ACTIVE

ICFAN

Financial year 2025 · Closed on 31/12/2025

Net result53,2 k €+5,9 %over 1 year

Gross margin134,8 k €+1,3 %over 1 year

Equity-804,3 k €+6,2 %over 1 year

Identity

Source · BCE/KBO

ICFAN is a Public limited company incorporated in 2018. Its main activity is: Building completion and finishing. Its registered office is in Knokke-Heist.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0689.544.591
Incorporation: 30/01/2018
Legal form: Public limited company
Registered office: Dumortierlaan 89
8300 Knokke-Heist · FlandreSee on map
Contributed capital: 500 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

43350Building completion and finishing· main 43390Other building completion and finishing 43211Electrical installation 43211Electrical installation 43240Electrical, plumbing and other construction installation activities 43299Other construction installation+2

Joint committees (2)

Signals

ProfitablePositive cashflowPositive EBITDA

Financials

Source · NBB, 8 filings

Trend over 7 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	134,8 k €	+1.3%	133,1 k €	+4.4%	127,4 k €	-81.5%	688,2 k €	+2.3%	672,8 k €
EBITDA	133,2 k €	+1.8%	130,8 k €	+21.1%	108 k €	-82.7%	623 k €	+2003%	-32,7 k €
Operating result	94,1 k €	+1.4%	92,8 k €	+72.1%	53,9 k €	-90.5%	569,1 k €	+237%	-414,2 k €
Net result	53,2 k €	+5.9%	50,3 k €	+500%	8,4 k €	-98.4%	524,5 k €	+211%	-472,6 k €
Balance sheet
Equity	-804,3 k €	+6.2%	-857,5 k €	+5.5%	-907,7 k €	+0.9%	-916,1 k €	+36.4%	-1,4 M €
Total assets	1,3 M €	-2.5%	1,3 M €	-4.5%	1,3 M €	-6.3%	1,4 M €	-18.7%	1,8 M €
Cash	97,6 k €	-52.4%	205,1 k €	-10.5%	229,3 k €	-10.5%	256,3 k €	+1196%	19,8 k €
Debts	2,1 M €	-3.9%	2,1 M €	-4.9%	2,2 M €	-4.2%	2,3 M €	-26.7%	3,2 M €
Other
Workforce	–		0,0 ETP		0,0 ETP	-100%	1,0 ETP	-89.6%	9,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bram VANBALLENBERGHE	Director29/01/2018 → 10/06/2028
Frank Hemelaer	Managing director07/06/2023 → 10/06/2028Director29/01/2018 → 2023 accountsended
Julie Hemelaer	Director29/01/2018 → 10/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
July HEMELAER	Director29/01/2018 → 2022 accounts
DECKMYN Yves	Director18/11/2020 → 2020 accounts

Other companies at this address

Dumortierlaan 89 8300 Knokke-Heist

Company	CBE no.
HEMPRO● Active	0477.266.328
KNOKKE CONSTRUCT● Active	0773.561.340
NINI CONSTRUCT● Active	0750.836.319
POY● Active	0544.313.817
VI● Active	0476.283.064

Full financial information

Source · NBB

	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	01/01/2022	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	17/07/2026	03/07/2025	21/05/2024	04/10/2023	30/08/2022	29/09/2021
General meeting	13/06/2026	30/05/2025	30/04/2024	15/09/2023	31/07/2022	09/09/2021
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

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Annual accounts filings

Source · NBB, 8 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	13/06/2026	17/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/05/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	30/04/2024	21/05/2024	Dutch	PDF
Abridged model	31/12/2022	15/09/2023	04/10/2023	Dutch	PDF
Abridged model	31/12/2021	31/07/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	09/09/2021	29/09/2021	Dutch	PDF
Abridged model	31/12/2019	18/11/2020	01/03/2021	Dutch	PDF
Abridged model	31/12/2018	08/06/2019	15/07/2019	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 3 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bram VANBALLENBERGHE	Director29/01/2018 → 10/06/2028
Frank Hemelaer	Managing director07/06/2023 → 10/06/2028Director29/01/2018 → 2023 accountsended
Julie Hemelaer	Director29/01/2018 → 10/06/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
July HEMELAER	Director29/01/2018 → 2022 accounts
DECKMYN Yves	Director18/11/2020 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates12/06/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other01/02/2018
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

Filings7 filings

Mandates

Julie Hemelaer

Bram VANBALLENBERGHE

Frank Hemelaer

July HEMELAER

Yves DECKMYN

Luc Vanden Daele

20182019202020212022202320242025202620272028

ICFANL-Building

Dumortierlaan 89, 8300 Knokke-Heist

Director

Managing directorDirector

Director

DirectorManaging director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Dumortierlaan 89, 8300 Knokke-HeistCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00348588
Joseph Cardijnstraat 15, 9420 Erpe-Mere	accounts 2021	Accounts 2021 · 2022-20383225

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ICFANCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00348588
L-Building	accounts 2018 → 2021	Accounts 2021 · 2022-20383225

Events

2025
Annual accounts 202553,2 k €↑
2024
Annual accounts 202450,3 k €↑
2023
Annual accounts 20238,4 k €↓
2022
Annual accounts 2022524,5 k €↑
2022
Name changeICFAN
2021
Annual accounts 2021-472,6 k €↓
2019
Annual accounts 2019-350,7 k €↓
2018
Annual accounts 201847 k €
30/01/2018
IncorporationPublic limited company

ICFAN

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