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IMSILO

Active
Public limited companyfounded 1993active for 32 yearsHundelgemsesteenweg 160, 9050 Gent, BelgiumKBO/BCE: BE 0451.588.646
Summary

IMSILO has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €548,863 and a net result of €156,521. Equity remains stable across the filed financial years (±0.1% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€548,863▲ 0.5%
2024 · €546,003
Total assets
€704,716▲ 1.1%
2024 · €696,708
Net result
€156,521▲ 3.5%
2024 · €151,215
Working capital
€114,331▲ 2.6%
2024 · €111,470
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has risen four years in a row; 2025 is 3% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€207,233 2025 Net result€156,521 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€154,012-€163,890▲ 6.4%€167,169▲ 2.0%€164,170▼ 1.8%€176,858▲ 7.7%€189,713▲ 7.3%€200,690▲ 5.8%€207,233▲ 3.3%
Net result€107,403-€115,182▲ 7.2%€125,327▲ 8.8%€123,075▼ 1.8%€132,584▲ 7.7%€142,175▲ 7.2%€151,215▲ 6.4%€156,521▲ 3.5%
Equity€595,491-€596,694▲ 0.2%€537,719▼ 9.9%€542,594▲ 0.9%€545,158▲ 0.5%€545,493▲ 0.1%€546,003▲ 0.1%€548,863▲ 0.5%
Total assets€702,098-€711,390▲ 1.3%€722,330▲ 1.5%€661,720▼ 8.4%€676,104▲ 2.2%€687,333▲ 1.7%€696,708▲ 1.4%€704,716▲ 1.1%
Debt€106,607-€114,695▲ 7.6%€184,611▲ 61.0%€119,126▼ 35.5%€130,946▲ 9.9%€141,840▲ 8.3%€150,705▲ 6.3%€155,852▲ 3.4%
Working capital€159,997-€161,618▲ 1.0%€102,927▼ 36.3%€108,061▲ 5.0%€110,626▲ 2.4%€110,960▲ 0.3%€111,470▲ 0.5%€114,331▲ 2.6%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €704,716
Fixed assets €434,533 =
Current assets €270,183 ▲ 3.1%
Equity and liabilities €704,716
Equity €548,863 ▲ 0.5%
Debt €155,852 ▲ 3.4%
Debt's share of the balance-sheet total rises from 21.6% to 22.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.73▼
2024 · 1.74
Debt to equity
0.28▲
2024 · 0.28
ROE
28.5%▲
2024 · 27.7%
ROA
22.2%▲
2024 · 21.7%
Debt ≤ 1 year
€155,852▲
2024 · €150,705
Income taxes
€52,200▲
2024 · €50,420
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,136 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95.0% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 20,136 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€696,708€704,716▲
Fixed assets21/28€434,533€434,533=
Tangible fixed assets22/27€434,133€434,133=
Land and buildings22€434,133€434,133=
Financial fixed assets28€400€400=
Current assets29/58€262,175€270,183▲
Amounts receivable within one year40/41€381€70▼
Other amounts receivable41€381€70▼
Cash at bank and in hand54/58€260,653€269,043▲
Deferred charges and accrued income490/1€1,140€1,070▼
Equity and liabilities
Total equity and liabilities10/49€696,708€704,716▲
Equity10/15€546,003€548,863▲
Contributions10/11€65,010€65,010=
Capital10€65,010€65,010=
Issued capital100€65,010€65,010=
Reserves13€480,993€483,853▲
Non-distributable reserves130/1€6,501€6,501=
Legal reserve130€6,501€6,501=
Distributable reserves133€474,492€477,352▲
Profit (loss) carried forward14-€0
Amounts payable17/49€150,705€155,852▲
Amounts payable within one year42/48€150,705€155,852▲
Trade debts44-€461
Suppliers440/4-€461
Taxes, remuneration and social security45-€1,732
Taxes450/3-€1,732
Other amounts payable47/48€150,705€153,660▲
Income statement Code20242025
Other operating charges640/8€1,713€1,958▲
Gross operating margin9900€202,403€209,191▲
Operating profit (loss)9901€200,690€207,233▲
Financial income75/76B€1,005€1,560▲
Recurring financial income75€1,005€1,560▲
Financial charges65/66B€60€73▲
Recurring financial charges65€60€73▲
Profit (loss) for the period before taxes9903€201,635€208,721▲
Income taxes67/77€50,420€52,200▲
Profit (loss) for the period9904€151,215€156,521▲
Profit (loss) for the period to be appropriated9905€151,215€156,521▲
Appropriation of the result
Profit (loss) to be appropriated9906€151,215€156,521▲
Transfer to equity691/2€510€2,861▲
To other reserves6921€510€2,861▲
Profit to be distributed694/7€150,705€153,660▲
Return on contributions (dividend)694€150,705€153,660▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€430€418€284€260-----
Other operating charges640/8---€3,027€2,157€1,597€1,713€1,958▲ 14.3%
Gross operating margin9900€156,852€166,558€169,356€167,456€179,015€191,310€202,403€209,191▲ 3.4%
Operating profit (loss)9901€154,012€163,890€167,169€164,170€176,858€189,713€200,690€207,233▲ 3.3%
Financial income75/76B------€1,005€1,560▲ 55.3%
Recurring financial income75-€42----€1,005€1,560▲ 55.3%
Financial charges65/66B---€50€60€80€60€73▲ 20.8%
Recurring financial charges65€971€50€66€50€60€80€60€73▲ 20.8%
Profit (loss) for the period before taxes9903€153,041€163,882€167,103€164,120€176,798€189,632€201,635€208,721▲ 3.5%
Income taxes67/77€45,638€48,700€41,776€41,045€44,214€47,458€50,420€52,200▲ 3.5%
Profit (loss) for the period9904€107,403€115,182€125,327€123,075€132,584€142,175€151,215€156,521▲ 3.5%
Profit (loss) for the period to be appropriated9905€107,403€115,182€125,327€123,075€132,584€142,175€151,215€156,521▲ 3.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€702,098€711,390€722,330€661,720€676,104€687,333€696,708€704,716▲ 1.1%
Fixed assets21/28€435,494€435,076€434,793€434,533€434,533€434,533€434,533€434,533=
Tangible fixed assets22/27€435,094€434,676€434,393€434,133€434,133€434,133€434,133€434,133=
Land and buildings22---€434,133€434,133€434,133€434,133€434,133=
Financial fixed assets28€400€400€400€400€400€400€400€400=
Current assets29/58€266,604€276,313€287,538€227,188€241,572€252,800€262,175€270,183▲ 3.1%
Amounts receivable within one year40/41€449-€924€955€286€542€381€70▼ 81.6%
Other amounts receivable41---€955€286€542€381€70▼ 81.6%
Cash at bank and in hand54/58€265,320€275,402€285,704€225,316€240,342€251,190€260,653€269,043▲ 3.2%
Deferred charges and accrued income490/1---€916€943€1,068€1,140€1,070▼ 6.1%
Equity and liabilities
Total equity and liabilities10/49€702,098€711,390€722,330€661,720€676,104€687,333€696,708€704,716▲ 1.1%
Equity10/15€595,491€596,694€537,719€542,594€545,158€545,493€546,003€548,863▲ 0.5%
Contributions10/11€65,010€65,010€65,010€65,010€65,010€65,010€65,010€65,010=
Capital10---€65,010€65,010€65,010€65,010€65,010=
Issued capital100---€65,010€65,010€65,010€65,010€65,010=
Reserves13€530,481€531,684€472,709€477,584€480,148€480,483€480,993€483,853▲ 0.6%
Non-distributable reserves130/1---€6,501€6,501€6,501€6,501€6,501=
Legal reserve130---€6,501€6,501€6,501€6,501€6,501=
Distributable reserves133---€471,083€473,647€473,982€474,492€477,352▲ 0.6%
Profit (loss) carried forward14-------€0-
Amounts payable17/49€106,607€114,695€184,611€119,126€130,946€141,840€150,705€155,852▲ 3.4%
Amounts payable within one year42/48€106,607€114,695€184,611€119,126€130,946€141,840€150,705€155,852▲ 3.4%
Trade debts44€125€15-----€461-
Suppliers440/4-------€461-
Taxes, remuneration and social security45---€926€926--€1,732-
Taxes450/3---€926€926--€1,732-
Other amounts payable47/48---€118,200€130,020€141,840€150,705€153,660▲ 2.0%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€107,403€115,182€125,327€123,075€132,584€142,175€151,215€156,521▲ 3.5%
+ Depreciation and write-downs630€430€418€284€260-----
Operating cash flow (approximation)€107,834€115,600€125,610€123,335€132,584€142,175€151,215€156,521▲ 3.5%
Investment in fixed assets (approximation)-€0€0€0€0€0€0€0-
Change in cash-€10,083€10,302-€60,388€15,026€10,848€9,463€8,390▼ 11.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 32 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 29-05-2026 2026-00125155
31-12-2024 micro format 30-06-2025 2025-00212125
31-12-2023 micro format 30-06-2024 2024-00192979
31-12-2022 micro format 30-06-2023 2023-00194830
31-12-2021 micro format 23-06-2022 2022-20091492
31-12-2020 micro format 30-06-2021 2021-28600530
31-12-2019 micro format 30-06-2020 2020-23100048
31-12-2018 micro format 22-07-2019 2019-36200413
31-12-2017 micro format 29-06-2018 2018-26200560
31-12-2016 micro format 28-06-2017 2017-24900066

Show all 32 filings

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