INCENTIVE DESIGN
0440.445.722 · rovalta.com · 23/09/2026
ACTIVE
INCENTIVE DESIGN
Financial year 2025 · closed on 31/12/2025
Net result
-5,7 k €
-195.1% YoY
Gross margin
1,9 k €
-78.4% YoY
Equity
731,8 k €
-0.8% YoY
Overview
What does INCENTIVE DESIGN do?
INCENTIVE DESIGN is a Public limited company incorporated in 1990. Its registered office is in Charleroi.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0440.445.722
Incorporation
01/05/1990
Legal form
Public limited company
Registered office
Rue de Montigny 183
6000 Charleroi · WallonieSee on map
6000 Charleroi · WallonieSee on map
Contributed capital
149 000,00 €
Latest accounts
31/12/2025
Joint committees (2)
- 100
- 201
Signals
Solid equityLow riskGood liquidityPositive cashflow
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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 | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 1,9 k € | -78.4% | 8,6 k € | -68.2% | 27 k € | +186% | 9,4 k € | +306% | -4,6 k € | -141% | 11,2 k € | +143% | -25,9 k € | -2680% | 1 k € | -98.6% | 70,9 k € | +2.0% | 69,6 k € | -35.0% | 107 k € | +92.8% | 55,5 k € | +181% | 19,8 k € | -86.9% | 150,4 k € | -16.1% | 179,3 k € | -4.3% | 187,3 k € | +11.7% | 167,7 k € | -33.0% | 250,1 k € | +5.2% | 237,8 k € | +4.2% | 228,3 k € |
| EBITDA | -2,5 k € | -147% | 5,3 k € | -79.4% | 25,6 k € | +919% | 2,5 k € | +120% | -12,5 k € | -380% | -2,6 k € | +94.8% | -49,6 k € | -108% | -23,8 k € | -156% | 42,2 k € | +84228% | 50 € | -99.8% | 32,3 k € | +1375% | -2,5 k € | +90.1% | -25,5 k € | -124% | 105,8 k € | -25.1% | 141,1 k € | -7.6% | 152,7 k € | +59.9% | 95,5 k € | -41.4% | 162,8 k € | +11.6% | 145,9 k € | +28.0% | 113,9 k € |
| Operating result | -17,6 k € | -382% | -3,7 k € | -141% | 9 k € | +170% | -12,7 k € | +42.0% | -22 k € | +57.6% | -51,8 k € | +30.2% | -74,2 k € | -65.4% | -44,9 k € | -576% | 9,4 k € | +137% | -25,6 k € | -13169% | 196 € | +101% | -29,1 k € | +51.6% | -60,2 k € | -191% | 66,4 k € | -32.5% | 98,3 k € | -12.2% | 112 k € | +149% | 45 k € | -57.8% | 106,6 k € | +3.3% | 103,1 k € | +40.8% | 73,2 k € |
| Net result | -5,7 k € | -195% | 5,9 k € | -27.5% | 8,2 k € | +181% | -10,1 k € | +54.2% | -22 k € | +55.3% | -49,3 k € | +30.1% | -70,6 k € | -65.7% | -42,6 k € | -423% | 13,2 k € | +200% | -13,2 k € | -168% | 19,3 k € | +183% | -23,3 k € | +57.2% | -54,5 k € | -186% | 63,2 k € | -42.3% | 109,6 k € | +13.0% | 96,9 k € | +64.1% | 59,1 k € | -0.7% | 59,5 k € | -7.1% | 64,1 k € | +33.8% | 47,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 731,8 k € | -0.8% | 737,5 k € | +0.8% | 731,5 k € | +1.1% | 723,3 k € | -1.4% | 733,4 k € | -2.9% | 755,4 k € | -6.1% | 804,8 k € | -8.1% | 875,3 k € | -4.6% | 917,9 k € | +1.5% | 904,7 k € | -6.5% | 967,9 k € | +0.1% | 967,2 k € | -2.4% | 990,5 k € | -5.2% | 1 M € | +6.4% | 981,7 k € | +5.3% | 932,2 k € | +6.2% | 878,1 k € | +8.4% | 810,2 k € | +9.2% | 742 k € | +10.9% | 669,2 k € |
| Total assets | 744,8 k € | -1.3% | 754,9 k € | +0.6% | 750,7 k € | +1.7% | 738,5 k € | -4.1% | 770 k € | -2.8% | 792,5 k € | -7.3% | 854,9 k € | -10.5% | 954,8 k € | -8.9% | 1 M € | -2.2% | 1,1 M € | -22.9% | 1,4 M € | +11.8% | 1,2 M € | -5.4% | 1,3 M € | -4.5% | 1,4 M € | +0.1% | 1,4 M € | +4.8% | 1,3 M € | -4.2% | 1,4 M € | -8.9% | 1,5 M € | +14.5% | 1,3 M € | +3.9% | 1,3 M € |
| Cash | 19,8 k € | +151% | 7,9 k € | -77.6% | 35,2 k € | +23.9% | 28,4 k € | +5.6% | 26,9 k € | +52.4% | 17,7 k € | +24.7% | 14,2 k € | +30.5% | 10,9 k € | -32.4% | 16,1 k € | -78.3% | 74 k € | -5.1% | 78 k € | +38.8% | 56,2 k € | -15.6% | 66,5 k € | -16.7% | 79,8 k € | -18.5% | 98 k € | +480% | 16,9 k € | -30.4% | 24,3 k € | -76.4% | 102,8 k € | +34.2% | 76,6 k € | +290% | 19,6 k € |
