IMAF
ActiveSummary
IMAF has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €54,380 and a net result of €7,436. Equity is growing by ~11.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
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Signals
This company filed its last 6 accounts on average 109 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)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 31,349 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,034 | €4,656 | €5,296 | €4,398 | €5,785 | ▲ 31.5% |
| Other operating charges640/8 | - | €4,275 | €3,964 | €4,334 | €4,503 | ▲ 3.9% |
| Gross operating margin9900 | €12,691 | €13,589 | €12,788 | €17,666 | €24,687 | ▲ 39.7% |
| Operating profit (loss)9901 | -€588 | €4,658 | €3,528 | €8,934 | €14,400 | ▲ 61.2% |
| Financial income75/76B | - | €274 | - | €0 | - | - |
| Recurring financial income75 | - | €274 | - | €0 | - | - |
| Financial charges65/66B | - | €45 | €45 | €45 | €204 | ▲ 353% |
| Recurring financial charges65 | €380 | €45 | €45 | €45 | €204 | ▲ 353% |
| Profit (loss) for the period before taxes9903 | -€968 | €4,887 | €3,483 | €8,889 | €14,196 | ▲ 59.7% |
| Income taxes67/77 | - | - | - | €67 | €6,760 | ▲ 9,945% |
| Profit (loss) for the period9904 | -€968 | €4,887 | €3,483 | €8,822 | €7,436 | ▼ 15.7% |
| Profit (loss) for the period to be appropriated9905 | -€968 | €4,887 | €3,483 | €8,822 | €7,436 | ▼ 15.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €72,136 | €74,714 | €80,544 | €89,277 | €97,739 | ▲ 9.5% |
| Fixed assets21/28 | €42,642 | €45,084 | €41,018 | €36,620 | €37,994 | ▲ 3.8% |
| Tangible fixed assets22/27 | €42,642 | €45,084 | €41,018 | €36,620 | €37,994 | ▲ 3.8% |
| Land and buildings22 | - | €44,871 | €39,941 | €35,635 | €36,426 | ▲ 2.2% |
| Plant, machinery and equipment23 | - | €213 | €120 | €28 | - | - |
| Furniture and vehicles24 | - | - | €957 | €957 | €1,568 | ▲ 63.9% |
| Current assets29/58 | €29,494 | €29,630 | €39,526 | €52,657 | €59,746 | ▲ 13.5% |
| Cash at bank and in hand54/58 | €28,492 | €29,485 | €39,526 | €52,506 | €59,595 | ▲ 13.5% |
| Deferred charges and accrued income490/1 | - | €145 | - | €151 | €151 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €72,136 | €74,714 | €80,544 | €89,277 | €97,739 | ▲ 9.5% |
| Equity10/15 | €29,752 | €34,639 | €38,123 | €46,944 | €54,380 | ▲ 15.8% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Outside capital11 | - | - | €62,000 | €62,000 | €62,000 | = |
| Other1109/19 | - | - | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €858 | €859 | €859 | €859 | €859 | = |
| Non-distributable reserves130/1 | - | €68 | €68 | €68 | - | - |
| Reserves not available under the articles1311 | - | €68 | €68 | €68 | - | - |
| Distributable reserves133 | - | €791 | €791 | €791 | €859 | ▲ 8.6% |
| Profit (loss) carried forward14 | -€33,106 | -€28,219 | -€24,736 | -€15,914 | -€8,478 | ▲ 46.7% |
| Amounts payable17/49 | €42,384 | €40,075 | €42,421 | €42,333 | €43,359 | ▲ 2.4% |
| Amounts payable after more than one year17 | €34,480 | €34,489 | €34,489 | €34,489 | €26,286 | ▼ 23.8% |
| Other amounts payable178/9 | - | €34,489 | €34,489 | €34,489 | €26,286 | ▼ 23.8% |
| Amounts payable within one year42/48 | €7,904 | €5,586 | €7,932 | €7,844 | €16,473 | ▲ 110% |
| Trade debts44 | €5,225 | €4,286 | €6,632 | €6,544 | €10,807 | ▲ 65.2% |
| Suppliers440/4 | - | €4,286 | €6,632 | €6,544 | €10,807 | ▲ 65.2% |
| Taxes, remuneration and social security45 | - | - | - | - | €4,366 | - |
| Taxes450/3 | - | - | - | - | €4,366 | - |
| Other amounts payable47/48 | - | €1,300 | €1,300 | €1,300 | €1,300 | = |
| Accrued charges and deferred income492/3 | - | - | - | - | €600 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€968 | €4,887 | €3,483 | €8,822 | €7,436 | ▼ 15.7% |
| + Depreciation and write-downs630 | €9,034 | €4,656 | €5,296 | €4,398 | €5,785 | ▲ 31.5% |
| Operating cash flow (approximation) | €8,066 | €9,543 | €8,779 | €13,220 | €13,220 | = |
| Investment in fixed assets (approximation) | - | -€7,098 | -€1,230 | -€0 | -€7,158 | ▼ 1,883,639% |
| Change in cash | - | €993 | €10,041 | €12,980 | €7,089 | ▼ 45.4% |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52010A0693/00P000 | Wallonia | 332 m² | 1 · 63 m² | 10.7 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.