IMALOGIC
ActiveSummary
IMALOGIC has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €-11k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 45% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▲+12
Solvency79▲+6
Growth50=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity short (current ratio 0.87 against 1.52 in 2024; short-term debt: 24.2% and cash: 0.1% of total assets), and 46.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
53.9%
Return on assets
-9.1%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-11k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
14 d late
2023
29 d late
2022
2 d late
2021
19 d late
2020
26 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€126k▲ 25.7%
2020 · €100k
EBIT margin
12.0%▼ 4.2pp
2020 · 16.3%
Net result
€-11k▲ 28.9%
2024 · €-15k
Working capital
€-4k
2024 · €16k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€126k▲ 25.7%
Operating result€15k▼ 7.0%€20k▲ 29.0%€16k▼ 19.7%€-11k€-3k▲ 75.1%
Net result€8k▲ 58.5%€10k▲ 22.9%€8k▼ 21.9%€-15k€-11k▲ 28.9%
EBIT margin12.0%▼ 4.2pp
Equity€67k▲ 14.0%€78k▲ 15.1%€85k▲ 10.2%€70k▼ 17.6%€63k▼ 10.3%
Total assets€226k▼ 7.9%€212k▼ 6.1%€191k▼ 10.1%€147k▼ 23.0%€117k▼ 20.1%
Debt€158k▼ 14.9%€135k▼ 15.1%€105k▼ 21.9%€76k▼ 27.5%€54k▼ 29.2%
Working capital€45k▲ 79.5%€45k▲ 1.1%€41k▼ 9.4%€16k▼ 61.8%€-4k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €3k in 2025 against €11k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €117k
Fixed assets
€92k ▼ 8.2%
Current assets
€25k ▼ 46.3%
Equity and liabilities €117k
Equity
€63k ▼ 10.3%
Debt
€54k ▼ 29.2%
Debt's share of the balance-sheet total falls from 52.0% to 46.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8k▲
2024 · €2k
Cash flow
€116▲
2024 · €-2k
Current ratio
0.87▼
2024 · 1.52
Debt to equity
0.86▼
2024 · 1.08
ROE
-16.9%▲
2024 · -21.3%
ROA
-9.1%▲
2024 · -10.2%
Interest coverage
1.74▲
2024 · 0.50
Debt ≤ 1 year
€28k▼
2024 · €30k
Debt > 1 year
€24k▼
2024 · €46k
Income taxes
€0▼
2024 · €314
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €126k | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €89k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €30k | €33k | €23k | €13k | €11k | ▼ 15.6% |
| Other operating charges640/8 | €2k | €2k | €3k | €1k | €2k | ▲ 30.3% |
| Non-recurring operating charges66A | - | - | - | - | €3k | - |
| Gross operating margin9900 | €48k | €55k | €42k | €3k | €13k | ▲ 274% |
| Operating profit (loss)9901 | €15k | €20k | €16k | €-11k | €-3k | ▲ 75.1% |
| Financial income75/76B | €10 | €49 | €72 | €40 | €0 | ▼ 99.8% |
| Recurring financial income75 | €10 | €12 | €72 | €40 | €0 | ▼ 99.8% |
| Non-recurring financial income76B | - | €37 | - | - | - | - |
| Financial charges65/66B | €6k | €5k | €4k | €4k | €8k | ▲ 102% |
| Recurring financial charges65 | €6k | €5k | €4k | €4k | €5k | ▲ 17.4% |
| Non-recurring financial charges66B | - | - | €306 | - | €3k | - |
| Profit (loss) for the period before taxes9903 | €9k | €15k | €12k | €-15k | €-11k | ▲ 27.4% |
| Income taxes67/77 | €463 | €4k | €4k | €314 | €0 | ▼ 100.0% |
| Profit (loss) for the period9904 | €8k | €10k | €8k | €-15k | €-11k | ▲ 28.9% |
| Profit (loss) for the period to be appropriated9905 | €8k | €10k | €8k | €-15k | €-11k | ▲ 28.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €226k | €212k | €191k | €147k | €117k | ▼ 20.1% |
| Fixed assets21/28 | €149k | €132k | €112k | €101k | €92k | ▼ 8.2% |
| Tangible fixed assets22/27 | €149k | €132k | €112k | €101k | €92k | ▼ 8.2% |
| Land and buildings22 | €96k | €93k | €89k | €86k | €82k | ▼ 4.8% |
| Plant, machinery and equipment23 | €4k | €10k | €6k | €3k | €6k | ▲ 96.4% |
| Furniture and vehicles24 | €49k | €29k | €17k | €12k | €5k | ▼ 58.9% |
| Current assets29/58 | €77k | €80k | €78k | €46k | €25k | ▼ 46.3% |
| Amounts receivable within one year40/41 | €51k | €55k | €47k | €44k | €25k | ▼ 44.4% |
| Trade receivables40 | €14k | €17k | €3k | €4k | €4k | ▲ 15.2% |
| Other amounts receivable41 | €38k | €38k | €44k | €40k | €20k | ▼ 50.0% |
| Current investments50/53 | €7k | €8k | €17k | - | - | - |
| Cash at bank and in hand54/58 | €17k | €16k | €13k | €529 | €78 | ▼ 85.2% |
| Deferred charges and accrued income490/1 | €2k | €972 | €2k | €1k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €226k | €212k | €191k | €147k | €117k | ▼ 20.1% |
| Equity10/15 | €67k | €78k | €85k | €70k | €63k | ▼ 10.3% |
| Contributions10/11 | €11k | €11k | €13k | €13k | €11k | ▼ 14.7% |
| Reserves13 | €46k | €46k | €44k | €44k | €46k | ▲ 4.3% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Other1319 | - | €2k | - | - | - | - |
| Tax-exempt reserves132 | €44k | €44k | €44k | €44k | €44k | = |
| Distributable reserves133 | - | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €11k | €21k | €29k | €14k | €6k | ▼ 53.0% |
| Amounts payable17/49 | €158k | €135k | €105k | €76k | €54k | ▼ 29.2% |
| Amounts payable after more than one year17 | €127k | €98k | €68k | €46k | €24k | ▼ 48.1% |
| Financial debts170/4 | €127k | €98k | €68k | €46k | €24k | ▼ 48.1% |
| Amounts payable within one year42/48 | €32k | €35k | €37k | €30k | €28k | ▼ 6.2% |
| Current portion of amounts payable after more than one year42 | €28k | €28k | €29k | €22k | €19k | ▼ 13.6% |
| Financial debts43 | - | - | - | €6k | €7k | ▲ 11.9% |
| Credit institutions430/8 | - | - | - | €6k | €7k | ▲ 11.9% |
| Trade debts44 | €2k | €137 | €28 | €699 | €3k | ▲ 294% |
| Suppliers440/4 | €2k | €137 | €28 | €699 | €3k | ▲ 294% |
| Taxes, remuneration and social security45 | €2k | €6k | €8k | €2k | €399 | ▼ 81.0% |
| Taxes450/3 | €200 | €5k | €8k | €2k | €399 | ▼ 81.0% |
| Remuneration and social security454/9 | €2k | €2k | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €2k | - | - | €2k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €10k | €8k | €-15k | €-11k | ▲ 28.9% |
| + Depreciation and write-downs630 | €30k | €33k | €23k | €13k | €11k | ▼ 15.6% |
| Operating cash flow (approximation) | €39k | €43k | €31k | €-2k | €116 | ▲ 105% |
| Investment in fixed assets (approximation) | - | €-16k | €-3k | €-1k | €-3k | ▼ 101% |
| Change in cash | - | €-1k | €-3k | €-12k | €-450 | ▲ 96.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
14-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 14 days late
2024
31-12
Financial
Weakest financial yearnet €-15k
Net result drops to €-15k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
02-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
31-12
Financial
Highest result since 2018net €10k ▲22.9%
Operating result €20k, net result €10k, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Mons · 1 establishment unit since 2001
Ground area
115 m²
Building footprint
36 m²
Volume, LiDAR
311 m³
Parcel 53403F0233/00H000, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Rue des Kiévrois 6, 7000 Mons
since 20012.098.455.834
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53403F0233/00H000 | Wallonia | 115 m² | 1 · 36 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,901 companies in sector 62100 we hold annual accounts for 8,772. 6,900 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-09-2001
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.