ACTIVE

IVEMAR

Financial year 2025 · closed on 31/12/2025
Net result
-3,2 M €
-64.0% YoY
Gross margin
477,7 k €
Equity
-4,8 M €
-206.3% YoY
Workforce
33,2 ETP
-5.9% YoY

What does IVEMAR do?

IVEMAR is a Private limited company incorporated in 2004. Its main activity is: Freight transport by road. Its registered office is in Tubize. It employs on average 33,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0867.168.023
Incorporation
09/09/2004
Legal form
Private limited company
Registered office
Avenue Léon Champagne 5
1480 Tubize · WallonieSee on map
Contributed capital
64 500,00 €
Latest accounts
31/12/2025
Average workforce
33,2 ETP
Joint committees (4)
  • 140
  • 14003
  • 226
  • 22600
Signals
Healthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin477,7 k €3,6 M €3,6 M €3,2 M €3,2 M €3,7 M €3,6 M €3,3 M €3,4 M €2,9 M €2,5 M €1,7 M €1,1 M €742,8 k €488,6 k €521,5 k €425,9 k €253 k €
EBITDA-2 M €-714,9 k €374,7 k €1,2 M €1,3 M €983,5 k €725,9 k €1 M €1,1 M €1,1 M €1,3 M €1,1 M €961,4 k €635,1 k €375,8 k €301,2 k €125,3 k €163,8 k €236,2 k €162,1 k €
Operating result-2,9 M €-1,7 M €-509,3 k €325,3 k €494,5 k €243,2 k €83,8 k €150,4 k €226 k €204,6 k €308,7 k €203,3 k €258,1 k €132,3 k €80,9 k €107,8 k €12,1 k €31,7 k €87,6 k €40,7 k €
Net result-3,2 M €-2 M €-625,3 k €187,8 k €335,1 k €135,2 k €-30,5 k €43,8 k €55 k €45,5 k €73 k €55,5 k €73,2 k €18,1 k €61,7 k €114,6 k €-24,7 k €-11,3 k €47,3 k €26,9 k €
Balance sheet
Equity-4,8 M €-1,6 M €401,1 k €1,1 M €1 M €665,2 k €530 k €560,5 k €516,7 k €461,7 k €416,2 k €343,2 k €241,8 k €219,7 k €205,8 k €144,1 k €29,5 k €54,2 k €65,5 k €58,2 k €
Total assets5,3 M €5,2 M €5,2 M €4,5 M €4,5 M €3,8 M €3,2 M €3,7 M €3,8 M €3,6 M €3,5 M €3,1 M €2,4 M €2,2 M €1,7 M €964,2 k €703,7 k €715,2 k €694,8 k €509 k €
Cash521,9 k €258,9 k €16,1 k €14,6 k €221,8 k €228,4 k €99,7 k €157 k €66,5 k €253,1 k €101,9 k €194,7 k €200,8 k €170,9 k €87,8 k €61,5 k €24,9 k €125,8 k €95,2 k €26,2 k €
Debts10 M €6,8 M €4,8 M €3,4 M €3,5 M €3,1 M €2,7 M €3,1 M €3,3 M €3,1 M €3,1 M €2,7 M €2,2 M €2 M €1,5 M €820 k €674,2 k €661,1 k €595,3 k €450,8 k €
Other
Workforce33,2 ETP35,3 ETP37,6 ETP43,1 ETP43,9 ETP47,9 ETP53,2 ETP55,9 ETP46,9 ETP43,8 ETP34,3 ETP27,7 ETP16,0 ETP11,0 ETP8,6 ETP7,7 ETP4,2 ETP2,4 ETP
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Walden Group International Holding BV

Director · since 18 mars 2025 · 1021.491.855

Represented by Martin Fustier

Active
Hyacinthe-Eric Chaudoir

Director · since 25 octobre 2024

Active

Ended mandates

Walden Group International BV

Director · since 26 mars 2025

Represented by Laure BRENAS

Ended
David Evans

Director · since 20 octobre 2023

Ended
TransPharma International Holding

Director · since 20 octobre 2023

Represented by Stéphane BAUDRY

Ended
S CONSULT

Director · since 01 janvier 2013 · 0842.929.604

Represented by Yves SMETS

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelFull modelFull 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 date12/08/202602/07/202512/11/202428/06/202308/07/202204/06/2021
General meeting31/07/202630/06/202531/10/202403/04/202302/04/202207/04/2021
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

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202531/07/202612/08/2026FrenchPDF
Full model31/12/202430/06/202502/07/2025DutchPDF
Full model31/12/202331/10/202412/11/2024DutchPDF
Abridged model31/12/202203/04/202328/06/2023DutchPDF
Abridged model31/12/202102/04/202208/07/2022DutchPDF
Abridged model31/12/202007/04/202104/06/2021DutchPDF
Abridged model31/12/201904/04/202001/09/2020DutchPDF
Abridged model31/12/201806/04/201920/08/2019DutchPDF
Abridged model31/12/201730/06/201821/08/2018DutchPDF
Abridged model31/12/201601/04/201702/08/2017DutchPDF
Abridged model31/12/201502/04/201612/08/2016DutchPDF
Abridged model31/12/201404/04/201529/07/2015DutchPDF
Abridged model31/12/201305/04/201431/07/2014DutchPDF
Abridged model31/12/201206/04/201312/08/2013DutchPDF
Abridged model31/12/201107/04/201221/06/2012DutchPDF
Abridged model31/12/201002/04/201118/08/2011DutchPDF
Abridged model31/12/200903/04/201007/07/2010DutchPDF
Abridged model31/12/200804/04/200910/06/2009DutchPDF
Abridged model31/12/200705/04/200805/06/2008DutchPDF
Abridged model31/12/200630/06/200723/07/2007DutchPDF
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 · 2 active · 8 ended

Active mandates

Walden Group International Holding BV

Director · since 18 mars 2025 · 1021.491.855

Represented by Martin Fustier

Active
Hyacinthe-Eric Chaudoir

Director · since 25 octobre 2024

Active

Ended mandates

Walden Group International BV

Director · since 26 mars 2025

Represented by Laure BRENAS

Ended
David Evans

Director · since 20 octobre 2023

Ended
TransPharma International Holding

Director · since 20 octobre 2023

Represented by Stéphane BAUDRY

Ended
S CONSULT

Director · since 01 janvier 2013 · 0842.929.604

Represented by Yves SMETS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates02/06/2026
    ADRESSE AUTRE QUE SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares16/12/2025
    CAPITAL, ACTIONS
    PDF
  • Registered office26/11/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office26/11/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - SIEGE SOCIAL
    PDF
  • Mandates03/04/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/11/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/04/2024
    ONTSLAGEN - BENOEMINGEN - 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 2025-3,2 M €
  2. 2024
    Annual accounts 2024-2 M €
  3. 2023
    Annual accounts 2023-625,3 k €
  4. 2022
    Annual accounts 2022187,8 k €
  5. 2021
    Annual accounts 2021335,1 k €
  6. 2020
    Annual accounts 2020135,2 k €
  7. 2019
    Annual accounts 2019-30,5 k €
  8. 2018
    Annual accounts 201843,8 k €
  9. 2017
    Annual accounts 201755 k €
  10. 2016
    Annual accounts 201645,5 k €
  11. 2015
    Annual accounts 201573 k €
  12. 2014
    Annual accounts 201455,5 k €
  13. 2013
    Annual accounts 201373,2 k €
  14. 2012
    Annual accounts 201218,1 k €
  15. 2011
    Annual accounts 201161,7 k €
  16. 2010
    Annual accounts 2010114,6 k €
  17. 2009
    Annual accounts 2009-24,7 k €
  18. 2008
    Annual accounts 2008-11,3 k €
  19. 2007
    Annual accounts 200747,3 k €
  20. 2006
    Annual accounts 200626,9 k €
  21. 09/09/2004
    IncorporationPrivate limited company