ACTIVE

JICECO

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Financial year 2025 · closed on 31/12/2025

Net result

36,9 k €

-80.1% YoY

Gross margin

266,4 k €

-41.4% YoY

Equity

62 k €

0.0% YoY

Workforce

4,4 ETP

+12.8% YoY

What does JICECO do?

JICECO is a Public limited company incorporated in 1991. Its registered office is in Watermael-Boitsfort. It employs on average 4,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0445.974.227

Incorporation

03/12/1991

Legal form

Public limited company

Registered office

Chaussée de La Hulpe 150
1170 Watermael-Boitsfort · BruxellesSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

4,4 ETP

Joint committees (4)

218
323
32301
323,010

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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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	266,4 k €	-41.4%	454,7 k €	+114%	212,2 k €	+13.8%	186,5 k €	+2.8%	181,4 k €	-2.3%	185,6 k €	+9.2%	170 k €	+19.3%	142,6 k €	+14.1%	125 k €	-22.8%	162 k €	-10.6%	181,1 k €	+2.5%	176,7 k €	+31.5%	134,4 k €	-53.4%	288,1 k €	+34.6%	214,1 k €	+4.0%	205,9 k €	+3.4%	199,1 k €	+45.7%	136,7 k €	+0.7%	135,7 k €	-13.2%	156,4 k €
EBITDA	66,6 k €	-74.7%	263,3 k €	+3371%	7,6 k €	+156%	-13,6 k €	-140%	33,9 k €	-29.6%	48,2 k €	+63.8%	29,5 k €	+155%	11,6 k €	+159%	-19,6 k €	-177%	25,6 k €	-39.0%	42 k €	+13.5%	37,1 k €	+61.3%	23 k €	-49.6%	45,6 k €	-4.3%	47,7 k €	+60.8%	29,7 k €	+182%	10,5 k €	+121%	-50,3 k €	-94.2%	-25,9 k €	-272%	15,1 k €
Operating result	61,4 k €	-76.2%	257,8 k €	+5352%	4,7 k €	+125%	-18,6 k €	-162%	29,9 k €	-32.8%	44,5 k €	+72.1%	25,8 k €	+262%	7,1 k €	+131%	-22,9 k €	-273%	13,2 k €	-56.2%	30,2 k €	+19.8%	25,2 k €	+25.3%	20,1 k €	-48.3%	38,9 k €	-9.6%	43,1 k €	+49.0%	28,9 k €	+222%	9 k €	+116%	-54,5 k €	-80.1%	-30,3 k €	-465%	-5,4 k €
