ACTIVE

IMMAPE

Financial year 2025 · closed on 31/12/2025
Net result
146,8 k €
-2.3% YoY
Gross margin
218,3 k €
-0.6% YoY
Equity
1,4 M €
+12.2% YoY

What does IMMAPE do?

IMMAPE is a Public limited company incorporated in 1987. Its registered office is in Erpe-Mere.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0432.890.115
Incorporation
17/12/1987
Legal form
Public limited company
Registered office
Baardegemstraat 15
9420 Erpe-Mere · FlandreSee on map
Contributed capital
340 900,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212018201720162015201420132012201120102009200820072006
Income statement
Gross margin218,3 k €219,5 k €211,5 k €195,9 k €185 k €175,8 k €170,8 k €167,9 k €168,5 k €167,1 k €164 k €155,3 k €133,5 k €132,4 k €133,4 k €133 k €121,8 k €117,6 k €
EBITDA188,4 k €190,7 k €183,7 k €170,3 k €159,9 k €153,2 k €148,6 k €146,1 k €146,7 k €144,9 k €143,7 k €133,6 k €111,9 k €110,5 k €116,3 k €114,4 k €103,5 k €55,2 k €
Operating result170,8 k €173,1 k €166,2 k €152,8 k €142,4 k €135,6 k €131 k €128,4 k €129,1 k €127,2 k €126,1 k €116 k €94,1 k €91,7 k €94,4 k €70,5 k €48,6 k €283 €
Net result146,8 k €150,3 k €136,4 k €120,3 k €112,3 k €106,2 k €97,2 k €97,8 k €88,2 k €83,5 k €89,1 k €89,9 k €75,4 k €72,9 k €74,8 k €59 k €44,1 k €7,1 k €
Balance sheet
Equity1,4 M €1,2 M €1,1 M €919,4 k €799,1 k €514,1 k €1 M €910,7 k €813 k €724,8 k €641,3 k €1 M €912,3 k €836,9 k €763,9 k €689,1 k €630,2 k €586,1 k €
Total assets1,4 M €1,2 M €1,1 M €971,1 k €828,7 k €548,2 k €1 M €961,9 k €908,6 k €1,3 M €1,2 M €1,1 M €937,8 k €866,5 k €794,8 k €749,4 k €683,7 k €643,6 k €
Cash110,3 k €189,1 k €243,4 k €238,6 k €201,5 k €25,8 k €305,7 k €392,3 k €333 k €400,1 k €3,7 k €457,1 k €464,5 k €370,9 k €146,8 k €217,9 k €96,8 k €236 €
Debts27,4 k €29,2 k €29,1 k €22,4 k €25,9 k €30,4 k €33,9 k €27 k €68,7 k €506,7 k €485,3 k €35 k €25,5 k €29,6 k €30,8 k €60,3 k €53,5 k €57,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 23 ended

