Summary
IPCOM has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €86.36M and a net result of €-10.77M. Equity remains stable across the filed fiscal years (±0.7% per year). Its solvency ranks better than 20% of 3187 sector peers (fiscal year 2025). The company has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit advice for your own amount and term
Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
181922232425
2018 to 2025 · latest year €86.36M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-07-2026, 21 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
21 d early
2024
43 d late
2023
35 d early
2022
27 d early
2021
26 d early
2020
25 d early
2019
18 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema, statutory accounts
Turnover
€9.36M▲ 37.0%
2024 · €6.83M
2018: €4.40M
2019: €4.83M
2022: €7.80M
2023: €6.20M
2024: €6.83M
2018 → 2025
EBIT margin
-13.2%▲ 3.9pp
2024 · -17.1%
2018: 2.4%
2019: -4.8%
2022: -19.8%
2023: -19.3%
2024: -17.1%
2018 → 2025
Net result
€-10.77M▼ 47.1%
2024 · €-7.32M
2018: €73.25M
2019: €566k
2022: €3.04M
2023: €-3.51M
2024: €-7.32M
2018 → 2025
Working capital
€-19.75M▼ 89.8%
2024 · €-10.41M
2018: €11.70M
2019: €-10.69M
2022: €-16.91M
2023: €-13.17M
2024: €-10.41M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192022202320242025Trend
Turnover€4.83M-€7.80M▲ 61.6%€6.20M▼ 20.5%€6.83M▲ 10.2%€9.36M▲ 37.0%
Equity€70.38M-€67.91M▼ 3.5%€64.39M▼ 5.2%€66.94M▲ 3.9%€86.36M▲ 29.0%
Operating result€-231k-€-1.55M▼ 570%€-1.20M▲ 22.6%€-1.17M▲ 2.5%€-1.24M▼ 5.8%
Net result€566k-€3.04M▲ 437%€-3.51M€-7.32M▼ 108%€-10.77M▼ 47.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1.24M in 2025 against €1.17M in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €487.54M
Fixed assets
€402.03M ▲ 43.4%
Current assets
€85.51M ▲ 74.4%
Equity and liabilities €487.54M
Equity
€86.36M ▲ 29.0%
Debt
€401.17M ▲ 52.9%
Debt's share of the balance-sheet total rises from 79.7% to 82.3%. Equity and debt are higher.
Key figures and ratios
ROE
-12.5%▼
2024 · -10.9%
ROA
-2.2%▲
2024 · -2.2%
Debt ≤ 1 year
€105.26M▲
2024 · €59.42M
Debt > 1 year
€290.21M▲
2024 · €199.22M
Staff costs
€2.18M▲
2024 · €1.59M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 71 lines
Balance sheet
Code20242025
Assets
Total assets20/58€329.38M€487.54M▲
Fixed assets21/28€280.36M€402.03M▲
Intangible fixed assets21€24k€153k▲
Tangible fixed assets22/27€144k€128k▼
Furniture and vehicles24€39k€42k▲
Other tangible fixed assets26€106k€85k▼
Financial fixed assets28€280.19M€401.75M▲
Affiliated companies280/1€279.40M€400.76M▲
Participating interests280€136.68M€224.16M▲
Amounts receivable281€142.73M€176.60M▲
Other financial fixed assets284/8€787k€991k▲
Amounts receivable and cash guarantees285/8€787k€991k▲
Current assets29/58€49.02M€85.51M▲
Amounts receivable within one year40/41€37.37M€57.80M▲
Trade receivables40€2.99M€7.39M▲
Other amounts receivable41€34.38M€50.41M▲
Cash at bank and in hand54/58€11.28M€26.99M▲
Deferred charges and accrued income490/1€366k€723k▲
Equity and liabilities
Total equity and liabilities10/49€329.38M€487.54M▲
Equity10/15€66.94M€86.36M▲
Contributions10/11€49.63M€79.82M▲
Capital10€49.63M€79.82M▲
Issued capital100€49.63M€79.82M▲
Reserves13€17.31M€6.54M▼
Non-distributable reserves130/1€3.98M€3.98M=
Legal reserve130€3.98M€3.98M=
Distributable reserves133€13.33M€2.56M▼
Amounts payable17/49€262.44M€401.17M▲
Amounts payable after more than one year17€199.22M€290.21M▲
Financial debts170/4€199.22M€290.21M▲
Other loans174€199.22M€290.21M▲
Amounts payable within one year42/48€59.42M€105.26M▲
Current portion of amounts payable after more than one year42€3.71M€10.00M▲
Trade debts44€2.02M€4.04M▲
Suppliers440/4€2.02M€4.04M▲
Taxes, remuneration and social security45€411k€610k▲
Taxes450/3€63k€66k▲
Remuneration and social security454/9€348k€544k▲
Other amounts payable47/48€53.27M€90.61M▲
Accrued charges and deferred income492/3€3.80M€5.70M▲
Income statement
Code20242025
Operating income70/76A€9.58M€13.16M▲
Turnover70€6.83M€9.36M▲
Other operating income74€2.75M€3.80M▲
Non-recurring operating income76A€95-
Operating charges60/66A€10.75M€14.40M▲
Services and other goods61€9.02M€11.98M▲
Remuneration, social security and pensions62€1.59M€2.18M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79k€80k▲
Other operating charges640/8€65k€153k▲
Non-recurring operating charges66A€938-
Operating profit (loss)9901€-1.17M€-1.24M▼
Financial income75/76B€9.25M€19.85M▲
Recurring financial income75€9.25M€19.85M▲
Income from financial fixed assets750€7.87M€18.98M▲
Income from current assets751€363k€446k▲
Other financial income752/9€1.02M€423k▼
Non-recurring financial income76B-€4k
Financial charges65/66B€15.40M€29.39M▲
