ICsense
0863.436.887 · rovalta.com · 22/09/2026
ACTIVE
ICsense
Financial year 2025 · closed on 31/03/2025
Net result
2,8 M €
+61.5% YoY
Revenue
19,8 M €
+16.7% YoY
Equity
10,9 M €
+15.0% YoY
Workforce
99,0 ETP
+16.5% YoY
Overview
What does ICsense do?
ICsense is a Public limited company incorporated in 2004. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Leuven. It employs on average 99,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0863.436.887
Incorporation
16/02/2004
Legal form
Public limited company
Registered office
Gaston Geenslaan 14
3001 Leuven · FlandreSee on map
3001 Leuven · FlandreSee on map
Contributed capital
316 557,00 €
Latest accounts
31/03/2025
Average workforce
99,0 ETP
Activities (NACE)
71121Engineering activities and related technical consultancy· main71121Engineering activities and related technical consultancy74203Photographic activities46643Wholesale of machinery for the textile industry and of sewing and knitting machines46693Wholesale of other machinery and equipment51871Air transport
Joint committees (1)
- 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Revenue | 19,8 M € | +16.7% | 17 M € | +25.2% | 13,6 M € | +12.0% | 12,1 M € | +6.3% | 11,4 M € | +5.2% | 10,8 M € | +2.0% | 10,6 M € | – | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||
| EBITDA | 3,5 M € | +65.4% | 2,1 M € | +9.0% | 2 M € | +6.4% | 1,8 M € | +19.5% | 1,5 M € | -17.3% | 1,9 M € | +9.7% | 1,7 M € | +43.8% | 1,2 M € | +128% | 519,3 k € | -64.4% | 1,5 M € | +69.2% | 861 k € | +35.2% | 636,7 k € | -18.2% | 778,1 k € | +15.3% | 674,9 k € | -12.7% | 773,2 k € | +9.7% | 704,7 k € | +47.8% | 476,9 k € | +79.4% | 265,9 k € | +164% | 100,7 k € |
| Operating result | 3,1 M € | +77.8% | 1,7 M € | +4.6% | 1,6 M € | +4.3% | 1,6 M € | +15.9% | 1,4 M € | -19.4% | 1,7 M € | +11.4% | 1,5 M € | +56.9% | 967,9 k € | +181% | 345 k € | -72.3% | 1,2 M € | +78.6% | 696,7 k € | +38.6% | 502,8 k € | -6.6% | 538,2 k € | -6.2% | 573,6 k € | -12.7% | 656,8 k € | +10.0% | 597,2 k € | +56.7% | 381,2 k € | +121% | 172,8 k € | +400% | 34,6 k € |
| Net result | 2,8 M € | +61.5% | 1,8 M € | +16.5% | 1,5 M € | +0.7% | 1,5 M € | +17.3% | 1,3 M € | -16.1% | 1,5 M € | +47.1% | 1 M € | +19.2% | 867,4 k € | +134% | 370,7 k € | -63.6% | 1 M € | +102% | 505,1 k € | +19.5% | 422,6 k € | -12.9% | 485,2 k € | -1.7% | 493,5 k € | -4.3% | 515,7 k € | +12.7% | 457,5 k € | +35.9% | 336,7 k € | +111% | 159,7 k € | +516% | 25,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 10,9 M € | +15.0% | 9,5 M € | +10.2% | 8,6 M € | +9.6% | 7,9 M € | +10.5% | 7,1 M € | +9.9% | 6,5 M € | +3.9% | 6,2 M € | +19.9% | 5,2 M € | +20.1% | 4,3 M € | +11.8% | 3,9 M € | +35.8% | 2,8 M € | +6.8% | 2,7 M € | +13.8% | 2,3 M € | +19.7% | 2 M € | +25.7% | 1,6 M € | +7.9% | 1,4 M € | +46.4% | 985,7 k € | +51.9% | 649 k € | +32.6% | 489,5 k € |
| Total assets | 15,9 M € | +6.8% | 14,9 M € | +7.3% | 13,9 M € | +14.5% | 12,1 M € | +9.4% | 11,1 M € | +8.4% | 10,2 M € | +21.4% | 8,4 M € | +4.1% | 8,1 M € | +25.4% | 6,4 M € | +17.0% | 5,5 M € | +12.4% | 4,9 M € | +37.5% | 3,6 M € | +11.1% | 3,2 M € | +15.8% | 2,8 M € | +31.0% | 2,1 M € | +18.1% | 1,8 M € | +25.7% | 1,4 M € | +49.2% | 954,5 k € | +2.2% | 934 k € |
| Cash | 912 k € | +140% | 380,5 k € | -75.5% | 1,6 M € | -33.9% | 2,3 M € | +13.3% | 2,1 M € | +58.8% | 1,3 M € | -55.5% | 2,9 M € | +14.4% | 2,6 M € | +28.6% | 2 M € | +155% | 780,2 k € | -63.0% | 2,1 M € | +211% | 679,6 k € | -32.2% | 1 M € | +43.4% | 698,8 k € | +6.1% | 658,5 k € | +19.8% | 549,9 k € | -14.7% | 644,9 k € | +97.7% | 326,2 k € | -22.7% | 421,7 k € |
| Debts | 4,9 M € | -8.3% | 5,4 M € | +2.5% | 5,3 M € | +23.6% | 4,3 M € | +7.4% | 4 M € | +5.8% | 3,7 M € | +71.0% | 2,2 M € | -24.4% | 2,9 M € | +36.4% | 2,1 M € | +29.7% | 1,6 M € | -20.0% | 2 M € | +134% | 873,2 k € | +32.8% | 657,6 k € | -6.6% | 703,8 k € | +74.2% | 404 k € | +17.2% | 344,8 k € | -18.2% | 421,2 k € | +40.7% | 299,3 k € | +3.5% | 289,1 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 99,0 ETP | +16.5% | 85,0 ETP | +2.7% | 82,8 ETP | +4.2% | 79,5 ETP | +8.2% | 73,5 ETP | +4.4% | 70,4 ETP | +7.3% | 65,6 ETP | +5.5% | 62,2 ETP | +9.3% | 56,9 ETP | +25.1% | 45,5 ETP | +10.4% | 41,2 ETP | +4.6% | 39,4 ETP | +15.5% | 34,1 ETP | +23.1% | 27,7 ETP | +15.4% | 24,0 ETP | +21.2% | 19,8 ETP | +32.0% | 15,0 ETP | +63.0% | 9,2 ETP | +31.4% | 7,0 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 10 M€ and 25 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/03/2025 · 7 active · 48 ended
