PROFIMMO
ActiveSummary
PROFIMMO has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €609k and a net result of €234k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 70% of 9715 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability91▲+91
Solvency80▼-20
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 2.24 against 17.58 in 2023; short-term debt: 44.7% and cash: 39.7% of total assets), and 44.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
55.3%
Return on assets
21.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-06-2025, 50 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
50 d early
2023
47 d early
2022
46 d early
2021
46 d early
2020
50 d early
2019
51 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€609k▲ 17.6%
2023 · €518k
2018: €606k
2019: €548k▼ -9.5% vs 2018
2020: €606k▲ +10.5% vs 2019
2021: €609k▲ +0.6% vs 2020highest in 7 years
2022: €609k● 0.0% vs 2021highest in 7 years
2023: €518k▼ -15.0% vs 2022lowest in 7 years
2024: €609k▲ +17.6% vs 2023highest in 7 years
2018 → 2024
Total assets
€1.10M▲ 101%
2023 · €549k
2018: €633k
2019: €1.73M▲ +174% vs 2018highest in 7 years
2020: €912k▼ -47.4% vs 2019
2021: €1.58M▲ +73.1% vs 2020
2022: €967k▼ -38.7% vs 2021
2023: €549k▼ -43.2% vs 2022lowest in 7 years
2024: €1.10M▲ +101% vs 2023
2018 → 2024
Net result
€234k
2023 · €-91k
2018: €245k
2019: €-58k▼ -124% vs 2018
2020: €343k▲ +693% vs 2019highest in 7 years
2021: €3k▼ -99.0% vs 2020
2022: €178k▲ +5187% vs 2021
2023: €-91k▼ -151% vs 2022lowest in 7 years
2024: €234k▲ +357% vs 2023
2018 → 2024
Working capital
€609k▲ 17.8%
2023 · €517k
2018: €604k
2019: €546k▼ -9.6% vs 2018
2020: €601k▲ +10.2% vs 2019
2021: €606k▲ +0.7% vs 2020
2022: €608k▲ +0.4% vs 2021
2023: €517k▼ -14.9% vs 2022lowest in 7 years
2024: €609k▲ +17.8% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€606k-€609k▲ 0.6%€609k=€518k▼ 15.0%€609k▲ 17.6%
2020: €606k
2021: €609k▲ +0.6% vs 2020highest in 5 years
2022: €609k● 0.0% vs 2021highest in 5 years
2023: €518k▼ -15.0% vs 2022lowest in 5 years
2024: €609k▲ +17.6% vs 2023highest in 5 years
Operating result€443k-€-4k€232k€-91k€281k
2020: €443khighest in 5 years
2021: €-4k▼ -101% vs 2020
2022: €232k▲ +6318% vs 2021
2023: €-91k▼ -139% vs 2022lowest in 5 years
2024: €281k▲ +408% vs 2023
Net result€343k-€3k▼ 99.0%€178k▲ 5,187%€-91k€234k
2020: €343khighest in 5 years
2021: €3k▼ -99.0% vs 2020
2022: €178k▲ +5187% vs 2021
2023: €-91k▼ -151% vs 2022lowest in 5 years
2024: €234k▲ +357% vs 2023
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €281k after a loss of €91k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €1.10M
Equity
€609k ▲ 17.6%
Debt
€492k ▲ 1,478%
Debt's share of the balance-sheet total rises from 5.7% to 44.7%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.24▼
2023 · 17.58
Quick ratio
2.09▼
2023 · 14.94
Debt to equity
0.81▲
2023 · 0.06
ROE
38.4%▲
2023 · -17.6%
ROA
21.2%▲
2023 · -16.6%
Debt ≤ 1 year
€492k▲
2023 · €31k
Income taxes
€49k
Staff costs
€81k▲
2023 · €79k
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 · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€549k€1.10M▲
Fixed assets21/28€764-
Financial fixed assets28€764-
Current assets29/58€548k€1.10M▲
Stocks and contracts in progress3€82k€71k▼
Stocks30/36€82k€71k▼
Amounts receivable within one year40/41€8k€81k▲
Trade receivables40-€56k
Other amounts receivable41€8k€25k▲
Current investments50/53-€500k
Cash at bank and in hand54/58€453k€438k▼
Deferred charges and accrued income490/1€5k€12k▲
Equity and liabilities
Total equity and liabilities10/49€549k€1.10M▲
Equity10/15€518k€609k▲
Contributions10/11€22k€22k=
Reserves13€587k€587k=
Distributable reserves133€587k€587k=
Profit (loss) carried forward14€-91k-
Amounts payable17/49€31k€492k▲
Amounts payable within one year42/48€31k€492k▲
Trade debts44€5k€120k▲
Suppliers440/4€5k€120k▲
Taxes, remuneration and social security45€20k€22k▲
Taxes450/3€11k€13k▲
Remuneration and social security454/9€9k€10k▲
Other amounts payable47/48€6k€350k▲
Income statement
Code20232024
Remuneration, social security and pensions62€79k€81k▲
Other operating charges640/8€3k€2k▼
Gross operating margin9900€-9k€363k▲
Operating profit (loss)9901€-91k€281k▲
Financial income75/76B€177€10k▲
Recurring financial income75€177€10k▲
Financial charges65/66B-€8k
Recurring financial charges65-€8k
Profit (loss) for the period before taxes9903€-91k€283k▲
Income taxes67/77-€49k
Profit (loss) for the period9904€-91k€234k▲
Profit (loss) for the period to be appropriated9905€-91k€234k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-91k€143k▲
Profit (loss) brought forward from the previous period14P-€-91k
Profit to be distributed694/7-€143k
Return on contributions (dividend)694-€143k
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €70k | €73k | €79k | €81k | ▲ 2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €595 | €595 | €18 | - | - | - |
