ACTIVE

IFM ELECTRONIC

Financial year 2024 · closed on 31/12/2024
Net result
554,1 k €
-30.2% YoY
Revenue
20,2 M €
+3.1% YoY
Equity
1,3 M €
-8.5% YoY
Workforce
25,1 ETP
-0.4% YoY

What does IFM ELECTRONIC do?

IFM ELECTRONIC is a Public limited company incorporated in 2006. Its main activity is: Wholesale of machinery for the textile industry and of sewing and knitting machines. Its registered office is in Asse. It employs on average 25,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0885.135.490
Incorporation
21/11/2006
Legal form
Public limited company
Registered office
Zuiderlaan 91
1731 Asse · FlandreSee on map
Contributed capital
500 000,00 €
Latest accounts
31/12/2024
Average workforce
25,1 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20242023202220212020201920182017201620152014201320122011201020082007
Income statement
Revenue20,2 M €19,6 M €19,1 M €16,6 M €13,1 M €14,4 M €12,7 M €12,6 M €10,8 M €10,5 M €8,8 M €8,8 M €8,7 M €9 M €7,2 M €7,1 M €3,1 M €
EBITDA778,3 k €1,1 M €1,1 M €612 k €491,2 k €524,5 k €647,6 k €635,3 k €553,7 k €1,3 M €1,3 M €1,2 M €1,3 M €1,1 M €936,8 k €1 M €304,4 k €
Operating result756,1 k €1,1 M €1,1 M €597 k €467,6 k €515,2 k €635,8 k €625,9 k €545,3 k €1,3 M €1,3 M €1,2 M €1,3 M €997,8 k €808,2 k €879,6 k €240,5 k €
Net result554,1 k €794,1 k €774,4 k €425,5 k €327,5 k €342,1 k €425,8 k €389,8 k €344,6 k €856,5 k €837,7 k €816,8 k €891,9 k €677,9 k €520,1 k €577,7 k €141 k €
Balance sheet
Equity1,3 M €1,4 M €1,4 M €1,3 M €1,3 M €1,3 M €1,2 M €1,2 M €1,2 M €1,1 M €1 M €952,4 k €935,6 k €893,7 k €815,7 k €668,7 k €641 k €
Total assets6,9 M €6,8 M €6,9 M €6 M €4,8 M €4,9 M €4 M €4,1 M €3,6 M €4,2 M €3,9 M €4 M €2,4 M €2,5 M €2,7 M €2,7 M €2,4 M €
Cash450,3 k €476,9 k €555,7 k €394,7 €712,1 €375,3 €677,4 €268,4 €194,7 k €223,6 k €151,5 k €92,9 k €193,1 k €210,9 k €
Debts5,5 M €5,3 M €5,4 M €4,5 M €3,5 M €3,6 M €2,8 M €2,8 M €2,4 M €3 M €2,9 M €3 M €1,4 M €1,6 M €1,8 M €2 M €1,7 M €
Other
Workforce25,1 ETP25,2 ETP23,7 ETP21,1 ETP22,0 ETP21,1 ETP20,1 ETP19,2 ETP20,6 ETP20,5 ETP18,8 ETP17,8 ETP18,4 ETP19,3 ETP18,7 ETP18,8 ETP19,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 2 active · 17 ended

Active mandates

Koen VAN DEN PLAS

Director · since 21 mars 2023 · until 16 mars 2027

Active
Marc EVERAERT

Managing director · since 19 mars 2019 · until 18 mars 2025

Active

Ended mandates

Markus WOLF

Director · since 25 novembre 2021 · until 12 mars 2024

Ended
Markus WOLF

Director · since 25 novembre 2021 · until 25 novembre 2027

Ended
Simon EVANS

Chairman of the board of directors · since 25 novembre 2021 · until 12 mars 2024

Ended
Simon EVANS

Chairman of the board of directors · since 25 novembre 2021 · until 25 novembre 2027

Ended
At this address

Other companies at this address

CompanyCBE no.
REXEL BELGIUMActive
0437.237.396
Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date25/04/202525/04/202415/06/202316/06/202202/04/202118/06/2020
General meeting18/03/202519/03/202421/03/202315/03/202216/03/202117/03/2020
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202418/03/202525/04/2025DutchPDF
Full model31/12/202319/03/202425/04/2024DutchPDF
Full model31/12/202221/03/202315/06/2023DutchPDF
Full model31/12/202115/03/202216/06/2022DutchPDF
Full model31/12/202016/03/202102/04/2021DutchPDF
Full model31/12/201917/03/202018/06/2020DutchPDF
Full model31/12/201819/03/201923/05/2019DutchPDF
Full model31/12/201720/03/201823/03/2018DutchPDF
Full model31/12/201621/03/201708/06/2017DutchPDF
Full model31/12/201515/03/201606/06/2016DutchPDF
Full model31/12/201417/03/201527/05/2015DutchPDF
Full model31/12/201318/03/201422/05/2014DutchPDF
Full model31/12/201219/03/201305/06/2013DutchPDF
Full model31/12/201120/03/201207/06/2012DutchPDF
Full model31/12/201015/03/201105/05/2011DutchPDF
Full model31/12/200923/03/201018/05/2010DutchPDF
Full model31/12/200831/03/200924/06/2009DutchPDF
Full model31/12/200709/06/200827/08/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2024 · 2 active · 17 ended

Active mandates

Koen VAN DEN PLAS

Director · since 21 mars 2023 · until 16 mars 2027

Active
Marc EVERAERT

Managing director · since 19 mars 2019 · until 18 mars 2025

Active

Ended mandates

Markus WOLF

Director · since 25 novembre 2021 · until 12 mars 2024

Ended
Markus WOLF

Director · since 25 novembre 2021 · until 25 novembre 2027

Ended
Simon EVANS

Chairman of the board of directors · since 25 novembre 2021 · until 12 mars 2024

Ended
Simon EVANS

Chairman of the board of directors · since 25 novembre 2021 · until 25 novembre 2027

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/12/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/03/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/02/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/12/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/04/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/07/2013
    ONTSLAGEN - BENOEMINGEN
    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. 2024
    Annual accounts 2024554,1 k €
  2. 2023
    Annual accounts 2023794,1 k €
  3. 2022
    Annual accounts 2022774,4 k €
  4. 2021
    Annual accounts 2021425,5 k €
  5. 2020
    Annual accounts 2020327,5 k €
  6. 2019
    Annual accounts 2019342,1 k €
  7. 2018
    Annual accounts 2018425,8 k €
  8. 2017
    Annual accounts 2017389,8 k €
  9. 2016
    Annual accounts 2016344,6 k €
  10. 2015
    Annual accounts 2015856,5 k €
  11. 2014
    Annual accounts 2014837,7 k €
  12. 2013
    Annual accounts 2013816,8 k €
  13. 2012
    Annual accounts 2012891,9 k €
  14. 2011
    Annual accounts 2011677,9 k €
  15. 2010
    Annual accounts 2010520,1 k €
  16. 2008
    Annual accounts 2008577,7 k €
  17. 2007
    Annual accounts 2007141 k €
  18. 21/11/2006
    IncorporationPublic limited company