IVC
ActiveSummary
IVC has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €254.9m and a net result of €23.8m. Equity is shrinking by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 90% of 188 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
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Signals
This company filed its last 7 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (2)
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 22, Manufacture of rubber and plastic products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 344 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 98% are still going.
- Large
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 344 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €415.8m | €461.5m | €402.1m | €391.5m | €351.7m | ▼ 10.2% |
| Turnover70 | €386.3m | €435.6m | €401.0m | €388.8m | €349.8m | ▼ 10.0% |
| Change in stocks of work in progress, finished goods and contracts in progress71 | €20.8m | €15.2m | -€7.2m | -€5.1m | -€4.6m | ▲ 8.8% |
| Other operating income74 | €8.8m | €10.7m | €8.3m | €7.7m | €6.5m | ▼ 16.4% |
| Non-recurring operating income76A | - | - | €8,700 | €39,056 | - | - |
| Operating charges60/66A | €413.0m | €496.6m | €402.4m | €376.9m | €327.2m | ▼ 13.2% |
| Goods for resale, raw materials and consumables60 | €227.3m | €278.5m | €224.3m | €202.8m | €188.9m | ▼ 6.9% |
| Purchases600/8 | €223.7m | €287.1m | €219.9m | €209.0m | €189.2m | ▼ 9.5% |
| Change in stocks: decrease (increase)609 | €3.6m | -€8.6m | €4.4m | -€6.2m | -€363,505 | ▲ 94.1% |
| Services and other goods61 | €97.2m | €128.2m | €102.5m | €97.5m | €72.4m | ▼ 25.7% |
| Remuneration, social security and pensions62 | €53.4m | €64.5m | €52.8m | €53.4m | €48.3m | ▼ 9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €37.3m | €22.0m | €19.6m | €16.5m | €14.8m | ▼ 10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€3.1m | €2.9m | €2.0m | €5.4m | €1.1m | ▼ 79.7% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €50,000 | €150,000 | €275,045 | -€275,045 | €200,000 | ▲ 173% |
| Other operating charges640/8 | €866,180 | €406,850 | €902,324 | €1.7m | €1.5m | ▼ 15.3% |
| Non-recurring operating charges66A | - | - | €50,131 | - | - | - |
| Operating profit (loss)9901 | €2.8m | -€35.1m | -€289,586 | €14.6m | €24.5m | ▲ 68.2% |
| Financial income75/76B | €162.4m | €9.5m | €6.9m | €7.6m | €4.8m | ▼ 37.3% |
| Recurring financial income75 | €7.4m | €9.5m | €6.9m | €7.6m | €4.8m | ▼ 37.3% |
| Income from financial fixed assets750 | €29 | €34 | €50 | €55 | €84 | ▲ 52.0% |
| Income from current assets751 | €11,619 | €215,280 | €1.6m | €2.7m | €1.3m | ▼ 53.3% |
| Other financial income752/9 | €7.3m | €9.3m | €5.2m | €4.9m | €3.5m | ▼ 28.6% |
| Non-recurring financial income76B | €155.0m | - | - | - | - | - |
| Financial charges65/66B | €35.1m | €5.9m | €3.5m | €2.8m | €3.3m | ▲ 19.6% |
| Recurring financial charges65 | €35.1m | €5.9m | €3.5m | €2.8m | €3.3m | ▲ 19.6% |
| Debt charges650 | €31.7m | €54,569 | €66,534 | €48,902 | €57,347 | ▲ 17.3% |
| Other financial charges652/9 | €3.4m | €5.8m | €3.4m | €2.7m | €3.3m | ▲ 19.7% |
| Profit (loss) for the period before taxes9903 | €130.1m | -€31.5m | €3.1m | €19.4m | €25.9m | ▲ 33.9% |
| Income taxes67/77 | €23,308 | €37,774 | €148,995 | €1.6m | €2.1m | ▲ 30.2% |
| Taxes670/3 | €23,308 | €37,774 | €148,995 | €1.6m | €2.1m | ▲ 30.2% |
| Tax adjustments and reversals of tax provisions77 | €0 | - | - | - | - | - |
| Profit (loss) for the period9904 | €130.1m | -€31.5m | €3.0m | €17.7m | €23.8m | ▲ 34.2% |
| Transfer from tax-exempt reserves789 | - | - | - | €674,844 | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €130.1m | -€31.5m | €3.0m | €18.4m | €23.8m | ▲ 29.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €331.8m | €293.0m | €307.2m | €297.9m | €288.0m | ▼ 3.3% |
| Fixed assets21/28 | €108.4m | €117.2m | €121.3m | €113.6m | €107.2m | ▼ 5.6% |
| Intangible fixed assets21 | €2.5m | €1.9m | €2.3m | €1.6m | €679,885 | ▼ 56.4% |
| Tangible fixed assets22/27 | €105.7m | €115.0m | €118.8m | €111.8m | €106.3m | ▼ 4.9% |
| Land and buildings22 | €33.6m | €31.2m | €40.6m | €39.2m | €37.7m | ▼ 3.8% |
| Plant, machinery and equipment23 | €39.4m | €57.8m | €63.1m | €65.2m | €62.4m | ▼ 4.3% |
| Furniture and vehicles24 | €4.1m | €2.8m | €1.3m | €567,364 | €443,305 | ▼ 21.9% |
| Leasing and similar rights25 | - | €58,852 | €84,059 | €60,941 | €37,822 | ▼ 37.9% |
| Assets under construction and advance payments27 | €28.5m | €23.2m | €13.7m | €6.7m | €5.6m | ▼ 16.7% |
| Financial fixed assets28 | €271,609 | €271,609 | €271,609 | €270,919 | €269,919 | ▼ 0.4% |
