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IMPERMO - STULTJENS

Active
Public limited companyfounded 1971active for 55 yearsTiensesteenweg 127, 3800 Sint-Truiden, BelgiumKBO/BCE: BE 0408.286.856
Summary

IMPERMO - STULTJENS has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.3m and a net result of €900,862. Equity has been stable since 2018 (±1.9% per year). Its solvency ranks better than 23% of 5,039 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Official details

Source: KBO
Status
Active since 04-05-1971 Normal situation
Activity
Retail trade NACE 47523and 2 others
Joint committees
100 Aanvullend Paritair Comité voor de werklieden
201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2025
Establishment units
2.005.907.639 3800 Sint-Truiden, since 01-05-1971
2.210.062.351 9230 Wetteren, since 01-10-2012and 14 others
Financial year end
31 December
Peppol
Reachable since 26-08-2025

Board and ownership

Board
  • BV CocolicoManaging director · permanent representative Stultjens Silvie
  • BV GrevensmolenManaging director · permanent representative Stultjens Luk
  • BV Pacta Quatuor BVManaging director · permanent representative Stultjens Filip
Auditor
BV MOORE AUDIT
Shareholders
  • STULTJENS GROUP· score 82annual accounts 2025
  • Filip STULTJENSannual accounts 2025
  • Luk STULTJENSannual accounts 2025
and 1 other shareholder

Financial position

68 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Annual accounts 2025
Turnover
€66.3m
▲ 11.5%
Profit
€900,862
▲ 33×
Equity
€3.3m
▲ 37.3%
Total assets
€26.7m
▲ 0.3%
Employees on 31-12-2025
128
▼ 2.3%
Score breakdownraises riskEquity €3.3m (12.4% of total assets)Liquidity: current ratio 0.44, cash €222,778, halvedSector: Retail trade (NACE 47)lowers riskSize: turnover €66.3m, 123.4 FTE, total assets €26.7mShow the evidence

Checked score

Score 2025
68 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 44% of medium-sized companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 37+3
equity 12.4% of total assets
Liquidity 6-3
short-term debt 82.1% · cash 0.8%
Profitability 62+4
return on assets 3.4%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (385 companies, NACE 47, medium-sized)
Last 24 months 12-2024: 1.4%highest value 01-2025: 1.4%● unchanged vs 12-2024highest value 02-2025: 1.3%▼ -0.1 percentage points vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.1%▼ -0.2 percentage points vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 1.1%● unchanged vs 05-2025 07-2025: 1.1%● unchanged vs 06-2025 08-2025: 1.1%● unchanged vs 07-2025 09-2025: 1.1%● unchanged vs 08-2025 10-2025: 1.1%● unchanged vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 0.8%▼ -0.3 percentage points vs 07-2026lowest value 09-2026: 0.8%● unchanged vs 08-2026lowest value 10-2026: 0.8%● unchanged vs 09-2026lowest value 11-2026: 0.8%● unchanged vs 10-2026lowest value
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.44 (0.43 in 2024), below 1. Short-term debt is 82.1% and cash 0.8% of total assets. 87.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 47, medium-sized). It does better than 29% of them on solvency, 9% on liquidity, 56% on profitability and 81% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Equity €3.3m (12.4% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 0.44, cash €222,778, halved
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Size: turnover €66.3m, 123.4 FTE, total assets €26.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 5039 sector peers (2025).
NBB · sector comparison
Position among 5039 sector peers
Solvency
better than 23%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €3.3m
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
122 days early
2023
35 days early
2022
107 days late
2021
31 days late
2020
31 days late
2019
29 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 7 July (4 of the last 5 accounts filed within 98 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Result rose in 2025from €27,701 to €900,862 ▲ 33× View
  • Positive: Higher net result than 92% of companies in retail tradesector median €40,073 · 5,038 companies €900,862 View
  • New directorslatest change 15-02-2026 · 3 in office 3 joined View

Recent changes

  1. · Gazette deed Capital decrease of €348,785.65 to €1,813,214.35
  2. · Gazette deed Reappointments: BV Cocolico, BV Grevensmolen and BV Pacta QuatuorPermanent representatives: Stultjens Silvie, Stultjens Luk and Stultjens Filip
  3. · Gazette deed Appointment: Moore Audit BV (statutory auditor)
All 19 events

Comparable companies

These companies have the same main activity as IMPERMO - STULTJENS: retail trade (NACE 47523). They are comparable in size and age: total assets between €3.3m and €20m, founded between 1981 and 2010.

CompanyTotal assetsTurnover
IMPERMO - STULTJENS Sint-Truiden€26.7m€66.3m
CARO-CONFORT Herve€15.0m€14.9m
OBJECT Tessenderlo-Ham€19.9m-
CARRELAGES GILLET Bastogne€6.0m€7.6m
SERRY tegels, natuursteen en parket Boortmeerbeek€6.2m-
TEGEL CONCEPT Huldenberg€3.3m-
SALVA - CARRO Schaarbeek€6.5m-
Full comparison

Key facts about IMPERMO - STULTJENS

What is the company number of IMPERMO - STULTJENS?
The company number of IMPERMO - STULTJENS is 0408.286.856. The VAT number is the same number with BE in front: BE 0408.286.856.
Where is IMPERMO - STULTJENS based?
The registered office is at Tiensesteenweg 127, 3800 Sint-Truiden.Company details
What does IMPERMO - STULTJENS do?
According to the KBO register, the main activity is retail trade (NACE 47523).
What is the legal form of IMPERMO - STULTJENS?
The legal form of IMPERMO - STULTJENS is Public limited company (NV).
When was IMPERMO - STULTJENS founded?
IMPERMO - STULTJENS was founded on 04-05-1971.
Is IMPERMO - STULTJENS still active?
Yes, IMPERMO - STULTJENS is an active enterprise in the KBO register.
How many employees does IMPERMO - STULTJENS have?
IMPERMO - STULTJENS had an average of 123.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does IMPERMO - STULTJENS fall under?
In its 2025 annual accounts, IMPERMO - STULTJENS states joint committees 100 (Aanvullend Paritair Comité voor de werklieden) and 201 (Paritair Comité voor de zelfstandige kleinhandel).
What is the turnover of IMPERMO - STULTJENS?
The turnover of IMPERMO - STULTJENS was €66.3m in financial year 2025, according to the filed annual accounts.
Is IMPERMO - STULTJENS profitable?
In financial year 2025, IMPERMO - STULTJENS made a profit of €900,862.
Where can I find the annual accounts of IMPERMO - STULTJENS?
IMPERMO - STULTJENS filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IMPERMO - STULTJENS due?
IMPERMO - STULTJENS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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