ACTIVE

Industrial Boiler Technologies

Financial year 2025 · Closed on 31/03/2025

Net result15,6 k €-89,2 %over 1 year
Gross margin123 k €-54,8 %over 1 year
Equity861,3 k €-1,6 %over 1 year
Workforce1,4 ETP+75,0 %over 1 year

Identity

Source · BCE/KBO

Industrial Boiler Technologies is a Public limited company incorporated in 1998. Its main activity is: Manufacture of central heating radiators and boilers. Its registered office is in Gavere. It employs on average 1,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0462.584.486
Incorporation
06/02/1998
Legal form
Public limited company
Registered office
Legen Heirweg 43
9890 Gavere · FlandreSee on map
Contributed capital
61 973,38 €
Latest accounts
31/03/2025
Average workforce
1,4 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 17 financial years

20252024202320222019
Income statement
Gross margin123 k €272,4 k €195,3 k €256,3 k €147,8 k €
EBITDA23,9 k €206,6 k €141 k €199,7 k €85,3 k €
Operating result19,6 k €203,7 k €136,4 k €190,7 k €57,4 k €
Net result15,6 k €144,9 k €98,2 k €146,7 k €39,1 k €
Balance sheet
Equity861,3 k €875,8 k €730,8 k €689,1 k €496,3 k €
Total assets938,8 k €1 M €900,5 k €880,3 k €642,2 k €
Cash62,1 k €186,7 k €173,8 k €293,6 k €5 k €
Debts77,5 k €148 k €166,1 k €191,2 k €144,1 k €
Other
Workforce1,4 ETP0,8 ETP0,8 ETP–1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/03/2025

5 active · 18 ended

Active mandates

Bart Vanrijsselberghe Consulting

Director · since 01 avril 2025 · until 30 septembre 2028 · 1020.787.715

Represented by Bart VANRIJSSELBERGHE

Active
Bart Vanrijsselberghe

Director · since 01 juillet 2022 · until 31 mars 2025

Active
GMBC

Managing director · since 01 juillet 2022 · until 01 juillet 2028 · 0466.106.576

Represented by Jonas DECONINCK

Active
Geert Deconinck

Director · since 28 juin 2022 · until 28 juin 2028

Active
Piet Deconinck

Director · since 28 juin 2022 · until 28 juin 2028

Active

Ended mandates

Bart Vanrijsselberghe

Director · since 01 juillet 2022 · until 01 juillet 2028

Ended
GMBC

Director · since 01 juillet 2022 · until 01 juillet 2028 · 0466.106.576

Represented by Jonas DECONINCK

Ended
Geert Deconinck

Director · since 28 juin 2016 · until 28 juin 2022

Ended
Geert Deconinck

Director · since 28 juin 2016

Ended

Other companies at this address

Legen Heirweg 43 9890 Gavere
CompanyCBE no.
DECONINCK● Active
0427.460.390
Deconinck Groep● Active
1035.325.144

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date21/10/202510/10/202427/10/202327/10/202215/10/202124/09/2020
General meeting30/09/202526/09/202412/09/202330/09/202227/09/202108/09/2020
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202530/09/202521/10/2025DutchPDF
Abridged model31/03/202426/09/202410/10/2024DutchPDF
Abridged model31/03/202312/09/202327/10/2023DutchPDF
Abridged model31/03/202230/09/202227/10/2022DutchPDF
Abridged model31/03/202127/09/202115/10/2021DutchPDF
Abridged model31/03/202008/09/202024/09/2020DutchPDF
Abridged model31/03/201921/09/201908/10/2019DutchPDF
Abridged model31/03/201811/09/201818/10/2018DutchPDF
Abridged model31/03/201729/09/201704/10/2017DutchPDF
Abridged model31/03/201613/09/201623/09/2016DutchPDF
Abridged model31/03/201524/09/201525/09/2015DutchPDF
Abridged model31/03/201409/09/201424/10/2014DutchPDF
Abridged model31/03/201312/09/201313/09/2013DutchPDF
Abridged model31/03/201228/09/201223/11/2012DutchPDF
Abridged model31/03/201109/08/201126/09/2011DutchPDF
Abridged model31/03/201028/06/201027/09/2010DutchPDF
Abridged model31/03/200921/09/200922/09/2009DutchPDF
Abridged model31/03/200809/09/200813/10/2008DutchPDF
Abridged model31/03/200724/09/200727/09/2007DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/03/2025

5 active · 18 ended

Active mandates

Bart Vanrijsselberghe Consulting

Director · since 01 avril 2025 · until 30 septembre 2028 · 1020.787.715

Represented by Bart VANRIJSSELBERGHE

Active
Bart Vanrijsselberghe

Director · since 01 juillet 2022 · until 31 mars 2025

Active
GMBC

Managing director · since 01 juillet 2022 · until 01 juillet 2028 · 0466.106.576

Represented by Jonas DECONINCK

Active
Geert Deconinck

Director · since 28 juin 2022 · until 28 juin 2028

Active
Piet Deconinck

Director · since 28 juin 2022 · until 28 juin 2028

Active

Ended mandates

Bart Vanrijsselberghe

Director · since 01 juillet 2022 · until 01 juillet 2028

Ended
GMBC

Director · since 01 juillet 2022 · until 01 juillet 2028 · 0466.106.576

Represented by Jonas DECONINCK

Ended
Geert Deconinck

Director · since 28 juin 2016 · until 28 juin 2022

Ended
Geert Deconinck

Director · since 28 juin 2016

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring07/08/2026
    KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring08/05/2026
    BENAMING - DOEL - KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/02/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring25/02/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates14/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/12/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates31/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/05/2022
    ONTSLAGEN - BENOEMINGEN
    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 202515,6 k €↓
  2. 2024
    Annual accounts 2024144,9 k €↑
  3. 2023
    Annual accounts 202398,2 k €↓
  4. 2022
    Annual accounts 2022146,7 k €↑
  5. 2019
    Annual accounts 201939,1 k €↑
  6. 2018
    Annual accounts 201834,5 k €↓
  7. 2017
    Annual accounts 201742,9 k €↑
  8. 2016
    Annual accounts 201627,4 k €↓
  9. 2015
    Annual accounts 201556,7 k €↓
  10. 2014
    Annual accounts 2014118,8 k €↑
  11. 2013
    Annual accounts 20133,1 k €↓
  12. 2012
    Annual accounts 201212,5 k €↑
  13. 2011
    Annual accounts 20116,6 k €↓
  14. 2010
    Annual accounts 201031,3 k €↓
  15. 2009
    Annual accounts 2009102,8 k €↑
  16. 2008
    Annual accounts 200834,3 k €↓
  17. 2007
    Annual accounts 200772,2 k €
  18. 06/02/1998
    IncorporationPublic limited company