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IMPROVERP

Active Private limited companyfounded 2000active for 25 yearsTervuursesteenweg 503, 3061 BertemKBO/BCE: BE 0473.538.063 #3 company by equity in Bertem, Telecoms and IT sector
IMPROVERP
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Overview

Lifetime

20 annual accounts with figures on one time axis, 25 filings since 2001
peak €188,878 (2014)
€113,920▲ 16.8%
peak €68,759 (2009)
€52,470▲ 45.0%
peak €345,611 (2023)
€327,324▼ 1.7%
€48,151▼ 39.2%
peak 0 FTE (2013)
-not published
Board2 names since 2000
1 directorPieter VERLET
Documentsfilings and deeds
11-08-202611 days late
2025micro format
Gross margin from €97,542 to €113,920Result from €36,194 to €52,470Dividend €58,150Debts from €79,161 to €48,151

Key points

from the 2025 annual accounts

Equity

€327,324 ▼ 1.7%
333,0042024+52,470Profit-58,150Dividend327,3242025

IMPROVERP paid out €58,150 in dividends. That is 111% of the 2025 profit.

Turnover

≈ €160,000 estimated

The micro format states no turnover.

Liquidity

4.59 was 3.07 in 2024

Short-term debts fell from €57,494 to €38,150.

Filings

25 annual accounts since 2001
AprilJune31 JulyOctober20102020

Six of the last ten came late. The 2019 accounts came latest: 33 days after the end of the period.

Board

1 joined

New director. Latest change 10-06-2026 · 2 in office.

Position in the sector

€327,324

More equity than 90% of companies in computer programming and consultancy. Sector median €69,072 · 21,214 companies.

Checked score

94
Excellent
Financially stronger than 51% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,932 companies (NACE 62, micro).

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

Last 24 months 12-2024: 0.1%lowest value 01-2025: 0.1%● unchanged vs 12-2024lowest value 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

100=equity 87.2% of total assets
53+2short-term debt 10.2% · cash 2.7%
86+6return on assets 14.0%

Score breakdown

raises risk
Liquidity: current ratio 4.59, cash €10,134
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Equity €327,324 (87.2% of total assets)
Figures for financial year 2025 (filed on 11-08-2026)
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 62, micro). It does better than 85% of them on solvency, 35% on liquidity, 49% on profitability and 37% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as IMPROVERP has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of IMPROVERP itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for IMPROVERP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 4.59 (3.07 in 2024), above the usual 1.5. Short-term debt is 10.2% and cash 2.7% of total assets. 12.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Equity €327,324 (87.2% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 4.59, cash €10,134
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 11-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
11 days late
2024
37 days early
2023
5 days early
2022
16 days late
2021
12 days late
2020
4 days early
2019
33 days late
← 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 4 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 11 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 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

Board and ownership

PV
Pieter VERLET
Director, since 13-12-2000
IS
Ilke Smets
Director
Board & ownership

Recent changes

Appointment: Ilke Smets (director) General meeting of 10-06-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0473538063
Change of role: Pieter VERLET, from statutory manager to director “De creatie,ontwikkeling,verbetering,herstelling,installatie,verkoop,distributie en commercialisering van…” (deed in Dutch) · General meeting of 12-04-2024 · Gazette deed
First establishment Tervuursesteenweg 503, Bertem
All 37 events

Comparable companies

same main activity, similar in size and age
Company
IMPROVERP Bertem €375,475 €113,920 87.2% -
JANIRA Boortmeerbeek €356,397 €114,787 90.4% -
2 THE POINT - INTERNET SOLUTIONS COMPANY Wemmel €390,259 €100,161 56.9% -
DAP CONSULTANCY Tienen €363,419 €102,328 55.8% -
OPITULOR Leuven €306,642 €112,068 99.0% -
COMPUTER SOFTWARE CONSULTANCY Tessenderlo-Ham €352,291 €115,286 90.1% -
ROOT Kortrijk €382,574 €107,434 84.6% -

These companies have the same main activity as IMPROVERP: computer programming (NACE 62100). They are comparable in size and age: total assets between €307,000 and €390,000, founded between 1997 and 2002.

Official details

Source: KBO
Status
Active since 18-12-2000Normal situation
Activity
Computer programmingNACE 62100and 1 other
Establishment unit
2.093.122.8143061 Bertem, since 18-04-2001
Financial year end
31 December
Peppol
Reachable since 18-11-2025
Company details

Annual accounts 2025

€113,920▲ 16.8%
€52,470▲ 45.0%
€327,324▼ 1.7%
€375,475▼ 8.9%
Filing
Filed on 11-08-2026
Financials

Insights on IMPROVERP

IMPROVERP files the micro format. That format states no turnover. The gross margin rose from €81,019 in 2006 to €113,920 in 2025.

The balance sheet grew most from 2011 to 2013 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 11-08-2026, 11 days late
€113,920
▲ 16.8%
€76,278
▲ 36.5%
€111,549
▲ 16.9%
€87,742
▲ 15.9%
87.2%
▲ 6.4 percentage points
4.59
▲ 1.52

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €160,000. Estimated: probably between €140,000 and €240,000.

Amounts without an identifiable currency are taken as euros.

In the rankings #3 company by equity in Bertem, Telecoms and IT sector#4 oldest company in Bertem, Telecoms and IT sector#6 company by total assets in Bertem, Telecoms and IT sector

Balance sheet

balance sheet total €375,475 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

87.2%

Higher than 84% of 21,208 companies in 2025.

4.59

Higher than 72% of 20,571 companies in 2025.

14.0%

Higher than 42% of 20,746 companies in 2025.

