NM IMMO
ActiveNM IMMO has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €-18k. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 25% of 14009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability46▼-10
Solvency28▼-1
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.21 in 2024; short-term debt: 19.4% and cash: 0.4% of total assets), and 96.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
Sector 68
lower
← 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 14009 sector peers (2025).
NBB · sector comparisonPosition among 14009 sector peers
Solvency
better than 25%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
30 d late
2024
28 d late
2023
27 d late
2022
16 d late
2021
31 d late
2020
25 d late
2019
20 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€40k▼ 33.2%
2024 · €59k
2018: €45k
2019: €46k
2020: €47k
2021: €25k
2022: €57k
2023: €57k
2024: €59k
2018 → 2025
Total assets
€1.28M▼ 8.0%
2024 · €1.39M
2018: €275k
2019: €261k
2020: €245k
2021: €1.30M
2022: €1.26M
2023: €1.36M
2024: €1.39M
2018 → 2025
Net result
€-18k
2024 · €4k
2018: €2k
2019: €2k
2020: €2k
2021: €-21k
2022: €34k
2023: €2k
2024: €4k
2018 → 2025
Working capital
€-232k▼ 16.5%
2024 · €-199k
2018: €6k
2019: €-4k
2020: €-8k
2021: €-202k
2022: €-203k
2023: €-382k
2024: €-199k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€25k-€57k▲ 131%€57k▲ 0.7%€59k▲ 3.7%€40k▼ 33.2%
Operating result€-7k-€52k€14k▼ 72.3%€26k▲ 80.9%€4k▼ 84.8%
Net result€-21k-€34k€2k▼ 94.5%€4k▲ 92.2%€-18k
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 85% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.28M
Fixed assets
€1.26M▼ 5.6%
Current assets
€16k▼ 70.1%
Equity and liabilities €1.28M
Equity
€40k▼ 33.2%
Debt
€1.24M▼ 6.9%
The debt ratio rises from 95.7% to 96.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€78k▼
2024 · €101k
Cash flow
€56k▼
2024 · €79k
Solvency
3.1%▼
2024 · 4.3%
Current ratio
0.06▼
2024 · 0.21
Quick ratio
0.06▼
2024 · 0.21
Debt / equity
31.15▲
2024 · 22.34
ROE
-46.2%▼
2024 · 5.9%
ROA
-1.4%▼
2024 · 0.3%
Interest coverage
3.50▼
2024 · 4.48
Debt
€1.24M▼
2024 · €1.33M
Debt ≤ 1 year
€247k▼
2024 · €252k
Debt > 1 year
€981k▼
2024 · €1.08M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.39M€1.28M▼
Fixed assets21/28€1.34M€1.26M▼
Tangible fixed assets22/27€1.34M€1.26M▼
Land and buildings22€1.34M€1.26M▼
Current assets29/58€53k€16k▼
Amounts receivable within one year40/41€19k€10k▼
Trade receivables40€9k-
Other amounts receivable41€10k€10k=
Cash at bank and in hand54/58€34k€5k▼
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€1.39M€1.28M▼
Equity10/15€59k€40k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€25k€7k▼
Investment grants15€16k€14k▼
Amounts payable17/49€1.33M€1.24M▼
Amounts payable after more than one year17€1.08M€981k▼
Financial debts170/4€1.08M€981k▼
Amounts payable within one year42/48€252k€247k▼
Current portion of amounts payable after more than one year42€95k€96k▲
Financial debts43€137k€137k=
Credit institutions430/8€137k€137k=
Trade debts44€15k€15k▼
Suppliers440/4€15k€15k▼
Taxes, remuneration and social security45€4k-
Taxes450/3€4k-
Accrued charges and deferred income492/3-€9k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75k€74k▼
Other operating charges640/8€7k€15k▲
Gross operating margin9900€109k€93k▼
Operating profit (loss)9901€26k€4k▼
Financial charges65/66B€23k€22k▼
Recurring financial charges65€23k€22k▼
Profit (loss) for the period before taxes9903€4k€-18k▼
Profit (loss) for the period9904€4k€-18k▼
Profit (loss) for the period to be appropriated9905€4k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€25k€7k▼
Profit (loss) brought forward from the previous period14P€22k€25k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 30 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Back to profitnet €34k
Net result €34k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-21k ▼1031%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
06-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 6 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Grâce-Hollogne · 2 establishment units since 2014
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de l'Expansion 154460 Grâce-HollogneGround area
5,309 m²
Building footprint
2,207 m²
2 parcels, Wallonia. Linked by address, not a title deed.
2 establishment units
Rue de l'Expansion 15, 4460 Grâce-Hollogne
since 20142.235.347.875
Rue de l'Eperonnerie 21, 4041 Herstal
since 20212.320.808.142
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62071A0078/00F002 | Wallonia | 3,210 m² | 1 · 1,570 m² | - |
| 62046A0135/00H002 | Wallonia | 2,099 m² | 1 · 637 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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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PRAKTIJK LEBON
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IMMODONTO
BE 0741.759.097
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Syncro19
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Bilzen-Hoeselt · Eq €40k
Of 12,018 companies in sector 68203 we hold annual accounts for 5,984. 2,836 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-03-2014
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@tube-access.com