Net result	36,9 k €	-80.1%	185,2 k €	+7823%	-2,4 k €	+90.0%	-24 k €	-245%	16,6 k €	-44.8%	30 k €	+69.6%	17,7 k €	+252%	-11,6 k €	+57.5%	-27,4 k €	-552%	6,1 k €	-55.2%	13,5 k €	-26.5%	18,4 k €	+18.9%	15,5 k €	-50.2%	31,1 k €	-5.2%	32,8 k €	+55.8%	21 k €	+4483%	458,8 €	+101%	-63,5 k €	-73.5%	-36,6 k €	-184%	-12,9 k €
Balance sheet
Equity	62 k €	0.0%	62 k €	+327%	14,5 k €	-14.2%	16,9 k €	-58.6%	40,9 k €	+68.1%	24,3 k €	+528%	-5,7 k €	+75.7%	-23,4 k €	-99.1%	-11,7 k €	-175%	15,6 k €	+63.3%	9,6 k €	+342%	-4 k €	+82.3%	-22,3 k €	+40.9%	-37,8 k €	+45.1%	-68,9 k €	+32.2%	-101,6 k €	+17.1%	-122,7 k €	+0.4%	-123,1 k €	-106%	-59,7 k €	-159%	-23,1 k €
Total assets	187,9 k €	-19.3%	232,9 k €	+149%	93,5 k €	-18.4%	114,7 k €	+13.4%	101,1 k €	+24.0%	81,5 k €	+124%	36,3 k €	-4.5%	38,1 k €	+5.0%	36,2 k €	-48.4%	70,2 k €	-0.6%	70,7 k €	+12.7%	62,7 k €	+34.9%	46,5 k €	+11.5%	41,7 k €	+94.8%	21,4 k €	+206%	7 k €	-22.5%	9 k €	-54.2%	19,7 k €	-12.0%	22,4 k €	-85.2%	150,8 k €
Cash	124,2 k €	-30.9%	179,7 k €	+339%	41 k €	+20.9%	33,9 k €	+92.0%	17,6 k €	-66.3%	52,3 k €	+1627%	3 k €	-42.9%	5,3 k €	-34.7%	8,1 k €	-12.1%	9,3 k €	-9.8%	10,3 k €	-29.8%	14,6 k €	+110%	6,9 k €	-47.3%	13,2 k €	+612%	1,8 k €	-46.3%	3,4 k €	-22.9%	4,5 k €	-54.0%	9,7 k €	+59.5%	6,1 k €	-16.9%	7,3 k €
Debts	125,9 k €	-26.4%	170,9 k €	+117%	78,8 k €	-19.2%	97,5 k €	+62.1%	60,2 k €	+5.2%	57,2 k €	+44.2%	39,6 k €	-33.4%	59,6 k €	+24.6%	47,8 k €	-12.1%	54,4 k €	-9.7%	60,2 k €	-9.5%	66,5 k €	-3.3%	68,8 k €	-10.2%	76,6 k €	-11.7%	86,8 k €	-13.4%	100,2 k €	-19.8%	125 k €	-10.3%	139,4 k €	+70.8%	81,6 k €	-47.5%	155,6 k €
Other
Workforce	4,4 ETP	+12.8%	3,9 ETP	-17.0%	4,7 ETP	0.0%	4,7 ETP	+38.2%	3,4 ETP	+13.3%	3,0 ETP	+42.9%	2,1 ETP	+10.5%	1,9 ETP	-32.1%	2,8 ETP		–		2,6 ETP	0.0%	2,6 ETP	0.0%	2,6 ETP	-51.9%	5,4 ETP	+42.1%	3,8 ETP	0.0%	3,8 ETP	-2.6%	3,9 ETP	-2.5%	4,0 ETP	+5.3%	3,8 ETP	0.0%	3,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 5 active · 40 ended

