Imolim
ActiveSummary
Imolim has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.2m and a net result of €632,772. Equity is growing by about 15% 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
€7.2m▲ 9.7%
2024 · €6.5m
Total assets
€42.3m▼ 1.0%
2024 · €42.7m
Net result
€632,772▲ 20.3%
2024 · €526,204
Working capital
-€3.0m▼ 42.6%
2024 · -€2.1m
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result has risen four years in a row; 2025 is 4% above 2024 and is 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€1.4m
2025
Net result€0.6m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€42.3m
2025
Equity€7.2m
2025
Debt€35.1m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€3.0m
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€0.7m-€0.6m▼ 12.0%€0.3m▼ 47.5%€0.8m▲ 166%€1.1m▲ 33.9%€1.2m▲ 12.0%€1.4m▲ 14.0%€1.4m▲ 4.2%
Net result-€0.5m--€0.6m▼ 21.0%-€0.9m▼ 42.8%-€0.3m▲ 66.5%€4.7m€0.4m▼ 92.3%€0.5m▲ 46.1%€0.6m▲ 20.3%
Equity€2.7m-€2.1m▼ 22.3%€1.2m▼ 41.0%€1.0m▼ 23.3%€5.6m▲ 491%€6.0m▲ 6.4%€6.5m▲ 8.8%€7.2m▲ 9.7%
Total assets€44.7m-€45.0m▲ 0.7%€45.9m▲ 2.0%€44.5m▼ 3.0%€44.9m▲ 0.8%€43.2m▼ 3.6%€42.7m▼ 1.2%€42.3m▼ 1.0%
Debt€42.0m-€42.9m▲ 2.2%€44.7m▲ 4.1%€43.6m▼ 2.5%€39.2m▼ 10.0%€37.2m▼ 5.1%€36.2m▼ 2.8%€35.1m▼ 3.0%
Working capital-€3.6m--€7.8m▼ 114%-€10.2m▼ 30.7%-€7.8m▲ 23.7%€2.2m-€0.4m-€2.1m▼ 394%-€3.0m▼ 42.6%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42.3m
Fixed assets
€35.4m ▼ 2.1%
Current assets
€6.8m ▲ 5.1%
Equity and liabilities €42.3m
Equity
€7.2m ▲ 9.7%
Debt
€35.1m ▼ 3.0%
Debt's share of the balance-sheet total falls from 84.7% to 83.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.3m▲
2024 · €2.2m
Cash flow
€1.5m▲
2024 · €1.4m
Current ratio
0.69▼
2024 · 0.75
Debt to equity
4.91▼
2024 · 5.55
ROE
8.8%▲
2024 · 8.1%
ROA
1.5%▲
2024 · 1.2%
Interest coverage
2.19▲
2024 · 2.04
Debt ≤ 1 year
€9.9m▲
2024 · €8.6m
Debt > 1 year
€24.9m▼
2024 · €27.3m
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 | - | - | - | - | - | €0.04m | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.6m | €0.6m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | ▲ 2.1% |
| Other operating charges640/8 | - | - | - | €0.09m | €0.09m | €0.1m | €0.1m | €0.1m | ▲ 30.7% |
| Gross operating margin9900 | €1.3m | €1.3m | €1.2m | €1.8m | €2.1m | €2.2m | €2.3m | €2.4m | ▲ 4.5% |
| Operating profit (loss)9901 | €0.7m | €0.6m | €0.3m | €0.8m | €1.1m | €1.2m | €1.4m | €1.4m | ▲ 4.2% |
| Financial income75/76B | - | - | - | €0.03m | €4.7m | €0.3m | €0.2m | €0.2m | ▲ 2.5% |
| Recurring financial income75 | €0.1m | €0.1m | €0.06m | €0.03m | €0.2m | €0.3m | €0.2m | €0.2m | ▲ 2.5% |
| Non-recurring financial income76B | - | - | - | - | €4.5m | - | - | - | - |
| Financial charges65/66B | - | - | - | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | ▼ 3.9% |
| Recurring financial charges65 | €1.3m | €1.3m | €1.2m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | ▼ 3.9% |
| Profit (loss) for the period before taxes9903 | -€0.5m | -€0.6m | -€0.9m | -€0.3m | €4.7m | €0.4m | €0.5m | €0.6m | ▲ 20.3% |
| Profit (loss) for the period9904 | -€0.5m | -€0.6m | -€0.9m | -€0.3m | €4.7m | €0.4m | €0.5m | €0.6m | ▲ 20.3% |
| Profit (loss) for the period to be appropriated9905 | -€0.5m | -€0.6m | -€0.9m | -€0.3m | €4.7m | €0.4m | €0.5m | €0.6m | ▲ 20.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €44.7m | €45.0m | €45.9m | €44.5m | €44.9m | €43.2m | €42.7m | €42.3m | ▼ 1.0% |
| Fixed assets21/28 | €41.5m | €43.1m | €44.0m | €43.5m | €36.1m | €36.4m | €36.2m | €35.4m | ▼ 2.1% |
| Tangible fixed assets22/27 | €6.6m | €8.2m | €9.1m | €8.6m | €7.7m | €7.9m | €7.7m | €7.0m | ▼ 10.0% |
| Land and buildings22 | - | - | - | €8.6m | €7.7m | €7.9m | €7.7m | €7.0m | ▼ 10.0% |
| Financial fixed assets28 | €34.9m | €34.9m | €34.9m | €34.9m | €28.4m | €28.4m | €28.4m | €28.4m | = |
| Current assets29/58 | €3.2m | €1.9m | €1.9m | €1.1m | €8.7m | €6.8m | €6.5m | €6.8m | ▲ 5.1% |
| Amounts receivable within one year40/41 | €3.0m | €1.8m | €1.3m | €0.5m | €8.0m | €6.1m | €6.0m | €6.2m | ▲ 3.1% |
| Trade receivables40 | - | - | - | - | - | €84 | €0.07m | €0.05m | ▼ 28.5% |
| Other amounts receivable41 | - | - | - | €0.5m | €8.0m | €6.1m | €6.0m | €6.2m | ▲ 3.5% |
| Cash at bank and in hand54/58 | €0.04m | €0.03m | €0.01m | €0.3m | €0.3m | €0.2m | €0.04m | €0.2m | ▲ 479% |
| Deferred charges and accrued income490/1 | - | - | - | €0.4m | €0.5m | €0.5m | €0.4m | €0.4m | ▼ 10.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €44.7m | €45.0m | €45.9m | €44.5m | €44.9m | €43.2m | €42.7m | €42.3m | ▼ 1.0% |
| Equity10/15 | €2.7m | €2.1m | €1.2m | €1.0m | €5.6m | €6.0m | €6.5m | €7.2m | ▲ 9.7% |
| Contributions10/11 | €4.0m | €4.0m | €4.0m | €4.0m | €4.0m | €4.0m | €4.0m | €4.0m | = |
| Capital10 | - | - | - | €4.0m | €4.0m | €4.0m | €4.0m | €4.0m | = |
| Issued capital100 | - | - | - | €4.0m | €4.0m | €4.0m | €4.0m | €4.0m | = |
| Reserves13 | €0.07m | €0.07m | €0.07m | €0.07m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Non-distributable reserves130/1 | - | - | - | €0.07m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Legal reserve130 | - | - | - | €0.07m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Profit (loss) carried forward14 | -€1.4m | -€2.0m | -€2.8m | -€3.1m | €1.2m | €1.6m | €2.1m | €2.8m | ▲ 29.8% |
| Amounts payable17/49 | €42.0m | €42.9m | €44.7m | €43.6m | €39.2m | €37.2m | €36.2m | €35.1m | ▼ 3.0% |
| Amounts payable after more than one year17 | €34.9m | €32.9m | €32.3m | €34.6m | €32.2m | €29.8m | €27.3m | €24.9m | ▼ 8.7% |
| Financial debts170/4 | - | - | - | €34.6m | €32.2m | €29.8m | €27.3m | €24.8m | ▼ 9.1% |
| Other amounts payable178/9 | - | - | - | €0.04m | €0.03m | €0.03m | €0.03m | €0.1m | ▲ 358% |
| Amounts payable within one year42/48 | €6.9m | €9.7m | €12.1m | €8.9m | €6.6m | €7.3m | €8.6m | €9.9m | ▲ 14.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €2.3m | €2.4m | €2.4m | €2.5m | €2.5m | ▲ 0.8% |
| Trade debts44 | €0.06m | €0.8m | €0.04m | €0.02m | €0.003m | €0.1m | €0.003m | €0.002m | ▼ 45.1% |
| Suppliers440/4 | - | - | - | €0.02m | €0.003m | €0.1m | €0.003m | €0.002m | ▼ 45.1% |
| Advances received on contracts in progress46 | - | - | - | - | - | €0.2m | €0.2m | €0.1m | ▼ 30.7% |
| Other amounts payable47/48 | - | - | - | €6.5m | €4.2m | €4.5m | €6.0m | €7.3m | ▲ 21.4% |
| Accrued charges and deferred income492/3 | - | - | - | €0.1m | €0.4m | €0.2m | €0.2m | €0.3m | ▲ 35.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.5m | -€0.6m | -€0.9m | -€0.3m | €4.7m | €0.4m | €0.5m | €0.6m | ▲ 20.3% |
| + Depreciation and write-downs630 | €0.6m | €0.6m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | €0.9m | ▲ 2.1% |
| Operating cash flow (approximation) | €0.08m | €0.03m | -€0.01m | €0.6m | €5.6m | €1.2m | €1.4m | €1.5m | ▲ 9.0% |
| Investment in fixed assets (approximation) | - | -€2.2m | -€1.8m | -€0.3m | €6.4m | -€1.1m | -€0.7m | -€0.1m | ▲ 83.7% |
| Change in cash | - | -€0.007m | -€0.02m | €0.3m | -€0.004m | -€0.06m | -€0.2m | €0.2m | - |
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 49 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 05-06-2026 | 2026-00139787 |
| 31-12-2024 | abbreviated format | 28-05-2025 | 2025-00108954 |
| 31-12-2023 | abbreviated format | 29-05-2024 | 2024-00099778 |
| 31-12-2022 | abbreviated format | 23-05-2023 | 2023-00091954 |
| 31-12-2021 | abbreviated format | 03-06-2022 | 2022-20045652 |
| 31-12-2020 | abbreviated format | 08-06-2021 | 2021-17800416 |
| 31-12-2019 | abbreviated format | 08-09-2020 | 2020-52000234 |
| 31-12-2018 | abbreviated format | 29-05-2019 | 2019-14700587 |
| 31-12-2017 | abbreviated format | 01-06-2018 | 2018-14900256 |
| 31-12-2016 | abbreviated format | 01-06-2017 | 2017-14200361 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.