ACTIVE

International Leather Company

Financial year 2025 · Closed on 31/12/2025

Net result19,9 k €+111,8 %over 1 year
Gross margin738,3 k €+25,5 %over 1 year
Equity457 k €+4,6 %over 1 year
Workforce14,8 ETP-11,4 %over 1 year

Identity

Source · BCE/KBO

International Leather Company is a Public limited company incorporated in 2021. Its main activity is: Manufacture of luggage, handbags and the like, saddlery and harness. Its registered office is in Oostende. It employs on average 14,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0765.275.461
Incorporation
17/03/2021
Legal form
Public limited company
Registered office
Leegaardsdijk 8
8400 Oostende · FlandreSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2025
Average workforce
14,8 ETP
Joint committees (2)
  • 128
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 4 filings

Trend over 4 financial years

2025202420232022
Income statement
Gross margin738,3 k €588,3 k €860,4 k €1 M €
EBITDA125 k €-72 k €166,1 k €119,7 k €
Operating result33 k €-165,1 k €84,6 k €54 k €
Net result19,9 k €-169,3 k €62 k €55,8 k €
Balance sheet
Equity457 k €437,1 k €606,4 k €555,8 k €
Total assets763 k €816,8 k €978,7 k €936,3 k €
Cash157,3 k €211,4 k €157,8 k €218,6 k €
Debts305,9 k €379,6 k €372,3 k €376 k €
Other
Workforce14,8 ETP16,7 ETP16,4 ETP14,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

Dirk De Bruycker

Director

Active
Lic

Managing director · 0408.161.647

Represented by Xavier Thomas

Active
Willianne Genillier

Director

Active

Ended mandates

Dirk De Bruycker

Director · since 16 mars 2021

Ended
Lic

Managing director · since 16 mars 2021 · 0408.161.647

Represented by Xavier Thomas

Ended
Olivier Steenhaut

Managing director · since 16 mars 2021

Ended
Willianne Genillier

Director · since 16 mars 2021

Ended

Other companies at this address

Leegaardsdijk 8 8400 Oostende
CompanyCBE no.
Lic● Active
0408.161.647
YVES THOMAS● Active
0428.327.947

Full financial information

Source · NBB
2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202316/03/2021
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months22 months
Filing date16/06/202612/05/202502/07/202423/03/2023
General meeting15/06/202630/04/202520/06/202424/02/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 4 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202515/06/202616/06/2026DutchPDF
Abridged model31/12/202430/04/202512/05/2025DutchPDF
Abridged model31/12/202320/06/202402/07/2024DutchPDF
Abridged model31/12/202224/02/202323/03/2023DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 6 ended

Active mandates

Dirk De Bruycker

Director

Active
Lic

Managing director · 0408.161.647

Represented by Xavier Thomas

Active
Willianne Genillier

Director

Active

Ended mandates

Dirk De Bruycker

Director · since 16 mars 2021

Ended
Lic

Managing director · since 16 mars 2021 · 0408.161.647

Represented by Xavier Thomas

Ended
Olivier Steenhaut

Managing director · since 16 mars 2021

Ended
Willianne Genillier

Director · since 16 mars 2021

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates20/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other19/03/2021
    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

  1. 2025
    Annual accounts 202519,9 k €↑
  2. 2024
    Annual accounts 2024-169,3 k €↓
  3. 2023
    Annual accounts 202362 k €↑
  4. 2022
    Annual accounts 202255,8 k €
  5. 17/03/2021
    IncorporationPublic limited company