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IMODEFF

Active Public limited companyfounded 1942active for 84 yearsLouizalaan 335, 1050 IxellesKBO/BCE: BE 0402.982.936 #6 oldest company in Ixelles, Real estate sector
Heads the group IMODEFF 9 companies
See the group
IMODEFF
Financial year 2025
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Annual accounts 2025

full format, filed on 30-08-2026, 30 days late
-€934,551
▼ €1.5m
-€2.8m
▼ €1.5m
-€4.2m
▲ €200,173
-€39.6m
▼ €2.9m
-15.0%
▼ 10.0 percentage points
0.26
▼ 0.13

Turnover: not included in this filing.

In the rankings #6 oldest company in Ixelles, Real estate sector

Balance sheet

balance sheet total €46.8m on 31-12-2025
What the company ownsHow it is paid for

in €m

Position in the sector

Compare with sector

-15.0%

Higher than 8% of 5,810 companies in 2025.

0.26

Higher than 19% of 5,561 companies in 2025.

-8.9%

Higher than 8% of 5,784 companies in 2025.

IMODEFF Middle half of the sector 80% of the sector Full accounts in real estate (NACE 68)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: top quarter · Working capital: bottom quarter

Staff

Staff costs divided by the average number of full-time equivalents.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
Balance sheet: assets
20/58 46.8m57.1m63.5m66.4m56.4m55.0m50.5m52.0m53.1m52.2m48.1m43.9m17.4m19.0m16.1m13.9m13.6m14.4m18.4m16.3m
21/28 32.7m33.9m35.2m38.0m33.8m34.5m34.7m36.9m37.1m36.9m36.7m32.0m16.2m16.5m14.0m12.0m12.5m12.4m12.4m12.4m
22/27 15.9m17.2m18.5m21.3m22.4m23.0m23.3m25.4m25.8m24.8m24.6m19.8m4.0m4.3m4.1m4.3m4.6m4.6m4.6m8.6m
22 15.9m17.1m18.4m21.3m22.3m22.9m23.1m23.5m23.9m24.6m24.5m19.7m3.9m4.1m3.9m4.0m4.3m4.3m4.4m8.3m
23 ----3,4257,59622,9581.7m1.7m49,9787,3569435287921,0564769531,4292,020458
24 020,13630,63621,00046,32975,181120,623130,486127,0898,23915,47722,71624,95454,18392,774131,366171,16596,19851,352101,648
26 12,21019,99829,67829,67832,85945,20257,99370,78483,691101,23550,02663,23076,43389,637114,34895,437126,897149,152124,918168,640
28 16.7m16.7m16.7m16.7m11.5m11.5m11.5m11.5m11.3m12.2m12.2m12.3m12.3m12.3m10.0m7.8m7.8m7.8m7.8m3.8m
29/58 14.1m23.2m28.4m28.4m22.5m20.5m15.8m15.2m16.0m15.2m11.3m11.9m1.2m2.5m2.1m1.9m1.1m2.0m6.0m3.9m
3 6.9m19.7m25.5m24.5m18.4m16.3m12.5m11.7m13.6m10.2m9.5m9.9m157,324-500,333698,272228,200---
30/36 6.9m19.7m25.5m24.5m18.4m16.3m12.5m11.7m13.6m10.2m9.5m9.9m157,324-500,333698,272228,200---
40/41 7.1m3.5m2.7m2.7m3.7m4.0m3.2m2.8m2.1m2.1m1.4m1.3m810,449710,3901.2m514,815594,4551.1m5.4m3.3m
40 4.4m1.3m1.1m499,4581.3m1.2m174,912-236,492667,64351,340-40,7776,488264,88619,633--4.8m2.4m
41 2.7m2.2m1.6m2.2m2.5m2.8m3.0m2.8m1.9m1.5m1.4m1.3m769,672703,902957,242495,182594,4551.1m613,517853,138
50/53 ---------236,758238,465234,259241,439215,230193,977220,845212,107159,252285,981323,944
54/58 123,905-219,5381.2m337,528126,53140,196632,475241,6352.7m209,754425,729-1.6m183,381171,428111,458745,045277,908228,188
490/1 9,22412,3622,8297,85415,715--1,050-------245,625----
Balance sheet: equity and liabilities
10/49 46.8m57.1m63.5m66.4m56.4m55.0m50.5m52.0m53.1m52.2m48.1m43.9m17.4m19.0m16.1m13.9m13.6m14.4m18.4m16.3m
10/15 -7.0m-2.8m1.5m3.4m-13,6222.3m3.8m5.0m6.4m10.0m10.5m11.6m48,562996,0101.0m-1.6m-607,965574,7091.3m1.7m
10/11 495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268
10 495,268495,268495,268495,268495,268---------------
100 495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268495,268
12 12.4m12.4m12.4m12.4m12.4m12.4m12.4m12.4m12.4m12.8m13.2m13.6m--------
13 1.4m1.4m1.4m1.4m1.4m1.4m1.4m1.4m1.4m1.0m598,608186,426186,426186,426186,426186,426186,4261.4m1.4m1.4m
130/1 114,527114,527114,527114,527114,527114,527--------------
130 114,527114,527114,527114,527114,527114,527114,527114,527114,527114,527114,527114,527114,527114,527114,527114,527114,527114,527114,527114,527
132 3313313313313313313313313313313313313313313313313311.2m1.2m1.2m
133 1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m1.3m895,932483,75071,56871,56871,56871,56871,56871,56871,56871,56871,568
14 -21.3m-17.1m-12.8m-10.9m-14.3m-11.9m-10.4m-9.3m-7.8m-4.3m-3.8m-2.7m-633,132314,316325,647-2.3m-1.3m-1.3m-644,519-187,981
16 -----------------660,551660,551660,551
168 -----------------660,551660,551660,551
17/49 53.7m59.9m62.0m63.1m56.4m52.6m46.7m47.1m46.7m42.1m37.6m32.3m17.4m18.0m15.1m15.5m14.2m13.2m16.5m13.9m
17 16,20216,20216,20216,20216,20232,70460,88997,043283,184314,335420,5612.3m2.3m2.8m3.2m4.2m4.7m5.0m5.4m12.0m
170/4 -----16,50244,68772,741259,603290,753396,9792.3m2.3m2.8m3.2m4.2m4.6m5.0m5.3m11.9m
178/9 16,20216,20216,20216,20216,20216,20216,20224,30223,58223,58223,58215,48215,48215,48215,482-32,87034,27934,27973,086
42/48 53.7m59.9m62.0m63.1m56.4m52.6m46.6m47.0m44.3m41.8m37.1m30.0m15.1m15.2m11.9m11.3m9.6m8.2m11.1m1.9m
42 25025025025014,39126,37426,24328,473700-----------
43 31.3m39.3m46.2m48.8m42.0m39.7m35.3m35.0m32.6m27.8m24.8m18.2m9.2m8.7m7.3m6.6m5.1m4.8m4.9m-
430/8 31.3m39.2m46.2m48.8m42.0m39.7m35.3m35.0m32.6m27.8m24.8m18.2m9.2m8.7m7.3m6.6m5.1m4.8m4.9m-
439 -72,911------------------
44 2.9m2.6m2.3m1.4m743,711468,783167,5881.2m533,7651.5m245,355542,074126,046348,251605,175182,679349,163340,86725,238423,409
440/4 2.9m2.6m2.3m1.4m743,711468,783167,5881.2m533,7651.5m245,355542,074126,046348,251605,175182,679349,163340,86725,238423,409
45 11,3999,5866,12812,3286,1146,2799,1453,0007,752616,14599,2007,1416,998163,9869,6746,4476,4995,7935,6465,119
450/3 131,858-2,873-----607,65092,176--157,1262,999-----
454/9 11,3877,7296,1289,4556,1146,2799,1453,0007,7528,4947,0247,1416,9986,8616,6746,4476,4995,7935,6465,119
47/48 19.5m18.0m13.4m12.8m13.5m12.4m11.1m10.7m11.2m11.9m12.0m11.2m5.8m6.0m3.9m4.5m4.1m3.0m6.2m1.5m
492/3 --------2.1m51,48222,23348,014-44,636---000
Income statement
76A ---5.8m145,804-----6,675-26,202722,4391.2m-52,856---
9900 -934,551613,5432.8m6.2m281,3541.1m1.4m1.8m637,9742.4m1.6m272,976492,390504,872819,279668,194601,157404,160757,2662.7m
62 67,18763,84290,98577,46051,84253,42176,11870,20455,75449,04847,25049,20047,70546,85749,45047,72745,21853,43048,94777,244
630 1.3m1.4m1.4m1.4m1.4m1.4m1.3m1.3m1.2m1.2m1.0m1.2m353,742389,078412,609552,341567,181569,954514,496695,597
631/4 ---------------317,723----
640/8 460,287477,805554,507456,428439,084455,029405,805466,941357,764323,323333,876107,15771,60168,07262,69064,10759,29654,676156,935162,544
66A ------69,421-970,000--7,187--27,943--125,74337,9871,266
9901 -2.8m-1.3m728,8124.3m-1.6m-775,224-464,014983-2.0m865,720170,444-1.1m19,343865294,530-313,703-70,538-273,90136,8891.8m
75/76B 2,91415,6045,30556,50333,09354,74427,79325,86333,44113,22111,44823,88910,66217,5181,54224,710-12344,76268,660
75 2,91415,6045,30556,50333,09354,74427,79325,86333,44113,22111,44823,88910,66217,5181,54224,710-12344,76268,660
65/66B 1.4m3.1m2.6m1.0m767,419771,276680,1701.5m1.6m1.3m1.3m996,7681.0m752,155638,482674,5081.8m300,025520,660471,646
65 1.4m3.1m2.6m1.0m767,419771,276680,1701.5m1.6m1.3m1.3m996,7681.0m752,155638,482674,5081.8m300,025520,660471,646
9903 -4.2m-4.4m-1.8m3.4m-2.4m-1.5m-1.1m-1.5m-3.6m-470,521-1.1m-2.0m-946,355-11,334825,522-963,502-1.8m-699,545-476,9961.4m
67/77 32-----1616-2,1132,114--3,1371,094-3-2,3932,39037,482-10,3402,8701,176
9904 -4.2m-4.4m-1.8m3.4m-2.4m-1.5m-1.1m-1.5m-3.6m-472,635-1.1m-2.0m-947,449-11,331827,915-965,892-1.2m-689,205-479,866742,769
789 ----------------1.2m---
689 -------------------1.2m
9905 -4.2m-4.4m-1.8m3.4m-2.4m-1.5m-1.1m-1.5m-3.6m-472,635-1.1m-2.0m-947,449-11,331827,915-965,89244,064-689,205-479,866-483,970
Appropriation of the result
9906 -21.3m-17.1m-12.8m-10.9m-14.3m-11.9m-10.4m-9.3m-7.8m-4.3m-3.8m-2.7m-633,132314,316325,647-2.3m-1.3m-1.3m-644,519-187,981
14P -17.1m-12.8m-10.9m-14.3m-11.9m---------------
Social balance sheet
9087 ------1.51.51.211111111111.4
Hours worked1013 ------2,4982,4921,9831,7481,6111,7251,6571,7251,7481,7321,9301,8091,7562,332
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 28 older financial years (1977-2005) were filed as documents without figures as data, scans for example.

The notes to these accounts have 17 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 30-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 30 days after the deadline. Filed on 30 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00482327.

Financial year Type Filed Reference Document
31-12-2025 full format 30-08-2026 2026-00482327 PDF
31-12-2024 full format 28-11-2025 2025-00576894 PDF
31-12-2023 full format 31-10-2024 2024-00527443 PDF
31-12-2022 full format 27-10-2023 2023-00494624 PDF
31-12-2021 full format 30-09-2022 2022-20449224 PDF
31-12-2020 full format 29-10-2021 2021-75500309 PDF
31-12-2019 full format 03-12-2020 2020-74400571 PDF
31-12-2018 full format 28-11-2019 2019-74500485 PDF
31-12-2017 full format 27-09-2018 2018-67200436 PDF
31-12-2016 full format 28-09-2017 2017-64700062 PDF
31-12-2015 full format 06-12-2016 2016-69500224 PDF
31-12-2014 full format 30-07-2015 2015-37400044 PDF
31-12-2013 full format 31-07-2014 2014-38800470 PDF
31-12-2012 full format 31-07-2013 2013-38700313 PDF
31-12-2011 full format 30-08-2012 2012-52300321 PDF
31-12-2010 full format 29-07-2011 2011-37500237 PDF
31-12-2009 full format 30-07-2010 2010-37800530 PDF
31-12-2008 full format 27-07-2009 2009-48800096 PDF
31-12-2007 full format 29-07-2008 2008-50400291 PDF
31-12-2006 full format 16-07-2007 2007-41100067 PDF
31-12-2005 full format 19-07-2006 2006-49504461 PDF
31-12-2004 full format 28-06-2005 2005-35301737 PDF
31-12-2003 full format 23-06-2004 2004-29700547 PDF
31-12-2002 full format 24-06-2003 2003-29001165 PDF
31-12-2001 full format 18-09-2002 2002-56700579 PDF
31-12-2000 full format 14-09-2001 2001-56301701 PDF
31-12-1999 full format 07-11-2000 2000-70103709 PDF
31-12-1998 full format 15-10-1999 1999-53405096 PDF
31-12-1997 full format 06-01-1999 1999-00205215 PDF
31-12-1996 full format 16-06-1998 1998-18203054 PDF
31-12-1995 full format 19-11-1996 1996-51103084 PDF
31-12-1994 full format 30-11-1995 1995-58503016 PDF
31-12-1993 full format 21-10-1994 1994-45004134 PDF
31-12-1992 full format 25-02-1994 1994-03100249 PDF
31-12-1991 full format 23-02-1993 1993-02702190 PDF
31-12-1990 full format 19-06-1992 1992-13101324 PDF
31-12-1989 full format 13-06-1991 1991-09501134 PDF
31-12-1988 full format 10-11-1989 1989-25403416 PDF
31-12-1987 full format 19-08-1988 1988-19003079 PDF
31-12-1986 full format 21-08-1987 1987-20700303 PDF
31-12-1985 full format 15-07-1986 1986-28902129 PDF
31-12-1984 full format 06-11-1985 1985-37300389 PDF
31-12-1983 unclassified schema 29-03-1985 1985-01400562 PDF
31-12-1982 unclassified schema 27-12-1983 1983-14700019 PDF
31-12-1981 unclassified schema 27-12-1983 1983-14700002 PDF
31-12-1979 unclassified schema 25-07-1980 1980-09800384 PDF
31-12-1978 unclassified schema 13-06-1979 1979-05002212 PDF
31-12-1977 unclassified schema 03-07-1978 1978-03801025 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20252024202320222021202020192018201720162015201420132012201120102009200820072006
-1.5m71,8962.1m5.7m-209,572603,791860,8941.3m-745,5452.0m1.2m116,619373,085389,943707,139238,638496,643296,054551,3852.5m
-2.9m-3.0m-449,1274.8m-943,898-112,741208,532-196,998-2.3m698,622-80,955-860,311-593,707377,7481.2m-413,550-615,493-119,25034,6301.4m
144,14273,194866,43311.3m745,2541.2m892,2151.0m2.3m1.4m5.8m3.4m52,0682.9m3.0m193,805642,017549,7305.0m1.1m
---930,756812,766210,99786,335-592,279390,841-2.5m2.5m-215,975--1.4m11,95359,970-633,588467,13749,721-
-39.6m-36.7m-33.6m-34.6m-33.8m-32.1m-30.8m-31.8m-28.3m-26.5m-25.8m-18.1m-13.9m-12.7m-9.8m-9.4m-8.4m-6.2m-5.1m1.9m
-15.0%-5.0%2.4%5.1%0.0%4.3%7.6%9.5%12.1%19.2%21.8%26.4%0.3%5.2%6.2%-11.3%-4.5%4.0%6.9%10.6%
0.260.390.460.450.400.390.340.320.360.360.300.400.080.160.180.160.120.250.542.01
0.130.060.050.060.070.080.070.070.050.120.050.070.070.160.130.100.100.250.542.01
--40.5318.77-22.4012.159.507.244.203.582.78-18.0815.01--22.9813.068.09
---119.6%100.4%--63.5%-29.1%-30.1%-55.4%-4.7%-10.6%-17.6%--1.1%82.2%---119.9%-38.0%43.2%
-8.9%-7.6%-2.9%5.1%-4.2%-2.7%-2.2%-2.9%-6.7%-0.9%-2.3%-4.7%-5.4%-0.1%5.1%-7.0%-8.7%-4.8%-2.6%4.6%
-1.050.020.825.66-0.27---------------

EBIT margin: not included in this filing.

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

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
Item20252024202320222021
Tangible fixed assets€134,142€69,516€864,301€332,731€745,254
Financial fixed assets€10,000€3,678€2,133€10.9m-
€1.3m€1.4m€1.4m€1.4m€1.4m

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on IMODEFF

The operating result for 2025 is a loss of €2.8m, larger than the loss of €1.3m in 2024. It is the lowest result since 2006.

Equity is negative. Debt (€53.7m) exceeds the balance-sheet total (€46.8m).

Next steps

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