IMVERSA
ActiveIMVERSA has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.02M and a net result of €610k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 52% of 7505 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
94
/ 100
Excellent▲ +49 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency90▲+20
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 2.32 against 1.77 in 2024), but 54.5% 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 risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.5%
Return on assets
27.1%
Age of the figures
8 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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
18 d late
2024
55 d late
2023
29 d late
2022
32 d late
2021
30 d late
2020
27 d late
2019
4 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
06-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.02M▲ 75.2%
2024 · €585k
2019: €400k
2020: €505k
2021: €760k
2022: €824k
2023: €887k
2024: €585k
2019 → 2025
Total assets
€2.25M▲ 29.2%
2024 · €1.74M
2019: €1.29M
2020: €1.38M
2021: €1.56M
2022: €1.72M
2023: €1.72M
2024: €1.74M
2019 → 2025
Net result
€610k
2024 · €-116k
2019: €338k
2020: €263k
2021: €254k
2022: €136k
2023: €182k
2024: €-116k
2019 → 2025
Working capital
€1.12M▲ 82.0%
2024 · €614k
2019: €333k
2020: €447k
2021: €690k
2022: €800k
2023: €754k
2024: €614k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€760k-€824k▲ 8.4%€887k▲ 7.6%€585k▼ 34.0%€1.02M▲ 75.2%
Operating result€363k-€206k▼ 43.4%€287k▲ 39.9%€-93k€778k
Net result€254k-€136k▼ 46.5%€182k▲ 33.3%€-116k€610k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €778k after a loss of €93k in 2024, the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.25M
Fixed assets
€283k▼ 15.3%
Current assets
€1.97M▲ 39.8%
Equity and liabilities €2.25M
Equity
€1.02M▲ 75.2%
Debt
€1.23M▲ 6.0%
The debt ratio falls from 66.4% to 54.5%: equity grows faster than debt.
Key figures and ratios
EBITDA
€865k▲
2024 · €-9k
Cash flow
€697k▲
2024 · €-32k
Solvency
45.5%▲
2024 · 33.6%
Current ratio
2.32▲
2024 · 1.77
Quick ratio
2.03▲
2024 · 1.48
Debt / equity
1.20▼
2024 · 1.98
ROE
59.5%▲
2024 · -19.8%
ROA
27.1%▲
2024 · -6.7%
Interest coverage
23.57▲
2024 · -0.43
Debt
€1.23M▲
2024 · €1.16M
Debt ≤ 1 year
€850k▲
2024 · €794k
Debt > 1 year
€376k▲
2024 · €363k
Income taxes
€131k▲
2024 · €2k
Staff costs
€1.15M▼
2024 · €1.21M
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
Total assets20/58€1.74M€2.25M▲
Fixed assets21/28€334k€283k▼
Intangible fixed assets21€17k€12k▼
Tangible fixed assets22/27€314k€268k▼
Financial fixed assets28€3k€3k=
Current assets29/58€1.41M€1.97M▲
Stocks & contracts in progress3€233k€244k▲
Amounts receivable within one year40/41€1.15M€991k▼
Cash & bank54/58€25k€733k▲
Total equity & liabilities10/49€1.74M€2.25M▲
Equity10/15€585k€1.02M▲
Contributions / capital10/11€6k€6k=
Reserves13€579k€1.02M▲
Amounts payable17/49€1.16M€1.23M▲
Amounts payable after one year17€363k€376k▲
Amounts payable within one year42/48€794k€850k▲
Trade debts payable within one year44€575k€533k▼
Income statement
Code20242025
Gross operating margin9900€1.21M€2.03M▲
Operating result9901€-93k€778k▲
Financial income75€594€391▼
Financial charges65€21k€37k▲
Result before taxes9903€-114k€741k▲
Income taxes67/77€2k€131k▲
Net result for the period9904€-116k€610k▲
Result to be appropriated9905€-116k€610k▲
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 18 days late
2025
31-12
Financial
Back to profitnet €610k
Net result €610k after one loss-making year.
31-12
Financial
Equity above €1MEq €1.02M ▲75.2%
Equity rises from €585k to €1.02M.
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 55 days late
2024
31-12
Financial
Weakest financial yearnet €-116k ▼164%
Net result drops to €-116k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 32 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
31-12
Financial
Equity above €500kEq €505k ▲26.4%
2 profitable years in a row build equity to €505k.
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 4 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
03-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 3 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
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.
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Directors · office · real estate
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Of 6,983 companies in sector 43221 we hold annual accounts for 3,415. 1,609 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-2012
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-07-2026. Scores and ratios are computed by Checked and are not a credit decision.