Summary
IMMODEM is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €86,676 and a net result of -€28,332. Equity has been shrinking by about 10% per year since 2018. Its solvency ranks better than 34% of 1,853 sector peers (NACE 66, financial year 2025). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-02-1991 Normal situation
- Activity
- Other activities auxiliary to financial services, excluding insurance and pension funding NACE 66199and 2 others
- Establishment unit
- 2.055.732.381 8930 Menen, since 14-01-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 03-10-2025
Board and ownership
- DEMEDTS Eddy Marcel JosephDirector
- DEMEDTS Stephanie PascaleDirector
Financial position
- Loss
- €28,332
- ▼ 25.7%
- Equity
- €86,676
- ▼ 24.6%
- Total assets
- €366,269
- ▼ 9.1%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
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Signals
The company filed its last 7 accounts on average 22 days before the deadline. In the sector (NACE 66), the median for financial year 2024 was 5 days before the deadline, and 39% of those companies filed late.
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Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 34 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €18,648, smaller than the loss of €26,120 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities auxiliary to financial services and insurance activities (NACE 66). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €10,604 | €58,927 | €1,159 | €5,945 | - |
| Financial fixed assets | - | - | - | - | €0 |
| Depreciation and write-downs of the year | €18,280 | €18,709 | €26,604 | €26,690 | €26,907 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,407 | €30,460 | €24,451 | €18,280 | €18,709 | €26,604 | €26,690 | €26,907 | ▲ 0.8% |
| Other operating charges640/8 | - | - | - | €5,001 | €6,418 | €6,259 | €6,557 | €7,044 | ▲ 7.4% |
| Gross operating margin9900 | €27,487 | €18,412 | €22,757 | €22,410 | €23,279 | €27,460 | €7,126 | €15,303 | ▲ 115% |
| Operating profit (loss)9901 | -€9,675 | -€16,463 | -€6,660 | -€871 | -€1,849 | -€5,402 | -€26,120 | -€18,648 | ▲ 28.6% |
| Financial income75/76B | - | - | - | - | - | - | €0 | €19 | ▲ 1,911× |
| Recurring financial income75 | - | €1 | - | - | - | - | €0 | €19 | ▲ 1,911× |
| Financial charges65/66B | - | - | - | €13,000 | €11,813 | €11,630 | €15,956 | €13,667 | ▼ 14.3% |
| Recurring financial charges65 | €13,966 | €13,971 | €12,896 | €13,000 | €11,813 | €11,630 | €15,956 | €13,667 | ▼ 14.3% |
| Profit (loss) for the period before taxes9903 | -€23,641 | -€30,432 | -€19,556 | -€13,871 | -€13,662 | -€17,032 | -€42,075 | -€32,297 | ▲ 23.2% |
| Transfer from deferred taxes780 | - | - | - | €3,964 | €3,964 | €3,964 | €3,964 | €3,964 | = |
| Income taxes67/77 | - | - | - | - | €719 | - | - | - | - |
| Profit (loss) for the period9904 | -€15,791 | -€22,582 | -€12,985 | -€9,907 | -€10,416 | -€13,068 | -€38,111 | -€28,332 | ▲ 25.7% |
| Transfer from tax-exempt reserves789 | - | - | - | €7,699 | €7,699 | €7,699 | €7,699 | €7,699 | = |
| Profit (loss) for the period to be appropriated9905 | -€545 | -€7,337 | -€223 | -€2,208 | -€2,717 | -€5,369 | -€30,412 | -€20,634 | ▲ 32.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €539,671 | €509,759 | €503,806 | €477,380 | €495,702 | €460,197 | €403,044 | €366,269 | ▼ 9.1% |
| Fixed assets21/28 | €328,074 | €300,757 | €276,305 | €268,630 | €308,848 | €283,404 | €262,659 | €235,752 | ▼ 10.2% |
| Tangible fixed assets22/27 | €328,074 | €300,757 | €276,305 | €268,630 | €308,848 | €283,404 | €262,659 | €235,752 | ▼ 10.2% |
| Land and buildings22 | - | - | - | €253,055 | €241,240 | €229,425 | €217,611 | €205,796 | ▼ 5.4% |
| Plant, machinery and equipment23 | - | - | - | €5,645 | €5,280 | €3,475 | €7,082 | €4,527 | ▼ 36.1% |
| Furniture and vehicles24 | - | - | - | - | €46,328 | €36,548 | €26,768 | €16,988 | ▼ 36.5% |
| Other tangible fixed assets26 | - | - | - | €9,930 | €16,000 | €13,955 | €11,198 | €8,441 | ▼ 24.6% |
| Current assets29/58 | €211,597 | €209,002 | €227,501 | €208,750 | €186,854 | €176,793 | €140,385 | €130,517 | ▼ 7.0% |
| Amounts receivable within one year40/41 | €1,379 | €2,194 | €11,597 | €2,537 | €2,740 | €3,113 | €1,639 | €2,364 | ▲ 44.2% |
| Trade receivables40 | - | - | - | €1,196 | €1,206 | €1,051 | - | - | - |
| Other amounts receivable41 | - | - | - | €1,341 | €1,534 | €2,062 | €1,639 | €2,364 | ▲ 44.2% |
| Cash at bank and in hand54/58 | €210,218 | €206,808 | €215,903 | €206,213 | €184,115 | €173,680 | €138,746 | €128,153 | ▼ 7.6% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €539,671 | €509,759 | €503,806 | €477,380 | €495,702 | €460,197 | €403,044 | €366,269 | ▼ 9.1% |
| Equity10/15 | €222,076 | €199,494 | €186,510 | €176,603 | €166,187 | €153,119 | €115,008 | €86,676 | ▼ 24.6% |
| Contributions10/11 | €62,000 | €62,000 | - | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €186,418 | €171,173 | €158,411 | €150,712 | €143,013 | €135,314 | €127,616 | €119,917 | ▼ 6.0% |
| Non-distributable reserves130/1 | - | - | - | €6,200 | €6,200 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €6,200 | €6,200 | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €90,042 | €82,343 | €74,644 | €66,946 | €59,247 | ▼ 11.5% |
| Distributable reserves133 | - | - | - | €54,470 | €54,470 | €60,670 | €60,670 | €60,670 | = |
| Profit (loss) carried forward14 | -€26,342 | -€33,678 | -€33,901 | -€36,109 | -€38,826 | -€44,195 | -€74,607 | -€95,241 | ▼ 27.7% |
| Provisions and deferred taxes16 | €64,750 | €56,900 | €50,329 | €46,364 | €42,400 | €38,436 | €34,472 | €30,507 | ▼ 11.5% |
| Deferred taxes168 | - | - | - | €46,364 | €42,400 | €38,436 | €34,472 | €30,507 | ▼ 11.5% |
| Amounts payable17/49 | €252,845 | €253,364 | €266,967 | €254,413 | €287,115 | €268,642 | €253,564 | €249,085 | ▼ 1.8% |
| Amounts payable within one year42/48 | €252,845 | €253,364 | €266,967 | €254,413 | €287,115 | €268,642 | €253,564 | €249,085 | ▼ 1.8% |
| Trade debts44 | €71 | €134 | €1,732 | €179 | €475 | €186 | €436 | €572 | ▲ 31.2% |
| Suppliers440/4 | - | - | - | €179 | €475 | €186 | €436 | €572 | ▲ 31.2% |
| Other amounts payable47/48 | - | - | - | €254,234 | €286,640 | €268,455 | €253,128 | €248,513 | ▼ 1.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€15,791 | -€22,582 | -€12,985 | -€9,907 | -€10,416 | -€13,068 | -€38,111 | -€28,332 | ▲ 25.7% |
| + Depreciation and write-downs630 | €32,407 | €30,460 | €24,451 | €18,280 | €18,709 | €26,604 | €26,690 | €26,907 | ▲ 0.8% |
| Operating cash flow (approximation) | €16,616 | €7,878 | €11,467 | €8,373 | €8,293 | €13,536 | -€11,422 | -€1,425 | ▲ 87.5% |
| Investment in fixed assets (approximation) | - | -€3,143 | €0 | -€10,604 | -€58,927 | -€1,159 | -€5,945 | €0 | - |
| Change in cash | - | -€3,410 | €9,095 | -€9,690 | -€22,099 | -€10,435 | -€34,934 | -€10,593 | ▲ 69.7% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 30-07-2026 | 2026-00358603 | |
| 31-12-2024 | abbreviated format | 31-07-2025 | 2025-00344534 | |
| 31-12-2023 | abbreviated format | 27-06-2024 | 2024-00178294 | |
| 31-12-2022 | abbreviated format | 23-06-2023 | 2023-00157885 | |
| 31-12-2021 | abbreviated format | 21-06-2022 | 2022-20083371 | |
| 31-12-2020 | abbreviated format | 05-07-2021 | 2021-31100524 | |
| 31-12-2019 | abbreviated format | 15-07-2020 | 2020-31000081 | |
| 31-12-2018 | abbreviated format | 17-06-2019 | 2019-19200361 | |
| 31-12-2017 | abbreviated format | 14-06-2018 | 2018-18700101 | |
| 31-12-2016 | abbreviated format | 29-06-2017 | 2017-24100353 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 28-11-2023 Converted to unavailable equity
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| DEMEDTS Eddy Marcel Joseph |
|
| DEMEDTS Stephanie Pascale |
|
Network & group
IMMODEM shares no director with another company.
