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IMMAX

Active
Private limited companyfounded 2002active for 23 yearsPhilippe Baucqstraat 134, 1040 Etterbeek, BelgiumKBO/BCE: BE 0479.029.352
Summary

The computed 12-month bankruptcy probability of IMMAX is 3.3% (moderate). The 2024 annual accounts show negative equity (-€215,995) and a net result of -€88,284. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 9,457 sector peers (NACE 82, financial year 2024). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other business support services
NACE 82990
1 site
Size
€292,464total assets 2024
Equity
-€215,995
Loss
-€88,284
Turnover not published (micro format)
Financial health
47 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.3%
Structure
Accounts 75 days overdue1 of 7 deeds read
Why 47raises riskLiquidity: current ratio 0.06, cash €821 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 latelowers riskSize: total assets €292,464Sector: Office administrative, office support and other business support activities (NACE 82)Show the evidence

Checked score

Score 2024
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 6% of its sector peers (NACE 82, micro)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -73.9% of total assets
Liquidity 0=
short-term debt 167.7% · cash 0.0%
Profitability 1-4
return on assets -30.2%
Bankruptcy probability, 12 months
3.3% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (12,627 companies, NACE 82, micro)
Last 24 months 11-2024: 3.6% 12-2024: 3.6%● unchanged vs 11-2024 01-2025: 3.6%● unchanged vs 12-2024 02-2025: 3.6%● unchanged vs 01-2025 03-2025: 3.5%▼ -0.1 percentage points vs 02-2025 04-2025: 3.4%▼ -0.1 percentage points vs 03-2025 05-2025: 3.4%● unchanged vs 04-2025 06-2025: 3.3%▼ -0.1 percentage points vs 05-2025 07-2025: 3.3%● unchanged vs 06-2025 08-2025: 3.6%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 3.5%▼ -0.1 percentage points vs 08-2025 10-2025: 3.4%▼ -0.1 percentage points vs 09-2025 11-2025: 3.4%● unchanged vs 10-2025 12-2025: 3.4%● unchanged vs 11-2025 01-2026: 3.4%● unchanged vs 12-2025 02-2026: 3.3%▼ -0.1 percentage points vs 01-2026 03-2026: 3.3%● unchanged vs 02-2026 04-2026: 3.2%▼ -0.1 percentage points vs 03-2026 05-2026: 3.2%● unchanged vs 04-2026 06-2026: 3.1%▼ -0.1 percentage points vs 05-2026 07-2026: 3.0%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 3.4%▲ +0.4 percentage points vs 07-2026 09-2026: 3.4%● unchanged vs 08-2026 10-2026: 3.3%▼ -0.1 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.06, compared with 0.03 in 2023, below 1; short-term debt: 167.7% and cash: 0% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro): better than 5% on solvency, 1% on liquidity, 10% on profitability and 9% on growth.

The bankruptcy probability was computed on 13-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.06, cash €82
NBB · annual accounts
lowers risk · Size: total assets €292,464
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 61 days late; 3 of the last 3 late
NBB · filings
lowers risk · Sector: Office administrative, office support and other business support activities (NACE 82)
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€215,995
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 75 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline14-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
61 days late
2023
65 days late
2022
70 days late
2021
89 days late
2020
89 days late
2019
119 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 82 days after the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: BEERTS, Mark (director) and TOELEN…Amendment of the articles ·…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€215,995 View
  • Risk: 4 loss-making years in a rowloss financial year 2024 -€88,284 View
  • Caution: Among the weakest 5% on net resultsector median €14,061 · 9,457 companies -€88,284 View
  • Caution: Equity fell in 2024from -€127,710 to -€215,995 ▼ 69.1% View
  • Caution: Accounts not fileddeadline was 31-07-2026 75 days late View
  • New directorslatest change 01-10-2026 · 2 in office 2 joined View

By topic

Financials

Financial year
2024
Total assets
€292,464
Loss
-€88,284
Solvency
-73.9%
Total assets▼ 9.9%
Net result
20182024
Go to Financials

Timeline

Events
26
Since
2004
  1. 09-10-2023Annual accounts filed
  2. 31-12-2022Weakest financial year
  3. 28-10-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other business support servicesNACE 82990
Founded
13-12-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
23
Who signs
Each director alone
Annual meeting
31 May at 16:00
Purpose
“Het ontwerpen en voeren van reclame- en promotiecampagnes voor derden via de verschillende…” (deed in Dutch)
Go to Articles of association

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