IMCOMA
InactiveFinancials · financial year 2025, micro format
2025 annual accounts filed late (14 days) Filed on 14 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00398208.
Turnover
€180,138
EBIT margin
9.0%
Net result
€85,842▲ 1,135%
2024 · €6,951
Working capital
€68,758
2024 · -€91,316
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €111,394 after a loss of €13,214 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€111,394
2025
Net result€85,842
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€583,147
2025
Equity€492,956
2025
Debt€17,270
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€68,758
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Turnover€180,138-
Operating result€16,228--€45,875€19,190-€970€6,439€9,586▲ 48.9%-€13,214€111,394
Net result€92--€37,800€20,146€769▼ 96.2%€10,339▲ 1,245%€9,887▼ 4.4%€6,951▼ 29.7%€85,842▲ 1,135%
EBIT margin9.0%-
Equity€306,663-€268,864▼ 12.3%€306,177▲ 13.9%€327,827▲ 7.1%€390,276▲ 19.0%€400,162▲ 2.5%€407,114▲ 1.7%€492,956▲ 21.1%
Total assets€745,663-€674,698▼ 9.5%€697,716▲ 3.4%€705,220▲ 1.1%€725,531▲ 2.9%€658,177▼ 9.3%€600,401▼ 8.8%€583,147▼ 2.9%
Debt€330,982-€300,905▼ 9.1%€306,050▲ 1.7%€287,217▼ 6.2%€232,530▼ 19.0%€162,234▼ 30.2%€125,700▼ 22.5%€17,270▼ 86.3%
Working capital-€257,313--€257,811▼ 0.2%-€215,360▲ 16.5%-€246,795▼ 14.6%-€159,425▲ 35.4%-€130,241▲ 18.3%-€91,316▲ 29.9%€68,758
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €583,147
Fixed assets
€509,488 ▼ 12.2%
Current assets
€73,659 ▲ 266%
Equity and liabilities €583,147
Equity
€492,956 ▲ 21.1%
Provisions
€72,921 ▲ 7.9%
Debt
€17,270 ▼ 86.3%
Debt's share of the balance-sheet total falls from 20.9% to 3.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€174,965▲
2024 · €63,805
Cash flow
€149,413▲
2024 · €83,970
Current ratio
15.03▲
2024 · 0.18
Debt to equity
0.04▼
2024 · 0.31
ROE
17.4%▲
2024 · 1.7%
ROA
14.7%▲
2024 · 1.2%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€4,902▼
2024 · €111,417
Debt > 1 year
€12,368▼
2024 · €13,118
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 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €180,138 | - | - | - | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €58,021 | €67,936 | €56,952 | €65,089 | €68,690 | €75,553 | €77,019 | €63,570 | ▼ 17.5% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | €6,951 | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €28,779 | €35,192 | €25,837 | €15,369 | €22,740 | ▲ 48.0% |
| Non-recurring operating charges66A | - | - | - | - | - | - | - | €625 | - |
| Gross operating margin9900 | €98,274 | €47,664 | €111,910 | €99,849 | €110,321 | €110,976 | €79,174 | €198,329 | ▲ 150% |
| Operating profit (loss)9901 | €16,228 | -€45,875 | €19,190 | -€970 | €6,439 | €9,586 | -€13,214 | €111,394 | - |
| Financial income75/76B | - | - | - | €11,893 | €12,356 | €13,105 | €28,604 | - | - |
| Recurring financial income75 | €2,037 | €22 | - | €11,893 | €6 | €76 | €28,604 | - | - |
| Non-recurring financial income76B | - | - | - | €11,893 | €12,350 | €13,029 | €28,604 | - | - |
| Financial charges65/66B | - | - | - | €6,160 | €3,666 | €7,088 | €1,739 | €218 | ▼ 87.5% |
| Recurring financial charges65 | €29,606 | €4,828 | €6,370 | €6,160 | €3,666 | €257 | €180 | €218 | ▲ 20.9% |
| Non-recurring financial charges66B | - | - | - | - | - | €6,831 | €1,559 | - | - |
| Profit (loss) for the period before taxes9903 | €420 | -€39,209 | €25,678 | €4,763 | €15,128 | €15,603 | €13,650 | €111,176 | ▲ 714% |
| Transfer from deferred taxes780 | - | - | - | €2,273 | €4,820 | €6,944 | €8,194 | €8,491 | ▲ 3.6% |
| Transfer to deferred taxes680 | - | - | - | - | - | - | - | €33,825 | - |
| Income taxes67/77 | €3,417 | €1,680 | €7,805 | €6,268 | €9,610 | €12,661 | €14,893 | - | - |
| Profit (loss) for the period9904 | €92 | -€37,800 | €20,146 | €769 | €10,339 | €9,887 | €6,951 | €85,842 | ▲ 1,135% |
| Transfer from tax-exempt reserves789 | - | - | - | €6,816 | €14,458 | €20,830 | €24,579 | €25,471 | ▲ 3.6% |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | - | - | €101,474 | - |
| Profit (loss) for the period to be appropriated9905 | €6,092 | -€31,800 | €26,962 | €7,585 | €24,796 | €30,716 | €31,531 | €9,839 | ▼ 68.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €745,663 | €674,698 | €697,716 | €705,220 | €725,531 | €658,177 | €600,401 | €583,147 | ▼ 2.9% |
| Fixed assets21/28 | €710,934 | €654,878 | €642,505 | €682,748 | €670,402 | €641,600 | €580,299 | €509,488 | ▼ 12.2% |
| Tangible fixed assets22/27 | €710,934 | €654,878 | €642,505 | €682,748 | €670,402 | €641,600 | €580,299 | €509,488 | ▼ 12.2% |
| Land and buildings22 | - | - | - | €547,194 | €518,753 | €506,313 | €476,816 | €509,488 | ▲ 6.9% |
| Furniture and vehicles24 | - | - | - | €37,568 | €32,435 | €23,305 | €14,861 | - | - |
| Other tangible fixed assets26 | - | - | - | €97,986 | €119,213 | €111,982 | €88,623 | - | - |
| Current assets29/58 | €34,729 | €19,820 | €55,211 | €22,472 | €55,129 | €16,577 | €20,102 | €73,659 | ▲ 266% |
| Amounts receivable within one year40/41 | €14,563 | €12,008 | €3,458 | €1,033 | €21,053 | €9,343 | €7,658 | €56,939 | ▲ 643% |
| Trade receivables40 | - | - | - | €600 | €8,846 | €104 | - | - | - |
| Other amounts receivable41 | - | - | - | €433 | €12,207 | €9,239 | €7,658 | €56,939 | ▲ 643% |
| Cash at bank and in hand54/58 | €20,166 | €7,812 | €47,005 | €13,638 | €26,447 | €3,980 | €12,444 | €14,282 | ▲ 14.8% |
| Deferred charges and accrued income490/1 | - | - | - | €7,801 | €7,629 | €3,254 | - | €2,439 | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €745,663 | €674,698 | €697,716 | €705,220 | €725,531 | €658,177 | €600,401 | €583,147 | ▼ 2.9% |
| Equity10/15 | €306,663 | €268,864 | €306,177 | €327,827 | €390,276 | €400,162 | €407,114 | €492,956 | ▲ 21.1% |
| Contributions10/11 | €112,000 | - | - | €112,000 | €112,000 | €112,000 | €112,000 | €112,000 | = |
| Contributions outside capital11 | - | - | - | €112,000 | - | - | - | - | - |
| Share premium1100/10 | - | - | - | €112,000 | - | - | - | - | - |
| Reserves13 | €133,883 | €127,884 | €165,135 | €179,200 | €237,852 | €217,022 | €192,443 | €268,446 | ▲ 39.5% |
| Non-distributable reserves130/1 | - | - | - | €1,770 | €1,770 | €1,770 | €1,770 | €1,770 | = |
| Legal reserve130 | - | - | - | €1,770 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,770 | €1,770 | €1,770 | €1,770 | = |
| Tax-exempt reserves132 | - | - | - | €150,529 | €188,182 | €167,352 | €142,773 | €218,776 | ▲ 53.2% |
| Distributable reserves133 | - | - | - | €26,900 | €47,900 | €47,900 | €47,900 | €47,900 | = |
| Profit (loss) carried forward14 | €60,780 | €28,980 | €29,043 | €36,627 | €40,424 | €71,140 | €102,671 | €112,510 | ▲ 9.6% |
| Provisions and deferred taxes16 | €108,018 | €104,929 | €85,488 | €90,175 | €102,725 | €95,781 | €67,587 | €72,921 | ▲ 7.9% |
| Provisions for liabilities and charges160/5 | - | - | - | €40,000 | €40,000 | €40,000 | €20,000 | - | - |
| Major repairs and maintenance162 | - | - | - | - | €40,000 | €40,000 | €20,000 | - | - |
| Other liabilities and charges164/5 | - | - | - | €40,000 | - | - | - | - | - |
| Deferred taxes168 | - | - | - | €50,175 | €62,725 | €55,781 | €47,587 | €72,921 | ▲ 53.2% |
| Amounts payable17/49 | €330,982 | €300,905 | €306,050 | €287,217 | €232,530 | €162,234 | €125,700 | €17,270 | ▼ 86.3% |
| Amounts payable after more than one year17 | €37,890 | €19,650 | €22,740 | €13,770 | €15,448 | €13,038 | €13,118 | €12,368 | ▼ 5.7% |
| Other amounts payable178/9 | - | - | - | €13,770 | €15,448 | €13,038 | €13,118 | €12,368 | ▼ 5.7% |
| Amounts payable within one year42/48 | €292,042 | €277,631 | €270,571 | €269,267 | €214,554 | €146,818 | €111,417 | €4,902 | ▼ 95.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,550 | - | - | - | - | - |
| Trade debts44 | €2,943 | €1,474 | €2,578 | €3,828 | €5,321 | €2,599 | €1,513 | €4,902 | ▲ 224% |
| Suppliers440/4 | - | - | - | €3,828 | €5,321 | €2,599 | €1,513 | €4,902 | ▲ 224% |
| Taxes, remuneration and social security45 | - | - | - | €6,566 | €14,124 | €5,161 | €14,554 | - | - |
| Taxes450/3 | - | - | - | €6,566 | €11,340 | €5,161 | €14,554 | - | - |
| Remuneration and social security454/9 | - | - | - | - | €2,785 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €251,323 | €195,108 | €139,059 | €95,350 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €4,180 | €2,528 | €2,378 | €1,165 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €92 | -€37,800 | €20,146 | €769 | €10,339 | €9,887 | €6,951 | €85,842 | ▲ 1,135% |
| + Depreciation and write-downs630 | €58,021 | €67,936 | €56,952 | €65,089 | €68,690 | €75,553 | €77,019 | €63,570 | ▼ 17.5% |
| Operating cash flow (approximation) | €58,113 | €30,136 | €77,098 | €65,858 | €79,028 | €85,440 | €83,970 | €149,413 | ▲ 77.9% |
| Investment in fixed assets (approximation) | - | -€11,880 | -€44,579 | -€105,332 | -€56,345 | -€46,751 | -€15,718 | €7,241 | - |
| Change in cash | - | -€12,354 | €39,193 | -€33,367 | €12,809 | -€22,467 | €8,464 | €1,838 | ▼ 78.3% |
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 32 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 14-08-2026 | 2026-00398208 |
| 31-12-2024 | micro format | 09-06-2025 | 2025-00125753 |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00394120 |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00180849 |
| 31-12-2021 | micro format | 20-06-2022 | 2022-20092536 |
| 31-12-2020 | micro format | 15-07-2021 | 2021-35700395 |
| 31-12-2019 | micro format | 30-10-2020 | 2020-68400146 |
| 31-12-2018 | full format | 22-08-2019 | 2019-49000183 |
| 31-12-2017 | full format | 31-08-2018 | 2018-57200050 |
| 31-12-2016 | full format | 23-08-2017 | 2017-48100512 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.