ACTIVE

Inesco

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Financial year 2025 · closed on 31/12/2025

Net result

46,7 k €

-23.9% YoY

Gross margin

398,8 k €

-19.9% YoY

Equity

302,8 k €

+18.2% YoY

What does Inesco do?

Inesco is a Public limited company incorporated in 2011. Its main activity is: Rental and leasing of other machinery, equipment and tangible goods n.e.c.. Its registered office is in Bilzen-Hoeselt.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0838.349.026

Incorporation

04/08/2011

Legal form

Public limited company

Registered office

Kieleberg 41
3740 Bilzen-Hoeselt · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2025

Activities (NACE)

77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.· main 77399Rental and leasing of other machinery, equipment and tangible goods n.e.c.

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	398,8 k €	-19.9%	497,7 k €	+16.9%	425,7 k €	+8.9%	390,9 k €	-15.4%	462,1 k €	+10.6%	417,9 k €	-5.4%	441,8 k €	+19.9%	368,3 k €	+17.1%	314,5 k €	+24.4%	252,8 k €	+42.5%	177,4 k €	+230%	53,7 k €	+400%	10,7 k €	+1416%	-816 €
EBITDA	326,6 k €	-33.6%	492 k €	+17.0%	420,6 k €	+14.3%	368 k €	-20.0%	460,3 k €	+14.1%	403,5 k €	-3.7%	419,1 k €	+20.5%	347,9 k €	+18.2%	294,3 k €	+27.0%	231,7 k €	+46.9%	157,8 k €	+198%	52,9 k €	+410%	10,4 k €	+735%	-1,6 k €
Operating result	67 k €	-26.6%	91,3 k €	+117%	42,1 k €	+59.5%	26,4 k €	-63.6%	72,6 k €	+59.4%	45,6 k €	-43.7%	81 k €	+63.7%	49,4 k €	-35.5%	76,6 k €	+35.7%	56,4 k €	+59.1%	35,5 k €	+32.5%	26,8 k €	+510%	4,4 k €	+284%	-2,4 k €
Net result	46,7 k €	-23.9%	61,4 k €	+433%	11,5 k €	+188%	-13 k €	-140%	32,2 k €	+423%	6,2 k €	-87.8%	50,6 k €	+1656%	2,9 k €	-91.7%	34,6 k €	+47.4%	23,5 k €	+263%	6,5 k €	-60.0%	16,1 k €	+112%	7,6 k €	+409%	-2,5 k €
Balance sheet
Equity	302,8 k €	+18.2%	256,1 k €	+31.5%	194,8 k €	+6.3%	183,3 k €	-6.6%	196,3 k €	+19.7%	164,1 k €	+3.9%	157,9 k €	+47.2%	107,3 k €	+2.8%	104,4 k €	+81.8%	57,4 k €	+69.1%	34 k €	+23.5%	27,5 k €	+142%	11,3 k €	+204%	3,7 k €
Total assets	939 k €	-24.0%	1,2 M €	-11.1%	1,4 M €	+4.4%	1,3 M €	-7.3%	1,4 M €	+2.6%	1,4 M €	+16.1%	1,2 M €	-11.4%	1,4 M €	-9.0%	1,5 M €	+7.0%	1,4 M €	+49.6%	933,8 k €	+18.2%	789,8 k €	+163%	300,5 k €	+64.1%	183,1 k €
Cash	68,2 k €	-75.7%	280,7 k €	+9.1%	257,2 k €	-10.4%	287,1 k €	+20.8%	237,6 k €	+141%	98,7 k €	-29.8%	140,5 k €	+49.8%	93,8 k €	+22.3%	76,7 k €	-59.7%	190,2 k €	+535%	29,9 k €	-61.5%	77,9 k €	+3310%	2,3 k €	-36.7%	3,6 k €
Debts	636,2 k €	-35.0%	978,9 k €	-18.0%	1,2 M €	+4.1%	1,1 M €	-7.5%	1,2 M €	+0.4%	1,2 M €	+18.0%	1 M €	-16.4%	1,3 M €	-9.6%	1,4 M €	+3.7%	1,3 M €	+48.6%	899,5 k €	+18.3%	760,4 k €	+163%	288,7 k €	+61.0%	179,4 k €

