ACTIVE

IMPROVE

Export PDF

Financial year 2025 · closed on 30/09/2025

Net result

10,3 k €

+145.8% YoY

Gross margin

78,8 k €

+66.2% YoY

Equity

1,3 M €

+0.8% YoY

What does IMPROVE do?

IMPROVE is a Private limited company incorporated in 1991. Its main activity is: Management consultancy activities. Its registered office is in Gent.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.526.641

Incorporation

28/10/1991

Legal form

Private limited company

Registered office

Bruiloftstraat 127
9050 Gent · FlandreSee on map

Contributed capital

123 600,00 €

Latest accounts

30/09/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	78,8 k €	+66.2%	47,4 k €	-12.8%	54,4 k €	+153%	21,5 k €	-18.6%	26,4 k €	+41.9%	18,6 k €	-52.1%	38,8 k €	-25.6%	52,2 k €	-53.5%	112,4 k €	-1.4%	114 k €	-9.6%	126,1 k €	-6.3%	134,5 k €	-7.1%	144,7 k €	-18.0%	176,5 k €	+1.8%	173,3 k €	+32.5%	130,8 k €	-23.5%	170,9 k €	+37.8%	124,1 k €	+16.9%	106,1 k €
EBITDA	64,6 k €	+82.5%	35,4 k €	-25.4%	47,5 k €	+177%	17,1 k €	-19.3%	21,2 k €	+49.7%	14,2 k €	-29.4%	20 k €	+53.8%	13 k €	-47.6%	24,9 k €	+15.8%	21,5 k €	-14.4%	25,1 k €	-37.8%	40,3 k €	+850%	4,2 k €	-90.7%	45,6 k €	-22.7%	58,9 k €	+47.7%	39,9 k €	-28.2%	55,6 k €	+14.7%	48,5 k €	+3.5%	46,8 k €
Operating result	54,7 k €	+82.3%	30 k €	-28.5%	42 k €	+145%	17,1 k €	-19.3%	21,2 k €	+49.7%	14,2 k €	-29.4%	20 k €	+53.8%	13 k €	-47.6%	24,9 k €	+15.8%	21,5 k €	-13.7%	24,9 k €	-38.0%	40,1 k €	+10336%	-392 €	-101%	40,9 k €	-24.6%	54,3 k €	+53.5%	35,4 k €	-30.7%	51 k €	+6.9%	47,8 k €	+989%	4,4 k €
Net result	10,3 k €	+146%	-22,5 k €	-102%	1,2 M €	+73646%	1,6 k €	-68.7%	5 k €	+689%	637 €	+127%	-2,4 k €	+65.0%	-6,8 k €	-225%	5,4 k €	+92.7%	2,8 k €	-16.8%	3,4 k €	-75.9%	14,1 k €	+149%	-28,6 k €	-6352%	457 €	-97.3%	17 k €	+208%	5,5 k €	-36.5%	8,7 k €	+353%	-3,4 k €	+91.1%	-38,7 k €
Balance sheet
Equity	1,3 M €	+0.8%	1,3 M €	-1.8%	1,3 M €	+1031%	112,5 k €	+1.4%	110,9 k €	+4.7%	105,9 k €	+0.6%	105,2 k €	-2.2%	107,6 k €	-5.9%	114,4 k €	+5.0%	109 k €	+2.7%	106,1 k €	+3.3%	102,8 k €	+15.9%	88,7 k €	-24.4%	117,2 k €	+0.4%	116,8 k €	+17.1%	99,7 k €	+5.9%	94,2 k €	+10.2%	85,5 k €	+76.2%	48,5 k €
Total assets	2,5 M €	-0.6%	2,5 M €	-0.7%	2,5 M €	+106%	1,2 M €	+14.3%	1,1 M €	-3.5%	1,1 M €	+5.5%	1 M €	-17.7%	1,3 M €	-5.3%	1,3 M €	-1.2%	1,4 M €	+6.2%	1,3 M €	+2.1%	1,3 M €	+7.5%	1,2 M €	+6.1%	1,1 M €	-7.5%	1,2 M €	+12.4%	1,1 M €	-2.8%	1,1 M €	+2.6%	1,1 M €	-1.5%	1,1 M €
Cash	4,6 k €	-80.3%	23,5 k €	+156%	9,2 k €	-69.8%	30,4 k €	+402%	6,1 k €	-50.5%	12,2 k €	+62.1%	7,6 k €	+193%	2,6 k €	-45.5%	4,7 k €	-91.4%	54,8 k €	+440%	10,1 k €	-31.1%	14,7 k €	-69.6%	48,3 k €	+892%	4,9 k €	-95.4%	106,8 k €	+10652%	993 €	-38.9%	1,6 k €	-74.9%	6,5 k €	+371%	1,4 k €
Debts	1,2 M €	-3.0%	1,2 M €	+0.4%	1,2 M €	+10.8%	1,1 M €	+16.5%	937,5 k €	-4.9%	985,5 k €	+6.0%	930 k €	-17.4%	1,1 M €	-6.2%	1,2 M €	-2.4%	1,2 M €	+5.7%	1,2 M €	+1.6%	1,1 M €	+9.6%	1 M €	+8.2%	964,6 k €	-9.7%	1,1 M €	+12.8%	947 k €	-4.2%	988,4 k €	+2.0%	969,3 k €	-4.9%	1 M €
Other
Workforce	–		–		–		–		–		–		–		0,7 ETP	-66.7%	2,1 ETP	-12.5%	2,4 ETP	-14.3%	2,8 ETP	+7.7%	2,6 ETP	-31.6%	3,8 ETP	+5.6%	3,6 ETP	+12.5%	3,2 ETP	+18.5%	2,7 ETP	-28.9%	3,8 ETP	+40.7%	2,7 ETP	+12.5%	2,4 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 30/09/2025 · 2 active · 14 ended

