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IMM - AGO

Active
Public limited companyfounded 199629 yrs activeKoperstraat 14, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0458.948.966
Summary

IMM - AGO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €563,490 and a net result of €370,043. Equity remains stable across the filed fiscal years (±0.1% per year). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100
Solvency100=
Growth58▲+6
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days only on tighter terms
Liquidity ample (current ratio 46.75 against 0.29 in 2023; short-term debt: 2.1% and cash: 0.1% of total assets), and 2.1% 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
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 29 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
97.9%
Return on assets
64.3%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-01-2026, 172 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
172 d late
2023
537 d late
2021
31 d late
2020
23 d late
2019
73 d late
2018
73 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 152 days after 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

History

IMM - AGO was incorporated on 7 October 1996.1 Total assets fell from EUR 1.8 million in 2018 to EUR 575,796 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€563,490▼ 58.4%
2023 · €1.4m
Total assets
€575,796▼ 67.9%
2023 · €1.8m
Net result
€370,043
2021 · -€6,773
Working capital
€563,018
2023 · -€313,647
Trend over the years
In euros
In euros
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
Line20192020202120232024
Operating result-€160▲ 86.5%€12,578-€6,761€366,191
Net result-€433▲ 79.7%€11,409-€6,773€370,043
Equity€1.3m=€1.4m▲ 0.9%€1.3m▼ 0.5%€1.4m-€563,490▼ 58.4%
Total assets€1.8m▲ 0.5%€1.8m▲ 0.3%€1.8m=€1.8m-€575,796▼ 67.9%
Debt€439,120▲ 2.1%€432,628▼ 1.5%€439,195▲ 1.5%€440,747-€12,306▼ 97.2%
Working capital-€326,903▲ 0.2%-€316,598▲ 3.2%-€322,597▼ 1.9%-€313,647-€563,018
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000€400,000Operating result 2019: -€160-€160Net result 2019: -€433-€433Operating result 2020: €12,578€12,578Net result 2020: €11,409€11,409Operating result 2021: -€6,761-€6,761Net result 2021: -€6,773-€6,773Operating result 2024: €366,191€366,191Net result 2024: €370,043€370,04320192020202120232024-€100,000€0€100,000€200,000€300,000€400,000Operating result 2021: -€6,761-€6,760Net result 2021: -€6,773-€6,770Operating result 2024: €366,191€366,000Net result 2024: €370,043€370,000202120232024
The operating result is €366,191 in 2024, compared with -€6,761 in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €575,796
Fixed assets €472 ▼ 100.0%
Current assets €575,324 ▲ 354%
Equity and liabilities €575,796
Equity €563,490 ▼ 58.4%
Debt €12,306 ▼ 97.2%
Debt's share of the balance-sheet total falls from 24.6% to 2.1%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
Current ratio
46.75▲
2023 · 0.29
Debt to equity
0.02▼
2023 · 0.33
ROE
65.7%
ROA
64.3%
Debt ≤ 1 year
€12,306▼
2023 · €440,477
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 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 20,134 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.8m€575,796▼
Fixed assets21/28€1.7m€472▼
Tangible fixed assets22/27€472€472=
Plant, machinery and equipment23€472-
Furniture and vehicles24-€472
Financial fixed assets28€1.7m€0▼
Current assets29/58€126,830€575,324▲
Amounts receivable within one year40/41€113,953€562,905▲
Trade receivables40-€182
Other amounts receivable41€113,953€562,723▲
Cash at bank and in hand54/58€877€420▼
Deferred charges and accrued income490/1€12,000€12,000=
Equity and liabilities
Total equity and liabilities10/49€1.8m€575,796▼
Equity10/15€1.4m€563,490▼
Contributions10/11€61,973€61,973=
Capital10€61,973€61,973=
Issued capital100€61,973€61,973=
Revaluation surpluses12€1.2m€0▼
Reserves13€283,374€283,374=
Non-distributable reserves130/1€495€495=
Legal reserve130€495€495=
Tax-exempt reserves132€282,878€282,878=
Profit (loss) carried forward14-€151,900€218,143▲
Amounts payable17/49€440,747€12,306▼
Amounts payable within one year42/48€440,477€12,306▼
Trade debts44€12,306€12,306=
Suppliers440/4€12,306€12,306=
Other amounts payable47/48€428,171€0▼
Accrued charges and deferred income492/3€270€0▼
Income statement Code20232024
Non-recurring operating income76A-€366,712
Other operating charges640/8-€110
Non-recurring operating charges66A--€270
Gross operating margin9900-€366,031
Operating profit (loss)9901-€366,191
Financial income75/76B-€4,269
Recurring financial income75-€4,269
Financial charges65/66B-€417
Recurring financial charges65-€417
Profit (loss) for the period before taxes9903-€370,043
Profit (loss) for the period9904-€370,043
Profit (loss) for the period to be appropriated9905-€370,043
Appropriation of the result
Profit (loss) to be appropriated9906-€151,900€218,143▲
Profit (loss) brought forward from the previous period14P-€151,900-€151,900=

