ACTIVE

IMORL

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Financial year 2025 · closed on 30/09/2025

Net result

4,1 k €

+35.7% YoY

Gross margin

17,2 k €

+32.3% YoY

Equity

269 k €

+1.6% YoY

Workforce

0,0 ETP

What does IMORL do?

IMORL is a Public limited company incorporated in 1991. Its main activity is: Management consultancy activities. Its registered office is in Roeselare.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.444.606

Incorporation

26/02/1991

Legal form

Public limited company

Registered office

Godshuislaan 24-26
8800 Roeselare · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

30/09/2025

Average workforce

0,0 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 41101Development of building projects 68121Buying and selling of own real estate 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate+1

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	17,2 k €	+32.3%	13 k €	-11.8%	14,7 k €	-63.8%	40,6 k €	-41.5%	69,5 k €	-13.1%	79,9 k €	+5.8%	75,6 k €	-6.4%	80,8 k €	+3.4%	78,1 k €	+12.8%	69,2 k €	+23.3%	56,1 k €	+24.7%	45 k €	-2.7%	46,2 k €	+7.7%	42,9 k €	-28.3%	59,9 k €	-12.9%	68,7 k €	+7.6%	63,8 k €
EBITDA	4,3 k €	+537%	682,4 €	-80.5%	3,5 k €	-69.1%	11,3 k €	-27.5%	15,6 k €	-27.7%	21,6 k €	-18.1%	26,4 k €	+23.5%	21,3 k €	+27.7%	16,7 k €	+40.4%	11,9 k €	+3121%	369,6 €	-95.5%	8,3 k €	-61.3%	21,3 k €	-7.0%	22,9 k €	+52.3%	15 k €	-33.7%	22,7 k €	+1.8%	22,3 k €
Operating result	4,3 k €	+537%	682,4 €	-27.6%	943,1 €	+287%	-503,5 €	+58.1%	-1,2 k €	-172%	1,7 k €	-76.0%	7 k €	+170%	2,6 k €	-17.6%	3,1 k €	+647%	421 €	+106%	-6,8 k €	-264%	4,1 k €	-32.1%	6,1 k €	+8.1%	5,6 k €	+351%	-2,2 k €	-142%	5,3 k €	+17.5%	4,5 k €
Net result	4,1 k €	+35.7%	3 k €	+44.5%	2,1 k €	+171%	775,8 €	+419%	-243,1 €	-128%	855 €	-86.8%	6,5 k €	+372%	1,4 k €	-55.2%	3,1 k €	+850%	323,3 €	+105%	-6,8 k €	-284%	3,7 k €	-38.3%	6 k €	+9.2%	5,5 k €	+356%	-2,2 k €	-142%	5,1 k €	+22.0%	4,2 k €
Balance sheet
Equity	269 k €	+1.6%	264,8 k €	+1.2%	261,8 k €	+0.8%	259,7 k €	+0.3%	258,9 k €	+0.4%	257,9 k €	+0.3%	257,1 k €	+2.6%	250,6 k €	+0.6%	249,2 k €	+1.2%	246,1 k €	+0.1%	245,8 k €	+4.0%	236,4 k €	+1.6%	232,7 k €	+2.7%	226,7 k €	+2.5%	221,1 k €	-1.0%	223,3 k €	+2.4%	218,1 k €
Total assets	942,8 k €	+0.8%	935,2 k €	+0.3%	932,2 k €	-0.0%	932,7 k €	+8.0%	863,9 k €	+49.3%	578,8 k €	+19.6%	483,7 k €	-10.5%	540,3 k €	+25.4%	430,8 k €	+20.9%	356,2 k €	+4.2%	342 k €	+5.5%	324,1 k €	+4.1%	311,4 k €	+18.6%	262,6 k €	+2.8%	255,4 k €	-9.6%	282,5 k €	-8.1%	307,4 k €
Cash	35,6 k €	+50.9%	23,6 k €	+49.5%	15,8 k €	-67.3%	48,2 k €	+183%	17,1 k €	-12.1%	19,4 k €	+2017%	916,6 €	-95.4%	20,1 k €	+239%	5,9 k €	-52.8%	12,5 k €	-35.0%	19,3 k €	-42.3%	33,5 k €	+113%	15,7 k €	+9.1%	14,4 k €	+82.7%	7,9 k €	-45.9%	14,5 k €	+62.0%	9 k €
Debts	673,8 k €	+0.5%	670,4 k €	-0.0%	670,4 k €	-0.3%	672,2 k €	+11.2%	604,5 k €	+88.5%	320,7 k €	+41.5%	226,7 k €	-21.7%	289,7 k €	+59.5%	181,6 k €	+64.9%	110,1 k €	+14.5%	96,2 k €	+9.7%	87,6 k €	+11.3%	78,7 k €	+119%	36 k €	+4.8%	34,3 k €	-42.0%	59,2 k €	-33.7%	89,2 k €
Other
Workforce	0,0 ETP		–		0,0 ETP	-100%	0,3 ETP	-70.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+100%	0,5 ETP	0.0%	0,5 ETP	-50.0%	1,0 ETP	-37.5%	1,6 ETP	+60.0%	1,0 ETP	0.0%	1,0 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 30/09/2025 · 2 active · 6 ended

