Equity
Equity fell by 52% in 6 years.
In July 2024, 31,368 companies had the same profile as IMS has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,448 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.
| 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 IMS. 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.
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.
These companies have the same main activity as IMS: computer programming (NACE 62100). They are comparable in size and age: total assets between €271,000 and €321,000, founded between 1991 and 1995.
IMS files the abbreviated format. That format states no turnover. The gross margin rose from €35,323 in 2009 to €55,595 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €130,000. Estimated: probably between €110,000 and €170,000.
Higher than 62% of 3,407 companies in 2025.
Higher than 8% of 3,268 companies in 2025.
Higher than 52% of 3,316 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: bottom quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
295,914 | 311,088 | 381,579 | 455,216 | 541,882 | 550,535 | 477,875 | 530,505 | 523,863 | 509,052 | 514,444 | 437,338 | 451,077 | 461,584 | 466,800 | 506,005 | 555,479 | |
21/28 |
254,534 | 268,749 | 344,330 | 419,121 | 475,513 | 501,551 | 476,277 | 527,045 | 523,641 | 490,765 | 473,715 | 431,444 | 440,183 | 443,078 | 463,702 | 483,279 | 465,380 | |
21 |
0 | - | 60,663 | 121,326 | 181,988 | 242,651 | - | - | - | - | - | - | - | - | - | - | - | |
22/27 |
254,509 | 268,724 | 283,642 | 297,770 | 293,500 | 258,900 | 270,123 | 281,932 | 293,846 | 305,855 | 288,805 | 274,059 | 288,816 | 302,573 | 317,303 | 332,033 | 345,904 | |
22 |
226,603 | 230,756 | 244,246 | 257,735 | 271,225 | 258,098 | 269,798 | 281,499 | 293,305 | 305,206 | 288,047 | 273,193 | 287,670 | 302,148 | 316,626 | 331,103 | 345,581 | |
23 |
27,906 | 37,968 | 39,396 | 40,035 | 21,983 | 217 | 325 | 433 | 541 | 649 | 758 | 866 | 1,146 | 425 | 677 | 930 | 323 | |
24 |
0 | - | - | - | 292 | 585 | - | - | - | - | - | - | - | - | - | - | - | |
28 |
25 | 25 | 25 | 25 | 25 | - | 206,154 | 245,113 | 229,795 | 184,910 | 184,910 | 157,385 | 151,367 | 140,505 | 146,399 | 151,246 | 119,476 | |
29/58 |
41,380 | 42,339 | 37,249 | 36,095 | 66,369 | 48,984 | 1,598 | 3,460 | 222 | 18,287 | 40,729 | 5,894 | 10,894 | 18,506 | 3,098 | 22,726 | 90,099 | |
40/41 |
30,798 | 32,019 | 29,462 | 27,503 | 51,402 | 24,781 | 235 | 2,500 | 15 | 18,237 | 5,025 | 5,459 | 10,369 | 18,150 | 52 | 21,000 | 90,000 | |
40 |
30,614 | 32,019 | 29,462 | 27,240 | 32,103 | 24,366 | 235 | 2,500 | - | - | - | - | 9,075 | 18,150 | - | 21,000 | 90,000 | |
41 |
184 | - | - | 263 | 19,299 | 415 | - | - | 15 | 18,237 | 5,025 | 5,459 | 1,294 | - | 52 | - | - | |
54/58 |
9,447 | 9,194 | 6,743 | 7,610 | 14,075 | 23,253 | 513 | 959 | 207 | 48 | 35,652 | 270 | 309 | 356 | 3,046 | 1,650 | 97 | |
490/1 |
1,136 | 1,126 | 1,044 | 982 | 892 | 950 | 850 | 1 | - | 2 | 52 | 165 | 216 | - | - | 76 | 2 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
295,914 | 311,088 | 381,579 | 455,216 | 541,882 | 550,535 | 477,875 | 530,505 | 523,863 | 509,052 | 514,444 | 437,338 | 451,077 | 461,584 | 466,800 | 506,005 | 555,479 | |
10/15 |
177,986 | 153,640 | 189,887 | 245,444 | 288,387 | 316,061 | 370,995 | 364,312 | 361,719 | 355,750 | 353,241 | 352,986 | 347,656 | 350,969 | 326,513 | 345,811 | 348,767 | |
10/11 |
18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
100 |
- | - | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
12 |
94,323 | 94,323 | 100,763 | 107,202 | 113,641 | 120,080 | 126,519 | 132,958 | 139,397 | 145,836 | 152,275 | 158,714 | 165,153 | 171,592 | 178,031 | 184,470 | 190,909 | |
13 |
178,979 | 178,979 | 172,540 | 166,101 | 159,662 | 153,223 | 146,784 | 140,345 | 133,906 | 127,467 | 121,028 | 114,589 | 108,150 | 101,710 | 95,271 | 88,832 | 82,393 | |
130/1 |
- | - | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
- | - | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
178,979 | 178,979 | 170,681 | 164,242 | 157,803 | 151,364 | 144,925 | 138,486 | 132,047 | 125,608 | 119,169 | 112,730 | 106,291 | 99,851 | 93,412 | 86,973 | 80,534 | |
14 |
-113,908 | -138,254 | -102,008 | -46,451 | -3,508 | 24,166 | 79,100 | 72,417 | 69,824 | 63,855 | 61,346 | 61,091 | 55,761 | 59,075 | 34,619 | 53,917 | 56,873 | |
17/49 |
117,928 | 157,448 | 191,692 | 209,772 | 253,495 | 234,474 | 106,880 | 166,193 | 162,144 | 153,302 | 161,203 | 84,352 | 103,421 | 110,615 | 140,287 | 160,194 | 206,712 | |
17 |
- | 39,399 | 118,013 | 149,301 | 175,268 | 140,071 | 29,730 | 43,988 | 57,855 | 71,344 | 71,138 | 33,390 | 49,834 | 65,642 | 80,837 | 95,283 | 109,268 | |
170/4 |
- | 1,399 | 18,013 | 34,301 | 50,268 | 15,071 | 29,730 | 43,988 | 57,855 | 71,344 | 71,138 | 33,390 | 49,834 | 65,642 | 80,837 | 95,283 | 109,268 | |
178/9 |
- | 38,000 | 100,000 | 115,000 | 125,000 | 125,000 | - | - | - | - | - | - | - | - | - | - | - | |
42/48 |
117,928 | 118,049 | 73,679 | 60,471 | 78,227 | 94,401 | 77,149 | 122,205 | 104,289 | 81,958 | 90,065 | 50,962 | 53,586 | 44,972 | 59,450 | 64,911 | 97,444 | |
42 |
1,399 | 16,614 | 16,287 | 15,967 | 30,724 | 14,659 | 14,257 | 13,868 | 13,488 | 13,119 | 25,393 | 16,444 | 15,808 | 15,196 | 13,742 | 13,754 | 15,299 | |
43 |
- | - | - | - | - | - | - | - | 7,048 | 6,133 | - | - | 1,443 | - | 1,053 | 5,068 | 715 | |
430/8 |
- | - | - | - | - | - | - | - | 7,048 | 6,133 | - | - | 1,443 | - | 1,053 | 5,068 | 715 | |
44 |
4,132 | 5,966 | 9,002 | 8,254 | 25,299 | 7,187 | 2,924 | 5,014 | 4,592 | 9,117 | 5,521 | 1,045 | 6,156 | 3,141 | 7,204 | 8,689 | 2,375 | |
440/4 |
4,132 | 5,966 | 9,002 | 8,254 | 25,299 | 7,187 | 2,924 | 5,014 | 4,592 | 9,117 | 5,521 | 1,045 | 6,156 | 3,141 | 7,204 | 8,689 | 2,375 | |
45 |
18,451 | 20,225 | 10,749 | 16,154 | 20,087 | 12,366 | 9,533 | 8,146 | 9,121 | 6,255 | 6,863 | 3,686 | 1,766 | 2,220 | 1,536 | 27,395 | 18,415 | |
450/3 |
