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Imcotec

Active Private limited companyfounded 2024active for 2 yearsBosrand 21, 3550 Heusden-ZolderKBO/BCE: BE 1009.911.639

Lifetime

1 annual account with figures
peak €125,628 (2025)
€125,628 
peak €53,111 (2025)
€53,111 
peak €56,611 (2025)
€56,611 
€70,921 
Board1 name since 2024
Documentsfilings and deeds
08-04-202622 days before the deadline
2025micro format
First year with figures

Key points

from the 2025 annual accounts

Turnover

≈ €370,000 estimated

The micro format states no turnover.

Position in the sector

€53,111

Higher net result than 87% of companies in specialised construction. Sector median €10,184 · 35,124 companies.

Checked score

68
Healthy
Financially stronger than 68% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 06-2025: 1.9% 07-2025: 1.9%● unchanged vs 06-2025 08-2025: 1.9%● unchanged vs 07-2025 09-2025: 2.3%▲ +0.4 percentage points vs 08-2025 10-2025: 2.4%▲ +0.1 percentage points vs 09-2025 11-2025: 2.7%▲ +0.3 percentage points vs 10-2025 12-2025: 2.7%● unchanged vs 11-2025 01-2026: 3.0%▲ +0.3 percentage points vs 12-2025 02-2026: 3.0%● unchanged vs 01-2026 03-2026: 2.9%▼ -0.1 percentage points vs 02-2026 04-2026: 3.0%▲ +0.1 percentage points vs 03-2026 05-2026: 3.3%▲ +0.3 percentage points vs 04-2026 06-2026: 3.3%● unchanged vs 05-2026highest value 07-2026: 3.3%● unchanged vs 06-2026highest value 08-2026: 3.3%● unchanged vs 07-2026highest value 09-2026: 3.3%● unchanged vs 08-2026highest value 10-2026: 1.0%▼ -2.3 percentage points vs 09-2026lowest value 11-2026: 1.0%● unchanged vs 10-2026lowest value

Financial strength
Strong

69equity 44.4% of total assets
66short-term debt 21.8% · cash 18.6%
100return on assets 41.6%

Score breakdown

raises risk
Founded in 2024
Size: total assets €127,532
lowers risk
Liquidity: current ratio 2.91, cash €23,693
Equity €56,611 (44.4% of total assets)
Calculation

The band follows from the bankruptcy probability. 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 43, micro). It does better than 48% of them on solvency, 64% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 10-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-09-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as Imcotec has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of Imcotec itself: 1.0% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for Imcotec. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €3,500 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 2.91, above the usual 1.5. Short-term debt is 21.8% and cash 18.6% of total assets. However, 55.6% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2024
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: total assets €127,532
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 2.91, cash €23,693
NBB · annual accounts
lowers risk · Equity €56,611 (44.4% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 08-04-2026, 22 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
22 days early
← before the deadline after the deadline →
Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2024.
KBO publications

Board and ownership

IB
Director, since 31-05-2024
  • IMPENS Bruno Albert Palmyre 350 sharesdeed of 04-06-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:1009911639
Incorporation Founding capital of €3,500, 350 shares · Founder: IMPENS Bruno Albert Palmyre · Appointment: IMPENS Bruno Albert Palmyre (director) · published on 04-06-2024 · Gazette deed
First establishment Bosrand 21, Heusden-Zolder
All 4 events

Comparable companies

same main activity, similar in size and age
Company
Imcotec Heusden-Zolder €127,532 €125,628 44.4% -
STEVEN STERKE TECHNIEKEN Genk €139,098 €130,841 64.5% -
Kovert Group Dilsen-Stokkem €109,948 €117,427 82.8% -
Souverijns Technics Bilzen-Hoeselt €152,040 €141,013 66.3% -
HELI FIBRES Quiévrain €123,115 €127,307 56.0% -
SHAMTECH Kuurne €133,779 €123,683 76.4% -
MASREK Antwerp €129,777 €114,667 30.9% -

These companies have the same main activity as Imcotec: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €110,000 and €152,000, founded in 2024.

Official details

Source: KBO
Status
Active since 31-05-2024Normal situation
Activity
General electrical installation workNACE 43211and 5 others
Establishment unit
2.360.447.9833550 Heusden-Zolder, since 31-05-2024
Financial year end
30 September
Peppol
Reachable since 27-06-2025
Company details

Annual accounts to 30-09-2025

€127,532
Filing
Filed on 08-04-2026, 22 days before the end of the filing period
Financials

Insights on Imcotec

Imcotec has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,611 and a net result of €53,111.

Its solvency ranks better than 47% of 35,136 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Imcotec

What is the company number of Imcotec?
The company number of Imcotec is 1009.911.639. The VAT number is the same number with BE in front: BE 1009.911.639.
Where is Imcotec based?
The registered office is at Bosrand 21, 3550 Heusden-Zolder.Company details
What does Imcotec do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of Imcotec?
Imcotec is a private limited company (BV).
When was Imcotec founded?
Imcotec was founded on 31-05-2024.
Is Imcotec still active?
Yes, Imcotec is an active enterprise in the KBO register.
How many employees does Imcotec have?
Imcotec had an average of 0.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Imcotec?
The turnover in financial year 2025 is ≈ €370,000. This figure is estimated from the gross margin of €125,628 and 38 comparable companies (NACE 43211). It probably lies between €250,000 and €460,000.
Is Imcotec profitable?
In financial year 2025, Imcotec made a profit of €53,111.
Where can I find the annual accounts of Imcotec?
Imcotec filed 1 annual account with the National Bank of Belgium, for financial year 2025.

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