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IMMATRO

Active
Public limited companyfounded 199134 yrs activeO.L. Vrouwstraat 219, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0445.918.601
Summary

IMMATRO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €169,214 and a net result of €1,434. Equity is growing by ~2.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability40▼-29
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 30.93 against 62.59 in 2024; short-term debt: 1.4% and cash: 0% of total assets), and 1.5% 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 34 years 0 40 y
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
98.5%
Return on assets
0.8%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 d early
2024
31 d late
2023
31 d late
2022
137 d late
2021
31 d late
2020
290 d late
2019
61 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 83 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 (2)
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
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

On 17 December 1991, IMMATRO was incorporated.1 Total assets went from EUR 132,346 in 2018 to EUR 171,751 in 2025.2

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

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Financials · fiscal year 2025, abbreviated schema

Equity
€169,214▲ 0.9%
2024 · €167,780
Total assets
€171,751▲ 1.6%
2024 · €169,062
Net result
€1,434
2024 · -€18
Working capital
€71,743▲ 2.0%
2024 · €70,309
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€8,693▲ 31.8%€5,452▼ 37.3%-€1,348€25€1,549▲ 6,014%
Net result€8,699▲ 32.5%€5,413▼ 37.8%-€1,459-€18▲ 98.8%€1,434
Equity€163,845▲ 5.6%€169,258▲ 3.3%€167,799▼ 0.9%€167,780=€169,214▲ 0.9%
Total assets€164,182▲ 4.8%€169,398▲ 3.2%€167,939▼ 0.9%€169,062▲ 0.7%€171,751▲ 1.6%
Debt€337▼ 78.2%€140▼ 58.5%€140=€1,282▲ 815%€2,537▲ 97.9%
Working capital€65,834▲ 15.8%€70,309€71,743▲ 2.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€5,000€0€5,000€10,000Operating result 2021: €8,693€8,693Net result 2021: €8,699€8,699Operating result 2022: €5,452€5,452Net result 2022: €5,413€5,413Operating result 2023: -€1,348-€1,348Net result 2023: -€1,459-€1,459Operating result 2024: €25€25Net result 2024: -€18-€18Operating result 2025: €1,549€1,549Net result 2025: €1,434€1,43420212022202320242025-€2,000-€1,000€0€1,000€2,000Operating result 2023: -€1,348-€1,350Net result 2023: -€1,459-€1,460Operating result 2024: €25€25Net result 2024: -€18-€18Operating result 2025: €1,549€1,550Net result 2025: €1,434€1,430202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6,014% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171,751
Fixed assets €97,611 =
Current assets €74,140 ▲ 3.8%
Equity and liabilities €171,751
Equity €169,214 ▲ 0.9%
Debt €2,537 ▲ 97.9%
Debt's share of the balance-sheet total rises from 0.8% to 1.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
30.93▼
2024 · 62.59
Debt to equity
0.01▲
2024 · 0.01
ROE
0.8%▲
2024 · 0.0%
ROA
0.8%▲
2024 · 0.0%
Debt ≤ 1 year
€2,397▲
2024 · €1,142
Debt > 1 year
€140=
2024 · €140
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 bankruptcy probability of 0.5% 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 497,058 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€169,062€171,751▲
Fixed assets21/28€97,611€97,611=
Tangible fixed assets22/27€69,847€69,847=
Land and buildings22€69,847€69,847=
Financial fixed assets28€27,764€27,764=
Current assets29/58€71,451€74,140▲
Amounts receivable within one year40/41€41,710€44,679▲
Other amounts receivable41€41,710€44,679▲
Cash at bank and in hand54/58€316€35▼
Deferred charges and accrued income490/1€29,426€29,426=
Equity and liabilities
Total equity and liabilities10/49€169,062€171,751▲
Equity10/15€167,780€169,214▲
Contributions10/11€163,610€163,610=
Capital10€163,610€163,610=
Issued capital100€163,610€163,610=
Reserves13€16,446€16,446=
Non-distributable reserves130/1€16,446€16,446=
Legal reserve130€16,446€16,446=
Profit (loss) carried forward14-€12,276-€10,842▲
Amounts payable17/49€1,282€2,537▲
Amounts payable after more than one year17€140€140=
Other amounts payable178/9€140€140=
Amounts payable within one year42/48€1,142€2,397▲
Trade debts44€1,142€2,397▲
Suppliers440/4€1,142€2,397▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€270-
Other operating charges640/8€2,759€4,082▲
Gross operating margin9900€3,054€5,630▲
Operating profit (loss)9901€25€1,549▲
Financial charges65/66B€44€115▲
Recurring financial charges65€44€115▲
Profit (loss) for the period before taxes9903-€18€1,434▲
Profit (loss) for the period9904-€18€1,434▲
Profit (loss) for the period to be appropriated9905-€18€1,434▲
Appropriation of the result
