ACTIVE

I.E.A.C.

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

23,7 k €

-66.2% YoY

Gross margin

122,4 k €

-30.8% YoY

Equity

143,6 k €

-23.1% YoY

What does I.E.A.C. do?

I.E.A.C. is a Private limited company incorporated in 1993. Its registered office is in Vilvoorde.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0450.532.435

Incorporation

28/06/1993

Legal form

Private limited company

Registered office

Romeinsesteenweg 198
1800 Vilvoorde · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Joint committees (2)

14901
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	122,4 k €	-30.8%	176,8 k €	+77.8%	99,5 k €	+37.3%	72,4 k €	-1.0%	73,1 k €	-66.2%	216,5 k €	-27.7%	299,6 k €	+126%	132,8 k €	-17.9%	161,8 k €	-20.6%	203,9 k €	+2.7%	198,5 k €	-12.3%	226,2 k €	-29.5%	320,7 k €	+14.2%	280,7 k €	+37.6%	204 k €	-24.2%	269,1 k €	+5.1%	256,1 k €	-2.7%	263,3 k €	-0.4%	264,3 k €
EBITDA	59,2 k €	-46.2%	110 k €	+141%	45,7 k €	+130%	19,9 k €	-25.4%	26,7 k €	-78.9%	126,3 k €	-44.0%	225,6 k €	+226%	69,1 k €	-12.2%	78,7 k €	-10.4%	87,9 k €	+94.9%	45,1 k €	+156%	17,6 k €	-83.8%	108,6 k €	+51.8%	71,5 k €	+19.9%	59,6 k €	-30.3%	85,6 k €	+39.9%	61,2 k €	-13.0%	70,3 k €	-24.3%	92,8 k €
Operating result	38,5 k €	-63.3%	105 k €	+154%	41,3 k €	+214%	13,2 k €	+1.3%	13 k €	-74.9%	51,7 k €	-72.2%	185,6 k €	+366%	39,9 k €	-17.5%	48,3 k €	+8.4%	44,6 k €	+3421%	1,3 k €	+104%	-30,6 k €	-177%	39,8 k €	+384%	8,2 k €	+472%	1,4 k €	-95.6%	32,5 k €	+165%	12,2 k €	-44.7%	22,1 k €	-36.2%	34,7 k €
Net result	23,7 k €	-66.2%	70,1 k €	+51.1%	46,4 k €	+1486%	2,9 k €	+77.1%	1,7 k €	-94.8%	31,5 k €	-76.4%	133,7 k €	+378%	28 k €	-30.5%	40,3 k €	+12.2%	35,9 k €	+323%	8,5 k €	+131%	-27,7 k €	-225%	22,1 k €	+1280%	-1,9 k €	+73.3%	-7 k €	-139%	18,1 k €	+684%	2,3 k €	-72.5%	8,4 k €	-55.2%	18,7 k €
Balance sheet
Equity	143,6 k €	-23.1%	186,7 k €	+60.1%	116,6 k €	+66.1%	70,2 k €	+4.4%	67,2 k €	-75.6%	275,7 k €	+12.9%	244,2 k €	+121%	110,5 k €	+33.9%	82,5 k €	+95.4%	42,2 k €	-73.8%	160,9 k €	+5.6%	152,4 k €	-15.4%	180,1 k €	+14.0%	157,9 k €	-1.2%	159,8 k €	-40.1%	266,8 k €	+7.3%	248,7 k €	-20.4%	312,4 k €	+2.8%	304 k €
Total assets	241,6 k €	-31.3%	351,6 k €	+30.1%	270,2 k €	+0.2%	269,6 k €	-23.7%	353,5 k €	-44.9%	642 k €	-11.2%	722,8 k €	+91.3%	377,8 k €	+11.8%	338,1 k €	-26.9%	462,3 k €	-2.7%	474,9 k €	-1.5%	482,1 k €	-3.1%	497,7 k €	+6.0%	469,3 k €	-24.3%	620 k €	+13.0%	548,8 k €	+5.0%	522,5 k €	-6.5%	558,8 k €	-10.0%	620,7 k €
Cash	10,7 k €	+316%	2,6 k €	-83.7%	15,8 k €	+1150%	1,3 k €	-35.2%	2 k €	-96.5%	55,2 k €	+17.9%	46,8 k €	+703%	5,8 k €	-79.8%	28,9 k €	+8.0%	26,7 k €	+11843%	224 €	-95.0%	4,5 k €	-94.5%	81,5 k €	-1.1%	82,5 k €	+11.2%	74,1 k €	+45.0%	51,1 k €	-20.9%	64,7 k €	+17.5%	55 k €	-6.3%	58,7 k €
Debts	98 k €	-40.6%	164,9 k €	+9.1%	151,3 k €	-24.1%	199,4 k €	-30.3%	286,2 k €	-20.8%	361,4 k €	-23.3%	471,2 k €	+83.0%	257,4 k €	+6.4%	241,8 k €	-40.3%	405,2 k €	+36.7%	296,4 k €	-3.9%	308,3 k €	+4.6%	294,7 k €	+3.9%	283,7 k €	-34.2%	431,4 k €	+71.2%	251,9 k €	+4.7%	240,6 k €	+14.3%	210,4 k €	-23.1%	273,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		2,9 ETP	-19.4%	3,6 ETP	-25.0%	4,8 ETP	-2.0%	4,9 ETP	-12.5%	5,6 ETP	+3.7%	5,4 ETP	+3.8%	5,2 ETP	+10.6%	4,7 ETP	+11.9%	4,2 ETP	+10.5%	3,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

