Financials
Financial year 2025
IMAV from Nieuwpoort, company number BE0434689662, closed financial year 2025 with a result of € 7,192 after tax. For that financial year IMAV recorded a gross margin of € 34,345 and equity of € 196,279. Compared with financial year 2024, the result moved from € 6,634 to € 7,192. 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 July 10, 2026.
€ 196,279
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,192
▲ 8% vs 2024
Profit after tax over the fiscal year.
€ 67,368
▲ 63% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4,000 paid out
56 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 921
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 26,800
Loans from banks and other lenders, long and short.
€ 5,618
▲ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,029
▲ 20% 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 | € 29,717 | € 30,283 | € 31,372 | € 34,345 | ▲ 9% |
| Profit after taxes | € 11,112 | € 9,691 | € 6,634 | € 7,192 | ▲ 8% |
| Equity | € 179,102 | € 184,794 | € 194,308 | € 196,279 | ▲ 1% |
| Total debts | € 29,353 | € 43,686 | € 42,039 | € 46,493 | ▲ 11% |
| Cash | € 88,354 | € 5,833 | € 41,452 | € 67,368 | ▲ 63% |
| Land & buildings | € 108,026 | € 100,241 | € 92,456 | € 84,671 | ▼ 8% |
| Retained profit | € 59,529 | € 65,220 | € 67,855 | € 71,047 | ▲ 5% |
| Dividend | € 4,000 | € 4,000 | € 4,000 | € 4,000 | |
| Bank debt | € 19,000 | € 26,800 | € 26,800 | € 26,800 | |
| Balance sheet total | € 208,456 | € 228,480 | € 238,640 | € 244,659 | ▲ 3% |
Key figures of IMAV, 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 IMAV?
What happened at IMAV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,192 (▲ 8% vs 2024). Source: NBB ↗
- Daniel Masschelein became a director. NBB
- New establishment in Nieuwpoort. KBO
- Lieve Vandecandelaere became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 11,112 profit in 2022 to € 7,192 profit in 2025.
Paid € 8,657 in corporate taxes since 2022.
Best year ever: 2022, with € 11,112 profit.
Paid out € 16,000 in dividends to the owners in total.
Management
Behind IMAV are Daniel Masschelein and Lieve Vandecandelaere.
Directors
According to the 2025 annual accounts
Daniel Masschelein
Director
since 2023
Lieve Vandecandelaere
Managing director
since 1988
Establishments
Establishment units
Physical locations of this company
Franslaan 93 box 301
8620 Nieuwpoort
Franslaan 93 box 8
8620 Nieuwpoort
Active since 18 July 1988
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.689.662
- VAT number
- BE 0434.689.662
- Registered office
- Franslaan 93 bus 301, 8620 Nieuwpoort
- Names & denominations
- IMAV
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 June 1988
- Peppol
- Active · Active since 12 Mar 2025
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