Summary
KIMAGE is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €131,255 and a net result of -€49,171. Equity has been shrinking by about 16% per year since 2021. Its solvency ranks better than 23% of 9,754 sector peers (NACE 64, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 26-08-2020 Normal situation
- Activity
- Activities of holding companies NACE 64210and 3 others
- Establishment unit
- 2.306.942.486 3940 Hechtel-Eksel, since 26-08-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 04-03-2026
Board and ownership
Board
- Geutjens MarcDirector · since 26-08-2020
- Holdings
- Shares in 2 companies BOUWBEDRIJF MARIBO and MARIBO
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts 2025
- Loss
- €49,171
- ▼ 32.0%
- Equity
- €131,255
- ▼ 27.3%
- Total assets
- €727,711
- ▼ 3.3%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
1 day early
2024
36 days early
2023
12 days early
2022
21 days early
2021
17 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 17 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 5 filings
Equity
€131,255▼ 27.3%
2024 · €180,427
Net result
-€49,171▲ 32.0%
2024 · -€72,335
Total assets
€727,711▼ 3.3%
2024 · €752,362
Solvency
18.0%▼ 5.9pp
2024 · 24.0%
Multi-year overview
2021 to 2025, 5 financial yearsOperating result
-€38,839
▲ 36.7%
2025
20212025
Net result
-€49,171
▲ 32.0%
2025
lowest quarter of the sector
20212025
Equity
€131,255
▼ 27.3%
2025
middle half of the sector
20212025
Total assets
€727,711
▼ 3.3%
2025
middle half of the sector
20212025
Debt
€596,456
▲ 4.3%
2025
20212025
Working capital
-€250,248
▲ 12.2%
2025
lowest quarter of the sector
20212025
Solvency
18.0%
▼ 5.9pp
2025
lowest quarter of the sector
20212025
Current ratio
0.05
=
2025
lowest quarter of the sector
20212025
Return on assets (ROA)
-6.8%
▲ 2.9pp
2025
lowest quarter of the sector
20212025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20212022202320242025
Operating result€79,831-€150,824▲ 88.9%-€53,326-€61,317▼ 15.0%-€38,839▲ 36.7%
Net result€58,356within the sector's middle half-€109,372above the sector's middle half▲ 87.4%-€14,965below the sector's middle half-€72,335below the sector's middle half▼ 383%-€49,171below the sector's middle half▲ 32.0%
Equity€158,356within the sector's middle half-€267,727within the sector's middle half▲ 69.1%€252,762within the sector's middle half▼ 5.6%€180,427within the sector's middle half▼ 28.6%€131,255within the sector's middle half▼ 27.3%
Total assets€796,408within the sector's middle half-€956,544above the sector's middle half▲ 20.1%€864,195within the sector's middle half▼ 9.7%€752,362within the sector's middle half▼ 12.9%€727,711within the sector's middle half▼ 3.3%
Debt€638,053-€688,817▲ 8.0%€611,433▼ 11.2%€571,936▼ 6.5%€596,456▲ 4.3%
Working capital-€55,930below the sector's middle half--€131,139below the sector's middle half▼ 134%-€186,829below the sector's middle half▼ 42.5%-€285,120below the sector's middle half▼ 52.6%-€250,248below the sector's middle half▲ 12.2%
Solvency19.9%below the sector's middle half-28.0%within the sector's middle half▲ 8.1pp29.2%within the sector's middle half▲ 1.3pp24.0%below the sector's middle half▼ 5.3pp18.0%below the sector's middle half▼ 5.9pp
Current ratio0.72within the sector's middle half-0.58below the sector's middle half▼ 0.150.36below the sector's middle half▼ 0.220.05below the sector's middle half▼ 0.310.05below the sector's middle half=
Return on assets (ROA)7.3%within the sector's middle half-11.4%within the sector's middle half▲ 4.1pp-1.7%below the sector's middle half▼ 13.2pp-9.6%below the sector's middle half▼ 7.9pp-6.8%below the sector's middle half▲ 2.9pp
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is a loss of €38,839, smaller than the loss of €61,317 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €727,711
Fixed assets
€713,646 ▼ 3.2%
Current assets
€14,065 ▼ 6.4%
Equity and liabilities €727,711
Equity
€131,255 ▼ 27.3%
Debt
€596,456 ▲ 4.3%
Debt's share of the balance-sheet total rises from 76.0% to 82.0%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-37.5%▲
2024 · -40.1%
Debt ≤ 1 year
€264,313▼
2024 · €300,150
Debt > 1 year
€332,142▲
2024 · €264,285
Income taxes
€332▲
2024 · €154
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €117,388 | - | - |
| Financial fixed assets | €650,000 | €127,437 | - | - | - |
| Depreciation and write-downs of the year | - | - | €6,369 | €23,687 | €23,687 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €6,369 | €23,687 | €23,687 | = |
| Other operating charges640/8 | €757 | €410 | €968 | €1,620 | €1,554 | ▼ 4.0% |
| Gross operating margin9900 | €80,588 | €151,234 | -€45,989 | -€36,011 | -€13,598 | ▲ 62.2% |
| Operating profit (loss)9901 | €79,831 | €150,824 | -€53,326 | -€61,317 | -€38,839 | ▲ 36.7% |
| Financial income75/76B | - | - | €42,500 | €0 | - | - |
| Recurring financial income75 | - | - | €42,500 | €0 | - | - |
| Non-recurring financial income76B | - | - | €42,500 | €0 | - | - |
| Financial charges65/66B | €6,886 | €5,042 | €4,047 | €10,865 | €10,000 | ▼ 8.0% |
| Recurring financial charges65 | €6,886 | €5,042 | €4,047 | €10,865 | €10,000 | ▼ 8.0% |
| Profit (loss) for the period before taxes9903 | €72,944 | €145,782 | -€14,872 | -€72,182 | -€48,839 | ▲ 32.3% |
| Income taxes67/77 | €14,589 | €36,410 | €93 | €154 | €332 | ▲ 116% |
| Profit (loss) for the period9904 | €58,356 | €109,372 | -€14,965 | -€72,335 | -€49,171 | ▲ 32.0% |
| Profit (loss) for the period to be appropriated9905 | €58,356 | €109,372 | -€14,965 | -€72,335 | -€49,171 | ▲ 32.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €796,408 | €956,544 | €864,195 | €752,362 | €727,711 | ▼ 3.3% |
| Fixed assets21/28 | €650,000 | €777,437 | €761,019 | €737,332 | €713,646 | ▼ 3.2% |
| Tangible fixed assets22/27 | - | - | €111,019 | €87,332 | €63,646 | ▼ 27.1% |
| Furniture and vehicles24 | - | - | €111,019 | €87,332 | €63,646 | ▼ 27.1% |
| Financial fixed assets28 | €650,000 | €777,437 | €650,000 | €650,000 | €650,000 | = |
| Current assets29/58 | €146,408 | €179,107 | €103,176 | €15,030 | €14,065 | ▼ 6.4% |
| Amounts receivable within one year40/41 | €89,272 | €176,913 | €77,606 | €5,588 | €8,314 | ▲ 48.8% |
| Trade receivables40 | €3,025 | €138,350 | €77,606 | €5,387 | €0 | ▼ 100% |
| Other amounts receivable41 | €86,247 | €38,563 | €0 | €201 | €8,314 | ▲ 41× |
| Cash at bank and in hand54/58 | €57,137 | €2,194 | €23,850 | €5,266 | €1,473 | ▼ 72.0% |
| Deferred charges and accrued income490/1 | - | - | €1,720 | €4,175 | €4,279 | ▲ 2.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €796,408 | €956,544 | €864,195 | €752,362 | €727,711 | ▼ 3.3% |
| Equity10/15 | €158,356 | €267,727 | €252,762 | €180,427 | €131,255 | ▼ 27.3% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €58,356 | €167,727 | €152,762 | €152,762 | €152,762 | = |
| Distributable reserves133 | €58,356 | €167,727 | €152,762 | €152,762 | €152,762 | = |
| Profit (loss) carried forward14 | - | - | - | -€72,335 | -€121,507 | ▼ 68.0% |
| Amounts payable17/49 | €638,053 | €688,817 | €611,433 | €571,936 | €596,456 | ▲ 4.3% |
| Amounts payable after more than one year17 | €435,714 | €378,571 | €321,428 | €264,285 | €332,142 | ▲ 25.7% |
| Financial debts170/4 | €435,714 | €378,571 | €321,428 | €264,285 | €332,142 | ▲ 25.7% |
| Amounts payable within one year42/48 | €202,339 | €310,246 | €290,005 | €300,150 | €264,313 | ▼ 11.9% |
| Current portion of amounts payable after more than one year42 | €57,143 | €57,143 | €57,143 | €57,143 | €57,143 | = |
| Trade debts44 | €289 | €13,873 | €7,014 | €4,866 | €0 | ▼ 100% |
| Suppliers440/4 | €289 | €13,873 | €7,014 | €4,866 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €22,660 | €50,019 | €50,064 | €4,747 | €1,832 | ▼ 61.4% |
| Taxes450/3 | €22,660 | €47,019 | €50,064 | €4,747 | €332 | ▼ 93.0% |
| Remuneration and social security454/9 | - | €3,000 | €0 | - | €1,500 | - |
| Other amounts payable47/48 | €122,246 | €189,211 | €175,784 | €233,395 | €205,338 | ▼ 12.0% |
| Accrued charges and deferred income492/3 | - | - | - | €7,500 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €58,356 | €109,372 | -€14,965 | -€72,335 | -€49,171 | ▲ 32.0% |
| + Depreciation and write-downs630 | - | - | €6,369 | €23,687 | €23,687 | = |
| Operating cash flow (approximation) | €58,356 | €109,372 | -€8,597 | -€48,649 | -€25,485 | ▲ 47.6% |
| Investment in fixed assets (approximation) | - | -€127,437 | €10,050 | €0 | €0 | - |
| Change in cash | - | -€54,943 | €21,656 | -€18,584 | -€3,794 | ▲ 79.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 30-07-2026 | 2026-00376819 | |
| 31-12-2024 | micro format | 25-06-2025 | 2025-00188237 | |
| 31-12-2023 | micro format | 19-07-2024 | 2024-00289910 | |
| 31-12-2022 | micro format | 10-07-2023 | 2023-00224455 | |
| 31-12-2021 | micro format | 14-07-2022 | 2022-20202715 |
Board & ownership
Directors
Directors
1 director
Geutjens Marc
Current
Owners and capital
Owners
Network & group
Holdings and subsidiaries
2 holdingsHoldings 2
Source for every holding own accounts 2025
- BOUWBEDRIJF MARIBOsubsidiaryEquity -€150,694 Profit of €37,554 in 2025 (profit of €20,337 in 2024) Checked score 54100%
- MARIBOsubsidiaryEquity €126,450 Profit of €8,087 in 2025 (profit of €7,112 in 2024) Checked score 65100%
Companies at the same address
4 other companiesConnections & network
1 current directorThe network starts from the directors of KIMAGE. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
2025
25-06
micro format · 36 days before the deadline
2024
31-12
Financial
Weakest financial yearnet -€72,335
The net result drops to -€72,335, the lowest from 2021 to 2025. It recovers the following year.
19-07
micro format · 12 days before the deadline
2023
10-07
micro format · 21 days before the deadline
2022
31-12
Financial
Highest result from 2021 to 2025net €109,372 ▲87.4%
The operating result of €150,824 and the net result of €109,372 are both a record.
31-12
Financial
Equity above €200,000equity €267,727 ▲69.1%
With a profit in every financial year since 2021, equity grows to €267,727.
14-07
micro format · 17 days before the deadline
2020
28-08
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
KIMAGE in Dutch
Enterprise number
0752.978.237
Legal form
Private limited company
Status
Active, normale toestand
Founded
26-08-2020
Entity type
Legal entity
Registered office and establishments
Registered office
Borgveld 13, 3940 Hechtel-Eksel, Belgium
Establishment unit
KIMAGE, Borgveld 13, 3940 Hechtel-Eksel since 26-08-2020 · unit number 2.306.942.486
Activities
NACEBEL 202564210
Activities of holding companies main activity
70100
Activities of head offices
82100
Office administrative and support services
82990
Other business support services
Codes under NACEBEL 2008
64200
Holdings main activity
70100
Activities of head offices
82110
Office administrative, office support and other business support activities
82990
Other business support services
Invoicing and payment
VAT number
BE 0752.978.237
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the address
Ground area
3,118 m²
Building footprint
583 m²
Building volume
2,867 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72006D0211/00L000 | Flanders | 3,117 m² | 1 · 583 m² | 7.5 m · 2 |