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IMLOFA

Active
Public limited companyfounded 197452 yrs activeParc Résidentiel"Le Bosquet(FBC) 291, 6440 Froidchapelle, BelgiumKBO/BCE: BE 0414.320.355
Summary

IMLOFA has been active since 1974 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €231,088 and a net result of €15,244. Equity remains stable across the filed fiscal years (±0.4% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

What they do
Activity not known1 site
How big
€140,193turnover 2024
Equity
€231,088
Profit
€15,244
Financially healthy?
71 Healthy Checked score 2024
Bankruptcy chance 12 m
0.6%
Who decides
Accounts 62 d overdue0 of 8 deeds read
Why 71- No NACE activity registered- Higher-failure-rate region+ Long track record+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

Score 2024
Axes · tick = 2023
Profitability81▲+1
Solvency60▲+3
Growth64▲+22
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 5.63 against 5.81 in 2023; short-term debt: 1.6% and cash: 8.9% of total assets), but 65.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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
highest failure risk from 2 to 8 years 52 years 0 60 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
43 d early
2023
42 d early
2022
46 d early
2021
34 d early
2020
51 d early
2019
108 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 54 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · full…
  2. Highest result since 2021net €15,244 ▲65%
  3. Annual accounts filedfiscal year 2023 · full…

Financials

Fiscal year 2024Turnover €140,193Profit €15,244Solvency 34.6%Liquidity 5.63
Turnover
€140,193▼ 2.2%
2021 - 2024
Net result
€15,244▲ 65.0%
2021 - 2024
Equity
€231,088▲ 2.3%
2021 - 2024
Solvency
34.6%▲ 2.3pp
2021 - 2024

