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IBPLUS

Active Private limited companyfounded 2016active for 10 yearsRue de Vernantes 38, 4880 AubelKBO/BCE: BE 0648.784.795 #3 company by equity in Aubel, Construction sector

Lifetime

10 annual accounts with figures on one time axis
peak €590,726 (2024)
€469,193▼ 20.6%
peak €252,693 (2024)
€129,530▼ 48.7%
peak €991,097 (2025)
€991,097▲ 14.8%
€573,246▼ 13.4%
peak 2.5 FTE (2020)
-not published
Board3 names since 2016
1 director
Documentsfilings and deeds
12-06-202649 days before the deadline
2025micro format
Gross margin from €590,726 to €469,193Result from €252,693 to €129,530Dividend €1,666Equity from €863,233 to €991,097Cash from €375,637 to €85,846

Key points

from the 2025 annual accounts

Equity

€991,097 ▲ 14.8%

IBPLUS has made a profit in every financial year since 2016.

Result

€129,530 ▼ 48.7%
€253,0002024€130,0002025

The result fell in 2025 from €252,693 to €129,530.

Turnover

≈ €1.2m estimated

The micro format states no turnover.

Staff

3 employees on 31-12-2025
442021432022222023122025

In 2025, 1 person joined and 2 left.

Filings

10 annual accounts since 2016
AprilJune31 JulyOctober20202025

The last five annual accounts were filed 44 to 52 days before the end of the period.

Position in the sector

€129,530

Higher net result than 95% of companies in specialised construction. Sector median €10,190 · 35,144 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as IBPLUS has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
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 34,693 companies, not a prediction for IBPLUS. 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, since 07-12-2023

Shares in 1 company,

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0648784795
Change of role: , from manager to director Permanent representative: · “L’étude et aux travaux du bâtiment relatif à l’isolation et à l’étanchéité,à la ventilation et à l’aération,à…” (deed in French) · Director discharge: · General meeting of 07-12-2023 · Gazette deed
Registered office moved from Herve to Aubel New registered office: Rue de Vernantes, 38 à 4880 AUBEL · Previous registered office: Rue de Maestricht, 70 à 4651 HERVE (BATTICE) · Resignation: (director) · General meeting of 12-08-2021 · Gazette deed
Resignation: (manager) General meeting of 31-12-2019 · Gazette deed
All 23 events

Comparable companies

same main activity, similar in size and age
Company
IBPLUS Aubel €1.6m €469,193 63.4% -
PHILIPPE HOORNAERT Staden €1.6m €484,444 4.0% 3
ECO PROTECT Lummen €1.7m €535,166 50.3% 3
ROCASYSTEMS Hooglede €1.3m €505,651 49.0% 1.2
Isochape Turnhout €1.3m €593,450 46.0% 2
New BRB & Co Nivelles €1.8m €720,255 72.1% 10.3
ISOTERA Bree €1.3m €390,169 47.4% -

These companies have the same main activity as IBPLUS: insulation installation (NACE 43230). They are comparable in size and age: total assets between €1.3m and €1.8m, founded between 2013 and 2017.

Official details

Source: KBO
Status
Active since 18-02-2016Normal situation
Activity
Insulation installationNACE 43230and 2 others
Joint committees
124Construction
200Auxiliary committee for white-collar workers · annual accounts 2023
Establishment unit
2.250.799.2824880 Aubel, since 18-02-2016
Financial year end
31 December
Peppol
Reachable since 13-11-2025
Company details

Annual accounts 2025

€1.6m▲ 2.5%
Employeeson 31-12-2025
3▼ 25.0%
Filing
Filed on 12-06-2026, 49 days before the end of the filing period
Financials

Insights on IBPLUS

IBPLUS files the micro format. That format states no turnover. The gross margin rose from €73,517 in 2016 to €469,193 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 IBPLUS

What is the company number of IBPLUS?
The company number of IBPLUS is 0648.784.795. The VAT number is the same number with BE in front: BE 0648.784.795.
Where is IBPLUS based?
The registered office is at Rue de Vernantes 38, 4880 Aubel.Company details
What does IBPLUS do?
According to the KBO register, the main activity is insulation installation (NACE 43230).
What is the legal form of IBPLUS?
IBPLUS is a private limited company (BV).
When was IBPLUS founded?
IBPLUS was founded on 18-02-2016.
Is IBPLUS still active?
Yes, IBPLUS is an active enterprise in the KBO register.
How many employees does IBPLUS have?
IBPLUS had an average of 3.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does IBPLUS fall under?
In its 2023 annual accounts, IBPLUS states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
What is the turnover of IBPLUS?
The turnover in financial year 2025 is ≈ €1.2m. This figure is estimated from the gross margin of €469,193 and 32 comparable companies (NACE 432). It probably lies between €890,000 and €1.5m.
Is IBPLUS profitable?
In financial year 2025, IBPLUS made a profit of €129,530.
Where can I find the annual accounts of IBPLUS?
IBPLUS filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IBPLUS due?
IBPLUS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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