ACTIVE

FOURBASES

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Financial year 2025 · Closed on 31/12/2025

Net result1,8 M €-0,6 %over 1 year

Gross margin3,5 M €+5,8 %over 1 year

Equity1,6 M €-0,0 %over 1 year

Workforce13,2 ETP+11,9 %over 1 year

Identity

Source · BCE/KBO

FOURBASES is a Private limited company incorporated in 1985. Its main activity is: Agents involved in the sale of machinery, industrial equipment, ships and aircraft. Its registered office is in Aalter. It employs on average 13,2 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0428.243.914
Incorporation: 13/12/1985
Legal form: Private limited company
Registered office: Groendreef 35
9880 Aalter · FlandreSee on map
Contributed capital: 43 152,00 €
Latest accounts: 31/12/2025
Average workforce: 13,2 ETP

Activities (NACE)

46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft· main 46140Agents involved in the sale of machinery, industrial equipment, ships and aircraft 51140Passenger air transport 70200Management consultancy activities 70220Business and other management consultancy activities 74142Specialised design activities+3

Joint committees (4)

100
200
20018
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	3,5 M €	+5.8%	3,3 M €	-3.7%	3,4 M €	+3.1%	3,3 M €	+15.3%	2,9 M €
EBITDA	2,5 M €	+3.8%	2,4 M €	-7.5%	2,6 M €	+0.4%	2,6 M €	+20.4%	2,1 M €
Operating result	2,3 M €	-1.6%	2,4 M €	-9.1%	2,6 M €	+1.9%	2,5 M €	+24.9%	2 M €
Net result	1,8 M €	-0.6%	1,8 M €	-5.8%	1,9 M €	+1.1%	1,9 M €	+25.0%	1,5 M €
Balance sheet
Equity	1,6 M €	-0.0%	1,6 M €	-57.0%	3,6 M €	+33.5%	2,7 M €	+56.4%	1,7 M €
Total assets	4,5 M €	+20.7%	3,7 M €	-33.5%	5,6 M €	+12.0%	5 M €	+46.2%	3,4 M €
Cash	1 M €	+25.2%	818,6 k €	-65.4%	2,4 M €	-17.2%	2,9 M €	+65.9%	1,7 M €
Debts	2,8 M €	+30.3%	2,1 M €	+10.5%	1,9 M €	-13.7%	2,2 M €	+35.4%	1,7 M €
Other
Workforce	13,2 ETP	+11.9%	11,8 ETP	+9.3%	10,8 ETP	-3.6%	11,2 ETP	-8.2%	12,2 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BASE51017.789.821Represented by Jérôme BONTE	Directorsince 20/12/2024

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
T-K BVRepresented by Tom Kuster	Director01/07/2013 → 2019 accountsManager01/07/2013 → 2015 accounts
ISEE 2 BVBA0876.348.478Represented by Karel Blondé	Manager01/06/2006 → 2012 accountsDirector01/06/2006 → 2019 accounts

Other companies at this address

Groendreef 35 9880 Aalter

Company	CBE no.
BASE5● Active	1017.789.821

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	10/07/2026	30/06/2025	26/06/2024	26/05/2023	20/07/2022	28/06/2021
General meeting	15/06/2026	30/05/2025	27/05/2024	27/04/2023	31/05/2022	31/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	10/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	27/05/2024	26/06/2024	Dutch	PDF
Abridged model	31/12/2022	27/04/2023	26/05/2023	Dutch	PDF
Abridged model	31/12/2021	31/05/2022	20/07/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	28/06/2021	Dutch	PDF
Abridged model	31/12/2019	24/03/2020	23/04/2020	Dutch	PDF
Abridged model	31/12/2018	27/05/2019	26/06/2019	Dutch	PDF
Abridged model	31/12/2017	29/06/2018	27/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	18/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	27/06/2016	Dutch	PDF
Abridged model	31/12/2014	25/05/2015	19/06/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	24/06/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	25/07/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	29/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	30/06/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	07/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	09/06/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	26/06/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	29/06/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BASE51017.789.821Represented by Jérôme BONTE	Directorsince 20/12/2024

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
T-K BVRepresented by Tom Kuster	Director01/07/2013 → 2019 accountsManager01/07/2013 → 2015 accounts
ISEE 2 BVBA0876.348.478Represented by Karel Blondé	Manager01/06/2006 → 2012 accountsDirector01/06/2006 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares29/12/2025
KAPITAAL - AANDELEN
PDF
Mandates27/12/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Other05/12/2023
BENAMING
PDF
Restructuring05/08/2020
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring12/06/2020
WIJZIGING RECHTSVORM - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other12/04/2017
BENAMING
PDF
Mandates09/08/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2007
ONTSLAGEN - BENOEMINGEN
PDF

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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

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

BASE5

T-K BV

Isee2 BV

NAXOS

ISEE3

T-K BV naar Nederlands recht

Fabio Agnetti

Karel Blondé

198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

FOURBASESThe IC GroupINDUSTRIAL CONSULTANTS

Groendreef 35, 9880 Aalter

Director

DirectorManager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Groendreef 35, 9880 AalterCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00277608

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
FOURBASESCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00277608
The IC Group	accounts 2016 → 2022	Accounts 2022 · 2023-00095542
INDUSTRIAL CONSULTANTS	accounts 2006 → 2015	Accounts 2015 · 2016-23500040

Events

2025
Annual accounts 20251,8 M €↓
2024
Annual accounts 20241,8 M €↓
2023
Annual accounts 20231,9 M €↑
2023
Name changeFOURBASES
2022
Annual accounts 20221,9 M €↑
2021
Annual accounts 20211,5 M €↑
2018
Annual accounts 2018149,1 k €↑
2017
Annual accounts 2017114,9 k €↑
2016
Annual accounts 201667,7 k €↓
2016
Name changeThe IC Group
2015
Annual accounts 201570,9 k €↑
2014
Annual accounts 201421 k €↓
2013
Annual accounts 201323,6 k €↑
2012
Annual accounts 2012-23,9 k €↓
2011
Annual accounts 201178,1 k €↑
2010
Annual accounts 201032,9 k €↑
2009
Annual accounts 20096,7 k €↓
2008
Annual accounts 200819,1 k €↓
2007
Annual accounts 200729,8 k €↑
2006
Annual accounts 2006-5,5 k €
13/12/1985
IncorporationPrivate limited company

FOURBASES

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events