IMLO
ActiveSummary
The computed 12-month bankruptcy probability of IMLO is 2.5% (moderate). The 2024 annual accounts show equity of €517k and a net result of €8k. Equity remains stable across the filed fiscal years (±0% per year). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability70▲+1
Solvency83▲+1
Growth32=
Track record100
Bankruptcy probability, 12 months
2.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.02 in 2023; short-term debt: 25.2% and cash: 0.3% of total assets), and 41.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-09-2025, 35 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
35 d late
2023
30 d late
2022
24 d late
2021
78 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€517k▲ 1.6%
2023 · €508k
2021: €519k
2022: €508k
2023: €508k
2021 → 2024
Total assets
€884k▼ 0.9%
2023 · €892k
2021: €898k
2022: €918k
2023: €892k
2021 → 2024
Net result
€8k▲ 2,146%
2023 · €368
2021: €20k
2022: €-11k
2023: €368
2021 → 2024
Working capital
€-218k▼ 5.5%
2023 · €-207k
2021: €-100k
2022: €-197k
2023: €-207k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€519k-€508k▼ 2.1%€508k▲ 0.1%€517k▲ 1.6%
Operating result€34k-€-8k€3k€10k▲ 291%
Net result€20k-€-11k€368€8k▲ 2,146%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 291% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €884k
Fixed assets
€880k ▼ 0.9%
Current assets
€4k ▼ 0.9%
Equity and liabilities €884k
Equity
€517k ▲ 1.6%
Debt
€367k ▼ 4.2%
Debt's share of the balance-sheet total falls from 43.0% to 41.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▲
2023 · €31k
Cash flow
€37k▲
2023 · €29k
Current ratio
0.02▼
2023 · 0.02
Debt to equity
0.71▼
2023 · 0.75
ROE
1.6%▲
2023 · 0.1%
ROA
0.9%▲
2023 · 0.0%
Interest coverage
19.68▲
2023 · 13.70
Debt ≤ 1 year
€222k▲
2023 · €211k
Debt > 1 year
€145k▼
2023 · €173k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€892k€884k▼
Fixed assets21/28€888k€880k▼
Tangible fixed assets22/27€888k€880k▼
Land and buildings22€888k€880k▼
Current assets29/58€4k€4k▼
Cash at bank and in hand54/58€3k€3k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€892k€884k▼
Equity10/15€508k€517k▲
Contributions10/11€13k€13k=
Reserves13€506k€506k=
Non-distributable reserves130/1€19k€19k=
Reserves not available under the articles1311€1k€19k▲
Other1319€18k€0▼
Distributable reserves133€487k€487k=
Profit (loss) carried forward14€-10k€-2k▲
Amounts payable17/49€384k€367k▼
Amounts payable after more than one year17€173k€145k▼
Financial debts170/4€173k€145k▼
Amounts payable within one year42/48€211k€222k▲
Current portion of amounts payable after more than one year42€33k€30k▼
Trade debts44€1k€47▼
Suppliers440/4€1k€47▼
Other amounts payable47/48€177k€192k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€29k▲
Other operating charges640/8€3k€4k▲
Gross operating margin9900€34k€43k▲
Operating profit (loss)9901€3k€10k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€368€8k▲
Profit (loss) for the period9904€368€8k▲
Profit (loss) for the period to be appropriated9905€368€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-2k▲
Profit (loss) brought forward from the previous period14P€-11k€-10k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 35 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €368
Net result €368 after one loss-making year.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Weakest financial yearnet €-11k ▼153%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Aalter · 1 establishment unit since 2020
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.
Lostraat 449880 AalterGround area
3,342 m²
Building footprint
2,117 m²
Volume, LiDAR
9,551 m³
Parcel 44502D0320/00M000, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
IMLO
since 20202.305.499.265
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44502D0320/00M000 | Flanders | 3,342 m² | 1 · 2,117 m² | 8.2 m · 1 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2020
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.