ACTIVE

ICTS Services

Financial year 2025 · closed on 31/12/2025
Net result
8 k €
+28.9% YoY
Gross margin
3,2 M €
+2.1% YoY
Equity
1,3 M €
+0.6% YoY
Workforce
51,0 ETP
-3.8% YoY

What does ICTS Services do?

ICTS Services is a Public limited company incorporated in 2008. Its main activity is: Repair and maintenance of other transport equipment. Its registered office is in Brugge. It employs on average 51,0 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0899.194.453
Incorporation
04/07/2008
Legal form
Public limited company
Registered office
Lanceloot Blondeellaan 11
8380 Brugge · FlandreSee on map
Contributed capital
1 368 996,60 €
Latest accounts
31/12/2025
Average workforce
51,0 ETP
Joint committees (3)
  • 112
  • 200
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 17 financial years

20252024202320222021202020192018201720162015201420132012201120102009
Income statement
Gross margin3,2 M €3,2 M €2,9 M €2,8 M €2,7 M €2,6 M €2,9 M €2,5 M €2,5 M €2,3 M €2 M €2,3 M €1,8 M €4,6 M €
EBITDA270,4 k €249,6 k €273,3 k €267 k €314,4 k €322,2 k €309,8 k €209,1 k €6,5 k €146 k €140,8 k €-200,4 k €265,8 k €99,5 k €352,8 k €167,1 k €-555,9 k €
Operating result78,6 k €68 k €80,5 k €58,4 k €179,4 k €181 k €193,3 k €102 k €98,5 k €44,3 k €23,4 k €-462,8 k €104,3 k €-39,2 k €191,3 k €-73,7 k €-1 M €
Net result8 k €6,2 k €26 k €53,4 k €205 k €176,5 k €1,2 M €70 k €62 k €10,7 k €-69,1 k €-535,3 k €-47,3 k €-71 k €125,8 k €-140 k €-1,2 M €
Balance sheet
Equity1,3 M €1,3 M €1,3 M €1,3 M €1,2 M €1 M €853,1 k €-390,7 k €-460,6 k €-522,6 k €-533,3 k €-464,1 k €71,1 k €118,5 k €189,4 k €63,6 k €203,6 k €
Total assets3,9 M €4,1 M €3,8 M €2,5 M €2,5 M €2,4 M €2,4 M €2,1 M €1,9 M €1,9 M €1,8 M €2,4 M €2,8 M €3 M €2,7 M €2,7 M €2,4 M €
Cash47,2 k €111,7 k €77,9 k €169,9 k €117,2 k €55,3 k €203,1 k €10,8 k €27,6 k €30,7 k €11,9 k €2,7 k €2,8 k €38,4 k €7,1 k €140,8 k €64,8 k €
Debts2,6 M €2,7 M €2,4 M €1,2 M €1,3 M €1,3 M €1,5 M €2,4 M €2,2 M €2,4 M €2,3 M €2,8 M €2,7 M €2,8 M €2,4 M €2,6 M €2,2 M €
Other
Workforce51,0 ETP53,0 ETP46,1 ETP48,7 ETP47,5 ETP51,2 ETP51,5 ETP44,3 ETP45,2 ETP42,1 ETP42,0 ETP39,7 ETP36,3 ETP39,5 ETP39,7 ETP36,3 ETP61,9 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 · 3 active · 27 ended

Active mandates

Just Splendid

Director · since 01 janvier 2025 · until 11 avril 2028 · 0788.517.651

Represented by Johan De Coster

Active
Havenbedrijf Scheveningen

Chairman of the board of directors · since 10 juin 2015 · until 11 avril 2028

Represented by Michael Coene

Active
International Container & Trailer Services

Managing director · since 10 juin 2015 · until 11 avril 2028

Represented by Jan Coene

Active

Ended mandates

Havenbedrijf Scheveningen

Chairman of the board of directors · since 10 juin 2015 · until 08 juin 2016

Represented by Joop Roijakkers

Ended
Havenbedrijf Scheveningen

Chairman of the board of directors · since 10 juin 2015 · until 31 décembre 2018

Represented by Joop Roijakkers

Ended
Havenbedrijf Scheveningen

Chairman of the board of directors · since 10 juin 2015 · until 12 avril 2022

Represented by Joop Roijakkers

Ended
Havenbedrijf Scheveningen

Chairman of the board of directors · since 10 juin 2015 · until 08 juin 2022

Represented by Joop Roijakkers

Ended
At this address

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0437.577.985
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0771.443.176
GLE HOLDINGActive
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HarbourviewActive
0764.632.291
0809.904.963
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Just SplendidActive
0788.517.651
KolibriActive
0757.758.258
0418.444.637
TRAILER REPAIRActive
0899.402.608
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 date13/05/202608/05/202528/06/202410/05/202329/06/202230/07/2021
General meeting14/04/202608/04/202509/04/202411/04/202312/04/202213/04/2021
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 model31/12/202514/04/202613/05/2026DutchPDF
Abridged model31/12/202408/04/202508/05/2025DutchPDF
Abridged model31/12/202309/04/202428/06/2024DutchPDF
Abridged model31/12/202211/04/202310/05/2023DutchPDF
Abridged model31/12/202112/04/202229/06/2022DutchPDF
Abridged model31/12/202013/04/202130/07/2021DutchPDF
Abridged model31/12/201914/04/202028/05/2020DutchPDF
Abridged model31/12/201812/06/201913/08/2019DutchPDF
Abridged model31/12/201713/06/201813/07/2018DutchPDF
Abridged model31/12/201614/06/201714/07/2017DutchPDF
Full model31/12/201508/06/201608/07/2016DutchPDF
Full model31/12/201410/06/201508/07/2015DutchPDF
Full model31/12/201320/05/201425/06/2014DutchPDF
Abridged model31/12/201227/06/201331/07/2013DutchPDF
Abridged model31/12/201105/06/201205/07/2012DutchPDF
Abridged model31/12/201031/08/201131/08/2011DutchPDF
Abridged modelCorrection31/12/200920/07/201022/10/2010DutchPDF
Abridged model31/12/200920/07/201029/07/2010DutchPDF
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 · 3 active · 27 ended

Active mandates

Just Splendid

Director · since 01 janvier 2025 · until 11 avril 2028 · 0788.517.651

Represented by Johan De Coster

Active
Havenbedrijf Scheveningen

Chairman of the board of directors · since 10 juin 2015 · until 11 avril 2028

Represented by Michael Coene

Active
International Container & Trailer Services

Managing director · since 10 juin 2015 · until 11 avril 2028

Represented by Jan Coene

Active

Ended mandates

Havenbedrijf Scheveningen

Chairman of the board of directors · since 10 juin 2015 · until 08 juin 2016

Represented by Joop Roijakkers

Ended
Havenbedrijf Scheveningen

Chairman of the board of directors · since 10 juin 2015 · until 31 décembre 2018

Represented by Joop Roijakkers

Ended
Havenbedrijf Scheveningen

Chairman of the board of directors · since 10 juin 2015 · until 12 avril 2022

Represented by Joop Roijakkers

Ended
Havenbedrijf Scheveningen

Chairman of the board of directors · since 10 juin 2015 · until 08 juin 2022

Represented by Joop Roijakkers

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office02/07/2026
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates26/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates05/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/12/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/07/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/04/2019
    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. 2025
    Annual accounts 20258 k €
  2. 2024
    Annual accounts 20246,2 k €
  3. 2023
    Annual accounts 202326 k €
  4. 2022
    Annual accounts 202253,4 k €
  5. 2021
    Annual accounts 2021205 k €
  6. 2020
    Annual accounts 2020176,5 k €
  7. 2019
    Annual accounts 20191,2 M €
  8. 2018
    Annual accounts 201870 k €
  9. 2017
    Annual accounts 201762 k €
  10. 2016
    Annual accounts 201610,7 k €
  11. 2015
    Annual accounts 2015-69,1 k €
  12. 2014
    Annual accounts 2014-535,3 k €
  13. 2013
    Annual accounts 2013-47,3 k €
  14. 2012
    Annual accounts 2012-71 k €
  15. 2011
    Annual accounts 2011125,8 k €
  16. 2010
    Annual accounts 2010-140 k €
  17. 2009
    Annual accounts 2009-1,2 M €
  18. 04/07/2008
    IncorporationPublic limited company