IMA
InactiveFinancials · financial year 2026, micro format
Turnover
≈ €810,000
Estimated: probably between €560,000 and €1.2m
Total assets
€2.0m▲ 18.1%
2025 · €1.7m
Net result
€307,922▼ 21.8%
2025 · €393,765
Working capital
-€1.1m
2025 · €966,551
Trend over the years
2022 to 2026, 5 financial years 2018 to 2026, 9 financial years
The operating result falls in 2026; 2026 is 32% below 2025.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.4m
2026
Net result€0.3m
2026
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.0m
2026
Equity€0.02m
2026
Debt€2.0m
2026
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€1.1m
2026
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023202420252026
Operating result€0.05m-€0.4m▲ 762%-€0.003m-€0.005m▼ 45.6%€252€0.4m▲ 1,449×-€0.02m€0.6m€0.4m▼ 32.1%
Net result-€0.04m-€0.3m€111▼ 100.0%€77▼ 30.7%€0.002m▲ 22×€0.3m▲ 164×-€0.03m€0.4m€0.3m▼ 21.8%
Equity€0.8m-€1.1m▲ 40.7%€1.1m=€1.1m=€1.1m▲ 0.2%€1.3m▲ 26.2%€1.3m▼ 2.3%€1.7m▲ 30.2%€0.02m▼ 98.5%
Total assets€0.8m-€1.3m▲ 49.7%€1.2m▼ 1.2%€1.3m▲ 5.5%€1.2m▼ 5.7%€1.5m▲ 25.8%€1.4m▼ 8.2%€1.7m▲ 19.8%€2.0m▲ 18.1%
Debt€0.09m-€0.09m▲ 3.3%€0.08m▼ 13.0%€0.1m▲ 92.1%€0.08m▼ 47.8%€0.03m▼ 61.2%€0.03m▲ 1.1%€0.005m▼ 84.1%€2.0m▲ 410×
Working capital€0.08m--€0.06m-€0.04m▲ 28.3%-€0.04m▲ 2.8%-€0.007m▲ 84.3%€0.3m€0.2m▼ 28.2%€1.0m▲ 299%-€1.1m
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €2.0m
Fixed assets
€1.1m ▲ 56.0%
Current assets
€870,876 ▼ 10.3%
Equity and liabilities €2.0m
Equity
€24,789 ▼ 98.5%
Debt
€2.0m ▲ 410×
Debt's share of the balance-sheet total rises from 0.3% to 98.8%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
0.44
Debt to equity
80.18▲
2025 · 0.00
ROA
15.3%▼
2025 · 23.1%
Debt ≤ 1 year
€2.0m▲
2025 · €4,843
Income taxes
€102,641▼
2025 · €305,203
A ratio outside any meaningful range has been withheld (balance sheet total €2.0m, equity €24,789).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37,242 | €154,192 | €42,428 | €45,222 | €48,155 | €41,184 | €42,692 | €22,798 | - | - |
| Other operating charges640/8 | - | - | - | €4,676 | €4,593 | €5,153 | €5,126 | €5,113 | €1,866 | ▼ 63.5% |
| Gross operating margin9900 | €89,293 | €551,983 | €44,226 | €45,343 | €53,000 | €411,187 | €32,583 | €619,580 | €403,404 | ▼ 34.9% |
| Operating profit (loss)9901 | €47,985 | €413,759 | -€3,128 | -€4,555 | €252 | €364,850 | -€15,235 | €591,668 | €401,539 | ▼ 32.1% |
| Financial income75/76B | - | - | - | €672 | €279 | €8,294 | €10,935 | €20,723 | €9,170 | ▼ 55.8% |
| Recurring financial income75 | €326 | €1,548 | €672 | €672 | €279 | €8,294 | €10,935 | €20,723 | €9,170 | ▼ 55.8% |
| Financial charges65/66B | - | - | - | -€96 | €991 | €996 | €233 | €170 | €146 | ▼ 14.3% |
| Recurring financial charges65 | €91,213 | €2,150 | €438 | -€96 | €991 | €996 | €233 | €170 | €146 | ▼ 14.3% |
| Profit (loss) for the period before taxes9903 | -€42,903 | €413,157 | -€2,893 | -€3,786 | -€460 | €372,148 | -€4,533 | €612,221 | €410,562 | ▼ 32.9% |
| Transfer from deferred taxes780 | - | - | - | €3,864 | €4,451 | €5,094 | €97,008 | €86,747 | - | - |
| Transfer to deferred taxes680 | - | - | - | - | - | €92,585 | - | - | - | - |
| Income taxes67/77 | - | - | - | - | €2,301 | €7,161 | €123,375 | €305,203 | €102,641 | ▼ 66.4% |
| Profit (loss) for the period9904 | -€42,903 | €305,573 | €111 | €77 | €1,690 | €277,497 | -€30,900 | €393,765 | €307,922 | ▼ 21.8% |
| Transfer from tax-exempt reserves789 | - | - | - | €11,591 | €13,353 | €15,283 | €291,023 | €260,241 | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €277,754 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€42,903 | -€17,177 | €9,125 | €11,668 | €15,043 | €15,026 | €260,122 | €654,006 | €307,922 | ▼ 52.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Total assets20/58 | €0.8m | €1.3m | €1.2m | €1.3m | €1.2m | €1.5m | €1.4m | €1.7m | €2.0m | ▲ 18.1% |
| Fixed assets21/28 | €0.7m | €1.2m | €1.2m | €1.3m | €1.2m | €1.2m | €1.1m | €0.7m | €1.1m | ▲ 56.0% |
