ACTIVE

IGNITY

Financial year 2025 · closed on 31/12/2025
Net result
-486,7 k €
-224.2% YoY
Gross margin
472,4 k €
-32.3% YoY
Equity
3,4 M €
-12.4% YoY
Workforce
3,8 ETP
-19.1% YoY

What does IGNITY do?

IGNITY is a Public limited company incorporated in 1999. Its registered office is in Seraing. It employs on average 3,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0466.071.439
Incorporation
18/05/1999
Legal form
Public limited company
Registered office
Rue du Bois St-Jean 15 box 1
4102 Seraing · WallonieSee on map
Contributed capital
4 150 609,09 €
Latest accounts
31/12/2025
Average workforce
3,8 ETP
Joint committees (5)
  • 100
  • 10000
  • 200
  • 20000
  • 218
Signals
Solid equityLow riskGood liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin472,4 k €698 k €759,7 k €526,4 k €563,7 k €
EBITDA-358,1 k €33 k €202,4 k €75,3 k €184,6 k €152,7 k €189,4 k €180 k €192,9 k €150,8 k €-498,7 k €-1,5 M €-1,4 M €-1 M €-832,1 k €-774,2 k €-693 k €-558,8 k €-553,9 k €-873,9 k €
Operating result-542,9 k €-153,8 k €26,5 k €-84,9 k €41,4 k €10,6 k €3,4 k €9,8 k €8,4 k €-23,5 k €-674,6 k €-1,4 M €-1,5 M €-1,1 M €-943,5 k €-858,1 k €-851,8 k €-768,4 k €-753,5 k €-1 M €
Net result-486,7 k €-150,1 k €11,8 k €-96,9 k €0 €0 €0 €0 €0 €0 €0 €0 €0 €0 €0 €-958,8 k €-169 k €0 €0 €0 €
Balance sheet
Equity3,4 M €3,9 M €4,1 M €4,1 M €4,2 M €4,2 M €4,2 M €4,2 M €4,2 M €4,2 M €4,2 M €4,2 M €4,2 M €4,2 M €4,2 M €4,2 M €5,1 M €5,3 M €5,3 M €5,3 M €
Total assets7 M €7,3 M €7,3 M €7,5 M €7,7 M €7,8 M €8,1 M €8,7 M €8,9 M €9,8 M €10,3 M €10,8 M €6,7 M €6,6 M €6,8 M €4,3 M €5,2 M €5,9 M €6,5 M €7,1 M €
Cash1,3 M €961,2 k €1,8 M €1 M €1,9 M €2,1 M €627,1 k €1,3 M €1,6 M €1,9 M €66,3 k €1,8 M €402,5 k €370,4 k €72,1 k €63,7 k €130,8 k €98,7 k €103,6 k €110,3 k €
Debts3 M €3,2 M €3,2 M €3,3 M €3,4 M €3,6 M €3,9 M €4,5 M €4,6 M €5,2 M €5,6 M €6,3 M €2,6 M €2,4 M €2,7 M €157,2 k €88,9 k €586,8 k €1,2 M €1,8 M €
Other
Workforce3,8 ETP4,7 ETP4,9 ETP4,0 ETP3,9 ETP4,0 ETP4,0 ETP4,5 ETP7,0 ETP6,9 ETP6,2 ETP6,5 ETP6,0 ETP4,8 ETP4,6 ETP4,0 ETP2,6 ETP3,2 ETP4,0 ETP3,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 10 active · 141 ended

Active mandates

Didier LEBOUTTE

Chairman of the board of directors · since 13 mai 2025 · until 13 mai 2028

Active
Eric DELACROIX

Director · since 13 mai 2025 · until 13 mai 2028

Active
Marc VAN DEN NESTE

Director · since 13 mai 2025 · until 13 mai 2028

Active
Marie-Odile CLAUDE

Director · since 13 mai 2025 · until 13 mai 2028

Active
Nathalie BURTEAU

Director · since 13 mai 2025 · until 13 mai 2028

Active
Olivier DUPONT

Director · since 13 mai 2025 · until 13 mai 2028

Active
Olivier VAN DER ELSTRAETEN

Director · since 13 mai 2025 · until 13 mai 2028

Active
Pascale DELCOMMINETTE

Director · since 13 mai 2025 · until 13 mai 2028

Active
Stéphane LUCAS

Director · since 13 mai 2025 · until 13 mai 2028

Active
Véronique JEUKENS

Director · since 13 mai 2025 · until 13 mai 2028

Active

Ended mandates

Anne-France DEPIERREUX

Director · since 21 juin 2023 · until 13 mai 2025

Ended
Marie-Odile CLAUDE

Director · since 21 juin 2023 · until 13 mai 2025

Ended
Olivier VAN DER ELSTRAETEN

Director · since 21 juin 2023 · until 13 mai 2025

Ended
Véronique JEUKENS

Director · since 21 juin 2023 · until 13 mai 2025

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date09/06/202626/08/202527/08/202426/07/202325/08/202217/08/2021
General meeting12/05/202613/05/202514/05/202416/05/202310/05/202211/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202512/05/202609/06/2026FrenchPDF
Abridged model31/12/202413/05/202526/08/2025FrenchPDF
Abridged model31/12/202314/05/202427/08/2024FrenchPDF
Abridged model31/12/202216/05/202326/07/2023FrenchPDF
Abridged model31/12/202110/05/202225/08/2022FrenchPDF
Full model31/12/202011/05/202117/08/2021FrenchPDF
Full model31/12/201912/05/202027/08/2020FrenchPDF
Full model31/12/201803/06/201902/07/2019FrenchPDF
Full model31/12/201708/05/201816/07/2018FrenchPDF
Full model31/12/201618/05/201702/08/2017FrenchPDF
Full model31/12/201530/06/201608/08/2016FrenchPDF
Full model31/12/201412/05/201525/08/2015FrenchPDF
Full modelCorrection31/12/201313/05/201423/04/2015FrenchPDF
Full model31/12/201313/05/201426/08/2014FrenchPDF
Full model31/12/201214/05/201307/06/2013FrenchPDF
Full model31/12/201108/05/201207/08/2012FrenchPDF
Full model31/12/201010/05/201125/08/2011FrenchPDF
Full model31/12/200911/05/201028/06/2010FrenchPDF
Full model31/12/200812/05/200910/07/2009FrenchPDF
Full model31/12/200713/05/200818/06/2008FrenchPDF
Full model31/12/200608/05/200711/07/2007FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 141 ended

Active mandates

Didier LEBOUTTE

Chairman of the board of directors · since 13 mai 2025 · until 13 mai 2028

Active
Eric DELACROIX

Director · since 13 mai 2025 · until 13 mai 2028

Active
Marc VAN DEN NESTE

Director · since 13 mai 2025 · until 13 mai 2028

Active
Marie-Odile CLAUDE

Director · since 13 mai 2025 · until 13 mai 2028

Active
Nathalie BURTEAU

Director · since 13 mai 2025 · until 13 mai 2028

Active
Olivier DUPONT

Director · since 13 mai 2025 · until 13 mai 2028

Active
Olivier VAN DER ELSTRAETEN

Director · since 13 mai 2025 · until 13 mai 2028

Active
Pascale DELCOMMINETTE

Director · since 13 mai 2025 · until 13 mai 2028

Active
Stéphane LUCAS

Director · since 13 mai 2025 · until 13 mai 2028

Active
Véronique JEUKENS

Director · since 13 mai 2025 · until 13 mai 2028

Active

Ended mandates

Anne-France DEPIERREUX

Director · since 21 juin 2023 · until 13 mai 2025

Ended
Marie-Odile CLAUDE

Director · since 21 juin 2023 · until 13 mai 2025

Ended
Olivier VAN DER ELSTRAETEN

Director · since 21 juin 2023 · until 13 mai 2025

Ended
Véronique JEUKENS

Director · since 21 juin 2023 · until 13 mai 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates17/08/2026
    Nomination commissaire
    PDF
  • Mandates25/09/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/06/2025
    DENOMINATION
    PDF
  • Mandates14/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates18/05/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/10/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates16/02/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/04/2019
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

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 2025-486,7 k €
  2. 2024
    Annual accounts 2024-150,1 k €
  3. 2024
    Name changeIGNITY
  4. 2023
    Annual accounts 202311,8 k €
  5. 2022
    Annual accounts 2022-96,9 k €
  6. 2021
    Annual accounts 20210 €
  7. 2021
    Name changeWSL
  8. 2020
    Annual accounts 20200 €
  9. 2019
    Annual accounts 20190 €
  10. 2018
    Annual accounts 20180 €
  11. 2017
    Annual accounts 20170 €
  12. 2016
    Annual accounts 20160 €
  13. 2015
    Annual accounts 20150 €
  14. 2014
    Annual accounts 20140 €
  15. 2013
    Annual accounts 20130 €
  16. 2012
    Annual accounts 20120 €
  17. 2011
    Annual accounts 20110 €
  18. 2010
    Annual accounts 2010-958,8 k €
  19. 2009
    Annual accounts 2009-169 k €
  20. 2008
    Annual accounts 20080 €
  21. 2007
    Annual accounts 20070 €
  22. 2006
    Annual accounts 20060 €
  23. 18/05/1999
    IncorporationPublic limited company