P-Immo
ActiveSummary
P-Immo has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of -€2,505. Equity has been stable since 2023 (±0.2% per year). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-06-2023 Normal situation
- Activity
- “De bemiddeling in onroerende goederen,de projectontwikkeling voor woningbouw,de projectontwikkeling voor de nieuwbouw van individuele…” (deed in Dutch)From the articles, 12 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.347.021.304 9881 Aalter, since 07-06-2023
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
Board
Shareholders
- VAN VYNCKT Pierre Carlos Marie Michel Louis300 sharesdeed of 16-06-2023
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.5%
Annual accounts 2025
- Gross margin
- -€1,331
- ▼ 18.3%
- Loss
- €2,505
- ▲ 63.0%
- Equity
- €1.3m
- ▼ 0.2%
- Total assets
- €1.3m
- ▼ 0.1%
Turnover not published (micro format)
Score breakdownraises riskLiquidity: current ratio 0.04, cash €1,096, halvedFounded in 2023lowers riskSize: total assets €1.3mNo main activity registeredShow the evidence
Checked score
Score 2025
82
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 48% of micro companies without a NACE code
Financial strength · tick: 2024
Strong
Solvency
100=
equity 98.0% of total assets
Liquidity
50=
short-term debt 2.0% · cash 0.1%
Profitability
37=
return on assets -0.2%
Bankruptcy probability within 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.7%● unchanged vs 03-2025
05-2025: 0.7%● unchanged vs 04-2025
06-2025: 0.7%● unchanged vs 05-2025
07-2025: 0.8%▲ +0.1 percentage points vs 06-2025highest value
08-2025: 0.5%▼ -0.3 percentage points vs 07-2025
09-2025: 0.5%● unchanged vs 08-2025
10-2025: 0.5%● unchanged vs 09-2025
11-2025: 0.5%● unchanged vs 10-2025
12-2025: 0.5%● unchanged vs 11-2025
01-2026: 0.4%▼ -0.1 percentage points vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.4%● unchanged vs 02-2026
04-2026: 0.4%● unchanged vs 03-2026
05-2026: 0.4%● unchanged vs 04-2026lowest value
06-2026: 0.4%● unchanged vs 05-2026
07-2026: 0.5%▲ +0.1 percentage points vs 06-2026
08-2026: 0.5%● unchanged vs 07-2026
09-2026: 0.5%● unchanged vs 08-2026
10-2026: 0.5%● unchanged vs 09-2026
11-2026: 0.5%● unchanged vs 10-2026
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.04 (0.09 in 2024), below 1. Short-term debt is 2% and cash 0.1% of total assets. 2% of the assets are financed with debt and provisions.
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 81% of them on solvency, 39% on liquidity, 28% on profitability and 45% on growth.
The bankruptcy probability was computed on 04-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 17-06-2026, 44 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
44 days early
2024
31 days early
2023
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 3 accounts on average 35 days before 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 June (3 of the last 3 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 17-06-2026 at the NBB all 3 filings
Equity
€1.3m▼ 0.2%
2024 · €1.3m
Total assets
€1.3m▼ 0.1%
2024 · €1.3m
Net result
-€2,505▼ 63.0%
2024 · -€1,537
Working capital
-€24,744▼ 11.3%
2024 · -€22,239
Multi-year overview
2023 to 2025, 3 financial yearsOperating result
-€2,474
▼ 63.5%
2025
20232025
Net result
-€2,505
▼ 63.0%
2025
20232025
Equity
€1.3m
▼ 0.2%
2025
20232025
Total assets
€1.3m
▼ 0.1%
2025
20232025
Debt
€25,840
▲ 5.5%
2025
20232025
Working capital
-€24,744
▼ 11.3%
2025
20232025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line202320242025
Operating result-€0.002m--€0.002m▲ 26.0%-€0.002m▼ 63.5%
Net result-€0.002m--€0.002m▲ 25.1%-€0.003m▼ 63.0%
Equity€1.3m-€1.3m▼ 0.1%€1.3m▼ 0.2%
Total assets€1.3m-€1.3m▲ 0.1%€1.3m▼ 0.1%
Debt€0.02m-€0.02m▲ 12.9%€0.03m▲ 5.5%
Working capital-€0.02m--€0.02m▼ 7.4%-€0.02m▼ 11.3%
The operating result for 2025 is a loss of €2,474, larger than the loss of €1,513 in 2024. It is the lowest result since 2023.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets
€1.3m =
Current assets
€1,096 ▼ 51.3%
Equity and liabilities €1.3m
Equity
€1.3m ▼ 0.2%
Debt
€25,840 ▲ 5.5%
Debt's share of the balance-sheet total rises from 1.9% to 2.0%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.04▼
2024 · 0.09
Debt to equity
0.02▲
2024 · 0.02
ROE
-0.2%▼
2024 · -0.1%
ROA
-0.2%▼
