IMMO DE BAERE
ActiveIMMO DE BAERE has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €289k and a net result of €788. Equity is shrinking by ~19.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 14009 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability62▲+13
Solvency46▼-1
Growth32=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.18 against 0.1 in 2024; short-term debt: 18.2% and cash: 0.3% of total assets), and 78.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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
Sector 68
lower
← 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
21.4%
Return on assets
0.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 21-10-2025, 10 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
10 d early
2024
36 d early
2023
8 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close19-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€289k▼ 8.5%
2024 · €316k
2023: €412k
2024: €316k
2023 → 2025
Total assets
€1.35M▼ 5.6%
2024 · €1.43M
2023: €1.55M
2024: €1.43M
2023 → 2025
Net result
€788
2024 · €-42k
2023: €30k
2024: €-42k
2023 → 2025
Working capital
€-202k▼ 11.0%
2024 · €-182k
2023: €-57k
2024: €-182k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€412k-€316k▼ 23.3%€289k▼ 8.5%
Operating result€49k-€-23k€26k
Net result€30k-€-42k€788
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €26k after a loss of €23k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.35M
Fixed assets
€1.31M▼ 7.4%
Current assets
€44k▲ 118%
Equity and liabilities €1.35M
Equity
€289k▼ 8.5%
Debt
€1.06M▼ 4.8%
The debt ratio rises from 77.9% to 78.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€130k▲
2024 · €80k
Cash flow
€105k▲
2024 · €61k
Solvency
21.4%▼
2024 · 22.1%
Current ratio
0.18▲
2024 · 0.10
Quick ratio
0.18▲
2024 · 0.10
Debt / equity
3.67▲
2024 · 3.53
ROE
0.3%▲
2024 · -13.4%
ROA
0.1%▲
2024 · -2.9%
Interest coverage
5.24▲
2024 · 4.11
Debt
€1.06M▼
2024 · €1.12M
Debt ≤ 1 year
€246k▲
2024 · €202k
Debt > 1 year
€815k▼
2024 · €913k
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€1.43M€1.35M▼
Fixed assets21/28€1.41M€1.31M▼
Tangible fixed assets22/27€1.41M€1.31M▼
Land and buildings22€1.39M€1.29M▼
Plant, machinery and equipment23€22k€16k▼
Financial fixed assets28€1k€1k=
Current assets29/58€20k€44k▲
Amounts receivable within one year40/41€17k€41k▲
Trade receivables40€17k€41k▲
Cash at bank and in hand54/58€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.43M€1.35M▼
Equity10/15€316k€289k▼
Contributions10/11€15k€15k=
Outside capital11€15k€15k=
Share premium1100/10€15k€15k=
Reserves13€301k€274k▼
Distributable reserves133€301k€274k▼
Amounts payable17/49€1.12M€1.06M▼
Amounts payable after more than one year17€913k€815k▼
Financial debts170/4€913k€815k▼
Amounts payable within one year42/48€202k€246k▲
Current portion of amounts payable after more than one year42€96k€97k▲
Trade debts44€5k€36▼
Suppliers440/4€5k€36▼
Taxes, remuneration and social security45€5k€12k▲
Taxes450/3€5k€12k▲
Other amounts payable47/48€97k€136k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€103k€104k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-10k-
Other operating charges640/8€12k€13k▲
Gross operating margin9900€82k€142k▲
Operating profit (loss)9901€-23k€26k▲
Financial charges65/66B€20k€25k▲
Recurring financial charges65€20k€25k▲
Profit (loss) for the period before taxes9903€-42k€788▲
Income taxes67/77€-116-
Profit (loss) for the period9904€-42k€788▲
Profit (loss) for the period to be appropriated9905€-42k€788▲
Appropriation of the result
Profit (loss) to be appropriated9906€-42k€788▲
Transfer from equity791/2€96k€28k▼
Transfer to equity691/2-€788
To other reserves6921-€788
Profit to be distributed694/7€54k€28k▼
Return on contributions (dividend)694€54k€28k▼
The notes to these accounts (5 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
2025
21-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Back to profitnet €788
Net result €788 after one loss-making year.
2024
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-42k ▼243%
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
2023
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Niklaas · 1 establishment unit since 2022
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.
Europark-Noord 42B9100 Sint-NiklaasGround area
2,565 m²
Building footprint
846 m²
Volume, LiDAR
7,511 m³
2 parcels, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IMMO DE BAERE
since 20222.341.571.486
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C0081/00R000 | Flanders | 1,959 m² | 1 · 846 m² | 9.6 m · 3 fl. |
| 46442C0049/00X000 | Flanders | 606 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,420 EUR awarded · 2,420 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,420 EUR | 2,420 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Similar companies · same sector, comparable size
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IMMO G
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Boneff
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Of 12,018 companies in sector 68203 we hold annual accounts for 5,984. 4,393 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-11-2022
Fiscal year end31-03
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
68121Development of residential building projects
68122Development of non-residential building projects
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.