IG BELCO
0458.949.857 · rovalta.com · 23/09/2026
ACTIVE
IG BELCO
Financial year 2025 · closed on 31/12/2025
Net result
81,6 k €
+34.6% YoY
Gross margin
157,8 k €
+21.3% YoY
Equity
406,7 k €
+19.8% YoY
Overview
What does IG BELCO do?
IG BELCO is a Private limited company incorporated in 1996. Its main activity is: Wholesale of wood, construction materials and sanitary equipment. Its registered office is in Lille.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0458.949.857
Incorporation
07/10/1996
Legal form
Private limited company
Registered office
Haestakkers 30
2275 Lille · FlandreSee on map
2275 Lille · FlandreSee on map
Contributed capital
18 592,01 €
Latest accounts
31/12/2025
Activities (NACE)
46732Wholesale of wood, construction materials and sanitary equipment· main46832Wholesale trade, except of motor vehicles and motorcycles51531Air transport16230Manufacture of other builders' carpentry and joinery16230Manufacture of other builders' carpentry and joinery20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics+3
Joint committees (1)
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 20 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||||
| Gross margin | 157,8 k € | +21.3% | 130,1 k € | +455% | 23,4 k € | -84.1% | 147,4 k € | +46.1% | 100,9 k € | -23.9% | 132,7 k € | +205% | 43,5 k € | -56.1% | 99,2 k € | +3794% | 2,5 k € | -92.4% | 33,4 k € | -9.3% | 36,8 k € | -64.9% | 104,9 k € | +56.5% | 67 k € | +284% | 17,5 k € | -79.6% | 85,4 k € | +221% | 26,6 k € | +130% | 11,6 k € | -54.2% | 25,3 k € | -63.9% | 70,1 k € | +529% | -16,4 k € |
| EBITDA | 153,7 k € | +22.2% | 125,8 k € | +607% | 17,8 k € | -87.4% | 140,8 k € | +46.7% | 96 k € | -24.9% | 127,8 k € | +228% | 38,9 k € | -58.8% | 94,5 k € | +2082% | -4,8 k € | -125% | 19 k € | +226% | -15,1 k € | -139% | 38,8 k € | +94.3% | 20 k € | +28.7% | 15,5 k € | -81.5% | 84,1 k € | +233% | 25,3 k € | +169% | 9,4 k € | -59.6% | 23,3 k € | -64.6% | 65,8 k € | +447% | -19 k € |
| Operating result | 128,9 k € | +26.8% | 101,7 k € | +7346% | -1,4 k € | -101% | 122 k € | +47.7% | 82,6 k € | -28.3% | 115,2 k € | +339% | 26,2 k € | -67.9% | 81,8 k € | +557% | -17,9 k € | -319% | 8,2 k € | +129% | -28,2 k € | -235% | 20,9 k € | +93.6% | 10,8 k € | +1139% | -1 k € | -102% | 68,1 k € | +496% | 11,4 k € | +1942% | 559 € | -95.5% | 12,4 k € | -77.3% | 54,4 k € | +280% | -30,3 k € |
| Net result | 81,6 k € | +34.6% | 60,6 k € | +423% | -18,8 k € | -124% | 77,1 k € | +38.0% | 55,9 k € | -28.9% | 78,6 k € | +451% | 14,3 k € | -78.4% | 65,9 k € | +383% | -23,3 k € | -1406% | 1,8 k € | +105% | -34,5 k € | -377% | 12,5 k € | +124% | 5,6 k € | +237% | -4,1 k € | -110% | 40,2 k € | +2172% | 1,8 k € | +122% | -8,2 k € | -2224% | 385 € | -99.3% | 52,3 k € | +267% | -31,3 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||||
| Equity | 406,7 k € | +19.8% | 339,4 k € | +21.8% | 278,7 k € | -6.9% | 299,3 k € | +34.7% | 222,2 k € | +33.6% | 166,4 k € | +89.5% | 87,8 k € | +19.4% | 73,5 k € | +869% | 7,6 k € | -75.4% | 30,9 k € | +6.1% | 29,1 k € | -54.3% | 63,6 k € | +24.3% | 51,2 k € | +12.2% | 45,6 k € | -8.2% | 49,7 k € | +423% | 9,5 k € | +22.9% | 7,7 k € | -51.4% | 15,9 k € | +2.5% | 15,5 k € | +163% | -24,8 k € |
| Total assets | 896 k € | +5.9% | 845,9 k € | -22.2% | 1,1 M € | -1.6% | 1,1 M € | +16.4% | 949 k € | +2.3% | 927,3 k € | +26.8% | 731,4 k € | -24.8% | 972,7 k € | +59.5% | 609,6 k € | -5.8% | 647,4 k € | -11.2% | 729,1 k € | -11.1% | 820,2 k € | +23.3% | 665 k € | +4.3% | 637,5 k € | -5.1% | 671,9 k € | +3.6% | 648,4 k € | +49.9% | 432,5 k € | +74.7% | 247,6 k € | +11.4% | 222,2 k € | +35.5% | 164 k € |
