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 51 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMVERGO from Izegem, company number BE0438673788, closed financial year 2025 with a result of € 456,382 after tax. For that financial year IMVERGO recorded a gross margin of € 1.2 million and equity of € 6.2 million. Compared with financial year 2024, the result moved from € 572,393 to € 456,382. The company is profitable. 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 31, 2026.
€ 6.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 456,382
▼ 20% vs 2024
Profit after tax over the fiscal year.
€ 269,594
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 450,000 paid out
99 % of the profit went to the shareholders, mostly to TRANSA/ASP (100 % of the shares). That is where the money ends up.
People and assets in 2025
€ 70,959
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 190,154
▼ 62% vs 2024
€ 157,045 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 36,333
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,792
▼ 39% 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 | € 1,157,521 | € 1,337,456 | € 1,397,342 | € 1,216,430 | ▼ 13% |
| Profit after taxes | € 283,953 | € 439,433 | € 572,393 | € 456,382 | ▼ 20% |
| Equity | € 5,895,625 | € 6,085,058 | € 6,217,451 | € 6,223,833 | |
| Total debts | € 3,119,611 | € 2,875,556 | € 2,552,421 | € 2,061,059 | ▼ 19% |
| Cash | € 342,140 | € 433,620 | € 273,006 | € 269,594 | ▼ 1% |
| Land & buildings | € 8,376,226 | € 7,914,708 | € 7,521,926 | € 7,259,968 | ▼ 3% |
| Retained profit | € 4,533,625 | € 4,723,058 | € 4,855,451 | € 4,861,833 | |
| Dividend | € 200,000 | € 250,000 | € 440,000 | € 450,000 | ▲ 2% |
| Bank debt | € 1,373,716 | € 913,755 | € 502,088 | € 190,154 | ▼ 62% |
| Balance sheet total | € 9,015,236 | € 8,960,613 | € 8,769,873 | € 8,284,892 | ▼ 6% |
Key figures of IMVERGO, 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 IMVERGO?
What happened at IMVERGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 456,382 (▼ 20% vs 2024). Source: NBB ↗
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 283,953 profit in 2022 to € 456,382 profit in 2025.
Paid € 564,517 in corporate taxes since 2022.
Best year ever: 2024, with € 572,393 profit.
Paid out € 1.3 million in dividends to the owners in total.
Management
The stake of TRANSA/ASP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMVERGOBehind IMVERGO is TRANSA/ASP BV. The shares are held by TRANSA/ASP (100%).
Directors
According to the 2025 annual accounts
Director · represented by Thierry VERSTRAETE
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lodewijk de Raetlaan 19
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0438.673.788
- VAT number
- BE 0438.673.788
- Registered office
- Lodewijk de Raetlaan 19, 8870 Izegem
- Names & denominations
- IMVERGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 October 1989
- Peppol
- Active · Active since 17 Jul 2026
- Activities · NACE
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