IMBG
ActiveSummary
The computed 12-month bankruptcy probability of IMBG is 3.2% (moderate). The 2025 annual accounts show equity of €130k and a net result of €26k. Equity is growing by ~34.2% per year across the filed fiscal years. Its solvency ranks better than 22% of 1208 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-22
Solvency43▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity short (current ratio 0.29 against 0.07 in 2024; short-term debt: 33.6% and cash: 6.3% of total assets), and 81.7% of the assets are financed with debt.
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Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
18.3%
Return on assets
3.7%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 1208 sector peers (2025).
NBB · sector comparisonPosition among 1208 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 6 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
29 d late
2022
30 d late
2021
29 d late
2020
30 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
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 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€26k▼ 19.3%
2024 · €33k
Working capital
€-169k▼ 9.4%
2024 · €-155k
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
Line20212022202320242025
Operating result€10k€7k▼ 21.9%€48k▲ 552%€59k▲ 22.8%€107k▲ 79.5%
Net result€5k€-748€32k€33k▲ 1.4%€26k▼ 19.3%
Equity€39k▲ 15.1%€39k▼ 1.9%€71k▲ 83.6%€104k▲ 46.2%€130k▲ 25.5%
Total assets€226k▼ 0.6%€693k▲ 207%€681k▼ 1.7%€658k▼ 3.4%€712k▲ 8.2%
Debt€186k▼ 3.4%€654k▲ 251%€610k▼ 6.8%€554k▼ 9.2%€581k▲ 4.9%
Working capital€29k▼ 1.4%€-140k€-148k▼ 6.1%€-155k▼ 4.6%€-169k▼ 9.4%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 80% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €712k
Fixed assets
€642k ▼ 0.7%
Current assets
€69k ▲ 522%
Equity and liabilities €712k
Equity
€130k ▲ 25.5%
Debt
€581k ▲ 4.9%
Debt's share of the balance-sheet total falls from 84.2% to 81.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€111k▲
2024 · €64k
Cash flow
€31k▼
2024 · €37k
Current ratio
0.29▲
2024 · 0.07
Debt to equity
4.46▼
2024 · 5.34
ROE
20.3%▼
2024 · 31.6%
ROA
3.7%▼
2024 · 5.0%
Interest coverage
1.57▼
2024 · 3.96
Debt ≤ 1 year
€239k▲
2024 · €166k
Debt > 1 year
€343k▼
2024 · €388k
Income taxes
€10k▼
2024 · €10k
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 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €5k | €5k | €5k | = |
| Other operating charges640/8 | €348 | €348 | €384 | €1k | €1k | ▲ 3.1% |
| Gross operating margin9900 | €14k | €12k | €53k | €65k | €112k | ▲ 72.5% |
| Operating profit (loss)9901 | €10k | €7k | €48k | €59k | €107k | ▲ 79.5% |
| Financial income75/76B | €352 | €205 | - | €24 | €848 | ▲ 3,431% |
| Recurring financial income75 | €352 | €205 | - | €24 | €848 | ▲ 3,431% |
| Financial charges65/66B | €5k | €8k | €16k | €16k | €71k | ▲ 338% |
| Recurring financial charges65 | €5k | €8k | €16k | €16k | €71k | ▲ 338% |
| Profit (loss) for the period before taxes9903 | €5k | €-748 | €32k | €43k | €37k | ▼ 15.2% |
| Income taxes67/77 | - | - | - | €10k | €10k | ▼ 2.5% |
| Profit (loss) for the period9904 | €5k | €-748 | €32k | €33k | €26k | ▼ 19.3% |
| Profit (loss) for the period to be appropriated9905 | €5k | €-748 | €32k | €33k | €26k | ▼ 19.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €226k | €693k | €681k | €658k | €712k | ▲ 8.2% |
| Fixed assets21/28 | €182k | €656k | €651k | €647k | €642k | ▼ 0.7% |
| Tangible fixed assets22/27 | €182k | €177k | €173k | €168k | €164k | ▼ 2.7% |
| Land and buildings22 | €182k | €177k | €173k | €168k | €164k | ▼ 2.7% |
| Financial fixed assets28 | - | €479k | €479k | €479k | €479k | = |
| Current assets29/58 | €44k | €37k | €30k | €11k | €69k | ▲ 522% |
| Amounts receivable within one year40/41 | €31k | €22k | €14k | €3k | €24k | ▲ 696% |
| Trade receivables40 | €11k | €2k | €3k | €3k | €24k | ▲ 696% |
| Other amounts receivable41 | €20k | €21k | €11k | - | - | - |
| Cash at bank and in hand54/58 | €13k | €14k | €16k | €8k | €45k | ▲ 456% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €226k | €693k | €681k | €658k | €712k | ▲ 8.2% |
| Equity10/15 | €39k | €39k | €71k | €104k | €130k | ▲ 25.5% |
| Contributions10/11 | €41k | €41k | €41k | €41k | €41k | = |
| Profit (loss) carried forward14 | €-2k | €-2k | €30k | €63k | €89k | ▲ 42.2% |
| Amounts payable17/49 | €186k | €654k | €610k | €554k | €581k | ▲ 4.9% |
| Amounts payable after more than one year17 | €172k | €478k | €432k | €388k | €343k | ▼ 11.7% |
| Financial debts170/4 | €172k | €478k | €432k | €388k | €343k | ▼ 11.7% |
| Amounts payable within one year42/48 | €15k | €177k | €178k | €166k | €239k | ▲ 43.8% |
| Current portion of amounts payable after more than one year42 | €11k | €43k | €43k | €44k | €46k | ▲ 3.0% |
| Trade debts44 | €2k | €3k | €1k | €2k | €674 | ▼ 71.3% |
| Suppliers440/4 | €2k | €3k | €1k | €2k | €674 | ▼ 71.3% |
| Taxes, remuneration and social security45 | €2k | €2k | €11k | €14k | €27k | ▲ 87.9% |
| Taxes450/3 | €2k | €2k | €11k | €14k | €27k | ▲ 87.6% |
| Remuneration and social security454/9 | - | - | - | - | €38 | - |
| Other amounts payable47/48 | - | €129k | €123k | €105k | €166k | ▲ 57.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €-748 | €32k | €33k | €26k | ▼ 19.3% |
| + Depreciation and write-downs630 | €5k | €5k | €5k | €5k | €5k | = |
| Operating cash flow (approximation) | €10k | €4k | €37k | €37k | €31k | ▼ 16.9% |
| Investment in fixed assets (approximation) | - | €-479k | €0 | €0 | €0 | - |
| Change in cash | - | €2k | €1k | €-8k | €37k | ▲ 574% |
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
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial
Highest result since 2020net €33k ▲1.4%
Net result €33k, the highest in the series.
31-12
Financial
Equity above €100kEq €104k ▲46.2%
2 profitable years in a row build equity to €104k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
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.
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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, Elsene · 1 establishment unit since 2020
Ground area
72 m²
Building footprint
72 m²
Volume, LiDAR
913 m³
Parcel 21447B0296/00W004, Brussels · tallest building 16.9 m, ±5 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
IMBG
since 20202.299.060.742
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0296/00W004 | Brussels | 72 m² | 1 · 72 m² | 16.9 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
254900GCEL8YATYHDC29
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Of 1,280 companies in sector 81100 we hold annual accounts for 678. 458 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
Founded23-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
81100Combined facilities support activities
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.