Imgeco
0401.969.978 · rovalta.com · 24/09/2026
ACTIVE
Imgeco
Financial year 2025 · closed on 30/09/2025
Net result
60,5 k €
+11.8% YoY
Gross margin
18,4 k €
+191.9% YoY
Equity
3,6 M €
+1.7% YoY
Overview
What does Imgeco do?
Imgeco is a Public limited company incorporated in 1959. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Ixelles.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0401.969.978
Incorporation
01/07/1959
Legal form
Public limited company
Registered office
Avenue de la Forêt 2 box 2
1050 Ixelles · BruxellesSee on map
1050 Ixelles · BruxellesSee on map
Contributed capital
94 866,91 €
Latest accounts
30/09/2025
Activities (NACE)
Joint committees (1)
- 100
Contacts
2 public details availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2009 | 2008 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 18,4 k € | +192% | -20 k € | +0.7% | -20,2 k € | -129% | 68,8 k € | +1010% | 6,2 k € | -89.8% | 60,9 k € | +610% | -11,9 k € | -107% | 170,8 k € | +1303% | -14,2 k € | -5.2% | -13,5 k € | +29.9% | -19,3 k € | +69.2% | -62,4 k € | -3.8% | -60,2 k € | -69.3% | -35,5 k € | -122% | 164,6 k € | -69.5% | 539,8 k € | +68.6% | 320,2 k € |
| EBITDA | 10,8 k € | +140% | -27,3 k € | -1.8% | -26,8 k € | -143% | 61,8 k € | +4557% | -1,4 k € | -103% | 54,2 k € | +395% | -18,4 k € | -111% | 162,1 k € | +845% | -21,8 k € | -3.9% | -21 k € | +20.7% | -26,4 k € | +62.0% | -69,6 k € | -3.4% | -67,3 k € | -57.7% | -42,7 k € | -127% | 156,9 k € | -69.2% | 509,1 k € | +52.5% | 333,9 k € |
| Operating result | 214,9 € | +101% | -39,3 k € | -2.2% | -38,5 k € | -175% | 51,1 k € | +1747% | -3,1 k € | -107% | 45,9 k € | +264% | -28,1 k € | -119% | 146,2 k € | +448% | -42 k € | -22.6% | -34,3 k € | +14.1% | -39,9 k € | +51.3% | -81,9 k € | -2.7% | -79,7 k € | -47.5% | -54,1 k € | -137% | 145,2 k € | -70.7% | 496,3 k € | +53.8% | 322,7 k € |
| Net result | 60,5 k € | +11.8% | 54,1 k € | +181% | 19,3 k € | -66.9% | 58,2 k € | +6269% | 913,2 € | +107% | -13,6 k € | +49.9% | -27,1 k € | -116% | 170,2 k € | +331% | 39,5 k € | -24.5% | 52,3 k € | -8.5% | 57,2 k € | +264% | 15,7 k € | -34.9% | 24,1 k € | -54.4% | 52,9 k € | -77.2% | 231,9 k € | -49.4% | 458,2 k € | +43.9% | 318,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | 3,6 M € | +1.7% | 3,5 M € | -1.3% | 3,6 M € | +0.5% | 3,6 M € | -0.1% | 3,6 M € | +0.0% | 3,6 M € | -0.4% | 3,6 M € | -0.8% | 3,6 M € | -1.2% | 3,6 M € | +1.1% | 3,6 M € | +1.5% | 3,6 M € | +1.6% | 3,5 M € | +0.5% | 3,5 M € | +0.7% | 3,5 M € | +1.6% | 3,4 M € | +9.7% | 3,1 M € | +17.3% | 2,6 M € |
| Total assets | 3,6 M € | -1.0% | 3,6 M € | +1.1% | 3,6 M € | -0.8% | 3,6 M € | +1.7% | 3,6 M € | +0.1% | 3,6 M € | -0.4% | 3,6 M € | -1.0% | 3,6 M € | -1.0% | 3,7 M € | +1.1% | 3,6 M € | +1.6% | 3,6 M € | +1.4% | 3,5 M € | +0.5% | 3,5 M € | +0.6% | 3,5 M € | +1.4% | 3,4 M € | +7.9% | 3,2 M € | +17.0% | 2,7 M € |
| Cash | 5,5 k € | +124% | 2,5 k € | -97.7% | 108,3 k € | -96.8% | 3,4 M € | +821% | 364,2 k € | -89.2% | 3,4 M € | -2.4% | 3,4 M € | -0.5% | 3,5 M € | +238% | 1 M € | -0.9% | 1 M € | +35.2% | 765,7 k € | +8.9% | 703,1 k € | +4.2% | 674,8 k € | +82.0% | 370,7 k € | +427% | 70,4 k € | +145% | 28,7 k € | -37.0% | 45,5 k € |
| Debts | 11,2 k € | -89.6% | 107,6 k € | +642% | 14,5 k € | -80.2% | 73,1 k € | +809% | 8 k € | +19.2% | 6,7 k € | -0.5% | 6,8 k € | -53.1% | 14,5 k € | +81.9% | 7,9 k € | +9.2% | 7,3 k € | +101% | 3,6 k € | -62.1% | 9,6 k € | -3.3% | 9,9 k € | -5.4% | 10,5 k € | -10.6% | 11,7 k € | -80.5% | 60 k € | +6.8% | 56,2 k € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | – | – | – | – | – | 1,0 ETP | 0.0% | 1,0 ETP | |||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 2,5 M€ and 5 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 15 ended
