ACTIVE

IVECA TECHNICS

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Financial year 2025 · closed on 31/12/2025

Net result

44,2 k €

-39.2% YoY

Revenue

13,7 M €

+7.4% YoY

Equity

2,7 M €

+1.6% YoY

Workforce

44,8 ETP

-8.2% YoY

What does IVECA TECHNICS do?

IVECA TECHNICS is a Public limited company incorporated in 1937. Its registered office is in Oudenaarde. It employs on average 44,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.265.208

Incorporation

16/08/1937

Legal form

Public limited company

Registered office

Watermolenstraat 5
9700 Oudenaarde · FlandreSee on map

Contributed capital

1 980 199,16 €

Latest accounts

31/12/2025

Average workforce

44,8 ETP

Joint committees (4)

124
14901
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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
Revenue	13,7 M €	+7.4%	12,7 M €	+7.0%	11,9 M €	-14.0%	13,8 M €	+14.9%	12 M €	+4.8%	11,5 M €	+5.9%	10,9 M €	-0.4%	10,9 M €	-19.9%	13,6 M €	-0.1%	13,6 M €	+10.6%	12,3 M €	+40.1%	8,8 M €	-2.3%	9 M €	+108%	4,3 M €	+28.4%	3,4 M €	-6.3%	3,6 M €	+12.0%	3,2 M €	-17.0%	3,9 M €	-5.7%	4,1 M €	-18.9%	5,1 M €
EBITDA	235,1 k €	+3.9%	226,3 k €	-50.8%	460,1 k €	-51.7%	952,7 k €	+33.3%	714,6 k €	-14.2%	832,8 k €	-0.6%	837,6 k €	-7.4%	904,5 k €	+72.3%	524,9 k €	+23.3%	425,6 k €	+17.4%	362,4 k €	+11.9%	323,8 k €	+317%	77,7 k €	+161%	-127,7 k €	-154%	237,8 k €	+42.4%	166,9 k €	+269%	-98,9 k €	+33.2%	-147,9 k €	-347%	59,9 k €	-36.5%	94,3 k €
Operating result	79 k €	-44.5%	142,3 k €	+24.7%	114,2 k €	-60.6%	289,4 k €	+88.9%	153,2 k €	-47.6%	292,3 k €	+132%	126,1 k €	-60.9%	322,2 k €	+35.5%	237,9 k €	+183%	84 k €	+31.8%	63,7 k €	+51.4%	42,1 k €	+117%	-246,8 k €	+10.5%	-275,6 k €	-408%	89,5 k €	+1205%	6,9 k €	+103%	-204,7 k €	+17.1%	-247 k €	-526%	-39,4 k €	-231%	-11,9 k €
Net result	44,2 k €	-39.2%	72,6 k €	+47.0%	49,4 k €	-72.3%	178,4 k €	-47.2%	338,1 k €	+79.2%	188,7 k €	+213%	60,3 k €	-78.3%	277,9 k €	+58.4%	175,5 k €	+5755%	3 k €	+263%	-1,8 k €	+92.7%	-25 k €	+90.8%	-272,8 k €	+5.9%	-290 k €	-386%	101,2 k €	+396%	20,4 k €	+112%	-164 k €	+22.8%	-212,4 k €	-792%	-23,8 k €	-133%	72,3 k €
Balance sheet
Equity	2,7 M €	+1.6%	2,7 M €	+2.8%	2,6 M €	+1.9%	2,6 M €	+7.5%	2,4 M €	+21.4%	2 M €	+10.6%	1,8 M €	+3.5%	1,7 M €	+19.3%	1,4 M €	+13.9%	1,3 M €	+0.2%	1,3 M €	-0.1%	1,3 M €	-1.9%	1,3 M €	-17.3%	1,6 M €	-15.7%	1,9 M €	+5.8%	1,7 M €	+1.2%	1,7 M €	-8.7%	1,9 M €	-10.1%	2,1 M €	-1.1%	2,1 M €
Total assets	5,8 M €	+6.8%	5,4 M €	-6.4%	5,8 M €	-7.2%	6,2 M €	-9.7%	6,9 M €	-21.1%	8,8 M €	+26.1%	7 M €	+12.8%	6,2 M €	-8.7%	6,8 M €	-0.1%	6,8 M €	-6.2%	7,2 M €	+26.7%	5,7 M €	-1.0%	5,7 M €	+106%	2,8 M €	-30.5%	4 M €	+41.4%	2,8 M €	-13.5%	3,3 M €	+1.7%	3,2 M €	-3.5%	3,3 M €	-11.3%	3,8 M €
Cash	168,8 k €	-48.0%	324,9 k €	+8.3%	300 k €	+38.7%	216,3 k €	+11.4%	194,1 k €	-68.1%	608,2 k €	+150%	243,4 k €	-37.7%	390,9 k €	-25.2%	522,9 k €	+83.4%	285,1 k €	-30.6%	410,8 k €	+80.1%	228,1 k €	-19.1%	282,1 k €	+904%	28,1 k €	+8.6%	25,9 k €	+12.5%	23 k €	+2.1%	22,5 k €	+28.1%	17,6 k €	-92.5%	233,6 k €	+294%	59,3 k €
Debts	3,1 M €	+12.0%	2,7 M €	-14.0%	3,2 M €	-13.6%	3,7 M €	-18.6%	4,5 M €	-33.5%	6,8 M €	+31.4%	5,2 M €	+16.4%	4,4 M €	-16.3%	5,3 M €	-3.3%	5,5 M €	-7.5%	5,9 M €	+36.2%	4,4 M €	-0.8%	4,4 M €	+261%	1,2 M €	-43.3%	2,1 M €	+99.3%	1,1 M €	-29.4%	1,5 M €	+17.5%	1,3 M €	+6.1%	1,2 M €	-24.7%	1,6 M €
Other
Workforce	44,8 ETP	-8.2%	48,8 ETP	-10.8%	54,7 ETP	-9.1%	60,2 ETP	-9.5%	66,5 ETP	+19.6%	55,6 ETP	-2.6%	57,1 ETP	-7.0%	61,4 ETP	-31.1%	89,1 ETP	-3.5%	92,3 ETP	+5.4%	87,6 ETP	+31.5%	66,6 ETP	+19.8%	55,6 ETP	+187%	19,4 ETP	-3.0%	20,0 ETP	-15.6%	23,7 ETP	-7.4%	25,6 ETP	-19.5%	31,8 ETP	-19.7%	39,6 ETP	-8.5%	43,3 ETP

