IBO Construct
0819.854.688 · rovalta.com · 20/09/2026
ACTIVE
IBO Construct
Financial year 2025 · closed on 30/09/2025
Net result
15,6 k €
+1345.1% YoY
Gross margin
6,0 k €
+143.7% YoY
Equity
230,8 k €
+7.3% YoY
Overview
What does IBO Construct do?
IBO Construct is a Private limited company incorporated in 2009. Its main activity is: Construction of utility projects for fluids. Its registered office is in Lokeren.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0819.854.688
Incorporation
19/10/2009
Legal form
Private limited company
Registered office
Waterstraat 2
9160 Lokeren · FlandreSee on map
9160 Lokeren · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
30/09/2025
Activities (NACE)
42219Construction of utility projects for fluids· main42219Construction of utility projects for fluids42212Construction of utility projects for fluids42212Construction of utility projects for fluids42220Construction of utility projects for electricity and telecommunications42220Construction of utility projects for electricity and telecommunications
Joint committees (1)
- 124
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
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Financials
Trend over 15 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||
| Gross margin | 6,0 k € | +144% | -13,8 k € | +16.2% | -16,4 k € | -111% | -7,8 k € | -251% | 5,2 k € | -88.7% | 45,7 k € | -71.7% | 161,3 k € | -5.7% | 171,1 k € | +5.1% | 162,7 k € | -18.6% | 199,9 k € | -26.2% | 270,7 k € | +20.5% | 224,6 k € | -6.5% | 240,2 k € | +16.5% | 206,2 k € | +16.1% | 177,6 k € |
| EBITDA | 5,2 k € | +136% | -14,3 k € | +16.1% | -17,1 k € | -87.5% | -9,1 k € | -325% | 4,0 k € | +180% | -5,1 k € | -122% | 23,0 k € | -27.7% | 31,9 k € | -19.1% | 39,4 k € | +295% | 10,0 k € | -29.7% | 14,2 k € | -34.2% | 21,6 k € | -31.8% | 31,6 k € | -32.2% | 46,6 k € | +79.5% | 26,0 k € |
| Operating result | 5,2 k € | +136% | -14,3 k € | +16.1% | -17,1 k € | -87.5% | -9,1 k € | -325% | 4,0 k € | +180% | -5,1 k € | -122% | 23,0 k € | -27.7% | 31,9 k € | -19.1% | 39,4 k € | +295% | 10,0 k € | -29.7% | 14,2 k € | -34.2% | 21,6 k € | -31.8% | 31,6 k € | -32.2% | 46,6 k € | +93.7% | 24,1 k € |
| Net result | 15,6 k € | +1345% | 1,1 k € | +208% | 351,3 € | -90.8% | 3,8 k € | -78.0% | 17,3 k € | -6.9% | 18,6 k € | -53.5% | 40,0 k € | +19.8% | 33,4 k € | -19.6% | 41,5 k € | +660% | 5,5 k € | -43.0% | 9,6 k € | -35.9% | 15,0 k € | -21.6% | 19,1 k € | -38.4% | 31,0 k € | +101% | 15,4 k € |
| Balance sheet | |||||||||||||||||||||||||||||
| Equity | 230,8 k € | +7.3% | 215,1 k € | +0.5% | 214,0 k € | +0.2% | 213,7 k € | +1.8% | 209,9 k € | +9.0% | 192,6 k € | +10.7% | 174,0 k € | +29.8% | 134,0 k € | +33.2% | 100,6 k € | -1.0% | 101,6 k € | +5.7% | 96,2 k € | +11.1% | 86,6 k € | +20.9% | 71,6 k € | +36.3% | 52,6 k € | +144% | 21,6 k € |
| Total assets | 329,4 k € | +0.1% | 329,1 k € | +12.0% | 293,8 k € | -46.1% | 544,7 k € | +3.3% | 527,0 k € | +5.5% | 499,4 k € | -50.1% | 1,0 M € | +28.1% | 781,3 k € | +58.3% | 493,5 k € | +13.4% | 435,4 k € | +3.7% | 420,0 k € | +11.4% | 377,1 k € | +86.1% | 202,6 k € | +91.2% | 105,9 k € | +162% | 40,5 k € |
| Cash | 2,5 k € | -87.0% | 19,5 k € | +20575% | 94,2 € | -73.2% | 351,5 € | -79.5% | 1,7 k € | +298% | 430,3 € | -90.6% | 4,6 k € | -86.4% | 33,7 k € | – | 257,6 € | -92.8% | 3,6 k € | – | 6,1 k € | -86.0% | 43,6 k € | +288% | 11,2 k € | ||||
