ACTIVE

iN2POWER

Financial year 2025 · closed on 31/12/2025
Net result
-71,6 k €
-42.5% YoY
Gross margin
586,1 k €
-17.8% YoY
Equity
309,3 k €
-18.8% YoY
Workforce
4,0 ETP
0.0% YoY

What does iN2POWER do?

iN2POWER is a Public limited company incorporated in 2000. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Evergem. It employs on average 4,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0471.368.035
Incorporation
06/03/2000
Legal form
Public limited company
Registered office
Finlandstraat 11
9940 Evergem · FlandreSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2025
Average workforce
4,0 ETP
Joint committees (1)
  • 200
Signals
Solid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172015201420132012201120102009200820072006
Income statement
Gross margin586,1 k €712,7 k €734,9 k €896,6 k €-543,2 k €559,8 k €387,6 k €-193,6 k €-36 k €15,7 k €17,9 k €14,2 k €7,4 k €12 k €8,1 k €15,3 k €-17,1 k €43,2 k €-9,1 k €
EBITDA106,1 k €253,4 k €299,1 k €268,6 k €-918,7 k €345,4 k €148,5 k €-506,4 k €-38 k €15,2 k €17,4 k €13,8 k €6,9 k €11,6 k €7,9 k €14,5 k €-18 k €42,2 k €-9,8 k €
Operating result-69,4 k €-46,2 k €-304,4 k €-310,5 k €-1,7 M €-227,4 k €-263,7 k €-597,4 k €-61,6 k €15,2 k €17,4 k €13,8 k €6,9 k €11,6 k €7,7 k €14,2 k €-18,6 k €39,7 k €-12,3 k €
Net result-71,6 k €-50,2 k €-346 k €-364,7 k €-1,8 M €-276,5 k €-321,1 k €-675,3 k €-74,3 k €10,3 k €11,6 k €13,3 k €6,8 k €11,2 k €6,9 k €13,3 k €-19,5 k €38,6 k €-12,5 k €
Balance sheet
Equity309,3 k €380,9 k €431,1 k €-1,3 M €-945,4 k €810,4 k €1,1 M €1,3 M €241,1 k €65,5 k €55,2 k €43,6 k €30,3 k €23,5 k €12,3 k €5,4 k €-7,9 k €11,6 k €-27 k €
Total assets736,2 k €855,3 k €888,9 k €2,8 M €3,7 M €2,7 M €4 M €4,5 M €1,2 M €74,2 k €70,5 k €50,4 k €32,8 k €27,4 k €35,5 k €25,5 k €7,4 k €25,1 k €7,2 k €
Cash359,7 k €54,4 k €240,3 k €124,8 k €196,7 k €56 k €22,5 k €2,8 k €4,2 k €62,6 k €44,2 k €28,9 k €22 k €11,6 k €21,8 k €255,2 €4,7 k €23,2 k €1 k €
Debts426,8 k €474,4 k €457,8 k €4,1 M €4,6 M €1,9 M €2,9 M €3 M €953 k €8,7 k €15,3 k €6,8 k €2,5 k €3,9 k €23,2 k €20,1 k €15,3 k €13,5 k €34,2 k €
Other
Workforce4,0 ETP4,0 ETP4,0 ETP4,0 ETP4,6 ETP3,6 ETP3,8 ETP4,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 38 ended

Active mandates

Andrea DELGROSSO

Director · since 20 décembre 2024 · until 20 décembre 2030

Active
Enrico GRASSI

Chairman of the board of directors · since 20 décembre 2024 · until 20 décembre 2030

Active
Gabriele GRASSI

Director · since 20 décembre 2024 · until 20 décembre 2030

Active
Valeria PRAMPOLINI

Director · since 20 décembre 2024 · until 20 décembre 2030

Active

Ended mandates

Andrea DELGROSSO

Director · since 29 mai 2024 · until 25 mai 2028

Ended
Enrico GRASSI

Chairman of the board of directors · since 29 mai 2024 · until 25 mai 2028

Ended
Gabriele GRASSI

Director · since 29 mai 2024 · until 25 mai 2028

Ended
Francesco GIOVANARDI

Director · since 18 juillet 2022 · until 25 mai 2028

Ended
At this address

Other companies at this address

CompanyCBE no.
BELGISCH GOUDActive
0660.912.567
EORTAActive
0795.666.749
0759.494.360
HOBECONActive
0475.258.428
INTERSOUNDActive
0426.566.111
INVERTOActive
0430.018.420
K & F INVESTActive
0471.996.456
K-INVESTActive
0809.915.653
0450.344.076
LEISURE INVESTActive
0860.718.513
MULTIPOWRActive
0795.743.755
PulverActive
0896.608.513
Annual accounts

Full financial information

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 date25/06/202611/06/202529/08/202419/12/202319/07/202330/08/2021
General meeting28/05/202609/05/202530/07/202418/12/202329/06/202327/05/2021
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

22 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202528/05/202625/06/2026DutchPDF
Abridged model31/12/202409/05/202511/06/2025DutchPDF
Abridged modelCorrection31/12/202330/07/202429/08/2024DutchPDF
Abridged model31/12/202330/05/202427/06/2024DutchPDF
Abridged modelCorrection31/12/202218/12/202319/12/2023DutchPDF
Abridged model31/12/202225/05/202306/07/2023DutchPDF
Abridged modelCorrection31/12/202129/06/202319/07/2023DutchPDF
Abridged model31/12/202118/07/202226/08/2022DutchPDF
Abridged model31/12/202027/05/202130/08/2021DutchPDF
Abridged model31/12/201918/06/202029/09/2020DutchPDF
Abridged model31/12/201818/06/201904/07/2019DutchPDF
Micro model30/06/201722/01/201831/01/2018DutchPDF
Abridged model31/12/201525/03/201629/07/2016DutchPDF
Abridged model31/12/201423/03/201531/08/2015DutchPDF
Abridged model31/12/201324/03/201430/07/2014DutchPDF
Abridged model31/12/201225/03/201331/07/2013DutchPDF
Abridged model31/12/201126/03/201230/07/2012DutchPDF
Abridged model31/12/201028/03/201130/07/2011DutchPDF
Abridged model31/12/200922/03/201030/07/2010DutchPDF
Abridged model31/12/200827/03/200931/07/2009DutchPDF
Abridged model31/12/200724/03/200830/07/2008DutchPDF
Abridged model31/12/200626/03/200730/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 4 active · 38 ended

Active mandates

Andrea DELGROSSO

Director · since 20 décembre 2024 · until 20 décembre 2030

Active
Enrico GRASSI

Chairman of the board of directors · since 20 décembre 2024 · until 20 décembre 2030

Active
Gabriele GRASSI

Director · since 20 décembre 2024 · until 20 décembre 2030

Active
Valeria PRAMPOLINI

Director · since 20 décembre 2024 · until 20 décembre 2030

Active

Ended mandates

Andrea DELGROSSO

Director · since 29 mai 2024 · until 25 mai 2028

Ended
Enrico GRASSI

Chairman of the board of directors · since 29 mai 2024 · until 25 mai 2028

Ended
Gabriele GRASSI

Director · since 29 mai 2024 · until 25 mai 2028

Ended
Francesco GIOVANARDI

Director · since 18 juillet 2022 · until 25 mai 2028

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/01/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Mandates23/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/06/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office14/12/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other30/07/2018
    ALGEMENE VERGADERING - BOEKJAAR
    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 2025-71,6 k €
  2. 2024
    Annual accounts 2024-50,2 k €
  3. 2023
    Annual accounts 2023-346 k €
  4. 2022
    Annual accounts 2022-364,7 k €
  5. 2021
    Annual accounts 2021-1,8 M €
  6. 2020
    Annual accounts 2020-276,5 k €
  7. 2019
    Annual accounts 2019-321,1 k €
  8. 2018
    Annual accounts 2018-675,3 k €
  9. 2017
    Annual accounts 2017-74,3 k €
  10. 2015
    Annual accounts 201510,3 k €
  11. 2015
    Name changeIN2POWER
  12. 2014
    Annual accounts 201411,6 k €
  13. 2013
    Annual accounts 201313,3 k €
  14. 2012
    Annual accounts 20126,8 k €
  15. 2011
    Annual accounts 201111,2 k €
  16. 2010
    Annual accounts 20106,9 k €
  17. 2009
    Annual accounts 200913,3 k €
  18. 2008
    Annual accounts 2008-19,5 k €
  19. 2007
    Annual accounts 200738,6 k €
  20. 2006
    Annual accounts 2006-12,5 k €
  21. 2006
    Name changeDL-MAN
  22. 06/03/2000
    IncorporationPublic limited company