IMAGINE LA

Active

Private limited companyfounded 20206 yrs activeRue Debast 49, 7380 Quiévrain, BelgiumKBO/BCE: BE 0741.584.004

The computed 12-month bankruptcy probability of IMAGINE LA is 3.6% (moderate). The 2024 annual accounts show negative equity (€-28k) and a net result of €-667. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 6159 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

26 / 100

Weak▲ +19 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability12▼-88

Solvency34▲+1

Growth32=

Stability100

Bankruptcy probability, 12 months

3.6% Moderate

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.51 against 0.42 in 2023), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

-61.7%

Return on assets

-1.5%

Age of the figures

20 mo

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Negative equity

Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

NBB · annual accounts 2024

Equity per financial year

2021222324

2020 to 2024 · latest year -€28k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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 · 5 filings

Deviation from the deadline

2025

not confirmed

2024

26 d late

2023

51 d early

2022

35 d early

2021

101 d late

2020

62 d late

← before the deadline after the deadline →

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 2024, micro schema

Equity

€-28k▼ 2.4%

2023 · €-27k

2020: €9k 2021: €28k 2022: €9k 2023: €-27k

2020 → 2024

Total assets

€45k▲ 15.2%

2023 · €39k

2020: €11k 2021: €64k 2022: €69k 2023: €39k

2020 → 2024

Net result

€-667▲ 98.2%

2023 · €-36k

2020: €-640 2021: €19k 2022: €-19k 2023: €-36k

2020 → 2024

Working capital

€-36k▲ 7.6%

2023 · €-39k

2020: €9k 2021: €25k 2022: €-6k 2023: €-39k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€9k-€28k▲ 199%€9k▼ 68.0%€-27k€-28k▼ 2.4%

Operating result€-1k-€22k€-19k€-37k▼ 98.1%€-2k▲ 95.5%

Net result€-640-€19k€-19k€-36k▼ 90.7%€-667▲ 98.2%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €2k in 2024 against €37k in 2023; the loss shrinks.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €45k

17.3%

82.7%

Fixed assets €8k▼ 31.6%

Current assets €38k▲ 34.4%

Key figures and ratios

2024 value · change against 2023

EBITDA

€2k▲

2023 · €-33k

Cash flow

€3k▲

2023 · €-33k

Solvency

-61.7%▲

2023 · -69.4%

Current ratio

0.51▲

2023 · 0.42

Quick ratio

0.50▲

2023 · 0.40

Debt / equity

-2.62▼

2023 · -2.44

ROE

2.4%▼

2023 · 132.7%

ROA

-1.5%▲

2023 · -92.1%

Interest coverage

13.51▲

2023 · -183.13

Debt

€73k▲

2023 · €67k

Debt ≤ 1 year

€73k▲

2023 · €67k

Staff costs

€44k▲

2023 · €42k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€39k€45k▲

Fixed assets21/28€11k€8k▼

Tangible fixed assets22/27€6k€2k▼

Furniture and vehicles24€6k€2k▼

Financial fixed assets28€5k€5k=

Current assets29/58€28k€38k▲

Stocks and contracts in progress3€1k€665▼

Stocks30/36€1k€665▼

Amounts receivable within one year40/41€24k€23k▼

Trade receivables40€5k€3k▼

Other amounts receivable41€18k€20k▲

Cash at bank and in hand54/58€2k€12k▲

Deferred charges and accrued income490/1€2k€2k=

Equity and liabilities

Total equity and liabilities10/49€39k€45k▲

Equity10/15€-27k€-28k▼

Contributions10/11€10k€10k=

Outside capital11-€10k

Other1109/19-€10k

Profit (loss) carried forward14€-37k€-38k▼

Amounts payable17/49€67k€73k▲

Amounts payable within one year42/48€67k€73k▲

Trade debts44€61k€54k▼

Suppliers440/4€61k€54k▼

Taxes, remuneration and social security45€5k€3k▼

Taxes450/3€1k€1k▼

Remuneration and social security454/9€4k€2k▼

Other amounts payable47/48-€17k

Income statement Code20232024

Remuneration, social security and pensions62€42k€44k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k=

Other operating charges640/8€2k€1k▼

Gross operating margin9900€11k€47k▲

Operating profit (loss)9901€-37k€-2k▲

Financial income75/76B€862€1k▲

Recurring financial income75€862€1k▲

Financial charges65/66B€182€144▼

Recurring financial charges65€182€144▼

Profit (loss) for the period before taxes9903€-36k€-667▲

Profit (loss) for the period9904€-36k€-667▲

Profit (loss) for the period to be appropriated9905€-36k€-667▲

Appropriation of the result

Profit (loss) to be appropriated9906€-37k€-38k▼

Profit (loss) brought forward from the previous period14P€-1k€-37k▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

2025

26-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 26 days late

2024

10-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €-36k

Net result drops to €-36k, the lowest in the series; recovery starts the following year.

26-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

09-11

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 101 days late

2021

31-12

Financial Back to profitnet €19k

Net result €19k after one loss-making year.

01-10

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 62 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Quiévrain · 2 establishment units since 2020

establishment approximate All 2 establishment units 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.

Rue Debast 497380 Quiévrain

Ground area

1,722 m²

Building footprint

115 m²

Volume, LiDAR

1,252 m³

2 parcels, Wallonia · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.

2 establishment units

IMAGINE LA

Rue de la Grattine(L.L) 4, 7100 La LouvièreRetail sale of cosmetics and toilet articles

since 20202.317.192.715

IMAGINE LA

Rue Debast 49, 7380 QuiévrainRetail sale of cosmetics and toilet articles

since 20202.317.192.814

2 parcels

Wallonia 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
55022A0482/00P000	Wallonia	1,451 m²	-	-
53068A0701/00K000	Wallonia	271 m²	1 · 115 m²	13.0 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels 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

Merelbeke-Melle · Eq €9k

Of 6,690 companies in sector 96230 we hold annual accounts for 616. 389 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded15-01-2020

Fiscal year end31-12

Activities, NACEBEL

96040Personal service activities

96230Day spas, saunas and steam baths

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.