ACTIVE

INCONET

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Financial year 2025 · closed on 31/12/2025

Net result

66,2 k €

-23.9% YoY

Gross margin

113,8 k €

-20.4% YoY

Equity

320,9 k €

+3.7% YoY

What does INCONET do?

INCONET is a Private limited company incorporated in 1990. Its main activity is: Computer programming activities. Its registered office is in Nieuwerkerken (Limb.).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0441.136.006

Incorporation

26/06/1990

Legal form

Private limited company

Registered office

Weyerstraat 375
3850 Nieuwerkerken (Limb.) · FlandreSee on map

Latest accounts

31/12/2025

Activities (NACE)

62010Computer programming activities· main 62020Computer consultancy activities 62100Computer programming, consultancy and related activities 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering 72220Research and experimental development on social sciences and humanities

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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
Gross margin	113,8 k €	-20.4%	143,1 k €	+4.4%	137 k €	-37.2%	218,2 k €	+49.3%	146,1 k €	+6.5%	137,1 k €	-10.5%	153,1 k €	-1.3%	155,2 k €	-12.4%	177,2 k €	+2.4%	173 k €	+3.8%	166,6 k €	-12.9%	191,3 k €	+33.0%	143,8 k €	+5.9%	135,8 k €	-36.6%	214,3 k €	-5.9%	227,7 k €	+9.5%	207,9 k €	+22.5%	169,7 k €	-1.4%	172,1 k €	-20.4%	216,1 k €
EBITDA	103,9 k €	-22.4%	133,8 k €	+31.3%	101,9 k €	-20.4%	128,1 k €	+112%	60,6 k €	-4.1%	63,2 k €	-0.5%	63,5 k €	-7.3%	68,5 k €	-26.5%	93,2 k €	+4.3%	89,4 k €	+5.8%	84,5 k €	-24.9%	112,5 k €	+73.7%	64,8 k €	+1.0%	64,1 k €	-55.3%	143,6 k €	-9.4%	158,6 k €	+11.5%	142,2 k €	+13.6%	125,2 k €	+8.6%	115,3 k €	-26.8%	157,6 k €
Operating result	90,2 k €	-25.0%	120,3 k €	+47.7%	81,5 k €	-29.7%	115,9 k €	+176%	41,9 k €	-7.4%	45,3 k €	-0.4%	45,5 k €	-25.1%	60,7 k €	-29.4%	86 k €	+5.3%	81,7 k €	+37.0%	59,6 k €	-35.4%	92,3 k €	+129%	40,3 k €	-1.6%	40,9 k €	-66.0%	120,4 k €	-13.3%	138,9 k €	+13.5%	122,4 k €	+12.3%	108,9 k €	+11.5%	97,7 k €	-30.7%	141,1 k €
Net result	66,2 k €	-23.9%	87 k €	+50.8%	57,7 k €	-28.7%	80,9 k €	+188%	28,1 k €	-8.6%	30,7 k €	-0.1%	30,8 k €	-26.6%	41,9 k €	-18.2%	51,3 k €	-0.4%	51,4 k €	+55.7%	33 k €	-47.1%	62,4 k €	+132%	26,9 k €	-3.4%	27,8 k €	-67.4%	85,3 k €	-21.0%	108 k €	+4.4%	103,5 k €	+8.7%	95,3 k €	+13.4%	84 k €	-30.0%	120 k €
Balance sheet
Equity	320,9 k €	+3.7%	309,4 k €	+6.9%	289,5 k €	+3.0%	281,1 k €	+11.7%	251,6 k €	-2.7%	258,5 k €	+12.6%	229,6 k €	+14.3%	200,8 k €	+24.9%	160,9 k €	+44.1%	111,6 k €	+85.5%	60,2 k €	-71.2%	209,1 k €	+42.5%	146,7 k €	+22.4%	119,9 k €	+30.2%	92 k €	-53.4%	197,7 k €	+52.5%	129,7 k €	+50.5%	86,1 k €	+69.3%	50,9 k €	-76.4%	215,9 k €
Total assets	365,6 k €	+4.7%	349,2 k €	+4.9%	332,8 k €	-2.4%	340,9 k €	+9.3%	311,8 k €	-1.0%	315 k €	+2.7%	306,6 k €	+20.5%	254,4 k €	+8.5%	234,4 k €	+20.1%	195,3 k €	+47.6%	132,3 k €	-51.4%	272 k €	+8.2%	251,5 k €	+9.7%	229,2 k €	-5.5%	242,5 k €	-15.8%	288 k €	+12.5%	256 k €	+26.3%	202,7 k €	+7.2%	189 k €	-47.9%	363 k €
Cash	290,3 k €	+12.1%	259 k €	+9.0%	237,7 k €	+30.9%	181,7 k €	-4.3%	189,9 k €	+18.7%	160 k €	-6.5%	171 k €	-13.6%	197,9 k €	+38.8%	142,6 k €	+14.0%	125,1 k €	+48.6%	84,2 k €	-58.8%	204,6 k €	+27.3%	160,7 k €	+38.8%	115,8 k €	+3.1%	112,3 k €	-49.1%	220,7 k €	+64.6%	134,1 k €	+53.6%	87,3 k €	+5.2%	82,9 k €	-64.9%	236,2 k €
Debts	25 k €	+22.3%	20,4 k €	-15.8%	24,3 k €	-39.6%	40,2 k €	+33.4%	30,1 k €	+7.5%	28 k €	-46.0%	51,9 k €	+81.4%	28,6 k €	-42.3%	49,6 k €	-21.8%	63,4 k €	+22.5%	51,8 k €	+33.7%	38,7 k €	-46.0%	71,7 k €	-15.8%	85,2 k €	-32.5%	126,2 k €	+93.8%	65,1 k €	-38.1%	105,2 k €	+7.2%	98,1 k €	-18.5%	120,4 k €	-6.0%	128,2 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		1,1 ETP	0.0%	1,1 ETP	0.0%	1,1 ETP	+10.0%	1,0 ETP	-9.1%	1,1 ETP	0.0%	1,1 ETP	0.0%	1,1 ETP	-15.4%	1,3 ETP	+8.3%	1,2 ETP	+9.1%	1,1 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 · 2 active · 4 ended

