IM-Projects
ActiveSummary
IM-Projects has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,400 and a net result of €127,925. Equity is growing by ~5.3% per year across the filed fiscal years. Its solvency ranks better than 13% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+13
Solvency30▼-70
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.04 against 5.73 in 2024; short-term debt: 94.9% and cash: 63.7% of total assets), and 95% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5%
Return on assets
51.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 31896 sector peers (2025).
NBB · sector comparisonPosition among 31896 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
64 d early
2024
35 d early
2023
23 d early
2022
8 d early
2021
27 d early
2020
37 d early
2019
121 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator 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
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€12,400▼ 87.6%
2024 · €100,128
Total assets
€247,659▲ 104%
2024 · €121,300
Net result
€127,925▲ 618%
2024 · €17,828
Working capital
€9,431▼ 90.4%
2024 · €97,767
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
Line20212022202320242025
Operating result€59,209▲ 2.7%-€19,240-€1,786▲ 90.7%€17,965€165,482▲ 821%
Net result€43,676▲ 5.6%-€16,756€3,207€17,828▲ 456%€127,925▲ 618%
Equity€107,240▲ 66.6%€90,484▼ 15.6%€93,691▲ 3.5%€100,128▲ 6.9%€12,400▼ 87.6%
Total assets€129,228▲ 43.6%€100,823▼ 22.0%€98,702▼ 2.1%€121,300▲ 22.9%€247,659▲ 104%
Debt€21,988▼ 14.1%€10,339▼ 53.0%€5,011▼ 51.5%€21,171▲ 322%€235,259▲ 1,011%
Working capital€107,607▲ 69.2%€90,415▼ 16.0%€94,491▲ 4.5%€97,767▲ 3.5%€9,431▼ 90.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Net result +618%, Total assets +104% on 2024. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 821% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €247,659
Fixed assets
€3,129 ▲ 9.7%
Current assets
€244,529 ▲ 106%
Equity and liabilities €247,659
Equity
€12,400 ▼ 87.6%
Debt
€235,259 ▲ 1,011%
Debt's share of the balance-sheet total rises from 17.5% to 95.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€167,482▲
2024 · €18,936
Cash flow
€129,925▲
2024 · €18,799
Current ratio
1.04▼
2024 · 5.73
Debt to equity
18.97▲
2024 · 0.21
ROA
51.7%▲
2024 · 14.7%
Interest coverage
172.68▲
2024 · 61.00
Debt ≤ 1 year
€235,099▲
2024 · €20,681
Income taxes
€37,031▲
2024 · €2,626
A ratio outside any meaningful range has been withheld (balance sheet total €247,659, equity €12,400).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,151 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,151 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €391 | €391 | €68 | €971 | €2,000 | ▲ 106% |
| Other operating charges640/8 | €295 | €605 | €658 | €682 | €703 | ▲ 3.1% |
| Non-recurring operating charges66A | €0 | - | - | - | - | - |
| Gross operating margin9900 | €59,896 | -€18,243 | -€1,060 | €19,618 | €168,185 | ▲ 757% |
| Operating profit (loss)9901 | €59,209 | -€19,240 | -€1,786 | €17,965 | €165,482 | ▲ 821% |
| Financial income75/76B | €1,519 | €2,756 | €5,169 | €2,799 | €444 | ▼ 84.1% |
| Recurring financial income75 | €1,519 | €2,756 | €5,169 | €2,799 | €444 | ▼ 84.1% |
| Financial charges65/66B | €404 | €272 | €175 | €310 | €970 | ▲ 212% |
| Recurring financial charges65 | €404 | €272 | €175 | €310 | €970 | ▲ 212% |
| Profit (loss) for the period before taxes9903 | €60,324 | -€16,756 | €3,207 | €20,454 | €164,956 | ▲ 706% |
| Income taxes67/77 | €16,648 | €0 | - | €2,626 | €37,031 | ▲ 1,310% |
| Profit (loss) for the period9904 | €43,676 | -€16,756 | €3,207 | €17,828 | €127,925 | ▲ 618% |
| Profit (loss) for the period to be appropriated9905 | €43,676 | -€16,756 | €3,207 | €17,828 | €127,925 | ▲ 618% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €129,228 | €100,823 | €98,702 | €121,300 | €247,659 | ▲ 104% |
| Fixed assets21/28 | €460 | €68 | €0 | €2,851 | €3,129 | ▲ 9.7% |
| Tangible fixed assets22/27 | €460 | €68 | €0 | €2,851 | €3,129 | ▲ 9.7% |
| Furniture and vehicles24 | €460 | €68 | €0 | €2,851 | €3,129 | ▲ 9.7% |
| Current assets29/58 | €128,768 | €100,754 | €98,702 | €118,448 | €244,529 | ▲ 106% |
| Amounts receivable within one year40/41 | €61,344 | €74,047 | €83,146 | €48,154 | €14,551 | ▼ 69.8% |
| Trade receivables40 | €0 | €10,278 | €15,650 | €155 | €12,100 | ▲ 7,693% |
