Equity
Equity fell by 56% in 1 year.
Equity fell by 56% in 1 year.
The result rose in 2025 from €86,318 to €339,738.
The micro format states no turnover.
Short-term debts rose from €45,159 to €116,530.
Higher net result than 95% of companies in legal and accounting. Sector median €36,724 · 16,430 companies.
In July 2024, 7,983 companies had the same profile as IMAG has now. Each dot stands for 20 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,983 companies, not a prediction for IMAG. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| IMAG Florennes | €157,613 | €452,099 | 26.1% | - |
| NFD-GES Saint-Josse-ten-Noode | €167,148 | €244,849 | 0.8% | - |
| Michel HERBAY Eghezée | €226,469 | €337,126 | 0.9% | - |
| B.L.O.N. Management Heist-op-den-Berg | €210,718 | €250,247 | 3.5% | - |
| Astrid Comijn, Notaris Brussels | €203,869 | €220,898 | 2.9% | - |
| Notaris Filip Junius Hasselt | €274,872 | €349,251 | 23.2% | - |
| NOTARIS MATHIEU VALCKE Antwerp | €182,520 | €190,640 | 4.4% | - |
These companies have the same main activity as IMAG: activities of notaries (NACE 69102). They are comparable in size and age: total assets between €167,000 and €275,000, founded between 2020 and 2022.
IMAG files the micro format. That format states no turnover. The gross margin rose from €9,870 in 2022 to €452,099 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €730,000. Estimated: probably between €650,000 and €880,000.
Higher than 24% of 16,430 companies in 2025.
Higher than 30% of 16,170 companies in 2025.
Higher than 95% of 16,307 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
157,613 | 139,504 | 22,203 | 40,092 | |
20 |
- | - | 0 | 975 | |
21/28 |
6,324 | 7,062 | 0 | 10,431 | |
22/27 |
6,324 | 7,062 | 0 | 10,431 | |
23 |
6,324 | 7,062 | - | - | |
24 |
- | - | 0 | 10,431 | |
29/58 |
151,289 | 132,442 | 22,203 | 28,687 | |
40/41 |
50,000 | 100,000 | 1,435 | - | |
40 |
50,000 | 100,000 | - | - | |
41 |
- | 0 | 1,435 | - | |
54/58 |
97,652 | 30,228 | 19,582 | 23,020 | |
490/1 |
3,637 | 2,214 | 1,186 | 5,667 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
157,613 | 139,504 | 22,203 | 40,092 | |
10/15 |
41,083 | 94,345 | 8,027 | 7,112 | |
10/11 |
4,500 | 4,500 | 4,500 | 4,500 | |
14 |
36,583 | 89,845 | 3,527 | 2,612 | |
17/49 |
116,530 | 45,159 | 14,176 | 32,980 | |
42/48 |
116,530 | 45,159 | 14,176 | 32,980 | |
44 |
2,829 | 7,879 | 619 | 5,838 | |
440/4 |
2,829 | 7,879 | 619 | 5,838 | |
45 |
113,541 | 35,119 | 11,356 | 10,161 | |
450/3 |
113,541 | 35,119 | 11,356 | 10,161 | |
47/48 |
160 | 2,160 | 2,201 | 16,981 | |
| Income statement | |||||
9900 |
452,099 | 114,057 | 7,237 | 9,870 | |
630 |
739 | 323 | 975 | 4,491 | |
640/8 |
635 | 366 | 1,744 | 658 | |
9901 |
450,725 | 113,367 | 4,518 | 4,722 | |
65/66B |
2,529 | 2,566 | 2,229 | 54 | |
65 |
2,529 | 2,566 | 2,229 | 54 | |
9903 |
448,196 | 110,801 | 2,289 | 4,668 | |
67/77 |
108,458 | 24,483 | 1,375 | 2,056 | |
9904 |
339,738 | 86,318 | 914 | 2,612 | |
9905 |
339,738 | 86,318 | 914 | 2,612 | |
| Appropriation of the result | |||||
9906 |
429,583 | 89,845 | 3,527 | 2,612 | |
14P |
89,845 | 3,527 | 2,612 | - | |
694/7 |
393,000 | - | - | - | |
694 |
393,000 | - | - | - | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 451,464 | 113,690 | 5,493 | 9,213 | ||
| 340,477 | 86,642 | 1,889 | 7,103 | ||
| 0 | 7,386 | -9,456 | 13,922 | ||
| 67,424 | 10,646 | -3,438 | - | ||
| 34,759 | 87,283 | 8,027 | -4,293 | ||
| 26.1% | 67.6% | 36.2% | 17.7% | ||
| 1.30 | 2.93 | 1.57 | 0.87 | ||
| 2.84 | 0.48 | 1.77 | 4.64 | ||
| 827.0% | 91.5% | 11.4% | 36.7% | ||
| 215.6% | 61.9% | 4.1% | 6.5% | ||
| over 100 | 44.31 | 2.46 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €7,386 | - | €13,922 |
| €739 | €323 | €975 | €4,491 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is nearly 4 times that of 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 32.4% to 73.9%. Equity is lower and debt is higher.
IMAG has no parent and no holdings in its annual accounts. is the only director.
| L&D Not, société notariale
registered office since 09-08-2018 · founded in 2018 |
11 FTE (2025) 0700.765.513 |
| WIDIMAC
registered office since 08-01-2015 · founded in 2015 |
total assets €725,361 (2025) 0568.518.483 |
| DAZIA
registered office since 28-06-2022 · founded in 2022 |
total assets €393,493 (2025) 0787.733.337 |
| Vraciu, Cristina (sole trader)
establishment since 01-10-2016 |
founded in 2016 0664.745.057 |
| WIDI-NOT
registered office since 01-01-2016 |
founded in 2016 0648.677.503 |
| De Boey, Jacques (sole trader)
establishment since 20-01-1995 |
founded in 1995 0689.396.618 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Start date | Unit number |
|---|---|---|
| Rue de Mettet 68 registered office 5620 Florennes | 28-06-2022 | 2.332.669.856 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 93022L0213/00Z004 | 487 m² | 1 · 241 m² | 11.4 m · 3 |
If something looks wrong or is missing, please tell us.