IVC is registered with the CBE as active in: Vervaardiging van vloerkleden en tapijt. Private Limited, started on 6 August 2004, 2 establishments.

What is the address of IVC?

The registered office of IVC is located at Nijverheidslaan 29, 8580 Avelgem.

Yes. According to the CBE (29 October 2026) IVC is active, legal situation “Normale toestand”, started on 6 August 2004.

Is IVC registered on Peppol?

Yes, IVC is registered on the Peppol network with ID 0208:0866682231.

What is the enterprise number of IVC?

The enterprise number of IVC is BE0866682231.

When was IVC founded?

IVC was founded on 6 August 2004.

Who are the directors of IVC?

According to the 2025 annual accounts, the directors of IVC are: SDS MANCO BV, David Patton, Hoveco Management BV, CAMAT BV, RUDEMA BV.

Is IVC a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 August 2004; 5 annual accounts filed, latest fiscal year 2025; 5 directors known from the annual account; 2 establishments in the CBE.

How much profit did IVC make in 2025?

IVC posted a profit after taxes of € 23,817,191 in financial year 2025.

What is the revenue of IVC?

In its most recent annual accounts (2025), IVC reported revenue of € 349,827,971.

How much does an employee at IVC earn?

The average wage cost per full-time employee at IVC was € 71,200 in 2025: staff costs of € 48.3 million for 678.3 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does IVC have?

According to the 2025 annual accounts, IVC has 678.3 full-time equivalents (FTE).

IVC (Private Limited) - Avelgem - BE0866682231

Dossier IVC, printed on 29 October 2026 from databakkes.be/en/0866682231/ivc. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 837.3 to 678.3.

Financials

Financial year 2025

IVC from Avelgem, company number BE0866682231, closed financial year 2025 with a result of € 23.8 million after tax. For that financial year IVC recorded revenue of € 349.8 million and equity of € 254.9 million. Compared with financial year 2024, the result moved from € 17.7 million to € 23.8 million. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.

What it is worth Healthy

€ 254.9 million

▼ 1% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 23.8 million

▲ 34% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 22,782

▲ 246% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 156.7 million.

People and assets in 2025

Full-time equivalents

678.3

▼ 99 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 72.4 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 48.3 million

▼ 10% vs 2024

€ 71,200 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.

Vehicles and equipment

€ 481,127

▼ 23% vs 2024

Of which on lease € 37,822.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 39,786

▼ 37% vs 2024

€ 24,473 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 17.5 million

▼ 33% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 24 days on average.

Taxes and wages

€ 11.5 million

▲ 14% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 435,619,298 Revenue 2022: € 435,619,298 First fiscal year in the series	€ 401,035,388 Revenue 2023: € 401,035,388 ▼ 8% vs 2022 (€ 435,619,298) Unfavourable step	€ 388,814,760 Revenue 2024: € 388,814,760 ▼ 3% vs 2023 (€ 401,035,388) Unfavourable step	€ 349,827,971 Revenue 2025: € 349,827,971 ▼ 10% vs 2024 (€ 388,814,760) Unfavourable step	▼ 10%
Profit after taxes	€ -31,496,692 Profit after taxes 2022: € -31,496,692 First fiscal year in the series	€ 2,968,054 Profit after taxes 2023: € 2,968,054 ▲ € 34.5 million vs 2022 (€ -31,496,692) Favourable step	€ 17,744,798 Profit after taxes 2024: € 17,744,798 ▲ € 14.8 million vs 2023 (€ 2,968,054) Favourable step	€ 23,817,191 Profit after taxes 2025: € 23,817,191 ▲ 34% vs 2024 (€ 17,744,798) Favourable step	▲ 34%
Equity	€ 237,443,592 Equity 2022: € 237,443,592 First fiscal year in the series	€ 239,518,052 Equity 2023: € 239,518,052 ▲ 1% vs 2022 (€ 237,443,592) Favourable step	€ 257,172,555 Equity 2024: € 257,172,555 ▲ 7% vs 2023 (€ 239,518,052) Favourable step	€ 254,874,106 Equity 2025: € 254,874,106 ▼ 1% vs 2024 (€ 257,172,555) Unfavourable step	▼ 1%
Total debts	€ 52,154,483 Total debts 2022: € 52,154,483 First fiscal year in the series	€ 64,048,669 Total debts 2023: € 64,048,669 ▲ 23% vs 2022 (€ 52,154,483) Unfavourable step	€ 37,208,198 Total debts 2024: € 37,208,198 ▼ 42% vs 2023 (€ 64,048,669) Favourable step	€ 30,736,200 Total debts 2025: € 30,736,200 ▼ 17% vs 2024 (€ 37,208,198) Favourable step	▼ 17%
Cash	€ 93,972 Cash 2022: € 93,972 First fiscal year in the series	€ 32,361 Cash 2023: € 32,361 ▼ 66% vs 2022 (€ 93,972) Unfavourable step	€ 6,593 Cash 2024: € 6,593 ▼ 80% vs 2023 (€ 32,361) Unfavourable step	€ 22,782 Cash 2025: € 22,782 ▲ 246% vs 2024 (€ 6,593) Favourable step	▲ 246%
Land & buildings	€ 31,165,394 Land & buildings 2022: € 31,165,394 First fiscal year in the series	€ 40,631,417 Land & buildings 2023: € 40,631,417 ▲ 30% vs 2022 (€ 31,165,394) Unchanged	€ 39,215,795 Land & buildings 2024: € 39,215,795 ▼ 3% vs 2023 (€ 40,631,417) Unchanged	€ 37,741,969 Land & buildings 2025: € 37,741,969 ▼ 4% vs 2024 (€ 39,215,795) Unchanged	▼ 4%
Retained profit	€ 127,159,380 Retained profit 2022: € 127,159,380 First fiscal year in the series	€ 130,127,434 Retained profit 2023: € 130,127,434 ▲ 2% vs 2022 (€ 127,159,380) Favourable step	€ 147,872,232 Retained profit 2024: € 147,872,232 ▲ 14% vs 2023 (€ 130,127,434) Favourable step	€ 156,650,555 Retained profit 2025: € 156,650,555 ▲ 6% vs 2024 (€ 147,872,232) Favourable step	▲ 6%
Bank debt	€ 107,050 Bank debt 2022: € 107,050 First fiscal year in the series	€ 85,608 Bank debt 2023: € 85,608 ▼ 20% vs 2022 (€ 107,050) Favourable step	€ 63,202 Bank debt 2024: € 63,202 ▼ 26% vs 2023 (€ 85,608) Favourable step	€ 39,786 Bank debt 2025: € 39,786 ▼ 37% vs 2024 (€ 63,202) Favourable step	▼ 37%
Balance sheet total	€ 292,968,076 Balance sheet total 2022: € 292,968,076 First fiscal year in the series	€ 307,211,765 Balance sheet total 2023: € 307,211,765 ▲ 5% vs 2022 (€ 292,968,076) Unchanged	€ 297,875,417 Balance sheet total 2024: € 297,875,417 ▼ 3% vs 2023 (€ 307,211,765) Unchanged	€ 287,998,071 Balance sheet total 2025: € 287,998,071 ▼ 3% vs 2024 (€ 297,875,417) Unchanged	▼ 3%
Employees (FTE)	913.5 Employees (FTE) 2022: 913.5 First fiscal year in the series	837.3 Employees (FTE) 2023: 837.3 ▼ 76.2 vs 2022 (913.5) Unchanged	777.3 Employees (FTE) 2024: 777.3 ▼ 60 vs 2023 (837.3) Unchanged	678.3 Employees (FTE) 2025: 678.3 ▼ 99 vs 2024 (777.3) Unchanged	▼ 99