IMPROVERP Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 375,475412,165451,979445,312460,113474,870443,765413,175432,024437,191491,113579,193640,638598,397549,420234,162228,177225,848205,569226,929
20 -----00000000-------
21/28 200,383235,655275,148295,303313,711300,717329,743356,821384,047408,734442,040464,214568,275491,181457,258155,032165,102175,024182,383194,865
21 -----00000000-----452903
22/27 200,383235,655275,148295,303313,711300,717329,743356,821384,047408,734442,040464,214568,275491,181457,258155,032165,102175,024181,932193,962
22 -----0000000126,594132,511142,452152,366162,280169,609179,291188,947
23 -----7391,7841,7662,4581,1990103207-194388---165
24 2,5534,64210,95314,41614,1893797612595728847,95613,24720,19426,4821,1122,2792,8235,4152,6404,851
26 197,830231,013264,195280,887299,521299,599327,197354,796381,017406,650434,084450,864421,280332,188313,500-----
27 -----00000000-------
28 -----00000000-------
29/58 175,092176,510176,831150,009146,403174,153114,02356,35447,97728,45749,073114,97972,363107,21692,16279,13063,07550,82423,18632,064
29 ------------0-------
290 -----00000000-------
291 -----00000000-------
3 -----00000000-------
30/36 -----00000000-------
37 -----00000000-------
40/41 162,045161,244157,611143,144111,451133,740110,44650,78839,69021,12327,325102,27626,93333,76839,93348,91136,10216,94711,84114,717
40 18,01419,82120,83826,91923,52242,75241,41835,63639,69019,18517,41929,0789,98333,76835,14648,91135,87814,1746,6379,900
41 144,031141,423136,773116,22487,93090,98869,02815,15201,9389,90673,19816,950-4,787-2242,7735,2044,817
50/53 -----00000000-------
54/58 10,13412,50916,4614,27332,46636,783502,0194,3226,13920,58612,51245,26272,68250,04729,53625,89532,80210,24117,347
490/1 2,9132,7572,7592,5922,4853,6303,5273,5483,9651,1961,1611911697652,1826831,0781,0741,103-
Balance sheet: equity and liabilities
10/49 375,475412,165451,979445,312460,113474,870443,765413,175432,024437,191491,113579,193640,638598,397549,420234,162228,177225,848205,569226,929
10/15 327,324333,004345,611313,938295,919250,568218,950157,238105,40878,82754,63623,32170,80716,343124,979196,070149,31380,554135,64792,806
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ------18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ------12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
11 ------0000000-------
1100/10 ------0000000-------
12 -----00000000-------
13 321,124326,804339,411307,738289,719244,368212,750151,03899,20872,62748,43617,12164,60710,143118,779189,870143,11374,354129,44786,606
130/1 -01,8601,8601,8601,860------0-------
130 ------1,8601,8601,8601,8601,8601,8601,8602,4732,4732,4732,4732,4732,4732,473
1311 -01,8601,8601,8601,860--------------
1312 ------0000000-------
1313 -----0--------------
1319 -----00000000-------
132 11,60011,60011,60011,60011,60011,60011,6008,0385,0100000-------
133 309,524315,204325,951294,277276,259230,908199,290141,14092,33870,76746,57615,26162,7477,670116,306187,397140,64071,881126,97484,133
14 000--00000000-------
15 -----00000000-------
19 ------------0-------
16 ------------0-------
160/5 -----00000000-------
160 -----00000----------
161 -----00000----------
162 -----00000----------
163 -----00000----------
164/5 -----00000----------
168 -----00000000-------
17/49 48,15179,161106,368131,374164,194224,302224,815255,937326,615358,364436,477555,871569,831582,054424,44138,09278,864145,29469,922134,124
17 10,00121,66748,33475,000101,667128,333155,000181,667217,111277,852342,512410,560479,270433,748305,000---19,64341,072
170/4 10,00121,66748,33475,000101,667128,333155,000181,667217,111277,852342,512410,560479,270433,748305,000---19,64341,072
175 -----00000000-------
176 -----00000000-------
178/9 -----00000000-------
42/48 38,15057,49458,03456,37462,52795,96969,81574,270109,50580,51293,965145,31190,561145,410115,71435,21077,397143,21949,79590,451
42 11,66626,66726,66726,66726,66726,66726,66735,44470,15768,27671,66470,64466,82341,45620,0006,7536,66726,41525,68828,095
43 4,0574,0744,0714,0204,0234,02411,29113,3872,5162,5215,04712,3215,0526,7466,793-----
430/8 4,0574,0744,0714,0204,0234,02411,29113,3872,5162,5215,04712,3215,0526,7466,793-----
439 -----00000000-------
44 3,3984,1633,8546,6167,57114,70315,7912,70412,1606021,6402,2632,42090913,9121,1523791,5656562,021
440/4 3,3984,1633,8546,6167,57114,70315,7912,70412,1606021,6402,2632,42090913,9121,1523791,5656562,021
441 -----00000000-------
46 -----00000000-------
45 19,02922,59123,44219,07124,26720,82616,06722,7367,6269,1137,18010,08316,21322,3676,20416,85816,74920,1141229,335
450/3 19,02922,59123,44219,07124,26720,82616,06722,7367,6269,1137,18010,08316,21322,3676,20416,85816,74920,1141229,335
454/9 -----00000000-------
47/48 -----29,7490017,04508,43450,0005373,93368,80410,44653,60295,12523,32951,000
492/3 -----000000002,8963,7282,8821,4672,0754842,601
Income statement
70 --------00000-------
76A -----000000011,9861,653-5,500---136
9900 113,92097,542119,838100,65799,734124,507122,605111,34379,90887,929104,390188,878128,582139,57787,99693,996122,59690,02980,40981,019
60/61 --------00000-------
62 -----00000000-------
630 35,27139,49338,35636,69330,59129,02529,28828,60328,53434,55234,568160,47641,41936,39927,77413,71412,50615,15812,75113,072
631/4 -----00000000-------
635/8 -----00000000-------
640/8 2,3712,1482,4321,9021,8982,1661,8032,0831,9622,1542,1133,0173,8544,7363,5725,3372,5272,8492,3952,477
649 -----00000000-------
66A -----00000000-------
9901 76,27855,90179,05162,06267,24693,31591,51480,65649,41251,22367,70925,38583,30898,44256,65074,945107,56272,02165,26265,470
75/76B 2----020063732,9771,432242151702433188732
75 2----020032832,9771,432242151702433188732
76B -----0000309----------
65/66B 2,8474,5154,6763,0373,9995,4626,6968,91710,42012,93517,91822,02420,46218,52312,6665,9592,7195,1575,2767,545
65 2,8474,5154,6763,0373,9995,4626,6968,91710,42012,93517,91822,02420,46218,52312,6665,9592,7195,1575,2767,545
66B -----00000----------
9903 73,43351,38674,37559,02463,24787,85384,81971,73938,99238,92449,7946,33876,26381,81444,13574,556105,08667,18160,07358,094
67/77 20,96315,19221,13016,81517,89624,92123,10719,90912,41014,73418,4793,82321,80030,44915,22627,79936,32722,27417,23219,665
9904 52,47036,19453,24542,20945,35162,93261,71251,83026,58224,19131,3142,51554,46351,36528,90946,75668,75944,90742,84138,429
789 -----00000000-------
689 -----03,5623,0285,0100000-------
9905 52,47036,19453,24542,20945,35162,93258,15048,80221,57224,19131,3142,51554,46351,36528,90946,75668,75944,90742,84138,429
Appropriation of the result
9906 52,47036,19453,24542,20945,35162,93258,15048,80221,57224,19131,3142,51554,46351,36528,90946,75668,75944,90742,84138,429
791/2 58,15048,80221,57224,191-31,3140000047,4850160,000100,000--55,093-21,911
691/2 52,47036,19453,24542,20945,35162,93258,15048,80221,57224,19131,314-54,46351,36528,90946,75668,759-42,841340
691 -----00000000-------
6920 -----00000000-------
6921 52,47036,19453,24542,20945,35162,93258,15048,80221,57224,19131,314054,46351,36528,90946,75668,759-42,841340
694/7 58,15048,80221,57224,191-31,314-----50,0000160,000100,000--100,000-60,000
694 58,15048,80221,57224,191-31,3140000050,0000160,000100,000--100,000-60,000
695 -----00000000-------
696 -----00000----------
Social balance sheet
9087 ------------0-------
Hours worked1013 ------------0-------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 11-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 11 days after the deadline. Filed on 11 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00392740.

Financial year Type Filed Reference Document
31-12-2025 micro format 11-08-2026 2026-00392740 PDF
31-12-2024 micro format 24-06-2025 2025-00170275 PDF
31-12-2023 micro format 26-07-2024 2024-00291151 PDF
31-12-2022 micro format 16-08-2023 2023-00330375 PDF
31-12-2021 micro format 12-08-2022 2022-20285573 PDF
31-12-2020 micro format 27-07-2021 2021-40700199 PDF
31-12-2019 micro format 02-09-2020 2020-50000173 PDF
31-12-2018 micro format 29-07-2019 2019-38900109 PDF
31-12-2017 micro format 21-08-2018 2018-46900595 PDF
31-12-2016 micro format 22-08-2017 2017-45000546 PDF
31-12-2015 abbreviated format 16-08-2016 2016-42200569 PDF
31-12-2014 abbreviated format 29-06-2015 2015-21900351 PDF
31-12-2013 abbreviated format 29-08-2014 2014-52300058 PDF
31-12-2012 abbreviated format 30-07-2013 2013-36800457 PDF
31-12-2011 abbreviated format 31-08-2012 2012-54500098 PDF
31-12-2010 abbreviated format 26-08-2011 2011-43800208 PDF
31-12-2009 abbreviated format 31-08-2010 2010-47700291 PDF
31-12-2008 abbreviated format 28-08-2009 2009-64800316 PDF
31-12-2007 abbreviated format 11-08-2008 2008-54700298 PDF
31-12-2006 abbreviated format 30-07-2007 2007-48600097 PDF
31-12-2005 abbreviated format 23-06-2006 2006-29400547 PDF
31-12-2004 abbreviated format 11-07-2005 2005-44504870 PDF
31-12-2003 abbreviated format 26-07-2004 2004-50801238 PDF
31-12-2002 abbreviated format 01-07-2003 2003-36205291 PDF
31-12-2001 abbreviated format 03-07-2002 2002-33001528 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
111,54995,394117,40798,75597,836122,341120,802109,26077,94685,775102,277185,861124,727134,84184,42488,659120,06987,17978,01478,542
87,74275,68791,60178,90375,94291,95891,00080,43355,11658,74365,882162,99195,88387,76356,68360,47181,26560,06555,59351,501
0018,20018,28643,58402,2101,3773,8481,50012,39456,415127,02770,322330,0003,6442,5847,7992698,370
-2,376-3,95212,188-28,193-4,31736,733-1,970-2,303-1,817-14,4488,074-32,749-27,42122,63520,5113,642-6,90722,561-7,106-
136,942119,016118,79793,63483,87578,18444,208-17,916-61,528-52,055-44,892-30,332-18,198-38,194-23,55243,920-14,322-92,395-26,609-58,387
87.2%80.8%76.5%70.5%64.3%52.8%49.3%38.1%24.4%18.0%11.1%4.0%11.1%2.7%22.7%83.7%65.4%35.7%66.0%40.9%
4.593.073.052.662.341.811.630.760.440.350.520.790.800.740.802.250.810.350.470.35
0.150.240.310.420.550.901.031.633.104.557.9923.848.0535.613.400.190.531.800.521.45
16.0%10.9%15.4%13.4%15.3%25.1%28.2%33.0%25.2%30.7%57.3%10.8%76.9%314.3%23.1%23.8%46.1%55.7%31.6%41.4%
14.0%8.8%11.8%9.5%9.9%13.3%13.9%12.5%6.2%5.5%6.4%0.4%8.5%8.6%5.3%20.0%30.1%19.9%20.8%16.9%
39.1821.1325.1132.5124.46---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets--€18,200€18,286€43,584
€35,271€39,493€38,356€36,693€30,591

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on IMPROVERP

The operating result for 2025 is 36% higher than in 2024. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 19.2% to 12.8%. Equity and debt are lower.

