Immo Potijzer
ActiveSummary
Immo Potijzer has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47.80M and a net result of €161k. Equity is growing by ~11.9% per year across the filed fiscal years. Its solvency ranks better than 44% of 4539 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability61▼-3
Solvency56▲+18
Growth63▼-19
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.65 in 2024; short-term debt: 16.3% and cash: 0% of total assets), but 68.5% 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
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
31.5%
Return on assets
0.1%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
13 d late
2024
27 d early
2023
22 d early
2022
41 d early
2021
8 d late
2020
12 d early
2019
25 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€6.94M▲ 3.9%
2024 · €6.68M
2018: €2.54M
2019: €4.87M
2020: €5.17M
2021: €5.37M
2022: €6.44M
2023: €6.54M
2024: €6.68M
2018 → 2025
EBIT margin
29.2%▼ 19.1pp
2024 · 48.3%
2018: 64.5%
2019: -5.7%
2020: 30.8%
2021: 20.9%
2022: 37.2%
2023: 34.3%
2024: 48.3%
2018 → 2025
Net result
€161k▼ 84.3%
2024 · €1.03M
2018: €171k
2019: €-1.47M
2020: €548k
2021: €-489k
2022: €655k
2023: €492k
2024: €1.03M
2018 → 2025
Working capital
€16.93M▼ 0.4%
2024 · €16.99M
2018: €-3.75M
2019: €-66.99M
2020: €33.41M
2021: €28.14M
2022: €24.12M
2023: €19.95M
2024: €16.99M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€5.37M-€6.44M▲ 20.0%€6.54M▲ 1.6%€6.68M▲ 2.1%€6.94M▲ 3.9%
Equity€4.25M-€4.90M▲ 15.4%€5.39M▲ 10.0%€16.14M▲ 199%€47.80M▲ 196%
Operating result€1.12M-€2.40M▲ 114%€2.24M▼ 6.4%€3.23M▲ 43.8%€2.02M▼ 37.2%
Net result€-489k-€655k€492k▼ 24.9%€1.03M▲ 109%€161k▼ 84.3%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €151.89M
Fixed assets
€110.24M ▲ 33.8%
Current assets
€41.65M ▼ 3.8%
Equity and liabilities €151.90M
Equity
€47.80M ▲ 196%
Debt
€104.10M ▼ 5.0%
Debt's share of the balance-sheet total falls from 87.2% to 68.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€5.01M▼
2024 · €6.21M
Cash flow
€3.14M▼
2024 · €4.01M
Current ratio
1.68▲
2024 · 1.65
Debt to equity
2.18▼
2024 · 6.79
ROE
0.3%▼
2024 · 6.4%
ROA
0.1%▼
2024 · 0.8%
Interest coverage
2.77▼
2024 · 3.19
Debt ≤ 1 year
€24.72M▼
2024 · €26.28M
Debt > 1 year
€29.84M▼
2024 · €31.35M
Income taxes
€49k▼
2024 · €254k
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 · 76 lines
Balance sheet
Code20242025
Assets
Total assets20/58€125.66M€151.90M▲
Formation expenses20€20k€16k▼
Fixed assets21/28€82.37M€110.24M▲
Tangible fixed assets22/27€82.10M€109.97M▲
Land and buildings22€20.63M€19.96M▼
Plant, machinery and equipment23€96k€63k▼
Furniture and vehicles24€8k€6k▼
Leasing and similar rights25€45.68M€64.71M▲
Other tangible fixed assets26€15.01M€25.23M▲
Assets under construction and advance payments27€679k€0▼
Financial fixed assets28€266k€266k=
Affiliated companies280/1€260k€260k=
Participating interests280€260k€260k=
Other financial fixed assets284/8€6k€6k=
Amounts receivable and cash guarantees285/8€6k€6k=
Current assets29/58€43.27M€41.65M▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€280k€591k▲
Trade receivables40€206k€511k▲
Other amounts receivable41€74k€80k▲
Cash at bank and in hand54/58€7k€18k▲
Deferred charges and accrued income490/1€42.99M€41.04M▼
Equity and liabilities
Total equity and liabilities10/49€125.66M€151.90M▲
Equity10/15€16.14M€47.80M▲
Contributions10/11€431k€431k=
Capital10€431k€431k=
Issued capital100€431k€431k=
Revaluation surpluses12€9.72M€41.22M▲
Reserves13€5.99M€6.15M▲
Non-distributable reserves130/1€43k€43k=
Legal reserve130€43k€43k=
Distributable reserves133€5.94M€6.11M▲
Amounts payable17/49€109.52M€104.10M▼
Amounts payable after more than one year17€31.35M€29.84M▼
Financial debts170/4€31.35M€29.84M▼
Leasing and similar obligations172€29.50M€28.75M▼
Credit institutions173€1.85M€1.09M▼
Amounts payable within one year42/48€26.28M€24.72M▼
Current portion of amounts payable after more than one year42€3.98M€1.51M▼
Financial debts43€66k€0▼
Credit institutions430/8€66k€0▼
Trade debts44€467k€431k▼
Suppliers440/4€467k€431k▼
Taxes, remuneration and social security45€1.02M€574k▼
Taxes450/3€1.02M€574k▼
Other amounts payable47/48€20.75M€22.21M▲
Accrued charges and deferred income492/3€51.89M€49.54M▼
Income statement
Code20242025
Operating income70/76A€10.41M€9.45M▼
Turnover70€6.68M€6.94M▲
Other operating income74€174k€152k▼
Non-recurring operating income76A€3.55M€2.35M▼
Operating charges60/66A€7.18M€7.42M▲
Services and other goods61€1.32M€1.07M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.98M€2.98M▼
Other operating charges640/8€715k€725k▲
Non-recurring operating charges66A€2.16M€2.64M▲
Operating profit (loss)9901€3.23M€2.02M▼
Financial income75/76B€4k€195▼
Recurring financial income75€4k€195▼
Income from financial fixed assets750€0-
Income from current assets751€4k€195▼
Non-recurring financial income76B€42€0▼
Financial charges65/66B€1.95M€1.82M▼
Recurring financial charges65€1.95M€1.82M▼
Debt charges650€1.94M€1.81M▼
Other financial charges652/9€6k€5k▼
Non-recurring financial charges66B€0€0▲
Profit (loss) for the period before taxes9903€1.28M€210k▼
Income taxes67/77€254k€49k▼
Taxes670/3€254k€49k▼
Tax adjustments and reversals of tax provisions77-€130
Profit (loss) for the period9904€1.03M€161k▼
Profit (loss) for the period to be appropriated9905€1.03M€161k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.03M€161k▼
Transfer to equity691/2€1.03M€161k▼
To other reserves6921€1.03M€161k▼
The notes to these accounts (93 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
13-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 13 days late
2025
31-12
Financial
Equity above €25MEq €47.80M ▲196%
4 profitable years in a row build equity to €47.80M.
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €1.03M ▲109%
Operating result €3.23M, net result €1.03M, both a record.
31-12
Financial
Equity above €10MEq €16.14M ▲199%
3 profitable years in a row build equity to €16.14M.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €5MEq €5.39M ▲10%
2 profitable years in a row build equity to €5.39M.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €655k
Net result €655k after one loss-making year.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 8 days late
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €548k
Net result €548k after one loss-making year.
Show earlier events
31-12
Financial
Liquidity times 261current ratio 2.84
Current ratio from 0.01 to 2.84; short-term debt falls from €67.73M to €18.11M.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-1.47M ▼956%
Net result drops to €-1.47M, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
05-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 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, Kortrijk · 2 establishment units since 1991
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.
LAR Blok Z (Aal) 58511 KortrijkGround area
19.6 ha
Building footprint
5.9 ha
Volume, LiDAR
14,090 m³
2 parcels, Flanders · tallest building 30.0 m, ±10 floors. Linked by address, not a title deed.
2 establishment units
WEGGEVOERDENLAAN PROPERTIES
since 19912.052.951.649
WEGGEVOERDENLAAN PROPERTIES
since 20182.276.821.513
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34001A0684/00D000 | Flanders | 12.1 ha | 1 · 5.9 ha | - |
| 34022E0579/00T003 | Flanders | 7.5 ha | 1 · 536 m² | 29.9 m · 10 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 3 entries · 7,075 EUR awarded · 7,075 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | -208 EUR | 0 EUR |
| 2023 | 1 | 0 EUR | 7,075 EUR |
| 2022 | 1 | 7,283 EUR | 0 EUR |
Schemes
Ecologiepremie+
Similar companies · same sector, comparable size
INTERCOMMUNALE DE GESTION IMMOBILIERE LIEGEOISE
BE 0262.052.032
Liège · Eq €48.34M
FREMATO GROUP
BE 0439.830.365
Waregem · Eq €47.03M
MAXIGROUPE
BE 0447.873.348
Grez-Doiceau · Eq €46.25M
SOCIALISTISCHE EENDRACHT EN SOLIDARITEIT VAN BRABANT / UNION ET SOLIDARITE SOCIALISTE DU BRABANT
BE 0434.348.776
Brussel · Eq €49.50M
Getrans
BE 0411.923.564
Aalst · Eq €45.92M
Of 12,022 companies in sector 68203 we hold annual accounts for 5,986. 599 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
Founded29-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.