ACTIVE

IMAS

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Financial year 2025 · closed on 31/12/2025

Net result

1,6 M €

-27.0% YoY

Revenue

11,5 M €

+7.5% YoY

Equity

17,6 M €

+9.9% YoY

Workforce

35,0 ETP

+2.9% YoY

What does IMAS do?

IMAS is a Public limited company incorporated in 1975. Its main activity is: Computer programming activities. Its registered office is in Turnhout. It employs on average 35,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0415.056.268

Incorporation

22/04/1975

Legal form

Public limited company

Registered office

Raadsherenstraat 2
2300 Turnhout · FlandreSee on map

Contributed capital

1 923 125,91 €

Latest accounts

31/12/2025

Average workforce

35,0 ETP

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 63100Data processing, hosting and related activities; web portals 63110Data processing, hosting and related activities 72220Research and experimental development on social sciences and humanities 72300Scientific research and development+5

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	11,5 M €	+7.5%	10,7 M €	+6.6%	10,1 M €	+6.6%	9,4 M €	+3.2%	9,1 M €	-2.4%	9,4 M €	+6.4%	8,8 M €	+7.3%	8,2 M €	+7.4%	7,6 M €	+7.1%	7,1 M €	+4.7%	6,8 M €	-3.3%	7 M €	+11.8%	6,3 M €	-2.0%	6,4 M €	-1.2%	6,5 M €	-8.2%	7,1 M €	-7.5%	7,7 M €	+0.4%	7,6 M €	+6.7%	7,2 M €
EBITDA	3,6 M €	-8.3%	4 M €	+27.8%	3,1 M €	+6.9%	2,9 M €	+2.3%	2,8 M €	-0.2%	2,9 M €	+15.7%	2,5 M €	-14.0%	2,9 M €	+19.5%	2,4 M €	+17.9%	2 M €	-12.8%	2,3 M €	+14.7%	2 M €	+19.0%	1,7 M €	-20.9%	2,2 M €	-18.9%	2,7 M €	+9.0%	2,4 M €	+9.3%	2,2 M €	+7.0%	2,1 M €	-24.4%	2,8 M €
Operating result	1,9 M €	-19.4%	2,3 M €	+60.3%	1,5 M €	+5.1%	1,4 M €	+4.5%	1,3 M €	+7.7%	1,2 M €	+97.6%	624,8 k €	-52.9%	1,3 M €	+63.5%	811,3 k €	+8.5%	747,8 k €	-34.2%	1,1 M €	+36.5%	832,2 k €	+65.8%	501,9 k €	-40.1%	838,2 k €	-28.5%	1,2 M €	+49.6%	783,8 k €	+74.1%	450,2 k €	+38.8%	324,4 k €	-59.4%	799,2 k €
