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PARTNER IMMO

Active
Private limited companyfounded 199234 yrs activeVan Hersbekelei 12, 2100 Antwerpen, BelgiumKBO/BCE: BE 0448.262.437
Summary

PARTNER IMMO has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €740k and a net result of €10k. Equity is growing by ~5.1% per year across the filed fiscal years. Its solvency ranks better than 64% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability57▼-17
Solvency73▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity short (current ratio 0.32 against 0.29 in 2023; short-term debt: 23.5% and cash: 1.1% of total assets), and 52.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 34 years 0 40 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 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 filings
Deviation from the deadline
2025
not confirmed
2024
11 d late
2023
26 d late
2022
30 d late
2021
54 d early
2020
54 d early
2019
46 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Turnover
€265
EBIT margin
49282.7%
Net result
€10k▼ 79.2%
2023 · €48k
2018: €79khighest in 7 years 2019: €31k▼ -61.0% vs 2018 2020: €37k▲ +19.0% vs 2019 2021: €39k▲ +7.4% vs 2020 2022: €26k▼ -33.4% vs 2021 2023: €48k▲ +82.6% vs 2022 2024: €10k▼ -79.2% vs 2023lowest in 7 years
2018 → 2024
Working capital
€-249k▼ 8.8%
2023 · €-229k
2018: €-230k 2019: €-265k▼ -15.1% vs 2018 2020: €-290k▼ -9.3% vs 2019lowest in 7 years 2021: €-286k▲ +1.3% vs 2020 2022: €-271k▲ +5.3% vs 2021 2023: €-229k▲ +15.4% vs 2022highest in 7 years 2024: €-249k▼ -8.8% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€617k-€656k▲ 6.4%€682k▲ 4.0%€730k▲ 7.0%€740k▲ 1.4% 2020: €617klowest in 5 years 2021: €656k▲ +6.4% vs 2020 2022: €682k▲ +4.0% vs 2021 2023: €730k▲ +7.0% vs 2022 2024: €740k▲ +1.4% vs 2023highest in 5 years
Operating result€67k-€68k▲ 1.6%€43k▼ 36.9%€75k▲ 74.0%€34k▼ 54.7% 2020: €67k 2021: €68k▲ +1.6% vs 2020 2022: €43k▼ -36.9% vs 2021 2023: €75k▲ +74.0% vs 2022highest in 5 years 2024: €34k▼ -54.7% vs 2023lowest in 5 years
Net result€37k-€39k▲ 7.4%€26k▼ 33.4%€48k▲ 82.6%€10k▼ 79.2% 2020: €37k 2021: €39k▲ +7.4% vs 2020 2022: €26k▼ -33.4% vs 2021 2023: €48k▲ +82.6% vs 2022highest in 5 years 2024: €10k▼ -79.2% vs 2023lowest in 5 years
Result per fiscal year
Operating resultNet result
€0€20k€40k€60k€80kOperating result 2020: €67k€67kNet result 2020: €37k€37kOperating result 2021: €68k€68kNet result 2021: €39k€39kOperating result 2022: €43k€43kNet result 2022: €26k€26kOperating result 2023: €75k€75kNet result 2023: €48k€48kOperating result 2024: €34k€34kNet result 2024: €10k€10k20202021202220232024€0€20k€40k€60k€80kOperating result 2022: €43k€43kNet result 2022: €26k€26kOperating result 2023: €75k€75kNet result 2023: €48k€48kOperating result 2024: €34k€34kNet result 2024: €10k€9.9k202220232024
The operating result falls in 2024; 2024 is 55% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.55M
Fixed assets €1.44M ▲ 24.5%
Current assets €115k ▲ 20.4%
Equity and liabilities €1.55M
Equity €740k ▲ 1.4%
Debt €812k ▲ 56.3%
Debt's share of the balance-sheet total rises from 41.6% to 52.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€86k▼
2023 · €121k
Cash flow
€62k▼
2023 · €94k
Current ratio
0.32▲
2023 · 0.29
Debt to equity
1.10▲
2023 · 0.71
ROE
1.3%▼
2023 · 6.5%
ROA
0.6%▼
2023 · 3.8%
Interest coverage
4.44▼
2023 · 12.79
Debt ≤ 1 year
