IGMA
ActiveIGMA has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €106k and a net result of €8k. Equity is growing by ~12.1% per year across the filed fiscal years. Its solvency ranks better than 75% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
66
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability50▼-29
Solvency91▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.74 against 2.7 in 2023; short-term debt: 34.2% and cash: 13.1% of total assets), and 34.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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 29-06-2025, 32 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
32 d early
2023
48 d late
2022
346 d late
2021
711 d late
2020
44 d late
2019
87 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€106k▲ 7.8%
2023 · €98k
2020: €68k
2021: €74k
2022: €85k
2023: €98k
2020 → 2024
Total assets
€161k▲ 4.8%
2023 · €154k
2020: €105k
2021: €85k
2022: €159k
2023: €154k
2020 → 2024
Net result
€8k▼ 42.0%
2023 · €13k
2020: €10k
2021: €6k
2022: €11k
2023: €13k
2020 → 2024
Working capital
€96k▲ 1.6%
2023 · €94k
2020: €56k
2021: €59k
2022: €78k
2023: €94k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€68k-€74k▲ 9.2%€85k▲ 14.9%€98k▲ 15.5%€106k▲ 7.8%
Operating result€17k-€10k▼ 44.1%€15k▲ 58.9%€19k▲ 22.5%€17k▼ 9.0%
Net result€10k-€6k▼ 37.6%€11k▲ 77.1%€13k▲ 19.7%€8k▼ 42.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 9% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €161k
Fixed assets
€10k▲ 158%
Current assets
€151k▲ 0.8%
Equity and liabilities €161k
Equity
€106k▲ 7.8%
Debt
€55k▼ 0.6%
The debt ratio falls from 36.1% to 34.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▼
2023 · €22k
Cash flow
€11k▼
2023 · €16k
Solvency
65.8%▲
2023 · 63.9%
Current ratio
2.74▲
2023 · 2.70
Quick ratio
1.49▼
2023 · 2.66
Debt / equity
0.52▼
2023 · 0.56
ROE
7.2%▼
2023 · 13.4%
ROA
4.8%▼
2023 · 8.6%
Interest coverage
3.10▼
2023 · 28.31
Debt
€55k▼
2023 · €55k
Debt ≤ 1 year
€55k▼
2023 · €55k
Income taxes
€4k▼
2023 · €5k
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€154k€161k▲
Fixed assets21/28€4k€10k▲
Tangible fixed assets22/27€4k€10k▲
Plant, machinery and equipment23€2k€9k▲
Furniture and vehicles24€2k€1k▼
Current assets29/58€150k€151k▲
Stocks and contracts in progress3€3k€69k▲
Stocks30/36€3k€8k▲
Contracts in progress37-€61k
Amounts receivable within one year40/41€63k€57k▼
Trade receivables40€28k€15k▼
Other amounts receivable41€36k€41k▲
Cash at bank and in hand54/58€84k€21k▼
Deferred charges and accrued income490/1-€4k
Equity and liabilities
Total equity and liabilities10/49€154k€161k▲
Equity10/15€98k€106k▲
Contributions10/11€6k€6k=
Capital10€6k-
Issued capital100€19k-
Uncalled capital101€12k-
Reserves13€2k€100k▲
Non-distributable reserves130/1€2k-
Legal reserve130€2k-
Distributable reserves133-€100k
Profit (loss) carried forward14€90k-
Amounts payable17/49€55k€55k▼
Amounts payable within one year42/48€55k€55k▼
Financial debts43-€1k
Other loans439-€1k
Trade debts44€55k€54k▼
Suppliers440/4€55k€54k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€4k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€23k€23k▲
Operating profit (loss)9901€19k€17k▼
Financial income75/76B-€1k
Recurring financial income75-€1k
Financial charges65/66B€775€7k▲
Recurring financial charges65€775€7k▲
Profit (loss) for the period before taxes9903€18k€12k▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€13k€8k▼
Profit (loss) for the period to be appropriated9905€13k€8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€90k€98k▲
Profit (loss) brought forward from the previous period14P€77k€90k▲
Transfer to equity691/2-€98k
To other reserves6921-€98k
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
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100kEq €106k ▲7.8%
5 profitable years in a row build equity to €106k.
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 346 days late
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 711 days late
2023
31-12
Financial
Highest result since 2020net €13k ▲19.7%
Operating result €19k, net result €13k, both a record.
2021
31-12
Financial
Weakest financial yearnet €6k ▼37.6%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 7.36
Current ratio from 3.39 to 7.36; short-term debt falls from €23k to €9k.
13-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 44 days late
2020
05-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Buggenhout · 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.
Kloosterstraat 289255 BuggenhoutGround area
352 m²
Building footprint
281 m²
Volume, LiDAR
1,293 m³
2 parcels, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IGMA
since 20162.253.903.084
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42004B0089/00S004 | Flanders | 264 m² | 1 · 218 m² | 10.9 m · 1 fl. |
| 42004A0054/00P002 | Flanders | 87 m² | 1 · 62 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
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.
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IMTO
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IVENS BOUWONDERNEMING
BE 0839.636.849
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H & C COMPANY
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 13,081 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-06-2016
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
42110Construction of roads and motorways
42212Civil engineering
43120Site preparation
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.