IMPPROVE
ActiveThe annual accounts of IMPPROVE for fiscal year 2025 show a net loss of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €29k and a net result of €-55k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 16% of 31642 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-74
Solvency34▼-14
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.08 against 1.3 in 2024; short-term debt: 91.1% and cash: 24.3% of total assets), and 91.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
8.9%
Return on assets
-17%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 31642 sector peers (2025).
NBB · sector comparisonPosition among 31642 sector peers
Solvency
better than 16%
← weakest
strongest →
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 29-07-2026, 2 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
2 d early
2024
3 d early
2023
12 d early
2022
29 d late
2021
12 d late
← 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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€29k▼ 65.6%
2024 · €84k
2021: €4k
2022: €133k
2023: €270k
2024: €84k
2021 → 2025
Total assets
€322k▼ 11.2%
2024 · €363k
2021: €134k
2022: €416k
2023: €366k
2024: €363k
2021 → 2025
Net result
€-55k
2024 · €14k
2021: €1k
2022: €129k
2023: €137k
2024: €14k
2021 → 2025
Working capital
€24k▼ 71.4%
2024 · €84k
2021: €3k
2022: €133k
2023: €270k
2024: €84k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€133k▲ 3,384%€270k▲ 103%€84k▼ 69.0%€29k▼ 65.6%
Operating result€2k-€175k▲ 8,189%€185k▲ 5.7%€21k▼ 88.8%€-55k
Net result€1k-€129k▲ 9,714%€137k▲ 6.0%€14k▼ 89.9%€-55k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €55k after €21k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €322k
Fixed assets
€5k
Current assets
€317k
Equity and liabilities €322k
Equity
€29k▼ 65.6%
Debt
€293k▲ 5.1%
The debt ratio rises from 76.9% to 91.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-54k▼
2024 · €21k
Cash flow
€-55k▼
2024 · €14k
Solvency
8.9%▼
2024 · 23.1%
Current ratio
1.08▼
2024 · 1.30
Quick ratio
1.08▼
2024 · 1.30
Debt / equity
10.18▲
2024 · 3.34
ROE
-190.3%▼
2024 · 16.5%
ROA
-17.0%▼
2024 · 3.8%
Interest coverage
-402.93▼
2024 · 148.70
Debt
€293k▲
2024 · €279k
Debt ≤ 1 year
€293k▲
2024 · €279k
Income taxes
€-9▼
2024 · €7k
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€363k€322k▼
Fixed assets21/28-€5k
Intangible fixed assets21-€2k
Financial fixed assets28-€3k
Current assets29/58€363k€317k▼
Amounts receivable within one year40/41€133k€239k▲
Trade receivables40€69k€169k▲
Other amounts receivable41€64k€70k▲
Cash at bank and in hand54/58€229k€78k▼
Equity and liabilities
Total equity and liabilities10/49€363k€322k▼
Equity10/15€84k€29k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€81k€26k▼
Amounts payable17/49€279k€293k▲
Amounts payable within one year42/48€279k€293k▲
Trade debts44€70k€108k▲
Suppliers440/4€70k€108k▲
Advances received on contracts in progress46-€5k
Other amounts payable47/48€209k€179k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€97€290▲
Gross operating margin9900€21k€-54k▼
Operating profit (loss)9901€21k€-55k▼
Financial income75/76B€47-
Recurring financial income75€47-
Financial charges65/66B€139€135▼
Recurring financial charges65€139€135▼
Profit (loss) for the period before taxes9903€21k€-55k▼
Income taxes67/77€7k€-9▼
Profit (loss) for the period9904€14k€-55k▼
Profit (loss) for the period to be appropriated9905€14k€-55k▼
Appropriation of the result
Profit (loss) to be appropriated9906€281k€26k▼
Profit (loss) brought forward from the previous period14P€267k€81k▼
Profit to be distributed694/7€200k-
Return on contributions (dividend)694€200k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-55k ▼497%
Net result drops to €-55k, the lowest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2021net €137k ▲6%
Operating result €185k, net result €137k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 3.80
Current ratio from 1.47 to 3.80; short-term debt falls from €283k to €96k.
31-12
Financial
Equity above €200kEq €270k ▲103%
3 profitable years in a row build equity to €270k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Equity above €100kEq €133k ▲3384%
2 profitable years in a row build equity to €133k.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 2021
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.
Kardinaalsstraat 311000 BrusselGround area
237 m²
Building footprint
239 m²
Volume, LiDAR
3,406 m³
Parcel 21806F0128/00A005, Brussels · tallest building 19.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
IMPPROVE
since 20212.321.569.591
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21806F0128/00A005 | Brussels | 236 m² | 1 · 239 m² | 19.1 m · 5 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.
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Of 82,570 companies in sector 70200 we hold annual accounts for 52,573. 34,145 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-08-2021
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:ytanghe@hotmail.com