Esmeralda Cautaerts

Director

Active

Patrick Boudart

Director

Active

Ended mandates

Esmeralda Cautaerts

Director · since 30 août 2023

Ended

Patrick Boudart

Director · since 30 août 2023

Ended

Esmeralda Cautaerts

Manager · since 01 décembre 2007

Ended

ESMERALDA CAUTAERTS

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	28/08/2026	12/08/2025	22/08/2024	21/08/2023	10/06/2022	31/01/2022
General meeting	22/05/2026	23/05/2025	30/06/2024	15/06/2023	27/05/2022	28/05/2021
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 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	22/05/2026	28/08/2026	Dutch	PDF
Micro model	31/12/2024	23/05/2025	12/08/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	22/08/2024	Dutch	PDF
Micro model	31/12/2022	15/06/2023	21/08/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	10/06/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	31/01/2022	Dutch	PDF
Micro model	31/12/2019	22/05/2020	25/08/2020	Dutch	PDF
Micro model	31/12/2018	24/05/2019	31/08/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	29/08/2018	Dutch	PDF
Micro model	31/12/2016	26/05/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	22/05/2015	25/08/2015	Dutch	PDF
Abridged model	31/12/2013	23/05/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	24/05/2013	25/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	08/06/2012	Dutch	PDF
Abridged model	31/12/2010	11/07/2011	15/07/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	19/07/2010	Dutch	PDF
Abridged model	31/12/2008	22/05/2009	08/06/2009	Dutch	PDF
Abridged model	31/12/2007	23/05/2008	25/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	07/08/2007	Dutch	PDF

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.

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 · 6 ended

Active mandates

Esmeralda Cautaerts

Director

Active

Patrick Boudart

Director

Active

Ended mandates

Esmeralda Cautaerts

Director · since 30 août 2023

Ended

Patrick Boudart

Director · since 30 août 2023

Ended

Esmeralda Cautaerts

Manager · since 01 décembre 2007

Ended

ESMERALDA CAUTAERTS

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates07/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/08/2008
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring12/02/2003
BENAMING - DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring23/12/2002
DIVERSEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
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 202523,7 k €↓
2024
Annual accounts 202470,1 k €↑
2023
Annual accounts 202346,4 k €↑
2022
Annual accounts 20222,9 k €↑
2021
Annual accounts 20211,7 k €↓
2019
Annual accounts 201931,5 k €↓
2018
Annual accounts 2018133,7 k €↑
2017
Annual accounts 201728 k €↓
2016
Annual accounts 201640,3 k €↑
2015
Annual accounts 201535,9 k €↑
2014
Annual accounts 20148,5 k €↑
2013
Annual accounts 2013-27,7 k €↓
2012
Annual accounts 201222,1 k €↑
2011
Annual accounts 2011-1,9 k €↑
2010
Annual accounts 2010-7 k €↓
2009
Annual accounts 200918,1 k €↑
2008
Annual accounts 20082,3 k €↓
2007
Annual accounts 20078,4 k €↓
2006
Annual accounts 200618,7 k €
28/06/1993
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

I.E.A.C.

Overview

What does I.E.A.C. do?

Trend over 19 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