Impresa
ActiveThe file of Impresa contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.9% (low). The 2024 annual accounts show equity of €391,421 and a net result of €10,811. Equity is growing by ~26.6% per year across the filed fiscal years. Its solvency ranks better than 84% of 2098 sector peers (fiscal year 2024).
Checked score
Score 2024
Axes · tick = 2023
Profitability51▼-25
Solvency99▲+30
Growth78=
Track record85
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €23,000 at 30 days only on tighter terms
Liquidity ample (current ratio 3.83 against 1.77 in 2023; short-term debt: 25.5% and cash: 1.7% of total assets), and 26.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 151 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 21-05-2025, 21 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
21 d late
2023
21 d late
2022
26 d late
2021
30 d late
2020
17 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 19 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€391,421▲ 2.8%
2023 · €380,610
Total assets
€530,922▼ 38.9%
2023 · €869,501
Net result
€10,811▼ 77.2%
2023 · €47,350
Working capital
€382,501▲ 4.5%
2023 · €366,168
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€114,240▲ 355%€123,053▲ 7.7%€100,782▼ 18.1%€64,534▼ 36.0%€15,461▼ 76.0%
Net result€93,651above the sector's middle half▲ 373%€97,907above the sector's middle half▲ 4.5%€78,950within the sector's middle half▼ 19.4%€47,350within the sector's middle half▼ 40.0%€10,811within the sector's middle half▼ 77.2%
Equity€156,403above the sector's middle half▲ 149%€254,310above the sector's middle half▲ 62.6%€333,260within the sector's middle half▲ 31.0%€380,610within the sector's middle half▲ 14.2%€391,421within the sector's middle half▲ 2.8%
Total assets€490,277above the sector's middle half▲ 302%€655,122above the sector's middle half▲ 33.6%€773,556within the sector's middle half▲ 18.1%€869,501within the sector's middle half▲ 12.4%€530,922within the sector's middle half▼ 38.9%
Debt€333,874▲ 463%€400,812▲ 20.0%€440,296▲ 9.9%€488,891▲ 11.0%€139,501▼ 71.5%
Working capital€204,180above the sector's middle half▲ 278%€236,086above the sector's middle half▲ 15.6%€324,056within the sector's middle half▲ 37.3%€366,168within the sector's middle half▲ 13.0%€382,501within the sector's middle half▲ 4.5%
Solvency31.9%within the sector's middle half▼ 19.5pp38.8%within the sector's middle half▲ 6.9pp43.1%within the sector's middle half▲ 4.3pp43.8%within the sector's middle half▲ 0.7pp73.7%above the sector's middle half▲ 30.0pp
Current ratio1.78within the sector's middle half▼ 0.131.64within the sector's middle half▼ 0.141.77within the sector's middle half▲ 0.131.77within the sector's middle half=3.83above the sector's middle half▲ 2.06
Return on assets (ROA)19.1%above the sector's middle half▲ 2.9pp14.9%within the sector's middle half▼ 4.2pp10.2%above the sector's middle half▼ 4.7pp5.4%within the sector's middle half▼ 4.8pp2.0%within the sector's middle half▼ 3.4pp
Staff (FTE)0.5below the sector's middle half0.9▲ 80.0%1below the sector's middle half▲ 11.1%1within the sector's middle half=1within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2024 is 76% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €530,922
Fixed assets
€13,045 ▼ 50.4%
Current assets
€517,877 ▼ 38.6%
Equity and liabilities €530,922
Equity
€391,421 ▲ 2.8%
Debt
€139,501 ▼ 71.5%
Debt's share of the balance-sheet total falls from 56.2% to 26.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28,716▼
2023 · €81,246
Cash flow
€24,066▼
2023 · €64,062
Quick ratio
3.06▲
2023 · 1.42
