IBN IMMO · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of IBN IMMO is 6.5% (elevated). The 2024 annual accounts show equity of €52k and a net result of €-72k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

6.5% Elevated

0%0,5%1,5%4%10%≥25%

Young company +No NACE activity registered +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 12 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

How we compute the deadline

The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	26-08-2025	26 d late	2025-00412790
31-12-2023	31-07-2024	15-10-2024	76 d late	2024-00509144

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2023, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

Turnover€181k+33.8%

EBIT margin-9.1%-54.2pp

Net result€-72k

Working capital€-329k-69.9%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 26-08-2025 with the NBB · fiscal year 2024 · volledig

RevenueOperating resultNet result

Revenue

€181k

+33.8% 23-24

EBITDA

€148k

- 23-24

Net profit

€-72k

- 23-24

Cash flow

€92k

- 23-24

Total assets

€2.12M

+15.3% 23-24

Equity

€52k

-58.0% 23-24

Working capital

€-329k

-69.9% 23-24

Income taxes

€6k

- 23-24

Debt

€2.07M

+20.6% 23-24

Debt ≤ 1y

€338k

+65.4% 23-24

Debt > 1y

€1.73M

+14.6% 23-24

Current ratio

0.03

-49.7% 23-24

Quick ratio

0.03

-49.7% 23-24

Solvency

2.5%

-63.6% 23-24

Debt / equity

39.50

+187.3% 23-24

ROE

-138.1%

- 23-24

ROA

-3.4%

- 23-24

Net margin

-40.0%

- 23-24

EBITDA margin

81.7%

- 23-24

Interest coverage

2.97

- 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	volledig
Revenue	€181k
EBITDA	€148k
Net profit	€-72k
Cash flow	€92k
Staff costs	-
Income taxes	€6k
Dividends	-
Total assets	€2.12M
Equity	€52k
Debt	€2.07M
of which ≤ 1y	€338k
of which > 1y	€1.73M
Working capital	€-329k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	0.03
Quick ratio	0.03
Working capital ratio	-15.5%
Solvency	2.5%
Debt / equity	39.50
Long-term debt ratio	33.06
Interest coverage	2.97
Gross margin	86.7%
Net margin	-40.0%
ROA	-3.4%
ROE	-138.1%
EBITDA margin	81.7%
Days sales outstanding	16d
Days payable outstanding	134d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €2.12M · 99.6% Current assets €9k · 0.4%

Equity & liabilities

Equity €52k · 2.5% Debt €2.07M · 97.5%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€2.12M
Fixed assets	21/28	€2.12M
Formation expenses	20	€739
Intangible fixed assets	21	€295k
Tangible fixed assets	22/27	€1.82M
Current assets	29/58	€9k
Amounts receivable within one year	40/41	€8k
Cash & bank	54/58	€758
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€2.12M
Equity	10/15	€52k
Contributions / capital	10/11	€100k
Accumulated profits (losses)	14	€-48k
Amounts payable	17/49	€2.07M
Amounts payable after one year	17	€1.73M
Amounts payable within one year	42/48	€338k
Trade debts payable within one year	44	€9k
Income statement
Turnover	70	€181k
Gross operating margin	9900	€157k
Operating result	9901	€-16k
Financial charges	65	€50k
Result before taxes	9903	€-66k
Income taxes	67/77	€6k
Net result for the period	9904	€-72k
Result to be appropriated	9905	€-72k

You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

23 / 100 Critical

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Locations & real estate

Registered office

from the Crossroads Bank

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Brabantstraat 1331030 Schaarbeek

Parcels1

Ground area201 m²

Buildings1

Building footprint198 m²

Volume (LiDAR)2,417 m³

Tallest building27.0 m · ±5 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21908E0025/00A004	Brussels	201 m²	1 · 198 m²	26.9 m · 5 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes

41 / 100

Fragile profile, watch solvency in particular.

All 5 axes are computed from data Checked has read.

Health 23

Profitability 33

Solvency 2

Growth 55

Stability 94

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Credit advice

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Company registry

Company registry (CBE)

Crossroads Bank

Names & trade names

Legal nameFR

IBN IMMO

Registered office

Brabantstraat 133

1030 Schaarbeek, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.