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120232024Change
Non-recurring operating income76A----€366,712-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€652€512€512---
Other operating charges640/8--€1,124-€110-
Non-recurring operating charges66A-----€270-
Gross operating margin9900€1,740€14,215-€5,124-€366,031-
Operating profit (loss)9901-€160€12,578-€6,761-€366,191-
Financial income75/76B----€4,269-
Recurring financial income75----€4,269-
Financial charges65/66B--€13-€417-
Recurring financial charges65€88€134€13-€417-
Profit (loss) for the period before taxes9903-€433€11,417-€6,773-€370,043-
Income taxes67/77-€8----
Profit (loss) for the period9904-€433€11,409-€6,773-€370,043-
Profit (loss) for the period to be appropriated9905-€433€11,409-€6,773-€370,043-
Line20192020202120232024Change
Assets
Total assets20/58€1.8m€1.8m€1.8m€1.8m€575,796▼ 67.9%
Fixed assets21/28€1.7m€1.7m€1.7m€1.7m€472▼ 100.0%
Tangible fixed assets22/27€1,496€984€472€472€472=
Plant, machinery and equipment23--€472€472--
Furniture and vehicles24----€472-
Financial fixed assets28€1.7m€1.7m€1.7m€1.7m€0▼ 100%
Current assets29/58€110,490€116,030€116,336€126,830€575,324▲ 354%
Amounts receivable within one year40/41€99,121€100,488€113,356€113,953€562,905▲ 394%
Trade receivables40--€12,132-€182-
Other amounts receivable41--€101,224€113,953€562,723▲ 394%
Cash at bank and in hand54/58€4,319€2,981€2,981€877€420▼ 52.2%
Deferred charges and accrued income490/1---€12,000€12,000=
Equity and liabilities
Total equity and liabilities10/49€1.8m€1.8m€1.8m€1.8m€575,796▼ 67.9%
Equity10/15€1.3m€1.4m€1.3m€1.4m€563,490▼ 58.4%
Contributions10/11€61,973€61,973€61,973€61,973€61,973=
Capital10--€61,973€61,973€61,973=
Issued capital100--€61,973€61,973€61,973=
Revaluation surpluses12--€1.2m€1.2m€0▼ 100%
Reserves13€283,374€283,374€283,374€283,374€283,374=
Non-distributable reserves130/1--€495€495€495=
Legal reserve130--€495€495€495=
Tax-exempt reserves132--€282,878€282,878€282,878=
Profit (loss) carried forward14-€165,478-€154,069-€160,842-€151,900€218,143▲ 244%
Amounts payable17/49€439,120€432,628€439,195€440,747€12,306▼ 97.2%
Amounts payable within one year42/48€437,393€432,628€438,934€440,477€12,306▼ 97.2%
Trade debts44€8,761€3,354€9,890€12,306€12,306=
Suppliers440/4--€9,890€12,306€12,306=
Other amounts payable47/48--€429,043€428,171€0▼ 100%
Accrued charges and deferred income492/3--€262€270€0▼ 100%
Line20192020202120232024Change
Profit (loss) for the period9904-€433€11,409-€6,773-€370,043-
+ Depreciation and write-downs630€652€512€512---
Operating cash flow (approximation)€219€11,921-€6,261-€370,043-
Investment in fixed assets (approximation)-€112€0-€1.7m-
Change in cash--€1,339-€0--€458-

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 · acts, filings and financial milestones

2026
19-01
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 172 days late
19-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 537 days late
2024
31-12
Financial Highest result since 2018net €370,043
Operating result €366,191, net result €370,043, both a record.
31-12
Financial Liquidity times 162current ratio 46.75
Current ratio from 0.29 to 46.75; short-term debt falls from €440,477 to €12,306.
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Weakest financial yearnet -€6,773
Net result drops to -€6,773, the lowest in the series; recovery starts the following year.
23-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 23 days late
2020
31-12
Financial Back to profitnet €11,409
Net result €11,409 after 2 loss-making years.
12-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 73 days late
2019
12-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 73 days late
2018
26-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
2017
03-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Martens-Latem · 1 establishment unit since 1998
seat establishment The establishment unit on the map
Ground area
1.4 ha
Building footprint
654 m²
Volume, LiDAR
4,935 m³
2 parcels, Flanders · tallest building 13.0 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
IMM-AGO NV
Sint-Gerolfstraat 1, 9031 GentInsurance, reinsurance and pension funding, except compulsory social security
since 19982.086.847.409
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44017C0910/00G000 Flanders 7,931 m² 1 · 263 m² 8.5 m · 2 fl.
44064A0657/00X004 Flanders 5,726 m² 1 · 391 m² 13.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formPublic limited company
Founded07-10-1996
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 30 September 2026 · Peppol Directory

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