Equity
€2.7m ▲ 90.0%
Equity rose in 2025: capital increase.
EBITDA
Lifetime
10 annual accounts with figures on one time axispeak €1.2m (2024)
€157,209▼ 87.2%
lowest -€1.9m (2022)
€1.3m▲ 18.7%
peak €2.7m (2025)
€2.7m▲ 90.0%
€2.5m▲ 71.2%
Board3 names since 2016
2 directors499 SRL and 1 other
Documentsfilings and deeds
21-04-2026101 days before the deadline
2025financial year
Gross margin from €1.2m to €157,209Capital increase of €3,000,000 16-12Equity from €1.4m to €2.7mDebts from €1.5m to €2.5mInvestments €1.3m
Key points
from the 2025 annual accountsDebts
€2.5m ▲ 71.2%
Debts rose by €1.0m in 2025.
Investments
€1.3m 3.7 × depreciation
Green is investment, beige is depreciation.
Liquidity
7.59 was 2.97 in 2024
Short-term debts rose from €174,392 to €252,556.
Filings
10 annual accounts 4 late
The 2020 accounts came latest: 90 days after the end of the period.
Position in the sector
€1.3m
Higher net result than 92% of companies in real estate. Sector median €20,526 · 5,817 companies.
Checked score
97
Excellent
Financially stronger than 76% of small companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 6,995 companies (NACE 68, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.1%
01-2025: 1.1%● unchanged vs 12-2024
02-2025: 1.1%● unchanged vs 01-2025
03-2025: 1.3%▲ +0.2 percentage points vs 02-2025
04-2025: 1.4%▲ +0.1 percentage points vs 03-2025highest value
05-2025: 1.3%▼ -0.1 percentage points vs 04-2025
06-2025: 0.2%▼ -1.1 percentage points vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged 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: 0.3%▲ +0.1 percentage points vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.1%▼ -0.2 percentage points vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 7.59, cash €39,233
lowers risk
Size: total assets €5.2m
Figures for financial year 2025 (filed on 25-04-2026)
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, small). It does better than 69% of them on solvency, 64% on liquidity, 78% on profitability and 93% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 17,811 companies had the same profile as EBITDA has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of EBITDA itself: 0.1% 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.
| 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 17,811 companies, not a prediction for EBITDA. 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 €260,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.59 (2.97 in 2024), above the usual 1.5. Short-term debt is 4.9% and cash 0.8% of total assets. 48.2% 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
Six signals.
lowers riskraises riskneutral
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 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.7m
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 21-04-2026, 101 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
101 days early
2024
71 days early
2023
34 days early
2022
31 days late
2021
25 days late
2020
90 days late
2019
31 days late
← 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 4 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 28 June (4 of the last 5 accounts filed within 64 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
S
499 SRL
Director, since 31-10-2016
- TCM INVESTdeed of 16-12-2025
- 499deed of 16-12-2025
Shares in 3 companies, including BUCODIS and CNTRL
Board & ownershipRecent changes
Capital increase of €3,000,000
150,000 new shares · Contributions: TCM INVEST (€1,500,000); 499 (€1,500,000) · General meeting of 03-12-2025 · Gazette deed
Registered-office move
General meeting of 15-05-2024 · Gazette deed
Capital contribution of €3,000,000
Contributions: 499 (€1,500,000, 75,000 shares); TCM INVEST (€1,500,000, 75,000 shares) · Issue of 75,000 shares · “Toutes les activités se rapportant, directement ou indirectement, au domaine de l’informatique, des sites…” (deed in French) · General meeting of 06-12-2023 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0665578762
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| EBITDA Ixelles | €5.2m | €157,209 | 51.8% | - |
| IMMOTHEP Watermael-Boitsfort | €4.6m | €156,314 | -45.4% | - |
| TC IMMO Villers-la-Ville | €4.3m | €163,177 | 7.9% | - |
| JeBo Invest Bree | €5.0m | €185,918 | 30.2% | - |
| CoGiVa Groep Keerbergen | €4.7m | €146,698 | -32.1% | 0 |
| Promiris Demot La Hulpe | €6.6m | €148,278 | -31.8% | - |
| Icaresse Ostend | €4.5m | €107,493 | 40.3% | - |
These companies have the same main activity as EBITDA: buying and selling of own real estate (NACE 68110). They are comparable in size and age: total assets between €4.3m and €6.6m, founded between 2015 and 2017.
Official details
Source: KBO- Status
- Active since 27-10-2016Normal situation
- Registered office
- 230 active companies are registered at this address18 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Buying and selling of own real estateNACE 68110and 2 others
- Establishment unit
- 2.258.359.6411050 Ixelles, since 27-10-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 24-11-2023
Annual accounts 2025
- ≈ €340,000estimated
- €5.2m▲ 80.4%
- Filing
- Filed on 21-04-2026, 101 days before the end of the filing period
Companies linked to EBITDA
Subsidiaries and holdings
- I.M.B.T.100%
Insights on EBITDA
EBITDA has existed since 2016. In 2024 the gross margin rose from €6,691 to €1.2m.
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 EBITDA
- What is the company number of EBITDA?
- The company number of EBITDA is 0665.578.762. The VAT number is the same number with BE in front: BE 0665.578.762.
- Where is EBITDA based?
- The registered office is at Arnaud Fraiteurlaan 15-23, 1050 Ixelles.Company details
- What does EBITDA do?
- According to the KBO register, the main activity is buying and selling of own real estate (NACE 68110).
- What is the legal form of EBITDA?
- EBITDA is a private limited company (BV).
- When was EBITDA founded?
- EBITDA was founded on 27-10-2016.
- Is EBITDA still active?
- Yes, EBITDA is an active enterprise in the KBO register.
- What is the turnover of EBITDA?
- The turnover in financial year 2025 is ≈ €340,000. This figure is estimated from the gross margin of €157,209 and 33 comparable companies (NACE 681). It probably lies between €210,000 and €770,000.Financials
- Is EBITDA profitable?
- In financial year 2025, EBITDA made a profit of €1.3m.
- Where can I find the annual accounts of EBITDA?
- EBITDA filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of EBITDA due?
- EBITDA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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