IBOGEST (0845.307.785): financials and annual accounts

IBOGEST

Molenbeek-Saint-Jean ·KBO/BCE: BE 0845.307.785

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
Balance sheet: assets
Total assets`20/58`	2.7m	2.3m	2.5m	2.8m	2.8m	3.2m	3.3m	6.2m	6.0m	5.9m	6.2m	6.0m	3.0m
Formation expenses`20`	-	-	-	-	-	-	-	-	-	-	1,869	3,737	5,606
Fixed assets`21/28`	713,427	944,263	856,419	1.2m	1.2m	1.2m	1.6m	1.7m	1.6m	1.2m	1.1m	1.0m	916,317
Tangible fixed assets`22/27`	713,427	944,263	856,419	1.2m	1.2m	1.2m	1.3m	1.3m	1.1m	931,115	957,258	981,338	889,912
Land and buildings`22`	703,563	833,943	739,474	1.1m	1.1m	1.2m	1.2m	1.2m	1.0m	820,170	837,796	855,423	762,351
Plant, machinery and equipment`23`	8,967	109,177	116,944	98,871	99,529	83,112	82,729	78,700	96,350	110,945	119,462	125,916	127,560
Furniture and vehicles`24`	897	1,143	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	-	-	-	-	-	-	377,800	457,600	454,700	239,689	98,642	20,800	20,800
Current assets`29/58`	2.0m	1.4m	1.7m	1.6m	1.6m	1.9m	1.7m	4.4m	4.5m	4.8m	5.2m	5.0m	2.0m
Amounts receivable within one year`40/41`	1.3m	1.3m	1.3m	1.4m	1.4m	1.9m	1.5m	4.3m	4.4m	4.7m	5.1m	4.9m	1.5m
Trade receivables`40`	1,499	928	894	-	-	-	-	-	-	13,790	14,001	-	-
Other amounts receivable`41`	1.3m	1.3m	1.3m	1.4m	1.4m	1.9m	1.5m	4.3m	4.4m	4.6m	5.1m	4.9m	1.5m
Current investments`50/53`	520,559	0	376,038	72,599	52,219	31,928	11,613	31,278	15,934	29,163	27,783	101,589	413,859
Cash at bank and in hand`54/58`	122,943	93,539	8,267	133,171	144,929	15,915	133,596	114,930	21,685	35,258	16,529	33,224	4,137
Deferred charges and accrued income`490/1`	-	-	0	908	-	-	-	-	4,961	44,806	25,874	4,961	116,016
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	2.7m	2.3m	2.5m	2.8m	2.8m	3.2m	3.3m	6.2m	6.0m	5.9m	6.2m	6.0m	3.0m
Equity`10/15`	2.6m	2.3m	2.4m	2.7m	2.6m	2.7m	2.6m	2.6m	2.6m	2.6m	2.5m	2.3m	2.3m
Contributions`10/11`	241,149	241,149	241,149	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m
Capital`10`	241,149	241,149	241,149	1.0m	1.0m	-	-	-	-	-	-	-	-
Issued capital`100`	241,149	241,149	241,149	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m	1.0m
Reserves`13`	468,029	99,529	99,529	155,108	157,340	290,303	289,262	288,597	286,002	285,213	280,661	273,959	271,406
Non-distributable reserves`130/1`	99,529	99,529	99,529	99,529	98,729	92,996	-	-	-	-	-	-	-
Legal reserve`130`	99,529	99,529	99,529	99,529	98,729	92,996	91,956	91,291	88,695	87,906	83,354	76,652	74,099
Tax-exempt reserves`132`	-	-	0	55,579	58,611	197,307	197,306	197,306	197,307	197,307	197,307	197,307	197,307
Distributable reserves`133`	368,500	-	-	-	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	1.9m	1.9m	2.1m	1.5m	1.4m	1.3m	1.3m	1.3m	1.3m	1.2m	1.2m	1.0m	980,487
Provisions and deferred taxes`16`	-	-	0	18,526	19,537	24,993	27,354	29,715	32,076	34,437	36,798	39,159	41,521
