IMMO LARUELLE

Active

Private limited companyfounded 201411 yrs activeVoie de la Tombe(VER) 1, 4537 Verlaine, BelgiumKBO/BCE: BE 0567.671.912

Summary

IMMO LARUELLE has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.14M and a net result of €339k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2025

78 / 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

Profitability81▲+1

Solvency57▲+11

Growth78=

Track record100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €85k at 30 days acceptable

Liquidity ample (current ratio 1.53 against 1.86 in 2024; short-term debt: 9.2% and cash: 10.6% of total assets), but 67.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 70

Relative position

BE, all sectors

reference

Sector 70

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

32.2%

Return on assets

9.6%

Age of the figures

9 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €1.14M

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 10 filings

Deviation from the deadline

2025

27 d late

2024

22 d early

2023

1 d late

2022

15 d early

2021

3 d early

2020

30 d late

2019

53 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€339k▲ 1.6%

2024 · €334k

2018: €-25k 2019: €24k 2020: €8k 2021: €53k 2022: €96k 2023: €296k 2024: €334k

2018 → 2025

Working capital

€173k▼ 38.7%

2024 · €282k

2018: €-234k 2019: €168k 2020: €205k 2021: €180k 2022: €153k 2023: €147k 2024: €282k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€76k-€172k▲ 125%€468k▲ 172%€802k▲ 71.2%€1.14M▲ 42.3%

Operating result€174k-€245k▲ 41.0%€434k▲ 76.8%€471k▲ 8.5%€550k▲ 16.8%

Net result€53k-€96k▲ 80.5%€296k▲ 210%€334k▲ 12.6%€339k▲ 1.6%

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2025 is 17% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €3.55M

85.9%

14.1%

Fixed assets €3.05M ▼ 6.7%

Current assets €500k ▼ 18.0%

Equity and liabilities €3.55M

32.2%

67.8%

Equity €1.14M ▲ 42.3%

Debt €2.40M ▼ 21.7%

Debt's share of the balance-sheet total falls from 79.3% to 67.8%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€853k▲

2024 · €772k

Cash flow

€642k▲

2024 · €635k

Current ratio

1.53▼

2024 · 1.86

Debt to equity

2.11▼

2024 · 3.83

ROE

29.7%▼

2024 · 41.6%

ROA

9.6%▲

2024 · 8.6%

Interest coverage

9.16▼

2024 · 32.40

Debt ≤ 1 year

€327k▼

2024 · €327k

Debt > 1 year

€2.00M▼

2024 · €2.62M

Income taxes

€118k▲

2024 · €113k

Staff costs

€88k▲

2024 · €83k

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 · 54 lines

Balance sheet Code20242025

Assets

Total assets20/58€3.88M€3.55M▼

Fixed assets21/28€3.27M€3.05M▼

Tangible fixed assets22/27€3.27M€3.05M▼

Land and buildings22€2.80M€2.62M▼

Plant, machinery and equipment23€363k€363k▲

Furniture and vehicles24€84k€58k▼

Assets under construction and advance payments27€24k€0▼

Financial fixed assets28€400€400=

Current assets29/58€610k€500k▼

Amounts receivable after more than one year29€4k€205▼

Other amounts receivable291€4k€205▼

Amounts receivable within one year40/41€126k€105k▼

Trade receivables40€122k€101k▼

Other amounts receivable41€4k€4k▲

Cash at bank and in hand54/58€462k€375k▼

Deferred charges and accrued income490/1€17k€19k▲

Equity and liabilities

Total equity and liabilities10/49€3.88M€3.55M▼

Equity10/15€802k€1.14M▲

Contributions10/11€12k€12k=

Reserves13€2k€2k=

Non-distributable reserves130/1€2k€2k=

Reserves not available under the articles1311€2k€2k=

Profit (loss) carried forward14€788k€1.13M▲

Amounts payable17/49€3.07M€2.40M▼

Amounts payable after more than one year17€2.62M€2.00M▼

Financial debts170/4€1.21M€1.03M▼

Other amounts payable178/9€1.41M€968k▼

Amounts payable within one year42/48€327k€327k▼

Current portion of amounts payable after more than one year42€183k€176k▼

Trade debts44€16k€56k▲

Suppliers440/4€16k€56k▲

Taxes, remuneration and social security45€117k€85k▼

Taxes450/3€99k€65k▼

Remuneration and social security454/9€19k€20k▲

Other amounts payable47/48€11k€10k▼

Accrued charges and deferred income492/3€128k€77k▼

Income statement Code20242025

Non-recurring operating income76A€0-

Remuneration, social security and pensions62€83k€88k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€302k€303k▲

Other operating charges640/8€84k€89k▲

Non-recurring operating charges66A€0€1k▲

Gross operating margin9900€939k€1.03M▲

Operating profit (loss)9901€471k€550k▲

Financial income75/76B€136€86▼

Recurring financial income75€136€86▼

Financial charges65/66B€24k€93k▲

Recurring financial charges65€24k€93k▲

Profit (loss) for the period before taxes9903€447k€457k▲

Income taxes67/77€113k€118k▲

Profit (loss) for the period9904€334k€339k▲

Profit (loss) for the period to be appropriated9905€334k€339k▲

Appropriation of the result

Profit (loss) to be appropriated9906€788k€1.13M▲

Profit (loss) brought forward from the previous period14P€454k€788k▲

Social balance

Average headcount (FTE)90871.92.0▲

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 17Financial 7Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

27-08

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema · 27 days late

2025

31-12

Financial Highest result since 2018net €339k ▲1.6%

Operating result €550k, net result €339k, both a record.

31-12

Financial Equity above €1MEq €1.14M ▲42.3%

7 profitable years in a row build equity to €1.14M.

09-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Equity above €500kEq €802k ▲71.2%

6 profitable years in a row build equity to €802k.

01-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 1 day late

2023

31-12

Financial Equity above €200kEq €468k ▲172%

5 profitable years in a row build equity to €468k.

16-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €150kEq €172k ▲125%

4 profitable years in a row build equity to €172k.

28-07

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

30-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 30 days late

2020

22-09

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 53 days late

Show earlier events

2019

31-12

Financial Back to profitnet €24k

Net result €24k after one loss-making year.

31-12

Financial Liquidity quadruplescurrent ratio 1.97

Current ratio from 0.45 to 1.97; short-term debt falls from €428k to €173k.

30-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 30 days late

2018

30-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 30 days late

2017

30-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 30 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

4 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, Verlaine · 1 establishment unit since 2014

establishment approximate The establishment unit on the map

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.

Voie de la Tombe(VER) 14537 Verlaine

Ground area

8,812 m²

Building footprint

1,222 m²

Volume, LiDAR

8,859 m³

2 parcels, Wallonia · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Santé 98

Chaussée Verte 98, 4470 Saint-Georges-sur-MeuseRenting and operating of own or leased non-residential real estate, excluding land

since 20142.236.589.871

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
61063A0802/00D000	Wallonia	6,408 m²	1 · 244 m²	9.1 m · 2 fl.
64065C0201/00V000	Wallonia	2,404 m²	1 · 978 m²	9.4 m · 3 fl.

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.

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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 26,369 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 formPrivate limited company

Founded07-11-2014

Fiscal year end31-12

Activities, NACEBEL 2025

68203Renting and operating of own or leased non-residential real estate, excluding land

70200Business and other management consultancy

68110Buying and selling of own real estate

Sources

Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.