Debt to equity
0.36▼
2023 · 1.28
ROE
2.8%▼
2023 · 12.4%
Interest coverage
3.55▼
2023 · 9.87
Debt ≤ 1 year
€135,376▼
2023 · €477,033
Debt > 1 year
€4,125▼
2023 · €11,858
Income taxes
€5,681▼
2023 · €20,400
Staff costs
€60,032▲
2023 · €58,596
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 10,905 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €45,975 | €53,986 | €58,596 | €60,032 | ▲ 2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,191 | €18,959 | €20,947 | €16,712 | €13,255 | ▼ 20.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€13,177 | - | - | - |
| Other operating charges640/8 | - | €4,433 | €14,891 | €1,747 | €2,713 | ▲ 55.3% |
| Non-recurring operating charges66A | - | €915 | €665 | €1,012 | €2,340 | ▲ 131% |
| Gross operating margin9900 | €142,547 | €193,335 | €178,094 | €142,601 | €93,801 | ▼ 34.2% |
| Operating profit (loss)9901 | €114,240 | €123,053 | €100,782 | €64,534 | €15,461 | ▼ 76.0% |
| Financial income75/76B | - | €7,823 | €12,687 | €11,451 | €9,123 | ▼ 20.3% |
| Recurring financial income75 | €11,665 | €7,823 | €12,687 | €11,451 | €9,123 | ▼ 20.3% |
| Financial charges65/66B | - | €3,806 | €4,264 | €8,235 | €8,092 | ▼ 1.7% |
| Recurring financial charges65 | €1,701 | €3,806 | €4,264 | €8,235 | €8,092 | ▼ 1.7% |
| Profit (loss) for the period before taxes9903 | €124,204 | €127,070 | €109,205 | €67,750 | €16,492 | ▼ 75.7% |
| Income taxes67/77 | €30,553 | €29,163 | €30,255 | €20,400 | €5,681 | ▼ 72.2% |
| Profit (loss) for the period9904 | €93,651 | €97,907 | €78,950 | €47,350 | €10,811 | ▼ 77.2% |
| Profit (loss) for the period to be appropriated9905 | €93,651 | €97,907 | €78,950 | €47,350 | €10,811 | ▼ 77.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €490,277 | €655,122 | €773,556 | €869,501 | €530,922 | ▼ 38.9% |
| Fixed assets21/28 | €23,809 | €47,693 | €28,814 | €26,300 | €13,045 | ▼ 50.4% |
| Tangible fixed assets22/27 | €23,809 | €47,693 | €28,814 | €26,300 | €13,045 | ▼ 50.4% |
| Plant, machinery and equipment23 | - | €15,169 | €9,117 | €14,011 | €8,168 | ▼ 41.7% |
| Furniture and vehicles24 | - | €32,524 | €19,697 | €12,289 | €4,877 | ▼ 60.3% |
| Current assets29/58 | €466,468 | €607,429 | €744,742 | €843,201 | €517,877 | ▼ 38.6% |
| Amounts receivable after more than one year29 | - | €156,000 | €144,000 | €144,000 | €144,000 | = |
| Trade receivables290 | - | - | €144,000 | €144,000 | €144,000 | = |
| Other amounts receivable291 | - | €156,000 | - | - | - | - |
| Stocks and contracts in progress3 | - | - | €60,516 | €167,753 | €103,901 | ▼ 38.1% |
| Stocks30/36 | - | - | - | - | €19,398 | - |
| Contracts in progress37 | - | - | €60,516 | €167,753 | €84,503 | ▼ 49.6% |
| Amounts receivable within one year40/41 | €224,579 | €325,611 | €497,664 | €519,191 | €248,410 | ▼ 52.2% |
| Trade receivables40 | - | €235,244 | €365,417 | €290,248 | €62,222 | ▼ 78.6% |
| Other amounts receivable41 | - | €90,367 | €132,247 | €228,943 | €186,188 | ▼ 18.7% |
| Cash at bank and in hand54/58 | €97,889 | €102,627 | €37,914 | €7,954 | €8,916 | ▲ 12.1% |
| Deferred charges and accrued income490/1 | - | €23,191 | €4,648 | €4,303 | €12,650 | ▲ 194% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €490,277 | €655,122 | €773,556 | €869,501 | €530,922 | ▼ 38.9% |
| Equity10/15 | €156,403 | €254,310 | €333,260 | €380,610 | €391,421 | ▲ 2.8% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €137,803 | €235,710 | €314,660 | €362,010 | €372,821 | ▲ 3.0% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €233,850 | €312,800 | €360,150 | €370,961 | ▲ 3.0% |
