ACTIVE

Icelander

Financial year 2025 · closed on 31/12/2025
Net result
-75,5 k €
-702.2% YoY
Gross margin
717,5 k €
+5.1% YoY
Equity
474,6 k €
+7.7% YoY
Workforce
8,5 ETP
+7.6% YoY

What does Icelander do?

Icelander is a Private limited company incorporated in 2016. Its main activity is: Steam and air conditioning supply. Its registered office is in Oudenaarde. It employs on average 8,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0647.839.244
Incorporation
04/02/2016
Legal form
Private limited company
Registered office
Heuvel 16
9700 Oudenaarde · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
8,5 ETP
Joint committees (2)
  • 11815
  • 22000
Signals
Positive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120182017
Income statement
Gross margin717,5 k €682,4 k €798,6 k €689,1 k €462,3 k €538,2 k €623,8 k €
EBITDA325 k €315,3 k €418,1 k €425,5 k €262,4 k €330,7 k €359,3 k €
Operating result31,7 k €66,7 k €147,2 k €195,7 k €72,4 k €186,2 k €138,9 k €
Net result-75,5 k €12,5 k €117 k €187,2 k €89,1 k €124,3 k €85,3 k €
Balance sheet
Equity474,6 k €440,8 k €428,3 k €311,2 k €124 k €215,8 k €91,5 k €
Total assets4,7 M €3,5 M €1,5 M €1,2 M €876,2 k €806,8 k €825,6 k €
Cash91,1 k €516,4 k €130 k €80,2 k €24,8 k €70,2 k €37,2 k €
Debts4,2 M €3 M €1,1 M €902,7 k €752,1 k €591,1 k €733,8 k €
Other
Workforce8,5 ETP7,9 ETP9,1 ETP9,1 ETP8,1 ETP5,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Bart Herman L Torrekens

Director · since 01 avril 2019

Active

Ended mandates

Bart Herman Torrekens

Director · since 01 avril 2019

Ended
Bart Herman Torrekens

Manager · since 01 avril 2019

Ended
CANICULE

Manager · since 04 février 2016 · 0462.746.517

Represented by Julien Malingreau

Ended
ICEMAN

Manager · since 04 février 2016 · 0878.413.885

Represented by Bart Herman Torrekens

Ended
At this address

Other companies at this address

CompanyCBE no.
ICEMANActive
0878.413.885
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 date08/06/202602/06/202522/05/202415/05/202318/05/202202/06/2021
General meeting10/05/202611/05/202512/05/202414/05/202308/05/202209/05/2021
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

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202510/05/202608/06/2026DutchPDF
Abridged model31/12/202411/05/202502/06/2025DutchPDF
Abridged model31/12/202312/05/202422/05/2024DutchPDF
Abridged model31/12/202214/05/202315/05/2023DutchPDF
Abridged model31/12/202108/05/202218/05/2022DutchPDF
Abridged model31/12/202009/05/202102/06/2021DutchPDF
Abridged model31/12/201910/05/202011/05/2020DutchPDF
Abridged model31/12/201812/05/201911/06/2019DutchPDF
Micro model31/12/201713/05/201808/06/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 5 ended

Active mandates

Bart Herman L Torrekens

Director · since 01 avril 2019

Active

Ended mandates

Bart Herman Torrekens

Director · since 01 avril 2019

Ended
Bart Herman Torrekens

Manager · since 01 avril 2019

Ended
CANICULE

Manager · since 04 février 2016 · 0462.746.517

Represented by Julien Malingreau

Ended
ICEMAN

Manager · since 04 février 2016 · 0878.413.885

Represented by Bart Herman Torrekens

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/04/2024
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/04/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/05/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/02/2016
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025-75,5 k €
  2. 2024
    Annual accounts 202412,5 k €
  3. 2023
    Annual accounts 2023117 k €
  4. 2022
    Annual accounts 2022187,2 k €
  5. 2021
    Annual accounts 202189,1 k €
  6. 2018
    Annual accounts 2018124,3 k €
  7. 2017
    Annual accounts 201785,3 k €
  8. 04/02/2016
    IncorporationPrivate limited company