IMBEX
ActiveSummary
IMBEX has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €512k and a net result of €21k. Equity is shrinking by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability74▲+5
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 93.3; short-term debt: 0.8% and cash: 3.7% of total assets), and 1.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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 · 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
98.6%
Return on assets
4.1%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
1 d early
2023
5 d early
2022
21 d early
2021
3 d early
2020
4 d late
2019
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€512k▲ 4.3%
2024 · €490k
2019: €875khighest in 7 years
2020: €866k▼ -1.0% vs 2019
2021: €838k▼ -3.3% vs 2020
2022: €461k▼ -45.0% vs 2021lowest in 7 years
2023: €488k▲ +6.0% vs 2022
2024: €490k▲ +0.4% vs 2023
2025: €512k▲ +4.3% vs 2024
2019 → 2025
Total assets
€519k▲ 4.7%
2024 · €496k
2019: €921khighest in 7 years
2020: €891k▼ -3.2% vs 2019
2021: €855k▼ -4.0% vs 2020
2022: €469k▼ -45.1% vs 2021lowest in 7 years
2023: €495k▲ +5.5% vs 2022
2024: €496k▲ +0.1% vs 2023
2025: €519k▲ +4.7% vs 2024
2019 → 2025
Net result
€21k▲ 924%
2024 · €2k
2019: €2k
2020: €-9k▼ -551% vs 2019
2021: €-28k▼ -226% vs 2020lowest in 7 years
2022: €-27k▲ +6.4% vs 2021
2023: €28k▲ +203% vs 2022highest in 7 years
2024: €2k▼ -92.4% vs 2023
2025: €21k▲ +924% vs 2024
2019 → 2025
Working capital
€383k▲ 10.4%
2024 · €347k
2019: €778khighest in 7 years
2020: €708k▼ -9.0% vs 2019
2021: €659k▼ -7.0% vs 2020
2022: €241k▼ -63.4% vs 2021lowest in 7 years
2023: €303k▲ +25.7% vs 2022
2024: €347k▲ +14.3% vs 2023
2025: €383k▲ +10.4% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€838k-€461k▼ 45.0%€488k▲ 6.0%€490k▲ 0.4%€512k▲ 4.3%
2021: €838khighest in 5 years
2022: €461k▼ -45.0% vs 2021lowest in 5 years
2023: €488k▲ +6.0% vs 2022
2024: €490k▲ +0.4% vs 2023
2025: €512k▲ +4.3% vs 2024
Operating result€-28k-€-28k▼ 1.7%€29k€-2k€21k
2021: €-28k
2022: €-28k▼ -1.7% vs 2021lowest in 5 years
2023: €29k▲ +203% vs 2022highest in 5 years
2024: €-2k▼ -106% vs 2023
2025: €21k▲ +1266% vs 2024
Net result€-28k-€-27k▲ 6.4%€28k€2k▼ 92.4%€21k▲ 924%
2021: €-28klowest in 5 years
2022: €-27k▲ +6.4% vs 2021
2023: €28k▲ +203% vs 2022highest in 5 years
2024: €2k▼ -92.4% vs 2023
2025: €21k▲ +924% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €21k after a loss of €2k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €519k
Fixed assets
€132k ▼ 9.8%
Current assets
€387k ▲ 10.8%
Equity and liabilities €519k
Equity
€512k ▲ 4.3%
Debt
€7k ▲ 41.4%
Debt's share of the balance-sheet total rises from 1.1% to 1.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46k▲
2024 · €23k
Cash flow
€47k▲
2024 · €27k
Current ratio
93.30
Quick ratio
81.85
Debt to equity
0.01▲
2024 · 0.01
ROE
4.2%▲
2024 · 0.4%
ROA
4.1%▲
2024 · 0.4%
Interest coverage
296.44▲
2024 · 140.91
Debt ≤ 1 year
€4k▲
2024 · €2k
Income taxes
€3k▲
2024 · €190
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€496k€519k▲
Fixed assets21/28€147k€132k▼
Tangible fixed assets22/27€147k€132k▼
Land and buildings22€93k€93k=
Plant, machinery and equipment23€54k€39k▼
Furniture and vehicles24€0-
Current assets29/58€349k€387k▲
Stocks and contracts in progress3€95k€47k▼
Stocks30/36€95k€47k▼
Amounts receivable within one year40/41€10k€309k▲
Trade receivables40€7k€4k▼
Other amounts receivable41€2k€305k▲
Current investments50/53€200k€0▼
Cash at bank and in hand54/58€38k€19k▼
Deferred charges and accrued income490/1€6k€11k▲
Equity and liabilities
Total equity and liabilities10/49€496k€519k▲
Equity10/15€490k€512k▲
Contributions10/11€125k€125k=
Capital10€125k€125k=
Issued capital100€125k€125k=
Reserves13€365k€387k▲
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Tax-exempt reserves132€14k€14k=
Distributable reserves133€339k€360k▲
Amounts payable17/49€5k€7k▲
Amounts payable within one year42/48€2k€4k▲
Trade debts44€784€798▲
Suppliers440/4€784€798▲
Taxes, remuneration and social security45€1k€3k▲
Taxes450/3€1k€3k▲
Other amounts payable47/48€222€222=
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€26k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-5k€-5k▼
Other operating charges640/8€14k€12k▼
Non-recurring operating charges66A€171€0▼
Gross operating margin9900€33k€53k▲
Operating profit (loss)9901€-2k€21k▲
Financial income75/76B€4k€4k▼
Recurring financial income75€4k€4k▼
Financial charges65/66B€162€156▼
Recurring financial charges65€162€156▼
Profit (loss) for the period before taxes9903€2k€24k▲
Income taxes67/77€190€3k▲
Profit (loss) for the period9904€2k€21k▲
Profit (loss) for the period to be appropriated9905€2k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€2k€21k▲
Transfer to equity691/2€2k€21k▲
To other reserves6921€2k€21k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31k | €53k | €45k | €25k | €26k | ▲ 4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €-5k | €-5k | ▼ 16.7% |
| Other operating charges640/8 | - | €16k | €15k | €14k | €12k | ▼ 14.1% |
| Non-recurring operating charges66A | - | - | - | €171 | €0 | ▼ 100% |
| Gross operating margin9900 | €19k | €41k | €89k | €33k | €53k | ▲ 62.9% |
| Operating profit (loss)9901 | €-28k | €-28k | €29k | €-2k | €21k | ▲ 1,266% |
| Financial income75/76B | - | €3k | €0 | €4k | €4k | ▼ 11.7% |
| Recurring financial income75 | €0 | €3k | €0 | €4k | €4k | ▼ 11.7% |
| Financial charges65/66B | - | €73 | €194 | €162 | €156 | ▼ 3.4% |
| Recurring financial charges65 | €41 | €73 | €194 | €162 | €156 | ▼ 3.4% |
| Profit (loss) for the period before taxes9903 | €-28k | €-26k | €29k | €2k | €24k | ▲ 968% |
| Income taxes67/77 | €890 | €1k | €1k | €190 | €3k | ▲ 1,449% |
| Profit (loss) for the period9904 | €-28k | €-27k | €28k | €2k | €21k | ▲ 924% |
| Profit (loss) for the period to be appropriated9905 | €-28k | €-27k | €28k | €2k | €21k | ▲ 924% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €855k | €469k | €495k | €496k | €519k | ▲ 4.7% |
| Fixed assets21/28 | €183k | €223k | €188k | €147k | €132k | ▼ 9.8% |
| Tangible fixed assets22/27 | €183k | €223k | €188k | €147k | €132k | ▼ 9.8% |
| Land and buildings22 | - | €93k | €93k | €93k | €93k | = |
| Plant, machinery and equipment23 | - | €95k | €78k | €54k | €39k | ▼ 26.7% |
| Furniture and vehicles24 | - | €36k | €17k | €0 | - | - |
| Current assets29/58 | €672k | €246k | €307k | €349k | €387k | ▲ 10.8% |
| Stocks and contracts in progress3 | €136k | €136k | €136k | €95k | €47k | ▼ 50.0% |
| Stocks30/36 | - | €136k | €136k | €95k | €47k | ▼ 50.0% |
| Amounts receivable within one year40/41 | €6k | €4k | €948 | €10k | €309k | ▲ 3,132% |
| Trade receivables40 | - | €3k | €0 | €7k | €4k | ▼ 45.7% |
| Other amounts receivable41 | - | €929 | €948 | €2k | €305k | ▲ 12,729% |
| Current investments50/53 | - | - | - | €200k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €528k | €103k | €165k | €38k | €19k | ▼ 49.6% |
| Deferred charges and accrued income490/1 | - | €3k | €6k | €6k | €11k | ▲ 82.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €855k | €469k | €495k | €496k | €519k | ▲ 4.7% |
| Equity10/15 | €838k | €461k | €488k | €490k | €512k | ▲ 4.3% |
| Contributions10/11 | €125k | €125k | €125k | €125k | €125k | = |
| Capital10 | - | €125k | €125k | €125k | €125k | = |
| Issued capital100 | - | €125k | €125k | €125k | €125k | = |
| Reserves13 | €713k | €336k | €363k | €365k | €387k | ▲ 5.8% |
| Non-distributable reserves130/1 | - | €13k | €13k | €13k | €13k | = |
| Legal reserve130 | - | €13k | €13k | €13k | €13k | = |
| Tax-exempt reserves132 | - | €14k | €14k | €14k | €14k | = |
| Distributable reserves133 | - | €309k | €337k | €339k | €360k | ▲ 6.3% |
| Profit (loss) carried forward14 | - | €0 | €0 | - | - | - |
| Amounts payable17/49 | €17k | €9k | €7k | €5k | €7k | ▲ 41.4% |
| Amounts payable after more than one year17 | €0 | - | - | - | - | - |
| Amounts payable within one year42/48 | €14k | €5k | €4k | €2k | €4k | ▲ 74.7% |
| Trade debts44 | €7k | €3k | €825 | €784 | €798 | ▲ 1.8% |
| Suppliers440/4 | - | €3k | €825 | €784 | €798 | ▲ 1.8% |
| Advances received on contracts in progress46 | - | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €2k | €3k | €1k | €3k | ▲ 129% |
| Taxes450/3 | - | €2k | €3k | €1k | €3k | ▲ 129% |
| Other amounts payable47/48 | - | €222 | €222 | €222 | €222 | = |
| Accrued charges and deferred income492/3 | - | €4k | €3k | €3k | €3k | ▲ 14.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-28k | €-27k | €28k | €2k | €21k | ▲ 924% |
| + Depreciation and write-downs630 | €31k | €53k | €45k | €25k | €26k | ▲ 4.3% |
| Operating cash flow (approximation) | €2k | €26k | €72k | €27k | €47k | ▲ 76.2% |
| Investment in fixed assets (approximation) | - | €-93k | €-9k | €17k | €-11k | ▼ 168% |
| Change in cash | - | €-425k | €62k | €-127k | €-19k | ▲ 84.9% |
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
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Equity above €500kEq €512k ▲4.3%
3 profitable years in a row build equity to €512k.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Back to profitnet €28k
Net result €28k after 3 loss-making years.
2022
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series; recovery starts the following year.
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 4 days late
31-03
Financial
Liquidity doublescurrent ratio 50.52
Current ratio from 21.90 to 50.52; short-term debt falls from €37k to €14k.
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
16-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Wevelgem · 1 establishment unit since 1989
Ground area
6,511 m²
Building footprint
2,829 m²
Volume, LiDAR
15,151 m³
Parcel 34029B0578/00S000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
IMBEX NV
since 19892.042.367.860
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34029B0578/00S000 | Flanders | 6,511 m² | 1 · 2,829 m² | 7.2 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
Immobilière Imala
BE 0403.365.392
Orp-Jauche · Eq €512,202
IBOTIN
BE 0896.248.524
Mol · Eq €510,922
Peribuild
BE 0685.757.633
Oudenaarde · Eq €512,853
SAFY REAL ESTATE
BE 1001.858.560
Antwerpen · Eq €510,536
Z1 INVEST
BE 0632.867.095
Lummen · Eq €510,341
Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 4,405 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded29-12-1988
Fiscal year end31-03
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
43990Other specialised construction activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.