IMMOBEL URBAN LIVING
ActiveSummary
The computed 12-month bankruptcy probability of IMMOBEL URBAN LIVING is 2.0% (moderate). The 2025 annual accounts show negative equity (€-2.37M) and a net result of €-644k. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability31▲+2
Solvency16▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
short-term debt: 0% of total assets, and equity is negative.
Credit check for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-9.3%
Return on assets
-2.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-2.37M
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 13-07-2026, 18 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
18 d early
2024
35 d early
2023
30 d early
2022
41 d early
2021
12 d early
2020
1 d early
2019
66 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-644k▲ 29.4%
2024 · €-912k
2019: €-191k
2020: €-138k▲ +27.7% vs 2019
2021: €376k▲ +373% vs 2020highest in 7 years
2022: €40k▼ -89.3% vs 2021
2023: €-965k▼ -2489% vs 2022lowest in 7 years
2024: €-912k▲ +5.5% vs 2023
2025: €-644k▲ +29.4% vs 2024
2019 → 2025
Working capital
€6.00M▲ 1.3%
2024 · €5.92M
2019: €-7.78M
2020: €-25.00M▼ -221% vs 2019
2021: €-25.65M▼ -2.6% vs 2020lowest in 7 years
2022: €7.88M▲ +131% vs 2021highest in 7 years
2023: €5.96M▼ -24.4% vs 2022
2024: €5.92M▼ -0.7% vs 2023
2025: €6.00M▲ +1.3% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€109k-€149k▲ 37.2%€-816k€-1.73M▼ 112%€-2.37M▼ 37.2%
2021: €109k
2022: €149k▲ +37.2% vs 2021highest in 5 years
2023: €-816k▼ -648% vs 2022
2024: €-1.73M▼ -112% vs 2023
2025: €-2.37M▼ -37.2% vs 2024lowest in 5 years
Operating result€-225k-€-4k▲ 98.1%€-6k▼ 46.6%€250k€313k▲ 25.0%
2021: €-225klowest in 5 years
2022: €-4k▲ +98.1% vs 2021
2023: €-6k▼ -46.6% vs 2022
2024: €250k▲ +4183% vs 2023
2025: €313k▲ +25.0% vs 2024highest in 5 years
Net result€376k-€40k▼ 89.3%€-965k€-912k▲ 5.5%€-644k▲ 29.4%
2021: €376khighest in 5 years
2022: €40k▼ -89.3% vs 2021
2023: €-965k▼ -2489% vs 2022lowest in 5 years
2024: €-912k▲ +5.5% vs 2023
2025: €-644k▲ +29.4% vs 2024
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 25% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25.53M
Fixed assets
€19.52M ▼ 5.4%
Current assets
€6.00M ▲ 1.3%
Key figures and ratios
Solvency
-9.3%▼
2024 · -6.5%
Debt to equity
-11.76▲
2024 · -16.37
ROA
-2.5%▲
2024 · -3.4%
Debt
€27.90M▼
2024 · €28.29M
Debt ≤ 1 year
€3k▼
2024 · €3k
Debt > 1 year
€27.90M▼
2024 · €28.29M
Income taxes
€0▲
2024 · €-2k
A ratio outside any meaningful range has been withheld (balance sheet total €25.53M, equity €-2.37M).
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 · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€26.56M€25.53M▼
Fixed assets21/28€20.64M€19.52M▼
Financial fixed assets28€20.64M€19.52M▼
Affiliated companies280/1€20.64M€19.52M▼
Participating interests280€4.67M€6.65M▲
Amounts receivable281€15.97M€12.87M▼
Current assets29/58€5.92M€6.00M▲
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€5.92M€6.00M▲
Other amounts receivable41€5.92M€6.00M▲
Equity and liabilities
Total equity and liabilities10/49€26.56M€25.53M▼
Equity10/15€-1.73M€-2.37M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€4k€4k=
Non-distributable reserves130/1€4k€4k=
Legal reserve130€4k€4k=
Profit (loss) carried forward14€-1.79M€-2.44M▼
Amounts payable17/49€28.29M€27.90M▼
Amounts payable after more than one year17€28.29M€27.90M▼
Other amounts payable178/9€28.29M€27.90M▼
Amounts payable within one year42/48€3k€3k▼
Trade debts44€3k€3k▼
Suppliers440/4€3k€3k▼
Income statement
Code20242025
Operating income70/76A€254k€318k▲
Non-recurring operating income76A€254k€318k▲
Operating charges60/66A€4k€6k▲
Services and other goods61€4k€4k▼
Other operating charges640/8€0€2k▲
Operating profit (loss)9901€250k€313k▲
Financial income75/76B€610k€512k▼
Recurring financial income75€610k€512k▼
Income from financial fixed assets750€0-
Income from current assets751€610k€512k▼
Financial charges65/66B€1.77M€1.47M▼
Recurring financial charges65€1.77M€1.47M▼
Debt charges650€1.77M€1.47M▼
Other financial charges652/9€417€476▲
