Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of IMMATIK is 0.2% (very low). The 2025 annual accounts show equity of €574k and a net result of €54k. Equity is shrinking by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 95% of 1360 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 8 annual accounts.
Signals
2 signals · with evidenceStrong solvency vs sector
Solvency is in the sector's strongest quartile: better than 95% of 1360 peers (2025). A comfortable equity buffer.
View the sector comparison Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-02-2026, 155 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 26-02-2026 | 155 d early | 2026-00044658 |
| 31-12-2024 | 31-07-2025 | 04-06-2025 | 57 d early | 2025-00117465 |
| 31-12-2023 | 31-07-2024 | 13-05-2024 | 79 d early | 2024-00085853 |
| 31-12-2022 | 31-07-2023 | 11-04-2023 | 111 d early | 2023-00056332 |
| 31-12-2021 | 31-07-2022 | 12-05-2022 | 80 d early | 2022-20025817 |
| 31-12-2020 | 31-07-2021 | 25-05-2021 | 67 d early | 2021-15000291 |
| 31-12-2019 | 31-07-2020 | 22-06-2020 | 39 d early | 2020-19700445 |
| 31-12-2018 | 31-07-2019 | 16-05-2019 | 76 d early | 2019-13400469 |
| 31-12-2017 | 31-07-2018 | 17-07-2018 | 14 d early | 2018-33800449 |
| 31-12-2016 | 31-07-2017 | 18-07-2017 | 13 d early | 2017-32300567 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsEstablished
Founded in 2006, 19 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.2%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Annual accounts: healthy financial profile
−Long track record
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€54k+0.5%
Working capital€563k+83.0%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 26-02-2026 with the NBB · fiscal year 2025 · micro
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining
Equity: declining trend of ~8.5%/year over 8 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2025 · NACE 68, Real estate activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 96.7% | 22.9% | |
| Net result | €54k | €10k | |
| Equity | €574k | €44k | |
| Gross operating margin | €120k | €39k | |
| Staff costs | €50k | €20k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P95
Stable position over 2020-2025
· n=906-4969
P83
Stable position over 2020-2025
· n=905-4961
P92
Stable position over 2020-2025
· n=906-4972
P82
Stable position over 2020-2025
· n=905-4955
Describes the position versus peers, not a forecast.
€67k
-26.7%
18-25
€54k
+0.5%
18-25
€57k
-12.6%
18-25
€594k
-36.4%
18-25
€574k
+10.3%
18-25
€563k
+83.0%
18-25
1
0.0%
18-25
€50k
+2.7%
18-25
Show 11 other metrics
€26k
-11.9%
18-25
€0
-100.0%
18-25
€20k
-95.3%
18-25
€20k
-95.2%
18-25
29.74
+1597.4%
18-25
29.74
+1597.4%
18-25
96.7%
+73.4%
18-25
0.03
-95.7%
18-25
9.3%
-8.9%
18-25
9.0%
+57.9%
18-25
83.00
+1048.8%
18-25
Figures by fiscal year
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €67k |
| Net profit | €54k |
| Cash flow | €57k |
| Staff costs | €50k |
| Income taxes | €26k |
| Dividends | €0 |
| Total assets | €594k |
| Equity | €574k |
| Debt | €20k |
| of which ≤ 1y | €20k |
| of which > 1y | - |
| Working capital | €563k |
| Employees (FTE) | 1.0 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 29.74 |
| Quick ratio | 29.74 |
| Working capital ratio | 94.9% |
| Solvency | 96.7% |
| Debt / equity | 0.03 |
| Long-term debt ratio | - |
| Interest coverage | 83.00 |
| Gross margin | - |
| Net margin | - |
| ROA | 9.0% |
| ROE | 9.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €594k |
| Fixed assets | 21/28 | €11k |
| Tangible fixed assets | 22/27 | €10k |
| Financial fixed assets | 28 | €613 |
| Current assets | 29/58 | €583k |
| Stocks & contracts in progress | 3 | €1 |
| Amounts receivable within one year | 40/41 | €404k |
| Cash & bank | 54/58 | €176k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €594k |
