ACTIVE

ENGICON

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Financial year 2025 · closed on 30/06/2025

Net result

-12,5 M €

-7548.4% YoY

Revenue

105,9 M €

-0.2% YoY

Equity

16,2 M €

-43.5% YoY

Workforce

225,0 ETP

+15.7% YoY

What does ENGICON do?

ENGICON is a Public limited company incorporated in 1981. Its registered office is in Harelbeke. It employs on average 225,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0421.949.505

Incorporation

06/10/1981

Legal form

Public limited company

Registered office

Broelstraat 20
8530 Harelbeke · FlandreSee on map

Contributed capital

24 102 967,25 €

Latest accounts

30/06/2025

Average workforce

225,0 ETP

Joint committees (2)

Signals

Solid equityHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	105,9 M €	-0.2%	106,1 M €	+16.6%	91 M €	-3.0%	93,8 M €	+0.9%	92,9 M €	+25.6%	74 M €	+10.4%	67 M €	-29.7%	95,3 M €	+17.4%	81,2 M €	+64.4%	49,4 M €	-1.1%	49,9 M €	+5.8%	47,2 M €	-48.8%	92,2 M €	-7.2%	99,3 M €	-12.4%	113,3 M €	+35.9%	83,4 M €	+9.6%	76,1 M €	+5.6%	72 M €	-7.2%	77,6 M €
EBITDA	-10,5 M €	-554%	2,3 M €	-27.3%	3,2 M €	+84.5%	1,7 M €	-46.6%	3,2 M €	+5.0%	3,1 M €	+901%	-384,8 k €	-124%	1,6 M €	-43.5%	2,8 M €	+409%	546,7 k €	+843%	-73,6 k €	+98.0%	-3,6 M €	-238%	2,6 M €	-78.3%	12,1 M €	+8.9%	11,1 M €	+99.4%	5,6 M €	-21.6%	7,1 M €	+44.2%	4,9 M €	-7.8%	5,3 M €
Operating result	-12,6 M €	-1677%	800,4 k €	-55.8%	1,8 M €	+37.4%	1,3 M €	-42.1%	2,3 M €	+12.8%	2 M €	+232%	-1,5 M €	-371%	564,5 k €	-71.6%	2 M €	+1008%	179,3 k €	+116%	-1,1 M €	+77.1%	-4,8 M €	-1127%	472,2 k €	-95.4%	10,2 M €	+8.0%	9,4 M €	+190%	3,3 M €	-36.0%	5,1 M €	+39.4%	3,6 M €	+0.1%	3,6 M €
Net result	-12,5 M €	-7548%	167,2 k €	-67.8%	518,5 k €	+128%	227,4 k €	-82.6%	1,3 M €	+29.2%	1 M €	+146%	-2,2 M €	-6361%	34,9 k €	-97.7%	1,5 M €	+282%	389,9 k €	+106%	-6,3 M €	-38.3%	-4,5 M €	-1764%	273,4 k €	-95.8%	6,6 M €	-1.1%	6,6 M €	+234%	2 M €	-37.5%	3,2 M €	+36.5%	2,3 M €	+8.8%	2,1 M €
Balance sheet
Equity	16,2 M €	-43.5%	28,7 M €	+0.6%	28,5 M €	+1.9%	28 M €	+0.8%	27,7 M €	+32.2%	21 M €	+36.2%	15,4 M €	-12.4%	17,6 M €	+0.2%	17,6 M €	+9.3%	16,1 M €	+15.0%	14 M €	+12.1%	12,5 M €	-26.7%	17 M €	+1.6%	16,7 M €	+25.3%	13,4 M €	-16.0%	15,9 M €	+3.9%	15,3 M €	+14.9%	13,3 M €	+9.3%	12,2 M €
Total assets	47,4 M €	-25.7%	63,9 M €	-13.3%	73,7 M €	+36.8%	53,8 M €	-2.8%	55,4 M €	+5.8%	52,4 M €	+12.4%	46,6 M €	-22.0%	59,7 M €	+15.3%	51,8 M €	+10.2%	47 M €	+39.8%	33,6 M €	-6.6%	36 M €	-19.8%	44,9 M €	-12.6%	51,3 M €	-17.6%	62,3 M €	+24.6%	50 M €	+33.3%	37,5 M €	+9.2%	34,3 M €	+17.6%	29,2 M €
Cash	9,2 M €	+2.4%	9 M €	-51.6%	18,6 M €	+49.9%	12,4 M €	+60.5%	7,7 M €	-44.4%	13,9 M €	+18.2%	11,8 M €	-40.1%	19,6 M €	+0.3%	19,6 M €	+47.6%	13,3 M €	+262%	3,7 M €	-38.9%	6 M €	+29.4%	4,6 M €	-66.9%	14 M €	-45.4%	25,7 M €	+28.2%	20 M €	+1246%	1,5 M €	-0.2%	1,5 M €	+69.1%	880,9 k €
Debts	31 M €	-11.3%	35 M €	-22.0%	44,9 M €	+76.0%	25,5 M €	-6.7%	27,3 M €	-10.5%	30,5 M €	-0.1%	30,6 M €	-25.7%	41,1 M €	+23.2%	33,4 M €	+10.5%	30,2 M €	+59.3%	19 M €	-16.9%	22,8 M €	-16.1%	27,2 M €	-20.3%	34,1 M €	-29.7%	48,6 M €	+43.5%	33,8 M €	+54.1%	22 M €	+5.3%	20,9 M €	+23.6%	16,9 M €
Other
Workforce	225,0 ETP	+15.7%	194,5 ETP	+15.2%	168,9 ETP	+4.3%	161,9 ETP	+0.8%	160,6 ETP	+6.0%	151,5 ETP	+2.2%	148,3 ETP	-0.3%	148,8 ETP	-0.4%	149,4 ETP	-2.9%	153,8 ETP	-7.0%	165,3 ETP	-4.0%	172,1 ETP	-12.6%	196,9 ETP	+3.0%	191,2 ETP	+14.9%	166,4 ETP	+19.5%	139,3 ETP	+2.3%	136,2 ETP	+12.1%	121,5 ETP	+0.7%	120,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 5 active · 19 ended

