Debts
€553,799 89% of the balance sheet
Financial debts 91%Suppliers 1%Other 7%
Of this, €43,097 falls due within a year.
M13 IMMO
Lifetime
7 annual accounts with figures on one time axispeak €75,892 (2024)
€52,337▼ 31.0%
lowest -€118,971 (2019)
€10,269▼ 69.1%
peak €69,203 (2025)
€69,203▲ 17.4%
€553,799▼ 5.2%
Board3 names since 2018
2 directorsDETHEUX Alain Jean Marie and 1 other
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Gross margin from €75,892 to €52,337Result from €33,214 to €10,269Equity from €58,934 to €69,203
Key points
from the 2025 annual accountsFilings
7 annual accounts 5 late
The 2022 accounts came latest: 60 days after the end of the period.
At the same address
14 companies
Checked score
68
Healthy
Financially stronger than 44% of micro companies without a NACE code
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.9%
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.8%▼ -0.1 percentage points vs 02-2025
04-2025: 0.8%● unchanged vs 03-2025
05-2025: 0.9%▲ +0.1 percentage points vs 04-2025
06-2025: 1.1%▲ +0.2 percentage points vs 05-2025
07-2025: 1.1%● unchanged vs 06-2025
08-2025: 1.6%▲ +0.5 percentage points vs 07-2025
09-2025: 1.8%▲ +0.2 percentage points vs 08-2025
10-2025: 1.3%▼ -0.5 percentage points vs 09-2025
11-2025: 1.3%● unchanged vs 10-2025
12-2025: 1.3%● unchanged vs 11-2025
01-2026: 1.3%● unchanged vs 12-2025
02-2026: 1.3%● unchanged vs 01-2026
03-2026: 1.4%▲ +0.1 percentage points vs 02-2026
04-2026: 1.4%● unchanged vs 03-2026
05-2026: 1.5%▲ +0.1 percentage points vs 04-2026
06-2026: 1.7%▲ +0.2 percentage points vs 05-2026
07-2026: 1.7%● unchanged vs 06-2026
08-2026: 2.3%▲ +0.6 percentage points vs 07-2026highest value
09-2026: 0.8%▼ -1.5 percentage points vs 08-2026lowest value
10-2026: 0.8%● unchanged vs 09-2026lowest value
11-2026: 0.8%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 26 days late; 1 of the last 3 accounts late
No registered site in the KBO
lowers risk
Size: total assets €623,002
No main activity registered
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 23% of them on solvency, 43% on liquidity, 36% on profitability and 74% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,372 companies had the same profile as M13 IMMO has now. Each dot stands for 6 companies, two years later.
96.6%
were still trading
1.4%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of M13 IMMO itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,372 companies, not a prediction for M13 IMMO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,500 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.14 (0.15 in 2024), below 1. Short-term debt is 6.9% and cash 0.9% of total assets. 88.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 26 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filingsDeviation from the deadline
2025
26 days late
2024
56 days late
2023
33 days early
2022
60 days late
2021
30 days late
2020
30 days late
2019
25 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 21 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DETHEUX Alain Jean Marie 550 sharesdeed of 21-12-2018
- VANDERBECK Gilles Paul Emile 550 sharesdeed of 21-12-2018
- VAN VYVE Antoinette Gaëtane Chantal Marie 100 sharesdeed of 21-12-2018
Recent changes
Resignation: VAN VYVE, Antoinette Gaëtane Chantal Marie (director)
Director discharge: VAN VYVE, Antoinette Gaëtane Chantal Marie · Gazette deed
Incorporation
Founding capital of €120,000, 1,200 shares · Founders: DETHEUX Alain Jean Marie, VANDERBECK Gilles Paul Emile and VAN VYVE Antoinette Gaëtane Chantal Marie · Appointments: DETHEUX Alain Jean Marie, VANDERBECK Gilles Paul Emile and VAN VYVE Antoinette Gaëtane Chantal Marie · published on 21-12-2018 · Gazette deed
Official details
Source: KBO- Status
- Active since 19-12-2018Normal situation
- Registered office
- 15 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- “La constitution et la gestion d'un propre patrimoine immobilier, notamment l'acquisition par l'achat ou…” (deed in French)From the articles, 7 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on M13 IMMO
M13 IMMO files the micro format. That format states no turnover. The gross margin rose from €9,521 in 2019 to €52,337 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about M13 IMMO
- What is the company number of M13 IMMO?
- The company number of M13 IMMO is 0716.637.483. The VAT number is the same number with BE in front: BE 0716.637.483.
- Where is M13 IMMO based?
- The registered office is at Amazonestraat 37, 1060 Sint-Gillis (bij-Brussel).Company details
- What is the legal form of M13 IMMO?
- M13 IMMO is a private limited company (BV).
- When was M13 IMMO founded?
- M13 IMMO was founded on 19-12-2018.
- Is M13 IMMO still active?
- Yes, M13 IMMO is an active enterprise in the KBO register.
- What is the turnover of M13 IMMO?
- The turnover in financial year 2025 is ≈ €160,000. This figure is estimated from the gross margin of €52,337 and 2,667 comparable companies of the same size. It probably lies between €100,000 and €270,000. It is a rough estimate.Financials
- Is M13 IMMO profitable?
- In financial year 2025, M13 IMMO made a profit of €10,269.
- Where can I find the annual accounts of M13 IMMO?
- M13 IMMO filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M13 IMMO due?
- M13 IMMO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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