IMASO
ActiveSummary
IMASO has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €175,410 and a net result of €38,572. Equity has been growing by about 13% per year since 2019. Its solvency ranks better than 33% of 1,362 sector peers (NACE 70, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 02-03-2011 Normal situation
- Activity
- Activities of head offices NACE 70100and 3 others
- Establishment unit
- 2.197.043.466 8700 Tielt, since 02-03-2011
- Financial year end
- 31 March
- Peppol
- Reachable since 22-11-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €124,077
- ▲ 8.6%
- Turnover
- ≈ €210,000
- estimated
- Profit
- €38,572
- ▲ 28.7%
- Equity
- €175,410
- ▲ 28.2%
- Total assets
- €434,847
- ▼ 5.8%
Score breakdownlowers riskFigures for financial year 2026 (filed on 10-09-2026)Size: total assets €434,847Founded in 2011Equity €175,410 (40.3% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 57% of them on solvency, 68% on liquidity, 77% on profitability and 79% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 32 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2026, micro format
Annual accounts 2026 filed on 10-09-2026 at the NBB all 15 filings
Every figure per financial year
The operating result for 2026 is 28% higher than in 2025 and the highest since 2022. It is the third rise in a row, after the fall in 2023.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Securities and guarantees
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Mortgage mandates | €225,000 | €225,000 | €225,000 | €225,000 | €225,000 |
| Carrying value of the mortgaged assets | €506,932 | €433,283 | €359,577 | €285,871 | €213,231 |
Source: notes to the 2022 to 2026 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,476 | €950 | €849 | €819 | €930 |
| Depreciation and write-downs of the year | €76,237 | €75,246 | €75,499 | €74,846 | €74,421 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | €750 | - | €500 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €74,741 | €74,625 | €75,096 | €76,237 | €75,246 | €75,499 | €74,846 | €74,421 | ▼ 0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €4,753 | - | -€21,668 | - | - | - |
| Other operating charges640/8 | - | - | - | €3,593 | €3,471 | €3,457 | €3,570 | €3,679 | ▲ 3.0% |
| Non-recurring operating charges66A | - | - | - | - | - | €18,017 | - | €53 | - |
| Gross operating margin9900 | €103,777 | €110,596 | €143,568 | €94,236 | €74,287 | €105,203 | €114,257 | €124,077 | ▲ 8.6% |
| Operating profit (loss)9901 | €25,651 | €31,675 | €47,919 | €9,654 | -€4,430 | €29,898 | €35,841 | €45,925 | ▲ 28.1% |
| Financial income75/76B | - | - | - | €19 | €423 | €2,006 | €3,983 | €3,061 | ▼ 23.1% |
| Recurring financial income75 | €1 | €12 | €35 | €19 | €423 | €2,006 | €3,983 | €3,061 | ▼ 23.1% |
| Financial charges65/66B | - | - | - | €12,887 | €11,685 | €10,804 | €9,852 | €8,833 | ▼ 10.3% |
| Recurring financial charges65 | €21,818 | €19,080 | €17,346 | €12,887 | €11,685 | €10,804 | €9,852 | €8,833 | ▼ 10.3% |
| Profit (loss) for the period before taxes9903 | €3,834 | €12,607 | €30,608 | -€3,215 | -€15,692 | €21,100 | €29,972 | €40,153 | ▲ 34.0% |
| Income taxes67/77 | €0 | €2 | - | - | - | - | - | €1,581 | - |
| Profit (loss) for the period9904 | €3,834 | €12,605 | €30,608 | -€3,215 | -€15,692 | €21,100 | €29,972 | €38,572 | ▲ 28.7% |
| Profit (loss) for the period to be appropriated9905 | €3,834 | €12,605 | €30,608 | -€3,215 | -€15,692 | €21,100 | €29,972 | €38,572 | ▲ 28.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €761,118 | €709,020 | €677,339 | €611,817 | €533,911 | €493,574 | €461,468 | €434,847 | ▼ 5.8% |
| Fixed assets21/28 | €725,468 | €651,490 | €585,540 | €510,779 | €436,482 | €361,832 | €287,805 | €214,261 | ▼ 25.6% |