Active mandates
Isabelle MICHIELS
ActiveMichel MONCOUSIN
ActiveEnded mandates
Isabelle MICHIELS
EndedMichel MONCOUSIN
EndedPhilippe MONCOUSIN
EndedIsabelle MICHIELS
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
Cap Horizon● Active | 0400.654.837 |
PIERRON DEVELOPMENT● Active | 0749.617.978 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 19/12/2025 | 25/12/2024 | 26/12/2023 | 23/12/2022 | 22/12/2021 | 11/12/2020 |
| General meeting | 16/12/2025 | 17/12/2024 | 19/12/2023 | 20/12/2022 | 16/11/2021 | 17/11/2020 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/09/2025 | 16/12/2025 | 19/12/2025 | French | |
| Abridged model | 30/09/2024 | 17/12/2024 | 25/12/2024 | French | |
| Abridged model | 30/09/2023 | 19/12/2023 | 26/12/2023 | French | |
| Abridged model | 30/09/2022 | 20/12/2022 | 23/12/2022 | French | |
| Abridged model | 30/09/2021 | 16/11/2021 | 22/12/2021 | French | |
| Abridged model | 30/09/2020 | 17/11/2020 | 11/12/2020 | French | |
| Abridged model | 30/09/2019 | 19/11/2019 | 13/12/2019 | French | |
| Abridged model | 30/09/2018 | 20/11/2018 | 26/12/2018 | French | |
| Abridged model | 30/09/2017 | 21/11/2017 | 29/12/2017 | French | |
| Abridged model | 30/09/2016 | 15/11/2016 | 06/01/2017 | French | |
| Abridged model | 30/09/2015 | 17/11/2015 | 21/12/2015 | French | |
| Abridged model | 30/09/2014 | 18/11/2014 | 28/11/2014 | French | |
| Abridged model | 30/09/2013 | 19/11/2013 | 26/12/2013 | French | |
| Abridged model | 30/09/2012 | 20/11/2012 | 25/12/2012 | French | |
| Abridged model | 30/09/2011 | 15/11/2011 | 27/12/2011 | French | |
| Abridged model | 30/09/2010 | 16/11/2010 | 05/12/2010 | French | |
| Abridged model | 30/09/2009 | 17/11/2009 | 15/12/2009 | French | |
| Abridged model | 30/09/2008 | 18/11/2008 | 27/12/2008 | French | |
| Abridged model | 30/09/2007 | 20/11/2007 | 20/12/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 2,5 M€ and 5 M€
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 15 ended
Active mandates
Isabelle MICHIELS
ActiveMichel MONCOUSIN
ActiveEnded mandates
Isabelle MICHIELS
EndedMichel MONCOUSIN
EndedPhilippe MONCOUSIN
EndedIsabelle MICHIELS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates24/12/2025DEMISSIONS, NOMINATIONS
- Other04/02/2022ASSEMBLEE GENERALE
- Mandates08/01/2020DEMISSIONS, NOMINATIONS
- Capital / shares25/01/2018Réduction de capital
- Mandates17/12/2015CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
- Mandates10/01/2014DEMISSIONS, NOMINATIONS
- Registered office26/08/2013SIEGE SOCIAL
- Other15/03/2012OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202560,5 k €↑
- 2024Annual accounts 202454,1 k €↑
- 2023Annual accounts 202319,3 k €↓
- 2022Annual accounts 202258,2 k €↑
- 2021Annual accounts 2021913,2 €↑
- 2020Annual accounts 2020-13,6 k €↑
- 2019Annual accounts 2019-27,1 k €↓
- 2018Annual accounts 2018170,2 k €↑
- 2017Annual accounts 201739,5 k €↓
- 2016Annual accounts 201652,3 k €↓
- 2015Annual accounts 201557,2 k €↑
- 2014Annual accounts 201415,7 k €↓
- 2013Annual accounts 201324,1 k €↓
- 2012Annual accounts 201252,9 k €↓
- 2011Annual accounts 2011231,9 k €↓
- 2009Annual accounts 2009458,2 k €↑
- 2008Annual accounts 2008318,4 k €
- 01/07/1959IncorporationPublic limited company