VAN IMSCHOOT
ActiveSummary
VAN IMSCHOOT has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €397,821 and a net result of €119,788. Equity is growing by ~26.8% per year across the filed fiscal years. Its solvency ranks better than 77% of 13617 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92=
Solvency87▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity ample (current ratio 3.61 against 2.23 in 2024; short-term debt: 7.5% and cash: 22.8% of total assets), and 37.7% of the assets are financed with debt.
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Signals
Four 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
62.3%
Return on assets
18.8%
Age of the figures
12 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 · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 26-03-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
62 d early
2023
77 d early
2022
61 d early
2021
64 d early
2020
2 d early
2019
90 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 56 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% 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. Usually files around 27 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#6 company by total assets in Kortemark, Accommodation and food service sector#9 oldest company in Kortemark, Accommodation and food service sector
Equity
€397,821▲ 26.7%
2024 · €314,033
Total assets
€638,630▲ 9.1%
2024 · €585,412
Net result
€119,788▲ 8.4%
2024 · €110,530
Working capital
€124,213▲ 91.2%
2024 · €64,953
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, 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€37,110▼ 50.2%€106,869▲ 188%€93,654▼ 12.4%€132,305▲ 41.3%€143,636▲ 8.6%
Net result€35,939above the sector's middle half▼ 47.1%€89,495above the sector's middle half▲ 149%€78,984above the sector's middle half▼ 11.7%€110,530above the sector's middle half▲ 39.9%€119,788above the sector's middle half▲ 8.4%
Equity€143,023above the sector's middle half=€196,518above the sector's middle half▲ 37.4%€239,503above the sector's middle half▲ 21.9%€314,033above the sector's middle half▲ 31.1%€397,821above the sector's middle half▲ 26.7%
Total assets€489,965above the sector's middle half▲ 26.0%€514,021above the sector's middle half▲ 4.9%€531,768above the sector's middle half▲ 3.5%€585,412above the sector's middle half▲ 10.1%€638,630above the sector's middle half▲ 9.1%
Debt€346,942▲ 41.2%€317,502▼ 8.5%€292,266▼ 7.9%€271,380▼ 7.1%€240,809▼ 11.3%
Working capital€14,426within the sector's middle half▼ 80.9%€1,491within the sector's middle half▼ 89.7%€4,441within the sector's middle half▲ 198%€64,953above the sector's middle half▲ 1,363%€124,213above the sector's middle half▲ 91.2%
Solvency29.2%within the sector's middle half▼ 7.6pp38.2%within the sector's middle half▲ 9.0pp45.0%within the sector's middle half▲ 6.8pp53.6%within the sector's middle half▲ 8.6pp62.3%above the sector's middle half▲ 8.6pp
Current ratio1.28within the sector's middle half▼ 1.651.03within the sector's middle half▼ 0.251.09within the sector's middle half▲ 0.062.23above the sector's middle half▲ 1.143.61above the sector's middle half▲ 1.38
Return on assets (ROA)7.3%within the sector's middle half▼ 10.1pp17.4%above the sector's middle half▲ 10.1pp14.9%within the sector's middle half▼ 2.6pp18.9%above the sector's middle half▲ 4.0pp18.8%above the sector's middle half▼ 0.1pp
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €638,630
Fixed assets
€466,747 ▼ 0.2%
Current assets
€171,883 ▲ 45.8%
Equity and liabilities €638,630
Equity
€397,821 ▲ 26.7%
Debt
€240,809 ▼ 11.3%
Debt's share of the balance-sheet total falls from 46.4% to 37.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€171,017▲
2024 · €156,725
Cash flow
€147,168▲
2024 · €134,950
Quick ratio
3.14▲
2024 · 2.01
Debt to equity
0.61▼
2024 · 0.86
ROE
30.1%▼
2024 · 35.2%
Interest coverage
43.52▲
2024 · 37.50
Debt ≤ 1 year
€47,671▼
2024 · €52,908
Debt > 1 year
€192,313▼
2024 · €217,675
Income taxes
€22,292▲
2024 · €19,820
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €29,791 | €21,150 | €23,204 | €24,420 | €27,380 | ▲ 12.1% |
| Other operating charges640/8 | - | €6,128 | €4,904 | €4,077 | €1,896 | ▼ 53.5% |
| Gross operating margin9900 | €75,423 | €134,147 | €121,762 | €160,802 | €172,913 | ▲ 7.5% |
| Operating profit (loss)9901 | €37,110 | €106,869 | €93,654 | €132,305 | €143,636 | ▲ 8.6% |
| Financial income75/76B | - | €1,680 | €1,162 | €2,225 | €2,373 | ▲ 6.7% |
| Recurring financial income75 | €2,852 | €1,680 | €1,162 | €2,225 | €2,373 | ▲ 6.7% |
| Financial charges65/66B | - | €5,334 | €4,290 | €4,180 | €3,930 | ▼ 6.0% |
| Recurring financial charges65 | €4,023 | €5,334 | €4,290 | €4,180 | €3,930 | ▼ 6.0% |
| Profit (loss) for the period before taxes9903 | €35,939 | €103,215 | €90,526 | €130,350 | €142,080 | ▲ 9.0% |
| Income taxes67/77 | - | €13,720 | €11,542 | €19,820 | €22,292 | ▲ 12.5% |
| Profit (loss) for the period9904 | €35,939 | €89,495 | €78,984 | €110,530 | €119,788 | ▲ 8.4% |
| Profit (loss) for the period to be appropriated9905 | €35,939 | €89,495 | €78,984 | €110,530 | €119,788 | ▲ 8.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €489,965 | €514,021 | €531,768 | €585,412 | €638,630 | ▲ 9.1% |
| Fixed assets21/28 | €423,680 | €462,498 | €478,563 | €467,551 | €466,747 | ▼ 0.2% |
| Tangible fixed assets22/27 | €423,680 | €462,498 | €478,563 | €467,551 | €466,747 | ▼ 0.2% |
| Land and buildings22 | - | €410,426 | €435,983 | €427,055 | €414,411 | ▼ 3.0% |
| Plant, machinery and equipment23 | - | €52,072 | €42,580 | €30,984 | €39,554 | ▲ 27.7% |
| Furniture and vehicles24 | - | - | - | - | €4,351 | - |
| Other tangible fixed assets26 | - | - | - | €9,513 | €8,431 | ▼ 11.4% |
| Current assets29/58 | €66,286 | €51,523 | €53,206 | €117,861 | €171,883 | ▲ 45.8% |
| Stocks and contracts in progress3 | €9,696 | €11,481 | €13,435 | €11,292 | €22,186 | ▲ 96.5% |
| Stocks30/36 | - | €11,481 | €13,435 | €11,292 | €22,186 | ▲ 96.5% |
| Amounts receivable within one year40/41 | €10,946 | €462 | €218 | €112 | €352 | ▲ 215% |
| Trade receivables40 | - | €348 | €213 | €112 | €254 | ▲ 127% |
| Other amounts receivable41 | - | €114 | €5 | - | €98 | - |
| Cash at bank and in hand54/58 | €43,308 | €36,468 | €36,312 | €103,647 | €145,716 | ▲ 40.6% |
| Deferred charges and accrued income490/1 | - | €3,113 | €3,240 | €2,809 | €3,629 | ▲ 29.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €489,965 | €514,021 | €531,768 | €585,412 | €638,630 | ▲ 9.1% |
| Equity10/15 | €143,023 | €196,518 | €239,503 | €314,033 | €397,821 | ▲ 26.7% |
| Contributions10/11 | - | €15,360 | €15,360 | €15,360 | €15,360 | = |
| Reserves13 | €127,663 | €181,158 | €224,143 | €298,673 | €382,461 | ▲ 28.1% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Tax-exempt reserves132 | - | €16,020 | €16,020 | €16,020 | €16,020 | = |
| Distributable reserves133 | - | €163,278 | €206,263 | €282,653 | €366,441 | ▲ 29.6% |
| Amounts payable17/49 | €346,942 | €317,502 | €292,266 | €271,380 | €240,809 | ▼ 11.3% |
| Amounts payable after more than one year17 | €295,083 | €267,426 | €242,711 | €217,675 | €192,313 | ▼ 11.7% |
| Financial debts170/4 | - | €267,426 | €242,711 | €217,675 | €192,313 | ▼ 11.7% |
| Amounts payable within one year42/48 | €51,859 | €50,033 | €48,764 | €52,908 | €47,671 | ▼ 9.9% |
| Current portion of amounts payable after more than one year42 | - | €29,911 | €30,147 | €30,495 | €32,520 | ▲ 6.6% |
| Trade debts44 | €10,741 | €11,858 | €13,697 | €10,037 | €3,806 | ▼ 62.1% |
| Suppliers440/4 | - | €11,858 | €13,697 | €10,037 | €3,806 | ▼ 62.1% |
| Taxes, remuneration and social security45 | - | €8,220 | €4,590 | €11,661 | €9,592 | ▼ 17.7% |
| Taxes450/3 | - | €8,220 | €4,590 | €11,661 | €9,592 | ▼ 17.7% |
| Other amounts payable47/48 | - | €44 | €331 | €715 | €1,753 | ▲ 145% |
| Accrued charges and deferred income492/3 | - | €44 | €790 | €797 | €826 | ▲ 3.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €35,939 | €89,495 | €78,984 | €110,530 | €119,788 | ▲ 8.4% |
| + Depreciation and write-downs630 | €29,791 | €21,150 | €23,204 | €24,420 | €27,380 | ▲ 12.1% |
| Operating cash flow (approximation) | €65,730 | €110,645 | €102,189 | €134,950 | €147,168 | ▲ 9.1% |
| Investment in fixed assets (approximation) | - | -€59,968 | -€39,269 | -€13,408 | -€26,575 | ▼ 98.2% |
| Change in cash | - | -€6,840 | -€156 | €67,335 | €42,068 | ▼ 37.5% |
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
26-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €119,788 ▲8.4%
Operating result €143,636, net result €119,788, both a record.
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Liquidity doublescurrent ratio 2.23
Current ratio from 1.09 to 2.23.
13-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €200,000Eq €239,503 ▲21.9%
6 profitable years in a row build equity to €239,503.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €150,000Eq €196,518 ▲37.4%
5 profitable years in a row build equity to €196,518.
25-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €35,939 ▼47.1%
Net result drops to €35,939, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
30-09
Financial
Equity above €100,000Eq €111,113 ▲59%
2 profitable years in a row build equity to €111,113.
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
14-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Kortemark · 1 establishment unit since 2009
Ground area
364 m²
Building footprint
235 m²
Volume, LiDAR
1,194 m³
Parcel 32011D0593/00M000, Flanders · tallest building 10.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
't Frietgenot
since 20092.182.353.312
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32011D0593/00M000 | Flanders | 364 m² | 1 · 235 m² | 10.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortemark2.182.353.312
Dual-learning approval
2 endedKassier (so)
Medewerker snackbar-taverne (so)
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. 5,029 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
Founded30-10-2009
Fiscal year end30-09
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
56111Full-service restaurants
56301Cafés and bars
E-invoicing
Reachable via Peppol
Peppol ID
0208:0820201514
Also
9925:BE0820201514
Registered
30-10-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.