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

IKASO

Director · since 30 juin 2021 · until 05 juin 2027 · 0448.969.844

Represented by GEERT VERSTRAETE

Active

ISABEL VERSTRAETE

Director · since 01 janvier 2017 · until 05 juin 2027

Active

ARNAUD CORNILLE

Managing director · since 10 octobre 2016 · until 05 juin 2027

Active

Ended mandates

COFINCO

Director · since 04 mai 2017 · until 03 juin 2023 · 0464.397.495

Represented by MICHEL VAN HECKE

Ended

GEERT VERSTRAETE

Chairman of the board of directors · since 04 mai 2017 · until 30 juin 2021

Ended

GEERT VERSTRAETE

Chairman of the board of directors · since 04 mai 2017 · until 03 juin 2023

Ended

GEERT VERSTRAETE

Director · since 04 mai 2017 · until 03 juin 2023

Ended

At this address

Other companies at this address

Company	CBE no.
A.Z.-infra● Bankrupt	0754.983.068
infracom cablesystems● Bankrupt	0759.502.278
THV Feestverlichting Vervande● Active	0893.032.082

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	29/06/2026	04/07/2025	04/07/2024	28/06/2023	11/07/2022	28/06/2021
General meeting	27/06/2026	28/06/2025	29/06/2024	24/06/2023	25/06/2022	26/06/2021
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

