Financials
- Financial year
- 2025
- Total assets
- €1,575
- Loss
- -€3,113
- Solvency
- -11993.7%
Total assets=
Net result
20182025
IMG BELGIUM
ActiveSummary
IMG BELGIUM has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€188,952) and a net result of -€3,113. Equity remains stable across the filed financial years (±2% per year). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
“Het leveren of aanbieden tegen vergoeding aan het publiek van diensten van vermogensbeheer en/of…” (deed in Dutch)
From the articles, 2 activitiesNo NACE code in the KBO yet1 site
Size
€1,575total assets 2025
- Equity
- -€188,952
- Loss
- -€3,113
Turnover not published (abbreviated or micro format)
Structure
- FICONADirector · permanent representative Raymond Daelemans
Accounts filed 28 days late1 of 3 deeds read
Why 53raises riskCapped at 59: negative equityLoss of €3,113, the second in a row (financial year 2025)Negative equity -€188,952lowers riskSize: total assets €1,575Founded in 1992Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 16% of its sector peers (no NACE code, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -11993.7% of total assets
Liquidity
30=
short-term debt 12093.7% · cash 23.7%
Profitability
0=
return on assets -197.6%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 2.4%
12-2024: 3.3%▲ +0.9 percentage points vs 11-2024
01-2025: 5.7%▲ +2.4 percentage points vs 12-2024highest value
02-2025: 5.7%● unchanged vs 01-2025highest value
03-2025: 5.4%▼ -0.3 percentage points vs 02-2025
04-2025: 5.2%▼ -0.2 percentage points vs 03-2025
05-2025: 5.0%▼ -0.2 percentage points vs 04-2025
06-2025: 2.3%▼ -2.7 percentage points vs 05-2025
07-2025: 2.5%▲ +0.2 percentage points vs 06-2025
08-2025: 0.7%▼ -1.8 percentage points vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026lowest value
04-2026: 0.7%● unchanged vs 03-2026lowest value
05-2026: 0.7%● unchanged vs 04-2026lowest value
06-2026: 0.7%● unchanged vs 05-2026
07-2026: 0.9%▲ +0.2 percentage points vs 06-2026
08-2026: 1.1%▲ +0.2 percentage points vs 07-2026
09-2026: 1.0%▼ -0.1 percentage points vs 08-2026
10-2026: 1.0%● unchanged vs 09-2026
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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 (no NACE code, micro): better than 5% on solvency, 16% on liquidity, 4% on profitability and 39% on growth.
The bankruptcy probability was computed on 13-10-2026 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
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€188,952
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
on the day
2023
301 days late
2022
on the day
2021
95 days late
2020
20 days late
2019
145 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 84 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 filed years within 67 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
14-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Resignation: N.V. FICONA S.A. (director)Permanent representative: Raymond Daelemans ·…
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 1 member
- FICONADirector
Timeline
- Events
- 34
- Since
- 1994
- Next accounts
- by 31-07-2027
- 28-05-2025Annual accounts filed
- 31-07-2023Annual accounts filed
- 03-11-2022Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Founded
- 26-11-1992
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Articles of association
- Provisions read
- 20
- Annual meeting
- Third Monday of May at 14:00
- Purpose
- “Het leveren of aanbieden tegen vergoeding aan het publiek van diensten van vermogensbeheer…” (deed in Dutch)
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