ACTIVE

IGC INVEST

Financial year 2025 · Closed on 31/12/2025

Net result-5,3 k €-616,2 %over 1 year

Gross margin-4,5 k €-302,7 %over 1 year

Equity-274 €-105,5 %over 1 year

Identity

Source · BCE/KBO

IGC INVEST is a Private limited company incorporated in 2010. Its main activity is: Other activities auxiliary to financial services, except insurance and pension funding. Its registered office is in Namur.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0823.550.685
Incorporation: 02/03/2010
Legal form: Private limited company
Registered office: Rue Albert Michiels(JB) 3
5100 Namur · WallonieSee on map
Contributed capital: 18 600,00 €
Latest accounts: 31/12/2025

Activities (NACE)

66199Other activities auxiliary to financial services, except insurance and pension funding· main 66199Other activities auxiliary to financial services, except insurance and pension funding 46190Agents involved in the sale of a variety of goods 46190Agents involved in the sale of a variety of goods 66290Other activities auxiliary to insurance and pension funding 66290Other activities auxiliary to insurance and pension funding+1

Joint committees (2)

Financials

Source · NBB, 17 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-4,5 k €	-303%	2,2 k €	+148%	-4,6 k €	-377%	1,7 k €	-87.2%	13 k €
EBITDA	-4,8 k €	-378%	1,7 k €	+135%	-4,9 k €	-516%	1,2 k €	-90.9%	12,9 k €
Operating result	-4,8 k €	-1207%	431,9 €	+106%	-7,3 k €	-493%	-1,2 k €	-110%	11,8 k €
Net result	-5,3 k €	-616%	1 k €	+114%	-7,5 k €	-435%	-1,4 k €	-112%	11,5 k €
Balance sheet
Equity	-274 €	-105%	5 k €	+25.7%	4 k €	-65.2%	11,4 k €	-10.9%	12,8 k €
Total assets	563,3 €	-89.0%	5,1 k €	+10.7%	4,6 k €	-66.0%	13,6 k €	-9.6%	15 k €
Cash	63,3 €	-98.0%	3,2 k €	+486%	551,7 €	-93.1%	8 k €	-9.9%	8,8 k €
Debts	837,3 €	+606%	118,6 €	-81.7%	647,2 €	-60.3%	1,6 k €	-25.7%	2,2 k €
Other
Workforce	–		–		–		–		–

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gerlando Cipolla	Directorsince 28/05/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
David HUART	Director10/02/2020 → 28/05/2021Managerlisted until the 2019 accounts
FOUZIA BOUNGAB	Manager26/02/2011 → 2019 accounts

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	09/07/2026	31/07/2025	26/07/2024	27/07/2023	27/07/2022	28/07/2021
General meeting	28/05/2026	29/05/2025	30/05/2024	28/06/2023	03/07/2022	27/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	28/05/2026	09/07/2026	French	PDF
Micro model	31/12/2024	29/05/2025	31/07/2025	French	PDF
Micro model	31/12/2023	30/05/2024	26/07/2024	French	PDF
Micro model	31/12/2022	28/06/2023	27/07/2023	French	PDF
Micro model	31/12/2021	03/07/2022	27/07/2022	French	PDF
Micro model	31/12/2020	27/05/2021	28/07/2021	French	PDF
Micro modelCorrection	31/12/2019	28/05/2020	31/08/2020	French	PDF
Micro model	31/12/2019	28/05/2020	22/07/2020	French	PDF
Micro model	31/12/2018	30/05/2019	23/07/2019	French	PDF
Micro model	31/12/2017	31/05/2018	19/07/2018	French	PDF
Micro model	31/12/2016	26/05/2017	25/07/2017	French	PDF
Abridged model	31/12/2015	26/05/2016	26/07/2016	French	PDF
Abridged model	31/12/2014	28/05/2015	28/07/2015	French	PDF
Abridged model	31/12/2013	29/05/2014	23/07/2014	French	PDF
Abridged model	31/12/2012	30/05/2013	24/07/2013	French	PDF
Abridged model	31/12/2011	31/05/2012	16/07/2012	French	PDF
Abridged model	31/12/2010	26/05/2011	25/07/2011	French	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gerlando Cipolla	Directorsince 28/05/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
David HUART	Director10/02/2020 → 28/05/2021Managerlisted until the 2019 accounts
FOUZIA BOUNGAB	Manager26/02/2011 → 2019 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates07/10/2026
SIEGE, DIVERS, DEMISSIONS, NOMINATIONS
PDF
Mandates03/06/2021
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DENOMINATION - SIEGE SOCIAL - OBJET - DEMISSIONS, NOMINATIONS
PDF
Mandates10/03/2020
SIEGE SOCIAL - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates06/10/2014
DEMISSIONS, NOMINATIONS
PDF
Other22/04/2014
Modification mandat gérance
PDF
Mandates06/07/2011
DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
PDF
Other12/03/2010
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings16 filings

Mandates

Gerlando Cipolla

David HUART

FOUZIA BOUNGAB

20102011201220132014201520162017201820192020202120222023202420252026

IGC INVEST

RUE EUGENE-HOUDRET 55, 4000 Liège

Director

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Albert Michiels(JB) 3, 5100 Jambes (Namur)Current	CBE since 06/10/2026	CBE
Rue Eugène-Houdret 55, 4000 Liège	CBE until 06/10/2026	CBE
RUE EUGENE-HOUDRET 55, 4000 Liège	accounts 2021 → 2025	Accounts 2025 · 2026-00273931

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
IGC INVESTCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00273931

Events

2025
Annual accounts 2025-5,3 k €↓
2024
Annual accounts 20241 k €↑
2023
Annual accounts 2023-7,5 k €↓
2022
Annual accounts 2022-1,4 k €↓
2021
Annual accounts 202111,5 k €↑
2020
Annual accounts 20206,5 k €↑
2019
Annual accounts 2019-9,5 k €↓
2018
Annual accounts 201826,3 k €↑
2017
Annual accounts 2017-49,2 k €↓
2016
Annual accounts 2016-27,6 k €↓
2015
Annual accounts 2015709,1 €↓
2014
Annual accounts 201412,4 k €↑
2013
Annual accounts 201310,8 k €↑
2012
Annual accounts 20129,7 k €↑
2011
Annual accounts 20112 k €↑
2010
Annual accounts 2010509,7 €
02/03/2010
IncorporationPrivate limited company

IGC INVEST

Overview

Identity

Financials

Board of directors

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

Timeline

Registered offices

Company names

Events