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IMROVAM

Active Public limited companyfounded 1993active for 32 yearsBellevuedreef 8, 2970 SchildeKBO/BCE: BE 0451.767.503

Lifetime

19 annual accounts with figures on one time axis, 30 filings since 1995
peak €821,568 (2018)
€84,306▼ 1.7%
lowest -€52,155 (2016)
€32,312▼ 48.4%
peak €1.7m (2025)
€1.7m▲ 2.0%
€627,122▼ 24.0%
peak 0 FTE (2017)
-not published
Board5 names since 2005
4 directors and 3 others
Documentsfilings and deeds
08-01-202623 days before the deadline
2025abbreviated format
Result from €62,565 to €32,312Debts from €824,877 to €627,122Investments €113,105Cash from €258,261 to €125,892

Key points

from the 2025 annual accounts

Turnover

≈ €250,000 estimated

The abbreviated format states no turnover.

Investments

€113,105 2.6 × depreciation
2022202320242025

Green is investment, beige is depreciation. Land and buildings stand 13.0% higher than in 2024.

Filings

30 annual accounts since 1995
deadline200020102020

Four of the last ten came late. The 2022 accounts came latest: 24 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as IMROVAM has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,768 companies, not a prediction for IMROVAM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Chair
Director, since 14-11-2005
Director, since 14-11-2005
Director, since 14-11-2005
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0451767503
Merger: APROVAM takes over IMROVAM Company renamed from APROVAM to IMROVAM · Permanent representative: · Resignations: , , IMROVAM and APROVAM · General meeting of 15-07-2022 · Gazette deed
Merger proposal: Aprovam takes over Imrovam The company holds all the shares of Imrovam · Gazette deed
3 directors reappointed (managing director), and Imrovam NV · Permanent representative: · General meeting of 02-10-2017 · Gazette deed
All 48 events

Official details

Source: KBO
Status
Active since 31-12-1993Normal situation
Activity
“Een patrimonium bestaande uit roerende en onroerende goederen te verwerven, te behouden in de…” (deed in Dutch)From the articles, 5 activitiesNo NACE code in the KBO yet
Establishment unit
2.066.490.7702000 Antwerp, since 19-04-1994
Financial year end
30 June
Peppol
Reachable since 21-11-2025
Company details

Annual accounts to 30-06-2025

€2.3m▼ 6.8%
Filing
Filed on 08-01-2026, 23 days before the end of the filing period
Financials

Insights on IMROVAM

IMROVAM files the abbreviated format. That format states no turnover. The gross margin rose from €72,426 in 2007 to €84,306 in 2025.

The balance sheet grew most from 2011 to 2012 through fixed assets.

In August 2022, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about IMROVAM

What is the company number of IMROVAM?
The company number of IMROVAM is 0451.767.503. The VAT number is the same number with BE in front: BE 0451.767.503.
Where is IMROVAM based?
The registered office is at Bellevuedreef 8, 2970 Schilde.Company details
What is the legal form of IMROVAM?
IMROVAM is a public limited company (NV).
When was IMROVAM founded?
IMROVAM was founded on 31-12-1993.
Is IMROVAM still active?
Yes, IMROVAM is an active enterprise in the KBO register.
What is the turnover of IMROVAM?
The turnover in financial year 2025 is ≈ €250,000. This figure is estimated from the gross margin of €84,306 and 987 comparable companies of the same size. It probably lies between €150,000 and €490,000. It is a rough estimate. In financial year 2023 turnover was €104,142.Financials
Is IMROVAM profitable?
In financial year 2025, IMROVAM made a profit of €32,312.
Where can I find the annual accounts of IMROVAM?
IMROVAM filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IMROVAM due?
IMROVAM must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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