| Other operating charges640/8 | - | €15k | €3k | €3k | €2k | ▼ 54.3% |
| Gross operating margin9900 | €517k | €82k | €308k | €-9k | €363k | ▲ 3,944% |
| Operating profit (loss)9901 | €443k | €-4k | €232k | €-91k | €281k | ▲ 408% |
| Financial income75/76B | - | €9k | €6k | €177 | €10k | ▲ 5,770% |
| Recurring financial income75 | €8k | €9k | €6k | €177 | €10k | ▲ 5,770% |
| Financial charges65/66B | - | €21 | €34 | - | €8k | - |
| Recurring financial charges65 | €12k | €21 | €34 | - | €8k | - |
| Profit (loss) for the period before taxes9903 | €439k | €6k | €239k | €-91k | €283k | ▲ 411% |
| Income taxes67/77 | €96k | €2k | €61k | - | €49k | - |
| Profit (loss) for the period9904 | €343k | €3k | €178k | €-91k | €234k | ▲ 357% |
| Profit (loss) for the period to be appropriated9905 | €343k | €3k | €178k | €-91k | €234k | ▲ 357% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €912k | €1.58M | €967k | €549k | €1.10M | ▲ 101% |
| Fixed assets21/28 | €4k | €3k | €1k | €764 | - | - |
| Tangible fixed assets22/27 | €613 | €18 | - | - | - | - |
| Furniture and vehicles24 | - | €18 | - | - | - | - |
| Financial fixed assets28 | €4k | €3k | €1k | €764 | - | - |
| Current assets29/58 | €907k | €1.58M | €966k | €548k | €1.10M | ▲ 101% |
| Stocks and contracts in progress3 | €347k | €1.06M | €225k | €82k | €71k | ▼ 13.7% |
| Stocks30/36 | - | €1.06M | €225k | €82k | €71k | ▼ 13.7% |
| Amounts receivable within one year40/41 | €4k | - | - | €8k | €81k | ▲ 900% |
| Trade receivables40 | - | - | - | - | €56k | - |
| Other amounts receivable41 | - | - | - | €8k | €25k | ▲ 211% |
| Current investments50/53 | - | - | - | - | €500k | - |
| Cash at bank and in hand54/58 | €553k | €509k | €734k | €453k | €438k | ▼ 3.4% |
| Deferred charges and accrued income490/1 | - | €9k | €7k | €5k | €12k | ▲ 136% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €912k | €1.58M | €967k | €549k | €1.10M | ▲ 101% |
| Equity10/15 | €606k | €609k | €609k | €518k | €609k | ▲ 17.6% |
| Contributions10/11 | - | €20k | €20k | €22k | €22k | = |
| Reserves13 | €586k | €586k | €589k | €587k | €587k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €584k | €587k | €587k | €587k | = |
| Profit (loss) carried forward14 | €245k | €3k | - | €-91k | - | - |
| Amounts payable17/49 | €306k | €969k | €358k | €31k | €492k | ▲ 1,478% |
| Amounts payable within one year42/48 | €306k | €969k | €358k | €31k | €492k | ▲ 1,478% |
| Trade debts44 | €6k | €57k | €40k | €5k | €120k | ▲ 2,233% |
| Suppliers440/4 | - | €57k | €40k | €5k | €120k | ▲ 2,233% |
| Taxes, remuneration and social security45 | - | €103k | €131k | €20k | €22k | ▲ 9.5% |
| Taxes450/3 | - | €95k | €122k | €11k | €13k | ▲ 16.5% |
| Remuneration and social security454/9 | - | €8k | €8k | €9k | €10k | ▲ 1.5% |
| Other amounts payable47/48 | - | €810k | €187k | €6k | €350k | ▲ 5,859% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €343k | €3k | €178k | €-91k | €234k | ▲ 357% |
| + Depreciation and write-downs630 | €595 | €595 | €18 | - | - | - |
| Operating cash flow (approximation) | €343k | €4k | €178k | €-91k | €234k | ▲ 357% |
| Investment in fixed assets (approximation) | - | €425 | €2k | €465 | - | - |
| Change in cash | - | €-45k | €226k | €-281k | €-16k | ▲ 94.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €234k
Net result €234k after one loss-making year.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-91k
Net result drops to €-91k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 7current ratio 17.58
Current ratio from 2.70 to 17.58; short-term debt falls from €358k to €31k.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €343k
Net result €343k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 2.97
Current ratio from 1.46 to 2.97; short-term debt falls from €1.18M to €306k.
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Show earlier events
2018
21-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Herentals · 1 establishment unit since 2008
Ground area
8,222 m²
Building footprint
325 m²
Volume, LiDAR
2,016 m³
Parcel 13302D0604/00C000, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
PROFIMMO
since 20082.173.600.744
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0604/00C000 | Flanders | 8,222 m² | 1 · 325 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
LAMI International
BE 0427.857.496
Ukkel · Eq €609,009
Zennepoort
BE 0807.488.673
Nijlen · Eq €609,529
PROJECT²
BE 0445.975.910
Antwerpen · Eq €608,494
JELEM
BE 0863.820.731
Berlaar · Eq €609,850
V² Construct
BE 0765.878.049
Scherpenheuvel-Zichem · Eq €609,911
Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 4,519 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-03-2000
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.