IMPAXIS
ActiveSummary
The computed 12-month bankruptcy probability of IMPAXIS is 1.9% (moderate). The 2025 annual accounts show equity of €66k and a net result of €-5k. Equity is growing by ~3.8% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability37▼-1
Solvency25▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity tight (current ratio 1.03 against 1.03 in 2024; short-term debt: 96.7% and cash: 0.1% of total assets), and 99.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 27-10-2025, 4 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
4 d early
2024
3 d early
2023
6 d early
2022
7 d early
2021
5 d late
2020
3 d late
2019
41 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-5k
2024 · €7k
2019: €-4k
2020: €672▲ +119% vs 2019
2021: €2k▲ +174% vs 2020
2022: €2k▼ -0.1% vs 2021
2023: €6k▲ +221% vs 2022
2024: €7k▲ +15.6% vs 2023highest in 7 years
2025: €-5k▼ -180% vs 2024lowest in 7 years
2019 → 2025
Working capital
€555k▲ 55.9%
2024 · €356k
2019: €54klowest in 7 years
2020: €55k▲ +1.2% vs 2019
2021: €57k▲ +3.4% vs 2020
2022: €58k▲ +3.3% vs 2021
2023: €134k▲ +129% vs 2022
2024: €356k▲ +167% vs 2023
2025: €555k▲ +55.9% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€58k▲ 3.3%€64k▲ 10.1%€71k▲ 10.6%€66k▼ 7.6%
2021: €57klowest in 5 years
2022: €58k▲ +3.3% vs 2021
2023: €64k▲ +10.1% vs 2022
2024: €71k▲ +10.6% vs 2023highest in 5 years
2025: €66k▼ -7.6% vs 2024
Operating result€-148-€-149▼ 0.4%€-38k▼ 25,210%€-21k▲ 43.6%€-37k▼ 76.3%
2021: €-148highest in 5 years
2022: €-149▼ -0.4% vs 2021
2023: €-38k▼ -25210% vs 2022lowest in 5 years
2024: €-21k▲ +43.6% vs 2023
2025: €-37k▼ -76.3% vs 2024
Net result€2k-€2k▼ 0.1%€6k▲ 221%€7k▲ 15.6%€-5k
2021: €2k
2022: €2k▼ -0.1% vs 2021
2023: €6k▲ +221% vs 2022
2024: €7k▲ +15.6% vs 2023highest in 5 years
2025: €-5k▼ -180% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €37k in 2025 against €21k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €16.96M
Equity
€66k ▼ 7.6%
Debt
€16.89M ▲ 59.5%
Debt's share of the balance-sheet total rises from 99.3% to 99.6%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.03▼
2024 · 1.03
ROE
-8.3%▼
2024 · 9.6%
ROA
0.0%▼
2024 · 0.1%
Debt ≤ 1 year
€16.40M▲
2024 · €10.30M
Income taxes
€0▼
2024 · €2k
A ratio outside any meaningful range has been withheld (balance sheet total €16.96M, equity €66k).
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 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€10.66M€16.96M▲
Current assets29/58€10.66M€16.96M▲
Amounts receivable within one year40/41€10.20M€16.44M▲
Other amounts receivable41€10.20M€16.44M▲
Cash at bank and in hand54/58€2k€21k▲
Deferred charges and accrued income490/1€458k€497k▲
Equity and liabilities
Total equity and liabilities10/49€10.66M€16.96M▲
Equity10/15€71k€66k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€8k€2k▼
Amounts payable17/49€10.59M€16.89M▲
Amounts payable within one year42/48€10.30M€16.40M▲
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Other amounts payable47/48€10.30M€16.40M▲
Accrued charges and deferred income492/3€285k€490k▲
Income statement
Code20242025
Other operating charges640/8€881€968▲
Gross operating margin9900€-20k€-36k▼
Operating profit (loss)9901€-21k€-37k▼
Financial income75/76B€357k€373k▲
Recurring financial income75€357k€373k▲
Financial charges65/66B€327k€341k▲
Recurring financial charges65€327k€341k▲
Profit (loss) for the period before taxes9903€9k€-5k▼
Income taxes67/77€2k€0▼
Profit (loss) for the period9904€7k€-5k▼
Profit (loss) for the period to be appropriated9905€7k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€2k▼
Profit (loss) brought forward from the previous period14P€2k€8k▲
Transfer to equity691/2€1k-
To the legal reserve6920€1k-
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €744 | €881 | €968 | ▲ 9.8% |
| Gross operating margin9900 | €-148 | €-149 | €-37k | €-20k | €-36k | ▼ 79.2% |
| Operating profit (loss)9901 | €-148 | €-149 | €-38k | €-21k | €-37k | ▼ 76.3% |
| Financial income75/76B | - | €2k | €160k | €357k | €373k | ▲ 4.4% |
| Recurring financial income75 | €2k | €2k | €160k | €357k | €373k | ▲ 4.4% |
| Financial charges65/66B | - | €40 | €115k | €327k | €341k | ▲ 4.3% |
| Recurring financial charges65 | €38 | €40 | €115k | €327k | €341k | ▲ 4.3% |
| Profit (loss) for the period before taxes9903 | €2k | €2k | €7k | €9k | €-5k | ▼ 159% |
| Income taxes67/77 | - | - | €1k | €2k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €2k | €2k | €6k | €7k | €-5k | ▼ 180% |
| Profit (loss) for the period to be appropriated9905 | €2k | €2k | €6k | €7k | €-5k | ▼ 180% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €58k | €3.06M | €7.84M | €10.66M | €16.96M | ▲ 59.1% |
| Current assets29/58 | €58k | €3.06M | €7.84M | €10.66M | €16.96M | ▲ 59.1% |
| Amounts receivable within one year40/41 | €50k | €50k | €7.68M | €10.20M | €16.44M | ▲ 61.2% |
| Other amounts receivable41 | - | €50k | €7.68M | €10.20M | €16.44M | ▲ 61.2% |
| Cash at bank and in hand54/58 | €8k | €3.01M | €3k | €2k | €21k | ▲ 1,061% |
| Deferred charges and accrued income490/1 | - | - | €158k | €458k | €497k | ▲ 8.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €58k | €3.06M | €7.84M | €10.66M | €16.96M | ▲ 59.1% |
| Equity10/15 | €57k | €58k | €64k | €71k | €66k | ▼ 7.6% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €100 | €400 | €1k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €400 | €1k | €2k | €2k | = |
| Legal reserve130 | - | €400 | €1k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-5k | €-3k | €2k | €8k | €2k | ▼ 71.2% |
| Amounts payable17/49 | €1k | €3.00M | €7.77M | €10.59M | €16.89M | ▲ 59.5% |
| Amounts payable within one year42/48 | €1k | €3.00M | €7.70M | €10.30M | €16.40M | ▲ 59.2% |
| Trade debts44 | €511 | €363 | €363 | - | - | - |
| Suppliers440/4 | - | €363 | €363 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €1k | €2k | - | - |
| Taxes450/3 | - | - | €1k | €2k | - | - |
| Other amounts payable47/48 | - | €3.00M | €7.70M | €10.30M | €16.40M | ▲ 59.2% |
| Accrued charges and deferred income492/3 | - | - | €69k | €285k | €490k | ▲ 71.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €2k | €6k | €7k | €-5k | ▼ 180% |
| Operating cash flow (approximation) | €2k | €2k | €6k | €7k | €-5k | ▼ 180% |
| Change in cash | - | €3.00M | €-3.01M | €-705 | €19k | ▲ 2,836% |
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
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Weakest financial yearnet €-5k
Net result drops to €-5k, the lowest in the series.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Highest result since 2019net €7k ▲15.6%
Net result €7k, the highest in the series.
2023
25-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
05-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 5 days late
2020
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 3 days late
31-03
Financial
Back to profitnet €672
Net result €672 after one loss-making year.
2019
20-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 2016
Ground area
256 m²
Building footprint
113 m²
Volume, LiDAR
1,545 m³
Parcel 21673D0155/00E002, Brussels · tallest building 19.4 m, ±5 floors. Linked by address, not a title deed.
161
companies at this address
See who is registered here
1 establishment unit
IMPAXIS
since 20162.251.700.491
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21673D0155/00E002 | Brussels | 256 m² | 1 · 113 m² | 19.4 m · 5 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.
Identification & contact
Identification
Legal formPublic limited company
Founded24-03-2016
Fiscal year end31-03
Contact
E-mail
roland.deschaetzen@gmail.comSint-Lambrechts-Woluwe
Phone
0478/307.422Sint-Lambrechts-Woluwe
Scores and ratios are computed by Checked and are not a credit decision.