Active mandates

AMMAX

Director · since 28 mai 2022 · until 27 mai 2028 · 0478.948.782

Represented by Sandrine Van Buggenhout

Active
MAPE INVEST

Managing director · since 28 mai 2022 · until 27 mai 2028 · 0466.600.583

Represented by Peter Van Buggenhout

Active
PVB

Director · since 28 mai 2022 · until 27 mai 2028 · 0479.002.727

Represented by Philip VAN BUGGENHOUT

Active

Ended mandates

AMMAX

Director · since 28 mai 2022 · until 27 mai 2028 · 0478.948.782

Represented by Sandrine VAN BUGGENHOUT

Ended
AMMAX

Director · since 28 mai 2022 · until 27 mai 2028 · 0478.948.782

Represented by Sandrine VAN BUGGENHOUT

Ended
MAPE INVEST

Managing director · since 28 mai 2022 · until 27 mai 2028 · 0466.600.583

Represented by Peter VAN BUGGENHOUT

Ended
PVB

Director · since 28 mai 2022 · until 27 mai 2028 · 0479.002.727

Represented by Philip VAN BUGGENHOUT

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/06/202613/06/202524/05/202418/08/202331/05/202221/06/2021
General meeting05/06/202613/06/202516/05/202417/08/202328/05/202208/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202622/06/2026DutchPDF
Abridged model31/12/202413/06/202513/06/2025DutchPDF
Abridged model31/12/202316/05/202424/05/2024DutchPDF
Abridged model31/12/202217/08/202318/08/2023DutchPDF
Abridged model31/12/202128/05/202231/05/2022DutchPDF
Abridged model31/12/202008/06/202121/06/2021DutchPDF
Abridged model31/12/201918/06/202018/06/2020DutchPDF
Abridged model31/12/201807/06/201927/06/2019DutchPDF
Abridged model31/12/201730/05/201831/05/2018DutchPDF
Abridged model31/12/201627/05/201709/06/2017DutchPDF
Abridged model31/12/201520/06/201620/06/2016DutchPDF
Abridged model31/12/201410/06/201512/06/2015DutchPDF
Abridged model31/12/201323/06/201424/06/2014DutchPDF
Abridged model31/12/201229/05/201330/05/2013DutchPDF
Abridged model31/12/201111/05/201214/05/2012DutchPDF
Abridged model31/12/201004/04/201105/04/2011DutchPDF
Abridged model31/12/200929/05/201016/06/2010DutchPDF
Abridged model31/12/200830/05/200911/06/2009DutchPDF
Abridged model31/12/200731/05/200810/06/2008DutchPDF
Abridged model31/12/200626/05/200731/05/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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 · 3 active · 23 ended

Active mandates

AMMAX

Director · since 28 mai 2022 · until 27 mai 2028 · 0478.948.782

Represented by Sandrine Van Buggenhout

Active
MAPE INVEST

Managing director · since 28 mai 2022 · until 27 mai 2028 · 0466.600.583

Represented by Peter Van Buggenhout

Active
PVB

Director · since 28 mai 2022 · until 27 mai 2028 · 0479.002.727

Represented by Philip VAN BUGGENHOUT

Active

Ended mandates

AMMAX

Director · since 28 mai 2022 · until 27 mai 2028 · 0478.948.782

Represented by Sandrine VAN BUGGENHOUT

Ended
AMMAX

Director · since 28 mai 2022 · until 27 mai 2028 · 0478.948.782

Represented by Sandrine VAN BUGGENHOUT

Ended
MAPE INVEST

Managing director · since 28 mai 2022 · until 27 mai 2028 · 0466.600.583

Represented by Peter VAN BUGGENHOUT

Ended
PVB

Director · since 28 mai 2022 · until 27 mai 2028 · 0479.002.727

Represented by Philip VAN BUGGENHOUT

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates14/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/09/2010
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates29/06/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/07/2008
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates19/07/2005
    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

Timeline

  1. 2025
    Annual accounts 2025146,8 k €
  2. 2024
    Annual accounts 2024150,3 k €
  3. 2023
    Annual accounts 2023136,4 k €
  4. 2022
    Annual accounts 2022120,3 k €
  5. 2021
    Annual accounts 2021112,3 k €
  6. 2018
    Annual accounts 2018106,2 k €
  7. 2017
    Annual accounts 201797,2 k €
  8. 2016
    Annual accounts 201697,8 k €
  9. 2015
    Annual accounts 201588,2 k €
  10. 2014
    Annual accounts 201483,5 k €
  11. 2013
    Annual accounts 201389,1 k €
  12. 2012
    Annual accounts 201289,9 k €
  13. 2011
    Annual accounts 201175,4 k €
  14. 2010
    Annual accounts 201072,9 k €
  15. 2009
    Annual accounts 200974,8 k €
  16. 2008
    Annual accounts 200859 k €
  17. 2007
    Annual accounts 200744,1 k €
  18. 2006
    Annual accounts 20067,1 k €
  19. 17/12/1987
    IncorporationPublic limited company