Recurring financial charges65€15.40M€29.39M▲
Debt charges650€15.20M€26.34M▲
Other financial charges652/9€198k€3.05M▲
Profit (loss) for the period before taxes9903€-7.32M€-10.77M▼
Income taxes67/77€4k-
Taxes670/3€4k-
Tax adjustments and reversals of tax provisions77€342-
Profit (loss) for the period9904€-7.32M€-10.77M▼
Profit (loss) for the period to be appropriated9905€-7.32M€-10.77M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7.32M€-10.77M▼
Transfer from equity791/2€7.32M€10.77M▲
From reserves792€7.32M€10.77M▲
Social balance
Average headcount (FTE)908714.618.6▲
The notes to these accounts (62 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-09
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital · Statutes amendment5 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital · Statutes amendment5 facts ▸
- General meeting, buitengewone algemene vergadering, enige aandeelhouder
- Capital increase, €25.000.000
- Capital, €204.822.405,18
- Statutes amendment, 5
- Declaration, chairman declaration and attendees' acknowledgment that the cash contribution was fully paid, 25000000.0
27-07
State Gazette act
Capital & shares · RestructuringPermanent representatives: Remco BOEREFIJN and Luc DE BUSSCHER · Merger · Accounting effect8 facts ▸
State Gazette act
Capital & shares · Restructuring
Permanent representatives: Remco BOEREFIJN and Luc DE BUSSCHER · Merger · Accounting effect8 facts ▸
- General meeting, 30/06/2026
- Merger, met fusie door overneming gelijkgestelde verrichting
- Accounting effect, onmiddellijk nadat de met fusie door overneming gelijkgestelde verrichting waarbij IPCOM MIDCO 1 IPCOM MIDCO 2 overneemt in werking is getreden
- Board meeting, 08/05/2026
- Permanent representative, Remco BOEREFIJN
- Permanent representative, Luc DE BUSSCHER
- Mandate compensation, BTX Consult
- Mandate compensation, LDB CONSULTING
10-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
01-07
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital · Statutes amendment4 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital · Statutes amendment4 facts ▸
- General meeting, 22-06-2026
- Capital increase, €100.000.000
- Capital, €179.822.405,18
- Statutes amendment
2025
31-12
Financial
Weakest financial yearnet €-10.77M
Net result drops to €-10.77M, the lowest in the series.
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 43 days late
10-04
State Gazette act
Capital & shares · Statutes amendment · MiscellaneousCapital increase · Bank account · Capital8 facts ▸
State Gazette act
Capital & shares · Statutes amendment · Miscellaneous
Capital increase · Bank account · Capital8 facts ▸
- General meeting, 3 april 2025
- Capital increase, €30.195.000
- Bank account, 2 april 2025
- Capital, €79.822.405,18
- Power of attorney, Luc De Busscher
- Statute coordination, coördinatie van de statuten
- Capital subscription, €30.195.000,00
- Statutes amendment, 5
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
21-03
State Gazette act
Capital & shares · Statutes amendment · MiscellaneousCapital increase · Bank account · Capital6 facts ▸
State Gazette act
Capital & shares · Statutes amendment · Miscellaneous
Capital increase · Bank account · Capital6 facts ▸
- General meeting, 27 februari 2024
- Capital increase, €9.862.500
- Bank account, BE85 3630 6392 9306
- Capital, €49.627.405,18
- Power of attorney, Luc De Busscher
- Statutes amendment
30-01
State Gazette act
Appointment: Ernst en Young Bedrijfsrevisoren (statutory auditor)Permanent representatives: Evelien DE GROOTE and Lieve Cornelis · Resignation: Ernst en Young Bedrijfsrevisoren (statutory auditor) · Statutes amendment9 facts ▸
State Gazette act
Appointment: Ernst en Young Bedrijfsrevisoren (statutory auditor)
Permanent representatives: Evelien DE GROOTE and Lieve Cornelis · Resignation: Ernst en Young Bedrijfsrevisoren (statutory auditor) · Statutes amendment9 facts ▸
- General meeting, 22 december 2023
- Statutes amendment
- Capital, €39.764.905,18
- Auditor appointment, Ernst en Young Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Evelien DE GROOTE
- Director resignation, Ernst en Young Bedrijfsrevisoren (statutory auditor)
- Permanent representative, Lieve Cornelis
- Director discharge, Ernst en Young Bedrijfsrevisoren
- Power of attorney, Luc De Busscher
2023
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
16-03
State Gazette act
Reappointment: BTX Consult BV (director)Permanent representatives: Remco Boerefijn, Lieve Cornelis BV and Lieve Cornelis · Appointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)6 facts ▸
State Gazette act
Reappointment: BTX Consult BV (director)
Permanent representatives: Remco Boerefijn, Lieve Cornelis BV and Lieve Cornelis · Appointment: Ernst & Young Bedrijfsrevisoren BV (statutory auditor)6 facts ▸
- General meeting, 10/06/2022
- Director reappointment, BTX Consult BV (director)
- Permanent representative, Remco Boerefijn
- Auditor appointment, Ernst & Young Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Lieve Cornelis BV
- Permanent representative, Lieve Cornelis
Show earlier events
09-01
State Gazette act
Resignations: Patrick Herman, Riccardo Monti and 2 othersAppointments: LDB Consulting (director) and BTX Consult (director) · Permanent representatives: Luc De Busscher and Remco Boerefijn · Mandate compensation11 facts ▸
State Gazette act
Resignations: Patrick Herman, Riccardo Monti and 2 others
Appointments: LDB Consulting (director) and BTX Consult (director) · Permanent representatives: Luc De Busscher and Remco Boerefijn · Mandate compensation11 facts ▸
- General meeting, 13/10/2022
- Director resignation, Patrick Herman (director)
- Director resignation, Riccardo Monti (director)
- Director resignation, Minh-Tam Rothacker Do (director)
- Director resignation, Willem Noorlander (director)
- Director appointment, LDB Consulting (director)
- Permanent representative, Luc De Busscher
- Director appointment, BTX Consult (director)
- Permanent representative, Remco Boerefijn
- Mandate compensation, LDB Consulting
- Mandate compensation, BTX Consult
2022
17-11
State Gazette act
Permanent representatives: Luc De Busscher and Daniël Van Den BrandenPower of attorney4 facts ▸
State Gazette act
Permanent representatives: Luc De Busscher and Daniël Van Den Branden
Power of attorney4 facts ▸
- Board meeting, 22/08/2022
- Permanent representative, Luc De Busscher
- Permanent representative, Daniël Van Den Branden
- Power of attorney, Allen & Overy (Belgium) LLP
29-07
State Gazette act
Capital & sharesShare concentration · Power of attorney6 facts ▸
State Gazette act
Capital & shares
Share concentration · Power of attorney6 facts ▸
- Board meeting, 15/06/2022
- Share concentration, concentration of shares in one hand, alle
- Power of attorney, Susana Gonzalez Melon
- Power of attorney, Pieter-Jan Laleman
- Power of attorney, Alexandre Holvoet
- Power of attorney, Allen & Overy (Belgium) LLP
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
08-02
State Gazette act
Resignation: Valentina Pippolo (director)Appointment: Riccardo Monti (director)3 facts ▸
State Gazette act
Resignation: Valentina Pippolo (director)
Appointment: Riccardo Monti (director)3 facts ▸
- Board meeting, 16/12/2020
- Director resignation, Valentina Pippolo (director)
- Director appointment, Riccardo Monti (director)
26-01
State Gazette act
Resignation: David Kusters (director)Appointment: Bianca Rothacker (director)3 facts ▸
State Gazette act
Resignation: David Kusters (director)
Appointment: Bianca Rothacker (director)3 facts ▸
- General meeting, 12/06/2020
- Director resignation, David Kusters (director)
- Director appointment, Bianca Rothacker (director)
26-01
State Gazette act
Resignation: David Kusters (director)Appointment: Bianca Rothacker Do (director)3 facts ▸
State Gazette act
Resignation: David Kusters (director)
Appointment: Bianca Rothacker Do (director)3 facts ▸
- Board meeting, 21/04/2020
- Director resignation, David Kusters (director)
- Director appointment, Bianca Rothacker Do (director)
2020
18-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 18 days late
19-06
State Gazette act
Appointment: Ernst en Young Bedrijfsrevisoren CVBA (statutory auditor)Permanent representative: BVBA L. Cornelis3 facts ▸
State Gazette act
Appointment: Ernst en Young Bedrijfsrevisoren CVBA (statutory auditor)
Permanent representative: BVBA L. Cornelis3 facts ▸
- Written resolution, 14/06/2019
- Auditor appointment, Ernst en Young Bedrijfsrevisoren CVBA (statutory auditor)
- Permanent representative, BVBA L. Cornelis
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
21-06
State Gazette act
Resignation: BVBA Bemard Vercaemst (director)Appointment: BTX Consult BV (director) · Permanent representative: Remco Boerefijn · Director discharge8 facts ▸
State Gazette act
Resignation: BVBA Bemard Vercaemst (director)
Appointment: BTX Consult BV (director) · Permanent representative: Remco Boerefijn · Director discharge8 facts ▸
- General meeting, 29/01/2019
- Board meeting, 29/01/2019
- Director resignation, BVBA Bemard Vercaemst (director)
- Director discharge, BVBA Bemard Vercaemst
- Director appointment, BTX Consult BV (director)
- Permanent representative, Remco Boerefijn
- Director resignation, BVBA Bemard Vercaemst (gedelegeerd bestuurder van de raad van bestuur)
