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IMAGEby

Active Private limited company (pre-2019)founded 2007active for 19 yearsK.M.-Hendrikalaan 23, 1190 ForestKBO/BCE: BE 0888.853.956

Lifetime

18 annual accounts with figures on one time axis
peak €18,304 (2013)
€9,832▼ 19.8%
lowest -€20,656 (2007)
-€4,149▼ €1,150
peak €10,345 (2007)
-€20,229▼ €4,149
€43,314▲ 0.1%
Documentsfilings and deeds
02-06-202659 days before the deadline
2025micro format
Turnover from €12,260 to €9,832Gross margin from €1,188 to €122Loss of €4,149Equity from -€16,080 to -€20,229

Key points

from the 2025 annual accounts

Equity

-€20,229
202020212022202320242025

Debts exceed assets in financial year 2025.

Losses

-€7,148 in two years
-2,9992024-4,1492025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Debts

€43,314 188% of the balance sheet
Suppliers 4%Taxes and wages 4%Other 92%

Payment terms

61 days to suppliers
Suppliers
3 to 61
Customers
168 to 200

IMAGEby pays its suppliers 58 days later than in 2024. Customers pay 32 days later.

Filings

18 annual accounts since 2007
AprilJune31 JulyOctober2010201520202025

Seven of the last ten came late. The 2019 accounts came latest: 31 days after the end of the period.

Position in the sector

-87.6%

Lower solvency than 92% of companies in other professional activities. Sector median 49.6% · 4,566 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,920 companies had the same profile as IMAGEby has now. Each dot stands for 18 companies, two years later.

85.3%
were still trading
8.3%
stopped another way
5.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.7% stopped without a precise date, possibly only after those two years.

Test of the method

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 6,920 companies, not a prediction for IMAGEby. 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.

Credit verdict

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Signals

Recent changes

First establishment K.M.-Hendrikalaan 23, Forest
Incorporation published on 26-04-2007 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
IMAGEby Forest €23,085 €122 -87.6% -
DYOD Sint-Gillis (bij-Brussel) €19,486 €82 -95.8% -
HENDRIK BIEGS FOTOGRAFIE Herentals €26,824 -€8,227 -34.7% -
YOVA TECH DESIGN Lincent €19,705 -€1,863 -80.2% -
LIENCE Mons €29,801 -€530 14.8% -
Tanali Woluwe-Saint-Pierre €28,872 €1,676 12.4% -
STILLMATION Herzele €37,262 -€19,218 -17.1% -

These companies have the same main activity as IMAGEby: photography, excluding press photography (NACE 74201). They are comparable in size and age: total assets between €19,500 and €37,300, founded between 2004 and 2011.

Official details

Source: KBO
Status
Active since 18-04-2007Normal situation
Activity
Photography, excluding press photographyNACE 74201
Establishment unit
2.256.298.4891190 Forest, since 18-09-2013
Financial year end
31 December
Peppol
Reachable
Company details

Annual accounts 2025

€23,085▼ 15.1%
Filing
Filed on 02-06-2026, 59 days before the end of the filing period
Financials

Insights on IMAGEby

IMAGEby has existed since 2007. Turnover fell from €16,911 in 2007 to €9,832 in 2025.

Solvency fell in 2025 from -59.1% to -87.6% because of the loss and higher debts to suppliers.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about IMAGEby

What is the company number of IMAGEby?
The company number of IMAGEby is 0888.853.956. The VAT number is the same number with BE in front: BE 0888.853.956.
Where is IMAGEby based?
The registered office is at K.M.-Hendrikalaan 23, 1190 Forest.Company details
What does IMAGEby do?
According to the KBO register, the main activity is photography, excluding press photography (NACE 74201).
What is the legal form of IMAGEby?
IMAGEby is a private limited company (pre-2019) (BVBA).
When was IMAGEby founded?
IMAGEby was founded on 18-04-2007.
Is IMAGEby still active?
Yes, IMAGEby is an active enterprise in the KBO register.
What is the turnover of IMAGEby?
The turnover of IMAGEby was €9,832 in financial year 2025, according to the filed annual accounts.Financials
Is IMAGEby profitable?
In financial year 2025, IMAGEby made a loss of €4,149.
Where can I find the annual accounts of IMAGEby?
IMAGEby filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IMAGEby due?
IMAGEby must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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