Net result	1,6 M €	-27.0%	2,2 M €	+35.3%	1,6 M €	+35.3%	1,2 M €	+12.3%	1,1 M €	+14.2%	930,1 k €	+157%	361,3 k €	-62.8%	970,7 k €	+54.4%	628,7 k €	-6.0%	668,6 k €	-36.2%	1 M €	-10.1%	1,2 M €	+56.6%	744,3 k €	+128%	-2,6 M €	-463%	724,6 k €	+26.5%	572,6 k €	+71.5%	333,9 k €	+31.4%	254,2 k €	-64.7%	719 k €
Balance sheet
Equity	17,6 M €	+9.9%	16 M €	+15.8%	13,9 M €	+13.2%	12,2 M €	+10.8%	11,1 M €	+10.6%	10 M €	+10.3%	9,1 M €	+4.2%	8,7 M €	+12.6%	7,7 M €	+8.9%	7,1 M €	+10.4%	6,4 M €	+9.3%	5,9 M €	+24.7%	4,7 M €	+30.0%	3,6 M €	-42.0%	6,3 M €	+8.2%	5,8 M €	+1.3%	5,7 M €	+6.2%	5,4 M €	-1.8%	5,5 M €
Total assets	56,4 M €	-7.9%	61,3 M €	-9.7%	67,8 M €	-12.4%	77,5 M €	+38.3%	56 M €	+11.9%	50,1 M €	+16.5%	43 M €	+14.9%	37,4 M €	+29.0%	29 M €	+5.5%	27,5 M €	+40.2%	19,6 M €	+1.7%	19,3 M €	+39.2%	13,8 M €	+8.4%	12,8 M €	-12.5%	14,6 M €	+49.5%	9,8 M €	+27.1%	7,7 M €	-11.7%	8,7 M €	+12.0%	7,8 M €
Cash	4,9 M €	-42.1%	8,5 M €	+33.7%	6,3 M €	+48.3%	4,3 M €	-60.4%	10,8 M €	-20.1%	13,5 M €	-11.0%	15,1 M €	+286%	3,9 M €	+136%	1,7 M €	+45.8%	1,1 M €	+20.2%	948,2 k €	-73.7%	3,6 M €	+17590%	20,4 k €	+1130%	1,7 k €	-98.2%	92,6 k €	-51.7%	191,5 k €	+169%	71,3 k €	+184%	25,1 k €	-94.1%	426,9 k €
Debts	38,5 M €	-14.3%	44,9 M €	-16.7%	53,9 M €	-17.3%	65,2 M €	+44.9%	45 M €	+12.2%	40,1 M €	+18.1%	33,9 M €	+18.2%	28,7 M €	+35.0%	21,3 M €	+4.4%	20,4 M €	+54.9%	13,1 M €	-1.6%	13,4 M €	+46.9%	9,1 M €	-0.1%	9,1 M €	+9.6%	8,3 M €	+117%	3,8 M €	+110%	1,8 M €	-43.7%	3,2 M €	+49.3%	2,2 M €
Other
Workforce	35,0 ETP	+2.9%	34,0 ETP	+4.6%	32,5 ETP	+6.9%	30,4 ETP	-5.6%	32,2 ETP	+4.2%	30,9 ETP	+9.2%	28,3 ETP	+13.2%	25,0 ETP	-2.3%	25,6 ETP	-9.9%	28,4 ETP	+2.5%	27,7 ETP	-1.4%	28,1 ETP	+1.1%	27,8 ETP	+3.3%	26,9 ETP	+3.5%	26,0 ETP	-0.8%	26,2 ETP	-2.6%	26,9 ETP	-1.1%	27,2 ETP	+12.9%	24,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 37 ended

