F.W. IMCO
ActiveF.W. IMCO has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €125k and a net result of €90k. Equity remains stable across the filed fiscal years (±1.3% per year). Its solvency ranks better than 45% of 8647 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+7
Solvency72▼-26
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 1.87 against 3.46 in 2024; short-term debt: 53.2% and cash: 64.2% of total assets), but 53.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
46.8%
Return on assets
33.6%
Age of the figures
9 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 27-03-2026, 126 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
126 d early
2024
7 d early
2023
49 d early
2022
41 d early
2021
32 d early
2020
36 d early
2019
26 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€125k▼ 7.4%
2024 · €135k
2018: €143k
2019: €205k
2020: €120k
2021: €101k
2022: €170k
2023: €250k
2024: €135k
2018 → 2025
Total assets
€268k▲ 45.1%
2024 · €185k
2018: €165k
2019: €215k
2020: €141k
2021: €177k
2022: €246k
2023: €292k
2024: €185k
2018 → 2025
Net result
€90k▲ 155%
2024 · €35k
2018: €60k
2019: €63k
2020: €50k
2021: €64k
2022: €69k
2023: €80k
2024: €35k
2018 → 2025
Working capital
€124k▲ 2.2%
2024 · €121k
2018: €140k
2019: €203k
2020: €117k
2021: €96k
2022: €160k
2023: €245k
2024: €121k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€101k-€170k▲ 67.7%€250k▲ 47.3%€135k▼ 45.9%€125k▼ 7.4%
Operating result€86k-€94k▲ 9.0%€102k▲ 8.5%€45k▼ 56.2%€115k▲ 157%
Net result€64k-€69k▲ 7.4%€80k▲ 17.1%€35k▼ 56.0%€90k▲ 155%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 157% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €268k
Fixed assets
€1k▼ 91.6%
Current assets
€267k▲ 56.2%
Equity and liabilities €268k
Equity
€125k▼ 7.4%
Debt
€143k▲ 189%
The debt ratio rises from 26.7% to 53.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€117k▲
2024 · €49k
Cash flow
€92k▲
2024 · €40k
Solvency
46.8%▼
2024 · 73.3%
Current ratio
1.87▼
2024 · 3.46
Quick ratio
1.87▼
2024 · 3.46
Debt / equity
1.14▲
2024 · 0.36
ROE
71.8%▲
2024 · 26.1%
ROA
33.6%▲
2024 · 19.1%
Interest coverage
140.67▲
2024 · 109.96
Debt
€143k▲
2024 · €49k
Debt ≤ 1 year
€143k▲
2024 · €49k
Income taxes
€27k▲
2024 · €10k
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€185k€268k▲
Fixed assets21/28€14k€1k▼
Tangible fixed assets22/27€14k€1k▼
Furniture and vehicles24€14k€981▼
Other tangible fixed assets26€210€178▼
Current assets29/58€171k€267k▲
Amounts receivable within one year40/41€14k€24k▲
Trade receivables40€11k€21k▲
Other amounts receivable41€3k€3k▲
Current investments50/53€50k€69k▲
Cash at bank and in hand54/58€103k€172k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€185k€268k▲
Equity10/15€135k€125k▼
Contributions10/11€19k€19k=
Reserves13€116k€106k▼
Distributable reserves133€116k€106k▼
Profit (loss) carried forward14€550€591▲
Amounts payable17/49€49k€143k▲
Amounts payable within one year42/48€49k€143k▲
Trade debts44€334€555▲
Suppliers440/4€334€555▲
Taxes, remuneration and social security45€8k€19k▲
Taxes450/3€8k€19k▲
Other amounts payable47/48€41k€124k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€50k€119k▲
Operating profit (loss)9901€45k€115k▲
Financial income75/76B€805€3k▲
Recurring financial income75€805€3k▲
Financial charges65/66B€447€834▲
Recurring financial charges65€447€834▲
Profit (loss) for the period before taxes9903€45k€117k▲
Income taxes67/77€10k€27k▲
Profit (loss) for the period9904€35k€90k▲
Profit (loss) for the period to be appropriated9905€35k€90k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€91k▲
Profit (loss) brought forward from the previous period14P€218€550▲
Transfer from equity791/2€150k€100k▼
Transfer to equity691/2€35k€90k▲
To other reserves6921€35k€90k▲
Profit to be distributed694/7€150k€100k▼
Return on contributions (dividend)694€150k€100k▼
The notes to these accounts (6 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
27-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €90k ▲155%
Operating result €115k, net result €90k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €35k ▼56%
Net result drops to €35k, the lowest in the series; recovery starts the following year.
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 7.12
Current ratio from 3.10 to 7.12; short-term debt falls from €76k to €40k.
31-12
Financial
Equity above €200kEq €250k ▲47.3%
6 profitable years in a row build equity to €250k.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €150kEq €170k ▲67.7%
5 profitable years in a row build equity to €170k.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
26-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 21.50
Current ratio from 7.13 to 21.50; short-term debt falls from €23k to €10k.
31-12
Financial
Equity above €200kEq €205k ▲43.9%
2 profitable years in a row build equity to €205k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kortenberg · 1 establishment unit since 2016
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.
Heuve 103071 KortenbergGround area
847 m²
Building footprint
179 m²
Volume, LiDAR
1,169 m³
Parcel 24025B0206/00L000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
F.W. IMCO
since 20162.258.852.856
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24025B0206/00L000 | Flanders | 847 m² | 1 · 179 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 40,842 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-2016
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
43240Other construction installation
43299Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
47529Retail trade
70210Activities of head offices; management consultancy activities
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.