€364k▲
2023 · €325k
Debt > 1 year
€447k▲
2023 · €195k
Income taxes
€7k▼
2023 · €20k
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 · 2024 against 2023 · 46 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.25M€1.55M▲
Fixed assets21/28€1.15M€1.44M▲
Tangible fixed assets22/27€1.15M€1.44M▲
Land and buildings22€1.15M€1.43M▲
Other tangible fixed assets26€7k€7k=
Current assets29/58€95k€115k▲
Amounts receivable within one year40/41€70k€63k▼
Trade receivables40€34k€0▼
Other amounts receivable41€37k€63k▲
Cash at bank and in hand54/58€833€16k▲
Deferred charges and accrued income490/1€24k€35k▲
Equity and liabilities
Total equity and liabilities10/49€1.25M€1.55M▲
Equity10/15€730k€740k▲
Contributions10/11€19k€19k=
Revaluation surpluses12€201k€191k▼
Reserves13€506k€526k▲
Distributable reserves133€506k€526k▲
Profit (loss) carried forward14€5k€5k▲
Amounts payable17/49€519k€812k▲
Amounts payable after more than one year17€195k€447k▲
Financial debts170/4€195k€447k▲
Amounts payable within one year42/48€325k€364k▲
Current portion of amounts payable after more than one year42€48k€71k▲
Trade debts44€436€303▼
Suppliers440/4€436€303▼
Taxes, remuneration and social security45€10k€0▼
Taxes450/3€10k€0▼
Other amounts payable47/48€267k€293k▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€52k▲
Other operating charges640/8€12k€594▼
Non-recurring operating charges66A-€41k
Gross operating margin9900€133k€127k▼
Operating profit (loss)9901€75k€34k▼
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€9k€19k▲
Recurring financial charges65€9k€19k▲
Profit (loss) for the period before taxes9903€67k€17k▼
Income taxes67/77€20k€7k▼
Profit (loss) for the period9904€48k€10k▼
Profit (loss) for the period to be appropriated9905€48k€10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€52k€15k▼
Profit (loss) brought forward from the previous period14P€4k€5k▲
Transfer to equity691/2€47k€10k▼
To other reserves6921€47k€10k▼
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€46k€46k€46k€52k▲ 13.3%
Other operating charges640/8-€10k€9k€12k€594▼ 95.0%
Non-recurring operating charges66A----€41k-
Gross operating margin9900€124k€124k€98k€133k€127k▼ 4.2%
Operating profit (loss)9901€67k€68k€43k€75k€34k▼ 54.7%
Financial income75/76B-€0€2k€2k€2k▲ 41.2%
Recurring financial income75€0€0€2k€2k€2k▲ 41.2%
Financial charges65/66B-€13k€7k€9k€19k▲ 105%
Recurring financial charges65€15k€13k€7k€9k€19k▲ 105%
Profit (loss) for the period before taxes9903€52k€55k€38k€67k€17k▼ 74.7%
Income taxes67/77€15k€16k€12k€20k€7k▼ 63.9%
Profit (loss) for the period9904€37k€39k€26k€48k€10k▼ 79.2%
Profit (loss) for the period to be appropriated9905€37k€39k€26k€48k€10k▼ 79.2%
Line20202021202220232024Change
Assets
Total assets20/58€1.31M€1.28M€1.27M€1.25M€1.55M▲ 24.2%
Fixed assets21/28€1.26M€1.23M€1.20M€1.15M€1.44M▲ 24.5%
Tangible fixed assets22/27€1.26M€1.23M€1.20M€1.15M€1.44M▲ 24.5%
Land and buildings22-€1.23M€1.19M€1.15M€1.43M▲ 24.7%
Other tangible fixed assets26-€7k€7k€7k€7k=
Current assets29/58€46k€51k€78k€95k€115k▲ 20.4%
Amounts receivable within one year40/41€25k€21k€32k€70k€63k▼ 9.8%
Trade receivables40---€34k€0▼ 100%
Other amounts receivable41-€21k€32k€37k€63k▲ 72.4%
Cash at bank and in hand54/58€8k€14k€26k€833€16k▲ 1,877%
Deferred charges and accrued income490/1-€16k€20k€24k€35k▲ 43.8%
Equity and liabilities
Total equity and liabilities10/49€1.31M€1.28M€1.27M€1.25M€1.55M▲ 24.2%
Equity10/15€617k€656k€682k€730k€740k▲ 1.4%
Contributions10/11-€19k€19k€19k€19k=
Outside capital11--€19k---
Other1109/19--€19k---
Revaluation surpluses12-€219k€210k€201k€191k▼ 4.7%
Reserves13€366k€414k€450k€506k€526k▲ 3.8%
Non-distributable reserves130/1-€2k€2k---
Reserves not available under the articles1311-€2k€2k---
Distributable reserves133-€412k€448k€506k€526k▲ 3.8%
Profit (loss) carried forward14€4k€4k€4k€5k€5k▲ 0.5%
Amounts payable17/49€690k€627k€592k€519k€812k▲ 56.3%
Amounts payable after more than one year17€354k€291k€243k€195k€447k▲ 130%
Financial debts170/4-€291k€243k€195k€447k▲ 130%
Amounts payable within one year42/48€336k€337k€349k€325k€364k▲ 12.2%
Current portion of amounts payable after more than one year42-€68k€48k€48k€71k▲ 47.3%
Trade debts44-€636€865€436€303▼ 30.6%
Suppliers440/4-€636€865€436€303▼ 30.6%
Taxes, remuneration and social security45-€1k€1k€10k€0▼ 100%
Taxes450/3-€1k€1k€10k€0▼ 100%
Other amounts payable47/48-€267k€299k€267k€293k▲ 9.9%
Line20202021202220232024Change
Profit (loss) for the period9904€37k€39k€26k€48k€10k▼ 79.2%
+ Depreciation and write-downs630€47k€46k€46k€46k€52k▲ 13.3%
Operating cash flow (approximation)€83k€85k€72k€94k€62k▼ 33.8%
Investment in fixed assets (approximation)-€-18k€-9k€-4k€-335k▼ 8,692%
Change in cash-€5k€13k€-25k€16k▲ 161%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
30-07
State Gazette act Appointment: BOETS Steven (director)
2 facts ▸
  • General meeting, 01/07/2026
  • Director appointment, BOETS Steven (director)
2025
11-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 11 days late
2024
31-12
Financial Weakest financial yearnet €10k ▼79.2%
Net result drops to €10k, the lowest in the series.
26-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
30-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
07-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
07-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
15-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
06-08
NBB filing Annual accounts filed
fiscal year 2017 · full schema · 6 days late
2017
01-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 1 day late
2016
04-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 4 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts

Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
BOETS Steven
Director · since 01-07-2026
Current
01-07-2026 Appointed as Director
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1995
seat establishment The establishment unit on the map
Ground area
435 m²
Building footprint
136 m²
Volume, LiDAR
907 m³
Parcel 11346B0536/00G007, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
PARTNER IMMO
Van Hersbekelei 12, 2100 AntwerpenInsurance, reinsurance and pension funding, except compulsory social security
since 19952.073.457.845
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11346B0536/00G007 Flanders 435 m² 1 · 136 m² 11.4 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.

Similar companies · same sector, comparable size

Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 4,118 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
Founded18-09-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
64210Activities of holding companies
70200Business and other management consultancy

Scores and ratios are computed by Checked and are not a credit decision.