| Affiliated companies280/1 | €235,066 | €235,066 | €235,066 | €235,066 | €234,066 | ▼ 0.4% |
| Participating interests280 | €235,066 | €235,066 | €235,066 | €235,066 | €234,066 | ▼ 0.4% |
| Other financial fixed assets284/8 | €36,543 | €36,543 | €36,543 | €35,853 | €35,853 | = |
| Amounts receivable and cash guarantees285/8 | €36,543 | €36,543 | €36,543 | €35,853 | €35,853 | = |
| Current assets29/58 | €223.5m | €175.8m | €185.9m | €184.2m | €180.8m | ▼ 1.9% |
| Amounts receivable after more than one year29 | - | - | - | €3.7m | €7.1m | ▲ 92.3% |
| Other amounts receivable291 | - | - | - | €3.7m | €7.1m | ▲ 92.3% |
| Stocks and contracts in progress3 | €65.3m | €86.2m | €72.6m | €68.7m | €43.3m | ▼ 37.0% |
| Stocks30/36 | €65.3m | €86.2m | €72.6m | €68.7m | €43.3m | ▼ 37.0% |
| Raw materials and consumables30/31 | €13.9m | €21.8m | €18.4m | €23.8m | €23.9m | ▲ 0.4% |
| Work in progress32 | €10.2m | €11.3m | €11.3m | €9.1m | €7.9m | ▼ 13.3% |
| Finished goods33 | €38.9m | €51.1m | €42.1m | €34.8m | €11.4m | ▼ 67.3% |
| Goods purchased for resale34 | €2.3m | €1.9m | €894,751 | €923,672 | €70,345 | ▼ 92.4% |
| Amounts receivable within one year40/41 | €157.7m | €89.0m | €112.6m | €110.0m | €127.8m | ▲ 16.2% |
| Trade receivables40 | €46.6m | €53.1m | €51.7m | €43.7m | €37.2m | ▼ 14.9% |
| Other amounts receivable41 | €111.2m | €35.9m | €60.9m | €66.2m | €90.6m | ▲ 36.7% |
| Cash at bank and in hand54/58 | €21,330 | €93,972 | €32,361 | €6,593 | €22,782 | ▲ 246% |
| Deferred charges and accrued income490/1 | €419,957 | €493,997 | €580,915 | €1.9m | €2.6m | ▲ 37.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €331.8m | €293.0m | €307.2m | €297.9m | €288.0m | ▼ 3.3% |
| Equity10/15 | €269.9m | €237.4m | €239.5m | €257.2m | €254.9m | ▼ 0.9% |
| Contributions10/11 | €108.6m | €108.6m | €108.6m | €108.6m | €97.6m | ▼ 10.1% |
| Reserves13 | €674,844 | €674,844 | €674,844 | €0 | - | - |
| Tax-exempt reserves132 | €674,844 | €674,844 | €674,844 | €0 | - | - |
| Profit (loss) carried forward14 | €158.0m | €126.5m | €129.5m | €147.9m | €156.7m | ▲ 5.9% |
| Investment grants15 | €2.6m | €1.7m | €760,322 | €670,027 | €591,316 | ▼ 11.7% |
| Provisions and deferred taxes16 | €3.2m | €3.4m | €3.6m | €3.5m | €2.4m | ▼ 31.7% |
| Provisions for liabilities and charges160/5 | €3.2m | €3.4m | €3.6m | €3.5m | €2.4m | ▼ 31.7% |
| Other liabilities and charges164/5 | €3.2m | €3.4m | €3.6m | €3.5m | €2.4m | ▼ 31.7% |
| Amounts payable17/49 | €58.8m | €52.2m | €64.0m | €37.2m | €30.7m | ▼ 17.4% |
| Amounts payable after more than one year17 | - | €85,608 | €63,202 | €39,786 | €15,314 | ▼ 61.5% |
| Financial debts170/4 | - | €85,608 | €63,202 | €39,786 | €15,314 | ▼ 61.5% |
| Leasing and similar obligations172 | - | €85,608 | €63,202 | €39,786 | €15,314 | ▼ 61.5% |
| Amounts payable within one year42/48 | €56.9m | €47.4m | €62.6m | €36.4m | €29.3m | ▼ 19.6% |
| Current portion of amounts payable after more than one year42 | - | €21,442 | €22,406 | €23,415 | €24,473 | ▲ 4.5% |
| Trade debts44 | €44.8m | €34.7m | €39.2m | €26.1m | €17.5m | ▼ 32.8% |
| Suppliers440/4 | €44.8m | €34.7m | €39.2m | €26.1m | €17.5m | ▼ 32.8% |
| Advances received on contracts in progress46 | €169,706 | €432,182 | €565,775 | €251,959 | €235,225 | ▼ 6.6% |
| Taxes, remuneration and social security45 | €11.9m | €12.3m | €22.8m | €10.0m | €11.5m | ▲ 14.4% |
| Taxes450/3 | €1.6m | €1.3m | €12.2m | €3,576 | €2.5m | ▲ 70,283% |
| Remuneration and social security454/9 | €10.3m | €11.0m | €10.6m | €10.0m | €9.0m | ▼ 10.6% |
| Other amounts payable47/48 | €1,572 | €1,528 | €2,139 | €8,152 | €44 | ▼ 99.5% |
| Accrued charges and deferred income492/3 | €1.8m | €4.7m | €1.4m | €785,652 | €1.5m | ▲ 85.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €130.1m | -€31.5m | €3.0m | €17.7m | €23.8m | ▲ 34.2% |
| + Depreciation and write-downs630 | €37.3m | €22.0m | €19.6m | €16.5m | €14.8m | ▼ 10.4% |
| Operating cash flow (approximation) | €167.4m | -€9.5m | €22.6m | €34.2m | €38.6m | ▲ 12.8% |
| Investment in fixed assets (approximation) | - | -€30.8m | -€23.8m | -€8.8m | -€8.4m | ▲ 4.6% |
| Change in cash | - | €72,642 | -€61,611 | -€25,768 | €16,188 | ▲ 163% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
25-02
State Gazette act
Appointment: Hoveco Management BV (director)Permanent representatives: Veronique Hoflack, Wim Messiaen and Sven De Smet · Resignation: CAMAT BV (class B director)9 facts ▸
- General meeting, 26/01/2026
- Director appointment, Hoveco Management BV (director)
- Permanent representative, Veronique Hoflack
