IDELCO
0876.332.444 · rovalta.com · 22/09/2026
ACTIVE
IDELCO
Financial year 2025 · closed on 31/12/2025
Net result
38,8 k €
-13.5% YoY
Revenue
12,4 M €
-14.1% YoY
Equity
15,5 M €
+0.3% YoY
Workforce
24,9 ETP
+10.7% YoY
Overview
What does IDELCO do?
IDELCO is a Public limited company incorporated in 2005. Its main activity is: Manufacture of metal structures and parts of structures. Its registered office is in Wingene. It employs on average 24,9 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0876.332.444
Incorporation
29/09/2005
Legal form
Public limited company
Registered office
Bosveldstraat 4
8750 Wingene · FlandreSee on map
8750 Wingene · FlandreSee on map
Contributed capital
12 080 000,00 €
Latest accounts
31/12/2025
Average workforce
24,9 ETP
Activities (NACE)
25110Manufacture of metal structures and parts of structures· main25110Manufacture of metal structures and parts of structures25220Manufacture of tanks, reservoirs and containers of metal25290Manufacture of other tanks, reservoirs and containers of metal74142Specialised design activities70200Management consultancy activities+1
Joint committees (2)
- 111
- 209
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 16 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||
| Revenue | 12,4 M € | -14.1% | 14,4 M € | – | – | – | – | – | – | – | – | – | – | – | – | – | – | ||||||||||||||
| EBITDA | 4,5 M € | +13.4% | 4 M € | -23.6% | 5,2 M € | +59.0% | 3,3 M € | +28.7% | 2,6 M € | +72.2% | 1,5 M € | +1120% | -146 k € | -20.0% | -121,7 k € | -162% | -46,4 k € | -7.7% | -43,1 k € | +0.9% | -43,5 k € | -1.2% | -43 k € | -130% | 145,4 k € | -19.5% | 180,5 k € | +64.4% | 109,8 k € | -6.3% | 117,2 k € |
| Operating result | 382,8 k € | +1.2% | 378,3 k € | -80.7% | 2 M € | +85.1% | 1,1 M € | -9.7% | 1,2 M € | +53.7% | 761,5 k € | +308% | -366,4 k € | -201% | -121,7 k € | -162% | -46,4 k € | -7.7% | -43,1 k € | +0.9% | -43,5 k € | -1.2% | -43 k € | -130% | 145,4 k € | -19.5% | 180,5 k € | +64.4% | 109,8 k € | -6.3% | 117,2 k € |
| Net result | 38,8 k € | -13.5% | 44,9 k € | -96.2% | 1,2 M € | +75.5% | 679,9 k € | -20.3% | 853,4 k € | +20.5% | 708,5 k € | +289% | -375,6 k € | -374% | -79,3 k € | -1078% | 8,1 k € | +108% | -103,6 k € | -1.8% | -101,7 k € | -1.6% | -100,1 k € | -204% | 96,4 k € | -82.1% | 539,3 k € | +1990% | 25,8 k € | -99.4% | 4,6 M € |
| Balance sheet | |||||||||||||||||||||||||||||||
| Equity | 15,5 M € | +0.3% | 15,5 M € | +48.3% | 10,5 M € | +12.9% | 9,3 M € | +7.9% | 8,6 M € | +173% | 3,1 M € | +29.0% | 2,4 M € | -13.3% | 2,8 M € | -2.7% | 2,9 M € | -60.8% | 7,4 M € | -1.4% | 7,5 M € | -1.3% | 7,6 M € | -1.5% | 7,7 M € | +0.0% | 7,7 M € | +7.5% | 7,2 M € | +0.4% | 7,1 M € |
| Total assets | 30,9 M € | +4.3% | 29,6 M € | -2.2% | 30,3 M € | +26.1% | 24 M € | +20.6% | 19,9 M € | +46.9% | 13,5 M € | +85.0% | 7,3 M € | +96.0% | 3,7 M € | +23.1% | 3 M € | -69.6% | 10 M € | -0.1% | 10 M € | -0.3% | 10 M € | +1.4% | 9,9 M € | +1.1% | 9,8 M € | +1.6% | 9,6 M € | +2.6% | 9,4 M € |
| Cash | 2,1 M € | +350% | 474,9 k € | -18.6% | 583,1 k € | +171% | 215,3 k € | -36.2% | 337,7 k € | -78.7% | 1,6 M € | +4473% | 34,6 k € | -91.2% | 395,5 k € | +15042% | 2,6 k € | +556% | 398,2 € | -93.1% | 5,7 k € | +47.2% | 3,9 k € | -76.5% | 16,6 k € | -74.9% | 66,1 k € | +24.4% | 53,1 k € | -85.7% | 370,8 k € |
| Debts | 15 M € | +9.0% | 13,8 M € | -28.7% | 19,3 M € | +32.0% | 14,6 M € | +35.4% | 10,8 M € | +6.1% | 10,2 M € | +116% | 4,7 M € | +415% | 916,9 k € | +584% | 134,1 k € | -94.7% | 2,5 M € | +3.9% | 2,4 M € | +2.8% | 2,4 M € | +11.4% | 2,1 M € | +4.9% | 2 M € | -16.4% | 2,4 M € | +9.8% | 2,2 M € |
| Other | |||||||||||||||||||||||||||||||
| Workforce | 24,9 ETP | +10.7% | 22,5 ETP | -3.4% | 23,3 ETP | +9.4% | 21,3 ETP | +21.0% | 17,6 ETP | +40.8% | 12,5 ETP | +191% | 4,3 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 31/12/2025 · 2 active · 35 ended
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Abridged model | Abridged model | Abridged model | Abridged 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 | 19/05/2026 | 23/05/2025 | 24/05/2024 | 06/07/2023 | 27/05/2022 | 14/07/2021 |
| General meeting | 24/04/2026 | 25/04/2025 | 26/04/2024 | 13/06/2023 | 29/04/2022 | 28/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 24/04/2026 | 19/05/2026 | Dutch | |
| Full model | 31/12/2024 | 25/04/2025 | 23/05/2025 | Dutch | |
| Abridged model | 31/12/2023 | 26/04/2024 | 24/05/2024 | Dutch | |
| Abridged model | 31/12/2022 | 13/06/2023 | 06/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 29/04/2022 | 27/05/2022 | Dutch | |
| Abridged model | 31/12/2020 | 28/06/2021 | 14/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 30/06/2020 | 27/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 28/06/2019 | 03/07/2019 | Dutch | |
| Full model | 31/12/2017 | 29/06/2018 | 16/07/2018 | Dutch | |
| Full model | 31/12/2016 | 29/06/2017 | 18/07/2017 | Dutch | |
| Full model | 31/12/2015 | 16/09/2016 | 26/09/2016 | Dutch | |
| Full model | 31/12/2014 | 30/10/2015 | 03/11/2015 | Dutch | |
| Full model | 31/12/2013 | 18/09/2014 | 22/09/2014 | Dutch | |
| Full model | 31/12/2012 | 06/09/2013 | 30/09/2013 | Dutch | |
| Full model | 31/12/2011 | 14/09/2012 | 03/10/2012 | Dutch | |
| Full model | 31/12/2010 | 17/06/2011 | 04/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 25/06/2010 | 31/08/2010 | Dutch | |
| Abridged model | 31/12/2008 | 17/07/2009 | 22/07/2009 | Dutch | |
| Abridged model | 31/12/2007 | 30/06/2008 | 08/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 27/05/2007 | 25/06/2007 | 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
Publications
Belgian Official Gazette
Belgian Official Gazette publications
- Capital / shares14/10/2024KAPITAAL - AANDELEN
- Mandates26/08/2024ONTSLAGEN - BENOEMINGEN
- Mandates18/07/2023ONTSLAGEN - BENOEMINGEN
- Capital / shares23/12/2021STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING - KAPITAAL - AANDELEN
- Mandates01/10/2021ONTSLAGEN - BENOEMINGEN
- Mandates28/01/2020ONTSLAGEN - BENOEMINGEN
- Mandates11/02/2019ONTSLAGEN - BENOEMINGEN
- Registered office05/11/2018BENAMING - MAATSCHAPPELIJKE ZETEL - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202538,8 k €↓
- 2024Annual accounts 202444,9 k €↓
- 2023Annual accounts 20231,2 M €↑
- 2022Annual accounts 2022679,9 k €↓
- 2021Annual accounts 2021853,4 k €↑
- 2020Annual accounts 2020708,5 k €↑
- 2019Annual accounts 2019-375,6 k €↓
- 2018Annual accounts 2018-79,3 k €↓
- 2017Annual accounts 20178,1 k €↑
- 2016Annual accounts 2016-103,6 k €↓
- 2015Annual accounts 2015-101,7 k €↓
- 2014Annual accounts 2014-100,1 k €↓
- 2009Annual accounts 200996,4 k €↓
- 2008Annual accounts 2008539,3 k €↑
- 2007Annual accounts 200725,8 k €↓
- 2006Annual accounts 20064,6 M €
- 29/09/2005IncorporationPublic limited company