| Other amounts receivable41 | €61,344 | €63,769 | €67,496 | €47,999 | €2,451 | ▼ 94.9% |
| Current investments50/53 | €22,169 | €22,169 | €13,301 | €13,301 | €71,356 | ▲ 436% |
| Cash at bank and in hand54/58 | €44,526 | €1,698 | €1,467 | €56,502 | €157,847 | ▲ 179% |
| Deferred charges and accrued income490/1 | €730 | €2,840 | €788 | €491 | €775 | ▲ 57.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €129,228 | €100,823 | €98,702 | €121,300 | €247,659 | ▲ 104% |
| Equity10/15 | €107,240 | €90,484 | €93,691 | €100,128 | €12,400 | ▼ 87.6% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €94,840 | €94,840 | €94,840 | €87,728 | €0 | ▼ 100% |
| Distributable reserves133 | €94,840 | €94,840 | €94,840 | €87,728 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €0 | -€16,756 | -€13,549 | €0 | €0 | - |
| Amounts payable17/49 | €21,988 | €10,339 | €5,011 | €21,171 | €235,259 | ▲ 1,011% |
| Amounts payable within one year42/48 | €21,162 | €10,339 | €4,211 | €20,681 | €235,099 | ▲ 1,037% |
| Trade debts44 | €1,037 | €1,581 | €796 | €254 | €518 | ▲ 104% |
| Suppliers440/4 | €1,037 | €1,581 | €796 | €254 | €518 | ▲ 104% |
| Taxes, remuneration and social security45 | €19,325 | €7,658 | €1,548 | €7,554 | €6,827 | ▼ 9.6% |
| Taxes450/3 | €17,822 | €6,145 | €1,548 | €7,554 | €5,827 | ▼ 22.9% |
| Remuneration and social security454/9 | €1,503 | €1,513 | €0 | - | €1,000 | - |
| Other amounts payable47/48 | €800 | €1,100 | €1,867 | €12,873 | €227,754 | ▲ 1,669% |
| Accrued charges and deferred income492/3 | €827 | €0 | €800 | €490 | €160 | ▼ 67.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,676 | -€16,756 | €3,207 | €17,828 | €127,925 | ▲ 618% |
| + Depreciation and write-downs630 | €391 | €391 | €68 | €971 | €2,000 | ▲ 106% |
| Operating cash flow (approximation) | €44,067 | -€16,365 | €3,275 | €18,799 | €129,925 | ▲ 591% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€3,822 | -€2,278 | ▲ 40.4% |
| Change in cash | - | -€42,828 | -€231 | €55,035 | €101,344 | ▲ 84.1% |
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
Next filing, fiscal year 2026, expected by
2026
21-08
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 19-08-2026
- Registered-office move, Nieuwdorp(STE) 62, 9190 Stekene
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €127,925 ▲618%
Operating result €165,482, net result €127,925, both a record.
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €100,000Eq €100,128 ▲6.9%
2 profitable years in a row build equity to €100,128.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €3,207
Net result €3,207 after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 23.44
Current ratio from 9.74 to 23.44; short-term debt falls from €10,339 to €4,211.
23-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€16,756
Net result drops to -€16,756, the lowest in the series; recovery starts the following year.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €107,240 ▲66.6%
3 profitable years in a row build equity to €107,240.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 121 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not 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
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Stekene · 1 establishment unit since 2019
Ground area
2,030 m²
Building footprint
273 m²
Volume, LiDAR
977 m³
Parcel 46322C0231/00B003, Flanders · tallest building 8.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
IM-Projects
since 20192.290.003.813
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46322C0231/00B003 | Flanders | 2,030 m² | 1 · 273 m² | 8.9 m · 1 fl. |
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.
Recognitions · licences · registrations
Legal Entity Identifier
699400C0QNUGBT5XKP04
Similar companies · same sector, comparable size
SECURELABS
BE 0665.839.375
Hasselt · Eq €12,400
LABOTANIQUE
BE 0690.961.484
Liège · Eq €12,400
Hertgaan
BE 0695.387.753
Mol · Eq €12,400
Trixley
BE 0726.412.016
Antwerpen · Eq €12,400
TT INVEST
BE 0680.614.059
Gent · Eq €12,400
Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 25,347 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
Website
www.improjects.be
E-mail
info@im-projects.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0727828711
Also
9925:BE0727828711
Registered
31-10-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.