IMA BUILD
ActiveIMA BUILD has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €78k and a net result of €1k. Equity is growing by ~7.4% per year across the filed fiscal years. Its solvency ranks better than 38% of 7293 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
73
/ 100
Healthy▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▼-2
Solvency62▲+34
Growth51=
Stability100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.47 against 1.17 in 2024), and 67.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
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
32.5%
Return on assets
0.5%
Age of the figures
10 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-10-2025 was due by 31-05-2026 and was filed on 15-05-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
1 d early
2023
8 d early
2022
27 d late
2021
800 d late
2020
14 d late
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-10-2026 and is due by 31-05-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-10-2026 close31-05-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€916k▲ 6.7%
2024 · €858k
2018: €668k
2019: €944k
2020: €904k
2021: €801k
2022: €642k
2023: €635k
2024: €858k
2018 → 2025
EBIT margin
1.3%▲ 0.2pp
2024 · 1.1%
2018: 2.3%
2019: 2.1%
2020: 1.1%
2021: 1.5%
2022: 1.9%
2023: 0.4%
2024: 1.1%
2018 → 2025
Net result
€1k▼ 61.4%
2024 · €3k
2018: €8k
2019: €11k
2020: €3k
2021: €9k
2022: €8k
2023: €519
2024: €3k
2018 → 2025
Working capital
€40k▼ 6.4%
2024 · €42k
2018: €37k
2019: €48k
2020: €48k
2021: €58k
2022: €63k
2023: €66k
2024: €42k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€801k-€642k▼ 19.9%€635k▼ 1.0%€858k▲ 35.1%€916k▲ 6.7%
Equity€65k-€73k▲ 12.7%€74k▲ 0.7%€77k▲ 3.9%€78k▲ 1.5%
Operating result€12k-€12k▼ 1.3%€3k▼ 79.0%€9k▲ 271%€12k▲ 26.6%
Net result€9k-€8k▼ 5.9%€519▼ 93.7%€3k▲ 463%€1k▼ 61.4%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 27% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €236k
Fixed assets
€112k▲ 6.8%
Current assets
€124k▼ 57.0%
Equity and liabilities €240k
Equity
€78k▲ 1.5%
Debt
€162k▼ 49.5%
The debt ratio falls from 80.7% to 67.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€39k▲
2024 · €24k
Cash flow
€28k▲
2024 · €17k
Solvency
32.5%▲
2024 · 19.3%
Current ratio
1.47▲
2024 · 1.17
Quick ratio
1.47▲
2024 · 1.17
Debt / equity
2.08▼
2024 · 4.18
ROE
1.4%▼
2024 · 3.8%
ROA
0.5%▼
2024 · 0.7%
Interest coverage
4.59▲
2024 · 2.75
Debt
€162k▼
2024 · €321k
Debt ≤ 1 year
€84k▼
2024 · €245k
Debt > 1 year
€78k▲
2024 · €77k
Income taxes
€2k▲
2024 · €2k
Staff costs
€21k▲
2024 · €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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€398k€240k▼
Formation expenses20€6k€5k▼
Fixed assets21/28€105k€112k▲
Tangible fixed assets22/27€105k€112k▲
Land and buildings22€35k€31k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€5k€3k▼
Leasing and similar rights25€62k€75k▲
Current assets29/58€287k€124k▼
Amounts receivable within one year40/41€254k€105k▼
Trade receivables40€215k€80k▼
Other amounts receivable41€39k€25k▼
Cash at bank and in hand54/58€10k€4k▼
Deferred charges and accrued income490/1€23k€14k▼
Equity and liabilities
Total equity and liabilities10/49€398k€240k▼
Equity10/15€77k€78k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€63k€64k▲
Amounts payable17/49€321k€162k▼
Amounts payable after more than one year17€77k€78k▲
Financial debts170/4€77k€78k▲
Amounts payable within one year42/48€245k€84k▼
Current portion of amounts payable after more than one year42€8k€5k▼
Financial debts43€38k€47k▲
Credit institutions430/8€38k€47k▲
Trade debts44€192k€20k▼
Suppliers440/4€192k€20k▼
Taxes, remuneration and social security45€6k€6k▼
Taxes450/3€2k€2k▲
Remuneration and social security454/9€4k€4k▼
Other amounts payable47/48-€7k
Income statement
Code20242025
Turnover70€858k€916k▲
Goods, raw materials, services and sundry goods60/61€838k€875k▲
Remuneration, social security and pensions62€5k€21k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€27k▲
Other operating charges640/8€851€2k▲
Non-recurring operating charges66A-€1k
Gross operating margin9900€30k€64k▲
Operating profit (loss)9901€9k€12k▲
Financial income75/76B€4k€29▼
Recurring financial income75€4k€29▼
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€5k€3k▼
Income taxes67/77€2k€2k▲
Profit (loss) for the period9904€3k€1k▼
Profit (loss) for the period to be appropriated9905€3k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€63k€64k▲
Profit (loss) brought forward from the previous period14P€60k€63k▲
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
Next filing, fiscal year 2026, expected by
2026
15-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 800 days late
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-10
Financial
Weakest financial yearnet €519 ▼93.7%
Net result drops to €519, the lowest in the series; recovery starts the following year.
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 14 days late
2020
31-10
Financial
Liquidity doublescurrent ratio 2.61
Current ratio from 1.24 to 2.61; short-term debt falls from €202k to €30k.
29-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-10
Financial
Highest result since 2018net €11k ▲33.5%
Operating result €20k, net result €11k, both a record.
17-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
19-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 264 days late
2017
28-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ganshoren · 1 establishment unit since 2014
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.
Keizer Karellaan 2241083 GanshorenGround area
306 m²
Building footprint
175 m²
Volume, LiDAR
2,354 m³
Parcel 21392A0079/00C004, Brussels · tallest building 20.4 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Keizer Karellaan 224, 1083 Ganshoren
since 20142.227.346.959
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21392A0079/00C004 | Brussels | 306 m² | 1 · 175 m² | 20.4 m · 6 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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MICHAEL HOMERIN
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Of 29,531 companies in sector 41001 we hold annual accounts for 15,864. 13,059 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-01-2014
Fiscal year end31-10
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.