Active BE 0440.997.335Private limited company

IMLES

Zwevegemstraat(O) 124 ·8553 Zwevegem, Belgium· 36 yrs active

Sector: Renting and operating of own or leased residential real estate, excluding social housing (68201)

Conclusion Checked

IMLES has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.28M and a net result of €160k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 93% of 8920 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€1.28M
Net result	€160k
Better than sector	93%
Active	36 yrs

Financial profile 5 of 5 axes measured · computed by Checked

88 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 63

Solvency 100

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.2% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1990, 36 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

100 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€130k

estimate, not credit advice

Score history

93 2021

100 2022

86 2023

100 2024

100 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 18.04 (≥ 1.5) +10

Quick ratio Quick ratio 18.04 (≥ 1.0) +5

Leverage Debt/equity 0.06 (< 1.0) +10

Profitability ROE 13% (≥ 10%) +10

Interest coverage Interest coverage 298.7× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview36 NBB filings

Annual accounts filed on 16-06-2026 with the NBB · fiscal year 2025 · abbreviated schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~11%/year over 5 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	94.2%	31.5%	better than 93% of 8920 sector peers
Net result	€160k	€11k	better than 83% of 8916 sector peers
Equity	€1.28M	€330k	better than 76% of 8924 sector peers
Gross operating margin	€263k	€93k	better than 72% of 8903 sector peers
Employees (FTE)	0.0	0.0	better than 28% of 2696 sector peers

EBITDA

€224k

+15.4% 21-25

Net profit

€160k

+8.2% 21-25

Cash flow

€174k

+5.1% 21-25

Total assets

€1.35M

+9.8% 21-25

Equity

€1.28M

+14.3% 21-25

Working capital

€887k

+18.5% 21-25

Employees (FTE)

0

- 21-25

Income taxes

€49k

-0.3% 21-25

Debt

€79k

-33.1% 21-25

Debt ≤ 1y

€52k

-5.9% 21-25

Debt > 1y

€27k

-57.1% 21-25

Current ratio

18.04

+24.1% 21-25

Quick ratio

18.04

+24.1% 21-25

Solvency

94.2%

+4.1% 21-25

Debt / equity

0.06

-41.5% 21-25

ROE

12.5%

-5.4% 21-25

ROA

11.8%

-1.5% 21-25

Interest coverage

298.67

+42.6% 21-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022	2021
Deposit	abbreviated schema	abbreviated schema	abbreviated schema	abbreviated schema	abbreviated schema
Revenue	-	-	-	-	-
EBITDA	€224k	€194k	€41k	€184k	€172k
Net profit	€160k	€148k	€7k	€119k	€99k
Cash flow	€174k	€166k	€38k	€143k	€138k
Staff costs	-	-	-	-	-
Income taxes	€49k	€50k	€5k	€40k	€33k
Dividends	-	-	-	-	-
Total assets	€1.35M	€1.23M	€1.10M	€1.18M	€1.09M
Equity	€1.28M	€1.12M	€967k	€961k	€842k
Debt	€79k	€118k	€136k	€217k	€244k
of which ≤ 1y	€52k	€55k	€38k	€83k	€73k
of which > 1y	€27k	€63k	€98k	€134k	€170k
Working capital	€887k	€749k	€619k	€462k	€356k
Employees (FTE)	0.0	0.0	0.0	-	-

Ratios (computed)

	2025	2024	2023	2022	2021
Current ratio	18.04	14.54	17.32	6.58	5.86
Quick ratio	18.04	14.54	17.32	6.58	5.86
Working capital ratio	65.5%	60.7%	56.1%	39.2%	32.8%
Solvency	94.2%	90.4%	87.7%	81.6%	77.5%
Debt / equity	0.06	0.11	0.14	0.23	0.29
Long-term debt ratio	0.02	0.06	0.10	0.14	0.20
Interest coverage	298.67	209.48	34.67	132.41	105.14
Gross margin	-	-	-	-	-
Net margin	-	-	-	-	-
ROA	11.8%	12.0%	0.6%	10.1%	9.1%
ROE	12.5%	13.3%	0.7%	12.4%	11.8%
EBITDA margin	-	-	-	-	-
Days sales outstanding	-	-	-	-	-
Days payable outstanding	-	-	-	-	-
Inventory turnover	-	-	-	-	-
Days inventory (DSI)	-	-	-	-	-