Active mandates

Wim Verheye

Director

Active

Wouter Van Cauwenberge

Director

Active

Ended mandates

@-CIEL

Manager · since 07 décembre 2006 · 0860.892.816

Represented by Guy Steyaert

Ended

H - IMV CONSULT

Manager · since 07 décembre 2006 · 0477.107.366

Represented by Wim Verheye

Ended

PI-WI Projects

Manager · since 07 décembre 2006 · 0860.892.915

Represented by Wouter Van Cauwenberge

Ended

@-CIEL

Manager · until 31 décembre 2019 · 0860.892.816

Represented by Guy Steyaert

Ended

At this address

Other companies at this address

Company	CBE no.
Albatros24● Active	0540.922.577
e2e● Active	0447.717.950
GUIDO● Active	0444.132.811
Guidoc● Active	0443.919.708
STUDENT AID● Active	0822.443.303
Xii● Active	0465.273.465

Annual accounts

Full financial information

	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	01/10/2024	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	30/09/2025	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/03/2026	20/05/2025	28/03/2024	30/03/2023	15/03/2022	09/04/2021
General meeting	06/03/2026	07/03/2025	01/03/2024	03/03/2023	04/03/2022	05/03/2021
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 days

Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/09/2025	06/03/2026	18/03/2026	Dutch	PDF
Abridged model	30/09/2024	07/03/2025	20/05/2025	Dutch	PDF
Abridged model	30/09/2023	01/03/2024	28/03/2024	Dutch	PDF
Abridged model	30/09/2022	03/03/2023	30/03/2023	Dutch	PDF
Abridged model	30/09/2021	04/03/2022	15/03/2022	Dutch	PDF
Abridged model	30/09/2020	05/03/2021	09/04/2021	Dutch	PDF
Abridged model	30/09/2019	06/03/2020	24/04/2020	Dutch	PDF
Abridged model	30/09/2018	01/03/2019	13/05/2019	Dutch	PDF
Abridged model	30/09/2017	02/03/2018	30/04/2018	Dutch	PDF
Abridged model	30/09/2016	03/03/2017	09/05/2017	Dutch	PDF
Abridged model	30/09/2015	04/03/2016	08/04/2016	Dutch	PDF
Abridged modelCorrection	30/09/2014	06/03/2015	08/05/2015	Dutch	PDF
Abridged model	30/09/2014	06/03/2015	31/03/2015	Dutch	PDF
Abridged model	30/09/2013	07/03/2014	22/05/2014	Dutch	PDF
Abridged model	30/09/2012	01/03/2013	07/05/2013	Dutch	PDF
Abridged model	30/09/2011	02/03/2012	20/04/2012	Dutch	PDF
Abridged model	30/09/2010	04/03/2011	29/04/2011	Dutch	PDF
Abridged model	30/09/2009	05/03/2010	29/04/2010	Dutch	PDF
Abridged model	30/09/2008	06/03/2009	28/04/2009	Dutch	PDF
Abridged model	30/09/2007	07/03/2008	28/04/2008	Dutch	PDF
Abridged model	30/09/2006	02/03/2007	28/03/2007	Dutch	PDF

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 30/09/2025 · 2 active · 14 ended

Active mandates

Wim Verheye

Director

Active

Wouter Van Cauwenberge

Director

Active

Ended mandates

@-CIEL

Manager · since 07 décembre 2006 · 0860.892.816

Represented by Guy Steyaert

Ended

H - IMV CONSULT

Manager · since 07 décembre 2006 · 0477.107.366

Represented by Wim Verheye

Ended

PI-WI Projects

Manager · since 07 décembre 2006 · 0860.892.915

Represented by Wouter Van Cauwenberge

Ended

@-CIEL

Manager · until 31 décembre 2019 · 0860.892.816

Represented by Guy Steyaert

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring30/10/2023
DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring23/08/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates07/05/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/06/2008
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/12/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/01/2007
DOEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - BOEKJAAR - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates29/11/2005
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/04/2003
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 202510,3 k €↑
2024
Annual accounts 2024-22,5 k €↓
2023
Annual accounts 20231,2 M €↑
2022
Annual accounts 20221,6 k €↓
2021
Annual accounts 20215 k €↑
2020
Annual accounts 2020637 €↑
2019
Annual accounts 2019-2,4 k €↑
2018
Annual accounts 2018-6,8 k €↓
2017
Annual accounts 20175,4 k €↑
2016
Annual accounts 20162,8 k €↓
2015
Annual accounts 20153,4 k €↓
2014
Annual accounts 201414,1 k €↑
2013
Annual accounts 2013-28,6 k €↓
2012
Annual accounts 2012457 €↓
2011
Annual accounts 201117 k €↑
2010
Annual accounts 20105,5 k €↓
2009
Annual accounts 20098,7 k €↑
2008
Annual accounts 2008-3,4 k €↑
2007
Annual accounts 2007-38,7 k €
28/10/1991
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

IMPROVE

Overview

What does IMPROVE do?

Trend over 19 financial years

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