ACTIVE

IT CENTRE OF EXCELLENCE

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Financial year 2025 · Closed on 31/12/2025

Net result224,8 k €-3,4 %over 1 year
Gross margin1,4 M €+19,0 %over 1 year
Equity597,1 k €-56,5 %over 1 year
Workforce12,1 ETP+13,1 %over 1 year

Identity

Source · BCE/KBO

IT CENTRE OF EXCELLENCE is a Private limited company incorporated in 2007. Its registered office is in Mechelen. It employs on average 12,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0887.268.797
Incorporation
15/02/2007
Legal form
Private limited company
Registered office
Blarenberglaan 3b
2800 Mechelen · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
12,1 ETP
Joint committees (2)
  • 2000
  • 200000
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 19 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin1,4 M €1,2 M €1,5 M €1,2 M €710 k €
EBITDA329,1 k €321 k €726,7 k €610,2 k €119 k €
Operating result306,6 k €303,2 k €666,9 k €553,6 k €104,4 k €
Net result224,8 k €232,6 k €496,3 k €412,6 k €72,3 k €
Balance sheet
Equity597,1 k €1,4 M €1,1 M €630,9 k €288,3 k €
Total assets1,9 M €2,5 M €2,1 M €1,7 M €813,5 k €
Cash544,8 k €1,1 M €970,3 k €868,2 k €147,6 k €
Debts718,2 k €314,3 k €488,4 k €729,6 k €522,4 k €
Other
Workforce12,1 ETP10,7 ETP11,0 ETP10,9 ETP10,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 10 ended

Active mandates

CAJOEVMA

Director · since 31 juillet 2025 · 0687.994.967

Represented by Jochen Maertens

Active
CONXION

Director · 0458.974.603

Represented by Chris DEBYSER

Active

Ended mandates

CONXION

Director · since 18 août 2023 · 0458.974.603

Represented by Chris Debyser

Ended
KEEP IT SIMPLE

Manager · 0480.180.781

Represented by THIERRY LEYSSEN

Ended
KEEP IT SIMPLE

Director · 0480.180.781

Represented by Thierry Leyssen

Ended
KEEP IT SIMPLE

Director · until 31 juillet 2025 · 0480.180.781

Represented by Thierry LEYSSEN

Ended

Other companies at this address

Blarenberglaan 3b 2800 Mechelen
CompanyCBE no.
ASVCo● Active
0767.384.024
ASVCO HOLDING● Active
1026.972.553

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date08/06/202631/07/202503/07/202422/05/202311/08/202223/07/2021
General meeting08/06/202631/07/202528/06/202416/05/202317/05/202218/05/2021
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
Abridged model31/12/202508/06/202608/06/2026DutchPDF
Abridged model31/12/202431/07/202531/07/2025DutchPDF
Abridged model31/12/202328/06/202403/07/2024DutchPDF
Abridged model31/12/202216/05/202322/05/2023DutchPDF
Abridged model31/12/202117/05/202211/08/2022DutchPDF
Abridged model31/12/202018/05/202123/07/2021DutchPDF
Abridged model31/12/201919/05/202024/07/2020DutchPDF
Abridged model31/12/201821/05/201931/07/2019DutchPDF
Micro model31/12/201715/05/201821/08/2018DutchPDF
Micro model31/12/201616/05/201719/07/2017DutchPDF
Abridged model31/12/201517/05/201624/06/2016DutchPDF
Abridged model31/12/201419/05/201510/07/2015DutchPDF
Abridged model31/12/201320/05/201418/07/2014DutchPDF
Abridged model31/12/201221/05/201311/06/2013DutchPDF
Abridged model31/12/201115/05/201219/06/2012DutchPDF
Abridged model31/12/201017/05/201130/05/2011DutchPDF
Abridged model31/12/200918/05/201025/05/2010DutchPDF
Abridged model31/12/200819/05/200915/06/2009DutchPDF
Abridged model31/12/200720/05/200801/08/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 10 ended

Active mandates

CAJOEVMA

Director · since 31 juillet 2025 · 0687.994.967

Represented by Jochen Maertens

Active
CONXION

Director · 0458.974.603

Represented by Chris DEBYSER

Active

Ended mandates

CONXION

Director · since 18 août 2023 · 0458.974.603

Represented by Chris Debyser

Ended
KEEP IT SIMPLE

Manager · 0480.180.781

Represented by THIERRY LEYSSEN

Ended
KEEP IT SIMPLE

Director · 0480.180.781

Represented by Thierry Leyssen

Ended
KEEP IT SIMPLE

Director · until 31 juillet 2025 · 0480.180.781

Represented by Thierry LEYSSEN

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates03/10/2025
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/09/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office27/07/2016
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates13/02/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/05/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other23/02/2007
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 2025224,8 k €↓
  2. 2024
    Annual accounts 2024232,6 k €↓
  3. 2024
    Name changeITCE
  4. 2023
    Annual accounts 2023496,3 k €↑
  5. 2022
    Annual accounts 2022412,6 k €↑
  6. 2021
    Annual accounts 202172,3 k €↑
  7. 2021
    Name changeIT Centre of Excellence
  8. 2020
    Annual accounts 20205,7 k €↓
  9. 2019
    Annual accounts 201938,4 k €↓
  10. 2018
    Annual accounts 201867 k €↑
  11. 2017
    Annual accounts 201754,7 k €↑
  12. 2016
    Annual accounts 201636,1 k €↑
  13. 2015
    Annual accounts 201510,7 k €↑
  14. 2014
    Annual accounts 2014-7,9 k €↓
  15. 2013
    Annual accounts 201331,1 k €↑
  16. 2012
    Annual accounts 2012-5,7 k €↓
  17. 2011
    Annual accounts 201113,8 k €↓
  18. 2010
    Annual accounts 201053,6 k €↑
  19. 2009
    Annual accounts 200941,8 k €↑
  20. 2008
    Annual accounts 200819,8 k €↑
  21. 2007
    Annual accounts 200714,6 k €
  22. 15/02/2007
    IncorporationPrivate limited company