IBERIS (0452.352.075): financials and annual accounts

IBERIS

Ghent ·KBO/BCE: BE 0452.352.075

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	27.1m	26.8m	26.6m	27.3m	28.5m	30.0m	29.7m	31.7m	31.7m	30.6m	24.3m	23.3m	23.1m	21.6m	21.4m	20.9m	18.3m	17.9m	17.6m
Fixed assets`21/28`	25.4m	25.2m	25.5m	27.2m	28.4m	28.2m	29.4m	31.6m	31.7m	30.6m	22.3m	20.9m	20.2m	19.7m	21.3m	20.8m	16.9m	16.7m	16.5m
Tangible fixed assets`22/27`	148,663	158,769	172,851	185,320	198,275	229,700	183,737	201,601	217,265	147,569	147,569	157,319	176,069	194,819	213,569	138,569	138,625	141,707	153,011
Land and buildings`22`	138,569	138,569	138,569	138,569	138,569	138,569	138,569	138,569	138,569	138,569	138,569	138,569	138,569	138,569	138,569	138,569	138,569	138,568	138,570
Plant, machinery and equipment`23`	1,095	1,653	2,397	1,530	707	930	-	-	-	-	-	-	-	-	-	-	56	127	211
Furniture and vehicles`24`	9,000	18,548	31,885	45,222	59,000	90,201	45,168	63,032	78,696	9,000	9,000	18,750	37,500	56,250	75,000	-	-	3,012	14,230
Financial fixed assets`28`	25.2m	25.0m	25.3m	27.0m	28.2m	28.0m	29.3m	31.4m	31.4m	30.4m	22.2m	20.8m	20.0m	19.5m	21.1m	20.7m	16.8m	16.6m	16.4m
Current assets`29/58`	1.8m	1.7m	1.1m	77,011	83,929	1.8m	253,701	129,614	32,596	25,199	2.0m	2.4m	2.9m	1.9m	106,069	68,872	1.4m	1.2m	1.1m
Amounts receivable after more than one year`29`	5,686	5,467	5,257	5,055	-	-	-	-	7,500	-	1.3m	1.4m	2.2m	1.6m	-	-	-	-	-
Trade receivables`290`	-	-	-	-	-	-	-	-	-	-	-	-	2.2m	1.6m	-	-	-	-	-
Other amounts receivable`291`	5,686	5,467	5,257	5,055	-	-	-	-	7,500	-	1.3m	1.4m	-	-	-	-	-	-	-
Stocks and contracts in progress`3`	1.6m	1.6m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stocks`30/36`	1.6m	1.6m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	189,856	64,963	237,048	58,223	53,806	115,922	247,900	116,624	7,774	5,132	536,280	926,505	347,912	201,376	-	4	1.4m	1.2m	900,053
Trade receivables`40`	147,345	18,982	174,958	101	437	75,142	75,000	100,000	-	-	35	600	-	-	-	-	-	-	-
Other amounts receivable`41`	42,510	45,981	62,090	58,122	53,369	40,780	172,900	16,624	7,774	5,132	536,245	925,906	347,912	201,376	-	4	1.4m	1.2m	900,053
Current investments`50/53`	-	-	-	-	-	-	-	-	4,912	12,267	22,539	42,994	57,938	71,017	100,000	-	-	-	-
Cash at bank and in hand`54/58`	3,350	5,535	74,905	7,312	24,942	209,543	3,175	10,517	9,958	5,326	154,521	17,207	276,919	14,164	2,646	68,868	8,004	3,704	2,103
Deferred charges and accrued income`490/1`	8,574	10,433	748,918	6,421	5,181	1.5m	2,627	2,472	2,452	2,475	2,502	2,295	4,643	3,436	3,423	-	351	1,607	153,092
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	27.1m	26.8m	26.6m	27.3m	28.5m	30.0m	29.7m	31.7m	31.7m	30.6m	24.3m	23.3m	23.1m	21.6m	21.4m	20.9m	18.3m	17.9m	17.6m
Equity`10/15`	17.6m	16.7m	16.2m	15.2m	15.7m	13.8m	12.9m	13.3m	13.3m	13.0m	13.0m	12.2m	12.3m	11.7m	8.8m	8.8m	8.8m	8.8m	8.9m
Contributions`10/11`	9.6m	9.6m	9.6m	9.6m	9.6m	9.5m	365,697	365,697	365,697	365,697	365,697	365,697	365,697	365,697	250,589	250,589	250,589	250,589	250,589
Issued capital`100`	-	-	-	-	-	365,697	365,697	365,697	365,697	365,697	365,697	365,697	365,697	365,697	250,589	250,589	250,589	250,589	250,589
Contributions outside capital`11`	-	-	-	-	-	9.2m	9.2m	9.2m	9.2m	9.2m	9.2m	9.2m	9.2m	9.2m	6.3m	6.3m	6.3m	6.3m	6.3m
Share premium`1100/10`	-	-	-	-	-	9.2m	9.2m	9.2m	9.2m	9.2m	9.2m	9.2m	9.2m	9.2m	6.3m	6.3m	6.3m	6.3m	6.3m
Reserves`13`	-	-	-	-	0	36,570	36,570	36,570	36,570	36,570	36,570	36,570	36,570	25,059	25,059	25,059	25,059	25,059	25,059
Non-distributable reserves`130/1`	-	-	-	-	0	36,570	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	36,570	36,570	36,570	36,570	36,570	36,570	36,570	36,570	25,059	25,059	25,059	25,059	25,059	25,059
Reserves not available under the articles`1311`	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	8.0m	7.2m	6.6m	5.6m	6.1m	4.2m	3.3m	3.7m	3.7m	3.5m	3.5m	2.7m	2.7m	2.2m	2.2m	2.3m	2.3m	2.3m	2.3m
Amounts payable`17/49`	9.6m	10.1m	10.4m	12.1m	12.8m	16.3m	16.8m	18.5m	18.4m	17.5m	11.3m	11.1m	10.9m	9.9m	12.6m	12.1m	9.5m	9.1m	8.7m
Amounts payable after more than one year`17`	2.5m	1.9m	2.1m	3.8m	5.1m	7.4m	6.3m	7.3m	7.3m	6.5m	-	-	-	-	2.9m	-	-	-	-
Financial debts`170/4`	2.5m	1.9m	2.1m	3.8m	5.1m	7.4m	6.3m	7.3m	7.3m	6.5m	-	-	-	-	-	-	-	-	-
Other amounts payable`178/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.9m	-	-	-	-
Amounts payable within one year`42/48`	7.0m	8.2m	8.2m	8.3m	7.7m	8.8m	9.8m	10.9m	11.0m	10.7m	10.7m	10.5m	10.3m	9.2m	9.1m	11.4m	8.8m	8.5m	8.7m
Financial debts`43`	6.9m	8.1m	8.2m	8.2m	7.6m	8.8m	9.8m	10.8m	10.9m	10.7m	10.7m	10.5m	10.3m	8.7m	8.5m	11.1m	8.8m	8.5m	8.7m
Other loans`439`	6.9m	8.1m	8.2m	8.2m	7.6m	8.8m	9.8m	10.8m	10.9m	10.7m	10.7m	10.5m	10.3m	8.7m	8.5m	11.1m	8.8m	8.5m	8.7m
Trade debts`44`	92,124	5,282	9,093	14,258	5,664	4,928	13,021	7,071	3,457	795	2,416	1,928	530	3,030	1,199	7,685	1,192	293	1,244
Suppliers`440/4`	92,124	5,282	9,093	14,258	5,664	4,928	13,021	7,071	3,457	795	2,416	1,928	530	3,030	1,199	7,685	1,192	293	1,244
Taxes, remuneration and social security`45`	15,907	42,358	8,259	60,038	58,456	28,793	26,599	178,991	7,500	-	-	-	-	-	-	-	-	-	-
Taxes`450/3`	11,013	37,421	3,625	55,369	53,935	20,820	20,446	173,538	601	-	-	-	-	-	-	-	-	-	-
Remuneration and social security`454/9`	4,894	4,937	4,634	4,669	4,521	7,972	6,153	5,454	6,899	-	-	-	-	-	-	-	-	-	-
Other amounts payable`47/48`	-	-	-	-	-	-	-	-	29,271	28,903	-	-	-	439,632	561,856	272,320	-	-	-
Accrued charges and deferred income`492/3`	42,586	45,872	45,885	45,985	44,456	52,022	628,513	260,100	197,371	264,799	575,789	562,941	601,012	689,019	721,392	665,438	643,157	615,789	-
Income statement
Non-recurring operating income`76A`	-	-	-	-	905,338	0	179,695	-	27,423	502	-	-	-	-	-	-	3,488	-	-
Gross operating margin`9900`	40,046	105,730	183,335	214,499	229,503	175,717	31,429	363,068	404,841	336,787	333,491	352,873	351,322	364,104	352,315	360,497	368,705	373,960	322,313
Remuneration, social security and pensions`62`	69,848	72,020	69,332	69,673	66,481	64,523	67,803	60,709	40,262	-	-	-	-	-	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	10,106	14,081	13,914	14,115	31,424	21,839	17,864	17,864	17,424	-	18,750	18,750	18,750	18,750	18,750	56	70	11,303	11,433
Other operating charges`640/8`	2,822	3,644	4,949	15,776	2,367	2,466	7,749	2,620	3,019	2,072	1,927	2,061	2,197	1,896	6,462	921	1,664	1,445	1,618
Non-recurring operating charges`66A`	-	-	-	-	11,857	748,182	774,367	-	520,738	-	-	-	-	50,737	-	-	-	-	-
