IMAG
Annual accounts 2025
micro format, filed on 29-06-2026, 32 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €730,000. Estimated: probably between €650,000 and €880,000.
Balance sheet
balance sheet total €157,613 on 31-12-2025in euro
in euro
Position in the sector
26.1%
Higher than 24% of 16,430 companies in 2025.
1.30
Higher than 30% of 16,170 companies in 2025.
215.6%
Higher than 95% of 16,307 companies in 2025.
Net result: top quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet: assets | |||||
20/58 |
157,613 | 139,504 | 22,203 | 40,092 | |
20 |
- | - | 0 | 975 | |
21/28 |
6,324 | 7,062 | 0 | 10,431 | |
22/27 |
6,324 | 7,062 | 0 | 10,431 | |
23 |
6,324 | 7,062 | - | - | |
24 |
- | - | 0 | 10,431 | |
29/58 |
151,289 | 132,442 | 22,203 | 28,687 | |
40/41 |
50,000 | 100,000 | 1,435 | - | |
40 |
50,000 | 100,000 | - | - | |
41 |
- | 0 | 1,435 | - | |
54/58 |
97,652 | 30,228 | 19,582 | 23,020 | |
490/1 |
3,637 | 2,214 | 1,186 | 5,667 | |
| Balance sheet: equity and liabilities | |||||
10/49 |
157,613 | 139,504 | 22,203 | 40,092 | |
10/15 |
41,083 | 94,345 | 8,027 | 7,112 | |
10/11 |
4,500 | 4,500 | 4,500 | 4,500 | |
14 |
36,583 | 89,845 | 3,527 | 2,612 | |
17/49 |
116,530 | 45,159 | 14,176 | 32,980 | |
42/48 |
116,530 | 45,159 | 14,176 | 32,980 | |
44 |
2,829 | 7,879 | 619 | 5,838 | |
440/4 |
2,829 | 7,879 | 619 | 5,838 | |
45 |
113,541 | 35,119 | 11,356 | 10,161 | |
450/3 |
113,541 | 35,119 | 11,356 | 10,161 | |
47/48 |
160 | 2,160 | 2,201 | 16,981 | |
| Income statement | |||||
9900 |
452,099 | 114,057 | 7,237 | 9,870 | |
630 |
739 | 323 | 975 | 4,491 | |
640/8 |
635 | 366 | 1,744 | 658 | |
9901 |
450,725 | 113,367 | 4,518 | 4,722 | |
65/66B |
2,529 | 2,566 | 2,229 | 54 | |
65 |
2,529 | 2,566 | 2,229 | 54 | |
9903 |
448,196 | 110,801 | 2,289 | 4,668 | |
67/77 |
108,458 | 24,483 | 1,375 | 2,056 | |
9904 |
339,738 | 86,318 | 914 | 2,612 | |
9905 |
339,738 | 86,318 | 914 | 2,612 | |
| Appropriation of the result | |||||
9906 |
429,583 | 89,845 | 3,527 | 2,612 | |
14P |
89,845 | 3,527 | 2,612 | - | |
694/7 |
393,000 | - | - | - | |
694 |
393,000 | - | - | - | |
| Document | |||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 29-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National BankKey figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| 451,464 | 113,690 | 5,493 | 9,213 | ||
| 340,477 | 86,642 | 1,889 | 7,103 | ||
| 0 | 7,386 | -9,456 | 13,922 | ||
| 67,424 | 10,646 | -3,438 | - | ||
| 34,759 | 87,283 | 8,027 | -4,293 | ||
| 26.1% | 67.6% | 36.2% | 17.7% | ||
| 1.30 | 2.93 | 1.57 | 0.87 | ||
| 2.84 | 0.48 | 1.77 | 4.64 | ||
| 827.0% | 91.5% | 11.4% | 36.7% | ||
| 215.6% | 61.9% | 4.1% | 6.5% | ||
| over 100 | 44.31 | 2.46 | over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €7,386 | - | €13,922 |
| €739 | €323 | €975 | €4,491 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on IMAG
The operating result for 2025 is nearly 4 times that of 2024 and the highest since 2022. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total rises from 32.4% to 73.9%. Equity is lower and debt is higher.