ACTIVE

ILIAS SOLUTIONS

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Financial year 2025 · closed on 31/12/2025

Net result

6,6 M €

+82.2% YoY

Revenue

43,7 M €

+7.9% YoY

Equity

5,4 M €

-38.5% YoY

Workforce

30,6 ETP

-1.3% YoY

What does ILIAS SOLUTIONS do?

ILIAS SOLUTIONS is a Public limited company incorporated in 1959. Its registered office is in Machelen (Brab.). It employs on average 30,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0405.937.080

Incorporation

20/03/1959

Legal form

Public limited company

Registered office

Hermeslaan 1B
1831 Machelen (Brab.) · FlandreSee on map

Contributed capital

500 000,00 €

Latest accounts

31/12/2025

Average workforce

30,6 ETP

Joint committees (1)

20000

Contacts

3 public details availableLog in to view

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2025		2024		2023		2022		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	43,7 M €	+7.9%	40,5 M €	+45.5%	27,8 M €	+51.6%	18,4 M €	+9.1%	16,8 M €		–		–		–		–		–		–		–		–
EBITDA	11,2 M €	+50.0%	7,5 M €	+36.4%	5,5 M €	+326%	1,3 M €	-40.3%	2,2 M €	+431%	406,5 k €	+141%	168,4 k €	-63.1%	456,2 k €	+16.2%	392,5 k €	-64.6%	1,1 M €	+13.5%	975,5 k €	-21.1%	1,2 M €	+94.8%	634,8 k €
Operating result	9 M €	+63.3%	5,5 M €	+38.8%	4 M €	+6816%	-58,8 k €	-106%	933,1 k €	+3144%	28,8 k €	+83.3%	15,7 k €	-94.9%	304,8 k €	+43.9%	211,8 k €	-65.4%	612 k €	-10.6%	684,7 k €	-16.4%	819,1 k €	+127%	360,2 k €
Net result	6,6 M €	+82.2%	3,6 M €	+41.2%	2,6 M €	+20774%	12,2 k €	-97.2%	431,5 k €	+3366%	12,5 k €	-80.6%	64,2 k €	-82.7%	371,5 k €	+115%	173 k €	-52.3%	362,4 k €	-24.2%	478,1 k €	-15.7%	567,3 k €	+143%	233,7 k €
Balance sheet
Equity	5,4 M €	-38.5%	8,7 M €	+74.5%	5 M €	+108%	2,4 M €	+10.7%	2,2 M €	-17.3%	2,6 M €	-0.1%	2,6 M €	+1.9%	2,6 M €	-3.5%	2,7 M €	+13.5%	2,4 M €	+18.2%	2 M €	+31.6%	1,5 M €	+60.1%	944,4 k €
Total assets	39,8 M €	-8.7%	43,6 M €	+81.6%	24 M €	+36.4%	17,6 M €	+12.6%	15,6 M €	+254%	4,4 M €	-14.6%	5,2 M €	+8.1%	4,8 M €	+6.2%	4,5 M €	-0.9%	4,6 M €	+3.9%	4,4 M €	-15.4%	5,2 M €	+21.3%	4,3 M €
Cash	955 k €	+81.0%	527,8 k €	-84.8%	3,5 M €	+1210%	265,8 k €	-70.9%	913,4 k €	+2217%	39,4 k €	-95.9%	972,3 k €	+172%	357,3 k €	-57.2%	835 k €	+259%	232,8 k €	-83.8%	1,4 M €	+169%	533 k €	-59.2%	1,3 M €
Debts	17,4 M €	-40.3%	29,1 M €	+138%	12,3 M €	+20.1%	10,2 M €	+8.4%	9,4 M €	+422%	1,8 M €	-29.4%	2,6 M €	+18.1%	2,2 M €	+20.9%	1,8 M €	-16.7%	2,1 M €	+46.5%	1,5 M €	-41.0%	2,5 M €	+16.3%	2,1 M €
Other
Workforce	30,6 ETP	-1.3%	31,0 ETP	0.0%	31,0 ETP	+13.6%	27,3 ETP	+4.2%	26,2 ETP	+48.9%	17,6 ETP	0.0%	17,6 ETP	-1.7%	17,9 ETP	+6.5%	16,8 ETP	+13.5%	14,8 ETP	+7.2%	13,8 ETP	+16.9%	11,8 ETP	+11.3%	10,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 100 M€ and 250 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 47 ended

Active mandates

Jussi Hynninen

Director · since 01 septembre 2025 · until 01 septembre 2031

Active

Kari Vertanen

Director · since 01 septembre 2025 · until 01 septembre 2031

Active

Pekka Ruutu

Director · since 01 septembre 2025 · until 01 septembre 2031

Active

Petri Hepola

Director · since 01 septembre 2025 · until 01 septembre 2031

Active

Kuijpers Gijsbert

Director · since 30 septembre 2019 · until 01 septembre 2031

Active

Ended mandates

BESTUUR EN COORDINATIE

Director · since 17 décembre 2024 · until 27 décembre 2030 · 0445.465.273

Represented by Borgerhoff GUY

Ended

HEIJFAM

Director · since 17 décembre 2024 · until 27 décembre 2030 · 0727.388.746

Represented by Heijens KATHLEEN

Ended

Harald Kokelkoren

Bestuurder · since 06 octobre 2021 · until 08 septembre 2027

Ended

Harald Kokelkoren

Director · since 06 octobre 2021 · until 08 septembre 2027

Ended

At this address

Other companies at this address

Company	CBE no.
ContiTech Belgium● Active	0417.570.449
ILIAS Lightning BE● Active	0804.335.480

Annual accounts

Full financial information

	2025	2025	2024	2023	2022	2021
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2025	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020
Closing of the financial year	31/12/2025	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021
Length of the financial year	9 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/06/2026	25/11/2025	24/09/2024	18/09/2023	21/06/2023	21/12/2021
General meeting	10/06/2026	10/09/2025	11/09/2024	13/09/2023	14/09/2022	06/10/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	10/06/2026	24/06/2026	Dutch	PDF
Full model	31/03/2025	10/09/2025	25/11/2025	Dutch	PDF
Full model	31/03/2024	11/09/2024	24/09/2024	Dutch	PDF
Full model	31/03/2023	13/09/2023	18/09/2023	Dutch	PDF
Full modelCorrection	31/03/2022	14/09/2022	21/06/2023	Dutch	PDF
Full model	31/03/2022	14/09/2022	27/09/2022	Dutch	PDF
Full modelCorrection	31/03/2021	06/10/2021	21/12/2021	Dutch	PDF
Full model	31/03/2021	06/10/2021	15/10/2021	Dutch	PDF
Full model	31/03/2020	09/09/2020	30/09/2020	Dutch	PDF
Full model	31/03/2019	30/09/2019	29/10/2019	Dutch	PDF
Abridged model	31/03/2018	12/09/2018	31/10/2018	Dutch	PDF
Abridged model	31/03/2017	29/09/2017	31/10/2017	Dutch	PDF
Abridged model	31/03/2016	30/09/2016	31/10/2016	Dutch	PDF
Abridged model	31/03/2015	09/09/2015	07/01/2016	Dutch	PDF
Abridged model	31/03/2014	05/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/03/2013	11/09/2013	31/10/2013	Dutch	PDF
Abridged model	31/03/2012	29/09/2012	30/10/2012	Dutch	PDF
Abridged model	31/03/2011	22/09/2011	21/10/2011	Dutch	PDF
Abridged model	31/03/2010	29/09/2010	29/10/2010	Dutch	PDF
Abridged model	31/03/2009	09/09/2009	08/10/2009	Dutch	PDF
Abridged model	31/03/2008	10/09/2008	13/10/2008	Dutch	PDF
Abridged model	31/03/2007	12/09/2007	28/09/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 M€ and 250 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 · 5 active · 47 ended

Active mandates

Jussi Hynninen

Director · since 01 septembre 2025 · until 01 septembre 2031

Active

Kari Vertanen

Director · since 01 septembre 2025 · until 01 septembre 2031

Active

Pekka Ruutu

Director · since 01 septembre 2025 · until 01 septembre 2031

Active

Petri Hepola

Director · since 01 septembre 2025 · until 01 septembre 2031

Active

Kuijpers Gijsbert

Director · since 30 septembre 2019 · until 01 septembre 2031

Active

Ended mandates

BESTUUR EN COORDINATIE

Director · since 17 décembre 2024 · until 27 décembre 2030 · 0445.465.273

Represented by Borgerhoff GUY

Ended

HEIJFAM

Director · since 17 décembre 2024 · until 27 décembre 2030 · 0727.388.746

Represented by Heijens KATHLEEN

Ended

Harald Kokelkoren

Bestuurder · since 06 octobre 2021 · until 08 septembre 2027

Ended

Harald Kokelkoren

Director · since 06 octobre 2021 · until 08 septembre 2027

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates31/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares11/09/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates31/12/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/08/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/12/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other16/02/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 20256,6 M €↑
2025
Annual accounts 20253,6 M €↑
2024
Annual accounts 20242,6 M €↑
2023
Annual accounts 202312,2 k €↓
2022
Annual accounts 2022431,5 k €↑
2014
Annual accounts 201412,5 k €↓
2013
Annual accounts 201364,2 k €↓
2012
Annual accounts 2012371,5 k €↑
2011
Annual accounts 2011173 k €↓
2010
Annual accounts 2010362,4 k €↓
2009
Annual accounts 2009478,1 k €↓
2008
Annual accounts 2008567,3 k €↑
2007
Annual accounts 2007233,7 k €
20/03/1959
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

ILIAS SOLUTIONS

Overview

What does ILIAS SOLUTIONS do?

Trend over 13 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