ACTIVE

INCOPRO

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Financial year 2025 · closed on 31/12/2025

Net result

48,5 k €

-19.8% YoY

Gross margin

152,6 k €

+9.2% YoY

Equity

435,9 k €

+12.5% YoY

What does INCOPRO do?

INCOPRO is a Private limited company incorporated in 2005. Its main activity is: Management consultancy activities. Its registered office is in Oud-Heverlee.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0877.807.636

Incorporation

30/11/2005

Legal form

Private limited company

Registered office

Broekstraat 8
3050 Oud-Heverlee · FlandreSee on map

Contributed capital

30 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 47400Retail sale of information and communication equipment in specialised stores 47410Retail sale of computers, peripheral units and software in specialised stores 52487Warehousing and support activities for transportation+6

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	152,6 k €	+9.2%	139,7 k €	-50.4%	281,8 k €	+122%	127,1 k €	+46.8%	86,6 k €	-12.0%	98,4 k €	-24.5%	130,4 k €	+107%	62,8 k €	+22.2%	51,4 k €	-5.2%	54,2 k €	+53.9%	35,2 k €	-51.1%	72 k €	-24.4%	95,2 k €	-39.0%	156,1 k €	-3.5%	161,8 k €	-0.7%	163 k €	+35.3%	120,5 k €	-0.8%	121,4 k €	+4.2%	116,6 k €	-15.1%	137,3 k €
EBITDA	150,4 k €	+9.1%	137,9 k €	-50.7%	279,5 k €	+124%	124,5 k €	+48.5%	83,8 k €	-12.6%	95,9 k €	-25.4%	128,5 k €	+110%	61 k €	+103%	30 k €	-4.0%	31,3 k €	+142%	12,9 k €	-73.7%	49,3 k €	-32.0%	72,4 k €	-45.6%	133,3 k €	-7.7%	144,3 k €	+12.6%	128,2 k €	+54.5%	82,9 k €	-0.5%	83,4 k €	-0.4%	83,7 k €	-12.4%	95,5 k €
Operating result	138,3 k €	+9.5%	126,4 k €	-53.3%	270,7 k €	+163%	102,7 k €	+65.5%	62,1 k €	-13.9%	72,1 k €	+13.1%	63,8 k €	+53.3%	41,6 k €	+1332%	-3,4 k €	-113%	25,9 k €	+237%	7,7 k €	-82.6%	44,2 k €	-34.3%	67,3 k €	-46.6%	126,1 k €	-4.8%	132,4 k €	+13.4%	116,7 k €	+70.2%	68,6 k €	-1.1%	69,3 k €	-5.0%	73 k €	-15.0%	85,9 k €
Net result	48,5 k €	-19.8%	60,4 k €	-63.9%	167,5 k €	+381%	34,8 k €	+140%	14,5 k €	-15.1%	17,1 k €	-60.7%	43,6 k €	+60.1%	27,2 k €	+2727%	962,1 €	-95.4%	21,1 k €	+2127%	947 €	-98.1%	49,3 k €	-20.6%	62,1 k €	-24.7%	82,5 k €	-16.8%	99,2 k €	+20.4%	82,4 k €	+61.5%	51 k €	-24.6%	67,6 k €	+16.4%	58,1 k €	-15.6%	68,8 k €
Balance sheet
Equity	435,9 k €	+12.5%	387,4 k €	+9.5%	353,7 k €	+23.1%	287,3 k €	+13.8%	252,5 k €	+6.1%	238 k €	+7.7%	220,9 k €	-57.9%	524,3 k €	+5.5%	497,1 k €	+0.2%	496,2 k €	+2.5%	484 k €	-0.6%	486,9 k €	+3.3%	471,5 k €	+0.8%	467,8 k €	+11.6%	419,2 k €	+29.4%	323,9 k €	+32.0%	245,5 k €	+26.2%	194,5 k €	+53.3%	126,9 k €	+84.4%	68,8 k €
Total assets	857,9 k €	+2.0%	840,8 k €	-4.0%	875,8 k €	+15.0%	761,6 k €	+2.6%	742,5 k €	+0.3%	740,2 k €	+0.7%	734,9 k €	+4.8%	701,5 k €	-0.1%	702 k €	+36.8%	513,1 k €	+3.6%	495 k €	-7.4%	534,7 k €	+6.0%	504,3 k €	-3.6%	523,1 k €	+17.1%	446,7 k €	+25.3%	356,3 k €	+30.2%	273,7 k €	-0.1%	274,1 k €	+32.8%	206,4 k €	+66.6%	123,9 k €
Cash	24,3 k €	-63.7%	66,8 k €	-0.3%	67 k €	-48.0%	128,8 k €	+43.1%	90 k €	+5.6%	85,1 k €	-2.3%	87,2 k €	+167%	32,6 k €	+192%	11,1 k €	-89.4%	105,1 k €	-15.7%	124,7 k €	-21.0%	157,9 k €	-58.5%	380,7 k €	+6.2%	358,6 k €	+27.7%	280,9 k €	+37.1%	204,8 k €	+19.1%	171,9 k €	+521%	27,7 k €	-20.0%	34,6 k €	-55.8%	78,3 k €
Debts	382,9 k €	-7.3%	413,1 k €	-14.6%	484 k €	+3.3%	468,5 k €	-3.6%	485,9 k €	-2.7%	499,1 k €	-2.9%	514,1 k €	+190%	177,2 k €	-13.5%	204,9 k €	+1113%	16,9 k €	+53.2%	11 k €	-76.0%	46 k €	+40.4%	32,8 k €	-40.7%	55,3 k €	+101%	27,5 k €	-15.2%	32,4 k €	+14.9%	28,2 k €	-64.5%	79,6 k €	+2.8%	77,4 k €	+46.0%	53 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	0.0%	0,3 ETP	-40.0%	0,5 ETP	-16.7%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP	0.0%	0,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Jos Feyaerts