Board & ownership

Board

2 directors, last change in June 2026
Pieter VERLET
Director (not named in the articles)
since 13-12-2000 term without a fixed end
earlier statutory manager, until 19-04-2024
listed in the 2025 annual accounts, filed on 11-08-2026
Ilke Smets
Director
appointed by deed of 08-09-2026 term without a fixed end
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 19-04-2024

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today
Pieter VERLET
Director (not named in the articles)
Ilke Smets
Director
BoardEarliermandate already running before its first mention
Mandates as a list
  • Pieter VERLET
    • Director (not named in the articles), from 13-12-2000 to date
    • Statutory manager, until 19-04-2024
  • Ilke Smets
    • Director, appointed by deed of 08-09-2026, still in office

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€6,200.02
Shares
750
Contribution per share
€8.27
Equity per share
€436 in 2025
Source
2025 annual accounts

Articles of association

deed of 19-04-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
20 June at 10:00

Network & group

No group

IMPROVERP has no parent and no holdings in its annual accounts. IMPROVERP shares no director with another company.

Timeline

Timeline

37 events since 2000

Deadline for the 2026 accounts: 31-07-2027

2026
Appointment: Ilke Smets (director)General meeting of 10-06-20262 points ▸
  • General meeting, 10-06-2026
  • Director appointment, Ilke Smets

Open the deed in the Belgian Official Gazette

Annual accounts 2025 filed NBBmicro format · 11 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:0473538063
Annual accounts 2024 filed PDFmicro format · 37 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 5 days before the deadline
Change of role: Pieter VERLET, from statutory manager to director“De creatie,ontwikkeling,verbetering,herstelling,installatie,verkoop,distributie en commercialisering van…” (deed in Dutch) · General meeting of 12-04-20247 points ▸
  • General meeting, 12-04-2024
  • 750 shares
  • Power of attorney, Stéphane VAN den BOSSCHE
  • Power of attorney, Laurent de Vuyst (geassocieerde notarissen te leuven (eerste kanton))
  • Director resignation, Pieter VERLET (statutory manager)
  • Director appointment, Pieter VERLET (director (not named in the articles))
  • Registered office clause, Tervuursesteenweg 503, 3061 Bertem (Leefdaal)
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2023
Annual accounts 2022 filed PDFmicro format · 16 days late
2022
Annual accounts 2021 filed PDFmicro format · 12 days late
2021
Annual accounts 2020 filed PDFmicro format · 4 days before the deadline
2020
Annual accounts 2019 filed PDFmicro format · 33 days late
2019
Liquidity more than doubled current ratio 1.63 The current ratio rises from 0.76 to 1.63. Short-term debt falls from €74,270 to €69,815.
Equity above €200,000 equity €218,950 ▲39.2% Equity rises from €157,238 to €218,950.
Annual accounts 2018 filed PDFmicro format · 2 days before the deadline
2018
Annual accounts 2017 filed PDFmicro format · 21 days late
2017
Annual accounts 2016 filed PDFmicro format · 22 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 16 days late
2015
Annual accounts 2014 filed PDFabbreviated format · 32 days before the deadline
2014
Weakest financial year net €2,515 ▼95.4% The net result drops to €2,515, the lowest from 2006 to 2025. It recovers the following year.
Annual accounts 2013 filed PDFabbreviated format · 29 days late
2013
Annual accounts 2012 filed PDFabbreviated format · 1 day before the deadline
2012
Annual accounts 2011 filed PDFabbreviated format · 31 days late
2011
Annual accounts 2010 filed PDFabbreviated format · 26 days late
2010
Liquidity more than doubled current ratio 2.25 The current ratio rises from 0.81 to 2.25. Short-term debt falls from €77,397 to €35,210.
Equity above €150,000 equity €196,070 ▲31.3% Equity rises from €149,313 to €196,070.
Annual accounts 2009 filed PDFabbreviated format · 31 days late
2009
Highest result from 2006 to 2025 net €68,759 ▲53.1% The operating result of €107,562 and the net result of €68,759 are both a record.
Annual accounts 2008 filed PDFabbreviated format · 28 days late
2008
Annual accounts 2007 filed PDFabbreviated format · 11 days late
2007
Equity above €100,000 equity €135,647 ▲46.2% With a profit in every financial year since 2006, equity grows to €135,647.
Annual accounts 2006 filed PDFabbreviated format · 1 day before the deadline
2006
Annual accounts 2005 filed PDFabbreviated format
2005
Annual accounts 2004 filed PDFabbreviated format
2004
Annual accounts 2003 filed PDFabbreviated format
2003
Annual accounts 2002 filed PDFabbreviated format
2002
Annual accounts 2001 filed PDFabbreviated format
2001
First establishment Tervuursesteenweg 503, Bertem
2000
Incorporation published on 29-12-2000

