Image Concepts
ActiveSummary
Image Concepts has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €73k and a net result of €3k. Equity is growing by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 74% of 4354 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
88
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+24
Solvency98▼-2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.51 against 6.42 in 2023; short-term debt: 26.6% and cash: 63% of total assets), and 26.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
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
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 2024Solvency, return and age of the figures
Solvency
73.4%
Return on assets
3.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
1 d early
2022
30 d late
2021
30 d late
2020
19 d early
2019
4 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€73k▼ 10.9%
2023 · €82k
2018: €56k
2019: €58k
2020: €77k
2021: €87k
2022: €82k
2023: €82k
2018 → 2024
Total assets
€100k▲ 4.1%
2023 · €96k
2018: €104k
2019: €81k
2020: €105k
2021: €106k
2022: €103k
2023: €96k
2018 → 2024
Net result
€3k
2023 · €-41
2018: €8k
2019: €3k
2020: €19k
2021: €9k
2022: €2k
2023: €-41
2018 → 2024
Working capital
€67k▼ 10.3%
2023 · €74k
2018: €59k
2019: €55k
2020: €71k
2021: €76k
2022: €72k
2023: €74k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€77k-€87k▲ 12.2%€82k▼ 5.2%€82k=€73k▼ 10.9%
Operating result€25k-€15k▼ 42.8%€4k▼ 74.4%€2k▼ 58.1%€6k▲ 305%
Net result€19k-€9k▼ 49.6%€2k▼ 83.6%€-41€3k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 305% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €100k
Fixed assets
€7k ▼ 16.9%
Current assets
€93k ▲ 6.0%
Equity and liabilities €100k
Equity
€73k ▼ 10.9%
Debt
€27k ▲ 93.8%
Debt's share of the balance-sheet total rises from 14.3% to 26.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▲
2023 · €4k
Cash flow
€5k▲
2023 · €2k
Current ratio
3.51▼
2023 · 6.42
Quick ratio
2.50▼
2023 · 4.49
Debt to equity
0.36▲
2023 · 0.17
ROE
4.5%▲
2023 · 0.0%
ROA
3.3%▲
2023 · 0.0%
Interest coverage
6.43▲
2023 · 3.69
Debt ≤ 1 year
€27k▲
2023 · €14k
Income taxes
€2k▲
2023 · €543
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet
Code20232024
Assets
Total assets20/58€96k€100k▲
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€8k€6k▼
Land and buildings22€432€409▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€0-
Other tangible fixed assets26€6k€5k▼
Financial fixed assets28€90€90=
Current assets29/58€88k€93k▲
Stocks and contracts in progress3€26k€27k▲
Stocks30/36€26k€27k▲
Amounts receivable within one year40/41€175€3k▲
Trade receivables40€175€3k▲
Other amounts receivable41€0-
Cash at bank and in hand54/58€61k€63k▲
Deferred charges and accrued income490/1€494€742▲
Equity and liabilities
Total equity and liabilities10/49€96k€100k▲
Equity10/15€82k€73k▼
Contributions10/11€19k€19k=
Reserves13€63k€54k▼
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133€62k€54k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€14k€27k▲
Amounts payable within one year42/48€14k€27k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€3k€3k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9€902€902=
Other amounts payable47/48€7k€18k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€5k€9k▲
Operating profit (loss)9901€2k€6k▲
Financial income75/76B€34€33▼
Recurring financial income75€34€33▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€502€5k▲
Income taxes67/77€543€2k▲
Profit (loss) for the period9904€-41€3k▲
Profit (loss) for the period to be appropriated9905€-41€3k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-41€3k▲
Transfer from equity791/2€41€12k▲
Transfer to equity691/2€0€3k▲
To other reserves6921€0€3k▲
Profit to be distributed694/7€0€12k▲
Return on contributions (dividend)694€0€12k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-41 ▼103%
Net result drops to €-41, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €19k ▲596%
Operating result €25k, net result €19k, both a record.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Diepenbeek · 1 establishment unit since 2007
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.
Nieuwstraat 873590 DiepenbeekGround area
1,497 m²
Building footprint
341 m²
Volume, LiDAR
2,117 m³
Parcel 71011I2461/00A000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMAGE CONCEPTS
since 20072.167.843.595
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71011I2461/00A000 | Flanders | 1,497 m² | 1 · 341 m² | 7.6 m · 2 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.
Similar companies · same sector, comparable size
N.J.D.A.
BE 0447.403.590
Liège · Eq €73,026
Creative Video Productions Belgium
BE 0764.848.166
Vilvoorde · Eq €73,023
ARCHITECTENBUREAU NEC+ULTRA
BE 0882.525.596
Sint-Martens-Latem · Eq €72,985
ARCHITECTENBUREAU MANU LENDERS
BE 0891.242.928
Aartselaar · Eq €72,918
ARCHITECTENBUREAU WERCK NANCY
BE 0867.211.573
Hasselt · Eq €73,269
Of 14,143 companies in sector 74201 we hold annual accounts for 2,612. 2,142 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
74201Photography, excluding press photography
47742Retail sale of prescription glasses, lenses and sunglasses
63100Computing infrastructure, data processing, hosting and related activities
73110Advertising agencies
73120Media representation
74209Other photographic activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.