IMVENA
ActiveThe file of IMVENA contains 2 judicial reorganisation notices, as published in the Belgian State Gazette.
Summary
The 2025 annual accounts show equity of €52,300 and a net result of -€467,419. Equity is shrinking by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 7% of 5565 sector peers (fiscal year 2025).
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 7% of 5565 sector peers (2025).
NBB · sector comparisonPosition among 5565 sector peers
Solvency
better than 7%
← weakest
strongest →
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 22-04-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
30 d late
2023
22 d late
2022
4 d early
2021
19 d late
2019
59 d late
2018
27 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€52,300▼ 89.9%
2024 · €519,719
Net result
-€467,419▼ 57.7%
2024 · -€296,442
Total assets
€2.2m▼ 37.2%
2024 · €3.5m
Solvency
2.4%▼ 12.6pp
2024 · 15.1%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€201,566--€217-€32,989▼ 15,102%€108,467-€466,644
Net result-€6,422below the sector's middle half--€55,065below the sector's middle half▼ 757%-€83,733below the sector's middle half▼ 52.1%-€296,442below the sector's middle half▼ 254%-€467,419below the sector's middle half▼ 57.7%
Equity€971,138within the sector's middle half-€916,073within the sector's middle half▼ 5.7%€816,161within the sector's middle half▼ 10.9%€519,719within the sector's middle half▼ 36.3%€52,300below the sector's middle half▼ 89.9%
Total assets€2.9mwithin the sector's middle half-€2.7mwithin the sector's middle half▼ 6.1%€2.5mwithin the sector's middle half▼ 6.8%€3.5mwithin the sector's middle half▲ 36.2%€2.2mwithin the sector's middle half▼ 37.2%
Debt€1.8m-€1.7m▼ 6.4%€1.6m▼ 4.7%€2.9m▲ 74.0%€2.0m▼ 28.4%
Working capital€31,924--€29,239-€257,694▼ 781%-€993,432▼ 286%-€1.5m▼ 52.2%
Solvency33.5%within the sector's middle half-33.7%within the sector's middle half▲ 0.1pp32.2%within the sector's middle half▼ 1.5pp15.1%below the sector's middle half▼ 17.1pp2.4%below the sector's middle half▼ 12.6pp
Staff (FTE)0within the sector's middle half0within the sector's middle half0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
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 turns negative in 2025: a loss of €466,644 after €108,467 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.2m
Fixed assets
€2.2m ▼ 0.8%
Current assets
€8,319 ▼ 99.3%
Equity and liabilities €2.2m
Equity
€52,300 ▼ 89.9%
Provisions
€66,263 ▼ 5.3%
Debt
€2.0m ▼ 28.4%
Debt's share of the balance-sheet total rises from 82.9% to 94.5%. Equity and debt are lower.
Key figures and ratios
ROE
-893.7%▼
2024 · -57.0%
ROA
-21.6%▼
2024 · -8.6%
Debt ≤ 1 year
€1.5m▼
2024 · €2.3m
Debt > 1 year
€525,993▼
2024 · €588,262
Income taxes
€18,223▼
2024 · €229,832
Staff costs
€8,052
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €41,403 | €24,421 | €29,550 | €0 | €121,697 | - |
| Remuneration, social security and pensions62 | - | - | - | - | €8,052 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €189,199 | €108,151 | €105,878 | €99,869 | €92,806 | ▼ 7.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €556,530 | - |
| Other operating charges640/8 | €17,932 | €14,052 | €9,668 | €33,366 | €10,208 | ▼ 69.4% |
| Non-recurring operating charges66A | - | €2,411 | €12,646 | €0 | - | - |
| Gross operating margin9900 | €408,697 | €124,398 | €95,203 | €241,702 | €200,952 | ▼ 16.9% |
| Operating profit (loss)9901 | €201,566 | -€217 | -€32,989 | €108,467 | -€466,644 | ▼ 530% |
| Financial income75/76B | €17,417 | €1,540 | €4,093 | €50,748 | €75,381 | ▲ 48.5% |
| Recurring financial income75 | €17,417 | €1,540 | €4,093 | €50,748 | €75,381 | ▲ 48.5% |
| Financial charges65/66B | €99,017 | €58,808 | €57,704 | €229,564 | €61,671 | ▼ 73.1% |
| Recurring financial charges65 | €99,017 | €58,808 | €57,704 | €229,564 | €61,671 | ▼ 73.1% |
| Profit (loss) for the period before taxes9903 | €119,965 | -€57,485 | -€86,600 | -€70,348 | -€452,934 | ▼ 544% |
| Transfer from deferred taxes780 | €3,738 | €3,738 | €3,738 | €3,738 | €3,738 | = |
| Transfer to deferred taxes680 | €127,430 | €0 | - | - | - | - |
| Income taxes67/77 | €2,695 | €1,317 | €872 | €229,832 | €18,223 | ▼ 92.1% |
| Profit (loss) for the period9904 | -€6,422 | -€55,065 | -€83,733 | -€296,442 | -€467,419 | ▼ 57.7% |
| Transfer from tax-exempt reserves789 | €14,952 | €14,952 | €14,952 | €14,952 | €14,952 | = |
| Transfer to tax-exempt reserves689 | €302,338 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€293,807 | -€40,112 | -€68,781 | -€281,490 | -€452,466 | ▼ 60.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.9m | €2.7m | €2.5m | €3.5m | €2.2m | ▼ 37.2% |
| Fixed assets21/28 | €2.7m | €2.6m | €2.5m | €2.2m | €2.2m | ▼ 0.8% |
| Tangible fixed assets22/27 | €2.2m | €2.1m | €2.0m | €1.8m | €1.7m | ▼ 6.9% |
| Land and buildings22 | €2.2m | €2.1m | €2.0m | €1.8m | €1.7m | ▼ 6.8% |
| Plant, machinery and equipment23 | €2,104 | €1,582 | €1,185 | €1,260 | €668 | ▼ 47.0% |
| Furniture and vehicles24 | €18,251 | €10,980 | €7,162 | €4,722 | €2,665 | ▼ 43.6% |
| Financial fixed assets28 | €460,000 | €460,000 | €460,000 | €352,000 | €460,000 | ▲ 30.7% |
| Current assets29/58 | €243,459 | €162,819 | €84,590 | €1.3m | €8,319 | ▼ 99.3% |
| Amounts receivable after more than one year29 | €12,646 | €12,646 | €0 | - | - | - |
| Other amounts receivable291 | €12,646 | €12,646 | €0 | - | - | - |
| Amounts receivable within one year40/41 | €223,064 | €143,957 | €79,559 | €1.3m | €2,651 | ▼ 99.8% |
| Trade receivables40 | €2,490 | €4,446 | €9,983 | €6,463 | €2,651 | ▼ 59.0% |
| Other amounts receivable41 | €220,573 | €139,511 | €69,576 | €1.3m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €1 | €36 | €52 | €283 | €481 | ▲ 70.2% |
| Deferred charges and accrued income490/1 | €7,749 | €6,180 | €4,979 | €5,926 | €5,187 | ▼ 12.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.9m | €2.7m | €2.5m | €3.5m | €2.2m | ▼ 37.2% |
| Equity10/15 | €971,138 | €916,073 | €816,161 | €519,719 | €52,300 | ▼ 89.9% |
| Contributions10/11 | €345,000 | €345,000 | €345,000 | €345,000 | €345,000 | = |
| Revaluation surpluses12 | €744,375 | €698,567 | €652,759 | €606,952 | €561,144 | ▼ 7.5% |
| Reserves13 | €501,641 | €532,496 | €563,352 | €594,207 | €625,063 | ▲ 5.2% |
| Tax-exempt reserves132 | €329,862 | €314,910 | €299,958 | €285,005 | €270,053 | ▼ 5.2% |
| Distributable reserves133 | €171,779 | €217,586 | €263,394 | €309,202 | €355,009 | ▲ 14.8% |
| Profit (loss) carried forward14 | -€619,878 | -€659,990 | -€744,950 | -€1.0m | -€1.5m | ▼ 44.1% |
| Provisions and deferred taxes16 | €81,216 | €77,478 | €73,739 | €70,001 | €66,263 | ▼ 5.3% |
| Deferred taxes168 | €81,216 | €77,478 | €73,739 | €70,001 | €66,263 | ▼ 5.3% |
| Amounts payable17/49 | €1.8m | €1.7m | €1.6m | €2.9m | €2.0m | ▼ 28.4% |
| Amounts payable after more than one year17 | €1.6m | €1.5m | €1.3m | €588,262 | €525,993 | ▼ 10.6% |
| Financial debts170/4 | €1.6m | €1.5m | €1.3m | €588,262 | €525,993 | ▼ 10.6% |
| Other amounts payable178/9 | - | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €211,535 | €192,057 | €342,285 | €2.3m | €1.5m | ▼ 33.0% |
| Current portion of amounts payable after more than one year42 | €70,273 | €73,925 | €71,777 | €33,062 | €34,367 | ▲ 3.9% |
| Financial debts43 | €21,582 | €64,872 | €68,346 | €1.2m | €1.2m | ▲ 0.5% |
| Credit institutions430/8 | €21,582 | €64,872 | €68,346 | €1.2m | €1.2m | ▲ 0.5% |
| Trade debts44 | €26,059 | €25,919 | €37,266 | €16,001 | €35,993 | ▲ 125% |
| Suppliers440/4 | €26,059 | €25,919 | €37,266 | €16,001 | €35,993 | ▲ 125% |
| Taxes, remuneration and social security45 | €24,490 | €24,910 | €8,100 | €233,869 | €219,140 | ▼ 6.3% |
| Taxes450/3 | €24,490 | €24,910 | €8,100 | €233,869 | €218,167 | ▼ 6.7% |
| Remuneration and social security454/9 | - | - | - | - | €973 | - |
| Other amounts payable47/48 | €69,131 | €2,431 | €156,795 | €761,477 | €1,161 | ▼ 99.8% |
| Accrued charges and deferred income492/3 | €3,921 | €17,743 | €17,626 | €6,507 | €3,405 | ▼ 47.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,422 | -€55,065 | -€83,733 | -€296,442 | -€467,419 | ▼ 57.7% |
| + Depreciation and write-downs630 | €189,199 | €108,151 | €105,878 | €99,869 | €92,806 | ▼ 7.1% |
| Operating cash flow (approximation) | €182,777 | €53,086 | €22,145 | -€196,574 | -€374,613 | ▼ 90.6% |
| Investment in fixed assets (approximation) | - | -€12,976 | -€145 | €172,527 | -€74,697 | ▼ 143% |
| Change in cash | - | €35 | €15 | €231 | €199 | ▼ 14.1% |
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
Next filing, fiscal year 2026, expected by
2026
10-07
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Gent · event 23-06-2026
04-05
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collective agreement (SME) · event 28-04-2026
22-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet -€467,419
Net result drops to -€467,419, the lowest in the series.
30-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
22-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 22 days late
2023
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
30-09
Financial
Liquidity doublescurrent ratio 1.15
Current ratio from 0.48 to 1.15; short-term debt falls from €881,497 to €211,535.
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 59 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Kortrijk · 1 establishment unit since 1990
Ground area
2,737 m²
Building footprint
700 m²
Volume, LiDAR
2,423 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Imvena
since 19902.049.681.363
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34005C0768/00P003 | Flanders | 1,929 m² | 1 · 494 m² | 7.9 m · 1 fl. |
| 34005C0768/00N002 | Flanders | 808 m² | 1 · 206 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 holdingOwners 0
The accounts to 30-09-2024 list no shareholders, and no other source names one.
Holdings 1
-
95.83%
According to the annual accounts to 30-09-2024 of IMVENA and those 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.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,773. 10,549 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-08-1990
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0441835196
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.