| Amounts payable17/49 | €333,874 | €400,812 | €440,296 | €488,891 | €139,501 | ▼ 71.5% |
| Amounts payable after more than one year17 | €5,133 | €29,469 | €19,610 | €11,858 | €4,125 | ▼ 65.2% |
| Financial debts170/4 | - | €29,469 | €19,610 | €11,858 | €4,125 | ▼ 65.2% |
| Amounts payable within one year42/48 | €262,288 | €371,343 | €420,686 | €477,033 | €135,376 | ▼ 71.6% |
| Current portion of amounts payable after more than one year42 | - | €9,581 | €9,859 | €7,752 | €7,734 | ▼ 0.2% |
| Trade debts44 | €218,301 | €332,950 | €396,516 | €442,444 | €71,919 | ▼ 83.7% |
| Suppliers440/4 | - | €332,950 | €396,516 | €442,444 | €71,919 | ▼ 83.7% |
| Taxes, remuneration and social security45 | - | €28,812 | €14,311 | €26,837 | €55,723 | ▲ 108% |
| Taxes450/3 | - | €23,163 | €6,584 | €21,046 | €31,777 | ▲ 51.0% |
| Remuneration and social security454/9 | - | €5,649 | €7,727 | €5,791 | €23,946 | ▲ 314% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €93,651 | €97,907 | €78,950 | €47,350 | €10,811 | ▼ 77.2% |
| + Depreciation and write-downs630 | €6,191 | €18,959 | €20,947 | €16,712 | €13,255 | ▼ 20.7% |
| Operating cash flow (approximation) | €99,842 | €116,866 | €99,897 | €64,062 | €24,066 | ▼ 62.4% |
| Investment in fixed assets (approximation) | - | -€42,843 | -€2,068 | -€14,198 | €0 | ▲ 100% |
| Change in cash | - | €4,738 | -€64,713 | -€29,960 | €962 | ▲ 103% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 21 days late
2024
30-09
Financial
Liquidity doublescurrent ratio 3.83
Current ratio from 1.77 to 3.83; short-term debt falls from €477,033 to €135,376.
21-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 21 days late
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 26 days late
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-09
Financial
Highest result since 2018net €97,907 ▲4.5%
Operating result €123,053, net result €97,907, both a record.
30-09
Financial
Equity above €200,000Eq €254,310 ▲62.6%
4 profitable years in a row build equity to €254,310.
17-05
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
30-09
Financial
Equity above €150,000Eq €156,403 ▲149%
3 profitable years in a row build equity to €156,403.
29-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 44 days late
Show earlier events
01-06
Bankruptcy
Bankruptcy reversal
Rechtbank van koophandel Gent, afdeling Dendermonde
26-04
Bankruptcy
Opening
Rechtbank van koophandel Gent, afdeling Dendermonde · event 23-04-2018
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
2016
04-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Lede · 1 establishment unit since 2011
Ground area
3,138 m²
Building footprint
231 m²
Volume, LiDAR
1,376 m³
Parcel 41032B0077/00H000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ledestraat 92A, 9340 Lede
since 20112.202.719.748
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41032B0077/00H000 | Flanders | 3,137 m² | 1 · 231 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Mr BAILLON PHILIPPE NOORDLAAN 172/1, 9200 DENDERMONDE |
23-04-2018 → 01-06-2018 |
Recognitions · licences · registrations
Food safety, FASFC
1 siteLede2.202.719.748
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Of 29,785 companies in sector 41001 we hold annual accounts for 16,058. 10,157 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded06-09-2011
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
68121Development of residential building projects
43910Bricklaying and masonry work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0839042575
Also
9925:BE0839042575
Registered
13-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.