Equity
Equity rose in 2024 from €231,437 to €370,742.
Equity rose in 2024 from €231,437 to €370,742.
Green is investment, beige is depreciation. Machinery stands 52.6% higher than in 2023.
2025 accounts not filed: deadline was 31-07-2026.
The dashed line is the sector median: 0.9% across 7,712 companies (NACE 81, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 81, micro). It does better than 61% of them on solvency, 36% on liquidity, 78% on profitability and 84% on growth.
The bankruptcy probability was computed on 07-11-2026 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 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% 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).
In July 2024, 6,782 companies had the same profile as IMSCHOOT PROJECTS has now. Each dot stands for 17 companies, two years later.
The bankruptcy probability of IMSCHOOT PROJECTS itself is higher: 2.3% within 12 months. It rests on far more data about IMSCHOOT PROJECTS than the profile alone.
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.
| 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 6,782 companies, not a prediction for IMSCHOOT PROJECTS. 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.
Liquidity is tight, with a current ratio of 1.49 (1.5 in 2023), below the usual 1.5. Short-term debt is 24.4% and cash 1.4% of total assets. 48.8% of the assets are financed with debt and provisions.
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.
The company filed its last 3 accounts on average 8 days before the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| IMSCHOOT PROJECTS Gavere | €724,291 | €319,523 | 51.2% | 0 |
| WESTDREEF Oudenburg | €593,975 | €387,892 | 3.7% | 0 |
| VAN TRICHT Kortenberg | €995,120 | €361,394 | 34.2% | 0.3 |
| Van Belle Sportvelden Zwevegem | €909,849 | €341,936 | 34.6% | 0 |
| DELANAYE Villers-le-Bouillet | €821,322 | €328,659 | 2.5% | 0 |
| VAN BAEL Meerhout | €504,192 | €197,608 | 60.2% | 0 |
| RBB Lubbeek | €752,587 | €620,676 | 16.2% | 0 |
These companies have the same main activity as IMSCHOOT PROJECTS: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €504,000 and €995,000, founded between 2018 and 2022.
IMSCHOOT PROJECTS files the abbreviated format. That format states no turnover. The gross margin rose from €302,087 in 2022 to €319,523 in 2024.
The balance sheet grew most from 2023 to 2024 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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