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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Figures corrected NBB
Corrected annual account filed for 2025.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
IMBAVER from Boortmeerbeek, company number BE0435325211, closed financial year 2025 with a result of € 10,967 after tax. For that financial year IMBAVER recorded a gross margin of € 19,017 and equity of € -544,414. Compared with financial year 2024, the result moved from € 8,252 to € 10,967. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 28, 2026.
€ -544,414
▲ € 10,967 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 10,967
▲ 33% vs 2024
Profit after tax over the fiscal year.
€ 19,933
▼ 18% 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 € -605,914.
Debts at end 2025
€ 682,985
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 889
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 17,519 | € 20,474 | € 17,357 | € 19,017 | ▲ 10% |
| Profit after taxes | € 9,312 | € 11,491 | € 8,252 | € 10,967 | ▲ 33% |
| Equity | € -575,123 | € -563,632 | € -555,380 | € -544,414 | ▲ € 10,967 |
| Total debts | € 746,863 | € 725,361 | € 702,751 | € 683,874 | ▼ 3% |
| Cash | € 38,637 | € 33,676 | € 24,368 | € 19,933 | ▼ 18% |
| Land & buildings | € 133,103 | € 128,053 | € 123,002 | € 119,527 | ▼ 3% |
| Retained profit | € -636,623 | € -625,132 | € -616,880 | € -605,914 | ▲ € 10,967 |
| Bank debt | € 746,718 | € 724,861 | € 701,791 | € 682,985 | ▼ 3% |
| Balance sheet total | € 171,740 | € 161,729 | € 147,370 | € 139,460 | ▼ 5% |
Key figures of IMBAVER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to IMBAVER?
What happened at IMBAVER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2025. Source: NBB ↗
- Kurt BAERT stepped down as director. NBB
- Michel BAERT stepped down as director. NBB
- Kurt BAERT became a director. NBB
- Michel BAERT became a director. NBB
- New establishment in Boortmeerbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,312 profit in 2022 to € 10,967 profit in 2025.
Best year ever: 2023, with € 11,491 profit.
Management
Directors
According to the 2025 annual accounts
Kurt BAERT
Director
since 2014 · until 2026
Michel BAERT
Managing director
Also active at: EcoWerf, Intergemeentelijk Milieubedrijf Oost-Brabant, AUTONOOM GEMEENTEBEDRIJF BOORTMEERBEEK
since 2014 · until 2026
Establishments
Establishment units
Physical locations of this company
Leuvensesteenweg 209
3190 Boortmeerbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.325.211
- VAT number
- BE 0435.325.211
- Registered office
- Leuvensesteenweg 209, 3190 Boortmeerbeek
- Names & denominations
- IMBAVER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 1988
- Peppol
- Not registered