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 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IMAPED from Ukkel, company number BE0699959027, closed financial year 2025 with a result of € 222,474 after tax. For that financial year IMAPED recorded a gross margin of € 435,703 and equity of € 18,600. Compared with financial year 2024, the result moved from € 307,935 to € 222,474. The company is profitable. The buffer shrank hard: equity is 71 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 31, 2026.
€ 18,600
▼ 71% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 222,474
▼ 28% vs 2024
Profit after tax over the fiscal year.
€ 129,946
▲ 65% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 267,528 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 99,602
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 248,739
▼ 28% vs 2024
€ 100,860 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 6,716
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 31,175
▼ 51% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 404,173 | € 523,360 | € 541,868 | € 435,703 | ▼ 20% |
| Profit after taxes | € 224,386 | € 310,233 | € 307,935 | € 222,474 | ▼ 28% |
| Equity | € 236,192 | € 63,653 | € 63,653 | € 18,600 | ▼ 71% |
| Total debts | € 721,399 | € 894,061 | € 733,922 | € 650,112 | ▼ 11% |
| Cash | € 64,674 | € 108,332 | € 78,946 | € 129,946 | ▲ 65% |
| Retained profit | € 217,592 | € 45,053 | € 45,053 | € 0 | ▼ 100% |
| Dividend | € 224,386 | € 482,771 | € 307,935 | € 267,528 | ▼ 13% |
| Bank debt | € 383,044 | € 370,212 | € 346,924 | € 248,739 | ▼ 28% |
| Balance sheet total | € 957,591 | € 957,715 | € 797,575 | € 668,712 | ▼ 16% |
Key figures of IMAPED, 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 IMAPED?
What happened at IMAPED in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 222,474 (▼ 28% vs 2024). Source: NBB ↗
- New establishment in Oudergem. KBO
- New establishment in Ukkel. KBO
- New establishment in Ukkel. KBO
- Start of the company according to the CBE. KBO
- Carole Olive became a director. NBB
- Massoud Moradi became a director. NBB
In short
From € 224,386 profit in 2022 to € 222,474 profit in 2025.
Paid € 356,242 in corporate taxes since 2022.
Best year ever: 2023, with € 310,233 profit.
Paid out € 1.3 million in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind IMAPED are Carole Olive and Massoud Moradi.
Directors
According to the 2025 annual accounts
Carole Olive
Administrator-manager
since 2018
Massoud Moradi
Administrator-manager
since 2018
Establishments
Establishment units
Physical locations of this company
Blücherlaan 195
1180 Ukkel
Triomflaan 201
1160 Oudergem
Active since 16 July 2018
Edith Cavellstraat 32
1180 Ukkel
Active since 16 July 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0699.959.027
- VAT number
- BE 0699.959.027
- Registered office
- Blücherlaan 195, 1180 Ukkel
- Names & denominations
- IMAPED
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 2018
- Peppol
- Active · Active since 22 Apr 2026
- Activities · NACE
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