Financials
- Fiscal year
- 2024
- Total assets
- €193,831
- Loss
- -€3,528
- Solvency
- 26.7%
IMODECOFORM
ActiveSummary
The computed 12-month bankruptcy probability of IMODECOFORM is 2.2% (moderate). The 2024 annual accounts show equity of €51,825 and a net result of -€3,528. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 45% of 26034 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Retail sale of lighting equipment
NACE 47552NACE 47592NACE 52442
1 site
Size
€193,831total assets 2024
- Equity
- €51,825
- Loss
- -€3,528
Turnover not published (abridged schema)
Structure
Accounts 63 d overdue0 of 3 deeds read
Why 52- Figures for FY 2024 (filed 31-08-2025)- Liquidity: current ratio 0.14, cash €1,066, halved- 1 financial year not filed after the legal deadline; latest accounts 31 days late; 2 of the last 3 late+ Founded in 2004Show the evidence
Checked score
Score 2024
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 31% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
52-1
equity 26.7% of total assets
Liquidity
11-2
short-term debt 72.9% · cash 0.5%
Profitability
59-10
return on assets -1.8%
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 4 months
07-2026: 0.8%lowest value
08-2026: 1.5%▲ +78.1% vs 07-2026
09-2026: 1.7%▲ +14.4% vs 08-2026
10-2026: 2.2%▲ +28.2% vs 09-2026highest value
- Figures for FY 2024 (filed 31-08-2025) raises the probability
- Founded in 2004 lowers the probability for this profile
- Liquidity: current ratio 0.14, cash €1,066, halved raises the probability
- 1 financial year not filed after the legal deadline; latest accounts 31 days late; 2 of the last 3 late raises the probability
Credit up to €2,500 at 30 days acceptable
Liquidity short (current ratio 0.14 against 0.11 in 2023; short-term debt: 72.9% and cash: 0.5% of total assets), and 73.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 47, micro). Better than this share of them on solvency 42%, liquidity 12%, profitability 42%, growth against the median 29%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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
not confirmed
2024
31 d late
2023
29 d late
2022
31 d late
2021
53 d early
2020
22 d early
2019
25 d early
← 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 2 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Key points
By topic
Timeline
- Events
- 12
- Since
- 2016
- 31-08-2025Annual accounts filed
- 29-08-2024Annual accounts filed
- 31-08-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Retail sale of lighting equipmentNACE 47552
- Founded
- 26-11-2004
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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