ACTIVE

IGOV

Financial year 2025 · closed on 31/12/2025
Net result
114,1 k €
-65.9% YoY
Gross margin
568,5 k €
-27.4% YoY
Equity
2,2 M €
+5.6% YoY
Workforce
0,0 ETP

What does IGOV do?

IGOV is a Public limited company incorporated in 1984. Its registered office is in Wichelen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0426.046.665
Incorporation
19/04/1984
Legal form
Public limited company
Registered office
Wolfgat 14
9260 Wichelen · FlandreSee on map
Contributed capital
65 404,67 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin568,5 k €783,1 k €490,3 k €436,7 k €441,6 k €387,9 k €423,1 k €632,5 k €293,8 k €291 k €304,9 k €350,9 k €342,5 k €340,9 k €407 k €362,9 k €324,9 k €461,4 k €198,3 k €
EBITDA495,1 k €701,2 k €422,6 k €375,5 k €372,7 k €231,7 k €316,1 k €563,2 k €225,7 k €243,8 k €241,7 k €249,5 k €299 k €295,3 k €280 k €370,3 k €316,6 k €293,2 k €417,9 k €165,7 k €
Operating result214,9 k €549,1 k €368,8 k €279 k €150,6 k €64,9 k €150,6 k €398 k €57 k €54,9 k €42,3 k €86 k €151 k €168,3 k €167,5 k €255,8 k €182,6 k €128,4 k €328,2 k €75,7 k €
Net result114,1 k €334,2 k €230,6 k €124,2 k €98,8 k €16,9 k €69,8 k €239,3 k €-14,6 k €-18,1 k €-10,5 k €25,9 k €62,5 k €-5,8 k €64,7 k €124,8 k €68,2 k €38,9 k €180,3 k €15,5 k €
Balance sheet
Equity2,2 M €2 M €1,7 M €1,4 M €1,2 M €1,1 M €1,1 M €1 M €769,6 k €784,2 k €802,3 k €812,8 k €787 k €724,5 k €730,3 k €665,6 k €540,8 k €472,6 k €433,7 k €253,4 k €
Total assets7,3 M €4,7 M €4,2 M €4,2 M €3,8 M €3,5 M €3,6 M €3,7 M €3,7 M €3,8 M €3,6 M €3,4 M €3,5 M €3,3 M €3,3 M €3,3 M €3,3 M €3,3 M €2,9 M €2,7 M €
Cash237,2 k €48,5 k €18,4 k €93,4 k €265,2 k €14,9 k €8 k €3,8 k €31,4 k €5,1 €13,5 k €4,9 k €45,9 k €6,4 k €4,5 k €9 k €5,9 k €1,3 k €196,5 k €41,3 k €
Debts5 M €2,5 M €2,4 M €2,7 M €2,5 M €2,2 M €2,3 M €2,5 M €2,8 M €2,9 M €2,7 M €2,5 M €2,5 M €2,5 M €2,4 M €2,4 M €2,5 M €2,6 M €2,2 M €2,2 M €
Other
Workforce0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 33 ended

