ACTIVE

IFUCARE

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Financial year 2025 · closed on 31/12/2025

Net result

1,8 M €

+63.2% YoY

Gross margin

2,6 M €

+39.3% YoY

Equity

3,1 M €

+137.6% YoY

Workforce

4,7 ETP

-4.1% YoY

What does IFUCARE do?

IFUCARE is a Private limited company incorporated in 2000. Its main activity is: Management consultancy activities. Its registered office is in Antwerpen. It employs on average 4,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0471.972.009

Incorporation

25/05/2000

Legal form

Private limited company

Registered office

Groenenborgerlaan 16
2610 Antwerpen · FlandreSee on map

Contributed capital

6 731,00 €

Latest accounts

31/12/2025

Average workforce

4,7 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 62900Computer programming, consultancy and related activities

Joint committees (2)

2000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	2,6 M €	+39.3%	1,9 M €	-47.7%	3,6 M €	-13.8%	4,1 M €	+3.4%	4 M €	+91.2%	2,1 M €	+62.3%	1,3 M €	+84.0%	699,4 k €	-12.7%	801,1 k €	+16.6%	687,1 k €	+72.7%	397,9 k €	+22.6%	324,6 k €	+92.0%	169,1 k €	+8.1%	156,4 k €	+23.0%	127,2 k €	+14.9%	110,7 k €	+50.1%	73,7 k €	-16.6%	88,4 k €	-9.2%	97,4 k €
EBITDA	2,1 M €	+56.6%	1,4 M €	+35.0%	1 M €	+79.9%	560,3 k €	-70.9%	1,9 M €	+165%	727,8 k €	+124%	325,4 k €	+395%	-110,3 k €	-129%	386,4 k €	-4.9%	406,5 k €	+140%	169,1 k €	-7.6%	183 k €	+170%	67,8 k €	+35.4%	50,1 k €	+8.4%	46,2 k €	+30.5%	35,4 k €	+209%	-32,3 k €	-105%	-15,8 k €	-197%	16,3 k €
Operating result	2 M €	+78.2%	1,1 M €	+67.5%	662,6 k €	+200%	221 k €	-87.4%	1,8 M €	+170%	650,3 k €	+118%	298,1 k €	+306%	-145 k €	-140%	362,9 k €	-9.3%	399,9 k €	+149%	160,8 k €	-7.1%	173,1 k €	+193%	59,1 k €	+47.7%	40 k €	+6.8%	37,5 k €	+32.8%	28,2 k €	+168%	-41,7 k €	-50.8%	-27,6 k €	-433%	8,3 k €
Net result	1,8 M €	+63.2%	1,1 M €	+141%	457,4 k €	+1076%	38,9 k €	-97.0%	1,3 M €	+180%	461,7 k €	+91.1%	241,6 k €	+264%	-147,5 k €	-163%	232,8 k €	-12.4%	265,8 k €	+155%	104,1 k €	-8.4%	113,6 k €	+187%	39,6 k €	+38.2%	28,6 k €	-3.1%	29,6 k €	-10.2%	32,9 k €	+186%	-38,5 k €	-40.8%	-27,3 k €	-418%	8,6 k €
Balance sheet
Equity	3,1 M €	+138%	1,3 M €	+131%	566,8 k €	+418%	109,4 k €	-92.0%	1,4 M €	+76.1%	778,1 k €	+26.2%	616,4 k €	+17.5%	524,8 k €	-21.9%	672,3 k €	+53.0%	439,5 k €	+172%	161,3 k €	-37.3%	257,2 k €	+79.2%	143,5 k €	+38.1%	103,9 k €	+38.0%	75,3 k €	-28.8%	105,7 k €	+45.2%	72,8 k €	-34.6%	111,3 k €	-19.7%	138,6 k €
Total assets	4,4 M €	+25.5%	3,5 M €	-27.6%	4,8 M €	+43.4%	3,4 M €	+8.9%	3,1 M €	+77.5%	1,7 M €	+69.2%	1 M €	+50.5%	685,2 k €	-21.0%	867,1 k €	+36.4%	635,8 k €	+10.6%	574,8 k €	+56.4%	367,6 k €	+43.8%	255,7 k €	+60.2%	159,6 k €	+0.8%	158,4 k €	+18.1%	134,1 k €	+10.8%	121 k €	-21.3%	153,8 k €	-14.6%	180 k €
Cash	136,3 k €	+69.8%	80,3 k €	-49.4%	158,5 k €	-40.7%	267,2 k €	-78.8%	1,3 M €	+140%	525,5 k €	+48.9%	352,9 k €	+528%	56,2 k €	-89.5%	535,7 k €	+65.2%	324,2 k €	+26.6%	256,1 k €	+20.9%	211,9 k €	+46.0%	145,1 k €	+80.8%	80,3 k €	+20.1%	66,8 k €	+30.5%	51,2 k €	+7.3%	47,7 k €	+11.5%	42,8 k €	-65.9%	125,4 k €
Debts	303,9 k €	-75.0%	1,2 M €	-9.5%	1,3 M €	+52.3%	882,3 k €	-38.3%	1,4 M €	+106%	692,9 k €	+84.8%	375 k €	+134%	160,4 k €	-17.7%	194,8 k €	-0.8%	196,3 k €	-52.5%	413,5 k €	+275%	110,4 k €	+103%	54,5 k €	-0.1%	54,5 k €	-33.0%	81,4 k €	+210%	26,3 k €	-43.0%	46,1 k €	+10.4%	41,7 k €	+5.7%	39,5 k €
Other
Workforce	4,7 ETP	-4.1%	4,9 ETP	-78.2%	22,5 ETP	-5.5%	23,8 ETP	+19.6%	19,9 ETP	+38.2%	14,4 ETP	+38.5%	10,4 ETP	+8.3%	9,6 ETP	+68.4%	5,7 ETP	+58.3%	3,6 ETP	+9.1%	3,3 ETP	+73.7%	1,9 ETP	+35.7%	1,4 ETP	-30.0%	2,0 ETP	+81.8%	1,1 ETP	+10.0%	1,0 ETP	-44.4%	1,8 ETP	-10.0%	2,0 ETP	+42.9%	1,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

