Immo B
ActiveSummary
Immo B has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €172k and a net result of €104k. Equity is growing by ~24.8% per year across the filed fiscal years. Its solvency ranks better than 88% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+19
Solvency100▲+19
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 6.42 against 2.25 in 2024; short-term debt: 13.9% and cash: 74.9% of total assets), and 15.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.7%
Return on assets
51.2%
Age of the figures
9 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
28 d early
2024
7 d early
2023
30 d late
2022
11 d early
2021
31 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, micro schema
Equity
€172k▲ 153%
2024 · €68k
2021: €39klowest in 5 years
2022: €42k▲ +6.5% vs 2021
2023: €56k▲ +34.9% vs 2022
2024: €68k▲ +21.4% vs 2023
2025: €172k▲ +153% vs 2024highest in 5 years
2021 → 2025
Total assets
€204k▲ 68.0%
2024 · €121k
2021: €78klowest in 5 years
2022: €113k▲ +44.8% vs 2021
2023: €159k▲ +40.8% vs 2022
2024: €121k▼ -23.6% vs 2023
2025: €204k▲ +68.0% vs 2024highest in 5 years
2021 → 2025
Net result
€104k▲ 767%
2024 · €12k
2021: €29k
2022: €3k▼ -91.2% vs 2021lowest in 5 years
2023: €15k▲ +469% vs 2022
2024: €12k▼ -17.5% vs 2023
2025: €104k▲ +767% vs 2024highest in 5 years
2021 → 2025
Working capital
€154k▲ 184%
2024 · €54k
2021: €39k
2022: €34k▼ -11.9% vs 2021lowest in 5 years
2023: €45k▲ +29.9% vs 2022
2024: €54k▲ +21.5% vs 2023
2025: €154k▲ +184% vs 2024highest in 5 years
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€39k-€42k▲ 6.5%€56k▲ 34.9%€68k▲ 21.4%€172k▲ 153%
2021: €39klowest in 5 years
2022: €42k▲ +6.5% vs 2021
2023: €56k▲ +34.9% vs 2022
2024: €68k▲ +21.4% vs 2023
2025: €172k▲ +153% vs 2024highest in 5 years
Operating result€42k-€6k▼ 86.1%€21k▲ 259%€17k▼ 16.3%€149k▲ 757%
2021: €42k
2022: €6k▼ -86.1% vs 2021lowest in 5 years
2023: €21k▲ +259% vs 2022
2024: €17k▼ -16.3% vs 2023
2025: €149k▲ +757% vs 2024highest in 5 years
Net result€29k-€3k▼ 91.2%€15k▲ 469%€12k▼ 17.5%€104k▲ 767%
2021: €29k
2022: €3k▼ -91.2% vs 2021lowest in 5 years
2023: €15k▲ +469% vs 2022
2024: €12k▼ -17.5% vs 2023
2025: €104k▲ +767% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 757% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €204k
Fixed assets
€22k ▼ 8.9%
Current assets
€182k ▲ 86.7%
Equity and liabilities €204k
Equity
€172k ▲ 153%
Debt
€31k ▼ 41.1%
Debt's share of the balance-sheet total falls from 43.7% to 15.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€158k▲
2024 · €25k
Cash flow
€113k▲
2024 · €20k
Current ratio
6.42▲
2024 · 2.25
Debt to equity
0.18▼
2024 · 0.78
ROE
60.4%▲
2024 · 17.6%
ROA
51.2%▲
2024 · 9.9%
Interest coverage
90.76▲
2024 · 36.01
Debt ≤ 1 year
€28k▼
2024 · €43k
Debt > 1 year
€3k▼
2024 · €10k
Income taxes
€44k▲
2024 · €5k
Staff costs
€55k▼
2024 · €81k
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 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€121k€204k▲
Fixed assets21/28€24k€22k▼
Tangible fixed assets22/27€21k€19k▼
Plant, machinery and equipment23€6k€7k▲
Furniture and vehicles24€16k€12k▼
Financial fixed assets28€3k€3k=
Current assets29/58€97k€182k▲
Amounts receivable within one year40/41€16k€13k▼
Trade receivables40€14k€13k▼
Other amounts receivable41€1k€175▼
Cash at bank and in hand54/58€77k€153k▲
Deferred charges and accrued income490/1€4k€16k▲
Equity and liabilities
Total equity and liabilities10/49€121k€204k▲
Equity10/15€68k€172k▲
Contributions10/11€10k€10k=
Reserves13€58k€162k▲
Distributable reserves133€58k€162k▲
Profit (loss) carried forward14€4€4=
Amounts payable17/49€53k€31k▼
Amounts payable after more than one year17€10k€3k▼
Financial debts170/4€10k€3k▼
Amounts payable within one year42/48€43k€28k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Advances received on contracts in progress46€0€795▲
Taxes, remuneration and social security45€9k€10k▲
Taxes450/3€9k€10k▲
Other amounts payable47/48€21k€6k▼
Income statement
Code20242025
Remuneration, social security and pensions62€81k€55k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€108k€214k▲
Operating profit (loss)9901€17k€149k▲
Financial income75/76B€18€52▲
Recurring financial income75€18€52▲
Financial charges65/66B€699€2k▲
Recurring financial charges65€699€2k▲
Profit (loss) for the period before taxes9903€17k€148k▲
Income taxes67/77€5k€44k▲
Profit (loss) for the period9904€12k€104k▲
Profit (loss) for the period to be appropriated9905€12k€104k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€104k▲
Profit (loss) brought forward from the previous period14P€3€4▲
Transfer to equity691/2€12k€104k▲
To other reserves6921€12k€104k▲
The notes to these accounts (9 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €7k | €64k | €85k | €81k | €55k | ▼ 32.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €4k | €7k | €8k | €8k | ▲ 9.4% |
| Other operating charges640/8 | €431 | €2k | €1k | €1k | €2k | ▲ 25.1% |
| Gross operating margin9900 | €49k | €76k | €114k | €108k | €214k | ▲ 98.7% |
| Operating profit (loss)9901 | €42k | €6k | €21k | €17k | €149k | ▲ 757% |
| Financial income75/76B | €7 | €4 | €1k | €18 | €52 | ▲ 186% |
| Recurring financial income75 | €7 | €4 | €1k | €18 | €52 | ▲ 186% |
| Financial charges65/66B | €195 | €683 | €2k | €699 | €2k | ▲ 149% |
| Recurring financial charges65 | €195 | €683 | €2k | €699 | €2k | ▲ 149% |
| Profit (loss) for the period before taxes9903 | €42k | €5k | €21k | €17k | €148k | ▲ 782% |
| Income taxes67/77 | €12k | €3k | €6k | €5k | €44k | ▲ 820% |
| Profit (loss) for the period9904 | €29k | €3k | €15k | €12k | €104k | ▲ 767% |
| Profit (loss) for the period to be appropriated9905 | €29k | €3k | €15k | €12k | €104k | ▲ 767% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €78k | €113k | €159k | €121k | €204k | ▲ 68.0% |
| Fixed assets21/28 | €210 | €30k | €28k | €24k | €22k | ▼ 8.9% |
| Tangible fixed assets22/27 | - | €30k | €25k | €21k | €19k | ▼ 9.9% |
| Plant, machinery and equipment23 | - | €4k | €3k | €6k | €7k | ▲ 23.7% |
| Furniture and vehicles24 | - | €26k | €22k | €16k | €12k | ▼ 22.4% |
| Financial fixed assets28 | €210 | €210 | €3k | €3k | €3k | = |
| Current assets29/58 | €78k | €83k | €131k | €97k | €182k | ▲ 86.7% |
| Amounts receivable within one year40/41 | €11k | €5k | €8k | €16k | €13k | ▼ 16.7% |
| Trade receivables40 | €386 | €566 | €3k | €14k | €13k | ▼ 9.4% |
| Other amounts receivable41 | €10k | €5k | €5k | €1k | €175 | ▼ 88.2% |
| Cash at bank and in hand54/58 | €67k | €77k | €123k | €77k | €153k | ▲ 97.2% |
| Deferred charges and accrued income490/1 | - | €596 | €80 | €4k | €16k | ▲ 282% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €78k | €113k | €159k | €121k | €204k | ▲ 68.0% |
| Equity10/15 | €39k | €42k | €56k | €68k | €172k | ▲ 153% |
| Contributions10/11 | €10k | €10k | €10k | €10k | €10k | = |
| Reserves13 | €29k | €32k | €46k | €58k | €162k | ▲ 179% |
| Distributable reserves133 | €29k | €32k | €46k | €58k | €162k | ▲ 179% |
| Profit (loss) carried forward14 | €3 | €3 | €3 | €4 | €4 | = |
| Amounts payable17/49 | €39k | €71k | €102k | €53k | €31k | ▼ 41.1% |
| Amounts payable after more than one year17 | - | €23k | €16k | €10k | €3k | ▼ 70.3% |
| Financial debts170/4 | - | €23k | €16k | €10k | €3k | ▼ 70.3% |
| Amounts payable within one year42/48 | €39k | €48k | €86k | €43k | €28k | ▼ 34.7% |
| Current portion of amounts payable after more than one year42 | - | €6k | €6k | €7k | €7k | ▲ 2.2% |
| Trade debts44 | €932 | €4k | €7k | €7k | €5k | ▼ 30.1% |
| Suppliers440/4 | €932 | €4k | €7k | €7k | €5k | ▼ 30.1% |
| Advances received on contracts in progress46 | - | €242 | €40k | €0 | €795 | - |
| Taxes, remuneration and social security45 | €13k | €18k | €12k | €9k | €10k | ▲ 11.1% |
| Taxes450/3 | €13k | €18k | €12k | €9k | €10k | ▲ 11.1% |
| Other amounts payable47/48 | €25k | €21k | €21k | €21k | €6k | ▼ 71.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29k | €3k | €15k | €12k | €104k | ▲ 767% |
| + Depreciation and write-downs630 | - | €4k | €7k | €8k | €8k | ▲ 9.4% |
| Operating cash flow (approximation) | €29k | €7k | €22k | €20k | €113k | ▲ 471% |
| Investment in fixed assets (approximation) | - | €-34k | €-5k | €-4k | €-6k | ▼ 76.4% |
| Change in cash | - | €10k | €46k | €-45k | €75k | ▲ 266% |
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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2021net €104k ▲767%
Operating result €149k, net result €104k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 6.42
Current ratio from 2.25 to 6.42; short-term debt falls from €43k to €28k.
31-12
Financial
Equity above €150kEq €172k ▲153%
5 profitable years in a row build equity to €172k.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €3k ▼91.2%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Geel · 2 establishment units since 2020
Ground area
1.0 ha
Building footprint
1,502 m²
Volume, LiDAR
8,571 m³
2 parcels, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
Immo B
since 20202.304.877.772
Immo B
since 20212.319.308.107
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13373L0877/00F000 | Flanders | 9,356 m² | 1 · 1,356 m² | 10.4 m · 1 fl. |
| 13008H1218/00Y002 | Flanders | 693 m² | 1 · 146 m² | 8.9 m · 2 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.
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 5,221 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.