16,951 | 18,725 | 9,249 | 14,654 | 18,587 | 10,866 | 8,033 | 6,646 | 7,621 | 4,755 | 5,363 | 2,186 | 266 | 720 | 36 | 25,895 | 16,840 | |
454/9 |
1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,500 | 1,575 | |
47/48 |
93,946 | 75,244 | 37,641 | 20,096 | 2,117 | 60,189 | 50,435 | 95,177 | 70,040 | 47,334 | 52,288 | 29,787 | 28,413 | 24,415 | 35,915 | 10,005 | 60,640 | |
492/3 |
- | - | - | - | - | 2 | 1 | - | - | - | - | - | 1 | 1 | - | - | - | |
| Income statement | ||||||||||||||||||
9900 |
55,595 | 65,763 | 38,446 | 50,470 | 68,773 | 27,970 | 26,416 | 21,199 | 20,532 | 23,402 | 15,760 | 18,289 | 11,153 | 46,789 | 4,260 | 33,086 | 35,323 | |
630 |
16,377 | 85,935 | 84,722 | 79,601 | 77,001 | 72,763 | 11,809 | 11,914 | 12,010 | 12,444 | 14,226 | 14,757 | 14,839 | 14,731 | 14,731 | 14,731 | 14,917 | |
640/8 |
2,474 | 2,425 | 2,274 | 2,004 | 2,076 | 2,145 | 2,069 | 1,932 | 1,907 | 1,873 | 3,254 | 499 | 1,838 | 1,891 | 2,121 | 7,835 | 2,845 | |
9901 |
36,745 | -22,597 | -48,550 | -31,135 | -10,304 | -46,938 | 12,538 | 7,353 | 6,615 | 9,085 | -1,720 | 3,033 | -5,524 | 30,167 | -12,592 | 10,520 | 17,561 | |
75/76B |
0 | - | 1 | 2 | 48 | 2 | 2,480 | 2,420 | 8,501 | 9 | 6,259 | 6,024 | 5,792 | 10 | 4 | 3 | 2 | |
75 |
0 | - | 1 | 2 | 48 | 2 | 2,480 | 2,420 | 8,501 | 9 | 6,259 | 6,024 | 5,792 | 10 | 4 | 3 | 2 | |
65/66B |
933 | 1,209 | 1,451 | 2,156 | 2,639 | 1,943 | 2,298 | 2,625 | 3,064 | 3,904 | 2,211 | 2,784 | 3,582 | 5,721 | 6,710 | 8,141 | 8,694 | |
65 |
933 | 1,209 | 1,451 | 2,156 | 2,639 | 1,943 | 2,298 | 2,625 | 3,064 | 3,904 | 2,211 | 2,784 | 3,582 | 5,721 | 6,710 | 8,141 | 8,694 | |
9903 |
35,812 | -23,806 | -50,000 | -33,289 | -12,895 | -48,879 | 12,720 | 7,148 | 12,052 | 5,190 | 2,328 | 6,273 | -3,314 | 24,456 | -19,298 | 2,382 | 8,869 | |
67/77 |
11,467 | 12,440 | 5,557 | 9,654 | 14,779 | 6,055 | 6,037 | 4,555 | 6,083 | 2,681 | 2,073 | 943 | - | - | - | 5,338 | 5,459 | |
9904 |
24,346 | -36,246 | -55,557 | -42,943 | -27,674 | -54,934 | 6,683 | 2,593 | 5,969 | 2,509 | 255 | 5,330 | -3,314 | 24,456 | -19,298 | -2,956 | 3,410 | |
9905 |
24,346 | -36,246 | -55,557 | -42,943 | -27,674 | -54,934 | 6,683 | 2,593 | 5,969 | 2,509 | 255 | 5,330 | -3,314 | 24,456 | -19,298 | -2,956 | 3,410 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
-113,908 | -138,254 | -102,008 | -46,451 | -3,508 | 24,166 | 79,100 | 72,417 | 69,824 | 63,855 | 61,346 | 61,091 | 55,761 | 59,075 | 34,619 | 53,917 | 56,873 | |
14P |
-138,254 | -102,008 | -46,451 | -3,508 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | 1,859 | - | - | - | 1,859 | - | - | - | 6,439 | - | - | - | - | - | - | - | |
691/2 |
- | 1,859 | - | - | - | 1,859 | - | - | - | 6,439 | - | - | - | - | - | - | - | |
6921 |
- | 1,859 | - | - | - | 1,859 | - | - | - | 6,439 | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The accounts for 15 older financial years (1993-2008) were filed as documents without figures as data, scans for example.
