ACTIVE

INSTITUT DE CONSEIL ET D'ETUDES EN DEVELOPPEMENT DURABLE en abrégé "ICEDD"

Financial year 2025 · Closed on 31/12/2025

Net result78,6 k €-87,4 %over 1 year
Gross margin4,1 M €-8,1 %over 1 year
Equity3,5 M €+2,3 %over 1 year
Workforce38,5 ETP-5,9 %over 1 year

Identity

Source · BCE/KBO

INSTITUT DE CONSEIL ET D'ETUDES EN DEVELOPPEMENT DURABLE en abrégé "ICEDD" is a Non-profit organization incorporated in 1961. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Namur. It employs on average 38,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0407.573.214
Incorporation
23/11/1961
Legal form
Non-profit organization
Registered office
Boulevard Frère Orban 4
5000 Namur · WallonieSee on map
Latest accounts
31/12/2025
Average workforce
38,5 ETP
Joint committees (4)
  • 100
  • 200
  • 327
  • 337
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin4,1 M €4,5 M €3,6 M €2,7 M €2,8 M €
EBITDA666,9 k €901,5 k €763,5 k €267 k €360,5 k €
Operating result65,5 k €616,2 k €532 k €92,9 k €170,2 k €
Net result78,6 k €625,3 k €513,3 k €92 k €215,7 k €
Balance sheet
Equity3,5 M €3,4 M €2,8 M €2,3 M €2,2 M €
Total assets7,5 M €7,7 M €5,3 M €3,4 M €3,4 M €
Cash2,7 M €2 M €2,2 M €887,6 k €1,1 M €
Debts1,9 M €2,5 M €2,2 M €766,5 k €835,7 k €
Other
Workforce38,5 ETP40,9 ETP33,1 ETP28,7 ETP27,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

12 active · 51 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Dominique Gusbin
Director01/03/2018 → 21/03/2030
Kristel Maasen
Director01/03/2018 → 21/03/2030
Jacques CRAHAY
Director03/02/2023 → 30/03/2029
Alizé Careme
Director01/03/2023 → 01/03/2029
Bertrand Ippersiel
Director01/03/2019 → 01/03/2029
Raphaël CAPART
Director01/07/2020 → 01/03/2029
Michel Vandergucht
Director01/03/2021 → 01/03/2027
Sylvie Meekers
Director01/03/2021 → 01/03/2027
Gauthier KEUTGEN
Secrétaire Général01/02/2021 → 31/01/2027
Emmanuel Hecquet
Director01/03/2010 → 01/03/2026
Florence VANDY
Director01/07/2020 → 01/03/2026
Jean Marie Postiaux
Chairman of the board of directors31/03/2011 → 01/03/2026Director01/01/2011 → 01/03/2026endedMandateended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jean-Pierre HANNEQUART
Director01/03/2021 → 01/03/2027
Michel VANDER GUCHT
Director01/03/2021 → 01/03/2027
Francis GHIGNY
Director01/03/2018 → 01/03/2024
Lucile DE MOT
Director01/03/2018 → 01/03/2024

Other companies at this address

Boulevard Frère Orban 4 5000 Namur
CompanyCBE no.
0543.577.310

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date20/04/202625/04/202527/03/202411/05/202313/05/202222/04/2021
General meeting26/03/202627/03/202521/03/202430/03/202331/03/202225/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/03/202620/04/2026FrenchPDF
Abridged model31/12/202427/03/202525/04/2025FrenchPDF
Abridged model31/12/202321/03/202427/03/2024FrenchPDF
Abridged model31/12/202230/03/202311/05/2023FrenchPDF
Abridged model31/12/202131/03/202213/05/2022FrenchPDF
Abridged model31/12/202025/03/202122/04/2021FrenchPDF
Abridged model31/12/201902/07/202004/07/2020FrenchPDF
Abridged model31/12/201826/03/201913/05/2019FrenchPDF
Abridged model31/12/201722/03/201811/06/2018FrenchPDF
Abridged model31/12/201623/03/201719/05/2017FrenchPDF
Abridged model31/12/201517/03/201612/05/2016FrenchPDF
Abridged model31/12/201419/03/201516/04/2015FrenchPDF
Abridged model31/12/201327/03/201417/04/2014FrenchPDF
Abridged model31/12/201229/03/201316/04/2013FrenchPDF
Abridged model31/12/201129/03/201215/06/2012FrenchPDF
Abridged model31/12/201024/03/201120/05/2011FrenchPDF
Abridged model31/12/200925/03/201029/04/2010FrenchPDF
Abridged model31/12/200826/03/200931/07/2009FrenchPDF
Abridged model31/12/200710/04/200830/06/2008FrenchPDF
Abridged model31/12/200629/03/200724/07/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2025

12 active · 51 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Dominique Gusbin
Director01/03/2018 → 21/03/2030
Kristel Maasen
Director01/03/2018 → 21/03/2030
Jacques CRAHAY
Director03/02/2023 → 30/03/2029
Alizé Careme
Director01/03/2023 → 01/03/2029
Bertrand Ippersiel
Director01/03/2019 → 01/03/2029
Raphaël CAPART
Director01/07/2020 → 01/03/2029
Michel Vandergucht
Director01/03/2021 → 01/03/2027
Sylvie Meekers
Director01/03/2021 → 01/03/2027
Gauthier KEUTGEN
Secrétaire Général01/02/2021 → 31/01/2027
Emmanuel Hecquet
Director01/03/2010 → 01/03/2026
Florence VANDY
Director01/07/2020 → 01/03/2026
Jean Marie Postiaux
Chairman of the board of directors31/03/2011 → 01/03/2026Director01/01/2011 → 01/03/2026endedMandateended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jean-Pierre HANNEQUART
Director01/03/2021 → 01/03/2027
Michel VANDER GUCHT
Director01/03/2021 → 01/03/2027
Francis GHIGNY
Director01/03/2018 → 01/03/2024
Lucile DE MOT
Director01/03/2018 → 01/03/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates11/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates03/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other09/05/2023
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates09/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/05/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates25/11/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates07/06/2019
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation1961
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Dominique Gusbin
Kristel Maasen
Jacques CRAHAY
Bertrand Ippersiel
Alizé Careme
Sylvie Meekers
Raphaël Capart
Michel Vandergucht
Gauthier KEUTGEN
Florence VANDY
Emmanuel Hecquet
Jean Marie Postiaux
and 46 more mandates
19661967196819691970197119721973197419751976197719781979198019811982198319841985198619871988198919901991199219931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030
ICEDDI.C.E.D.D.INSTITUT DE CONSEIL ET D'ETUDES EN DEVELOPPEMENT DURABLE en abrégé "ICEDD"
Boulevard Frère Orban 4, 5000 Namur
Director
Director
Director
Director
Director
Director
Director
Director
Secrétaire Général
Director
Director
Chairman of the board of directorsDirector
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Boulevard Frère Orban 4, 5000 NamurCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00082449

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
INSTITUT DE CONSEIL ET D'ETUDES EN DEVELOPPEMENT DURABLE en abrégé "ICEDD"Current
CBE
ICEDD
accounts 2024 → 2025
Accounts 2025 · 2026-00082449
I.C.E.D.D.
accounts 2021 → 2023
Accounts 2023 · 2024-00052095
INSTITUT DE CONSEIL ET D'ETUDES EN DEVELOPPEMENT DURABLE en abrégé "ICEDD"
accounts 2007 → 2020
Accounts 2020 · 2021-11000394

Events

  1. 2025
    Annual accounts 202578,6 k €↓
  2. 2024
    Annual accounts 2024625,3 k €↑
  3. 2024
    Name changeICEDD
  4. 2023
    Annual accounts 2023513,3 k €↑
  5. 2022
    Annual accounts 202292 k €↓
  6. 2021
    Annual accounts 2021215,7 k €↑
  7. 2021
    Name changeI.C.E.D.D.
  8. 2020
    Annual accounts 2020116 k €↑
  9. 2019
    Annual accounts 2019-96,5 k €↓
  10. 2018
    Annual accounts 2018124,9 k €↑
  11. 2017
    Annual accounts 2017-135,9 k €↓
  12. 2016
    Annual accounts 2016-23,3 k €↓
  13. 2015
    Annual accounts 201597,2 k €↑
  14. 2014
    Annual accounts 201449,2 k €↓
  15. 2013
    Annual accounts 201387,1 k €↑
  16. 2012
    Annual accounts 201269,9 k €↓
  17. 2011
    Annual accounts 2011186,8 k €↑
  18. 2010
    Annual accounts 2010102 k €↓
  19. 2009
    Annual accounts 2009155,8 k €↑
  20. 2008
    Annual accounts 200862,2 k €↑
  21. 2007
    Annual accounts 200711,7 k €
  22. 23/11/1961
    IncorporationNon-profit organization