MOSAN IMMO
ActiveSummary
MOSAN IMMO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €-2k. Equity is shrinking by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 61% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability29▲+4
Solvency70▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 1.76 in 2024; short-term debt: 55.3% and cash: 0.1% of total assets), but 55.3% 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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.7%
Return on assets
-3.4%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
28 d early
2024
22 d late
2023
26 d late
2022
44 d late
2021
33 d early
2020
65 d early
← 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
€24k▼ 7.0%
2024 · €26k
2020: €1klowest in 6 years
2021: €46k▲ +3138% vs 2020highest in 6 years
2022: €34k▼ -26.6% vs 2021
2023: €29k▼ -15.0% vs 2022
2024: €26k▼ -10.2% vs 2023
2025: €24k▼ -7.0% vs 2024
2020 → 2025
Total assets
€54k▼ 10.3%
2024 · €60k
2020: €286khighest in 6 years
2021: €225k▼ -21.1% vs 2020
2022: €90k▼ -60.0% vs 2021
2023: €82k▼ -9.3% vs 2022
2024: €60k▼ -26.3% vs 2023
2025: €54k▼ -10.3% vs 2024lowest in 6 years
2020 → 2025
Net result
€-2k▲ 38.6%
2024 · €-3k
2020: €-14klowest in 6 years
2021: €45k▲ +431% vs 2020highest in 6 years
2022: €-12k▼ -127% vs 2021
2023: €-5k▲ +58.6% vs 2022
2024: €-3k▲ +42.1% vs 2023
2025: €-2k▲ +38.6% vs 2024
2020 → 2025
Working capital
€24k▼ 7.0%
2024 · €26k
2020: €-515lowest in 6 years
2021: €45k▲ +8812% vs 2020highest in 6 years
2022: €33k▼ -26.6% vs 2021
2023: €28k▼ -14.2% vs 2022
2024: €26k▼ -8.0% vs 2023
2025: €24k▼ -7.0% vs 2024
2020 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€46k-€34k▼ 26.6%€29k▼ 15.0%€26k▼ 10.2%€24k▼ 7.0%
2021: €46khighest in 5 years
2022: €34k▼ -26.6% vs 2021
2023: €29k▼ -15.0% vs 2022
2024: €26k▼ -10.2% vs 2023
2025: €24k▼ -7.0% vs 2024lowest in 5 years
Operating result€57k-€-12k€-5k▲ 58.8%€-3k▲ 37.1%€-2k▲ 26.6%
2021: €57khighest in 5 years
2022: €-12k▼ -121% vs 2021lowest in 5 years
2023: €-5k▲ +58.8% vs 2022
2024: €-3k▲ +37.1% vs 2023
2025: €-2k▲ +26.6% vs 2024
Net result€45k-€-12k€-5k▲ 58.6%€-3k▲ 42.1%€-2k▲ 38.6%
2021: €45khighest in 5 years
2022: €-12k▼ -127% vs 2021lowest in 5 years
2023: €-5k▲ +58.6% vs 2022
2024: €-3k▲ +42.1% vs 2023
2025: €-2k▲ +38.6% 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 stays negative: a loss of €2k in 2025 against €3k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €54k
Equity
€24k ▼ 7.0%
Debt
€30k ▼ 12.8%
Debt's share of the balance-sheet total falls from 56.9% to 55.3%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.81▲
2024 · 1.76
Quick ratio
0.49▼
2024 · 0.61
Debt to equity
1.24▼
2024 · 1.32
ROE
-7.5%▲
2024 · -11.4%
ROA
-3.4%▲
2024 · -4.9%
Debt ≤ 1 year
€30k▼
2024 · €34k
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 · 31 lines
Balance sheet
Code20242025
Assets
Total assets20/58€60k€54k▼
Current assets29/58€60k€54k▼
Stocks and contracts in progress3€39k€39k=
Stocks30/36€39k€39k=
Amounts receivable within one year40/41€17k€15k▼
Trade receivables40€5k€5k▼
Other amounts receivable41€12k€10k▼
Cash at bank and in hand54/58€362€34▼
Deferred charges and accrued income490/1€4k-
Equity and liabilities
Total equity and liabilities10/49€60k€54k▼
Equity10/15€26k€24k▼
Contributions10/11€15k€15k=
Profit (loss) carried forward14€11k€9k▼
Amounts payable17/49€34k€30k▼
Amounts payable within one year42/48€34k€30k▼
Trade debts44€5k-
Suppliers440/4€5k-
Other amounts payable47/48€30k€30k▲
Income statement
Code20242025
Non-recurring operating income76A€793-
Other operating charges640/8€522€1k▲
Gross operating margin9900€-3k€-1k▲
Operating profit (loss)9901€-3k€-2k▲
Financial income75/76B€307€504▲
Recurring financial income75€307€504▲
Financial charges65/66B€105-
Recurring financial charges65€105-
Profit (loss) for the period before taxes9903€-3k€-2k▲
Profit (loss) for the period9904€-3k€-2k▲
Profit (loss) for the period to be appropriated9905€-3k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€9k▼
Profit (loss) brought forward from the previous period14P€14k€11k▼
The notes to these accounts (3 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €793 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €413 | €413 | €413 | - | - | - |
| Other operating charges640/8 | €644 | €708 | €534 | €522 | €1k | ▲ 99.6% |
| Gross operating margin9900 | €58k | €-11k | €-4k | €-3k | €-1k | ▲ 51.6% |
| Operating profit (loss)9901 | €57k | €-12k | €-5k | €-3k | €-2k | ▲ 26.6% |
| Financial income75/76B | €375 | - | - | €307 | €504 | ▲ 63.8% |
| Recurring financial income75 | €375 | - | - | €307 | €504 | ▲ 63.8% |
| Financial charges65/66B | €5k | €130 | €68 | €105 | - | - |
| Recurring financial charges65 | €5k | €130 | €68 | €105 | - | - |
| Profit (loss) for the period before taxes9903 | €53k | €-12k | €-5k | €-3k | €-2k | ▲ 38.6% |
| Income taxes67/77 | €8k | - | €12 | - | - | - |
| Profit (loss) for the period9904 | €45k | €-12k | €-5k | €-3k | €-2k | ▲ 38.6% |
| Profit (loss) for the period to be appropriated9905 | €45k | €-12k | €-5k | €-3k | €-2k | ▲ 38.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €225k | €90k | €82k | €60k | €54k | ▼ 10.3% |
| Fixed assets21/28 | €2k | €1k | €707 | - | - | - |
| Tangible fixed assets22/27 | €2k | €1k | €707 | - | - | - |
| Plant, machinery and equipment23 | €2k | €1k | €707 | - | - | - |
| Current assets29/58 | €224k | €89k | €81k | €60k | €54k | ▼ 10.3% |
| Stocks and contracts in progress3 | €145k | €39k | €39k | €39k | €39k | = |
| Stocks30/36 | €145k | €39k | €39k | €39k | €39k | = |
| Amounts receivable within one year40/41 | €14k | €49k | €41k | €17k | €15k | ▼ 11.3% |
| Trade receivables40 | €9k | €7k | €7k | €5k | €5k | ▼ 7.9% |
| Other amounts receivable41 | €5k | €42k | €35k | €12k | €10k | ▼ 12.8% |
| Cash at bank and in hand54/58 | €65k | €669 | €292 | €362 | €34 | ▼ 90.5% |
| Deferred charges and accrued income490/1 | €219 | - | - | €4k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €225k | €90k | €82k | €60k | €54k | ▼ 10.3% |
| Equity10/15 | €46k | €34k | €29k | €26k | €24k | ▼ 7.0% |
| Contributions10/11 | €15k | €15k | €15k | €15k | €15k | = |
| Profit (loss) carried forward14 | €31k | €19k | €14k | €11k | €9k | ▼ 16.5% |
| Amounts payable17/49 | €179k | €56k | €53k | €34k | €30k | ▼ 12.8% |
| Amounts payable within one year42/48 | €179k | €56k | €53k | €34k | €30k | ▼ 12.8% |
| Financial debts43 | - | - | €1 | - | - | - |
| Credit institutions430/8 | - | - | €1 | - | - | - |
| Trade debts44 | €13k | €6k | - | €5k | - | - |
| Suppliers440/4 | €13k | €6k | - | €5k | - | - |
| Advances received on contracts in progress46 | €116k | - | - | - | - | - |
| Taxes, remuneration and social security45 | €4k | €4k | - | - | - | - |
| Taxes450/3 | €4k | €4k | - | - | - | - |
| Other amounts payable47/48 | €47k | €47k | €53k | €30k | €30k | ▲ 0.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45k | €-12k | €-5k | €-3k | €-2k | ▲ 38.6% |
| + Depreciation and write-downs630 | €413 | €413 | €413 | - | - | - |
| Operating cash flow (approximation) | €45k | €-12k | €-5k | €-3k | €-2k | ▲ 38.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - | - | - |
| Change in cash | - | €-64k | €-377 | €70 | €-328 | ▼ 565% |
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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 22 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 44 days late
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €45k
Net result €45k after one loss-making year.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Anhée
Ground area
1.2 ha
Building footprint
677 m²
Volume, LiDAR
4,512 m³
Parcel 91005A0285/00A000, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
9
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91005A0285/00A000 | Wallonia | 1.2 ha | 1 · 677 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,284 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
Founded27-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.