ACTIVE

icapps

Financial year 2025 · closed on 31/12/2025
Net result
-523,7 k €
-336.6% YoY
Revenue
9,3 M €
-15.0% YoY
Equity
1 M €
-33.6% YoY
Workforce
55,3 ETP
-9.6% YoY

What does icapps do?

icapps is a Public limited company incorporated in 2009. Its main activity is: Computer consultancy activities. Its registered office is in Antwerpen. It employs on average 55,3 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0819.575.764
Incorporation
07/10/2009
Legal form
Public limited company
Registered office
Rijnkaai 100 box 16
2000 Antwerpen · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
55,3 ETP
Joint committees (2)
  • 200
  • 218
Signals
Solid equityLow riskGood liquidityHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022202120212020201920182017201620152014201320122011
Income statement
Revenue9,3 M €10,9 M €12,5 M €12,6 M €7,7 M €9,9 M €9,9 M €8,5 M €6,5 M €5,3 M €4,6 M €
EBITDA-185,5 k €750,1 k €864,8 k €334,3 k €317,2 k €1,3 M €1,3 M €1,2 M €621,7 k €566,1 k €616,7 k €268,9 k €625,9 k €45,8 k €41,3 k €9,6 k €
Operating result-465 k €409,4 k €505,4 k €473,3 k €340,2 k €975,1 k €764,7 k €1,1 M €570,3 k €507,1 k €562 k €219,7 k €603,1 k €33,7 k €35,9 k €5,3 k €
Net result-523,7 k €221,3 k €272,2 k €223,1 k €154,6 k €651,7 k €412,5 k €683,9 k €318,6 k €296,8 k €286,9 k €121,4 k €483,6 k €13,6 k €21,1 k €3 k €
Balance sheet
Equity1 M €1,6 M €1,3 M €1,1 M €842,2 k €2,1 M €1,4 M €1 M €933,6 k €945 k €648,1 k €361,3 k €239,8 k €56,3 k €42,7 k €21,6 k €
Total assets2,6 M €3,5 M €3,7 M €6,3 M €5,7 M €4,5 M €4,1 M €3,4 M €2,6 M €1,9 M €1,6 M €1,1 M €903,2 k €294,2 k €176,7 k €64,3 k €
Cash34,4 k €265,1 k €226,4 k €534,8 k €345,9 k €36 k €115,7 k €190,1 k €441 k €610 k €311,6 k €453,3 k €407,4 k €79,4 k €74,4 k €34,9 k €
Debts1,2 M €1,5 M €1,8 M €4,3 M €3,9 M €2,4 M €2,7 M €2,4 M €1,6 M €959,2 k €922,3 k €769,5 k €663,3 k €237,1 k €116,2 k €42,6 k €
Other
Workforce55,3 ETP61,2 ETP72,8 ETP73,2 ETP62,3 ETP55,4 ETP51,5 ETP44,5 ETP34,3 ETP27,3 ETP24,9 ETP20,8 ETP11,3 ETP9,0 ETP3,5 ETP1,2 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 29 ended

Active mandates

De Cronos Groep

Director · since 26 juin 2020 · until 14 août 2026 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 26 juin 2020 · until 14 août 2026

Active

Ended mandates

Kona Consulting

Director · since 01 septembre 2022 · until 13 mai 2026 · 0649.901.285

Represented by Kristof Van Gemert

Ended
De Cronos Groep

Director · since 26 juin 2020 · until 13 mai 2026 · 0467.132.994

Represented by Dirk Deroost

Ended
De Cronos Groep

Director · since 26 juin 2020 · until 09 septembre 2026 · 0467.132.994

Represented by Dirk Deroost

Ended
Josephus de Wit

Director · since 26 juin 2020 · until 13 mai 2026

Ended
At this address

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UNITED BUNKERSActive
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Annual accounts

Full financial information

202520242023202220212021
Type of accountAbridged modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/04/202101/04/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/03/2021
Length of the financial year12 months12 months12 months12 months9 months12 months
Filing date26/08/202622/08/202524/07/202403/08/202303/08/202228/10/2021
General meeting14/08/202627/06/202508/05/202410/05/202329/06/202208/09/2021
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

17 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202514/08/202626/08/2026DutchPDF
Full model31/12/202427/06/202522/08/2025DutchPDF
Full model31/12/202308/05/202424/07/2024DutchPDF
Full model31/12/202210/05/202303/08/2023DutchPDF
Full model31/12/202129/06/202203/08/2022DutchPDF
Full modelCorrection31/03/202108/09/202128/10/2021DutchPDF
Full model31/03/202108/09/202115/09/2021DutchPDF
Full model31/03/202009/09/202014/09/2020DutchPDF
Full model31/03/201924/10/201904/11/2019DutchPDF
Full model31/03/201828/09/201805/10/2018DutchPDF
Abridged model31/03/201713/09/201728/11/2017DutchPDF
Abridged model31/03/201614/09/201628/10/2016DutchPDF
Abridged model31/03/201509/09/201527/11/2015DutchPDF
Abridged model31/03/201410/09/201428/11/2014DutchPDF
Abridged model31/03/201311/09/201325/09/2013DutchPDF
Abridged model31/03/201212/09/201225/09/2012DutchPDF
Abridged model31/03/201114/09/201130/09/2011DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 29 ended

Active mandates

De Cronos Groep

Director · since 26 juin 2020 · until 14 août 2026 · 0467.132.994

Represented by Dirk Deroost

Active
Josephus de Wit

Director · since 26 juin 2020 · until 14 août 2026

Active

Ended mandates

Kona Consulting

Director · since 01 septembre 2022 · until 13 mai 2026 · 0649.901.285

Represented by Kristof Van Gemert

Ended
De Cronos Groep

Director · since 26 juin 2020 · until 13 mai 2026 · 0467.132.994

Represented by Dirk Deroost

Ended
De Cronos Groep

Director · since 26 juin 2020 · until 09 septembre 2026 · 0467.132.994

Represented by Dirk Deroost

Ended
Josephus de Wit

Director · since 26 juin 2020 · until 13 mai 2026

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/10/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/04/2021
    BENAMING - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates03/12/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/09/2020
    DIVERSEN
    PDF
  • Mandates20/08/2020
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    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 2025-523,7 k €
  2. 2024
    Annual accounts 2024221,3 k €
  3. 2023
    Annual accounts 2023272,2 k €
  4. 2022
    Annual accounts 2022223,1 k €
  5. 2021
    Annual accounts 2021154,6 k €
  6. 2021
    Annual accounts 2021651,7 k €
  7. 2020
    Annual accounts 2020412,5 k €
  8. 2019
    Annual accounts 2019683,9 k €
  9. 2018
    Annual accounts 2018318,6 k €
  10. 2017
    Annual accounts 2017296,8 k €
  11. 2016
    Annual accounts 2016286,9 k €
  12. 2015
    Annual accounts 2015121,4 k €
  13. 2014
    Annual accounts 2014483,6 k €
  14. 2013
    Annual accounts 201313,6 k €
  15. 2012
    Annual accounts 201221,1 k €
  16. 2011
    Annual accounts 20113 k €
  17. 07/10/2009
    IncorporationPublic limited company