Active mandates

Bart Wynants

Director

Active

Jos Wijnants

Director

Active

Ended mandates

BART WYNANTS

Mandate

Ended

BART WYNANTS

Manager

Ended

JOS WIJNANTS

Mandate

Ended

JOS WIJNANTS

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro 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	23/06/2026	11/07/2025	08/07/2024	15/05/2023	22/06/2022	11/06/2021
General meeting	29/05/2026	26/06/2025	28/06/2024	12/05/2023	31/05/2022	14/05/2021
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

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	29/05/2026	23/06/2026	Dutch	PDF
Micro model	31/12/2024	26/06/2025	11/07/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	08/07/2024	Dutch	PDF
Micro model	31/12/2022	12/05/2023	15/05/2023	Dutch	PDF
Micro model	31/12/2021	31/05/2022	22/06/2022	Dutch	PDF
Micro model	31/12/2020	14/05/2021	11/06/2021	Dutch	PDF
Micro model	31/12/2019	08/05/2020	09/06/2020	Dutch	PDF
Micro model	31/12/2018	10/05/2019	15/05/2019	Dutch	PDF
Micro model	31/12/2017	11/05/2018	14/05/2018	Dutch	PDF
Micro model	31/12/2016	12/05/2017	15/05/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	08/05/2015	01/06/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	10/07/2014	Dutch	PDF
Abridged model	31/12/2012	10/05/2013	13/05/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	26/06/2012	Dutch	PDF
Abridged model	31/12/2010	09/06/2011	05/07/2011	Dutch	PDF
Abridged model	31/12/2009	14/05/2010	11/06/2010	Dutch	PDF
Abridged model	31/12/2008	08/05/2009	05/06/2009	Dutch	PDF
Abridged model	31/12/2007	09/05/2008	26/05/2008	Dutch	PDF
Abridged model	31/12/2006	11/05/2007	04/06/2007	Dutch	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 · 2 active · 4 ended

Active mandates

Bart Wynants

Director

Active

Jos Wijnants

Director

Active

Ended mandates

BART WYNANTS

Mandate

Ended

BART WYNANTS

Manager

Ended

JOS WIJNANTS

Mandate

Ended

JOS WIJNANTS

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/09/2026
ONTSLAGEN, BENOEMINGEN
PDF
Mandates02/08/2024
WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
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 202566,2 k €↓
2024
Annual accounts 202487 k €↑
2023
Annual accounts 202357,7 k €↓
2022
Annual accounts 202280,9 k €↑
2021
Annual accounts 202128,1 k €↓
2020
Annual accounts 202030,7 k €↓
2019
Annual accounts 201930,8 k €↓
2018
Annual accounts 201841,9 k €↓
2017
Annual accounts 201751,3 k €↓
2016
Annual accounts 201651,4 k €↑
2015
Annual accounts 201533 k €↓
2014
Annual accounts 201462,4 k €↑
2013
Annual accounts 201326,9 k €↓
2012
Annual accounts 201227,8 k €↓
2011
Annual accounts 201185,3 k €↓
2010
Annual accounts 2010108 k €↑
2009
Annual accounts 2009103,5 k €↑
2008
Annual accounts 200895,3 k €↑
2007
Annual accounts 200784 k €↓
2006
Annual accounts 2006120 k €
26/06/1990
IncorporationPrivate 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

INCONET

Overview

What does INCONET do?

Trend over 20 financial years

Indicative valuation

Board of directors

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