- Board meeting, 09/02/2026
- Director appointment, Hoveco Management BV (managing director)
- General meeting, 09/02/2026
- Director resignation, CAMAT BV (class B director)
- Permanent representative, Wim Messiaen
- Permanent representative, Sven De Smet
19-11
State Gazette act
Resignation: RUDEMA BV (class B director and managing director)Permanent representatives: Ruben Desmet, Wim Messiaen and Sven De Smet4 facts ▸
- Director resignation, RUDEMA BV (class B director and managing director)
- Permanent representative, Ruben Desmet
- Permanent representative, Wim Messiaen
- Permanent representative, Sven De Smet
25-02
State Gazette act
Capital & shares · RestructuringDemerger · Accounting effect · Net-asset statement4 facts ▸
- General meeting, 23 december 2024
- Demerger, 1 januari 2025
- Accounting effect, 1 januari 2025
- Net-asset statement, 31 augustus 2024
22-11
State Gazette act
RestructuringDemerger · Accounting effect · Power of attorney6 facts ▸
- Board meeting, 04/11/2024
- Board meeting, 04/11/2024
- Demerger, partiële splitsing door overneming, LVT- (Modular) en Carpet tiles divisies van IVC, met uitzondering van de productie gerelateerde activiteiten
- Accounting effect, 01/01/2025
- Power of attorney, Deloitte Legal-Lawyers BV
- Power of attorney, Deloitte Legal-Lawyers BV
22-10
State Gazette act
Appointment: KPMG Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Herwig Carmans · Power of attorney6 facts ▸
- General meeting, 28/06/2024
- Auditor appointment, KPMG Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Herwig Carmans
- Power of attorney, Stephanie Verbeke
- Power of attorney, Annelies Van Huffel
- Power of attorney, Astrid Declercq
28-03
State Gazette act
Resignation: Bernard Thiers Comm.V. (class B director)Permanent representatives: Bernard Thiers, Wim Messiaen and 2 others · Appointments: CAMAT BV, Rodney David Patton and 2 others10 facts ▸
- Director resignation, Bernard Thiers Comm.V. (class B director)
- Permanent representative, Bernard Thiers
- Director appointment, CAMAT BV (class B director)
- Permanent representative, Wim Messiaen
- Director appointment, Rodney David Patton (class A director)
- Director appointment, RUDEMA BV (class B director)
- Director appointment, RUDEMA BV (managing director)
- Permanent representative, Ruben Desmet
- Director appointment, SDS Manco BV (class B director)
- Permanent representative, Sven De Smet
Show earlier events
11-07
State Gazette act
Resignations: Heath Road BV (class B director) and Sven Ameye Comm.V. (class B director)Appointment: RUDEMA BV (class B director) · Permanent representatives: Johan Deburchgrave, Sven Ameye and 3 others · Power of attorney15 facts ▸
- General meeting, 29/03/2022
- Director resignation, Heath Road BV (class B director)
- Director resignation, Sven Ameye Comm.V. (class B director)
- Director appointment, RUDEMA BV (class B director)
- Permanent representative, Johan Deburchgrave
- Permanent representative, Sven Ameye
- Permanent representative, Ruben Desmet
- Permanent representative, Bernard Thiers
- Permanent representative, Sven De Smet
- Board meeting, 13/04/2022
- Director resignation, Heath Road BV (managing director)
- Director appointment, RUDEMA BV (managing director)
- +3 further facts in this act
16-08
State Gazette act
Appointment: KPMG Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Joachim Hoebeeck · Power of attorney7 facts ▸
- General meeting, 25/06/2021
- Auditor appointment, KPMG Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Joachim Hoebeeck
- Power of attorney, Stephanie Verbeke
- Power of attorney, Catherine Reekmans
- Power of attorney, Inge Wargee
- Power of attorney, Astrid Declercq
18-05
State Gazette act
Resignation: Coral & Wallace (class B director)Appointments: SDS Manco, Bernard Thiers Comm. V. and HEATH ROAD · Permanent representatives: Jan Vergote, Sven De Smet and 2 others11 facts ▸
- Director resignation, Coral & Wallace (class B director)
- Director appointment, SDS Manco (class B director)
- Director appointment, Bernard Thiers Comm. V. (class B director)
- Director appointment, HEATH ROAD (class B director)
- Permanent representative, Jan Vergote
- Permanent representative, Sven De Smet
- Permanent representative, Bernard Thiers
- Permanent representative, Johan Deburchgrave
- Board meeting, 25-03-2021
- Director resignation, Coral & Wallace (managing director)
- Director appointment, HEATH ROAD (managing director)
16-12
State Gazette act
MiscellaneousCapital increase · Capital3 facts ▸
- Board meeting, 14/09/2020
- Capital increase, €155.000.000
- Capital
19-11
State Gazette act
Capital & shares · Statutes amendment · RestructuringDemerger · Accounting effect · Capital decrease6 facts ▸
- General meeting, 30/10/2020
- Demerger, functionele departement dat vinyl vloeren ontwikkelt
- Accounting effect, 01/01/2020
- Capital decrease, €327.000
- Power of attorney, Monard Law
- Capital increase, €200
02-10
State Gazette act
Permanent representatives: Mike Boonen and Joachim Hoebeeck2 facts ▸
- Permanent representative, Mike Boonen
- Permanent representative, Joachim Hoebeeck
25-09
State Gazette act
RestructuringDemerger · Share issue · Capital increase10 facts ▸
- Board meeting, 14 september 2020
- Board meeting, 14 september 2020
- Demerger
- Share issue, 2, EUR 326.800
- Capital increase, €200
- Accounting effect, 1 januari 2020
- Power of attorney, Pieter Van den Broeck
- Book value, 327.000 EUR
- Capital
- Capital
28-07
State Gazette act
Appointments: Coral & Wallace BV (managing director) and Sven Ameye Comm.V. (class B director)Permanent representatives: Jan Vergote and Sven Ameye · Resignation: Sven Ameye (class B director) · Power of attorney14 facts ▸
- Board meeting, 26/05/2020
- Director appointment, Coral & Wallace BV (managing director)
- Permanent representative, Jan Vergote
- Power of attorney, Stephanie Verbeke
- Power of attorney, Inge Wargée
- Power of attorney, Astrid Declercq
- General meeting, 26/06/2020
- Director resignation, Sven Ameye (class B director)
- Director appointment, Sven Ameye Comm.V. (class B director)
- Permanent representative, Sven Ameye
- Power of attorney, Stephanie Verbeke
- Power of attorney, Thomas Van De Ginste
- +2 further facts in this act
08-01
State Gazette act
Appointments: PATTON Rodney David, AMEYE Sven and CORAL & WALLACE BVBAPermanent representative: VERGOTE Jan · Legal-form conversion · Statutes amendment11 facts ▸
- General meeting, 19/12/2019
- Legal-form conversion, besloten vennootschap met beperkte aansprakelijkheid
- Statutes amendment
- Capital
- Director appointment, PATTON Rodney David (director)
- Director appointment, AMEYE Sven (director)
- Director appointment, CORAL & WALLACE BVBA (director)
- Permanent representative, VERGOTE Jan
- Power of attorney, Stephanie Verbeke
- Power of attorney, Thomas Van De Ginste
- Power of attorney, Astrid Declercq
25-02
State Gazette act
Resignation: Karel Verlinde (a zaakvoerder)Appointment: Sven Ameye (a zaakvoerder)3 facts ▸
- General meeting, 06/12/2018
- Director resignation, Karel Verlinde (a zaakvoerder)
- Director appointment, Sven Ameye (a zaakvoerder)
20-11
State Gazette act
Resignation: Andrew John Forbes Berry (a zaakvoerder)Appointments: Karel Verlinde (manager) and KPMG Bedrijfsrevisoren Burg. CVBA (statutory auditor) · Permanent representatives: Mike Boonen and Jan Vergote6 facts ▸
- General meeting, 22 juni 2018
- Director resignation, Andrew John Forbes Berry (a zaakvoerder)
- Director appointment, Karel Verlinde (manager)
- Auditor appointment, KPMG Bedrijfsrevisoren Burg. CVBA (statutory auditor)
- Permanent representative, Mike Boonen
- Permanent representative, Jan Vergote
28-07
State Gazette act
Capital & shares · RestructuringAppointment: KPMG Bedrijfsrevisoren (company auditor) · Capital increase · Share issue6 facts ▸
- Capital increase, €17.688.351,57
- Share issue, aandelen van de vennootschap IVC BVBA, zonder vermelding van nominale waarde
- Accounting effect, 01/01/2017
- Power of attorney, Anja Martens
- Power of attorney, Thomas Van De Ginste
- Auditor appointment, KPMG Bedrijfsrevisoren (company auditor)
12-06
State Gazette act
RestructuringPermanent representative: Jan Vergote · Appointments: Coral & Wallace BVBA, Cornelis Martinus Verhaaren and 4 others · Merger21 facts ▸
- Merger, inbreng van een bedrijfstak
- Permanent representative, Jan Vergote
- Director appointment, Coral & Wallace BVBA (manager)
- Director appointment, Cornelis Martinus Verhaaren (manager)
- Director appointment, John Kleynhans (manager)
- Director appointment, Andrew Kright (manager)
- Director appointment, Andrew Berry (manager)
- Director appointment, Coral & Wallace BVBA (manager)
- Director appointment, Rodney D. Patton (manager)
- Director appointment, Andrew Berry (manager)
- Accounting effect, 01/01/2017
- Share issue, 7010, inbreng van de bedrijfstak
- +9 further facts in this act
01-06
State Gazette act
Permanent representatives: Mike Boonen and Luc Verrijssen2 facts ▸
- Permanent representative, Mike Boonen
- Permanent representative, Luc Verrijssen
03-02
State Gazette act
Resignation: Brooser BE Operations BVBA (a zaakvoerder)Permanent representative: Bart Van den Eede · Appointment: Andrew John Forbes Berry (a zaakvoerder) · Director discharge6 facts ▸
- General meeting, 10/12/2015
- Director resignation, Brooser BE Operations BVBA (a zaakvoerder)
- Permanent representative, Bart Van den Eede
- Director discharge, Brooser BE Operations BVBA (a zaakvoerder)
- Director appointment, Andrew John Forbes Berry (a zaakvoerder)
- Mandate compensation, Andrew John Forbes Berry
22-01
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Bank account · Capital7 facts ▸
- General meeting, 03/12/2015
- Capital increase, €325.000.000
- Bank account, Bank of America N.A. te Antwerpen, BE03 6858 1670 2884
- Capital, €333.126.599,61
- Power of attorney, Francis Vlegels
- Power of attorney, zaakvoerders
- Statutes amendment
10-11
State Gazette act
Resignations: Coral & Wallace, Brooser BE Operations and PATTON Rodney DavidAppointments: Coral & Wallace, Brooser BE Operations and PATTON Rodney David · Permanent representatives: Jan Vergote and Bart Van den Eede · Legal-form conversion17 facts ▸
- General meeting, 21/09/2015
- Legal-form conversion, besloten vennootschap met beperkte aansprakelijkheid
- Purpose change, Het verwerven van participaties in eender welke vorm in alle bestaande of op te richten rechtspersonen en vennootschappen, het stimuleren, de planning, de coörd…
- Capital, €8.126.599,61
- Net-asset statement, 31/07/2015
- Director resignation, Coral & Wallace (class A director)
- Director resignation, Brooser BE Operations (class A director)
- Director resignation, PATTON Rodney David (class B director)
- Director appointment, Coral & Wallace (a zaakvoerder)
- Director appointment, Brooser BE Operations (a zaakvoerder)
- Director appointment, PATTON Rodney David (b zaakvoerder)
- Permanent representative, Jan Vergote
- +5 further facts in this act
05-11
State Gazette act
Resignations: Filiep Balcaen, Didier Ysenbaert and 3 othersAppointments: Coral & Wallace BVBA, Brooser BE Operations BVBA and David R. Patton · Permanent representatives: Jan Vergote, Bart Van den Eede and Marc Ooms · Director discharge18 facts ▸
- General meeting, 12-06-2015
- Director resignation, Filiep Balcaen (director)
- Director resignation, Didier Ysenbaert (director)
- Director resignation, Bonem BVBA (director)
- Director resignation, Herman Paridaens (director)
- Director resignation, Philippe Vlerick (director)
- Director discharge, Filiep Balcaen
- Director discharge, Didier Ysenbaert
- Director discharge, Bonem BVBA
- Director discharge, Herman Paridaens
- Director discharge, Philippe Vlerick
- Director appointment, Coral & Wallace BVBA (class A director)
- +6 further facts in this act
02-10
State Gazette act
Appointments: Ernst & Young, Lippens & Rabaey Audit BV CVBA (statutory auditor) and KPMG Bedrijfsrevisoren Burg. CVBA (statutory auditor)Permanent representative: Luc Verrijssen · Power of attorney5 facts ▸
- General meeting, 11/09/2015
- Auditor appointment, Ernst & Young, Lippens & Rabaey Audit BV CVBA
- Auditor appointment, KPMG Bedrijfsrevisoren Burg. CVBA (statutory auditor)
- Permanent representative, Luc Verrijssen
- Power of attorney, Julie Vanermen
13-02
State Gazette act
Appointment: Brooser BE Operations BVBA (director)Permanent representatives: Bart Van den Eede and Marleen Mannekens · Resignation: Stefaan Rabaey (vaste vertegenwoordiger van de commissaris) · Power of attorney6 facts ▸
- General meeting, 24/01/2014
- Director appointment, Brooser BE Operations BVBA (director)
- Permanent representative, Bart Van den Eede
- Director resignation, Stefaan Rabaey (vaste vertegenwoordiger van de commissaris)
- Permanent representative, Marleen Mannekens
- Power of attorney, Anja Martens
03-02
State Gazette act
Appointments: Ernst & Young Lippens & Rabaey Audit BV CVBA (statutory auditor) and Jari Vergote (director)Permanent representative: Stefaan Rabaey4 facts ▸
- General meeting, 17/05/2013
- Auditor appointment, Ernst & Young Lippens & Rabaey Audit BV CVBA (statutory auditor)
- Permanent representative, Stefaan Rabaey
- Director appointment, Jari Vergote (director)
19-07
State Gazette act
Capital & sharesStatutes amendment · Power of attorney3 facts ▸
- General meeting, 13/06/2013
- Statutes amendment
- Power of attorney, Juno Hautekiet
08-03
State Gazette act
Capital & sharesChange of control2 facts ▸
- General meeting, 17/01/2013
- Change of control, wijziging van controle
22-01
State Gazette act
Resignation: Filiep Balcaen (managing director)Appointments: Coral & Wallace (managing director) and Filiep Balcaen (chair of the board)4 facts ▸
