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 13 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
10 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IMM Développement from Waterloo, company number BE0829770365, closed financial year 2025 with a result of € 3 million after tax. For that financial year IMM Développement recorded a gross margin of € 16,225 and equity of € 13.9 million. Compared with financial year 2024, the result moved from € 1.9 million to € 3 million. 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 2, 2025.
€ 13.9 million
▲ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3 million
▲ 57% vs 2024
Profit after tax over the fiscal year.
€ 78,181
▲ € 69,456 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.5 million paid out
49 % of the profit went to the shareholders, mostly to CIM INVEST (100 % of the shares). That is where the money ends up.
Debts at end 2025
€ 5.4 million
▼ 24% vs 2024
Loans from banks and other lenders, long and short.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 471,376 | € 682,706 | € 233,163 | € 16,225 | ▼ 93% |
| Profit after taxes | € 351,709 | € 507,735 | € 1,910,801 | € 2,997,031 | ▲ 57% |
| Equity | € 11,122,080 | € 10,481,447 | € 12,392,249 | € 13,911,780 | ▲ 12% |
| Total debts | € 10,024,817 | € 10,550,601 | € 8,522,090 | € 7,233,793 | ▼ 15% |
| Cash | € 79,824 | € 465 | € 8,725 | € 78,181 | ▲ € 69,456 |
| Retained profit | € 10,122,080 | € 9,481,447 | € 11,392,249 | € 12,911,780 | ▲ 13% |
| Dividend | € 89,000 | € 1,148,367 | € 0 | € 1,477,500 | |
| Bank debt | € 8,511,000 | € 8,285,000 | € 7,062,633 | € 5,385,133 | ▼ 24% |
| Balance sheet total | € 21,146,896 | € 21,032,049 | € 20,914,338 | € 21,145,573 | ▲ 1% |
Key figures of IMM Développement, 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 IMM Développement?
What happened at IMM Développement in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- SYNGULARITY SA stepped down as director. NBB
- THIMEO SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3 million (▲ 57% vs 2024). Source: NBB ↗
- PONTE LUNGARNO SRL stepped down as director. NBB
- SYNGULARITY SA became a director. NBB
- THIMEO SRL became a director. NBB
- PONTE LUNGARNO SRL became a director. NBB
- New establishment in Schaarbeek. KBO
In short
From € 351,709 profit in 2022 to € 3 million profit in 2025.
Paid € 350,311 in corporate taxes since 2022.
Best year ever: 2025, with € 3 million profit.
Paid out € 2.7 million in dividends to the owners in total.
Management
The stake of CIM INVEST, SYNGULARITY comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IMM DéveloppementThe shares are held by CIM INVEST (100%) and SYNGULARITY (50%). It owns 100% of INTERNATIONAL MONTAGE MAINTENANCE itself.
Directors
According to the 2025 annual accounts
Director · represented by Christophe de MARCHANT et d'ANSEMBOURG
Also active at: TELE NAMUR, SF Company, CIM INVEST
since 2024 · until 2026
Managing director · represented by Eric RANDOUX
since 2020 · until 2026
Director · represented by Grégoire ENGLEBERT-DEVIGNE
since 2020 · until 2025
Shareholders
100%
50%
Participations
Establishments
Establishment units
Physical locations of this company
Drève Richelle 161 box 87
1410 Waterloo
de Jamblinne de Meuxplein 32
1030 Schaarbeek
Active since 1 October 2010
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 10 companies are registered at this address.
All companies at this address →BELAIRBUS
B- FINANCES
€ -13,888 gross margin · 2025
BATIMELEC
€ 15,076 gross margin · 2024
INTERNATIONAL MONTAGE MAINTENANCE same network
€ 11.5 million revenue · 2025
H.A.B.S.
€ -18,903 gross margin · 2026
+5 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0829.770.365
- VAT number
- BE 0829.770.365
- Registered office
- Drève Richelle 161 bus 87, 1410 Waterloo
- Names & denominations
- IMM Développement
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 2010
- Peppol
- Active · Active since 29 Nov 2025
- Activities · NACE
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