Active mandates

Ladivi

Chairman of the board of directors · since 14 mai 2024 · until 12 mai 2026 · 1003.089.668

Represented by Dimitri de Somer

Active

Danny Goris

Director · since 09 mai 2023 · until 12 mai 2026

Active

Frank Ohle

Managing director · since 09 mai 2023 · until 12 mai 2026

Active

FREBREC

Director · since 09 mai 2023 · until 12 mai 2026 · 0685.894.126

Represented by Frederic de Somer

Active

Ended mandates

Dimitri de Somer

Director · since 09 mai 2023 · until 14 mai 2024

Ended

Dimitri de Somer

Director · since 09 mai 2023 · until 12 mai 2026

Ended

Philippe de Somer

Chairman of the board of directors · since 09 mai 2023 · until 14 mai 2024

Ended

Philippe de Somer

Chairman of the board of directors · since 09 mai 2023 · until 12 mai 2026

Ended

At this address

Other companies at this address

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VAN GENECHTEN BIERMANS● Active	0415.100.216
Van Genechten Packaging● Active	0400.732.338
Van Genechten Packaging BTW-eenheid● Active	0758.769.335

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/05/2026	15/05/2025	16/05/2024	10/05/2023	11/05/2022	18/05/2021
General meeting	12/05/2026	13/05/2025	14/05/2024	09/05/2023	10/05/2022	11/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	12/05/2026	18/05/2026	Dutch	PDF
Full model	31/12/2024	13/05/2025	15/05/2025	Dutch	PDF
Full model	31/12/2023	14/05/2024	16/05/2024	Dutch	PDF
Full model	31/12/2022	09/05/2023	10/05/2023	Dutch	PDF
Full model	31/12/2021	10/05/2022	11/05/2022	Dutch	PDF
Full model	31/12/2020	11/05/2021	18/05/2021	Dutch	PDF
Full model	31/12/2019	12/05/2020	14/07/2020	Dutch	PDF
Full model	31/12/2018	14/05/2019	07/06/2019	Dutch	PDF
Full model	31/12/2017	08/05/2018	22/05/2018	Dutch	PDF
Full model	31/12/2016	09/05/2017	01/06/2017	Dutch	PDF
Full model	31/12/2015	10/05/2016	13/06/2016	Dutch	PDF
Full model	31/12/2014	12/05/2015	20/05/2015	Dutch	PDF
Full model	31/12/2013	13/05/2014	20/05/2014	Dutch	PDF
Full model	31/12/2012	14/05/2013	15/05/2013	Dutch	PDF
Full model	31/12/2011	08/05/2012	14/05/2012	Dutch	PDF
Full model	31/12/2010	10/05/2011	27/05/2011	Dutch	PDF
Full model	31/12/2009	20/04/2010	26/05/2010	Dutch	PDF
Full model	31/12/2008	21/04/2009	13/05/2009	Dutch	PDF
Full model	31/12/2007	22/04/2008	20/05/2008	Dutch	PDF
Full model	31/12/2006	24/04/2007	23/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 37 ended

Active mandates

Ladivi

Chairman of the board of directors · since 14 mai 2024 · until 12 mai 2026 · 1003.089.668

Represented by Dimitri de Somer

Active

Danny Goris

Director · since 09 mai 2023 · until 12 mai 2026

Active

Frank Ohle

Managing director · since 09 mai 2023 · until 12 mai 2026

Active

FREBREC

Director · since 09 mai 2023 · until 12 mai 2026 · 0685.894.126

Represented by Frederic de Somer

Active

Ended mandates

Dimitri de Somer

Director · since 09 mai 2023 · until 14 mai 2024

Ended

Dimitri de Somer

Director · since 09 mai 2023 · until 12 mai 2026

Ended

Philippe de Somer

Chairman of the board of directors · since 09 mai 2023 · until 14 mai 2024

Ended

Philippe de Somer

Chairman of the board of directors · since 09 mai 2023 · until 12 mai 2026

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates24/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/05/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/04/2020
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

12/05/2026
reconductionDanny Goris — bestuurder
12/05/2026
reconductionFrank Ohle — bestuurder
12/05/2026
reconductionDimitri de Somer — bestuurder
12/05/2026
reconductionFrederic de Somer — bestuurder
2025
Annual accounts 20251,6 M €↓
13/05/2025
reconductionEY Bedrijfsrevisoren — commissaris
2024
Annual accounts 20242,2 M €↑
14/05/2024
nominationLadivi BV — bestuurder
14/05/2024
nominationLadivi BV — voorzitter van de raad van bestuurd
2023
Annual accounts 20231,6 M €↑
09/05/2023
reconductionPhilippe Edmond Marie Hubert Jean DE SOMER — niet statutaire bestuurder
09/05/2023
reconductionDanny Joannes Louisa GORIS — niet statutaire bestuurder
09/05/2023
reconductionFrank OHLE — niet statutaire bestuurder
09/05/2023
reconductionDimitri Philippe DE SOMER — niet statutaire bestuurder
09/05/2023
nominationFrank OHLE — gedelegeerd bestuurder
2022
Annual accounts 20221,2 M €↑
10/05/2022
reconductionErnst & Young Bedrijfsrevisoren — Bedrijfsrevisoren
2021
Annual accounts 20211,1 M €↑
2020
Annual accounts 2020930,1 k €↑
2019
Annual accounts 2019361,3 k €↓
2018
Annual accounts 2018970,7 k €↑
2017
Annual accounts 2017628,7 k €↓
2016
Annual accounts 2016668,6 k €↓
2015
Annual accounts 20151 M €↓
2014
Annual accounts 20141,2 M €↑
2013
Annual accounts 2013744,3 k €↑
2012
Annual accounts 2012-2,6 M €↓
2011
Annual accounts 2011724,6 k €↑
2010
Annual accounts 2010572,6 k €↑
2009
Annual accounts 2009333,9 k €↑
2008
Annual accounts 2008254,2 k €↓
2007
Annual accounts 2007719 k €
22/04/1975
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

IMAS

Overview

What does IMAS do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline