ACTIVE

icode

Financial year 2025 · Closed on 31/12/2025

Net result45,4 k €+30,3 %over 1 year
Gross margin74 k €+4,9 %over 1 year
Equity22,9 k €+1,7 %over 1 year

Identity

Source · BCE/KBO

icode is a Private limited company incorporated in 1999. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Walhain.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0469.114.665
Incorporation
31/12/1999
Legal form
Private limited company
Registered office
Rue Saint-Martin(NSV) 28
1457 Walhain · WallonieSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Signals
ProfitableLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin74 k €70,5 k €88,1 k €71,5 k €48,5 k €
EBITDA72,7 k €69,3 k €87,6 k €70,8 k €47,8 k €
Operating result63,3 k €60,5 k €77,8 k €60,1 k €37,9 k €
Net result45,4 k €34,8 k €48 k €40,2 k €26 k €
Balance sheet
Equity22,9 k €22,5 k €22,2 k €22,2 k €22,1 k €
Total assets79,4 k €74,9 k €62,8 k €78,7 k €65,4 k €
Cash36,3 k €28,4 k €26,1 k €18,9 k €6 k €
Debts56,5 k €52,5 k €40,6 k €56,5 k €43,4 k €

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 31/12/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Françoise DE VIRON
Directorsince 01/01/2000Manager01/01/2000 → 2019 accountsended
IMMOBILIERE SAINT MARTIN0431.960.004Represented by Dominique de Ville de Goyet
Directorsince 03/01/2012Manager03/01/2012 → 2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Dominique de Ville de Goyet
Manager12/01/2006 → 2007 accounts
Dominique DE VILLET DE GOYET
Manager12/01/2006 → 2012 accounts

Other companies at this address

Rue Saint-Martin(NSV) 28 1457 Walhain
CompanyCBE no.
0431.960.004

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 date12/06/202617/07/202513/06/202403/07/202323/08/202211/08/2021
General meeting05/06/202606/06/202507/06/202402/06/202303/06/202204/06/2021
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, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202505/06/202612/06/2026FrenchPDF
Abridged model31/12/202406/06/202517/07/2025FrenchPDF
Abridged model31/12/202307/06/202413/06/2024FrenchPDF
Abridged model31/12/202202/06/202303/07/2023FrenchPDF
Abridged model31/12/202103/06/202223/08/2022FrenchPDF
Abridged model31/12/202004/06/202111/08/2021FrenchPDF
Abridged model31/12/201905/06/202010/08/2020FrenchPDF
Abridged model31/12/201807/06/201905/08/2019FrenchPDF
Abridged model31/12/201701/06/201811/07/2018FrenchPDF
Abridged model31/12/201602/06/201706/06/2017FrenchPDF
Abridged model30/06/201508/10/201523/12/2015FrenchPDF
Abridged model30/06/201409/10/201405/01/2015FrenchPDF
Abridged model30/06/201310/10/201310/12/2013FrenchPDF
Abridged model30/06/201210/10/201218/12/2012FrenchPDF
Abridged model30/06/201110/10/201121/12/2011FrenchPDF
Abridged model30/06/201010/10/201009/12/2010FrenchPDF
Abridged model30/06/200910/10/200926/11/2009FrenchPDF
Abridged model30/06/200810/10/200804/12/2008FrenchPDF
Abridged model30/06/200710/10/200719/12/2007FrenchPDF

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 31/12/2025

2 active · 2 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Françoise DE VIRON
Directorsince 01/01/2000Manager01/01/2000 → 2019 accountsended
IMMOBILIERE SAINT MARTIN0431.960.004Represented by Dominique de Ville de Goyet
Directorsince 03/01/2012Manager03/01/2012 → 2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Dominique de Ville de Goyet
Manager12/01/2006 → 2007 accounts
Dominique DE VILLET DE GOYET
Manager12/01/2006 → 2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates23/02/2024
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Other25/07/2016
    modification des statuts
    PDF
  • Other24/04/2012
    OBJET
    PDF
  • Mandates13/04/2012
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office12/10/2006
    Transfert du siège social
    PDF
  • Mandates28/03/2006
    L'assemblée générale extraordinaire qui s'est tenue le 12 janvier 2006 acte la nomination, en qualité de
    PDF
  • Mandates20/01/2006
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/08/2003
    DEMISSIONS, NOMINATIONS - DENOMINATION
    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
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
IMMOBILIERE SAINT MARTIN
Françoise DE VIRON
Dominique de Ville de Goyet
Dominique DE VILLET DE GOYET
1999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
icode
Rue Saint-Martin(NSV) 28, 1457 Walhain
DirectorManager
DirectorManager
Manager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue Saint-Martin(NSV) 28, 1457 WalhainCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00155246

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
icodeCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00155246

Events

  1. 2025
    Annual accounts 202545,4 k €↑
  2. 2024
    Annual accounts 202434,8 k €↓
  3. 2023
    Annual accounts 202348 k €↑
  4. 2022
    Annual accounts 202240,2 k €↑
  5. 2021
    Annual accounts 202126 k €↓
  6. 2020
    Annual accounts 202062,2 k €↑
  7. 2019
    Annual accounts 201928 k €↑
  8. 2018
    Annual accounts 201820,8 k €↓
  9. 2017
    Annual accounts 201752,6 k €↑
  10. 2016
    Annual accounts 201622,6 k €↓
  11. 2015
    Annual accounts 201534,3 k €↑
  12. 2014
    Annual accounts 201428 k €↑
  13. 2013
    Annual accounts 201313 k €↑
  14. 2012
    Annual accounts 20127,1 k €↑
  15. 2011
    Annual accounts 2011-9 k €↓
  16. 2010
    Annual accounts 20107,9 k €↑
  17. 2009
    Annual accounts 2009-14 k €↓
  18. 2008
    Annual accounts 2008-8,7 k €↓
  19. 2007
    Annual accounts 2007-739 €
  20. 31/12/1999
    IncorporationPrivate limited company