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 49 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMGEST from Waregem, company number BE0417750888, closed financial year 2025 with a result of € 406,454 after tax. For that financial year IMGEST recorded a gross margin of € 815,824 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € -845,187 to € 406,454. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 2.6 million
▲ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 406,454
▲ still € 845,187 loss in 2024
Profit after tax over the fiscal year.
€ 345,540
▲ € 296,556 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 684,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 716
▼ 77% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 360,000
▼ 45% vs 2024
Loans from banks and other lenders, long and short.
€ 59,824
▲ 13% 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 | |
|---|---|---|---|---|---|
| Gross margin | € 504,735 | € 453,605 | € 718,791 | € 815,824 | ▲ 13% |
| Profit after taxes | € 63,191 | € 285,073 | € -845,187 | € 406,454 | ▲ € 1.3 million |
| Equity | € 3,141,897 | € 3,266,970 | € 2,221,783 | € 2,614,898 | ▲ 18% |
| Total debts | € 446,796 | € 493,510 | € 810,375 | € 1,155,643 | ▲ 43% |
| Cash | € 225,739 | € 66,658 | € 48,985 | € 345,540 | ▲ € 296,556 |
| Land & buildings | € 1,939,203 | € 1,813,898 | € 2,945,787 | € 3,491,142 | ▲ 19% |
| Retained profit | € 2,991,897 | € 3,116,970 | € 2,071,783 | € 1,794,237 | ▼ 13% |
| Dividend | € 160,000 | € 160,000 | € 200,000 | € 684,000 | ▲ 242% |
| Bank debt | € 360,000 | € 360,000 | € 660,000 | € 360,000 | ▼ 45% |
| Balance sheet total | € 3,783,266 | € 3,934,828 | € 3,186,281 | € 3,904,439 | ▲ 23% |
Key figures of IMGEST, 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 IMGEST?
What happened at IMGEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 406,454. Source: NBB ↗
- Marc Vandecandelaere became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 63,191 profit in 2022 to € 406,454 profit in 2025.
Paid € 532,123 in corporate taxes since 2022.
Best year ever: 2025, with € 406,454 profit.
Paid out € 1.2 million in dividends to the owners in total.
Management
Behind IMGEST is Marc Vandecandelaere.
Directors
According to the 2025 annual accounts
Marc Vandecandelaere
Managing director
since 2005
Establishments
Establishment units
Physical locations of this company
Stormestraat 65 box 41
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0417.750.888
- VAT number
- BE 0417.750.888
- Registered office
- Stormestraat 65 bus 41, 8790 Waregem
- Names & denominations
- IMGEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 1977
- Peppol
- Active · Active since 10 Nov 2025