ibouw

Active

Public limited companyfounded 2003active for 23 yearsBollebeke 1, 2540 Hove, BelgiumKBO/BCE: BE 0859.956.567

From the official registers: KBO 21 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ibouw has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €359,053 and a net result of €83,227. Equity is shrinking by about 8.8% per year across the filed financial years. Its solvency ranks better than 90% of 9,865 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow Report Compare

ibouwActiveChecked score 97/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 05-08-2003 Normal situation
Legal form: Public limited company
Registered office: Bollebeke 1, 2540 Hove
Activity: Other specialised construction activities NACE 43990
Establishment unit: 2.132.561.232 2540 Hove, since 01-08-2003
Financial year end: 30 November
Peppol: Reachable since 12-02-2025

Company details

Who decides

Board

Patrick ibensManaging director
PLD INVESTManaging director · permanent representative Anne Marie Weyts
Kim ibensDirector · since 30-12-2021

Shareholders

NV Bouwonderneming Vooruitzichtconsolidatesannual accounts 2010

Board & ownership

How it is doing

97 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: 0.1%

Annual accounts to 30-11-2025

Gross margin: €129,786; ▲ 91.9%
Turnover: ≈ €600,000; estimated
Profit: €83,227; ▼ 41.2%
Equity: €359,053; ▲ 30.2%
Total assets: €429,877; ▲ 17.6%

2025 accounts on time

Filed on 30-06-2026at the National Bank

Financials

Why 97raises riskSector: Specialised construction activities (NACE 43)lowers riskEquity €359,053 (83.5% of total assets)Founded in 2003Liquidity: current ratio 6.45, cash €49,261, halvedShow the evidence

Checked score

Score 2025

97 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 76% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Strong

Solvency 100=

equity 83.5% of total assets

Liquidity 62-31

short-term debt 13.3% · cash 11.5%

Profitability 93-7

return on assets 19.4%

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.2%▲ +0.1 percentage points vs 06-2025highest value 08-2025: < 0.1%▼ -0.2 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026

Credit of up to €30,000 on 30-day terms is acceptable

Liquidity ample (current ratio 6.45, compared with 4.22 in 2024, above the usual 1.5; short-term debt: 13.3% and cash: 11.5% of total assets), and 16.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 90% on solvency, 60% on liquidity, 79% on profitability and 75% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.

lowers riskraises riskneutral

Sector: Specialised construction activities (NACE 43)

KBO

Equity €359,053 (83.5% of total assets)

NBB · annual accounts

Founded in 2003

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Liquidity: current ratio 6.45, cash €49,261, halved

NBB · annual accounts

Growing equity

Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €359,053

Latest accounts filed on time

The financial year that closed on 30-11-2025 was due by 30-06-2026 and was filed on 30-06-2026, 0 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

on the day

2024

on the day

2023

1 day late

2022

2 days early

2021

on the day

2020

42 days late

2019

on the day

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 6 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 30-11-2026 and is due by 30-06-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today30-11-2026 year end30-06-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Positive: Among the best 10% on solvencysector median 44.0% · 9,865 companies 83.5% View
Caution: Result fell in 2025from €141,503 to €83,227 ▼ 41.2% View

Documents

Key facts about ibouw

What is the company number of ibouw?: 0859.956.567. In Belgium the VAT number is the company number with BE in front: BE 0859.956.567.
Where is ibouw based?: The registered office is at Bollebeke 1, 2540 Hove.Company details
What does ibouw do?: According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
What is the legal form of ibouw?: Public limited company (NV).
When was ibouw founded?: On 05-08-2003.
Is ibouw still active?: Yes, ibouw is an active enterprise in the KBO register.
What is the turnover of ibouw?: ≈ €600,000 in financial year 2025. Estimated from the gross margin of €129,786: probably between €370,000 and €970,000, based on 71 comparable companies, NACE 43990.Financials
Is ibouw profitable?: In financial year 2025, ibouw made a profit of €83,227.
Where can I find the annual accounts of ibouw?: ibouw filed 21 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of ibouw due?: By 30-06-2027, for financial year 2026.Timeline