ACTIVE

IZYTEC

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Financial year 2025 · closed on 31/03/2025
Net result
12,2 k €
-74.9% YoY
Gross margin
2,5 M €
+6.2% YoY
Equity
284,3 k €
+4.5% YoY
Workforce
35,6 ETP
-5.6% YoY

What does IZYTEC do?

IZYTEC is a Private limited company incorporated in 2019. Its main activity is: Other specialised construction activities n.e.c.. Its registered office is in Izegem. It employs on average 35,6 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0725.475.074
Incorporation
18/04/2019
Legal form
Private limited company
Registered office
Rijksweg 10
8870 Izegem · FlandreSee on map
Contributed capital
25 000,00 €
Latest accounts
31/03/2025
Average workforce
35,6 ETP
Activities (NACE)
43990Other specialised construction activities n.e.c.· main43999Other specialised construction activities n.e.c.78100Activities of employment placement agencies33120Repair of machinery43211Electrical installation43221Plumbing, heat and air-conditioning installation+1
Joint committees (4)
  • 111
  • 124
  • 14901
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin2,5 M €2,3 M €2,4 M €1,7 M €694,2 k €160,9 k €
EBITDA46,5 k €72,9 k €302,3 k €178,3 k €122,1 k €22,1 k €
Operating result29,4 k €50,9 k €282,9 k €155,1 k €110 k €13,4 k €
Net result12,2 k €48,4 k €261,6 k €131,1 k €95,9 k €8,2 k €
Balance sheet
Equity284,3 k €272,1 k €223,7 k €160,2 k €79 k €33,2 k €
Total assets701,5 k €737,9 k €851,7 k €569,9 k €395,5 k €145,1 k €
Cash78,8 k €60,5 k €189,7 k €86,2 k €79,9 k €66,5 k €
Debts417,2 k €465,8 k €627,9 k €409,8 k €312,9 k €107 k €
Other
Workforce35,6 ETP37,7 ETP35,1 ETP28,9 ETP13,4 ETP–
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 7 ended

Active mandates

MMH Invest

Director · since 20 mars 2021 · 0728.516.718

Represented by Valerie POPELIER

Active
VANNESTE ALEXANDER

Director · since 20 mars 2021 · until 14 mars 2025 · 0478.980.753

Represented by Vanneste ALEXANDER

Active

Ended mandates

MMH Invest

Director · since 20 mars 2021 · 0728.516.718

Represented by Popelier VALERIE

Ended
MMH Invest

Director · since 20 mars 2021 · 0728.516.718

Represented by POPELIER VALERIE

Ended
VANNESTE ALEXANDER

Director · since 20 mars 2021 · 0478.980.753

Represented by Vanneste ALEXANDER

Ended
VANNESTE ALEXANDER

Director · since 20 mars 2021 · 0478.980.753

Represented by Alexander VANNESTE

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202018/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date29/09/202531/10/202430/10/202307/10/202228/09/202116/11/2020
General meeting05/09/202506/09/202401/09/202302/09/202203/09/202104/09/2020
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

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202505/09/202529/09/2025DutchPDF
Abridged model31/03/202406/09/202431/10/2024DutchPDF
Abridged model31/03/202301/09/202330/10/2023DutchPDF
Abridged model31/03/202202/09/202207/10/2022DutchPDF
Abridged model31/03/202103/09/202128/09/2021DutchPDF
Micro model31/03/202004/09/202016/11/2020DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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 31/03/2025 · 2 active · 7 ended

Active mandates

MMH Invest

Director · since 20 mars 2021 · 0728.516.718

Represented by Valerie POPELIER

Active
VANNESTE ALEXANDER

Director · since 20 mars 2021 · until 14 mars 2025 · 0478.980.753

Represented by Vanneste ALEXANDER

Active

Ended mandates

MMH Invest

Director · since 20 mars 2021 · 0728.516.718

Represented by Popelier VALERIE

Ended
MMH Invest

Director · since 20 mars 2021 · 0728.516.718

Represented by POPELIER VALERIE

Ended
VANNESTE ALEXANDER

Director · since 20 mars 2021 · 0478.980.753

Represented by Vanneste ALEXANDER

Ended
VANNESTE ALEXANDER

Director · since 20 mars 2021 · 0478.980.753

Represented by Alexander VANNESTE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates10/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office01/06/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates03/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/07/2020
    ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
    PDF
  • Mandates04/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/04/2019
    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 202512,2 k €↓
  2. 2024
    Annual accounts 202448,4 k €↓
  3. 2023
    Annual accounts 2023261,6 k €↑
  4. 2022
    Annual accounts 2022131,1 k €↑
  5. 2021
    Annual accounts 202195,9 k €↑
  6. 2020
    Annual accounts 20208,2 k €
  7. 18/04/2019
    IncorporationPrivate limited company