ACTIVE

IMAGE RECOGNITION INTEGRATED SYSTEMS GROUP

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Financial year 2025 · closed on 31/12/2025

Net result

5,6 M €

+15286.9% YoY

Equity

42,3 M €

+0.8% YoY

What does IMAGE RECOGNITION INTEGRATED SYSTEMS GROUP do?

IMAGE RECOGNITION INTEGRATED SYSTEMS GROUP is a Public limited company incorporated in 1992. Its main activity is: Activities of head offices. Its registered office is in Mont-Saint-Guibert.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.040.624

Incorporation

14/08/1992

Legal form

Public limited company

Registered office

Rue du Bosquet 17 A
1435 Mont-Saint-Guibert · WallonieSee on map

Contributed capital

38 781 512,45 €

Latest accounts

31/12/2025

Activities (NACE)

70100Activities of head offices· main 70100Activities of head offices 74151Specialised design activities

Joint committees (2)

Contacts

4 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

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
Revenue	–		–		2,5 k €	-92.6%	33,4 k €	-90.6%	354,1 k €	-91.0%	3,9 M €	-27.2%	5,4 M €	+12.0%	4,8 M €	+11.2%	4,4 M €	+25.3%	3,5 M €	+33.3%	2,6 M €	+6.3%	2,5 M €	-2.6%	2,5 M €	+3.6%	2,4 M €	+14.7%	2,1 M €	+7.4%	2 M €	-8.6%	2,2 M €	-6.5%	2,3 M €	+12.1%	2,1 M €	+55256%	3,7 k €
EBITDA	368,5 k €	+596%	-74,3 k €	+61.0%	-190,7 k €	+31.4%	-277,8 k €	+77.7%	-1,2 M €	-887%	158,1 k €	+335%	-67,1 k €	-123%	291,9 k €	+104%	-7,5 M €	-9395%	-79,4 k €	-146%	172,3 k €	+8.3%	159,1 k €	+3.3%	154 k €	+365%	-58,1 k €	-151%	114,8 k €	+24.9%	91,9 k €	-29.8%	131 k €	+594%	18,9 k €	-42.8%	33 k €	+176%	-43,4 k €
Operating result	368,3 k €	+587%	-75,6 k €	+60.8%	-192,9 k €	+32.7%	-286,5 k €	+77.3%	-1,3 M €	-1266%	108,4 k €	+181%	-133,5 k €	-158%	229 k €	+103%	-7,6 M €	-7442%	-100,5 k €	-168%	148,3 k €	+2.9%	144,1 k €	+7.9%	133,5 k €	+244%	-93 k €	-218%	78,9 k €	+180%	28,2 k €	-61.1%	72,5 k €	+186%	-84 k €	-487%	21,7 k €	+149%	-43,9 k €
