IMVAL
ActiveSummary
IMVAL has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.22M and a net result of €-52k. Equity remains stable across the filed fiscal years (±2.3% per year). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability35▼-1
Solvency73▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.0 in 2023; short-term debt: 51.5% and cash: 0.1% of total assets), and 51.5% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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 2024Solvency, return and age of the figures
Solvency
48.5%
Return on assets
-1.1%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
30 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€2.22M▼ 2.3%
2023 · €2.27M
Total assets
€4.58M=
2023 · €4.58M
Net result
€-52k▼ 107%
2023 · €-25k
Working capital
€-2.35M▼ 2.3%
2023 · €-2.30M
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
Line20202021202220232024
Operating result€-23k▼ 1,030%€-4k▲ 83.1%€-12k▼ 217%€-25k▼ 108%€-32k▼ 27.1%
Net result€-22k▼ 1,258%€28k€-12k€-25k▼ 108%€-52k▼ 107%
Equity€2.28M▼ 50.4%€2.31M▲ 1.2%€2.29M▼ 0.5%€2.27M▼ 1.1%€2.22M▼ 2.3%
Total assets€4.57M▼ 0.5%€4.60M▲ 0.6%€4.58M▼ 0.3%€4.58M▼ 0.1%€4.58M=
Debt€2.29M€2.29M=€2.29M=€2.31M▲ 0.8%€2.36M▲ 2.2%
Working capital€-2.28M€-2.25M▲ 1.2%€-2.28M▼ 1.3%€-2.30M▼ 1.1%€-2.35M▼ 2.3%
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 stays negative: a loss of €32k in 2024 against €25k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.58M
Fixed assets
€4.57M =
Current assets
€4k ▼ 31.8%
Equity and liabilities €4.58M
Equity
€2.22M ▼ 2.3%
Debt
€2.36M ▲ 2.2%
Debt's share of the balance-sheet total rises from 50.4% to 51.5%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.00▼
2023 · 0.00
Debt to equity
1.06▲
2023 · 1.02
ROE
-2.3%▼
2023 · -1.1%
ROA
-1.1%▼
2023 · -0.5%
Debt ≤ 1 year
€2.36M▲
2023 · €2.31M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €1k | €1k | €1k | €1k | ▼ 4.3% |
| Gross operating margin9900 | €-22k | €-3k | €-11k | €-24k | €-31k | ▼ 28.9% |
| Operating profit (loss)9901 | €-23k | €-4k | €-12k | €-25k | €-32k | ▼ 27.1% |
| Financial income75/76B | - | €32k | €19 | €0 | €3 | - |
| Recurring financial income75 | €269 | €32k | €19 | €0 | €3 | - |
| Financial charges65/66B | - | €37 | €39 | €39 | €20k | ▲ 51,605% |
| Recurring financial charges65 | €30 | €37 | €39 | €39 | €20k | ▲ 51,605% |
| Profit (loss) for the period before taxes9903 | €-22k | €28k | €-12k | €-25k | €-52k | ▼ 107% |
| Profit (loss) for the period9904 | €-22k | €28k | €-12k | €-25k | €-52k | ▼ 107% |
| Profit (loss) for the period to be appropriated9905 | €-22k | €28k | €-12k | €-25k | €-52k | ▼ 107% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.57M | €4.60M | €4.58M | €4.58M | €4.58M | = |
| Fixed assets21/28 | €4.55M | €4.55M | €4.57M | €4.57M | €4.57M | = |
| Financial fixed assets28 | €4.55M | €4.55M | €4.57M | €4.57M | €4.57M | = |
| Current assets29/58 | €15k | €43k | €13k | €6k | €4k | ▼ 31.8% |
| Amounts receivable after more than one year29 | - | €0 | - | - | - | - |
| Other amounts receivable291 | - | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €9k | €17k | €12k | €6k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €17k | €12k | €6k | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €1k | €6k | €895 | €634 | €4k | ▲ 579% |
| Deferred charges and accrued income490/1 | - | €20k | €0 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.57M | €4.60M | €4.58M | €4.58M | €4.58M | = |
| Equity10/15 | €2.28M | €2.31M | €2.29M | €2.27M | €2.22M | ▼ 2.3% |
| Contributions10/11 | - | €2.31M | €2.31M | €2.31M | €2.31M | = |
| Reserves13 | €315 | €315 | €315 | €315 | €315 | = |
| Non-distributable reserves130/1 | - | €315 | €315 | €315 | €315 | = |
| Reserves not available under the articles1311 | - | €315 | €315 | €315 | €315 | = |
| Profit (loss) carried forward14 | €-31k | €-3k | €-15k | €-40k | €-92k | ▼ 129% |
| Amounts payable17/49 | €2.29M | €2.29M | €2.29M | €2.31M | €2.36M | ▲ 2.2% |
| Amounts payable within one year42/48 | €2.29M | €2.29M | €2.29M | €2.31M | €2.36M | ▲ 2.2% |
| Trade debts44 | €167 | €1k | €136 | €133 | €4k | ▲ 2,650% |
| Suppliers440/4 | - | €1k | €136 | €133 | €4k | ▲ 2,650% |
| Other amounts payable47/48 | - | €2.29M | €2.29M | €2.31M | €2.35M | ▲ 2.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-22k | €28k | €-12k | €-25k | €-52k | ▼ 107% |
| Operating cash flow (approximation) | €-22k | €28k | €-12k | €-25k | €-52k | ▼ 107% |
| Investment in fixed assets (approximation) | - | €0 | €-17k | €0 | €0 | - |
| Change in cash | - | €4k | €-5k | €-261 | €4k | ▲ 1,506% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €-52k
Net result drops to €-52k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €28k
Net result €28k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
15-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Wevelgem · 1 establishment unit since 2012
Ground area
2,028 m²
Building footprint
497 m²
Volume, LiDAR
2,347 m³
Parcel 34041C0120/00T005, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
IMVAL
since 20122.215.785.153
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34041C0120/00T005 | Flanders | 2,028 m² | 1 · 497 m² | 7.8 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded27-12-2012
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.