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IMODENA

Active
Public limited companyfounded 1987active for 39 yearsGuldenberg 4, 2000 Antwerpen, BelgiumKBO/BCE: BE 0432.450.051
Summary

IMODENA has been active since 1987 and the Belgian Official 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 about 8.5% per year across the filed financial years. Its solvency ranks better than 37% of 11,120 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

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 (abbreviated format)
Financial health
93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
GULDENBERG INVESTERINGS - EN PARTICIPATIEMAATSCHAPPIJ · 100%
Holdings
3
Accounts 135 days early4 of 15 deeds read
Why 93raises riskLiquidity: current ratio 0.03, cash €28,971, halvedlowers riskSize: total assets €24.9mFounded in 1987Figures for financial year 2025 (filed 19-03-2026)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 49% of its sector peers (NACE 68, medium-sized)
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% (1,718 companies, NACE 68, medium-sized)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● unchanged vs 11-2024lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026highest value 05-2026: 0.1%● unchanged vs 04-2026highest value 06-2026: 0.1%● unchanged vs 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026highest value 08-2026: 0.1%● unchanged vs 07-2026highest value 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: 0.1%● unchanged vs 09-2026highest value
Credit of up to €420,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.03, compared with 0.03 in 2024, below 1; short-term debt: 45.9% and cash: 0.1% of total assets), and 81.6% of the assets are financed with debt and provisions.
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 68, medium-sized): better than 40% on solvency, 22% on liquidity, 57% on profitability and 79% on growth.

The bankruptcy probability was computed on 20-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.03, cash €28,971, halved
NBB · annual accounts
lowers risk · Size: total assets €24.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 19-03-2026)
NBB · annual accounts
neutral · 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 days early
2024
31 days early
2023
12 days early
2022
67 days early
2021
30 days early
2020
23 days early
2019
16 days 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 (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Where today falls in the filing period
21-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. RestructuringShareholding · Merger · Accounting…
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. RestructuringDeclaration · Real estate ·…

Key points

  • Positive: Among the best 5% on net resultsector median €10,113 · 11,111 companies €1.2m View
  • 4 restructurings in 2026latest: merger with BEMO 4 View
  • Positive: Filed on time since financial year 2018accounts 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…the company in turn controls 3 companies 100% View
  • Positive: Result rose in 2025from €877,260 to €1.2m ▲ 32.6% View

By topic

Financials

Financial year
2025
Total assets
€24.9m
Profit
€1.2m
Solvency
18.4%
Total assets▼ 1.1%
Net result
20182025
Go to Financials

Timeline

Events
44
Since
1988
Next accounts
by 31-07-2027
  1. 31-12-2025Highest result from 2018 to 2025
  2. 30-06-2025Annual accounts filed
  3. 09-09-2024Appointment: Deloitte BV (statutory auditor)
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased residential…NACE 68201
Founded
01-07-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
22
Annual meeting
Third Monday of May at 10:00
Purpose
“Alle roerende en onroerende verhandelingen, namelijk het aankopen, verkopen, verkavelen…” (deed in Dutch)
Go to Articles of association

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