Active mandates

A.O.L Consult

Director · since 05 mai 2026 · until 30 juin 2029 · 0795.717.724

Represented by Alexis d'Oreye de Lantremange

Active

BUSINESS OFFICE TEAM

Director · since 05 mai 2026 · until 30 juin 2029 · 0502.908.574

Represented by Philippe Jacobs

Active

Paul Waucquez

Director · since 16 mai 2023 · until 05 mai 2026

Active

MG CONSULTANCE

Managing director · since 01 janvier 2020 · until 30 juin 2029 · 0891.125.736

Represented by Matthieu Gehot

Active

LL Consult

Director · since 17 mai 2016 · until 30 juin 2029 · 0544.361.129

Represented by Laurent Legros

Active

Ended mandates

Paul Waucquez

Director · since 16 mai 2023 · until 30 juin 2026

Ended

MG CONSULTANCE

Managing director · since 01 janvier 2020 · until 15 mai 2024 · 0891.125.736

Represented by Mathieu Gehot

Ended

MG CONSULTANCE

Director · since 01 janvier 2020 · until 15 mai 2024 · 0891.125.736

Represented by Matthieu GEHOT

Ended

LL Consult

Director · since 17 mai 2016 · until 15 mai 2018 · 0544.361.129

Represented by Laurent Legros

Ended

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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	01/01/2025	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	18/05/2026	18/06/2025	18/06/2024	28/07/2023	17/06/2022	29/06/2021
General meeting	05/05/2026	20/05/2025	21/05/2024	16/05/2023	17/05/2022	18/05/2021
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
Abridged model	31/12/2025	05/05/2026	18/05/2026	French	PDF
Abridged model	31/12/2024	20/05/2025	18/06/2025	French	PDF
Abridged model	31/12/2023	21/05/2024	18/06/2024	French	PDF
Abridged model	31/12/2022	16/05/2023	28/07/2023	French	PDF
Abridged model	31/12/2021	17/05/2022	17/06/2022	French	PDF
Abridged model	31/12/2020	18/05/2021	29/06/2021	French	PDF
Abridged model	31/12/2019	19/05/2020	20/07/2020	French	PDF
Abridged model	31/12/2018	21/05/2019	27/06/2019	French	PDF
Abridged model	31/12/2017	15/05/2018	31/07/2018	French	PDF
Micro model	31/12/2016	16/05/2017	18/07/2017	French	PDF
Abridged model	31/12/2015	17/05/2016	14/07/2016	French	PDF
Abridged model	31/12/2014	19/05/2015	27/07/2015	French	PDF
Abridged model	31/12/2013	20/05/2014	16/06/2014	French	PDF
Abridged model	31/12/2012	21/05/2013	21/06/2013	French	PDF
Abridged model	31/12/2011	15/05/2012	06/06/2012	French	PDF
Abridged model	31/12/2010	17/05/2011	08/06/2011	French	PDF
Abridged model	31/12/2009	18/05/2010	27/05/2010	French	PDF
Abridged model	31/12/2008	19/05/2009	04/06/2009	French	PDF
Abridged model	31/12/2007	20/05/2008	13/06/2008	French	PDF
Abridged model	31/12/2006	15/06/2007	19/06/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 5 active · 40 ended

Active mandates

A.O.L Consult

Director · since 05 mai 2026 · until 30 juin 2029 · 0795.717.724

Represented by Alexis d'Oreye de Lantremange

Active

BUSINESS OFFICE TEAM

Director · since 05 mai 2026 · until 30 juin 2029 · 0502.908.574

Represented by Philippe Jacobs

Active

Paul Waucquez

Director · since 16 mai 2023 · until 05 mai 2026

Active

MG CONSULTANCE

Managing director · since 01 janvier 2020 · until 30 juin 2029 · 0891.125.736

Represented by Matthieu Gehot

Active

LL Consult

Director · since 17 mai 2016 · until 30 juin 2029 · 0544.361.129

Represented by Laurent Legros

Active

Ended mandates

Paul Waucquez

Director · since 16 mai 2023 · until 30 juin 2026

Ended

MG CONSULTANCE

Managing director · since 01 janvier 2020 · until 15 mai 2024 · 0891.125.736

Represented by Mathieu Gehot

Ended

MG CONSULTANCE

Director · since 01 janvier 2020 · until 15 mai 2024 · 0891.125.736

Represented by Matthieu GEHOT

Ended

LL Consult

Director · since 17 mai 2016 · until 15 mai 2018 · 0544.361.129

Represented by Laurent Legros

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/08/2026
DEMISSION, NOMINATION ET EMOLUMENTS DES ADMINISTRATEURS
PDF
Mandates04/09/2023
DEMISSIONS, NOMINATIONS
PDF
Other16/03/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates26/08/2020
DEMISSIONS, NOMINATIONS
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 202536,9 k €↓
2024
Annual accounts 2024185,2 k €↑
2023
Annual accounts 2023-2,4 k €↑
2022
Annual accounts 2022-24 k €↓
2021
Annual accounts 202116,6 k €↓
2020
Annual accounts 202030 k €↑
2019
Annual accounts 201917,7 k €↑
2018
Annual accounts 2018-11,6 k €↑
2017
Annual accounts 2017-27,4 k €↓
2016
Annual accounts 20166,1 k €↓
2015
Annual accounts 201513,5 k €↓
2014
Annual accounts 201418,4 k €↑
2013
Annual accounts 201315,5 k €↓
2012
Annual accounts 201231,1 k €↓
2011
Annual accounts 201132,8 k €↑
2010
Annual accounts 201021 k €↑
2009
Annual accounts 2009458,8 €↑
2008
Annual accounts 2008-63,5 k €↓
2007
Annual accounts 2007-36,6 k €↓
2006
Annual accounts 2006-12,9 k €
03/12/1991
IncorporationPublic 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

JICECO

Overview

What does JICECO do?

Trend over 20 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