Active mandates

A-GROUP

Director · since 27 juillet 2023 · until 14 mai 2029 · 0832.133.009

Represented by Willy Govaert

Active
Didier Govaert

Director · since 27 juillet 2023 · until 14 mai 2029

Active
Geertrui Goossens

Director · since 27 juillet 2023 · until 14 mai 2029

Active
Inge Govaert

Director · since 27 juillet 2023 · until 14 mai 2029

Active
Kristof Govaert

Director · since 27 juillet 2023 · until 14 mai 2029

Active

Ended mandates

Kristof Govaert

Managing director · since 01 mai 2021 · until 10 mai 2027

Ended
Kristof GOVAERT

Director · since 01 mai 2021 · until 10 mai 2027

Ended
A-GROUP

Director · since 01 septembre 2019 · until 01 septembre 2023 · 0832.133.009

Represented by Willy Govaert

Ended
A-GROUP

Director · since 01 septembre 2019 · until 01 septembre 2023 · 0832.133.009

Represented by Willy Govaert

Ended
At this address

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0450.262.320
0649.978.291
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelMicro modelMicro 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 date31/08/202612/08/202508/08/202430/05/202306/07/202226/11/2021
General meeting31/08/202608/08/202506/08/202408/05/202306/06/202230/06/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/08/202631/08/2026DutchPDF
Abridged model31/12/202408/08/202512/08/2025DutchPDF
Abridged model31/12/202306/08/202408/08/2024DutchPDF
Abridged model31/12/202208/05/202330/05/2023DutchPDF
Micro model31/12/202106/06/202206/07/2022DutchPDF
Micro model31/12/202030/06/202126/11/2021DutchPDF
Abridged model31/12/201917/11/202030/11/2020DutchPDF
Abridged model31/12/201830/08/201902/10/2019DutchPDF
Micro model31/12/201730/06/201831/08/2018DutchPDF
Abridged model31/12/201630/06/201712/07/2017DutchPDF
Full model31/12/201530/06/201609/09/2016DutchPDF
Abridged model31/12/201411/05/201508/06/2015DutchPDF
Abridged model31/12/201302/06/201430/06/2014DutchPDF
Abridged model31/12/201230/06/201318/07/2013DutchPDF
Abridged model31/12/201130/06/201231/08/2012DutchPDF
Abridged model31/12/201030/06/201130/08/2011DutchPDF
Abridged model31/12/200930/06/201020/07/2010DutchPDF
Abridged model31/12/200830/06/200931/08/2009DutchPDF
Abridged model31/12/200730/06/200830/07/2008DutchPDF
Abridged model31/12/200630/06/200731/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 33 ended

Active mandates

A-GROUP

Director · since 27 juillet 2023 · until 14 mai 2029 · 0832.133.009

Represented by Willy Govaert

Active
Didier Govaert

Director · since 27 juillet 2023 · until 14 mai 2029

Active
Geertrui Goossens

Director · since 27 juillet 2023 · until 14 mai 2029

Active
Inge Govaert

Director · since 27 juillet 2023 · until 14 mai 2029

Active
Kristof Govaert

Director · since 27 juillet 2023 · until 14 mai 2029

Active

Ended mandates

Kristof Govaert

Managing director · since 01 mai 2021 · until 10 mai 2027

Ended
Kristof GOVAERT

Director · since 01 mai 2021 · until 10 mai 2027

Ended
A-GROUP

Director · since 01 septembre 2019 · until 01 septembre 2023 · 0832.133.009

Represented by Willy Govaert

Ended
A-GROUP

Director · since 01 septembre 2019 · until 01 septembre 2023 · 0832.133.009

Represented by Willy Govaert

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring06/09/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring21/06/2023
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office25/11/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/06/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/02/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/01/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office19/03/2012
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates11/01/2012
    ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - 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

Timeline

  1. 2025
    Annual accounts 2025114,1 k €
  2. 2024
    Annual accounts 2024334,2 k €
  3. 2023
    Annual accounts 2023230,6 k €
  4. 2022
    Annual accounts 2022124,2 k €
  5. 2021
    Annual accounts 202198,8 k €
  6. 2020
    Annual accounts 202016,9 k €
  7. 2019
    Annual accounts 201969,8 k €
  8. 2018
    Annual accounts 2018239,3 k €
  9. 2017
    Annual accounts 2017-14,6 k €
  10. 2016
    Annual accounts 2016-18,1 k €
  11. 2015
    Annual accounts 2015-10,5 k €
  12. 2014
    Annual accounts 201425,9 k €
  13. 2013
    Annual accounts 201362,5 k €
  14. 2012
    Annual accounts 2012-5,8 k €
  15. 2011
    Annual accounts 201164,7 k €
  16. 2010
    Annual accounts 2010124,8 k €
  17. 2009
    Annual accounts 200968,2 k €
  18. 2008
    Annual accounts 200838,9 k €
  19. 2007
    Annual accounts 2007180,3 k €
  20. 2006
    Annual accounts 200615,5 k €
  21. 19/04/1984
    IncorporationPublic limited company