ACTIVE

INEO

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Financial year 2025 · Closed on 31/12/2025

Net result980,5 k €+130,8 %over 1 year

Gross margin2,7 M €+11,8 %over 1 year

Equity1,9 M €-6,5 %over 1 year

Workforce19,0 ETP+23,4 %over 1 year

Identity

Source · BCE/KBO

INEO is a Private limited company incorporated in 1994. Its main activity is: Computer programming activities. Its registered office is in Andenne. It employs on average 19,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0453.917.339
Incorporation: 14/12/1994
Legal form: Private limited company
Registered office: Rue du Progrès 14
5300 Andenne · WallonieSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025
Average workforce: 19,0 ETP

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 74142Specialised design activities+10

Joint committees (2)

Contacts

4 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,7 M €	+11.8%	2,4 M €	-5.2%	2,6 M €	+14.6%	2,2 M €	+2.7%	2,2 M €
EBITDA	849,8 k €	+4.9%	810 k €	-15.1%	953,9 k €	+19.3%	799,5 k €	-28.2%	1,1 M €
Operating result	600,3 k €	+4.4%	574,8 k €	-21.8%	734,9 k €	+26.2%	582,5 k €	-37.5%	931,6 k €
Net result	980,5 k €	+131%	424,8 k €	-13.7%	492,2 k €	+25.2%	393,2 k €	-37.7%	631,2 k €
Balance sheet
Equity	1,9 M €	-6.5%	2 M €	-18.9%	2,5 M €	+23.7%	2 M €	+11.9%	1,8 M €
Total assets	3,7 M €	-19.1%	4,5 M €	+6.7%	4,3 M €	+13.1%	3,8 M €	+10.6%	3,4 M €
Cash	479,9 k €	+43.2%	335,1 k €	-24.0%	441,1 k €	+55.2%	284,1 k €	-31.8%	416,8 k €
Debts	742,6 k €	-51.7%	1,5 M €	+72.4%	891 k €	-3.8%	926,5 k €	-4.3%	968,2 k €
Other
Workforce	19,0 ETP	+23.4%	15,4 ETP	-1.9%	15,7 ETP	-1.3%	15,9 ETP	+21.4%	13,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period
Antoine DENIS	Directorsince 03/01/2025
Anne-Line COLSOUL	Directorsince 01/04/2018Manager01/04/2018 → 2018 accountsended
Guy COLSOUL	Directorsince 15/12/1994Manager2012 accountsendedMandate2016 accountsended

Ended mandates

Director	Mandates in this company	Period
Olivier Billa	Manager2012 accounts

Full financial information

Source · NBB

	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	02/07/2026	15/07/2025	12/06/2024	12/07/2023	30/06/2022	31/08/2021
General meeting	01/06/2026	02/06/2025	03/06/2024	05/06/2023	06/06/2022	07/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	01/06/2026	02/07/2026	French	PDF
Abridged model	31/12/2024	02/06/2025	15/07/2025	French	PDF
Abridged model	31/12/2023	03/06/2024	12/06/2024	French	PDF
Abridged model	31/12/2022	05/06/2023	12/07/2023	French	PDF
Abridged model	31/12/2021	06/06/2022	30/06/2022	French	PDF
Abridged model	31/12/2020	07/06/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	01/06/2020	31/08/2020	French	PDF
Abridged model	31/12/2018	03/06/2019	28/06/2019	French	PDF
Abridged model	31/12/2017	04/06/2018	27/06/2018	French	PDF
Abridged model	31/12/2016	05/06/2017	29/06/2017	French	PDF
Abridged model	31/12/2015	06/06/2016	01/07/2016	French	PDF
Abridged model	31/12/2014	01/06/2015	31/07/2015	French	PDF
Abridged model	31/12/2013	02/06/2014	28/07/2014	French	PDF
Abridged model	31/12/2012	03/06/2013	14/06/2013	French	PDF
Abridged model	31/12/2011	04/06/2012	04/07/2012	French	PDF
Abridged model	31/12/2010	06/06/2011	09/08/2011	French	PDF
Abridged model	31/12/2009	01/06/2010	28/07/2010	French	PDF
Abridged model	31/12/2008	01/06/2009	27/08/2009	French	PDF
Abridged model	31/12/2007	02/06/2008	10/07/2008	French	PDF
Abridged model	31/12/2006	04/06/2007	14/08/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 1 ended

Active mandates

Director	Mandates in this company	Period
Antoine DENIS	Directorsince 03/01/2025
Anne-Line COLSOUL	Directorsince 01/04/2018Manager01/04/2018 → 2018 accountsended
Guy COLSOUL	Directorsince 15/12/1994Manager2012 accountsendedMandate2016 accountsended

Ended mandates

Director	Mandates in this company	Period
Olivier Billa	Manager2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates14/07/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates14/01/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates03/05/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Registered office28/08/2020
SIEGE SOCIAL - ADRESSE AUTRE QUE SIEGE SOCIAL
PDF
Mandates12/04/2018
DEMISSIONS, NOMINATIONS
PDF
Mandates27/01/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates28/01/2008
DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Capital / shares27/09/2005
CAPITAL, ACTIONS - ASSEMBLEE GENERALE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Antoine DENIS

Anne-Line COLSOUL

Guy COLSOUL

Olivier Billa

199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

INEO

Rue du Progrès 14, 5300 Andenne

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Progrès 14, 5300 AndenneCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00256089

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
INEOCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00256089

Events

2025
Annual accounts 2025980,5 k €↑
2024
Annual accounts 2024424,8 k €↓
2023
Annual accounts 2023492,2 k €↑
2022
Annual accounts 2022393,2 k €↓
2021
Annual accounts 2021631,2 k €↑
2020
Annual accounts 2020313,1 k €↑
2019
Annual accounts 2019169,2 k €↑
2018
Annual accounts 2018163,5 k €↑
2017
Annual accounts 201717,4 k €↓
2016
Annual accounts 2016182,2 k €↓
2015
Annual accounts 2015239,1 k €↑
2014
Annual accounts 2014238,1 k €↓
2013
Annual accounts 2013278,5 k €↓
2012
Annual accounts 2012419,6 k €↑
2011
Annual accounts 2011268,6 k €↓
2010
Annual accounts 2010412,7 k €↑
2009
Annual accounts 2009296 k €↓
2008
Annual accounts 2008447,7 k €↑
2007
Annual accounts 2007406 k €↑
2006
Annual accounts 2006327,2 k €
14/12/1994
IncorporationPrivate limited company

INEO

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events