IMCOMA

Active

Private limited companyfounded 20242 yrs activeRue Marie Popelin 1, 7180 Seneffe, BelgiumKBO/BCE: BE 1010.424.452

The computed 12-month bankruptcy probability of IMCOMA is 1.7% (moderate). The 2025 annual accounts show equity of €4.23M and a net result of €704k. Its solvency ranks better than 60% of 152 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

100 / 100

Excellent▲ +11 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability68▲+23

Solvency97=

Growth67

Stability82

Bankruptcy probability, 12 months

1.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €420k at 30 days only on tighter terms

Liquidity ample (current ratio 2.5 against 1.98 in 2024), and 44.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Young company

A young company has little track record yet and statistically fails more often than an established one.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 22

Relative position

BE, all sectors

reference

Sector 22

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

55.5%

Return on assets

9.2%

Age of the figures

8 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

17 d early

2024

5 d late

← before the deadline after the deadline →

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 months

Position in the running window

05-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Turnover

€10.00M▲ 15.8%

2024 · €8.63M

2024: €8.63M

2024 → 2025

EBIT margin

10.7%▲ 1.9pp

2024 · 8.7%

2024: 8.7%

2024 → 2025

Net result

€704k▲ 68.0%

2024 · €419k

2024: €419k

2024 → 2025

Working capital

€2.92M▲ 14.0%

2024 · €2.56M

2024: €2.56M

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Turnover€8.63M-€10.00M▲ 15.8%

Equity€5.99M-€4.23M▼ 29.4%

Operating result€754k-€1.07M▲ 41.5%

Net result€419k-€704k▲ 68.0%

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 41% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €7.61M

36.2%

63.8%

Fixed assets €2.75M▼ 46.6%

Current assets €4.86M▼ 6.2%

Equity and liabilities €7.61M

55.5%

44.5%

Equity €4.23M▼ 29.4%

Debt €3.38M▼ 22.0%

The debt ratio rises from 42.0% to 44.5%: equity shrinks faster than debt is paid down.

Key figures and ratios

2025 value · change against 2024

EBITDA

€1.20M▲

2024 · €882k

Cash flow

€842k▲

2024 · €547k

Solvency

55.5%▼

2024 · 58.0%

Current ratio

2.50▲

2024 · 1.98

Quick ratio

0.89▼

2024 · 0.96

Debt / equity

0.80▲

2024 · 0.72

ROE

16.7%▲

2024 · 7.0%

ROA

9.2%▲

2024 · 4.1%

Interest coverage

7.67▲

2024 · 4.88

Debt

€3.38M▼

2024 · €4.34M

Debt ≤ 1 year

€1.94M▼

2024 · €2.62M

Debt > 1 year

€1.44M▼

2024 · €1.72M

Income taxes

€258k▲

2024 · €238k

Staff costs

€764k▲

2024 · €692k

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 · 2025 against 2024

Balance sheet Code20242025

Total assets 20/58€10.33M€7.61M▼

Fixed assets 21/28€5.15M€2.75M▼

Intangible fixed assets 21€24k€17k▼

Tangible fixed assets 22/27€2.66M€2.74M▲

Financial fixed assets 28€2.47M€111▼

Current assets 29/58€5.18M€4.86M▼

Stocks & contracts in progress 3€2.65M€3.12M▲

Amounts receivable within one year 40/41€2.25M€1.60M▼

Cash & bank 54/58€274k€134k▼

Total equity & liabilities 10/49€10.33M€7.61M▼

Equity 10/15€5.99M€4.23M▼

Contributions / capital 10/11€883k€883k=

Reserves 13€3.11M€2.64M▼

Accumulated profits (losses) 14€2.00M€704k▼

Amounts payable 17/49€4.34M€3.38M▼

Amounts payable after one year 17€1.72M€1.44M▼

Amounts payable within one year 42/48€2.62M€1.94M▼

Trade debts payable within one year 44€1.28M€983k▼

Income statement Code20242025

Turnover 70€8.63M€10.00M▲

Gross operating margin 9900€1.62M€2.00M▲

Operating result 9901€754k€1.07M▲

Financial income 75€84k€53k▼

Financial charges 65€181k€157k▼

Result before taxes 9903€657k€962k▲

Income taxes 67/77€238k€258k▲

Net result for the period 9904€419k€704k▲

Result to be appropriated 9905€419k€704k▲

Timeline · acts, filings and financial milestones

All 11Gazette 9Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

14-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

05-08

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 5 days late

17-06

State Gazette act Registered-office change

27-02

State Gazette act Director changes

03-02

State Gazette act Statutes amendment

Tim CARNEWAL

03-02

State Gazette act Statutes amendment

Tim CARNEWAL

2024

04-12

State Gazette act Statutes amendment

Olivier BROUWERS

05-11

State Gazette act Director changes

04-10

State Gazette act Director changes

02-08

State Gazette act Director changes

02-07

State Gazette act Registered-office change

Brecht Reyntjens

State Gazette actNBB filing

9 of 11 acts read

About the unread acts

Of the 11 Belgian State Gazette acts we know for this company, 9 have been read. The other 2 have 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

5 directors, last change in 2024

Hugh M. Smith Jr

Director · since 02-08-2024

Current

Jack Poindexter

Director · since 02-08-2024

Current

Philippe Cavaillé

Managing director · since 02-08-2024

Current

Tracy Malpass

Director · since 02-08-2024

Current

01-10-2024 Philippe Cavaillé: Appointed as Managing director

02-08-2024 Hugh M. Smith Jr: Appointed as Director

02-08-2024 Jack Poindexter: Appointed as Director

02-08-2024 Philippe Cavaillé: Appointed as Director

02-08-2024 Tracy Malpass: Appointed as Director

02-08-2024 Bremhove NV: Resigned as Director

Not every act has been read: a resignation may be missing here

2 of this company's 11 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Seneffe · 1 establishment unit since 2024

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 Marie Popelin 17180 Seneffe

1 establishment unit

EJ IMCOMA

Rue Marie Popelin 1, 7180 SeneffeManufacture of chemicals and chemical products

since 20242.360.458.574