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	27/06/2026	29/06/2026	Dutch	PDF
Full model	31/12/2024	28/06/2025	04/07/2025	Dutch	PDF
Full model	31/12/2023	29/06/2024	04/07/2024	Dutch	PDF
Full model	31/12/2022	24/06/2023	28/06/2023	Dutch	PDF
Full model	31/12/2021	25/06/2022	11/07/2022	Dutch	PDF
Full model	31/12/2020	26/06/2021	28/06/2021	Dutch	PDF
Full model	31/12/2019	27/06/2020	30/06/2020	Dutch	PDF
Full model	31/12/2018	22/06/2019	04/07/2019	Dutch	PDF
Full model	31/12/2017	23/06/2018	10/07/2018	Dutch	PDF
Full model	31/12/2016	24/06/2017	19/07/2017	Dutch	PDF
Full model	31/12/2015	25/06/2016	08/07/2016	Dutch	PDF
Full model	31/12/2014	06/06/2015	29/06/2015	Dutch	PDF
Full model	31/12/2013	07/06/2014	01/07/2014	Dutch	PDF
Full model	31/12/2012	01/06/2013	27/06/2013	Dutch	PDF
Full model	31/12/2011	05/05/2012	24/05/2012	Dutch	PDF
Full model	31/12/2010	28/05/2011	21/06/2011	Dutch	PDF
Full model	31/12/2009	25/05/2010	16/06/2010	Dutch	PDF
Full model	31/12/2008	29/05/2009	16/06/2009	Dutch	PDF
Full model	31/12/2007	03/05/2008	23/05/2008	Dutch	PDF
Full modelCorrection	31/12/2006	05/05/2007	21/06/2007	Dutch	PDF
Full model	31/12/2006	05/05/2007	25/05/2007	Dutch	PDF

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

IKASO

Director · since 30 juin 2021 · until 05 juin 2027 · 0448.969.844

Represented by GEERT VERSTRAETE

Active

ISABEL VERSTRAETE

Director · since 01 janvier 2017 · until 05 juin 2027

Active

ARNAUD CORNILLE

Managing director · since 10 octobre 2016 · until 05 juin 2027

Active

Ended mandates

COFINCO

Director · since 04 mai 2017 · until 03 juin 2023 · 0464.397.495

Represented by MICHEL VAN HECKE

Ended

GEERT VERSTRAETE

Chairman of the board of directors · since 04 mai 2017 · until 30 juin 2021

Ended

GEERT VERSTRAETE

Chairman of the board of directors · since 04 mai 2017 · until 03 juin 2023

Ended

GEERT VERSTRAETE

Director · since 04 mai 2017 · until 03 juin 2023

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares25/06/2025
KAPITAAL - AANDELEN
PDF
Mandates25/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring26/07/2021
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring02/06/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates29/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/06/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/06/2017
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 202544,2 k €↓
2024
Annual accounts 202472,6 k €↑
2023
Annual accounts 202349,4 k €↓
2022
Annual accounts 2022178,4 k €↓
2021
Annual accounts 2021338,1 k €↑
2020
Annual accounts 2020188,7 k €↑
2019
Annual accounts 201960,3 k €↓
2018
Annual accounts 2018277,9 k €↑
2017
Annual accounts 2017175,5 k €↑
2016
Annual accounts 20163 k €↑
2015
Annual accounts 2015-1,8 k €↑
2014
Annual accounts 2014-25 k €↑
2013
Annual accounts 2013-272,8 k €↑
2012
Annual accounts 2012-290 k €↓
2012
Name changeIVECA TECHNICS
2011
Annual accounts 2011101,2 k €↑
2010
Annual accounts 201020,4 k €↑
2009
Annual accounts 2009-164 k €↑
2008
Annual accounts 2008-212,4 k €↓
2007
Annual accounts 2007-23,8 k €↓
2006
Annual accounts 200672,3 k €
2006
Name changeINDUSTRIELE WERKEN VERSTRAETE
16/08/1937
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

IVECA TECHNICS

Overview

What does IVECA TECHNICS 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