| Debts | 98,7 k € | -2.3% | 101,0 k € | +26.6% | 79,8 k € | -75.9% | 331,0 k € | +4.4% | 317,2 k € | +3.4% | 306,9 k € | -62.9% | 827,2 k € | +27.8% | 647,3 k € | +64.8% | 392,8 k € | +17.7% | 333,7 k € | +3.1% | 323,8 k € | +11.5% | 290,5 k € | +126% | 128,5 k € | +141% | 53,4 k € | +265% | 14,6 k € |
| Other | |||||||||||||||||||||||||||||
| Workforce | – | – | – | – | – | 0,9 ETP | – | – | – | 5,4 ETP | -10.0% | 6,0 ETP | +5.3% | 5,7 ETP | +7.5% | 5,3 ETP | +8.2% | 4,9 ETP | +8.9% | 4,5 ETP | |||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 0 € and 100 k€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 3 active · 9 ended
Active mandates
Gokhan Mergen
ActiveHakan Mergen
ActiveIbrahim Mergen
ActiveEnded mandates
Gokhan Mergen
EndedHakan Mergen
EndedIbrahim Mergen
EndedIbrahim Mergen
EndedAt this address
Other companies at this address
| Company | CBE no. |
|---|---|
ADEM CONSTRUCT● Active | 0809.467.968 |
IGM● Active | 0462.158.874 |
UNISTOCK● Active | 0446.844.752 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Abridged model | Abridged model |
| Start of the financial year | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 22/04/2026 | 10/04/2025 | 10/04/2024 | 25/04/2023 | 28/03/2022 | 27/04/2021 |
| General meeting | 20/03/2026 | 21/03/2025 | 15/03/2024 | 17/03/2023 | 18/03/2022 | 19/03/2021 |
| 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
16 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 30/09/2025 | 20/03/2026 | 22/04/2026 | Dutch | |
| Micro model | 30/09/2024 | 21/03/2025 | 10/04/2025 | Dutch | |
| Micro model | 30/09/2023 | 15/03/2024 | 10/04/2024 | Dutch | |
| Micro model | 30/09/2022 | 17/03/2023 | 25/04/2023 | Dutch | |
| Abridged model | 30/09/2021 | 18/03/2022 | 28/03/2022 | Dutch | |
| Abridged model | 30/09/2020 | 19/03/2021 | 27/04/2021 | Dutch | |
| Micro model | 30/09/2019 | 20/03/2020 | 23/04/2020 | Dutch | |
| Micro model | 30/09/2018 | 15/03/2019 | 30/04/2019 | Dutch | |
| Micro model | 30/09/2017 | 26/04/2018 | 27/04/2018 | Dutch | |
| Abridged model | 30/09/2016 | 07/04/2017 | 31/05/2017 | Dutch | |
| Abridged model | 30/09/2015 | 18/03/2016 | 06/04/2016 | Dutch | |
| Abridged model | 30/09/2014 | 20/03/2015 | 27/03/2015 | Dutch | |
| Abridged model | 30/09/2013 | 11/04/2014 | 22/05/2014 | Dutch | |
| Abridged model | 30/09/2012 | 15/04/2013 | 14/05/2013 | Dutch | |
| Abridged model | 30/09/2011 | 13/04/2012 | 04/05/2012 | Dutch | |
| Abridged model | 30/09/2010 | 18/04/2011 | 26/04/2011 | Dutch |
Valuation
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.
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 30/09/2025 · 3 active · 9 ended
Active mandates
Gokhan Mergen
ActiveHakan Mergen
ActiveIbrahim Mergen
ActiveEnded mandates
Gokhan Mergen
EndedHakan Mergen
EndedIbrahim Mergen
EndedIbrahim Mergen
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
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 202515,6 k €↑
- 2024Annual accounts 20241,1 k €↑
- 2023Annual accounts 2023351,3 €↓
- 2022Annual accounts 20223,8 k €↓
- 2021Annual accounts 202117,3 k €↓
- 2020Annual accounts 202018,6 k €↓
- 2019Annual accounts 201940,0 k €↑
- 2018Annual accounts 201833,4 k €↓
- 2017Annual accounts 201741,5 k €↑
- 2015Annual accounts 20155,5 k €↓
- 2014Annual accounts 20149,6 k €↓
- 2013Annual accounts 201315,0 k €↓
- 2012Annual accounts 201219,1 k €↓
- 2011Annual accounts 201131,0 k €↑
- 2010Annual accounts 201015,4 k €
- 19/10/2009IncorporationPrivate limited company