Net result	5,6 M €	+15287%	-37,2 k €	-101%	5 M €	-17.4%	6,1 M €	+67.6%	3,6 M €	-78.6%	16,9 M €	+248%	-11,4 M €	-402%	3,8 M €	-10.1%	4,2 M €	+423%	-1,3 M €	-179%	1,7 M €	+50.6%	1,1 M €	+15.6%	951,8 k €	+89.3%	502,9 k €	-22.6%	649,5 k €	-82.1%	3,6 M €	-45.8%	6,7 M €	+213%	2,1 M €	-13.2%	2,5 M €	+12.3%	2,2 M €
Balance sheet
Equity	42,3 M €	+0.8%	42 M €	-0.1%	42 M €	+0.6%	41,8 M €	+0.7%	41,5 M €	+0.4%	41,3 M €	+2.1%	40,4 M €	-34.0%	61,3 M €	+6.6%	57,5 M €	+7.9%	53,3 M €	-2.4%	54,6 M €	+3.1%	52,9 M €	+2.1%	51,8 M €	+1.9%	50,9 M €	+1.0%	50,4 M €	-1.3%	51 M €	+6.1%	48,1 M €	+14.0%	42,2 M €	+2.1%	41,3 M €	+36.6%	30,3 M €
Total assets	49,6 M €	+13.0%	43,9 M €	-12.9%	50,4 M €	-8.3%	55 M €	+7.4%	51,2 M €	-22.5%	66,1 M €	+8.7%	60,8 M €	-9.3%	67 M €	+9.4%	61,2 M €	+0.2%	61,1 M €	+8.7%	56,2 M €	+3.2%	54,5 M €	-1.4%	55,3 M €	+0.6%	54,9 M €	-2.8%	56,5 M €	-2.9%	58,2 M €	+1.3%	57,4 M €	+26.5%	45,4 M €	-3.0%	46,8 M €	+34.2%	34,9 M €
Cash	189,9 €	-58.4%	456,1 €	-36.5%	718,1 €	-99.4%	119 k €	-45.5%	218,4 k €	-57.5%	513,7 k €	-24.6%	680,9 k €	-45.7%	1,3 M €	+15.7%	1,1 M €	-32.5%	1,6 M €	-83.1%	9,5 M €	+23.2%	7,7 M €	+1105%	637,9 k €	-55.4%	1,4 M €	+233%	429,6 k €	+14.3%	375,7 k €	-81.3%	2 M €	+118%	923,6 k €	-60.5%	2,3 M €	+1007%	211,1 k €
Debts	7,3 M €	+283%	1,9 M €	-77.4%	8,4 M €	-36.5%	13,2 M €	+35.9%	9,7 M €	-60.8%	24,8 M €	+21.9%	20,3 M €	+256%	5,7 M €	+53.8%	3,7 M €	-52.4%	7,8 M €	+396%	1,6 M €	+5.3%	1,5 M €	-56.3%	3,4 M €	-10.9%	3,8 M €	-37.5%	6,1 M €	-14.0%	7,1 M €	-23.1%	9,3 M €	+192%	3,2 M €	-41.8%	5,4 M €	+18.5%	4,6 M €
Other
Workforce	–		–		–		–		3,5 ETP	-82.6%	20,1 ETP	+3.6%	19,4 ETP	+9.0%	17,8 ETP	-6.8%	19,1 ETP	+7.3%	17,8 ETP	+43.5%	12,4 ETP	-10.8%	13,9 ETP	-10.3%	15,5 ETP	0.0%	15,5 ETP	-3.7%	16,1 ETP	+5.9%	15,2 ETP	-19.1%	18,8 ETP	+12.6%	16,7 ETP	+9.2%	15,3 ETP	+70.0%	9,0 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 · 3 active · 61 ended

Active mandates

Darren Rayner

Director · since 30 mai 2025 · until 30 mai 2031

Active

Marc Bory

Managing director · since 30 mai 2025 · until 30 mai 2031

Active

Marcel Nohlmans

Director · since 30 mai 2025 · until 30 mai 2031

Active

Ended mandates

Darren Rayner

Director · since 24 juin 2024 · until 28 juin 2027

Ended

Marc Bory

Managing director · since 24 juin 2024 · until 28 juin 2027

Ended

Marcel Nohlmans

Director · since 24 juin 2024 · until 28 juin 2027

Ended

Marcel Nohlmans

Director · since 01 mai 2020 · until 28 juin 2021

Ended

At this address

Other companies at this address

Company	CBE no.
IMAGE RECOGNITION INTEGRATED SYSTEMS● Active	0430.824.708

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	05/06/2026	05/06/2025	01/07/2024	10/07/2023	27/07/2022	13/07/2021
General meeting	29/05/2026	30/05/2025	28/06/2024	10/07/2023	18/07/2022	28/06/2021
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

27 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/05/2026	05/06/2026	French	PDF
Full model	31/12/2024	30/05/2025	05/06/2025	French	PDF
Full model	31/12/2023	28/06/2024	01/07/2024	French	PDF
Full model	31/12/2022	10/07/2023	10/07/2023	French	PDF
Full model	31/12/2021	18/07/2022	27/07/2022	French	PDF
Full model	31/12/2020	28/06/2021	13/07/2021	French	PDF
Full model	31/12/2019	29/06/2020	28/07/2020	French	PDF
Full model	31/12/2018	24/06/2019	05/07/2019	French	PDF
Full model	31/12/2017	25/06/2018	03/07/2018	French	PDF
Full model	31/12/2016	27/06/2017	04/07/2017	French	PDF
Full model	31/12/2015	28/06/2016	12/07/2016	French	PDF
Full model	31/12/2014	30/06/2015	10/07/2015	French	PDF
Full model	31/12/2013	24/06/2014	24/07/2014	French	PDF
Full model	31/12/2012	21/05/2013	28/05/2013	French	PDF
Consolidated accounts	31/12/2012	21/05/2013	28/05/2013	French	PDF
Full model	31/12/2011	15/05/2012	13/08/2012	French	PDF
Consolidated accounts	31/12/2011	15/05/2012	13/08/2012	French	PDF
Full model	31/12/2010	17/05/2011	27/05/2011	French	PDF
Consolidated accounts	31/12/2010	17/05/2011	27/05/2011	French	PDF
Full model	31/12/2009	18/05/2010	23/06/2010	French	PDF
Consolidated accounts	31/12/2009	18/05/2010	24/06/2010	French	PDF
Full model	31/12/2008	19/05/2009	24/07/2009	French	PDF
Consolidated accounts	31/12/2008	19/05/2009	24/07/2009	French	PDF
Full model	31/12/2007	20/05/2008	04/06/2008	French	PDF

View all 27 filings

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 · 3 active · 61 ended

Active mandates

Darren Rayner

Director · since 30 mai 2025 · until 30 mai 2031

Active

Marc Bory

Managing director · since 30 mai 2025 · until 30 mai 2031

Active

Marcel Nohlmans

Director · since 30 mai 2025 · until 30 mai 2031

Active

Ended mandates

Darren Rayner

Director · since 24 juin 2024 · until 28 juin 2027

Ended

Marc Bory

Managing director · since 24 juin 2024 · until 28 juin 2027

Ended

Marcel Nohlmans

Director · since 24 juin 2024 · until 28 juin 2027

Ended

Marcel Nohlmans

Director · since 01 mai 2020 · until 28 juin 2021

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates10/07/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates30/05/2025
SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates12/09/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates08/12/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates21/02/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates12/05/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates23/09/2019
DEMISSIONS, NOMINATIONS
PDF
Mandates14/11/2018
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 20255,6 M €↑
2024
Annual accounts 2024-37,2 k €↓
2023
Annual accounts 20235 M €↓
10/07/2023
reconductionDeloitte — Commissaire
2022
Annual accounts 20226,1 M €↑
2021
Annual accounts 20213,6 M €↓
28/06/2021
reconductionMarc Bory — administrateur
28/06/2021
reconductionDarren Rayner — administrateur
28/06/2021
reconductionMarcel Nolhmans — administrateur
2020
Annual accounts 202016,9 M €↑
2019
Annual accounts 2019-11,4 M €↓
2018
Annual accounts 20183,8 M €↓
2017
Annual accounts 20174,2 M €↑
2016
Annual accounts 2016-1,3 M €↓
2015
Annual accounts 20151,7 M €↑
2014
Annual accounts 20141,1 M €↑
2013
Annual accounts 2013951,8 k €↑
2012
Annual accounts 2012502,9 k €↓
2011
Annual accounts 2011649,5 k €↓
2010
Annual accounts 20103,6 M €↓
2009
Annual accounts 20096,7 M €↑
2008
Annual accounts 20082,1 M €↓
2007
Annual accounts 20072,5 M €↑
2006
Annual accounts 20062,2 M €
14/08/1992
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

IMAGE RECOGNITION INTEGRATED SYSTEMS GROUP

Overview

What does IMAGE RECOGNITION INTEGRATED SYSTEMS GROUP 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