diff --git a/changelogs/fragments/do-not-set-inventory-server-image-variables-when-undefined.yml b/changelogs/fragments/do-not-set-inventory-server-image-variables-when-undefined.yml
new file mode 100644
index 0000000..1538f85
--- /dev/null
+++ b/changelogs/fragments/do-not-set-inventory-server-image-variables-when-undefined.yml
@@ -0,0 +1,4 @@
+breaking_changes:
+  - >
+    inventory plugin - Don't set the server image variables (`image_id`,
+    `image_os_flavor` and `image_name`) when the server image is not defined.
diff --git a/plugins/inventory/hcloud.py b/plugins/inventory/hcloud.py
index 856e613..e1d9083 100644
--- a/plugins/inventory/hcloud.py
+++ b/plugins/inventory/hcloud.py
@@ -270,10 +270,6 @@ class InventoryModule(BaseInventoryPlugin, Constructable):
                 self.inventory.set_variable(server.name, "image_name", to_native(server.image.name))
             else:
                 self.inventory.set_variable(server.name, "image_name", to_native(server.image.description))
-        else:
-            self.inventory.set_variable(server.name, "image_id", to_native("No Image ID found"))
-            self.inventory.set_variable(server.name, "image_name", to_native("No Image Name found"))
-            self.inventory.set_variable(server.name, "image_os_flavor", to_native("No Image OS Flavor found"))
 
         # Labels
         self.inventory.set_variable(server.name, "labels", dict(server.labels))