ACTIVE

Insaver

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Financial year 2025 · closed on 31/12/2025
Net result
3 M €
-18.0% YoY
Revenue
42,6 M €
-4.0% YoY
Equity
10 M €
+13.4% YoY
Workforce
35,9 ETP
+3.2% YoY

What does Insaver do?

Insaver is a Public limited company incorporated in 2012. Its registered office is in Houthalen-Helchteren. It employs on average 35,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0848.444.746
Incorporation
27/08/2012
Legal form
Public limited company
Registered office
Centrum-Zuid 1199
3530 Houthalen-Helchteren · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2025
Average workforce
35,9 ETP
Joint committees (2)
  • 124
  • 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20252024202320222021201820172016201520142013
Income statement
Revenue42,6 M €44,4 M €–––––––––
EBITDA4,1 M €5,3 M €6,5 M €4 M €2,9 M €25,8 k €230,6 k €188,5 k €77,4 k €56,3 k €41,5 k €
Operating result4 M €4,8 M €6,5 M €4 M €2,8 M €-32,7 k €197,2 k €150,8 k €54,3 k €41 k €29 k €
Net result3 M €3,6 M €4,9 M €3 M €2,1 M €-48,4 k €116,9 k €82,1 k €24,9 k €25 k €21 k €
Balance sheet
Equity10 M €8,8 M €7 M €4,5 M €3 M €240,1 k €288,5 k €171,6 k €89,5 k €64,6 k €27,2 k €
Total assets22,7 M €21,1 M €19,8 M €14,9 M €6,4 M €2,2 M €1,7 M €1,5 M €705 k €274,9 k €202,6 k €
Cash3 M €3,6 M €7 M €5,2 M €2,3 M €379,9 k €58,5 k €100,1 k €86,2 k €116 k €46,1 k €
Debts10,4 M €8,3 M €9,3 M €6,5 M €3 M €1,9 M €1,3 M €1,3 M €585,9 k €198,7 k €163,8 k €
Other
Workforce35,9 ETP34,8 ETP32,8 ETP25,7 ETP23,8 ETP24,5 ETP22,9 ETP13,7 ETP7,6 ETP4,0 ETP5,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 41 ended

Active mandates

Mireka

Managing director · since 12 novembre 2024 · until 30 juin 2029 · 1016.137.554

Represented by Stijn Cuppens

Active
Geert Maes

Director · since 28 octobre 2024 · until 30 juin 2029

Active
Go4Growth

Managing director · since 28 octobre 2024 · until 05 février 2026 · 0803.253.337

Represented by Dirk Triangle

Active
Henricus Buenen

Director · since 28 octobre 2024 · until 30 juin 2029

Active
Christian Corijn

Director · since 25 mai 2023 · until 30 juin 2029

Active
Filip De Bruyne

Director · since 25 mai 2023 · until 30 juin 2029

Active
René Schepens

Chairman of the board of directors · since 25 mai 2023 · until 30 juin 2029

Active
Stefan Pieters

Director · since 25 mai 2023 · until 30 juin 2029

Active

Ended mandates

Go4Growth

Managing director · since 28 octobre 2024 · until 30 juin 2029 · 0803.253.337

Represented by Dirk Triangle

Ended
Jean-Philippe Janssens

Director · since 25 mai 2023 · until 30 juin 2029

Ended
JPO Consult

Managing director · since 25 mai 2023 · until 31 août 2024 · 0546.947.960

Represented by Jan Pollaris

Ended
JPO Consult

Managing director · since 25 mai 2023 · until 30 juin 2029 · 0546.947.960

Represented by Jan Pollaris

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull 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 date24/06/202626/06/202525/06/202423/06/202308/06/202214/06/2021
General meeting29/05/202627/05/202530/05/202426/05/202304/03/202225/05/2021
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

13 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202529/05/202624/06/2026DutchPDF
Full model31/12/202427/05/202526/06/2025DutchPDF
Abridged model31/12/202330/05/202425/06/2024DutchPDF
Abridged model31/12/202226/05/202323/06/2023DutchPDF
Abridged model31/12/202104/03/202208/06/2022DutchPDF
Abridged model31/12/202025/05/202114/06/2021DutchPDF
Abridged model31/12/201925/06/202017/07/2020DutchPDF
Abridged model31/12/201816/05/201912/06/2019DutchPDF
Abridged model30/09/201730/03/201830/04/2018DutchPDF
Abridged model30/09/201618/01/201715/02/2017DutchPDF
Abridged model30/09/201504/03/201624/03/2016DutchPDF
Abridged model30/09/201406/03/201525/03/2015DutchPDF
Abridged model30/09/201321/03/201417/04/2014DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 8 active · 41 ended

Active mandates

Mireka

Managing director · since 12 novembre 2024 · until 30 juin 2029 · 1016.137.554

Represented by Stijn Cuppens

Active
Geert Maes

Director · since 28 octobre 2024 · until 30 juin 2029

Active
Go4Growth

Managing director · since 28 octobre 2024 · until 05 février 2026 · 0803.253.337

Represented by Dirk Triangle

Active
Henricus Buenen

Director · since 28 octobre 2024 · until 30 juin 2029

Active
Christian Corijn

Director · since 25 mai 2023 · until 30 juin 2029

Active
Filip De Bruyne

Director · since 25 mai 2023 · until 30 juin 2029

Active
René Schepens

Chairman of the board of directors · since 25 mai 2023 · until 30 juin 2029

Active
Stefan Pieters

Director · since 25 mai 2023 · until 30 juin 2029

Active

Ended mandates

Go4Growth

Managing director · since 28 octobre 2024 · until 30 juin 2029 · 0803.253.337

Represented by Dirk Triangle

Ended
Jean-Philippe Janssens

Director · since 25 mai 2023 · until 30 juin 2029

Ended
JPO Consult

Managing director · since 25 mai 2023 · until 31 août 2024 · 0546.947.960

Represented by Jan Pollaris

Ended
JPO Consult

Managing director · since 25 mai 2023 · until 30 juin 2029 · 0546.947.960

Represented by Jan Pollaris

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates06/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates04/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/09/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/05/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/03/2019
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other02/02/2018
    ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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 20253 M €↓
  2. 2024
    Annual accounts 20243,6 M €↓
  3. 2023
    Annual accounts 20234,9 M €↑
  4. 2022
    Annual accounts 20223 M €↑
  5. 2021
    Annual accounts 20212,1 M €↑
  6. 2018
    Annual accounts 2018-48,4 k €↓
  7. 2017
    Annual accounts 2017116,9 k €↑
  8. 2016
    Annual accounts 201682,1 k €↑
  9. 2015
    Annual accounts 201524,9 k €↓
  10. 2014
    Annual accounts 201425 k €↑
  11. 2013
    Annual accounts 201321 k €
  12. 27/08/2012
    IncorporationPublic limited company