THE IMAGE BUILDERS

Judicial reorganisation

Public limited companyfounded 200719 yrs activeHerrestraat 29, 3294 Diest, BelgiumKBO/BCE: BE 0890.015.778

Summary

The file of THE IMAGE BUILDERS contains 1 judicial reorganisation, as published in the Belgian State Gazette. The KBO register records for THE IMAGE BUILDERS the legal situation: special situation; this is today's state according to the register itself, which carries no start date. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show negative equity (-€584,548) and a net result of -€252,558. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 3808 sector peers (fiscal year 2025).

Risk analysisWatch Report Compare

THE IMAGE BUILDERSJudicial reorganisationChecked score 5/100

Risk analysis Report Compare

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court: Enterprise Court of Leuven
Opened: 16 July 2026
Track: Reorganisation by collective agreement
Docket number: 20260014
Moratorium until: 16 November 2026
Creditors' vote: 5 November 2026
Delegated judge: Rene Thielens
Official Gazette: 28-07-2026 (pdf) ↗search the document for 2026/132875

What to do now

Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the moratorium runs until 16 November 2026, unless the court extends or ends it earlier. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Activity

Business and other management consultancy

NACE 70200Business consulting NACE 70220

1 site

Size

€2.0mturnover 2025

Equity: -€584,548
Loss: -€252,558

Financial health

5 Critical Checked score 2025

Reorganisation running: about 1 in 4 bankrupt within the year

Structure

Parent: CIM Capital Restruct Fund · 70.16%
Board: 1 member
Holdings: 4

Accounts filed 117 d late1 of 15 deeds read

Why 5- Negative equity- In judicial reorganisation- Filed more than 90 days lateShow the evidence

Checked score

Score 2025

5 / 100

Critical

Without a bankruptcy probability: score from the figures alone

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Weak

Solvency 0-3

equity -33.3% of total assets

Liquidity 2+1

short-term debt 121.2% · cash 1.3%

Profitability 28-14

return on assets -14.4%

Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation

Liquidity short (current ratio 0.26 against 0.11 in 2024; short-term debt: 121.2% and cash: 1.3% of total assets), and equity is negative.

Signals

Three signals. The signal on the left, the evidence on the right.

+raises risk

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

19202122232425

2019 to 2025 · latest year -€584,548

In judicial reorganisation

Ongoing procedure under court protection (Book XX WER). The company is restructuring. The KBO register also records: special situation.

Belgian State Gazette

Filed more than 90 days late

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-08-2026, 117 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

117 d late

2024

482 d late

2023

77 d late

2022

3 d early

2021

31 d late

2020

4 d early

2019

23 d early

← 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 97 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)

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. Usually files around 17 July (4 of the last 5 filed years within 81 days of that day).

Companies Code · seven months

Position in the running window

30-09-2026 close05-10-2026 today30-04-2027 deadline

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

25-08-26 Annual accounts filedfiscal year 2025 · full…
25-08-26 Annual accounts filedfiscal year 2024 · full…
28-07-26 OpeningOndernemingsrechtbank Leuven · collective agreement…

Key points

Risk: In judicial reorganisationcreditors: see the procedure below 16-07-2026 View
Risk: Negative equityfiscal year 2025: debts exceed assets -€584,548 View
Risk: 4 loss-making years in a rowloss fiscal year 2025 -€252,558 View
Caution: Equity fell in 2025from -€331,990 to -€584,548 ▼ 76.1% View
Caution: Among the weakest 5% on solvencysector median 53.5% · 3,808 companies -33.3% View
Caution: Latest accounts filed lateafter the legal deadline 117 d View
Caution: Board changedlatest change 04-12-2025 · 1 in office 1 joined · 1 left View
Controlled by CIM Capital Restruct Funditself parent of 5 companies 70.16% View