F² IMMO
The computed 12-month bankruptcy probability of F² IMMO is 1.7% (moderate). The 2025 annual accounts show equity of €381k and a net result of €41k. Equity remains stable across the filed fiscal years (±2% per year). Its solvency ranks better than 58% of 109 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €381k |
| Net result | €41k |
| Better than sector | 58% |
| Active | 7 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 33.2% | 25.5% | |
| Net result | €41k | €20k | |
| Equity | €381k | €76k | |
| Gross operating margin | €136k | €79k | |
| Total assets | €1.15M | €311k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | abbreviated schema | full schema | full schema | full schema |
| Revenue | - | - | - | - |
| EBITDA | €128k | €135k | €125k | €118k |
| Net profit | €41k | €45k | €39k | €26k |
| Cash flow | €93k | €97k | €92k | €91k |
| Staff costs | - | - | - | - |
| Income taxes | €19k | €21k | €19k | €13k |
| Dividends | - | €99k | €42k | - |
| Total assets | €1.15M | €1.20M | €1.22M | €1.30M |
| Equity | €381k | €342k | €398k | €402k |
| Debt | €759k | €847k | €816k | €892k |
| of which ≤ 1y | €204k | €213k | €106k | €106k |
| of which > 1y | €555k | €634k | €710k | €786k |
| Working capital | €-126k | €-138k | €-58k | €-30k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.38 | 0.35 | 0.45 | 0.72 |
| Quick ratio | 0.38 | 0.35 | 0.45 | 0.72 |
| Working capital ratio | -11.0% | -11.5% | -4.8% | -2.3% |
| Solvency | 33.2% | 28.5% | 32.5% | 30.8% |
| Debt / equity | 1.99 | 2.48 | 2.05 | 2.22 |
| Long-term debt ratio | 1.46 | 1.85 | 1.79 | 1.95 |
| Interest coverage | 7.12 | 7.00 | 7.78 | 7.02 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 3.6% | 3.7% | 3.2% | 2.0% |
| ROE | 10.7% | 13.1% | 9.8% | 6.5% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €1.15M | €1.20M | €1.22M | €1.30M |
| Fixed assets | 21/28 | €1.07M | €1.12M | €1.18M | €1.23M |
| Tangible fixed assets | 22/27 | €1.07M | €1.12M | €1.18M | €1.23M |
| Current assets | 29/58 | €78k | €75k | €47k | €76k |
| Amounts receivable within one year | 40/41 | €14k | €8k | €5k | €13k |
| Cash & bank | 54/58 | €58k | €67k | €42k | €63k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.15M | €1.20M | €1.22M | €1.30M |
| Equity | 10/15 | €381k | €342k | €398k | €402k |
| Contributions / capital | 10/11 | €32k | €32k | €32k | €32k |
| Reserves | 13 | €309k | €268k | €322k | €325k |
| Accumulated profits (losses) | 14 | €14k | €14k | €14k | €14k |
| Provisions & deferred taxes | 16 | €9k | €9k | €10k | €10k |
| Amounts payable | 17/49 | €759k | €847k | €816k | €892k |
| Amounts payable after one year | 17 | €555k | €634k | €710k | €786k |
| Amounts payable within one year | 42/48 | €204k | €213k | €106k | €106k |
| Trade debts payable within one year | 44 | €13k | €20k | €6k | €18k |
| Income statement | |||||
| Gross operating margin | 9900 | €136k | €143k | €132k | €125k |
| Operating result | 9901 | €76k | €83k | €72k | €53k |
| Financial income | 75 | €2k | €2k | €2k | €2k |
| Financial charges | 65 | €18k | €19k | €16k | €17k |
| Result before taxes | 9903 | €59k | €65k | €57k | €38k |
| Income taxes | 67/77 | €19k | €21k | €19k | €13k |
| Net result for the period | 9904 | €41k | €45k | €39k | €26k |
| Result to be appropriated | 9905 | €41k | €45k | €39k | €26k |
| NACE primary | General construction of residential buildings(41001) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 04-02-2019 |
| Status | Active |
| Postal code | 1380 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25744D0152/00N000 | Wallonia | 1,369 m² | 1 · 227 m² | 14.8 m · 4 fl. |
31-08
State Gazette act
Board meeting · Registered-office moveBoard meeting · Registered-office move2 facts ▸
- Board meeting, 2026-08-13
- Registered-office move, Avenue du Japon 14 à 1420 Braine L'Alleud
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
31-08-2026 Act object · Board meeting · Seat change · Filing representative
- Act object: Changement de siège social · F² Immo
- Publication: 2026-08-31 · F² Immo
- Filing: 2026-08-20 · F² Immo
- Board meeting: 2026-08-13 · F² Immo
- Seat change: to: Avenue du Japon 14 à 1420 Braine L'Alleud, from: Chemin de la Maison du Roi 34, boite D, 1380 Lasne, effective_date: 2026-08-25 · F² Immo
- Filing representative: Publication au Moniteur Belge de la présente décision du 13 août 2026 · Fiscalys
Technical details
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}| Legal nameFR | F² IMMO |