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IMPAIR SOLUTION

Active
Private limited companyfounded 2024active for 2 yearsMaria-Louizasquare 4, 1000 Brussel, Belgium46 active companies are registered at this addressKBO/BCE: BE 1010.639.040
Summary

The computed 12-month bankruptcy probability of IMPAIR SOLUTION is 6.7% (elevated). The 2025 annual accounts show negative equity (-€2,463) and a net result of -€2,463. Its solvency ranks better than 8% of 2,749 sector peers (NACE 41, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (20 days) Filed on 20 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00042165.

Equity
-€2,463
Total assets
€14,734
Net result
-€2,463
Working capital
-€12,119

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €12,690
Fixed assets €7,612
Current assets €5,078
Equity and liabilities
Equity-€2,463
Debt€17,197
Equity is negative: debt (€17,197) exceeds the balance-sheet total (€14,734).
Key figures and ratios
2025 value
EBITDA
-€1,397
Cash flow
-€1,397
Solvency
-16.7%
Current ratio
0.30
ROA
-16.7%
Interest coverage
-283.96
Debt
€17,197
Debt ≤ 1 year
€17,197
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 84.9% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
84.9% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 6.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 7,638 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€14,734
Formation expenses20€2,044
Fixed assets21/28€7,612
Tangible fixed assets22/27€7,612
Furniture and vehicles24€7,612
Current assets29/58€5,078
Amounts receivable within one year40/41€3,622
Other amounts receivable41€3,622
Cash at bank and in hand54/58€1,456
Equity and liabilities
Total equity and liabilities10/49€14,734
Equity10/15-€2,463
Profit (loss) carried forward14-€2,463
Amounts payable17/49€17,197
Amounts payable within one year42/48€17,197
Trade debts44€13,533
Suppliers440/4€13,533
Advances received on contracts in progress46€1,000
Taxes, remuneration and social security45€2,251
Remuneration and social security454/9€2,251
Other amounts payable47/48€413
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,066
Other operating charges640/8€395
Non-recurring operating charges66A€400
Gross operating margin9900-€602
Operating profit (loss)9901-€2,463
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€5
Recurring financial charges65€5
Profit (loss) for the period before taxes9903-€2,463
Profit (loss) for the period9904-€2,463
Profit (loss) for the period to be appropriated9905-€2,463
Appropriation of the result
Profit (loss) to be appropriated9906-€2,463

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,066
Other operating charges640/8€395
Non-recurring operating charges66A€400
Gross operating margin9900-€602
Operating profit (loss)9901-€2,463
Financial income75/76B€5
Recurring financial income75€5
Financial charges65/66B€5
Recurring financial charges65€5
Profit (loss) for the period before taxes9903-€2,463
Profit (loss) for the period9904-€2,463
Profit (loss) for the period to be appropriated9905-€2,463
Line2025
Assets
Total assets20/58€14,734
Formation expenses20€2,044
Fixed assets21/28€7,612
Tangible fixed assets22/27€7,612
Furniture and vehicles24€7,612
Current assets29/58€5,078
Amounts receivable within one year40/41€3,622
Other amounts receivable41€3,622
Cash at bank and in hand54/58€1,456
Equity and liabilities
Total equity and liabilities10/49€14,734
Equity10/15-€2,463
Profit (loss) carried forward14-€2,463
Amounts payable17/49€17,197
Amounts payable within one year42/48€17,197
Trade debts44€13,533
Suppliers440/4€13,533
Advances received on contracts in progress46€1,000
Taxes, remuneration and social security45€2,251
Remuneration and social security454/9€2,251
Other amounts payable47/48€413
Line2025
Profit (loss) for the period9904-€2,463
+ Depreciation and write-downs630€1,066
Operating cash flow (approximation)-€1,397

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 abbreviated format 20-02-2026 2026-00042165

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 29,196 active companies whose main activity is general construction of residential buildings (NACE 41001), figures are known for 16,159. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.