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IB CONSTRUCT

Active Private limited companyfounded 2022active for 4 yearsRue des Dominicaines 56, 5002 NamurKBO/BCE: BE 0792.707.853
IB CONSTRUCT
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Overview

Lifetime

3 annual accounts with figures on one time axis
peak €218,634 (2024)
€196,427▼ 10.2%
peak €9,320 (2024)
€1,210▼ 87.0%
peak €21,773 (2025)
€21,773▲ 5.9%
€124,173▲ 134%
Board1 name since 2022
1 director
Documentsfilings and deeds
10-08-202610 days late
2025financial year
Gross margin from €61,387 to €43,477Result from €9,320 to €1,210Debts from €52,955 to €124,173Cash from €7,781 to €3,460

Key points

from the 2025 annual accounts

Equity

€21,773 ▲ 5.9%

IB CONSTRUCT has made a profit in every financial year since 2023.

Debts

€124,173 85% of the balance sheet
Suppliers 19%Taxes and wages 8%Other 72%

Payment terms

57 days to suppliers
Suppliers
75 to 57
Customers
95 to 105

IB CONSTRUCT pays its suppliers 18 days earlier than in 2024. Customers pay 10 days later.

Filings

3 annual accounts 1 late
AprilJune31 JulyOctober202320242025

The 2025 accounts came 10 days late. The other two were filed on time.

Position in the sector

€21,773

Less equity than 89% of companies in specialised construction. Sector median €459,115 · 2,466 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,542 companies had the same profile as IB CONSTRUCT has now. Each dot stands for 7 companies, two years later.

95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.3% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 2,542 companies, not a prediction for IB CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 100 sharesdeed of 24-10-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0792707853
Incorporation Founding capital of €3,000, 100 shares · Founder: · Appointment: (director) · published on 24-10-2022 · Gazette deed
First establishment Rue des Dominicaines 56, Namur
All 8 events

Comparable companies

same main activity, similar in size and age
Company
IB CONSTRUCT Namur €145,946 €43,477 14.9% -
InserelecGreen Walcourt €150,847 €41,021 61.0% -
Dussard Danny et Damien Rochefort €144,057 €41,690 23.6% -
Van Beers Techniek Arendonk €139,738 €42,367 87.1% -
EGB ELEKTRICITEIT Bilzen-Hoeselt €152,364 €48,190 60.0% -
BAERT TECHNICS Mechelen €132,467 €42,187 57.2% -
GAÉTAN VERSTRAETEN Gavere €155,712 €46,849 73.8% -

These companies have the same main activity as IB CONSTRUCT: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €132,000 and €156,000, founded between 2022 and 2023.

Official details

Source: KBO
Status
Active since 20-10-2022Normal situation
Activity
General electrical installation workNACE 43211and 3 others
Establishment unit
2.337.224.1065002 Namur, since 20-10-2022
Financial year end
31 December
Peppol
Reachable since 31-12-2025
Company details

Annual accounts 2025

€196,427▼ 10.2%
€1,210▼ 87.0%
€21,773▲ 5.9%
€145,946▲ 98.5%
≈ 0.4 FTEestimated
Filing
Filed on 10-08-2026
Financials

Insights on IB CONSTRUCT

Solvency fell in 2025 from 28.0% to 14.9%.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

full format, filed on 10-08-2026, 10 days late
€196,427
▼ 10.2%
€4,203
▼ 56.8%
€11,153
▼ 28.9%
€8,160
▼ 46.6%
14.9%
▼ 13.1 percentage points
1.16
▼ 0.12

Money flows

of every €100 of turnover, €0.62 remains as profit in 2025

Balance sheet

balance sheet total €145,946 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

Compare with sector

14.9%

Higher than 16% of 2,466 companies in 2025.

1.16

Higher than 26% of 2,439 companies in 2025.

0.8%

Higher than 30% of 2,457 companies in 2025.

IB CONSTRUCT Middle half of the sector 80% of the sector Full accounts in specialised construction (NACE 43)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023
Balance sheet: assets
20/58 145,94673,51832,212
21/28 1,8015,95011,901
22/27 1,8015,95011,901
23 1,8011,6673,333
24 -4,2838,568
29/58 144,14567,56820,311
3 81,550-7,500
30/36 81,550-7,500
40/41 59,13559,7871,995
40 56,34856,876-
41 2,7882,9111,995
54/58 3,4607,78110,816
Balance sheet: equity and liabilities
10/49 145,94673,51832,212
10/15 21,77320,56311,243
10/11 3,0003,0003,000
10 3,0003,0003,000
100 3,0003,0003,000
13 300300300
130/1 300300300
130 300300300
14 18,47317,2637,943
17/49 124,17352,95520,969
17 -0689
170/4 -0689
42/48 124,17352,95520,280
42 80,0006893,999
44 24,11932,24316,281
440/4 24,11932,24316,281
45 10,30810,308-
454/9 10,30810,308-
47/48 9,7469,715-
Income statement
70 196,427218,634158,878
76A 2,063--
9900 43,47761,38732,566
60/61 155,012157,246126,207
62 10,24042,13616,985
630 6,9505,9505,950
640/8 22,0843,570423
9901 4,2039,7319,208
65/66B 1,165411965
65 1,165411965
9903 3,0399,3208,243
67/77 1,829--
9904 1,2109,3208,243
9905 1,2109,3208,243
Appropriation of the result
9906 18,47317,2638,243
14P 17,2637,943-
691/2 --300
6920 --300
Document PDFPDFPDF

