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IMMO MD

Active
Private limited companyfounded 1994active for 32 yearsNoorderlaan 76, 8790 Waregem, BelgiumKBO/BCE: BE 0452.008.320
Summary

IMMO MD has been active since 1994 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €1.1m and a net result of -€7,547. Equity remains stable across the filed financial years (±0.6% per year). Its solvency ranks better than 81% of 16,885 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Overview

Activity
Real estate agency activities
NACE 68310
1 site
Size
€1.5mtotal assets 2025
Equity
€1.1m
Loss
-€7,547
Turnover not published (abbreviated or micro format)
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
BLegal Consult · 100%
Accounts 94 days early0 of 3 deeds read
Why 87raises risk1 change of registered office in 24 monthsEx-officio strike-off in the KBOlowers riskSize: total assets €1.5mFigures for financial year 2025 (filed 28-04-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 67% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Strong
Solvency 98-2
equity 73.0% of total assets
Liquidity 52-1
short-term debt 0.1% · cash 1.7%
Profitability 36-2
return on assets -0.5%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,557 companies, NACE 68, micro)
Last 24 months 11-2024: 2.1% 12-2024: 2.1%● unchanged vs 11-2024 01-2025: 2.1%● unchanged vs 12-2024 02-2025: 2.1%● unchanged vs 01-2025 03-2025: 2.1%● unchanged vs 02-2025 04-2025: 2.0%▼ -0.1 percentage points vs 03-2025 05-2025: 1.0%▼ -1.0 percentage point vs 04-2025 06-2025: 1.0%● unchanged vs 05-2025 07-2025: 3.6%▲ +2.6 percentage points vs 06-2025highest value 08-2025: 3.6%● unchanged vs 07-2025highest value 09-2025: 3.6%● unchanged vs 08-2025highest value 10-2025: 3.6%● unchanged vs 09-2025highest value 11-2025: 3.6%● unchanged vs 10-2025highest value 12-2025: 3.6%● unchanged vs 11-2025highest value 01-2026: 3.6%● unchanged vs 12-2025 02-2026: 1.0%▼ -2.6 percentage points vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 0.4%▼ -0.6 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.3%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.3%● unchanged vs 07-2026lowest value 09-2026: 0.3%● unchanged vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €90,000 on 30-day terms is acceptable
short-term debt: 0.1% and cash: 1.7% of total assets, and 27% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 80% on solvency, 59% on liquidity, 32% on profitability and 99% on growth.

The bankruptcy probability was computed on 09-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €1.5m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
lowers risk · Figures for financial year 2025 (filed 28-04-2026)
NBB · annual accounts
lowers risk · 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 €1.1m
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 28-04-2026, 94 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
94 days early
2024
115 days early
2023
35 days early
2022
28 days late
2021
61 days late
2020
60 days late
2019
101 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 1 day after the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 27 June (4 of the last 5 filed years within 81 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€7,547
  3. Equity above €1mequity €1.1m ▲1,247%

Key points

  • Positive: Equity rose in 2025from €78,932 to €1.1m ▲ 1,247% View
  • Positive: Among the best 8% on equitysector median €73,664 · 16,901 companies €1.1m View
  • Controlled by BLegal Consult 100% View

By topic

Financials

Financial year
2025
Total assets
€1.5m
Loss
-€7,547
Solvency
73.0%
Total assets▲ 1,740%
Net result
20182025
Go to Financials

Timeline

Events
41
Since
1995
Next accounts
by 31-07-2027
  1. 07-04-2025Annual accounts filed
  2. 31-12-2024Liquidity more than 297 times
  3. 26-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Real estate agency activitiesNACE 68310
Founded
28-01-1994
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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