Financials · fiscal year 2024, full schema

Trend over the years4 fiscal years
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Turnover€137,295-€142,454▲ 3.8%€143,361▲ 0.6%€140,193▼ 2.2%
Operating result€19,692-€11,753▼ 40.3%€19,866▲ 69.0%€23,576▲ 18.7%
Net result€9,975-€3,610▼ 63.8%€9,240▲ 156%€15,244▲ 65.0%
EBIT margin14.3%-8.3%▼ 6.1pp13.9%▲ 5.6pp16.8%▲ 3.0pp
Equity€225,844-€225,844=€225,844=€231,088▲ 2.3%
Total assets€766,744-€734,942▼ 4.1%€697,898▼ 5.0%€667,051▼ 4.4%
Debt€540,900-€509,098▼ 5.9%€472,054▼ 7.3%€435,963▼ 7.6%
Working capital€41,215-€43,248▲ 4.9%€44,873▲ 3.8%€48,884▲ 8.9%
Result and balance sheet2024
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2021: €19,692€19,692Net result 2021: €9,975€9,975Operating result 2022: €11,753€11,753Net result 2022: €3,610€3,610Operating result 2023: €19,866€19,866Net result 2023: €9,240€9,240Operating result 2024: €23,576€23,576Net result 2024: €15,244€15,2442021202220232024€0€10,000€20,000Operating result 2022: €11,753€11,800Net result 2022: €3,610€3,610Operating result 2023: €19,866€19,900Net result 2023: €9,240€9,240Operating result 2024: €23,576€23,600Net result 2024: €15,244€15,200202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 19% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €667,051
Fixed assets €607,619 ▼ 5.6%
Current assets €59,432 ▲ 9.6%
Equity and liabilities €667,051
Equity €231,088 ▲ 2.3%
Debt €435,963 ▼ 7.6%
Debt's share of the balance-sheet total falls from 67.6% to 65.4%. Equity is higher and debt is lower.
Key figures and ratios2024
Key figures and ratios
2024 value · change against 2023
EBITDA
€69,185▲
2023 · €67,624
Cash flow
€60,853▲
2023 · €56,998
Current ratio
5.63▼
2023 · 5.81
Debt to equity
1.89▼
2023 · 2.09
ROE
6.6%▲
2023 · 4.1%
ROA
2.3%▲
2023 · 1.3%
Interest coverage
9.26▲
2023 · 8.47
Debt ≤ 1 year
€10,548▲
2023 · €9,329
Debt > 1 year
€383,471▼
2023 · €418,519
Income taxes
€1,004▼
2023 · €2,668
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 14,732 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Filed annual accountsfiscal year 2024
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€697,898€667,051▼
Fixed assets21/28€643,696€607,619▼
Tangible fixed assets22/27€643,696€607,619▼
Land and buildings22€643,696€607,619▼
Current assets29/58€54,202€59,432▲
Cash at bank and in hand54/58€54,202€59,432▲
Equity and liabilities
Total equity and liabilities10/49€697,898€667,051▼
Equity10/15€225,844€231,088▲
Contributions10/11€194,458€194,458=
Capital10€194,458€194,458=
Issued capital100€194,458€194,458=
Reserves13€25,807€25,807=
Non-distributable reserves130/1€6,541€6,541=
Legal reserve130-€6,541
Reserves not available under the articles1311€6,541-
Distributable reserves133€19,266€19,266=
Profit (loss) carried forward14€5,579€10,823▲
Amounts payable17/49€472,054€435,963▼
Amounts payable after more than one year17€418,519€383,471▼
Financial debts170/4€271,903€241,750▼
Other amounts payable178/9€146,616€141,721▼
Amounts payable within one year42/48€9,329€10,548▲
Trade debts44€88€548▲
Suppliers440/4€88€548▲
Other amounts payable47/48€9,241€10,000▲
Accrued charges and deferred income492/3€44,206€41,944▼
Income statement Code20232024
Turnover70€143,361€140,193▼
Goods, raw materials, services and sundry goods60/61€75,737€71,008▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47,758€45,609▼
Gross operating margin9900€67,624€69,185▲
Operating profit (loss)9901€19,866€23,576▲
Financial income75/76B€25€140▲
Recurring financial income75€25€140▲
Financial charges65/66B€7,983€7,468▼
Recurring financial charges65€7,983€7,468▼
Profit (loss) for the period before taxes9903€11,908€16,248▲
Income taxes67/77€2,668€1,004▼
Profit (loss) for the period9904€9,240€15,244▲
Profit (loss) for the period to be appropriated9905€9,240€15,244▲
Appropriation of the result
Profit (loss) to be appropriated9906€14,819€20,823▲
Profit (loss) brought forward from the previous period14P€5,579€5,579=
Profit to be distributed694/7€9,240€10,000▲
Directors or managers695€9,240€10,000▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Turnover70€137,295€142,454€143,361€140,193▼ 2.2%
Goods, raw materials, services and sundry goods60/61€68,491€80,484€75,737€71,008▼ 6.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€49,112€50,215€47,758€45,609▼ 4.5%
Gross operating margin9900€68,804€61,968€67,624€69,185▲ 2.3%
Operating profit (loss)9901€19,692€11,753€19,866€23,576▲ 18.7%
Financial income75/76B€9-€25€140▲ 460%
Recurring financial income75€9-€25€140▲ 460%
Financial charges65/66B€9,726€8,143€7,983€7,468▼ 6.5%
Recurring financial charges65€9,726€8,143€7,983€7,468▼ 6.5%
Profit (loss) for the period before taxes9903€9,975€3,610€11,908€16,248▲ 36.4%
Income taxes67/77--€2,668€1,004▼ 62.4%
Profit (loss) for the period9904€9,975€3,610€9,240€15,244▲ 65.0%
Profit (loss) for the period to be appropriated9905€9,975€3,610€9,240€15,244▲ 65.0%
Line2021202220232024Change
Assets
Total assets20/58€766,744€734,942€697,898€667,051▼ 4.4%
Fixed assets21/28€724,738€683,858€643,696€607,619▼ 5.6%
Tangible fixed assets22/27€724,738€683,858€643,696€607,619▼ 5.6%
Land and buildings22€724,738€683,858€643,696€607,619▼ 5.6%
Current assets29/58€42,006€51,084€54,202€59,432▲ 9.6%
Current investments50/53-€51,084---
Cash at bank and in hand54/58€42,006-€54,202€59,432▲ 9.6%
Equity and liabilities
Total equity and liabilities10/49€766,744€734,942€697,898€667,051▼ 4.4%
Equity10/15€225,844€225,844€225,844€231,088▲ 2.3%
Contributions10/11€194,458€194,458€194,458€194,458=
Capital10€194,458€194,458€194,458€194,458=
Issued capital100€194,458€194,458€194,458€194,458=
Reserves13€25,807€25,807€25,807€25,807=
Non-distributable reserves130/1€6,541€6,541€6,541€6,541=
Legal reserve130€6,541--€6,541-
Reserves not available under the articles1311-€6,541€6,541--
Distributable reserves133€19,266€19,266€19,266€19,266=
Profit (loss) carried forward14€5,579€5,579€5,579€10,823▲ 94.0%
Amounts payable17/49€540,900€509,098€472,054€435,963▼ 7.6%
Amounts payable after more than one year17€491,378€454,793€418,519€383,471▼ 8.4%
Financial debts170/4€341,642€306,928€271,903€241,750▼ 11.1%
Other amounts payable178/9€149,736€147,865€146,616€141,721▼ 3.3%
Amounts payable within one year42/48€791€7,836€9,329€10,548▲ 13.1%
Trade debts44€791€4,226€88€548▲ 523%
Suppliers440/4€791€4,226€88€548▲ 523%
Other amounts payable47/48-€3,610€9,241€10,000▲ 8.2%
Accrued charges and deferred income492/3€48,731€46,469€44,206€41,944▼ 5.1%
Line2021202220232024Change
Profit (loss) for the period9904€9,975€3,610€9,240€15,244▲ 65.0%
+ Depreciation and write-downs630€49,112€50,215€47,758€45,609▼ 4.5%
Operating cash flow (approximation)€59,087€53,825€56,998€60,853▲ 6.8%
Investment in fixed assets (approximation)--€9,335-€7,596-€9,532▼ 25.5%
Change in cash---€5,230-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline

12 eventsLatest 18-06-2025

History

IMLOFA was incorporated on 27 June 1974.1 Revenue went from €137,295 in 2021 to €140,193 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

Acts, filings and financial milestones

2025
18-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2021net €15,244 ▲65%
Operating result €23,576, net result €15,244, both a record.
19-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
15-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Weakest financial yearnet €3,610 ▼63.8%
Net result drops to €3,610, the lowest in the series; recovery starts the following year.
27-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
10-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
14-04
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
21-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
21-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
28-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Company details

Public limited company · founded 27-06-1974Year ends 31-12Peppol reachable1 site

Register details

Identification
Legal formPublic limited company
Founded27-06-1974
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0414320355
Also 9925:BE0414320355
Registered 30-04-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 1 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Sites & property

Location & real-estate footprint
Registered office, Froidchapelle · 1 establishment unit since 1982
establishment approximate The establishment unit on the map
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.

Parc Résidentiel"Le Bosquet(FBC) 2916440 Froidchapelle
Ground area
1.5 ha
Parcel 56482A0221/00G000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue du Bosquet(FBC) 291, 6440 Froidchapelle
Activities of head offices; management consultancy activities
since 1982unit no. 2.021.559.380
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
56482A0221/00G000 Wallonia 1.5 ha - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

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