IMFACO
ActiveIMFACO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.02M and a net result of €255k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 94% of 4827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent▲ +2 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity ample (current ratio 10.39 against 3.32 in 2024), and 8.9% of the assets are financed with debt.
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
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.1%
Return on assets
11.5%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
9 d early
2023
33 d early
2022
11 d early
2021
3 d early
2020
12 d late
2019
2 d early
← before the deadline
after the deadline →
neutral · 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 monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€255k▲ 15.0%
2024 · €222k
2018: €93k
2019: €112k
2020: €229k
2021: €268k
2022: €37k
2023: €173k
2024: €222k
2018 → 2025
Working capital
€1.84M▲ 17.6%
2024 · €1.57M
2018: €1.25M
2019: €1.37M
2020: €1.57M
2021: €1.85M
2022: €1.87M
2023: €2.06M
2024: €1.57M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.05M-€2.09M▲ 1.8%€2.26M▲ 8.3%€1.76M▼ 22.0%€2.02M▲ 14.5%
Operating result€359k-€132k▼ 63.2%€183k▲ 38.8%€281k▲ 53.6%€400k▲ 42.2%
Net result€268k-€37k▼ 86.4%€173k▲ 374%€222k▲ 28.1%€255k▲ 15.0%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 42% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.22M
Fixed assets
€176k▼ 10.6%
Current assets
€2.04M▼ 9.1%
Equity and liabilities €2.22M
Equity
€2.02M▲ 14.5%
Debt
€196k▼ 71.0%
The debt ratio falls from 27.7% to 8.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€436k▲
2024 · €314k
Cash flow
€291k▲
2024 · €254k
Solvency
91.1%▲
2024 · 72.3%
Current ratio
10.39▲
2024 · 3.32
Quick ratio
6.79▲
2024 · 1.97
Debt / equity
0.10▼
2024 · 0.38
ROE
12.6%▲
2024 · 12.6%
ROA
11.5%▲
2024 · 9.1%
Interest coverage
12.95▲
2024 · 7.60
Debt
€196k▼
2024 · €676k
Debt ≤ 1 year
€196k▼
2024 · €676k
Income taxes
€123k▲
2024 · €107k
Staff costs
€82k▲
2024 · €55k
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
Assets
Total assets20/58€2.44M€2.22M▼
Fixed assets21/28€197k€176k▼
Tangible fixed assets22/27€195k€174k▼
Land and buildings22€154k€129k▼
Furniture and vehicles24€41k€45k▲
Financial fixed assets28€2k€2k=
Current assets29/58€2.24M€2.04M▼
Stocks and contracts in progress3€909k€707k▼
Stocks30/36€909k€707k▼
Amounts receivable within one year40/41€480k€268k▼
Trade receivables40€404k€253k▼
Other amounts receivable41€76k€16k▼
Current investments50/53€543k€543k=
Cash at bank and in hand54/58€302k€522k▲
Deferred charges and accrued income490/1€11k€0▼
Equity and liabilities
Total equity and liabilities10/49€2.44M€2.22M▼
Equity10/15€1.76M€2.02M▲
Contributions10/11€63k€63k=
Capital10€63k€63k=
Issued capital100€63k€63k=
Reserves13€1.70M€1.96M▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€1.70M€1.95M▲
Amounts payable17/49€676k€196k▼
Amounts payable within one year42/48€676k€196k▼
Current portion of amounts payable after more than one year42€0-
Financial debts43€51k€19k▼
Credit institutions430/8€51k€19k▼
Trade debts44€546k€76k▼
Suppliers440/4€546k€76k▼
Taxes, remuneration and social security45€68k€90k▲
Taxes450/3€60k€81k▲
Remuneration and social security454/9€8k€9k▲
Other amounts payable47/48€11k€12k▲
Income statement
Code20242025
Remuneration, social security and pensions62€55k€82k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€36k▲
Other operating charges640/8€13k€18k▲
Gross operating margin9900€382k€536k▲
Operating profit (loss)9901€281k€400k▲
Financial income75/76B€89k€12k▼
Recurring financial income75€89k€12k▼
Financial charges65/66B€41k€34k▼
Recurring financial charges65€41k€34k▼
Profit (loss) for the period before taxes9903€329k€379k▲
Income taxes67/77€107k€123k▲
Profit (loss) for the period9904€222k€255k▲
Profit (loss) for the period to be appropriated9905€222k€255k▲
Appropriation of the result
Profit (loss) to be appropriated9906€222k€255k▲
Transfer to equity691/2€222k€255k▲
To other reserves6921€222k€255k▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity triplescurrent ratio 10.39
Current ratio from 3.32 to 10.39; short-term debt falls from €676k to €196k.
31-12
Financial
Equity above €2MEq €2.02M ▲14.5%
8 profitable years in a row build equity to €2.02M.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €37k ▼86.4%
Net result drops to €37k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €268k ▲16.9%
Net result €268k, the highest in the series.
31-12
Financial
Equity above €2MEq €2.05M ▲15%
4 profitable years in a row build equity to €2.05M.
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 1990
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.
Kachtemsestraat 1118870 IzegemGround area
4,783 m²
Building footprint
2,920 m²
Volume, LiDAR
17,965 m³
Parcel 36009A0406/00F002, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMFACO NV
since 19902.050.622.164
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36009A0406/00F002 | Flanders | 4,783 m² | 1 · 2,920 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,202 EUR awarded · 2,202 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,202 EUR | 2,202 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Recognitions · licences · registrations
Legal Entity Identifier
6994000J2WQ1R2N7K054
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Of 673 companies in sector 46494 we hold annual accounts for 527. 321 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-12-1990
Fiscal year end31-12
Activities, NACEBEL
46494Wholesale of non-electrical household articles
51471
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.