Financials
Financial year 2025
IMTEC from Waregem, company number BE0430594381, closed financial year 2025 with a result of € 42,868 after tax. For that financial year IMTEC recorded a gross margin of € 1.1 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € -22,970 to € 42,868. 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 16, 2026.
€ 2.1 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 42,868
▲ still € 22,970 loss in 2024
Profit after tax over the fiscal year.
€ 92,155
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -91,355.
People and assets in 2025
9.8
▼ 2.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 615,516
▼ 22% vs 2024
€ 62,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 37,612
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▼ 21% vs 2024
€ 233,652 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 363,700
▼ 30% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 40,244
▼ 53% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 985,977 | € 948,513 | € 1,272,253 | € 1,066,328 | ▼ 16% |
| Profit after taxes | € -166,635 | € -143,401 | € -22,970 | € 42,868 | ▲ € 65,839 |
| Equity | € 1,732,148 | € 1,588,747 | € 2,065,777 | € 2,108,645 | ▲ 2% |
| Total debts | € 3,654,105 | € 3,613,976 | € 2,509,607 | € 1,907,310 | ▼ 24% |
| Cash | € 351,701 | € 308,839 | € 220,418 | € 92,155 | ▼ 58% |
| Retained profit | € 32,148 | € -111,253 | € -134,223 | € -91,355 | ▲ € 42,868 |
| Bank debt | € 1,856,259 | € 1,612,720 | € 1,902,398 | € 1,495,332 | ▼ 21% |
| Balance sheet total | € 5,386,253 | € 5,202,723 | € 4,575,384 | € 4,015,955 | ▼ 12% |
| Employees (FTE) | 10.5 | 11.4 | 12.3 | 9.8 | ▼ 2.5 |
Key figures of IMTEC, 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 IMTEC?
What happened at IMTEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 42,868. Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 166,635 loss in 2022 to € 42,868 profit in 2025.
Paid € 3,412 in corporate taxes since 2022.
Best year ever: 2025, with € 42,868 profit.
On average € 108,800 of value added per employee in 2025.
Management
The stake of WHITEFIELD, TEKNIK, Sonalex comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMTECBehind IMTEC are Stefaan Vanassche, Sophie Demeulenaere and Yves Demeulenaere. The shares are held by WHITEFIELD (50%), TEKNIK (25%) and Sonalex (25%). It owns 50% of QGD BV itself.
Directors
According to the 2025 annual accounts
Stefaan Vanassche
Managing director
Also active at: FPS - Multiproducts, SALES PROMOTION INTERNATIONAL, STOCKPLASTICS - VORMSPUITWERK, QGD, JuuNoo, R159
Sophie Demeulenaere
Managing director
Also active at: DE VLAAMSE WATERWEG, Demeco, Sonalex, WAREGEMSE TEXTIEL CLUB, Waregem Sport, ALFA TAPIJTFABRIEK, ORANGEFIELD, FPS - Multiproducts
Yves Demeulenaere
Managing director
Also active at: Demeco, Sonalex, WAREGEMSE TEXTIEL CLUB, ALFA TAPIJTFABRIEK, ORANGEFIELD, FPS - Multiproducts, STOCKPLASTICS - VORMSPUITWERK, TEKNIK +3 more
Shareholders
Participations
50%
Establishments
Establishment units
Physical locations of this company
Barrage 101
8793 Waregem
Lindestraat 96
8790 Waregem
Active since 1 January 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0430.594.381
- VAT number
- BE 0430.594.381
- Registered office
- Barrage 101, 8793 Waregem
- Names & denominations
- IMTEC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 March 1987
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
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