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IMTEK

Active
Private limited company (pre-2019)founded 20188 yrs activeJeruzalemstraat 165, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0699.506.293
Summary

The computed 12-month bankruptcy probability of IMTEK is 1.6% (moderate). The 2025 annual accounts show equity of €45,588 and a net result of -€3,024. Equity remains stable across the filed fiscal years (±2% per year). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability21▲+13
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
cash: 3% of total assets, and 0% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
100%
Return on assets
-6.6%
Age of the figures
18 mo
raises risk · 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
highest failure risk from 2 to 8 years 8 years 0 10 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year -€3,024
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
2 d early
2024
32 d late
2023
on the day
2022
43 d late
2021
26 d late
2020
1 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 16 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
neutral · 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

History

IMTEK was incorporated on 2 July 2018.1 Total assets fell from EUR 225,928 in 2020 to EUR 45,588 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€45,588▼ 6.2%
2024 · €48,613
Total assets
€45,588▼ 6.2%
2024 · €48,613
Net result
-€3,024▲ 46.4%
2024 · -€5,647
Working capital
€48,613▼ 74.0%
2023 · €186,759
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€19,807-€1,024€49,013-€2,681-€2,514▲ 6.2%
Net result€10,098-€28,266€31,561-€5,647-€3,024▲ 46.4%
Equity€50,964▲ 24.7%€22,698▼ 55.5%€54,259▲ 139%€48,613▼ 10.4%€45,588▼ 6.2%
Total assets€351,224▲ 55.5%€906,786▲ 158%€308,550▼ 66.0%€48,613▼ 84.2%€45,588▼ 6.2%
Debt€300,261▲ 62.2%€884,089▲ 194%€254,291▼ 71.2%€0▼ 100%
Working capital€134,231▲ 6.6%€106,094▼ 21.0%€186,759▲ 76.0%€48,613▼ 74.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000€40,000Operating result 2021: €19,807€19,807Net result 2021: €10,098€10,098Operating result 2022: -€1,024-€1,024Net result 2022: -€28,266-€28,266Operating result 2023: €49,013€49,013Net result 2023: €31,561€31,561Operating result 2024: -€2,681-€2,681Net result 2024: -€5,647-€5,647Operating result 2025: -€2,514-€2,514Net result 2025: -€3,024-€3,02420212022202320242025-€20,000€0€20,000€40,000Operating result 2023: €49,013€49,000Net result 2023: €31,561€31,600Operating result 2024: -€2,681-€2,680Net result 2024: -€5,647-€5,650Operating result 2025: -€2,514-€2,510Net result 2025: -€3,024-€3,020202320242025
The operating result stays negative: a loss of €2,514 in 2025 against €2,681 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
Solvency
100.0%=
2024 · 100.0%
ROE
-6.6%▲
2024 · -11.6%
ROA
-6.6%▲
2024 · -11.6%
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
7.3% stopped otherwise
90% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.6% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,442 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 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€48,613€45,588▼
Current assets29/58€48,613€45,588▼
Stocks and contracts in progress3€4,742€0▼
Stocks30/36€4,742€0▼
Amounts receivable within one year40/41€31,918€44,202▲
Other amounts receivable41€31,918€44,202▲
Cash at bank and in hand54/58€11,953€1,387▼
Equity and liabilities
Total equity and liabilities10/49€48,613€45,588▼
Equity10/15€48,613€45,588▼
Contributions10/11€50,000€50,000=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14-€1,387-€4,412▼
Amounts payable17/49€0-
Amounts payable after more than one year17€0-
Other amounts payable178/9€0-
Amounts payable within one year42/48€0-
Trade debts44€0-
Suppliers440/4€0-
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€0-
Income statement Code20242025
Other operating charges640/8€516€1,108▲
Gross operating margin9900-€2,165-€1,406▲
Operating profit (loss)9901-€2,681-€2,514▲
Financial charges65/66B€2,966€511▼
Recurring financial charges65€2,966€511▼
Profit (loss) for the period before taxes9903-€5,647-€3,024▲
Income taxes67/77€0-
Profit (loss) for the period9904-€5,647-€3,024▲
Profit (loss) for the period to be appropriated9905-€5,647-€3,024▲
Appropriation of the result
Profit (loss) to be appropriated9906-€5,647-€4,412▲
Profit (loss) brought forward from the previous period14P€0-€1,387▼
Transfer from equity791/2€4,259€0▼
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,217-----
Other operating charges640/8-€468€519€516€1,108▲ 115%
Gross operating margin9900€20,367-€557€49,532-€2,165-€1,406▲ 35.1%
Operating profit (loss)9901€19,807-€1,024€49,013-€2,681-€2,514▲ 6.2%
Recurring financial income75€0-----
Financial charges65/66B-€27,242€16,252€2,966€511▼ 82.8%
Recurring financial charges65€9,399€27,242€16,252€2,966€511▼ 82.8%
Profit (loss) for the period before taxes9903€10,408-€28,266€32,761-€5,647-€3,024▲ 46.4%
Income taxes67/77€310-€1,200€0--
Profit (loss) for the period9904€10,098-€28,266€31,561-€5,647-€3,024▲ 46.4%
Profit (loss) for the period to be appropriated9905€10,098-€28,266€31,561-€5,647-€3,024▲ 46.4%
Line20212022202320242025Change
Assets
Total assets20/58€351,224€906,786€308,550€48,613€45,588▼ 6.2%
Formation expenses20€0-----
Intangible fixed assets21€0-----
Financial fixed assets28€0-----
Current assets29/58€351,224€906,786€308,550€48,613€45,588▼ 6.2%
Stocks and contracts in progress3€215,549€177,182€4,742€4,742€0▼ 100%
Stocks30/36-€177,182€4,742€4,742€0▼ 100%
Amounts receivable within one year40/41€169,057€683,057€0€31,918€44,202▲ 38.5%
Other amounts receivable41-€683,057€0€31,918€44,202▲ 38.5%
Current investments50/53€0-----
Cash at bank and in hand54/58€10,089€45,862€303,808€11,953€1,387▼ 88.4%
Deferred charges and accrued income490/1-€685€0---
Equity and liabilities
Total equity and liabilities10/49€351,224€906,786€308,550€48,613€45,588▼ 6.2%
Equity10/15€50,964€22,698€54,259€48,613€45,588▼ 6.2%
Contributions10/11-€50,000€50,000€50,000€50,000=
Reserves13€964€964€4,259€0--
Distributable reserves133-€964€4,259€0--
Profit (loss) carried forward14-€9,134-€28,266€0-€1,387-€4,412▼ 218%
Amounts payable17/49€300,261€884,089€254,291€0--
Amounts payable after more than one year17€85,000€82,500€132,500€0--
Other amounts payable178/9-€82,500€132,500€0--
Amounts payable within one year42/48€216,994€800,693€121,791€0--
Financial debts43-€780,546€0---
Credit institutions430/8-€780,546€0---
Trade debts44€20,147€20,147€105,516€0--
Suppliers440/4-€20,147€105,516€0--
Taxes, remuneration and social security45--€1,200€0--
Taxes450/3--€1,200€0--
Other amounts payable47/48--€15,076€0--
Accrued charges and deferred income492/3-€896€0---
Line20212022202320242025Change
Profit (loss) for the period9904€10,098-€28,266€31,561-€5,647-€3,024▲ 46.4%
+ Depreciation and write-downs630€1,217-----
Operating cash flow (approximation)€11,315-€28,266€31,561-€5,647-€3,024▲ 46.4%
Change in cash-€35,774€257,946-€291,855-€10,566▲ 96.4%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
29-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
02-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 32 days late
2023
31-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial Back to profitnet €31,561
Net result €31,561 after one loss-making year.
31-03
Financial Liquidity doublescurrent ratio 2.53
Current ratio from 1.13 to 2.53; short-term debt falls from €800,693 to €121,791.
2022
13-12
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
31-03
Financial Weakest financial yearnet -€28,266
Net result drops to -€28,266, the lowest in the series; recovery starts the following year.
2021
26-11
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
31-03
Financial Back to profitnet €10,098
Net result €10,098 after one loss-making year.
2020
30-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Erpe-Mere · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
2,501 m²
Building footprint
282 m²
Volume, LiDAR
1,496 m³
Parcel 41040B1065/00G000, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
IMTEK
Jeruzalemstraat 165, 9420 Erpe-MereSite preparation
since 20182.278.020.056
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41040B1065/00G000 Flanders 2,501 m² 1 · 281 m² 8.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. AD LIBIDUM 100%
  2. IMTEK

Highest known parent: AD LIBIDUM. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded02-07-2018
Fiscal year end31-03
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.