Losses
-€401,421 in five years
Every financial year from 2021 to 2025 closed with a loss. 2022 was the heaviest.
IBELCO
Lifetime
18 annual accounts with figures on one time axis, 29 filings since 1993peak €255,808 (2024)
€187,678▼ 26.6%
lowest -€368,975 (2014)
-€19,082▲ €85,883
peak €1.7m (2020)
€1.3m▼ 1.4%
€4.1m▼ 1.5%
Board5 names since 1992
2 directors and 1 other
Documentsfilings and deeds
31-07-2026on the last day
2025micro format
Gross margin from €255,808 to €187,678Loss of €19,082Cash from €14,528 to €26,569
Key points
from the 2025 annual accountsDebts
€4.1m 74% of the balance sheet
Financial debts 89%Suppliers 4%Other 7%
Of this, €426,524 falls due within a year.
At the same address
26 companies
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,503 companies had the same profile as IBELCO has now. Each dot stands for 7 companies, two years later.
96.4%
were still trading
1.8%
stopped another way
1.6%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 2,503 companies, not a prediction for IBELCO. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0447905022
1 director appointed, 1 resignation, 1 reappointment
Resignation: · Reappointment: · Appointment: · General meeting of 03-05-2024 · Gazette deed
Environmental permit granted
Verbouwen en/of uitbreiden zonder functiewijziging en met wijzigen van aantal woongelegenheden · Provincie Antwerpen
Reappointment: (director)
Appointment: (director) · General meeting of 07-06-2021 · Gazette deed
Official details
Source: KBO- Status
- Active since 10-07-1992Normal situation
- Registered office
- 27 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.059.249.1272018 Antwerp, since 20-10-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- ≈ €470,000estimated
- €5.6m▼ 1.4%
- Filing
- Filed on 31-07-2026, on the last day of the filing period
Insights on IBELCO
IBELCO files the micro format. That format states no turnover. The gross margin rose from €2,405 in 2006 to €187,678 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IBELCO
- What is the company number of IBELCO?
- The company number of IBELCO is 0447.905.022. The VAT number is the same number with BE in front: BE 0447.905.022.
- Where is IBELCO based?
- The registered office is at Oostenstraat 50, 2018 Antwerp.Company details
- What is the legal form of IBELCO?
- IBELCO is a public limited company (NV).
- When was IBELCO founded?
- IBELCO was founded on 10-07-1992.
- Is IBELCO still active?
- Yes, IBELCO is an active enterprise in the KBO register.
- What is the turnover of IBELCO?
- The turnover in financial year 2025 is ≈ €470,000. This figure is estimated from the gross margin of €187,678 and 2,204 comparable companies of the same size. It probably lies between €310,000 and €730,000. It is a rough estimate.Financials
- Is IBELCO profitable?
- In financial year 2025, IBELCO made a loss of €19,082.
- Where can I find the annual accounts of IBELCO?
- IBELCO filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IBELCO due?
- IBELCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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