C-IMMO
ActiveSummary
C-IMMO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-335k) and a net result of €46k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability41▼-7
Solvency14=
Growth72=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.38 against 0.51 in 2024; short-term debt: 7.3% and cash: 1.6% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 9234 sector peers (2025).
NBB · sector comparisonPosition among 9234 sector peers
Solvency
better than 10%
← weakest
strongest →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
29 d early
2023
30 d early
2022
26 d early
2021
13 d early
2020
22 d early
2019
69 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, abbreviated schema
Turnover
€221k▲ 54.7%
2021 · €143k
2018: €68klowest in 5 years
2019: €112k▲ +64.0% vs 2018
2020: €142k▲ +26.6% vs 2019
2021: €143k▲ +1.2% vs 2020
2022: €221k▲ +54.7% vs 2021highest in 5 years
2018 → 2022
EBIT margin
361.6%▲ 380.7pp
2021 · -19.2%
2018: -60.6%
2019: -48.7%▲ +19.7% vs 2018
2020: -473.5%▼ -872% vs 2019lowest in 5 years
2021: -19.2%▲ +96.0% vs 2020
2022: 361.6%▲ +1987% vs 2021highest in 5 years
2018 → 2022
Net result
€46k▼ 64.1%
2024 · €129k
2018: €-81k
2019: €-171k▼ -111% vs 2018
2020: €-804k▼ -371% vs 2019lowest in 8 years
2021: €-170k▲ +78.8% vs 2020
2022: €632k▲ +472% vs 2021highest in 8 years
2023: €120k▼ -81.0% vs 2022
2024: €129k▲ +6.9% vs 2023
2025: €46k▼ -64.1% vs 2024
2018 → 2025
Working capital
€-143k▼ 9.4%
2024 · €-131k
2018: €-67k
2019: €49k▲ +174% vs 2018
2020: €97k▲ +95.5% vs 2019
2021: €124k▲ +28.0% vs 2020highest in 8 years
2022: €97k▼ -21.6% vs 2021
2023: €-145k▼ -250% vs 2022lowest in 8 years
2024: €-131k▲ +9.7% vs 2023
2025: €-143k▼ -9.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€143k-€221k▲ 54.7%
2021: €143k
2022: €221k▲ +54.7% vs 2021
Equity€-1.26M-€-630k▲ 50.1%€-510k▲ 19.1%€-382k▲ 25.2%€-335k▲ 12.1%
2021: €-1.26Mlowest in 5 years
2022: €-630k▲ +50.1% vs 2021
2023: €-510k▲ +19.1% vs 2022
2024: €-382k▲ +25.2% vs 2023
2025: €-335k▲ +12.1% vs 2024highest in 5 years
Operating result€-27k-€801k€249k▼ 68.9%€276k▲ 10.6%€185k▼ 32.8%
2021: €-27klowest in 5 years
2022: €801k▲ +3019% vs 2021highest in 5 years
2023: €249k▼ -68.9% vs 2022
2024: €276k▲ +10.6% vs 2023
2025: €185k▼ -32.8% vs 2024
Net result€-170k-€632k€120k▼ 81.0%€129k▲ 6.9%€46k▼ 64.1%
2021: €-170klowest in 5 years
2022: €632k▲ +472% vs 2021highest in 5 years
2023: €120k▼ -81.0% vs 2022
2024: €129k▲ +6.9% vs 2023
2025: €46k▼ -64.1% vs 2024
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 33% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.15M
Fixed assets
€3.06M ▼ 5.0%
Current assets
€88k ▼ 35.6%
Key figures and ratios
EBITDA
€347k▼
2024 · €434k
Cash flow
€208k▼
2024 · €287k
Solvency
-10.7%▲
2024 · -11.4%
Current ratio
0.38▼
2024 · 0.51
Debt to equity
-10.38▼
2024 · -9.80
ROA
1.5%▼
2024 · 3.8%
Interest coverage
2.50▼
2024 · 2.95
Debt
€3.48M▼
2024 · €3.74M
Debt ≤ 1 year
€231k▼
2024 · €267k
Debt > 1 year
€3.22M▼
2024 · €3.44M
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.36M€3.15M▼
Fixed assets21/28€3.22M€3.06M▼
Tangible fixed assets22/27€3.22M€3.06M▼
Land and buildings22€3.22M€3.06M▼
Current assets29/58€136k€88k▼
Amounts receivable within one year40/41€44k€36k▼
Trade receivables40€34k€33k▼
Other amounts receivable41€9k€3k▼
Cash at bank and in hand54/58€92k€52k▼
Equity and liabilities
Total equity and liabilities10/49€3.36M€3.15M▼
Equity10/15€-382k€-335k▲
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-400k€-354k▲
Amounts payable17/49€3.74M€3.48M▼
Amounts payable after more than one year17€3.44M€3.22M▼
Financial debts170/4€3.43M€3.21M▼
Other amounts payable178/9€9k€9k=
Amounts payable within one year42/48€267k€231k▼
Current portion of amounts payable after more than one year42€214k€223k▲
Trade debts44€41k€32▼
Suppliers440/4€39k€22▼
Bills of exchange payable441€3k€10▼
Taxes, remuneration and social security45€11k€8k▼
Taxes450/3€11k€8k▼
Accrued charges and deferred income492/3€32k€34k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€159k€162k▲
Other operating charges640/8€38k€36k▼
Gross operating margin9900€472k€383k▼
Operating profit (loss)9901€276k€185k▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€147k€139k▼
Recurring financial charges65€147k€139k▼
Profit (loss) for the period before taxes9903€129k€46k▼
Profit (loss) for the period9904€129k€46k▼
Profit (loss) for the period to be appropriated9905€129k€46k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-400k€-354k▲
Profit (loss) brought forward from the previous period14P€-529k€-400k▲
The notes to these accounts (12 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 | €237k | €1.11M | - | - | - | - |
| Turnover70 | €143k | €221k | - | - | - | - |
| Other operating income74 | €94k | €163k | - | - | - | - |
| Non-recurring operating income76A | - | €725k | - | - | - | - |
| Operating charges60/66A | €264k | €309k | - | - | - | - |
| Services and other goods61 | €65k | €61k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €155k | €156k | €156k | €159k | €162k | ▲ 2.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €61k | - | - | - | - |
| Other operating charges640/8 | €44k | €31k | €33k | €38k | €36k | ▼ 5.6% |
| Gross operating margin9900 | - | - | €439k | €472k | €383k | ▼ 18.9% |
| Operating profit (loss)9901 | €-27k | €801k | €249k | €276k | €185k | ▼ 32.8% |
| Financial income75/76B | €0 | - | - | €0 | - | - |
| Recurring financial income75 | €0 | - | - | €0 | - | - |
| Other financial income752/9 | €0 | - | - | - | - | - |
| Financial charges65/66B | €143k | €168k | €129k | €147k | €139k | ▼ 5.6% |
| Recurring financial charges65 | €143k | €168k | €129k | €147k | €139k | ▼ 5.6% |
| Debt charges650 | €142k | €168k | - | - | - | - |
| Other financial charges652/9 | €323 | €326 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €-170k | €632k | €120k | €129k | €46k | ▼ 64.1% |
| Profit (loss) for the period9904 | €-170k | €632k | €120k | €129k | €46k | ▼ 64.1% |
| Profit (loss) for the period to be appropriated9905 | €-170k | €632k | €120k | €129k | €46k | ▼ 64.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.32M | €3.61M | €3.41M | €3.36M | €3.15M | ▼ 6.3% |
| Fixed assets21/28 | €4.16M | €3.48M | €3.32M | €3.22M | €3.06M | ▼ 5.0% |
| Tangible fixed assets22/27 | €3.63M | €3.48M | €3.32M | €3.22M | €3.06M | ▼ 5.0% |
| Land and buildings22 | €3.63M | €3.48M | €3.32M | €3.22M | €3.06M | ▼ 5.0% |
| Financial fixed assets28 | €529k | - | - | - | - | - |
| Other financial fixed assets284/8 | €529k | - | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | €529k | - | - | - | - | - |
| Current assets29/58 | €160k | €127k | €89k | €136k | €88k | ▼ 35.6% |
| Amounts receivable within one year40/41 | €25k | €974 | €34k | €44k | €36k | ▼ 18.6% |
| Trade receivables40 | €25k | €974 | €32k | €34k | €33k | ▼ 4.0% |
| Other amounts receivable41 | - | - | €2k | €9k | €3k | ▼ 71.5% |
| Cash at bank and in hand54/58 | €134k | €126k | €25k | €92k | €52k | ▼ 43.6% |
| Deferred charges and accrued income490/1 | - | - | €30k | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.32M | €3.61M | €3.41M | €3.36M | €3.15M | ▼ 6.3% |
| Equity10/15 | €-1.26M | €-630k | €-510k | €-382k | €-335k | ▲ 12.1% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-1.28M | €-649k | €-529k | €-400k | €-354k | ▲ 11.5% |
| Provisions and deferred taxes16 | €568k | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €568k | - | - | - | - | - |
| Major repairs and maintenance162 | €568k | - | - | - | - | - |
| Amounts payable17/49 | €5.01M | €4.24M | €3.92M | €3.74M | €3.48M | ▼ 6.9% |
| Amounts payable after more than one year17 | €4.98M | €4.21M | €3.65M | €3.44M | €3.22M | ▼ 6.5% |
| Financial debts170/4 | - | - | €3.64M | €3.43M | €3.21M | ▼ 6.5% |
| Other amounts payable178/9 | €4.98M | €4.21M | €9k | €9k | €9k | = |
| Amounts payable within one year42/48 | €36k | €30k | €234k | €267k | €231k | ▼ 13.5% |
| Current portion of amounts payable after more than one year42 | - | - | €206k | €214k | €223k | ▲ 4.0% |
| Trade debts44 | €33k | €27k | €3k | €41k | €32 | ▼ 99.9% |
| Suppliers440/4 | €33k | €27k | €1k | €39k | €22 | ▼ 99.9% |
| Bills of exchange payable441 | - | - | €2k | €3k | €10 | ▼ 99.6% |
| Taxes, remuneration and social security45 | €3k | €3k | €9k | €11k | €8k | ▼ 27.4% |
| Taxes450/3 | €3k | €3k | €9k | €11k | €8k | ▼ 27.4% |
| Other amounts payable47/48 | - | - | €16k | - | - | - |
| Accrued charges and deferred income492/3 | - | - | €35k | €32k | €34k | ▲ 7.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-170k | €632k | €120k | €129k | €46k | ▼ 64.1% |
| + Depreciation and write-downs630 | €155k | €156k | €156k | €159k | €162k | ▲ 2.1% |
| Operating cash flow (approximation) | €-15k | €788k | €277k | €287k | €208k | ▼ 27.5% |
| Investment in fixed assets (approximation) | - | €523k | €0 | €-55k | €0 | ▲ 100% |
| Change in cash | - | €-8k | €-101k | €67k | €-40k | ▼ 160% |
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
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
31-12
Financial
Back to profitnet €632k
Net result €632k after 4 loss-making years.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · unclassified schema
2021
31-12
Financial
Liquidity triplescurrent ratio 4.44
Current ratio from 1.53 to 4.44; short-term debt falls from €183k to €36k.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema
2020
31-12
Financial
Weakest financial yearnet €-804k
Net result drops to €-804k, the lowest in the series; recovery starts the following year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 69 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 1.42
Current ratio from 0.71 to 1.42; short-term debt falls from €229k to €117k.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 14 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 57 days late
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Erpe-Mere · 1 establishment unit since 2016
Ground area
2.1 ha
Building footprint
1.3 ha
Volume, LiDAR
85,447 m³
2 parcels, Flanders, Wallonia · tallest building 10.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
C-IMMO
since 20162.256.457.055
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41015B0773/00V000 | Flanders | 1.3 ha | 1 · 1.1 ha | 9.4 m · 2 fl. |
| 52028B0299/04G000 | Wallonia | 7,777 m² | 1 · 1,849 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector and region
ESTERO
BE 0540.978.403
Erpe-Mere
IMMO SCHOOFS
BE 0433.232.979
Erpe-Mere
Jumalo
BE 0465.024.037
Erpe-Mere
M & L GROUP
BE 0458.296.096
Erpe-Mere
MBK-INVEST
BE 0861.938.832
Erpe-Mere
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.