What does IMODAVE do?

IMODAVE is a logistics company in Liège. Public Limited, started on 28 November 1989, 1 establishment.

What is the address of IMODAVE?

The registered office of IMODAVE is located at Boulevard de la Sauvenière 37, 4000 Liège.

Is IMODAVE still active?

Yes. According to the CBE (29 October 2026) IMODAVE is active, legal situation “Normale toestand”, started on 28 November 1989.

Is IMODAVE registered on Peppol?

Yes, IMODAVE is registered on the Peppol network with ID 0208:0439635078.

What is the enterprise number of IMODAVE?

The enterprise number of IMODAVE is BE0439635078.

When was IMODAVE founded?

IMODAVE was founded on 28 November 1989.

Who are the directors of IMODAVE?

According to the 2025 annual accounts, the directors of IMODAVE are: BENCHARL SRL, CHARL SRL.

Is IMODAVE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 November 1989; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did IMODAVE make in 2025?

IMODAVE posted a profit after taxes of € 829,912 in financial year 2025.

What is the revenue of IMODAVE?

As a small company, IMODAVE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,454,786.

How much does an employee at IMODAVE earn?

The average wage cost per full-time employee at IMODAVE was € 11,300 in 2025: staff costs of € 185,974 for 16.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does IMODAVE have?

According to the 2025 annual accounts, IMODAVE has 16.4 full-time equivalents (FTE).

IMODAVE (Public Limited) - Liège - BE0439635078

Dossier IMODAVE, printed on 29 October 2026 from databakkes.be/en/0439635078/imodave. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 4 of the last 4 fiscal years.
Tight liquidity NBB

Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

IMODAVE from Liège, company number BE0439635078, closed financial year 2025 with a result of € 829,912 after tax. For that financial year IMODAVE recorded a gross margin of € 1.5 million and equity of € -648,623. Compared with financial year 2024, the result moved from € 417,838 to € 829,912. 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 October 1, 2026.

What it is worth Caution

€ -648,623

▲ € 829,912 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 829,912

▲ 99% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 82,621

▲ 24% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -866,769.

People and assets in 2025

Full-time equivalents

16.4

▲ 1.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 185,974

▲ 5% vs 2024

€ 11,300 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.

Vehicles and equipment

€ 5,198

▼ 51% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 15 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 4.6 million

▼ 55% vs 2024

€ 10,721 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.

Owed to suppliers

€ 418,665

▼ 58% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 79,873

▼ 93% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ -224,106 Gross margin 2022: € -224,106 First fiscal year in the series	€ -110,399 Gross margin 2023: € -110,399 ▲ € 113,707 vs 2022 (€ -224,106) Favourable step	€ 1,193,968 Gross margin 2024: € 1,193,968 ▲ € 1.3 million vs 2023 (€ -110,399) Favourable step	€ 1,454,786 Gross margin 2025: € 1,454,786 ▲ 22% vs 2024 (€ 1,193,968) Favourable step	▲ 22%
Profit after taxes	€ -584,703 Profit after taxes 2022: € -584,703 First fiscal year in the series	€ -670,838 Profit after taxes 2023: € -670,838 ▼ € 86,134 vs 2022 (€ -584,703) Unfavourable step	€ 417,838 Profit after taxes 2024: € 417,838 ▲ € 1.1 million vs 2023 (€ -670,838) Favourable step	€ 829,912 Profit after taxes 2025: € 829,912 ▲ 99% vs 2024 (€ 417,838) Favourable step	▲ 99%
Equity	€ -1,225,535 Equity 2022: € -1,225,535 First fiscal year in the series	€ -1,896,373 Equity 2023: € -1,896,373 ▼ € 670,838 vs 2022 (€ -1,225,535) Unfavourable step	€ -1,478,535 Equity 2024: € -1,478,535 ▲ € 417,838 vs 2023 (€ -1,896,373) Favourable step	€ -648,623 Equity 2025: € -648,623 ▲ € 829,912 vs 2024 (€ -1,478,535) Favourable step	▲ € 829,912
Total debts	€ 13,107,359 Total debts 2022: € 13,107,359 First fiscal year in the series	€ 12,834,155 Total debts 2023: € 12,834,155 ▼ 2% vs 2022 (€ 13,107,359) Favourable step	€ 17,529,166 Total debts 2024: € 17,529,166 ▲ 37% vs 2023 (€ 12,834,155) Unfavourable step	€ 10,744,916 Total debts 2025: € 10,744,916 ▼ 39% vs 2024 (€ 17,529,166) Favourable step	▼ 39%
Cash	€ 729,691 Cash 2022: € 729,691 First fiscal year in the series	€ 189,095 Cash 2023: € 189,095 ▼ 74% vs 2022 (€ 729,691) Unfavourable step	€ 66,384 Cash 2024: € 66,384 ▼ 65% vs 2023 (€ 189,095) Unfavourable step	€ 82,621 Cash 2025: € 82,621 ▲ 24% vs 2024 (€ 66,384) Favourable step	▲ 24%
Land & buildings	€ 1,652,951 Land & buildings 2022: € 1,652,951 First fiscal year in the series	€ 1,556,415 Land & buildings 2023: € 1,556,415 ▼ 6% vs 2022 (€ 1,652,951) Unchanged	€ 712,299 Land & buildings 2024: € 712,299 ▼ 54% vs 2023 (€ 1,556,415) Unchanged	€ 630,604 Land & buildings 2025: € 630,604 ▼ 11% vs 2024 (€ 712,299) Unchanged	▼ 11%
Retained profit	€ -1,443,682 Retained profit 2022: € -1,443,682 First fiscal year in the series	€ -2,114,519 Retained profit 2023: € -2,114,519 ▼ € 670,838 vs 2022 (€ -1,443,682) Unfavourable step	€ -1,696,681 Retained profit 2024: € -1,696,681 ▲ € 417,838 vs 2023 (€ -2,114,519) Favourable step	€ -866,769 Retained profit 2025: € -866,769 ▲ € 829,912 vs 2024 (€ -1,696,681) Favourable step	▲ € 829,912
Bank debt	€ 6,045,991 Bank debt 2022: € 6,045,991 First fiscal year in the series	€ 7,842,816 Bank debt 2023: € 7,842,816 ▲ 30% vs 2022 (€ 6,045,991) Unfavourable step	€ 10,238,623 Bank debt 2024: € 10,238,623 ▲ 31% vs 2023 (€ 7,842,816) Unfavourable step	€ 4,560,715 Bank debt 2025: € 4,560,715 ▼ 55% vs 2024 (€ 10,238,623) Favourable step	▼ 55%
Balance sheet total	€ 11,881,823 Balance sheet total 2022: € 11,881,823 First fiscal year in the series	€ 10,937,782 Balance sheet total 2023: € 10,937,782 ▼ 8% vs 2022 (€ 11,881,823) Unchanged	€ 16,050,631 Balance sheet total 2024: € 16,050,631 ▲ 47% vs 2023 (€ 10,937,782) Unchanged	€ 10,096,294 Balance sheet total 2025: € 10,096,294 ▼ 37% vs 2024 (€ 16,050,631) Unchanged	▼ 37%
Employees (FTE)	3.3 Employees (FTE) 2022: 3.3 First fiscal year in the series	10.7 Employees (FTE) 2023: 10.7 ▲ 7.4 vs 2022 (3.3) Unchanged	14.8 Employees (FTE) 2024: 14.8 ▲ 4.1 vs 2023 (10.7) Unchanged	16.4 Employees (FTE) 2025: 16.4 ▲ 1.6 vs 2024 (14.8) Unchanged	▲ 1.6

Key figures of IMODAVE, 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 IMODAVE?

What happened at IMODAVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 1, 2026 New annual accounts for financial year 2025: profit of € 829,912 (▲ 99% vs 2024). filed late Source: NBB ↗
Jun 3, 2010 New establishment in Liège. KBO
Nov 28, 1989 Start of the company according to the CBE. KBO

In short

From € 584,703 loss in 2022 to € 829,912 profit in 2025.

Paid € 1,164 in corporate taxes since 2022.

Best year ever: 2025, with € 829,912 profit.

On average € 88,700 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

CHARL SRL 100%

IMODAVE

Behind IMODAVE are BENCHARL SRL and CHARL SRL. The shares are held by CHARL SRL (100%).

Directors

According to the 2025 annual accounts

BENCHARL SRL

Managing director · represented by Bernard DEHON

Also active at: CHARL, DEMINA, IMMO NOVA

CHARL SRL

Director · represented by Laurent MINGUET

Shareholders

CHARL SRL

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Boulevard de la Sauvenière 37

4000 Liège

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

CHARL same network

€ 569,215 gross margin · 2025

CHICK & CROWD same network

Start-Immo

€ 27,051 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0439.635.078

VAT number

BE 0439.635.078

Registered office

Boulevard de la Sauvenière 37, 4000 Liège

Names & denominations

IMODAVE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

28 November 1989

Peppol

Active · Active since 13 Nov 2025

Activities · NACE

Diensten in verband met vervoer te land

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

View on CBE Public ↗ Annual accounts (NBB) ↗

IMODAVE

Warning lights

Financials

What happened to IMODAVE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions