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IMARAD

Active
Private limited companyfounded 200323 yrs activeAbdijstraat 61, 1050 Elsene, BelgiumKBO/BCE: BE 0859.646.662
Summary

IMARAD has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.09M and a net result of €288k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 64% of 16618 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability88▲+18
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 4.11 against 16.03 in 2024; short-term debt: 24% and cash: 61.8% of total assets), and 24% of the assets are financed with debt.
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Signals

Five 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 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
highest failure risk from 2 to 8 years 23 years 0 30 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
76%
Return on assets
20.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 17-01-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 d early
2024
53 d early
2022
23 d late
2021
22 d late
2020
23 d late
2019
28 d late
2018
26 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close25-09-2026 today31-01-2027 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

History

On 15 July 2003, IMARAD was incorporated.1 Total assets went from EUR 698,917 in 2018 to EUR 1.4 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Financials · fiscal year 2025, micro schema

Equity
€1.09M▲ 2.5%
2024 · €1.06M
Total assets
€1.43M▲ 26.8%
2024 · €1.13M
Net result
€288k▲ 19.4%
2024 · €241k
Working capital
€1.07M▲ 3.8%
2024 · €1.03M
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
Line20202021202220242025
Operating result€208k▼ 3.1%€236k▲ 13.5%€231k▼ 2.1%€532k-€506k▼ 4.7%
Net result€117k▲ 13.6%€130k▲ 11.1%€106k▼ 18.6%€241k-€288k▲ 19.4%
Equity€891k▲ 15.0%€713k▼ 19.9%€818k▲ 14.7%€1.06M-€1.09M▲ 2.5%
Total assets€918k▲ 12.4%€751k▼ 18.3%€834k▲ 11.1%€1.13M-€1.43M▲ 26.8%
Debt€27k▼ 35.5%€37k▲ 35.5%€16k▼ 58.1%€68k-€344k▲ 402%
Working capital€804k▲ 23.8%€645k▼ 19.8%€770k▲ 19.4%€1.03M-€1.07M▲ 3.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400k€600kOperating result 2020: €208k€208kNet result 2020: €117k€117kOperating result 2021: €236k€236kNet result 2021: €130k€130kOperating result 2022: €231k€231kNet result 2022: €106k€106kOperating result 2024: €532k€532kNet result 2024: €241k€241kOperating result 2025: €506k€506kNet result 2025: €288k€288k20202021202220242025€0€200k€400k€600kOperating result 2022: €231k€231kNet result 2022: €106k€106kOperating result 2024: €532k€532kNet result 2024: €241k€241kOperating result 2025: €506k€506kNet result 2025: €288k€288k202220242025
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.43M
Fixed assets €18k ▼ 40.2%
Current assets €1.41M ▲ 28.6%
Equity and liabilities €1.43M
Equity €1.09M ▲ 2.5%
Debt €344k ▲ 402%
Debt's share of the balance-sheet total rises from 6.1% to 24.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€520k▼
2024 · €554k
Cash flow
€302k▲
2024 · €263k
Current ratio
4.11▼
2024 · 16.03
Debt to equity
0.32▲
2024 · 0.06
ROE
26.5%▲
2024 · 22.8%
ROA
20.2%▼
2024 · 21.4%
Interest coverage
5.29▲
2024 · 2.96
Debt ≤ 1 year
€344k▲
2024 · €68k
Income taxes
€135k▲
2024 · €111k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.13M€1.43M▲
Fixed assets21/28€30k€18k▼
Intangible fixed assets21€19k€11k▼
Tangible fixed assets22/27€11k€7k▼
Furniture and vehicles24€6k€4k▼
Other tangible fixed assets26€5k€3k▼
Current assets29/58€1.10M€1.41M▲
Amounts receivable within one year40/41€10k€10k▲
Other amounts receivable41€10k€10k▲
Current investments50/53€630k€407k▼
Cash at bank and in hand54/58€457k€884k▲
Deferred charges and accrued income490/1€551€111k▲
Equity and liabilities
Total equity and liabilities10/49€1.13M€1.43M▲
Equity10/15€1.06M€1.09M▲
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€1.04M€1.07M▲
Non-distributable reserves130/1€21k€21k=
Reserves not available under the articles1311€21k€21k=
Distributable reserves133€1.02M€1.05M▲
Amounts payable17/49€68k€344k▲
Amounts payable within one year42/48€68k€344k▲
Trade debts44€7k€7k▲
Suppliers440/4€7k€7k▲
Taxes, remuneration and social security45€59k€79k▲
Taxes450/3€59k€79k▲
Other amounts payable47/48€3k€257k▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€14k▼
Other operating charges640/8€3k€1k▼
Gross operating margin9900€556k€522k▼
Operating profit (loss)9901€532k€506k▼
Financial income75/76B€8k€15k▲
Recurring financial income75€8k€15k▲
Financial charges65/66B€187k€98k▼
Recurring financial charges65€187k€98k▼
Profit (loss) for the period before taxes9903€352k€423k▲
Income taxes67/77€111k€135k▲
Profit (loss) for the period9904€241k€288k▲
Profit (loss) for the period to be appropriated9905€241k€288k▲
Appropriation of the result
Profit (loss) to be appropriated9906€241k€288k▲
Transfer from equity791/2€800€261k▲
Transfer to equity691/2€241k€288k▲
To other reserves6921€241k€288k▲
Profit to be distributed694/7€800€261k▲
Return on contributions (dividend)694€800€261k▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€43k€29k€23k€22k€14k▼ 37.8%
Other operating charges640/8-€1k€77k€3k€1k▼ 46.6%
Gross operating margin9900€254k€266k€331k€556k€522k▼ 6.2%
Operating profit (loss)9901€208k€236k€231k€532k€506k▼ 4.7%
Financial income75/76B-€23k€513€8k€15k▲ 80.6%
Recurring financial income75€6k€23k€513€8k€15k▲ 80.6%
Financial charges65/66B-€71k€77k€187k€98k▼ 47.5%
Recurring financial charges65€46k€71k€77k€187k€98k▼ 47.5%
Profit (loss) for the period before taxes9903€168k€187k€155k€352k€423k▲ 19.9%
Income taxes67/77€51k€57k€49k€111k€135k▲ 21.1%
Profit (loss) for the period9904€117k€130k€106k€241k€288k▲ 19.4%
Profit (loss) for the period to be appropriated9905€117k€130k€106k€241k€288k▲ 19.4%
Line20202021202220242025Change
Assets
Total assets20/58€918k€751k€834k€1.13M€1.43M▲ 26.8%
Fixed assets21/28€87k€69k€49k€30k€18k▼ 40.2%
Intangible fixed assets21€62k€42k€29k€19k€11k▼ 42.6%
Tangible fixed assets22/27€24k€26k€20k€11k€7k▼ 35.9%
Furniture and vehicles24-€18k€13k€6k€4k▼ 35.0%
Other tangible fixed assets26-€8k€6k€5k€3k▼ 37.0%
Financial fixed assets28€185€185€185---
Current assets29/58€832k€682k€785k€1.10M€1.41M▲ 28.6%
Amounts receivable within one year40/41€2k€2k€4k€10k€10k▲ 0.3%
Trade receivables40-€2k----
Other amounts receivable41--€4k€10k€10k▲ 0.3%
Current investments50/53€320k€155k€147k€630k€407k▼ 35.5%
Cash at bank and in hand54/58€394k€487k€585k€457k€884k▲ 93.2%
Deferred charges and accrued income490/1-€38k€50k€551€111k▲ 20,101%
Equity and liabilities
Total equity and liabilities10/49€918k€751k€834k€1.13M€1.43M▲ 26.8%
Equity10/15€891k€713k€818k€1.06M€1.09M▲ 2.5%
Contributions10/11-€19k€19k€19k€19k=
Outside capital11-€19k€19k€19k€19k=
Other1109/19-€19k€19k€19k€19k=
Reserves13€872k€695k€800k€1.04M€1.07M▲ 2.6%
Non-distributable reserves130/1-€21k€21k€21k€21k=
Reserves not available under the articles1311-€21k€21k€21k€21k=
Distributable reserves133-€673k€778k€1.02M€1.05M▲ 2.6%
Amounts payable17/49€27k€37k€16k€68k€344k▲ 402%
Amounts payable within one year42/48€27k€37k€16k€68k€344k▲ 402%
Trade debts44€371€837€2k€7k€7k▲ 5.6%
Suppliers440/4-€837€2k€7k€7k▲ 5.6%
Taxes, remuneration and social security45-€18k€4k€59k€79k▲ 34.0%
Taxes450/3-€18k€4k€59k€79k▲ 34.0%
Other amounts payable47/48-€19k€9k€3k€257k▲ 10,094%
Line20202021202220242025Change
Profit (loss) for the period9904€117k€130k€106k€241k€288k▲ 19.4%
+ Depreciation and write-downs630€43k€29k€23k€22k€14k▼ 37.8%
Operating cash flow (approximation)€160k€158k€129k€263k€302k▲ 14.6%
Investment in fixed assets (approximation)-€-11k€-3k-€-2k-
Change in cash-€92k€98k-€426k-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
17-01
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial Highest result since 2018net €288k ▲19.4%
Net result €288k, the highest in the series.
2024
09-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Equity above €1MEq €1.06M ▲29.4%
6 profitable years in a row build equity to €1.06M.
2023
23-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial Liquidity triplescurrent ratio 50.43
Current ratio from 18.34 to 50.43; short-term debt falls from €37k to €16k.
22-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
23-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
26-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
19-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 19 days late
2016
08-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
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, Elsene · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
279 m²
Building footprint
118 m²
Volume, LiDAR
1,689 m³
Parcel 21447B0140/00R002, Brussels · tallest building 18.7 m, ±5 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Abdijstraat 61, 1050 Elsene
NACE 85120
since 20032.270.273.023
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21447B0140/00R002 Brussels 279 m² 1 · 118 m² 18.7 m · 5 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.

Recognitions · licences · registrations

Legal Entity Identifier

549300B8WBPO1251L349
live in the LEI register

Similar companies · same sector, comparable size

Of 699 companies in sector 86910 we hold annual accounts for 521. 385 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
Founded15-07-2003
Fiscal year end30-06
Activities, NACEBEL 2025
86910Medical imaging and medical laboratories

Scores and ratios are computed by Checked and are not a credit decision.