NORMAL SITUATION

iStart

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Financial year 2024 · closed on 31/12/2024
Net result
9,9 k €
+111.6% YoY
Gross margin
232,3 k €
+1213.9% YoY
Equity
36 k €
+37.8% YoY
Workforce
2,5 ETP
+400.0% YoY

Company — Normal situation.

What does iStart do?

iStart is a company registered in Belgium. It employs on average 2,5 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0775.772.841
Legal form
Private limited company
Contributed capital
100 000,00 €
Latest accounts
31/12/2024
Average workforce
2,5 ETP
Joint committees (1)
  • 336
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20242023
Income statement
Gross margin232,3 k €-20,9 k €
EBITDA45,4 k €-59 k €
Operating result16,3 k €-83,6 k €
Net result9,9 k €-85,4 k €
Balance sheet
Equity36 k €26,1 k €
Total assets276,3 k €229,4 k €
Cash102,2 k €76,1 k €
Debts240,3 k €203,3 k €
Other
Workforce2,5 ETP0,5 ETP
Governance

Board of directors

Seen on filing of 31/12/2024 · 3 active · 1 ended

Active mandates

GSN11

Director · since 09 avril 2025 · 0444.347.595

Represented by Jorn PEYSKENS

Active
Mibo Group

Director · since 09 avril 2025 · 1017.702.323

Represented by Vanderhoydonk GIJS

Active
Jorn Peyskens

Director · until 09 avril 2025

Active

Ended mandates

Jorn Peyskens

Manager · since 14 octobre 2021

Ended
Annual accounts

Full financial information

20242023
Type of accountAbridged modelAbridged model
Start of the financial year01/01/202401/01/2023
Closing of the financial year31/12/202431/12/2023
Length of the financial year12 months12 months
Filing date29/08/202531/08/2024
General meeting28/07/202530/08/2024
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202428/07/202529/08/2025DutchPDF
Abridged model31/12/202330/08/202431/08/2024DutchPDF
Estimate

Indicative valuation

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 31/12/2024 · 3 active · 1 ended

Active mandates

GSN11

Director · since 09 avril 2025 · 0444.347.595

Represented by Jorn PEYSKENS

Active
Mibo Group

Director · since 09 avril 2025 · 1017.702.323

Represented by Vanderhoydonk GIJS

Active
Jorn Peyskens

Director · until 09 avril 2025

Active

Ended mandates

Jorn Peyskens

Manager · since 14 octobre 2021

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution07/05/2025
    RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ... - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring03/03/2025
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates02/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other21/04/2022
    BENAMING
    PDF
  • Other18/10/2021
    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. 2024
    Annual accounts 20249,9 k €↑
  2. 2023
    Annual accounts 2023-85,4 k €