ACTIVE

Imm'ES

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Financial year 2025 · closed on 31/12/2025
Net result
21,9 k €
-24.3% YoY
Gross margin
84,2 k €
-1.1% YoY
Equity
407,3 k €
+0.3% YoY

What does Imm'ES do?

Imm'ES is a Private limited company incorporated in 2012. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Ninove.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0848.344.974
Incorporation
31/08/2012
Legal form
Private limited company
Registered office
Albertlaan 264
9400 Ninove · FlandreSee on map
Contributed capital
41 814,89 €
Latest accounts
31/12/2025
Activities (NACE)
68203Rental and operating of own or leased real estate· main68203Rental and operating of own or leased real estate
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120202019201820172016201520142013
Income statement
Gross margin84,2 k €85,2 k €96,8 k €87,2 k €240,9 k €183 k €72,2 k €88,1 k €101,8 k €91 k €85,5 k €87,9 k €62,6 k €
EBITDA59,7 k €70,2 k €82,5 k €74,4 k €227,3 k €168,4 k €58,7 k €74,2 k €89 k €77,4 k €72,6 k €75,2 k €37,6 k €
Operating result26,2 k €35,9 k €37,6 k €33,1 k €185,9 k €126,4 k €18,8 k €34 k €53,6 k €42,4 k €40,9 k €43,4 k €-11,5 k €
Net result21,9 k €28,9 k €24,6 k €23,9 k €125,8 k €96 k €11,1 k €35,2 k €31,4 k €24,8 k €123 k €30,6 k €119,1 k €
Balance sheet
Equity407,3 k €406,1 k €412,5 k €435,2 k €463,3 k €337,5 k €250,6 k €239,5 k €215,4 k €184 k €159,3 k €240,5 k €209,9 k €
Total assets420,2 k €431,6 k €427,6 k €470,9 k €486,1 k €355,8 k €280,8 k €282,9 k €260,5 k €270,1 k €419,6 k €393,9 k €293,4 k €
Cash11,3 k €33,6 k €303 k €320,8 k €345,8 k €164,6 k €77 k €43,5 k €58,8 k €69,6 k €244,5 k €199,2 k €141 k €
Debts9,6 k €20,1 k €7,8 k €26,4 k €20,2 k €11 k €18,3 k €26,3 k €21,6 k €40,9 k €220 k €105,1 k €28,6 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 · 4 active · 4 ended

Active mandates

Brigitte Van Cutsem

Director

Active
Frederic Van Cutsem

Director

Active
Jacques Van Cutsem

Director

Active
Philippe Van Cutsem

Director

Active

Ended mandates

Brigitte Van Cutsem

Manager

Ended
Frederic Van Cutsem

Manager

Ended
Jacques Van Cutsem

Manager

Ended
Philippe Van Cutsem

Manager

Ended
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 date27/07/202618/07/202525/07/202417/08/202319/08/202216/08/2021
General meeting06/06/202607/06/202508/06/202410/06/202311/06/202212/06/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202506/06/202627/07/2026DutchPDF
Micro model31/12/202407/06/202518/07/2025DutchPDF
Micro model31/12/202308/06/202425/07/2024DutchPDF
Micro model31/12/202210/06/202317/08/2023DutchPDF
Micro model31/12/202111/06/202219/08/2022DutchPDF
Micro model31/12/202012/06/202116/08/2021DutchPDF
Micro model31/12/201913/06/202021/08/2020DutchPDF
Micro model31/12/201826/05/201921/08/2019DutchPDF
Micro model31/12/201727/05/201813/06/2018DutchPDF
Micro model31/12/201628/05/201719/06/2017DutchPDF
Abridged model31/12/201511/06/201628/07/2016DutchPDF
Abridged model31/12/201413/06/201515/07/2015DutchPDF
Abridged model31/12/201314/06/201424/06/2014DutchPDF
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 · 4 active · 4 ended

Active mandates

Brigitte Van Cutsem

Director

Active
Frederic Van Cutsem

Director

Active
Jacques Van Cutsem

Director

Active
Philippe Van Cutsem

Director

Active

Ended mandates

Brigitte Van Cutsem

Manager

Ended
Frederic Van Cutsem

Manager

Ended
Jacques Van Cutsem

Manager

Ended
Philippe Van Cutsem

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/09/2012
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 202521,9 k €↓
  2. 2024
    Annual accounts 202428,9 k €↑
  3. 2023
    Annual accounts 202324,6 k €↑
  4. 2022
    Annual accounts 202223,9 k €↓
  5. 2021
    Annual accounts 2021125,8 k €↑
  6. 2020
    Annual accounts 202096 k €↑
  7. 2019
    Annual accounts 201911,1 k €↓
  8. 2018
    Annual accounts 201835,2 k €↑
  9. 2017
    Annual accounts 201731,4 k €↑
  10. 2016
    Annual accounts 201624,8 k €↓
  11. 2015
    Annual accounts 2015123 k €↑
  12. 2014
    Annual accounts 201430,6 k €↓
  13. 2013
    Annual accounts 2013119,1 k €
  14. 31/08/2012
    IncorporationPrivate limited company