IMMO TB & DISTRIBUTION
ActiveIMMO TB & DISTRIBUTION has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.41M and a net result of €183k. Equity is growing by ~32% per year across the filed fiscal years. Its solvency ranks better than 70% of 13905 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
71
/ 100
Healthy▲ +38 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability65▲+65
Solvency64▲+5
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.06 in 2024), and 42.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
57.3%
Return on assets
7.4%
Age of the figures
8 mo
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
on the day
2023
36 d early
2022
22 d late
2021
4 d early
2020
26 d late
2019
34 d late
← before the deadline
after the deadline →
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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€1.41M▲ 14.9%
2024 · €1.23M
2018: €-4k
2019: €39k
2020: €84k
2021: €128k
2022: €1.30M
2023: €1.31M
2024: €1.23M
2018 → 2025
Total assets
€2.46M▼ 5.6%
2024 · €2.61M
2018: €2.17M
2019: €2.04M
2020: €1.99M
2021: €1.87M
2022: €2.87M
2023: €2.71M
2024: €2.61M
2018 → 2025
Net result
€183k
2024 · €-83k
2018: €4k
2019: €43k
2020: €45k
2021: €44k
2022: €42k
2023: €6k
2024: €-83k
2018 → 2025
Working capital
€-583k▲ 34.4%
2024 · €-890k
2018: €-970k
2019: €-976k
2020: €-887k
2021: €-887k
2022: €-878k
2023: €-835k
2024: €-890k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€128k-€1.30M▲ 918%€1.31M▲ 0.5%€1.23M▼ 6.3%€1.41M▲ 14.9%
Operating result€67k-€66k▼ 0.9%€24k▼ 63.6%€-69k€233k
Net result€44k-€42k▼ 5.1%€6k▼ 85.5%€-83k€183k
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: €233k after a loss of €69k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.46M
Fixed assets
€2.35M▼ 8.1%
Current assets
€116k▲ 110%
Equity and liabilities €2.46M
Equity
€1.41M▲ 14.9%
Debt
€1.05M▼ 23.9%
The debt ratio falls from 53.0% to 42.7%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€409k▲
2024 · €107k
Cash flow
€360k▲
2024 · €93k
Solvency
57.3%▲
2024 · 47.0%
Current ratio
0.17▲
2024 · 0.06
Quick ratio
0.17▲
2024 · 0.06
Debt / equity
0.75▼
2024 · 1.13
ROE
13.0%▲
2024 · -6.7%
ROA
7.4%▲
2024 · -3.2%
Interest coverage
32.16▲
2024 · 7.59
Debt
€1.05M▼
2024 · €1.38M
Debt ≤ 1 year
€700k▼
2024 · €945k
Debt > 1 year
€353k▼
2024 · €438k
Income taxes
€37k
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€2.61M€2.46M▼
Fixed assets21/28€2.56M€2.35M▼
Tangible fixed assets22/27€2.55M€2.34M▼
Land and buildings22€2.52M€2.34M▼
Plant, machinery and equipment23€31k€6k▼
Furniture and vehicles24€90-
Financial fixed assets28€3k€3k=
Current assets29/58€56k€116k▲
Amounts receivable within one year40/41€56k€5k▼
Trade receivables40€56k€5k▼
Cash at bank and in hand54/58-€111k
Equity and liabilities
Total equity and liabilities10/49€2.61M€2.46M▼
Equity10/15€1.23M€1.41M▲
Contributions10/11€1.25M€1.25M=
Reserves13€50€50=
Non-distributable reserves130/1€50€50=
Reserves not available under the articles1311€50€50=
Profit (loss) carried forward14€-25k€158k▲
Amounts payable17/49€1.38M€1.05M▼
Amounts payable after more than one year17€438k€353k▼
Financial debts170/4€438k€353k▼
Amounts payable within one year42/48€945k€700k▼
Current portion of amounts payable after more than one year42€134k€108k▼
Financial debts43€7k-
Credit institutions430/8€7k-
Trade debts44€44k€3k▼
Suppliers440/4€44k€3k▼
Taxes, remuneration and social security45€3k€38k▲
Taxes450/3€3k€38k▲
Other amounts payable47/48€757k€551k▼
Income statement
Code20242025
Non-recurring operating income76A-€76k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€176k€177k▲
Other operating charges640/8€16k€15k▼
Non-recurring operating charges66A-€10k
Gross operating margin9900€124k€434k▲
Operating profit (loss)9901€-69k€233k▲
Financial income75/76B€70€70=
Recurring financial income75€70€70=
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Profit (loss) for the period before taxes9903€-83k€220k▲
Income taxes67/77-€37k
Profit (loss) for the period9904€-83k€183k▲
Profit (loss) for the period to be appropriated9905€-83k€183k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€158k▲
Profit (loss) brought forward from the previous period14P€58k€-25k▼
The notes to these accounts (9 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €183k
Net result €183k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-83k ▼1457%
Net result drops to €-83k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Equity above €1MEq €1.30M ▲918%
5 profitable years in a row build equity to €1.30M.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €128k ▲53%
4 profitable years in a row build equity to €128k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
2019
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
17-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 17 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 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, Farciennes · 1 establishment unit since 2017
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.
Rue du Roton(FAR) 126240 FarciennesGround area
4,584 m²
Building footprint
2,757 m²
Volume, LiDAR
18,771 m³
2 parcels, Wallonia · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BJORN'S
since 20172.262.743.051
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52018A0105/00N003 | Wallonia | 4,174 m² | 1 · 2,668 m² | 10.0 m · 2 fl. |
| 52018D0499/00W002 | Wallonia | 410 m² | 1 · 89 m² | 8.5 m · 1 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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IMMO APB BRUX
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Van Mossel Leyssen
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HUYS GERMEYS
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Of 11,974 companies in sector 68203 we hold annual accounts for 5,947. 3,879 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-06-2000
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
93122Sports, amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.