IMOTOP
InactiveInactive; last annual accounts for fiscal year 2025. Dissolved without liquidation on 01-12-2025.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 01-12-2025 was due by 01-07-2026 and was filed on 24-07-2026, 23 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
23 d late
2024
44 d early
2023
7 d early
2022
3 d early
2021
11 d early
2020
30 d late
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-267k▼ 248%
2024 · €-77k
2018: €48khighest in 8 years
2019: €47k▼ -2.3% vs 2018
2020: €36k▼ -23.5% vs 2019
2021: €30k▼ -14.9% vs 2020
2022: €-23k▼ -175% vs 2021
2023: €-211k▼ -819% vs 2022
2024: €-77k▲ +63.7% vs 2023
2025: €-267k▼ -248% vs 2024lowest in 8 years
2018 → 2025
Working capital
€-3.70M▼ 147%
2024 · €-1.50M
2018: €-36k
2019: €-24k▲ +32.2% vs 2018
2020: €-7k▲ +71.8% vs 2019
2021: €21k▲ +404% vs 2020highest in 8 years
2022: €-75k▼ -458% vs 2021
2023: €-2.85M▼ -3699% vs 2022
2024: €-1.50M▲ +47.5% vs 2023
2025: €-3.70M▼ -147% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€608k-€585k▼ 3.8%€373k▼ 36.1%€297k▼ 20.5%€2.26M▲ 661%
2021: €608k
2022: €585k▼ -3.8% vs 2021
2023: €373k▼ -36.1% vs 2022
2024: €297k▼ -20.5% vs 2023lowest in 5 years
2025: €2.26M▲ +661% vs 2024highest in 5 years
Operating result€39k-€-23k€-142k▼ 526%€92k€155k▲ 67.9%
2021: €39k
2022: €-23k▼ -158% vs 2021
2023: €-142k▼ -526% vs 2022lowest in 5 years
2024: €92k▲ +165% vs 2023
2025: €155k▲ +67.9% vs 2024highest in 5 years
Net result€30k-€-23k€-211k▼ 819%€-77k▲ 63.7%€-267k▼ 248%
2021: €30khighest in 5 years
2022: €-23k▼ -175% vs 2021
2023: €-211k▼ -819% vs 2022
2024: €-77k▲ +63.7% vs 2023
2025: €-267k▼ -248% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 68% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.17M
Fixed assets
€5.99M ▲ 53.4%
Current assets
€174k ▲ 132%
Equity and liabilities €6.17M
Equity
€2.26M ▲ 661%
Debt
€3.91M ▲ 6.1%
Debt's share of the balance-sheet total falls from 92.6% to 63.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€282k▲
2024 · €177k
Cash flow
€-140k▼
2024 · €9k
Current ratio
0.04▼
2024 · 0.05
Debt to equity
1.73▼
2024 · 12.43
ROE
-11.8%▲
2024 · -25.9%
ROA
-4.3%▼
2024 · -1.9%
Interest coverage
2.21▲
2024 · 1.05
Debt ≤ 1 year
€3.87M▲
2024 · €1.57M
Debt > 1 year
€2k▼
2024 · €2.05M
Income taxes
€294k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28k | €28k | €28k | €85k | €127k | ▲ 49.2% |
| Other operating charges640/8 | €12k | €12k | €16k | €528 | €1k | ▲ 126% |
| Gross operating margin9900 | €79k | €17k | €-99k | €178k | €283k | ▲ 59.1% |
| Operating profit (loss)9901 | €39k | €-23k | €-142k | €92k | €155k | ▲ 67.9% |
| Financial income75/76B | €631 | €0 | - | €19 | - | - |
| Recurring financial income75 | €631 | €0 | - | €19 | - | - |
| Financial charges65/66B | €0 | €246 | €69k | €169k | €127k | ▼ 24.5% |
| Recurring financial charges65 | €0 | €246 | €69k | €169k | €127k | ▼ 24.5% |
| Profit (loss) for the period before taxes9903 | €40k | €-23k | €-211k | €-77k | €27k | ▲ 135% |
| Income taxes67/77 | €9k | €0 | - | - | €294k | - |
| Profit (loss) for the period9904 | €30k | €-23k | €-211k | €-77k | €-267k | ▼ 248% |
| Profit (loss) for the period to be appropriated9905 | €30k | €-23k | €-211k | €-77k | €-267k | ▼ 248% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €648k | €733k | €3.28M | €3.98M | €6.17M | ▲ 54.8% |
| Fixed assets21/28 | €587k | €660k | €3.23M | €3.91M | €5.99M | ▲ 53.4% |
| Tangible fixed assets22/27 | €587k | €660k | €3.15M | €3.90M | €5.99M | ▲ 53.6% |
| Land and buildings22 | €578k | €652k | €625k | €3.90M | €5.99M | ▲ 53.7% |
