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 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMVADOS from Waasmunster, company number BE0460289447, closed financial year 2025 with a result of € -28,932 after tax. For that financial year IMVADOS recorded a gross margin of € 54,289 and equity of € 608,422. Compared with financial year 2024, the result moved from € 13,663 to € -28,932. 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 July 31, 2026.
€ 608,422
▼ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,932
▼ still € 13,663 profit in 2024
Profit after tax over the fiscal year.
€ 14,663
▲ 165% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 546,922.
People and assets in 2025
€ 5,120
▼ 8% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 652,483
▲ 20% vs 2024
€ 46,233 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 12,635
▲ 227% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 16,590 | € 60,261 | € 65,648 | € 54,289 | ▼ 17% |
| Profit after taxes | € -26,877 | € 3,911 | € 13,663 | € -28,932 | ▼ € 42,595 |
| Equity | € 619,781 | € 623,692 | € 637,354 | € 608,422 | ▼ 5% |
| Total debts | € 467,479 | € 441,377 | € 549,413 | € 671,306 | ▲ 22% |
| Cash | € 27,430 | € 13,384 | € 5,533 | € 14,663 | ▲ 165% |
| Land & buildings | € 1,271,879 | € 1,250,710 | € 1,370,788 | € 1,458,016 | ▲ 6% |
| Retained profit | € 558,281 | € 562,192 | € 575,854 | € 546,922 | ▼ 5% |
| Bank debt | € 466,111 | € 439,444 | € 545,074 | € 652,483 | ▲ 20% |
| Balance sheet total | € 1,312,145 | € 1,286,394 | € 1,395,124 | € 1,479,253 | ▲ 6% |
Key figures of IMVADOS, 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 IMVADOS?
What happened at IMVADOS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Herman Vander Eecken stepped down as director. NBB
- Geert Vander Eecken stepped down as director. NBB
- Yvonne Saelens stepped down as director. NBB
- Nick Vander Eecken stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 28,932 (▼ € 42,595 vs 2024). Source: NBB ↗
- Herman Vander Eecken became a director. NBB
- Geert Vander Eecken became a director. NBB
- Yvonne Saelens became a director. NBB
In short
From € 26,877 loss in 2022 to € 28,932 loss in 2025.
Paid € 40 in corporate taxes since 2022.
Best year ever: 2024, with € 13,663 profit.
Management
The stake of GEM 2be, ENCO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMVADOSThe shares are held by GEM 2be (50.2%) and ENCO (49.8%).
Directors
According to the 2025 annual accounts
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Molenstraat 42
9250 Waasmunster
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
- 0460.289.447
- VAT number
- BE 0460.289.447
- Registered office
- Molenstraat 42, 9250 Waasmunster
- Names & denominations
- IMVADOS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 March 1997
- Peppol
- Active · Active since 21 Oct 2026