The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 31-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 31-01-2026 | 2026-00025463 | |
| 30-06-2024 | abbreviated format | 29-01-2025 | 2025-00014388 | |
| 30-06-2023 | abbreviated format | 09-04-2024 | 2024-00060027 | |
| 30-06-2022 | abbreviated format | 07-02-2023 | 2023-00024406 | |
| 30-06-2021 | abbreviated format | 24-02-2022 | 2022-06300078 | |
| 30-06-2020 | abbreviated format | 15-03-2021 | 2021-07500480 | |
| 30-06-2019 | abbreviated format | 27-01-2020 | 2020-02300546 | |
| 30-06-2018 | abbreviated format | 14-02-2019 | 2019-05100324 | |
| 30-06-2017 | abbreviated format | 02-05-2018 | 2018-11700369 | |
| 30-06-2016 | abbreviated format | 20-03-2017 | 2017-06700395 | |
| 30-06-2015 | abbreviated format | 25-02-2016 | 2016-05100174 | |
| 30-06-2014 | abbreviated format | 18-12-2014 | 2014-69700107 | |
| 30-06-2013 | abbreviated format | 27-01-2014 | 2014-01500482 | |
| 30-06-2012 | abbreviated format | 26-10-2012 | 2012-62100576 | |
| 30-06-2011 | abbreviated format | 23-05-2012 | 2012-12400400 | |
| 30-06-2010 | abbreviated format | 28-03-2011 | 2011-06800145 | |
| 30-06-2009 | abbreviated format | 17-02-2010 | 2010-04800333 | |
| 30-06-2008 | abbreviated format | 16-01-2009 | 2009-00200266 | |
| 30-06-2007 | abbreviated format | 12-03-2008 | 2008-06200325 | |
| 30-06-2006 | abbreviated format | 27-12-2006 | 2006-92100240 | |
| 30-06-2005 | abbreviated format | 06-04-2006 | 2006-10200094 | |
| 30-06-2004 | abbreviated format | 17-01-2005 | 2005-01300254 | |
| 30-06-2003 | abbreviated format | 12-01-2004 | 2004-00400192 | |
| 30-06-2002 | abbreviated format | 03-01-2003 | 2003-00100066 | |
| 30-06-2001 | abbreviated format | 06-02-2002 | 2002-03300144 | |
| 30-06-2000 | abbreviated format | 28-11-2001 | 2001-71300137 | |
| 30-06-1999 | abbreviated format | 30-11-1999 | 1999-60504198 | |
| 30-06-1998 | abbreviated format | 14-01-1999 | 1999-00703329 | |
| 30-06-1997 | abbreviated format | 05-01-1998 | 1998-00101015 | |
| 30-06-1996 | abbreviated format | 13-05-1997 | 1997-07404773 | |
| 31-12-1994 | abbreviated format | 21-09-1995 | 1995-50103390 | |
| 31-12-1993 | abbreviated format | 16-08-1994 | 1994-35803057 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 53,122 | 63,338 | 36,172 | 48,466 | 66,697 | 25,825 | 24,347 | 19,267 | 18,625 | 21,529 | 12,506 | 17,790 | 9,315 | 44,898 | 2,139 | 25,251 | 32,478 | ||
| 40,722 | 49,689 | 29,165 | 36,658 | 49,327 | 17,829 | 18,492 | 14,507 | 17,979 | 14,953 | 14,481 | 20,087 | 11,525 | 39,187 | -4,567 | 11,775 | 18,327 | ||
| 2,160 | 10,355 | 9,930 | 23,208 | 50,965 | 303,314 | -38,959 | 15,318 | 44,886 | 29,495 | 28,972 | 6,018 | 1,082 | -5,893 | -4,846 | 859 | 404 | ||
| 253 | 2,451 | -867 | -6,465 | -9,178 | 22,740 | -446 | 752 | 159 | -35,604 | 35,382 | -39 | -47 | -2,690 | 1,396 | 1,553 | - | ||
| -76,548 | -75,710 | -36,430 | -24,376 | -11,858 | -45,417 | -75,551 | -118,745 | -104,067 | -63,671 | -49,336 | -45,068 | -42,692 | -26,466 | -56,352 | -42,185 | -7,345 | ||
| 60.1% | 49.4% | 49.8% | 53.9% | 53.2% | 57.4% | 77.6% | 68.7% | 69.0% | 69.9% | 68.7% | 80.7% | 77.1% | 76.0% | 69.9% | 68.3% | 62.8% | ||
| 0.35 | 0.36 | 0.51 | 0.60 | 0.85 | 0.52 | 0.02 | 0.03 | 0.00 | 0.22 | 0.45 | 0.12 | 0.20 | 0.41 | 0.05 | 0.35 | 0.92 | ||
| 0.66 | 1.02 | 1.01 | 0.85 | 0.88 | 0.74 | 0.29 | 0.46 | 0.45 | 0.43 | 0.46 | 0.24 | 0.30 | 0.32 | 0.43 | 0.46 | 0.59 | ||
| 13.7% | -23.6% | -29.3% | -17.5% | -9.6% | -17.4% | 1.8% | 0.7% | 1.7% | 0.7% | 0.1% | 1.5% | -1.0% | 7.0% | -5.9% | -0.9% | 1.0% | ||
| 8.2% | -11.7% | -14.6% | -9.4% | -5.1% | -10.0% | 1.4% | 0.5% | 1.1% | 0.5% | 0.0% | 1.2% | -0.7% | 5.3% | -4.1% | -0.6% | 0.6% | ||
| 56.95 | 52.39 | 24.93 | 22.48 | - | - | - | - | - | - | - | - | - | - | - | - | - |
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.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €2,160 | €10,355 | €9,930 | €23,208 |
| €16,377 | €85,935 | €84,722 | €79,601 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a profit of €36,745, after a loss of €22,597 in 2024. It is the highest result since 2009.
Debt's share of the balance-sheet total falls from 50.6% to 39.9%. Equity is higher and debt is lower.
Source: list of holdings in its own 30-06-2019 accounts. Every holding stands with its own latest accounts.
| A - BOM
registered office since 02-06-1993 · founded in 1993 |
total assets €86,573 (2025) 0450.133.052 |
| SafetyDance
registered office since 03-07-2026 |
founded in 2026 1039.873.553 |
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| I.M.S. BVBA registered office Fuchsiadreef 11, 8300 Knokke-Heist 68110 Buying and selling of own real estate | 07-03-1994 | 2.059.287.828 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 31039A0206/00M000 | 863 m² | 1 · 142 m² | 8.9 m · 2 |
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