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

IMPROVERP was incorporated on 18 December 2000.1 Total assets went from €413,175 in 2018 to €375,475 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0473.538.063
VAT number
BE 0473.538.063
Peppol ID
0208:0473538063
Other Peppol ID
9925:BE0473538063
Legal form
Private limited company
Status
Active, normal situation
Founded
18-12-2000
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
20 June at 10:00
deed of 19-04-2024 (in Dutch)
Peppol
Reachable since 18-11-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
IMPROVERP in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 19-04-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”
deed of 19-04-2024 (in Dutch)

Activities

NACEBEL 2025
62100 Computer programming main activity
62900 Other information technology and computer services
Codes under NACEBEL 2008
62010 Computer programming, consultancy and related activities main activity
62090 Computer programming, consultancy and related activities
Codes under NACEBEL 2003
72220 main activity
72600
PurposeThe purpose describes the activities the company may carry out under its articles.
“De creatie,ontwikkeling,verbetering,herstelling,installatie,verkoop,distributie en commercialisering van software,websites en…”
12 activities
  1. De creatie,ontwikkeling,verbetering,herstelling,installatie,verkoop,distributie en commercialisering van software,websites en webapplicaties
  2. Het ontwerpen en programmeren van computerprogramma’s
  3. Het verlenen van consultancy m.b.t. computers,computerprogramma’s en aanverwanten
  4. Het beheer van computerfaciliteiten
  5. De gegevensverwerking,webhosting en aanverwante activiteiten
  6. Het leveren van diensten op vlak van grafisch design
  7. De aankoop,de verkoop,het huren en verhuren,de huurkoop en de leasing van computers,hoogtechnologisch materiaal en apparatuur en,in het algemeen,van elk informatica- en elektronisch materiaal.De vennootschap mag het bovenvermeld informatica- en elektronisch materiaal en in het algemeen alle computersoftware- en hardware,invoeren en uitvoeren,verdelen en op de markt brengen,kopen en verkopen,huren en verhuren door middel van huurkoop of leasing en mag onderhouds-,reparatie-,opleidings- en systeemdiensten verlenen in verband met dit materiaal of het gebruik ervan
  8. Het organiseren van helpdesk- en controlesystemen,evenals het aanleveren van advies op afstand
  9. Het nemen,verwerven,beheren en exploiteren van intellectuele eigendomsrechten en gebruiksrechten en licenties,in eender welke vorm
  10. Het verlenen van overige diensten op gebied van informatietechnologie en computer
  11. Het aanbieden van adviezen en diensten in de ruimste zin van het woord,aan ondernemingen,vennootschappen,natuurlijke personen en rechtspersonen
  12. Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan- en verkoop,de inschrijving,de huur en verhuur,de ruil;in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen,afgeleide producten of andere roerende waarden,van welke vorm ook,uitgegeven door Belgische of buitenlandse emittenten
deed of 19-04-2024 (in Dutch)

Registered office and establishments

1 establishment
Establishment Since Unit number
Tervuursesteenweg 503 registered office 3061 Bertem 18-04-2001 2.093.122.814

Buildings and parcels at the address

Ground area
950 m²
Buildings
208 m²
Volume, LiDAR
1,508 m³
Tallest building
12.7 m
Buildings to scale, each on its own parcel
208 m², 12.7 m 208 m², 12.7 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
24061B0026/00F000950 m² 1 · 208 m² 12.7 m · 2

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