| Tangible fixed assets22/27 | €725,468 | €651,490 | €585,540 | €510,779 | €436,482 | €361,832 | €287,805 | €214,261 | ▼ 25.6% |
| Land and buildings22 | - | - | - | €497,615 | €425,671 | €353,669 | €281,667 | €209,665 | ▼ 25.6% |
| Plant, machinery and equipment23 | - | - | - | €9,317 | €7,613 | €5,908 | €4,204 | €3,566 | ▼ 15.2% |
| Furniture and vehicles24 | - | - | - | €930 | €1,349 | €1,472 | €1,372 | €690 | ▼ 49.7% |
| Other tangible fixed assets26 | - | - | - | €2,916 | €1,850 | €783 | €562 | €341 | ▼ 39.4% |
| Current assets29/58 | €35,650 | €57,530 | €91,799 | €101,038 | €97,429 | €131,742 | €173,663 | €220,585 | ▲ 27.0% |
| Amounts receivable within one year40/41 | - | €1,144 | €16,920 | €21,668 | €21,774 | €1,053 | €1,195 | - | - |
| Trade receivables40 | - | - | - | - | €103 | €460 | - | - | - |
| Other amounts receivable41 | - | - | - | €21,668 | €21,672 | €593 | €1,195 | - | - |
| Current investments50/53 | - | - | - | - | - | €105,000 | €145,000 | €175,000 | ▲ 20.7% |
| Cash at bank and in hand54/58 | €33,432 | €51,486 | €69,066 | €76,347 | €66,594 | €21,310 | €19,131 | €40,457 | ▲ 111% |
| Deferred charges and accrued income490/1 | - | - | - | €3,023 | €9,060 | €4,379 | €8,337 | €5,128 | ▼ 38.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €761,118 | €709,020 | €677,339 | €611,817 | €533,911 | €493,574 | €461,468 | €434,847 | ▼ 5.8% |
| Equity10/15 | €61,459 | €74,064 | €104,672 | €101,458 | €85,765 | €106,866 | €136,838 | €175,410 | ▲ 28.2% |
| Contributions10/11 | €175,000 | - | - | €175,000 | €175,000 | €175,000 | €175,000 | €175,000 | = |
| Profit (loss) carried forward14 | -€113,542 | -€100,936 | -€70,328 | -€73,542 | -€89,235 | -€68,134 | -€38,162 | €410 | - |
| Amounts payable17/49 | €699,659 | €634,956 | €572,666 | €510,359 | €448,146 | €386,708 | €324,630 | €259,436 | ▼ 20.1% |
| Amounts payable after more than one year17 | €448,611 | €385,278 | €322,945 | €424,611 | €361,278 | €297,945 | €234,611 | €171,278 | ▼ 27.0% |
| Financial debts170/4 | - | - | - | €423,611 | €360,278 | €296,945 | €233,611 | €170,278 | ▼ 27.1% |
| Other amounts payable178/9 | - | - | - | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Amounts payable within one year42/48 | €238,885 | €239,164 | €239,245 | €75,214 | €76,026 | €77,650 | €75,882 | €76,700 | ▲ 1.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €63,333 | €63,333 | €63,333 | €63,333 | €63,333 | = |
| Trade debts44 | €817 | €514 | €109 | €481 | €435 | €810 | €264 | €858 | ▲ 226% |
| Suppliers440/4 | - | - | - | €481 | €435 | €810 | €264 | €858 | ▲ 226% |
| Taxes, remuneration and social security45 | - | - | - | - | €4 | €569 | €741 | €1,151 | ▲ 55.5% |
| Taxes450/3 | - | - | - | - | €4 | €569 | €741 | €1,151 | ▲ 55.5% |
| Other amounts payable47/48 | - | - | - | €11,400 | €12,254 | €12,937 | €11,545 | €11,357 | ▼ 1.6% |
| Accrued charges and deferred income492/3 | - | - | - | €10,534 | €10,842 | €11,113 | €14,137 | €11,458 | ▼ 18.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,834 | €12,605 | €30,608 | -€3,215 | -€15,692 | €21,100 | €29,972 | €38,572 | ▲ 28.7% |
| + Depreciation and write-downs630 | €74,741 | €74,625 | €75,096 | €76,237 | €75,246 | €75,499 | €74,846 | €74,421 | ▼ 0.6% |
| Operating cash flow (approximation) | €78,574 | €87,230 | €105,704 | €73,022 | €59,554 | €96,600 | €104,818 | €112,993 | ▲ 7.8% |
| Investment in fixed assets (approximation) | - | -€647 | -€9,146 | -€1,476 | -€950 | -€849 | -€819 | -€877 | ▼ 7.1% |
| Change in cash | - | €18,054 | €17,581 | €7,281 | -€9,753 | -€45,284 | -€2,179 | €21,326 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 34,693 companies had the same profile as IMASO has now. Two years later, 95.3% were still going and 0.7% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of IMASO itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 34,693 companies, not a prediction for IMASO. 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.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 10-09-2026 | 2026-00510157 | |
| 31-03-2025 | micro format | 23-09-2025 | 2025-00498417 | |
| 31-03-2024 | micro format | 04-10-2024 | 2024-00492771 | |
| 31-03-2023 | micro format | 30-10-2023 | 2023-00496496 | |
| 31-03-2022 | micro format | 26-09-2022 | 2022-20435205 | |
| 31-03-2021 | micro format | 14-09-2021 | 2021-67000494 | |
| 31-03-2020 | micro format | 06-10-2020 | 2020-58900059 | |
| 31-03-2019 | micro format | 02-09-2019 | 2019-58400052 | |
| 31-03-2018 | micro format | 22-08-2018 | 2018-47700019 | |
| 31-03-2017 | micro format | 05-09-2017 | 2017-58700487 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 27-04-2022 Converted to unavailable equity · €175,000
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Hans Vander Linden |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1”
Articles of association, deed of 27-04-2022 (in Dutch)
Network & group
IMASO shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of IMASO. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
27-04
Gazette deed
Change of role: Hans Vander Linden, from manager to directorCapital conversion · Amendment of the articles · Capital10 points ▸
- General meeting, 14-04-2022
- Other provision, “aanpassing statuten aan WVV en behoud rechtsvorm, statuten aanpassen” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles
- Capital
- Director resignation, Hans Vander Linden (manager)
- Director appointment, Hans Vander Linden (director)
- Director discharge, Hans Vander Linden
- Registered office clause, “Salettestraat 4,8700 Tielt” (deed in Dutch)
- Power of attorney
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
34 activities
- Consultingbedrijf voor zowel biologisch gebaseerde als traditionele landbouw.
- Het begeleiden,organiseren en stimuleren van het gebruik van biotechnische producten.
- De assistentie,de evaluatie,het implementeren van biotechnologie en van dito onderzoeks- en ontwikkelingsprojecten.
- De handel onder al zijn vormen,groot- en kleinhandel,export en import,binnen- en buitenland,tussenhandel,makelaar,commissiehandel van alle materialen,producten en grondstoffen voor voormelde activiteiten.
- De installatie en constructie van mestverwerkende en waterzuiverende systemen,groothandel,kleinhandel,export en import,binnen- en buitenland,tussenhandel,makelaar,commissiehandel in deze systemen.
- Het verlenen van advies (consulting) met betrekking tot mestverwerkende en waterzuiverende systemen voor zowel private als professionele aangelegenheden.
- De landbouwexploitatie en het leveren van alle diensten in verband met de land- en tuinbouw,de aanleg en onderhoud van tuinen,parken,sport- en speelterreinen.
- Alle industriële,commerciële en financiële verrichtingen die rechtstreeks of onrechtstreeks in verband staan met het beoefenen van veeteelt,het toepassen van veredelingsmethodes en selectiemethodes op dit gebied.
- Alle commerciële,industriële en financiële verrichtingen die rechtstreeks of onrechtstreeks in verband staan met de handel in nutsdieren.
- Het verzorgen van de administratie en het leveren van andere diensten ten opzichte van derden.
- De studie,de opzoeking,de verwerving en de verbetering,het in waarde stellen,het uitbaten,de concessie van alle octrooien,brevetten,licenties en merknamen in verband met hoger vermelde doelen.
- Het verrichten van leasingoperaties met betrekking tot roerende of onroerende goederen.
- Het aanleggen,het oordeelkundig uitbouwen en beheren van onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en decoratie,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten.
- De vennootschap mag investeringen uitvoeren in onroerende activa voor eigen gebruik of ter verloning in natura van haar zaakvoerder(s).
- Het aanleggen,en oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan- en verkoop,de huur en verhuur,de ruil; in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen.
- De vennootschap mag investeringen uitvoeren in roerende activa voor eigen gebruik of ter verloning in natura van haar zaakvoerder(s).
- Het verwerven en aanhouden van participaties,in eender welke vorm,in alle bestaande of op te richten industriële,commerciële,financiële,landbouw- of immobiliënvennootschappen of –ondernemingen: het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen,waarin ze een participatie aanhoudt; het deelnemen aan hun beheer,bestuur,vereffening en toezicht evenals het verlenen van technische administratie en financiële bijstand aan deze vennootschap en onderneming.
- De vennootschap kan alle opdrachten,ambten en functies uitoefenen en alle bestuursopdrachten waarnemen in de meest ruime zin,welke rechtstreeks of onrechtstreeks met haar voorwerp verband houden,optreden als tussenpersoon,correspondent,mandataris,agent of vertegenwoordiger,adviezen verlenen van juridische,economische en technische aard en alle weldanige diensten of bijstand verlenen inzake investeringen,financieringen,beheer en administratie.
- De groothandel,kleinhandel,export en import,het optreden als tussenpersoon hetzij als makelaar,zelfstandige handelsvertegenwoordiger en/of commissionair in de handel van:
- Vitaminen,mineralen,sporenelementen,veevoederadditieven en voeders voor kleine en grote huisdieren en neerhofdieren;
- Additieven en producten van visvangst,landbouw,tuinbouw,veeteelt en voedingsbedrijven;
- Samengestelde en enkelvoudige veevoeders en meststoffen;
- Graan,zaad,tuin- en weidegereedschap;
- Voormengsels;
- Inlandse granen;
- Vaste brandstoffen;
- Foerage en stro.
- Het commercialiseren van additieven en aanverwante benodigdheden.
- De vennootschap kan door middel van inschrijving,inbreng,fusie,opslorping,financiële tussenkomst of afspraak deelnemen in andere Belgische of buitenlandse vennootschappen,instellingen of ondernemingen,zonder onderscheid,ongeacht of het voorwerp gelijk,verwant,verknocht of analoog is aan het hare of waarvan de deelneming of samenwerking kan bijdragen tot de verwezenlijking van haar doel; zij kan om alle brevetten,licenties en vergunningen solliciteren of deze aankopen,overdragen en uitbaten en alle genotsrechten ter zake toestaan.
- Zowel in België als in het buitenland,hetzij voor eigen rekening,hetzij voor rekening van derden,hetzij in deelneming met derden kan zij alle handels- en financiële operaties verrichten in de meest ruime zin,behalve diegene die wettelijk voorbehouden zijn aan depositobanken,houders van deposito’s op korte termijn,spaarkassen,hypotheekmaatschappijen en kapitalisatieondernemingen.
- Zij kan in de meest ruime zin deelnemen aan emissieverrichtingen van aandelen en vastrentende waarden door intekening,waarborg,plaatsing,verhandeling of anderszins,alsmede het verwezenlijken van om het even welke verrichtingen inzake portefeuille- of kapitaal-beheer.
- In het algemeen zal de vennootschap in het kader van haar werkzaamheden alle niet door de wet verboden bank-,handels-,roerende,onroerende,burgerlijke,nijverheids-,commerciële en financiële handelingen mogen verrichten die rechtstreeks of onrechtstreeks,geheel of gedeeltelijk verband houden met haar voorwerp,of die van aard zijn de verwezenlijking ervan te vergemakkelijken of uit te breiden,en die daartoe noodzakelijk nuttig,of zelfs alleen maar bevorderend zijn.
- Gereglementeerde activiteiten zullen evenwel beschouwd worden als geen deel uitmakend van het voorwerp,indien de vennootschap niet aan de voorwaarden ter zake voldoet.
- De vennootschap kan ook functies van bestuurder,zaakvoerder,commissaris of vereffenaar van andere vennootschappen uitoefenen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37303I0315/00Z000 | Flanders | 1,335 m² | 1 · 287 m² | 11.1 m · 2 |