Skip to content

IMMA

Active
Public limited companyfounded 199630 yrs activeWijngaardstraat 47, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 0456.968.780
Summary

IMMA has been active since 1996 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show equity of €26,183 and a net result of €331. Equity is shrinking by ~8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability40▲+1
Solvency95▼-5
Growth58=
Track record92
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity tight (current ratio 1.36 against 1.52 in 2024; short-term debt: 24% and cash: 3.2% of total assets), and 29.8% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven 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 30 years 0 40 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
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 2025
Solvency, return and age of the figures
Solvency
70.2%
Return on assets
0.9%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
3 d early
2024
55 d late
2023
26 d late
2022
58 d late
2021
30 d late
2020
31 d late
2019
96 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 42 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Checked, nothing found (1)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline

History

IMMA was incorporated on 5 January 1996.1 Total assets fell from EUR 55,639 in 2018 to EUR 37,304 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, abbreviated schema

Equity
€26,183▲ 1.3%
2024 · €25,853
Total assets
€37,304▲ 11.0%
2024 · €33,618
Net result
€331▲ 101%
2024 · €164
Working capital
€3,262▲ 11.3%
2024 · €2,931
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€19,868€721-€586€340€849▲ 150%
Net result-€20,663€202-€639€164€331▲ 101%
Equity€26,126▼ 44.2%€26,328▲ 0.8%€25,688▼ 2.4%€25,853▲ 0.6%€26,183▲ 1.3%
Total assets€29,357▼ 51.8%€29,034▼ 1.1%€33,674▲ 16.0%€33,618▼ 0.2%€37,304▲ 11.0%
Debt€3,231▼ 77.2%€2,707▼ 16.2%€7,985▲ 195%€7,765▼ 2.8%€11,121▲ 43.2%
Working capital€3,204▼ 86.6%€3,406▲ 6.3%€2,766▼ 18.8%€2,931▲ 5.9%€3,262▲ 11.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2021: -€19,868-€19,868Net result 2021: -€20,663-€20,663Operating result 2022: €721€721Net result 2022: €202€202Operating result 2023: -€586-€586Net result 2023: -€639-€639Operating result 2024: €340€340Net result 2024: €164€164Operating result 2025: €849€849Net result 2025: €331€33120212022202320242025-€1,000-€500€0€500€1,000Operating result 2023: -€586-€586Net result 2023: -€639-€639Operating result 2024: €340€340Net result 2024: €164€164Operating result 2025: €849€849Net result 2025: €331€331202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 150% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €37,304
Fixed assets €25,099 =
Current assets €12,205 ▲ 43.3%
Equity and liabilities €37,304
Equity €26,183 ▲ 1.3%
Debt €11,121 ▲ 43.2%
Debt's share of the balance-sheet total rises from 23.1% to 29.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.36▼
2024 · 1.52
Debt to equity
0.42▲
2024 · 0.30
ROE
1.3%▲
2024 · 0.6%
ROA
0.9%▲
2024 · 0.5%
Debt ≤ 1 year
€8,943▲
2024 · €5,588
Debt > 1 year
€2,178=
2024 · €2,178
Income taxes
€445▲
2024 · €124
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.8% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 16,986 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 · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€33,618€37,304▲
Fixed assets21/28€25,099€25,099=
Tangible fixed assets22/27€25,099€25,099=
Land and buildings22€25,099€25,099=
Current assets29/58€8,519€12,205▲
Amounts receivable within one year40/41€8,404€11,005▲
Trade receivables40€4,800€7,200▲
Other amounts receivable41€3,604€3,805▲
Cash at bank and in hand54/58€115€1,200▲
Equity and liabilities
Total equity and liabilities10/49€33,618€37,304▲
Equity10/15€25,853€26,183▲
Contributions10/11€61,973€61,973=
Capital10€61,973€61,973=
Issued capital100€61,973€61,973=
Profit (loss) carried forward14-€36,120-€35,790▲
Amounts payable17/49€7,765€11,121▲
Amounts payable after more than one year17€2,178€2,178=
Other amounts payable178/9€2,178€2,178=
Amounts payable within one year42/48€5,588€8,943▲
Financial debts43€4,943€8,943▲
Other loans439€4,943€8,943▲
Trade debts44€645-
Suppliers440/4€645-
Income statement Code20242025
Other operating charges640/8€408€290▼
Gross operating margin9900€748€1,139▲
Operating profit (loss)9901€340€849▲
Financial income75/76B€223€201▼
Recurring financial income75€223€201▼
Financial charges65/66B€274€274=
Recurring financial charges65€274€274=
Profit (loss) for the period before taxes9903€288€776▲
Income taxes67/77€124€445▲
Profit (loss) for the period9904€164€331▲
Profit (loss) for the period to be appropriated9905€164€331▲
Appropriation of the result
Profit (loss) to be appropriated9906-€36,120-€35,790▲
Profit (loss) brought forward from the previous period14P-€36,285-€36,120▲

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€22,800-----
Other operating charges640/8€385€122€367€408€290▼ 28.8%
Gross operating margin9900€3,317€843-€219€748€1,139▲ 52.4%
Operating profit (loss)9901-€19,868€721-€586€340€849▲ 150%
Financial income75/76B€99€243€198€223€201▼ 9.8%
Recurring financial income75€99€243€198€223€201▼ 9.8%
Financial charges65/66B€251€344€251€274€274=
Recurring financial charges65€251€344€251€274€274=
Profit (loss) for the period before taxes9903-€20,020€620-€639€288€776▲ 169%
Income taxes67/77€643€418-€124€445▲ 259%
Profit (loss) for the period9904-€20,663€202-€639€164€331▲ 101%
Profit (loss) for the period to be appropriated9905-€20,663€202-€639€164€331▲ 101%
Line20212022202320242025Change
Assets
Total assets20/58€29,357€29,034€33,674€33,618€37,304▲ 11.0%
Fixed assets21/28€25,099€25,099€25,099€25,099€25,099=
Tangible fixed assets22/27€25,099€25,099€25,099€25,099€25,099=
Land and buildings22€25,099€25,099€25,099€25,099€25,099=
Current assets29/58€4,257€3,935€8,574€8,519€12,205▲ 43.3%
Amounts receivable within one year40/41€3,399€3,642€6,139€8,404€11,005▲ 30.9%
Trade receivables40--€2,400€4,800€7,200▲ 50.0%
Other amounts receivable41€3,399€3,642€3,739€3,604€3,805▲ 5.6%
Cash at bank and in hand54/58€858€293€2,435€115€1,200▲ 948%
Equity and liabilities
Total equity and liabilities10/49€29,357€29,034€33,674€33,618€37,304▲ 11.0%
Equity10/15€26,126€26,328€25,688€25,853€26,183▲ 1.3%
Contributions10/11€61,973€61,973€61,973€61,973€61,973=
Capital10€61,973€61,973€61,973€61,973€61,973=
Issued capital100€61,973€61,973€61,973€61,973€61,973=
Profit (loss) carried forward14-€35,847-€35,645-€36,285-€36,120-€35,790▲ 0.9%
Amounts payable17/49€3,231€2,707€7,985€7,765€11,121▲ 43.2%
Amounts payable after more than one year17€2,178€2,178€2,178€2,178€2,178=
Other amounts payable178/9€2,178€2,178€2,178€2,178€2,178=
Amounts payable within one year42/48€1,053€529€5,808€5,588€8,943▲ 60.0%
Financial debts43--€4,943€4,943€8,943▲ 80.9%
Other loans439--€4,943€4,943€8,943▲ 80.9%
Trade debts44€1,053€529€865€645--
Suppliers440/4€1,053€529€865€645--
Line20212022202320242025Change
Profit (loss) for the period9904-€20,663€202-€639€164€331▲ 101%
Operating cash flow (approximation)-€20,663€202-€639€164€331▲ 101%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€565€2,142-€2,321€1,085▲ 147%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial Back to profitnet €164
Net result €164 after one loss-making year.
26-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
22-03
KBO administration Address struck
event 05-01-2024
2023
27-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
31-12
Financial Back to profitnet €202
Net result €202 after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial Weakest financial yearnet -€20,663
Net result drops to -€20,663, the lowest in the series; recovery starts the following year.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial Back to profitnet €3,074
Net result €3,074 after 2 loss-making years.
04-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 96 days late
Show earlier events
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

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.

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

Directors · office · real estate

Directors
5 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, Geraardsbergen · 1 establishment unit since 2000
seat establishment The establishment unit on the map
Ground area
1,081 m²
Building footprint
164 m²
Volume, LiDAR
2,254 m³
Parcel 41018A0259/00E000, Flanders · tallest building 21.8 m, ±6 floors. Linked by address, not a title deed.
9 companies at this address See who is registered here
1 establishment unit
Wijngaardstraat 47, 9500 Geraardsbergen
NACE 70201
since 20002.075.210.872
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41018A0259/00E000 Flanders 1,081 m² 1 · 164 m² 21.8 m · 6 fl.
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.

Identification & contact

Identification
Legal formPublic limited company
Founded05-01-1996
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.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

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

General meetings

1 convocation
General meeting
at the registered office · published 26-05-2009
Jaarverslag. Goedkeuring jaarrekening. Bestemming resultaat. Kwijting bestuurders. (Her)Benoemingen. Divers. (AOPC-1-9-05394/26.05)