IMMAXE
ActiveSummary
IMMAXE has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €212,727 and a net result of €1,268. Equity is shrinking by ~8.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability38▲+19
Solvency88▲+8
Growth22=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 2.71 against 1.69 in 2024; short-term debt: 36.9% and cash: 0.2% of total assets), and 36.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.1%
Return on assets
0.4%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
2 d early
2023
23 d late
2022
453 d late
2021
7 d late
2020
24 d early
2019
64 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 56 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Turnover
€4,385▼ 81.6%
2020 · €23,801
EBIT margin
-653.3%▼ 700.1pp
2020 · 46.8%
Net result
€1,268▼ 30.1%
2024 · €1,815
Working capital
€212,727▲ 90.9%
2024 · €111,457
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
Turnover€4,385▼ 81.6%
Operating result-€28,647€2,220-€7,239-€42,957▼ 493%€4,046
Net result€221,650▲ 1,934%€2▼ 100.0%-€6,421€1,815€1,268▼ 30.1%
EBIT margin-653.3%▼ 700.1pp
Equity€236,062▼ 32.4%€236,065=€229,644▼ 2.7%€231,458▲ 0.8%€212,727▼ 8.1%
Total assets€480,799▲ 29.2%€333,755▼ 30.6%€319,419▼ 4.3%€423,141▲ 32.5%€337,283▼ 20.3%
Debt€160,811▲ 605%€14,778▼ 90.8%€7,877▼ 46.7%€161,182▲ 1,946%€124,556▼ 22.7%
Working capital€85,417€165,471▲ 93.7%€160,121▼ 3.2%€111,457▼ 30.4%€212,727▲ 90.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €4,046 after a loss of €42,957 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €337,283
Equity
€212,727 ▼ 8.1%
Provisions
€0 ▼ 100%
Debt
€124,556 ▼ 22.7%
Debt's share of the balance-sheet total falls from 38.1% to 36.9%. Equity and debt are lower.
Key figures and ratios
Current ratio
2.71▲
2024 · 1.69
Debt to equity
0.59▼
2024 · 0.70
ROE
0.6%▼
2024 · 0.8%
ROA
0.4%▼
2024 · 0.4%
Debt ≤ 1 year
€124,556▼
2024 · €161,182
Income taxes
€27,257▲
2024 · €5,687
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 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 0.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.7% |
| 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 75% 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 17,027 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €4,385 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,503 | €5,170 | €5,124 | €4,793 | - | - |
| Other operating charges640/8 | - | €4,148 | €398 | €1,970 | €248 | ▼ 87.4% |
| Gross operating margin9900 | -€9,729 | €11,538 | -€1,717 | -€36,193 | €4,293 | ▲ 112% |
| Operating profit (loss)9901 | -€28,647 | €2,220 | -€7,239 | -€42,957 | €4,046 | ▲ 109% |
| Financial charges65/66B | - | €3,231 | €196 | €940 | €6,021 | ▲ 541% |
| Recurring financial charges65 | €3,645 | €3,231 | €196 | €940 | €6,021 | ▲ 541% |
| Profit (loss) for the period before taxes9903 | €305,576 | -€1,011 | -€7,434 | -€43,897 | -€1,975 | ▲ 95.5% |
| Transfer from deferred taxes780 | - | €1,013 | €1,014 | €51,398 | €30,500 | ▼ 40.7% |
| Income taxes67/77 | - | - | - | €5,687 | €27,257 | ▲ 379% |
| Profit (loss) for the period9904 | €221,650 | €2 | -€6,421 | €1,815 | €1,268 | ▼ 30.1% |
| Transfer from tax-exempt reserves789 | - | €3,041 | €3,041 | €154,194 | €91,501 | ▼ 40.7% |
| Profit (loss) for the period to be appropriated9905 | -€30,126 | €3,043 | -€3,380 | €156,008 | €92,769 | ▼ 40.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €480,799 | €333,755 | €319,419 | €423,141 | €337,283 | ▼ 20.3% |
| Fixed assets21/28 | €382,002 | €160,418 | €155,295 | €150,502 | - | - |
| Tangible fixed assets22/27 | €382,002 | €160,418 | €155,295 | €150,502 | - | - |
| Land and buildings22 | - | €159,600 | €155,051 | €150,502 | - | - |
| Furniture and vehicles24 | - | €818 | €243 | - | - | - |
| Current assets29/58 | €98,797 | €173,337 | €164,125 | €272,639 | €337,283 | ▲ 23.7% |
| Amounts receivable within one year40/41 | €97,485 | €111,400 | €162,254 | €272,639 | €336,502 | ▲ 23.4% |
| Other amounts receivable41 | - | €111,400 | €162,254 | €272,639 | €336,502 | ▲ 23.4% |
| Cash at bank and in hand54/58 | €1,312 | €61,937 | €658 | €0 | €781 | ▲ 190,378% |
