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 57 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 4.1 to 3.2.
Financials
Financial year 2025
IMOGES from Ecaussinnes, company number BE0860782057, closed financial year 2025 with a result of € 386,002 after tax. For that financial year IMOGES recorded a gross margin of € 935,153 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 20,410 to € 386,002. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 1.1 million
▲ 56% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 386,002
▲ € 365,593 vs 2024
Profit after tax over the fiscal year.
€ 290,555
▲ 14% 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 € 971,657.
People and assets in 2025
3.2
▼ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 193,749
▼ 5% vs 2024
€ 60,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 122,833
▲ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▼ 37% vs 2024
€ 111,289 is repaid this year. At this pace the long-term loan is gone in ≈ 15 years.
€ 1.3 million
▼ 58% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 66,464
▼ 12% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 426,964 | € 519,947 | € 355,344 | € 935,153 | ▲ 163% |
| Profit after taxes | € 248,516 | € 12,403 | € 20,410 | € 386,002 | ▲ € 365,593 |
| Equity | € 652,842 | € 665,245 | € 685,655 | € 1,071,657 | ▲ 56% |
| Total debts | € 5,980,833 | € 6,753,818 | € 6,969,425 | € 4,400,951 | ▼ 37% |
| Cash | € 164,801 | € 18,688 | € 254,771 | € 290,555 | ▲ 14% |
| Land & buildings | € 1,060,970 | € 843,222 | € 814,538 | € 714,461 | ▼ 12% |
| Retained profit | € 552,842 | € 565,245 | € 585,655 | € 971,657 | ▲ 66% |
| Bank debt | € 3,617,393 | € 4,750,246 | € 3,118,288 | € 1,964,570 | ▼ 37% |
| Balance sheet total | € 6,633,675 | € 7,419,063 | € 7,655,079 | € 5,550,880 | ▼ 27% |
| Employees (FTE) | 4.7 | 4.1 | 3.4 | 3.2 | ▼ 0.2 |
Key figures of IMOGES, 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 IMOGES?
What happened at IMOGES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 386,002 (▲ € 365,593 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Ecaussinnes. KBO
In short
From € 248,516 profit in 2022 to € 386,002 profit in 2025.
Paid € 53,273 in corporate taxes since 2022.
Best year ever: 2025, with € 386,002 profit.
On average € 292,200 of value added per employee in 2025.
Management
Behind IMOGES is Eric SIRAULT. It owns 100% of VAN LAETHEM-INVEST itself.
Directors
According to the 2025 annual accounts
Eric SIRAULT
Director
Establishments
Establishment units
Physical locations of this company
Avenue de la Déportation 41
7190 Ecaussinnes
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0860.782.057
- VAT number
- BE 0860.782.057
- Registered office
- Avenue de la Déportation 41, 7190 Ecaussinnes
- Names & denominations
- IMOGES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 September 2003
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Algemene bouw van residentiële gebouwen
Optrekken van andere residentiële gebouwen en van kantoorgebouwen
Plaatsen van vloer- en wandtegels
Plaatsen van vloerbedekking en wandbekleding van hout
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Schilderen van gebouwen
Installatie van isolatie
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