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Imodec

Active Public limited companyfounded 1968active for 58 yearsHondenwetstraat 16, 1170 Watermael-BoitsfortKBO/BCE: BE 0403.373.411

Lifetime

20 annual accounts with figures on one time axis, 49 filings since 1977
peak -€313 (2012)
-€2,579▲ €2,840
lowest -€36,516 (2020)
-€6,589▲ €1,093
peak €363,248 (2014)
€53,976▼ 10.9%
€612▲ 0.2%
Board4 names since 2015
2 directors and 1 other
Documentsfilings and deeds
15-06-202646 days before the deadline
2025micro format
Gross margin from -€5,420 to -€2,579Loss of €6,589

Key points

from the 2025 annual accounts

Equity

€53,976 from €363,248 in 2014

Equity fell by 85% in 11 years.

Losses

-€106,798 in eleven years
20152016201720182019-36,51620202021202220232024-6,5892025

Every financial year from 2015 to 2025 closed with a loss. 2020 was the heaviest.

Filings

49 annual accounts since 1977
AprilJune31 JulyOctober1980199520102025

The last five annual accounts were filed 33 to 53 days before the end of the period.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,828 companies had the same profile as Imodec has now. Each dot stands for 15 companies, two years later.

84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,828 companies, not a prediction for Imodec. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director,
Director, since 04-06-2024

Shares in 1 company,

Board & ownership

Recent changes

Appointment: (director) General meeting of 04-06-2024 · Gazette deed
3 directors reappointed (managing director), and · General meeting of 11-05-2021 · Gazette deed
3 directors appointed (managing director), and · General meeting of 12-05-2015 · Gazette deed
First establishment Hondenwetstraat 16, Watermael-Boitsfort
All 59 events

Official details

Source: KBO
Status
ActiveNormal situation
Activity
No activity registered in the KBO
Establishment unit
2.001.441.3821170 Watermael-Boitsfort, since 01-05-1967
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2025

€54,587▼ 10.8%
Filing
Filed on 15-06-2026, 46 days before the end of the filing period
Financials

Insights on Imodec

Imodec files the micro format. That format states no turnover. The gross margin rose from -€6,592 in 2006 to -€2,579 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Imodec

What is the company number of Imodec?
The company number of Imodec is 0403.373.411. The VAT number is the same number with BE in front: BE 0403.373.411.
Where is Imodec based?
The registered office is at Hondenwetstraat 16, 1170 Watermael-Boitsfort.Company details
What is the legal form of Imodec?
Imodec is a public limited company (NV).
When was Imodec founded?
Imodec was founded on 01-01-1968.
Is Imodec still active?
Yes, Imodec is an active enterprise in the KBO register.
What is the turnover of Imodec?
The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
Is Imodec profitable?
In financial year 2025, Imodec made a loss of €6,589.
Where can I find the annual accounts of Imodec?
Imodec filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Imodec due?
Imodec must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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