ACTIVE

IGO

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Financial year 2025 · closed on 31/12/2025

Net result

109,7 k €

+94.5% YoY

Revenue

6,9 M €

-1.0% YoY

Equity

2,1 M €

+5.4% YoY

Workforce

92,1 ETP

-0.4% YoY

What does IGO do?

IGO is a Services provider organization, Flemish Region incorporated in 2004. Its main activity is: Regulation of the activities of providing health care, education, cultural services and other social services, excluding social security. Its registered office is in Holsbeek. It employs on average 92,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0862.962.775

Incorporation

10/03/2004

Legal form

Services provider organization, Flemish Region

Registered office

De Vunt 17
3220 Holsbeek · FlandreSee on map

Contributed capital

25 400,00 €

Latest accounts

31/12/2025

Average workforce

92,1 ETP

Activities (NACE)

84120Regulation of the activities of providing health care, education, cultural services and other social services, excluding social security· main 84120Regulation of the activities of providing health care, education, cultural services and other social services, excluding social security 85323Technical and vocational secondary education 88999Other social work activities without accommodation n.e.c.88999Other social work activities without accommodation n.e.c.75140Veterinary activities+4

Joint committees (1)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	6,9 M €	-1.0%	7 M €	+9.5%	6,4 M €	+4.9%	6,1 M €	+6.3%	5,7 M €	+7.2%	5,4 M €	+18.3%	4,5 M €	+9.2%	4,2 M €	+4.5%	4 M €	+1.9%	3,9 M €	+9.6%	3,6 M €	-11.9%	4 M €	+0.4%	4 M €	+2.0%	3,9 M €	+12.6%	3,5 M €	+21.0%	2,9 M €	-8.9%	3,2 M €	+12.6%	2,8 M €	-3.6%	2,9 M €
EBITDA	549,6 k €	+11.3%	494 k €	-8.8%	541,5 k €	+36.3%	397,4 k €	-18.2%	485,8 k €	-6.0%	516,8 k €	+6.6%	484,7 k €	+40.4%	345,3 k €	+476%	-91,7 k €	-252%	60,3 k €	-15.5%	71,3 k €	-79.6%	349,8 k €	+1042%	-37,1 k €	-119%	198,1 k €	+24.9%	158,6 k €	+330%	-68,8 k €	-191%	75,6 k €	+124%	-315,8 k €	-205%	-103,5 k €
Operating result	192,8 k €	+67.1%	115,4 k €	-26.5%	157,1 k €	+57.0%	100,1 k €	-47.3%	189,8 k €	-23.6%	248,5 k €	-17.0%	299,6 k €	+168%	111,7 k €	+137%	-302,9 k €	-119%	-138,5 k €	-2.6%	-135 k €	-192%	147,2 k €	+166%	-223,1 k €	-583%	46,2 k €	+261%	12,8 k €	+107%	-190,1 k €	-335%	-43,7 k €	+90.2%	-445,1 k €	-92.9%	-230,8 k €
Net result	109,7 k €	+94.5%	56,4 k €	-22.6%	72,8 k €	+52.7%	47,7 k €	-61.5%	123,9 k €	-18.6%	152,1 k €	-32.9%	226,7 k €	+278%	59,9 k €	+117%	-359,9 k €	-24.0%	-290,3 k €	-375%	-61,1 k €	-113%	480,8 k €	+549%	74,1 k €	-55.6%	166,7 k €	+123%	74,7 k €	+158%	-128,5 k €	-2945%	4,5 k €	+108%	-57,2 k €	-26.5%	-45,2 k €
Balance sheet
Equity	2,1 M €	+5.4%	2 M €	+2.8%	2 M €	+3.8%	1,9 M €	+2.6%	1,9 M €	+7.1%	1,7 M €	+32.5%	1,3 M €	+20.9%	1,1 M €	+5.8%	1 M €	-26.0%	1,4 M €	-17.3%	1,7 M €	-3.5%	1,7 M €	+37.5%	1,3 M €	+5.6%	1,2 M €	+15.4%	1 M €	+7.0%	967,7 k €	-9.4%	1,1 M €	+0.4%	1,1 M €	-5.1%	1,1 M €
Total assets	8,5 M €	+5.1%	8 M €	+3.2%	7,8 M €	+10.0%	7,1 M €	+23.3%	5,8 M €	+0.8%	5,7 M €	+21.9%	4,7 M €	+14.4%	4,1 M €	+0.8%	4,1 M €	-5.4%	4,3 M €	-3.8%	4,5 M €	-8.2%	4,9 M €	+20.4%	4 M €	+22.3%	3,3 M €	+7.0%	3,1 M €	+3.2%	3 M €	+0.8%	3 M €	+23.3%	2,4 M €	-16.6%	2,9 M €
Cash	3,5 M €	+0.5%	3,5 M €	+95.2%	1,8 M €	-40.5%	3 M €	+30.5%	2,3 M €	+23.8%	1,8 M €	+68.4%	1,1 M €	+26.1%	868,3 k €	-4.5%	909,2 k €	+59.1%	571,5 k €	-30.3%	819,8 k €	-44.6%	1,5 M €	+17.3%	1,3 M €	+66.8%	757,1 k €	-19.7%	943,4 k €	-29.2%	1,3 M €	+21.8%	1,1 M €	+80.1%	607,4 k €	+12.6%	539,3 k €
Debts	4,9 M €	-7.0%	5,3 M €	+7.4%	4,9 M €	+13.5%	4,3 M €	+16.8%	3,7 M €	-5.0%	3,9 M €	+24.4%	3,1 M €	+10.4%	2,8 M €	-3.4%	2,9 M €	+3.9%	2,8 M €	+4.5%	2,7 M €	-8.5%	3 M €	+7.8%	2,7 M €	+35.4%	2 M €	+1.5%	2 M €	+1.7%	2 M €	+4.6%	1,9 M €	+41.0%	1,3 M €	-7.5%	1,4 M €
Other
Workforce	92,1 ETP	-0.4%	92,5 ETP	-26.4%	125,7 ETP	-19.7%	156,5 ETP	-0.4%	157,2 ETP	-0.5%	158,0 ETP	+3.9%	152,1 ETP	+4.3%	145,8 ETP	-1.8%	148,5 ETP	-1.9%	151,3 ETP	-3.8%	157,3 ETP	-3.9%	163,7 ETP	+5.2%	155,6 ETP	-2.1%	158,9 ETP	+2.8%	154,6 ETP	+6.5%	145,2 ETP	-2.6%	149,1 ETP	-4.8%	156,6 ETP	-6.1%	166,7 ETP

Governance

Board of directors

Seen on filing of 31/12/2025 · 15 active · 347 ended

Active mandates

An Wauters

Director · since 21 mars 2025

Active

Annik Olbrechts

Director · since 21 mars 2025

Active

Danny De Kock

Director · since 21 mars 2025

Active

David Geladé

Chairman of the board of directors · since 21 mars 2025

Active

Elke Wollants

Director · since 21 mars 2025

Active

Frank Stevens

Vice-chairman of the board of directors · since 21 mars 2025

Active

Gilberte Muls

Director · since 21 mars 2025

Active

Kris Swinnen

Director · since 21 mars 2025

Active

Maggy Steeno

Director · since 21 mars 2025

Active

Melina Vranckx

Director · since 21 mars 2025

Active

Pieter Taccoen

Director · since 21 mars 2025

Active

Raf Lambeets

Director · since 21 mars 2025

Active

Annick Geyskens

Director · since 29 mars 2019

Active

GUY VANBELLE

Director · since 29 mars 2019

Active

Hans Vandenberg

Vice-chairman of the board of directors · since 29 mars 2019

Active

Ended mandates

Dirk Claes

Director · since 29 mars 2025

Ended

Bert Ceulemans

Director · since 21 mars 2025

Ended

Bruno Claes

Director · since 21 mars 2025

Ended

Danielle Gheyskens

Director · since 21 mars 2025

Ended

At this address

Other companies at this address

Company	CBE no.
IGO GROEP● Active	1017.135.367
INTERGEMEENTELIJK OPBOUWWERK ARRONDISSEMENT LEUVEN-WERK● Active	0465.458.953

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	07/07/2026	10/07/2025	09/07/2024	17/07/2023	27/06/2022	13/07/2021
General meeting	26/06/2026	27/06/2025	21/06/2024	23/06/2023	24/06/2022	25/06/2021
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

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	07/07/2026	Dutch	PDF
Full model	31/12/2024	27/06/2025	10/07/2025	Dutch	PDF
Full model	31/12/2023	21/06/2024	09/07/2024	Dutch	PDF
Full model	31/12/2022	23/06/2023	17/07/2023	Dutch	PDF
Full model	31/12/2021	24/06/2022	27/06/2022	Dutch	PDF
Full model	31/12/2020	25/06/2021	13/07/2021	Dutch	PDF
Full modelCorrection	31/12/2019	26/06/2020	08/09/2020	Dutch	PDF
Full model	31/12/2019	26/06/2020	17/08/2020	Dutch	PDF
Full model	31/12/2018	28/06/2019	16/07/2019	Dutch	PDF
Full model	31/12/2017	22/06/2018	03/07/2018	Dutch	PDF
Full model	31/12/2016	16/06/2017	23/06/2017	Dutch	PDF
Full model	31/12/2015	17/06/2016	06/07/2016	Dutch	PDF
Full model	31/12/2014	19/06/2015	23/06/2015	Dutch	PDF
Full model	31/12/2013	20/06/2014	26/06/2014	Dutch	PDF
Full model	31/12/2012	21/06/2013	04/07/2013	Dutch	PDF
Full model	31/12/2011	21/06/2012	25/06/2012	Dutch	PDF
Full model	31/12/2010	16/06/2011	21/06/2011	Dutch	PDF
Full model	31/12/2009	17/06/2010	28/06/2010	Dutch	PDF
Full model	31/12/2008	18/06/2009	25/06/2009	Dutch	PDF
Full model	31/12/2007	19/06/2008	25/07/2008	Dutch	PDF
Full model	31/12/2006	21/06/2007	23/07/2007	Dutch	PDF
Full modelCorrection	31/12/2005	15/06/2006	22/06/2007	Dutch	PDF

Estimate

Indicative valuation

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 · 15 active · 347 ended

Active mandates

An Wauters

Director · since 21 mars 2025

Active

Annik Olbrechts

Director · since 21 mars 2025

Active

Danny De Kock

Director · since 21 mars 2025

Active

David Geladé

Chairman of the board of directors · since 21 mars 2025

Active

Elke Wollants

Director · since 21 mars 2025

Active

Frank Stevens

Vice-chairman of the board of directors · since 21 mars 2025

Active

Gilberte Muls

Director · since 21 mars 2025

Active

Kris Swinnen

Director · since 21 mars 2025

Active

Maggy Steeno

Director · since 21 mars 2025

Active

Melina Vranckx

Director · since 21 mars 2025

Active

Pieter Taccoen

Director · since 21 mars 2025

Active

Raf Lambeets

Director · since 21 mars 2025

Active

Annick Geyskens

Director · since 29 mars 2019

Active

GUY VANBELLE

Director · since 29 mars 2019

Active

Hans Vandenberg

Vice-chairman of the board of directors · since 29 mars 2019

Active

Ended mandates

Dirk Claes

Director · since 29 mars 2025

Ended

Bert Ceulemans

Director · since 21 mars 2025

Ended

Bruno Claes

Director · since 21 mars 2025

Ended

Danielle Gheyskens

Director · since 21 mars 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/06/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/04/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/11/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Other05/01/2022
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

2025
Annual accounts 2025109,7 k €↑
2024
Annual accounts 202456,4 k €↓
2023
Annual accounts 202372,8 k €↑
2022
Annual accounts 202247,7 k €↓
2021
Annual accounts 2021123,9 k €↓
2020
Annual accounts 2020152,1 k €↓
2018
Annual accounts 2018226,7 k €↑
2017
Annual accounts 201759,9 k €↑
2016
Annual accounts 2016-359,9 k €↓
2015
Annual accounts 2015-290,3 k €↓
2014
Annual accounts 2014-61,1 k €↓
2013
Annual accounts 2013480,8 k €↑
2012
Annual accounts 201274,1 k €↓
2011
Annual accounts 2011166,7 k €↑
2010
Annual accounts 201074,7 k €↑
2010
Name changeIGO
2009
Annual accounts 2009-128,5 k €↓
2008
Annual accounts 20084,5 k €↑
2007
Annual accounts 2007-57,2 k €↓
2006
Annual accounts 2006-45,2 k €
2006
Name changeIntergemeentelijk Opbouwwerk arrondissement Leuven
10/03/2004
IncorporationServices provider organization, Flemish Region

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

IGO

Overview

What does IGO do?

Trend over 19 financial years

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