Deferred taxes`168`	-	-	0	18,526	19,537	24,993	27,354	29,715	32,076	34,437	36,798	39,159	41,521
Amounts payable`17/49`	46,542	82,669	94,388	101,964	137,897	476,154	637,653	3.5m	3.4m	3.3m	3.7m	3.6m	622,156
Amounts payable within one year`42/48`	38,542	74,669	86,388	93,964	129,897	468,154	637,653	3.5m	3.4m	3.3m	3.7m	3.6m	603,286
Financial debts`43`	-	-	-	-	-	-	-	-	3.0m	3.0m	3.0m	3.0m	-
Credit institutions`430/8`	-	-	-	-	-	-	-	-	3.0m	3.0m	3.0m	3.0m	-
Trade debts`44`	1,692	6,177	22	6,112	1,939	-	-	10,147	31,454	-	-	4,846	13,276
Suppliers`440/4`	1,692	6,177	22	6,112	1,939	-	-	10,147	31,454	-	-	4,846	13,276
Taxes, remuneration and social security`45`	36,850	0	19,608	19,608	59,714	14,038	38,538	36,038	4,850	73,669	41,669	2,000	-
Taxes`450/3`	36,850	0	19,608	19,608	59,714	14,038	38,538	36,038	4,850	73,669	41,669	2,000	-
Other amounts payable`47/48`	0	68,492	66,758	68,244	68,244	454,116	599,115	3.4m	368,666	246,886	660,715	591,010	590,010
Accrued charges and deferred income`492/3`	8,000	8,000	8,000	8,000	8,000	8,000	-	-	9,374	35,958	36,482	40,245	18,870
Income statement
Gross operating margin`9900`	519,464	-3,858	1.2m	65,172	70,949	64,979	60,086	51,856	-36,130	41,135	40,456	45,065	53,230
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	6,940	35,168	34,379	38,421	36,220	35,160	37,486	53,549	52,257	47,304	45,572	43,790	41,861
Other operating charges`640/8`	6,550	7,711	11,314	9,652	9,401	10,362	8,992	12,082	7,815	7,683	7,339	13,705	12,492
Non-recurring operating charges`66A`	-	0	100,707	-	-	-	-	-	-	-	-	-	-
Operating profit (loss)`9901`	505,974	-46,737	1.1m	17,099	25,328	19,457	13,608	-13,775	-96,201	-13,852	-12,455	-12,431	-1,123
Financial income`75/76B`	6,144	4,760	18	1	1,973	-	1	160,509	160,539	174,135	232,633	92,162	85,919
Recurring financial income`75`	6,144	4,760	18	1	1,973	-	1	160,509	160,539	174,135	232,633	92,162	85,919
Financial charges`65/66B`	878	10,096	853	204	302	255	174	74,392	38,035	39,610	46,587	25,499	31,419
Recurring financial charges`65`	878	10,096	853	204	302	255	174	74,392	38,035	39,610	46,587	25,499	31,419
Profit (loss) for the period before taxes`9903`	511,239	-52,073	1.1m	16,896	26,999	19,202	13,435	72,342	26,302	120,673	173,591	54,232	53,378
Transfer from deferred taxes`780`	-	0	18,526	1,011	5,456	-	-	-	-	-	-	-	-
Income taxes`67/77`	142,334	50,044	285,177	5,569	56,499	749	2,500	22,785	12,883	32,000	41,909	5,539	-
Profit (loss) for the period`9904`	368,905	-102,117	799,942	12,338	-24,045	20,814	13,296	51,918	15,780	91,034	134,043	51,054	55,739
Transfer from tax-exempt reserves`789`	-	0	55,579	3,032	138,696	-	-	-	-	-	-	-	-
Profit (loss) for the period to be appropriated`9905`	368,905	-102,117	855,521	15,369	114,651	20,814	13,296	51,918	15,780	91,034	134,043	51,054	55,739