Active mandates

Bernard Vauterin

Managing director

Active

ELLEN VAUTERIN

Director

Active

Ended mandates

Bernard Vauterin

Managing director · since 03 mars 2018 · until 02 mars 2024

Ended

Ellen Vauterin

Director · since 03 mars 2018 · until 02 mars 2024

Ended

Bernard Vauterin

Managing director · since 04 mars 2006 · until 07 mars 2012

Ended

Ellen Vauterin

Director · since 04 mars 2006 · until 07 mars 2012

Ended

At this address

Other companies at this address

Company	CBE no.
Vogelvoeder Orlux● Liquidation	0405.585.011

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/04/2026	28/05/2025	30/04/2024	26/05/2023	31/05/2022	30/04/2021
General meeting	07/03/2026	01/03/2025	02/03/2024	04/03/2023	05/03/2022	06/03/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	07/03/2026	30/04/2026	Dutch	PDF
Micro model	30/09/2024	01/03/2025	28/05/2025	Dutch	PDF
Abridged model	30/09/2023	02/03/2024	30/04/2024	Dutch	PDF
Abridged model	30/09/2022	04/03/2023	26/05/2023	Dutch	PDF
Abridged model	30/09/2021	05/03/2022	31/05/2022	Dutch	PDF
Abridged model	30/09/2020	06/03/2021	30/04/2021	Dutch	PDF
Abridged model	30/09/2019	07/03/2020	29/05/2020	Dutch	PDF
Abridged model	30/09/2018	02/03/2019	27/05/2019	Dutch	PDF
Abridged model	30/09/2017	03/03/2018	31/05/2018	Dutch	PDF
Abridged model	30/09/2016	01/03/2017	30/05/2017	Dutch	PDF
Abridged model	30/09/2015	05/03/2016	26/05/2016	Dutch	PDF
Abridged model	30/09/2014	07/03/2015	29/05/2015	Dutch	PDF
Abridged model	30/09/2012	02/03/2013	11/06/2013	Dutch	PDF
Abridged model	30/09/2011	03/03/2012	19/06/2012	Dutch	PDF
Abridged model	30/09/2010	05/03/2011	29/03/2011	Dutch	PDF
Abridged model	30/09/2009	06/03/2010	08/03/2010	Dutch	PDF
Abridged model	30/09/2008	07/03/2009	13/03/2009	Dutch	PDF
Abridged model	30/09/2007	01/03/2008	11/04/2008	Dutch	PDF
Abridged model	30/09/2006	03/03/2007	30/03/2007	Dutch	PDF

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 30/09/2025 · 2 active · 6 ended

Active mandates

Bernard Vauterin

Managing director

Active

ELLEN VAUTERIN

Director

Active

Ended mandates

Bernard Vauterin

Managing director · since 03 mars 2018 · until 02 mars 2024

Ended

Ellen Vauterin

Director · since 03 mars 2018 · until 02 mars 2024

Ended

Bernard Vauterin

Managing director · since 04 mars 2006 · until 07 mars 2012

Ended

Ellen Vauterin

Director · since 04 mars 2006 · until 07 mars 2012

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/07/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/04/2010
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

2025
Annual accounts 20254,1 k €↑
2024
Annual accounts 20243 k €↑
2023
Annual accounts 20232,1 k €↑
2022
Annual accounts 2022775,8 €↑
2021
Annual accounts 2021-243,1 €↓
2019
Annual accounts 2019855 €↓
2018
Annual accounts 20186,5 k €↑
2017
Annual accounts 20171,4 k €↓
2016
Annual accounts 20163,1 k €↑
2015
Annual accounts 2015323,3 €↑
2014
Annual accounts 2014-6,8 k €↓
2012
Annual accounts 20123,7 k €↓
2011
Annual accounts 20116 k €↑
2010
Annual accounts 20105,5 k €↑
2009
Annual accounts 2009-2,2 k €↓
2008
Annual accounts 20085,1 k €↑
2007
Annual accounts 20074,2 k €
26/02/1991
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

IMORL

Overview

What does IMORL do?

Trend over 17 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