IMTRACK
ActiveIMTRACK has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-24k) and a net result of €-2k. Equity is shrinking by ~48% per year across the filed fiscal years. Its solvency ranks better than 5% of 11165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
18
/ 100
Critical▲ +3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability35▼-17
Solvency33=
Growth32=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Age of the figures
Age of the figures
11 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€24k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
34 d late
2023
2 d late
2022
186 d late
2021
5 d late
2020
63 d early
2019
63 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
12-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-24k▼ 7.5%
2024 · €-23k
2018: €44k
2019: €24k
2020: €12k
2021: €-2k
2022: €-16k
2023: €-20k
2024: €-23k
2018 → 2025
Total assets
€2k▲ 6.2%
2024 · €1k
2018: €78k
2019: €49k
2020: €32k
2021: €15k
2022: €3k
2023: €687
2024: €1k
2018 → 2025
Net result
€-2k▲ 28.3%
2024 · €-2k
2018: €8k
2019: €-20k
2020: €-12k
2021: €-15k
2022: €-13k
2023: €-5k
2024: €-2k
2018 → 2025
Working capital
€-24k▼ 7.5%
2024 · €-23k
2018: €51k
2019: €28k
2020: €18k
2021: €4k
2022: €-12k
2023: €-20k
2024: €-23k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-2k-€-16k▼ 584%€-20k▼ 31.1%€-23k▼ 11.7%€-24k▼ 7.5%
Operating result€-15k-€-13k▲ 13.8%€-4k▲ 69.2%€-2k▲ 45.4%€-2k▲ 28.1%
Net result€-15k-€-13k▲ 9.8%€-5k▲ 63.5%€-2k▲ 50.7%€-2k▲ 28.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2k in 2025 against €2k in 2024; the loss shrinks.
Key figures and ratios
Debt
€26k▲
2024 · €24k
Debt ≤ 1 year
€26k▲
2024 · €24k
Ratios withheld: a balance sheet total of €2k is too small for a meaningful ratio.
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1k€2k▲
Current assets29/58€1k€2k▲
Amounts receivable within one year40/41€355€495▲
Other amounts receivable41€355€495▲
Cash at bank and in hand54/58€1€3▲
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€1k€2k▲
Equity10/15€-23k€-24k▼
Contributions10/11€6k€6k=
Reserves13€38k€38k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€36k€36k=
Profit (loss) carried forward14€-67k€-68k▼
Amounts payable17/49€24k€26k▲
Amounts payable within one year42/48€24k€26k▲
Current portion of amounts payable after more than one year42€1k€362▼
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Other amounts payable47/48€22k€23k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€75-
Other operating charges640/8€727€845▲
Gross operating margin9900€-1k€-718▲
Operating profit (loss)9901€-2k€-2k▲
Financial charges65/66B€210€146▼
Recurring financial charges65€210€146▼
Profit (loss) for the period before taxes9903€-2k€-2k▲
Profit (loss) for the period9904€-2k€-2k▲
Profit (loss) for the period to be appropriated9905€-2k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-67k€-68k▼
Profit (loss) brought forward from the previous period14P€-64k€-67k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 34 days late
2024
02-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
02-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 186 days late
2022
05-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-20k ▼346%
Net result drops to €-20k, the lowest in the series; recovery starts the following year.
05-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Balen · 1 establishment unit since 2007
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.
Leeuwerikheide 1162490 BalenGround area
1,388 m²
Building footprint
176 m²
Volume, LiDAR
987 m³
Parcel 13003A0110/00M023, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IMTRACK
since 20072.161.335.489
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003A0110/00M023 | Flanders | 1,388 m² | 1 · 176 m² | 8.6 m · 2 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.
Similar companies · same sector, comparable size
ECOFLEX DECLERC
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YVENTUM
BE 0828.795.318
Antwerpen · Eq €12k
ATTILLATO
BE 0889.709.140
Aartselaar · Eq €13k
BVR
BE 0787.713.343
Evergem · Eq €12k
ETABLISSEMENTS Philippe HOOLANS
BE 0449.752.772
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Of 4,406 companies in sector 46180 we hold annual accounts for 1,875. 973 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-02-2007
Fiscal year end30-09
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
46150Agents in the wholesale of furniture, household goods and hardware
51150
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.