I-MAX DISTRIBUTION
ActiveSummary
The computed 12-month bankruptcy probability of I-MAX DISTRIBUTION is 5.9% (elevated). For I-MAX DISTRIBUTION, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€71,530) and a net result of -€6,471. Equity is growing by ~6.2% per year across the filed fiscal years. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability0▼-100
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
5.9%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2022Solvency, return and age of the figures
Return on assets
-99%
Age of the figures
45 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 01-09-2023, 32 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
32 d late
2021
16 d late
2020
2 d early
2019
5 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 13 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€6,471
2021 · €20,860
Working capital
-€71,710▼ 9.9%
2021 · -€65,240
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result-€18,984-€7,200-€2€22,087-€3,239
Net result-€20,111-€5,770-€931€20,860-€6,471
Equity-€90,759--€84,989▲ 6.4%-€85,920▼ 1.1%-€65,060▲ 24.3%-€71,530▼ 9.9%
Total assets€33,598-€4,286▼ 87.2%€10,983▲ 156%€10,000▼ 9.0%€6,534▼ 34.7%
Debt€124,357-€89,275▼ 28.2%€96,903▲ 8.5%€75,060▼ 22.5%€78,065▲ 4.0%
Working capital-€90,939--€85,169▲ 6.3%-€86,100▼ 1.1%-€65,240▲ 24.2%-€71,710▼ 9.9%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €3,239 after €22,087 in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €6,534
Fixed assets
€180 =
Current assets
€6,354 ▼ 35.3%
Equity and liabilities
Equity-€71,530
Debt€78,065
Equity is negative: debt (€78,065) exceeds the balance-sheet total (€6,534).
Key figures and ratios
Current ratio
0.08▼
2021 · 0.13
Quick ratio
0.04▼
2021 · 0.13
ROA
-99.0%▼
2021 · 208.6%
Debt ≤ 1 year
€78,065▲
2021 · €75,060
A ratio outside any meaningful range has been withheld (balance sheet total €6,534, equity -€71,530).
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €274 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €55 | €0 | ▼ 100% |
| Gross operating margin9900 | -€14,877 | €6,968 | €53 | €22,141 | -€3,239 | ▼ 115% |
| Operating profit (loss)9901 | -€18,984 | €7,200 | -€2 | €22,087 | -€3,239 | ▼ 115% |
| Financial income75/76B | - | - | - | €10 | €0 | ▼ 100% |
| Recurring financial income75 | - | €45 | €9 | €10 | €0 | ▼ 100% |
| Financial charges65/66B | - | - | - | €1,236 | €3,231 | ▲ 161% |
| Recurring financial charges65 | €1,127 | €1,475 | €938 | €1,236 | €3,231 | ▲ 161% |
| Profit (loss) for the period before taxes9903 | -€20,111 | €5,770 | -€931 | €20,860 | -€6,471 | ▼ 131% |
| Profit (loss) for the period9904 | -€20,111 | €5,770 | -€931 | €20,860 | -€6,471 | ▼ 131% |
| Profit (loss) for the period to be appropriated9905 | -€20,111 | €5,770 | -€931 | €20,860 | -€6,471 | ▼ 131% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €33,598 | €4,286 | €10,983 | €10,000 | €6,534 | ▼ 34.7% |
| Fixed assets21/28 | €180 | €180 | €180 | €180 | €180 | = |
| Financial fixed assets28 | €180 | €180 | €180 | €180 | €180 | = |
| Current assets29/58 | €33,418 | €4,106 | €10,803 | €9,820 | €6,354 | ▼ 35.3% |
| Stocks and contracts in progress3 | - | - | - | - | €3,000 | - |
| Stocks30/36 | - | - | - | - | €3,000 | - |
| Amounts receivable within one year40/41 | €33,418 | €4,106 | €10,522 | €9,820 | €3,354 | ▼ 65.8% |
| Trade receivables40 | - | - | - | €8,720 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €1,100 | €3,354 | ▲ 205% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €33,598 | €4,286 | €10,983 | €10,000 | €6,534 | ▼ 34.7% |
| Equity10/15 | -€90,759 | -€84,989 | -€85,920 | -€65,060 | -€71,530 | ▼ 9.9% |
| Contributions10/11 | €18,550 | €18,550 | - | €18,550 | €18,550 | = |
| Reserves13 | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | - | - | - | €1,855 | €1,855 | = |
| Reserves not available under the articles1311 | - | - | - | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | -€109,309 | -€105,394 | -€106,325 | -€85,465 | -€91,935 | ▼ 7.6% |
| Amounts payable17/49 | €124,357 | €89,275 | €96,903 | €75,060 | €78,065 | ▲ 4.0% |
| Amounts payable within one year42/48 | €124,357 | €89,275 | €96,903 | €75,060 | €78,065 | ▲ 4.0% |
| Financial debts43 | - | - | - | €16,140 | €17,792 | ▲ 10.2% |
| Credit institutions430/8 | - | - | - | €16,140 | €17,792 | ▲ 10.2% |
| Trade debts44 | €19,682 | €4,197 | €11,001 | - | €653 | - |
| Suppliers440/4 | - | - | - | - | €653 | - |
| Other amounts payable47/48 | - | - | - | €58,919 | €59,620 | ▲ 1.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€20,111 | €5,770 | -€931 | €20,860 | -€6,471 | ▼ 131% |
| + Depreciation and write-downs630 | €274 | - | - | - | - | - |
| Operating cash flow (approximation) | -€19,836 | €5,770 | -€931 | €20,860 | -€6,471 | ▼ 131% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
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
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 16 days late
2021
31-12
Financial
Back to profitnet €20,860
Net result €20,860 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
05-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 5 days late
2019
31-12
Financial
Back to profitnet €5,770
Net result €5,770 after one loss-making year.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · full 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Héron · 1 establishment unit since 2015
Ground area
2,299 m²
Building footprint
76 m²
Parcel 61028E0187/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
I-MAX DISTRIBUTION
since 20152.243.868.237
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61028E0187/00C000 | Wallonia | 2,298 m² | 1 · 76 m² | - |
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.
Company details
Identification
Legal formPrivate limited company
Founded20-07-2015
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.