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IMMOLAROUE

Active
Public limited companyfounded 2000active for 26 yearsKlaverstraat 17, 1070 Anderlecht, BelgiumKBO/BCE: BE 0472.545.495
Summary

IMMOLAROUE has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €980,819 and a net result of -€313,198. Equity is shrinking by about 8.7% per year across the filed financial years. Its solvency ranks better than 50% of 5,756 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203Other specialised construction activities NACE 43990
1 site
Size
€18,565turnover 2025
Staff
0.2 FTE
Equity
€980,819
Loss
-€313,198
Financial health
80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Parent
BELGALFA CONSTRUCT · 87.71%
Accounts on time4 of 25 deeds read
Why 80raises riskLoss of €313,198, the second in a row (financial year 2025)Liquidity: current ratio 0.13, cash €13,423lowers riskSize: turnover €18,565, 0.2 FTE, total assets €2.6mFigures for financial year 2025 (filed 31-07-2026)Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 26% of its sector peers (NACE 68, micro)
Financial strength · tick = 2024
Weak
Solvency 63-19
equity 38.4% of total assets
Liquidity 19-11
short-term debt 61.1% · cash 0.5%
Profitability 2=
return on assets -12.2%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,604 companies, NACE 68, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.3 percentage points vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.3%▼ -0.1 percentage points vs 06-2026 08-2026: 0.4%▲ +0.1 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.13, compared with 0.21 in 2024, below 1; short-term debt: 61.1% and cash: 0.5% of total assets), and 61.6% of the assets are financed with debt and provisions.
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 56% on solvency, 15% on liquidity, 9% on profitability and 24% on growth.

The bankruptcy probability was computed on 21-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €313,198, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Size: turnover €18,565, 0.2 FTE, total assets €2.6m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.13, cash €13,423
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 31-07-2026)
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€313,198
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
6 days late
2023
28 days late
2022
30 days late
2021
5 days late
2020
18 days late
2019
39 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 18 days 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.

Searched, nothing found (2)
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 6 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Weakest financial yearnet -€313,198
  3. Appointments: Odile DHERTE (day-to-day manager) and…Gazette deed

Key points

  • Risk: 8 loss-making years in a rowloss financial year 2025 -€313,198 View
  • Caution: Among the weakest 10% on net resultsector median €20,550 · 5,762 companies -€313,198 View
  • Controlled by BELGALFA CONSTRUCT 87.71% View

By topic

Financials

Financial year
2025
Turnover
€18,565
Loss
-€313,198
Solvency
38.4%
Turnover▼ 9.7%
Net result
20182025
Go to Financials

Board & ownership

Board
3 members
Parent
BELGALFA CONSTRUCT · 87.71%
  • Georg MOSIMANNDirector
  • Jean Pierre DherteManaging director
  • Michel De GreefDirector
Go to Board & ownership

Timeline

Events
31
Since
2001
Next accounts
by 31-07-2027
  1. 11-09-2025Reappointment: Jean Pierre DHERTE (director)
  2. 06-08-2025Annual accounts filed
  3. 11-09-2024Reappointments: Georg MOSIMANN (director) and Michel De…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
07-08-2000
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
18
Annual meeting
Third Thursday of June at 11:30
Purpose
“L’exploitation et le développement d’un patrimoine mobilier et immobilier et la mise à…” (deed in French)
Statutory auditor
No statutory auditor
Go to Articles of association

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