2024 · -0.1%
Debt ≤ 1 year
€25,840▲
2024 · €24,489
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €1.3m | - | - |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Other operating charges640/8 | €384 | €387 | €1,143 | ▲ 195% |
| Gross operating margin9900 | -€1,658 | -€1,125 | -€1,331 | ▼ 18.3% |
| Operating profit (loss)9901 | -€2,043 | -€1,513 | -€2,474 | ▼ 63.5% |
| Financial charges65/66B | €10 | €24 | €31 | ▲ 31.1% |
| Recurring financial charges65 | €10 | €24 | €31 | ▲ 31.1% |
| Profit (loss) for the period before taxes9903 | -€2,053 | -€1,537 | -€2,505 | ▼ 63.0% |
| Profit (loss) for the period9904 | -€2,053 | -€1,537 | -€2,505 | ▼ 63.0% |
| Profit (loss) for the period to be appropriated9905 | -€2,053 | -€1,537 | -€2,505 | ▼ 63.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €1.3m | €1.3m | €1.3m | ▼ 0.1% |
| Fixed assets21/28 | €1.3m | €1.3m | €1.3m | = |
| Tangible fixed assets22/27 | €1.3m | €1.3m | €1.3m | = |
| Land and buildings22 | €1.3m | €1.3m | €1.3m | = |
| Current assets29/58 | €0.001m | €0.002m | €0.001m | ▼ 51.3% |
| Cash at bank and in hand54/58 | €0.001m | €0.002m | €0.001m | ▼ 51.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €1.3m | €1.3m | €1.3m | ▼ 0.1% |
| Equity10/15 | €1.3m | €1.3m | €1.3m | ▼ 0.2% |
| Contributions10/11 | €1.3m | €1.3m | €1.3m | = |
| Profit (loss) carried forward14 | -€0.002m | -€0.004m | -€0.006m | ▼ 69.8% |
| Amounts payable17/49 | €0.02m | €0.02m | €0.03m | ▲ 5.5% |
| Amounts payable within one year42/48 | €0.02m | €0.02m | €0.03m | ▲ 5.5% |
| Trade debts44 | €384 | - | - | - |
| Suppliers440/4 | €384 | - | - | - |
| Other amounts payable47/48 | €0.02m | €0.02m | €0.03m | ▲ 5.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,053 | -€1,537 | -€2,505 | ▼ 63.0% |
| Operating cash flow (approximation) | -€2,053 | -€1,537 | -€2,505 | ▼ 63.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | €1,260 | -€1,154 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 480 companies had the same profile as P-Immo has now. Two years later, 95.8% were still going and 0.8% had gone bankrupt.
- Small
- 2 to 5 years old
- solvency 30% or more
- a small loss
95.8%
was still going
3.1%
stopped otherwise
0.8%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of P-Immo itself: 0.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 480 companies, not a prediction for P-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.
Board & ownership
Directors
Directors
1 director, since incorporation
VAN VYNCKT Pierre Carlos Marie Michel Louis
Current
Director (not named in the articles) · appointed by deed of 16-06-2023 · term without a fixed end · listed in the 2025 annual accounts, filed on 17-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 16-06-2023Owners and capital
Shareholders
At incorporation
deed of 16-06-2023 ↗
- VAN VYNCKT Pierre Carlos Marie Michel Louis 300 shares (100%) · in kind
Capital transactions
Capital over time
- 16-06-2023 Incorporation · 300 shares
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft verkrijger(s) naar evenredigheid, elke overdracht onder levenden en ingevolge overlijden,ten bezwarende en kosteloze…”
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 16-06-2023 (in Dutch)
Network & group
P-Immo shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of P-Immo. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
Deadline for the 2026 accounts:
2026
17-06
micro format · 44 days before the deadline
2025
31-12
Financial
Weakest financial yearnet -€2,505
The net result drops to -€2,505, the lowest from 2023 to 2025.
30-06
micro format · 31 days before the deadline
2024
01-07
micro format · 30 days before the deadline
2023
16-06
Gazette deed
IncorporationFounder: VAN VYNCKT Pierre Carlos Marie Michel Louis · 300 shares · Appointment: VAN VYNCKT Pierre Carlos Marie Michel Louis (director)4 points ▸
Gazette deed
Incorporation
Founder: VAN VYNCKT Pierre Carlos Marie Michel Louis · 300 shares · Appointment: VAN VYNCKT Pierre Carlos Marie Michel Louis (director)4 points ▸
- Founder, VAN VYNCKT Pierre Carlos Marie Michel Louis
- 300 shares
- Registered office clause, Eksterstraat 32, 9881 Aalter
- Director appointment, VAN VYNCKT Pierre Carlos Marie Michel Louis (director (not named in the articles))
- The deed holds 27 more points.
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
P-Immo in Dutch
Enterprise number
0802.488.720
Legal form
Private limited company
Status
Active, normal situation
Founded
07-06-2023
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 16-06-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 16-06-2023 (in Dutch)Registered office and establishments
Registered office
Eksterstraat 32, 9881 Aalter, Belgium
Establishment unit
P-Immo, Eksterstraat 32, 9881 Aalter since 07-06-2023 · unit number 2.347.021.304 68110 Buying and selling of own real estate
Activities
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 16-06-2023 (in Dutch)
“De bemiddeling in onroerende goederen,de projectontwikkeling voor woningbouw,de projectontwikkeling voor de nieuwbouw van individuele…”
12 activities
- De bemiddeling in onroerende goederen,de projectontwikkeling voor woningbouw,de projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken,de projectontwikkeling voor de bouw van appartementsgebouwen,de projectontwikkeling voor kantoorgebouw,grondverkavelingen
- De bemiddeling bij de aankoop,verkoop en verhuur van onroerend goed,het schatten en evalueren van onroerend goed,het beheer van residentiële gebouwen;het verlenen,in opdracht van de eigenaar of de mede-eigenaars,van alle diensten die noodzakelijk zijn voor het behoorlijk functioneren van de gebouwen waarvan het beheer wordt waargenomen(residentiële gebouwen)en het innen van de huur(residentiële gebouwen)
- Alle onroerende verrichtingen,namelijk huren,verhuren,aan-en verkopen van alle onroerende goederen,zowel in binnen-als in buitenland,het uitvoeren van alle verkavelingen en bouwwerken,alle verrichtingen welke eigen zijn aan de landbouw-en hoveniersbedrijven,alle beheer van onroerende goederen,inbegrepen de verhuur van kamers of logementen
- Alle immobiliaire operaties of ermee verband houdende verrichtingen doen,met name aankoop,verkoop,leasing,ruiling,verhuring,expertise van onroerende goederen,beheer,onroerende promotie,oprichting,omvorming of ombouwing en valorisatie van onroerende goederen van alle aard,zo gronden en gebouwen,in voorkomend geval bij middel van verkaveling,nieuwbouw,heropbouw of verbouwing,onder voorwaarde van het bekomen van de noodzakelijke erkenning en inschrijving
- Het verstrekken van diensten,zoals het verlenen van managementadvies,juridisch advies,het verrichten van consulting werkzaamheden en projectmanagement en in het algemeen alle daarmee verbonden administratieve taken en hulpverlening
- Het verlenen van bijstand en hulp onder de meest verschillende vorm aan welkdanige derden,bijvoorbeeld:andere vennootschappen en/of éénmanszaken en dit op vlak van beheer,controle,toezicht,organisatie,management,enzovoort
- Het verlenen van adviezen en intellectuele en administratieve hulp,het ter beschikking stellen aan derden onder welke vorm ook van benodigdheden,modellen,materiaal,instrumenten,hard-en software al dan niet in eigen ontwikkeling,het uitvoeren in verband met wat voorafgaat van concrete projecten,het dienstbetoon inzake organisatie en toepassing van de meest verschillende wetgevingen,het ter beschikking stellen van management,het uitoefenen van bedrijfsleiding en het organiseren ervan,alsook het waarnemen van het beheer op alle niveaus,zowel voor eigen rekening als voor rekening of in deelneming met derden van handels-,nijverheids-of andere ondernemingen bestaande onder om het even welke vorm en dat zonder enige beperking
- De studie,redactie van en medewerking aan het tot stand brengen,door uitgeven en verspreiden van werken,onder welke vorm ook,met inbegrip van de geïnformatiseerde vorm van juridische,sociale,fiscale,en wetenschappelijke aard,alsmede het sluiten van overeenkomsten voor de uitgave,verspreiding en de informatisering ervan.Tevens kan de vennootschap aan wetenschappelijk onderzoek doen.De vennootschap kan lezingen organiseren
- De vennootschap kan optreden als makelaar,zelfstandig vertegenwoordiger,commissionair,publiciteitsbureau,bureau voor databeheer,raadgevend bureau inzake juridisch en sociale aangelegenheden,bureau voor welkdanige deelactiviteiten
- De vennootschap kan een patrimonium bestaande uit roerende en onroerende goederen verwerven,beheren,valoriseren en oordeelkundig uitbreiden.De vennootschap kan alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichten die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp,met inbegrip van de onderaanneming in het algemeen en de uitbating van alle intellectuele rechten en industriële of commerciële eigendommen die er betrekking op hebben
- De vennootschap kan door middel van inbreng,inschrijving,overdracht,deelneming,fusie,financiële en andere interventies deelnemen in alle zowel in België als in het buitenland gelegen vennootschappen,verenigingen en ondernemingen,waarvan het voorwerp identiek,gelijkaardig of verwant is met hare of van aard is de uitoefening van haar voorwerp te bevorderen
- De vennootschap kan optreden als bestuurder,volmachtdrager,mandataris of vereffenaar in andere vennootschappen of ondernemingen.Zij kan hen eveneens leningen,voorschotten en kredieten toestaan,behoudens de wettelijke beperkingen ter zake
Invoicing and payment
VAT number
BE 0802.488.720
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Saturday of June at 10:00
deed of 16-06-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
267 m²
Building footprint
103 m²
Building volume
407 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44009B0175/02B000 | Flanders | 267 m² | 1 · 103 m² | 6.2 m · 1 |