ACTIVE

IMPROVE

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Financial year 2025 · closed on 31/12/2025

Net result

267,4 k €

-23.6% YoY

Revenue

55 k €

-43.3% YoY

Equity

938,2 k €

+39.9% YoY

Workforce

0,8 ETP

0.0% YoY

What does IMPROVE do?

IMPROVE is a Private limited company incorporated in 2010. Its main activity is: Management consultancy activities. Its registered office is in Houthalen-Helchteren. It employs on average 0,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0824.632.830

Incorporation

01/04/2010

Legal form

Private limited company

Registered office

Centrum-Zuid 3009
3530 Houthalen-Helchteren · FlandreSee on map

Contributed capital

12 500,00 €

Latest accounts

31/12/2025

Average workforce

0,8 ETP

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 15 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011
Income statement
Revenue	55 k €	-43.3%	97 k €	+1.7%	95,4 k €	+4.1%	91,6 k €	+12.9%	81,2 k €	+13.8%	71,3 k €		–		–		–		–		–		–		–		–		–
EBITDA	-39,3 k €	-881%	5 k €	-33.7%	7,6 k €	-35.9%	11,9 k €	-3.6%	12,3 k €	+15.2%	10,7 k €	-75.1%	42,9 k €	+94.9%	22 k €	+3.2%	21,3 k €	-4.0%	22,2 k €	+389%	-7,7 k €	-32.8%	-5,8 k €	+41.6%	-9,9 k €	+62.4%	-26,4 k €	-124%	-11,8 k €
Operating result	-39,3 k €	-881%	5 k €	-33.7%	7,6 k €	-35.9%	11,9 k €	-3.6%	12,3 k €	+15.2%	10,7 k €	-75.1%	42,9 k €	+94.9%	22 k €	+3.2%	21,3 k €	-4.0%	22,2 k €	+379%	-8 k €	-26.2%	-6,3 k €	+39.5%	-10,4 k €	+61.8%	-27,4 k €	-91.8%	-14,3 k €
Net result	267,4 k €	-23.6%	350 k €	+13558%	2,6 k €	-47.8%	4,9 k €	-30.6%	7,1 k €	-97.7%	301 k €	+1246%	22,4 k €	+163%	8,5 k €	+7.1%	7,9 k €	-61.7%	20,7 k €	+359%	-8 k €	-25.2%	-6,4 k €	+39.4%	-10,6 k €	+61.5%	-27,4 k €	-90.5%	-14,4 k €
Balance sheet
Equity	938,2 k €	+39.9%	670,8 k €	+109%	320,8 k €	+0.8%	318,2 k €	+1.6%	313,3 k €	+2.3%	306,3 k €	+5725%	5,3 k €	+131%	-17,1 k €	+33.2%	-25,6 k €	+23.7%	-33,6 k €	+38.2%	-54,3 k €	-17.3%	-46,3 k €	-16.0%	-39,9 k €	-36.0%	-29,3 k €	-1447%	-1,9 k €
Total assets	1,1 M €	+31.1%	808 k €	+27.4%	634,2 k €	+0.9%	628,3 k €	+5.6%	595,1 k €	-3.9%	619,6 k €	+3.7%	597,7 k €	+10.4%	541,4 k €	+6.5%	508,4 k €	+4.4%	486,8 k €	+10127%	4,8 k €	-15.2%	5,6 k €	-34.9%	8,6 k €	+37.4%	6,3 k €	-37.4%	10 k €
Cash	668,9 €	-79.5%	3,3 k €	-18.3%	4 k €	+9.0%	3,7 k €	-62.7%	9,8 k €	+149%	3,9 k €	-26.9%	5,4 k €	-10.5%	6 k €	+131%	2,6 k €	-68.7%	8,3 k €	+595%	1,2 k €	-53.7%	2,6 k €	-24.9%	3,4 k €	-15.7%	4,1 k €	-48.0%	7,9 k €
Debts	121,4 k €	-11.6%	137,2 k €	-56.2%	313,4 k €	+1.8%	308 k €	+9.7%	280,7 k €	-10.4%	313,3 k €	-47.1%	592,5 k €	+6.1%	558,5 k €	+4.6%	534,1 k €	+2.6%	520,3 k €	+797%	58 k €	+14.1%	50,9 k €	+7.1%	47,5 k €	+37.3%	34,6 k €	+217%	10,9 k €
Other
Workforce	0,8 ETP	0.0%	0,8 ETP	0.0%	0,8 ETP	-11.1%	0,9 ETP	0.0%	0,9 ETP	0.0%	0,9 ETP	0.0%	0,9 ETP	+125%	0,4 ETP		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

