IMACAR
IMACAR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €19.70M and a net result of €4.42M. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 77% of 673 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €19.70M |
| Net result | €4.42M |
| Staff (FTE) | 6 |
| Better than sector | 77% |
Strong profile, led by profitability.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 80.0% | 44.8% | |
| Net result | €4.42M | €50k | |
| Equity | €19.70M | €1.35M | |
| Staff costs | €538k | €196k | |
| Employees (FTE) | 6.0 | 1.4 |
| Fiscal year | 2024 |
|---|---|
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €4.42M |
| Cash flow | n/a |
| Staff costs | €538k |
| Income taxes | €892 |
| Dividends | - |
| Total assets | €24.62M |
| Equity | €19.70M |
| Debt | €4.92M |
| of which ≤ 1y | €4.81M |
| of which > 1y | - |
| Working capital | n/a |
| Employees (FTE) | 6.0 |
| 2024 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 80.0% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 17.9% |
| ROE | 22.4% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €24.62M |
| Fixed assets | 21/28 | €15.63M |
| Tangible fixed assets | 22/27 | €6k |
| Financial fixed assets | 28 | €15.62M |
| Current assets | 29/58 | €9.00M |
| Amounts receivable within one year | 40/41 | €1.95M |
| Investments | 50/53 | €3.09M |
| Cash & bank | 54/58 | €3.88M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €24.62M |
| Equity | 10/15 | €19.70M |
| Contributions / capital | 10/11 | €500k |
| Reserves | 13 | €19.20M |
| Accumulated profits (losses) | 14 | €663 |
| Amounts payable | 17/49 | €4.92M |
| Amounts payable within one year | 42/48 | €4.81M |
| Trade debts payable within one year | 44 | €426k |
| Income statement | ||
| Turnover | 70 | €2.51M |
| Operating result | 9901 | €1.00M |
| Financial income | 75 | €4.25M |
| Financial charges | 65 | €109k |
| Result before taxes | 9903 | €4.42M |
| Income taxes | 67/77 | €892 |
| Net result for the period | 9904 | €4.42M |
| Result to be appropriated | 9905 | €4.42M |
| NACE primary | Financial services(64210) |
| Legal form | Public limited company(014) |
| Incorporation | 04-01-2008 |
| Status | Active |
| Postal code | 9070 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44028A0481/00S000 | Flanders | 1,173 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
08-07-2025 2 directors appointed, 1 resigning
- JJMP Projects, Bestuurder
- Paul Joncheere, Vaste vertegenwoordiger
- Paul Joncheere, Bestuurder
Technical details
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}09-12-2024 FIGURAD BEDRIJFSREVISÖREN BV appointed as statutory auditor
- FIGURAD BEDRIJFSREVISÖREN BV, Commissaris
Technical details
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}13-03-2024 Change in the board of directors
Technical details
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}10-01-2024 Articles of association amended
Technical details
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}23-12-2021 Ann De Causmaecker appointed as statutory auditor
- Ann De Causmaecker, Commissaris
Technical details
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}08-10-2019 3 directors appointed
- Stéphan Vanhoecke, Bestuurder
- Stéphan Vanhoecke, Gedelegeerd bestuurder
- Stéphan Vanhoecke, Voorzitter van de raad van bestuur
Technical details
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}28-12-2018 Paul Joncheere appointed as director
- Paul Joncheere, Bestuurder
Technical details
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}06-12-2018 1 director appointed, 1 resigning
- Ann De Causmaecker, Commissaris
- Luc Criel, Commissaris
Technical details
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}27-10-2016 Capital decrease of €4,000,000 to €500,000
- €4.500.000 → €500.000
- Inbreng in geld · Apport en numéraire
Technical details
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}17-10-2016 Roels, Criel & Co, Bedrijfsrevisoren BVBA appointed as statutory auditor
- Roels, Criel & Co, Bedrijfsrevisoren BVBA, Commissaris
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | IMACAR |