ACTIVE

IMMOMASTER

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Financial year 2025 · closed on 31/12/2025

Net result

-20,1 k €

+66.2% YoY

Gross margin

176 k €

+15.0% YoY

Equity

-165,5 k €

-13.8% YoY

What does IMMOMASTER do?

IMMOMASTER is a Public limited company incorporated in 1994. Its registered office is in Zemst.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.698.505

Incorporation

18/05/1994

Legal form

Public limited company

Registered office

Brouwershof 7
1980 Zemst · FlandreSee on map

Contributed capital

108 500,00 €

Latest accounts

31/12/2025

Signals

Positive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	176 k €	+15.0%	153,1 k €	+43.1%	106,9 k €	+31.6%	81,3 k €	+1213%	-7,3 k €	-109%	78,5 k €	+23.1%	63,8 k €	-40.9%	107,9 k €	+51.0%	71,5 k €	-12.1%	81,3 k €	+27.2%	64 k €	+17.3%	54,5 k €	-2.8%	56,1 k €	+63.8%	34,3 k €	-26.5%	46,6 k €	-12.3%	53,2 k €	-18.3%	65,1 k €	+29.2%	50,3 k €	+25.8%	40 k €	+16.6%	34,3 k €
EBITDA	162,6 k €	+15.7%	140,5 k €	+69.9%	82,7 k €	+13.9%	72,6 k €	+566%	-15,6 k €	-122%	69,9 k €	+25.2%	55,8 k €	-43.8%	99,2 k €	+63.0%	60,9 k €	-20.4%	76,5 k €	+33.3%	57,4 k €	+14.9%	49,9 k €	-2.1%	51 k €	+70.2%	30 k €	-29.7%	42,6 k €	-11.3%	48,1 k €	-21.3%	61 k €	+31.4%	46,5 k €	+29.2%	36 k €	+21.6%	29,6 k €
Operating result	35,2 k €	+443%	6,5 k €	+114%	-46,5 k €	-93.9%	-24 k €	+70.0%	-79,9 k €	-10327%	781,4 €	+106%	-13,8 k €	-142%	32,5 k €	+335%	-13,8 k €	-186%	16,1 k €	+294%	-8,3 k €	-136%	23 k €	-10.5%	25,7 k €	+1011%	2,3 k €	-88.1%	19,5 k €	-28.1%	27,1 k €	-34.3%	41,3 k €	+57.4%	26,3 k €	+18.5%	22,2 k €	+82.5%	12,1 k €
Net result	-20,1 k €	+66.2%	-59,4 k €	+34.6%	-90,9 k €	-92.4%	-47,3 k €	+49.6%	-93,7 k €	-547%	-14,5 k €	+52.6%	-30,5 k €	-309%	14,6 k €	+138%	-38,7 k €	-299%	-9,7 k €	+63.5%	-26,6 k €	-263%	16,3 k €	-36.3%	25,6 k €	+1526%	-1,8 k €	-114%	13,1 k €	-15.1%	15,4 k €	-55.7%	34,8 k €	+80.9%	19,2 k €	+4.3%	18,4 k €	+19496%	94 €
Balance sheet
Equity	-165,5 k €	-13.8%	-145,4 k €	-69.1%	-86 k €	-1844%	4,9 k €	-90.6%	52,2 k €	-64.2%	145,9 k €	-9.0%	160,3 k €	-16.0%	190,9 k €	+8.3%	176,3 k €	-18.0%	215 k €	-4.3%	224,6 k €	-10.6%	251,2 k €	+6.9%	234,9 k €	+12.2%	209,4 k €	-0.8%	211,2 k €	+7.1%	197,2 k €	+8.5%	181,8 k €	+13.4%	160,4 k €	+13.6%	141,2 k €	+15.0%	122,8 k €
Total assets	1,7 M €	-7.3%	1,9 M €	-6.5%	2 M €	+1.2%	2 M €	+139%	828,2 k €	-5.6%	877,1 k €	-6.9%	942,2 k €	-8.9%	1 M €	-7.1%	1,1 M €	-6.2%	1,2 M €	-1.0%	1,2 M €	+346%	269,3 k €	+9.0%	247,2 k €	+5.1%	235,1 k €	+7.4%	218,8 k €	-3.3%	226,4 k €	+3.6%	218,4 k €	+5.3%	207,5 k €	-4.2%	216,6 k €	-4.8%	227,5 k €
Cash	11,1 k €	-47.1%	21,1 k €	-16.7%	25,3 k €	-22.8%	32,7 k €	+921%	3,2 k €	-38.9%	5,2 k €	+60.2%	3,3 k €	-88.6%	28,7 k €	-35.1%	44,3 k €	-76.2%	185,7 k €	-2.2%	189,9 k €	+309%	46,4 k €	+27.6%	36,4 k €	-28.2%	50,7 k €	+53.0%	33,1 k €	-31.4%	48,3 k €	+41.1%	34,3 k €	+297%	8,6 k €	-47.6%	16,5 k €	+68.9%	9,7 k €
Debts	1,9 M €	-5.5%	2 M €	-3.6%	2,1 M €	+6.0%	2 M €	+155%	771,8 k €	+6.0%	727,8 k €	-6.5%	778,4 k €	-7.3%	839,7 k €	-10.5%	937,7 k €	-3.7%	973,3 k €	-0.2%	975,5 k €	+5288%	18,1 k €	+48.0%	12,2 k €	-52.3%	25,6 k €	+234%	7,7 k €	-73.7%	29,2 k €	-20.4%	36,6 k €	-21.5%	46,7 k €	-37.7%	74,9 k €	-28.4%	104,7 k €

