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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Imstad from Kortrijk, company number BE0412612066, closed financial year 2025 with a result of € -106,254 after tax. For that financial year Imstad recorded a gross margin of € -2,629 and equity of € 8.1 million. Compared with financial year 2024, the result moved from € -85,929 to € -106,254. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 8.1 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -106,254
▼ 24 % more loss than in 2024
Profit after tax over the fiscal year.
€ 154,686
▲ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 3.4 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 6,964
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 312,857 | € 16 | € -233 | € -2,629 | ▼ € 2,395 |
| Profit after taxes | € 45,076 | € -2,470,017 | € -85,929 | € -106,254 | ▼ € 20,325 |
| Equity | € 10,763,825 | € 8,293,807 | € 8,207,878 | € 8,101,624 | ▼ 1% |
| Total debts | € 1,127,944 | € 799,325 | € 868,479 | € 856,917 | ▼ 1% |
| Cash | € 111,875 | € 51,937 | € 85,245 | € 154,686 | ▲ 81% |
| Retained profit | € 6,038,825 | € 3,568,807 | € 3,482,878 | € 3,376,624 | ▼ 3% |
| Dividend | € 700,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 808,864 | € 8,595 | € 0 | € 0 | |
| Balance sheet total | € 11,891,768 | € 9,093,133 | € 9,076,358 | € 8,958,541 | ▼ 1% |
Key figures of Imstad, 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 Imstad?
What happened at Imstad in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FINASTAD NV stepped down as director. NBB
- STAPRO NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 106,254. Source: NBB ↗
- FINASTAD NV became a director. NBB
- STAPRO NV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 45,076 profit in 2022 to € 106,254 loss in 2025.
Paid € 44,198 in corporate taxes since 2022.
Best year ever: 2022, with € 45,076 profit.
Paid out € 700,000 in dividends to the owners in total.
Management
The stake of Finastad comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ImstadThe shares are held by Finastad (60%).
Directors
According to the 2025 annual accounts
Chairman of the board · represented by Laurence Despriet
Also active at: KUSTSTADBOUWBEDRIJF, TOPAZE, DUINENVELD, JAN TURPIN CONSTRUCT, JAN TURPIN INVEST, WESTKUST BUILDING
since 2024 · until 2030
Director · represented by Patricia Schautteet
Also active at: KUSTSTADBOUWBEDRIJF, TOPAZE, DUINENVELD, VILLA FRANCINE, AROES, FUGAVE, JAN TURPIN CONSTRUCT, VESTA ONE +3 more
since 2024 · until 2030
Shareholders
60%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Houtmarkt 9A
8500 Kortrijk
Houtmarkt 9 box A
8500 Kortrijk
Active since 1 May 1973
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.612.066
- VAT number
- BE 0412.612.066
- Registered office
- Houtmarkt 9A, 8500 Kortrijk
- Names & denominations
- Imstad
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 August 1972
- Peppol
- Active · Active since 24 Nov 2025