Checked.be
Active
BE 0553.457.056Private limited company
Immo P&S
Dorpsstraat(STE) 81 ·9190 Stekene, Belgium· 12 yrs active
Sector: Renting and operating of own or leased non-residential real estate, excluding land
(68203)
Conclusion
Immo P&S has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €25k. Equity is growing by ~154.1% per year across the filed fiscal years. Its solvency ranks better than 33% of 1363 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €34k |
| Net result | €25k |
| Better than sector | 33% |
| Active | 12 yrs |
Financial profile
67
/ 100
Strong profile, led by profitability.
All 5 axes are computed from data Checked has read.
Health
51
Profitability
100
Solvency
4
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Established
Founded in 2014, 12 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
51
/ 100
Fair
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.
Indicative credit limit
€2k
estimate, not credit advice
Score history
23
2023
51
2024
51
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.23 (< 1.0)
-10
Quick ratio
Quick ratio 0.23 (< 0.6)
-5
Leverage
Debt/equity 15.45 (> 3.0)
-10
Profitability
ROE 75% (≥ 10%)
+10
Interest coverage
Interest coverage 7.0× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 02-10-2025 with the NBB · fiscal year 2025 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~154.1%/year over 3 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 6.1% | 22.9% | |
| Net result | €25k | €10k | |
| Equity | €34k | €44k | |
| Gross operating margin | €87k | €39k | |
| Total assets | €554k | €293k |
€82k
+8.6%
23-25
€25k
+3.6%
23-25
€68k
+2.3%
23-25
€554k
-4.1%
23-25
€34k
+305.4%
23-25
€-153k
+5.3%
23-25
€2k
+1303000.0%
23-25
€520k
-8.6%
23-25
€198k
+0.5%
23-25
€322k
-13.5%
23-25
0.23
+26.7%
23-25
0.23
+26.7%
23-25
6.1%
+322.8%
23-25
15.45
-77.5%
23-25
75.3%
-74.4%
23-25
4.6%
+8.1%
23-25
7.00
-14.7%
23-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €82k | €76k | €24k |
| Net profit | €25k | €24k | €-27k |
| Cash flow | €68k | €66k | €15k |
| Staff costs | - | - | - |
| Income taxes | €2k | €0 | - |
| Dividends | - | - | - |
| Total assets | €554k | €578k | €600k |
| Equity | €34k | €8k | €-16k |
| Debt | €520k | €570k | €617k |
| of which ≤ 1y | €198k | €197k | €192k |
| of which > 1y | €322k | €373k | €423k |
| Working capital | €-153k | €-162k | €-175k |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 0.23 | 0.18 | 0.09 |
| Quick ratio | 0.23 | 0.18 | 0.09 |
| Working capital ratio | -27.7% | -28.0% | -29.2% |
| Solvency | 6.1% | 1.4% | -2.7% |
| Debt / equity | 15.45 | 68.58 | -38.11 |
| Long-term debt ratio | 9.57 | 44.86 | -26.15 |
| Interest coverage | 7.00 | 8.21 | 2.77 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 4.6% | 4.2% | -4.5% |
| ROE | 75.3% | 294.8% | 166.0% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €554k | €578k | €600k |
| Fixed assets | 21/28 | €509k | €543k | €584k |
| Tangible fixed assets | 22/27 | €509k | €543k | €584k |
| Current assets | 29/58 | €45k | €35k | €17k |
| Amounts receivable within one year | 40/41 | €23k | - | €16k |
| Cash & bank | 54/58 | €22k | €35k | €550 |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €554k | €578k | €600k |
| Equity | 10/15 | €34k | €8k | €-16k |
| Contributions / capital | 10/11 | €19k | €19k | €19k |
| Reserves | 13 | €15k | €1k | €1k |
| Accumulated profits (losses) | 14 | - | €-11k | €-36k |
| Amounts payable | 17/49 | €520k | €570k | €617k |
| Amounts payable after one year | 17 | €322k | €373k | €423k |
| Amounts payable within one year | 42/48 | €198k | €197k | €192k |
| Trade debts payable within one year | 44 | €950 | €1k | €980 |
| Income statement | ||||
| Gross operating margin | 9900 | €87k | €81k | €28k |
| Operating result | 9901 | €40k | €34k | €-18k |
| Financial income | 75 | €4 | €1 | - |
| Financial charges | 65 | €12k | €9k | €9k |
| Result before taxes | 9903 | €28k | €24k | €-27k |
| Income taxes | 67/77 | €2k | €0 | - |
| Net result for the period | 9904 | €25k | €24k | €-27k |
| Result to be appropriated | 9905 | €25k | €24k | €-27k |
Legal Structure
| NACE primary | Renting and operating of own or leased non-residential real estate, excluding land(68203) |
| Legal form | Private limited company(610) |
| Incorporation | 27-05-2014 |
| Status | Active |
| Postal code | 9190 |
Establishment units
Immo P&S
since 20142.231.769.961
Real-estate footprint
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46024A1079/00C000 | Flanders | 1,319 m² | 1 · 372 m² | 13.7 m · 1 fl. |
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.
Updates
Next filing, fiscal year 2026, expected by
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2023net €25k ▲3.6%
Operating result €40k, net result €25k, both a record.
2024
10-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 10 days late
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
04-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Renting and operating of own or leased non-residential real estate, excluding land68203Office administrative and support services82100Office administrative, office support and other business support activities82110
Names & trade names
| Legal nameNL | Immo P&S |
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