Operating profit (loss)`9901`	-42,730	15,985	95,139	114,935	129,230	86,889	-61,986	281,875	344,136	334,715	312,814	332,063	330,375	343,458	327,103	359,520	366,971	361,212	309,262
Financial income`75/76B`	948,753	891,890	3.8m	948,221	1.8m	1.7m	745,543	105,290	785,927	82,127	1.1m	201,918	810,441	349,646	396,250	274,931	268,631	240,181	282,931
Recurring financial income`75`	890,798	891,890	960,105	948,221	941,816	1.7m	565,848	105,290	785,927	82,127	1.1m	201,918	810,441	349,646	396,250	274,931	268,631	240,181	282,931
Non-recurring financial income`76B`	57,955	0	2.8m	0	905,338	0	179,695	-	-	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	62,079	401,258	2.8m	1.5m	104,258	865,298	1.1m	345,610	926,038	414,489	577,594	562,837	609,268	715,572	744,158	649,233	642,804	612,066	590,444
Recurring financial charges`65`	62,079	63,189	73,243	83,348	92,401	117,116	301,805	345,610	405,300	414,489	577,594	562,837	609,268	715,572	744,158	649,233	642,804	612,066	590,444
Non-recurring financial charges`66B`	0	338,069	2.8m	1.5m	11,857	748,182	774,367	-	520,738	-	-	-	-	-	-	-	-	-	-
Profit (loss) for the period before taxes`9903`	843,944	506,617	1.0m	-479,599	1.9m	883,561	-392,615	41,556	204,024	2,855	822,261	-28,856	531,548	-73,205	-20,805	-14,781	-3,714	-10,673	1,749
Income taxes`67/77`	956	1,144	1,137	1,151	974	1,212	922	1,008	-	-	9,969	-	-	-	2	-	1	-	1
Profit (loss) for the period`9904`	842,988	505,474	1.0m	-480,750	1.9m	882,349	-393,537	40,548	204,024	2,855	812,293	-28,856	531,548	-73,205	-20,808	-14,781	-3,715	-10,673	1,748
Profit (loss) for the period to be appropriated`9905`	842,988	505,474	1.0m	-480,750	1.9m	882,349	-393,537	40,548	204,024	2,855	812,293	-28,856	531,548	-73,205	-20,808	-14,781	-3,715	-10,673	1,748
Appropriation of the result
Profit (loss) to be appropriated`9906`	8.0m	7.2m	6.6m	5.6m	6.1m	4.2m	3.3m	3.7m	3.7m	3.5m	3.5m	2.7m	2.7m	2.2m	2.2m	2.3m	2.3m	2.3m	2.3m
Profit (loss) brought forward from the previous period`14P`	7.2m	6.6m	5.6m	6.1m	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	-	-	-	-	-	-	-	-	-	-	-	-	11,511	-	-	-	-	-	-
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	11,511	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	2	2	2	2	2	2	2	2	2	-	-	-	-	-	-	-	-	-	-
Hours worked`1013`	3,267	-	3,450	3,496	3,458	3,519	3,656	3,458	2,569	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
30-09-2025	abbreviated format	04-01-2026	2026-00004556	PDF
30-09-2024	abbreviated format	11-04-2025	2025-00072730	PDF
30-09-2023	abbreviated format	31-01-2024	2024-00022503	PDF
30-09-2022	abbreviated format	19-02-2023	2023-00029826	PDF
30-09-2021	abbreviated format	26-01-2022	2022-02100240	PDF
30-09-2020	abbreviated format	24-03-2021	2021-08400331	PDF
30-09-2019	abbreviated format	21-01-2020	2020-01800278	PDF
30-09-2018	abbreviated format	16-01-2019	2019-01700491	PDF
30-09-2017	abbreviated format	29-01-2018	2018-03200331	PDF
30-09-2016	abbreviated format	12-01-2017	2017-01200485	PDF
30-09-2015	abbreviated format	14-01-2016	2016-01900547	PDF
30-09-2014	abbreviated format	20-01-2015	2015-02200029	PDF
30-09-2013	abbreviated format	24-01-2014	2014-01500365	PDF
30-09-2012	abbreviated format	22-01-2013	2013-01400157	PDF
30-09-2011	abbreviated format	19-01-2012	2012-01200293	PDF
30-09-2010	abbreviated format	17-02-2011	2011-03900110	PDF
