IMERBA
ActiveSummary
IMERBA has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€96,031. Equity has been shrinking by about 7.8% per year since 2022. The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 28-10-2021 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.323.817.716 2000 Antwerpen, since 28-10-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Board and ownership
- Baeyens Louis LeonDirector · since 28-10-2021
- Mertens Gabriella VirginiaDirector · since 28-10-2021
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- -€6,793
- ▲ 59.6%
- Loss
- €96,031
- ▼ 20.1%
- Equity
- €1.1m
- ▼ 8.3%
- Total assets
- €2.4m
- ▼ 2.4%
Score breakdownraises riskLiquidity: current ratio 0.01, cash €799Founded in 20211 of the last 3 accounts latelowers riskSize: total assets €2.4mShow the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 (no NACE code, small). It does better than 43% of them on solvency, 32% on liquidity, 5% on profitability and 19% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 4 accounts on average 18 days before the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-06-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2025 is a loss of €83,313, smaller than the loss of €105,991 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Securities and guarantees
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Mortgages, amount registered | €110,000 | - | - | - |
| Carrying value of the mortgaged assets | €2.5m | - | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €2.6m | €51,835 | €31,186 | €18,901 |
| Depreciation and write-downs of the year | €152,858 | €69,283 | €72,809 | €75,317 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €152,858 | €69,283 | €72,809 | €75,317 | ▲ 3.4% |
| Other operating charges640/8 | €7,396 | €15,745 | €16,363 | €1,203 | ▼ 92.6% |
| Gross operating margin9900 | €15,913 | €36,937 | -€16,819 | -€6,793 | ▲ 59.6% |
| Operating profit (loss)9901 | -€144,341 | -€48,091 | -€105,991 | -€83,313 | ▲ 21.4% |
| Financial income75/76B | €0 | €21 | €18 | €797 | ▲ 45× |
| Recurring financial income75 | €0 | €21 | €18 | €797 | ▲ 45× |
| Financial charges65/66B | €14,395 | €14,974 | €14,158 | €13,516 | ▼ 4.5% |
| Recurring financial charges65 | €14,395 | €14,974 | €14,158 | €13,516 | ▼ 4.5% |
| Profit (loss) for the period before taxes9903 | -€158,736 | -€63,043 | -€120,132 | -€96,031 | ▲ 20.1% |
| Profit (loss) for the period9904 | -€158,736 | -€63,043 | -€120,132 | -€96,031 | ▲ 20.1% |
| Profit (loss) for the period to be appropriated9905 | -€158,736 | -€63,043 | -€120,132 | -€96,031 | ▲ 20.1% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €2.5m | €2.5m | €2.4m | €2.4m | ▼ 2.4% |
| Fixed assets21/28 | €2.5m | €2.5m | €2.4m | €2.4m | ▼ 2.3% |
| Tangible fixed assets22/27 | €2.5m | €2.5m | €2.4m | €2.4m | ▼ 2.3% |
| Land and buildings22 | €2.5m | €2.5m | €2.4m | €2.4m | ▼ 2.3% |
| Current assets29/58 | €0.01m | €0.006m | €0.005m | €0.005m | ▼ 12.4% |
| Amounts receivable within one year40/41 | - | - | - | €43 | - |
| Trade receivables40 | - | - | - | €43 | - |
| Cash at bank and in hand54/58 | €0.01m | €0.002m | €0.002m | €0.001m | ▼ 47.4% |
| Deferred charges and accrued income490/1 | €0.004m | €0.004m | €0.004m | €0.004m | ▲ 0.9% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €2.5m | €2.5m | €2.4m | €2.4m | ▼ 2.4% |
| Equity10/15 | €1.3m | €1.3m | €1.2m | €1.1m | ▼ 8.3% |
| Contributions10/11 | €1.5m | €1.5m | €1.5m | €1.5m | = |
| Profit (loss) carried forward14 | -€0.2m | -€0.2m | -€0.3m | -€0.4m | ▼ 28.1% |
| Amounts payable17/49 | €1.1m | €1.2m | €1.3m | €1.3m | ▲ 3.1% |
| Amounts payable after more than one year17 | €0.9m | €0.9m | €0.9m | €0.8m | ▼ 5.2% |
| Financial debts170/4 | €0.9m | €0.9m | €0.9m | €0.8m | ▼ 5.2% |
| Amounts payable within one year42/48 | €0.2m | €0.3m | €0.4m | €0.5m | ▲ 21.2% |
| Current portion of amounts payable after more than one year42 | €0.04m | €0.04m | €0.04m | €0.04m | ▲ 1.5% |
| Trade debts44 | €29 | €0.004m | €0.002m | €0 | ▼ 100% |
| Suppliers440/4 | €29 | €0.004m | €0.002m | €0 | ▼ 100% |
| Other amounts payable47/48 | €0.1m | €0.2m | €0.3m | €0.4m | ▲ 24.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€158,736 | -€63,043 | -€120,132 | -€96,031 | ▲ 20.1% |
| + Depreciation and write-downs630 | €152,858 | €69,283 | €72,809 | €75,317 | ▲ 3.4% |
| Operating cash flow (approximation) | -€5,878 | €6,240 | -€47,323 | -€20,715 | ▲ 56.2% |
| Investment in fixed assets (approximation) | - | -€51,835 | -€31,186 | -€18,901 | ▲ 39.4% |
| Change in cash | - | -€7,841 | -€186 | -€721 | ▼ 287% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 929 companies had the same profile as IMERBA has now. Two years later, 92.8% were still going and 1.7% had gone bankrupt.
- Small
- 5 to 10 years old
- solvency 30% or more
- a small loss
That fits the bankruptcy probability of IMERBA itself: 1.1% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 929 companies, not a prediction for IMERBA. 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.
Board & ownership
Directors
Owners and capital
Capital transactions
- 17-01-2022 Capital increase of €1,500,000 · to €1,501,000 · in kind
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| Baeyens Louis Leon |
|
| Mertens Gabriella Virginia |
|
Network & group
IMERBA shares no director with another company.
Companies at the same address
1 other companyConnections & network
2 current directorsThe network starts from the directors of IMERBA. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
17-01
Gazette deed
Capital increase of €1,500,000 to €1,501,000Real estate · Auditor report7 points ▸
- General meeting, “buitengewone algemene vergadering” (deed in Dutch)
- Capital increase, €1,500,000
- Share issue, 150000, “toekenning als vergoeding voor inbreng” (deed in Dutch)
- Real estate, “BLOK B COMMERCIELE EENHEID FRANKRIJKLEI, Antwerpen” (deed in Dutch)
- Auditor report, “Gent, inbreng in natura in Besloten Vennootschap Imerba” (deed in Dutch)
- Other provision, “vrijstelling voorlezing verslagen inbreng in natura” (deed in Dutch)
- Other provision, “aanvaarding verslagen inbreng in natura, geen opmerking” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11803C0372/00Y003 | Flanders | 200 m² | 1 · 200 m² | 15.5 m · 3 |