Active mandates

OMICON

Chairman of the board of directors · since 01 janvier 2025 · until 29 novembre 2030 · 0832.354.822

Represented by Marc Meurisse

Active

XAMECON

Director · since 01 janvier 2025 · until 29 novembre 2030 · 0832.475.180

Represented by Xavier Mestdag

Active

Marc MEURISSE

Chairman of the board of directors · since 25 novembre 2022 · until 31 décembre 2024

Active

Xavier MESTDAG

Director · since 25 novembre 2022 · until 31 décembre 2024

Active

proper@vies

Managing director · since 26 novembre 2021 · until 26 novembre 2027 · 0630.750.715

Represented by PETER VERREPT

Active

Ended mandates

Marc MEURISSE

Chairman of the board of directors · since 25 novembre 2022 · until 24 novembre 2028

Ended

Xavier MESTDAG

Director · since 25 novembre 2022 · until 24 novembre 2028

Ended

ENGICON GROUP

Managing director · since 06 avril 2017 · until 31 décembre 2019 · 0466.226.441

Represented by Xavier MESTDAG

Ended

ENGICON GROUP

Managing director · since 06 avril 2017 · until 25 novembre 2022 · 0466.226.441

Represented by Xavier MESTDAG

Ended

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	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	21/01/2026	19/12/2024	19/12/2023	06/12/2022	22/12/2021	02/12/2020
General meeting	23/12/2025	29/11/2024	24/11/2023	25/11/2022	26/11/2021	27/11/2020
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

24 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/06/2025	23/12/2025	21/01/2026	Dutch	PDF
Consolidated accounts	30/06/2025	23/12/2025	21/01/2026	Dutch	PDF
Full model	30/06/2024	29/11/2024	19/12/2024	Dutch	PDF
Consolidated accounts	30/06/2024	29/11/2024	19/12/2024	Dutch	PDF
Full model	30/06/2023	24/11/2023	19/12/2023	Dutch	PDF
Consolidated accounts	30/06/2023	24/11/2023	19/12/2023	Dutch	PDF
Full model	30/06/2022	25/11/2022	06/12/2022	Dutch	PDF
Consolidated accounts	30/06/2022	25/11/2022	06/12/2022	Dutch	PDF
Full model	30/06/2021	26/11/2021	22/12/2021	Dutch	PDF
Consolidated accounts	30/06/2021	26/11/2021	22/12/2021	Dutch	PDF
Full model	30/06/2020	27/11/2020	02/12/2020	Dutch	PDF
Full model	30/06/2019	29/11/2019	19/12/2019	Dutch	PDF
Full model	30/06/2018	30/11/2018	07/12/2018	Dutch	PDF
Full model	30/06/2017	24/11/2017	07/12/2017	Dutch	PDF
Full model	30/06/2016	25/11/2016	21/12/2016	Dutch	PDF
Full model	30/06/2015	27/11/2015	17/12/2015	Dutch	PDF
Full model	30/06/2014	28/11/2014	22/12/2014	Dutch	PDF
Full model	30/06/2013	29/11/2013	10/12/2013	Dutch	PDF
Full model	30/06/2012	30/11/2012	11/12/2012	Dutch	PDF
Full model	30/06/2011	25/11/2011	20/12/2011	Dutch	PDF
Full model	30/06/2010	26/11/2010	17/12/2010	Dutch	PDF
Full model	30/06/2009	27/11/2009	21/12/2009	Dutch	PDF
Full model	30/06/2008	28/11/2008	02/12/2008	Dutch	PDF
Full model	30/06/2007	30/11/2007	10/12/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 30/06/2025 · 5 active · 19 ended

Active mandates

OMICON

Chairman of the board of directors · since 01 janvier 2025 · until 29 novembre 2030 · 0832.354.822

Represented by Marc Meurisse

Active

XAMECON

Director · since 01 janvier 2025 · until 29 novembre 2030 · 0832.475.180

Represented by Xavier Mestdag

Active

Marc MEURISSE

Chairman of the board of directors · since 25 novembre 2022 · until 31 décembre 2024

Active

Xavier MESTDAG

Director · since 25 novembre 2022 · until 31 décembre 2024

Active

proper@vies

Managing director · since 26 novembre 2021 · until 26 novembre 2027 · 0630.750.715

Represented by PETER VERREPT

Active

Ended mandates

Marc MEURISSE

Chairman of the board of directors · since 25 novembre 2022 · until 24 novembre 2028

Ended

Xavier MESTDAG

Director · since 25 novembre 2022 · until 24 novembre 2028

Ended

ENGICON GROUP

Managing director · since 06 avril 2017 · until 31 décembre 2019 · 0466.226.441

Represented by Xavier MESTDAG

Ended

ENGICON GROUP

Managing director · since 06 avril 2017 · until 25 novembre 2022 · 0466.226.441

Represented by Xavier MESTDAG

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates09/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/12/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares31/05/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - KAPITAAL - AANDELEN
PDF
Mandates29/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/03/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/03/2018
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 2025-12,5 M €↓
01/01/2025
nominationOmicon BV — bestuurder
01/01/2025
nominationXamecon BV — bestuurder
2024
Annual accounts 2024167,2 k €↓
24/11/2023
nominationEY Bedrijfsrevisoren BV — commissaris
2023
Annual accounts 2023518,5 k €↑
25/11/2022
reconductionMarc Meurisse — bestuurder en voorzitter van de raad van bestuur
25/11/2022
reconductionXavier Mestdag — bestuurder
2022
Annual accounts 2022227,4 k €↓
2021
Annual accounts 20211,3 M €↑
2020
Annual accounts 20201 M €↑
2019
Annual accounts 2019-2,2 M €↓
2018
Annual accounts 201834,9 k €↓
2017
Annual accounts 20171,5 M €↑
2016
Annual accounts 2016389,9 k €↑
2015
Annual accounts 2015-6,3 M €↓
2014
Annual accounts 2014-4,5 M €↓
2013
Annual accounts 2013273,4 k €↓
2012
Annual accounts 20126,6 M €↓
2011
Annual accounts 20116,6 M €↑
2010
Annual accounts 20102 M €↓
2009
Annual accounts 20093,2 M €↑
2008
Annual accounts 20082,3 M €↑
2007
Annual accounts 20072,1 M €
06/10/1981
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

ENGICON

Overview

What does ENGICON do?

Trend over 19 financial years

Indicative valuation

Board of directors

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