IMCOMA
ActiveSummary
The computed 12-month bankruptcy probability of IMCOMA is 3.5% (moderate). The 2025 annual accounts show equity of €4.2m and a net result of €704,005. Its solvency ranks better than 61% of 183 sector peers (NACE 22, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- 10.8 FTE
- Equity
- €4.2m
- Profit
- €704,005
- Parent
- EJ BENELUX ACCESS SOLUTIONS · 100%
Why 50raises risk2 changes of registered office in 24 monthsFounded in 2024Liquidity: current ratio 2.50, cash €133,687, halvedlowers riskSize: turnover €10.0m, 10.8 FTE, total assets €7.6mShow the evidence
Checked score
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 22, small): better than 58% on solvency, 42% on liquidity, 67% on profitability and 53% on growth.
The bankruptcy probability was computed on 20-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 6 days before the deadline; the sector median (NACE 22) for financial year 2024 is 14 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · full…
- Registered officeRegistered-office move
Financials · financial year 2025, abbreviated format
2024 to 2025, 2 financial years
The operating result rises in 2025; 2025 is 41% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 22, Manufacture of rubber and plastic products: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
- 2025 Net result +68% on 2024. The accounts now follow the abbreviated format, last year the full format.
Peer companies
Historical observationOf the 3,127 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97.2% are still going.
- Small
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 3.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,127 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Turnover70 | €8.6m | €10.0m | ▲ 15.8% |
| Goods, raw materials, services and sundry goods60/61 | €7.0m | €8.6m | ▲ 22.7% |
| Remuneration, social security and pensions62 | €0.7m | €0.8m | ▲ 10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.1m | €0.1m | ▲ 7.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €462 | - |
| Other operating charges640/8 | €0.05m | €0.03m | ▼ 32.3% |
| Gross operating margin9900 | €1.6m | €2.0m | ▲ 23.5% |
| Operating profit (loss)9901 | €0.8m | €1.1m | ▲ 41.5% |
| Financial income75/76B | €0.08m | €0.05m | ▼ 36.9% |
| Recurring financial income75 | €0.08m | €0.05m | ▼ 36.9% |
| Financial charges65/66B | €0.2m | €0.2m | ▼ 13.2% |
| Recurring financial charges65 | €0.2m | €0.2m | ▼ 13.2% |
| Profit (loss) for the period before taxes9903 | €0.7m | €1.0m | ▲ 46.5% |
| Income taxes67/77 | €0.2m | €0.3m | ▲ 8.5% |
| Profit (loss) for the period9904 | €0.4m | €0.7m | ▲ 68.0% |
| Transfer from tax-exempt reserves789 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.4m | €0.7m | ▲ 68.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €10.3m | €7.6m | ▼ 26.3% |
| Fixed assets21/28 | €5.2m | €2.8m | ▼ 46.6% |
| Intangible fixed assets21 | €0.02m | €0.02m | ▼ 30.4% |
| Tangible fixed assets22/27 | €2.7m | €2.7m | ▲ 2.9% |
| Land and buildings22 | €0.003m | €0.01m | ▲ 200% |
| Plant, machinery and equipment23 | €0.2m | €0.2m | ▼ 15.5% |
| Furniture and vehicles24 | €0.007m | €0.01m | ▲ 82.8% |
| Assets under construction and advance payments27 | €2.5m | €2.6m | ▲ 3.8% |
| Financial fixed assets28 | €2.5m | €111 | ▼ 100.0% |
| Current assets29/58 | €5.2m | €4.9m | ▼ 6.2% |
| Stocks and contracts in progress3 | €2.7m | €3.1m | ▲ 17.7% |
| Stocks30/36 | €2.7m | €3.1m | ▲ 17.7% |
| Amounts receivable within one year40/41 | €2.3m | €1.6m | ▼ 28.9% |
| Trade receivables40 | €2.2m | €1.6m | ▼ 29.0% |
| Other amounts receivable41 | €0.06m | €0.04m | ▼ 28.7% |
| Cash at bank and in hand54/58 | €0.3m | €0.1m | ▼ 51.2% |
| Deferred charges and accrued income490/1 | €0.002m | €0.002m | ▼ 8.4% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €10.3m | €7.6m | ▼ 26.3% |
| Equity10/15 | €6.0m | €4.2m | ▼ 29.4% |
| Contributions10/11 | €0.9m | €0.9m | = |
| Reserves13 | €3.1m | €2.6m | ▼ 15.0% |
| Non-distributable reserves130/1 | €0 | €0.03m | - |
| Reserves not available under the articles1311 | €0 | €0.03m | - |
| Tax-exempt reserves132 | €1.6m | €1.6m | = |
| Distributable reserves133 | €1.5m | €1.0m | ▼ 33.1% |
| Profit (loss) carried forward14 | €2.0m | €0.7m | ▼ 64.8% |
| Amounts payable17/49 | €4.3m | €3.4m | ▼ 22.0% |
| Amounts payable after more than one year17 | €1.7m | €1.4m | ▼ 16.0% |
| Financial debts170/4 | €1.7m | €1.4m | ▼ 16.0% |
| Amounts payable within one year42/48 | €2.6m | €1.9m | ▼ 26.0% |
| Current portion of amounts payable after more than one year42 | €0.3m | €0.3m | = |
| Financial debts43 | €0.6m | €0.3m | ▼ 49.3% |
| Credit institutions430/8 | €0.6m | €0.3m | ▼ 49.3% |
| Trade debts44 | €1.3m | €1.0m | ▼ 22.9% |
| Suppliers440/4 | €1.3m | €1.0m | ▼ 22.9% |
| Taxes, remuneration and social security45 | €0.5m | €0.4m | ▼ 20.2% |
| Taxes450/3 | €0.4m | €0.3m | ▼ 28.4% |
| Remuneration and social security454/9 | €0.08m | €0.09m | ▲ 22.7% |
| Other amounts payable47/48 | €0.002m | €0.002m | = |
| Accrued charges and deferred income492/3 | €193 | - | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €0.4m | €0.7m | ▲ 68.0% |
| + Depreciation and write-downs630 | €0.1m | €0.1m | ▲ 7.7% |
| Operating cash flow (approximation) | €0.5m | €0.8m | ▲ 53.9% |
| Investment in fixed assets (approximation) | - | €2.3m | - |
| Change in cash | - | -€0.1m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 14-07-2026 | 2026-00312514 |
| 31-12-2024 | full format | 05-08-2025 | 2025-00369986 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
1 ownerChain of control
- EJ BENELUX ACCESS SOLUTIONS
- IMCOMA
Highest known parent: EJ BENELUX ACCESS SOLUTIONS. The sources do not say who stands above it.
Owners 1
- 100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Group and network
Connections & network
12 connected companiesShow 8 more companies with a shared director
History
Acts, filings and financial milestones
17-06
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 19-05-2025
- Registered-office move, rue Marie Popelin n°1 à 7180 Seneffe
27-02
Gazette deed
Appointment: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES SRL (statutory auditor)2 facts ▸
- General meeting, 21-01-2025
- Auditor appointment, BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES SRL (statutory auditor)
03-02
Gazette deed
Amendment of the articles · Legal-form changeShareholding · Power of attorney · Auditor report29 facts ▸
- General meeting, 26-12-2024
- Other provision, “inschrijving rechtspersonenregister”, 1010.424.452 (deed in Dutch)
- Other provision, “voorzitter, opening vergadering en bureau” (deed in Dutch)
- Shareholding, 9576293
- Power of attorney, FANARD Bénédicté Dominique Marie (bijzondere lasthebber)
- Other provision, “verslag bestuursorgaan toelichting voorstel tot omzetting, staat van activa en passiva” (deed in Dutch)
- Auditor report, “inlichtingen en cijferanalyses,geringer dan controle, verslag commissaris staat van activa en passiva omzetting” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch) (2 times)
- Amendment of the articles (2 times)
- Other provision, “bevestiging samenstelling bestuursorgaan” (deed in Dutch)
- Other provision, “volmacht voor coördinatie van statuten” (deed in Dutch)
- Power of attorney (2 times)
- +17 further facts in this act
04-12
Gazette deed
Amendment of the articles · NamePower of attorney · Name change · Capital6 facts ▸
- Power of attorney
- Power of attorney, Olivier BROUWERS
- General meeting, 21-11-2024
- Name change, IMCOMA
- Amendment of the articles
- Capital, €883,198.03
05-11
Gazette deed
Appointment: Philippe Cavaillé (managing director)Registered-office move4 facts ▸
- Board meeting, 01-10-2024
- Registered-office move, Rue George Stephenson 25, 7180 Seneffe
- Director appointment, Philippe Cavaillé (managing director)
- Other provision, “gazette annex header, Annexes du Moniteur belge” (deed in Dutch)
04-10
Gazette deed
Appointment: Paul Bonnivert (day-to-day manager)2 facts ▸
- Board meeting, 01-07-2024
- Director appointment, Paul Bonnivert (day-to-day manager)
02-08
Gazette deed
Resignation: Bremhove NV (director)Permanent representative: Joris Ide · Appointments: Tracy Malpass, Philippe Cavaillé and 2 others · Shareholding11 facts ▸
- General meeting, 28-06-2024
- Shareholding, 9576293
- Other provision, “verklaringen enige aandeelhouder” (deed in French)
- Other provision, “agenda schriftelijke besluiten” (deed in French)
- Director resignation, Bremhove NV (director)
- Director discharge, Bremhove NV (director)
- Permanent representative, Joris Ide
- Director appointment, Tracy Malpass (director)
- Director appointment, Philippe Cavaillé (director)
- Director appointment, Jack Poindexter (director)
- Director appointment, Hugh M. Smith Jr (director)
02-07
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 18-06-2024
- Registered-office move, 9220 Hamme, Zwaarveld 32 (Région flamande)
02-07
Gazette deed
Amendment of the articlesRegistered-office move · Purpose change · Capital7 facts ▸
- General meeting, 18-06-2024
- Registered-office move, 9220 Hamme, Zwaarveld 32
- Amendment of the articles (2 times)
- Other provision, “verslag van het bestuursorgaan omtrent de voorgenomen wijziging van het voorwerp, kennisname” (deed in French)
- Purpose change
- Capital, €883,198.03
- Registered office clause, “9220 Hamme,Zwaarveld 32” (deed in French)
19-06
Gazette deed
