IMPROVE
InactiveOverview
- Equity
- €764,525
- Loss
- -€25,040
- Holdings
- 2
- I-DEALDirector
SignalsneutralLatest accounts filed on timeShow the evidence
Signals
This company filed its last 7 accounts on average 31 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- Restructuring · End & cessationResignation: HELVEN Theo Robert (sole…
- RestructuringPermanent representative: Theo Helven ·…
- Annual accounts filedfinancial year 2025 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €19,802 after €41,504 in 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €77,214 | €98,393 | - | €32,488 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52,604 | €54,501 | €51,960 | €36,507 | €33,462 | €31,990 | €41,169 | €39,683 | ▼ 3.6% |
| Other operating charges640/8 | - | - | - | €13,598 | €3,838 | €4,375 | €4,253 | €4,909 | ▲ 15.4% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €4,056 | €6,790 | ▲ 67.4% |
| Gross operating margin9900 | €62,254 | -€32,440 | €13,249 | €92,374 | €37,444 | -€19,140 | €90,983 | €31,580 | ▼ 65.3% |
| Operating profit (loss)9901 | €4,822 | -€92,343 | -€45,260 | €42,269 | €144 | -€55,504 | €41,504 | -€19,802 | - |
| Financial income75/76B | - | - | - | €2,455 | €6,807 | €3,444 | €8,820 | €12,728 | ▲ 44.3% |
| Recurring financial income75 | €13,780 | €205,592 | €34,868 | €2,455 | €6,807 | €3,444 | €8,820 | €12,728 | ▲ 44.3% |
| Financial charges65/66B | - | - | - | €49,130 | €10,096 | €13,704 | €13,623 | €17,652 | ▲ 29.6% |
| Recurring financial charges65 | €17,089 | €28,960 | €17,509 | €9,130 | €10,096 | €13,704 | €13,623 | €17,652 | ▲ 29.6% |
| Non-recurring financial charges66B | - | - | - | €40,000 | €0 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €1,514 | €84,289 | -€27,902 | -€4,406 | -€3,145 | -€65,764 | €36,702 | -€24,726 | - |
| Income taxes67/77 | €5,689 | €175 | €164 | €11,358 | €166 | €218 | €408 | €315 | ▼ 22.8% |
| Profit (loss) for the period9904 | -€4,176 | €84,114 | -€28,066 | -€15,764 | -€3,311 | -€65,983 | €36,295 | -€25,040 | - |
| Profit (loss) for the period to be appropriated9905 | -€4,176 | €84,114 | -€28,066 | -€15,764 | -€3,311 | -€65,983 | €36,295 | -€25,040 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.6m | €1.3m | €1.2m | €1.0m | €1.1m | €1.2m | €1.2m | €1.3m | ▲ 11.5% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €1.1m | €1.0m | €0.9m | €0.8m | €0.8m | €0.9m | €0.9m | €0.9m | ▼ 5.6% |
| Intangible fixed assets21 | €0 | - | - | - | - | - | - | - | - |
| Tangible fixed assets22/27 | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | €0.8m | €0.8m | €0.8m | ▼ 6.3% |
| Land and buildings22 | - | - | - | €0.6m | €0.5m | €0.5m | €0.8m | €0.7m | ▼ 3.1% |
| Plant, machinery and equipment23 | - | - | - | €0.004m | €0.005m | €0.005m | €0.004m | €0.004m | ▼ 7.8% |
| Furniture and vehicles24 | - | - | - | €0.02m | €0.03m | €0.05m | €0.05m | €0.02m | ▼ 52.2% |
| Assets under construction and advance payments27 | - | - | - | - | €0.1m | €0.2m | €0 | - | - |
| Financial fixed assets28 | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Current assets29/58 | €0.6m | €0.4m | €0.3m | €0.2m | €0.3m | €0.3m | €0.3m | €0.5m | ▲ 68.9% |
| Stocks and contracts in progress3 | €0 | - | - | - | - | - | - | - | - |
| Amounts receivable within one year40/41 | €0.5m | €0.3m | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.4m | ▲ 75.3% |
| Trade receivables40 | - | - | - | €0.03m | €0.003m | €0.05m | €0.1m | €0.03m | ▼ 77.7% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.2m | €0.09m | €0.1m | €0.4m | ▲ 233% |
| Current investments50/53 | €0 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.07m | €0.07m | €0.09m | €0.003m | €0.08m | €0.1m | €0.02m | €0.02m | ▲ 0.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.02m | €0.01m | €0.02m | €0.004m | €0.004m | ▲ 2.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.6m | €1.3m | €1.2m | €1.0m | €1.1m | €1.2m | €1.2m | €1.3m | ▲ 11.5% |
