ACTIVE

IGLO BELGIUM

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Financial year 2025 · Closed on 31/12/2025

Net result
1,2 M €
-38,7 %over 1 year
Revenue
78,3 M €
-7,3 %over 1 year
Equity
33,3 M €
+3,8 %over 1 year
Workforce
35,2 ETP
+0,6 %over 1 year

Identity

Source · BCE/KBO

IGLO BELGIUM is a Public limited company incorporated in 2006. Its main activity is: Non-specialised wholesale of food, beverages and tobacco. Its registered office is in Drogenbos. It employs on average 35,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0884.248.931
Incorporation
13/10/2006
Legal form
Public limited company
Registered office
Boulevard de l'Humanité 235
1620 Drogenbos · FlandreSee on map
Contributed capital
33 893 333,33 €
Latest accounts
31/12/2025
Average workforce
35,2 ETP
Joint committees (2)
  • 220
  • 22000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue78,3 M €84,4 M €78,5 M €73,1 M €71,2 M €
EBITDA5,7 M €5,6 M €5,3 M €5,7 M €5,8 M €
Operating result1,2 M €1,8 M €1,5 M €1,8 M €1,9 M €
Net result1,2 M €2 M €1,4 M €1,3 M €1,4 M €
Balance sheet
Equity33,3 M €32,1 M €30,1 M €28,7 M €27,4 M €
Total assets63,2 M €61,2 M €58,7 M €52,9 M €51,3 M €
Cash38,3 M €41,2 M €32,3 M €24,9 M €22,3 M €
Debts29,4 M €29,1 M €28,6 M €24,2 M €23,9 M €
Other
Workforce35,2 ETP35,0 ETP35,9 ETP36,1 ETP38,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 49 ended

Active mandates

Henrik Boermans

Director · since 01 juillet 2023 · until 17 juin 2027

Active
Kristof Pierret

Director · since 20 décembre 2022 · until 17 juin 2027

Active

Ended mandates

Henrik Boermans

Director · since 01 juillet 2023

Ended
Kristof Pierret

Director · since 20 décembre 2022 · until 26 juillet 2027

Ended
Alexandra Melzer

Director · since 01 septembre 2022 · until 20 décembre 2022

Ended
Ines Franke

Director · since 03 mars 2022 · until 11 mai 2027

Ended

Other companies at this address

Boulevard de l'Humanité 235 1620 Drogenbos
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0782.318.559
EcoVision Trading● Active
1041.508.596
LPG BENELUX● Active
0454.285.246

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date29/06/202602/07/202504/07/202428/06/202313/05/202220/05/2021
General meeting18/06/202630/06/202520/06/202415/06/202310/05/202211/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 19 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202518/06/202629/06/2026DutchPDF
Full model31/12/202430/06/202502/07/2025DutchPDF
Full model31/12/202320/06/202404/07/2024DutchPDF
Full model31/12/202215/06/202328/06/2023DutchPDF
Full model31/12/202110/05/202213/05/2022DutchPDF
Full model31/12/202011/05/202120/05/2021DutchPDF
Full model31/12/201912/05/202027/05/2020DutchPDF
Full model31/12/201829/04/201921/05/2019DutchPDF
Full model31/12/201708/05/201815/05/2018DutchPDF
Full model31/12/201606/06/201713/06/2017DutchPDF
Full model31/12/201510/05/201627/05/2016DutchPDF
Full model31/12/201412/05/201517/06/2015DutchPDF
Full model31/12/201303/06/201406/08/2014DutchPDF
Full model31/12/201214/05/201307/06/2013DutchPDF
Full model31/12/201108/05/201210/07/2012DutchPDF
Full model31/12/201010/05/201106/06/2011DutchPDF
Full model31/12/200911/05/201001/07/2010DutchPDF
Full model31/12/200819/06/200925/06/2009FrenchPDF
Full model31/12/200723/06/200827/10/2008FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 49 ended

Active mandates

Henrik Boermans

Director · since 01 juillet 2023 · until 17 juin 2027

Active
Kristof Pierret

Director · since 20 décembre 2022 · until 17 juin 2027

Active

Ended mandates

Henrik Boermans

Director · since 01 juillet 2023

Ended
Kristof Pierret

Director · since 20 décembre 2022 · until 26 juillet 2027

Ended
Alexandra Melzer

Director · since 01 septembre 2022 · until 20 décembre 2022

Ended
Ines Franke

Director · since 03 mars 2022 · until 11 mai 2027

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/10/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other11/05/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates03/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/03/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/07/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/06/2019
    ONTSLAGEN - BENOEMINGEN
    PDF

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 20251,2 M €↓
  2. 25/06/2025
    reconductionMoore Audit BV — commissaris
  3. 2024
    Annual accounts 20242 M €↑
  4. 2023
    Annual accounts 20231,4 M €↑
  5. 01/07/2023
    nominationHenrik Boermans — bestuurder
  6. 2022
    Annual accounts 20221,3 M €↓
  7. 20/12/2022
    nominationKristof Pierret — bestuurder
  8. 01/09/2022
    nominationAlexandra Melzer — bestuurder
  9. 01/09/2022
    nominationCarmen van Camp — commissaris (vaste vertegenwoordiger Moore Audit BV)
  10. 2021
    Annual accounts 20211,4 M €↑
  11. 2019
    Annual accounts 20191,2 M €↑
  12. 2018
    Annual accounts 20181,1 M €↓
  13. 2017
    Annual accounts 20171,3 M €↑
  14. 2016
    Annual accounts 2016827,6 k €↓
  15. 2015
    Annual accounts 20151,2 M €↑
  16. 2014
    Annual accounts 201427,2 k €↑
  17. 2013
    Annual accounts 2013-1 M €↓
  18. 2012
    Annual accounts 2012887,6 k €↑
  19. 2011
    Annual accounts 2011122,6 k €↑
  20. 2010
    Annual accounts 2010-1,8 M €↑
  21. 2009
    Annual accounts 2009-2,8 M €↑
  22. 2008
    Annual accounts 2008-5,9 M €↓
  23. 2007
    Annual accounts 2007-4,4 M €
  24. 13/10/2006
    IncorporationPublic limited company