IMAX PRO
Dissolution or liquidationThe KBO register records for IMAX PRO the legal situation: dissolution or liquidation (code 012); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €642k and a net result of €-448k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 3549 sector peers (2024).
NBB · sector comparisonPosition among 3549 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
20 d late
2023
29 d early
2022
22 d late
2021
61 d late
2020
73 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€1.73M▼ 30.4%
2023 · €2.49M
2021: €385k
2022: €915k
2023: €2.49M
2021 → 2024
EBIT margin
-26.9%▼ 37.2pp
2023 · 10.4%
2021: -152.9%
2022: -61.0%
2023: 10.4%
2021 → 2024
Net result
€-448k
2023 · €10k
2018: €62k
2019: €239k
2020: €18k
2021: €-744k
2022: €-645k
2023: €10k
2018 → 2024
Working capital
€-1.04M▼ 4.6%
2023 · €-989k
2018: €-752k
2019: €-1.75M
2020: €-1.61M
2021: €-2.59M
2022: €-1.96M
2023: €-989k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€385k€915k▲ 137%€2.49M▲ 172%€1.73M▼ 30.4%
Equity€3.79M-€3.09M▼ 18.5%€2.30M▼ 25.6%€1.21M▼ 47.5%€642k▼ 46.8%
Operating result€146k-€-589k€-558k▲ 5.3%€259k€-465k
Net result€18k-€-744k€-645k▲ 13.4%€10k€-448k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €465k after €259k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.88M
Fixed assets
€3.71M▼ 25.5%
Current assets
€1.17M▲ 89.1%
Equity and liabilities €4.88M
Equity
€642k▼ 46.8%
Debt
€4.24M▼ 3.5%
The debt ratio rises from 78.5% to 86.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€589k▼
2023 · €1.11M
Cash flow
€607k▼
2023 · €866k
Solvency
13.1%▼
2023 · 21.5%
Current ratio
0.53▲
2023 · 0.39
Quick ratio
0.40▲
2023 · 0.24
Debt / equity
6.61▲
2023 · 3.64
ROE
-69.7%▼
2023 · 0.8%
ROA
-9.2%▼
2023 · 0.2%
Interest coverage
2.52▼
2023 · 3.50
Debt
€4.24M▼
2023 · €4.40M
Debt ≤ 1 year
€2.21M▲
2023 · €1.61M
Debt > 1 year
€2.03M▼
2023 · €2.79M
Income taxes
€921▼
2023 · €8k
Staff costs
€428k▲
2023 · €416k
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€5.60M€4.88M▼
Formation expenses20€0-
Fixed assets21/28€4.98M€3.71M▼
Intangible fixed assets21€3.10M€2.34M▼
Tangible fixed assets22/27€1.88M€1.37M▼
Land and buildings22€0-
Plant, machinery and equipment23€491k€146k▼
Furniture and vehicles24€4k€2k▼
Leasing and similar rights25€1.39M€1.22M▼
Other tangible fixed assets26€0-
Assets under construction and advance payments27€0-
Financial fixed assets28€0-
Current assets29/58€621k€1.17M▲
Stocks and contracts in progress3€234k€297k▲
Stocks30/36€234k€297k▲
Amounts receivable within one year40/41€368k€833k▲
Trade receivables40€296k€833k▲
Other amounts receivable41€72k€182▼
Cash at bank and in hand54/58€19k€44k▲
Equity and liabilities
Total equity and liabilities10/49€5.60M€4.88M▼
Equity10/15€1.21M€642k▼
Contributions10/11€164k€164k=
Capital10€164k€164k=
Issued capital100€164k€164k=
Reserves13€82k€82k=
Non-distributable reserves130/1€16k€16k=
Legal reserve130€16k€16k=
Tax-exempt reserves132€65k€65k=
Profit (loss) carried forward14€-305k€-753k▼
Investment grants15€1.27M€1.15M▼
Amounts payable17/49€4.40M€4.24M▼
Amounts payable after more than one year17€2.79M€2.03M▼
Financial debts170/4€2.79M€2.03M▼
Amounts payable within one year42/48€1.61M€2.21M▲
Current portion of amounts payable after more than one year42€621k€1.06M▲
Financial debts43€300k€300k=
Credit institutions430/8€300k€300k=
Trade debts44€322k€359k▲
Suppliers440/4€322k€359k▲
Advances received on contracts in progress46€50k€16k▼
Taxes, remuneration and social security45€176k€323k▲
Taxes450/3€73k€181k▲
Remuneration and social security454/9€103k€142k▲
Other amounts payable47/48€141k€150k▲
Income statement
Code20232024
Turnover70€2.49M€1.73M▼
Non-recurring operating income76A€115k€207k▲
Goods, raw materials, services and sundry goods60/61€1.15M€958k▼
Remuneration, social security and pensions62€416k€428k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€856k€1.05M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0-
Other operating charges640/8€9k€18k▲
Non-recurring operating charges66A€6k€100k▲
Gross operating margin9900€1.55M€1.14M▼
Operating profit (loss)9901€259k€-465k▼
Financial income75/76B€78k€252k▲
Recurring financial income75€78k€252k▲
Non-recurring financial income76B-€366
Financial charges65/66B€318k€234k▼
Recurring financial charges65€318k€234k▼
Non-recurring financial charges66B€135-
Profit (loss) for the period before taxes9903€18k€-447k▼
Income taxes67/77€8k€921▼
Profit (loss) for the period9904€10k€-448k▼
Profit (loss) for the period to be appropriated9905€10k€-448k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-305k€-753k▼
Profit (loss) brought forward from the previous period14P€-315k€-305k▲
Social balance
Average headcount (FTE)90876.26.0▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
07-08
State Gazette act
Resignations & appointments · End & cessationGeneral meeting · Net-asset statement · Dissolution9 facts ▸
State Gazette act
Resignations & appointments · End & cessation
General meeting · Net-asset statement · Dissolution9 facts ▸
- General meeting, 9 juillet 2026
- Net-asset statement, 31 mai 2026
- Net-asset statement, 31 mai 2026
- Dissolution, 2026-07-09
- Liquidation, 9 juillet 2026
- Director appointment, FRANCK Edouard (liquidateur)
- Mandate compensation, FRANCK Edouard
- Power of attorney, FRANCK Edouard
- Court decision, homologation de la nomination du liquidateur
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 20 days late
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after 2 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 22 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet €-744k ▼4151%
Net result drops to €-744k, the lowest in the series.
12-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 73 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
31-12
Financial
Highest result since 2018net €239k ▲287%
Operating result €402k, net result €239k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 26 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2026
FRANCK Edouard
CurrentLiquidateur · since 09-07-2026
09-07-2026
Appointed as Liquidateur
Location & real-estate footprint
Registered office, Aywaille · 1 establishment unit since 2003
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 du Pré Clamin 14920 AywailleGround area
5,921 m²
Building footprint
2,442 m²
Volume, LiDAR
17,458 m³
Parcel 61026A1010/00S003, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Pré Clamin 1, 4920 Aywaille
since 20032.126.273.652
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61026A1010/00S003 | Wallonia | 5,921 m² | 1 · 2,442 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
ELEKTRICITEIT IVES DEBO
BE 0861.820.353
Tielt · Eq €642k
ELECTRO SMETS
BE 0474.039.889
Kasterlee · Eq €642k
NATURAL ENERGY
BE 0893.328.626
Marche-en-Famenne · Eq €641k
Electro Soeffers Ronny
BE 0878.385.775
Beringen · Eq €641k
VANDOCK
BE 0886.430.639
Kortrijk · Eq €643k
Of 22,826 companies in sector 43211 we hold annual accounts for 10,328. 5,867 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded08-01-2003
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
28420Manufacture of machinery and equipment not elsewhere classified
46140Agents in the wholesale of industrial machinery, ships and aircraft
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.