ILMI
ActiveThe computed 12-month bankruptcy probability of ILMI is 3.6% (moderate). The 2024 annual accounts show equity of €13k and a net result of €-10k. Equity is shrinking by ~43.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 11% of 3571 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency30▼-18
Growth32=
Stability94
Bankruptcy probability, 12 months
3.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.6 against 1.5 in 2023), but 91.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
8.2%
Return on assets
-6.4%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
222324
2022 to 2024 · latest year -€10k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 11% of 3571 sector peers (2024).
NBB · sector comparisonPosition among 3571 sector peers
Solvency
better than 11%
← weakest
strongest →
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 06-07-2025, 25 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
25 d early
2023
90 d late
2022
75 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-10k▼ 0.5%
2023 · €-10k
2022: €32k
2023: €-10k
2022 → 2024
Working capital
€45k▲ 81.2%
2023 · €25k
2022: €19k
2023: €25k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€34k-€24k▼ 30.4%€13k▼ 44.0%
Operating result€33k-€-11k€334
Net result€32k-€-10k€-10k▼ 0.5%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €334 after a loss of €11k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €163k
Fixed assets
€44k▲ 119%
Current assets
€119k▲ 60.2%
Equity and liabilities €164k
Equity
€13k▼ 44.0%
Debt
€150k▲ 111%
The debt ratio rises from 74.9% to 91.8%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€15k▲
2023 · €-5k
Cash flow
€4k▲
2023 · €-4k
Solvency
8.2%▼
2023 · 25.1%
Current ratio
1.60▲
2023 · 1.50
Quick ratio
1.60▲
2023 · 1.50
Debt / equity
11.24▲
2023 · 2.98
ROE
-78.5%▼
2023 · -43.8%
ROA
-6.4%▲
2023 · -11.0%
Interest coverage
2.51▲
2023 · -18.93
Debt
€150k▲
2023 · €71k
Debt ≤ 1 year
€74k▲
2023 · €50k
Debt > 1 year
€76k▲
2023 · €22k
Income taxes
€5k
Staff costs
€7k▼
2023 · €13k
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€95k€164k▲
Formation expenses20€450€300▼
Fixed assets21/28€20k€44k▲
Tangible fixed assets22/27€20k€44k▲
Plant, machinery and equipment23€1k€800▼
Furniture and vehicles24€19k€43k▲
Financial fixed assets28€113€113=
Current assets29/58€74k€119k▲
Amounts receivable within one year40/41€54k€114k▲
Trade receivables40€8k€40k▲
Other amounts receivable41€47k€73k▲
Cash at bank and in hand54/58€20k€5k▼
Equity and liabilities
Total equity and liabilities10/49€95k€164k▲
Equity10/15€24k€13k▼
Contributions10/11€2k€2k=
Capital10€2k-
Issued capital100€2k-
Profit (loss) carried forward14€22k€11k▼
Amounts payable17/49€71k€150k▲
Amounts payable after more than one year17€22k€76k▲
Financial debts170/4€22k€76k▲
Amounts payable within one year42/48€50k€74k▲
Current portion of amounts payable after more than one year42€4k€37k▲
Trade debts44€39k€34k▼
Suppliers440/4€39k€34k▼
Taxes, remuneration and social security45€6k€3k▼
Taxes450/3€957€2k▲
Remuneration and social security454/9€5k€843▼
Income statement
Code20232024
Remuneration, social security and pensions62€13k€7k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€14k▲
Other operating charges640/8€6k€7k▲
Gross operating margin9900€15k€29k▲
Operating profit (loss)9901€-11k€334▲
Financial income75/76B€1k-
Recurring financial income75€1k-
Non-recurring financial income76B€1k-
Financial charges65/66B€245€6k▲
Recurring financial charges65€245€6k▲
Profit (loss) for the period before taxes9903€-10k€-5k▲
Income taxes67/77-€5k
Profit (loss) for the period9904€-10k€-10k▼
Profit (loss) for the period to be appropriated9905€-10k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€22k€11k▼
Profit (loss) brought forward from the previous period14P€32k€22k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
06-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 90 days late
2023
17-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
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, Chapelle-lez-Herlaimont · 1 establishment unit since 2021
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.
Rue Vandervelde 2057160 Chapelle-lez-HerlaimontGround area
455 m²
Building footprint
63 m²
Volume, LiDAR
538 m³
Parcel 52010A0067/00T003, Wallonia · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ILMI
since 20212.321.472.888
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52010A0067/00T003 | Wallonia | 455 m² | 1 · 63 m² | 9.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MG PEINTURE & DECORATION
BE 0654.997.943
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Fourty Paintz
BE 0764.897.260
Antwerpen · Eq €13k
ANT PAINT
BE 1008.209.387
Zaventem · Eq €13k
SCALA-RENOV
BE 0742.817.387
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S.D.A.M.
BE 0837.711.103
Balen · Eq €13k
Of 7,817 companies in sector 43341 we hold annual accounts for 2,639. 1,810 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-2021
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
41001General construction of residential buildings
43230Insulation installation
43291Specialised construction activities
43422Screed work
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:ilmija_79@outlook.com