- Director appointment, BTX Consult BV (gedelegeerd bestuurder van de raad van bestuur)
21-06
State Gazette act
Permanent representatives: Luc De Busscher and Remco BoerefijnRegistered-office move4 facts ▸
State Gazette act
Permanent representatives: Luc De Busscher and Remco Boerefijn
Registered-office move4 facts ▸
- Board meeting, 24/04/2019
- Registered-office move, 9090 Melle, Brusselsesteenweg 94- 201
- Permanent representative, Luc De Busscher
- Permanent representative, Remco Boerefijn
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · consolidated
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
13-02
State Gazette act
Resignations: VNI Invest BVBA, VCA Invest BVBA and 5 othersAppointments: Patrick Herman, Valentina Pippolo and 4 others · Permanent representatives: Luc De Busscher and Bernard Vercaemst · Power of attorney20 facts ▸
State Gazette act
Resignations: VNI Invest BVBA, VCA Invest BVBA and 5 others
Appointments: Patrick Herman, Valentina Pippolo and 4 others · Permanent representatives: Luc De Busscher and Bernard Vercaemst · Power of attorney20 facts ▸
- Shareholder resolution, 19/12/2017
- Director resignation, VNI Invest BVBA (director)
- Director resignation, VCA Invest BVBA (director)
- Director resignation, ISOCO B.V. (director)
- Director resignation, FV Management BVBA (director)
- Director resignation, Frank Vlayen (director)
- Director resignation, Nathalie Clybouw (director)
- Director resignation, Prospectco NV (director)
- Director appointment, Patrick Herman (director)
- Director appointment, Valentina Pippolo (director)
- Director appointment, David Kusters (director)
- Director appointment, Wim Noorlander (director)
- +8 further facts in this act
26-01
State Gazette act
Capital & shares · Statutes amendmentStatutes amendment · Capital · Approval4 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Statutes amendment · Capital · Approval4 facts ▸
- General meeting, 19/12/2017
- Statutes amendment
- Capital, €39.764.905,18
- Approval, Goedkeuring van de bepalingen van de senior facilities agreement die binnen het toepassingsgebied van artikel 556 van het Wetboek van vennootschappen vallen
2016
14-12
State Gazette act
Appointment: VANDELANOTTE BEDRIJFSREVISOREN (statutory auditor)Permanent representatives: Nikolaas Vandelanotte, Nico Vermeersch and 3 others · Reappointments: VNI Invest bvba, VCA Invest bvba and 5 others15 facts ▸
State Gazette act
Appointment: VANDELANOTTE BEDRIJFSREVISOREN (statutory auditor)
Permanent representatives: Nikolaas Vandelanotte, Nico Vermeersch and 3 others · Reappointments: VNI Invest bvba, VCA Invest bvba and 5 others15 facts ▸
- General meeting, 15/07/2016
- Auditor appointment, VANDELANOTTE BEDRIJFSREVISOREN (statutory auditor)
- Permanent representative, Nikolaas Vandelanotte
- Director reappointment, VNI Invest bvba (class A director)
- Permanent representative, Nico Vermeersch
- Director reappointment, VCA Invest bvba (class A director)
- Permanent representative, Carlo Vermeersch
- Director reappointment, Isoco bv (class B director)
- Permanent representative, Frank Vlayen
- Director reappointment, FV Management bvba (class B director)
- Permanent representative, Frank Vlayen
- Director reappointment, Frank Vlayen (class B director)
- +3 further facts in this act
29-11
State Gazette act
Capital & sharesCapital increase · Capital4 facts ▸
State Gazette act
Capital & shares
Capital increase · Capital4 facts ▸
- General meeting, 02/11/2016
- Capital increase, €1.425.196,52
- Capital increase, €3.813.784,23
- Capital, €39.764.905,18
29-09
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital · Statutes amendment9 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital · Statutes amendment9 facts ▸
- General meeting, 08/09/2016
- Capital increase, €252.291,99
- Capital increase, €676.158,01
- Capital, €34.525.924,43
- Statutes amendment
- Share class issued, 145490, 64372
- Subscription, door de bestaande aandeelhouders in verhouding tot hun aandelenbezit
- Payment, volledig volstort, zoals blijkt uit een attest van deponering van het gestorte kapitaal, afgeleverd door ING Bank
- Share class final, 8636662, 19520330
06-07
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital · Statutes amendment5 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital · Statutes amendment5 facts ▸
- General meeting, 14/06/2016
- Capital increase, €1.784.568,5
- Capital increase, €6.235.316,52
- Capital, €33.597.474,43
- Statutes amendment
2015
31-07
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital · Statutes amendment4 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital · Statutes amendment4 facts ▸
- General meeting, 07/07/2015
- Capital increase, €512.303,91
- Capital, €25.577.589,41
- Statutes amendment
10-07
State Gazette act
Capital & sharesCapital increase · Capital · Statutes amendment4 facts ▸
State Gazette act
Capital & shares
Capital increase · Capital · Statutes amendment4 facts ▸
- General meeting, 24/06/2015
- Capital increase, €7.741.610,22
- Capital, €25.065.285,5
- Statutes amendment
12-06
State Gazette act
Capital & shares · Statutes amendmentCapital decrease · Capital · Statutes amendment4 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital decrease · Capital · Statutes amendment4 facts ▸
- General meeting, 26/05/2015
- Capital decrease, €20.000.000
- Capital, €17.323.675,28
- Statutes amendment
26-05
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital · Statutes amendment4 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital · Statutes amendment4 facts ▸
- General meeting, 04/05/2015
- Capital increase, €260.000
- Capital, €37.323.675,28
- Statutes amendment
13-05
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital · Statutes amendment4 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital · Statutes amendment4 facts ▸
- General meeting, 27/04/2015
- Capital increase, €1.940.545,16
- Capital, €37.063.675,28
- Statutes amendment
08-04
State Gazette act
Capital & sharesGeneral meeting1 fact ▸
State Gazette act
Capital & shares
General meeting1 fact ▸
- General meeting, 05/03/2015
10-02
State Gazette act
Capital & sharesCapital increase · Capital · Statutes amendment4 facts ▸
State Gazette act
Capital & shares
Capital increase · Capital · Statutes amendment4 facts ▸
- General meeting, 20-01-2015
- Capital increase, €886.556,12
- Capital, €35.123.130,12
- Statutes amendment
2014
23-10
State Gazette act
Permanent representatives: Frank Vlayen and Bart Elema2 facts ▸
State Gazette act
Permanent representatives: Frank Vlayen and Bart Elema
2 facts ▸
- Permanent representative, Frank Vlayen
- Permanent representative, Bart Elema
10-04
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital · Statutes amendment4 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital · Statutes amendment4 facts ▸
- General meeting, 26/03/2014
- Capital increase, €3.440.000
- Capital, €34.236.574
- Statutes amendment
2013
30-09
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital · Statutes amendment6 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital · Statutes amendment6 facts ▸
- General meeting, 23-09-2013
- Capital increase, €4.432.000
- Capital, €30.796.574
- Statutes amendment
- Share split, 1:1.2595917, 24.070.185
- Share renumbering, ja
08-08
State Gazette act
Appointment: Vandelanotte Bedrijfsrevisoren BVBA (statutory auditor)2 facts ▸
State Gazette act
Appointment: Vandelanotte Bedrijfsrevisoren BVBA (statutory auditor)
2 facts ▸
- General meeting, 14/06/2013
- Auditor appointment, Vandelanotte Bedrijfsrevisoren BVBA (statutory auditor)
08-07
State Gazette act
Capital & shares · Statutes amendmentRegistered-office move · Capital increase · Capital deposit8 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Registered-office move · Capital increase · Capital deposit8 facts ▸
- General meeting, 20/06/2013
- Registered-office move, 9820 Merelbeke, Guldensporenpark 120, bus 6
- Capital increase, €5.433.527
- Capital deposit
- Capital, €26.364.575
- Share class, A, 5.446.212
- Share class, B, 12.309.372
- Share class, C, 1.353.929
11-04
State Gazette act
Registered officeRegistered-office move2 facts ▸
State Gazette act
Registered office
Registered-office move2 facts ▸
- Board meeting, 20/03/2013
- Registered-office move, Business center "The Crescent" - Guldensporenpark 120 bus 6-9820 Merelbeke
2011
05-08
State Gazette act
Capital & sharesGeneral meeting1 fact ▸
State Gazette act
Capital & shares
General meeting1 fact ▸
- General meeting, 15/07/2011
10-03
State Gazette act
Capital & shares · Statutes amendment · Resignations & appointmentsApproval · Capital increase · Bank account8 facts ▸
State Gazette act
Capital & shares · Statutes amendment · Resignations & appointments
Approval · Capital increase · Bank account8 facts ▸
- General meeting, 18/02/2011
- Approval, 18/02/2011
- Capital increase, €5.772.444
- Bank account, deposit certificate for capital increase
- Capital, €17.755.584
- Statutes amendment
- Power of attorney, Marie VANDENBRANDE
- Power of attorney, Davinia MARTENS-RAES
10-03
State Gazette act
Appointment: PROSPECTCO (director)Permanent representative: LENAERTS Guy Frans Maria · Capital increase · Capital9 facts ▸
State Gazette act
Appointment: PROSPECTCO (director)
Permanent representative: LENAERTS Guy Frans Maria · Capital increase · Capital9 facts ▸
- General meeting, 18/02/2011
- Capital increase, €1.353.929
- Capital increase, €1.821.535
- Capital, €20.931.048
- Director appointment, PROSPECTCO (director)
- Permanent representative, LENAERTS Guy Frans Maria
- Power of attorney, Marie VANDENBRANDE
- Power of attorney, Davinia MARTENS-RAES
- Share classes
08-03
State Gazette act
Capital & shares · MiscellaneousShareholder resolution1 fact ▸
State Gazette act
Capital & shares · Miscellaneous
Shareholder resolution1 fact ▸
- Shareholder resolution, 18/02/2011
26-01
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital · Power of attorney5 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital increase · Capital · Power of attorney5 facts ▸
- General meeting, 22/12/2010
- Capital increase, €438.140
- Capital, €11.983.140
- Power of attorney, VANDENBRANDE Marie
- Power of attorney, MARTENS-RAES Davinia
20-01
State Gazette act
Appointment: VANDELANOTTE BEDRIJFSREVISOREN (statutory auditor)Mandate term3 facts ▸
State Gazette act
Appointment: VANDELANOTTE BEDRIJFSREVISOREN (statutory auditor)
Mandate term3 facts ▸
- General meeting, 09/12/2010
- Auditor appointment, VANDELANOTTE BEDRIJFSREVISOREN (statutory auditor)
- Mandate term, einde onmiddellijk na de gewone algemene vergadering te houden in 2013
2010
31-12
State Gazette act
Resignation: FV Consult BVBA (director)Appointment: FV Management BVBA (director) · Permanent representative: Frank Vlayen · Mandate compensation5 facts ▸
State Gazette act
Resignation: FV Consult BVBA (director)
Appointment: FV Management BVBA (director) · Permanent representative: Frank Vlayen · Mandate compensation5 facts ▸
- General meeting, 08/12/2010
- Director resignation, FV Consult BVBA (director)
- Director appointment, FV Management BVBA (director)
- Permanent representative, Frank Vlayen
- Mandate compensation, FV Management BVBA
09-09
State Gazette act
Appointments: VéDéWé Consult (director) and Nathalie Clybouw (director)Permanent representative: Frédéric Van den Weghe · Mandate compensation6 facts ▸
State Gazette act
Appointments: VéDéWé Consult (director) and Nathalie Clybouw (director)
Permanent representative: Frédéric Van den Weghe · Mandate compensation6 facts ▸
- General meeting, 05/08/2010
- Director appointment, VéDéWé Consult (director)
- Director appointment, Nathalie Clybouw (director)
- Permanent representative, Frédéric Van den Weghe
- Mandate compensation, VéDéWé Consult
- Mandate compensation, Nathalie Clybouw
25-08
State Gazette act
Resignation: VéDéWé CONSULT (director)Appointments: VNI INVEST, VCA INVEST and 4 others · Permanent representatives: VERMEERSCH Nico Roger, VERMEERSCH Carlo and 2 others · Capital increase14 facts ▸
State Gazette act
Resignation: VéDéWé CONSULT (director)
Appointments: VNI INVEST, VCA INVEST and 4 others · Permanent representatives: VERMEERSCH Nico Roger, VERMEERSCH Carlo and 2 others · Capital increase14 facts ▸
- General meeting, 05/08/2010
- Capital increase, €3.463.500
- Capital, €11.545.000
- Director resignation, VéDéWé CONSULT (director)
- Director appointment, VNI INVEST (class A director)
- Permanent representative, VERMEERSCH Nico Roger
- Director appointment, VCA INVEST (class A director)
- Permanent representative, VERMEERSCH Carlo
- Director appointment, VLAYEN Frank Jozef Paul (class B director)
- Director appointment, ISOCO B.V. (class B director)
- Permanent representative, ELEMA Bart
- Director appointment, FV CONSULT (class B director)
- +2 further facts in this act
24-08
State Gazette act
Capital & shares · Statutes amendmentName change · Approval · Capital increase11 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Name change · Approval · Capital increase11 facts ▸
- General meeting, 05/08/2010
- Name change, IPCОМ
- Approval, goedkeuring van het verslag van de raad van bestuur en het verslag van de bedrijfsrevisor met betrekking tot de quasi-inbreng
- Capital increase, €8.019.500
- Capital, €8.081.500
- Statutes amendment
- Power of attorney, VANDENBRANDE Marie
- Power of attorney, MARTENS-RAES Davinia
- Quasi contribution, 100% aandelen Vermeersch Logistics NV, in speciën
- Share purchase agreement, 16/07/2010
- Auditor report date, 30/07/2010
27-07
State Gazette act
IncorporationAppointments: ISOCO B.V. (director) and FV CONSULT (director) · Permanent representatives: ELEMA Bart Tonnis and VLAYEN Frank Jozef Paul · Founder13 facts ▸
State Gazette act
Incorporation
Appointments: ISOCO B.V. (director) and FV CONSULT (director) · Permanent representatives: ELEMA Bart Tonnis and VLAYEN Frank Jozef Paul · Founder13 facts ▸
- Incorporation, 13/07/2010
- Founder, ISOCO B.V.
- Founding capital, €62.000
- Bank account, Dexia Bank
- Director appointment, ISOCO B.V. (director)
- Director appointment, FV CONSULT (director)
- Mandate compensation, ISOCO B.V.
- Mandate compensation, FV CONSULT
- Permanent representative, ELEMA Bart Tonnis
- Permanent representative, VLAYEN Frank Jozef Paul
- Power of attorney, B-DOCS
- Subscriber, WPEF IV HOLDING COÖPERATIEF W.A.
- +1 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 directors, no change since 2022
BTX Consult
CurrentDirector · since 13-10-2022 · Legal entity · perm. rep.: Remco Boerefijn
Bianca Rothacker
CurrentDirector · since 15-04-2020
Bianca Rothacker Do
CurrentDirector · since 15-04-2020
BTX Consult BV
CurrentDirector · since 29-01-2019 · Legal entity · perm. rep.: Remco Boerefijn
LDB CONSULTING
CurrentDirector · since 19-12-2017 · Private limited company · perm. rep.: Luc De Busscher
BERNARD VERCAEMST
Not recently confirmedDirector · since 19-12-2017 · Private limited company · perm. rep.: Bernard Vercaemst
5 other directors
Wim Noorlander
Not recently confirmedDirector · since 19-12-2017
Isoco bv
Not recently confirmedClass B director · since 15-07-2016 · Legal entity · perm. rep.: Frank Vlayen
FV CONSULT
Not recently confirmedClass B director · since 25-08-2010 · Legal entity · perm. rep.: VLAYEN Frank
ISOCO B.V.
Not recently confirmedClass B director · since 27-07-2010 · Legal entity · perm. rep.: ELEMA Bart
VLAYEN Frank Jozef Paul
Not recently confirmedClass B director · since 25-08-2010
13-10-2022
BTX Consult: Appointed as Director
13-10-2022
LDB CONSULTING: Appointed as Director
13-10-2022
Minh-Tam Rothacker Do: Resigned as Director
13-10-2022
Patrick Herman: Resigned as Director
13-10-2022
Riccardo Monti: Resigned as Director
Location & real-estate footprint
Registered office, Merelbeke-Melle · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brusselsesteenweg 949090 Merelbeke-MelleGround area
3,190 m²
Building footprint
1,166 m²
Volume, LiDAR
1,074 m³
Parcel 44402A0544/00B000, Flanders · tallest building 10.4 m. Linked by address, not a title deed.
1 establishment unit
IPCOM
since 20102.195.721.494
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44402A0544/00B000 | Flanders | 3,190 m² | 1 · 1,166 m² | 10.4 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Statutory auditor
2 auditors| Ernst & Young Bedrijfsrevisoren BVCurrent Statutory auditor | 16-03-2023 → present |
| Ernst et Young Reviseurs d'EntreprisesCurrent Statutory auditor | 30-01-2024 → present |
Show 4 earlier auditors
| CALLENS VANDELANOTTE Statutory auditor · represented by Nikolaas Vandelanotte succeeded by Ernst en Young Bedrijfsrevisoren CVBA in 2020 | 14-12-2016 → 19-06-2020 |
| Ernst en Young Bedrijfsrevisoren CVBA Statutory auditor succeeded by Ernst & Young Bedrijfsrevisoren BV in 2023 | 19-06-2020 → 16-03-2023 |
| Vandelanotte Bedrijfsrevisoren Statutory auditor succeeded by Vandelanotte Bedrijfsrevísoren Bvba in 2013 | 20-01-2011 → 08-08-2013 |
| Vandelanotte Bedrijfsrevísoren Bvba Statutory auditor succeeded by CALLENS VANDELANOTTE in 2016 | 08-08-2013 → 14-12-2016 |
Articles of association
Duration
Unlimited
Purpose
1. het oprichten van, het deelnemen in publieke of private inrichtingen, vennootschappen of ondernemingen... 2. het voeren van beheer over... 3. het aankopen, het verkopen...…
Full purpose
1. het oprichten van, het deelnemen in publieke of private inrichtingen, vennootschappen of ondernemingen... 2. het voeren van beheer over... 3. het aankopen, het verkopen... onroerende goederen... 4. het uitvoeren van alle financiële verrichtingen...