Profit (loss) for the period before taxes9903€-914k€-644k▲
Income taxes67/77€-2k€0▲
Taxes670/3€0-
Tax adjustments and reversals of tax provisions77€2k€0▼
Profit (loss) for the period9904€-912k€-644k▲
Profit (loss) for the period to be appropriated9905€-912k€-644k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.79M€-2.44M▼
Profit (loss) brought forward from the previous period14P€-882k€-1.79M▼
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €254k | €318k | ▲ 25.4% |
| Non-recurring operating income76A | - | - | - | €254k | €318k | ▲ 25.4% |
| Operating charges60/66A | €225k | €4k | €6k | €4k | €6k | ▲ 53.7% |
| Goods for resale, raw materials and consumables60 | - | €2k | €0 | - | - | - |
| Purchases600/8 | - | €2k | €0 | - | - | - |
| Services and other goods61 | €224k | €2k | €4k | €4k | €4k | ▼ 1.2% |
| Other operating charges640/8 | €868 | €0 | €2k | €0 | €2k | - |
| Operating profit (loss)9901 | €-225k | €-4k | €-6k | €250k | €313k | ▲ 25.0% |
| Financial income75/76B | €1.25M | €823k | €780k | €610k | €512k | ▼ 16.1% |
| Recurring financial income75 | €1.25M | €823k | €780k | €610k | €512k | ▼ 16.1% |
| Income from financial fixed assets750 | €1.25M | €823k | €13k | €0 | - | - |
| Income from current assets751 | €0 | - | €767k | €610k | €512k | ▼ 16.1% |
| Financial charges65/66B | €574k | €765k | €1.78M | €1.77M | €1.47M | ▼ 17.3% |
| Recurring financial charges65 | €574k | €765k | €1.78M | €1.77M | €1.47M | ▼ 17.3% |
| Debt charges650 | €573k | €762k | €1.78M | €1.77M | €1.47M | ▼ 17.3% |
| Other financial charges652/9 | €750 | €3k | €387 | €417 | €476 | ▲ 14.1% |
| Profit (loss) for the period before taxes9903 | €455k | €54k | €-1.01M | €-914k | €-644k | ▲ 29.6% |
| Income taxes67/77 | €79k | €13k | €-44k | €-2k | €0 | ▲ 100% |
| Taxes670/3 | €79k | €13k | €2k | €0 | - | - |
| Tax adjustments and reversals of tax provisions77 | - | - | €46k | €2k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €376k | €40k | €-965k | €-912k | €-644k | ▲ 29.4% |
| Profit (loss) for the period to be appropriated9905 | €376k | €40k | €-965k | €-912k | €-644k | ▲ 29.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €33.42M | €34.39M | €30.61M | €26.56M | €25.53M | ▼ 3.9% |
| Fixed assets21/28 | €25.76M | €26.45M | €24.64M | €20.64M | €19.52M | ▼ 5.4% |
| Financial fixed assets28 | €25.76M | €26.45M | €24.64M | €20.64M | €19.52M | ▼ 5.4% |
| Affiliated companies280/1 | €25.76M | €26.45M | €24.64M | €20.64M | €19.52M | ▼ 5.4% |
| Participating interests280 | €4.67M | €4.67M | €4.67M | €4.67M | €6.65M | ▲ 42.4% |
| Amounts receivable281 | €21.09M | €21.77M | €19.97M | €15.97M | €12.87M | ▼ 19.4% |
| Current assets29/58 | €7.66M | €7.94M | €5.96M | €5.92M | €6.00M | ▲ 1.3% |
| Stocks and contracts in progress3 | €0 | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €6.66M | €6.98M | €5.96M | €5.92M | €6.00M | ▲ 1.3% |
| Other amounts receivable41 | €6.66M | €6.98M | €5.96M | €5.92M | €6.00M | ▲ 1.3% |
| Cash at bank and in hand54/58 | €1.00M | €958k | €0 | - | - | - |
| Deferred charges and accrued income490/1 | €0 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €33.42M | €34.39M | €30.61M | €26.56M | €25.53M | ▼ 3.9% |
| Equity10/15 | €109k | €149k | €-816k | €-1.73M | €-2.37M | ▼ 37.2% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €2k | €4k | €4k | €4k | €4k | = |
| Non-distributable reserves130/1 | €2k | €4k | €4k | €4k | €4k | = |
| Legal reserve130 | €2k | €4k | €4k | €4k | €4k | = |
| Profit (loss) carried forward14 | €45k | €83k | €-882k | €-1.79M | €-2.44M | ▼ 35.9% |
| Amounts payable17/49 | €33.31M | €34.24M | €31.42M | €28.29M | €27.90M | ▼ 1.4% |
| Amounts payable after more than one year17 | - | €34.18M | €31.42M | €28.29M | €27.90M | ▼ 1.4% |
| Other amounts payable178/9 | - | €34.18M | €31.42M | €28.29M | €27.90M | ▼ 1.4% |
| Amounts payable within one year42/48 | €33.31M | €61k | €4k | €3k | €3k | ▼ 4.3% |
| Trade debts44 | €3k | €3k | €4k | €3k | €3k | ▼ 4.3% |
| Suppliers440/4 | €3k | €3k | €4k | €3k | €3k | ▼ 4.3% |
