Age43 yrs
Real estate2 parcels · 1.0 ha
Summary
Conclusion
the dossier summarised in one paragraphThe KBO register records legal situation 050 for Immowill (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €1.05M and a net result of €176k.
Based on the State Gazette, CBE and 3 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Signals
Insufficient current data: the most recent filed accounts (financial year 2020) are too old to derive current signals.
Filing behaviour
From the deposit records, complete market-wideFiling behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 9 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2020, that is 31-07-2021.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | nothing on record | not filed | - |
| 31-12-2023 | 31-07-2024 | nothing on record | not filed | - |
| 31-12-2022 | 31-07-2023 | nothing on record | not filed | - |
| 31-12-2021 | 31-07-2022 | nothing on record | not filed | - |
| 31-12-2020 | 31-07-2021 | 31-08-2021 | 31 d late | 2021-64800362 |
| 31-12-2019 | 31-07-2020 | 17-11-2020 | 109 d late | 2020-71000170 |
| 31-12-2018 | 31-07-2019 | 04-05-2020 | 278 d late | 2020-11300599 |
| 31-12-2017 | 31-07-2018 | 05-02-2019 | 189 d late | 2019-04300252 |
| 31-12-2016 | 31-07-2017 | 22-05-2018 | 295 d late | 2018-14000074 |
| 31-12-2015 | 31-07-2016 | 27-09-2016 | 58 d late | 2016-62100464 |
| 31-12-2014 | 31-07-2015 | 07-04-2015 | 115 d early | 2015-09100007 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
1 signalRegister: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
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.
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€176k
Working capital€-730k+1.3%
Annual accounts & ratios
Source: NBB · 2020Annual accounts filed on 31-08-2021 with the NBB · fiscal year 2020 · volledig
€10k
-50.2%
18-20
€176k
-
18-20
€186k
-
18-20
€1.93M
+3.8%
18-20
€1.05M
+1.6%
18-20
€-730k
+1.3%
18-20
€59k
+462.0%
18-20
€887k
+19.5%
18-20
Show 8 other metrics
€887k
+19.6%
18-20
€892k
-
18-20
0.18
+4369.8%
18-20
0.18
+4369.8%
18-20
54.2%
-2.1%
18-20
0.84
-
18-20
16.8%
-
18-20
9.1%
-
18-20
Figures by fiscal year
| Fiscal year | 2020 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €10k |
| Net profit | €176k |
| Cash flow | €186k |
| Staff costs | - |
| Income taxes | €59k |
| Dividends | - |
| Total assets | €1.93M |
| Equity | €1.05M |
| Debt | €887k |
| of which ≤ 1y | €887k |
| of which > 1y | - |
| Working capital | €-730k |
| Employees (FTE) | - |
Ratios (computed)
| 2020 | |
|---|---|
| Current ratio | 0.18 |
| Quick ratio | 0.18 |
| Working capital ratio | -37.7% |
| Solvency | 54.2% |
| Debt / equity | - |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 9.1% |
| ROE | 16.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2020
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2020 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.93M |
| Fixed assets | 21/28 | €1.78M |
| Tangible fixed assets | 22/27 | €185k |
| Financial fixed assets | 28 | €1.59M |
| Current assets | 29/58 | €157k |
| Amounts receivable within one year | 40/41 | €157k |
| Cash & bank | 54/58 | €437 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.93M |
| Equity | 10/15 | €1.05M |
| Contributions / capital | 10/11 | €850k |
| Reserves | 13 | €21k |
| Accumulated profits (losses) | 14 | €176k |
| Amounts payable | 17/49 | €887k |
| Amounts payable within one year | 42/48 | €887k |
| Trade debts payable within one year | 44 | €59k |
| Income statement | ||
| Gross operating margin | 9900 | €31k |
| Operating result | 9901 | €351 |
| Financial charges | 65 | €15k |
| Result before taxes | 9903 | €-14k |
| Income taxes | 67/77 | €59k |
| Net result for the period | 9904 | €17k |
| Result to be appropriated | 9905 | €192k |
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2020 · computed0
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2020 and the legal situation the KBO register itself records. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationEstablishment
since 19832.037.917.540
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area1.0 ha
Buildings2
Building footprint3,368 m²
Volume (LiDAR)32,544 m³
Tallest building18.0 m · ±5 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52034B1039/00Z004 | Wallonia | 9,994 m² | 1 · 3,265 m² | 11.1 m · 3 fl. |
| 21364B0196/00N004 | Brussels | 236 m² | 1 · 103 m² | 18.0 m · 5 fl. |
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.
Publications
Lifecycle & Insolvency Signals
No insolvency signals found in the Belgian State Gazette. The KBO register does record a special legal situation for this company, so do not read this as a clean bill of health.
Belgian State Gazette · acts
0 of 8 acts readWe know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.
Analysis
Financial profile
5 of 5 axes measured38
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
84
Solvency
50
Growth
58
Stability
0
Credit advice
verdict per customer and amountCompany registry
Company registry (CBE)
Crossroads BankNames & trade names
| Legal nameFR | Immowill |
Registered office
Zoning de Jumet,4ème rue 33
6040 Charleroi, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.