IPCOS
0454.964.840 · rovalta.com · 21/09/2026
NORMAL SITUATION
IPCOS
Financial year 2025 · closed on 31/03/2025
Net result
-1,2 M €
-2970.6% YoY
Revenue
4,6 M €
-37.6% YoY
Equity
3,3 M €
-26.1% YoY
Workforce
19,0 ETP
-18.5% YoY
Company — Normal situation.
Overview
What does IPCOS do?
IPCOS is a company registered in Belgium. It employs on average 19,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0454.964.840
Legal form
Public limited company
Contributed capital
784 891,50 €
Latest accounts
31/03/2025
Average workforce
19,0 ETP
Joint committees (1)
- 200
Signals
Solid equityGood liquidityPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Revenue | 4,6 M € | -37.6% | 7,3 M € | +2.6% | 7,1 M € | +30.5% | 5,5 M € | – | – | – | – | 6,2 M € | -6.6% | 6,6 M € | – | – | – | – | – | – | – | – | |||||||||||||
| EBITDA | 426,1 k € | +28.1% | 332,8 k € | -66.3% | 986,8 k € | +77.4% | 556,2 k € | +9.6% | 507,7 k € | +46.1% | 347,6 k € | -7.5% | 375,9 k € | -41.4% | 641,2 k € | -35.3% | 990,9 k € | -24.7% | 1,3 M € | -19.9% | 1,6 M € | +6.2% | 1,5 M € | +65.4% | 934,5 k € | +43.7% | 650,1 k € | -4.3% | 679,3 k € | -32.6% | 1 M € | +7.7% | 935,9 k € | -36.2% | 1,5 M € |
| Operating result | 361,8 k € | +36.8% | 264,4 k € | -71.9% | 939,5 k € | +101% | 467,1 k € | +11.3% | 419,6 k € | +44.4% | 290,6 k € | +1.4% | 286,7 k € | -46.2% | 533,3 k € | -42.2% | 923,3 k € | -25.3% | 1,2 M € | -19.6% | 1,5 M € | +10.7% | 1,4 M € | +69.8% | 818,2 k € | +24.8% | 655,5 k € | +10.2% | 595,1 k € | -37.5% | 952,2 k € | +10.4% | 862,6 k € | -38.0% | 1,4 M € |
| Net result | -1,2 M € | -2971% | -37,6 k € | -102% | 1,7 M € | +1.6% | 1,7 M € | +541% | 268,3 k € | +42.0% | 189 k € | -94.3% | 3,3 M € | +945% | 315,9 k € | -44.6% | 570,4 k € | -29.7% | 811,9 k € | -16.3% | 969,9 k € | -36.7% | 1,5 M € | +153% | 606,4 k € | +22.3% | 496 k € | +14.5% | 433,3 k € | -38.4% | 703,8 k € | +23.4% | 570,2 k € | -36.7% | 901,1 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 3,3 M € | -26.1% | 4,4 M € | -0.8% | 4,5 M € | +68.7% | 2,6 M € | +87.9% | 1,4 M € | +23.6% | 1,1 M € | +19.9% | 948,7 k € | -80.5% | 4,9 M € | +6.9% | 4,6 M € | +14.3% | 4 M € | +25.6% | 3,2 M € | +44.1% | 2,2 M € | +118% | 1 M € | -81.6% | 5,5 M € | +10.3% | 5 M € | +9.6% | 4,6 M € | +18.3% | 3,8 M € | +17.4% | 3,3 M € |
| Total assets | 4,5 M € | -30.1% | 6,5 M € | -15.0% | 7,6 M € | -1.1% | 7,7 M € | -0.6% | 7,7 M € | +0.6% | 7,7 M € | +9.0% | 7,1 M € | -9.2% | 7,8 M € | +3.7% | 7,5 M € | +14.8% | 6,5 M € | +3.4% | 6,3 M € | -6.1% | 6,7 M € | -14.8% | 7,9 M € | +14.0% | 6,9 M € | +3.5% | 6,7 M € | +11.7% | 6 M € | -5.6% | 6,4 M € | +39.5% | 4,6 M € |
| Cash | 152,3 k € | -60.9% | 389,7 k € | -44.8% | 705,4 k € | +45.7% | 484,1 k € | -59.4% | 1,2 M € | +71.3% | 696,9 k € | +18.4% | 588,6 k € | -60.2% | 1,5 M € | +32.5% | 1,1 M € | +42.4% | 783 k € | +149% | 314,7 k € | +23.5% | 254,7 k € | -88.6% | 2,2 M € | +80.6% | 1,2 M € | +14.4% | 1,1 M € | +92.1% | 563,1 k € | +21.5% | 463,7 k € | +89.9% | 244,1 k € |
| Debts | 1,2 M € | -38.5% | 2 M € | -35.3% | 3 M € | -36.4% | 4,8 M € | -21.1% | 6 M € | -6.1% | 6,4 M € | +6.8% | 6 M € | +145% | 2,5 M € | +10.5% | 2,2 M € | -9.0% | 2,4 M € | -13.9% | 2,8 M € | -33.6% | 4,3 M € | -36.8% | 6,7 M € | +391% | 1,4 M € | -9.5% | 1,5 M € | +11.8% | 1,4 M € | -42.4% | 2,4 M € | +87.6% | 1,3 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 19,0 ETP | -18.5% | 23,3 ETP | +41.2% | 16,5 ETP | +18.7% | 13,9 ETP | +7.8% | 12,9 ETP | +7.5% | 12,0 ETP | -14.3% | 14,0 ETP | -17.6% | 17,0 ETP | -10.5% | 19,0 ETP | -14.4% | 22,2 ETP | -7.1% | 23,9 ETP | -1.6% | 24,3 ETP | +39.7% | 17,4 ETP | +19.2% | 14,6 ETP | -10.4% | 16,3 ETP | -11.4% | 18,4 ETP | -15.6% | 21,8 ETP | +3.3% | 21,1 ETP |
Governance
Board of directors
Seen on filing of 31/03/2025 · 2 active · 38 ended
Active mandates
Ended mandates
EDWIN WEETINK
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Abridged model | Abridged model |
| Start of the financial year | 01/04/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 15 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 17/10/2025 | 24/10/2024 | 05/06/2023 | 09/06/2022 | 04/06/2021 | 11/06/2020 |
| General meeting | 30/09/2025 | 30/09/2024 | 08/05/2023 | 09/05/2022 | 10/05/2021 | 11/05/2020 |
| 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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Try for 7 daysFilings
Annual accounts filings
29 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/03/2025 | 30/09/2025 | 17/10/2025 | Dutch | |
| Full model | 31/03/2024 | 30/09/2024 | 24/10/2024 | Dutch | |
| Full model | 31/12/2022 | 08/05/2023 | 05/06/2023 | Dutch | |
| Full model | 31/12/2021 | 09/05/2022 | 09/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 10/05/2021 | 04/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 11/05/2020 | 11/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 13/05/2019 | 16/05/2019 | Dutch | |
| Abridged model | 31/12/2017 | 14/05/2018 | 04/06/2018 | Dutch | |
| Full model | 31/12/2016 | 08/05/2017 | 08/06/2017 | Dutch | |
| Full model | 31/12/2015 | 09/05/2016 | 27/05/2016 | Dutch | |
| Abridged model | 31/12/2014 | 11/05/2015 | 29/05/2015 | Dutch | |
| Abridged model | 31/12/2013 | 12/05/2014 | 06/06/2014 | Dutch | |
| Abridged model | 31/12/2012 | 13/05/2013 | 10/06/2013 | Dutch | |
| Abridged model | 31/12/2011 | 14/05/2012 | 21/05/2012 | Dutch | |
| Abridged model | 31/12/2010 | 09/05/2011 | 09/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 10/05/2010 | 10/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 11/05/2009 | 25/05/2009 | Dutch | |
| Abridged model | 31/12/2007 | 13/05/2008 | 17/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 14/05/2007 | 08/06/2007 | Dutch | |
| Abridged model | 31/12/2005 | 08/05/2006 | 31/05/2006 | Dutch | |
| Abridged model | 31/12/2004 | 09/05/2005 | 06/06/2005 | Dutch | |
| Abridged model | 31/12/2003 | 17/05/2004 | 16/06/2004 | Dutch | |
| Abridged model | 31/12/2002 | 12/05/2003 | 27/05/2003 | Dutch | |
| Abridged model | 30/06/2001 | 03/12/2001 | 06/12/2001 | Dutch |
Valuation
Estimate
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/03/2025 · 2 active · 38 ended
Active mandates
Ended mandates
EDWIN WEETINK
EndedShareholders
Ownership and network
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Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-1,2 M €↓
- 2024Annual accounts 2024-37,6 k €↓
- 2022Annual accounts 20221,7 M €↑
- 2021Annual accounts 20211,7 M €↑
- 2020Annual accounts 2020268,3 k €↑
- 2019Annual accounts 2019189 k €↓
- 2018Annual accounts 20183,3 M €↑
- 2017Annual accounts 2017315,9 k €↓
- 2016Annual accounts 2016570,4 k €↓
- 2015Annual accounts 2015811,9 k €↓
- 2014Annual accounts 2014969,9 k €↓
- 2013Annual accounts 20131,5 M €↑
- 2012Annual accounts 2012606,4 k €↑
- 2011Annual accounts 2011496 k €↑
- 2010Annual accounts 2010433,3 k €↓
- 2009Annual accounts 2009703,8 k €↑
- 2008Annual accounts 2008570,2 k €↓
- 2007Annual accounts 2007901,1 k €