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IMLAB

Active
Private limited companyfounded 199927 yrs activeButschovestraat 41, 3384 Glabbeek, BelgiumKBO/BCE: BE 0466.721.339

IMLAB has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €565k and a net result of €56k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 84% of 10206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
94 / 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability49▲+28
Solvency100▲+4
Growth52=
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 2.3 against 1.83 in 2024), and 26.3% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
73.7%
Return on assets
7.3%
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
7 d early
2023
37 d early
2022
12 d early
2021
31 d late
2020
12 d early
2019
4 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 months
Position in the running window
12-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€565k▲ 7.8%
2024 · €525k
2018: €226k 2019: €283k 2020: €303k 2021: €356k 2022: €446k 2023: €502k 2024: €525k
2018 → 2025
Total assets
€767k▼ 1.4%
2024 · €778k
2018: €483k 2019: €535k 2020: €499k 2021: €572k 2022: €760k 2023: €806k 2024: €778k
2018 → 2025
Net result
€56k▲ 151%
2024 · €22k
2018: €67k 2019: €56k 2020: €30k 2021: €55k 2022: €91k 2023: €59k 2024: €22k
2018 → 2025
Working capital
€236k▲ 12.6%
2024 · €210k
2018: €-227 2019: €-21k 2020: €9k 2021: €66k 2022: €137k 2023: €202k 2024: €210k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€356k-€446k▲ 25.2%€502k▲ 12.7%€525k▲ 4.4%€565k▲ 7.8%
Operating result€66k-€127k▲ 92.9%€86k▼ 32.1%€40k▼ 53.2%€82k▲ 105%
Net result€55k-€91k▲ 66.5%€59k▼ 35.6%€22k▼ 62.2%€56k▲ 151%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100k€150kOperating result 2021: €66k€66kNet result 2021: €55k€55kOperating result 2022: €127k€127kNet result 2022: €91k€91kOperating result 2023: €86k€86kNet result 2023: €59k€59kOperating result 2024: €40k€40kNet result 2024: €22k€22kOperating result 2025: €82k€82kNet result 2025: €56k€56k20212022202320242025
The operating result recovers in 2025; 2025 is 105% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €767k
Fixed assets €349k▲ 10.7%
Current assets €418k▼ 9.6%
Equity and liabilities €767k
Equity €565k▲ 7.8%
Debt €202k▼ 20.4%
The debt ratio falls from 32.6% to 26.3%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€115k
2024 · €72k
Cash flow
€88k
2024 · €54k
Solvency
73.7%
2024 · 67.4%
Current ratio
2.30
2024 · 1.83
Quick ratio
1.85
2024 · 1.46
Debt / equity
0.36
2024 · 0.48
ROE
9.9%
2024 · 4.2%
ROA
7.3%
2024 · 2.9%
Interest coverage
18.81
2024 · 12.34
Debt
€202k
2024 · €254k
Debt ≤ 1 year
€182k
2024 · €253k
Income taxes
€21k
2024 · €13k
Staff costs
€78k
2024 · €80k
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€778k€767k
Fixed assets21/28€315k€349k
Intangible fixed assets21€67k€47k
Tangible fixed assets22/27€22k€76k
Plant, machinery and equipment23€8k€15k
Furniture and vehicles24€7k€4k
Other tangible fixed assets26€7k€6k
Assets under construction and advance payments27-€50k
Financial fixed assets28€226k€226k=
Current assets29/58€463k€418k
Stocks and contracts in progress3€94k€81k
Stocks30/36€94k€81k
Amounts receivable within one year40/41€196k€212k
Trade receivables40€193k€208k
Other amounts receivable41€3k€4k
Cash at bank and in hand54/58€164k€110k
Deferred charges and accrued income490/1€9k€15k
Equity and liabilities
Total equity and liabilities10/49€778k€767k
Equity10/15€525k€565k
Contributions10/11€7k€7k=
Reserves13€518k€558k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€516k€556k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€254k€202k
Amounts payable within one year42/48€253k€182k
Current portion of amounts payable after more than one year42€0-
Trade debts44€138k€84k
Suppliers440/4€138k€84k
Taxes, remuneration and social security45€35k€32k
Taxes450/3€19k€24k
Remuneration and social security454/9€17k€8k
Other amounts payable47/48€80k€65k
Accrued charges and deferred income492/3€606€20k
Income statement Code20242025
Remuneration, social security and pensions62€80k€78k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€33k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-90€1k
Other operating charges640/8€1k€3k
Non-recurring operating charges66A€66€0
Gross operating margin9900€153k€197k
Operating profit (loss)9901€40k€82k
Financial income75/76B€629€914
Recurring financial income75€629€914
Financial charges65/66B€6k€6k
Recurring financial charges65€6k€6k
Profit (loss) for the period before taxes9903€35k€77k
Income taxes67/77€13k€21k
Profit (loss) for the period9904€22k€56k
Profit (loss) for the period to be appropriated9905€22k€56k
Appropriation of the result
Profit (loss) to be appropriated9906€22k€56k
Transfer from equity791/2-€15k
Transfer to equity691/2€22k€56k
To other reserves6921€22k€56k
Profit to be distributed694/7€0€15k
Return on contributions (dividend)694-€15k
Employees696€0-
Social balance
Average headcount (FTE)90871.21.2=

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €22k ▼62.2%
Net result drops to €22k, the lowest in the series; recovery starts the following year.
24-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Equity above €500kEq €502k ▲12.7%
6 profitable years in a row build equity to €502k.
19-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €91k ▲66.5%
Operating result €127k, net result €91k, both a record.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
19-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
10-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
07-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 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, Glabbeek · 1 establishment unit since 1999
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.

Butschovestraat 413384 Glabbeek
Ground area
3,310 m²
Building footprint
425 m²
Volume, LiDAR
2,846 m³
2 parcels, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Oude Vijvers 1, 3370 Boutersem
NACE 52498
since 19992.092.876.651
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24004A0390/00F000 Flanders 2,068 m² 1 · 211 m² 8.8 m · 2 fl.
24016B0075/00C000 Flanders 1,242 m² 1 · 214 m² 11.1 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 1,895 companies in sector 46460 we hold annual accounts for 1,114. 780 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded23-08-1999
Fiscal year end31-12
Activities, NACEBEL
46460Wholesale of pharmaceutical and medical goods
47740Retail trade
47741Retail sale of medical and orthopaedic goods, excluding prescription glasses and lenses
52320
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.