ACTIVE

IQGeo Europe

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Financial year 2024 · Closed on 31/12/2024

Net result1,4 M €+13,7 %over 1 year
Gross margin6,9 M €+58,7 %over 1 year
Equity4,9 M €+39,1 %over 1 year
Workforce45,7 ETP+14,8 %over 1 year

Identity

Source · BCE/KBO

IQGeo Europe is a Public limited company incorporated in 1998. Its main activity is: Computer programming activities. Its registered office is in Gent. It employs on average 45,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0464.687.408
Incorporation
27/11/1998
Legal form
Public limited company
Registered office
Sassevaartstraat 46 box 214
9000 Gent · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2024
Average workforce
45,7 ETP
Joint committees (4)
  • 100
  • 1000
  • 2000
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20242023202220212020
Income statement
Gross margin6,9 M €4,3 M €5,5 M €4,1 M €3,2 M €
EBITDA1,7 M €10,2 k €1,7 M €1,2 M €743,7 k €
Operating result1,5 M €-130,3 k €1,7 M €1,2 M €709 k €
Net result1,4 M €1,2 M €1,5 M €978 k €683,5 k €
Balance sheet
Equity4,9 M €3,5 M €3,5 M €1,9 M €946,7 k €
Total assets15,1 M €8,7 M €6,9 M €4,2 M €3 M €
Cash1,4 M €2,4 M €3 M €742 k €1,1 M €
Debts6,3 M €2,6 M €2,4 M €843,3 k €1,5 M €
Other
Workforce45,7 ETP39,8 ETP37,6 ETP36,1 ETP34,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

3 active · 23 ended

Active mandates

Haywood Chapman

Director · since 11 août 2022 · until 10 août 2028

Active
Richard Petti

Director · since 11 août 2022 · until 10 août 2028

Active
Raf Meersman

Director · since 26 avril 2022 · until 06 juin 2028

Active

Ended mandates

Cathy Lagasse

Director · since 26 avril 2022 · until 06 juin 2028

Ended
Paul Lagasse

Managing director · since 26 avril 2022 · until 06 juin 2028

Ended
Cathy Lagasse

Director · since 06 mai 2016 · until 06 juin 2022

Ended
Paul Lagasse

Director · since 06 mai 2016 · until 06 juin 2022

Ended

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Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date16/04/202606/11/202507/11/202509/06/202203/06/202112/06/2020
General meeting29/12/202523/10/202523/10/202507/06/202201/06/202102/06/2020
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202429/12/202516/04/2026DutchPDF
Abridged model31/12/202323/10/202506/11/2025DutchPDF
Abridged modelCorrection31/12/202223/10/202507/11/2025DutchPDF
Abridged model31/12/202230/06/202331/07/2023DutchPDF
Abridged model31/12/202107/06/202209/06/2022DutchPDF
Abridged model31/12/202001/06/202103/06/2021DutchPDF
Abridged model31/12/201902/06/202012/06/2020DutchPDF
Abridged model31/12/201804/06/201901/07/2019DutchPDF
Abridged model31/12/201705/06/201826/07/2018DutchPDF
Abridged model31/12/201606/06/201724/07/2017DutchPDF
Abridged model30/11/201507/04/201631/05/2016DutchPDF
Abridged model30/11/201407/04/201529/05/2015DutchPDF
Abridged model30/11/201306/04/201430/06/2014DutchPDF
Abridged model30/11/201206/04/201320/06/2013DutchPDF
Abridged model30/11/201106/04/201202/07/2012DutchPDF
Abridged model30/11/201006/04/201130/06/2011DutchPDF
Abridged model30/11/200906/04/201024/06/2010DutchPDF
Abridged model30/11/200806/04/200925/06/2009DutchPDF
Abridged model30/11/200707/04/200823/06/2008DutchPDF
Abridged model30/11/200606/04/200728/06/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 31/12/2024

3 active · 23 ended

Active mandates

Haywood Chapman

Director · since 11 août 2022 · until 10 août 2028

Active
Richard Petti

Director · since 11 août 2022 · until 10 août 2028

Active
Raf Meersman

Director · since 26 avril 2022 · until 06 juin 2028

Active

Ended mandates

Cathy Lagasse

Director · since 26 avril 2022 · until 06 juin 2028

Ended
Paul Lagasse

Managing director · since 26 avril 2022 · until 06 juin 2028

Ended
Cathy Lagasse

Director · since 06 mai 2016 · until 06 juin 2022

Ended
Paul Lagasse

Director · since 06 mai 2016 · until 06 juin 2022

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Other30/06/2026
    —
    PDF
  • Mandates09/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/10/2022
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other14/10/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates06/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares29/06/2016
    KAPITAAL - AANDELEN - ALGEMENE VERGADERING - BOEKJAAR - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office04/12/2015
    MAATSCHAPPELIJKE ZETEL - DIVERSEN
    PDF

Similar companies

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

See the Business plan

Timeline

  1. 2024
    Annual accounts 20241,4 M €↑
  2. 2023
    Annual accounts 20231,2 M €↓
  3. 2022
    Annual accounts 20221,5 M €↑
  4. 2022
    Name changeIQGeo Europe
  5. 2021
    Annual accounts 2021978 k €↑
  6. 2021
    Name changeComsof
  7. 2020
    Annual accounts 2020683,5 k €↑
  8. 2019
    Annual accounts 201940,2 k €↓
  9. 2018
    Annual accounts 2018611 k €↑
  10. 2017
    Annual accounts 2017545,6 k €↑
  11. 2016
    Annual accounts 2016151,7 k €↑
  12. 2015
    Annual accounts 201535,5 k €↑
  13. 2014
    Annual accounts 201418,5 k €↓
  14. 2013
    Annual accounts 201382,6 k €↓
  15. 2012
    Annual accounts 2012398 k €↑
  16. 2011
    Annual accounts 2011-170,1 k €↓
  17. 2010
    Annual accounts 201042,9 k €↑
  18. 2009
    Annual accounts 2009-37,8 k €↓
  19. 2008
    Annual accounts 200856 k €↑
  20. 2007
    Annual accounts 2007-99,9 k €↑
  21. 2006
    Annual accounts 2006-111,6 k €
  22. 27/11/1998
    IncorporationPublic limited company