HVB - IMTC
ActiveHVB - IMTC has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €219k and a net result of €128k. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 18% of 9037 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability79▲+17
Solvency39▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.02 in 2023; short-term debt: 81.5% and cash: 1.7% of total assets), and 86.4% 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.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9037 sector peers (2024).
NBB · sector comparisonPosition among 9037 sector peers
Solvency
better than 18%
← weakest
strongest →
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 17-06-2025, 44 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
35 d early
2022
41 d early
2021
38 d early
2020
38 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€219k▲ 45.1%
2023 · €151k
2018: €13k
2019: €28k
2020: €48k
2021: €122k
2022: €128k
2023: €151k
2018 → 2024
Total assets
€1.61M▼ 10.6%
2023 · €1.80M
2018: €76k
2019: €181k
2020: €357k
2021: €675k
2022: €1.17M
2023: €1.80M
2018 → 2024
Net result
€128k▲ 442%
2023 · €24k
2018: €-5k
2019: €14k
2020: €21k
2021: €75k
2022: €36k
2023: €24k
2018 → 2024
Working capital
€114k▲ 265%
2023 · €31k
2018: €4k
2019: €-3k
2020: €12k
2021: €71k
2022: €9k
2023: €31k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€48k-€122k▲ 153%€128k▲ 4.9%€151k▲ 18.5%€219k▲ 45.1%
Operating result€29k-€98k▲ 236%€53k▼ 46.2%€51k▼ 4.1%€206k▲ 306%
Net result€21k-€75k▲ 264%€36k▼ 52.1%€24k▼ 34.2%€128k▲ 442%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 306% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.61M
Fixed assets
€184k▼ 23.3%
Current assets
€1.43M▼ 8.6%
Equity and liabilities €1.61M
Equity
€219k▲ 45.1%
Debt
€1.39M▼ 15.7%
The debt ratio falls from 91.6% to 86.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€263k▲
2023 · €100k
Cash flow
€185k▲
2023 · €73k
Solvency
13.6%▲
2023 · 8.4%
Current ratio
1.09▲
2023 · 1.02
Quick ratio
0.57▲
2023 · 0.45
Debt / equity
6.33▼
2023 · 10.90
ROE
58.4%▲
2023 · 15.6%
ROA
8.0%▲
2023 · 1.3%
Interest coverage
7.38▲
2023 · 5.01
Debt
€1.39M▼
2023 · €1.65M
Debt ≤ 1 year
€1.31M▼
2023 · €1.53M
Debt > 1 year
€75k▼
2023 · €116k
Income taxes
€43k▲
2023 · €7k
Staff costs
€240k▼
2023 · €275k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.80M€1.61M▼
Fixed assets21/28€239k€184k▼
Intangible fixed assets21€1k€613▼
Tangible fixed assets22/27€227k€172k▼
Plant, machinery and equipment23€115k€90k▼
Furniture and vehicles24€106k€78k▼
Other tangible fixed assets26€6k€4k▼
Financial fixed assets28€11k€11k=
Current assets29/58€1.56M€1.43M▼
Stocks and contracts in progress3€878k€683k▼
Stocks30/36€878k€683k▼
Amounts receivable within one year40/41€667k€713k▲
Trade receivables40€656k€713k▲
Other amounts receivable41€11k-
Cash at bank and in hand54/58€10k€27k▲
Deferred charges and accrued income490/1€6k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.80M€1.61M▼
Equity10/15€151k€219k▲
Contributions10/11€19k€19k=
Reserves13€132k€200k▲
Distributable reserves133€132k€200k▲
Profit (loss) carried forward14€602€749▲
Amounts payable17/49€1.65M€1.39M▼
Amounts payable after more than one year17€116k€75k▼
Financial debts170/4€116k€75k▼
Amounts payable within one year42/48€1.53M€1.31M▼
Current portion of amounts payable after more than one year42€44k€41k▼
Financial debts43€400k€300k▼
Credit institutions430/8€400k€300k▼
Trade debts44€977k€819k▼
Suppliers440/4€977k€819k▼
Taxes, remuneration and social security45€56k€69k▲
Taxes450/3€5k€27k▲
Remuneration and social security454/9€52k€42k▼
Other amounts payable47/48€52k€83k▲
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20232024
Non-recurring operating income76A€2k-
Remuneration, social security and pensions62€275k€240k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49k€57k▲
Other operating charges640/8€5k€10k▲
Non-recurring operating charges66A€118-
Gross operating margin9900€380k€513k▲
Operating profit (loss)9901€51k€206k▲
Financial income75/76B€391€1k▲
Recurring financial income75€391€1k▲
Financial charges65/66B€20k€36k▲
Recurring financial charges65€20k€36k▲
Profit (loss) for the period before taxes9903€31k€171k▲
Income taxes67/77€7k€43k▲
Profit (loss) for the period9904€24k€128k▲
Profit (loss) for the period to be appropriated9905€24k€128k▲
Appropriation of the result
Profit (loss) to be appropriated9906€25k€129k▲
Profit (loss) brought forward from the previous period14P€951€602▼
Transfer to equity691/2€24k€68k▲
To other reserves6921€24k€68k▲
Profit to be distributed694/7-€60k
Return on contributions (dividend)694-€60k
Social balance
Average headcount (FTE)90874.75.2▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €128k ▲442%
Operating result €206k, net result €128k, both a record.
31-12
Financial
Equity above €200kEq €219k ▲45.1%
6 profitable years in a row build equity to €219k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €150kEq €151k ▲18.5%
5 profitable years in a row build equity to €151k.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €122k ▲153%
3 profitable years in a row build equity to €122k.
23-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
31-01-2025
Resigned as Director
04-07-2023
Resigned as Director
Location & real-estate footprint
Registered office, Nazareth-De Pinte · 1 establishment unit since 2018
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.
Venecoweg 39810 Nazareth-De PinteGround area
2,811 m²
Building footprint
1,036 m²
Volume, LiDAR
4,346 m³
Parcel 44048A0114/00G002, Flanders · tallest building 9.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
HVB - IMTC
since 20182.274.409.775
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44048A0114/00G002 | Flanders | 2,811 m² | 1 · 1,036 m² | 9.6 m · 1 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 11,353 EUR awarded · 11,204 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 294 EUR | 294 EUR |
| 2024 | 1 | 254 EUR | 254 EUR |
| 2023 | 2 | 10,260 EUR | 10,111 EUR |
| 2022 | 1 | 545 EUR | 545 EUR |
Schemes
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteNazareth-De Pinte2.274.409.775
Similar companies · same sector, comparable size
LITCHEE
BE 0471.437.222
Sint-Lambrechts-Woluwe · Eq €219k
DC MECANICS
BE 0558.934.091
Affligem · Eq €220k
DEMARMETAL
BE 0419.243.995
Charleroi · Eq €219k
3S
BE 0797.683.557
Sint-Niklaas · Eq €219k
G PLUS PRO
BE 0691.793.706
Estaimpuis · Eq €220k
Of 4,431 companies in sector 46180 we hold annual accounts for 1,887. 1,346 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-2018
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
46389Wholesale of other food products
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.