ACTIVE

I-ILLUSIONS

Financial year 2025 · closed on 31/12/2025
Net result
61,1 k €
+204.8% YoY
Gross margin
509,9 k €
+51.5% YoY
Equity
4,9 M €
+1.3% YoY
Workforce
3,1 ETP
-8.8% YoY

What does I-ILLUSIONS do?

I-ILLUSIONS is a Private limited company incorporated in 2011. Its main activity is: Computer programming activities. Its registered office is in Geraardsbergen. It employs on average 3,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0834.828.124
Incorporation
25/03/2011
Legal form
Private limited company
Registered office
Gaverstraat(Ove) 39C
9500 Geraardsbergen · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Average workforce
3,1 ETP
Joint committees (1)
  • 227
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201620152014201320122011
Income statement
Gross margin509,9 k €336,7 k €1,5 M €526,3 k €1,1 M €1,5 M €766,8 k €357 k €540,8 k €703,4 k €11,3 k €26,7 k €63,6 k €13,1 k €31,1 k €
EBITDA280,9 k €111,4 k €1,3 M €367 k €943,8 k €1,4 M €763,9 k €355,6 k €540,1 k €702,6 k €10,2 k €25,7 k €62,2 k €9,8 k €29,4 k €
Operating result150,3 k €-14,7 k €1,2 M €271,5 k €846,2 k €1,3 M €627,2 k €306,7 k €494 k €694,5 k €4,8 k €21 k €50,5 k €-3,5 k €24,7 k €
Net result61,1 k €20 k €1,4 M €310 k €695,6 k €1,1 M €554 k €217,1 k €398,3 k €552,6 k €3 k €17,3 k €31,3 k €-4,7 k €15 k €
Balance sheet
Equity4,9 M €4,8 M €4,8 M €3,4 M €3,4 M €2,7 M €1,5 M €1,2 M €1 M €623,8 k €71,1 k €68,2 k €52,4 k €22,7 k €27,4 k €
Total assets5,1 M €4,9 M €5 M €3,8 M €3,5 M €2,9 M €1,8 M €1,3 M €1,2 M €779,6 k €98,4 k €107,5 k €77,6 k €32,6 k €59,1 k €
Cash699,6 k €702,6 k €1 M €1,8 M €1,5 M €1,4 M €765,6 k €750,9 k €666,5 k €654 k €62,4 k €69,5 k €57,1 k €4,3 k €30,7 k €
Debts172,1 k €52,3 k €217,4 k €379,2 k €90,8 k €236 k €290,8 k €87 k €216,2 k €154,8 k €26,3 k €38,3 k €24,2 k €8,9 k €30,7 k €
Other
Workforce3,1 ETP3,4 ETP2,7 ETP2,7 ETP3,4 ETP2,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

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

Board of directors

Seen on filing of 31/12/2025 · 2 active · 3 ended

Active mandates

Ann Van Nuffel

Director · since 04 décembre 2023

Active
Dirk Van Welden

Director · since 17 mars 2011

Active

Ended mandates

Dirk Van welden

Administrator - manager

Ended
Dirk Van Welden

Director

Ended
Dirk Van Welden

Manager

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date28/08/202624/08/202527/07/202430/08/202327/07/202222/07/2021
General meeting31/07/202631/07/202528/06/202431/07/202328/06/202225/06/2021
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

15 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/07/202628/08/2026DutchPDF
Abridged model31/12/202431/07/202524/08/2025DutchPDF
Abridged model31/12/202328/06/202427/07/2024DutchPDF
Abridged model31/12/202231/07/202330/08/2023DutchPDF
Abridged model31/12/202128/06/202227/07/2022DutchPDF
Abridged model31/12/202025/06/202122/07/2021DutchPDF
Abridged model31/12/201904/09/202030/09/2020DutchPDF
Abridged model31/12/201816/09/201930/10/2019DutchPDF
Abridged model31/12/201730/08/201828/09/2018DutchPDF
Abridged model31/12/201630/06/201731/08/2017DutchPDF
Abridged model31/12/201517/11/201617/11/2016DutchPDF
Abridged model31/12/201426/06/201530/09/2015DutchPDF
Abridged model31/12/201327/06/201431/10/2014DutchPDF
Abridged model31/12/201228/06/201328/08/2013FrenchPDF
Abridged model31/12/201122/06/201214/08/2012FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 · 3 ended

Active mandates

Ann Van Nuffel

Director · since 04 décembre 2023

Active
Dirk Van Welden

Director · since 17 mars 2011

Active

Ended mandates

Dirk Van welden

Administrator - manager

Ended
Dirk Van Welden

Director

Ended
Dirk Van Welden

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring12/06/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring20/03/2026
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates11/12/2023
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
    PDF
  • Registered office07/04/2014
    SIEGE SOCIAL
    PDF
  • Other06/04/2011
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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 202561,1 k €
  2. 2024
    Annual accounts 202420 k €
  3. 2023
    Annual accounts 20231,4 M €
  4. 2022
    Annual accounts 2022310 k €
  5. 2021
    Annual accounts 2021695,6 k €
  6. 2020
    Annual accounts 20201,1 M €
  7. 2019
    Annual accounts 2019554 k €
  8. 2018
    Annual accounts 2018217,1 k €
  9. 2017
    Annual accounts 2017398,3 k €
  10. 2016
    Annual accounts 2016552,6 k €
  11. 2015
    Annual accounts 20153 k €
  12. 2014
    Annual accounts 201417,3 k €
  13. 2013
    Annual accounts 201331,3 k €
  14. 2012
    Annual accounts 2012-4,7 k €
  15. 2011
    Annual accounts 201115 k €
  16. 25/03/2011
    IncorporationPrivate limited company