ACTIVE

international contemporary photography and art gallery

Financial year 2025 · Closed on 31/12/2025

Net result42 k €-31,4 %over 1 year

Gross margin84,6 k €-10,3 %over 1 year

Equity208,9 k €+24,5 %over 1 year

Identity

Source · BCE/KBO

international contemporary photography and art gallery is a Private limited company incorporated in 2003. Its main activity is: Other retail sale of new goods in specialised stores. Its registered office is in Wijnegem.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0860.672.189
Incorporation: 24/09/2003
Legal form: Private limited company
Registered office: Stokerijstraat 17 box 24
2110 Wijnegem · FlandreSee on map
Contributed capital: 12 400,00 €
Latest accounts: 31/12/2025

Activities (NACE)

47789Other retail sale of new goods in specialised stores· main 47789Other retail sale of new goods in specialised stores 52498Warehousing and support activities for transportation 74872Other professional, scientific and technical activities 74879Other professional, scientific and technical activities 82300Organisation of conventions and trade shows+3

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	84,6 k €	-10.3%	94,3 k €	+0.1%	94,2 k €	+23.7%	76,1 k €	-6.3%	81,2 k €
EBITDA	83,5 k €	-10.3%	93,1 k €	+6.0%	87,8 k €	+58.3%	55,5 k €	-1.0%	56 k €
Operating result	62,6 k €	-28.4%	87,4 k €	+11.9%	78,2 k €	+68.9%	46,3 k €	+4.5%	44,3 k €
Net result	42 k €	-31.4%	61,2 k €	+18.6%	51,7 k €	+29.7%	39,8 k €	-4.8%	41,8 k €
Balance sheet
Equity	208,9 k €	+24.5%	167,8 k €	+56.2%	107,4 k €	+89.8%	56,6 k €	+222%	17,6 k €
Total assets	556,2 k €	+44.5%	384,9 k €	-3.3%	398 k €	+8.5%	366,6 k €	+8.6%	337,6 k €
Cash	7,4 k €	-50.7%	14,9 k €	-9.3%	16,4 k €	+129%	7,2 k €	-38.5%	11,7 k €
Debts	347,3 k €	+59.9%	217,1 k €	-25.3%	290,5 k €	-0.9%	293 k €	-8.4%	320,1 k €
Other
Workforce	–		–		–		–		–

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Michael Gardner	Directorsince 16/09/2021
Boris Vervoordt	DirectorManagerended

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Stokerijstraat 17 2110 Wijnegem

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro 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	10/07/2026	11/07/2025	12/07/2024	28/07/2023	12/07/2022	29/07/2021
General meeting	30/06/2026	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	10/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	11/07/2025	Dutch	PDF
Micro model	31/12/2023	30/06/2024	12/07/2024	Dutch	PDF
Micro model	31/12/2022	30/06/2023	28/07/2023	Dutch	PDF
Micro model	31/12/2021	30/06/2022	12/07/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	29/07/2021	Dutch	PDF
Micro model	31/12/2019	21/04/2020	14/08/2020	Dutch	PDF
Micro model	31/12/2018	16/04/2019	21/06/2019	Dutch	PDF
Micro model	31/12/2017	17/04/2018	25/05/2018	Dutch	PDF
Micro model	31/12/2016	18/04/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	19/04/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	21/04/2015	16/06/2015	Dutch	PDF
Abridged model	31/12/2013	15/04/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	16/04/2013	27/08/2013	Dutch	PDF
Abridged model	31/12/2011	17/04/2012	27/08/2012	Dutch	PDF
Abridged model	31/12/2010	19/04/2011	19/08/2011	Dutch	PDF
Abridged model	31/12/2009	20/04/2010	28/09/2010	Dutch	PDF
Abridged model	31/12/2008	16/04/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	15/04/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	17/04/2007	31/08/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Michael Gardner	Directorsince 16/09/2021
Boris Vervoordt	DirectorManagerended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other10/11/2023
WIJZIGING RECHTSVORM, STATUTEN (VERTALING,
PDF
Registered office27/03/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates13/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other01/10/2003
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

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A company's peers, by sector and size, are included in the Business plan.

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Michael Gardner

200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

ICPA GALLERYinternational contemporary photography and art gallery

Stokerijstraat 17 bte 24, 2110 Wijnegem

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Stokerijstraat 17 bte 24, 2110 WijnegemCurrent	accounts 2022 → 2025	Accounts 2025 · 2026-00301097
Pelgrimstraat 6, 2000 Antwerp	accounts 2021	Accounts 2021 · 2022-20182202

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
international contemporary photography and art galleryCurrent		CBE
ICPA GALLERY	accounts 2021 → 2025	Accounts 2025 · 2026-00301097
international contemporary photography and art gallery	accounts 2006 → 2020	Accounts 2020 · 2021-43000587

Events

2025
Annual accounts 202542 k €↓
2024
Annual accounts 202461,2 k €↑
2023
Annual accounts 202351,7 k €↑
2022
Annual accounts 202239,8 k €↓
2021
Annual accounts 202141,8 k €↑
2021
Name changeICPA GALLERY
2020
Annual accounts 2020-47,2 k €↓
2019
Annual accounts 2019-626,9 €↓
2018
Annual accounts 201861,6 k €↑
2017
Annual accounts 2017-89,7 k €↓
2016
Annual accounts 2016-24,4 k €↓
2015
Annual accounts 2015-12,5 k €↓
2014
Annual accounts 20145,7 k €↑
2013
Annual accounts 2013-17,2 k €↓
2012
Annual accounts 2012133,4 k €↑
2011
Annual accounts 2011-17,1 k €↓
2010
Annual accounts 201024,2 k €↑
2009
Annual accounts 2009-89,4 k €↓
2008
Annual accounts 200812,4 k €↑
2007
Annual accounts 200710,9 k €↓
2006
Annual accounts 200618,8 k €
24/09/2003
IncorporationPrivate limited company

international contemporary photography and art gallery

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events