| Deferred charges and accrued income490/1 | - | - | €1,213 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €480,799 | €333,755 | €319,419 | €423,141 | €337,283 | ▼ 20.3% |
| Equity10/15 | €236,062 | €236,065 | €229,644 | €231,458 | €212,727 | ▼ 8.1% |
| Contributions10/11 | - | €121,468 | €121,468 | €121,468 | €121,468 | = |
| Capital10 | - | - | €121,468 | €121,468 | €121,468 | = |
| Issued capital100 | - | - | €121,468 | €121,468 | €121,468 | = |
| Reserves13 | €296,048 | €293,007 | €289,966 | €135,772 | €91,259 | ▼ 32.8% |
| Non-distributable reserves130/1 | - | €359 | €359 | €359 | €359 | = |
| Reserves not available under the articles1311 | - | €359 | €359 | €359 | €359 | = |
| Tax-exempt reserves132 | - | €248,735 | €245,695 | €91,501 | - | - |
| Distributable reserves133 | - | €43,913 | €43,913 | €43,913 | €90,900 | ▲ 107% |
| Profit (loss) carried forward14 | -€181,453 | -€178,410 | -€181,790 | -€25,782 | - | - |
| Provisions and deferred taxes16 | €83,925 | €82,912 | €81,898 | €30,500 | - | - |
| Deferred taxes168 | - | €82,912 | €81,898 | €30,500 | - | - |
| Amounts payable17/49 | €160,811 | €14,778 | €7,877 | €161,182 | €124,556 | ▼ 22.7% |
| Amounts payable after more than one year17 | €146,793 | €6,912 | €3,874 | - | - | - |
| Financial debts170/4 | - | €6,912 | €3,874 | - | - | - |
| Amounts payable within one year42/48 | €13,380 | €7,866 | €4,003 | €161,182 | €124,556 | ▼ 22.7% |
| Current portion of amounts payable after more than one year42 | - | €2,986 | €3,039 | - | - | - |
| Financial debts43 | - | - | - | €125,000 | - | - |
| Credit institutions430/8 | - | - | - | €125,000 | - | - |
| Trade debts44 | €942 | €4,880 | €445 | €4,275 | €8,770 | ▲ 105% |
| Suppliers440/4 | - | €4,880 | €445 | €4,275 | €8,770 | ▲ 105% |
| Taxes, remuneration and social security45 | - | - | - | €5,687 | €32,944 | ▲ 479% |
| Taxes450/3 | - | - | - | €5,687 | €32,944 | ▲ 479% |
| Other amounts payable47/48 | - | - | €520 | €26,220 | €82,842 | ▲ 216% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €221,650 | €2 | -€6,421 | €1,815 | €1,268 | ▼ 30.1% |
| + Depreciation and write-downs630 | €11,503 | €5,170 | €5,124 | €4,793 | - | - |
| Operating cash flow (approximation) | €233,154 | €5,172 | -€1,297 | €6,607 | €1,268 | ▼ 80.8% |
| Investment in fixed assets (approximation) | - | €216,414 | -€0 | €0 | - | - |
| Change in cash | - | €60,625 | -€61,279 | -€658 | €781 | ▲ 219% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €1,815
Net result €1,815 after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 453 days late
23-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
30-06
Financial
Weakest financial yearnet -€6,421
Net result drops to -€6,421, the lowest in the series; recovery starts the following year.
2022
30-06
Financial
Liquidity triplescurrent ratio 22.04
Current ratio from 7.38 to 22.04; short-term debt falls from €13,380 to €7,866.
07-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 7 days late
2021
30-06
Financial
Highest result since 2019net €221,650 ▲1,934%
Net result €221,650, the highest in the series.
30-06
Financial
Liquidity times 2136current ratio 7.38
Current ratio from 0.00 to 7.38; short-term debt falls from €22,799 to €13,380.
07-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
28-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
25-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
03-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Mons · 1 establishment unit since 1992
Ground area
1,058 m²
Building footprint
139 m²
Volume, LiDAR
1,305 m³
Parcel 53403E0663/00S000, Wallonia · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 establishment unit
IMMAXE SA
since 19922.056.068.616
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53403E0663/00S000 | Wallonia | 1,058 m² | 1 · 139 m² | 11.5 m · 3 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
Founded24-01-1992
Fiscal year end30-06
E-invoicing
Reachable via Peppol
Peppol ID
0208:0446421120
Also
9925:BE0446421120
Registered
05-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
General meetings
1 convocationOrdinary general meeting
Rapport du C.A. Approbation comptes annuels. Affec- tation résultats. Décharge administrateurs. Divers.