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Imac

Active
Public limited companyfounded 197650 yrs activeRue du Rond-Point(FOR) 293, 6464 Chimay, BelgiumKBO/BCE: BE 0416.778.316
Summary

The computed 12-month bankruptcy probability of Imac is 1.6% (moderate). For Imac, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€189,188) and a net result of -€3,843. Equity is shrinking by ~8.1% per year across the filed fiscal years. The company has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability32▼-26
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 2023
Solvency, return and age of the figures
Solvency
-143.3%
Return on assets
-2.9%
Age of the figures
33 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 50 years 0 60 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 14-01-2025, 167 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
167 d late
2022
533 d late
2021
100 d late
2020
241 d late
2019
336 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 275 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Imac was incorporated on 29 July 1976.1 Total assets fell from EUR 248,980 in 2018 to EUR 132,007 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, micro schema

Equity
-€189,188▼ 2.1%
2022 · -€185,346
Total assets
€132,007▼ 31.6%
2022 · €192,947
Net result
-€3,843▲ 76.8%
2022 · -€16,572
Working capital
-€288,682▼ 8.0%
2022 · -€267,320
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
Line20192020202120222023
Operating result-€2,132▲ 86.1%-€6,251▼ 193%-€20,684▼ 231%-€14,966▲ 27.6%€998
Net result-€4,201▲ 76.0%-€8,987▼ 114%-€21,817▼ 143%-€16,572▲ 24.0%-€3,843▲ 76.8%
Equity-€137,970▼ 3.1%-€146,957▼ 6.5%-€168,774▼ 14.8%-€185,346▼ 9.8%-€189,188▼ 2.1%
Total assets€237,324▼ 4.7%€225,568▼ 5.0%€186,817▼ 17.2%€192,947▲ 3.3%€132,007▼ 31.6%
Debt€375,293▼ 1.9%€372,525▼ 0.7%€355,591▼ 4.5%€378,293▲ 6.4%€321,195▼ 15.1%
Working capital-€251,234▼ 2.8%-€256,291▼ 2.0%-€269,870▼ 5.3%-€267,320▲ 0.9%-€288,682▼ 8.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2019: -€2,132-€2,132Net result 2019: -€4,201-€4,201Operating result 2020: -€6,251-€6,251Net result 2020: -€8,987-€8,987Operating result 2021: -€20,684-€20,684Net result 2021: -€21,817-€21,817Operating result 2022: -€14,966-€14,966Net result 2022: -€16,572-€16,572Operating result 2023: €998€998Net result 2023: -€3,843-€3,84320192020202120222023-€30,000-€20,000-€10,000€0Operating result 2021: -€20,684-€20,700Net result 2021: -€21,817-€21,800Operating result 2022: -€14,966-€15,000Net result 2022: -€16,572-€16,600Operating result 2023: €998€998Net result 2023: -€3,843-€3,840202120222023
The operating result returns to profit in 2023: €998 after a loss of €14,966 in 2022, the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €132,007
Fixed assets €130,000 ▼ 6.1%
Current assets €2,007 ▼ 96.3%
Key figures and ratios
2023 value · change against 2022
EBITDA
€9,498▲
2022 · €9,476
Cash flow
€4,657▼
2022 · €7,869
Solvency
-143.3%▼
2022 · -96.1%
Current ratio
0.01▼
2022 · 0.17
Debt to equity
-1.70▲
2022 · -2.04
ROA
-2.9%▲
2022 · -8.6%
Interest coverage
1.98▼
2022 · 11.48
Debt ≤ 1 year
€290,688▼
2022 · €321,767
Debt > 1 year
€30,507▼
2022 · €56,526
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 43 lines
Balance sheet Code20222023
Assets
Total assets20/58€192,947€132,007▼
Fixed assets21/28€138,500€130,000▼
Tangible fixed assets22/27€138,500€130,000▼
Land and buildings22€138,500€130,000▼
Current assets29/58€54,447€2,007▼
Amounts receivable within one year40/41€51,824-
Trade receivables40€34,750-
Other amounts receivable41€17,074-
Cash at bank and in hand54/58€2,623€1,296▼
Deferred charges and accrued income490/1-€711
Equity and liabilities
Total equity and liabilities10/49€192,947€132,007▼
Equity10/15-€185,346-€189,188▼
Contributions10/11€62,184€62,184=
Capital10€62,184€62,184=
Issued capital100€62,184€62,184=
Reserves13€1,933€1,933=
Non-distributable reserves130/1€1,933€1,933=
Legal reserve130€1,933€1,933=
Profit (loss) carried forward14-€249,463-€253,306▼
Amounts payable17/49€378,293€321,195▼
Amounts payable after more than one year17€56,526€30,507▼
Financial debts170/4€56,526€30,507▼
Amounts payable within one year42/48€321,767€290,688▼
Current portion of amounts payable after more than one year42€5,318€18,094▲
Trade debts44€135-
Suppliers440/4€135-
Taxes, remuneration and social security45€826€826=
Taxes450/3€826€826=
Other amounts payable47/48€315,488€271,769▼
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,441€8,500▼
Other operating charges640/8€1,728€1,677▼
Non-recurring operating charges66A-€815
Gross operating margin9900€11,203€11,990▲
Operating profit (loss)9901-€14,966€998▲
Financial charges65/66B€878€4,840▲
Recurring financial charges65€825€4,807▲
Non-recurring financial charges66B€53€33▼
Profit (loss) for the period before taxes9903-€15,844-€3,843▲
Income taxes67/77€728-
