ACTIVE

IBBR

Financial year 2025 · closed on 31/12/2025
Net result
406,8 k €
+68.3% YoY
Gross margin
1,4 M €
+14.0% YoY
Equity
1,6 M €
+35.1% YoY

What does IBBR do?

IBBR is a Public limited company incorporated in 2019. Its main activity is: Development of building projects. Its registered office is in Merchtem.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0735.544.565
Incorporation
02/10/2019
Legal form
Public limited company
Registered office
Kleistraat 68
1785 Merchtem · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 6 financial years

202520242023202220212020
Income statement
Gross margin1,4 M €1,2 M €1,1 M €1,2 M €224,5 k €-12,8 k €
EBITDA1,3 M €1,2 M €1,1 M €1,2 M €224,1 k €-13,5 k €
Operating result967,1 k €916,8 k €801,1 k €924,3 k €224,1 k €-13,5 k €
Net result406,8 k €241,7 k €184,5 k €513,3 k €171,1 k €-13,5 k €
Balance sheet
Equity1,6 M €1,2 M €917,4 k €732,9 k €219,6 k €48,5 k €
Total assets12,7 M €12,6 M €13,2 M €13,3 M €14,3 M €5,8 M €
Cash345,9 k €367,4 k €539,8 k €320,3 k €247,9 k €98,3 k €
Debts11 M €11,3 M €12,1 M €12,4 M €14 M €5,7 M €
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 · 1 active · 4 ended

Active mandates

RE-tail Return Partners II

Director · since 25 mars 2022 · until 25 mars 2028 · 0720.913.007

Represented by Philip DE GREVE

Active

Ended mandates

RE-tail Return Partners II

Director · since 25 mars 2022 · until 25 mars 2028 · 0720.913.007

Represented by Philip DE GREVE

Ended
CHRISTOPHER KUMPEN REAL ESTATE DEVELOPMENT MANAGEMENT

Managing director · since 27 septembre 2019 · until 27 septembre 2025 · 0845.052.122

Represented by Christopher Kumpen

Ended
Erik Jehoul

Managing director · since 27 septembre 2019 · until 27 septembre 2025

Ended
Group GL

Managing director · since 27 septembre 2019 · until 27 septembre 2025 · 0808.091.657

Represented by Ghislain Lenaers

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202127/09/2019
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months16 months
Filing date29/05/202602/06/202530/05/202431/05/202329/07/202208/07/2021
General meeting26/05/202627/05/202528/05/202430/05/202330/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

6 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/05/202629/05/2026DutchPDF
Abridged model31/12/202427/05/202502/06/2025DutchPDF
Abridged model31/12/202328/05/202430/05/2024DutchPDF
Abridged model31/12/202230/05/202331/05/2023DutchPDF
Abridged model31/12/202130/06/202229/07/2022DutchPDF
Abridged model31/12/202025/06/202108/07/2021DutchPDF
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 · 1 active · 4 ended

Active mandates

RE-tail Return Partners II

Director · since 25 mars 2022 · until 25 mars 2028 · 0720.913.007

Represented by Philip DE GREVE

Active

Ended mandates

RE-tail Return Partners II

Director · since 25 mars 2022 · until 25 mars 2028 · 0720.913.007

Represented by Philip DE GREVE

Ended
CHRISTOPHER KUMPEN REAL ESTATE DEVELOPMENT MANAGEMENT

Managing director · since 27 septembre 2019 · until 27 septembre 2025 · 0845.052.122

Represented by Christopher Kumpen

Ended
Erik Jehoul

Managing director · since 27 septembre 2019 · until 27 septembre 2025

Ended
Group GL

Managing director · since 27 septembre 2019 · until 27 septembre 2025 · 0808.091.657

Represented by Ghislain Lenaers

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/03/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    PDF
  • Other04/10/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2025
    Annual accounts 2025406,8 k €
  2. 2024
    Annual accounts 2024241,7 k €
  3. 2023
    Annual accounts 2023184,5 k €
  4. 2022
    Annual accounts 2022513,3 k €
  5. 2021
    Annual accounts 2021171,1 k €
  6. 2020
    Annual accounts 2020-13,5 k €
  7. 02/10/2019
    IncorporationPublic limited company