ACTIVE

IPAGRO

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Financial year 2025 · closed on 31/12/2025

Net result

7,0 k €

-17.8% YoY

Gross margin

22,7 k €

-8.2% YoY

Equity

229,0 k €

+3.1% YoY

What does IPAGRO do?

IPAGRO is a Private limited company incorporated in 2011. Its registered office is in Maldegem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0841.536.861

Incorporation

29/11/2011

Legal form

Private limited company

Registered office

Rootweg 8
9991 Maldegem · FlandreSee on map

Contributed capital

200 000,00 €

Latest accounts

31/12/2025

Signals

ProfitablePositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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Recommended credit limit

✦ 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	22,7 k €	-8.2%	24,7 k €	+109%	11,8 k €	-77.8%	53,3 k €	+79.1%	29,8 k €	-26.2%	40,3 k €	-8.9%	44,3 k €	+209%	14,3 k €	+2099%	651,7 €	+109%	-6,9 k €	-110%	72,7 k €	+629%	10,0 k €	-65.5%	28,9 k €	+283%	-15,8 k €
EBITDA	20,1 k €	-9.4%	22,2 k €	+137%	9,3 k €	-81.7%	51,1 k €	+87.3%	27,3 k €	-27.9%	37,9 k €	-10.2%	42,2 k €	+185%	-49,5 k €	-14286%	-343,7 €	+95.7%	-7,9 k €	-111%	71,7 k €	+698%	9,0 k €	-68.4%	28,4 k €	+268%	-16,9 k €
Operating result	20,1 k €	-9.4%	22,2 k €	+137%	9,3 k €	-81.7%	51,1 k €	+87.3%	27,3 k €	-27.9%	37,9 k €	-10.2%	42,2 k €	+185%	-49,5 k €	-7207%	-676,8 €	+91.8%	-8,3 k €	-112%	71,7 k €	+729%	8,7 k €	-69.2%	28,1 k €	+263%	-17,3 k €
Net result	7,0 k €	-17.8%	8,5 k €	+160%	-14,0 k €	-161%	23,0 k €	+2630%	-910,2 €	-109%	9,8 k €	+83.2%	5,4 k €	+106%	-88,9 k €	-98288%	-90,3 €	+98.8%	-7,5 k €	-115%	49,6 k €	+441%	9,2 k €	-62.1%	24,2 k €	+530%	3,8 k €
Balance sheet
Equity	229,0 k €	+3.1%	222,0 k €	+4.0%	213,6 k €	-6.2%	227,6 k €	+11.3%	204,6 k €	-0.4%	205,5 k €	+5.0%	195,7 k €	+2.8%	190,3 k €	-31.8%	279,2 k €	-0.0%	279,3 k €	-2.6%	286,8 k €	+20.9%	237,2 k €	+4.0%	228,0 k €	+11.9%	203,8 k €
Total assets	1,0 M €	-2.5%	1,1 M €	-34.8%	1,6 M €	-0.6%	1,7 M €	+1.4%	1,6 M €	-0.1%	1,6 M €	+0.1%	1,6 M €	-26.8%	2,2 M €	-2.2%	2,3 M €	-0.0%	2,3 M €	-1.4%	2,3 M €	+3.3%	2,2 M €	+0.3%	2,2 M €	+1.2%	2,2 M €
Cash	44,9 k €	-88.6%	392,9 k €	-11.0%	441,5 k €	-47.5%	841,4 k €	+5.4%	798,3 k €	+8.4%	736,3 k €	+54.9%	475,3 k €	-52.2%	995,2 k €	-0.2%	997,2 k €	+63.9%	608,6 k €	-20.8%	768,8 k €	+51.2%	508,4 k €	+49.4%	340,4 k €	+35.4%	251,4 k €
Debts	800,0 k €	0.0%	800,0 k €	-42.9%	1,4 M €	0.0%	1,4 M €	0.0%	1,4 M €	0.0%	1,4 M €	0.0%	1,4 M €	-30.0%	2,0 M €	-0.0%	2,0 M €	-0.0%	2,0 M €	-1.3%	2,0 M €	+1.2%	2,0 M €	-0.1%	2,0 M €	+0.1%	2,0 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 6 ended

Active mandates

AROMCO

Director · 0840.610.908

Represented by Paco CRUL

Active

HEBELIS

Director · 0840.611.007

Represented by Isabelle CRUL

Active

Ended mandates

AROMCO

Director · 0840.610.908

Represented by Paco CRUL

Ended

AROMCO

Manager · 0840.610.908

Represented by Paco Crul

Ended

AROMCO

Manager · 0840.610.908

Represented by Paco CRUL

Ended

HEBELIS

Director · 0840.611.007

Represented by Isabelle CRUL

Ended

At this address

Other companies at this address

Company	CBE no.
AROMCO● Active	0840.610.908
PAMABO● Active	0881.990.415

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Micro model	Micro 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	29/07/2026	23/07/2025	11/07/2024	04/07/2023	25/07/2022	17/06/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	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	29/07/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	23/07/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	11/07/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	04/07/2023	Dutch	PDF
Micro model	31/12/2021	03/06/2022	25/07/2022	Dutch	PDF
Micro model	31/12/2020	04/06/2021	17/06/2021	Dutch	PDF
Micro model	31/12/2019	05/06/2020	15/06/2020	Dutch	PDF
Micro model	31/12/2018	07/06/2019	12/07/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	30/09/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	30/08/2013	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 6 ended

Active mandates

AROMCO

Director · 0840.610.908

Represented by Paco CRUL

Active

HEBELIS

Director · 0840.611.007

Represented by Isabelle CRUL

Active

Ended mandates

AROMCO

Director · 0840.610.908

Represented by Paco CRUL

Ended

AROMCO

Manager · 0840.610.908

Represented by Paco Crul

Ended

AROMCO

Manager · 0840.610.908

Represented by Paco CRUL

Ended

HEBELIS

Director · 0840.611.007

Represented by Isabelle CRUL

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office06/02/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates25/04/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - MAATSCHAPPELIJKE ZETEL - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Other15/12/2011
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 20257,0 k €↓
2024
Annual accounts 20248,5 k €↑
2023
Annual accounts 2023-14,0 k €↓
2022
Annual accounts 202223,0 k €↑
2021
Annual accounts 2021-910,2 €↓
2020
Annual accounts 20209,8 k €↑
2019
Annual accounts 20195,4 k €↑
2018
Annual accounts 2018-88,9 k €↓
2017
Annual accounts 2017-90,3 €↑
2016
Annual accounts 2016-7,5 k €↓
2015
Annual accounts 201549,6 k €↑
2014
Annual accounts 20149,2 k €↓
2013
Annual accounts 201324,2 k €↑
2012
Annual accounts 20123,8 k €
29/11/2011
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

IPAGRO

Overview

What does IPAGRO 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