IMAUDRIAN
ActiveSummary
IMAUDRIAN has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €117k and a net result of €98k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 32% of 19356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability69▲+39
Solvency36▲+9
Growth78▲+46
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.51 against 1.02 in 2023; short-term debt: 29.6% and cash: 2.6% of total assets), but 89.2% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
21222324
2021 to 2024 · latest year €117k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
51 d early
2022
30 d late
2021
43 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Equity
€117k▲ 530%
2023 · €19k
Total assets
€1.08M▲ 39.1%
2023 · €780k
Net result
€98k
2023 · €-23k
Working capital
€164k▲ 788%
2023 · €19k
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
Line2021202220232024
Operating result€-3k-€-650▲ 79.1%€-912▼ 40.4%€137k
Net result€-3k-€-5k▼ 61.9%€-23k▼ 363%€98k
Equity€47k-€42k▼ 10.7%€19k▼ 55.7%€117k▲ 530%
Total assets€50k-€637k▲ 1,169%€780k▲ 22.4%€1.08M▲ 39.1%
Debt€3k-€596k▲ 17,766%€762k▲ 27.9%€968k▲ 27.1%
Working capital€47k-€42k▼ 10.7%€19k▼ 55.7%€164k▲ 788%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €137k after a loss of €912 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.08M
Fixed assets
€599k
Current assets
€485k
Equity and liabilities €1.08M
Equity
€117k ▲ 530%
Debt
€968k ▲ 27.1%
Debt's share of the balance-sheet total falls from 97.6% to 89.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€141k
Cash flow
€102k
Current ratio
1.51▲
2023 · 1.02
Quick ratio
0.11▲
2023 · 0.01
Debt to equity
8.29▼
2023 · 41.10
ROE
84.1%▲
2023 · -125.8%
ROA
9.1%▲
2023 · -3.0%
Interest coverage
4.72
Debt ≤ 1 year
€321k▼
2023 · €762k
Debt > 1 year
€647k
Income taxes
€9k
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 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €3k | - |
| Other operating charges640/8 | €355 | €348 | €384 | €722 | ▲ 87.9% |
| Gross operating margin9900 | €-3k | €-302 | €-528 | €142k | ▲ 26,931% |
| Operating profit (loss)9901 | €-3k | €-650 | €-912 | €137k | ▲ 15,169% |
| Financial income75/76B | - | - | €7 | - | - |
| Recurring financial income75 | - | - | €7 | - | - |
| Financial charges65/66B | €10 | €4k | €22k | €30k | ▲ 33.2% |
| Recurring financial charges65 | €10 | €4k | €22k | €30k | ▲ 33.2% |
| Profit (loss) for the period before taxes9903 | €-3k | €-5k | €-23k | €108k | ▲ 561% |
| Income taxes67/77 | - | - | - | €9k | - |
| Profit (loss) for the period9904 | €-3k | €-5k | €-23k | €98k | ▲ 521% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €-5k | €-23k | €98k | ▲ 521% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €50k | €637k | €780k | €1.08M | ▲ 39.1% |
| Fixed assets21/28 | - | - | - | €599k | - |
| Tangible fixed assets22/27 | - | - | - | €599k | - |
| Leasing and similar rights25 | - | - | - | €599k | - |
| Current assets29/58 | €50k | €637k | €780k | €485k | ▼ 37.8% |
| Stocks and contracts in progress3 | - | €626k | €776k | €450k | ▼ 42.0% |
| Stocks30/36 | - | €626k | €776k | €450k | ▼ 42.0% |
| Amounts receivable within one year40/41 | €3k | €3k | €0 | €8k | - |
| Trade receivables40 | €3k | €0 | - | €0 | - |
| Other amounts receivable41 | €40 | €3k | €0 | €8k | - |
| Cash at bank and in hand54/58 | €47k | €8k | €5k | €28k | ▲ 502% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €50k | €637k | €780k | €1.08M | ▲ 39.1% |
| Equity10/15 | €47k | €42k | €19k | €117k | ▲ 530% |
| Contributions10/11 | €50k | €50k | €50k | €50k | = |
| Profit (loss) carried forward14 | €-3k | €-8k | €-31k | €67k | ▲ 312% |
| Amounts payable17/49 | €3k | €596k | €762k | €968k | ▲ 27.1% |
| Amounts payable after more than one year17 | - | - | - | €647k | - |
| Financial debts170/4 | - | - | - | €647k | - |
| Amounts payable within one year42/48 | €3k | €596k | €762k | €321k | ▼ 57.9% |
| Current portion of amounts payable after more than one year42 | - | €0 | - | - | - |
| Financial debts43 | - | €439k | €500k | €22k | ▼ 95.5% |
| Credit institutions430/8 | - | €439k | €500k | €22k | ▼ 95.5% |
| Trade debts44 | €3k | €5k | €19k | €9k | ▼ 52.6% |
| Suppliers440/4 | €3k | €5k | €19k | €9k | ▼ 52.6% |
| Taxes, remuneration and social security45 | - | €0 | €0 | €9k | - |
| Taxes450/3 | - | €0 | €0 | €9k | - |
| Other amounts payable47/48 | €779 | €151k | €243k | €280k | ▲ 15.4% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €-5k | €-23k | €98k | ▲ 521% |
| + Depreciation and write-downs630 | - | - | - | €3k | - |
| Operating cash flow (approximation) | €-3k | €-5k | €-23k | €102k | ▲ 536% |
| Change in cash | - | €-39k | €-3k | €23k | ▲ 818% |
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
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €98k
Net result €98k after 3 loss-making years.
31-12
Financial
Equity above €100kEq €117k ▲530%
Equity rises from €19k to €117k.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-23k
Net result drops to €-23k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
18-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Blégny
Ground area
309 m²
Building footprint
164 m²
Volume, LiDAR
783 m³
Parcel 62010A0142/03T000, Wallonia · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62010A0142/03T000 | Wallonia | 309 m² | 1 · 164 m² | 6.0 m · 2 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.
Similar companies · same sector, comparable size
IK PROJECTS
BE 0665.958.349
Tielt · Eq €116,757
RMV CONSTRUCT
BE 0480.122.680
Wuustwezel · Eq €116,821
GIER & LAND
BE 0781.570.075
Hasselt · Eq €116,836
STRATTON RED
BE 0440.364.261
Sint-Martens-Latem · Eq €116,679
EVO INVEST
BE 0765.834.301
Temse · Eq €116,548
Of 9,698 companies in sector 68121 we hold annual accounts for 7,385. 5,349 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
Founded07-06-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
Scores and ratios are computed by Checked and are not a credit decision.