ACTIVE

IDAC

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Financial year 2025 · closed on 31/12/2025

Net result

-270 k €

-7.4% YoY

Revenue

8,2 M €

-1.0% YoY

Equity

952,1 k €

-22.1% YoY

Workforce

20,6 ETP

-0.5% YoY

What does IDAC do?

IDAC is a Public limited company incorporated in 1982. Its registered office is in Uccle. It employs on average 20,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0422.868.728

Incorporation

03/06/1982

Legal form

Public limited company

Registered office

Chaussée de Waterloo 1605
1180 Uccle · BruxellesSee on map

Contributed capital

500 000,00 €

Latest accounts

31/12/2025

Average workforce

20,6 ETP

Joint committees (2)

Signals

Positive 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	8,2 M €	-1.0%	8,3 M €	+3.7%	8 M €	+5.4%	7,6 M €	+2.8%	7,4 M €	+6.2%	7 M €	+5.3%	6,6 M €	+12.6%	5,9 M €	-8.9%	6,5 M €	-8.7%	7,1 M €	+15.0%	6,1 M €	+36.2%	4,5 M €	+0.7%	4,5 M €	-1.3%	4,5 M €	+12.8%	4 M €	+0.4%	4 M €	+3.3%	3,9 M €	-11.7%	4,4 M €	-2.4%	4,5 M €	-11.8%	5,1 M €
EBITDA	449,4 k €	+14.3%	393,2 k €	+14.2%	344,3 k €	+32.4%	260 k €	-71.7%	920,2 k €	+110%	438,5 k €	+4.0%	421,8 k €	+273%	-243,3 k €	-197%	249,7 k €	-61.0%	640,9 k €	+82.8%	350,7 k €	+27.2%	275,8 k €	+36.4%	202,2 k €	-50.0%	404,7 k €	+884%	-51,6 k €	+49.1%	-101,5 k €	-293%	52,5 k €	+161%	-85,8 k €	-147%	184,5 k €	-53.2%	394 k €
Operating result	-202,7 k €	-5.9%	-191,3 k €	-190%	212,5 k €	+43.7%	147,8 k €	-77.3%	651,2 k €	+102%	321,8 k €	+33.7%	240,6 k €	+160%	-400 k €	-731%	63,4 k €	-86.4%	464,9 k €	+195%	157,5 k €	+11.8%	140,9 k €	+5.5%	133,5 k €	-52.0%	278,2 k €	+343%	-114,7 k €	+21.2%	-145,7 k €	-229%	-44,3 k €	+75.8%	-182,6 k €	-477%	48,5 k €	-85.1%	325,8 k €
Net result	-270 k €	-7.4%	-251,5 k €	-323%	112,9 k €	+211%	36,3 k €	-94.1%	614,6 k €	+136%	260,1 k €	+28.9%	201,7 k €	+146%	-439,8 k €	-2014%	23 k €	-94.5%	421,2 k €	+1087%	35,5 k €	-67.9%	110,4 k €	-76.2%	464,1 k €	+186%	162 k €	-24.9%	215,9 k €	+186%	-250,5 k €	-453%	-45,3 k €	+94.2%	-783 k €	-752%	-92 k €	-123%	400,4 k €
Balance sheet
Equity	952,1 k €	-22.1%	1,2 M €	-17.1%	1,5 M €	+8.3%	1,4 M €	+2.7%	1,3 M €	+86.6%	709,9 k €	+57.8%	449,8 k €	+81.3%	248,1 k €	-63.9%	687,8 k €	+3.5%	664,9 k €	+173%	243,6 k €	+17.0%	208,1 k €	+113%	97,7 k €	+127%	-366,4 k €	+30.7%	-528,4 k €	+29.0%	-744,3 k €	-50.7%	-493,8 k €	-10.1%	-448,5 k €	-234%	334,5 k €	-21.6%	426,5 k €
Total assets	3,8 M €	-4.0%	4 M €	-1.9%	4,1 M €	-5.6%	4,3 M €	-11.9%	4,9 M €	+9.0%	4,5 M €	+14.0%	4 M €	+9.7%	3,6 M €	-10.7%	4 M €	-2.3%	4,1 M €	-0.2%	4,1 M €	+56.7%	2,6 M €	+4.0%	2,5 M €	-4.6%	2,7 M €	+3.7%	2,6 M €	-15.2%	3 M €	+14.7%	2,6 M €	+9.4%	2,4 M €	-27.9%	3,3 M €	+23.9%	2,7 M €
Cash	202,3 k €	+14.8%	176,2 k €	-9.3%	194,4 k €	-69.3%	634 k €	-44.9%	1,2 M €	+25.6%	915,4 k €	+28.1%	714,6 k €	+112%	337,7 k €	-19.3%	418,5 k €	-53.0%	890,1 k €	+9.4%	813,4 k €	+117%	375,6 k €	+24.1%	302,6 k €	+174%	110,3 k €	+109%	52,9 k €		–		5,8 k €	-76.2%	24,2 k €	-89.1%	222,3 k €	+103%	109,3 k €
Debts	2,7 M €	+1.6%	2,7 M €	+5.2%	2,6 M €	-12.1%	2,9 M €	-17.1%	3,5 M €	-6.4%	3,8 M €	+7.5%	3,5 M €	+4.5%	3,4 M €	+0.2%	3,3 M €	-3.5%	3,5 M €	-10.9%	3,9 M €	+60.2%	2,4 M €	-0.2%	2,4 M €	-19.1%	3 M €	-0.0%	3 M €	-14.6%	3,5 M €	+18.3%	3 M €	+6.1%	2,8 M €	-5.5%	3 M €	+32.4%	2,2 M €
Other
Workforce	20,6 ETP	-0.5%	20,7 ETP	+0.5%	20,6 ETP	-2.8%	21,2 ETP	-5.8%	22,5 ETP	+7.1%	21,0 ETP	+4.0%	20,2 ETP	-6.0%	21,5 ETP	+16.8%	18,4 ETP	-4.7%	19,3 ETP	+4.9%	18,4 ETP	+49.6%	12,3 ETP	+1.7%	12,1 ETP	+9.0%	11,1 ETP	-0.9%	11,2 ETP	+7.7%	10,4 ETP	-12.6%	11,9 ETP	-23.7%	15,6 ETP	-12.4%	17,8 ETP	-18.0%	21,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 31 ended

Active mandates

Anna Marta ENJELVIN

Director · since 12 mars 2020 · until 30 juin 2026

Active

Guillaume DEMULIER

Managing director · since 12 mars 2020 · until 30 juin 2026

Active

Martin GLEIZE

Managing director · since 13 juin 2014 · until 30 juin 2026

Active

Ended mandates

Anna Marta ENJELVIN

Director · since 29 mai 2026

Ended

Guillaume DEMULIER

Managing director · since 29 mai 2026

Ended

Martin GLEIZE

Managing director · since 29 mai 2026

Ended

Anna Marta ENJELVIN

Director · since 12 mars 2020 · until 29 mai 2026

Ended

At this address

Other companies at this address

Company	CBE no.
ESPACE CUIR BENELUX● Active	0425.129.818

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	06/07/2026	07/07/2025	05/08/2024	07/07/2023	10/02/2023	19/08/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	20/07/2022	30/06/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	06/07/2026	French	PDF
Full model	31/12/2024	30/06/2025	07/07/2025	French	PDF
Full modelCorrection	31/12/2023	28/06/2024	05/08/2024	French	PDF
Full model	31/12/2023	28/06/2024	05/07/2024	French	PDF
Full model	31/12/2022	30/06/2023	07/07/2023	French	PDF
Full modelCorrection	31/12/2021	20/07/2022	10/02/2023	French	PDF
Full model	31/12/2021	20/07/2022	27/07/2022	French	PDF
Full model	31/12/2020	30/06/2021	19/08/2021	French	PDF
Full model	31/12/2019	04/09/2020	05/10/2020	French	PDF
Full model	31/12/2018	21/06/2019	23/07/2019	French	PDF
Full model	31/12/2017	22/06/2018	27/07/2018	French	PDF
Full model	31/12/2016	29/05/2017	04/07/2017	French	PDF
Full model	31/12/2015	16/09/2016	20/09/2016	French	PDF
Full model	31/12/2014	19/06/2015	24/06/2015	French	PDF
Full model	31/12/2013	13/06/2014	20/06/2014	French	PDF
Full model	31/12/2012	06/06/2013	28/06/2013	French	PDF
Full model	31/12/2011	26/06/2012	20/07/2012	French	PDF
Full model	31/12/2010	30/05/2011	17/06/2011	French	PDF
Full model	31/12/2009	31/05/2010	14/07/2010	French	PDF
Full model	31/12/2008	25/05/2009	07/08/2009	French	PDF
Full model	31/12/2007	26/05/2008	30/07/2008	French	PDF
Full model	31/12/2006	29/05/2007	25/07/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 31 ended

Active mandates

Anna Marta ENJELVIN

Director · since 12 mars 2020 · until 30 juin 2026

Active

Guillaume DEMULIER

Managing director · since 12 mars 2020 · until 30 juin 2026

Active

Martin GLEIZE

Managing director · since 13 juin 2014 · until 30 juin 2026

Active

Ended mandates

Anna Marta ENJELVIN

Director · since 29 mai 2026

Ended

Guillaume DEMULIER

Managing director · since 29 mai 2026

Ended

Martin GLEIZE

Managing director · since 29 mai 2026

Ended

Anna Marta ENJELVIN

Director · since 12 mars 2020 · until 29 mai 2026

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring06/10/2021
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring06/10/2021
OBJET - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Restructuring19/04/2021
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring19/04/2021
RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
PDF
Mandates07/12/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates12/03/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates28/07/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates28/07/2014
DEMISSIONS, NOMINATIONS
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 2025-270 k €↓
2024
Annual accounts 2024-251,5 k €↓
2023
Annual accounts 2023112,9 k €↑
2022
Annual accounts 202236,3 k €↓
2021
Annual accounts 2021614,6 k €↑
2020
Annual accounts 2020260,1 k €↑
2019
Annual accounts 2019201,7 k €↑
2018
Annual accounts 2018-439,8 k €↓
2017
Annual accounts 201723 k €↓
2016
Annual accounts 2016421,2 k €↑
2015
Annual accounts 201535,5 k €↓
2014
Annual accounts 2014110,4 k €↓
2013
Annual accounts 2013464,1 k €↑
2012
Annual accounts 2012162 k €↓
2011
Annual accounts 2011215,9 k €↑
2010
Annual accounts 2010-250,5 k €↓
2009
Annual accounts 2009-45,3 k €↑
2008
Annual accounts 2008-783 k €↓
2007
Annual accounts 2007-92 k €↓
2006
Annual accounts 2006400,4 k €
03/06/1982
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

IDAC

Overview

What does IDAC 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