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ILMI

Active
Private limited companyfounded 2021active for 5 yearsRue Vandervelde 205, 7160 Chapelle-lez-Herlaimont, BelgiumKBO/BCE: BE 0771.511.472
Summary

The computed 12-month bankruptcy probability of ILMI is 3.0% (moderate). The 2025 annual accounts show equity of €36,784 and a net result of €23,430. Equity has been shrinking by about 17% per year since 2022. Its solvency ranks better than 22% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 16-07-2021 Normal situation
Activity
Painting of buildings NACE 43341and 3 others
Establishment unit
2.321.472.888 7160 Chapelle-lez-Herlaimont, since 16-07-2021
Financial year end
31 December
Peppol
Reachable since 26-05-2026

Financial position

51 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.0%
Annual accounts 2025
Gross margin
€79,820
▲ 173%
Turnover
≈ €300,000
estimated
Profit
€23,430
Equity
€36,784
▲ 175%
Total assets
€181,683
▲ 11.1%
Staff
≈ 0.9 FTE
estimated
  • 2025 accounts filed 43 days after the deadline
Filed on 12-09-2026
Score breakdownraises riskLast filed accounts filed 43 days late; 2 of the last 3 accounts lateFounded in 20211 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.66, cash €33,950Show the evidence

Checked score

Score 2025
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 56% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Average
Solvency 45+12
equity 20.2% of total assets
Liquidity 46+14
short-term debt 53.5% · cash 18.7%
Profitability 85+53
return on assets 12.9%
Bankruptcy probability within 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,674 companies, NACE 43, micro)
Last 24 months 12-2024: 2.5% 01-2025: 2.5%● unchanged vs 12-2024 02-2025: 2.5%● unchanged vs 01-2025 03-2025: 2.1%▼ -0.4 percentage points vs 02-2025lowest value 04-2025: 2.1%● unchanged vs 03-2025 05-2025: 2.1%● unchanged vs 04-2025 06-2025: 2.2%▲ +0.1 percentage points vs 05-2025 07-2025: 2.1%▼ -0.1 percentage points vs 06-2025 08-2025: 3.1%▲ +1.0 percentage point vs 07-2025 09-2025: 3.1%● unchanged vs 08-2025 10-2025: 3.1%● unchanged vs 09-2025 11-2025: 4.3%▲ +1.2 percentage points vs 10-2025 12-2025: 4.5%▲ +0.2 percentage points vs 11-2025 01-2026: 4.4%▼ -0.1 percentage points vs 12-2025 02-2026: 4.4%● unchanged vs 01-2026 03-2026: 4.4%● unchanged vs 02-2026 04-2026: 5.0%▲ +0.6 percentage points vs 03-2026 05-2026: 5.7%▲ +0.7 percentage points vs 04-2026 06-2026: 5.8%▲ +0.1 percentage points vs 05-2026 07-2026: 5.7%▼ -0.1 percentage points vs 06-2026 08-2026: 6.4%▲ +0.7 percentage points vs 07-2026 09-2026: 7.0%▲ +0.6 percentage points vs 08-2026highest value 10-2026: 3.0%▼ -4.0 percentage points vs 09-2026 11-2026: 3.0%● unchanged vs 10-2026
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.66 (1.6 in 2024), above the usual 1.5. Short-term debt is 53.5% and cash 18.7% of total assets. However, 79.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 22% of them on solvency, 37% on liquidity, 68% on profitability and 95% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises risk
raises risk · Last filed accounts filed 43 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.66, cash €33,950
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 34902 sector peers (2025).
NBB · sector comparison
Position among 34902 sector peers
Solvency
better than 22%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
22232425
2022 to 2025 · latest year €36,784
raises risk · 2025 accounts filed 43 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-09-2026, 43 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filings
Deviation from the deadline
2025
43 days late
2024
25 days early
2023
90 days late
2022
75 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 4 accounts on average 8 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 August (3 of the last 4 accounts filed within 82 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Capital & shares · Amendment of the articles
  2. · Gazette deed Registered office moved from Ternat to Chapelle-lez-Herlaimont
  3. · Gazette deed Incorporation
All 9 events

Comparable companies

These companies have the same main activity as ILMI: painting of buildings (NACE 43341). They are comparable in size and age: total assets between €165,000 and €211,000, founded between 2020 and 2021.

CompanyTotal assetsGross margin
ILMI Chapelle-lez-Herlaimont€181,683€79,820
SALIMECOLOR Gesves€197,646€82,266
SCHILDERWERKEN LABELLE Sint-Niklaas€165,447€73,719
BJORN BONNAERENS Lokeren€170,932€92,421
Atelier DP Tielt€211,212€74,864
MEDICI DECORATIE Damme€179,175€62,152
LVT Painting Lievegem€196,301€96,876
Full comparison

Key facts about ILMI

What is the company number of ILMI?
The company number of ILMI is 0771.511.472. The VAT number is the same number with BE in front: BE 0771.511.472.
Where is ILMI based?
The registered office is at Rue Vandervelde 205, 7160 Chapelle-lez-Herlaimont.Company details
What does ILMI do?
According to the KBO register, the main activity is painting of buildings (NACE 43341).
What is the legal form of ILMI?
The legal form of ILMI is Private limited company (BV).
When was ILMI founded?
ILMI was founded on 16-07-2021.
Is ILMI still active?
Yes, ILMI is an active enterprise in the KBO register.
What is the turnover of ILMI?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €79,820 and 89 comparable companies (NACE 433). It probably lies between €200,000 and €510,000.Financials
Is ILMI profitable?
In financial year 2025, ILMI made a profit of €23,430.
Where can I find the annual accounts of ILMI?
ILMI filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ILMI due?
ILMI must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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