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IMVANTEX

Active
Public limited companyfounded 198343 yrs activeLeemputstraat 73, 8792 Waregem, BelgiumKBO/BCE: BE 0424.092.512

IMVANTEX has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €427k and a net result of €116k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 81% of 9688 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
100 / 100
Excellent▲ +7 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 1.98 against 2.53 in 2023), and 25.7% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 43 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
74.3%
Return on assets
20.1%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
36 d early
2023
58 d early
2022
56 d early
2021
39 d early
2020
13 d early
2019
21 d early
← before the deadline after the 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

Financials · fiscal year 2024, abbreviated schema

Equity
€427k▲ 3.8%
2023 · €412k
2019: €399k 2020: €399k 2021: €399k 2022: €399k 2023: €412k
2019 → 2024
Total assets
€575k▲ 10.8%
2023 · €519k
2019: €622k 2020: €531k 2021: €565k 2022: €575k 2023: €519k
2019 → 2024
Net result
€116k▲ 2.7%
2023 · €112k
2019: €43k 2020: €124k 2021: €143k 2022: €161k 2023: €112k
2019 → 2024
Working capital
€145k▼ 11.3%
2023 · €164k
2019: €147k 2020: €148k 2021: €149k 2022: €150k 2023: €164k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€399k-€399k=€399k▲ 0.1%€412k▲ 3.1%€427k▲ 3.8%
Operating result€124k-€162k▲ 30.8%€214k▲ 31.9%€148k▼ 30.9%€149k▲ 0.8%
Net result€124k-€143k▲ 15.1%€161k▲ 12.3%€112k▼ 29.9%€116k▲ 2.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€100k€200kOperating result 2020: €124k€124kNet result 2020: €124k€124kOperating result 2021: €162k€162kNet result 2021: €143k€143kOperating result 2022: €214k€214kNet result 2022: €161k€161kOperating result 2023: €148k€148kNet result 2023: €112k€112kOperating result 2024: €149k€149kNet result 2024: €116k€116k20202021202220232024
The operating result recovers in 2024; 2024 is 1% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €575k
Fixed assets €282k▲ 13.7%
Current assets €293k▲ 8.1%
Equity and liabilities €575k
Equity €427k▲ 3.8%
Debt €148k▲ 37.9%
The debt ratio rises from 20.7% to 25.7%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€150k
2023 · €149k
Cash flow
€116k
2023 · €113k
Solvency
74.3%
2023 · 79.3%
Current ratio
1.98
2023 · 2.53
Quick ratio
1.98
2023 · 2.53
Debt / equity
0.35
2023 · 0.26
ROE
27.0%
2023 · 27.3%
ROA
20.1%
2023 · 21.7%
Interest coverage
5205.68
2023 · 6309.30
Debt
€148k
2023 · €107k
Debt ≤ 1 year
€148k
2023 · €107k
Income taxes
€39k
2023 · €37k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€519k€575k
Fixed assets21/28€248k€282k
Tangible fixed assets22/27€248k€282k
Land and buildings22€245k€279k
Plant, machinery and equipment23€4k€3k
Current assets29/58€271k€293k
Amounts receivable within one year40/41€20k€35k
Trade receivables40€6k€32k
Other amounts receivable41€14k€3k
Current investments50/53€175k€150k
Cash at bank and in hand54/58€76k€108k
Deferred charges and accrued income490/1€549€210
Equity and liabilities
Total equity and liabilities10/49€519k€575k
Equity10/15€412k€427k
Contributions10/11€360k€360k=
Capital10€360k€360k=
Issued capital100€360k€360k=
Reserves13€52k€67k
Non-distributable reserves130/1€36k€36k=
Legal reserve130€36k€36k=
Distributable reserves133€16k€31k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€107k€148k
Amounts payable within one year42/48€107k€148k
Trade debts44€7k€41k
Suppliers440/4€7k€41k
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€100k€107k
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€795€981
Other operating charges640/8€26k€27k
Gross operating margin9900€175k€177k
Operating profit (loss)9901€148k€149k
Financial income75/76B€2k€5k
Recurring financial income75€2k€5k
Financial charges65/66B€24€29
Recurring financial charges65€24€29
Profit (loss) for the period before taxes9903€150k€154k
Income taxes67/77€37k€39k
Profit (loss) for the period9904€112k€116k
Profit (loss) for the period to be appropriated9905€112k€116k
Appropriation of the result
Profit (loss) to be appropriated9906€112k€116k
Transfer to equity691/2€12k€16k
To other reserves6921€12k€16k
Profit to be distributed694/7€100k€100k=
Return on contributions (dividend)694€100k€100k=

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
25-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
05-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Highest result since 2019net €161k ▲12.3%
Operating result €214k, net result €161k, both a record.
2021
23-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
18-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
10-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
14-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
12-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
18-12
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts

We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
7 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, Waregem · 1 establishment unit since 1983
exact location from the address register On OpenStreetMap
Ground area
3.4 ha
Building footprint
1.9 ha
Parcel 34010B0387/00T003, Flanders. Linked by address, not a title deed.
1 establishment unit
IMVANTEX
Leemputstraat 73, 8792 WaregemManufacture of paper and paper products
since 19832.022.451.186
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34010B0387/00T003 Flanders 3.4 ha 1 · 1.9 ha -
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

Of 7,284 companies in sector 68110 we hold annual accounts for 5,351. 3,734 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded21-04-1983
Fiscal year end31-12
Activities, NACEBEL
17210
68110Buying and selling of own real estate
13200Manufacture of textiles
13930Manufacture of textiles
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers

Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.