IncorporationAppointment: BREMHOVE (director) · Permanent representative: Ide Joris · Demerger15 facts ▸
- Demerger, “éléments d'actifs et de passifs formant ensemble les branches d'activités”, 17-06-2024 (deed in French)
- Demerger, “éléments d'actifs et de passifs formant ensemble le branche d'activités”, 17-06-2024 (deed in French)
- Demerger, “éléments d'actifs”, 17-06-2024 (deed in French)
- Founder, BREMHOVE (actionnaire)
- Founder, B.S.I. BELGIUM (actionnaire)
- Founder, INVEST ZEDELGEM (actionnaire)
- Founding capital, €883,198.03
- Capital contribution
- Auditor report, “Oostakker(Gent), article 7:7 du Code des sociétés et des associations” (deed in French)
- Shareholding, “propositions de scissions partielles et assemblées générales extraordinaires des apporteuses B.S.I.,IMCOMA et HERMELOCK PETIT RECHAIN”, 1224896 (deed in French)
- Shareholding, “propositions de scissions partielles et assemblées générales extraordinaires des apporteuses B.S.I.,IMCOMA et HERMELOCK PETIT RECHAIN”, 1034526 (deed in French)
- Shareholding, “propositions de scissions partielles et assemblées générales extraordinaires des apporteuses B.S.I.,IMCOMA et HERMELOCK PETIT RECHAIN”, 7316871 (deed in French)
- +3 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 20 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the KBO register.
Rue Marie Popelin 17180 Seneffe1 establishment unit
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle roerende en industriële handelingen zoals de productie, distributie, import, aankoop en verkoop van industriële producten zoals…” (deed in Dutch)deed of 03-02-2025
3 activities (deed in Dutch)
- Alle roerende en industriële handelingen zoals de productie, distributie, import, aankoop en verkoop van industriële producten zoals gietijzeren gegoten onderdelen, stalen producten, composiet deksels, lineaire drainagesystemen, roosters, kunstofproducten (platen, folies, buizen, profielen en andere), isolatie- en bouwmaterialen, en alle soortgelijke producten;
- Alle onroerende handelingen en met name de verkoop, aankoop, ruil, bouw, herbouw, sloop, transformatie en verhuur van alle onroerende goederen en materialen;
- Activiteiten als logistiek en commercieel distributiecentrum;
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimiteddeed of 03-02-2025
- Name clauseThe name the company operates under according to its articles.
- IMCOMAdeed of 03-02-2025
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Waalse Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in…” (deed in Dutch)deed of 03-02-2025
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly, or a managing director alone“Vertegenwoordiging van de vennootschap: Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij ondertekend…”deed of 02-07-2024
Full text
Vertegenwoordiging van de vennootschap: Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij ondertekend worden door de enige bestuurder. Binnen de grenzen van het dagelijks bestuur wordt de vennootschap ook in en buiten rechte geldig vertegenwoordigd door de gedelegeerde of gedelegeerden voor dit bestuur die alleen handelen. Hij/zij moet(en) tegenover derden geen bewijs leveren van zijn/hun machten. De enige bestuurder mag bijzondere volmachten verlenen aan één of meer personen. De vennootschap wordt geldig vertegenwoordigd door deze bijzondere volmachtdragers binnen de grenzen van hun volmacht. De algemene vergadering kan een opvolger van de enige bestuurder benoemen. ALGEMENE VERGADERING De gewone algemene vergadering wordt jaarlijks gehouden op de laatste vrijdag van de maand juni, om 16.00 uur. Valt de hierboven bepaalde datum op een wettelijke feestdag dan wordt de algemene vergadering verschoven naar de eerstvolgende werkdag. De gewone, bijzondere en buitengewone algemene vergaderingen worden gehouden in de zetel van vennootschap of op elke andere plaats vermeld in de oproeping.
- Board ruleHow the board is made up, meets and takes decisions.
- “Aantal, duur van opdracht en, indien meerdere, bevoegdheid, één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet…” (deed in Dutch)“Alle handelingen nodig of dienstig tot verwezenlijking van voorwerp, behalve wet of statuten aan algemene vergadering voorbehouden, deel van…” (deed in Dutch)deed of 03-02-2025
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “9576293, égal répartition bénéfices et produits liquidation” (deed in French)deed of 03-02-2025
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deeddeed of 04-12-2024
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Comme en matière de modification aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Sauf si assemblée générale en décide autrement à majorité des voix, toutes opérations prévues par la loi” (deed in French)1 more provision on this in the deed