ACTIVE

IZIKO

Financial year 2025 · closed on 31/12/2025
Net result
1,5 M €
-62.5% YoY
Revenue
8,9 M €
+2.0% YoY
Equity
1,1 M €
+2.6% YoY
Workforce
50,6 ETP
+42.9% YoY

What does IZIKO do?

IZIKO is a Public limited company incorporated in 2018. Its main activity is: Computer programming activities. Its registered office is in Wommelgem. It employs on average 50,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0713.566.840
Incorporation
15/11/2018
Legal form
Public limited company
Registered office
Draaiboomstraat 6 box 10
2160 Wommelgem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
50,6 ETP
Joint committees (1)
  • 200
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Revenue8,9 M €8,7 M €7,5 M €4,4 M €3,1 M €
EBITDA513,8 k €1,4 M €2,1 M €566,9 k €-111,3 k €512,4 k €85,2 k €
Operating result280,4 k €1,3 M €2,1 M €529 k €-116,8 k €512,4 k €85,2 k €
Net result1,5 M €4,1 M €1,5 M €344,5 k €1 M €1,2 M €66,9 k €
Balance sheet
Equity1,1 M €1,1 M €1,1 M €2,6 M €2,2 M €1,3 M €85,5 k €
Total assets9,1 M €9,3 M €8,6 M €7 M €7 M €5,9 M €297,2 k €
Cash1,3 M €822,6 k €131,4 k €20,4 k €385,5 k €432,1 k €18,1 k €
Debts8 M €8,2 M €7,4 M €4,5 M €4,8 M €4,6 M €211,6 k €
Other
Workforce50,6 ETP35,4 ETP26,2 ETP23,6 ETP20,2 ETP15,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 24 ended

Active mandates

2XU GROUP

Director · since 01 janvier 2026 · until 13 mars 2030 · 0758.731.228

Represented by Johan Van Noten

Active
M-MANAGEMENT

Director · since 13 mars 2024 · until 13 mars 2030 · 0550.488.361

Represented by Jo Mellemans

Active
MAD

Director · since 13 mars 2024 · until 13 mars 2030 · 0677.997.237

Represented by Elly Huysmans

Active

Ended mandates

2XU GROUP

Managing director · since 13 mars 2024 · until 13 mars 2030 · 0758.731.228

Represented by Ballegeer LOUIS

Ended
2XU GROUP

Director · since 13 mars 2024 · until 13 mars 2030 · 0758.731.228

Represented by Ballegeer LOUIS

Ended
2XU GROUP

Managing director · since 13 mars 2024 · until 31 décembre 2024 · 0758.731.228

Represented by Ballegeer LOUIS

Ended
2XU GROUP

Managing director · since 13 mars 2024 · until 31 décembre 2024 · 0758.731.228

Represented by Louis Ballegeer

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/07/2020
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 months6 months
Filing date05/08/202611/07/202505/07/202427/07/202311/08/202201/07/2021
General meeting15/07/202627/06/202511/06/202430/06/202301/07/202219/06/2021
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202515/07/202605/08/2026DutchPDF
Full model31/12/202427/06/202511/07/2025DutchPDF
Full model31/12/202311/06/202405/07/2024DutchPDF
Full model31/12/202230/06/202327/07/2023DutchPDF
Full model31/12/202101/07/202211/08/2022DutchPDF
Micro model31/12/202019/06/202101/07/2021DutchPDF
Abridged model30/06/202017/11/202018/11/2020DutchPDF
Micro model30/06/201921/12/201922/01/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 3 active · 24 ended

Active mandates

2XU GROUP

Director · since 01 janvier 2026 · until 13 mars 2030 · 0758.731.228

Represented by Johan Van Noten

Active
M-MANAGEMENT

Director · since 13 mars 2024 · until 13 mars 2030 · 0550.488.361

Represented by Jo Mellemans

Active
MAD

Director · since 13 mars 2024 · until 13 mars 2030 · 0677.997.237

Represented by Elly Huysmans

Active

Ended mandates

2XU GROUP

Managing director · since 13 mars 2024 · until 13 mars 2030 · 0758.731.228

Represented by Ballegeer LOUIS

Ended
2XU GROUP

Director · since 13 mars 2024 · until 13 mars 2030 · 0758.731.228

Represented by Ballegeer LOUIS

Ended
2XU GROUP

Managing director · since 13 mars 2024 · until 31 décembre 2024 · 0758.731.228

Represented by Ballegeer LOUIS

Ended
2XU GROUP

Managing director · since 13 mars 2024 · until 31 décembre 2024 · 0758.731.228

Represented by Louis Ballegeer

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates26/08/2026
    Ontslag gedelegeerd bestuurder
    PDF
  • Mandates24/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/09/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/04/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares09/11/2022
    KAPITAAL - AANDELEN
    PDF
  • Mandates27/04/2022
    ONTSLAGEN - BENOEMINGEN
    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 20251,5 M €
  2. 2024
    Annual accounts 20244,1 M €
  3. 2023
    Annual accounts 20231,5 M €
  4. 2022
    Annual accounts 2022344,5 k €
  5. 2021
    Annual accounts 20211 M €
  6. 2020
    Annual accounts 20201,2 M €
  7. 2019
    Annual accounts 201966,9 k €
  8. 15/11/2018
    IncorporationPublic limited company