| Cash | 354,9 k € | +135% | 151,3 k € | -45.0% | 275,4 k € | +71.8% | 160,3 k € | +25.9% | 127,3 k € | -46.3% | 237,1 k € | +4.2% | 227,6 k € | +58.2% | 143,8 k € | -9.6% | 159,1 k € | -37.9% | 256,3 k € | +181% | 91,3 k € | -62.8% | 245,6 k € | +234% | 73,5 k € | +79.3% | 41 k € | -2.9% | 42,2 k € | +86.6% | 22,6 k € | +106% | 11 k € | -70.7% | 37,4 k € | +185% | 13,1 k € | -47.9% | 25,2 k € |
| Debts | 489,3 k € | -3.4% | 506,4 k € | -37.3% | 807,7 k € | +0.4% | 804,4 k € | +10.9% | 725,6 k € | -4.6% | 760,9 k € | +18.2% | 643,7 k € | -28.4% | 899,2 k € | +49.3% | 602,1 k € | -2.3% | 616,5 k € | -11.9% | 700 k € | -7.5% | 756,6 k € | +23.3% | 613,8 k € | +3.7% | 591,9 k € | -4.9% | 622,2 k € | -2.6% | 638,7 k € | +50.4% | 424,8 k € | +83.4% | 231,7 k € | +12.1% | 206,7 k € | +9.5% | 188,9 k € |
| Other | |||||||||||||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | – | – | – | – | – | 1,0 ETP | 0.0% | 1,0 ETP | – | – | – | – | – | – | – | – | ||||||||||||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 500 k€ and 1 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
Geert Horemans
ActiveEnded mandates
Geert Horemans
EndedFinancials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 31/08/2026 | 28/08/2025 | 07/11/2024 | 30/08/2023 | 31/08/2022 | 31/08/2021 |
| General meeting | 19/05/2026 | 20/05/2025 | 21/05/2024 | 16/05/2023 | 17/05/2022 | 18/05/2021 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 19/05/2026 | 31/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 20/05/2025 | 28/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 21/05/2024 | 07/11/2024 | Dutch | |
| Abridged model | 31/12/2022 | 16/05/2023 | 30/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 17/05/2022 | 31/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 18/05/2021 | 31/08/2021 | Dutch | |
| Abridged model | 31/12/2019 | 19/05/2020 | 30/09/2020 | Dutch | |
| Abridged model | 31/12/2018 | 21/05/2019 | 08/10/2019 | Dutch | |
| Abridged model | 31/12/2017 | 15/05/2018 | 30/08/2018 | Dutch | |
| Abridged model | 31/12/2016 | 16/05/2017 | 25/08/2017 | Dutch | |
| Abridged model | 31/12/2015 | 17/05/2016 | 29/08/2016 | Dutch | |
| Abridged model | 31/12/2014 | 19/05/2015 | 21/08/2015 | Dutch | |
| Abridged model | 31/12/2013 | 20/05/2014 | 25/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 21/05/2013 | 27/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 15/05/2012 | 29/08/2012 | Dutch | |
| Abridged model | 31/12/2010 | 17/05/2011 | 19/07/2011 | Dutch | |
| Abridged model | 31/12/2009 | 18/05/2010 | 29/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 19/05/2009 | 06/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 20/05/2008 | 25/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 16/05/2007 | 28/08/2007 | Dutch |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 500 k€ and 1 M€
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 1 active · 1 ended
Active mandates
Geert Horemans
ActiveEnded mandates
Geert Horemans
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202581,6 k €↑
- 2024Annual accounts 202460,6 k €↑
- 2023Annual accounts 2023-18,8 k €↓
- 2022Annual accounts 202277,1 k €↑
- 2021Annual accounts 202155,9 k €↓
- 2020Annual accounts 202078,6 k €↑
- 2019Annual accounts 201914,3 k €↓
- 2018Annual accounts 201865,9 k €↑
- 2017Annual accounts 2017-23,3 k €↓
- 2016Annual accounts 20161,8 k €↑
- 2015Annual accounts 2015-34,5 k €↓
- 2014Annual accounts 201412,5 k €↑
- 2013Annual accounts 20135,6 k €↑
- 2012Annual accounts 2012-4,1 k €↓
- 2011Annual accounts 201140,2 k €↑
- 2010Annual accounts 20101,8 k €↑
- 2009Annual accounts 2009-8,2 k €↓
- 2008Annual accounts 2008385 €↓
- 2007Annual accounts 200752,3 k €↑
- 2006Annual accounts 2006-31,3 k €
- 07/10/1996IncorporationPrivate limited company