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 · 14 ended

Active mandates

INGWER

Director · since 15 février 2023 · until 15 février 2029 · 0734.418.375

Represented by Maertens Igor

Active

Ended mandates

AKWA CONSTRUCT

Director · since 01 octobre 2019 · until 16 mai 2026 · 0865.825.562

Represented by Patrick Verjans

Ended

INGWER

Director · since 01 octobre 2019 · 0734.418.375

Represented by Maertens IGOR

Ended

INGWER

Managing director · since 01 octobre 2019 · until 16 mai 2026 · 0734.418.375

Represented by Maertens Igor

Ended

INGWER

Director · since 01 octobre 2019 · 0734.418.375

Represented by Maertens IGOR

Ended

At this address

Other companies at this address

Company	CBE no.
BEMAKO HOLDING● Active	0403.625.314
De Dromenvangers● Active	1009.770.790
IMMOSTAR● Active	0448.591.643
INGWER● Active	0734.418.375
TOPTEAM● Active	0898.635.219
WEGELIGHT● Active	0874.977.117

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	17/08/2026	29/07/2025	05/07/2024	04/07/2023	02/09/2022	08/06/2021
General meeting	30/06/2026	30/06/2025	06/06/2024	06/06/2023	31/08/2022	17/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	17/08/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	29/07/2025	Dutch	PDF
Abridged model	31/12/2023	06/06/2024	05/07/2024	Dutch	PDF
Abridged model	31/12/2022	06/06/2023	04/07/2023	Dutch	PDF
Abridged model	31/12/2021	31/08/2022	02/09/2022	Dutch	PDF
Abridged model	31/12/2020	17/05/2021	08/06/2021	Dutch	PDF
Abridged model	31/12/2019	16/05/2020	01/07/2020	Dutch	PDF
Abridged model	31/12/2018	16/05/2019	20/06/2019	Dutch	PDF
Abridged model	31/12/2017	16/05/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	16/05/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	16/05/2016	26/07/2016	Dutch	PDF
Abridged model	31/12/2014	16/05/2015	12/08/2015	Dutch	PDF
Abridged model	31/12/2013	16/05/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	16/05/2013	23/07/2013	Dutch	PDF
Abridged model	31/12/2011	16/05/2012	09/07/2012	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	20/07/2011	Dutch	PDF
Abridged model	31/12/2009	16/05/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	16/05/2009	28/08/2009	Dutch	PDF
Abridged model	31/12/2007	16/05/2008	30/08/2008	Dutch	PDF
Abridged model	31/12/2006	16/05/2007	30/08/2007	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 31/12/2025 · 1 active · 14 ended

Active mandates

INGWER

Director · since 15 février 2023 · until 15 février 2029 · 0734.418.375

Represented by Maertens Igor

Active

Ended mandates

AKWA CONSTRUCT

Director · since 01 octobre 2019 · until 16 mai 2026 · 0865.825.562

Represented by Patrick Verjans

Ended

INGWER

Director · since 01 octobre 2019 · 0734.418.375

Represented by Maertens IGOR

Ended

INGWER

Managing director · since 01 octobre 2019 · until 16 mai 2026 · 0734.418.375

Represented by Maertens Igor

Ended

INGWER

Director · since 01 octobre 2019 · 0734.418.375

Represented by Maertens IGOR

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates25/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/10/2019
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares10/02/2012
KAPITAAL - AANDELEN
PDF
Mandates23/11/2011
ONTSLAGEN - BENOEMINGEN
PDF
Registered office18/03/2010
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/12/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/10/2005
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

2025
Annual accounts 2025-20,1 k €↑
2024
Annual accounts 2024-59,4 k €↑
2023
Annual accounts 2023-90,9 k €↓
2022
Annual accounts 2022-47,3 k €↑
2021
Annual accounts 2021-93,7 k €↓
2020
Annual accounts 2020-14,5 k €↑
2019
Annual accounts 2019-30,5 k €↓
2018
Annual accounts 201814,6 k €↑
2017
Annual accounts 2017-38,7 k €↓
2016
Annual accounts 2016-9,7 k €↑
2015
Annual accounts 2015-26,6 k €↓
2014
Annual accounts 201416,3 k €↓
2013
Annual accounts 201325,6 k €↑
2012
Annual accounts 2012-1,8 k €↓
2011
Annual accounts 201113,1 k €↓
2010
Annual accounts 201015,4 k €↓
2009
Annual accounts 200934,8 k €↑
2008
Annual accounts 200819,2 k €↑
2007
Annual accounts 200718,4 k €↑
2006
Annual accounts 200694 €
18/05/1994
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

IMMOMASTER

Overview

What does IMMOMASTER do?

Trend over 20 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