IMODENA

Active

Public limited companyfounded 198739 yrs activeGuldenberg 4, 2000 Antwerpen, BelgiumKBO/BCE: BE 0432.450.051

Summary

IMODENA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.6m and a net result of €1.2m. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 37% of 10958 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch Report Compare

IMODENAActiveChecked score 93/100

Risk analysis Report Compare

Activity

Renting and operating of own or leased residential real estate, excluding social housing

NACE 68201

1 site

Size

€24.9mtotal assets 2025

Equity: €4.6m
Profit: €1.2m

Turnover not published (abridged schema)

Financial health

93 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.1%

Structure

Parent: GULDENBERG INVESTERINGS - EN PARTICIPATIEMAATSCHAPPIJ · 100%
Holdings: 4

Accounts 135 d early2 of 15 deeds read

Why 93- Liquidity: current ratio 0.03, cash €28,971, halved+ Size: total assets €24.9m+ Founded in 1987+ Figures for FY 2025 (filed 19-03-2026)Show the evidence

Checked score

Score 2025

93 / 100

Excellent

Probability in this band: under 0.55%

Better than 49% of its sector peers (NACE 68, medium-sized)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 43+2

equity 18.4% of total assets

Liquidity 28-1

short-term debt 45.9% · cash 0.1%

Profitability 49+8

return on assets 4.7%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,713 companies)

Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● 0.0% vs 11-2024lowest value 01-2025: 0.1%● 0.0% vs 12-2024lowest value 02-2025: 0.1%▲ +1.9% vs 01-2025 03-2025: 0.1%▲ +5.7% vs 02-2025 04-2025: 0.1%▲ +5.4% vs 03-2025 05-2025: 0.1%▲ +15.3% vs 04-2025 06-2025: 0.1%▲ +16.2% vs 05-2025 07-2025: 0.1%▼ -27.8% vs 06-2025 08-2025: 0.1%● 0.0% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▲ +1.8% vs 01-2026 03-2026: 0.1%▲ +1.7% vs 02-2026 04-2026: 0.1%▲ +71.2% vs 03-2026highest value 05-2026: 0.1%● 0.0% vs 04-2026highest value 06-2026: 0.1%● 0.0% vs 05-2026highest value 07-2026: 0.1%● 0.0% vs 06-2026highest value 08-2026: 0.1%● 0.0% vs 07-2026highest value 09-2026: 0.1%● 0.0% vs 08-2026highest value 10-2026: 0.1%● 0.0% vs 09-2026highest value

Liquidity: current ratio 0.03, cash €28,971, halved raises the probability
Size: total assets €24.9m lowers the probability for this profile
Founded in 1987 lowers the probability for this profile
Figures for FY 2025 (filed 19-03-2026) lowers the probability

Credit up to €420,000 at 30 days acceptable

Liquidity short (current ratio 0.03 against 0.03 in 2024; short-term debt: 45.9% and cash: 0.1% of total assets), and 81.6% 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 68, medium-sized). Better than this share of them on solvency 40%, liquidity 22%, profitability 57%, growth against the median 78%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. 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.

Credit check for your own amount and term

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Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Liquidity: current ratio 0.03, cash €28,971, halved

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Size: total assets €24.9m

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Founded in 1987

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Figures for FY 2025 (filed 19-03-2026)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-03-2026, 135 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

135 d early

2024

31 d early

2023

12 d early

2022

67 d early

2021

30 d early

2020

23 d early

2019

16 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 30 June (4 of the last 5 filed years within 36 days of that day).

Companies Code · seven months

Position in the running window

04-10-2026 today31-12-2026 close31-07-2027 deadline

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

21-05-26 RestructuringShareholding · Merger · Accounting…
18-03-26 Annual accounts filedfiscal year 2025 · abbreviated…
24-02-26 RestructuringDeclaration · Real estate ·…

Key points

Positive: Among the best 5% on net resultsector median €10,301 · 10,946 companies €1.2m View
4 restructurings since 2026latest: merger with Beelaerts - Interior - Coordination NV 4 View
Positive: Always filed on timeaccounts within the deadline every year 8 years View
Positive: 8 profitable years in a rowprofit 2025: €1.2m 8 years View
Controlled by GULDENBERG INVESTERINGS - EN…itself parent of 4 companies 100% View
Positive: Result rose in 2025from €877,260 to €1.2m ▲ 32.6% View