IMMODER
Annual accounts 2025
micro format, filed on 23-06-2026, 38 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 ≈ €610,000. Estimated: probably between €560,000 and €760,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €2.0m on 31-12-2025in €m
in euro
Position in the sector
96.4%
Higher than 95% of 19,813 companies in 2025.
1.84
Higher than 64% of 18,987 companies in 2025.
15.5%
Higher than 83% of 19,456 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · 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 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
2.0m | 2.4m | 2.6m | 2.6m | 2.9m | 2.9m | 3.0m | 3.2m | 3.4m | 3.0m | 2.8m | 2.6m | 2.6m | 2.7m | 2.8m | 3.0m | 3.0m | 3.3m | 3.2m | 2.8m | |
21/28 |
1.9m | 2.1m | 2.2m | 2.4m | 2.6m | 2.7m | 2.9m | 3.0m | 3.1m | 1.7m | 1.8m | 2.0m | 2.1m | 2.3m | 2.4m | 2.6m | 2.7m | 2.9m | 2.9m | 2.7m | |
22/27 |
713,689 | 861,143 | 1.0m | 1.2m | 1.6m | 1.7m | 1.9m | 2.0m | 2.1m | 1.7m | 1.8m | 2.0m | 2.1m | 2.3m | 2.4m | 2.6m | 2.7m | 2.9m | 2.9m | 2.7m | |
22 |
668,631 | 776,426 | 884,222 | 992,018 | 1.4m | 1.5m | 1.6m | 1.7m | 1.8m | 1.7m | 1.8m | 2.0m | 2.1m | 2.3m | 2.4m | 2.6m | 2.7m | 2.9m | 2.9m | 2.5m | |
23 |
45,059 | 84,716 | 124,374 | 164,965 | 206,303 | 244,416 | 280,725 | 317,256 | 270,159 | 36,040 | 3,738 | 4,673 | 5,607 | 6,542 | 8,433 | 10,324 | 2,871 | 3,828 | 4,785 | 5,741 | |
27 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 237,700 | |
28 |
1.2m | 1.2m | 1.2m | 1.2m | 984,000 | 984,000 | 984,000 | 984,000 | 984,000 | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
103,192 | 300,268 | 386,803 | 193,185 | 321,947 | 172,229 | 134,315 | 152,648 | 286,375 | 1.3m | 992,398 | 647,099 | 504,330 | 463,221 | 378,094 | 406,733 | 266,236 | 383,204 | 359,784 | 48,635 | |
40/41 |
- | - | 213,775 | 5,958 | 9,743 | - | 0 | - | - | 500,000 | - | - | - | - | - | - | 14,000 | 153 | 14,500 | 20,720 | |
40 |
- | - | 1,775 | 5,958 | 9,743 | - | - | - | - | - | - | - | - | - | - | - | - | 153 | 3,000 | - | |
41 |
- | - | 212,000 | - | - | - | 0 | - | - | 500,000 | - | - | - | - | - | - | 14,000 | - | 11,500 | 20,720 | |
54/58 |
88,747 | 110,507 | 139,337 | 48,338 | 290,192 | 121,392 | 81,588 | 147,957 | 280,316 | 686,498 | 961,366 | 578,775 | 386,601 | 324,686 | 314,195 | 382,915 | 153,500 | 282,409 | 318,055 | 12,409 | |
490/1 |
14,445 | 189,762 | 33,691 | 138,890 | 22,012 | 50,837 | 52,728 | 4,690 | 6,059 | 142,889 | 31,032 | 68,324 | 117,729 | 138,535 | 63,899 | 23,819 | 98,736 | 100,642 | 27,228 | 15,506 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
2.0m | 2.4m | 2.6m | 2.6m | 2.9m | 2.9m | 3.0m | 3.2m | 3.4m | 3.0m | 2.8m | 2.6m | 2.6m | 2.7m | 2.8m | 3.0m | 3.0m | 3.3m | 3.2m | 2.8m | |
10/15 |
1.9m | 2.3m | 2.5m | 2.5m | 2.8m | 2.7m | 2.9m | 3.1m | 3.1m | 2.9m | 2.7m | 2.5m | 2.3m | 2.1m | 1.9m | 1.7m | 2.4m | 2.3m | 2.7m | 2.6m | |
10/11 |
62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 1.0m | 1.0m | 1.6m | 1.6m | |
10 |
62,500 | 62,500 | 62,500 | 62,500 | 62,500 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 62,500 | 1.0m | 1.0m | 1.6m | 1.6m | |
13 |
221,382 | 221,382 | 221,382 | 208,752 | 208,752 | 116,132 | 116,132 | 116,132 | 116,132 | 116,132 | 116,132 | 116,132 | 116,131 | 116,132 | 116,132 | 116,132 | 116,132 | 107,637 | 107,637 | 100,831 | |
130/1 |
6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 6,250 | 60,211 | 51,716 | 51,716 | 44,910 | |
132 |
55,921 | 55,921 | 55,921 | 148,541 | 148,541 | 55,921 | 55,921 | 55,921 | 55,921 | 55,921 | 55,921 | 55,921 | 55,920 | 55,921 | 55,921 | 55,921 | 55,921 | 55,921 | 55,921 | 55,921 | |
133 |
159,211 | 159,211 | 159,211 | 53,961 | 53,961 | 53,961 | 53,961 | 53,961 | 53,961 | 53,961 | 53,961 | 53,961 | 53,961 | 53,961 | 53,961 | 53,961 | - | - | - | - | |
14 |
1.7m | 2.0m | 2.3m | 2.2m | 2.6m | 2.6m | 2.8m | 2.9m | 2.9m | 2.8m | 2.6m | 2.4m | 2.1m | 1.9m | 1.7m | 1.5m | 1.3m | 1.1m | 962,982 | 833,673 | |
16 |
- | - | - | - | - | - | 555 | 554 | 553 | 568 | 656 | 654 | 654 | 653 | 649 | 644 | 120,059 | 61,122 | 634 | 669 | |
160/5 |
- | - | - | - | - | - | 555 | 554 | 553 | 568 | 656 | 654 | 654 | 653 | 649 | 644 | 120,059 | 61,122 | 634 | 669 | |
160 |
- | - | - | - | - | - | 555 | 554 | 553 | - | - | - | - | - | - | - | - | - | - | - | |
164/5 |
- | - | - | - | - | - | - | - | - | 568 | - | - | - | - | - | - | - | - | - | - | |
17/49 |
73,295 | 79,631 | 55,122 | 51,025 | 38,350 | 142,860 | 64,306 | 95,309 | 261,032 | 73,732 | 64,432 | 80,671 | 326,450 | 649,112 | 917,538 | 1.3m | 453,444 | 954,551 | 525,517 | 213,941 | |
42/48 |
56,011 | 52,142 | 46,819 | 12,004 | 17,305 | 124,009 | 32,731 | 80,476 | 252,247 | 73,267 | 64,432 | 80,671 | 326,450 | 637,799 | 906,824 | 1.3m | 450,337 | 951,444 | 523,389 | 212,645 | |
44 |
3,068 | 3,068 | 39,131 | 2,933 | 2,905 | 8,806 | 7,402 | 10,096 | 232,966 | 10,788 | 5,411 | 4,584 | 5,607 | 7,106 | 6,935 | 9,502 | 6,851 | 317,148 | 313,144 | 5,888 | |
440/4 |
3,068 | 3,068 | 39,131 | 2,933 | 2,905 | 8,806 | 7,402 | 10,096 | 232,966 | 10,788 | 5,411 | 4,584 | 5,607 | 7,106 | 6,935 | 9,502 | 6,851 | 317,148 | 313,144 | 5,888 | |
45 |
52,943 | 48,854 | 6,379 | 4,871 | 10,590 | 10,051 | 20,176 | 15,928 | 17,229 | 62,107 | 58,649 | 75,715 | 35,496 | 37,936 | 66,351 | 50,868 | 10,358 | 8,197 | 5,947 | 2,100 | |
450/3 |
52,943 | 48,854 | 6,379 | 4,871 | 10,590 | 10,051 | 20,176 | 15,928 | 17,229 | 62,107 | 58,649 | 75,715 | 35,496 | 37,936 | 66,351 | 50,868 | 10,358 | 8,197 | 5,947 | 2,100 | |
47/48 |
- | 220 | 1,310 | 4,200 | 3,810 | 105,152 | 5,152 | 54,452 | 2,052 | 372 | 372 | 372 | 285,347 | 592,758 | 833,539 | 1.2m | 433,128 | 626,099 | 204,298 | 204,657 | |
492/3 |
