ACTIVE

ICO WINDPARK

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Financial year 2025 · closed on 31/12/2025

Net result

2 M €

+73.8% YoY

Gross margin

5,6 M €

+22.9% YoY

Equity

8,3 M €

+13.8% YoY

What does ICO WINDPARK do?

ICO WINDPARK is a Public limited company incorporated in 2019. Its main activity is: Production of electricity. Its registered office is in Brugge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0725.933.548

Incorporation

30/04/2019

Legal form

Public limited company

Registered office

Margareta van Oostenrijkstraat 1
8380 Brugge · FlandreSee on map

Contributed capital

1 660 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

35110Production of electricity· main 35110Production of electricity

Contacts

1 public detail availableLog in to view

Signals

ProfitableLow riskPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 7 financial years

	2025		2024		2023		2022		2021		2020		2019
Income statement
Gross margin	5,6 M €	+22.9%	4,5 M €	-54.6%	10 M €	+263%	2,8 M €	-25.1%	3,7 M €	+4259%	-88,5 k €	-39.7%	-63,3 k €
EBITDA	5,6 M €	+22.8%	4,5 M €	-54.1%	9,9 M €	+336%	2,3 M €	-38.4%	3,7 M €	+4139%	-91 k €	-39.0%	-65,5 k €
Operating result	2,9 M €	+55.6%	1,9 M €	-74.2%	7,2 M €	+1891%	-402,9 k €	-130%	1,4 M €	+1584%	-91 k €	-39.0%	-65,5 k €
Net result	2 M €	+73.8%	1,1 M €	-79.4%	5,6 M €	+616%	-1,1 M €	-266%	647,6 k €	+798%	-92,7 k €	-39.3%	-66,6 k €
Balance sheet
Equity	8,3 M €	+13.8%	7,3 M €	+18.6%	6,2 M €	+914%	608,3 k €	-63.9%	1,7 M €	+12.2%	1,5 M €	-5.8%	1,6 M €
Total assets	46,6 M €	-13.5%	53,9 M €	-5.1%	56,8 M €	-5.6%	60,1 M €	-1.5%	61,1 M €	+18.0%	51,7 M €	+123%	23,2 M €
Cash	4,3 M €	-19.4%	5,3 M €	-25.5%	7,1 M €	-24.8%	9,4 M €	+18.7%	7,9 M €	+225%	2,4 M €	-46.7%	4,6 M €
Debts	36,4 M €	-18.6%	44,7 M €	-8.2%	48,7 M €	-15.5%	57,7 M €	+0.3%	57,5 M €	+18.9%	48,4 M €	+124%	21,6 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 29 ended

Active mandates

Geert Dhooghe

Director · since 17 décembre 2025 · until 14 mai 2029

Active

Jurgen Vanhove

Director · since 24 septembre 2025 · until 14 mai 2029

Active

Alain Guillemyn

Director · since 14 mai 2025 · until 14 mai 2029

Active

Ann Naessens

Director · since 14 mai 2025 · until 17 décembre 2025

Active

Carl Hagman

Director · since 14 mai 2025 · until 24 septembre 2025

Active

Didier Van Osselaer

Director · since 14 mai 2025 · until 14 mai 2029

Active

Katrien Vergauwen

Director · since 14 mai 2025 · until 14 mai 2029

Active

Lionel Matthysen

Director · since 14 mai 2025 · until 14 mai 2029

Active

Marc Adriansens

Director · since 14 mai 2025 · until 14 mai 2029

Active

Nicolas Van den Abeele

Director · since 14 mai 2025 · until 14 mai 2029

Active

Ended mandates

Carl Hagman

Director · since 25 septembre 2024 · until 14 mai 2025

Ended

Katrien Vergauwen

Director · since 26 mars 2024 · until 14 mai 2025

Ended

Lionel Matthysen

Director · since 26 mars 2024 · until 14 mai 2025

Ended

Didier Van Osselaer

Director · since 22 mars 2023 · until 14 mai 2025

Ended

At this address

Other companies at this address

Company	CBE no.
ICO Move● Active	0821.919.404
ICO Technics● Active	0828.474.327
INTERNATIONAL CAR OPERATORS● Active	0479.469.515