Profit (loss) for the period9904-€16,572-€3,843▲
Profit (loss) for the period to be appropriated9905-€16,572-€3,843▲
Appropriation of the result
Profit (loss) to be appropriated9906-€249,463-€253,306▼
Profit (loss) brought forward from the previous period14P-€232,891-€249,463▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,250€21,702€24,511€24,441€8,500▼ 65.2%
Other operating charges640/8--€2,407€1,728€1,677▼ 2.9%
Non-recurring operating charges66A----€815-
Gross operating margin9900€22,903€19,988€6,234€11,203€11,990▲ 7.0%
Operating profit (loss)9901-€2,132-€6,251-€20,684-€14,966€998▲ 107%
Financial charges65/66B--€870€878€4,840▲ 451%
Recurring financial charges65€1,374€2,112€870€825€4,807▲ 482%
Non-recurring financial charges66B---€53€33▼ 37.9%
Profit (loss) for the period before taxes9903-€3,506-€8,363-€21,554-€15,844-€3,843▲ 75.7%
Income taxes67/77€695€624€263€728--
Profit (loss) for the period9904-€4,201-€8,987-€21,817-€16,572-€3,843▲ 76.8%
Profit (loss) for the period to be appropriated9905-€4,201-€8,987-€21,817-€16,572-€3,843▲ 76.8%
Line20192020202120222023Change
Assets
Total assets20/58€237,324€225,568€186,817€192,947€132,007▼ 31.6%
Fixed assets21/28€209,155€187,452€162,941€138,500€130,000▼ 6.1%
Tangible fixed assets22/27€209,155€187,452€162,941€138,500€130,000▼ 6.1%
Land and buildings22--€162,941€138,500€130,000▼ 6.1%
Current assets29/58€28,169€38,116€23,876€54,447€2,007▼ 96.3%
Amounts receivable within one year40/41€27,144€34,982€20,274€51,824--
Trade receivables40--€3,200€34,750--
Other amounts receivable41--€17,074€17,074--
Cash at bank and in hand54/58€1,025€1,784€3,602€2,623€1,296▼ 50.6%
Deferred charges and accrued income490/1----€711-
Equity and liabilities
Total equity and liabilities10/49€237,324€225,568€186,817€192,947€132,007▼ 31.6%
Equity10/15-€137,970-€146,957-€168,774-€185,346-€189,188▼ 2.1%
Contributions10/11€62,184€62,184€62,184€62,184€62,184=
Capital10--€62,184€62,184€62,184=
Issued capital100--€62,184€62,184€62,184=
Reserves13€1,933€1,933€1,933€1,933€1,933=
Non-distributable reserves130/1--€1,933€1,933€1,933=
Legal reserve130--€1,933€1,933€1,933=
Profit (loss) carried forward14-€202,087-€211,074-€232,891-€249,463-€253,306▼ 1.5%
Amounts payable17/49€375,293€372,525€355,591€378,293€321,195▼ 15.1%
Amounts payable after more than one year17€95,890€78,118€61,845€56,526€30,507▼ 46.0%
Financial debts170/4--€61,845€56,526€30,507▼ 46.0%
Amounts payable within one year42/48€279,403€294,407€293,746€321,767€290,688▼ 9.7%
Current portion of amounts payable after more than one year42--€17,760€5,318€18,094▲ 240%
Trade debts44€4,350€771€2,898€135--
Suppliers440/4--€2,898€135--
Taxes, remuneration and social security45--€826€826€826=
Taxes450/3--€826€826€826=
Other amounts payable47/48--€272,262€315,488€271,769▼ 13.9%
Line20192020202120222023Change
Profit (loss) for the period9904-€4,201-€8,987-€21,817-€16,572-€3,843▲ 76.8%
+ Depreciation and write-downs630€23,250€21,702€24,511€24,441€8,500▼ 65.2%
Operating cash flow (approximation)€19,049€12,715€2,694€7,869€4,657▼ 40.8%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash-€759€1,817-€979-€1,327▼ 35.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
14-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 167 days late
14-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 533 days late
2022
08-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 100 days late
29-03
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 241 days late
2021
31-12
Financial Weakest financial yearnet -€21,817
Net result drops to -€21,817, the lowest in the series; recovery starts the following year.
02-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 336 days late
2019
28-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
04-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 126 days late
2017
27-11
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 119 days late
06-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 310 days late
2016
30-05
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 304 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
8 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, Chimay · 1 establishment unit since 1976
seat establishment The establishment unit on the map
Ground area
5,171 m²
Building footprint
535 m²
Volume, LiDAR
5,017 m³
Parcel 56027C0005/00P043, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Rond-Point(FOR) 293, 6464 Chimay
NACE 7020301
since 19762.371.518.059
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
56027C0005/00P043 Wallonia 5,170 m² 1 · 535 m² 11.8 m · 3 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.

Identification & contact

Identification
Legal formPublic limited company
Founded29-07-1976
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0416778316
Also 9925:BE0416778316
Registered 27-05-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.