NORMAL SITUATION

IMAGE BUILDING

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Financial year 2024 · closed on 31/12/2024

Net result

141,3 k €

+14.9% YoY

Gross margin

226,7 k €

-13.1% YoY

Equity

729 k €

+24.0% YoY

Company — Normal situation.

What does IMAGE BUILDING do?

IMAGE BUILDING is a company registered in Belgium.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0438.583.421

Legal form

Public limited company

Contributed capital

68 592,01 €

Latest accounts

31/12/2024

Joint committees (2)

Signals

ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	226,7 k €	-13.1%	260,9 k €	+1.0%	258,4 k €	+57.6%	164 k €	+9.8%	149,4 k €	-36.7%	236,1 k €	-1.0%	238,4 k €	+6.3%	224,3 k €	+1.9%	220,2 k €	+32.3%	166,4 k €	-26.4%	226,1 k €	+31.8%	171,5 k €	-9.9%	190,3 k €	+18.9%	160 k €	+13.9%	140,5 k €	+8.2%	129,8 k €	+20.4%	107,8 k €	-40.8%	182,1 k €	+9.5%	166,4 k €
EBITDA	135,1 k €	+19.6%	113 k €	-16.5%	135,2 k €	+109%	64,6 k €	-8.0%	70,3 k €	-51.2%	144 k €	-1.9%	146,8 k €	-6.4%	156,8 k €	-4.3%	163,8 k €	+43.5%	114,2 k €	-29.4%	161,7 k €	+23.7%	130,8 k €	-13.0%	150,4 k €	+85.8%	80,9 k €	+11.5%	72,6 k €	+39.8%	51,9 k €	+31.5%	39,5 k €	-64.4%	110,8 k €	+75.0%	63,3 k €
Operating result	135,1 k €	+26.9%	106,5 k €	-12.0%	121 k €	+238%	35,8 k €	-6.6%	38,3 k €	-64.0%	106,4 k €	+0.8%	105,6 k €	-16.4%	126,2 k €	-13.7%	146,3 k €	+52.1%	96,2 k €	-22.6%	124,3 k €	+35.3%	91,8 k €	-17.6%	111,4 k €	+102%	55,1 k €	-17.8%	67 k €	+115%	31,1 k €	+62.4%	19,2 k €	-74.0%	73,8 k €	+192%	25,2 k €
Net result	141,3 k €	+14.9%	122,9 k €	+2835%	-4,5 k €	-102%	256,8 k €	+111%	121,6 k €	-17.6%	147,6 k €	+128%	64,9 k €	-29.9%	92,5 k €	-27.5%	127,6 k €	+74.0%	73,4 k €	-42.9%	128,5 k €	+29.0%	99,6 k €	-13.3%	114,9 k €	+63.1%	70,5 k €	+0.9%	69,8 k €	+129%	30,5 k €	+22.6%	24,9 k €	-74.9%	99,2 k €	+64.8%	60,2 k €
Balance sheet
Equity	729 k €	+24.0%	587,8 k €	+26.4%	464,9 k €	-3.0%	479,4 k €	-26.8%	654,7 k €	+5.2%	622,3 k €	+14.2%	544,8 k €	-0.9%	549,9 k €	+4.0%	528,8 k €	+19.1%	444 k €	-41.7%	761,8 k €	+20.3%	633,3 k €	+18.7%	533,7 k €	+27.4%	418,8 k €	+20.2%	348,3 k €	+25.1%	278,5 k €	+12.3%	248 k €	+11.2%	223,1 k €	-81.8%	1,2 M €
Total assets	742,6 k €	+15.5%	642,7 k €	+26.0%	510 k €	-46.2%	947,2 k €	+24.3%	762,2 k €	+3.2%	738,7 k €	+1.7%	726,2 k €	-2.0%	741,1 k €	+16.4%	636,6 k €	+4.3%	610,2 k €	-26.0%	824,3 k €	+22.8%	671,1 k €	+10.8%	605,7 k €	+34.8%	449,2 k €	+6.1%	423,4 k €	+21.5%	348,6 k €	+21.4%	287,2 k €	+10.7%	259,5 k €	-79.3%	1,3 M €
Cash	23,9 k €	-58.8%	58 k €	-53.7%	125,4 k €	+213%	40 k €	-32.2%	59 k €	+97.8%	29,8 k €	-58.0%	70,9 k €	+1.0%	70,3 k €	-4.0%	73,2 k €	-50.7%	148,4 k €	+6776%	2,2 k €	-95.4%	46,5 k €	+0.8%	46,1 k €	+91.6%	24,1 k €	+27.7%	18,8 k €	+1995%	899,7 €	-94.2%	15,6 k €	-43.0%	27,4 k €	+273%	7,3 k €
Debts	13,6 k €	-75.3%	55 k €	+21.8%	45,1 k €	-90.4%	467,8 k €	+335%	107,5 k €	-7.6%	116,3 k €	-35.9%	181,5 k €	-5.1%	191,2 k €	+77.4%	107,7 k €	-35.1%	166,1 k €	+166%	62,5 k €	+65.4%	37,8 k €	-47.5%	72 k €	+137%	30,3 k €	-59.6%	75,1 k €	+7.1%	70,1 k €	+78.8%	39,2 k €	+7.6%	36,4 k €	+27.7%	28,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		1,6 ETP	0.0%	1,6 ETP	+60.0%	1,0 ETP	0.0%	1,0 ETP	-60.0%	2,5 ETP	+19.0%	2,1 ETP	+5.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	-20.0%	2,5 ETP

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 16 ended

Active mandates

Claudine Beert

Managing director · since 12 mai 2023 · until 05 mai 2028

Active

Ended mandates

Claudine Beert

Managing director · since 23 septembre 2021 · until 06 mai 2027

Ended

Frans Patrick Gypen

Director · since 23 septembre 2021 · until 12 mai 2023

Ended

Frans Patrick Gypen

Director · since 01 septembre 2020 · until 02 mai 2025

Ended

Claudine Beert

Managing director · since 02 mai 2019 · until 01 mai 2025

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/08/2025	17/07/2024	25/07/2023	17/06/2022	24/06/2021	01/07/2020
General meeting	02/05/2025	02/05/2024	04/05/2023	05/05/2022	06/05/2021	07/05/2020
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

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Filings

Annual accounts filings

35 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2024	02/05/2025	29/08/2025	Dutch	PDF
Micro model	31/12/2023	02/05/2024	17/07/2024	Dutch	PDF
Micro model	31/12/2022	04/05/2023	25/07/2023	Dutch	PDF
Micro model	31/12/2021	05/05/2022	17/06/2022	Dutch	PDF
Micro model	31/12/2020	06/05/2021	24/06/2021	Dutch	PDF
Micro model	31/12/2019	07/05/2020	01/07/2020	Dutch	PDF
Micro model	31/12/2018	02/05/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	03/05/2018	31/07/2018	Dutch	PDF
Micro model	31/12/2016	04/05/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/05/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	07/05/2015	09/09/2015	Dutch	PDF
Abridged model	31/12/2013	02/05/2014	22/08/2014	Dutch	PDF
Abridged model	31/12/2012	02/05/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	03/05/2012	24/08/2012	Dutch	PDF
Abridged model	31/12/2010	05/05/2011	24/06/2011	Dutch	PDF
Abridged model	31/12/2009	06/05/2010	21/06/2010	Dutch	PDF
Abridged model	31/12/2008	07/05/2009	10/08/2009	Dutch	PDF
Abridged model	31/12/2007	08/05/2008	29/07/2008	Dutch	PDF
Abridged model	31/12/2006	31/05/2007	03/07/2007	Dutch	PDF
Abridged model	31/12/2005	01/06/2006	28/06/2006	Dutch	PDF
Abridged model	31/12/2004	06/05/2005	23/06/2005	Dutch	PDF
Abridged model	31/12/2003	06/05/2004	04/06/2004	Dutch	PDF
Abridged model	31/12/2002	22/05/2003	12/06/2003	Dutch	PDF
Abridged model	30/09/2001	14/12/2001	31/12/2001	Dutch	PDF

View all 35 filings

Estimate

Indicative valuation

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 31/12/2024 · 1 active · 16 ended

Active mandates

Claudine Beert

Managing director · since 12 mai 2023 · until 05 mai 2028

Active

Ended mandates

Claudine Beert

Managing director · since 23 septembre 2021 · until 06 mai 2027

Ended

Frans Patrick Gypen

Director · since 23 septembre 2021 · until 12 mai 2023

Ended

Frans Patrick Gypen

Director · since 01 septembre 2020 · until 02 mai 2025

Ended

Claudine Beert

Managing director · since 02 mai 2019 · until 01 mai 2025

Ended

Shareholders

Ownership and network

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Competition

Similar companies

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

See the Business plan

2024
Annual accounts 2024141,3 k €↑
2023
Annual accounts 2023122,9 k €↑
2022
Annual accounts 2022-4,5 k €↓
2021
Annual accounts 2021256,8 k €↑
2020
Annual accounts 2020121,6 k €↓
2019
Annual accounts 2019147,6 k €↑
2018
Annual accounts 201864,9 k €↓
2017
Annual accounts 201792,5 k €↓
2016
Annual accounts 2016127,6 k €↑
2015
Annual accounts 201573,4 k €↓
2014
Annual accounts 2014128,5 k €↑
2013
Annual accounts 201399,6 k €↓
2012
Annual accounts 2012114,9 k €↑
2011
Annual accounts 201170,5 k €↑
2010
Annual accounts 201069,8 k €↑
2009
Annual accounts 200930,5 k €↑
2008
Annual accounts 200824,9 k €↓
2007
Annual accounts 200799,2 k €↑
2006
Annual accounts 200660,2 k €

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

IMAGE BUILDING

Overview

What does IMAGE BUILDING do?

Trend over 19 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Similar companies

Similar companies

Timeline