Annual accounts

Full financial information

	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	20/05/2026	23/05/2025	15/05/2024	23/05/2023	13/06/2022	25/05/2021
General meeting	13/05/2026	14/05/2025	08/05/2024	10/05/2023	11/05/2022	12/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

7 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	13/05/2026	20/05/2026	Dutch	PDF
Abridged model	31/12/2024	14/05/2025	23/05/2025	Dutch	PDF
Abridged model	31/12/2023	08/05/2024	15/05/2024	Dutch	PDF
Abridged model	31/12/2022	10/05/2023	23/05/2023	Dutch	PDF
Abridged model	31/12/2021	11/05/2022	13/06/2022	Dutch	PDF
Abridged model	31/12/2020	12/05/2021	25/05/2021	Dutch	PDF
Abridged model	31/12/2019	29/06/2020	30/06/2020	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 10 active · 29 ended

Active mandates

Geert Dhooghe

Director · since 17 décembre 2025 · until 14 mai 2029

Active

Jurgen Vanhove

Director · since 24 septembre 2025 · until 14 mai 2029

Active

Alain Guillemyn

Director · since 14 mai 2025 · until 14 mai 2029

Active

Ann Naessens

Director · since 14 mai 2025 · until 17 décembre 2025

Active

Carl Hagman

Director · since 14 mai 2025 · until 24 septembre 2025

Active

Didier Van Osselaer

Director · since 14 mai 2025 · until 14 mai 2029

Active

Katrien Vergauwen

Director · since 14 mai 2025 · until 14 mai 2029

Active

Lionel Matthysen

Director · since 14 mai 2025 · until 14 mai 2029

Active

Marc Adriansens

Director · since 14 mai 2025 · until 14 mai 2029

Active

Nicolas Van den Abeele

Director · since 14 mai 2025 · until 14 mai 2029

Active

Ended mandates

Carl Hagman

Director · since 25 septembre 2024 · until 14 mai 2025

Ended

Katrien Vergauwen

Director · since 26 mars 2024 · until 14 mai 2025

Ended

Lionel Matthysen

Director · since 26 mars 2024 · until 14 mai 2025

Ended

Didier Van Osselaer

Director · since 22 mars 2023 · until 14 mai 2025

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates27/08/2026
ONTSLAGEN, BENOEMINGEN
PDF
Mandates27/04/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/10/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other05/06/2024
DIVERSEN
PDF
Mandates02/05/2024
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

2025
Annual accounts 20252 M €↑
17/12/2025
nominationGeert Dhooghe — bestuurder
24/09/2025
nominationJurgen Vanhove — bestuurder
14/05/2025
reconductionMarc Adriaensens — bestuurder
14/05/2025
reconductionAlain Guillemyn — bestuurder
14/05/2025
reconductionCarl Hagman — bestuurder
14/05/2025
reconductionDidier Van Osselaer — bestuurder
14/05/2025
reconductionNicolas Van den Abeele — bestuurder
14/05/2025
reconductionLionel Matthysen — bestuurder
14/05/2025
reconductionKatrien Vergauwen — bestuurder
14/05/2025
reconductionAnn Naessens — bestuurder
14/05/2025
reconductionKPMG Bedrijfsrevisoren — Commissaris
2024
Annual accounts 20241,1 M €↓
25/09/2024
nominationAnn Naessens — bestuurder
25/09/2024
nominationCarl Hagman — bestuurder
26/03/2024
nominationMarc Adriansens — voorzitter van de Raad van Bestuur
26/03/2024
nominationLionel Matthysen — bestuurder
26/03/2024
nominationKatrien Vergauwen — bestuurder
2023
Annual accounts 20235,6 M €↑
22/03/2023
nominationNicolas Van den Abeele — bestuurder
22/03/2023
nominationDidier Van Osselaer — bestuurder
2022
Annual accounts 2022-1,1 M €↓
2021
Annual accounts 2021647,6 k €↑
2020
Annual accounts 2020-92,7 k €↓
2019
Annual accounts 2019-66,6 k €
30/04/2019
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ICO WINDPARK

Overview

What does ICO WINDPARK do?

Trend over 7 financial years

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