Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
IMDECO from Harelbeke, company number BE0405403283, closed financial year 2025 with a result of € 1.4 million after tax. Compared with financial year 2024, the result moved from € 1.6 million to € 1.4 million. The company is profitable. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 2.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.4 million
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 11,195
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.4 million paid out
100 % of the profit went to the shareholders, mostly to L2D (100 % of the shares). That is where the money ends up.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 9,699
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 46 days on average.
€ 574,074
▲ 19% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 1,866,369 | € 1,237,339 | € 1,564,727 | € 1,427,238 | ▼ 9% |
| Equity | € 6,294,497 | € 6,289,089 | € 2,339,179 | € 2,333,770 | |
| Total debts | € 2,272,122 | € 2,552,561 | € 6,805,521 | € 4,802,437 | ▼ 29% |
| Cash | € 7,554 | € 5,644 | € 10,718 | € 11,195 | ▲ 4% |
| Land & buildings | € 5,018,712 | € 4,744,000 | € 4,435,626 | € 5,920,850 | ▲ 33% |
| Retained profit | € 4,276,844 | € 4,271,435 | € 321,525 | € 316,116 | ▼ 2% |
| Dividend | € 1,871,778 | € 1,242,748 | € 5,514,637 | € 1,432,647 | ▼ 74% |
| Bank debt | € 0 | € 0 | € 500,000 | € 0 | ▼ 100% |
| Balance sheet total | € 9,138,569 | € 9,362,171 | € 9,613,793 | € 7,553,872 | ▼ 21% |
Key figures of IMDECO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to IMDECO?
What happened at IMDECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ZENDICS BV stepped down as director. NBB
- L2D stepped down as director. NBB
- WHITEOUT VENTURES BV stepped down as director. NBB
- Edward Colle stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.4 million (▼ 9% vs 2024). Source: NBB ↗
- ASCENDIMUS COMMV became a director. NBB
- Luc Blommaert stepped down as director. NBB
- DE BOE LODE BV stepped down as director. NBB
In short
From € 1.9 million profit in 2022 to € 1.4 million profit in 2025.
Paid € 2.4 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.9 million profit.
Paid out € 10.1 million in dividends to the owners in total.
Management
Behind IMDECO is ASCENDIMUS COMMV. The shares are held by L2D (100%). It owns 100% of FORCEFIL itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Olivier Decouttere
Also active at: Lano, LANO SPORTS
since 2025
since 2016 · until 2028
since 2025 · until 2025
Director · represented by Michael Finelli
Also active at: Lano, LANO SPORTS, L2D
since 2025 · until 2028
Aeneas Management Consultants FZCO
Director · represented by Luc Blommaert
Also active at: Lano, LANO SPORTS
since 2022 · until 2025
Director · represented by Willem De Vos
Also active at: CAMPINE, Lano, LANO SPORTS, GOVI PRODUCTION COMPANY, CAMPINE RECYCLING, L2D, PROTECTIVE PACKAGING SYSTEMS EUROPE
since 2022 · until 2028
Director · represented by Lode De Boe
Also active at: Lano, LANO SPORTS, L2D, STICOMAX
since 2022 · until 2025
since 2016 · until 2025
since 2024 · until 2028
Shareholders
100%
Participations
FORCEFIL
100%
Establishments
Establishment units
Physical locations of this company
Venetiëlaan 33
8530 Harelbeke
Zuidstraat 44
8530 Harelbeke
Active since 1 March 1959
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
DNS
Cloudflare DNS
Domain
Domain
lano.com
Registered
1996-10-13
Registrar
NameWeb BVBA
Expires
2026-10-12
Website info
Features
Security
Details
- Company number
- 0405.403.283
- VAT number
- BE 0405.403.283
- Registered office
- Venetiëlaan 33, 8530 Harelbeke
- Names & denominations
- IMDECO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 April 1959
- Peppol
- Active · Active since 18 Nov 2025
- Contact
- lano.com +32 (0)56 65 40 00
- Activities · NACE
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