Financials
Financial year 2025
IM & CO PROJECTS from Ingelmunster, company number BE0678826982, closed financial year 2025 with a result of € 25,767 after tax. For that financial year IM & CO PROJECTS recorded a gross margin of € 51,354 and equity of € 76,904. Compared with financial year 2024, the result moved from € 22,240 to € 25,767. Profitable, and profit is growing. 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 December 15, 2025.
€ 76,904
▲ 50% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,767
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 1
▼ € 225 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 € 75,904.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 22,763
€ 8,105 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 19,260
▲ 221% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,888
▲ 60% 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 | € 20,067 | € 10,176 | € 35,004 | € 51,354 | ▲ 47% |
| Profit after taxes | € 5,221 | € -4,825 | € 22,240 | € 25,767 | ▲ 16% |
| Equity | € 39,721 | € 34,897 | € 51,137 | € 76,904 | ▲ 50% |
| Total debts | € 49,884 | € 96,120 | € 24,666 | € 61,566 | ▲ 150% |
| Cash | € 2,203 | € 1,935 | € 226 | € 1 | ▼ € 225 |
| Retained profit | € 38,721 | € 33,897 | € 50,137 | € 75,904 | ▲ 51% |
| Dividend | € 0 | € 0 | € 6,000 | € 0 | ▼ 100% |
| Bank debt | € 15,455 | € 7,095 | € 0 | € 22,763 | |
| Balance sheet total | € 89,605 | € 131,017 | € 75,803 | € 138,470 | ▲ 83% |
Key figures of IM & CO PROJECTS, 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 January 2027.
What happened to IM & CO PROJECTS?
What happened at IM & CO PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 25,767 (▲ 16% vs 2024). Source: NBB ↗
- New establishment in Ingelmunster. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,221 profit in 2022 to € 25,767 profit in 2025.
Paid € 33,827 in corporate taxes since 2022.
Best year ever: 2025, with € 25,767 profit.
Paid out € 6,000 in dividends to the owners in total.
Management
Behind IM & CO PROJECTS is Ilya Michelet.
Directors
According to the 2025 annual accounts
Ilya Michelet
Director
Establishments
Establishment units
Physical locations of this company
Bruggestraat 269 box B
8770 Ingelmunster
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
- 0678.826.982
- VAT number
- BE 0678.826.982
- Registered office
- Bruggestraat 269 bus B, 8770 Ingelmunster
- Names & denominations
- IM & CO PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2017
- Peppol
- Active · Active since 29 Mar 2025
- Activities · NACE
Schrijnwerk
Installatie van isolatie
Isolatiewerkzaamheden