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IMPACTHEO

Active
Public limited companyfounded 2003active for 23 yearsFranklin Rooseveltlaan 50, 1050 Brussel, Belgium115 active companies are registered at this addressKBO/BCE: BE 0859.775.138
Summary

IMPACTHEO has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €8.8m and a net result of €885,119. Equity remains stable across the filed financial years (±2% per year). The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Activity not known1 site
Size
€15.3mtotal assets 2024
Staff
1 FTE
Equity
€8.8m
Profit
€885,119
Financial health
56 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.1%
Structure
Parent
Université Libre de Bruxelles · 99%
Holdings
7
Accounts 73 days overdue0 of 14 deeds read
Why 56raises riskCapped at 59: a confirmed filing findingNo main activity registeredFigures for financial year 2024 (filed 21-08-2025)lowers riskFounded in 2003Liquidity: current ratio 68.42, cash €4.0mShow the evidence

Checked score

Score 2024
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 53% of its sector peers (no NACE code, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Strong
Solvency 82+2
equity 57.2% of total assets
Liquidity 83+18
short-term debt 0.6% · cash 26.3%
Profitability 26+16
return on assets 5.8%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.7%▲ +0.1 percentage points vs 05-2025 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 0.2%▼ -1.3 percentage points vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025lowest value 11-2025: 0.2%● unchanged vs 10-2025lowest value 12-2025: 0.2%● unchanged vs 11-2025lowest value 01-2026: 0.2%● unchanged vs 12-2025lowest value 02-2026: 0.2%● unchanged vs 01-2026lowest value 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.5%▲ +0.3 percentage points vs 07-2026 09-2026: 0.6%▲ +0.1 percentage points vs 08-2026 10-2026: 1.1%▲ +0.5 percentage points vs 09-2026
Credit of up to €490,000 on 30-day terms, only on tighter conditions
Liquidity ample (current ratio 68.42, compared with 83.67 in 2023; short-term debt: 0.6% and cash: 26.3% of total assets), and 42.8% 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 (no NACE code, micro): better than 49% on solvency, 75% on liquidity, 19% on profitability and 69% on growth.

The bankruptcy probability was computed on 11-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · No main activity registered
KBO
raises risk · Figures for financial year 2024 (filed 21-08-2025)
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Liquidity: current ratio 68.42, cash €4.0m
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 73 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline12-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
20 days late
2023
23 days early
2022
28 days late
2021
41 days early
2020
4 days late
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 4 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Board meeting · Director in officePermanent representative · Other provision
  2. Duration · Founding capitalKind of shares · Board…
  3. Founder · Representation ruleDirector in office · Other…

Key points

  • Positive: Back in profit in 2024after -€1.0m in 2023 €885,119 View
  • Caution: Accounts not fileddeadline was 31-07-2026 73 days late View
  • Controlled by Université Libre de Bruxellesthe company in turn controls 1 companies 99% View

By topic

Financials

Financial year
2024
Total assets
€15.3m
Profit
€885,119
Solvency
57.2%
Total assets▲ 6.8%
Net result
20182024
Go to Financials

Timeline

Events
36
Since
2005
  1. 20-08-2025Annual accounts filed
  2. 11-04-2025General meeting · Director resignation
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
25-07-2003
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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