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IMPFLEX

Active
Private limited companyfounded 199135 yrs activeMiddelveld 2, 1860 Meise, BelgiumKBO/BCE: BE 0444.465.777

IMPFLEX has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31k and a net result of €2k. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 82% of 7924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
88 / 100
Excellent▼ -12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability32▼-41
Solvency100▲+3
Growth49▼-3
Stability100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 4.55 against 2.17 in 2024), and 21.8% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
78.2%
Return on assets
5.7%
Age of the figures
9 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €31k
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 13-04-2026, 109 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
109 d early
2024
108 d early
2023
34 d early
2022
40 d early
2021
72 d early
2020
36 d early
2019
28 d early
← before the deadline after the deadline →
neutral · 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.
Companies Code · seven months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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

Financials · fiscal year 2025, abbreviated schema

Turnover
€92k▼ 15.4%
2024 · €108k
2018: €96k 2019: €116k 2020: €71k 2021: €84k 2022: €106k 2023: €80k 2024: €108k
2018 → 2025
EBIT margin
4.3%▼ 4.7pp
2024 · 9.0%
2018: 2.1% 2019: 2.2% 2020: -2.9% 2021: 2.1% 2022: -3.3% 2023: -7.4% 2024: 9.0%
2018 → 2025
Net result
€2k▼ 75.4%
2024 · €9k
2018: €2k 2019: €1k 2020: €-3k 2021: €401 2022: €-4k 2023: €-6k 2024: €9k
2018 → 2025
Working capital
€31k▲ 8.8%
2024 · €29k
2018: €30k 2019: €30k 2020: €28k 2021: €29k 2022: €13k 2023: €14k 2024: €29k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€84k-€106k▲ 26.8%€80k▼ 24.3%€108k▲ 35.0%€92k▼ 15.4%
Equity€30k-€26k▼ 13.7%€20k▼ 24.3%€29k▲ 46.4%€31k▲ 7.8%
Operating result€2k-€-4k€-6k▼ 70.2%€10k€4k▼ 59.7%
Net result€401-€-4k€-6k▼ 52.6%€9k€2k▼ 75.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€-5k€0€5k€10kOperating result 2021: €2k€2kNet result 2021: €401€401Operating result 2022: €-4k€-4kNet result 2022: €-4k€-4kOperating result 2023: €-6k€-6kNet result 2023: €-6k€-6kOperating result 2024: €10k€10kNet result 2024: €9k€9kOperating result 2025: €4k€4kNet result 2025: €2k€2k20212022202320242025
The operating result falls in 2025; 2025 is 60% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €40k
Fixed assets €261▼ 50.1%
Current assets €40k▼ 24.8%
Equity and liabilities €40k
Equity €31k▲ 7.8%
Debt €9k▼ 64.2%
The debt ratio falls from 45.6% to 21.8%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€4k
2024 · €11k
Cash flow
€3k
2024 · €11k
Solvency
78.2%
2024 · 54.4%
Current ratio
4.55
2024 · 2.17
Quick ratio
4.55
2024 · 2.17
Debt / equity
0.28
2024 · 0.84
ROE
7.2%
2024 · 31.7%
ROA
5.7%
2024 · 17.2%
Interest coverage
7.74
2024 · 24.03
Debt
€9k
2024 · €24k
Debt ≤ 1 year
€9k
2024 · €24k
Income taxes
€1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€54k€40k
Fixed assets21/28€523€261
Tangible fixed assets22/27€523€261
Furniture and vehicles24€523€261
Current assets29/58€53k€40k
Amounts receivable within one year40/41€33k€9k
Trade receivables40€32k€8k
Other amounts receivable41€609€609=
Current investments50/53€17k-
Cash at bank and in hand54/58€3k€28k
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€54k€40k
Equity10/15€29k€31k
Contributions10/11€20k€20k=
Reserves13€11k€11k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€-3k€-313
Amounts payable17/49€24k€9k
Amounts payable within one year42/48€24k€9k
Trade debts44€17k€6k
Suppliers440/4€17k€6k
Taxes, remuneration and social security45€7k€3k
Taxes450/3€7k€3k
Income statement Code20242025
Turnover70€108k€92k
Goods, raw materials, services and sundry goods60/61€95k€84k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€261
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€2k
Other operating charges640/8€2k€1k
Gross operating margin9900€13k€7k
Operating profit (loss)9901€10k€4k
Financial charges65/66B€459€539
Recurring financial charges65€459€539
Profit (loss) for the period before taxes9903€9k€3k
Income taxes67/77-€1k
Profit (loss) for the period9904€9k€2k
Profit (loss) for the period to be appropriated9905€9k€2k
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€-313
Profit (loss) brought forward from the previous period14P€-12k€-3k

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
13-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Liquidity doublescurrent ratio 4.55
Current ratio from 2.17 to 4.55; short-term debt falls from €24k to €9k.
14-04
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €9k
Net result €9k after 2 loss-making years.
27-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
21-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €401
Net result €401 after one loss-making year.
31-12
Financial Liquidity times 5current ratio 11.31
Current ratio from 2.40 to 11.31; short-term debt falls from €20k to €3k.
25-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
03-07
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
20-05
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Meise · 1 establishment unit since 1991
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Middelveld 21860 Meise
Ground area
566 m²
Building footprint
88 m²
Volume, LiDAR
525 m³
Parcel 23050D0402/00E000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMPFLEX SPRL
Middelveld 2 A, 1860 MeiseNACE 51520
since 19912.053.435.065
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23050D0402/00E000 Flanders 566 m² 1 · 88 m² 7.5 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 733 companies in sector 46820 we hold annual accounts for 387. 107 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded26-06-1991
Fiscal year end31-12
Activities, NACEBEL
46820Wholesale trade
93053
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.