IMMO CABELCO
ActiveSummary
IMMO CABELCO has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.26M and a net result of €32k. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 89% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 11.16 against 12.55 in 2024; short-term debt: 1.7% and cash: 18.4% of total assets), and 12% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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
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
88%
Return on assets
2.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
40 d early
2024
39 d early
2023
41 d early
2022
41 d early
2021
39 d early
2020
40 d early
2019
33 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.26M▲ 1.8%
2024 · €1.24M
2019: €1.43M
2020: €1.41M
2021: €1.37M
2022: €1.37M
2023: €1.22M
2024: €1.24M
2019 → 2025
Total assets
€1.43M▲ 0.8%
2024 · €1.42M
2019: €1.71M
2020: €1.66M
2021: €1.66M
2022: €1.59M
2023: €1.42M
2024: €1.42M
2019 → 2025
Net result
€32k▲ 29.6%
2024 · €24k
2019: €-21k
2020: €-24k
2021: €14k
2022: €-1k
2023: €19k
2024: €24k
2019 → 2025
Working capital
€241k▲ 0.5%
2024 · €239k
2019: €140k
2020: €178k
2021: €157k
2022: €231k
2023: €155k
2024: €239k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.37M-€1.37M▼ 0.1%€1.22M▼ 10.9%€1.24M▲ 1.0%€1.26M▲ 1.8%
Operating result€28k-€8k▼ 70.4%€31k▲ 277%€38k▲ 23.1%€49k▲ 29.1%
Net result€14k-€-1k€19k€24k▲ 26.8%€32k▲ 29.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 29% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.43M
Fixed assets
€1.16M ▲ 0.7%
Current assets
€264k ▲ 1.6%
Equity and liabilities €1.43M
Equity
€1.26M ▲ 1.8%
Provisions
€147k ▼ 7.1%
Debt
€25k ▲ 5.5%
Debt's share of the balance-sheet total rises from 1.7% to 1.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€131k▲
2024 · €128k
Cash flow
€114k▼
2024 · €115k
Current ratio
11.16▼
2024 · 12.55
Debt to equity
0.02▲
2024 · 0.02
ROE
2.5%▲
2024 · 2.0%
ROA
2.2%▲
2024 · 1.7%
Interest coverage
619.62▲
2024 · 593.93
Debt ≤ 1 year
€24k▲
2024 · €21k
Income taxes
€30k▼
2024 · €32k
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 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.42M€1.43M▲
Fixed assets21/28€1.16M€1.16M▲
Tangible fixed assets22/27€1.16M€1.16M▲
Land and buildings22€1.14M€1.07M▼
Furniture and vehicles24€18k€96k▲
Other tangible fixed assets26€3k€3k▼
Current assets29/58€260k€264k▲
Amounts receivable within one year40/41€3k€0▼
Trade receivables40€2k€0▼
Other amounts receivable41€773€0▼
Current investments50/53€36k€0▼
Cash at bank and in hand54/58€221k€263k▲
Deferred charges and accrued income490/1€141€2k▲
Equity and liabilities
Total equity and liabilities10/49€1.42M€1.43M▲
Equity10/15€1.24M€1.26M▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Revaluation surpluses12€198k€198k=
Reserves13€974k€996k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€307k€277k▼
Distributable reserves133€661k€713k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€158k€147k▼
Deferred taxes168€158k€147k▼
Amounts payable17/49€24k€25k▲
Amounts payable within one year42/48€21k€24k▲
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€6k€7k▲
Taxes450/3€6k€7k▲
Other amounts payable47/48€12k€15k▲
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20242025
Non-recurring operating income76A-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90k€82k▼
Other operating charges640/8€6k€7k▲
Gross operating margin9900€134k€138k▲
Operating profit (loss)9901€38k€49k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€216€212▼
Recurring financial charges65€216€212▼
Profit (loss) for the period before taxes9903€39k€51k▲
Transfer from deferred taxes780€17k€11k▼
Income taxes67/77€32k€30k▼
Profit (loss) for the period9904€24k€32k▲
Transfer from tax-exempt reserves789€34k€30k▼
Profit (loss) for the period to be appropriated9905€58k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€58k€62k▲
Transfer from equity791/2€12k€10k▼
Transfer to equity691/2€58k€62k▲
To other reserves6921€58k€62k▲
Profit to be distributed694/7€12k€10k▼
Return on contributions (dividend)694€12k€10k▼
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (20 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
18-08
State Gazette act
Appointment: Stéphanie Van Hoe (director)Reappointment: Etienne Van Hoe (director) · Resignations: Etienne Van Hoe (managing director) and Caroline LIBBRECHT (director) · Sole shareholder8 facts ▸
State Gazette act
Appointment: Stéphanie Van Hoe (director)
Reappointment: Etienne Van Hoe (director) · Resignations: Etienne Van Hoe (managing director) and Caroline LIBBRECHT (director) · Sole shareholder8 facts ▸
- General meeting, 15-06-2026
- Director appointment, Stéphanie Van Hoe (director)
- Director reappointment, Etienne Van Hoe (director)
- Director resignation, Etienne Van Hoe (managing director)
- Director resignation, Caroline LIBBRECHT (director)
- Board meeting, 15-06-2026
- Director appointment, Stéphanie Van Hoe (managing director)
- Sole shareholder, 16-02-2026
2025
22-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2019net €32k ▲29.6%
Operating result €49k, net result €32k, both a record.
2024
23-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Liquidity triplescurrent ratio 10.00
Current ratio from 2.98 to 10.00; short-term debt falls from €79k to €26k.
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series; recovery starts the following year.
Show earlier events
2019
29-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
08-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
Stéphanie Van Hoe
CurrentDirector · since 15-06-2026
Etienne Van Hoe
CurrentDirector
15-06-2026
Stéphanie Van Hoe: Appointed as Director
15-06-2026
Stéphanie Van Hoe: Appointed as Managing director
15-06-2026
Etienne Van Hoe: Resigned as Managing director
16-02-2026
Caroline LIBBRECHT: Resigned as Director
Location & real-estate footprint
Registered office, Kruisem · 1 establishment unit since 1994
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.
Huisepontweg (WAN) 349772 KruisemGround area
5,802 m²
Building footprint
343 m²
Volume, LiDAR
1,602 m³
Parcel 45053A0302/00C000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMMO CABELCO NV
since 19942.066.106.037
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45053A0302/00C000 | Flanders | 5,802 m² | 1 · 343 m² | 7.9 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.
Similar companies · same sector, comparable size
GARAGE HOLVOET
BE 0439.541.345
Dendermonde · Eq €1,255,609
LS REAL ESTATE
BE 0775.792.439
Maldegem · Eq €1,253,530
SNELVERVOER TANGHE
BE 0402.757.460
Roeselare · Eq €1,253,444
LAM Vastgoed
BE 0810.740.450
Antwerpen · Eq €1,260,649
LANCKRIET INVEST
BE 0822.634.135
Eeklo · Eq €1,253,275
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 3,976 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-12-1993
Fiscal year end30-06
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
68204Real estate activities
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.