ACTIVE

IMMAR

Financial year 2025 · closed on 31/12/2025
Net result
56,5 k €
+10.7% YoY
Gross margin
121,5 k €
+12.4% YoY
Equity
1,1 M €
+5.5% YoY

What does IMMAR do?

IMMAR is a Public limited company incorporated in 1990. Its main activity is: Management consultancy activities. Its registered office is in Ixelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0441.045.637
Incorporation
13/06/1990
Legal form
Public limited company
Registered office
Rue François Roffiaen 11
1050 Ixelles · BruxellesSee on map
Contributed capital
520 576,40 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021201820172016201520142013201220112010200920082007200620052004
Income statement
Gross margin121,5 k €108,1 k €126 k €156,6 k €55,6 k €57,8 k €57,7 k €105,4 k €101,2 k €103,1 k €100 k €100,3 k €48,8 k €49,9 k €38,5 k €25,9 k €30 k €29,1 k €28,3 k €29,1 k €
EBITDA113,5 k €100,4 k €119,1 k €150,3 k €49,8 k €52,6 k €51,8 k €99,8 k €96,3 k €98,3 k €95,3 k €95,8 k €44,3 k €45,5 k €34,1 k €22,1 k €23,4 k €24,7 k €18,1 k €13,2 k €
Operating result83,2 k €74,2 k €98,6 k €141,9 k €33 k €19,8 k €14,2 k €22,1 k €18,9 k €20,9 k €17,9 k €20,2 k €-23,4 k €-22,1 k €-33,5 k €-57,4 k €-56,1 k €-53,3 k €-57,5 k €-52,8 k €
Net result56,5 k €51 k €76 k €137,7 k €38,9 k €19,8 k €14,2 k €22,1 k €18,9 k €20,9 k €17,9 k €20,2 k €-23,4 k €-22,1 k €-33,5 k €-57,4 k €-56,1 k €-48,3 k €37,3 k €-9,8 k €
Balance sheet
Equity1,1 M €1 M €974,1 k €898,1 k €760,4 k €652,5 k €632,7 k €618,5 k €596,4 k €577,5 k €556,5 k €538,6 k €518,4 k €541,8 k €563,8 k €597,3 k €654,6 k €710,7 k €759 k €721,7 k €
Total assets1,1 M €1,1 M €1 M €913,8 k €764,3 k €658,7 k €691,6 k €729,2 k €800 k €877,3 k €954,7 k €1 M €1 M €1,1 M €1,1 M €1,2 M €1,3 M €1,4 M €1,4 M €1,7 M €
Cash93,5 k €245,7 k €143,8 k €1,7 k €1,7 k €1,7 k €1,7 k €1,7 k €1,7 k €1,7 k €1,7 k €1,7 k €1,7 k €1,7 k €1,7 k €1,7 k €1,7 k €9,8 k €9,2 k €11,3 k €
Debts20,4 k €37,8 k €48,9 k €15,7 k €4 k €6,2 k €58,9 k €110,7 k €203,6 k €299,9 k €398,2 k €475,5 k €492,7 k €535,5 k €581 k €600,1 k €592,2 k €610,7 k €640,7 k €964,5 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 16 ended

Active mandates

Felipe del Marmol

Director · since 01 avril 2015

Active
Manuela Van Campenhout

Director · since 01 avril 2015

Active
Miguel del Marmol

Managing director · since 01 avril 2015

Active

Ended mandates

Camille del Marmol

Director · since 01 avril 2015 · until 31 mars 2021

Ended
Camille del Marmol

Director · since 01 avril 2015

Ended
Camille del Marmol

Manager · since 01 avril 2015

Ended
Felipe del Marmol

Director · since 01 avril 2015 · until 30 avril 2021

Ended
At this address

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CompanyCBE no.
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0441.045.340
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0795.350.213
CIT CASOARActive
0739.910.753
LAMAActive
0441.045.934
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro 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 date30/06/202628/07/202531/05/202405/05/202320/05/202202/04/2021
General meeting01/04/202601/04/202501/04/202401/04/202301/04/202201/04/2021
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

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202501/04/202630/06/2026FrenchPDF
Micro model31/12/202401/04/202528/07/2025FrenchPDF
Micro model31/12/202301/04/202431/05/2024FrenchPDF
Micro model31/12/202201/04/202305/05/2023FrenchPDF
Micro model31/12/202101/04/202220/05/2022FrenchPDF
Micro model31/12/202001/04/202102/04/2021FrenchPDF
Micro model31/12/201901/04/202006/04/2020FrenchPDF
Micro model31/12/201801/04/201912/04/2019FrenchPDF
Micro model31/12/201703/04/201818/05/2018FrenchPDF
Micro model31/12/201601/04/201709/06/2017FrenchPDF
Abridged model31/12/201501/04/201628/09/2016FrenchPDF
Abridged model31/12/201401/04/201508/05/2015FrenchPDF
Abridged model31/12/201301/04/201408/05/2015FrenchPDF
Abridged model31/12/201202/04/201329/11/2013FrenchPDF
Abridged model31/12/201102/04/201229/11/2013FrenchPDF
Abridged model31/12/201001/04/201129/11/2013FrenchPDF
Abridged model31/12/200901/04/201029/11/2013FrenchPDF
Abridged model31/12/200801/04/200916/09/2009FrenchPDF
Abridged model31/12/200701/04/200813/08/2008FrenchPDF
Abridged model31/12/200611/01/200813/02/2008FrenchPDF
Abridged model31/12/200511/01/200813/02/2008FrenchPDF
Abridged model31/12/200411/01/200813/02/2008FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 16 ended

Active mandates

Felipe del Marmol

Director · since 01 avril 2015

Active
Manuela Van Campenhout

Director · since 01 avril 2015

Active
Miguel del Marmol

Managing director · since 01 avril 2015

Active

Ended mandates

Camille del Marmol

Director · since 01 avril 2015 · until 31 mars 2021

Ended
Camille del Marmol

Director · since 01 avril 2015

Ended
Camille del Marmol

Manager · since 01 avril 2015

Ended
Felipe del Marmol

Director · since 01 avril 2015 · until 30 avril 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates19/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/07/2022
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates14/07/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/05/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/10/2009
    SIEGE SOCIAL - 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 202556,5 k €
  2. 2024
    Annual accounts 202451 k €
  3. 2023
    Annual accounts 202376 k €
  4. 2022
    Annual accounts 2022137,7 k €
  5. 2021
    Annual accounts 202138,9 k €
  6. 2018
    Annual accounts 201819,8 k €
  7. 2017
    Annual accounts 201714,2 k €
  8. 2016
    Annual accounts 201622,1 k €
  9. 2015
    Annual accounts 201518,9 k €
  10. 2014
    Annual accounts 201420,9 k €
  11. 2013
    Annual accounts 201317,9 k €
  12. 2012
    Annual accounts 201220,2 k €
  13. 2011
    Annual accounts 2011-23,4 k €
  14. 2010
    Annual accounts 2010-22,1 k €
  15. 2009
    Annual accounts 2009-33,5 k €
  16. 2008
    Annual accounts 2008-57,4 k €
  17. 2007
    Annual accounts 2007-56,1 k €
  18. 2006
    Annual accounts 2006-48,3 k €
  19. 2005
    Annual accounts 200537,3 k €
  20. 2004
    Annual accounts 2004-9,8 k €
  21. 13/06/1990
    IncorporationPublic limited company