IMPROVE IT
0859.643.593 · rovalta.com · 22/09/2026
ACTIVE
IMPROVE IT
Financial year 2025 · closed on 31/12/2025
Net result
284 k €
+131.2% YoY
Gross margin
1,1 M €
+42.6% YoY
Equity
1,1 M €
+36.5% YoY
Workforce
8,4 ETP
-5.6% YoY
Overview
What does IMPROVE IT do?
IMPROVE IT is a Private limited company incorporated in 2003. Its main activity is: Joinery installation. Its registered office is in Herentals. It employs on average 8,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0859.643.593
Incorporation
15/07/2003
Legal form
Private limited company
Registered office
Poederleeseweg(HRT) 192
2200 Herentals · FlandreSee on map
2200 Herentals · FlandreSee on map
Contributed capital
340 000,00 €
Latest accounts
31/12/2025
Average workforce
8,4 ETP
Activities (NACE)
Joint committees (2)
- 124
- 200
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 1,1 M € | +42.6% | 746,4 k € | +3.2% | 723,1 k € | +19.9% | 603,2 k € | -23.8% | 792 k € | +53.2% | 516,9 k € | -43.1% | 908,6 k € | +75.9% | 516,5 k € | +0.6% | 513,7 k € | -7.5% | 555,1 k € | +18.4% | 468,8 k € | -17.2% | 566,3 k € | +18.2% | 479,1 k € | -2.0% | 489 k € | +915% | -60 k € | -114% | 415,3 k € | +19.7% | 346,8 k € | -27.7% | 479,9 k € | +16.3% | 412,6 k € | +39.3% | 296,1 k € |
| EBITDA | 479 k € | +184% | 168,7 k € | -17.1% | 203,5 k € | +28.0% | 159 k € | -46.4% | 296,4 k € | +214% | 94,3 k € | -76.7% | 405,2 k € | +137% | 171 k € | +62.6% | 105,1 k € | -33.2% | 157,3 k € | +59.9% | 98,4 k € | -50.3% | 197,9 k € | +82.5% | 108,5 k € | +2412% | -4,7 k € | +99.1% | -503,9 k € | -95.7% | -257,5 k € | -70.0% | -151,4 k € | -237% | 110,2 k € | +32.3% | 83,3 k € | +4.2% | 79,9 k € |
| Operating result | 399,2 k € | +244% | 115,9 k € | -23.3% | 151,1 k € | +43.3% | 105,4 k € | -57.6% | 248,5 k € | +563% | 37,5 k € | -88.0% | 313,3 k € | +417% | 60,6 k € | +567% | -13 k € | -125% | 52,3 k € | -5.1% | 55,1 k € | -61.5% | 143 k € | +60.7% | 89 k € | +336% | -37,7 k € | +93.2% | -553,4 k € | -76.9% | -312,8 k € | -40.0% | -223,4 k € | -672% | 39 k € | +77.4% | 22 k € | -44.4% | 39,6 k € |
| Net result | 284 k € | +131% | 122,8 k € | -2.0% | 125,3 k € | +42.5% | 88 k € | -54.8% | 194,5 k € | +454% | 35,1 k € | -88.7% | 311,7 k € | +447% | 56,9 k € | +940% | 5,5 k € | -92.4% | 72,5 k € | +541% | 11,3 k € | -93.7% | 179,1 k € | +50.7% | 118,9 k € | -21.0% | 150,5 k € | +128% | -539,7 k € | -55.7% | -346,7 k € | -52.6% | -227,2 k € | -1258% | 19,6 k € | +144% | 8 k € | -83.2% | 47,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 1,1 M € | +36.5% | 778,5 k € | +18.7% | 655,7 k € | +23.6% | 530,4 k € | +19.9% | 442,4 k € | +78.5% | 247,8 k € | +16.5% | 212,8 k € | +315% | -98,9 k € | +36.5% | -155,9 k € | +3.4% | -161,4 k € | +31.0% | -233,9 k € | +12.1% | -266,2 k € | +40.2% | -445,4 k € | +21.1% | -564,2 k € | +21.1% | -714,8 k € | -308% | -175,1 k € | -36.3% | -128,4 k € | -230% | 98,8 k € | +24.8% | 79,2 k € | +11.3% | 71,1 k € |
| Total assets | 2,1 M € | +37.6% | 1,5 M € | +0.1% | 1,5 M € | +13.2% | 1,4 M € | -5.3% | 1,4 M € | +28.5% | 1,1 M € | -13.6% | 1,3 M € | -33.5% | 1,9 M € | +10.7% | 1,8 M € | +12.4% | 1,6 M € | -1.3% | 1,6 M € | +82.3% | 871,6 k € | +54.3% | 564,8 k € | +10.1% | 512,8 k € | -56.5% | 1,2 M € | +21.5% | 969,4 k € | -7.0% | 1 M € | +90.4% | 547,3 k € | -28.5% | 765,7 k € | +22.4% | 625,4 k € |
| Cash | 8,7 k € | -87.9% | 71,4 k € | +203% | 23,5 k € | -20.7% | 29,7 k € | -33.7% | 44,8 k € | +95.1% | 23 k € | -14.4% | 26,8 k € | -55.5% | 60,3 k € | +73.5% | 34,7 k € | -32.2% | 51,3 k € | -1.0% | 51,8 k € | -49.5% | 102,5 k € | +27.8% | 80,2 k € | – | 200,5 k € | -2.0% | 204,6 k € | +40.7% | 145,4 k € | +270% | 39,3 k € | -24.2% | 51,8 k € | -12.3% | 59 k € | ||
| Debts | 1,1 M € | +38.8% | 765,9 k € | -13.7% | 887,9 k € | +6.6% | 832,8 k € | -16.5% | 997,3 k € | +14.3% | 872,9 k € | -19.5% | 1,1 M € | -26.1% | 1,5 M € | +3.8% | 1,4 M € | -18.2% | 1,7 M € | -5.1% | 1,8 M € | +111% | 861,2 k € | +17.0% | 736,3 k € | -9.0% | 808,8 k € | -8.8% | 886,9 k € | -22.5% | 1,1 M € | -2.2% | 1,2 M € | +162% | 446,3 k € | -34.6% | 681,9 k € | +23.0% | 554,3 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | 8,4 ETP | -5.6% | 8,9 ETP | +8.5% | 8,2 ETP | -3.5% | 8,5 ETP | +4.9% | 8,1 ETP | +12.5% | 7,2 ETP | -8.9% | 7,9 ETP | +23.4% | 6,4 ETP | -20.0% | 8,0 ETP | +1.3% | 7,9 ETP | +12.9% | 7,0 ETP | -5.4% | 7,4 ETP | +2.8% | 7,2 ETP | -17.2% | 8,7 ETP | +14.5% | 7,6 ETP | -37.7% | 12,2 ETP | +20.8% | 10,1 ETP | +20.2% | 8,4 ETP | +16.7% | 7,2 ETP | +12.5% | 6,4 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 23 ended
Financials
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 | 30/07/2026 | 10/07/2025 | 28/08/2024 | 27/09/2023 | 13/07/2022 | 30/09/2021 |
| General meeting | 30/06/2026 | 19/06/2025 | 19/06/2024 | 19/06/2023 | 19/06/2022 | 19/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/06/2026 | 30/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 19/06/2025 | 10/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 19/06/2024 | 28/08/2024 | Dutch | |
| Abridged model | 31/12/2022 | 19/06/2023 | 27/09/2023 | Dutch | |
| Abridged model | 31/12/2021 | 19/06/2022 | 13/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 19/06/2021 | 30/09/2021 | Dutch | |
| Abridged model | 31/12/2019 | 19/06/2020 | 16/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 05/03/2019 | 12/03/2019 | Dutch | |
| Abridged model | 31/12/2017 | 29/06/2018 | 26/07/2018 | Dutch | |
| Abridged model | 31/12/2016 | 19/06/2017 | 26/06/2017 | Dutch | |
| Abridged model | 31/12/2015 | 19/06/2016 | 23/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 19/06/2015 | 19/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 19/06/2014 | 24/07/2014 | Dutch | |
| Abridged model | 31/12/2012 | 19/06/2013 | 29/07/2013 | Dutch | |
| Abridged model | 31/12/2011 | 02/03/2012 | 17/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 04/03/2011 | 28/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 05/03/2010 | 31/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 19/06/2009 | 23/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 19/06/2008 | 03/07/2008 | Dutch | |
| Abridged model | 31/12/2006 | 19/06/2007 | 23/07/2007 | Dutch |
Valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 23 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates22/12/2023STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
- Mandates19/04/2019ONTSLAGEN - BENOEMINGEN
- Mandates24/04/2018ONTSLAGEN - BENOEMINGEN
- Other27/12/2016DIVERSEN
- Registered office27/12/2016MAATSCHAPPELIJKE ZETEL
- Registered office15/12/2015MAATSCHAPPELIJKE ZETEL
- Mandates07/11/2013ONTSLAGEN - BENOEMINGEN
- Registered office18/05/2011MAATSCHAPPELIJKE ZETEL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025284 k €↑
- 2024Annual accounts 2024122,8 k €↓
- 2023Annual accounts 2023125,3 k €↑
- 2022Annual accounts 202288 k €↓
- 2021Annual accounts 2021194,5 k €↑
- 2020Annual accounts 202035,1 k €↓
- 2019Annual accounts 2019311,7 k €↑
- 2018Annual accounts 201856,9 k €↑
- 2017Annual accounts 20175,5 k €↓
- 2016Annual accounts 201672,5 k €↑
- 2015Annual accounts 201511,3 k €↓
- 2014Annual accounts 2014179,1 k €↑
- 2013Annual accounts 2013118,9 k €↓
- 2012Annual accounts 2012150,5 k €↑
- 2011Annual accounts 2011-539,7 k €↓
- 2010Annual accounts 2010-346,7 k €↓
- 2009Annual accounts 2009-227,2 k €↓
- 2008Annual accounts 200819,6 k €↑
- 2007Annual accounts 20078 k €↓
- 2006Annual accounts 200647,9 k €
- 15/07/2003IncorporationPrivate limited company