I-DEAL

Director · since 01 septembre 2019 · 0890.215.322

Represented by THEO HELVEN

Active

Ended mandates

I-DEAL

Director · since 01 septembre 2019 · 0890.215.322

Ended

I-DEAL

Director · since 01 septembre 2019 · 0890.215.322

Represented by Theo HELVEN

Ended

Emiel Geurts

Administrator - manager · since 27 octobre 2016

Ended

I-DEAL

Mandate · 0890.215.322

Represented by THEO HELVEN

Ended

At this address

Other companies at this address

Company	CBE no.
ABRAHAMS AND WATCHERS● Active	0428.645.572
BOUWMACHINES G. SNIJERS● Active	0441.842.720
GL GREEN● Active	0831.666.914
I-DEAL● Active	0890.215.322
NAOMI MOYENS● Active	0787.764.714
SNEL MONTAGE BOUWKRANEN● Active	0794.466.325

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	04/08/2026	29/07/2025	12/11/2024	29/06/2023	27/07/2022	30/08/2021
General meeting	30/05/2026	29/05/2025	30/05/2024	25/05/2023	26/05/2022	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

Ratios

Financial ratios

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Filings

Annual accounts filings

16 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/05/2026	04/08/2026	Dutch	PDF
Abridged model	31/12/2024	29/05/2025	29/07/2025	Dutch	PDF
Abridged modelCorrection	31/12/2023	30/05/2024	12/11/2024	Dutch	PDF
Abridged model	31/12/2023	30/05/2024	20/08/2024	Dutch	PDF
Abridged model	31/12/2022	25/05/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	26/05/2022	27/07/2022	Dutch	PDF
Abridged model	31/12/2020	27/05/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	28/05/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	30/05/2019	20/11/2019	Dutch	PDF
Abridged model	31/12/2017	31/05/2018	09/11/2018	Dutch	PDF
Abridged model	31/12/2016	25/05/2017	10/06/2017	Dutch	PDF
Abridged model	31/12/2015	26/05/2016	18/07/2016	Dutch	PDF
Abridged model	31/12/2014	28/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	30/05/2013	16/07/2013	Dutch	PDF
Abridged model	31/12/2011	31/05/2012	31/08/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 1 active · 5 ended

Active mandates

I-DEAL

Director · since 01 septembre 2019 · 0890.215.322

Represented by THEO HELVEN

Active

Ended mandates

I-DEAL

Director · since 01 septembre 2019 · 0890.215.322

Ended

I-DEAL

Director · since 01 septembre 2019 · 0890.215.322

Represented by Theo HELVEN

Ended

Emiel Geurts

Administrator - manager · since 27 octobre 2016

Ended

I-DEAL

Mandate · 0890.215.322

Represented by THEO HELVEN

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Restructuring26/08/2026
MET FUSIE DOOR OVERNEMING GELIJKGESTELDE VERRICHTING
PDF
Restructuring11/05/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Registered office02/04/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/02/2020
ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates28/11/2019
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/11/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other15/04/2010
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

2025
Annual accounts 2025267,4 k €↓
2024
Annual accounts 2024350 k €↑
2023
Annual accounts 20232,6 k €↓
2022
Annual accounts 20224,9 k €↓
2021
Annual accounts 20217,1 k €↓
2020
Annual accounts 2020301 k €↑
2019
Annual accounts 201922,4 k €↑
2018
Annual accounts 20188,5 k €↑
2017
Annual accounts 20177,9 k €↓
2016
Annual accounts 201620,7 k €↑
2015
Annual accounts 2015-8 k €↓
2014
Annual accounts 2014-6,4 k €↑
2013
Annual accounts 2013-10,6 k €↑
2012
Annual accounts 2012-27,4 k €↓
2011
Annual accounts 2011-14,4 k €
01/04/2010
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

IMPROVE

Overview

What does IMPROVE do?

Trend over 15 financial years

Indicative valuation

Board of directors

Other companies at this address

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