17,284 | 27,489 | 8,302 | 39,021 | 21,045 | 18,852 | 31,576 | 14,833 | 8,785 | 465 | - | - | - | 11,313 | 10,714 | 3,972 | 3,107 | 3,107 | 2,129 | 1,295 | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 327,300 | |
76A |
- | - | - | 89,540 | - | - | - | - | - | 1,449 | - | - | - | - | - | - | - | - | 3,291 | - | |
9900 |
545,295 | 589,921 | 602,334 | 574,820 | 508,327 | 487,571 | 512,511 | 512,804 | 491,242 | 493,162 | 483,814 | 520,114 | 490,752 | 484,634 | 468,406 | 470,623 | 470,460 | 456,920 | 346,593 | 341,533 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9,359 | |
630 |
147,453 | 147,453 | 148,387 | 149,134 | 156,863 | 156,276 | 156,771 | 155,838 | 208,773 | 158,968 | 155,275 | 155,275 | 155,275 | 156,232 | 156,232 | 156,232 | 155,298 | 155,298 | 165,746 | 103,379 | |
631/4 |
-440 | 3,165 | - | 8,160 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
635/8 |
- | - | - | - | - | -555 | 0 | 1 | -15 | -87 | 2 | - | 1 | 4 | 5 | -119,415 | 58,937 | 60,488 | -35 | 1 | |
640/8 |
66,565 | 63,307 | 68,101 | 77,404 | 60,945 | 54,487 | 55,816 | 52,538 | 50,698 | 51,213 | 47,267 | 46,445 | 45,945 | 44,604 | 43,193 | 43,178 | 42,213 | 40,514 | 29,309 | 28,816 | |
66A |
- | - | - | - | - | - | - | - | - | 665 | - | - | - | - | 5,603 | - | - | - | - | - | |
9901 |
331,716 | 375,996 | 385,847 | 340,122 | 290,519 | 277,362 | 299,923 | 304,426 | 231,786 | 282,404 | 281,270 | 318,394 | 289,531 | 283,794 | 268,976 | 390,628 | 214,013 | 200,621 | 151,573 | 209,337 | |
75/76B |
68,077 | 68,165 | 153,847 | 6,326 | 2,814 | 1,690 | 0 | 161 | 1,977 | 7,235 | 4,353 | 5,324 | 3,565 | 2,592 | 3,326 | 1,560 | 1,271 | 13,500 | 8,466 | 409 | |
75 |
68,077 | 68,165 | 153,847 | 6,326 | 2,814 | 1,690 | 0 | 161 | 1,977 | 7,235 | 4,353 | 5,324 | 3,565 | 2,592 | 3,326 | 1,560 | 1,271 | 13,500 | 8,466 | 409 | |
65/66B |
180 | 150 | 3,150 | 150 | 143 | 217 | 109 | 117 | 90 | 75 | 60 | 6,584 | 11,379 | 20,773 | 38,059 | 28,915 | 15,083 | 36,269 | 13,625 | 14,070 | |
65 |
180 | 150 | 3,150 | 150 | 143 | 217 | 109 | 117 | 90 | 75 | 60 | 6,584 | 11,379 | 20,773 | 38,059 | 28,915 | 15,083 | 36,269 | 13,625 | 14,070 | |
9903 |
399,613 | 444,011 | 536,544 | 346,298 | 293,191 | 278,835 | 299,814 | 304,471 | 233,673 | 289,563 | 285,563 | 317,133 | 281,717 | 265,613 | 228,639 | 363,273 | 200,201 | 177,851 | 149,705 | 195,677 | |
67/77 |
87,807 | 102,508 | 95,410 | 86,981 | 72,648 | 70,802 | 89,249 | 90,952 | 72,719 | 83,825 | 79,303 | 83,860 | 73,222 | 68,296 | 55,311 | 106,045 | 30,298 | 16,299 | 13,590 | 34,215 | |
9904 |
311,806 | 341,503 | 441,134 | 259,317 | 220,542 | 208,033 | 210,565 | 213,519 | 160,954 | 205,738 | 206,260 | 233,273 | 208,495 | 197,317 | 173,329 | 257,228 | 169,903 | 161,552 | 136,114 | 161,461 | |
789 |
- | - | 105,250 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | 12,630 | - | 92,620 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
