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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMMAN L4 from Menen, company number BE0461473441, closed financial year 2025 with a result of € -22,221 after tax. For that financial year IMMAN L4 recorded a gross margin of € 43,494 and equity of € 7.1 million. Compared with financial year 2024, the result moved from € -103,595 to € -22,221. The company made a loss. 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 7, 2026.
€ 7.1 million
▲ 234% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,221
▲ 79 % less loss than in 2024
Profit after tax over the fiscal year.
€ 35,976
▲ € 28,188 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -569,175.
Debts at end 2025
€ 575,043
▼ 77% vs 2024
€ 78,020 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 4,366
▲ 39% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 15,092 | € 43,365 | € 8,959 | € 43,494 | ▲ € 34,534 |
| Profit after taxes | € -133,293 | € -61,055 | € -103,595 | € -22,221 | ▲ € 81,374 |
| Equity | € 2,292,695 | € 2,231,641 | € 2,128,046 | € 7,102,757 | ▲ 234% |
| Total debts | € 2,578,726 | € 2,670,667 | € 2,733,939 | € 615,867 | ▼ 77% |
| Cash | € 17,225 | € 48,112 | € 7,788 | € 35,976 | ▲ € 28,188 |
| Land & buildings | € 320,736 | € 320,736 | € 320,736 | € 320,736 | |
| Retained profit | € -382,305 | € -443,359 | € -546,954 | € -569,175 | ▼ € 22,221 |
| Bank debt | € 2,547,484 | € 2,484,503 | € 2,503,198 | € 575,043 | ▼ 77% |
| Balance sheet total | € 4,871,422 | € 4,902,308 | € 4,861,985 | € 7,718,624 | ▲ 59% |
Key figures of IMMAN L4, 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 IMMAN L4?
What happened at IMMAN L4 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,221. Source: NBB ↗
- VCP GP BV became a director. NBB
- Vybros Capital Partners BV became a director. NBB
- Vybros NV stepped down as director. NBB
- Vybros Invest BV stepped down as director. NBB
- Vytech Group NV became a director. NBB
- Vybros NV became a director. NBB
- Vybros Invest BV became a director. NBB
In short
From € 133,293 loss in 2022 to € 22,221 loss in 2025.
Management
The stake of VYTECH GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMMAN L4Behind IMMAN L4 are VCP GP BV, Vytech Group NV and Vybros Capital Partners BV. The shares are held by VYTECH GROUP (100%). It owns 100% of Vytech Menen itself.
Directors
According to the 2025 annual accounts
Director · represented by Kristof Dockers
Also active at: LUDO, KONTRIMO, OBEN RENTING EN SERVICE, LAMBRECHTS KONSTRUKTIE, ALLE BOUW MACHINES, BELFI, Oben Building Machines, VYTECH MENEN +42 more
since 2025
Director · represented by Bart Dhaene
Also active at: VERMA ENGINEERING, VYTECH MENEN, VYTECH DUFFEL, VISCON GROUP BE, SUBMENTUM, VISCON BE, Vytim, VYKROME IMMO +6 more
since 2022
Director · represented by Stijn Nauts
Also active at: LUDO, JAGA, VERMA ENGINEERING, ALLE BOUW MACHINES, VYTECH MENEN, VYTECH DUFFEL, INTERMAT, VISCON GROUP BE +24 more
since 2025
Director · represented by Guy Vande Vyvere
Also active at: Vybros Real Estate, VYTECH MENEN, VYTECH DUFFEL, Maes Inox, Vybros Invest, Vyman, Vinsurance, Vydraulics +12 more
since 2022 · until 2025
Director · represented by Stijn Nauts
Also active at: LUDO, Antwerp Warehousing Investment, LAMBRECHTS KONSTRUKTIE, BELFI, VYTECH MENEN, VYTECH DUFFEL, Maes Inox, BOSSUYT GROOTKEUKEN +20 more
since 2022 · until 2025
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Krommebeekstraat 15
8930 Menen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0461.473.441
- VAT number
- BE 0461.473.441
- Registered office
- Krommebeekstraat 15, 8930 Menen
- Names & denominations
- IMMAN L4
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 September 1997
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- vytech.be