IMMODESS
ActiveSummary
IMMODESS has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €94,027. Equity is growing by about 5.2% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Financials · financial year 2025, abbreviated format
Equity
€1.2m▲ 8.4%
2024 · €1.1m
Total assets
€3.1m▼ 1.0%
2024 · €3.2m
Net result
€94,027▼ 40.4%
2024 · €157,823
Working capital
-€1.4m▲ 15.5%
2024 · -€1.7m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 37% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.1m
2025
Net result€0.09m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€3.1m
2025
Equity€1.2m
2025
Debt€1.9m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€1.4m
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
Operating result€0.08m-€0.08m▼ 10.3%-€0.2m€0.3m€0.07m▼ 73.5%€0.2m▲ 136%€0.2m▲ 32.3%€0.1m▼ 36.7%
Net result€0.01m-€0.1m▲ 838%-€0.2m€0.2m-€0.01m€0.07m€0.2m▲ 133%€0.09m▼ 40.4%
Equity€1.0m-€1.1m▲ 11.8%€0.7m▼ 35.7%€0.9m▲ 23.4%€0.9m▼ 1.3%€1.0m▲ 7.6%€1.1m▲ 16.4%€1.2m▲ 8.4%
Total assets€2.7m-€2.7m▲ 0.6%€2.8m▲ 2.7%€2.6m▼ 7.8%€2.6m▲ 0.3%€2.7m▲ 4.8%€3.2m▲ 16.7%€3.1m▼ 1.0%
Debt€1.7m-€1.6m▼ 7.2%€2.1m▲ 30.4%€1.6m▼ 20.9%€1.6m▲ 1.2%€1.7m▲ 3.5%€2.0m▲ 17.3%€1.9m▼ 6.3%
Working capital-€0.4m--€0.1m▲ 72.3%-€1.4m▼ 1,131%-€1.1m▲ 20.4%-€1.4m▼ 28.8%-€1.3m▲ 8.2%-€1.7m▼ 33.9%-€1.4m▲ 15.5%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets
€2.7m ▼ 8.0%
Current assets
€417,506 ▲ 96.0%
Equity and liabilities €3.1m
Equity
€1.2m ▲ 8.4%
Provisions
€57,658 =
Debt
€1.9m ▼ 6.3%
Debt's share of the balance-sheet total falls from 63.0% to 59.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€148,538▼
2024 · €228,988
Cash flow
€104,805▼
2024 · €169,219
Current ratio
0.22▲
2024 · 0.11
Debt to equity
1.55▼
2024 · 1.79
ROE
7.8%▼
2024 · 14.1%
ROA
3.0%▼
2024 · 5.0%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€1.9m▼
2024 · €1.9m
Income taxes
€42,679▼
2024 · €57,741
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 |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €230,632 | - | €720 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €59,670 | €29,360 | €27,242 | €21,385 | €14,779 | €10,883 | €11,396 | €10,778 | ▼ 5.4% |
| Other operating charges640/8 | - | - | - | €15,083 | €14,159 | €13,297 | €13,776 | €14,261 | ▲ 3.5% |
| Gross operating margin9900 | €156,334 | €119,223 | €139,312 | €299,349 | €98,546 | €188,627 | €242,764 | €162,799 | ▼ 32.9% |
| Operating profit (loss)9901 | €83,816 | €75,161 | -€191,286 | €262,881 | €69,607 | €164,446 | €217,591 | €137,760 | ▼ 36.7% |
| Financial income75/76B | - | - | - | €605 | €0 | €695 | - | - | - |
| Recurring financial income75 | €1 | €13,437 | €121 | €605 | €0 | €695 | - | - | - |
| Financial charges65/66B | - | - | - | €35,474 | €44,351 | €66,277 | €2,027 | €1,054 | ▼ 48.0% |
| Recurring financial charges65 | €59,065 | €859 | €4,328 | €35,474 | €44,351 | €66,277 | €2,027 | €1,054 | ▼ 48.0% |
| Profit (loss) for the period before taxes9903 | €24,752 | €162,838 | -€194,050 | €228,012 | €25,256 | €98,864 | €215,564 | €136,706 | ▼ 36.6% |
| Transfer from deferred taxes780 | - | - | - | €18,775 | - | - | - | - | - |
| Transfer to deferred taxes680 | - | - | - | €57,658 | - | - | - | - | - |
| Income taxes67/77 | €13,250 | €25,522 | -€6,897 | €17,966 | €36,854 | €31,257 | €57,741 | €42,679 | ▼ 26.1% |
| Profit (loss) for the period9904 | €12,803 | €120,087 | -€187,152 | €171,164 | -€11,598 | €67,607 | €157,823 | €94,027 | ▼ 40.4% |
| Transfer from tax-exempt reserves789 | - | - | - | €55,707 | - | - | - | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | €172,974 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €14,755 | €65,216 | -€187,152 | €53,896 | -€11,598 | €67,607 | €157,823 | €94,027 | ▼ 40.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €2.7m | €2.7m | €2.8m | €2.6m | €2.6m | €2.7m | €3.2m | €3.1m | ▼ 1.0% |
| Fixed assets21/28 | €2.4m | €2.7m | €2.6m | €2.5m | €2.5m | €2.5m | €3.0m | €2.7m | ▼ 8.0% |
| Tangible fixed assets22/27 | €0.7m | €0.7m | €0.6m | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 2.1% |
| Land and buildings22 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 2.1% |
| Financial fixed assets28 | €1.7m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | €2.5m | €2.2m | ▼ 9.2% |
| Current assets29/58 | €0.3m | €0.08m | €0.2m | €0.05m | €0.08m | €0.2m | €0.2m | €0.4m | ▲ 96.0% |
| Amounts receivable within one year40/41 | €0.04m | €0.04m | €0.003m | €0.01m | - | €0.05m | €0.2m | €0.1m | ▼ 22.4% |
| Other amounts receivable41 | - | - | - | €0.01m | - | €0.05m | €0.2m | €0.1m | ▼ 22.4% |
| Current investments50/53 | €0.3m | €20 | €20 | €20 | €20 | €20 | €20 | €0.2m | ▲ 1,178,847% |
| Cash at bank and in hand54/58 | €0.01m | €0.04m | €0.2m | €0.04m | €0.08m | €0.2m | €0.04m | €0.07m | ▲ 55.8% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €0.02m | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €2.7m | €2.7m | €2.8m | €2.6m | €2.6m | €2.7m | €3.2m | €3.1m | ▼ 1.0% |
| Equity10/15 | €1.0m | €1.1m | €0.7m | €0.9m | €0.9m | €1.0m | €1.1m | €1.2m | ▲ 8.4% |
| Contributions10/11 | €0.6m | €0.6m | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Capital10 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Issued capital100 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | €0.4m | €0.6m | €0.6m | €0.7m | €0.7m | €0.7m | €0.8m | €0.9m | ▲ 12.1% |
| Non-distributable reserves130/1 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Legal reserve130 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Tax-exempt reserves132 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Distributable reserves133 | - | - | - | €0.4m | €0.4m | €0.4m | €0.6m | €0.6m | ▲ 17.1% |
| Profit (loss) carried forward14 | €0.03m | €0.03m | -€0.2m | -€0.1m | -€0.1m | -€0.05m | - | - | - |
| Provisions and deferred taxes16 | €0.002m | €0.02m | €0.02m | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Deferred taxes168 | - | - | - | €0.06m | €0.06m | €0.06m | €0.06m | €0.06m | = |
| Amounts payable17/49 | €1.7m | €1.6m | €2.1m | €1.6m | €1.6m | €1.7m | €2.0m | €1.9m | ▼ 6.3% |
| Amounts payable after more than one year17 | €0.7m | €1.3m | €0.5m | €0.5m | €0.1m | €0.08m | €0.03m | - | - |
| Financial debts170/4 | - | - | - | €0.5m | €0.1m | €0.08m | €0.03m | - | - |
| Amounts payable within one year42/48 | €0.7m | €0.2m | €1.5m | €1.1m | €1.5m | €1.5m | €1.9m | €1.9m | ▼ 3.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.05m | €0.04m | €0.04m | €0.03m | ▼ 24.1% |
| Trade debts44 | €0.05m | €0.06m | €0.1m | €0.004m | €0.05m | €0.02m | €288 | €0.02m | ▲ 8,297% |
| Suppliers440/4 | - | - | - | €0.004m | €0.05m | €0.02m | €288 | €0.02m | ▲ 8,297% |
| Advances received on contracts in progress46 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Taxes, remuneration and social security45 | - | - | - | - | €0.007m | €0.02m | €0.03m | €0.009m | ▼ 68.9% |
| Taxes450/3 | - | - | - | - | €0.007m | €0.02m | €0.03m | €0.009m | ▼ 68.9% |
| Other amounts payable47/48 | - | - | - | €1.1m | €1.3m | €1.4m | €1.8m | €1.8m | ▼ 2.9% |
| Accrued charges and deferred income492/3 | - | - | - | €0.03m | €0.06m | €0.1m | €0.05m | €0.01m | ▼ 70.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,803 | €120,087 | -€187,152 | €171,164 | -€11,598 | €67,607 | €157,823 | €94,027 | ▼ 40.4% |
| + Depreciation and write-downs630 | €59,670 | €29,360 | €27,242 | €21,385 | €14,779 | €10,883 | €11,396 | €10,778 | ▼ 5.4% |
| Operating cash flow (approximation) | €72,473 | €149,447 | -€159,910 | €192,549 | €3,181 | €78,490 | €169,219 | €104,805 | ▼ 38.1% |
| Investment in fixed assets (approximation) | - | -€300,000 | €0 | €73,368 | €0 | €0 | -€463,841 | €225,372 | - |
| Change in cash | - | €22,635 | €137,441 | -€133,783 | €34,592 | €82,924 | -€115,774 | €23,626 | - |
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 | abbreviated format | 29-07-2026 | 2026-00348613 |
| 31-12-2024 | micro format | 30-06-2025 | 2025-00210327 |
| 31-12-2023 | micro format | 14-04-2024 | 2024-00063820 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00430245 |
| 31-12-2021 | micro format | 09-07-2022 | 2022-20176418 |
| 31-12-2020 | micro format | 03-02-2022 | 2022-04700405 |
| 31-12-2019 | micro format | 22-12-2020 | 2020-77300466 |
| 31-12-2018 | micro format | 02-07-2019 | 2019-29500204 |
| 31-12-2017 | micro format | 31-08-2018 | 2018-60600517 |
| 31-12-2016 | micro format | 08-08-2017 | 2017-42300398 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.