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 57 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
27 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Imoca from Charleroi, company number BE1004882683, closed financial year 2025 with a result of € -1.6 million after tax. Compared with financial year 2024, the result moved from € -1.2 million to € -1.6 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 20, 2026.
€ 4 million
▼ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.6 million
▼ 33 % more loss than in 2024
Profit after tax over the fiscal year.
€ 3,453
▲ € 3,311 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.8 million.
Debts at end 2025
€ 29.4 million
▲ 2% vs 2024
Loans from banks and other lenders, long and short.
€ 6,111
Supplier invoices still open on the last day of the fiscal year.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Profit after taxes | € -1,207,060 | € -1,602,635 | ▼ € 395,575 |
| Equity | € 5,583,544 | € 3,980,909 | ▼ 29% |
| Total debts | € 29,571,439 | € 30,079,871 | ▲ 2% |
| Cash | € 142 | € 3,453 | ▲ € 3,311 |
| Retained profit | € -1,207,060 | € -2,809,695 | ▼ € 1.6 million |
| Bank debt | € 28,886,480 | € 29,371,957 | ▲ 2% |
| Balance sheet total | € 35,154,983 | € 34,060,780 | ▼ 3% |
Key figures of Imoca, fiscal years 2024 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 Imoca?
What happened at Imoca in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1.6 million. filed late Source: NBB ↗
- New establishment in Charleroi. KBO
- Start of the company according to the CBE. KBO
- GESCOPAR SRL became a director. NBB
- CAYMAN MANAGEMENT SRL became a director. NBB
In short
From € 1.2 million loss in 2024 to € 1.6 million loss in 2025.
Management
Behind Imoca are GESCOPAR SRL and CAYMAN MANAGEMENT SRL. The shares are held by IMMO-SAMBRE (100%). It owns 100% of WATERLOO HOTEL, 100% of HOTEL FLEURUS, 100% of WAASOTEL, 100% of CAPITALOTEL, 100% of HOTEL DINANT and 100% of ERASME HOTEL itself.
Directors
According to the 2025 annual accounts
Director · represented by Olivier CAYMAN
Also active at: FRANZ TRICOT, WATERLOO HOTEL, Immo - Sambre, HOTEL FLEURUS, ERASME HOTEL, HOTEL RAEREN, HOTEL DINANT, IMMO - IBIS - SUD +20 more
since 2024
Director · represented by François CAYMAN
Also active at: WATERLOO HOTEL, Immo - Sambre, HOTEL FLEURUS, ERASME HOTEL, HOTEL RAEREN, HOTEL DINANT, IMMO - IBIS - SUD, LOVELY +18 more
since 2024
Shareholders
100%
Participations
100%
100%
100%
100%
100%
100%
Establishments
Establishment units
Physical locations of this company
Avenue Georges Lemaitre 26
6041 Charleroi
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 27 companies are registered at this address.
All companies at this address →WATERLOO HOTEL same network
€ 2.9 million revenue · 2025
HOTEL FLEURUS same network
€ 2.6 million revenue · 2025
ERASME HOTEL same network
€ 3 million revenue · 2025
HOTEL RAEREN same network
€ 329,830 gross margin · 2025
HOTEL DINANT same network
€ 2.2 million revenue · 2025
+22 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
- 1004.882.683
- VAT number
- BE 1004.882.683
- Registered office
- Avenue Georges Lemaitre 26, 6041 Charleroi
- Names & denominations
- Imoca
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 January 2024
- Peppol
- Not registered
- Activities · NACE
Activiteiten van holdings
Holdings