Companies at the same address
6 other companies- Clarysse, Anthony (sole trader) Establishment · since 2021 0771714182
- Vandevelde, Marc (sole trader) Establishment · since 2020 0752723859
- Warlop, Denise (sole trader) Establishment · since 2020 0748795062
- QUALITY CONCEPT Registered office · since 2016 0663618570
- Vereniging van mede-eigenaars Residentie Ten Ockere te Menen-Lauwe Leiestraat Registered office · since 2013 0503962015
- Saunaconstruct Registered office · since 2009 0819552307
Connections & network
2 current directorsThe network starts from the directors of IMMODEM. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
28-11
Gazette deed
Appointments: DEMEDTS Eddy Marcel Joseph (statutory director) and DEMEDTS Stephanie Pascale (statutaire bestuurder opvolger)Capital conversion · Amendment of the articles · Capital9 points ▸
- Other provision, “wetboek van Vennootschappen en Verenigingen, statuten aanpassen aan WVV en rechtsvorm besloten vennootschap(BV)behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Amendment of the articles
- Capital
- Director appointment, DEMEDTS Eddy Marcel Joseph (statutory director)
- Director appointment, DEMEDTS Stephanie Pascale (statutaire bestuurder opvolger)
- Board composition, DEMEDTS Eddy Marcel Joseph (statutory director)
- Board composition, DEMEDTS Stephanie Pascale (director (not named in the articles))
- Registered office clause, “gevestigd blijft, Leiestraat 69 bus 2.3,8930 Menen(Lauwe)” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
9 activities
- Het patrimonium gevormd door inbrengen en grotendeels bestaande uit onroerende goederen,te behouden,en in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden.
- De vennootschap zal er zorg voor dragen haar onroerende goederen slechts te vervreemden wanneer deze bouwrijp geworden zijn,of wanneer volgens het normaal patrimoniumbeheer als een goed huisvader,de realisatie gepast lijkt.
- Binnen het kader van haar voorwerp,zal de vennootschap mogen overgaan tot het aankopen,opschikken,uitrusten of valoriseren,bouwen,verhuren of in huur nemen van onroerende goederen,al dan niet gemeubeld.
- De vennootschap heeft verder tot voorwerp om een patrimonium,gevormd door het nemen van participaties in ondernemingen,te behouden en in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden.
- Tevens zal de vennootschap zich kunnen inlaten met alle vormen van beheer van beleggingen in effecten en roerende goederen.
- Het bemiddelen en het afsluiten van koop-verkoopovereenkomsten inzake commerciële handelstransacties,zo ook het leveren van prestaties voor derden tegen betaling van een vergoeding,hetzij een commissieloon.
- Zij zal in het kader van haar werkzaamheden alle onroerende en roerende verrichtingen mogen stellen,die nodig of nuttig zijn voor de verwezenlijking van haar voorwerp.
- Zij kan ondermeer belangen nemen in iedere onderneming waarvan het voorwerp gelijkaardig,overeenkomstig of verwant is met het hare.Zij kan optreden als bestuurder of vereffenaar in andere vennootschappen.
- De vennootschap mag haar voorwerp verwezenlijken zo in België als in het buitenland,op alle wijzen en manieren die zij het best geschikt zal achten.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBEnvironmental permits
Source: Omgevingsloket Vlaanderen.
Sites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34024A0215/00D002 | Flanders | 3,563 m² | 1 · 633 m² | 22.3 m · 4 |