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IMAGINATION DESIGN

Active
Private limited companyfounded 201016 yrs activeHoutstraat 86, 3890 Gingelom, BelgiumKBO/BCE: BE 0827.568.861

IMAGINATION DESIGN has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20k and a net result of €16k. Equity is growing by ~34.5% per year across the filed fiscal years. Its solvency ranks better than 30% of 27450 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
68 / 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+9
Solvency53▲+22
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.3 in 2024; short-term debt: 64.1% of total assets), but 71.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 16 years 0 20 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
28.4%
Return on assets
23.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-08-2026, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
29 d late
2024
30 d late
2023
31 d late
2022
31 d late
2021
31 d late
2020
7 d late
2019
104 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€20k▲ 479%
2024 · €3k
2018: €-41k 2019: €-40k 2020: €-46k 2021: €-37k 2022: €-23k 2023: €-12k 2024: €3k
2018 → 2025
Total assets
€70k▲ 30.3%
2024 · €53k
2018: €33k 2019: €37k 2020: €23k 2021: €37k 2022: €38k 2023: €47k 2024: €53k
2018 → 2025
Net result
€16k▲ 4.2%
2024 · €16k
2018: €-22k 2019: €992 2020: €-6k 2021: €9k 2022: €14k 2023: €11k 2024: €16k
2018 → 2025
Working capital
€25k▲ 104%
2024 · €12k
2018: €-25k 2019: €-26k 2020: €-27k 2021: €-18k 2022: €-7k 2023: €162 2024: €12k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€-37k-€-23k▲ 37.8%€-12k▲ 46.8%€3k€20k▲ 479%
Operating result€13k-€18k▲ 43.7%€16k▼ 12.9%€21k▲ 31.7%€23k▲ 9.6%
Net result€9k-€14k▲ 57.5%€11k▼ 23.0%€16k▲ 45.3%€16k▲ 4.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20kOperating result 2021: €13k€13kNet result 2021: €9k€9kOperating result 2022: €18k€18kNet result 2022: €14k€14kOperating result 2023: €16k€16kNet result 2023: €11k€11kOperating result 2024: €21k€21kNet result 2024: €16k€16kOperating result 2025: €23k€23kNet result 2025: €16k€16k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 10% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €70k
Equity €20k▲ 479%
Debt €50k▼ 0.4%
The debt ratio falls from 93.6% to 71.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€23k
2024 · €21k
Cash flow
€17k
2024 · €16k
Solvency
28.4%
2024 · 6.4%
Current ratio
1.56
2024 · 1.30
Quick ratio
1.34
2024 · 0.99
Debt / equity
2.52
2024 · 14.63
ROE
82.7%
2024 · 459.7%
ROA
23.5%
2024 · 29.4%
Interest coverage
8.88
2024 · 4.64
Debt
€50k
2024 · €50k
Debt ≤ 1 year
€45k
2024 · €41k
Debt > 1 year
€4k
2024 · €9k
Income taxes
€4k
2024 · €844
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€53k€70k
Fixed assets21/28€380€0
Tangible fixed assets22/27€380€0
Other tangible fixed assets26€380€0
Current assets29/58€53k€70k
Stocks and contracts in progress3€13k€10k
Stocks30/36€13k€10k
Amounts receivable within one year40/41€37k€58k
Trade receivables40€213€7k
Other amounts receivable41€37k€51k
Deferred charges and accrued income490/1€3k€2k
Equity and liabilities
Total equity and liabilities10/49€53k€70k
Equity10/15€3k€20k
Contributions10/11€19k€19k=
Reserves13€10€10=
Distributable reserves133€10€10=
Profit (loss) carried forward14€-15k€1k
Amounts payable17/49€50k€50k
Amounts payable after more than one year17€9k€4k
Financial debts170/4€9k€4k
Amounts payable within one year42/48€41k€45k
Current portion of amounts payable after more than one year42€4k€4k
Financial debts43€13k€12k
Credit institutions430/8€13k€12k
Trade debts44€12k€14k
Suppliers440/4€12k€14k
Taxes, remuneration and social security45€1k€5k
Taxes450/3€1k€5k
Other amounts payable47/48€11k€9k
Accrued charges and deferred income492/3€560€761
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€380€380=
Other operating charges640/8€774€794
Gross operating margin9900€22k€24k
Operating profit (loss)9901€21k€23k
Financial income75/76B€361€695
Recurring financial income75€361€695
Financial charges65/66B€5k€3k
Recurring financial charges65€5k€3k
Profit (loss) for the period before taxes9903€17k€21k
Income taxes67/77€844€4k
Profit (loss) for the period9904€16k€16k
Profit (loss) for the period to be appropriated9905€16k€16k
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€1k
Profit (loss) brought forward from the previous period14P€-31k€-15k

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
31-12
Financial Highest result since 2018net €16k ▲4.2%
Operating result €23k, net result €16k, both a record.
30-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Back to profitnet €9k
Net result €9k after one loss-making year.
07-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 7 days late
2020
12-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
31-12
Financial Back to profitnet €992
Net result €992 after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
07-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are 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, Gingelom · 1 establishment unit since 2010
establishment The establishment unit on the map
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.

Houtstraat 863890 Gingelom
Ground area
164 m²
Building footprint
90 m²
Volume, LiDAR
629 m³
Parcel 71026C0037/00F000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMAGINATION DESIGN
Houtstraat 86, 3890 GingelomJoinery installation
since 20102.190.642.060
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71026C0037/00F000 Flanders 164 m² 1 · 90 m² 9.0 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

Of 7,864 companies in sector 43341 we hold annual accounts for 2,662. 2,044 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded06-07-2010
Fiscal year end31-12
Activities, NACEBEL
43341Painting of buildings
74104Other professional, scientific and technical activities
74130Interior design
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.