ACTIVE

IBENS

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Financial year 2025 · closed on 31/12/2025

Net result

3,6 M €

+18.3% YoY

Revenue

65,3 M €

-0.6% YoY

Equity

13,4 M €

+4.2% YoY

Workforce

62,7 ETP

+5.2% YoY

What does IBENS do?

IBENS is a Public limited company incorporated in 1996. Its main activity is: Construction of buildings. Its registered office is in Antwerpen. It employs on average 62,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.994.892

Incorporation

11/10/1996

Legal form

Public limited company

Registered office

Marialei 11 box 1
2018 Antwerpen · FlandreSee on map

Contributed capital

4 255 000,00 €

Latest accounts

31/12/2025

Average workforce

62,7 ETP

Activities (NACE)

41001Construction of buildings· main 41201Construction of residential and non-residential buildings 45211Maintenance and repair of motor vehicles 41003Construction of buildings 41203Construction of residential and non-residential buildings 43990Other specialised construction activities n.e.c.+4

Joint committees (5)

124
12400
200
20000
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	65,3 M €	-0.6%	65,6 M €	+11.1%	59,1 M €	+3.5%	57,1 M €	-12.7%	65,4 M €	-3.2%	67,5 M €	+19.3%	56,6 M €	+4.5%	54,2 M €	-11.6%	61,2 M €	+3.6%	59,1 M €	+2.6%	57,6 M €	+41.8%	40,6 M €	+53.7%	26,4 M €	+21.1%	21,8 M €	+7.7%	20,3 M €	+3.8%	19,5 M €	+44.4%	13,5 M €	-25.0%	18 M €	-10.4%	20,1 M €
EBITDA	4,7 M €	+25.3%	3,8 M €	-17.9%	4,6 M €	-29.5%	6,5 M €	-4.0%	6,8 M €	-9.1%	7,5 M €	+7.7%	7 M €	-17.4%	8,4 M €	-2.8%	8,7 M €	+28.0%	6,8 M €	+26.9%	5,3 M €	+15.2%	4,6 M €	+68.7%	2,7 M €	+52.5%	1,8 M €	-43.3%	3,2 M €	+50.1%	2,1 M €	+82.6%	1,2 M €	+72.2%	673,5 k €	-5.4%	711,6 k €
Operating result	4,6 M €	+28.7%	3,6 M €	-20.3%	4,5 M €	-30.0%	6,4 M €	-4.7%	6,7 M €	-8.6%	7,3 M €	+7.8%	6,8 M €	-18.3%	8,3 M €	-3.1%	8,6 M €	+28.9%	6,7 M €	+27.5%	5,2 M €	+15.6%	4,5 M €	+67.0%	2,7 M €	+60.3%	1,7 M €	-45.1%	3,1 M €	+255%	865,2 k €	-4.9%	910,2 k €	+64.6%	552,8 k €	+34.0%	412,6 k €