Active mandates
Active
Active
Francois Jean Nicolas Quoirin
ActiveActive
Active
Tsutsui Takao
ActiveActive
Ended mandates
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
Atmire● Active | 0886.066.294 |
FUNDAMENTO● Active | 0886.791.519 |
VIVIRADIO● Active | 0666.901.229 |
YOUR NEXT MOVE● Liquidation | 0818.701.279 |
Financials
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 | 01/04/2024 | 01/04/2023 | 01/04/2022 | 01/04/2021 | 01/04/2020 | 01/04/2019 |
| Closing of the financial year | 31/03/2025 | 31/03/2024 | 31/03/2023 | 31/03/2022 | 31/03/2021 | 31/03/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 30/10/2025 | 30/10/2024 | 30/11/2023 | 06/12/2022 | 29/11/2021 | 10/11/2020 |
| General meeting | 10/09/2025 | 12/09/2024 | 15/09/2023 | 13/09/2022 | 14/09/2021 | 08/09/2020 |
| 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
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/03/2025 | 10/09/2025 | 30/10/2025 | Dutch | |
| Full model | 31/03/2024 | 12/09/2024 | 30/10/2024 | Dutch | |
| Full model | 31/03/2023 | 15/09/2023 | 30/11/2023 | Dutch | |
| Full model | 31/03/2022 | 13/09/2022 | 06/12/2022 | Dutch | |
| Full model | 31/03/2021 | 14/09/2021 | 29/11/2021 | Dutch | |
| Full model | 31/03/2020 | 08/09/2020 | 10/11/2020 | Dutch | |
| Full model | 31/03/2019 | 02/10/2019 | 31/10/2019 | Dutch | |
| Abridged model | 31/03/2018 | 11/09/2018 | 31/10/2018 | Dutch | |
| Abridged model | 31/03/2017 | 12/09/2017 | 27/10/2017 | Dutch | |
| Abridged model | 30/06/2016 | 18/10/2016 | 25/11/2016 | Dutch | |
| Abridged model | 30/06/2015 | 20/10/2015 | 18/11/2015 | Dutch | |
| Abridged model | 30/06/2014 | 21/10/2014 | 27/10/2014 | Dutch | |
| Abridged model | 30/06/2013 | 15/10/2013 | 19/11/2013 | Dutch | |
| Abridged model | 30/06/2012 | 16/10/2012 | 31/10/2012 | Dutch | |
| Abridged model | 30/06/2011 | 18/10/2011 | 08/11/2011 | Dutch | |
| Abridged model | 30/06/2010 | 19/10/2010 | 23/12/2010 | Dutch | |
| Abridged model | 30/06/2009 | 20/10/2009 | 29/10/2009 | Dutch | |
| Abridged model | 30/06/2008 | 21/10/2008 | 30/10/2008 | Dutch | |
| Abridged model | 30/06/2007 | 16/10/2007 | 19/11/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 10 M€ and 25 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 31/03/2025 · 7 active · 48 ended
Active mandates
Active
Active
Francois Jean Nicolas Quoirin
ActiveActive
Active
Tsutsui Takao
ActiveActive
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates17/12/2024ONTSLAGEN - BENOEMINGEN
- Mandates23/11/2023ONTSLAGEN - BENOEMINGEN
- Mandates01/04/2022ONTSLAGEN - BENOEMINGEN
- Mandates28/02/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
- Mandates11/02/2020ONTSLAGEN - BENOEMINGEN
- Mandates20/09/2018ONTSLAGEN - BENOEMINGEN
- Mandates17/08/2017ONTSLAGEN - BENOEMINGEN
- Capital / shares13/04/2017KAPITAAL - AANDELEN
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 20252,8 M €↑
- 2024Annual accounts 20241,8 M €↑
- 2023Annual accounts 20231,5 M €↑
- 2022Annual accounts 20221,5 M €↑
- 2021Annual accounts 20211,3 M €↓
- 2020Annual accounts 20201,5 M €↑
- 2019Annual accounts 20191 M €↑
- 2018Annual accounts 2018867,4 k €↑
- 2017Annual accounts 2017370,7 k €↓
- 2016Annual accounts 20161 M €↑
- 2015Annual accounts 2015505,1 k €↑
- 2014Annual accounts 2014422,6 k €↓
- 2013Annual accounts 2013485,2 k €↓
- 2012Annual accounts 2012493,5 k €↓
- 2011Annual accounts 2011515,7 k €↑
- 2010Annual accounts 2010457,5 k €↑
- 2009Annual accounts 2009336,7 k €↑
- 2008Annual accounts 2008159,7 k €↑
- 2007Annual accounts 200725,9 k €
- 16/02/2004IncorporationPublic limited company