Appropriation of the result
Profit (loss) to be appropriated`9906`	2.3m	2.1m	2.3m	1.5m	1.5m	1.3m	1.3m	1.3m	1.3m	1.2m	1.2m	1.0m	983,274
Profit (loss) brought forward from the previous period`14P`	1.9m	2.2m	1.5m	1.4m	1.3m	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	368,500	-	0	800	5,733	1,041	665	2,596	789	4,552	6,702	2,553	2,787
To the legal reserve`6920`	-	-	0	800	5,733	1,041	665	2,596	789	4,552	6,702	2,553	2,787
To other reserves`6921`	368,500	-	-	-	-	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	0	200,000	215,000	-	-	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	0	200,000	215,000	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	0	0	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2025	full format	02-07-2026	2026-00241393	PDF
31-12-2024	full format	30-07-2025	2025-00343059	PDF
31-12-2023	full format	29-07-2025	2025-00326792	PDF
31-12-2022	full format	25-07-2023	2023-00267151	PDF
31-12-2021	full format	27-10-2022	2022-20474234	PDF
31-12-2020	full format	29-10-2021	2021-74900042	PDF
31-12-2019	full format	30-12-2020	2020-77500405	PDF
31-12-2018	full format	29-07-2019	2019-41000195	PDF
31-12-2017	full format	05-07-2018	2018-29000171	PDF
31-12-2016	full format	28-10-2017	2017-68800575	PDF
31-12-2015	full format	04-08-2016	2016-40600332	PDF
31-12-2014	full format	28-07-2015	2015-35300316	PDF
31-12-2013	full format	29-09-2014	2014-61400040	PDF
31-12-2012	full format	15-07-2013	2013-31800124	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013
EBITDA	512,914	-11,568	1.1m	55,520	61,548	54,617	51,094	39,774	-43,944	33,452	33,117	31,359	40,738
Cash flow	375,846	-66,949	834,321	50,758	12,176	55,974	50,782	105,467	68,037	138,338	179,615	94,844	97,600
Investment in fixed assets (approximation)	-223,896	12,315	36,223	14,785	29,658	12,566	49,638	218,320	452,694	258,982	97,465	133,349	38,150
Change in cash	29,404	85,272	-124,905	-11,757	129,014	-117,681	18,666	93,245	-13,573	18,729	-16,695	29,087	-
Working capital	1.9m	1.3m	1.6m	1.5m	1.4m	1.5m	1.0m	925,572	1.1m	1.5m	1.5m	1.4m	1.4m
Solvency	98.3%	96.5%	96.3%	95.7%	94.4%	84.2%	79.9%	42.8%	42.8%	43.2%	39.6%	38.9%	77.5%
Current ratio	50.72	18.63	19.47	16.69	12.08	4.12	2.62	1.27	1.31	1.44	1.40	1.39	3.37
Debt to equity	0.02	0.04	0.04	0.04	0.05	0.18	0.24	1.33	1.32	1.30	1.51	1.55	0.27
ROE	14.1%	-4.5%	32.7%	0.5%	-0.9%	0.8%	0.5%	2.0%	0.6%	3.6%	5.4%	2.2%	2.4%
ROA	13.8%	-4.4%	31.5%	0.4%	-0.9%	0.7%	0.4%	0.8%	0.3%	1.5%	2.1%	0.8%	1.9%
Interest coverage	over 100	-1.15	over 100	over 100	over 100	-	-	-	-	-	-	-	-

Item	2025	2024	2023	2022	2021
Tangible fixed assets	-	€12,315	€36,223	€14,785	€29,658
Depreciation and write-downs of the year	€6,940	€35,168	€34,379	€38,421	€36,220

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