Profit (loss) to be appropriated9906-€12,276-€10,842▲
Profit (loss) brought forward from the previous period14P-€12,258-€12,276▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€270€270-€270--
Other operating charges640/8€2,304€1,040€2,395€2,759€4,082▲ 47.9%
Gross operating margin9900€11,266€6,762€1,047€3,054€5,630▲ 84.3%
Operating profit (loss)9901€8,693€5,452-€1,348€25€1,549▲ 6,014%
Financial income75/76B€43-----
Recurring financial income75€43-----
Financial charges65/66B€37€40€111€44€115▲ 164%
Recurring financial charges65€37€40€111€44€115▲ 164%
Profit (loss) for the period before taxes9903€8,699€5,413-€1,459-€18€1,434▲ 7,990%
Profit (loss) for the period9904€8,699€5,413-€1,459-€18€1,434▲ 7,990%
Profit (loss) for the period to be appropriated9905€8,699€5,413-€1,459-€18€1,434▲ 7,990%
Line20212022202320242025Change
Assets
Total assets20/58€164,182€169,398€167,939€169,062€171,751▲ 1.6%
Fixed assets21/28€98,151€97,881€97,881€97,611€97,611=
Tangible fixed assets22/27€70,387€70,117€70,117€69,847€69,847=
Land and buildings22€69,847€69,847€69,847€69,847€69,847=
Furniture and vehicles24€540€270€270---
Financial fixed assets28€27,764€27,764€27,764€27,764€27,764=
Current assets29/58€66,031€71,517€70,058€71,451€74,140▲ 3.8%
Amounts receivable within one year40/41€35,826€41,767€40,247€41,710€44,679▲ 7.1%
Trade receivables40€1,800-----
Other amounts receivable41€34,026€41,767€40,247€41,710€44,679▲ 7.1%
Cash at bank and in hand54/58€779€324€385€316€35▼ 88.9%
Deferred charges and accrued income490/1€29,426€29,426€29,426€29,426€29,426=
Equity and liabilities
Total equity and liabilities10/49€164,182€169,398€167,939€169,062€171,751▲ 1.6%
Equity10/15€163,845€169,258€167,799€167,780€169,214▲ 0.9%
Contributions10/11€163,610€163,610€163,610€163,610€163,610=
Capital10€163,610€163,610€163,610€163,610€163,610=
Issued capital100€163,610€163,610€163,610€163,610€163,610=
Reserves13€16,446€16,446€16,446€16,446€16,446=
Non-distributable reserves130/1€16,446€16,446€16,446€16,446€16,446=
Legal reserve130€16,446€16,446€16,446€16,446€16,446=
Profit (loss) carried forward14-€16,211-€10,799-€12,258-€12,276-€10,842▲ 11.7%
Amounts payable17/49€337€140€140€1,282€2,537▲ 97.9%
Amounts payable after more than one year17€140€140€140€140€140=
Other amounts payable178/9€140€140€140€140€140=
Amounts payable within one year42/48€197--€1,142€2,397▲ 110%
Trade debts44€197--€1,142€2,397▲ 110%
Suppliers440/4€197--€1,142€2,397▲ 110%
Line20212022202320242025Change
Profit (loss) for the period9904€8,699€5,413-€1,459-€18€1,434▲ 7,990%
+ Depreciation and write-downs630€270€270-€270--
Operating cash flow (approximation)€8,969€5,683-€1,459€252€1,434▲ 469%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€455€61-€69-€281▼ 307%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
30-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Back to profitnet €1,434
Net result €1,434 after 2 loss-making years.
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial Weakest financial yearnet -€1,459
Net result drops to -€1,459, the lowest in the series; recovery starts the following year.
15-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 137 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
17-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 290 days late
2021
31-12
Financial Liquidity times 8current ratio 335.25
Current ratio from 41.48 to 335.25; short-term debt falls from €1,405 to €197.
2020
31-12
Financial Equity above €150,000Eq €155,146 ▲4.4%
3 profitable years in a row build equity to €155,146.
30-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial Highest result since 2018net €18,798 ▲259%
Operating result €18,915, net result €18,798, both a record.
Show earlier events
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
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Heusden-Zolder · 1 establishment unit since 1992
seat establishment The establishment unit on the map
Ground area
3,582 m²
Building footprint
242 m²
Volume, LiDAR
1,442 m³
Parcel 71462E0033/00S000, Flanders · tallest building 22.9 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
O.L. Vrouwstraat 219, 3550 Heusden-Zolder
NACE 70201
since 19922.055.966.369
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71462E0033/00S000 Flanders 3,582 m² 1 · 242 m² 22.9 m · 1 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

According to the 2025 annual accounts of IMMATRO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded17-12-1991
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0445918601
Also 9925:BE0445918601
Registered 08-12-2025

Register as of 27 September 2026 · Peppol Directory

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