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 · 4 active · 15 ended

Active mandates

AMBO

Director · since 28 juin 2024 · until 07 juin 2030 · 0872.527.173

Represented by Stefan Baeten

Active

Asgard

Director · since 28 juin 2024 · until 07 juin 2030 · 0885.811.027

Represented by Dennis Edey

Active

Robin Bruninx

Managing director · since 28 juin 2024 · until 07 juin 2030

Active

Sandra Deraeve

Director · since 28 juin 2024 · until 07 juin 2030

Active

Ended mandates

AMBO

Director · since 30 mars 2018 · until 07 juin 2024 · 0872.527.173

Represented by Stefan Baeten

Ended

AMBO

Director · since 30 mars 2018 · until 28 juin 2024 · 0872.527.173

Represented by Stefan Baeten

Ended

AMBO

Director · since 30 mars 2018 · until 07 juin 2024 · 0872.527.173

Represented by Stefan Baeten

Ended

Asgard

Director · since 30 mars 2018 · until 07 juin 2024 · 0885.811.027

Represented by Dennis Edey

Ended

At this address

Other companies at this address

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Encon● Active	0477.744.794
ENCON GROEP● Active	0506.977.923
Infinity Building● Active	0809.890.315
RPPRT● Active	0597.786.947
The Energy Group● Active	0543.316.497

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	17/06/2026	30/06/2025	11/07/2024	30/06/2023	27/06/2022	24/06/2021
General meeting	05/06/2026	24/06/2025	28/06/2024	02/06/2023	03/06/2022	04/06/2021
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

14 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	05/06/2026	17/06/2026	Dutch	PDF
Abridged model	31/12/2024	24/06/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	27/06/2022	Dutch	PDF
Abridged model	31/12/2020	04/06/2021	24/06/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	07/07/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	13/06/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	09/06/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	23/06/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	30/09/2013	Dutch	PDF

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 · 4 active · 15 ended

Active mandates

AMBO

Director · since 28 juin 2024 · until 07 juin 2030 · 0872.527.173

Represented by Stefan Baeten

Active

Asgard

Director · since 28 juin 2024 · until 07 juin 2030 · 0885.811.027

Represented by Dennis Edey

Active

Robin Bruninx

Managing director · since 28 juin 2024 · until 07 juin 2030

Active

Sandra Deraeve

Director · since 28 juin 2024 · until 07 juin 2030

Active

Ended mandates

AMBO

Director · since 30 mars 2018 · until 07 juin 2024 · 0872.527.173

Represented by Stefan Baeten

Ended

AMBO

Director · since 30 mars 2018 · until 28 juin 2024 · 0872.527.173

Represented by Stefan Baeten

Ended

AMBO

Director · since 30 mars 2018 · until 07 juin 2024 · 0872.527.173

Represented by Stefan Baeten

Ended

Asgard

Director · since 30 mars 2018 · until 07 juin 2024 · 0885.811.027

Represented by Dennis Edey

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other08/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates04/10/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/05/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/04/2018
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - WIJZIGING RECHTSVORM
PDF
Mandates05/02/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office02/01/2017
MAATSCHAPPELIJKE ZETEL
PDF
Mandates04/03/2014
BENAMING - MAATSCHAPPELIJKE ZETEL - 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

2025
Annual accounts 202546,7 k €↓
2024
Annual accounts 202461,4 k €↑
2023
Annual accounts 202311,5 k €↑
2022
Annual accounts 2022-13 k €↓
2021
Annual accounts 202132,2 k €↑
2020
Annual accounts 20206,2 k €↓
2019
Annual accounts 201950,6 k €↑
2018
Annual accounts 20182,9 k €↓
2017
Annual accounts 201734,6 k €↑
2016
Annual accounts 201623,5 k €↑
2015
Annual accounts 20156,5 k €↓
2014
Annual accounts 201416,1 k €↑
2013
Annual accounts 20137,6 k €↑
2013
Name changeInesco
2012
Annual accounts 2012-2,5 k €
2012
Name changeEnvest
04/08/2011
IncorporationPublic 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

Inesco

Overview

What does Inesco do?

Trend over 14 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