ACTIVE

IVCE Services

Export PDF

Financial year 2024 · closed on 30/09/2024

Net result

-10,4 M €

-22.9% YoY

Revenue

49,6 M €

+40.4% YoY

Equity

-18,3 M €

-132.6% YoY

Workforce

172,0 ETP

+83.8% YoY

What does IVCE Services do?

IVCE Services is a Private limited company incorporated in 2011. Its main activity is: Office administrative and support activities. Its registered office is in Nazareth-De Pinte. It employs on average 172,0 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0839.549.351

Incorporation

23/09/2011

Legal form

Private limited company

Registered office

Grote steenweg 15
9840 Nazareth-De Pinte · FlandreSee on map

Contributed capital

470 019,93 €

Latest accounts

30/09/2024

Average workforce

172,0 ETP

Activities (NACE)

82100Office administrative and support activities· main 82110Combined office administrative service activities 64999Other financial service activities, except insurance and pension funding n.e.c.64999Other financial service activities, except insurance and pension funding n.e.c.82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Joint committees (2)

336
33600

Signals

Positive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2024		2023		2021		2018		2017		2016		2015		2014		2013		2012
Income statement
Revenue	49,6 M €	+40.4%	35,3 M €		–		–		–		–		–		–		1,3 M €	+16.8%	1,1 M €
EBITDA	1,7 M €	+799%	194,3 k €	-73.4%	730,5 k €	+82.7%	399,9 k €	+294%	101,6 k €	-77.2%	445,1 k €	+37.4%	323,9 k €	+17.5%	275,7 k €	+136%	116,7 k €	-23.8%	153 k €
Operating result	-7,4 M €	-44.3%	-5,1 M €	-836%	695,2 k €	+97.5%	351,9 k €	+739%	42 k €	-88.4%	361,8 k €	+52.1%	237,8 k €	+22.2%	194,7 k €	+263%	53,6 k €	-48.0%	103 k €
Net result	-10,4 M €	-22.9%	-8,5 M €	-6762%	127,5 k €	-46.8%	239,5 k €	+1259%	17,6 k €	-92.3%	227,4 k €	+56.0%	145,7 k €	+24.1%	117,4 k €	+253%	33,3 k €	-47.9%	64 k €
Balance sheet
Equity	-18,3 M €	-133%	-7,9 M €	-739%	1,2 M €	+198%	413,9 k €	+128%	181,7 k €	+10.8%	164 k €	-5.5%	173,7 k €	-0.6%	174,6 k €	+48.9%	117,2 k €	+39.7%	84 k €
Total assets	105,6 M €	+31.5%	80,3 M €	+354%	17,7 M €	+2392%	709,8 k €	+24.6%	569,6 k €	+18.5%	480,7 k €	+8.2%	444,2 k €	-14.6%	520,2 k €	+24.1%	419,3 k €	+3.8%	403,9 k €
Cash	2 M €	-41.7%	3,4 M €	+704%	426,7 k €	+65.7%	257,4 k €	+172%	94,8 k €	-32.3%	139,9 k €	+2.4%	136,7 k €	+9.1%	125,3 k €	+58.2%	79,2 k €	-54.9%	175,6 k €
Debts	123,9 M €	+40.5%	88,1 M €	+436%	16,5 M €	+5461%	295,9 k €	-23.7%	387,9 k €	+22.5%	316,7 k €	+17.2%	270,1 k €	-21.8%	345,6 k €	+14.4%	302,1 k €	-5.6%	319,9 k €
Other
Workforce	172,0 ETP	+83.8%	93,6 ETP	+573%	13,9 ETP	+31.1%	10,6 ETP	-4.5%	11,1 ETP	+19.4%	9,3 ETP	+8.1%	8,6 ETP	+17.8%	7,3 ETP	+21.7%	6,0 ETP	+53.8%	3,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/09/2024 · 1 active · 14 ended

Active mandates

Evidensia Belgium

Director · since 23 décembre 2019 · 0701.671.472

Represented by Emilienne Huynen

Active

Ended mandates

Evidensia Belgium

Director · since 23 décembre 2019 · 0701.671.472

Represented by Michiel VAN SILFHOUT

Ended

LHOMME VETERINARY

Director · since 31 janvier 2017 · until 23 décembre 2019 · 0670.567.532

Represented by Lhomme Michelle

Ended

Sonia Vande Paer

Administrator - manager · since 08 décembre 2016 · until 17 mai 2018

Ended

Ine Meuwis

Director · since 23 septembre 2011 · until 23 décembre 2019

Ended

At this address

Other companies at this address

Company	CBE no.
Evidensia Belgium● Active	0701.671.472
Healthy Paws Services● Active	0745.439.555
NEWVETCO● Active	0735.603.854
OPCO Vlaanderen● Active	0728.583.628
Ryhove Services● Active	0761.844.334
VETERNITY Belgium● Active	0768.798.343

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2018
Type of account	Full model	Full model	Full model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/01/2019	01/01/2018
Closing of the financial year	30/09/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020	31/12/2018
Length of the financial year	12 months	12 months	12 months	12 months	21 months	12 months
Filing date	16/03/2026	15/04/2025	03/11/2023	23/09/2022	10/06/2021	19/08/2019
General meeting	13/02/2026	11/02/2025	31/10/2023	16/09/2022	31/05/2021	31/05/2019
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

12 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	30/09/2024	13/02/2026	16/03/2026	Dutch	PDF
Full model	30/09/2023	11/02/2025	15/04/2025	Dutch	PDF
Full model	30/09/2022	31/10/2023	03/11/2023	Dutch	PDF
Abridged model	30/09/2021	16/09/2022	23/09/2022	Dutch	PDF
Abridged model	30/09/2020	31/05/2021	10/06/2021	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	19/08/2019	Dutch	PDF
Abridged model	31/12/2017	26/07/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	31/08/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	16/06/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	17/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	21/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	29/08/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 30/09/2024 · 1 active · 14 ended

Active mandates

Evidensia Belgium

Director · since 23 décembre 2019 · 0701.671.472

Represented by Emilienne Huynen

Active

Ended mandates

Evidensia Belgium

Director · since 23 décembre 2019 · 0701.671.472

Represented by Michiel VAN SILFHOUT

Ended

LHOMME VETERINARY

Director · since 31 janvier 2017 · until 23 décembre 2019 · 0670.567.532

Represented by Lhomme Michelle

Ended

Sonia Vande Paer

Administrator - manager · since 08 décembre 2016 · until 17 mai 2018

Ended

Ine Meuwis

Director · since 23 septembre 2011 · until 23 décembre 2019

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates13/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/12/2024
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring05/06/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other20/03/2024
DIVERSEN
PDF
Mandates23/02/2024
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring08/06/2023
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring23/03/2023
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Restructuring27/10/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, 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

05/11/2024
nominationEmilienne Huynen — vaste vertegenwoordiger
05/11/2024
reconductionDeloitte Bedrijfsrevisoren bv — commissaris
05/11/2024
nominationCharlotte Vanrobaeys — vertegenwoordiger
2024
Annual accounts 2024-10,4 M €↓
01/10/2023
demissionDeloitte Bedrijfsrevisoren BV — commissaris
01/10/2023
nominationRSM Interaudit BV — commissaris
01/10/2023
nominationJoop Kilian van As — vaste vertegenwoordiger van de enige bestuurder
2023
Annual accounts 2023-8,5 M €↓
2021
Annual accounts 2021127,5 k €↓
2018
Annual accounts 2018239,5 k €↑
2017
Annual accounts 201717,6 k €↓
2016
Annual accounts 2016227,4 k €↑
2015
Annual accounts 2015145,7 k €↑
2014
Annual accounts 2014117,4 k €↑
2013
Annual accounts 201333,3 k €↓
2012
Annual accounts 201264 k €
23/09/2011
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

IVCE Services

Overview

What does IVCE Services do?

Trend over 10 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