Net result	3,6 M €	+18.3%	3 M €	-16.9%	3,7 M €	-26.1%	4,9 M €	-8.9%	5,4 M €	+0.0%	5,4 M €	+8.7%	5 M €	-17.2%	6 M €	+2.4%	5,9 M €	+32.6%	4,4 M €	+11.0%	4 M €	+15.4%	3,5 M €	+66.5%	2,1 M €	+35.4%	1,5 M €	-33.1%	2,3 M €	+119%	1,1 M €	+7.4%	977,7 k €	+24.5%	785,1 k €	+43.5%	547,3 k €
Balance sheet
Equity	13,4 M €	+4.2%	12,9 M €	-4.5%	13,5 M €	-13.8%	15,6 M €	-2.9%	16,1 M €	-1.4%	16,3 M €	+48.4%	11 M €	-5.5%	11,6 M €	+0.8%	11,6 M €	+9.5%	10,6 M €	+11.3%	9,5 M €	+11.3%	8,5 M €	+68.8%	5 M €	+7.9%	4,7 M €	+4.3%	4,5 M €	+2.9%	4,4 M €	+1.3%	4,3 M €	+12.5%	3,8 M €	+25.8%	3 M €
Total assets	37,4 M €	-2.9%	38,5 M €	+6.4%	36,2 M €	-11.3%	40,8 M €	-12.1%	46,4 M €	-0.9%	46,8 M €	+22.7%	38,2 M €	+8.4%	35,2 M €	-5.1%	37,1 M €	+6.0%	35 M €	-0.0%	35 M €	+41.5%	24,8 M €	+45.4%	17 M €	+20.1%	14,2 M €	+16.3%	12,2 M €	-15.5%	14,4 M €	+17.3%	12,3 M €	-2.2%	12,6 M €	-0.3%	12,6 M €
Cash	9,3 M €	+79.1%	5,2 M €	+4.3%	5 M €	-54.9%	11,1 M €	-39.7%	18,4 M €	+12.9%	16,3 M €	-9.9%	18 M €	-36.9%	28,6 M €	+21.6%	23,5 M €	-14.6%	27,5 M €	+5.1%	26,2 M €	+51.4%	17,3 M €	+63.4%	10,6 M €	+11.9%	9,5 M €	+41.3%	6,7 M €	-10.5%	7,5 M €	+104%	3,7 M €	+10223%	35,5 k €	-93.5%	546,1 k €
Debts	23,7 M €	-6.5%	25,4 M €	+12.8%	22,5 M €	-9.8%	24,9 M €	-17.1%	30,1 M €	-0.4%	30,2 M €	+13.9%	26,5 M €	+14.3%	23,2 M €	-7.9%	25,2 M €	+8.2%	23,3 M €	-4.9%	24,5 M €	+50.6%	16,2 M €	+35.6%	12 M €	+26.2%	9,5 M €	+23.4%	7,7 M €	-23.5%	10 M €	+26.6%	7,9 M €	-9.2%	8,7 M €	-6.6%	9,4 M €
Other
Workforce	62,7 ETP	+5.2%	59,6 ETP	+2.8%	58,0 ETP	+5.8%	54,8 ETP	-5.4%	57,9 ETP	+5.7%	54,8 ETP	+8.5%	50,5 ETP	+2.4%	49,3 ETP	+1.6%	48,5 ETP	+0.2%	48,4 ETP	+4.1%	46,5 ETP	+9.7%	42,4 ETP	+7.1%	39,6 ETP	+0.3%	39,5 ETP	+5.9%	37,3 ETP	-4.8%	39,2 ETP	-9.3%	43,2 ETP	-9.4%	47,7 ETP	-21.9%	61,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

AAN DE STEGGE VERENIGDE BEDRIJVEN B.V.

Director · since 10 juillet 2025

Represented by Stefan GOVERS

Active

ASVB België

Managing director · since 10 juillet 2025 · 0465.014.931

Represented by Mirian HOEKSTRA - VAN DER DEEN

Active

Martin GEERNAART

Managing director · since 10 juillet 2025

Active

Tom VAN PUT

Managing director · since 10 juillet 2025

Active

Ended mandates

Aan de stegge verenigde bedrijven B.V.

Director · since 01 octobre 2021 · 0521.900.679

Represented by Govers STEFAN

Ended

Aan De Stegge Verenigde Bedrijven B.V.

Director · since 01 octobre 2021

Represented by Stefan Govers

Ended

ASVB België

Managing director · since 22 décembre 2020 · 0465.014.931

Represented by Jonathan Furst

Ended

ASVB België

Managing director · since 22 décembre 2020 · 0465.014.931

Represented by Jonathan Furst

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	12/05/2026	08/05/2025	22/05/2024	28/06/2023	21/06/2022	06/08/2021
General meeting	05/05/2026	06/05/2025	08/05/2024	15/05/2023	31/05/2022	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

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	05/05/2026	12/05/2026	Dutch	PDF
Full model	31/12/2024	06/05/2025	08/05/2025	Dutch	PDF
Full model	31/12/2023	08/05/2024	22/05/2024	Dutch	PDF
Full modelCorrection	31/12/2022	15/05/2023	28/06/2023	Dutch	PDF
Full model	31/12/2022	15/05/2023	16/06/2023	Dutch	PDF
Full model	31/12/2021	31/05/2022	21/06/2022	Dutch	PDF
Full model	31/12/2020	25/06/2021	06/08/2021	Dutch	PDF
Full model	31/12/2019	29/05/2020	23/06/2020	Dutch	PDF
Full model	31/12/2018	31/05/2019	26/06/2019	Dutch	PDF
Full model	31/12/2017	25/05/2018	06/07/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	07/07/2017	Dutch	PDF
Full model	31/12/2015	27/05/2016	06/07/2016	Dutch	PDF
Full model	31/12/2014	29/05/2015	07/07/2015	Dutch	PDF
Full model	31/12/2013	30/05/2014	25/06/2014	Dutch	PDF
Full model	31/12/2012	31/05/2013	13/06/2013	Dutch	PDF
Full model	31/12/2011	25/05/2012	15/06/2012	Dutch	PDF
Full model	31/12/2010	27/05/2011	15/06/2011	Dutch	PDF
Full model	31/12/2009	28/05/2010	21/06/2010	Dutch	PDF
Full model	31/12/2008	14/08/2009	25/08/2009	Dutch	PDF
Full model	31/12/2007	30/05/2008	30/07/2008	Dutch	PDF
Full model	31/12/2006	09/07/2007	31/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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.

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 · 4 active · 23 ended

Active mandates

AAN DE STEGGE VERENIGDE BEDRIJVEN B.V.

Director · since 10 juillet 2025

Represented by Stefan GOVERS

Active

ASVB België

Managing director · since 10 juillet 2025 · 0465.014.931

Represented by Mirian HOEKSTRA - VAN DER DEEN

Active

Martin GEERNAART

Managing director · since 10 juillet 2025

Active

Tom VAN PUT

Managing director · since 10 juillet 2025

Active

Ended mandates

Aan de stegge verenigde bedrijven B.V.

Director · since 01 octobre 2021 · 0521.900.679

Represented by Govers STEFAN

Ended

Aan De Stegge Verenigde Bedrijven B.V.

Director · since 01 octobre 2021

Represented by Stefan Govers

Ended

ASVB België

Managing director · since 22 décembre 2020 · 0465.014.931

Represented by Jonathan Furst

Ended

ASVB België

Managing director · since 22 décembre 2020 · 0465.014.931

Represented by Jonathan Furst

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/11/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/08/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/12/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN
PDF
Mandates09/11/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other03/03/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/01/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - 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 20253,6 M €↑
2024
Annual accounts 20243 M €↓
2023
Annual accounts 20233,7 M €↓
2022
Annual accounts 20224,9 M €↓
2021
Annual accounts 20215,4 M €↑
2020
Annual accounts 20205,4 M €↑
2019
Annual accounts 20195 M €↓
2018
Annual accounts 20186 M €↑
2017
Annual accounts 20175,9 M €↑
2016
Annual accounts 20164,4 M €↑
2015
Annual accounts 20154 M €↑
2014
Annual accounts 20143,5 M €↑
2013
Annual accounts 20132,1 M €↑
2012
Annual accounts 20121,5 M €↓
2011
Annual accounts 20112,3 M €↑
2010
Annual accounts 20101,1 M €↑
2009
Annual accounts 2009977,7 k €↑
2008
Annual accounts 2008785,1 k €↑
2007
Annual accounts 2007547,3 k €
11/10/1996
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

IBENS

Overview

What does IBENS do?

Trend over 19 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