ACTIVE

Intergemeentelijke Vereniging voor Crematoriumbeheer in Zuid-West-Vlaanderen

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Financial year 2024 · Closed on 31/12/2024

Net result450,1 k €+42,3 %over 1 year

Gross margin1,9 M €+28,5 %over 1 year

Equity5,7 M €+7,5 %over 1 year

Workforce10,0 ETP+6,4 %over 1 year

Identity

Source · BCE/KBO

Intergemeentelijke Vereniging voor Crematoriumbeheer in Zuid-West-Vlaanderen is a Project leader organization, Flemish Region incorporated in 2005. 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 Kortrijk. It employs on average 10,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0874.649.790
Incorporation: 23/06/2005
Legal form: Project leader organization, Flemish Region
Registered office: Ambassadeur Baertlaan(Kor) 5
8500 Kortrijk · FlandreSee on map
Contributed capital: 2 090 100,00 €
Latest accounts: 31/12/2024
Average workforce: 10,0 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 93032Sports activities and amusement and recreation activities 96032Funeral and related activities 96302Other personal service activities

Contacts

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Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 19 financial years

	2024		2023		2022		2021		2020
Income statement
Gross margin	1,9 M €	+28.5%	1,5 M €	+10.5%	1,3 M €	-24.6%	1,8 M €	-5.3%	1,9 M €
EBITDA	973,7 k €	+56.8%	620,8 k €	+22.7%	506 k €	-49.0%	991,8 k €	-7.6%	1,1 M €
Operating result	531,9 k €	+43.6%	370,4 k €	+1065%	31,8 k €	-92.6%	429,1 k €	-21.2%	544,8 k €
Net result	450,1 k €	+42.3%	316,3 k €	+2219%	-14,9 k €	-104%	404,1 k €	-23.8%	530,4 k €
Balance sheet
Equity	5,7 M €	+7.5%	5,3 M €	+4.6%	5 M €	-1.3%	5,1 M €	+6.8%	4,8 M €
Total assets	8,5 M €	+0.4%	8,4 M €	-1.8%	8,6 M €	-3.6%	8,9 M €	+0.9%	8,8 M €
Cash	636,5 k €	+50.4%	423 k €	-10.8%	474,1 k €	-3.0%	488,9 k €	+150%	195,6 k €
Debts	2,6 M €	-14.3%	3 M €	-5.6%	3,2 M €	-9.8%	3,6 M €	-7.5%	3,9 M €
Other
Workforce	10,0 ETP	+6.4%	9,4 ETP	-9.6%	10,4 ETP	-6.3%	11,1 ETP	+2.8%	10,8 ETP

Board of directors

Source · NBB, accounts to 31/12/2024

10 active · 84 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ben Desmyter	Directorsince 20/06/2019
Eliane Spincemaille	Directorsince 14/06/2017Chairman of the board of directorssince 27/03/2019endedMandateended
Filip Terryn	Directorsince 26/03/2025
Greta Vandeputte	Vice-chairman of the board of directorssince 22/06/2022Directorended
Isabelle Vereecke	Directorsince 26/03/2025
Jo Tijtgat	Directorsince 26/03/2025
Lien Deblaere	Directorsince 15/06/2022
Luc Defraye	Directorsince 26/03/2025
Piet Lombaerts	Chairman of the board of directorssince 26/03/2025
Stefaan Van Coillie	Directorsince 15/06/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Koen Byls	Andere functiesince 21/06/2023
Jo Neirynck	Chairman of the board of directorssince 22/06/2022
Kathleen Duchi	Directorsince 15/06/2022
Kenneth Hennion	Directorsince 15/06/2022

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/07/2025	24/06/2024	01/07/2023	16/06/2022	30/06/2021	29/06/2020
General meeting	18/06/2025	18/06/2024	21/06/2023	15/06/2022	16/06/2021	16/06/2020
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	18/06/2025	03/07/2025	Dutch	PDF
Abridged model	31/12/2023	18/06/2024	24/06/2024	Dutch	PDF
Abridged model	31/12/2022	21/06/2023	01/07/2023	Dutch	PDF
Abridged model	31/12/2021	15/06/2022	16/06/2022	Dutch	PDF
Abridged model	31/12/2020	16/06/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	16/06/2020	29/06/2020	Dutch	PDF
Abridged model	31/12/2018	18/06/2019	24/07/2019	Dutch	PDF
Abridged model	31/12/2017	13/06/2018	25/06/2018	Dutch	PDF
Abridged model	31/12/2016	13/06/2017	30/06/2017	Dutch	PDF
Abridged model	31/12/2015	14/06/2016	20/07/2016	Dutch	PDF
Abridged model	31/12/2014	16/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	19/06/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	18/06/2013	27/06/2013	Dutch	PDF
Abridged model	31/12/2011	19/06/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	21/06/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	22/06/2010	30/06/2010	Dutch	PDF
Abridged modelCorrection	31/12/2008	23/06/2009	08/09/2009	Dutch	PDF
Abridged model	31/12/2008	23/06/2009	16/07/2009	Dutch	PDF
Abridged model	31/12/2007	10/06/2008	17/06/2008	Dutch	PDF
Abridged model	31/12/2006	14/06/2007	25/06/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2024

10 active · 84 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Ben Desmyter	Directorsince 20/06/2019
Eliane Spincemaille	Directorsince 14/06/2017Chairman of the board of directorssince 27/03/2019endedMandateended
Filip Terryn	Directorsince 26/03/2025
Greta Vandeputte	Vice-chairman of the board of directorssince 22/06/2022Directorended
Isabelle Vereecke	Directorsince 26/03/2025
Jo Tijtgat	Directorsince 26/03/2025
Lien Deblaere	Directorsince 15/06/2022
Luc Defraye	Directorsince 26/03/2025
Piet Lombaerts	Chairman of the board of directorssince 26/03/2025
Stefaan Van Coillie	Directorsince 15/06/2022

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Koen Byls	Andere functiesince 21/06/2023
Jo Neirynck	Chairman of the board of directorssince 22/06/2022
Kathleen Duchi	Directorsince 15/06/2022
Kenneth Hennion	Directorsince 15/06/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates06/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/05/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/01/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/05/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/05/2020
ONTSLAGEN - BENOEMINGEN
PDF

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Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings19 filings

Mandates

Jo Tijtgat

Isabelle Vereecke

Piet Lombaerts

Ben Desmyter

Lien Deblaere

Greta Vandeputte

Eliane Spincemaille

Filip Terryn

Stefaan Van Coillie

Luc Defraye

Koen Byls

Jo Neirynck

and 47 more mandates

2005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

Psilon - intergemeentelijke vereniging voor crematoriumbeheer in Zuid-West-VlaanderenIntergemeentelijke Vereniging voor Crematoriumbeheer in Zuid-West-Vlaanderen

Ambassadeur Baertlaan(Kor) 5, 8500 Kortrijk

Director

Chairman of the board of directors

Director

Vice-chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Ambassadeur Baertlaan(Kor) 5, 8500 KortrijkCurrent	accounts 2021 → 2024	Accounts 2024 · 2025-00230955

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Intergemeentelijke Vereniging voor Crematoriumbeheer in Zuid-West-VlaanderenCurrent		CBE
Psilon - intergemeentelijke vereniging voor crematoriumbeheer in Zuid-West-Vlaanderen	accounts 2021 → 2024	Accounts 2024 · 2025-00230955
Intergemeentelijke Vereniging voor Crematoriumbeheer in Zuid-West-Vlaanderen	accounts 2006 → 2020	Accounts 2020 · 2021-29400396

Events

2024
Annual accounts 2024450,1 k €↑
2023
Annual accounts 2023316,3 k €↑
2022
Annual accounts 2022-14,9 k €↓
2021
Annual accounts 2021404,1 k €↓
2021
Name changePsilon - intergemeentelijke vereniging voor crematoriumbeheer in Zuid-West-Vlaanderen
2020
Annual accounts 2020530,4 k €↑
2019
Annual accounts 2019256,1 k €↓
2018
Annual accounts 2018384,1 k €↑
2017
Annual accounts 2017227,5 k €↑
2016
Annual accounts 201698 k €↑
2015
Annual accounts 201592,3 k €↑
2014
Annual accounts 201432,5 k €↓
2013
Annual accounts 201378,2 k €↑
2012
Annual accounts 2012-187,8 k €↑
2011
Annual accounts 2011-419,6 k €↓
2010
Annual accounts 2010-191,4 k €↓
2009
Annual accounts 200957,4 k €↓
2008
Annual accounts 200869,4 k €↓
2007
Annual accounts 200797,2 k €↑
2006
Annual accounts 200693,8 k €
23/06/2005
IncorporationProject leader organization, Flemish Region

Intergemeentelijke Vereniging voor Crematoriumbeheer in Zuid-West-Vlaanderen

Overview

Identity

Financials

Board of directors

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