Quality for You

Director · since 31 août 2021 · 0598.934.517

Represented by Bart Van Acker

Active

Ended mandates

Quality for You

Director · since 31 août 2021 · 0598.934.517

Represented by Bart Van Acker

Ended

Quality for You

Wettelijke vertegenwoordiger · since 31 août 2021 · 0598.934.517

Represented by Bart VAN ACKER

Ended

Qarma Management

Manager · since 02 septembre 2019 · 0649.446.870

Represented by Dirk Stynen

Ended

Qarma Management

Director · since 02 septembre 2019 · 0649.446.870

Represented by Dirk Stynen

Ended

At this address

Other companies at this address

Company	CBE no.
Administratiekantoor QbD Growth● Active	0795.399.703
ISPE Belgium Affiliate vzw● Active	0563.884.061
QbD Group● Active	0838.540.254
QbD Group Foundation● Active	0795.449.686
QbD Growth● Active	0795.392.179
QbD RepS● Active	0471.352.395
Quality for You● Active	0598.934.517
Stichting Administratiekantoor Quality for You● Active	0801.799.624

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	18 months	12 months	12 months
Filing date	29/07/2026	16/07/2025	29/07/2024	31/07/2023	09/11/2021	28/01/2021
General meeting	10/07/2026	27/06/2025	28/06/2024	09/06/2023	30/08/2021	28/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	10/07/2026	29/07/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	16/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	29/07/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	31/07/2023	Dutch	PDF
Abridged model	30/06/2021	30/08/2021	09/11/2021	Dutch	PDF
Abridged model	30/06/2020	28/12/2020	28/01/2021	Dutch	PDF
Abridged model	30/06/2019	18/12/2019	17/01/2020	Dutch	PDF
Abridged model	30/06/2018	01/12/2018	09/01/2019	Dutch	PDF
Abridged model	30/06/2017	02/12/2017	19/12/2017	Dutch	PDF
Abridged model	30/06/2016	10/12/2016	05/01/2017	Dutch	PDF
Abridged model	30/06/2015	14/12/2015	18/01/2016	Dutch	PDF
Abridged model	30/06/2014	06/12/2014	06/01/2015	Dutch	PDF
Abridged model	30/06/2013	07/12/2013	06/01/2014	Dutch	PDF
Abridged model	30/06/2012	01/12/2012	17/12/2012	Dutch	PDF
Abridged model	30/06/2011	03/12/2011	19/12/2011	Dutch	PDF
Abridged model	30/06/2010	04/12/2010	10/12/2010	Dutch	PDF
Abridged model	30/06/2009	05/12/2009	22/12/2009	Dutch	PDF
Abridged model	30/06/2008	06/12/2008	11/12/2008	Dutch	PDF
Abridged model	30/06/2007	01/12/2007	05/12/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 13 ended

Active mandates

Quality for You

Director · since 31 août 2021 · 0598.934.517

Represented by Bart Van Acker

Active

Ended mandates

Quality for You

Director · since 31 août 2021 · 0598.934.517

Represented by Bart Van Acker

Ended

Quality for You

Wettelijke vertegenwoordiger · since 31 août 2021 · 0598.934.517

Represented by Bart VAN ACKER

Ended

Qarma Management

Manager · since 02 septembre 2019 · 0649.446.870

Represented by Dirk Stynen

Ended

Qarma Management

Director · since 02 septembre 2019 · 0649.446.870

Represented by Dirk Stynen

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates02/09/2026
ONTSLAGEN, BENOEMINGEN, BENAMING, MAATSCHAPPELIJKE
PDF
Other24/01/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring21/08/2024
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates18/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring02/02/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares16/02/2023
KAPITAAL - AANDELEN
PDF
Mandates06/09/2021
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates06/11/2019
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

2025
Annual accounts 20251,8 M €↑
2024
Annual accounts 20241,1 M €↑
2023
Annual accounts 2023457,4 k €↑
2022
Annual accounts 202238,9 k €↓
2021
Annual accounts 20211,3 M €↑
2020
Annual accounts 2020461,7 k €↑
2019
Annual accounts 2019241,6 k €↑
2018
Annual accounts 2018-147,5 k €↓
2017
Annual accounts 2017232,8 k €↓
2016
Annual accounts 2016265,8 k €↑
2015
Annual accounts 2015104,1 k €↓
2014
Annual accounts 2014113,6 k €↑
2013
Annual accounts 201339,6 k €↑
2012
Annual accounts 201228,6 k €↓
2011
Annual accounts 201129,6 k €↓
2010
Annual accounts 201032,9 k €↑
2009
Annual accounts 2009-38,5 k €↓
2008
Annual accounts 2008-27,3 k €↓
2007
Annual accounts 20078,6 k €
25/05/2000
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

IFUCARE

Overview

What does IFUCARE do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline