MN-Immo
ActiveSummary
MN-Immo has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €93k and a net result of €9k. Equity is growing by ~19.6% per year across the filed fiscal years. Its solvency ranks better than 89% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability79▼-3
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 6.95 against 6.89 in 2024; short-term debt: 14.4% and cash: 71.3% of total assets), and 14.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
85.6%
Return on assets
7.9%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
93 d early
2023
34 d early
2022
67 d early
2021
51 d early
2020
9 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€93k▲ 10.2%
2024 · €85k
2018: €2klowest in 8 years
2019: €23k▲ +1036% vs 2018
2020: €41k▲ +80.5% vs 2019
2021: €56k▲ +34.8% vs 2020
2022: €67k▲ +20.1% vs 2021
2023: €75k▲ +11.1% vs 2022
2024: €85k▲ +13.6% vs 2023
2025: €93k▲ +10.2% vs 2024highest in 8 years
2018 → 2025
Total assets
€109k▲ 10.1%
2024 · €99k
2018: €8klowest in 8 years
2019: €28k▲ +234% vs 2018
2020: €46k▲ +63.9% vs 2019
2021: €69k▲ +49.5% vs 2020
2022: €85k▲ +23.4% vs 2021
2023: €85k▲ +0.5% vs 2022
2024: €99k▲ +16.1% vs 2023
2025: €109k▲ +10.1% vs 2024highest in 8 years
2018 → 2025
Net result
€9k▼ 15.1%
2024 · €10k
2018: €29khighest in 8 years
2019: €21k▼ -28.3% vs 2018
2020: €19k▼ -11.7% vs 2019
2021: €14k▼ -21.9% vs 2020
2022: €11k▼ -22.3% vs 2021
2023: €7k▼ -33.8% vs 2022lowest in 8 years
2024: €10k▲ +36.8% vs 2023
2025: €9k▼ -15.1% vs 2024
2018 → 2025
Working capital
€93k▲ 10.5%
2024 · €85k
2018: €2klowest in 8 years
2019: €23k▲ +1036% vs 2018
2020: €41k▲ +78.5% vs 2019
2021: €56k▲ +36.2% vs 2020
2022: €66k▲ +18.9% vs 2021
2023: €74k▲ +11.3% vs 2022
2024: €85k▲ +14.3% vs 2023
2025: €93k▲ +10.5% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€56k-€67k▲ 20.1%€75k▲ 11.1%€85k▲ 13.6%€93k▲ 10.2%
2021: €56klowest in 5 years
2022: €67k▲ +20.1% vs 2021
2023: €75k▲ +11.1% vs 2022
2024: €85k▲ +13.6% vs 2023
2025: €93k▲ +10.2% vs 2024highest in 5 years
Operating result€22k-€20k▼ 10.5%€13k▼ 33.0%€17k▲ 29.7%€16k▼ 10.4%
2021: €22khighest in 5 years
2022: €20k▼ -10.5% vs 2021
2023: €13k▼ -33.0% vs 2022lowest in 5 years
2024: €17k▲ +29.7% vs 2023
2025: €16k▼ -10.4% vs 2024
Net result€14k-€11k▼ 22.3%€7k▼ 33.8%€10k▲ 36.8%€9k▼ 15.1%
2021: €14khighest in 5 years
2022: €11k▼ -22.3% vs 2021
2023: €7k▼ -33.8% vs 2022lowest in 5 years
2024: €10k▲ +36.8% vs 2023
2025: €9k▼ -15.1% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 10% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €109k
Equity
€93k ▲ 10.2%
Debt
€16k ▲ 9.4%
Debt's share of the balance-sheet total falls from 14.5% to 14.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16k▼
2024 · €18k
Cash flow
€9k▼
2024 · €11k
Current ratio
6.95▲
2024 · 6.89
Debt to equity
0.17▼
2024 · 0.17
ROE
9.2%▼
2024 · 12.0%
ROA
7.9%▼
2024 · 10.3%
Interest coverage
49.86▼
2024 · 121.55
Debt ≤ 1 year
€16k▲
2024 · €14k
Income taxes
€7k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€99k€109k▲
Fixed assets21/28€224-
Tangible fixed assets22/27€224-
Plant, machinery and equipment23€224-
Current assets29/58€99k€109k▲
Amounts receivable within one year40/41€90k€31k▼
Trade receivables40€182-
Other amounts receivable41€90k€31k▼
Cash at bank and in hand54/58€9k€78k▲
Deferred charges and accrued income490/1€213€220▲
Equity and liabilities
Total equity and liabilities10/49€99k€109k▲
Equity10/15€85k€93k▲
Contributions10/11€20k€20k=
Reserves13€64k€73k▲
Distributable reserves133€64k€73k▲
Profit (loss) carried forward14€856€392▼
Amounts payable17/49€14k€16k▲
Amounts payable within one year42/48€14k€16k▲
Current portion of amounts payable after more than one year42€6k-
Trade debts44€1k€1k▼
Suppliers440/4€1k€1k▼
Taxes, remuneration and social security45€8k€15k▲
Taxes450/3€8k€15k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€413€224▼
Other operating charges640/8€952€1k▲
Gross operating margin9900€19k€17k▼
Operating profit (loss)9901€17k€16k▼
Financial income75/76B€22€47▲
Recurring financial income75€22€47▲
Financial charges65/66B€146€316▲
Recurring financial charges65€146€316▲
Profit (loss) for the period before taxes9903€17k€15k▼
Income taxes67/77€7k€7k▼
Profit (loss) for the period9904€10k€9k▼
Profit (loss) for the period to be appropriated9905€10k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€9k▼
Profit (loss) brought forward from the previous period14P€679€856▲
