Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 320 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2025 was expected before 30 April 2026 and has not been filed.
Financials
Financial year 2024
IVCE Services from Nazareth-De Pinte, company number BE0839549351, closed financial year 2024 with a result of € -10.4 million after tax. For that financial year IVCE Services recorded revenue of € 49.6 million and equity of € -18.3 million. Compared with financial year 2023, the result moved from € -8.5 million to € -10.4 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 16, 2026.
€ -18.3 million
▼ € 10.4 million vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10.4 million
▼ 23 % more loss than in 2023
Profit after tax over the fiscal year.
€ 2 million
▼ 42% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -18.8 million.
People and assets in 2024
172
▲ 78.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 7.5 million
▲ 40% vs 2023
€ 43,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3 million
▲ 36% vs 2023
Of which on lease € 793,806.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 4.8 million
▲ 25% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 45 days on average.
€ 1.3 million
▲ 274% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Revenue | - | € 35,334,183 | € 49,613,924 | ▲ 40% |
| Gross margin | € 1,172,409 | - | - | |
| Profit after taxes | € 127,495 | € -8,493,403 | € -10,436,460 | ▼ € 1.9 million |
| Equity | € 1,231,749 | € -7,869,690 | € -18,306,151 | ▼ € 10.4 million |
| Total debts | € 16,455,229 | € 88,124,276 | € 123,858,094 | ▲ 41% |
| Cash | € 426,705 | € 3,431,819 | € 2,001,232 | ▼ 42% |
| Land & buildings | - | - | € 45,418 | |
| Retained profit | € 1,211,729 | € -8,339,710 | € -18,776,171 | ▼ € 10.4 million |
| Balance sheet total | € 17,686,978 | € 80,254,585 | € 105,551,943 | ▲ 32% |
| Employees (FTE) | 13.9 | 93.6 | 172 | ▲ 78.4 |
Key figures of IVCE Services, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 30 April 2026.
What happened to IVCE Services?
What happened at IVCE Services in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 10.4 million. filed late Source: NBB ↗
- Evidensia Belgium became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Diepenbeek. KBO
In short
From € 127,495 profit in 2021 to € 10.4 million loss in 2024.
Paid € 101,366 in corporate taxes since 2021.
Best year ever: 2021, with € 127,495 profit.
On average € 84,300 of value added per employee in 2021.
Management
Behind IVCE Services is Evidensia Belgium. The shares are held by Evidensia Belgium BV (100%). It owns 100% of OPCO Vlaanderen, 100% of Het Hof Services, 100% of Het Spoor Services, 100% of De Mol Services, 100% of Het Park Services and 100% of NEWVETCO itself.
Directors
According to the 2024 annual accounts
Director · represented by Emilienne Huynen
Also active at: Animal Santé Services, Het Park Services, Het Spoor Services, Het Hof Services, VETERNITY Belgium, DE MOL SERVICES, Beest Services, Vets & Co Services
since 2019
Shareholders
100%
Participations
100%
100%
100%
100%
100%
100%
100%
99.9%
99.5%
90%
Establishments
Establishment units
Physical locations of this company
Grote steenweg 15
9840 Nazareth-De Pinte
Mizerikstraat 45
3590 Diepenbeek
Active since 22 September 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Evidensia Belgium same network
€ 0 revenue · 2025
OPCO Vlaanderen same network
€ 398,631 gross margin · 2024
NEWVETCO same network
€ 146,331 gross margin · 2024
Healthy Paws Services
€ 45,465 gross margin · 2024
Ryhove Services
€ 135,496 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0839.549.351
- VAT number
- BE 0839.549.351
- Registered office
- Grote steenweg 15, 9840 Nazareth-De Pinte
- Names & denominations
- IVCE Services
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 September 2011
- Peppol
- Active · Active since 20 Jan 2026
- Activities · NACE
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse administratieve activiteiten ten behoeve van kantoren
Overige financiële dienstverlening, neg
Overige zakelijke dienstverlening, neg