Director · since 04 septembre 2019

Active

Ended mandates

Jos Feyaerts

Manager · since 09 décembre 2005

Ended

Jos Feyaerts

Manager · since 30 novembre 2005

Ended

Jos Feyaerts

Director

Ended

Jos Feyaerts

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	08/07/2026	16/07/2025	17/05/2024	13/03/2023	07/06/2022	09/06/2021
General meeting	12/06/2026	30/06/2025	18/04/2024	27/02/2023	27/05/2022	28/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	12/06/2026	08/07/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	16/07/2025	Dutch	PDF
Micro model	31/12/2023	18/04/2024	17/05/2024	Dutch	PDF
Micro model	31/12/2022	27/02/2023	13/03/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	07/06/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	09/06/2021	Dutch	PDF
Micro model	31/12/2019	13/03/2020	26/03/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	26/06/2019	Dutch	PDF
Micro model	31/12/2017	25/05/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	16/05/2017	29/05/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	29/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	18/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	12/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	03/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	28/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	15/06/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	26/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	31/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

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 · 1 active · 4 ended

Active mandates

Jos Feyaerts

Director · since 04 septembre 2019

Active

Ended mandates

Jos Feyaerts

Manager · since 09 décembre 2005

Ended

Jos Feyaerts

Manager · since 30 novembre 2005

Ended

Jos Feyaerts

Director

Ended

Jos Feyaerts

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Registered office02/06/2023
MAATSCHAPPELIJKE ZETEL
PDF
Mandates26/09/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Registered office09/01/2018
MAATSCHAPPELIJKE ZETEL
PDF
Capital / shares13/12/2013
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other21/12/2005
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202548,5 k €↓
2024
Annual accounts 202460,4 k €↓
2023
Annual accounts 2023167,5 k €↑
2022
Annual accounts 202234,8 k €↑
2021
Annual accounts 202114,5 k €↓
2020
Annual accounts 202017,1 k €↓
2019
Annual accounts 201943,6 k €↑
2018
Annual accounts 201827,2 k €↑
2017
Annual accounts 2017962,1 €↓
2016
Annual accounts 201621,1 k €↑
2015
Annual accounts 2015947 €↓
2014
Annual accounts 201449,3 k €↓
2013
Annual accounts 201362,1 k €↓
2012
Annual accounts 201282,5 k €↓
2011
Annual accounts 201199,2 k €↑
2010
Annual accounts 201082,4 k €↑
2009
Annual accounts 200951 k €↓
2008
Annual accounts 200867,6 k €↑
2007
Annual accounts 200758,1 k €↓
2006
Annual accounts 200668,8 k €
30/11/2005
IncorporationPrivate limited company

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

INCOPRO

Overview

What does INCOPRO do?

Trend over 20 financial years

Indicative valuation

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