ACTIVE

ICO Technics

Financial year 2025 · closed on 31/12/2025
Net result
103,6 k €
+24.0% YoY
Revenue
2,8 M €
-5.7% YoY
Equity
1,2 M €
+9.4% YoY
Workforce
33,8 ETP
-9.1% YoY

What does ICO Technics do?

ICO Technics is a Public limited company incorporated in 2010. Its main activity is: Cargo handling. Its registered office is in Brugge. It employs on average 33,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0828.474.327
Incorporation
27/07/2010
Legal form
Public limited company
Registered office
Margareta van Oostenrijkstraat 1
8380 Brugge · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
33,8 ETP
Joint committees (3)
  • 111
  • 14003
  • 226
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Revenue2,8 M €2,9 M €3,6 M €2,8 M €2,4 M €2,5 M €4 M €4 M €3,8 M €3,6 M €1,6 M €
EBITDA133,4 k €137,1 k €168,2 k €141,2 k €115,6 k €126,2 k €185,8 k €220,9 k €165,1 k €186,9 k €71,7 k €-6,1 k €
Operating result133,4 k €137,1 k €168,2 k €141,2 k €115,6 k €126,2 k €185,8 k €220,9 k €165,1 k €186,9 k €71,7 k €-6,1 k €
Net result103,6 k €83,5 k €113,3 k €85,2 k €73,6 k €84,7 k €115 k €117,8 k €83 k €96 k €48,9 k €-5,5 k €
Balance sheet
Equity1,2 M €1,1 M €1 M €910 k €824,8 k €751,2 k €666,4 k €551,5 k €433,7 k €350,7 k €254,6 k €205,8 k €
Total assets1,6 M €1,4 M €1,6 M €1,5 M €1,2 M €1,2 M €1,2 M €1,3 M €1,2 M €1,2 M €1 M €211,6 k €
Cash117 k €428,9 k €1,1 M €952,4 k €755,6 k €645,8 k €842,7 k €400,4 k €351,4 k €416,9 k €185,3 k €210,1 k €
Debts370,5 k €321,3 k €597,1 k €561,7 k €332,4 k €433,8 k €522,1 k €704,9 k €735,8 k €827,5 k €772,9 k €5,6 k €
Other
Workforce33,8 ETP37,2 ETP40,5 ETP40,3 ETP44,8 ETP57,5 ETP62,4 ETP65,3 ETP60,0 ETP60,4 ETP15,3 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 · 3 active · 14 ended

Active mandates

Carl-Johan Hagman

Director · since 18 juin 2024 · until 14 juin 2030

Active
Konishi Takayuki

Director · since 18 juin 2024 · until 14 juin 2030

Active
Marc Adriansens

Managing director · since 16 juin 2023 · until 16 juin 2029

Active

Ended mandates

Moriya Tomoo

Director · since 23 juin 2019 · until 16 juin 2023

Ended
Moriya Tomoo

Director · since 23 juin 2019 · until 21 juin 2023

Ended
Hiroyuki Okamoto

Director · since 01 juillet 2017 · until 16 mai 2023

Ended
Hiroyuki Okamoto

Director · since 01 juillet 2017 · until 16 juin 2023

Ended
At this address

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ICO WINDPARKActive
0725.933.548
0479.469.515
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date19/05/202607/07/202517/06/202419/06/202317/06/202223/06/2021
General meeting19/05/202630/06/202514/06/202416/06/202317/06/202218/06/2021
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

16 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/05/202619/05/2026DutchPDF
Full model31/12/202430/06/202507/07/2025DutchPDF
Full model31/12/202314/06/202417/06/2024DutchPDF
Full model31/12/202216/06/202319/06/2023DutchPDF
Full model31/12/202117/06/202217/06/2022DutchPDF
Full model31/12/202018/06/202123/06/2021DutchPDF
Full model31/12/201916/06/202017/07/2020DutchPDF
Full model31/12/201818/06/201927/06/2019DutchPDF
Full model31/12/201725/06/201826/06/2018DutchPDF
Full model31/12/201630/06/201730/06/2017DutchPDF
Full model31/12/201517/05/201627/06/2016DutchPDF
Full model31/12/201419/05/201523/06/2015DutchPDF
Full model31/12/201320/05/201426/06/2014DutchPDF
Full model31/12/201221/05/201325/06/2013DutchPDF
Full modelCorrection31/12/201115/05/201217/04/2013DutchPDF
Full model31/12/201115/05/201225/09/2012DutchPDF
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 · 3 active · 14 ended

Active mandates

Carl-Johan Hagman

Director · since 18 juin 2024 · until 14 juin 2030

Active
Konishi Takayuki

Director · since 18 juin 2024 · until 14 juin 2030

Active
Marc Adriansens

Managing director · since 16 juin 2023 · until 16 juin 2029

Active

Ended mandates

Moriya Tomoo

Director · since 23 juin 2019 · until 16 juin 2023

Ended
Moriya Tomoo

Director · since 23 juin 2019 · until 21 juin 2023

Ended
Hiroyuki Okamoto

Director · since 01 juillet 2017 · until 16 mai 2023

Ended
Hiroyuki Okamoto

Director · since 01 juillet 2017 · until 16 juin 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/06/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/05/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/09/2018
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/07/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/06/2015
    BENAMING - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates26/08/2014
    ONTSLAGEN - BENOEMINGEN
    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 2025103,6 k €
  2. 2024
    Annual accounts 202483,5 k €
  3. 2023
    Annual accounts 2023113,3 k €
  4. 2022
    Annual accounts 202285,2 k €
  5. 2021
    Annual accounts 202173,6 k €
  6. 2020
    Annual accounts 202084,7 k €
  7. 2019
    Annual accounts 2019115 k €
  8. 2018
    Annual accounts 2018117,8 k €
  9. 2017
    Annual accounts 201783 k €
  10. 2016
    Annual accounts 201696 k €
  11. 2015
    Annual accounts 201548,9 k €
  12. 2014
    Annual accounts 2014-5,5 k €
  13. 27/07/2010
    IncorporationPublic limited company