IDAMART
InactiveIDAMART was declared bankrupt on 24-06-2024 (Tribunal de l’entreprise de Liège, division Liège); the bankruptcy was closed for insufficient assets by judgment of 02-09-2025, published in the Belgian State Gazette on 05-09-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline29-09-2026 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
32 d late
2021
5 d late
2020
17 d late
2019
4 d early
← 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
Financials · fiscal year 2022, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€23,392▼ 43.4%
2021 · -€16,317
Working capital
€5,929▼ 75.1%
2021 · €23,836
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result-€176--€20,324▼ 11,467%-€9,755▲ 52.0%-€16,566▼ 69.8%-€23,226▼ 40.2%
Net result€3,517--€17,101-€9,541▲ 44.2%-€16,317▼ 71.0%-€23,392▼ 43.4%
Equity€99,552-€82,450▼ 17.2%€72,909▼ 11.6%€56,592▼ 22.4%€33,200▼ 41.3%
Total assets€119,576-€89,484▼ 25.2%€74,835▼ 16.4%€111,854▲ 49.5%€90,275▼ 19.3%
Debt€20,024-€7,034▼ 64.9%€1,926▼ 72.6%€55,262▲ 2,769%€57,076▲ 3.3%
Working capital€91,879-€76,739▼ 16.5%€52,460▼ 31.6%€23,836▼ 54.6%€5,929▼ 75.1%
Staff (FTE)1.3-1.9▲ 46.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €23,226 in 2022 against €16,566 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €90,275
Fixed assets
€57,706 ▼ 21.4%
Current assets
€32,569 ▼ 15.4%
Equity and liabilities €90,275
Equity
€33,200 ▼ 41.3%
Debt
€57,076 ▲ 3.3%
Debt's share of the balance-sheet total rises from 49.4% to 63.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€7,776▲
2021 · -€10,740
Cash flow
-€7,943▲
2021 · -€10,492
Current ratio
1.22▼
2021 · 2.63
Quick ratio
1.14▼
2021 · 2.33
Debt to equity
1.72▲
2021 · 0.98
ROE
-70.5%▼
2021 · -28.8%
ROA
-25.9%▼
2021 · -14.6%
Interest coverage
-11.00▲
2021 · -202.92
Debt ≤ 1 year
€26,640▲
2021 · €14,641
Debt > 1 year
€30,436▼
2021 · €40,621
Income taxes
-€540▼
2021 · -€36
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 | €3,232 | €1,961 | €3,422 | €5,826 | €15,450 | ▲ 165% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €2,160 | - |
| Other operating charges640/8 | - | - | - | €1,736 | €1,823 | ▲ 5.0% |
| Gross operating margin9900 | €29,585 | €28,963 | -€5,052 | -€9,004 | -€3,793 | ▲ 57.9% |
| Operating profit (loss)9901 | -€176 | -€20,324 | -€9,755 | -€16,566 | -€23,226 | ▼ 40.2% |
| Financial income75/76B | - | - | - | €266 | €1 | ▼ 99.8% |
| Recurring financial income75 | €5,810 | €3,244 | €272 | €266 | €1 | ▼ 99.8% |
| Financial charges65/66B | - | - | - | €53 | €707 | ▲ 1,235% |
| Recurring financial charges65 | €314 | €419 | €58 | €53 | €707 | ▲ 1,235% |
| Profit (loss) for the period before taxes9903 | €5,529 | -€16,769 | -€9,541 | -€16,353 | -€23,932 | ▼ 46.3% |
| Income taxes67/77 | €2,012 | €332 | - | -€36 | -€540 | ▼ 1,400% |
| Profit (loss) for the period9904 | €3,517 | -€17,101 | -€9,541 | -€16,317 | -€23,392 | ▼ 43.4% |
| Profit (loss) for the period to be appropriated9905 | €3,517 | -€17,101 | -€9,541 | -€16,317 | -€23,392 | ▼ 43.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €119,576 | €89,484 | €74,835 | €111,854 | €90,275 | ▼ 19.3% |
| Fixed assets21/28 | €7,672 | €5,711 | €20,449 | €73,377 | €57,706 | ▼ 21.4% |
| Tangible fixed assets22/27 | €7,610 | €5,649 | €20,312 | €73,156 | €57,706 | ▼ 21.1% |
| Plant, machinery and equipment23 | - | - | - | €6,895 | - | - |
| Furniture and vehicles24 | - | - | - | €55,351 | €48,243 | ▼ 12.8% |
| Other tangible fixed assets26 | - | - | - | €10,910 | €9,463 | ▼ 13.3% |
| Financial fixed assets28 | €62 | €62 | €137 | €221 | €0 | ▼ 100% |
