ACTIVE

I.V.A.P. - Belgium

Financial year 2019 · closed on 31/12/2019
Net result
25,3 k €
-8.4% YoY
Gross margin
-4 k €
-51.5% YoY
Equity
5 M €
+0.5% YoY

What does I.V.A.P. - Belgium do?

I.V.A.P. - Belgium is a Public limited company incorporated in 1982. Its registered office is in Asse.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0423.449.639
Incorporation
07/12/1982
Legal form
Public limited company
Registered office
Hendrik De Kosterlaan 44
1731 Asse · FlandreSee on map
Latest accounts
31/12/2019
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

201920182017201620122011200920072006
Income statement
Gross margin-4 k €-2,6 k €-5,7 k €30,1 k €8,9 k €-4 k €-3 €256,5 k €155,9 k €
EBITDA-4 k €-2,6 k €-5,7 k €21 k €8,9 k €-4 k €-3 €256,2 k €122,7 k €
Operating result-4 k €-2,6 k €-5,7 k €21 k €8,9 k €-4 k €-3 €256,2 k €122,7 k €
Net result25,3 k €27,6 k €25,1 k €21 k €43,2 k €-8,2 k €73,9 k €265,5 k €69,4 k €
Balance sheet
Equity5 M €5 M €4,9 M €4,9 M €6,8 M €6,8 M €6,8 M €6,9 M €6,6 M €
Total assets5,3 M €5,4 M €5,3 M €5,4 M €8,1 M €8,7 M €8,8 M €8,1 M €7,7 M €
Cash84,3 k €84,4 k €84,4 k €97,4 k €122 k €116,6 k €43,5 k €125,8 k €13,6 k €
Debts310,4 k €440,4 k €357,5 k €464,3 k €1 M €1,7 M €1,7 M €923,8 k €736,4 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2007 · 4 active · 2 ended

Active mandates

Georges Fourcroy

Chairman of the board of directors · since 26 juin 2006 · until 26 juin 2012

Active
Ivap BV

Director · since 26 juin 2006 · until 26 juin 2012

Represented by Georges FOURCROY

Active
Walter Van Damme

Director · since 26 juin 2006 · until 26 juin 2012

Active
Claude G.J. Fourcroy

Director

Active

Ended mandates

IVAP BV

Director · since 26 juin 2006 · until 26 juin 2012

Represented by Georges Fourcroy

Ended
Claude G. J. Fourcroy

Director · since 26 décembre 2005 · until 26 décembre 2011

Ended
At this address

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Annual accounts

Full financial information

201920182017201620122011
Type of accountMicro modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/201901/01/201801/01/201701/01/201601/01/201201/01/2011
Closing of the financial year31/12/201931/12/201831/12/201731/12/201631/12/201231/12/2011
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date10/11/202031/08/201930/09/201829/09/201731/08/201328/09/2012
General meeting12/10/202004/06/201904/06/201804/06/201701/06/201305/03/2012
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/201912/10/202010/11/2020DutchPDF
Abridged model31/12/201804/06/201931/08/2019DutchPDF
Abridged model31/12/201704/06/201830/09/2018DutchPDF
Abridged model31/12/201604/06/201729/09/2017DutchPDF
Abridged model31/12/201201/06/201331/08/2013DutchPDF
Abridged model31/12/201105/03/201228/09/2012DutchPDF
Abridged model31/12/200921/06/201028/01/2011DutchPDF
Abridged model31/12/200730/06/200829/06/2009DutchPDF
Abridged model31/12/200630/06/200727/07/2007DutchPDF
Full model31/12/200308/04/200515/02/2007FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2007 · 4 active · 2 ended

Active mandates

Georges Fourcroy

Chairman of the board of directors · since 26 juin 2006 · until 26 juin 2012

Active
Ivap BV

Director · since 26 juin 2006 · until 26 juin 2012

Represented by Georges FOURCROY

Active
Walter Van Damme

Director · since 26 juin 2006 · until 26 juin 2012

Active
Claude G.J. Fourcroy

Director

Active

Ended mandates

IVAP BV

Director · since 26 juin 2006 · until 26 juin 2012

Represented by Georges Fourcroy

Ended
Claude G. J. Fourcroy

Director · since 26 décembre 2005 · until 26 décembre 2011

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/12/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office22/12/2009
    Transfert van maatschappelijke zetel
    PDF
  • Mandates18/09/2008
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office14/08/2006
    Transfert du siège social
    PDF
  • Mandates14/08/2006
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/03/2006
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares07/10/2005
    ASSEMBLEE GENERALE - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates04/04/2003
    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

Timeline

  1. 2019
    Annual accounts 201925,3 k €
  2. 2018
    Annual accounts 201827,6 k €
  3. 2017
    Annual accounts 201725,1 k €
  4. 2016
    Annual accounts 201621 k €
  5. 2012
    Annual accounts 201243,2 k €
  6. 2011
    Annual accounts 2011-8,2 k €
  7. 2009
    Annual accounts 200973,9 k €
  8. 2007
    Annual accounts 2007265,5 k €
  9. 2006
    Annual accounts 200669,4 k €
  10. 07/12/1982
    IncorporationPublic limited company