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Complete company report
Generated 22-08-2026
Active BE 0667.897.260Private limited companyOpen bankruptcy

I.M.W.S.

Chemin de la Procession 164 ·7000 Mons, Belgium· 9 yrs active
Sector: Verspanend bewerken van metalen (25530)
Conclusion Checked

A bankruptcy procedure is open for I.M.W.S. according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €210k and a net result of €112k.

Based on the State Gazette, CBE and 6 annual accounts.
Key figures
Equity €210k
Net result €112k
Staff (FTE) 184.3
Better than sector 15%
Financial profile 5 of 5 axes measured · computed by Checked
Health8Profitability100Solvency19Growth78Stability0
41 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 8
Profitability 100
Solvency 19
Growth 78
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals 2 signals
Register: 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.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags0 events
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.
Health barometer FY 2023 · computed
8 / 100 Critical
050100
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 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview7 NBB filings
Annual accounts filed on 30-08-2024 with the NBB · fiscal year 2023 · volledig
€0€100k€200k€300kOperating result 2019: €34k€34kNet result 2019: €12k€12kOperating result 2020: €91k€91kNet result 2020: €30k€30kOperating result 2021: €107k€107kNet result 2021: €5k€5kOperating result 2022: €187k€187kNet result 2022: €5k€5kOperating result 2023: €276k€276kNet result 2023: €112k€112k20192020202120222023
Operating resultNet result
Sector comparison
Fiscal year 2023 · NACE 25 · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 8.9% 28.5%
better than 15% of 62 sector peers
Net result €112k €32k
better than 71% of 62 sector peers
Equity €210k €253k
better than 46% of 62 sector peers
Gross operating margin €9.32M €484k
better than 95% of 45 sector peers
Staff costs €9.04M €544k
higher than 95% of 54 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€198k
- 18-23
Net profit
€112k
+1966.1% 18-23
Cash flow
€17k
- 18-23
Total assets
€2.36M
-14.9% 18-23
Equity
€210k
+113.7% 18-23
Working capital
€147k
- 18-23
Employees (FTE)
184
-6.0% 18-23
Staff costs
€9.04M
-3.4% 18-23
Show 11 other metrics
Income taxes
€159k
+11.4% 18-23
Debt
€2.15M
-19.6% 18-23
Debt ≤ 1y
€2.15M
-16.5% 18-23
Debt > 1y
€100k
- 18-23
Current ratio
1.07
+34.9% 18-23
Quick ratio
1.07
+34.9% 18-23
Solvency
8.9%
+151.0% 18-23
Debt / equity
10.27
-62.4% 18-23
ROE
53.2%
+866.7% 18-23
ROA
4.7%
+2326.6% 18-23
Interest coverage
28.46
- 18-23
Figures by fiscal year
Fiscal year2023
Depositvolledig
Revenue-
EBITDA-
Net profit€112k
Cash flow-
Staff costs€9.04M
Income taxes€159k
Dividends-
Total assets€2.36M
Equity€210k
Debt€2.15M
of which ≤ 1y€2.15M
of which > 1y-
Working capital€147k
Employees (FTE)184.3
Ratios (computed)
2023
Current ratio1.07
Quick ratio1.07
Working capital ratio6.2%
Solvency8.9%
Debt / equity10.27
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA4.7%
ROE53.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€2.36M
Fixed assets 21/28€63k
Financial fixed assets 28€63k
Current assets 29/58€2.30M
Amounts receivable within one year 40/41€2.28M
Cash & bank 54/58€20k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.36M
Equity 10/15€210k
Contributions / capital 10/11€19k
Reserves 13€2k
Accumulated profits (losses) 14€189k
Amounts payable 17/49€2.15M
Amounts payable within one year 42/48€2.15M
Trade debts payable within one year 44€253k
Income statement
Gross operating margin 9900€9.32M
Operating result 9901€276k
Financial charges 65€5k
Result before taxes 9903€271k
Income taxes 67/77€159k
Net result for the period 9904€112k
Result to be appropriated 9905€112k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • HELLERS Thierry
    Director (executive)
    State Gazette act 23447376 (06-12-2023)
    Current
    06-12-2023 → present
  • KOS Gernot
    Director (executive)
    State Gazette act 23447376 (06-12-2023)
    Current
    06-12-2023 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Directors & mandates2 persons
Role Name Tenure Source
Curator JOHN DEHAENE
RUE NEUVE, 16, 7000 MONS-
 24-02-2025 → present Belgian State Gazette
Curator THIERRY OPSOMER
CHAUSSEE DE WARNETON, 340, 7784 WARNETON- . Date provisoire de cessation de paiement : 24/02/2025
 24-02-2025 → present Belgian State Gazette
Legal Structure
NACE primary Verspanend bewerken van metalen(25530)
Legal form Private limited company(610)
Incorporation20-12-2016
StatusActive
Postal code7000
First BS signal 05-03-2025
Latest BS signal 05-03-2025
Establishment units 1 location
Akkerstraat 20, 9060 Zelzate
Vervaardiging van buizen, pijpen, holle profielen en fittings daarvoor, van staal
since 20162.260.780.780
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels 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.

Flanders 1 (50%) Wallonia 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
43302C0119/00V000 Flanders 1,145 m² 1 · 265 m² 9.8 m · 2 fl.
53404B0665/00L004 Wallonia 723 m² 1 · 104 m² 9.4 m · 3 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.
Updates 9 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
05-03-2025
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Mons · I.M.W.S. SRL CHEMIN DE LA PROCESSION 164, 7000 MONS · event 24-02-2025
2024
30-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
2023
06-12-2023
State Gazette act Director changes
Jean-Pierre DERUE
31-08-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
03-10-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
27-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
12-08-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
12-12-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
12-12-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
Lifecycle & Insolvency Signals1 events
05-03-2025
Bankruptcy Opening
Date: 24-02-2025 · Tribunal de l’entreprise du Hainaut, division Mons · I.M.W.S. SRL CHEMIN DE LA PROCESSION 164, 7000 MONS · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-03-05 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage 0 of 6 acts read

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2023
06-12-2023 2 directors appointed Director changes·Jean-Pierre DERUE
  • HELLERS Thierry, Directeur
  • KOS Gernot, Directeur
Notary: Jean-Pierre DERUE · Roeulx
Technical details 
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  "act_meta": {
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  "decisions": [
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Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Verspanend bewerken van metalen25530
Primary activity highlighted.
Names & trade names
Legal nameFR I.M.W.S.
Registered office
Chemin de la Procession 164
7000 Mons, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative