ACTIVE

IBELCO

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-19,1 k €

+81.8% YoY

Gross margin

187,7 k €

-26.6% YoY

Equity

1,3 M €

-1.4% YoY

What does IBELCO do?

IBELCO is a Public limited company incorporated in 1992. Its registered office is in Antwerpen.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0447.905.022

Incorporation

10/07/1992

Legal form

Public limited company

Registered office

Oostenstraat 50
2018 Antwerpen · FlandreSee on map

Contributed capital

1 127 915,43 €

Latest accounts

31/12/2025

Signals

Good liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	187,7 k €	-26.6%	255,8 k €	+39.3%	183,7 k €	+1331%	-14,9 k €	+34.0%	-22,6 k €	-105%	-11 k €	-245%	-3,2 k €	+74.8%	-12,7 k €	-24704%	-51,2 €	+99.9%	-62,7 k €	+34.5%	-95,8 k €	-61.7%	-59,2 k €	-68.6%	-35,1 k €	-227%	-10,7 k €	-220%	8,9 k €	-36.1%	14 k €	+172%	-19,5 k €	-910%	2,4 k €
EBITDA	159,5 k €	+38.5%	115,2 k €	-37.2%	183,5 k €	+251%	-121,3 k €	-345%	-27,3 k €	-127%	-12 k €	-188%	-4,2 k €	+70.0%	-13,9 k €	-1158%	-1,1 k €	+98.3%	-64,1 k €	+33.4%	-96,2 k €	-60.2%	-60,1 k €	-55.3%	-38,7 k €	-14.3%	-33,8 k €	-6.2%	-31,9 k €	-332%	13,7 k €	+155%	-25,1 k €	-1145%	2,4 k €
Operating result	118,5 k €	+67.7%	70,6 k €	-49.0%	138,4 k €	+188%	-157,7 k €	-371%	-33,5 k €	-179%	-12 k €	-188%	-4,2 k €	+70.0%	-13,9 k €	-1158%	-1,1 k €	+98.3%	-64,1 k €	+33.4%	-96,2 k €	-60.2%	-60,1 k €	+13.2%	-69,2 k €	-7.8%	-64,2 k €	-3.2%	-62,2 k €	-275%	-16,6 k €	+61.7%	-43,3 k €	-225%	-13,3 k €
Net result	-19,1 k €	+81.8%	-105 k €	-108%	-50,6 k €	+75.1%	-202,9 k €	-749%	-23,9 k €	-245%	16,5 k €	-12.5%	18,9 k €	-65.8%	55,2 k €	+7.2%	51,5 k €	+549%	7,9 k €	+112%	-64,8 k €	+82.4%	-369 k €	-1504%	26,3 k €	+567%	-5,6 k €	-104%	127,6 k €	+417%	-40,2 k €	-298%	20,3 k €	-67.7%	62,8 k €
Balance sheet
Equity	1,3 M €	-1.4%	1,3 M €	-7.3%	1,4 M €	-3.4%	1,5 M €	-12.1%	1,7 M €	-1.4%	1,7 M €	+1.0%	1,7 M €	+1.1%	1,7 M €	+3.4%	1,6 M €	+3.3%	1,6 M €	+0.5%	1,6 M €	-4.0%	1,6 M €	+7.1%	1,5 M €	+1.8%	1,5 M €	-0.4%	1,5 M €	+4.0%	1,4 M €	-2.7%	1,5 M €	+1.4%	1,5 M €
Total assets	5,6 M €	-1.4%	5,6 M €	-11.4%	6,4 M €	+11.6%	5,7 M €	+45.5%	3,9 M €	+86.8%	2,1 M €	+1.2%	2,1 M €	+1.8%	2 M €	+2.8%	2 M €	-6.2%	2,1 M €	+3.5%	2 M €	-12.6%	2,3 M €	-29.6%	3,3 M €	+1.2%	3,3 M €	+4.2%	3,1 M €	+15.6%	2,7 M €	+19.8%	2,3 M €	+2.4%	2,2 M €
Cash	26,6 k €	+82.9%	14,5 k €	+105%	7,1 k €	+604%	1 k €	-31.5%	1,5 k €	+440%	272,7 €	-47.6%	520,5 €	+22.8%	423,7 €	+3.6%	408,9 €	+210%	132 €	-42.1%	227,8 €	+30.2%	175 €	-81.1%	925,9 €	+1363%	63,3 €	-13.9%	73,5 €	+25.5%	58,6 €	-99.0%	6 k €	-59.9%	14,9 k €
Debts	4,1 M €	-1.7%	4,2 M €	-13.0%	4,8 M €	+17.6%	4,1 M €	+95.2%	2,1 M €	+755%	243,8 k €	+3.4%	235,9 k €	+7.6%	219,2 k €	+0.0%	219,2 k €	-45.3%	401 k €	+19.0%	337 k €	-40.5%	566 k €	-65.8%	1,7 M €	+0.7%	1,6 M €	+9.2%	1,5 M €	+37.2%	1,1 M €	+86.0%	589 k €	+8.0%	545,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Lauren Zweegers

Director · since 03 mai 2024 · until 03 mai 2030

Active

Petrus Zweegers

Managing director · since 10 juillet 1992 · until 03 mai 2030

Active

Ended mandates

Geerd Van Helden

Director · since 08 mai 2008 · until 08 mai 2014

Ended

P.J.H.A. Zweegers

Managing director · since 08 mai 2008 · until 08 mai 2014

Ended

Gerardus Van Helden

Director · until 03 mai 2024

Ended

Gerardus Van Helden

Director

Ended

At this address

Other companies at this address

Company	CBE no.
AVCE● Active	0737.410.232
Beaupro Immo● Active	0871.825.409
CELLOPALLADIO● Active	0806.807.594
Central Immo● Active	0419.915.176
Eline Vorlat - Advocate● Active	1005.359.270
KEIZERSTRAAT● Active	0479.720.428
MEYER● Active	0404.785.057
Mopro Brussel● Active	0736.629.579
MOPRO IMMO● Active	0477.348.678
MOPRO INVEST II● Active	0477.348.777
MOPRO MECHELEN● Active	0883.299.816
PANAMERICANA● Active	0865.798.244
PORTHOS● Active	0466.974.133
RENO STAN● Active	0898.397.073
Ridim● Active	0431.022.567
ROCAMI● Active	0432.744.219
TOP ROOF● Active	0892.253.213
UTHANé● Bankrupt	0676.581.928

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	21/08/2025	08/07/2024	28/08/2023	31/08/2022	31/08/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	23/06/2023	24/06/2022	25/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/06/2026	31/07/2026	Dutch	PDF
Micro model	31/12/2024	27/06/2025	21/08/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	08/07/2024	Dutch	PDF
Micro model	31/12/2022	23/06/2023	28/08/2023	Dutch	PDF
Micro model	31/12/2021	24/06/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	25/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	26/06/2020	14/10/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	28/08/2019	Dutch	PDF
Micro model	31/12/2017	29/06/2018	24/08/2018	Dutch	PDF
Micro model	31/12/2016	30/06/2017	30/08/2017	Dutch	PDF
Abridged model	31/12/2015	24/06/2016	08/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	26/09/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	02/10/2012	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	26/10/2012	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	02/10/2012	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	30/10/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	30/10/2012	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 10 ended

Active mandates

Lauren Zweegers

Director · since 03 mai 2024 · until 03 mai 2030

Active

Petrus Zweegers

Managing director · since 10 juillet 1992 · until 03 mai 2030

Active

Ended mandates

Geerd Van Helden

Director · since 08 mai 2008 · until 08 mai 2014

Ended

P.J.H.A. Zweegers

Managing director · since 08 mai 2008 · until 08 mai 2014

Ended

Gerardus Van Helden

Director · until 03 mai 2024

Ended

Gerardus Van Helden

Director

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates14/08/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Registered office18/02/2015
MAATSCHAPPELIJKE ZETEL
PDF
Mandates08/06/2011
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/01/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/06/2008
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/11/2006
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-19,1 k €↑
2024
Annual accounts 2024-105 k €↓
2023
Annual accounts 2023-50,6 k €↑
2022
Annual accounts 2022-202,9 k €↓
2021
Annual accounts 2021-23,9 k €↓
2020
Annual accounts 202016,5 k €↓
2019
Annual accounts 201918,9 k €↓
2018
Annual accounts 201855,2 k €↑
2017
Annual accounts 201751,5 k €↑
2016
Annual accounts 20167,9 k €↑
2015
Annual accounts 2015-64,8 k €↑
2014
Annual accounts 2014-369 k €↓
2011
Annual accounts 201126,3 k €↑
2010
Annual accounts 2010-5,6 k €↓
2009
Annual accounts 2009127,6 k €↑
2008
Annual accounts 2008-40,2 k €↓
2007
Annual accounts 200720,3 k €↓
2006
Annual accounts 200662,8 k €
10/07/1992
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

IBELCO

Overview

What does IBELCO do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline