ACTIVE

IFTECH

Financial year 2024 · closed on 31/12/2024
Net result
289,6 k €
+5429.7% YoY
Gross margin
2,2 M €
+43.8% YoY
Equity
1,5 M €
+20.1% YoY
Workforce
21,4 ETP
+17.6% YoY

What does IFTECH do?

IFTECH is a Public limited company incorporated in 2000. Its main activity is: Plumbing, heat and air-conditioning installation. Its registered office is in Beringen. It employs on average 21,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0471.942.612
Incorporation
17/05/2000
Legal form
Public limited company
Registered office
Koolmijnlaan 181
3582 Beringen · FlandreSee on map
Contributed capital
820 000,00 €
Latest accounts
31/12/2024
Average workforce
21,4 ETP
Joint committees (3)
  • 14901
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202420232022202120202018201720162015201420132012201120102009200820072006
Income statement
Gross margin2,2 M €1,5 M €1,2 M €1 M €1,1 M €610,6 k €354,9 k €255,9 k €264,4 k €44,1 k €6,8 k €42,3 k €123,6 k €132,4 k €97,1 k €48,9 k €36 k €-14,8 k €
EBITDA493,4 k €135,3 k €96 k €47,1 k €371,1 k €192,9 k €101,5 k €60,4 k €95,8 k €37,5 k €-5,7 k €12,3 k €40,2 k €40,7 k €35,5 k €47,8 k €31,9 k €-18,2 k €
Operating result392,3 k €38,9 k €-20,2 k €23 k €212,8 k €153,7 k €79,6 k €50,6 k €92,4 k €9,9 k €-40,2 k €-22,3 k €7 k €7,5 k €28,5 k €47,8 k €31,9 k €-18,9 k €
Net result289,6 k €5,2 k €-36,5 k €-19,5 k €137,6 k €85,3 k €48,6 k €27,1 k €90,8 k €7 k €-42,4 k €-25 k €4,6 k €5,5 k €27,6 k €47,8 k €31,9 k €-19,1 k €
Balance sheet
Equity1,5 M €1,2 M €1,2 M €1,3 M €1,3 M €1 M €209,1 k €160,4 k €133,3 k €42,5 k €35,5 k €77,9 k €102,9 k €98,3 k €92,8 k €65,2 k €17,4 k €-14,5 k €
Total assets7,1 M €3,9 M €3,7 M €3,1 M €2,8 M €3 M €1,7 M €1,4 M €1,4 M €260,3 k €135,9 k €275,7 k €406,4 k €298 k €273,4 k €130,6 k €123,4 k €99,5 k €
Cash429,3 k €314,8 k €286,2 k €649,7 k €681,8 k €716,5 k €319,4 k €52,3 k €192,9 k €15,3 k €2,1 k €28,9 k €84,5 k €40,6 k €45,8 k €5,9 k €48 k €5,7 k €
Debts5,4 M €2,5 M €2,3 M €1,6 M €1,4 M €1,9 M €1,4 M €1,2 M €1,3 M €210,9 k €96 k €197,8 k €303,5 k €199,7 k €180,6 k €65,4 k €106 k €112,9 k €
Other
Workforce21,4 ETP18,2 ETP15,2 ETP15,4 ETP13,8 ETP5,0 ETP4,0 ETP3,8 ETP2,7 ETP1,0 ETP1,0 ETP1,1 ETP1,6 ETP1,0 ETP0,9 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 31/12/2024 · 6 active · 47 ended

Active mandates

Aart SNIJDERS

Director · since 28 juin 2024 · until 11 juin 2027

Active
ADVIESBUREAU INZAKE GRONDWATERTECHNIEKEN

Director · since 28 juin 2024 · until 11 juin 2027 · 0459.259.762

Represented by Jozef VAN STEENWINKEL

Active
ELBOTECH

Director · since 28 juin 2024 · until 11 juin 2027 · 0882.983.080

Represented by Nancy Vervoort

Active
G&R -Consult

Director · since 28 juin 2024 · until 13 juin 2025 · 0553.555.145

Represented by Louis (Ludo) Pellens

Active
GROEP VAN ROEY

Director · since 28 juin 2024 · until 11 juin 2027 · 0422.924.651

Represented by Eddy Cox

Active
Mercurius Value Creation

Director · since 28 juin 2024 · until 11 juin 2027 · 0598.901.853

Represented by Geert VERACHTERT

Active

Ended mandates

GROEP VAN ROEY

Director · since 20 décembre 2023 · until 28 juin 2024 · 0422.924.651

Represented by Eddy Cox

Ended
G&R -Consult

Director · since 17 février 2023 · until 28 juin 2024 · 0553.555.145

Represented by Louis (Ludo) Pellens

Ended
ADVIESBUREAU INZAKE GRONDWATERTECHNIEKEN

Director · since 18 juin 2021 · until 14 juin 2024 · 0459.259.762

Represented by Jozef VAN STEENWINKEL

Ended
Aart SNIJDERS

Director · since 11 juin 2021 · until 14 juin 2024

Ended
At this address

Other companies at this address

CompanyCBE no.
0685.424.863
BERRENTECActive
0817.201.541
0834.624.424
GUTAMI SOLARBankrupt
0562.851.111
0780.366.582
Annual accounts