| Taxes, remuneration and social security45 | €79k | €58k | €0 | - | - | - |
| Taxes450/3 | €79k | €58k | €0 | - | - | - |
| Other amounts payable47/48 | €33.23M | €0 | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €376k | €40k | €-965k | €-912k | €-644k | ▲ 29.4% |
| Operating cash flow (approximation) | €376k | €40k | €-965k | €-912k | €-644k | ▲ 29.4% |
| Investment in fixed assets (approximation) | - | €-686k | €1.80M | €4.00M | €1.12M | ▼ 72.1% |
| Change in cash | - | €-43k | €-958k | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
14-09
State Gazette act
Permanent representatives: Karel Breda, Adel YAHIA and Alfred GalleResignation: Adel Yahia Consult BV (director) · Appointments: AG Investment Management BV, Frederic Poesen and Jonas Nachtergaele · Reappointment: KB Financial Services BV (director)11 facts ▸
State Gazette act
Permanent representatives: Karel Breda, Adel YAHIA and Alfred Galle
Resignation: Adel Yahia Consult BV (director) · Appointments: AG Investment Management BV, Frederic Poesen and Jonas Nachtergaele · Reappointment: KB Financial Services BV (director)11 facts ▸
- General meeting, 24-06-2026
- Permanent representative, Karel Breda (permanent representative)
- Director resignation, Adel Yahia Consult BV (director)
- Permanent representative, Adel YAHIA (permanent representative)
- Director discharge, Adel Yahia Consult BV
- Director appointment, AG Investment Management BV (director)
- Permanent representative, Alfred Galle (permanent representative)
- Auditor appointment, Frederic Poesen (vaste vertegenwoordiger van de commissaris)
- Auditor appointment, Jonas Nachtergaele (vaste vertegenwoordiger van de commissaris)
- Power of attorney, B-docs BV
- Director reappointment, KB Financial Services BV (director)
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-965k
Net result drops to €-965k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 12current ratio 1530.35
Current ratio from 130.12 to 1530.35; short-term debt falls from €61k to €4k.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Liquidity times 566current ratio 130.12
Current ratio from 0.23 to 130.12; short-term debt falls from €33.31M to €61k.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €376k
Net result €376k after 2 loss-making years.
31-12
Financial
Equity above €100kEq €109k
Equity rises from €-268k to €109k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 66 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 11 acts read
About the unread acts
Of the 11 Belgian State Gazette acts we know for this company, 1 has been read. The other 10 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 directors, last change in 2026
AG Investment Management
CurrentDirector · since 01-07-2026 · Private limited company · perm. rep.: Alfred Galle
KB Financial Services BV
CurrentDirector · since 24-06-2026 · Legal entity · perm. rep.: Karel Breda
01-10-2026
Jonas Nachtergaele: Auditor of as Vaste vertegenwoordiger van de commissaris
31-07-2026
Frederic Poesen: Auditor of as Vaste vertegenwoordiger van de commissaris
01-07-2026
AG Investment Management: Appointed as Director
01-07-2026
ADEL YAHIA CONSULT: Resigned as Director
24-06-2026
KB Financial Services BV: Mandate renewed as Director
Not every act has been read: a resignation may be missing here
10 of this company's 11 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, Brussel
Ground area
6,482 m²
Building footprint
4,827 m²
Volume, LiDAR
188,668 m³
Parcel 21812N1468/00B000, Brussels · tallest building 74.9 m, ±8 floors. Linked by address, not a title deed.
105
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21812N1468/00B000 | Brussels | 6,482 m² | 1 · 4,827 m² | 74.9 m · 8 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.
Structure & network
Connections & network
10 connected companiesThis company
Company
Director
Shareholding
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Identification & contact
Identification
Legal formPublic limited company
Founded03-05-2018
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.