IMMINVEST
ActiveIMMINVEST has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €139k and a net result of €-38k. Equity is shrinking by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 39% of 9150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability12▼-42
Solvency45▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.45 against 0.09 in 2024; short-term debt: 79.6% and cash: 0.2% of total assets), and 79.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-38k
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 10-07-2026, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
21 d early
2024
20 d early
2023
13 d early
2022
38 d early
2021
61 d early
2020
47 d early
2019
57 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€139k▼ 21.3%
2024 · €177k
2018: €79k
2019: €23k
2020: €278k
2021: €241k
2022: €229k
2023: €193k
2024: €177k
2018 → 2025
Total assets
€683k▲ 40.1%
2024 · €487k
2018: €864k
2019: €815k
2020: €665k
2021: €618k
2022: €582k
2023: €527k
2024: €487k
2018 → 2025
Net result
€-38k▼ 130%
2024 · €-16k
2018: €-46k
2019: €-56k
2020: €254k
2021: €-36k
2022: €-13k
2023: €-35k
2024: €-16k
2018 → 2025
Working capital
€-298k▼ 25.9%
2024 · €-237k
2018: €-512k
2019: €-543k
2020: €-294k
2021: €-289k
2022: €-222k
2023: €-235k
2024: €-237k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€241k-€229k▼ 5.3%€193k▼ 15.4%€177k▼ 8.5%€139k▼ 21.3%
Operating result€-30k-€-7k▲ 77.5%€-27k▼ 297%€-9k▲ 68.3%€-34k▼ 299%
Net result€-36k-€-13k▲ 64.6%€-35k▼ 174%€-16k▲ 53.7%€-38k▼ 130%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €34k in 2025 against €9k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €683k
Fixed assets
€437k▼ 5.7%
Current assets
€245k▲ 932%
Equity and liabilities €683k
Equity
€139k▼ 21.3%
Debt
€543k▲ 75.1%
The debt ratio rises from 63.7% to 79.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▼
2024 · €36k
Cash flow
€-7k▼
2024 · €28k
Solvency
20.4%▼
2024 · 36.3%
Current ratio
0.45▲
2024 · 0.09
Quick ratio
0.45▲
2024 · 0.08
Debt / equity
3.90▲
2024 · 1.75
ROE
-27.0%▼
2024 · -9.2%
ROA
-5.5%▼
2024 · -3.4%
Interest coverage
-1.02▼
2024 · 4.68
Debt
€543k▲
2024 · €310k
Debt ≤ 1 year
€543k▲
2024 · €260k
Income taxes
€247▲
2024 · €237
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€487k€683k▲
Fixed assets21/28€463k€437k▼
Tangible fixed assets22/27€258k€231k▼
Plant, machinery and equipment23€254k€229k▼
Furniture and vehicles24€3k€2k▼
Financial fixed assets28€206k€206k=
Current assets29/58€24k€245k▲
Stocks and contracts in progress3€2k€1k▼
Stocks30/36€2k€1k▼
Amounts receivable within one year40/41€21k€242k▲
Trade receivables40€20k€11k▼
Other amounts receivable41€866€231k▲
Cash at bank and in hand54/58€96€2k▲
Deferred charges and accrued income490/1€120€958▲
Equity and liabilities
Total equity and liabilities10/49€487k€683k▲
Equity10/15€177k€139k▼
Contributions10/11€245k€245k=
Capital10€245k€245k=
Issued capital100€245k€245k=
Reserves13€16k€16k=
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Profit (loss) carried forward14€-84k€-121k▼
Amounts payable17/49€310k€543k▲
Amounts payable after more than one year17€50k-
Financial debts170/4€50k-
Amounts payable within one year42/48€260k€543k▲
Current portion of amounts payable after more than one year42€28k-
Financial debts43€95k€501k▲
Credit institutions430/8€1k-
Other loans439€93k€501k▲
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€4k€3k▼
Taxes450/3€4k€3k▼
Other amounts payable47/48€126k€34k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€30k▼
Other operating charges640/8€4k€1k▼
Gross operating margin9900€39k€-2k▼
Operating profit (loss)9901€-9k€-34k▼
Financial income75/76B€79€109▲
Recurring financial income75€79€109▲
Financial charges65/66B€8k€3k▼
Recurring financial charges65€8k€3k▼
Profit (loss) for the period before taxes9903€-16k€-37k▼
Income taxes67/77€237€247▲
Profit (loss) for the period9904€-16k€-38k▼
Profit (loss) for the period to be appropriated9905€-16k€-38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-84k€-121k▼
Profit (loss) brought forward from the previous period14P€-67k€-84k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €254k
Net result €254k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €278k ▲1089%
Equity rises from €23k to €278k.
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-56k
Net result drops to €-56k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Berlare · 1 establishment unit since 1990
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.
Donklaan 859290 BerlareGround area
1,027 m²
Building footprint
372 m²
Volume, LiDAR
1,736 m³
Parcel 42022B1108/00P000, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
AMUZEN
since 19902.046.618.440
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42022B1108/00P000 | Flanders | 1,027 m² | 1 · 372 m² | 12.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,906. 5,248 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-12-1989
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.