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Complete company report
Generated 31-08-2026
Active BE 0444.917.917Public limited company

IMSOWA

· 35 yrs active
Conclusion Checked

The KBO register records legal situation 050 for IMSOWA (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2020 annual accounts show equity of €464k and a net result of €36k.

Based on the State Gazette, CBE and 3 annual accounts.
Key figures
Equity €464k
Net result €36k
Active 35 yrs
Board 1
Financial profile 5 of 5 axes measured · computed by Checked
Health0Profitability39Solvency54Growth58Stability0
30 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0
Profitability 39
Solvency 54
Growth 58
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
0 / 100
High riskRegister: open bankruptcy
This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Trust signals 1 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2020 · computed
0 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2020 and the legal situation the KBO register itself records. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 31-08-2021 with the NBB · fiscal year 2020 · verkort
€-100k€-50k€0€50kOperating result 2018: €-57k€-57kNet result 2018: €35k€35kOperating result 2019: €-691€-691Net result 2019: €57k€57kOperating result 2020: €-33k€-33kNet result 2020: €36k€36k201820192020
Operating resultNet result
EBITDA
€-6k
- 18-20
Net profit
€36k
-35.9% 18-20
Cash flow
€63k
-18.9% 18-20
Total assets
€964k
-13.4% 18-20
Equity
€464k
-5.1% 18-20
Working capital
€-155k
+30.9% 18-20
Income taxes
€0
-100.0% 18-20
Debt
€486k
-20.1% 18-20
Show 6 other metrics
Debt ≤ 1y
€486k
-20.1% 18-20
Current ratio
0.68
+7.9% 18-20
Quick ratio
0.68
+7.9% 18-20
Solvency
48.1%
+9.6% 18-20
ROE
7.8%
-32.5% 18-20
ROA
3.8%
-26.0% 18-20
Figures by fiscal year
Fiscal year2020
Depositverkort
Revenue-
EBITDA€-6k
Net profit€36k
Cash flow€63k
Staff costs-
Income taxes€0
Dividends-
Total assets€964k
Equity€464k
Debt€486k
of which ≤ 1y€486k
of which > 1y-
Working capital€-155k
Employees (FTE)-
Ratios (computed)
2020
Current ratio0.68
Quick ratio0.68
Working capital ratio-16.1%
Solvency48.1%
Debt / equity-
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA3.8%
ROE7.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€964k
Fixed assets 21/28€633k
Tangible fixed assets 22/27€633k
Current assets 29/58€331k
Amounts receivable within one year 40/41€231k
Cash & bank 54/58€16k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€964k
Equity 10/15€464k
Contributions / capital 10/11€359k
Reserves 13€68k
Accumulated profits (losses) 14€36k
Provisions & deferred taxes 16€15k
Amounts payable 17/49€486k
Amounts payable within one year 42/48€486k
Trade debts payable within one year 44€4k
Income statement
Gross operating margin 9900€-4k
Operating result 9901€-33k
Financial income 75€6k
Financial charges 65€310
Result before taxes 9903€-27k
Income taxes 67/77€0
Net result for the period 9904€-25k
Result to be appropriated 9905€-20k
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 1 directors
Current directors & mandates
  • Thibaut van Hövell tot Westerflier
    Director
    State Gazette act 22105424 (05-09-2022)
    Current
    01-06-2021 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary -
Legal form Public limited company(014)
Incorporation23-08-1991
StatusActive
Postal code-
Establishment units 1 location
IMSOWA
Handelsbemiddeling gespecialiseerd in overige goederen, n.e.g.
since 19912.300.117.052
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0120/00L005 Brussels 700 m² 1 · 700 m² 32.2 m · 9 fl.
21019A0095/00A003 Brussels 502 m² - -
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022
05-09-2022
State Gazette act Director changes
2021
31-08-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
30-10-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
31-10-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
30-10-2018
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2017
31-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
29-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
30-09-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
2014
31-08-2014
NBB filing Annual accounts filed
fiscal year 2013 · verkort
2013
31-08-2013
NBB filing Annual accounts filed
fiscal year 2012 · verkort
2012
30-08-2012
NBB filing Annual accounts filed
fiscal year 2011 · verkort
Belgian State Gazette reading coverage 0 of 11 acts read

We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2022
05-09-2022 Thibaut van Hövell tot Westerflier appointed as director Director changes
  • Thibaut van Hövell tot Westerflier, Bestuurder
Technical details 
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      "reason": null,
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      "effective_date": "2021-06-01",
      "evidence_quote": "Aanvaarding van het ontslag van de volgende gedelegeerd bestuurder per 01/06/2021: Mevrouw Cornelia van H\u00F6vell-Verwater, wonende te B-2000 Antwerpen, Lange Nieuwstraat 29 bus 8. Er wordt kwijting verleend voor de oefening van haar mandaat.",
      "decharge_status": "granted",
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    },
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      "kind": "decharge_granted",
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        "rrn": "0682.639.478",
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      "effective_date": "2021-06-01",
      "evidence_quote": "Aanvaarding van het ontslag van de volgende bestuurders en gedelegeerd bestuurder per 01/06/2021: -Lemon Tree Invest BVBA, waarvan de maatschappelijke zetel gelegen is te B-2930 Brasschaat, d\u0027Oultremontlei 32 en ondernemingsnummer 0682.639.478, vast vertegenwoordigd door de heer Zeger van H\u00F6vell tot",
      "decharge_status": "granted",
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      "rep_rotation_new_rep": null,
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    },
    {
      "kind": "decharge_granted",
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      "evidence_quote": "Aanvaarding van het ontslag van de volgende bestuurders en gedelegeerd bestuurder per 01/06/2021: - Mevrouw Cornelia van H\u00F6vell-Verwater, wonende te B-2000 Antwerpen, Lange Nieuwstraat 29 bus 8 voor haar mandaten van bestuurder en gedelegeerd bestuurder.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Thibaut van H\u00F6vell tot Westerflier",
        "address": "B-1000 Brussel, Lariksenstraat 6",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": false,
      "effective_date": "2021-06-01",
      "evidence_quote": "Benoeming van de volgende bestuurder per 01/06/2021: De Heer Thibaut van H\u00F6vell tot Westerflier, wonende te B-1000 Brussel, Lariksenstraat 6. Zijn mandaat is onbezoldigd en hij is benoemd voor een duur van 6 jaar.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
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      },
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      "rep_rotation_old_rep": null,
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    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-09-05",
    "filing_date": "2022-08-25",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "raad_van_bestuur",
      "date": "2022-08-18",
      "unanimous": true
    },
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2022-08-18",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0444.917.917",
    "name_full": "Imsowa",
    "legal_form": "naamloze vennootschap",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Cornelia van H\u00F6vell-Verwater",
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL IMSOWA
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative