Financials
Financial year 2025
IMAF from Herstal, company number BE0432648209, closed financial year 2025 with a result of € -8,757 after tax. For that financial year IMAF recorded a gross margin of € 72,976 and equity of € 443,658. Compared with financial year 2024, the result moved from € 2,249 to € -8,757. 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 May 12, 2026.
€ 443,658
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,757
▼ still € 2,249 profit in 2024
Profit after tax over the fiscal year.
€ 3,277
▼ 12% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 133,791.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,750
▼ 76% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 318
▼ 91% 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 | € 121,470 | € 74,351 | € 86,502 | € 72,976 | ▼ 16% |
| Profit after taxes | € 33,394 | € -12,296 | € 2,249 | € -8,757 | ▼ € 11,006 |
| Equity | € 462,462 | € 450,166 | € 452,415 | € 443,658 | ▼ 2% |
| Total debts | € 224,569 | € 130,430 | € 55,518 | € 12,068 | ▼ 78% |
| Cash | € 1,814 | € 1,281 | € 3,710 | € 3,277 | ▼ 12% |
| Land & buildings | € 423,933 | € 356,582 | € 289,231 | € 221,933 | ▼ 23% |
| Retained profit | € 152,595 | € 140,299 | € 142,548 | € 133,791 | ▼ 6% |
| Dividend | € 96,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 117,978 | € 18,000 | € 2,591 | € 0 | ▼ 100% |
| Balance sheet total | € 708,285 | € 597,595 | € 520,678 | € 464,217 | ▼ 11% |
Key figures of IMAF, 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 May 2027.
What happened to IMAF?
What happened at IMAF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Fabrice Pelzer stepped down as director. NBB
- 3P Concept SRL stepped down as director. NBB
- Pascal Pelzer stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 8,757 (▼ € 11,006 vs 2024). Source: NBB ↗
- Fabrice Pelzer became a director. NBB
- 3P Concept SRL became a director. NBB
- Pascal Pelzer became a director. NBB
- New establishment in Herstal. KBO
In short
From € 33,394 profit in 2022 to € 8,757 loss in 2025.
Paid € 8,386 in corporate taxes since 2022.
Best year ever: 2022, with € 33,394 profit.
Paid out € 96,000 in dividends to the owners in total.
Management
The stake of 3P CONCEPT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMAFThe shares are held by 3P CONCEPT (100%). It owns 0.8% of METAUX EMBOUTIS S.A. itself.
Directors
According to the 2025 annual accounts
Fabrice Pelzer
Director
since 2020 · until 2026
Managing director · represented by Pelzer Grégory
since 2020 · until 2026
since 2020 · until 2026
Shareholders
100%
Participations
0.8%
Establishments
Establishment units
Physical locations of this company
En Haute Marexhe 176
4040 Herstal
En Haute Marexhe 182
4040 Herstal
Active since 8 January 1988
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
- 0432.648.209
- VAT number
- BE 0432.648.209
- Registered office
- En Haute Marexhe 176, 4040 Herstal
- Names & denominations
- IMAF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1987
- Peppol
- Active · Active since 5 Nov 2025
- Activities · NACE
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