ACTIVE

INCENDIN

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result1,9 M €-70,9 %over 1 year

Revenue1,1 M €0,0 %over 1 year

Equity16,4 M €+12,9 %over 1 year

Workforce9,8 ETP-1,0 %over 1 year

Identity

Source · BCE/KBO

INCENDIN is a Public limited company incorporated in 2014. Its main activity is: Activities of holding companies. Its registered office is in Willebroek. It employs on average 9,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0506.792.732
Incorporation: 12/12/2014
Legal form: Public limited company
Registered office: Brielen 2
2830 Willebroek · FlandreSee on map
Contributed capital: 8 223 048,10 €
Latest accounts: 31/12/2025
Average workforce: 9,8 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 11 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	1,1 M €	0.0%	1,1 M €	0.0%	1,1 M €	0.0%	1,1 M €	0.0%	1,1 M €
EBITDA	-306,6 k €	+75.9%	-1,3 M €	-111%	-601,8 k €	-125%	-267,9 k €	-49.1%	-179,7 k €
Operating result	-446,2 k €	+67.1%	-1,4 M €	-105%	-661,3 k €	-103%	-325,8 k €	-31.7%	-247,4 k €
Net result	1,9 M €	-70.9%	6,4 M €	+428%	-2 M €	-297%	-492,9 k €	-30.4%	-377,9 k €
Balance sheet
Equity	16,4 M €	+12.9%	14,5 M €	+79.4%	8,1 M €	-19.5%	10 M €	-70.8%	34,4 M €
Total assets	45,2 M €	-29.6%	64,2 M €	+23.6%	51,9 M €	+10.1%	47,2 M €	+5.8%	44,6 M €
Cash	2,9 M €	+86.0%	1,6 M €	-82.8%	9,2 M €	+950%	877,2 k €	-32.0%	1,3 M €
Debts	28,7 M €	-42.0%	49,5 M €	+13.2%	43,7 M €	+17.7%	37,1 M €	+266%	10,2 M €
Other
Workforce	9,8 ETP	-1.0%	9,9 ETP	+607%	1,4 ETP	+40.0%	1,0 ETP	0.0%	1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Sara Van der Heyden	Director23/06/2023 → 25/06/2027
Tom Van Gyseghem	Director30/12/2022 → 25/06/2027
Erik Van Den Eynden	Director30/03/2022 → 25/06/2027
Maarten Peers	Director30/03/2022 → 25/06/2027
Nicolas De Quinnemar	Director30/03/2022 → 25/06/2027
Pieter Daeseleire	Director30/03/2022 → 25/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Hil Foon Wong	Director30/03/2022 → 2022 accounts
Tom Paemeleire	Director30/03/2022 → 2022 accounts

Other companies at this address

Brielen 2 2830 Willebroek

Company	CBE no.
Administratiekantoor Ocean● Active	1039.848.017
BRIELEN FIRE FIGHTERS● Active	0713.761.137
Burnguard● Active	0653.809.593
ECOCHEM INTERNATIONAL● Active	0471.591.333
OCEAN BIDCO● Active	1030.173.157
OCEAN MIDCO● Active	1030.094.369

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	01/07/2026	05/08/2025	26/09/2024	13/07/2023	05/07/2022	02/07/2021
General meeting	25/06/2026	18/07/2025	22/08/2024	23/06/2023	25/06/2022	25/06/2021
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	25/06/2026	01/07/2026	Dutch	PDF
Full model	31/12/2024	18/07/2025	05/08/2025	Dutch	PDF
Consolidated accounts	31/12/2024	18/07/2025	05/08/2025	Dutch	PDF
Full model	31/12/2023	22/08/2024	26/09/2024	Dutch	PDF
Consolidated accounts	31/12/2023	22/08/2024	26/09/2024	Dutch	PDF
Full model	31/12/2022	23/06/2023	13/07/2023	Dutch	PDF
Consolidated accounts	31/12/2022	23/06/2023	14/07/2023	Dutch	PDF
Full model	31/12/2021	25/06/2022	05/07/2022	Dutch	PDF
Consolidated accounts	31/12/2021	25/06/2022	05/07/2022	Dutch	PDF
Full model	31/12/2020	25/06/2021	02/07/2021	Dutch	PDF
Consolidated accounts	31/12/2020	25/06/2021	02/07/2021	Dutch	PDF
Full model	31/12/2019	25/06/2020	03/07/2020	Dutch	PDF
Consolidated accounts	31/12/2019	25/06/2020	03/07/2020	Dutch	PDF
Full model	31/12/2018	25/06/2019	08/07/2019	Dutch	PDF
Consolidated accounts	31/12/2018	25/06/2019	08/07/2019	Dutch	PDF
Full model	31/12/2017	25/06/2018	29/06/2018	Dutch	PDF
Consolidated accounts	31/12/2017	25/06/2018	29/06/2018	Dutch	PDF
Full model	31/12/2016	26/06/2017	07/07/2017	Dutch	PDF
Consolidated accounts	31/12/2016	26/06/2017	07/07/2017	Dutch	PDF
Full model	31/12/2015	27/06/2016	19/07/2016	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 9 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Sara Van der Heyden	Director23/06/2023 → 25/06/2027
Tom Van Gyseghem	Director30/12/2022 → 25/06/2027
Erik Van Den Eynden	Director30/03/2022 → 25/06/2027
Maarten Peers	Director30/03/2022 → 25/06/2027
Nicolas De Quinnemar	Director30/03/2022 → 25/06/2027
Pieter Daeseleire	Director30/03/2022 → 25/06/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Hil Foon Wong	Director30/03/2022 → 2022 accounts
Tom Paemeleire	Director30/03/2022 → 2022 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Other12/08/2026
STATUTEN (VERTALING, COORDINATIE, OVERIGE
PDF
Mandates03/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/03/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/01/2023
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares30/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Capital / shares16/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates12/09/2022
ONTSLAGEN - BENOEMINGEN
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

Filings11 filings

Mandates

Sara Van der Heyden

Tom Van Gyseghem

Nicolas De Quinnemar

Erik Van Den Eynden

Pieter Daeseleire

Maarten Peers

Tom Paemeleire

Hil Foon Wong

YVA

Herman Meynaerts

Erik Mampaey

Guy Mampaey

Show the 3 other mandates

20142015201620172018201920202021202220232024202520262027

INCENDIN

Brielen 2, 2830 Willebroek

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Brielen 2, 2830 WillebroekCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00244254

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
INCENDINCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00244254

Events

2025
Annual accounts 20251,9 M €↓
2024
Annual accounts 20246,4 M €↑
2023
Annual accounts 2023-2 M €↓
23/06/2023
nominationSara Van der Heyden · B-Bestuurder
2022
Annual accounts 2022-492,9 k €↓
30/12/2022
nominationTom Van Gyseghem · B-Bestuurder
13/12/2022
reduction_capital
03/11/2022
nominationEY Bedrijfsrevisoren BV · commissaris
2021
Annual accounts 2021-377,9 k €↓
2020
Annual accounts 20202,3 M €↑
2019
Annual accounts 2019975,9 k €↑
2018
Annual accounts 2018-8,9 k €↓
2017
Annual accounts 2017168,9 k €↑
2016
Annual accounts 2016-365,7 k €↑
2015
Annual accounts 2015-383,5 k €
12/12/2014
IncorporationPublic limited company

INCENDIN

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events