| Equity | 10/15 | €574k |
| Contributions / capital | 10/11 | €214k |
| Reserves | 13 | €360k |
| Accumulated profits (losses) | 14 | €0 |
| Amounts payable | 17/49 | €20k |
| Amounts payable within one year | 42/48 | €20k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €120k |
| Operating result | 9901 | €64k |
| Financial income | 75 | €16k |
| Financial charges | 65 | €802 |
| Result before taxes | 9903 | €79k |
| Income taxes | 67/77 | €26k |
| Net result for the period | 9904 | €54k |
| Result to be appropriated | 9905 | €54k |
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2025 · computed94
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
3 directorsCurrent directors & mandates
-
Current01-01-2021 → present
3 events
- 01-01-2021 Appointed· Director
- 31-01-2014 Resigned· Managing director
- 14-10-2011 Appointed· Manager
Former directors (2)
-
Former31-01-2014 → 01-01-2021
2 events
- 01-01-2021 Resigned· Director
- 31-01-2014 Appointed· Managing director
-
Former- → 14-10-2011
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Handel in eigen onroerend goed(68110) |
| Legal form | Private limited company(610) |
| Incorporation | 29-08-2006 |
| Status | Active |
| Postal code | 7520 |
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Locations & real estate
Registered office
from the Crossroads BankCannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Roubaix(TEM) 1087520 TournaiParcels1
Ground area1,093 m²
Buildings1
Building footprint158 m²
Volume (LiDAR)789 m³
Tallest building6.9 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57078A0237/00E000 | Wallonia | 1,093 m² | 1 · 158 m² | 6.9 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
6 acts Capital history · 1
14-10-2011
v3.2
Address history · 1
29-08-2014
v3.2
All acts · 6
updated 2 months ago
2026
05-06-2026 Notarial deed · General meeting · Auditor report · Dissolution balance sheet
- Filing: 2026-05-28 · IMMATIK
- Notarial deed: 2026-05-26 · IMMATIK
- General meeting: 2026-05-26 · IMMATIK
- Auditor report: 2026-05-22 · IMMATIK
- Dissolution balance sheet: date: 2026-02-28 · IMMATIK
- Dissolution: 2026-05-26 · IMMATIK
- Officer discharge: 2026-05-26 · IMMATIK
- Liquidation: closure_method: reprise de la totalité de l'actif restant par les associés · IMMATIK
- Power of attorney: 2026-05-26 · IMMATIK
- Publication: 2026-06-05
- Act object: S(P)RL: dissolution
Summary:
Notarial deed · General meeting · Auditor report · Dissolution balance sheet
2022
30-08-2022 Articles of association amended
Summary:
v3.2
2021
16-03-2021 1 director appointed, 1 resigning
2014
29-08-2014 Registered office moved within Templeuve
- rue de Roubaix 90, 7520 Templeuve → rue de Roubaix 108, 7520 Templeuve
Summary:
v3.2
11-06-2014 1 director appointed, 1 resigning
- Jean-Marc COURIER, Gedelegeerd bestuurder
- Gilles Courier, Gedelegeerd bestuurder
Summary:
v3.2
2011
14-10-2011 Capital increase of €695,700 to €714,300
Analysis
Financial profile
5 of 5 axes measured80
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
94
Profitability
47
Solvency
100
Growth
58
Stability
100
Credit advice
verdict per customer and amountSimilar
Similar companies
Comparable size, same sectorBE 0478.493.971 · Enghien
BE 0422.215.462 · Vaux-sur-Sûre
BE 0771.640.542 · Anderlecht
BE 0768.876.339 · Malmedy
BE 0758.860.001 · Mechelen
We hold annual accounts for 1,148 of the 7,280 companies in this sector. 600 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Overige gespecialiseerde bouwactiviteiten, neg43990Restaureren van bouwwerken43995Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110
Primary activity highlighted.
Names & trade names
| Legal nameFR | IMMATIK |
Registered office
Rue de Roubaix(TEM) 108
7520 Tournai, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.