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Realimmo Group

Active Private limited companyfounded 2016active for 10 yearsKerkstraat 12A, 8580 AvelgemKBO/BCE: BE 0647.730.267

Lifetime

10 annual accounts with figures on one time axis
peak €175,449 (2020)
€142,587▲ 14.4%
lowest -€563 (2022)
€10,859▼ 17.7%
peak €201,830 (2025)
€112,690▼ 44.2%
€123,874▲ 34.3%
peak 1.9 FTE (2026)
1.9 FTE▲ 11.8%
Board1 name since 2020
1 directorNicolas Balcaen
Owners
  
Documentsfilings and deeds
14-09-202647 days before the deadline
2026abbreviated format
Gross margin from €124,646 to €142,587Staff from 1.7 FTE to 1.9 FTEDividend €100,000Equity from €201,830 to €112,690Debts from €92,255 to €123,874Investments €35,859

Key points

from the 2026 annual accounts

Equity

€112,690 ▼ 44.2%
201,8302025+10,859Profit-100,000Dividend112,6902026

Realimmo Group paid out €100,000 in dividends. That is 921% of the 2026 profit.

Turnover

≈ €250,000 estimated

The abbreviated format states no turnover.

Investments

€37,169 4.3 × depreciation
20222023202420252026

Green is investment, beige is depreciation.

Checked score

88
Excellent
Financially stronger than 55% 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 26,625 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% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.2%▲ +0.1 percentage points 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: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged 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 09-2026highest value 11-2026: 0.2%● unchanged vs 10-2026highest value

Financial strength
Strong

73-21equity 47.6% of total assets
65-5short-term debt 46.4% · cash 30.4%
74+2return on assets 4.6%

Score breakdown

raises risk
1 change of registered office in 24 months
lowers risk
Liquidity: current ratio 1.33, cash €71,936
Equity €112,690 (47.6% of total assets)
Sector: Real estate activities (NACE 68)
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 63% of them on solvency, 76% on liquidity, 69% on profitability and 13% on growth.

The bankruptcy probability was computed on 08-11-2026 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 31-03-2026.

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, 10,904 companies had the same profile as Realimmo Group has now. Each dot stands for 28 companies, two years later.

95.2%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of Realimmo Group itself: 0.2% within 12 months.

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 10,904 companies, not a prediction for Realimmo Group. 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 €9,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.33 (2.5 in 2025), below the usual 1.5. Short-term debt is 46.4% and cash 30.4% of total assets. 52.4% of the assets are financed with debt and provisions.

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
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.33, cash €71,936
NBB · annual accounts
lowers risk · Equity €112,690 (47.6% of total assets)
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 14-09-2026, 47 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
47 days early
2025
45 days early
2024
114 days early
2023
5 days early
2022
24 days late
2021
29 days late
2020
3 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 23 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 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 16 September (5 of the last 5 accounts filed within 69 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

NB
Director, since 21-12-2020

Shares in 1 company, REALIMMO GROUP WAREGEM

Board & ownership

Recent changes

Registered office moved within Avelgem New registered office: Kerkstraat 12A, 8580 Avelgem · Previous registered office: Oudenaardsesteenweg 62/1, 8580 Avelgem · Board meeting of 20-11-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0647730267
Resignation: Nicolas Balcaen (manager) Reappointment: Nicolas Balcaen (director) · Director discharge: Nicolas Balcaen · General meeting of 21-12-2020 · Gazette deed
Incorporation published on 04-02-2016 · Gazette deed
All 21 events

Comparable companies

same main activity, similar in size and age
Company
Realimmo Group Avelgem €236,564 €142,587 47.6% 1.9
CTymmo Uccle €190,545 €169,825 31.4% 1.6
BCJ Molenbeek-Saint-Jean €208,538 €181,658 5.1% 2.2
SYNDX VLAANDEREN Ghent €216,092 €135,489 47.2% 1.8
PROPERTY CONSULTING GROUP Jette €313,191 €240,627 16.5% 2.3
Industrieel Wonen Harelbeke €256,526 €89,252 94.1% 1
SOGESMAINT Watermael-Boitsfort €121,068 €107,844 -31.8% 1

These companies have the same main activity as Realimmo Group: property management for co-owned buildings (syndics) (NACE 68321). They are comparable in size and age: total assets between €121,000 and €313,000, founded between 2012 and 2016.

Official details

Source: KBO
Status
Active since 02-02-2016Normal situation
Activity
Property management for co-owned buildings (syndics)NACE 68321and 1 other
Establishment unit
2.250.855.4058580 Avelgem, since 02-02-2016
Financial year end
31 March
Peppol
Reachable since 31-10-2023
Company details

Annual accounts to 31-03-2026

€236,564▼ 19.6%
Employeeson 31-03-2026
2=
Filing
Filed on 14-09-2026, 47 days before the end of the filing period
Financials

Insights on Realimmo Group

Realimmo Group files the abbreviated format. That format states no turnover. The gross margin rose from €19,390 in 2017 to €142,587 in 2026.

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 Realimmo Group

What is the company number of Realimmo Group?
The company number of Realimmo Group is 0647.730.267. The VAT number is the same number with BE in front: BE 0647.730.267.
Where is Realimmo Group based?
The registered office is at Kerkstraat 12A, 8580 Avelgem.Company details
What does Realimmo Group do?
According to the KBO register, the main activity is property management for co-owned buildings (syndics) (NACE 68321).
What is the legal form of Realimmo Group?
Realimmo Group is a private limited company (BV).
When was Realimmo Group founded?
Realimmo Group was founded on 02-02-2016.
Is Realimmo Group still active?
Yes, Realimmo Group is an active enterprise in the KBO register.
How many employees does Realimmo Group have?
Realimmo Group had an average of 1.9 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of Realimmo Group?
The turnover in financial year 2026 is ≈ €250,000. This figure is estimated from the gross margin of €142,587 and 38 comparable companies (NACE 683). It probably lies between €200,000 and €360,000.
Is Realimmo Group profitable?
In financial year 2026, Realimmo Group made a profit of €10,859.
Where can I find the annual accounts of Realimmo Group?
Realimmo Group filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Realimmo Group due?
Realimmo Group must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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