Key figures of IVC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to IVC?

What happened at IVC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Jul 2, 2026 New annual accounts for financial year 2025: profit of € 23.8 million (▲ 34% vs 2024). Source: NBB ↗
2026 CAMAT BV stepped down as director. NBB
2026 Hoveco Management BV became a director. NBB
2025 RUDEMA BV stepped down as director. NBB
2024 CAMAT BV became a director. NBB
2022 RUDEMA BV became a director. NBB
2021 SDS MANCO BV became a director. NBB
Oct 1, 2016 New establishment in Mouscron. KBO

In short

From € 31.5 million loss in 2022 to € 23.8 million profit in 2025.

Paid € 3.9 million in corporate taxes since 2022.

Best year ever: 2025, with € 23.8 million profit.

Pays suppliers within 24 days on average.

Original PDFs at the National Bank ↗

Management

Unilin BV 100%

IVC

IVC France SARL 100%

Unilin Flooring Deutschland GmbH 100%

IVC Group Ltd 100%

Behind IVC are SDS MANCO BV, David Patton and Hoveco Management BV. The shares are held by Unilin BV (100%). It owns 100% of IVC France SARL, 100% of Unilin Flooring Deutschland GmbH and 100% of IVC Group Ltd itself.

Directors

According to the 2025 annual accounts

SDS MANCO BV

Manager · represented by Sven De Smet

Also active at: UNILIN, Unilin Holding, Mohawk International Services, A&U Energie, Unilin Insulation Feluy, A&S ENERGIE

since 2021

David Patton

Manager

since 2015

Hoveco Management BV

Managing director · represented by Veronique Hoflack

Also active at: VPK Group, UNILIN, Unilin Resins, A&U Energie, A&S ENERGIE

since 2026

CAMAT BV

Manager · represented by Wim Messiaen

Also active at: UNILIN, Unilin Holding, REYNAERS ALUMINIUM, Mohawk International Services, A&U Energie, A&S ENERGIE

since 2024 · until 2026

RUDEMA BV

Managing director · represented by Ruben Desmet

Also active at: UNILIN, IVC Green Power

since 2022 · until 2025

Shareholders

Unilin BV

100%

Participations

IVC France SARL

100%

Unilin Flooring Deutschland GmbH

100%

IVC Group Ltd

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Nijverheidslaan 29

8580 Avelgem

2.264.353.647

Industriëlaan 97 box A

7700 Mouscron

Active since 1 October 2016

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.

All companies at this address →

IVC Green Power same network

€ 1.3 million gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0866.682.231

VAT number

BE 0866.682.231

Registered office

Nijverheidslaan 29, 8580 Avelgem

Names & denominations

IVC

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

6 August 2004

Peppol

Active · Active since 1 Jan 2001

Activities · NACE

Vervaardiging van vloerkleden en tapijt

Vervaardiging van kunststofartikelen voor de bouw

Vervaardiging van kunststofelementen voor de bouw

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

View on CBE Public ↗ Annual accounts (NBB) ↗

IVC

Warning lights

Financials

What happened to IVC?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions