Active BE 0449.299.347Public limited companyOpen bankruptcy

IMMO - BUILD

Vismarkt (C) 2 ·3980 Tessenderlo-Ham, Belgium· 33 yrs active

Sector: Construction of buildings (41001)

Conclusion Checked

A bankruptcy procedure is open for IMMO - BUILD according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-233k) and a net result of €-64k.

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€-233k
Net result	€-64k
Staff (FTE)	1
Better than sector	5%

Snowflake analysis 5 of 5 axes measured · computed by Checked

34 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 38

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2023 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 25-09-2024 with the NBB · fiscal year 2023 · micro

Operating resultNet result

Sector comparison

Fiscal year 2023 · NACE 41, Construction of buildings · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-51.5%	37.6%	better than 5% of 3129 sector peers
Net result	€-64k	€9k	better than 5% of 3122 sector peers
Equity	€-233k	€25k	better than 5% of 3134 sector peers
Gross operating margin	€26k	€27k	better than 49% of 3116 sector peers
Staff costs	€48k	€19k	higher than 67% of 935 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-26k

- 18-23

Net profit

€-64k

- 18-23

Cash flow

€-60k

- 18-23

Total assets

€452k

+54.6% 18-23

Equity

€-233k

-37.6% 18-23

Working capital

€-184k

-62.9% 18-23

Employees (FTE)

1

0.0% 18-23

Staff costs

€48k

+101.6% 18-23

Income taxes

€321

+4.9% 18-23

Debt

€684k

+48.4% 18-23

Debt ≤ 1y

€621k

+60.5% 18-23

Debt > 1y

€63k

-14.5% 18-23

Current ratio

0.70

-0.6% 18-23

Quick ratio

0.70

-0.6% 18-23

Solvency

-51.5%

+11.0% 18-23

Debt / equity

-2.94

-7.8% 18-23

ROE

27.3%

- 18-23

ROA

-14.1%

- 18-23

Interest coverage

-0.82

- 18-23

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2023
Deposit	micro
Revenue	-
EBITDA	€-26k
Net profit	€-64k
Cash flow	€-60k
Staff costs	€48k
Income taxes	€321
Dividends	-
Total assets	€452k
Equity	€-233k
Debt	€684k
of which ≤ 1y	€621k
of which > 1y	€63k
Working capital	€-184k
Employees (FTE)	1.0

Ratios (computed)

	2023
Current ratio	0.70
Quick ratio	0.70
Working capital ratio	-40.7%
Solvency	-51.5%
Debt / equity	-2.94
Long-term debt ratio	-0.27
Interest coverage	-0.82
Gross margin	-
Net margin	-
ROA	-14.1%
ROE	27.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2023

Assets

Fixed assets €15k · 3.3% Current assets €437k · 96.8%

Full annual accounts

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

Line item	Code	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€452k
Fixed assets	21/28	€15k
Tangible fixed assets	22/27	€7k
Financial fixed assets	28	€8k
Current assets	29/58	€437k
Amounts receivable within one year	40/41	€436k
Cash & bank	54/58	€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€452k
Equity	10/15	€-233k
Contributions / capital	10/11	€74k
Accumulated profits (losses)	14	€-307k
Amounts payable	17/49	€684k
Amounts payable after one year	17	€63k
Amounts payable within one year	42/48	€621k
Trade debts payable within one year	44	€298k
Income statement
Gross operating margin	9900	€26k
Operating result	9901	€-30k
Financial income	75	€146
Financial charges	65	€32k
Result before taxes	9903	€-63k
Income taxes	67/77	€321
Net result for the period	9904	€-64k
Result to be appropriated	9905	€-64k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	ILSE ROOX HASSALUTHDREEF 12B BUS 2, 3500 HASSELT ↔ Also on 117 other cases	10-04-2025 → present	Belgian State Gazette

Legal Structure

NACE primary	Construction of buildings(41001)
Legal form	Public limited company(014)
Incorporation	29-01-1993
Status	Active
Postal code	3980
First BS signal	16-04-2025
Latest BS signal	16-04-2025

Company structure, linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.

Establishment units 1 location

Vismarkt (C) 2, 3980 Tessenderlo-Ham

het optrekken van de ruwbouw van individuele huizen

since 19932.061.134.588

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71362B0158/00A002	Flanders	96 m²	1 · 96 m²	8.8 m · 3 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.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

16-04-2025

Bankruptcy Opening

Ondernemingsrechtbank Antwerpen, afdeling Hasselt · IMMO - BUILD NV VISMARKT (C) 2, 3980 TESSENDERLO-HAM · event 10-04-2025

2024

25-09-2024