Equity
Equity fell by 43% in 10 years.
Equity fell by 43% in 10 years.
Ten of the last ten came late. The 2023 accounts came latest: 119 days after the end of the period.
Higher solvency than 95% of companies in real estate. Sector median 31.0% · 19,803 companies.
In July 2024, 14,769 companies had the same profile as XIMMO has now. Each dot stands for 37 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 14,769 companies, not a prediction for XIMMO. 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.
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.
| Company | ||||
|---|---|---|---|---|
| XIMMO Nazareth-De Pinte | €719,385 | -€7,019 | 99.1% | - |
| IMMINVEST Berlare | €682,533 | -€2,259 | 20.4% | - |
| BXL - IMMO Berchem-Sainte-Agathe | €700,229 | -€4,221 | 25.8% | - |
| RENTIMMO De Haan | €722,434 | -€13,323 | 99.9% | - |
| COMPAGNIE MICHEL FRANCOIS Sint-Gillis (bij-Brussel) | €864,633 | -€20,024 | 99.4% | - |
| RIANO Ixelles | €586,274 | -€28,198 | -11.9% | - |
| CAPITOL Mortsel | €632,124 | -€136,115 | -28.8% | - |
These companies have the same main activity as XIMMO: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €586,000 and €865,000, founded between 1985 and 1989.
XIMMO files the micro format. That format states no turnover. The gross margin fell from €177,026 in 2006 to -€7,019 in 2025.
The balance sheet grew most from 2012 to 2014 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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