IMSCHOOT PROJECTS

Active

Private limited companyfounded 20215 yrs activeHeilige Donatusstraat 1, 9890 Gavere, BelgiumKBO/BCE: BE 0772.865.712

The computed 12-month bankruptcy probability of IMSCHOOT PROJECTS is 3.0% (moderate). The 2024 annual accounts show equity of €371k and a net result of €139k. Equity is growing by ~58.5% per year across the filed fiscal years. Its solvency ranks better than 60% of 1077 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

64 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability93▼-2

Solvency76▲+15

Growth78=

Track record94

Bankruptcy probability, 12 months

3.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €23k at 30 days acceptable

Liquidity tight (current ratio 1.49 against 1.5 in 2023; short-term debt: 24.4% and cash: 1.4% of total assets), and 48.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 81

Relative position

BE, all sectors

reference

Sector 81

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 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 · 3 filings

Deviation from the deadline

2025

not confirmed

2024

27 d late

2023

33 d early

2022

19 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€371k▲ 60.2%

2023 · €231k

2022: €100k 2023: €231k

2022 → 2024

Total assets

€724k▲ 13.8%

2023 · €636k

2022: €376k 2023: €636k

2022 → 2024

Net result

€139k▲ 6.1%

2023 · €131k

2022: €85k 2023: €131k

2022 → 2024

Working capital

€87k▲ 0.1%

2023 · €87k

2022: €-22k 2023: €87k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Equity€100k-€231k▲ 131%€371k▲ 60.2%

Operating result€110k-€176k▲ 59.5%€190k▲ 8.0%

Net result€85k-€131k▲ 54.2%€139k▲ 6.1%

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 risen two years in a row; 2024 is 8% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €724k

63.5%

36.5%

Fixed assets €460k▲ 22.3%

Current assets €264k▲ 1.5%

Equity and liabilities €724k

51.2%

48.8%

Equity €371k▲ 60.2%

Debt €354k▼ 12.7%

The debt ratio falls from 63.6% to 48.8%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€310k▲

2023 · €257k

Cash flow

€258k▲

2023 · €212k

Solvency

51.2%▲

2023 · 36.4%

Current ratio

1.49▼

2023 · 1.50

Quick ratio

1.49▼

2023 · 1.50

Debt / equity

0.95▼

2023 · 1.75

ROE

37.6%▼

2023 · 56.7%

ROA

19.2%▼

2023 · 20.6%

Interest coverage

26.09▲

2023 · 22.33

Debt

€354k▼

2023 · €405k

Debt ≤ 1 year

€177k▲

2023 · €173k

Debt > 1 year

€151k▼

2023 · €184k

Income taxes

€39k▲

2023 · €32k

Staff costs

€4k▲

2023 · €3k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€636k€724k▲

Fixed assets21/28€376k€460k▲

Tangible fixed assets22/27€373k€460k▲

Plant, machinery and equipment23€146k€222k▲

Furniture and vehicles24€65k€103k▲

Leasing and similar rights25€162k€116k▼

Other tangible fixed assets26-€18k

Financial fixed assets28€3k€0▼

Current assets29/58€260k€264k▲

Amounts receivable within one year40/41€208k€245k▲

Trade receivables40€188k€245k▲

Other amounts receivable41€20k€0▼

Cash at bank and in hand54/58€52k€10k▼

Deferred charges and accrued income490/1€0€9k▲

Equity and liabilities

Total equity and liabilities10/49€636k€724k▲

Equity10/15€231k€371k▲

Contributions10/11€15k€15k=

Reserves13€216k€356k▲

Distributable reserves133€216k€356k▲

Amounts payable17/49€405k€354k▼

Amounts payable after more than one year17€184k€151k▼

Financial debts170/4€184k€151k▼

Amounts payable within one year42/48€173k€177k▲

Current portion of amounts payable after more than one year42€66k€71k▲

Trade debts44€42k€29k▼

Suppliers440/4€42k€29k▼

Taxes, remuneration and social security45€41k€60k▲

Taxes450/3€41k€60k▲

Remuneration and social security454/9€0-

Other amounts payable47/48€24k€17k▼

Accrued charges and deferred income492/3€48k€25k▼

Income statement Code20232024

Remuneration, social security and pensions62€3k€4k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€81k€119k▲

Other operating charges640/8€2k€5k▲

Non-recurring operating charges66A€581€1k▲

Gross operating margin9900€263k€320k▲

Operating profit (loss)9901€176k€190k▲

Financial income75/76B€191€216▲

Recurring financial income75€191€216▲

Financial charges65/66B€13k€12k▼

Recurring financial charges65€12k€12k▲

Non-recurring financial charges66B€2k€0▼

Profit (loss) for the period before taxes9903€163k€179k▲

Income taxes67/77€32k€39k▲

Profit (loss) for the period9904€131k€139k▲

Profit (loss) for the period to be appropriated9905€131k€139k▲

Appropriation of the result

Profit (loss) to be appropriated9906€131k€139k▲

Transfer to equity691/2€131k€139k▲

To other reserves6921€131k€139k▲

Social balance

Average headcount (FTE)9087-0.0

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 2Filings 3

2025

27-08

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 27 days late

2024

31-12

Financial Highest result since 2022net €139k ▲6.1%

Operating result €190k, net result €139k, both a record.

28-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Equity above €200kEq €231k ▲131%

2 profitable years in a row build equity to €231k.

12-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Gavere · 2 establishment units since 2021

establishment 1 of 2 establishment units on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Heilige Donatusstraat 19890 Gavere

Ground area

258 m²

Building footprint

125 m²

Volume, LiDAR

527 m³

Parcel 44016A0852/02D000, Flanders · tallest building 6.8 m, ±1 floor. Linked by address, not a title deed.

2 establishment units

IMSCHOOT PROJECTS

Heilige Donatusstraat 1, 9890 GavereSupport activities for crop production

since 20212.321.069.448

IMSCHOOT PROJECTS

Hoogstraat 2, 9080 LochristiCrop and animal production, hunting and related service activities

since 20252.375.570.877

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44016A0852/02D000	Flanders	258 m²	1 · 125 m²	6.8 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 3 entries · 3,506 EUR awarded · 3,506 EUR paid

Year	Entries	awarded	paid
2023	1	279 EUR	279 EUR
2022	2	3,227 EUR	3,227 EUR

Schemes

Subsidies ecologisch en veilig transport (stopgezet)

1 entry · 3,000 EUR · 3,000 EUR paid · Departement Mobiliteit en Openbare Werken

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 506 EUR · 506 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

9 categories

IMSCHOOT PROJECTS BV43486

category C, class 1 · category C1, class 1 · category E, class 1 · category E1, class 1 · category G, class 1 · category G3, class 1 · category H, class 1 · category H1, class 1 · category P2, class 1

decision 07-01-2025