30-09-2009	abbreviated format	24-03-2010	2010-07500096	PDF
30-09-2008	abbreviated format	13-02-2009	2009-04700085	PDF
30-09-2007	abbreviated format	09-05-2008	2008-13500277	PDF
30-09-2006	abbreviated format	28-12-2006	2006-92500068	PDF
30-09-2005	abbreviated format	27-12-2005	2005-91500038	PDF
30-09-2004	abbreviated format	24-01-2005	2005-02300023	PDF
30-09-2003	abbreviated format	23-12-2003	2003-84200244	PDF
30-09-2002	abbreviated format	03-03-2003	2003-05500263	PDF
30-09-2001	abbreviated format	29-01-2002	2002-02500160	PDF
30-09-2000	abbreviated format	24-01-2001	2001-02100285	PDF
30-09-1999	abbreviated format	26-01-2000	2000-01900845	PDF
30-09-1998	abbreviated format	05-01-1999	1999-00100708	PDF
30-09-1997	abbreviated format	31-12-1997	1997-59203592	PDF
30-09-1996	abbreviated format	21-01-1997	1997-00904873	PDF
30-09-1995	abbreviated format	03-01-1996	1996-00103154	PDF
30-09-1994	abbreviated format	06-01-1995	1995-00403153	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	-32,624	30,066	109,054	129,050	160,655	108,728	-44,122	299,739	361,560	-	331,564	350,813	349,125	362,208	345,853	359,576	367,041	372,515	320,695
Cash flow	853,095	519,555	1.1m	-466,635	1.9m	904,188	-375,673	58,412	221,448	-	831,043	-10,106	550,298	-54,455	-2,058	-14,725	-3,645	630	13,181
Investment in fixed assets	141,308	606,759	6.7m	722,087	16,286	294,575	238,110	442,803	1.6m	11.2m	1.4m	1.4m	6.8m	384,629	4.2m	4.3m	213,886	178,405	223,004
Change in cash	-2,185	-69,370	67,593	-17,630	-184,601	206,368	-7,343	559	4,632	-149,195	137,314	-259,712	262,755	11,518	-66,223	60,864	4,300	1,601	-
Working capital	-5.2m	-6.5m	-7.1m	-8.2m	-7.6m	-7.0m	-9.6m	-10.8m	-10.9m	-10.7m	-8.7m	-8.1m	-7.4m	-7.3m	-9.0m	-11.3m	-7.4m	-7.2m	-7.7m
Solvency	64.7%	62.3%	61.0%	55.6%	55.0%	45.9%	43.4%	41.9%	41.8%	42.7%	53.6%	52.5%	53.0%	54.3%	41.1%	42.3%	48.3%	49.4%	50.3%
Current ratio	0.25	0.20	0.13	0.01	0.01	0.21	0.03	0.01	0.00	0.00	0.19	0.23	0.28	0.20	0.01	0.01	0.16	0.14	0.12
Quick ratio	0.03	0.01	0.13	0.01	0.01	0.21	0.03	0.01	0.00	0.00	0.19	0.23	0.28	0.20	0.01	0.01	0.16	0.14	0.12
Debt to equity	0.55	0.60	0.64	0.80	0.82	1.18	1.30	1.39	1.39	1.34	0.86	0.91	0.89	0.84	1.43	1.37	1.07	1.03	0.99
ROE	4.8%	3.0%	6.4%	-3.2%	12.0%	6.4%	-3.1%	0.3%	1.5%	0.0%	6.2%	-0.2%	4.3%	-0.6%	-0.2%	-0.2%	0.0%	-0.1%	0.0%
ROA	3.1%	1.9%	3.9%	-1.8%	6.6%	2.9%	-1.3%	0.1%	0.6%	0.0%	3.3%	-0.1%	2.3%	-0.3%	-0.1%	-0.1%	0.0%	-0.1%	0.0%
Interest coverage	-0.53	0.48	1.49	1.55	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022
Employees at the balance-sheet date	2	2	2	2
full-time	2	2	2	2
part-time	0	0	0	0
in full-time equivalents	2	2	2	2
Average over the year, in full-time equivalents	2	2	2	2
On a permanent contract	2	2	2	2

Item	30-09-2025	30-09-2024	30-09-2023	30-09-2022
Tangible fixed assets	-	-	€1,445	€1,160
Financial fixed assets	€141,308	€606,759	€6.7m	€720,927
Depreciation and write-downs of the year	€10,106	€14,081	€13,914	€14,115

IBERIS

Annual accounts 2025

Balance sheet

Change in equityin €m

Change in cashin euro

Position in the sector

Solvency64.7%

Current ratio0.25

Return on assets3.1%

Staff

Staff cost per FTE€34,924

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on IBERIS

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