ACTIVE

IMGA

Financial year 2025 · closed on 31/12/2025
Net result
-22,3 k €
+34.4% YoY
Gross margin
22,9 k €
+62.6% YoY
Equity
502 k €
-4.3% YoY

What does IMGA do?

IMGA is a Public limited company incorporated in 1988. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0433.346.510
Incorporation
11/02/1988
Legal form
Public limited company
Registered office
Avenue de la Nivéole 10
1020 Bruxelles · BruxellesSee on map
Contributed capital
61 973,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 100
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin22,9 k €14,1 k €-452 €13,5 k €19,9 k €16,5 k €34,3 k €15,6 k €-3,2 k €30 k €38,1 k €51,4 k €40,7 k €37,4 k €37,3 k €805,7 €-11,6 k €6,4 k €240,2 k €
EBITDA18,4 k €9,6 k €-13,8 k €5,4 k €2,3 k €16,1 k €26,4 k €-368,3 €9,8 k €13,7 k €17,5 k €-1,5 k €21,7 k €6,1 k €8,2 k €-22,3 k €-15,8 k €-798,4 k €231,5 k €
Operating result-17 k €-26,8 k €-37,4 k €-17,2 k €-53,9 k €-38,4 k €-37,3 k €-34 k €-25 k €-22,4 k €-18,5 k €-35,7 k €-12,5 k €-28,1 k €-28,7 k €-70,7 k €-83,3 k €-839 k €223,9 k €
Net result-22,3 k €-34 k €-47,5 k €598 k €-70,9 k €-59,1 k €-64,3 k €-38,4 k €-35,3 k €-24,5 k €-19,4 k €-35,7 k €-12,1 k €-27,8 k €-29,8 k €346,2 k €-173,2 k €-640,2 k €173,2 k €
Balance sheet
Equity502 k €524,2 k €558,2 k €605,7 k €18,1 k €89 k €148,2 k €212,4 k €250,8 k €286,1 k €310,7 k €330 k €365,8 k €377,9 k €405,7 k €435,5 k €111,3 k €284,5 k €478,8 k €
Total assets1 M €1,1 M €1,1 M €1,2 M €672,8 k €730,3 k €792 k €401,6 k €427,2 k €842,1 k €859,7 k €869 k €867 k €863,1 k €908,7 k €942,9 k €1 M €1,1 M €704,2 k €
Cash249,1 k €336,7 k €453,8 k €488,6 k €2,1 k €414,4 €1,9 k €1,5 k €3 k €3,5 k €1,6 k €14,4 k €1,9 k €816,4 €4,6 k €3,7 k €19,6 k €1,2 k €20,1 k €
Debts328,7 k €328,8 k €331,3 k €329,8 k €645,6 k €632,4 k €634,6 k €179,6 k €166,4 k €133,7 k €126,3 k €115,9 k €108,3 k €91,8 k €109,2 k €112,8 k €122,6 k €12,7 k €18,9 k €
Other
Workforce0,2 ETP0,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 24 ended

Active mandates

VINCENT BOSIO

Mandate

Active

Ended mandates

JADEX

Director · since 21 mars 2021 · until 21 mars 2027 · 0866.242.464

Represented by VINCENT BOSIO

Ended
MARTINE AARENS

Managing director · since 21 mars 2021 · until 21 mars 2027

Ended
CHANTAL DELEM

Director · since 21 mars 2016 · until 21 mars 2021

Ended
CHANTAL DELEM

Director · since 21 mars 2016 · until 29 juin 2021

Ended
At this address

Other companies at this address

Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelMicro modelMicro modelMicro 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 date04/07/202608/07/202529/08/202408/10/202313/09/202228/10/2021
General meeting09/06/202610/06/202511/06/202413/06/202314/06/202208/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202509/06/202604/07/2026FrenchPDF
Abridged model31/12/202410/06/202508/07/2025FrenchPDF
Abridged model31/12/202311/06/202429/08/2024FrenchPDF
Micro model31/12/202213/06/202308/10/2023FrenchPDF
Micro model31/12/202114/06/202213/09/2022FrenchPDF
Micro model31/12/202008/06/202128/10/2021FrenchPDF
Micro model31/12/201928/08/202012/10/2020FrenchPDF
Micro model31/12/201811/06/201922/10/2019FrenchPDF
Micro model31/12/201712/06/201831/10/2018FrenchPDF
Micro model31/12/201613/06/201704/01/2018FrenchPDF
Abridged model31/12/201514/06/201631/08/2016FrenchPDF
Abridged model31/12/201409/06/201511/02/2016FrenchPDF
Abridged model31/12/201319/03/201521/04/2015FrenchPDF
Abridged model31/12/201219/03/201521/04/2015FrenchPDF
Abridged model31/12/201112/06/201222/01/2013FrenchPDF
Abridged model31/12/201014/06/201110/11/2011FrenchPDF
Abridged model31/12/200908/06/201001/02/2011FrenchPDF
Abridged model30/06/200811/11/200830/04/2009FrenchPDF
Abridged model30/06/200713/11/200729/02/2008FrenchPDF
Abridged model30/06/200608/11/200630/03/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 1 active · 24 ended

Active mandates

VINCENT BOSIO

Mandate

Active

Ended mandates

JADEX

Director · since 21 mars 2021 · until 21 mars 2027 · 0866.242.464

Represented by VINCENT BOSIO

Ended
MARTINE AARENS

Managing director · since 21 mars 2021 · until 21 mars 2027

Ended
CHANTAL DELEM

Director · since 21 mars 2016 · until 21 mars 2021

Ended
CHANTAL DELEM

Director · since 21 mars 2016 · until 29 juin 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/03/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office17/07/2023
    SIEGE SOCIAL
    PDF
  • Mandates13/09/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/05/2016
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/05/2013
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates12/07/2010
    DEMISSIONS, NOMINATIONS
    PDF
  • Other27/07/2009
    ASSEMBLEE GENERALE - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates25/04/2008
    CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    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 2025-22,3 k €
  2. 2024
    Annual accounts 2024-34 k €
  3. 2023
    Annual accounts 2023-47,5 k €
  4. 2022
    Annual accounts 2022598 k €
  5. 2021
    Annual accounts 2021-70,9 k €
  6. 2020
    Annual accounts 2020-59,1 k €
  7. 2019
    Annual accounts 2019-64,3 k €
  8. 2018
    Annual accounts 2018-38,4 k €
  9. 2017
    Annual accounts 2017-35,3 k €
  10. 2016
    Annual accounts 2016-24,5 k €
  11. 2015
    Annual accounts 2015-19,4 k €
  12. 2014
    Annual accounts 2014-35,7 k €
  13. 2013
    Annual accounts 2013-12,1 k €
  14. 2012
    Annual accounts 2012-27,8 k €
  15. 2011
    Annual accounts 2011-29,8 k €
  16. 2010
    Annual accounts 2010346,2 k €
  17. 2009
    Annual accounts 2009-173,2 k €
  18. 2008
    Annual accounts 2008-640,2 k €
  19. 2007
    Annual accounts 2007173,2 k €
  20. 11/02/1988
    IncorporationPublic limited company