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 10-08-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 10 days after the deadline. Filed on 10 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00390543.

Financial year Type Filed Reference Document
31-12-2025 full format 10-08-2026 2026-00390543 PDF
31-12-2024 full format 27-07-2025 2025-00318004 PDF
31-12-2023 full format 11-06-2024 2024-00126903 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023
11,15315,68115,158
8,16015,27014,193
2,800-117,851
-4,321-3,035-
19,97214,61331
2.1%4.5%5.8%
14.9%28.0%34.9%
1.161.281.00
0.501.280.63
5.702.581.87
5.6%45.3%73.3%
0.8%12.7%25.6%
9.5838.1515.71
105 days95 days5 days
57 days75 days47 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item202520242023
Tangible fixed assets--€17,851
€6,950€5,950€5,950

Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)

Insights on IB CONSTRUCT

The operating result for 2025 is 57% lower than in 2024 and the lowest since 2023.

Debt's share of the balance-sheet total rises from 72.0% to 85.1%. Equity and debt are higher.

Board & ownership

Board

1 director, since incorporation
Director
appointed by deed of 24-10-2022 term without a fixed end

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today

Director
Board
Mandates as a list
    • Director, appointed by deed of 24-10-2022, still in office

See the board, name and registered office on a given date →

Control

Founder
This company
IB CONSTRUCT
Equity €21,773
Profit €1,210 in 2025

Capital

Contribution
€3,000
Shares
100
Contribution per share
€30
Equity per share
€218 in 2025
Source
deed of 24-10-2022

Articles of association

deed of 24-10-2022 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs proportionnellement nombre actions si plusieurs, toutes cessions entre vifs onéreux ou gratuit volontaires…”

Shareholders

At incorporation deed of 24-10-2022 ↗
  • 100 shares (100%)

Network & group

No group

IB CONSTRUCT has no parent and no holdings in its annual accounts. is the only director.

Earlier ties

via , no longer at · Manager (not named in the articles) · deed of 18-04-2019
founded in 2019 · negative equity (2025)
 turnover €124,224 (2025)

Connections & network

Depth

The network starts from the earlier ties.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

8 events since 2022

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBfull format · 10 days late
2025
Weakest financial year net €1,210 ▼87% The net result drops to €1,210, the lowest from 2023 to 2025.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0792707853
Annual accounts 2024 filed PDFfull format · 4 days before the deadline
2024
Highest result from 2023 to 2025 net €9,320 ▲13.1% The operating result of €9,731 and the net result of €9,320 are both a record.
Annual accounts 2023 filed PDFfull format · 50 days before the deadline
2022
IncorporationFounding capital of €3,000, 100 shares · Founder: · Appointment: (director) · published on 24-10-20225 points ▸
  • Founder,
  • Founding capital, €3,000, 100 shares
  • Registered office clause, rue des Dominicaines, numéro 56, 5002 Namur (section de Saint-Servais)
  • Board rule, 1
  • Director appointment,
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

First establishment Rue des Dominicaines 56, Namur

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

On 20 October 2022, IB CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €3,000.12 is director of the company, appointed by deed of 24-10-2022.2 Turnover went from €158,878 in 2023 to €196,427 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 24-10-2022
  3. 3National Bank, annual accounts 2023 and 2025

Company details

Identity

Enterprise number
0792.707.853
VAT number
BE 0792.707.853
Peppol ID
0208:0792707853
Other Peppol ID
9925:BE0792707853
Legal form
Private limited company
Status
Active, normal situation
Founded
20-10-2022
Financial year
ends on 31 December
Peppol
Reachable since 31-12-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
IB CONSTRUCT in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 24-10-2022 (in French)
Name clauseThe company operates under this name according to its articles.
IB Construct
deed of 24-10-2022 (in French)

Activities

NACEBEL 2025
43211 General electrical installation work main activity
41001 General construction of residential buildings
43212 Electrical installation work in industrial facilities
43990 Other specialised construction activities
Codes under NACEBEL 2008
43211 Specialised construction activities main activity
41201 General construction of buildings
43212 Specialised construction activities
43995 Specialised construction activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“L’entreprise de constructions; L’entreprise d’installation en électricité,l’entreprise de fabrication et d’installation d’enseigne…”
21 activities
  1. L’entreprise de constructions
  2. L’entreprise d’installation en électricité,l’entreprise de fabrication et d’installation d’enseigne lumineuse,l’entreprise de pose de câbles et de canalisations diverses,l’entreprise d’installation d’éclairage,de force motrice et de téléphonie
  3. Le commerce de gros ou de détail en articles sanitaires,en articles de lustreries et d’éclairage,d’électroménager,en article de droguerie,couleurs et produits d’entretien,en ferronnerie,en quincaillerie,en matériel électrique et agricole,en appareil de chauffage,en matériel de frigoristerie,en appareils électriques,en matériel radio électrique,en matériel d’isolation
  4. L’achat,la vente,l’importation,l’exportation,la location,la réparation et l’entretien et le commerce en général de toutes marchandises,matériels ou appareils se rapportant directement ou indirectement au secteur de l’électricité,de l’électroménager,d’appareils ménagers non électriques,de vaisselle,de verrerie,de porcelaine et de poterie,cette liste étant exemplative et non limitative
  5. La réparation des appareils électriques et le placement et la réparation de toutes les installations électriques notamment pour l’approvisionnement en courant,l’éclairage,les enseignes lumineuses,pour le chauffage,la climatisation autre que celle prévue dans les activités d’installation de climatisation,la domotique,la communication,la signalisation,l’enregistrement et la reproduction d’images ou de sons,et la sécurisation contre la surtension,l’incendie ou le vol
  6. L’installation électrotechniques de bâtiment à savoir notamment mais non exclusivement l’installation de:câbles et appareils électriques;câbles de télécommunications;Câblage de réseau informatique et de télévision par câble,y compris les fibres optiques;Paraboles;installations d’éclairage;capteurs électriques d’énergie solaire;câbles et appareils électriques;système électriques d’alarme sans surveillance comme les alarmes incendie et les alarmes contre les effractions;la connexion d’appareils électriques et d’électroménagers;l’installation de système de chauffage électrique par panneau rayonnant;d’énergie renouvelable
  7. Le commerce et la pose de panneaux photovoltaïques,de panneaux solaires,de pompes à chaleur,etc,…
  8. Le commerce de gros ou de détail en matériaux de construction
  9. Travaux de finitions
  10. Travaux de voirie(s),parcs et jardins
  11. Tous travaux d’aménagements extérieurs
  12. Travaux publics et ou privés
  13. Isolation thermique et acoustique
  14. Toutes opérations immobilières,achat et vente d’immeuble,promotion immobilière,que ce soit en construction ou en restauration d’immeuble,démolition et reconstruction et toutes les activités annexes,en particulier l’intermédiation en matière immobilière,l’achat,la vente,l’échange,la construction,la reconstruction,la démolition,la transformation,l’exploitation,la location et la gérance de tous immeubles bâtis,meublés ou non;l’achat,la vente,l’échange,la mise en valeur,le lotissement,l’exploitation,la location et l’affermage de tous immeubles non bâtis
  15. Toutes activités d’achat de vente de véhicules automobiles ainsi que les activités d’entretien,réparation et location
  16. Toutes activités de transport,tant de choses que de personnes,au niveau national comme international,que ce soit par route,chemin de fer,avion ou navire,en nom propre ou en sous-traitance
  17. La commercialisation de ces services
  18. L’intermédiaire commercial en tous secteurs d’activités
  19. L’intervention dans la gestion de toutes sociétés tierces,dont l’objet social est proche ou complémentaire de l’objet social de la société
  20. L’agence de publicité pour compte propre,pour compte de tiers ou en participation,en Belgique ou à l’étranger
  21. La restauration en général et le secteur HORECA,l’organisation de banquets et réceptions,y compris l’organisation,la gestion et l’exploitation,sous sa propre enseigne ou par voie de franchise ou licence de cafétérias,débits de boisson,sandwicheries,pizzerias,service de cuisine rapide,de tout service traiteur,la mise à disposition de salles de réunion ou banquets,avec ou sans service traiteur,ainsi que la préparation,la fabrication,l’importation,l’exportation,la livraison à domicile,la vente ambulante,l’achat et la vente,en gros ou au détail de toutes denrées alimentaires et de tous aliments à emporter ou à consommer sur place,en ce compris de boissons
deed of 24-10-2022 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue des Dominicaines 56 registered office 5002 Namur 20-10-2022 2.337.224.106

Buildings and parcels at the address

Ground area
245 m²
Buildings
74 m²
Volume, LiDAR
710 m³
Tallest building
11.6 m
Buildings to scale, each on its own parcel
74 m², 11.6 m 74 m², 11.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
92108B0374/00A038245 m² 1 · 74 m² 11.6 m · 3

Invoicing and payment

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0792.707.853

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