| Tangible fixed assets22/27 | €0.7m | €1.2m | €1.2m | €1.3m | €1.2m | €1.2m | €1.1m | €0.7m | €1.1m | ▲ 56.0% |
| Land and buildings22 | - | - | - | €1.2m | €1.2m | €1.1m | €1.1m | €0.7m | €1.1m | ▲ 59.3% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Current assets29/58 | €0.1m | €0.03m | €0.03m | €0.04m | €0.007m | €0.4m | €0.3m | €1.0m | €0.9m | ▼ 10.3% |
| Amounts receivable within one year40/41 | €0.05m | €0.03m | €0.03m | €0.03m | - | €0.1m | €0.2m | €0.2m | €0.3m | ▲ 8.9% |
| Other amounts receivable41 | - | - | - | €0.03m | - | €0.1m | €0.2m | €0.2m | €0.3m | ▲ 8.9% |
| Cash at bank and in hand54/58 | €0.08m | €0.003m | €0.006m | €0.02m | €0.006m | €0.2m | €0.06m | €0.7m | €0.6m | ▼ 16.0% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.002m | €0.001m | €0.005m | - | - |
| Equity and liabilities | ||||||||||
| Total equity and liabilities10/49 | €0.8m | €1.3m | €1.2m | €1.3m | €1.2m | €1.5m | €1.4m | €1.7m | €2.0m | ▲ 18.1% |
| Equity10/15 | €0.8m | €1.1m | €1.1m | €1.1m | €1.1m | €1.3m | €1.3m | €1.7m | €0.02m | ▼ 98.5% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.7m | €1.0m | €1.0m | €1.0m | €1.0m | €1.3m | €1.3m | €1.7m | - | - |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | - | - |
| Tax-exempt reserves132 | - | - | - | €0.3m | €0.3m | €0.6m | €0.3m | - | - | - |
| Distributable reserves133 | - | - | - | €0.7m | €0.7m | €0.8m | €1.0m | €1.7m | - | - |
| Provisions and deferred taxes16 | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | €0.09m | - | - | - |
| Deferred taxes168 | - | - | - | €0.1m | €0.1m | €0.2m | €0.09m | - | - | - |
| Amounts payable17/49 | €0.09m | €0.09m | €0.08m | €0.1m | €0.08m | €0.03m | €0.03m | €0.005m | €2.0m | ▲ 410× |
| Amounts payable after more than one year17 | €0.04m | - | - | €0.06m | €0.06m | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €0.06m | €0.06m | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.05m | €0.09m | €0.08m | €0.09m | €0.01m | €0.03m | €0.03m | €0.005m | €2.0m | ▲ 410× |
| Trade debts44 | €0.001m | €0.002m | €0.001m | €166 | €61 | €0.008m | €0.001m | €0.001m | - | - |
| Suppliers440/4 | - | - | - | €166 | €61 | €0.008m | €0.001m | €0.001m | - | - |
| Taxes, remuneration and social security45 | - | - | - | - | €0.002m | €0.005m | €0.03m | €0.004m | €0.006m | ▲ 43.7% |
| Taxes450/3 | - | - | - | - | €0.002m | €0.005m | €0.03m | €0.004m | €0.006m | ▲ 43.7% |
| Other amounts payable47/48 | - | - | - | €0.09m | €0.01m | €0.02m | €0.003m | - | €2.0m | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.001m | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€42,903 | €305,573 | €111 | €77 | €1,690 | €277,497 | -€30,900 | €393,765 | €307,922 | ▼ 21.8% |
| + Depreciation and write-downs630 | €37,242 | €154,192 | €42,428 | €45,222 | €48,155 | €41,184 | €42,692 | €22,798 | - | - |
| Operating cash flow (approximation) | -€5,661 | €459,765 | €42,539 | €45,299 | €49,844 | €318,680 | €11,791 | €416,564 | €307,922 | ▼ 26.1% |
| Investment in fixed assets (approximation) | - | -€667,939 | -€23,478 | -€102,167 | -€11,769 | €2,142 | -€9,949 | €394,224 | -€409,654 | - |
| Change in cash | - | -€75,865 | €3,698 | €9,997 | -€10,345 | €222,006 | -€166,805 | €667,973 | -€116,847 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 49 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 28-09-2026 | micro format | 28-09-2026 | 2026-00528130 |
| 31-12-2025 | micro format | 22-06-2026 | 2026-00184834 |
| 31-12-2024 | micro format | 17-06-2025 | 2025-00147157 |
| 31-12-2023 | micro format | 29-09-2024 | 2024-00493615 |
| 31-12-2022 | micro format | 28-09-2023 | 2023-00470904 |
| 31-12-2021 | micro format | 07-07-2022 | 2022-20168776 |
| 31-12-2020 | micro format | 02-07-2021 | 2021-29800477 |
| 31-12-2019 | micro format | 27-10-2020 | 2020-65200358 |
| 31-12-2018 | micro format | 04-07-2019 | 2019-28600456 |
| 31-12-2017 | micro format | 27-08-2018 | 2018-55600299 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.