ACTIVE

Interconnector Zeebrugge Terminal

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Financial year 2025 · Closed on 31/12/2025

Net result844,8 k €+25,0 %over 1 year
Revenue38,9 M €+10,1 %over 1 year
Equity8,9 M €+10,5 %over 1 year

Identity

Source · BCE/KBO

Interconnector Zeebrugge Terminal is a Private limited company incorporated in 1995. Its registered office is in Bruxelles.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0454.318.009
Incorporation
16/01/1995
Legal form
Private limited company
Registered office
Rue Guimard 4
1040 Bruxelles · BruxellesSee on map
Contributed capital
136 341,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue

Financials

Source · NBB, 20 filings

Trend over 17 financial years

20252024202320222021
Income statement
Revenue38,9 M €35,3 M €31,6 M €27,8 M €27,4 M €
EBITDA1,2 M €974 k €781,3 k €600,5 k €383,2 k €
Operating result1,2 M €974 k €781,3 k €600,5 k €383,2 k €
Net result844,8 k €675,8 k €583,9 k €446,4 k €287,8 k €
Balance sheet
Equity8,9 M €8,1 M €7,4 M €6,8 M €6,4 M €
Total assets17,3 M €17 M €16,9 M €13,4 M €13,4 M €
Cash1,5 M €187 k €537,4 k €792,2 k €687,7 k €
Debts8,3 M €9 M €9,4 M €6,6 M €7 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 24 ended

Active mandates

Marta Bellagamba

Director · since 24 février 2026

Active
Eric Lorphèvre

Director · since 01 novembre 2024

Active
Livia Napolano

Director · since 03 juin 2024 · until 24 février 2026

Active
Steven De Ranter

Director · since 25 mai 2018

Active
Steve TURNER

Director · since 01 avril 2008

Active

Ended mandates

Livia Napolano

Director · since 03 juin 2024

Ended
Jan Van de Vyver

Managing director · since 01 janvier 2024 · until 01 novembre 2024

Ended
Jan Van de Vyver

Managing director · since 01 janvier 2024

Ended
Giacomo Matarazzo

Director · since 01 septembre 2022 · until 03 juin 2024

Ended

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Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/04/202624/04/202513/03/202530/05/202310/06/202224/06/2021
General meeting23/04/202623/04/202511/03/202526/04/202325/05/202214/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202523/04/202627/04/2026FrenchPDF
Full model31/12/202423/04/202524/04/2025FrenchPDF
Full modelCorrection31/12/202311/03/202513/03/2025FrenchPDF
Full model31/12/202316/04/202426/04/2024FrenchPDF
Full model31/12/202226/04/202330/05/2023FrenchPDF
Full model31/12/202125/05/202210/06/2022FrenchPDF
Full model31/12/202014/06/202124/06/2021FrenchPDF
Full model31/12/201929/05/202011/06/2020FrenchPDF
Full model31/12/201822/04/201920/05/2019FrenchPDF
Full model31/12/201718/04/201814/05/2018FrenchPDF
Full model31/12/201631/03/201724/04/2017FrenchPDF
Full model30/09/201518/12/201525/02/2016FrenchPDF
Full model30/09/201409/01/201510/02/2015FrenchPDF
Full model30/09/201309/01/201430/01/2014FrenchPDF
Full model30/09/201222/11/201203/02/2013FrenchPDF
Full model30/09/201102/12/201119/12/2011FrenchPDF
Full model30/09/201006/12/201007/02/2011FrenchPDF
Full model30/09/200904/12/200922/12/2009FrenchPDF
Full model30/09/200805/12/200822/12/2008FrenchPDF
Full model30/09/200722/11/200731/01/2008FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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

5 active · 24 ended

Active mandates

Marta Bellagamba

Director · since 24 février 2026

Active
Eric Lorphèvre

Director · since 01 novembre 2024

Active
Livia Napolano

Director · since 03 juin 2024 · until 24 février 2026

Active
Steven De Ranter

Director · since 25 mai 2018

Active
Steve TURNER

Director · since 01 avril 2008

Active

Ended mandates

Livia Napolano

Director · since 03 juin 2024

Ended
Jan Van de Vyver

Managing director · since 01 janvier 2024 · until 01 novembre 2024

Ended
Jan Van de Vyver

Managing director · since 01 janvier 2024

Ended
Giacomo Matarazzo

Director · since 01 septembre 2022 · until 03 juin 2024

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates02/04/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates09/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/01/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates19/05/2023
    DEMISSIONS, NOMINATIONS
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025844,8 k €↑
  2. 2024
    Annual accounts 2024675,8 k €↑
  3. 2023
    Annual accounts 2023583,9 k €↑
  4. 2022
    Annual accounts 2022446,4 k €↑
  5. 2022
    Name changeInterconnector Zeebrugge Terminal S.C./C.V.
  6. 2021
    Annual accounts 2021287,8 k €↑
  7. 2021
    Name changeInterconnector Zeebrugge Terminal BV/SRL
  8. 2020
    Annual accounts 2020261,6 k €↓
  9. 2019
    Annual accounts 2019368,7 k €↓
  10. 2018
    Annual accounts 2018432,5 k €↓
  11. 2017
    Annual accounts 2017535,3 k €↑
  12. 2015
    Annual accounts 2015404,8 k €↑
  13. 2014
    Annual accounts 2014394,2 k €↓
  14. 2013
    Annual accounts 2013509,4 k €↑
  15. 2012
    Annual accounts 2012441,3 k €↑
  16. 2011
    Annual accounts 2011426,6 k €↑
  17. 2010
    Annual accounts 2010338,2 k €↑
  18. 2009
    Annual accounts 2009335,7 k €↓
  19. 2008
    Annual accounts 2008526,6 k €
  20. 16/01/1995
    IncorporationPrivate limited company