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Imcotec

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

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 34,040 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Financials · financial year 2025, micro format

Equity
€56,611
Total assets
€127,532
Net result
€53,111
Working capital
€53,255

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €127,532
Fixed assets €46,456
Current assets €81,076
Equity and liabilities €127,532
Equity €56,611
Debt €70,921
Debt finances 55.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€78,172
Cash flow
€58,986
Current ratio
2.91
Debt to equity
1.25
ROE
93.8%
ROA
41.6%
Interest coverage
over 100
Debt ≤ 1 year
€27,821
Debt > 1 year
€43,100
Income taxes
€19,026
Staff costs
€46,603

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 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% 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 39,278 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€127,532
Fixed assets21/28€46,456
Tangible fixed assets22/27€46,456
Furniture and vehicles24€46,456
Current assets29/58€81,076
Amounts receivable within one year40/41€56,836
Trade receivables40€52,273
Other amounts receivable41€4,563
Cash at bank and in hand54/58€23,693
Deferred charges and accrued income490/1€547
Equity and liabilities
Total equity and liabilities10/49€127,532
Equity10/15€56,611
Contributions10/11€3,500
Reserves13€53,111
Distributable reserves133€53,111
Amounts payable17/49€70,921
Amounts payable after more than one year17€43,100
Other amounts payable178/9€43,100
Amounts payable within one year42/48€27,821
Trade debts44€7,492
Suppliers440/4€7,492
Taxes, remuneration and social security45€20,329
Taxes450/3€19,026
Remuneration and social security454/9€1,303
Income statement Code2025
Remuneration, social security and pensions62€46,603
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,876
Other operating charges640/8€853
Gross operating margin9900€125,628
Operating profit (loss)9901€72,297
Financial income75/76B€405
Recurring financial income75€405
Financial charges65/66B€564
Recurring financial charges65€564
Profit (loss) for the period before taxes9903€72,137
Income taxes67/77€19,026
Profit (loss) for the period9904€53,111
Profit (loss) for the period to be appropriated9905€53,111
Appropriation of the result
Profit (loss) to be appropriated9906€53,111
Transfer to equity691/2€53,111
To other reserves6921€53,111

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€46,603
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,876
Other operating charges640/8€853
Gross operating margin9900€125,628
Operating profit (loss)9901€72,297
Financial income75/76B€405
Recurring financial income75€405
Financial charges65/66B€564
Recurring financial charges65€564
Profit (loss) for the period before taxes9903€72,137
Income taxes67/77€19,026
Profit (loss) for the period9904€53,111
Profit (loss) for the period to be appropriated9905€53,111
Line2025
Assets
Total assets20/58€127,532
Fixed assets21/28€46,456
Tangible fixed assets22/27€46,456
Furniture and vehicles24€46,456
Current assets29/58€81,076
Amounts receivable within one year40/41€56,836
Trade receivables40€52,273
Other amounts receivable41€4,563
Cash at bank and in hand54/58€23,693
Deferred charges and accrued income490/1€547
Equity and liabilities
Total equity and liabilities10/49€127,532
Equity10/15€56,611
Contributions10/11€3,500
Reserves13€53,111
Distributable reserves133€53,111
Amounts payable17/49€70,921
Amounts payable after more than one year17€43,100
Other amounts payable178/9€43,100
Amounts payable within one year42/48€27,821
Trade debts44€7,492
Suppliers440/4€7,492
Taxes, remuneration and social security45€20,329
Taxes450/3€19,026
Remuneration and social security454/9€1,303
Line2025
Profit (loss) for the period9904€53,111
+ Depreciation and write-downs630€5,876
Operating cash flow (approximation)€58,986

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Similar companies · same sector, comparable size

Of the 22,585 companies in this sector, figures are known for 10,445. 8,749 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.