| Plant, machinery and equipment23 | €9k | €8k | €7k | €6k | €5k | ▼ 15.8% |
| Assets under construction and advance payments27 | - | - | €2.51M | - | - | - |
| Financial fixed assets28 | - | - | €80k | €7k | - | - |
| Current assets29/58 | €62k | €73k | €59k | €75k | €174k | ▲ 132% |
| Amounts receivable within one year40/41 | €13k | €9k | €4k | €3k | €57k | ▲ 1,914% |
| Trade receivables40 | €8k | €0 | €4k | €3k | €2k | ▼ 39.1% |
| Other amounts receivable41 | €5k | €9k | €0 | - | €56k | - |
| Cash at bank and in hand54/58 | €46k | €62k | €55k | €72k | €117k | ▲ 61.3% |
| Deferred charges and accrued income490/1 | €3k | €2k | €605 | - | €161 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €648k | €733k | €3.28M | €3.98M | €6.17M | ▲ 54.8% |
| Equity10/15 | €608k | €585k | €373k | €297k | €2.26M | ▲ 661% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Revaluation surpluses12 | - | - | - | - | €2.23M | - |
| Reserves13 | €546k | €523k | €311k | €311k | €311k | = |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | €539k | €516k | €305k | €305k | €305k | = |
| Profit (loss) carried forward14 | €0 | €0 | - | €-77k | €-344k | ▼ 348% |
| Amounts payable17/49 | €41k | €148k | €2.91M | €3.69M | €3.91M | ▲ 6.1% |
| Amounts payable after more than one year17 | - | - | - | €2.05M | €2k | ▼ 99.9% |
| Financial debts170/4 | - | - | - | €2.05M | - | - |
| Other amounts payable178/9 | - | - | - | €2k | €2k | = |
| Amounts payable within one year42/48 | €41k | €148k | €2.91M | €1.57M | €3.87M | ▲ 146% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €2.05M | - |
| Financial debts43 | - | - | €2.05M | - | - | - |
| Credit institutions430/8 | - | - | €2.05M | - | - | - |
| Trade debts44 | €10k | €48k | €3k | €165k | €61k | ▼ 63.0% |
| Suppliers440/4 | €10k | €48k | €3k | €165k | €61k | ▼ 63.0% |
| Taxes, remuneration and social security45 | €3 | €0 | €32k | €2k | €2k | ▼ 18.6% |
| Taxes450/3 | €3 | €0 | €32k | €2k | €2k | ▼ 18.6% |
| Other amounts payable47/48 | €30k | €100k | €819k | €1.40M | €1.76M | ▲ 25.6% |
| Accrued charges and deferred income492/3 | - | - | €3k | €68k | €36k | ▼ 46.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30k | €-23k | €-211k | €-77k | €-267k | ▼ 248% |
| + Depreciation and write-downs630 | €28k | €28k | €28k | €85k | €127k | ▲ 49.2% |
| Operating cash flow (approximation) | €58k | €5k | €-183k | €9k | €-140k | ▼ 1,739% |
| Investment in fixed assets (approximation) | - | €-101k | €-2.59M | €-768k | €-2.21M | ▼ 188% |
| Change in cash | - | €16k | €-7k | €18k | €44k | ▲ 150% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 23 days late
13-01
State Gazette act
Restructuring · End & cessationMerger · Accounting effect · Real estate9 facts ▸
State Gazette act
Restructuring · End & cessation
Merger · Accounting effect · Real estate9 facts ▸
- General meeting, 01-12-2025
- Merger, 01-12-2025
- Accounting effect, 01-12-2025
- Real estate, Gebouwencomplex met grond en aanhorigheden te Lebbeke, Brusselsesteenweg 142, omvattende onder meer het handelspand H001 en appartementen A.101 t/m A.104, kadas…
- Dissolution, 01-12-2025
- Merger proposal, 30-09-2025
- Merger proposal filing, 17-10-2025
- Merger proposal publication, 27-10-2025
- Board authorisation, uitvoering van de genomen beslissingen en vernietiging van het aandelenregister
2025
01-12
Financial
Weakest financial yearnet €-267k
Net result drops to €-267k, the lowest in the series.
01-12
Financial
Equity above €2MEq €2.26M ▲661%
Equity rises from €297k to €2.26M.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:FORUM ESTATES