ACTIVE

Ilumen

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Financial year 2025 · closed on 31/12/2025

Net result

592,2 k €

+54.6% YoY

Gross margin

807,1 k €

+51.4% YoY

Equity

2,4 M €

+5.1% YoY

What does Ilumen do?

Ilumen is a Private limited company incorporated in 2012. Its main activity is: Computer programming activities. Its registered office is in Tessenderlo-Ham.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0846.015.786

Incorporation

15/05/2012

Legal form

Private limited company

Registered office

Ambachtsstraat 19
3980 Tessenderlo-Ham · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

62010Computer programming activities· main 62100Computer programming, consultancy and related activities 43211Electrical installation 43211Electrical installation

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013
Income statement
Gross margin	807,1 k €	+51.4%	533,2 k €	+11.6%	477,7 k €	+14.2%	418,4 k €	-55.5%	940,4 k €	-33.8%	1,4 M €	+76.6%	804,2 k €	+55.3%	517,8 k €	-8.9%	568,7 k €	-28.2%	792 k €	-30.4%	1,1 M €	+21.1%	939,9 k €	+45.4%	646,2 k €
EBITDA	805,8 k €	+51.5%	532,1 k €	+11.7%	476,5 k €	+14.1%	417,5 k €	-55.6%	939,4 k €	-33.8%	1,4 M €	+76.7%	803 k €	+55.4%	516,8 k €	-9.0%	567,7 k €	-28.2%	790,9 k €	-30.5%	1,1 M €	+20.3%	945,7 k €	+61.2%	586,8 k €
Operating result	805,8 k €	+51.5%	532,1 k €	+11.7%	476,5 k €	+14.4%	416,7 k €	-55.6%	938,6 k €	-33.8%	1,4 M €	+77.7%	797,6 k €	+57.0%	508 k €	-9.3%	560,3 k €	-28.8%	786,8 k €	-30.8%	1,1 M €	+20.2%	945,5 k €	+61.2%	586,4 k €
Net result	592,2 k €	+54.6%	383 k €	+7.1%	357,5 k €	+12.9%	316,5 k €	-55.6%	712,5 k €	-33.2%	1,1 M €	+88.5%	566 k €	+60.7%	352,1 k €	+5.5%	333,7 k €	-36.0%	521,6 k €	-23.4%	680,6 k €	-0.1%	681,6 k €	+47.2%	463,1 k €
Balance sheet
Equity	2,4 M €	+5.1%	2,3 M €	+3.4%	2,2 M €	-9.9%	2,5 M €	+14.6%	2,2 M €	+2.0%	2,1 M €	+21.0%	1,8 M €	+21.2%	1,4 M €	-1.7%	1,5 M €	-37.8%	2,4 M €	+28.3%	1,8 M €	+58.5%	1,2 M €	+142%	481,7 k €
Total assets	4 M €	+31.7%	3 M €	-3.8%	3,1 M €	-43.5%	5,5 M €	+129%	2,4 M €	-18.9%	3 M €	+39.3%	2,1 M €	-39.8%	3,5 M €	+27.1%	2,8 M €	+6.9%	2,6 M €	+29.8%	2 M €	+44.8%	1,4 M €	+168%	518,2 k €
Cash	238,2 k €	-80.8%	1,2 M €	+38.3%	898,3 k €	+10.0%	816,6 k €	-31.1%	1,2 M €	-59.9%	3 M €	+64.0%	1,8 M €	-45.5%	3,3 M €	+28.6%	2,6 M €	+13.8%	2,3 M €	+35.5%	1,7 M €	+76.4%	945,8 k €	+252%	268,4 k €
Debts	1,5 M €	+120%	693,4 k €	-21.8%	887,1 k €	-70.9%	3 M €	+1125%	248,6 k €	-70.9%	855,4 k €	+123%	383,8 k €	-81.8%	2,1 M €	+59.2%	1,3 M €	+433%	247,9 k €	+45.8%	170 k €	-25.4%	227,8 k €	+524%	36,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		1,0 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 31/12/2025 · 1 active · 2 ended

Active mandates

Ismaël Ben-Al-Lal

Director

Active

Ended mandates

Ismaël Ben-Al-Lal

Manager

Ended

Pieter Vangeel

Manager

Ended

At this address

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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	03/07/2026	24/07/2025	29/08/2024	25/08/2023	20/08/2022	11/03/2021
General meeting	05/06/2026	06/06/2025	07/06/2024	02/06/2023	03/06/2022	05/03/2021
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	03/07/2026	Dutch	PDF
Abridged model	31/12/2024	06/06/2025	24/07/2025	Dutch	PDF
Abridged model	31/12/2023	07/06/2024	29/08/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	25/08/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	20/08/2022	Dutch	PDF
Abridged model	31/12/2020	05/03/2021	11/03/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	28/08/2020	Dutch	PDF
Abridged modelCorrection	31/12/2018	07/06/2019	01/10/2019	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	30/08/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	31/08/2017	Dutch	PDF
Abridged model	31/12/2015	03/03/2016	26/08/2016	Dutch	PDF
Abridged model	31/12/2014	03/03/2015	31/03/2015	Dutch	PDF
Abridged model	31/12/2013	03/03/2014	04/03/2014	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 31/12/2025 · 1 active · 2 ended

Active mandates

Ismaël Ben-Al-Lal

Director

Active

Ended mandates

Ismaël Ben-Al-Lal

Manager

Ended

Pieter Vangeel

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/12/2023
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Other29/03/2016
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other30/05/2012
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 2025592,2 k €↑
2024
Annual accounts 2024383 k €↑
2023
Annual accounts 2023357,5 k €↑
2022
Annual accounts 2022316,5 k €↓
2021
Annual accounts 2021712,5 k €↓
2020
Annual accounts 20201,1 M €↑
2019
Annual accounts 2019566 k €↑
2018
Annual accounts 2018352,1 k €↑
2017
Annual accounts 2017333,7 k €↓
2016
Annual accounts 2016521,6 k €↓
2015
Annual accounts 2015680,6 k €↓
2014
Annual accounts 2014681,6 k €↑
2013
Annual accounts 2013463,1 k €
15/05/2012
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

Ilumen

Overview

What does Ilumen do?

Trend over 13 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