| Current assets29/58 | €111,904 | €83,773 | €54,386 | €38,477 | €32,569 | ▼ 15.4% |
| Stocks and contracts in progress3 | €11,786 | €2,194 | €6,106 | €4,320 | €2,160 | ▼ 50.0% |
| Stocks30/36 | - | - | - | €4,320 | €2,160 | ▼ 50.0% |
| Amounts receivable within one year40/41 | €72,239 | €3,917 | €7,995 | €19,840 | €29,597 | ▲ 49.2% |
| Trade receivables40 | - | - | - | €2,215 | €29,594 | ▲ 1,236% |
| Other amounts receivable41 | - | - | - | €17,625 | €4 | ▼ 100.0% |
| Cash at bank and in hand54/58 | €27,879 | €75,884 | €40,285 | €14,317 | €812 | ▼ 94.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €119,576 | €89,484 | €74,835 | €111,854 | €90,275 | ▼ 19.3% |
| Equity10/15 | €99,552 | €82,450 | €72,909 | €56,592 | €33,200 | ▼ 41.3% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | - | - | €61,973 | €61,973 | = |
| Issued capital100 | - | - | - | €61,973 | €61,973 | = |
| Reserves13 | €6,961 | €6,961 | €6,961 | €6,961 | €6,961 | = |
| Non-distributable reserves130/1 | - | - | - | €1,674 | €1,674 | = |
| Legal reserve130 | - | - | - | €1,674 | €1,674 | = |
| Tax-exempt reserves132 | - | - | - | €5,287 | €5,287 | = |
| Profit (loss) carried forward14 | €30,617 | €13,516 | €3,975 | -€12,343 | -€35,735 | ▼ 190% |
| Amounts payable17/49 | €20,024 | €7,034 | €1,926 | €55,262 | €57,076 | ▲ 3.3% |
| Amounts payable after more than one year17 | - | - | - | €40,621 | €30,436 | ▼ 25.1% |
| Financial debts170/4 | - | - | - | €40,621 | €30,436 | ▼ 25.1% |
| Amounts payable within one year42/48 | €20,024 | €7,034 | €1,926 | €14,641 | €26,640 | ▲ 82.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8,546 | €13,985 | ▲ 63.7% |
| Trade debts44 | €7,859 | €5,115 | €1,176 | €2,762 | €3,865 | ▲ 39.9% |
| Suppliers440/4 | - | - | - | €2,762 | €3,865 | ▲ 39.9% |
| Taxes, remuneration and social security45 | - | - | - | - | €3,650 | - |
| Taxes450/3 | - | - | - | - | €3,650 | - |
| Other amounts payable47/48 | - | - | - | €3,334 | €5,140 | ▲ 54.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,517 | -€17,101 | -€9,541 | -€16,317 | -€23,392 | ▼ 43.4% |
| + Depreciation and write-downs630 | €3,232 | €1,961 | €3,422 | €5,826 | €15,450 | ▲ 165% |
| Operating cash flow (approximation) | €6,749 | -€15,140 | -€6,119 | -€10,492 | -€7,943 | ▲ 24.3% |
| Investment in fixed assets (approximation) | - | €0 | -€18,160 | -€58,753 | €221 | ▲ 100% |
| Change in cash | - | €48,005 | -€35,599 | -€25,968 | -€13,505 | ▲ 48.0% |
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
2025
05-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise de Liège, division Liège · event 02-09-2025
24-02
Bankruptcy
Supervising judge replaced
Tribunal de l’entreprise de Liège, division Liège · event 03-02-2025
2024
28-06
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · event 24-06-2024
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Weakest financial yearnet -€23,392
Net result drops to -€23,392, the lowest in the series.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 5 days late
2021
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 28.23
Current ratio from 11.91 to 28.23; short-term debt falls from €7,034 to €1,926.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity doublescurrent ratio 11.91
Current ratio from 5.59 to 11.91; short-term debt falls from €20,024 to €7,034.
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
22-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PIERRE MACHIELS RUE DES CROISIERS 15, 4500 HUY- |
24-06-2024 → 02-09-2025 |
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes