Imagine COOP
ActiveSummary
Imagine COOP has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €98k and a net result of €20k. Its solvency ranks better than 40% of 681 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+77
Solvency57▲+16
Growth78
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 5.32 against 1.63 in 2024; short-term debt: 14.5% and cash: 45.1% of total assets), but 68% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 58
Relative position
BE, all sectors
reference
Publishing activities (NACE 58)
about 30% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
32%
Return on assets
6.4%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
on the day
2024
6 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€98k▲ 132%
2024 · €42k
2024: €42k
2025: €98k▲ +132% vs 2024
2024 → 2025
Total assets
€306k▲ 13.8%
2024 · €269k
2024: €269k
2025: €306k▲ +13.8% vs 2024
2024 → 2025
Net result
€20k
2024 · €-297k
2024: €-297k
2025: €20k▲ +107% vs 2024
2024 → 2025
Working capital
€192k▲ 149%
2024 · €77k
2024: €77k
2025: €192k▲ +149% vs 2024
2024 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€42k-€98k▲ 132%
2024: €42k
2025: €98k▲ +132% vs 2024
Operating result€-243k-€18k
2024: €-243k
2025: €18k▲ +107% vs 2024
Net result€-297k-€20k
2024: €-297k
2025: €20k▲ +107% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €18k after a loss of €243k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €306k
Fixed assets
€70k ▲ 0.1%
Current assets
€236k ▲ 18.6%
Equity and liabilities €306k
Equity
€98k ▲ 132%
Debt
€208k ▼ 8.3%
Debt's share of the balance-sheet total falls from 84.3% to 68.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€24k▲
2024 · €-231k
Cash flow
€26k▲
2024 · €-285k
Current ratio
5.32▲
2024 · 1.63
Debt to equity
2.12▼
2024 · 5.37
ROE
20.1%▲
2024 · -703.0%
ROA
6.4%▲
2024 · -110.4%
Interest coverage
6.48▲
2024 · -23.09
Debt ≤ 1 year
€44k▼
2024 · €122k
Debt > 1 year
€20k▼
2024 · €30k
Income taxes
€304
Staff costs
€272k▼
2024 · €705k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€269k€306k▲
Fixed assets21/28€70k€70k▲
Intangible fixed assets21€24k€18k▼
Tangible fixed assets22/27€177€1k▲
Furniture and vehicles24€177€1k▲
Financial fixed assets28€46k€51k▲
Current assets29/58€199k€236k▲
Amounts receivable within one year40/41€116k€94k▼
Trade receivables40€79k€61k▼
Other amounts receivable41€37k€34k▼
Cash at bank and in hand54/58€82k€138k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€269k€306k▲
Equity10/15€42k€98k▲
Contributions10/11€305k€341k▲
Reserves13€162€162=
Non-distributable reserves130/1€162€162=
Own shares acquired1312€162€162=
Profit (loss) carried forward14€-263k€-243k▲
Amounts payable17/49€227k€208k▼
Amounts payable after more than one year17€30k€20k▼
Financial debts170/4€30k€20k▼
Amounts payable within one year42/48€122k€44k▼
Current portion of amounts payable after more than one year42€10k€10k▲
Trade debts44€31k€8k▼
Suppliers440/4€31k€8k▼
Advances received on contracts in progress46€0€99▲
Taxes, remuneration and social security45€82k€26k▼
Taxes450/3€16k€2k▼
Remuneration and social security454/9€66k€24k▼
Accrued charges and deferred income492/3€75k€144k▲
Income statement
Code20242025
Non-recurring operating income76A€0€3k▲
Remuneration, social security and pensions62€705k€272k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€6k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€231€0▼
Other operating charges640/8€4k€250▼
Non-recurring operating charges66A€529€0▼
Gross operating margin9900€478k€297k▼
Operating profit (loss)9901€-243k€18k▲
Financial income75/76B€7k€6k▼
Recurring financial income75€7k€932▼
Non-recurring financial income76B-€5k
Financial charges65/66B€61k€4k▼
Recurring financial charges65€10k€4k▼
Non-recurring financial charges66B€51k€0▼
Profit (loss) for the period before taxes9903€-297k€20k▲
Income taxes67/77-€304
Profit (loss) for the period9904€-297k€20k▲
Profit (loss) for the period to be appropriated9905€-297k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-263k€-243k▲
Profit (loss) brought forward from the previous period14P€35k€-263k▼
Transfer from equity791/2€2k€0▼
Transfer to equity691/2€2k€0▼
To contributions691€2k€0▼
To other reserves6921€162€0▼
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Non-recurring operating income76A | €0 | €3k | - |
| Remuneration, social security and pensions62 | €705k | €272k | ▼ 61.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €6k | ▼ 46.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €231 | €0 | ▼ 100% |
| Other operating charges640/8 | €4k | €250 | ▼ 93.8% |
| Non-recurring operating charges66A | €529 | €0 | ▼ 100% |
| Gross operating margin9900 | €478k | €297k | ▼ 38.0% |
| Operating profit (loss)9901 | €-243k | €18k | ▲ 107% |
| Financial income75/76B | €7k | €6k | ▼ 17.9% |
| Recurring financial income75 | €7k | €932 | ▼ 86.7% |
| Non-recurring financial income76B | - | €5k | - |
| Financial charges65/66B | €61k | €4k | ▼ 93.9% |
| Recurring financial charges65 | €10k | €4k | ▼ 62.3% |
| Non-recurring financial charges66B | €51k | €0 | ▼ 100% |
| Profit (loss) for the period before taxes9903 | €-297k | €20k | ▲ 107% |
| Income taxes67/77 | - | €304 | - |
| Profit (loss) for the period9904 | €-297k | €20k | ▲ 107% |
| Profit (loss) for the period to be appropriated9905 | €-297k | €20k | ▲ 107% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €269k | €306k | ▲ 13.8% |
| Fixed assets21/28 | €70k | €70k | ▲ 0.1% |
| Intangible fixed assets21 | €24k | €18k | ▼ 24.9% |
| Tangible fixed assets22/27 | €177 | €1k | ▲ 718% |
| Furniture and vehicles24 | €177 | €1k | ▲ 718% |
| Financial fixed assets28 | €46k | €51k | ▲ 10.6% |
| Current assets29/58 | €199k | €236k | ▲ 18.6% |
| Amounts receivable within one year40/41 | €116k | €94k | ▼ 18.4% |
| Trade receivables40 | €79k | €61k | ▼ 23.3% |
| Other amounts receivable41 | €37k | €34k | ▼ 7.8% |
| Cash at bank and in hand54/58 | €82k | €138k | ▲ 69.1% |
| Deferred charges and accrued income490/1 | €2k | €3k | ▲ 106% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €269k | €306k | ▲ 13.8% |
| Equity10/15 | €42k | €98k | ▲ 132% |
| Contributions10/11 | €305k | €341k | ▲ 11.8% |
| Reserves13 | €162 | €162 | = |
| Non-distributable reserves130/1 | €162 | €162 | = |
| Own shares acquired1312 | €162 | €162 | = |
| Profit (loss) carried forward14 | €-263k | €-243k | ▲ 7.5% |
| Amounts payable17/49 | €227k | €208k | ▼ 8.3% |
| Amounts payable after more than one year17 | €30k | €20k | ▼ 33.7% |
| Financial debts170/4 | €30k | €20k | ▼ 33.7% |
| Amounts payable within one year42/48 | €122k | €44k | ▼ 63.6% |
| Current portion of amounts payable after more than one year42 | €10k | €10k | ▲ 5.2% |
| Trade debts44 | €31k | €8k | ▼ 74.0% |
| Suppliers440/4 | €31k | €8k | ▼ 74.0% |
| Advances received on contracts in progress46 | €0 | €99 | - |
| Taxes, remuneration and social security45 | €82k | €26k | ▼ 67.9% |
| Taxes450/3 | €16k | €2k | ▼ 86.1% |
| Remuneration and social security454/9 | €66k | €24k | ▼ 63.5% |
| Accrued charges and deferred income492/3 | €75k | €144k | ▲ 91.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €-297k | €20k | ▲ 107% |
| + Depreciation and write-downs630 | €12k | €6k | ▼ 46.5% |
| Operating cash flow (approximation) | €-285k | €26k | ▲ 109% |
| Investment in fixed assets (approximation) | - | €-6k | - |
| Change in cash | - | €57k | - |
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
10-08
State Gazette act
Appointments: Christophe SCHOUNE, Step & Coop and 4 othersPermanent representative: Chrystelle GEENEN · Reappointments: Maxime Vanderheyden, Charlotte Moreau and 2 others · Resignations: Audrey Contesse, Adrienne Nizet and 3 others18 facts ▸
State Gazette act
Appointments: Christophe SCHOUNE, Step & Coop and 4 others
Permanent representative: Chrystelle GEENEN · Reappointments: Maxime Vanderheyden, Charlotte Moreau and 2 others · Resignations: Audrey Contesse, Adrienne Nizet and 3 others18 facts ▸
- Board meeting, 20/01/2026
- General meeting, 30/06/2026
- Director appointment, Christophe SCHOUNE (day-to-day manager)
- Director appointment, Step & Coop (day-to-day manager)
- Permanent representative, Chrystelle GEENEN
- Director appointment, Tom LISMONDE (director)
- Director appointment, Caroline MONIN (director)
- Director appointment, Ricardo GUTIERREZ VELAZQUEZ (director)
- Director appointment, Luc PIRE (director)
- Director reappointment, Maxime Vanderheyden (director)
- Director reappointment, Charlotte Moreau (director)
- Director reappointment, Delphine Buchet (director)
- +6 further facts in this act
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 5.32
Current ratio from 1.63 to 5.32; short-term debt falls from €122k to €44k.
06-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 6 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26351919). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Caroline MONIN
CurrentDirector · since 30-06-2026
Luc Pire
CurrentDirector · since 30-06-2026
Ricardo GUTIERREZ VELAZQUEZ
CurrentDirector · since 30-06-2026
Tom LISMONDE
CurrentDirector · since 30-06-2026
Christophe SCHOUNE
CurrentDay-to-day manager · since 20-01-2026
Step & Coop
CurrentDay-to-day manager · since 20-01-2026 · Non-profit association · perm. rep.: Chrystelle GEENEN
4 other directors
Arnaud ZACHARIE
CurrentDirector
Charlotte MOREAU
CurrentDirector
Delphine Buchet
CurrentDirector
Maxime Vanderheyden
CurrentDirector
30-06-2026
Caroline MONIN: Appointed as Director
30-06-2026
Luc Pire: Appointed as Director
30-06-2026
Ricardo GUTIERREZ VELAZQUEZ: Appointed as Director
30-06-2026
Tom LISMONDE: Appointed as Director
30-06-2026
Adrienne Nizet: Resigned as Director
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2008
Ground area
235 m²
Building footprint
199 m²
Volume, LiDAR
2,360 m³
2 parcels, Wallonia · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
32
companies at this address
See who is registered here
1 establishment unit
IMAGINE, ECOLOGIE ET SOCIETE
since 20082.198.095.719
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62810C0350/00B000 ProtectedMonument |
Wallonia | 156 m² | 1 · 130 m² | 14.8 m · 4 fl. |
| 62802B0186/00T000 | Wallonia | 79 m² | 1 · 68 m² | 15.4 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Connections & network
6 connected companiesThis company
Company
Director
Shareholding
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
via Luc Pire · Director and treasurer
→
via Arnaud ZACHARIE · Secrétaire général
→
via Arnaud ZACHARIE · Administrateur de droit
→
via Charlotte MOREAU · Director
former→
Show 2 more companies with a shared director
via Luc Pire · Director
former→
Shared corporate director
→
Public money · subsidies and aid
Wallonia-Brussels Federation
2023 to 2025 · 6 entries · 232,019 EUR in total| Year | Entries | paid |
|---|---|---|
| 2025 | 3 | 89,081 EUR |
| 2024 | 2 | 76,272 EUR |
| 2023 | 1 | 66,666 EUR |
Budget allocations
Aide directe à la presse d'opinion et à la presse périodique
Recognitions · licences · registrations
Legal Entity Identifier
894500D90ES7N2QXL884
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Of 500 companies in sector 58130 we hold annual accounts for 248. 177 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formCooperative company
Founded06-01-2003
Fiscal year end31-12
Activities, NACEBEL 2025
58130Publishing activities
Scores and ratios are computed by Checked and are not a credit decision.