Transfer to equity691/2€10k€9k▼
To other reserves6921€10k€9k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €385 | €574 | €600 | €413 | €224 | ▼ 45.8% |
| Other operating charges640/8 | €403 | €1k | €1k | €952 | €1k | ▲ 23.9% |
| Gross operating margin9900 | €23k | €22k | €15k | €19k | €17k | ▼ 9.4% |
| Operating profit (loss)9901 | €22k | €20k | €13k | €17k | €16k | ▼ 10.4% |
| Financial income75/76B | - | €131 | €40 | €22 | €47 | ▲ 114% |
| Recurring financial income75 | - | €131 | €40 | €22 | €47 | ▲ 114% |
| Financial charges65/66B | €141 | €258 | €401 | €146 | €316 | ▲ 116% |
| Recurring financial charges65 | €141 | €258 | €401 | €146 | €316 | ▲ 116% |
| Profit (loss) for the period before taxes9903 | €22k | €20k | €13k | €17k | €15k | ▼ 11.3% |
| Income taxes67/77 | €8k | €9k | €6k | €7k | €7k | ▼ 5.7% |
| Profit (loss) for the period9904 | €14k | €11k | €7k | €10k | €9k | ▼ 15.1% |
| Profit (loss) for the period to be appropriated9905 | €14k | €11k | €7k | €10k | €9k | ▼ 15.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €69k | €85k | €85k | €99k | €109k | ▲ 10.1% |
| Fixed assets21/28 | €573 | €1k | €637 | €224 | - | - |
| Tangible fixed assets22/27 | €573 | €1k | €637 | €224 | - | - |
| Plant, machinery and equipment23 | €573 | €1k | €637 | €224 | - | - |
| Current assets29/58 | €68k | €84k | €85k | €99k | €109k | ▲ 10.3% |
| Amounts receivable within one year40/41 | €46k | €53k | €73k | €90k | €31k | ▼ 65.4% |
| Trade receivables40 | - | - | - | €182 | - | - |
| Other amounts receivable41 | €46k | €53k | €73k | €90k | €31k | ▼ 65.4% |
| Cash at bank and in hand54/58 | €22k | €31k | €12k | €9k | €78k | ▲ 794% |
| Deferred charges and accrued income490/1 | - | €598 | €203 | €213 | €220 | ▲ 3.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €69k | €85k | €85k | €99k | €109k | ▲ 10.1% |
| Equity10/15 | €56k | €67k | €75k | €85k | €93k | ▲ 10.2% |
| Contributions10/11 | €19k | €20k | €20k | €20k | €20k | = |
| Capital10 | €19k | - | - | - | - | - |
| Issued capital100 | €19k | - | - | - | - | - |
| Reserves13 | €37k | €46k | €54k | €64k | €73k | ▲ 14.3% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Legal reserve130 | €2k | - | - | - | - | - |
| Distributable reserves133 | €35k | €46k | €54k | €64k | €73k | ▲ 14.3% |
| Profit (loss) carried forward14 | €601 | €638 | €679 | €856 | €392 | ▼ 54.2% |
| Amounts payable17/49 | €13k | €18k | €11k | €14k | €16k | ▲ 9.4% |
| Amounts payable within one year42/48 | €12k | €17k | €11k | €14k | €16k | ▲ 9.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6k | - | - |
| Trade debts44 | €41 | €701 | €1k | €1k | €1k | ▼ 1.9% |
| Suppliers440/4 | €41 | €701 | €1k | €1k | €1k | ▼ 1.9% |
| Taxes, remuneration and social security45 | €12k | €17k | €10k | €8k | €15k | ▲ 89.6% |
| Taxes450/3 | €12k | €17k | €10k | €8k | €15k | ▲ 89.6% |
| Accrued charges and deferred income492/3 | €500 | €500 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €11k | €7k | €10k | €9k | ▼ 15.1% |
| + Depreciation and write-downs630 | €385 | €574 | €600 | €413 | €224 | ▼ 45.8% |
| Operating cash flow (approximation) | €15k | €12k | €8k | €11k | €9k | ▼ 16.3% |
| Investment in fixed assets (approximation) | - | €-1k | €0 | €0 | - | - |
| Change in cash | - | €8k | €-19k | €-3k | €69k | ▲ 2,388% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €7k ▼33.8%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
25-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 11.06
Current ratio from 5.48 to 11.06; short-term debt falls from €5k to €4k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 5.48
Current ratio from 1.32 to 5.48; short-term debt falls from €6k to €5k.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
04-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 35 days late
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Binche · 1 establishment unit since 1997
Ground area
195 m²
Building footprint
92 m²
Volume, LiDAR
652 m³
2 parcels, Wallonia · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
AU MYOSOTIS
since 19972.084.011.049
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 56011B0868/00B000 | Wallonia | 129 m² | 1 · 50 m² | 14.2 m · 4 fl. |
| 56011B0259/00N000 | Wallonia | 65 m² | 1 · 42 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 5,174 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-10-1997
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.