Active · per the CBE, 29 October 2026

IMVARO

BE0420185192

Rechtspersoon Public limited company 1 establishment

IMVARO is a property company in Gent. Public Limited, started on 24 January 1980, 1 establishment.

Nieuwebosstraat 5, 9000 Gent

Behind the company: Stijn Decloedt, Caroline Vandenbroucke.

Active for

46 year, 9 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.

  • Busy address KBO

    14 other companies have their registered office at the same address; threshold 10.

  • Not on Peppol Peppol

    Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.

Financials

Financial year 2025

IMVARO from Gent, company number BE0420185192, closed financial year 2025 with a result of € -90,000 after tax. For that financial year IMVARO recorded a gross margin of € 76,339 and equity of € 632,586. Compared with financial year 2024, the result moved from € -16,620 to € -90,000. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.

What it is worth Healthy

€ 632,586

▼ 12% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -90,000

▼ 442 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,940

▼ 65% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 562,586.

Debts at end 2025

Bank debt ≈ 21 years to go

€ 2.1 million

▲ 111% vs 2024

€ 99,798 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.

Owed to suppliers

€ 18,961

▲ 122% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 8,932

▲ 54% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 94,536 € 519,239 € 78,513 € 76,339 ▼ 3%
Profit after taxes € -14,133 € 381,819 € -16,620 € -90,000 ▼ € 73,380
Equity € 357,388 € 739,207 € 722,587 € 632,586 ▼ 12%
Total debts € 2,083,750 € 1,593,841 € 1,277,483 € 2,868,014 ▲ 125%
Cash € 7,109 € 124,599 € 8,490 € 2,940 ▼ 65%
Land & buildings € 2,539,829 € 1,819,663 € 2,120,768 € 3,623,167 ▲ 71%
Retained profit € 287,388 € 669,207 € 652,587 € 562,586 ▼ 14%
Bank debt € 1,352,404 € 1,037,719 € 977,705 € 2,060,539 ▲ 111%
Balance sheet total € 2,547,961 € 2,486,967 € 2,151,870 € 3,649,506 ▲ 70%

Key figures of IMVARO, 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 IMVARO?

What happened at IMVARO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 90,000. filed late Source: NBB ↗
  • New establishment in Gent. KBO
  • Start of the company according to the CBE. KBO

In short

From € 14,133 loss in 2022 to € 90,000 loss in 2025.

Paid € 10,752 in corporate taxes since 2022.

Best year ever: 2023, with € 381,819 profit.

Management

The stake of DC INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

IMVARO

Behind IMVARO are Stijn Decloedt and Caroline Vandenbroucke. The shares are held by DC INVEST (50%).

Directors

According to the 2025 annual accounts

Stijn Decloedt

Managing director

Also active at: DECLOEDT ADVOCATEN, DC RE Invest

Caroline Vandenbroucke

Managing director

Also active at: Oude Etn. Vandenbroucke, TRAVARO, Dr. Caroline Vandenbroucke

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwebosstraat 5

9000 Gent

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0420.185.192
VAT number
BE 0420.185.192
Registered office
Nieuwebosstraat 5, 9000 Gent
Names & denominations
IMVARO
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
24 January 1980
Peppol
Not registered
Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Handel in eigen onroerend goed

Frequently asked questions

What does IMVARO do?
IMVARO is a property company in Gent. Public Limited, started on 24 January 1980, 1 establishment.
What is the address of IMVARO?
The registered office of IMVARO is located at Nieuwebosstraat 5, 9000 Gent.
Is IMVARO still active?
Yes. According to the CBE (29 October 2026) IMVARO is active, legal situation “Normale toestand”, started on 24 January 1980.
Is IMVARO registered on Peppol?
No, IMVARO is currently not registered on the Peppol network.
What is the enterprise number of IMVARO?
The enterprise number of IMVARO is BE0420185192.
When was IMVARO founded?
IMVARO was founded on 24 January 1980.