NORMAL SITUATION

Industrial Process Equipment and Chemicals

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Company — Normal situation.

Financial year 2025 · Closed on 31/12/2025

Net result-230,4 k €-672,8 %over 1 year
Gross margin279,6 k €-28,3 %over 1 year
Equity1,8 M €-11,2 %over 1 year
Workforce3,9 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

Industrial Process Equipment and Chemicals is a company registered in Belgium. It employs on average 3,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.566.355
Legal form
Public limited company
Contributed capital
74 368,06 €
Latest accounts
31/12/2025
Average workforce
3,9 ETP
Joint committees (5)
  • 0
  • 100
  • 200
  • 20000
  • 218
Signals
Solid equityGood liquidityHealthy social debts

Financials

Source · NBB, 28 filings

Trend over 13 financial years

20252024202320222021
Income statement
Gross margin279,6 k €390 k €1 M €798 k €1,2 M €
EBITDA-24,1 k €93,4 k €694,8 k €573,3 k €995,2 k €
Operating result-50 k €75 k €707,6 k €559,3 k €984,7 k €
Net result-230,4 k €40,2 k €548,9 k €480,6 k €801,4 k €
Balance sheet
Equity1,8 M €2 M €2 M €2 M €1,7 M €
Total assets1,9 M €2,4 M €6,4 M €4,1 M €3,6 M €
Cash48,1 k €239,6 k €413 k €126,2 k €428,5 k €
Debts70,4 k €360,1 k €4,3 M €1,9 M €1,7 M €
Other
Workforce3,9 ETP3,9 ETP4,0 ETP3,3 ETP3,0 ETP

Board of directors

Source · NBB, accounts to 31/12/2025

0 active · 9 ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jacky Mortelmans
Director30/06/2023 → 31/12/2025Managing director30/06/2023 → 15/05/2029
Stefaan Deboosere
Director30/06/2023 → 15/05/2029

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date13/05/202629/07/202515/07/202426/07/202328/07/202219/07/2021
General meeting15/04/202630/06/202528/06/202430/06/202328/06/202230/06/2021
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, 28 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/04/202613/05/2026DutchPDF
Abridged model31/12/202430/06/202529/07/2025DutchPDF
Abridged model31/12/202328/06/202415/07/2024DutchPDF
Abridged model31/12/202230/06/202326/07/2023DutchPDF
Abridged modelCorrection31/12/202128/06/202228/07/2022DutchPDF
Abridged model31/12/202128/06/202226/07/2022DutchPDF
Abridged model31/12/202030/06/202119/07/2021DutchPDF
Abridged model31/12/201917/08/202027/08/2020DutchPDF
Abridged model31/12/201830/06/201930/07/2019DutchPDF
Abridged model31/12/201730/06/201824/07/2018DutchPDF
Abridged model31/12/201630/06/201704/07/2017DutchPDF
Full model31/12/201530/06/201611/07/2016DutchPDF
Full model31/12/201424/07/201506/08/2015DutchPDF
Full model31/12/201328/07/201411/08/2014DutchPDF
Abridged model31/12/201215/05/201301/07/2013DutchPDF
Abridged model31/12/201115/05/201224/05/2012DutchPDF
Abridged model31/12/201016/05/201116/06/2011DutchPDF
Abridged model31/12/200917/05/201021/05/2010DutchPDF
Abridged model31/12/200815/05/200923/06/2009DutchPDF
Abridged model31/12/200715/05/200809/06/2008DutchPDF
Abridged model31/12/200615/05/200721/06/2007DutchPDF
Abridged model31/12/200515/05/200607/06/2006DutchPDF
Abridged model31/12/200417/05/200531/05/2005DutchPDF
Abridged model31/12/200315/05/200418/06/2004DutchPDF
Abridged model31/12/200215/05/200305/06/2003DutchPDF
Abridged model31/12/200115/05/200225/06/2002DutchPDF
Abridged model31/12/200015/05/200120/06/2001DutchPDF
Abridged model31/12/199927/06/200002/08/2000DutchPDF

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.

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

0 active · 9 ended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Jacky Mortelmans
Director30/06/2023 → 31/12/2025Managing director30/06/2023 → 15/05/2029
Stefaan Deboosere
Director30/06/2023 → 15/05/2029

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Restructuring20/01/2026
    NV: fusie door overneming gelijkgestelde verrichtingen- statutenwijziging
    PDF
  • Restructuring17/11/2025
    neerlegging fusievoorstel - met fusie door overneming gelijkgestelde verrichting
    PDF
  • Mandates15/01/2024
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Mandates14/12/2023
    Ontslag/(her)benoeming (gedelegeerd) bestuurder
    PDF
  • Mandates06/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/01/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/01/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates25/03/2013
    ONTSLAGEN - BENOEMINGEN
    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
Name
Registered office
Annual accounts
Filings13 filings
Mandates
TREVI FINANCE
Stefaan Deboosere
Jacky Mortelmans
Peter Vandeputte
GRAAF LODEWIJK
Jozef Lismont
Godelieve Lismont
Yvan Hamerlinck
Alex Hamerlinck
19981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
Ipec
Dulle-Grietlaan 17/1, 9050 Ledeberg (Gent)
DirectorManaging director
Director
DirectorManaging director
Managing director
Director
Director
Director
Managing director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Dulle-Grietlaan 17 bte 1, 9050 Ledeberg (Gent)
accounts 2025
Accounts 2025 · 2026-00110492
Dulle-Grietlaan 17/1, 9050 Ledeberg (Gent)
accounts 2021 → 2024
Accounts 2024 · 2025-00323736

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Ipec
accounts 2021 → 2025
Accounts 2025 · 2026-00110492

Events

  1. 2025
    Annual accounts 2025-230,4 k €↓
  2. 2024
    Annual accounts 202440,2 k €↓
  3. 2023
    Annual accounts 2023548,9 k €↑
  4. 2022
    Annual accounts 2022480,6 k €↓
  5. 2021
    Annual accounts 2021801,4 k €↑
  6. 2018
    Annual accounts 201892,9 k €↑
  7. 2012
    Annual accounts 201225,1 k €↓
  8. 2011
    Annual accounts 201139,2 k €↓
  9. 2010
    Annual accounts 201040,1 k €↓
  10. 2009
    Annual accounts 200993 k €↓
  11. 2008
    Annual accounts 2008107,1 k €↑
  12. 2007
    Annual accounts 200783,1 k €↑
  13. 2006
    Annual accounts 200628,8 k €