ICD Management
0810.861.404 · rovalta.com · 24/09/2026
ACTIVE
ICD Management
Financial year 2025 · Closed on 31/12/2025
Net result
2 k €
+1 000,7 %over 1 yearGross margin
16,6 k €
+109,0 %over 1 yearEquity
-7,2 k €
+21,9 %over 1 yearOverview
Identity
Source · BCE/KBOICD Management is a Private limited company incorporated in 2009. Its main activity is: Management consultancy activities. Its registered office is in Braine-l'Alleud.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0810.861.404
- Incorporation
- 30/03/2009
- Legal form
- Private limited company
- Registered office
- Clos des Tilleuls 9
1428 Braine-l'Alleud · WallonieSee on map - Contributed capital
- 1 860,00 €
- Latest accounts
- 31/12/2025
Activities (NACE)
Signals
ProfitablePositive cashflowPositive EBITDA
Financials
Source · NBB, 16 filingsTrend over 16 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 16,6 k € | +109% | 8 k € | +28.1% | 6,2 k € | -45.1% | 11,3 k € | +56.3% | 7,2 k € |
| EBITDA | 15,2 k € | +136% | 6,4 k € | +49.1% | 4,3 k € | -55.1% | 9,6 k € | +63.7% | 5,9 k € |
| Operating result | 11,6 k € | +539% | 1,8 k € | +236% | -1,3 k € | -133% | 4 k € | +114% | 1,9 k € |
| Net result | 2 k € | +1001% | 181,7 € | -92.2% | 2,3 k € | +592% | -472,2 € | +81.4% | -2,5 k € |
| Balance sheet | |||||||||
| Equity | -7,2 k € | +21.9% | -9,2 k € | +1.9% | -9,3 k € | -234% | 6,9 k € | -6.4% | 7,4 k € |
| Total assets | 120,3 k € | +2.9% | 117 k € | +29.7% | 90,2 k € | +0.7% | 89,6 k € | -19.3% | 111 k € |
| Cash | 5 k € | -14.8% | 5,8 k € | +106% | 2,8 k € | +183% | 1 k € | -81.1% | 5,3 k € |
| Debts | 127,3 k € | +1.3% | 125,7 k € | +26.4% | 99,5 k € | +20.9% | 82,3 k € | -20.4% | 103,3 k € |
| Other | |||||||||
| Workforce | – | – | – | – | – | ||||
Valuation
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20252 active · 2 ended
Active mandates
Cem Budak
ActiveIsabelle Bruyere
ActiveEnded mandates
CEM BUDAK
EndedISABELLE BRUYERE
EndedFinancials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Micro model | Micro 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 | 24/04/2026 | 06/06/2025 | 28/06/2024 | 30/06/2023 | 30/06/2022 | 25/06/2021 |
| General meeting | 23/04/2026 | 05/06/2025 | 11/06/2024 | 13/06/2023 | 27/06/2022 | 08/06/2021 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 16 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2025 | 23/04/2026 | 24/04/2026 | French | |
| Micro model | 31/12/2024 | 05/06/2025 | 06/06/2025 | French | |
| Micro model | 31/12/2023 | 11/06/2024 | 28/06/2024 | French | |
| Micro model | 31/12/2022 | 13/06/2023 | 30/06/2023 | French | |
| Micro model | 31/12/2021 | 27/06/2022 | 30/06/2022 | French | |
| Micro model | 31/12/2020 | 08/06/2021 | 25/06/2021 | French | |
| Micro model | 31/12/2019 | 05/03/2020 | 26/06/2020 | French | |
| Micro model | 31/12/2018 | 21/05/2019 | 24/05/2019 | French | |
| Micro model | 31/12/2017 | 12/06/2018 | 15/06/2018 | French | |
| Micro model | 31/12/2016 | 08/06/2017 | 09/06/2017 | French | |
| Abridged model | 31/12/2015 | 28/06/2016 | 30/06/2016 | French | |
| Abridged model | 31/12/2014 | 09/06/2015 | 25/06/2015 | French | |
| Abridged model | 31/12/2013 | 30/06/2014 | 16/07/2014 | French | |
| Abridged model | 31/12/2012 | 11/06/2013 | 12/07/2013 | French | |
| Abridged model | 31/12/2011 | 29/06/2012 | 13/07/2012 | French | |
| Abridged model | 31/12/2010 | 30/06/2011 | 17/08/2011 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 0 € and 100 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20252 active · 2 ended
Active mandates
Cem Budak
ActiveIsabelle Bruyere
ActiveEnded mandates
CEM BUDAK
EndedISABELLE BRUYERE
EndedOwnership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates22/12/2021STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
- Mandates30/05/2011DENOMINATION - OBJET - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Other09/04/2009RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20252 k €↑
- 2024Annual accounts 2024181,7 €↓
- 2023Annual accounts 20232,3 k €↑
- 2022Annual accounts 2022-472,2 €↑
- 2021Annual accounts 2021-2,5 k €↓
- 2020Annual accounts 20207,1 k €↑
- 2019Annual accounts 2019-16,6 k €↓
- 2018Annual accounts 201848,6 €↓
- 2017Annual accounts 2017349,4 €↑
- 2016Annual accounts 2016-11 k €↓
- 2015Annual accounts 20152 k €↑
- 2014Annual accounts 2014361 €↑
- 2013Annual accounts 2013-2,3 k €↓
- 2012Annual accounts 2012-1,6 k €↓
- 2011Annual accounts 201120,6 k €↑
- 2010Annual accounts 2010-7,6 k €
- 30/03/2009IncorporationPrivate limited company