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Immo Shared Services

Active Private limited companyfounded 2007active for 19 yearsGrote Markt 6, 9100 Sint-NiklaasKBO/BCE: BE 0886.187.347 subsidiary of ERA BELGIUM

Lifetime

19 annual accounts with figures on one time axis
peak €184,961 (2016)
€45,423▲ 31.4%
lowest -€109,742 (2008)
€32,192▲ 67.4%
peak €79,310 (2025)
€79,310▲ 68.3%
€1.6m▲ 2.5%
peak 2 FTE (2015)
-not published
Board6 names since 2019
2 directorsAlfabet and 1 other
Owners5 names in the annual accounts
Documentsfilings and deeds
24-06-202637 days before the deadline
2025abbreviated format
Gross margin from €34,579 to €45,423Result from €19,227 to €32,192Equity from €47,118 to €79,3101 establishment registeredCash from €13,463 to €55,677

Key points

from the 2025 annual accounts

Equity

€79,310 ▲ 68.3%

Immo Shared Services has made a profit without a break since 2019.

Turnover

≈ €100,000 estimated

The abbreviated format states no turnover.

Debts

€1.6m 95% of the balance sheet
Financial debts 0%Suppliers 99%Taxes and wages 1%

Of this, €1.6m falls due within a year.

Filings

19 annual accounts since 2007
AprilJune31 JulyOctober2010201520202025

The last five annual accounts were filed 8 to 66 days before the end of the period.

Board

1 joined

New director. Latest change 06-02-2026 · 2 in office.

Checked score

89
Excellent
Financially stronger than 40% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.3%▲ +0.1 percentage points vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026

Financial strength
Weak

30+2equity 4.6% of total assets
4+3short-term debt 95.3% · cash 3.3%
42+2return on assets 1.9%

Score breakdown

raises risk
Equity €79,310 (4.6% of total assets)
3 establishment units
lowers risk
Size: total assets €1.7m
Figures for financial year 2025 (filed on 24-06-2026)
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 (NACE 68, micro). It does better than 25% of them on solvency, 7% on liquidity, 37% on profitability and 89% on growth.

The bankruptcy probability was computed on 06-11-2026 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 very low class on 30-06-2025, 0.1% 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).

Comparable companies, two years later

In July 2024, 1,448 companies had the same profile as Immo Shared Services has now. Each dot stands for 4 companies, two years later.

95.6%
were still trading
2.1%
stopped another way
2.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Immo Shared Services itself is lower: 0.2% within 12 months. It rests on far more data about Immo Shared Services than the profile alone.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 1,448 companies, not a prediction for Immo Shared Services. 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.

Credit verdict

Credit of up to €7,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.05 (1.03 in 2024), below the usual 1.5. Short-term debt is 95.3% and cash 3.3% of total assets. 95.4% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €79,310 (4.6% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 24-06-2026)
NBB · annual accounts
raises risk · 3 establishment units
KBO · seat and establishments
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 11289 sector peers (2025).
NBB · sector comparison
Position among 11289 sector peers
Solvency
better than 23%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €79,310
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 24-06-2026, 37 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
37 days early
2024
8 days early
2023
41 days early
2022
66 days early
2021
34 days early
2020
45 days early
2019
44 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed 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 24 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

A
Managing director, KRIJGSMAN Johan Willem Prosper
DG
Director, since 04-02-2026
Board & ownership

Recent changes

Company renamed from PROGRESA to Immo Shared Services Appointments: DE GROOTE Jonas (director) and ALFABET bv (managing director) · Permanent representative: KRIJGSMAN Johan Willem Prosper · “Het optreden als vastgoedmakelaar en het verlenen van advies, bijstand, consultancy en dienstverlening ter…” (deed in Dutch) · General meeting of 30-01-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0886187347
New establishment in Liège Quai du Roi-Albert 86
New establishment in Ghent Keizer Karelstraat 75
All 32 events

Comparable companies

same main activity, similar in size and age
Company
Immo Shared Services Sint-Niklaas €1.7m €45,423 4.6% -
IMMO DE WINNE Aalst €1.8m €60,307 48.9% -
TIENDESCHUURVELD Ghent €1.5m €58,416 39.9% -
WESTERLIES Nieuwpoort €2.0m €35,200 88.6% -
ImmoVF Sint-Gillis-Waas €1.5m €75,889 38.9% -
RENAISSANCE REAL ESTATE INVESTMENT Etterbeek €1.4m €39,130 53.5% -
VOIS Mont-Saint-Guibert €1.8m €52,881 12.9% -

These companies have the same main activity as Immo Shared Services: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €1.4m and €2m, founded between 2002 and 2009.

Official details

Source: KBO
Status
Active since 08-01-2007Normal situation
Registered office
19 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 7 November 2026.
Activity
Real estate agency activitiesNACE 68310
Establishment units
2.159.335.3119100 Sint-Niklaas, since 29-12-2006
2.356.458.9099000 Ghent, since 01-01-2024and 1 other
Financial year end
31 December
Peppol
Reachable since 06-03-2025
Company details

Annual accounts 2025

€1.7m▲ 4.4%
Filing
Filed on 24-06-2026, 37 days before the end of the filing period
Financials

Insights on Immo Shared Services

Immo Shared Services files the abbreviated format. That format states no turnover. The gross margin rose from -€29,234 in 2007 to €45,423 in 2025.

ERA BELGIUM holds all the shares. In February 2026, the Official Gazette published the appointment of Alfabet as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Immo Shared Services

What is the company number of Immo Shared Services?
The company number of Immo Shared Services is 0886.187.347. The VAT number is the same number with BE in front: BE 0886.187.347.
Where is Immo Shared Services based?
The registered office is at Grote Markt 6, 9100 Sint-Niklaas.Company details
What does Immo Shared Services do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of Immo Shared Services?
Immo Shared Services is a private limited company (BV).
When was Immo Shared Services founded?
Immo Shared Services was founded on 08-01-2007.
Is Immo Shared Services still active?
Yes, Immo Shared Services is an active enterprise in the KBO register.
How many employees does Immo Shared Services have?
Immo Shared Services had an average of 1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
What is the turnover of Immo Shared Services?
The turnover in financial year 2025 is ≈ €100,000. This figure is estimated from the gross margin of €45,423 and 33 comparable companies (NACE 683). It probably lies between €69,000 and €170,000.
Is Immo Shared Services profitable?
In financial year 2025, Immo Shared Services made a profit of €32,192.
Where can I find the annual accounts of Immo Shared Services?
Immo Shared Services filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Immo Shared Services due?
Immo Shared Services must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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