Full financial information

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 date01/07/202503/07/202413/06/202315/06/202216/06/202106/07/2020
General meeting13/06/202528/06/202409/06/202310/06/202211/06/202112/06/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202413/06/202501/07/2025DutchPDF
Abridged model31/12/202328/06/202403/07/2024DutchPDF
Abridged model31/12/202209/06/202313/06/2023DutchPDF
Abridged model31/12/202110/06/202215/06/2022DutchPDF
Abridged model31/12/202011/06/202116/06/2021DutchPDF
Abridged model31/12/201912/06/202006/07/2020DutchPDF
Abridged model31/12/201817/05/201911/06/2019DutchPDF
Abridged model31/12/201718/05/201801/10/2018DutchPDF
Abridged model31/12/201609/06/201717/08/2017DutchPDF
Abridged model31/12/201502/05/201630/08/2016DutchPDF
Abridged model31/12/201412/06/201524/08/2015DutchPDF
Abridged model31/12/201313/06/201410/09/2014DutchPDF
Abridged model31/12/201214/06/201313/08/2013DutchPDF
Abridged model31/12/201108/06/201231/07/2012DutchPDF
Abridged model31/12/201010/06/201119/08/2011DutchPDF
Abridged model31/12/200911/06/201029/07/2010DutchPDF
Abridged model31/12/200812/06/200920/07/2009DutchPDF
Abridged model31/12/200702/05/200821/05/2008DutchPDF
Abridged model31/12/200602/05/200704/06/2007DutchPDF
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 31/12/2024 · 6 active · 47 ended

Active mandates

Aart SNIJDERS

Director · since 28 juin 2024 · until 11 juin 2027

Active
ADVIESBUREAU INZAKE GRONDWATERTECHNIEKEN

Director · since 28 juin 2024 · until 11 juin 2027 · 0459.259.762

Represented by Jozef VAN STEENWINKEL

Active
ELBOTECH

Director · since 28 juin 2024 · until 11 juin 2027 · 0882.983.080

Represented by Nancy Vervoort

Active
G&R -Consult

Director · since 28 juin 2024 · until 13 juin 2025 · 0553.555.145

Represented by Louis (Ludo) Pellens

Active
GROEP VAN ROEY

Director · since 28 juin 2024 · until 11 juin 2027 · 0422.924.651

Represented by Eddy Cox

Active
Mercurius Value Creation

Director · since 28 juin 2024 · until 11 juin 2027 · 0598.901.853

Represented by Geert VERACHTERT

Active

Ended mandates

GROEP VAN ROEY

Director · since 20 décembre 2023 · until 28 juin 2024 · 0422.924.651

Represented by Eddy Cox

Ended
G&R -Consult

Director · since 17 février 2023 · until 28 juin 2024 · 0553.555.145

Represented by Louis (Ludo) Pellens

Ended
ADVIESBUREAU INZAKE GRONDWATERTECHNIEKEN

Director · since 18 juin 2021 · until 14 juin 2024 · 0459.259.762

Represented by Jozef VAN STEENWINKEL

Ended
Aart SNIJDERS

Director · since 11 juin 2021 · until 14 juin 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates31/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office23/04/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/03/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/09/2021
    ONTSLAGEN - BENOEMINGEN
    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. 2024
    Annual accounts 2024289,6 k €
  2. 2023
    Annual accounts 20235,2 k €
  3. 2022
    Annual accounts 2022-36,5 k €
  4. 2021
    Annual accounts 2021-19,5 k €
  5. 2020
    Annual accounts 2020137,6 k €
  6. 2018
    Annual accounts 201885,3 k €
  7. 2017
    Annual accounts 201748,6 k €
  8. 2016
    Annual accounts 201627,1 k €
  9. 2015
    Annual accounts 201590,8 k €
  10. 2014
    Annual accounts 20147 k €
  11. 2013
    Annual accounts 2013-42,4 k €
  12. 2012
    Annual accounts 2012-25 k €
  13. 2011
    Annual accounts 20114,6 k €
  14. 2010
    Annual accounts 20105,5 k €
  15. 2009
    Annual accounts 200927,6 k €
  16. 2008
    Annual accounts 200847,8 k €
  17. 2008
    Name changeIFTECH
  18. 2007
    Annual accounts 200731,9 k €
  19. 2006
    Annual accounts 2006-19,1 k €
  20. 2006
    Name changeIF FLANDERS
  21. 17/05/2000
    IncorporationPublic limited company