| Debts | 13 k € | -25.7% | 17,4 k € | -8.9% | 19,1 k € | +26.5% | 15,1 k € | -58.6% | 36,5 k € | -1.3% | 37 k € | -26.1% | 50,1 k € | -37.0% | 79,5 k € | -38.9% | 130,1 k € | -22.3% | 167,4 k € | -60.4% | 423 k € | +52.9% | 276,6 k € | -14.9% | 325 k € | -2.4% | 332,9 k € | -14.4% | 388,9 k € | +1.9% | 381,7 k € | -22.2% | 490,5 k € | -29.5% | 696,1 k € | +21.3% | 573,8 k € | -3.9% | 597 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 2,3 ETP | +9.5% | 2,1 ETP | +31.3% | 1,6 ETP | 0.0% | 1,6 ETP | +23.1% | 1,3 ETP | +30.0% | 1,0 ETP | -37.5% | 1,6 ETP | -100.0% | 81 389,0 ETP | +2712867% | 3,0 ETP | +66.7% | 1,8 ETP | ||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 2 ended
Active mandates
martine mathewe
ActiveEnded mandates
Martine MATHEWA
EndedMartine MATHEWE
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Abridged model | Abridged model | Abridged model | Micro model | Micro 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 | 28/08/2026 | 12/09/2025 | 27/09/2024 | 04/10/2023 | 01/12/2022 | 29/10/2021 |
| General meeting | 31/07/2026 | 02/05/2025 | 04/05/2024 | 06/05/2023 | 07/05/2022 | 08/05/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 31/07/2026 | 28/08/2026 | French | |
| Abridged model | 31/12/2024 | 02/05/2025 | 12/09/2025 | French | |
| Abridged model | 31/12/2023 | 04/05/2024 | 27/09/2024 | French | |
| Abridged model | 31/12/2022 | 06/05/2023 | 04/10/2023 | French | |
| Micro model | 31/12/2021 | 07/05/2022 | 01/12/2022 | French | |
| Micro model | 31/12/2020 | 08/05/2021 | 29/10/2021 | French | |
| Micro model | 31/12/2019 | 09/05/2020 | 21/12/2020 | French | |
| Micro model | 31/12/2018 | 11/05/2019 | 11/10/2019 | French | |
| Micro model | 31/12/2017 | 12/05/2018 | 28/09/2018 | French | |
| Micro model | 31/12/2016 | 20/10/2017 | 27/10/2017 | French | |
| Abridged model | 31/12/2015 | 14/05/2016 | 18/08/2016 | French | |
| Abridged model | 31/12/2014 | 09/05/2015 | 13/11/2015 | French | |
| Abridged model | 31/12/2013 | 09/02/2015 | 13/02/2015 | French | |
| Abridged model | 31/12/2012 | 05/11/2013 | 07/11/2013 | French | |
| Abridged model | 31/12/2011 | 12/05/2012 | 24/08/2012 | French | |
| Abridged model | 31/12/2010 | 11/06/2011 | 30/08/2011 | French | |
| Abridged model | 31/12/2009 | 06/06/2010 | 29/09/2010 | French | |
| Abridged model | 31/12/2008 | 06/06/2009 | 13/08/2009 | French | |
| Abridged model | 31/12/2007 | 06/06/2008 | 30/09/2008 | French | |
| Abridged model | 31/12/2006 | 06/06/2007 | 28/09/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 2 ended
Active mandates
martine mathewe
ActiveEnded mandates
Martine MATHEWA
EndedMartine MATHEWE
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates07/10/2019DEMISSIONS, NOMINATIONS
- Restructuring19/07/2016CAPITAL, ACTIONS - RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring14/04/2016RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates02/12/2013SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
- Mandates30/12/2005SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-5,7 k €↓
- 2024Annual accounts 20245,9 k €↓
- 2023Annual accounts 20238,2 k €↑
- 2022Annual accounts 2022-10,1 k €↑
- 2021Annual accounts 2021-22 k €↑
- 2020Annual accounts 2020-49,3 k €↑
- 2019Annual accounts 2019-70,6 k €↓
- 2018Annual accounts 2018-42,6 k €↓
- 2017Annual accounts 201713,2 k €↑
- 2016Annual accounts 2016-13,2 k €↓
- 2015Annual accounts 201519,3 k €↑
- 2014Annual accounts 2014-23,3 k €↑
- 2013Annual accounts 2013-54,5 k €↓
- 2012Annual accounts 201263,2 k €↓
- 2011Annual accounts 2011109,6 k €↑
- 2010Annual accounts 201096,9 k €↑
- 2009Annual accounts 200959,1 k €↓
- 2008Annual accounts 200859,5 k €↓
- 2007Annual accounts 200764,1 k €↑
- 2006Annual accounts 200647,9 k €
- 01/05/1990IncorporationPublic limited company