Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMPROFUND from Retie, company number BE0460470876, closed financial year 2025 with a result of € -85,470 after tax. For that financial year IMPROFUND recorded a gross margin of € 16,145 and equity of € 979,891. Compared with financial year 2024, the result moved from € -82,083 to € -85,470. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 2, 2026.
€ 979,891
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -85,470
▼ 4 % more loss than in 2024
Profit after tax over the fiscal year.
€ 102
▲ 103% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -768,006.
Debts at end 2025
€ 584,521
▲ 1% vs 2024
€ 26,500 is repaid this year. At this pace the long-term loan is gone in ≈ 22 years.
€ 59,004
▲ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 17,473 | € -7,471 | € 19,629 | € 16,145 | ▼ 18% |
| Profit after taxes | € -84,317 | € -107,922 | € -82,083 | € -85,470 | ▼ € 3,387 |
| Equity | € 1,255,365 | € 1,147,443 | € 1,065,361 | € 979,891 | ▼ 8% |
| Total debts | € 598,536 | € 624,382 | € 630,598 | € 643,524 | ▲ 2% |
| Cash | € 5,631 | € 1,433 | € 50 | € 102 | ▲ 103% |
| Land & buildings | € 1,668,689 | € 1,594,205 | € 1,519,720 | € 1,445,235 | ▼ 5% |
| Retained profit | € -492,532 | € -600,454 | € -682,537 | € -768,006 | ▼ € 85,470 |
| Bank debt | € 597,668 | € 601,891 | € 579,136 | € 584,521 | ▲ 1% |
| Balance sheet total | € 1,853,901 | € 1,771,825 | € 1,695,959 | € 1,623,416 | ▼ 4% |
Key figures of IMPROFUND, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 June 2027.
What happened to IMPROFUND?
What happened at IMPROFUND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Natalia Mukha stepped down as director. NBB
- Willy Joannes Van den Bergh stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 85,470. Source: NBB ↗
- Natalia Mukha became a director. NBB
- Willy Joannes Van den Bergh became a director. NBB
- New establishment in Retie. KBO
- Start of the company according to the CBE. KBO
In short
From € 84,317 loss in 2022 to € 85,470 loss in 2025.
Paid € 2 in corporate taxes since 2022.
Management
It owns 62% of Fininfra itself.
Directors
According to the 2025 annual accounts
Natalia Mukha
Director
since 2023 · until 2029
Willy Joannes Van den Bergh
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Provinciebaan 64 box A
2470 Retie
Provinciebaan 64 box a
2470 Retie
Active since 14 May 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →KAMA ACCOUNTING EN FISCALITEIT
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€ 38,050 gross margin · 2025
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€ 118,758 gross margin · 2025
HET BOLLEBOOSJE
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.470.876
- VAT number
- BE 0460.470.876
- Registered office
- Provinciebaan 64 bus A, 2470 Retie
- Names & denominations
- IMPROFUND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 April 1997
- Peppol
- Active · Active since 10 Sept 2025