ACTIVE

ICS4U

Financial year 2025 · closed on 31/12/2025
Net result
41,1 k €
+33.0% YoY
Gross margin
162,7 k €
-21.1% YoY
Equity
22,2 k €
-72.6% YoY
Workforce
1,6 ETP
-36.0% YoY

What does ICS4U do?

ICS4U is a Private limited company incorporated in 2007. Its main activity is: Joinery installation. Its registered office is in Kortrijk. It employs on average 1,6 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0888.020.845
Incorporation
16/03/2007
Legal form
Private limited company
Registered office
Beneluxpark(Kor) 23
8500 Kortrijk · FlandreSee on map
Contributed capital
18 550,00 €
Latest accounts
31/12/2025
Average workforce
1,6 ETP
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Gross margin162,7 k €206,2 k €221 k €162 k €170,2 k €141,5 k €182,9 k €186 k €134,5 k €117 k €32,4 k €4,4 k €-17,1 k €147,3 k €13,2 k €-30 k €68,9 k €213,3 k €
EBITDA57,7 k €47 k €20,9 k €-26,3 k €-14,4 k €12 k €2,6 k €62,8 k €20,9 k €55,6 k €-1,6 k €-10,7 k €-23,7 k €134,5 k €-33,4 k €-86,6 k €13,9 k €149,1 k €
Operating result57,5 k €45 k €19,6 k €-27,6 k €-15,2 k €6 k €-2,5 k €58,7 k €18,9 k €53,5 k €-4,9 k €-13,5 k €-26,9 k €131,1 k €-36,8 k €-89,2 k €10,2 k €144,3 k €
Net result41,1 k €30,9 k €15,6 k €-30 k €-10,2 k €1,4 k €-5,2 k €31,1 k €11,7 k €34,9 k €-5,4 k €-10,8 k €-27,1 k €108,9 k €-39,1 k €-49,4 k €4,8 k €90,4 k €
Balance sheet
Equity22,2 k €81 k €80,1 k €64,5 k €88,3 k €98,5 k €97,2 k €102,3 k €101,2 k €119,6 k €84,7 k €90,1 k €100,8 k €128 k €19,1 k €58,2 k €107,6 k €102,8 k €
Total assets289 k €400,1 k €306,9 k €158,8 k €189 k €228,1 k €404,3 k €234,8 k €489,4 k €415,5 k €527 k €259,3 k €388,8 k €369,3 k €215,6 k €163,9 k €594,4 k €334,4 k €
Cash187,4 k €100,9 k €16,4 k €22,3 k €37,4 k €71,5 k €30,5 k €75 k €84,4 k €161,8 k €62,4 k €23,9 k €18,6 k €112,4 k €15 k €54,5 k €39,4 k €15,3 k €
Debts260,2 k €251,3 k €182,8 k €94,2 k €100,7 k €129,6 k €307,1 k €132,5 k €285,5 k €295,9 k €442,3 k €169,2 k €282,8 k €232,7 k €190,5 k €101,5 k €444,5 k €181 k €
Other
Workforce1,6 ETP2,5 ETP3,3 ETP3,5 ETP3,5 ETP3,5 ETP3,8 ETP2,5 ETP2,4 ETP1,3 ETP0,8 ETP0,4 ETP0,1 ETP1,0 ETP0,9 ETP1,0 ETP0,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

AGEVER SARL

Director · since 15 novembre 2008 · 0808.279.521

Represented by VANBUTSELE Stefaan

Active

Ended mandates

AGEVER SARL

Manager · since 15 novembre 2008

Represented by STEFAAN VANBUTSELE

Ended
STEFAAN VANBUTSELE

Manager · since 13 mars 2007 · until 15 novembre 2008

Ended
AGEVER

Director · 0808.279.521

Represented by VANBUTSELE STEFAAN

Ended
AGEVER SARL

Manager

Represented by STEFAAN VANBUTSELE

Ended
At this address

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1028.603.044
Annual accounts

Full financial information

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 date16/06/202629/08/202530/08/202430/08/202331/08/202230/08/2021
General meeting08/05/202609/05/202510/05/202412/05/202313/05/202214/05/2021
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
Abridged model31/12/202508/05/202616/06/2026DutchPDF
Abridged model31/12/202409/05/202529/08/2025DutchPDF
Abridged model31/12/202310/05/202430/08/2024DutchPDF
Abridged model31/12/202212/05/202330/08/2023DutchPDF
Abridged model31/12/202113/05/202231/08/2022DutchPDF
Abridged model31/12/202014/05/202130/08/2021DutchPDF
Abridged model31/12/201908/05/202024/07/2020DutchPDF
Abridged model31/12/201810/05/201930/08/2019DutchPDF
Abridged model31/12/201711/05/201831/08/2018DutchPDF
Abridged model31/12/201612/05/201726/06/2017DutchPDF
Abridged model31/12/201513/05/201629/08/2016DutchPDF
Abridged model31/12/201408/05/201527/08/2015DutchPDF
Abridged model31/12/201309/05/201429/08/2014DutchPDF
Abridged model31/12/201210/05/201330/08/2013DutchPDF
Abridged model31/12/201111/05/201229/08/2012DutchPDF
Abridged model31/12/201013/05/201131/08/2011DutchPDF
Abridged model31/12/200914/05/201031/08/2010DutchPDF
Abridged model31/12/200808/05/200931/08/2009DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 · 6 ended

Active mandates

AGEVER SARL

Director · since 15 novembre 2008 · 0808.279.521

Represented by VANBUTSELE Stefaan

Active

Ended mandates

AGEVER SARL

Manager · since 15 novembre 2008

Represented by STEFAAN VANBUTSELE

Ended
STEFAAN VANBUTSELE

Manager · since 13 mars 2007 · until 15 novembre 2008

Ended
AGEVER

Director · 0808.279.521

Represented by VANBUTSELE STEFAAN

Ended
AGEVER SARL

Manager

Represented by STEFAAN VANBUTSELE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates20/04/2026
    WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/02/2015
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates17/12/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other26/03/2007
    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

Timeline

  1. 2025
    Annual accounts 202541,1 k €
  2. 2024
    Annual accounts 202430,9 k €
  3. 2023
    Annual accounts 202315,6 k €
  4. 2022
    Annual accounts 2022-30 k €
  5. 2021
    Annual accounts 2021-10,2 k €
  6. 2020
    Annual accounts 20201,4 k €
  7. 2019
    Annual accounts 2019-5,2 k €
  8. 2018
    Annual accounts 201831,1 k €
  9. 2017
    Annual accounts 201711,7 k €
  10. 2016
    Annual accounts 201634,9 k €
  11. 2015
    Annual accounts 2015-5,4 k €
  12. 2014
    Annual accounts 2014-10,8 k €
  13. 2013
    Annual accounts 2013-27,1 k €
  14. 2012
    Annual accounts 2012108,9 k €
  15. 2011
    Annual accounts 2011-39,1 k €
  16. 2010
    Annual accounts 2010-49,4 k €
  17. 2009
    Annual accounts 20094,8 k €
  18. 2008
    Annual accounts 200890,4 k €
  19. 16/03/2007
    IncorporationPrivate limited company