Balance-sheet composition 2025

Assets

Fixed assets €415k · 30.6% Current assets €939k · 69.4%

Equity & liabilities

Equity €1.28M · 94.2% Debt €79k · 5.8%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.35M	€1.23M	€1.10M	€1.18M	€1.09M
Fixed assets	21/28	€415k	€429k	€447k	€633k	€657k
Tangible fixed assets	22/27	€415k	€429k	€447k	€633k	€657k
Current assets	29/58	€939k	€804k	€657k	€544k	€429k
Amounts receivable within one year	40/41	€540k	€519k	€46k	€46k	€44k
Investments	50/53	-	€0	€590k	-	-
Cash & bank	54/58	€400k	€284k	€21k	€498k	€384k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.35M	€1.23M	€1.10M	€1.18M	€1.09M
Equity	10/15	€1.28M	€1.12M	€967k	€961k	€842k
Contributions / capital	10/11	€140k	€140k	€140k	€140k	€140k
Reserves	13	€1.14M	€976k	€828k	€226k	€226k
Accumulated profits (losses)	14	-	-	€0	€595k	€477k
Amounts payable	17/49	€79k	€118k	€136k	€217k	€244k
Amounts payable after one year	17	€27k	€63k	€98k	€134k	€170k
Amounts payable within one year	42/48	€52k	€55k	€38k	€83k	€73k
Trade debts payable within one year	44	€0	€3k	€2k	€33k	€32k
Income statement
Gross operating margin	9900	€263k	€233k	€233k	€221k	€205k
Operating result	9901	€210k	€176k	€10k	€160k	€134k
Financial income	75	€14	€22k	€3k	-	-
Financial charges	65	€751	€927	€1k	€1k	€2k
Result before taxes	9903	€209k	€197k	€12k	€159k	€132k
Income taxes	67/77	€49k	€50k	€5k	€40k	€33k
Net result for the period	9904	€160k	€148k	€7k	€119k	€99k
Result to be appropriated	9905	€160k	€148k	€7k	€119k	€99k

Directors & mandates 2 directors

Current directors & mandates

Bart LESAGE
Director
State Gazette act 23486163 (28-12-2023)

Current
28-12-2023 → present
2 events
- 28-12-2023 Resigned· Manager
- 28-12-2023 Appointed· Director
Martine DUMORTIER
Director
State Gazette act 23486163 (28-12-2023)

Current
28-12-2023 → present
2 events
- 28-12-2023 Resigned· Manager
- 28-12-2023 Appointed· Director

Legal Structure

NACE primary	Renting and operating of own or leased residential real estate, excluding social housing(68201)
Legal form	Private limited company(610)
Incorporation	30-05-1990
Status	Active
Postal code	8553

Establishment units 1 location

IMLES

Zwevegemstraat(O) 124, 8553 ZwevegemAir transport

since 19902.049.333.054

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34030A0490/00M000	Flanders	1.7 ha	1 · 7,166 m²	42.2 m · 2 fl.

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.

Updates 11 events

All 15Financial 4Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

16-06

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Highest result since 2021net €160k ▲8.2%

Operating result €210k, net result €160k, both a record.

30-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Equity above €1MEq €1.12M ▲15.3%

4 profitable years in a row build equity to €1.12M.

13-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Weakest financial yearnet €7k ▼94.2%

Net result drops to €7k, the lowest in the series; recovery starts the following year.

31-12

Financial Liquidity triplescurrent ratio 17.32

Current ratio from 6.58 to 17.32; short-term debt falls from €83k to €38k.

28-12

State Gazette act Director changes

JOYCE DE KETELE

14-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

30-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

16-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

16-07

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

02-07

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

06-07

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

2017

14-07

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 5 acts read

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 2 years ago

2023

28-12-2023 7 directors appointed, 2 resigning Director changes·JOYCE DE KETELE

Bart LESAGE, Bestuurder
Martine DUMORTIER, Bestuurder
Isabelle VANSTEENKISTE, Dagelijks bestuur
Stephanie MARTENS, Dagelijks bestuur
Aurélie BEYLS, Dagelijks bestuur
Tine MAES, Dagelijks bestuur
Laure VERMEERSCH, Dagelijks bestuur
Bart LESAGE, Zaakvoerder

Notary: JOYCE DE KETELE · ZwevegemFirm: Denys, Vanden Daelen & De Ketele, notarissen

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Renting and operating of own or leased residential real estate, excluding social housing68201

Names & trade names

Legal nameNL

IMLES

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RIMMOPA BE 0439.671.405 · Deinze

CULIS BE 0468.992.228 · Assenede

Société Méditerranéenne des Echanges Commerciaux BE 0421.763.522 · Mons

WING TOWER BE 0508.651.766 · Rotselaar