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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMGO from Pajottegem, company number BE0429269540, closed financial year 2025 with a result of € -29,195 after tax. For that financial year IMGO recorded revenue of € 234,917 and equity of € 1 million. Compared with financial year 2024, the result moved from € 1 million to € -29,195. 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 9, 2026.
€ 1 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,195
▼ still € 1 million profit in 2024
Profit after tax over the fiscal year.
€ 150,639
▼ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 226,161.
Debts at end 2025
€ 411,898
▼ 11% vs 2024
€ 51,714 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 4,986
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 333,881 | € 291,948 | € 150,887 | € 234,917 | ▲ 56% |
| Gross margin | € 224,590 | € 142,216 | € 1,518,405 | € 119,785 | ▼ 92% |
| Profit after taxes | € 119 | € -66,275 | € 1,037,123 | € -29,195 | ▼ € 1.1 million |
| Equity | € 667,572 | € 601,297 | € 1,074,472 | € 1,045,278 | ▼ 3% |
| Total debts | € 2,361,428 | € 2,512,010 | € 1,881,766 | € 1,513,568 | ▼ 20% |
| Cash | € 19,901 | € 169,940 | € 436,347 | € 150,639 | ▼ 65% |
| Land & buildings | € 2,621,688 | € 2,541,803 | € 2,111,839 | € 1,988,181 | ▼ 6% |
| Retained profit | € -715,493 | € -781,768 | € 255,355 | € 226,161 | ▼ 11% |
| Bank debt | € 564,526 | € 514,053 | € 463,182 | € 411,898 | ▼ 11% |
| Balance sheet total | € 3,239,510 | € 3,306,863 | € 3,145,815 | € 2,744,444 | ▼ 13% |
Key figures of IMGO, 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 IMGO?
What happened at IMGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 29,195 (▼ € 1.1 million vs 2024). Source: NBB ↗
- SIER stepped down as director. NBB
- SADY INVEST stepped down as director. NBB
- MARIE JEANNE EVENS stepped down as director. NBB
- SIER became a director. NBB
- SADY INVEST became a director. NBB
- MARIE JEANNE EVENS became a director. NBB
- New establishment in Pajottegem. KBO
In short
From € 119 profit in 2022 to € 29,195 loss in 2025.
Paid € 265,261 in corporate taxes since 2022.
Best year ever: 2024, with € 1 million profit.
Management
It owns 80.9% of SUNTRANS NV and 19% of EUFRECO INTERNATIONAL itself.
Directors
According to the 2025 annual accounts
since 2018 · until 2024
since 2018 · until 2024
since 2018 · until 2024
Establishments
Establishment units
Physical locations of this company
Ninoofse Steenweg 27
1755 Pajottegem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.269.540
- VAT number
- BE 0429.269.540
- Registered office
- Ninoofse Steenweg 27, 1755 Pajottegem
- Names & denominations
- IMGO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 July 1986
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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