- Board meeting, 09/11/2010
- Director resignation, Filiep Balcaen (managing director)
- Director appointment, Coral & Wallace (managing director)
- Director appointment, Filiep Balcaen (chair of the board)
28-11
State Gazette act
Resignations: BVBA 53TWELVE (director) and Ame Hautekeete (permanent representative)Permanent representative: Ame Hautekeete4 facts ▸
- Board meeting, 26/10/2012
- Director resignation, BVBA 53TWELVE (director)
- Permanent representative, Ame Hautekeete
- Director resignation, Ame Hautekeete (permanent representative)
25-11
State Gazette act
Resignation: Decaluwé Dirk (director)Appointment: Hautekeete Arne (class B director) · Permanent representatives: Hautekeete Arne Ernst and Vergote Jan · Statutes amendment7 facts ▸
- General meeting, 10/11/2010
- Statutes amendment
- Director resignation, Decaluwé Dirk (director)
- Director appointment, Hautekeete Arne (class B director)
- Permanent representative, Hautekeete Arne Ernst
- Power of attorney, Ysenbaert Didier
- Permanent representative, Vergote Jan
09-09
State Gazette act
Reappointments: Filiep Balcaen, Coral & Wallace and 5 othersPermanent representatives: Jan Vergote, Marc Ooms and Stefaan Rabaey · Appointment: Trant Thornton, Lippens & Rabaey CVBA (statutory auditor)12 facts ▸
- General meeting, 23/06/2010
- Director reappointment, Filiep Balcaen (director)
- Director reappointment, Coral & Wallace (director)
- Permanent representative, Jan Vergote
- Director reappointment, Herman Paridaens (director)
- Director reappointment, Didier Ysenbaert (director)
- Director reappointment, Philippe Vlerick (director)
- Director reappointment, Dirk Decaluwé (director)
- Director reappointment, Ooms Marc (director)
- Permanent representative, Marc Ooms
- Auditor appointment, Trant Thornton, Lippens & Rabaey CVBA (statutory auditor)
- Permanent representative, Stefaan Rabaey
27-04
State Gazette act
Resignation: IVC (director)Power of attorney · Capital decrease · Statutes amendment8 facts ▸
- Power of attorney, raad van bestuur
- Capital decrease
- Director resignation, IVC
- Statutes amendment
- Prior publication, 2009-03-12/0036851
- Power-of-attorney condition, maximumtermijn van vijf jaar, 5 years
- Power-of-attorney condition, 100,00 € tot 400,00 € per aandeel, EUR
- Power-of-attorney condition, volledig valgestorte aandelen
11-07
State Gazette act
Capital & shares · Statutes amendmentShare issue4 facts ▸
- General meeting, 27/06/2005
- Share issue, uitgifte van aandelenoptieplan aan bestuurders, kaderleden, werknemers en zelfstandige consulenten
- Statutes amendment
- Statutes amendment
16-08
State Gazette act
IncorporationAppointments: Filiep Balcaen, Jan Debrouwere and 5 others · Permanent representatives: Marc Ooms and Stefaan Rabaey · Merger20 facts ▸
- Incorporation, 28/07/2004
- Merger, partial split contribution
- Merger, mixed split contribution
- Founding capital, €2.264.378
- Director appointment, Filiep Balcaen (director)
- Director appointment, Jan Debrouwere (director)
- Director appointment, Dirk Decaluwé (director)
- Director appointment, Ooms Marc (director)
- Permanent representative, Marc Ooms
- Director appointment, Jean Reuter (director)
- Director appointment, Bernard Ewen (director)
- Mandate compensation, Filiep Balcaen
- +8 further facts in this act
Directors · office · real estate
Board 7
16 not recently confirmed
Day-to-day management 2
1 not recently confirmed
Permanent representatives 5
3 not recently confirmed
Statutory auditor 1
2 establishment units
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34003B1190/00S000 | Flanders | 5.0 ha | 1 · 2.7 ha | 17.7 m · 3 fl. |
| 54007B0310/00G000 | Wallonia | 1.4 ha | 1 · 5,777 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Permanent representative
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| PATTON Rodney David |
|
| BERNARD THIERS |
|
| HEATH ROAD |
|
| SDS Manco |
|
| CAMAT BV |
|
| SDS Manco BV |
|
| HOVECO MANAGEMENT |
|
| KPMG Bedrijfsrevisoren BV |
|
| Bernard Ewen |
|
| BONEM BEHEER |
|
| Jan Debrouwere |
|
| Jean Reuter |
|
| Coral & Wallace |
|
| Ooms Marc |
|
| Jari Vergote |
|
| Brooser BE Operations BVBA |
|
| CORAL & WALLACE BVBA |
|
| David R. Patton |
|
| Andrew Berry |
|
| Andrew Kright |
|
| Cornelis Martinus Verhaaren |
|
| John Kleynhans |
|
| Rodney D. Patton |
|
| SVEN AMEYE |
|
| CAMAT |
|
| RUDEMA BV |
|
| Comm. V. Bernard Thiers |
|
| Heath Road BV |
|
| Sven Ameye Comm.V. |
|
| CORAL & WALLACE |
|
| Sven Ameye |
|
| Karel Verlinde |
|
| Andrew John Forbes Berry |
|
| Ernst & Young, Lippens & Rabaey Audit BV CVBA |
|
| Trant Thornton, Lippens & Rabaey CVBA |
|
| Bonem BVBA |
|
| Didier Ysenbaert |
|
| Filiep (gezegd Filip) Marie Angèle Gaston Joseph BALCAEN |
|
| Herman Paridaens |
|
| Philippe Vlerick |
|
| Stefaan Rabaey |
|
| 53TWELVE |
|
| Dirk Decaluwé |
|
| BVCV Grant Thornton, Lippens & Rabaey |
|
Articles of association
Full purpose
L'objet de la société est, tant en Belgique qu'à l'étranger, pour son propre compte ou pour le compte de tiers, ou par la participation de tiers, toutes prestations et actions qui se rapportent directement ou indirectement à et/ou sont en lien avec: -la conception, le développement, la production, la transformation, la commercialisation et la vente de tous les tapis, revêtements de sol, revêtements muraux, de toit et d'isolation, de produits d'intérieur, d'aménagement intérieur (y compris, entre autres, des meubles, des décorations, des panneaux, des accessoires), de textiles, de fils, ainsi que des produits connexes ou des produits pour (l'installation de) ces produits, fabriqués à partir de matériaux naturels et synthétiques(comme le vinyle, le linoléum, etc.), ainsi que le commerce' et la commercialisation de ces produits et accessoires antérieurs via Internet (e-commerce) et tout ce qui s'y rapporte directement ou indirectement. -La production, l'achat, la commercialisation et/ou la transformation ultérieure de toutes matières premières, produits semi-finis et/ou matériaux dans le cadre de ces services et opérations. - L'achat, la fabrication, le stockage et le traitement de produits chimiques et autres en vue ou dans le cadre des services et actions susmentionnés. -Le stockage de marchandises, la gestion d'entrepôts, la gestion logistique et/ou l'expédition de marchandises, les activités de transport en général (par voie terrestre ou maritime, y compris les activités de stockage et de transbordement et l'expédition de marchandises et de conteneurs), le transport à domicile et à l'étranger, pour son propre compte et pour le compte de tiers, et toutes les activités connexes. -La fourniture de formations professionnelles visant le développement des compétences professionnelles des personnes et le soutien de professionnels tels que, entre autres, les distributeurs et les installateurs des produits en question. -L'obtention et la commercialisation de tous droits (d'énergie ou d'origine) (sous n'importe quel régime juridique), tels que, mais sans s'y limiter, (i) les quotas de l'Union Européenne, (ii) les réductions certifiées d'émissions, (iii) les garanties d'origine et/ou (iv) les certificats d'énergie verte. -L'organisation, la participation à, la promotion de et/ou la gestion d'événements tels que, mais sans s'y limiter, des expositions, des foires commerciales, des congrès, des conférences et des séminaires. -L'exploitation d'installations (d'épuration de l'eau et de traitement des eaux usées) et la production d'énergie verte, sous toutes formes, y compris, mais sans s'y limiter, l'électricité, la chaleur et/ou la vapeur. -L'achat, la vente, le développement, la conception et la fabrication d'équipements industriels ou de pièces de machines, de toutes machines et métiers à tisser, la conception et le dessin de motifs, la fabrication de cartons, ainsi que toutes opérations industrielles, commerciales et financières, mobilières et immobilières, la représentation, les commissions, qui promeuvent directement ou indirectement l'objet ou l'extension de celles-ci. -La préparation, la filature, le tissage, la fabrication, la teinture, l'ennoblissement, I'habillage, la plastification et la confection de toutes fibres, tissus, produits textiles, revêtements de sols, revetements muraux et produits isolants, sous toutes formes, en sous-traitance ou en contrat principal. L'achat, la vente, l'importation, l'exportation, le traitement et la transformation de ceux-ci, ainsi que de toutes matières premières textiles et vinyles. -L'exécution de tous les services qui sont directement ou indirectement liés à ces activités (y compris, mais sans s'y limiter, l'installation des produits susmentionnés). -La commercialisation et/ou la traitement de flux de produits et de déchets, recyclables ou non, y compris l'acquisition de ces produits et la vente de ces produits. -La société peut, en Belgique ou à l'étranger, réaliser toutes opérations industrielles, commerciales et financières qui se rapportent directement ou indirectement à son objet ou qui pourrait faciliter, directement ou indirectement, en tout ou partie, la réalisation de cet objet ou à étendre ou promouvoir son activité. -Elle peut acquérir tous biens meubles et immeubles' même s'ils ne sont pas en rapport direct ou indirect avec l'objet social. Elle peut procéder à l'établissement, au développement et/ou la gestion des biens mobiliers et immobiliers; toutes les opérations portant sur des biens meubles ou immeubles et les droits sur des biens immeubles ou mobiliers, ainsi que toutes les actions qui se rapportent directement ou indirectement et qui ont pour objet de promouvoir le rendement des biens meubles ou immeubles ainsi qu'à garantir la bonne exécution des obligations contractées par des tiers qui bénéficieraient de ces biens meubles et immeubles. -Elle peut accorder des prêts et des facilités de crédit à toutes sociétés ou particuliers, sous n'importe quelle forme; Dans ce contexte, elle peut également se porter garante et accorder des sûretés, au sens le plus large, y compris des hypothèques. -Elle peut, par quelque moyen que ce soit, acquérir des participations dans toutes associations, entreprises ou sociétés qui poursuivent le même objectif, similaire ou connexe ou qui peuvent promouvoir ses activités ou faciliter la vente de ses produits ou services. -Elle peut exercer les fonctions d'administrateur ou de liquidateur dans d'autres sociétés. - L'acquisition de participations sous quelque forme que ce soit dans toutes personnes morales et sociétés existantes ou à créer, encourager, planifier, coordonner, développer et investir dans des personnes morales et des sociétés dans lesquelles elle peut ou non avoir une participation. -La fourniture des conseils de nature financière, technique, commerciale et/ou administrative, au sens le plus large, directement ou indirectement dans les domaines de l'administration et des finances, des ventes, de la production et de la gestion générale et la fourniture de services de gestion, informatiques et de conseil, à des tiers ou pour le compte de tiers, y compris au bénéfice de sociétés affiliées. -Le développement, le maintien, l'amélioration, l'achat, la vente, la concession de licences ou la cession de tous droits de propriété intellectuelle et des actifs immatériels, y compris des brevets, des droits d'auteur, des droits logiciels et/ou du savoir-faire. -La médiation commerciale en général et en particulier les activités de commissionnaires, de courtiers en bourse de marchandises et de tous autres intermédiaires agissant au nom et pour le compte de tiers. -La recherche, le développement, la fabrication et/ou la commercialisation de nouveaux produits, de logiciels, de nouvelles formes de technologie et leurs applications. -La société ne peut en aucun cas fournir des conseils en gestion de patrimoine ou en investissement tels que vísés dans les lois et arrêtés royaux relatifs aux transactions financières et aux produits financiers et à la gestion de patrimoine et aux conseils en investissements. -La société' n'exercera aucune activité nécessitant un permis sans avait obtenu au préalable ce permis..
Structure & network
Owners and holdings
2 owners · 3 holdingsChain of control
- UNILIN
- IVC
Highest known parent: UNILIN. The sources do not say who stands above it.
Owners 2
- UNILINparent100%
- MOHAWK INDUSTRIES, INC.USparentSourceLEI registerconsolidated
Holdings 3
-
100%
-
100%
-
100%
According to the 2025 annual accounts of IVC and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
39 connected companiesShow 35 more companies with a shared director
Acquisitions and mergers
6 transactionsCapital and shareholders
- International Flooring Systems S.à.r.l.
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 16-12-2020 Capital increase of 155,000,000 EUR · 180,694 new shares · in cash
- 19-11-2020 Capital reduction of 327,000 EUR · Afboeking andere balansposten
- 08-01-2020 Capital stated in the act · 579,875 shares
- 28-07-2017 Capital increase of 17,688,351.57 EUR · to 350,814,951.18 EUR · in kind
- 12-06-2017 Capital increase of 17,688,351.57 EUR
- 22-01-2016 Capital increase of 325,000,000 EUR · to 333,126,599.61 EUR · no new shares · in cash
- 10-11-2015 Capital stated in the act · 8,126,599.61 EUR · 572,865 shares
- 16-08-2004 Incorporation · 2,264,378 EUR
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 542,443 EUR awarded · 241,862 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 506,610 EUR | 206,029 EUR |
| 2024 | 1 | 9,308 EUR | 9,308 EUR |
| 2023 | 1 | 23,117 EUR | 23,117 EUR |
| 2022 | 1 | 3,408 EUR | 3,408 EUR |
European research
1 project · 23,435 EUR EU contributionRecognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyLegal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.