ACTIVE

imec.istart Partners

Financial year 2025 · closed on 31/12/2025
Net result
3,7 k €
+188.8% YoY
Gross margin
4,2 k €
+213.4% YoY
Equity
31,7 k €
+13.2% YoY

What does imec.istart Partners do?

imec.istart Partners is a Public limited company incorporated in 2017. Its registered office is in Leuven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0671.820.119
Incorporation
24/02/2017
Legal form
Public limited company
Registered office
Kapeldreef 75
3001 Leuven · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Gross margin4,2 k €-3,7 k €-5,1 k €-1,6 k €-3,2 k €-3,9 k €-3,4 k €-6 k €-4,5 k €
EBITDA3,8 k €-4,1 k €-5,5 k €-2 k €-3,2 k €-3,9 k €-3,4 k €-6 k €-4,5 k €
Operating result3,8 k €-4,1 k €-5,5 k €-2 k €-3,2 k €-3,9 k €-3,4 k €-6 k €-4,5 k €
Net result3,7 k €-4,2 k €-5,7 k €-2,1 k €-3,4 k €-4 k €-3,5 k €-6,2 k €-4,5 k €
Balance sheet
Equity31,7 k €28 k €32,1 k €37,8 k €39,9 k €43,3 k €47,3 k €50,8 k €57 k €
Total assets36,2 k €32,3 k €35,8 k €77,6 k €43,2 k €45,9 k €50,4 k €53,3 k €190,9 k €
Cash36,2 k €32,3 k €35,8 k €35,5 k €42,7 k €45,7 k €49,9 k €53,3 k €190,6 k €
Debts0 €755,6 €0 €35,4 k €3,3 k €2,7 k €3,1 k €134 k €
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 · 3 active · 8 ended

Active mandates

Bart Van Bael

Director · since 01 janvier 2024 · until 27 avril 2028

Active
Filip Merckx

Director · since 28 avril 2022 · until 27 avril 2028

Active
Sven De Cleyn

Director · since 28 avril 2022 · until 27 avril 2028

Active

Ended mandates

Roger Lemmens

Director · since 28 avril 2022 · until 01 janvier 2024

Ended
Roger Lemmens

Director · since 28 avril 2022 · until 27 avril 2028

Ended
Filip Merckx

Director · since 24 février 2017 · until 24 février 2022

Ended
Filip Merckx

Director · since 24 février 2017 · until 28 avril 2022

Ended
At this address

Other companies at this address

CompanyCBE no.
0452.877.162
ASM BelgiumActive
0468.489.808
0845.955.806
0886.958.892
FIDIMECActive
0471.513.733
FINLABActive
0425.285.315
1004.987.603
0834.775.664
0817.807.097
0672.768.937
IMEC MNO GroupActive
1014.026.518
imec.xpandActive
0671.931.371
imec.xpand IIActive
0784.720.102
0416.290.841
0425.260.668
0561.862.008
0821.825.075
0472.880.542
0410.880.122
XPAND PartnersActive
0671.820.020
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 date20/05/202617/06/202530/04/202424/05/202310/05/202218/05/2021
General meeting23/04/202630/05/202525/04/202427/04/202328/04/202222/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202523/04/202620/05/2026DutchPDF
Abridged model31/12/202430/05/202517/06/2025DutchPDF
Abridged model31/12/202325/04/202430/04/2024DutchPDF
Abridged model31/12/202227/04/202324/05/2023DutchPDF
Abridged model31/12/202128/04/202210/05/2022DutchPDF
Abridged model31/12/202022/04/202118/05/2021DutchPDF
Abridged model31/12/201923/04/202028/04/2020DutchPDF
Abridged model31/12/201825/04/201921/05/2019DutchPDF
Abridged model31/12/201726/04/201820/06/2018DutchPDF
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 · 3 active · 8 ended

Active mandates

Bart Van Bael

Director · since 01 janvier 2024 · until 27 avril 2028

Active
Filip Merckx

Director · since 28 avril 2022 · until 27 avril 2028

Active
Sven De Cleyn

Director · since 28 avril 2022 · until 27 avril 2028

Active

Ended mandates

Roger Lemmens

Director · since 28 avril 2022 · until 01 janvier 2024

Ended
Roger Lemmens

Director · since 28 avril 2022 · until 27 avril 2028

Ended
Filip Merckx

Director · since 24 février 2017 · until 24 février 2022

Ended
Filip Merckx

Director · since 24 février 2017 · until 28 avril 2022

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates04/08/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other13/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates01/08/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/02/2017
    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 20253,7 k €
  2. 2024
    Annual accounts 2024-4,2 k €
  3. 2023
    Annual accounts 2023-5,7 k €
  4. 2022
    Annual accounts 2022-2,1 k €
  5. 2021
    Annual accounts 2021-3,4 k €
  6. 2020
    Annual accounts 2020-4 k €
  7. 2019
    Annual accounts 2019-3,5 k €
  8. 2018
    Annual accounts 2018-6,2 k €
  9. 2017
    Annual accounts 2017-4,5 k €
  10. 24/02/2017
    IncorporationPublic limited company