Structure & network
Connections & network
16 connected companiesLinked via shared directors
Shared director
→
Shared director
→
Shared director
→
Shared director
→
Show 12 more companies with a shared director
Shared director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Shared corporate director
→
Ownership & control
2 subsidiaries, 1 abroad · 5 board mandatesIPCOMBE 0827.868.868
controls
Where this company holds controlsubsidiary per the LEI register2
Kortemark · LEI lapsed
Insulcon B.V.
Steenbergen, Netherlands · indirect · LEI lapsed
Board mandates of this companythis company sits on their board5
2 locations
2 locations
2 locations
1 location
1 location
Acquisitions and mergers
1 transactionTook over:IPCOM MIDCO 1
Capital and shareholders
Shareholders according to the acts
At incorporation
act of 27-07-2010 ↗
- ISOCO B.V. founder
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 17-09-2026 Capital increase of 25,000,000 EUR · to 204,822,405.18 EUR · no new shares · in cash
- 01-07-2026 Capital increase of 100,000,000 EUR · to 179,822,405.18 EUR · in cash
- 10-04-2025 Capital increase of 30,195,000 EUR · to 79,822,405.18 EUR · in cash
- 21-03-2024 Capital increase of 9,862,500 EUR · to 49,627,405.18 EUR · in cash
- 30-01-2024 Capital stated in the act · 39,764,905.18 EUR
- 26-01-2018 Capital stated in the act · 39,764,905.18 EUR · 31,554,991 shares
- 29-11-2016 Capital increase of 1,425,196.52 EUR · to 35,951,120.95 EUR
- 29-11-2016 Capital increase of 3,813,784.23 EUR · to 39,764,905.18 EUR · no new shares · from reserves
Show 20 older capital entries
- 29-09-2016 Capital increase of 252,291.99 EUR · to 33,849,766.42 EUR · 225,865 new shares
- 29-09-2016 Capital increase of 676,158.01 EUR · to 34,525,924.43 EUR · no new shares · from reserves
- 06-07-2016 Capital increase of 1,784,568.50 EUR · to 27,362,157.91 EUR
- 06-07-2016 Capital increase of 6,235,316.52 EUR · to 33,597,474.43 EUR · no new shares · from reserves
- 31-07-2015 Capital increase of 512,303.91 EUR · to 25,577,589.41 EUR · “verhoging van de fractiewaarde van de bestaande aandelen”
- 10-07-2015 Capital increase of 7,741,610.22 EUR · to 25,065,285.50 EUR · in cash
- 12-06-2015 Capital reduction of 20,000,000 EUR · to 17,323,675.28 EUR · repaid to the shareholders
- 26-05-2015 Capital increase of 260,000 EUR · to 37,323,675.28 EUR · “verhoging van de fractiewaarde van de bestaande aandelen”
- 13-05-2015 Capital increase of 1,940,545.16 EUR · to 37,063,675.28 EUR · “verhoging van de fractiewaarde van de bestaande aandelen”
- 10-02-2015 Capital increase of 886,556.12 EUR · to 35,123,130.12 EUR · “verhoging van de fractiewaarde van de bestaande aandelen”
- 10-04-2014 Capital increase of 3,440,000 EUR · to 34,236,574 EUR · “verhoging van de fractiewaarde van de bestaande aandelen”
- 30-09-2013 Capital increase of 4,432,000 EUR · to 30,796,574 EUR
- 08-07-2013 Capital increase of 5,433,527 EUR · to 26,364,575 EUR · “verhoging van de fractiewaarde van de bestaande aandelen”
- 10-03-2011 Capital increase of 1,353,929 EUR · to 19,109,513 EUR
- 10-03-2011 Capital increase of 1,821,535 EUR · to 20,931,048 EUR · from reserves
- 10-03-2011 Capital increase of 5,772,444 EUR · to 17,755,584 EUR · 5,772,444 new shares
- 26-01-2011 Capital increase of 438,140 EUR · to 11,983,140 EUR · 438,140 new shares
- 25-08-2010 Capital increase of 3,463,500 EUR · to 11,545,000 EUR
- 24-08-2010 Capital increase of 8,019,500 EUR · to 8,081,500 EUR
- 27-07-2010 Incorporation · 62,000 EUR · 62 shares
Recognitions · licences · registrations
Legal Entity Identifier
5493007P4DJ91LP5Q259
Similar companies · same sector, comparable size
NEWPHARMA GROUP
BE 0684.465.652
Liège · Eq €86.70M
UP Holding
BE 0658.974.943
Gent · Eq €85.97M
VDB GROUP
BE 0837.763.561
Roeselare · Eq €86.99M
ECUHOLD
BE 0460.849.374
Antwerpen · Eq €85.48M
RVM Invest
BE 0447.384.685
Oudenaarde · Eq €87.42M
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 1,272 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded13-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.