ACTIVE

IETC

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
146,6 k €
-46.4% YoY
Gross margin
226,1 k €
-41.1% YoY
Equity
177,9 k €
-66.3% YoY

What does IETC do?

IETC is a Private company with limited liability incorporated in 2017. Its main activity is: Management consultancy activities. Its registered office is in Etterbeek.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0680.987.213
Incorporation
13/09/2017
Legal form
Private company with limited liability
Registered office
Rue Gray 104 box 12
1040 Etterbeek · BruxellesSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Activities (NACE)
70200Management consultancy activities· main70220Business and other management consultancy activities64300Trusts, funds and similar financial entities64310Trusts, funds and similar financial entities64999Other financial service activities, except insurance and pension funding n.e.c.64999Other financial service activities, except insurance and pension funding n.e.c.
Signals
ProfitablePositive cashflowPositive EBITDA
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Gross margin226,1 k €384,1 k €263,8 k €329,6 k €183,2 k €146,5 k €134,4 k €112 k €
EBITDA224,7 k €383,7 k €262,3 k €321,9 k €182,8 k €145,7 k €134 k €110,3 k €
Operating result203,4 k €361,3 k €240,2 k €300,6 k €182 k €144,9 k €133 k €109,5 k €
Net result146,6 k €273,7 k €181,7 k €225,9 k €137 k €111,5 k €92,2 k €67,1 k €
Balance sheet
Equity177,9 k €527,4 k €359,7 k €177,9 k €177,9 k €283,2 k €171,7 k €79,5 k €
Total assets717,1 k €590,5 k €523,9 k €581,2 k €416,3 k €385 k €237,2 k €134,6 k €
Cash96,2 k €59,3 k €88,3 k €146,3 k €118,7 k €151,9 k €110,3 k €76,8 k €
Debts533,3 k €63,1 k €164,2 k €403,2 k €238,4 k €101,8 k €65,5 k €55,1 k €
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 31/12/2025 · 1 active · 1 ended

Active mandates

Tomas Cifra

Director

Active

Ended mandates

Tomas Cifra

Manager

Ended
At this address

Other companies at this address

CompanyCBE no.
MYogis● Active
0506.918.436
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro 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 date20/05/202618/07/202529/06/202417/07/202330/08/202227/08/2021
General meeting04/05/202627/06/202511/06/202430/06/202324/06/202225/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202504/05/202620/05/2026DutchPDF
Micro model31/12/202427/06/202518/07/2025DutchPDF
Micro model31/12/202311/06/202429/06/2024DutchPDF
Micro model31/12/202230/06/202317/07/2023DutchPDF
Micro model31/12/202124/06/202230/08/2022DutchPDF
Micro model31/12/202025/06/202127/08/2021DutchPDF
Micro model31/12/201926/06/202013/08/2020DutchPDF
Micro model31/12/201828/06/201909/07/2019DutchPDF
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 31/12/2025 · 1 active · 1 ended

Active mandates

Tomas Cifra

Director

Active

Ended mandates

Tomas Cifra

Manager

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office14/12/2020
    MAATSCHAPPELIJKE ZETEL - WIJZIGING RECHTSVORM
    PDF
  • Other15/09/2017
    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 2025146,6 k €↓
  2. 2024
    Annual accounts 2024273,7 k €↑
  3. 2023
    Annual accounts 2023181,7 k €↓
  4. 2022
    Annual accounts 2022225,9 k €↑
  5. 2021
    Annual accounts 2021137 k €↑
  6. 2020
    Annual accounts 2020111,5 k €↑
  7. 2019
    Annual accounts 201992,2 k €↑
  8. 2018
    Annual accounts 201867,1 k €
  9. 13/09/2017
    IncorporationPrivate company with limited liability