| Equity10/15 | €0.8m | €0.9m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | ▼ 3.2% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | €0.8m | €0.7m | ▼ 3.2% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Tax-exempt reserves132 | - | - | - | - | €0.02m | - | €0.02m | €0.02m | = |
| Distributable reserves133 | - | - | - | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | ▼ 3.4% |
| Profit (loss) carried forward14 | -€0.004m | €0 | -€0.03m | -€0.04m | €0 | - | - | - | - |
| Provisions and deferred taxes16 | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | €0 | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €0.03m | €0.03m | €0.03m | €0 | - | - |
| Pensions and similar obligations160 | - | - | - | €0.03m | €0.03m | €0.03m | €0 | - | - |
| Amounts payable17/49 | €0.8m | €0.5m | €0.3m | €0.1m | €0.2m | €0.4m | €0.4m | €0.6m | ▲ 41.0% |
| Amounts payable after more than one year17 | €0.2m | €0.1m | €0.1m | €0.06m | €0.04m | €0.1m | €0.09m | €0.07m | ▼ 24.3% |
| Financial debts170/4 | - | - | - | €0.06m | €0.04m | €0.1m | €0.09m | €0.07m | ▼ 24.3% |
| Amounts payable within one year42/48 | €0.6m | €0.3m | €0.2m | €0.07m | €0.2m | €0.3m | €0.3m | €0.5m | ▲ 59.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | ▼ 3.0% |
| Financial debts43 | - | - | - | €0 | - | - | - | €0.1m | - |
| Credit institutions430/8 | - | - | - | €0 | - | - | - | €0.1m | - |
| Trade debts44 | €0.004m | €0.003m | €64 | €0.001m | €0.004m | €0.007m | €0.003m | €0.002m | ▼ 43.6% |
| Suppliers440/4 | - | - | - | €0.001m | €0.004m | €0.007m | €0.003m | €0.002m | ▼ 43.6% |
| Advances received on contracts in progress46 | - | - | - | €0.02m | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.001m | €0.006m | €0.001m | €0.002m | €0.02m | ▲ 624% |
| Taxes450/3 | - | - | - | €0.001m | €0.006m | €0.001m | €0.002m | €0.02m | ▲ 624% |
| Other amounts payable47/48 | - | - | - | €0.04m | €0.1m | €0.2m | €0.3m | €0.4m | ▲ 25.1% |
| Accrued charges and deferred income492/3 | - | - | - | €0.005m | €0.02m | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,176 | €84,114 | -€28,066 | -€15,764 | -€3,311 | -€65,983 | €36,295 | -€25,040 | - |
| + Depreciation and write-downs630 | €52,604 | €54,501 | €51,960 | €36,507 | €33,462 | €31,990 | €41,169 | €39,683 | ▼ 3.6% |
| Operating cash flow (approximation) | €48,428 | €138,615 | €23,894 | €20,744 | €30,151 | -€33,993 | €77,464 | €14,643 | ▼ 81.1% |
| Investment in fixed assets (approximation) | - | €21,982 | €5,678 | €128,562 | -€60,143 | -€147,780 | -€52,325 | €11,414 | - |
| Change in cash | - | €3,194 | €21,534 | -€88,665 | €76,027 | €25,490 | -€85,527 | €140 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 21 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-03-2026 | 2026-00071714 |
| 31-12-2024 | abbreviated format | 26-06-2025 | 2025-00200251 |
| 31-12-2023 | abbreviated format | 03-07-2024 | 2024-00209945 |
| 31-12-2022 | abbreviated format | 04-08-2023 | 2023-00315546 |
| 31-12-2021 | abbreviated format | 30-06-2022 | 2022-20112569 |
| 31-12-2020 | abbreviated format | 30-07-2021 | 2021-45100399 |
| 31-12-2019 | abbreviated format | 27-07-2020 | 2020-35400007 |
| 31-12-2018 | abbreviated format | 20-08-2019 | 2019-48100224 |
| 31-12-2017 | abbreviated format | 09-08-2018 | 2018-45600461 |
| 31-12-2016 | abbreviated format | 19-07-2017 | 2017-34000368 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| I-DEALfrom an act |
|
| HELVEN Theo Robert |
|
Owners and capital
Owners
1 ownerOwners 1
- Sourceact 11-05-2026share not stated
According to the 2025 annual accounts of IMPROVE and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 11-05-2026 Incorporation · €25,000 · 250 shares
- 11-05-2026 Incorporation · €18,600 · 1,860 shares
Group and network
Holdings and subsidiaries
2 holdingsHoldings 2
Source for every holding own accounts 2025
- I-DEALsubsidiaryEquity €67,201Result -€5899%
- Equity -€9,557Result -€11,61716.67%
According to the 2025 annual accounts of IMPROVE and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
The board mandates are listed below; here you explore them as a network.
Board mandates elsewhere
1 board mandateAcquisitions and mergers
1 transactionHistory
Acts, filings and financial milestones
26-08
Gazette deed
Restructuring · End & cessationResignation: HELVEN Theo Robert (sole director) · Incorporation · Merger35 facts ▸
- Incorporation, 01-04-2010
- Incorporation, 26-06-2002
- General meeting, 19-06-2026
- Merger, “geruisloze zusterfusie, artikel 12:7, 2° en artikel 12:50 WVV” (deed in Dutch)
- Declaration, “waiver of full reading of merger proposal, ontslag van integrale lezing” (deed in Dutch)
- Declaration, “no additional reports required, artikel 12:51 WVV” (deed in Dutch)
- Merger, “geruisloze zusterfusie, activiteiten met vergunningen, erkenningen, registratie, handelsnaam, bedrijfsorganisatie, boekhouding, cliënteel, immateriële bestandde…” (deed in Dutch)
- Dissolution, merger, “ophoudt te bestaan” (deed in Dutch)
- Asset distribution, “jaarrekening, hele vermogen” (deed in Dutch)
- Declaration, “no interim accounts, aandeelhouders en houders van effecten met stemrecht” (deed in Dutch)
- Share cancellation, “aandelen ingetrokken en vernietigd, fusie” (deed in Dutch)
- Declaration, “no new shares issued, enige aandeelhouder is houder van alle aandelen in dezelfde verhouding” (deed in Dutch)
- +23 further facts in this act
11-05
Gazette deed
RestructuringPermanent representative: Theo Helven · Merger · Incorporation17 facts ▸
- Merger, “geruisloze (zuster) fusie door overname” (deed in Dutch)
- Incorporation, 01-04-2010
- Registered office clause, “Vlaamse Gewest, 3530 Houthalen-Helchteren, Centrum-Zuid 3009” (deed in Dutch) (2 times)
- Founding capital, €25,000
- Capital, €12,500
- Director in office, I-DEAL (sole director)
- Permanent representative, Theo Helven
- Incorporation, 26-06-2002
- Name clause, IMPROVE
- Founding capital, €18,600
- Director in office, Theo Helven (sole director)
- Real estate
- +5 further facts in this act
05-01
Gazette deed
Registered officeRegistered-office move2 facts ▸
- Board meeting, 01-11-2023
- Registered-office move, Centrum-Zuid 3009,3530 Houthalen-Helchteren
Show earlier events
About the unread acts
Of the 10 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Absorbed by ILEX 10 in August 2026
IMPROVE is no longer in the KBO register: ILEX 10 took it over in a merger by absorption, published in the Belgian Official Gazette on 26 August 2026.
- Status
- Inactiveout of the register since 18 August 2026
- Reason
- Merger by absorption"silent merger", Belgian Official Gazette, 26 August 2026 · act
- Absorbed by
- ILEX 10 · 0824.632.830
- Last annual accounts
- financial year to 31 December 2025
- Last registered office
- Centrum-Zuid 3009, 3530 Houthalen-Helchterenas published on 26 August 2026
- Legal form
- Private limited company (pre-2019)
- Active since
- 1 July 2002
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72015C0713/00R000 | Flanders | 8,651 m² | 1 · 4,261 m² | 6.9 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De verwerving van participaties en belangen, onder welke vorm ook, met náme door inbreng in geld of in natura, inschrijving, fusie…” (deed in Dutch)
8 activities (deed in Dutch)
- De verwerving van participaties en belangen, onder welke vorm ook, met náme door inbreng in geld of in natura, inschrijving, fusie, splitsing, partiële splitsing of enige andere manier, in bestaande of op te richten vennootschappen en ondernemingen met commerciële, industriële, financiële, vastgoed of andere activiteiten, wat hun doel ook is;
- De verwerving, de vervreemding, de omruiling en het aanhouden, onder welke vorm ook, van effecten en andere financiële instrumenten, evenals het beheer van haar portfolio van effecten en andere financiële instrumenten;
- Het bestuur van, het toezicht op en de controle over vennootschappen en ondernemingen, in het bijzonder (maar niet beperkt tot) haar verbonden vennootschappen en vennootschappen waarin zij rechtstreeks of onrechtstreeks een participatie of belang aanhoudt, met name door er de functies van bestuurder, zaakvoerder, gedelegeerd bestuurder of, in voorkomend geval, vereffenaar uit te oefenen:
- Het in de ruimste zin van het woord verlenen van diensten - zowel consultancy ais implementatie-, advies en bijstand aan particulieren, de bedrijfswereld en de overheid hieronder begrepen het verlenen van adviezen van financiële, technische, (bedrijfs-)economische, sociale, organisatorische, commerciële of administratieve aard, adviesverlening rond marketing en marketing communicatie;
- Het organiseren en geven van opleidingen in de ruimste zin van het woord;
- Het maken van studies van diverse aard;
- Zowel voor eigen rekening, voor rekening van derden, als in deelneming met derden, bijdragen tot de vestiging en de ontwikkeling van ondernemingen;
- Het toestaan van leningen en kredietopeningen aan vennootschappen en particulieren, de borgstelling, het verlenen van aval en alle overige financiële verrichtingen behoudens deze die wettelijk voorbehouden zijn aan de banken, spaarkassen hypotheekmaatschappijen en kapitalisatieondernemingen en erkende financiële tussenpersonen;
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
Who represents it, and how
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of June at 14:00