311,806 | 341,503 | 533,754 | 259,317 | 127,922 | 208,033 | 210,565 | 213,519 | 160,954 | 205,738 | 206,260 | 233,273 | 208,495 | 197,317 | 173,329 | 257,228 | 169,903 | 161,552 | 136,114 | 161,461 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
2.3m | 2.6m | 2.8m | 2.8m | 2.7m | 3.0m | 3.1m | 3.1m | 2.9m | 2.8m | 2.6m | 2.4m | 2.1m | 1.9m | 1.7m | 1.5m | 1.3m | 1.1m | 969,787 | 841,746 | |
14P |
2.0m | 2.3m | 2.2m | 2.6m | 2.6m | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 53,961 | - | - | - | - | |
691/2 |
- | - | 105,250 | - | - | - | - | - | - | - | - | - | - | - | - | 53,961 | 8,495 | - | 6,806 | 8,073 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8,495 | - | 6,806 | 8,073 | |
6921 |
- | - | 105,250 | - | - | - | - | - | - | - | - | - | - | - | - | 53,961 | - | - | - | - | |
694/7 |
650,000 | 600,000 | 400,000 | 600,000 | 120,000 | 400,000 | 350,000 | 250,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
650,000 | 600,000 | 400,000 | 600,000 | 120,000 | 400,000 | 350,000 | 250,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 12 older financial years (1994-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 4 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 23-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 23-06-2026 | 2026-00195830 | |
| 31-12-2024 | micro format | 21-06-2025 | 2025-00165304 | |
| 31-12-2023 | micro format | 16-06-2024 | 2024-00134040 | |
| 31-12-2022 | micro format | 03-07-2023 | 2023-00190321 | |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20132340 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-55300174 | |
| 31-12-2019 | micro format | 15-07-2020 | 2020-30200224 | |
| 31-12-2018 | micro format | 09-07-2019 | 2019-30500002 | |
| 31-12-2017 | micro format | 16-07-2018 | 2018-33200478 | |
| 31-12-2016 | micro format | 28-06-2017 | 2017-23500003 | |
| 31-12-2015 | full format | 06-06-2016 | 2016-15600213 | |
| 31-12-2014 | full format | 23-06-2015 | 2015-21000103 | |
| 31-12-2013 | full format | 31-07-2014 | 2014-37500129 | |
| 31-12-2012 | full format | 28-06-2013 | 2013-23600009 | |
| 31-12-2011 | full format | 14-06-2012 | 2012-17100296 | |
| 31-12-2010 | full format | 25-06-2011 | 2011-20800110 | |
| 31-12-2009 | full format | 28-07-2010 | 2010-35600600 | |
| 31-12-2008 | full format | 01-07-2009 | 2009-37100177 | |
| 31-12-2007 | full format | 22-07-2008 | 2008-45200030 | |
| 31-12-2006 | full format | 15-06-2007 | 2007-23800167 | |
| 31-12-2005 | full format | 13-06-2006 | 2006-23603536 | |
| 31-12-2004 | full format | 22-06-2005 | 2005-30702161 | |
| 31-12-2003 | full format | 11-06-2004 | 2004-23403238 | |
| 31-12-2002 | full format | 26-06-2003 | 2003-31305272 | |
| 31-12-2001 | full format | 01-10-2002 | 2002-61102814 | |
| 31-12-2000 | full format | 25-07-2001 | 2001-42502390 | |
| 31-12-1999 | full format | 07-08-2000 | 2000-49400169 | |
| 31-12-1998 | full format | 02-09-1999 | 1999-43904927 | |
| 31-12-1997 | full format | 10-08-1998 | 1998-39403664 | |
| 31-12-1996 | full format | 13-08-1997 | 1997-37703289 | |
| 31-12-1995 | full format | 18-09-1996 | 1996-43903014 | |
| 31-12-1994 | full format | 23-11-1995 | 1995-57801874 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 479,169 | 523,449 | 534,233 | 489,256 | 447,382 | 433,638 | 456,694 | 460,264 | 440,559 | 441,372 | 436,545 | 473,669 | 444,806 | 440,026 | 425,208 | 546,860 | 369,310 | 355,918 | 317,319 | 312,716 | ||
| 459,259 | 488,956 | 589,521 | 408,451 | 377,406 | 364,309 | 367,337 | 369,357 | 369,727 | 364,706 | 361,535 | 388,548 | 363,770 | 353,549 | 329,561 | 413,460 | 325,200 | 316,850 | 301,861 | 264,841 | ||
| 0 | 0 | 0 | 216,000 | 3,177 | 4,395 | 4,667 | 87,361 | 1.6m | 36,929 | 0 | -0 | -0 | 0 | 0 | 9,345 | 0 | 162,950 | 302,253 | 237,700 | ||
| -21,760 | -28,830 | 90,999 | -241,854 | 168,800 | 39,804 | -66,370 | -132,359 | -406,182 | -274,868 | 382,591 | 192,174 | 61,915 | 10,491 | -68,719 | 229,415 | -128,909 | -35,646 | 305,647 | - | ||
| 47,181 | 248,126 | 339,984 | 181,182 | 304,642 | 48,220 | 101,584 | 72,172 | 34,128 | 1.3m | 927,966 | 566,428 | 177,880 | -174,578 | -528,730 | -865,037 | -184,102 | -568,239 | -163,605 | -164,011 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 64.0% | ||
| 96.4% | 96.6% | 97.9% | 98.0% | 98.7% | 95.0% | 97.8% | 97.0% | 92.2% | 97.5% | 97.7% | 96.9% | 87.6% | 76.3% | 67.4% | 57.4% | 80.9% | 69.0% | 83.8% | 92.3% | ||
| 1.84 | 5.76 | 8.26 | 16.09 | 18.60 | 1.39 | 4.10 | 1.90 | 1.14 | 18.14 | 15.40 | 8.02 | 1.54 | 0.73 | 0.42 | 0.32 | 0.59 | 0.40 | 0.69 | 0.23 | ||
| 0.04 | 0.03 | 0.02 | 0.02 | 0.01 | 0.05 | 0.02 | 0.03 | 0.08 | 0.03 | 0.02 | 0.03 | 0.14 | 0.31 | 0.48 | 0.74 | 0.19 | 0.42 | 0.19 | 0.08 | ||
| 16.0% | 15.0% | 17.4% | 10.4% | 7.8% | 7.6% | 7.2% | 7.0% | 5.2% | 7.0% | 7.5% | 9.2% | 9.1% | 9.4% | 9.1% | 14.9% | 7.0% | 7.1% | 5.0% | 6.2% | ||
| 15.5% | 14.5% | 17.0% | 10.2% | 7.7% | 7.2% | 7.0% | 6.7% | 4.8% | 6.8% | 7.4% | 8.9% | 7.9% | 7.2% | 6.2% | 8.6% | 5.7% | 4.9% | 4.2% | 5.8% | ||
| over 100 | over 100 | over 100 | over 100 | over 100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 23 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 230 days |
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 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | - | €3,177 |
| Financial fixed assets | - | - | - | €216,000 | - |
| €147,453 | €147,453 | €148,387 | €149,134 | €156,863 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on IMMODER
The operating result for 2025 is 12% lower than in 2024 and the lowest since 2021. It is the second fall in a row.
Debt's share of the balance-sheet total rises from 3.4% to 3.6%. Equity and debt are lower.