IBS INDUSTRIAL
ActiveIBS INDUSTRIAL has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49.83M and a net result of €17.99M. Equity is growing by ~30.9% per year across the filed fiscal years. Its solvency ranks better than 86% of 820 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
100
/ 100
Excellent= vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+3
Growth71▼-4
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 3.95 against 2.23 in 2024), and 25.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74.8%
Return on assets
27%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
3 d early
2023
29 d early
2022
7 d early
2021
31 d early
2020
3 d early
2019
29 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
€81.67M▼ 6.5%
2024 · €87.33M
2019: €52.31M
2020: €60.00M
2021: €66.72M
2022: €68.82M
2023: €82.52M
2024: €87.33M
2019 → 2025
EBIT margin
27.7%▲ 5.2pp
2024 · 22.5%
2019: 9.0%
2020: 13.5%
2021: 14.9%
2022: 16.0%
2023: 23.6%
2024: 22.5%
2019 → 2025
Net result
€17.99M▲ 17.6%
2024 · €15.30M
2019: €3.25M
2020: €5.51M
2021: €7.68M
2022: €8.23M
2023: €14.62M
2024: €15.30M
2019 → 2025
Working capital
€48.59M▲ 43.1%
2024 · €33.95M
2019: €9.05M
2020: €11.54M
2021: €13.90M
2022: €20.36M
2023: €30.97M
2024: €33.95M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€66.72M-€68.82M▲ 3.1%€82.52M▲ 19.9%€87.33M▲ 5.8%€81.67M▼ 6.5%
Equity€14.69M-€18.92M▲ 28.8%€31.54M▲ 66.7%€35.34M▲ 12.0%€49.83M▲ 41.0%
Operating result€9.94M-€11.02M▲ 10.9%€19.48M▲ 76.8%€19.64M▲ 0.8%€22.59M▲ 15.0%
Net result€7.68M-€8.23M▲ 7.1%€14.62M▲ 77.8%€15.30M▲ 4.6%€17.99M▲ 17.6%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 15% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €66.65M
Fixed assets
€1.60M▼ 4.8%
Current assets
€65.04M▲ 5.8%
Equity and liabilities €66.65M
Equity
€49.83M▲ 41.0%
Provisions
€287k▼ 3.4%
Debt
€16.53M▼ 39.9%
The debt ratio falls from 43.6% to 24.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€23.08M▲
2024 · €20.03M
Cash flow
€18.48M▲
2024 · €15.69M
Solvency
74.8%▲
2024 · 56.0%
Current ratio
3.95▲
2024 · 2.23
Quick ratio
3.93▲
2024 · 2.22
Debt / equity
0.33▼
2024 · 0.78
ROE
36.1%▼
2024 · 43.3%
ROA
27.0%▲
2024 · 24.2%
Debt
€16.53M▼
2024 · €27.52M
Debt ≤ 1 year
€16.45M▼
2024 · €27.52M
Income taxes
€6.04M▲
2024 · €5.16M
Staff costs
€8.32M▲
2024 · €8.11M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€63.16M€66.65M▲
Fixed assets21/28€1.68M€1.60M▼
Tangible fixed assets22/27€1.68M€1.60M▼
Land and buildings22€165k€143k▼
Plant, machinery and equipment23€152k€345k▲
Furniture and vehicles24€1.37M€1.11M▼
Financial fixed assets28€220€220=
Other financial fixed assets284/8€220€220=
Amounts receivable and cash guarantees285/8€220€220=
Current assets29/58€61.48M€65.04M▲
Stocks and contracts in progress3€381k€374k▼
Stocks30/36€59k€51k▼
Raw materials and consumables30/31€59k€51k▼
Contracts in progress37€323k€323k=
Amounts receivable within one year40/41€14.92M€13.35M▼
Trade receivables40€12.54M€11.92M▼
Other amounts receivable41€2.38M€1.43M▼
Cash at bank and in hand54/58€46.03M€51.27M▲
Deferred charges and accrued income490/1€142k€46k▼
Equity and liabilities
Total equity and liabilities10/49€63.16M€66.65M▲
Equity10/15€35.34M€49.83M▲
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€35.09M€49.58M▲
Non-distributable reserves130/1€25k€25k=
Legal reserve130€25k€25k=
Tax-exempt reserves132€0-
Distributable reserves133€35.06M€49.56M▲
Provisions and deferred taxes16€297k€287k▼
Provisions for liabilities and charges160/5€297k€287k▼
Other liabilities and charges164/5€297k€287k▼
Amounts payable17/49€27.52M€16.53M▼
Amounts payable within one year42/48€27.52M€16.45M▼
Trade debts44€12.88M€8.43M▼
Suppliers440/4€12.88M€8.43M▼
Advances received on contracts in progress46€2.21M€3.58M▲
Taxes, remuneration and social security45€936k€939k▲
Taxes450/3€59k€52k▼
Remuneration and social security454/9€877k€887k▲
Other amounts payable47/48€11.50M€3.50M▼
Accrued charges and deferred income492/3-€77k
Income statement
Code20242025
Operating income70/76A€87.95M€82.32M▼
Turnover70€87.33M€81.67M▼
Other operating income74€598k€603k▲
Non-recurring operating income76A€22k€43k▲
Operating charges60/66A€68.30M€59.72M▼
Goods for resale, raw materials and consumables60€52.08M€43.33M▼
Purchases600/8€52.09M€43.33M▼
Change in stocks: decrease (increase)609€-3k€7k▲
Services and other goods61€7.79M€7.55M▼
Remuneration, social security and pensions62€8.11M€8.32M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€392k€492k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-181k€-8k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€42k€-10k▼
Other operating charges640/8€53k€41k▼
Non-recurring operating charges66A€10k€8k▼
Operating profit (loss)9901€19.64M€22.59M▲
Financial income75/76B€911k€1.50M▲
Recurring financial income75€911k€1.50M▲
Income from current assets751€790k€12▼
Other financial income752/9€121k€1.50M▲
Financial charges65/66B€97k€54k▼
Recurring financial charges65€97k€54k▼
Debt charges650€48k€0▼
Other financial charges652/9€49k€54k▲
Profit (loss) for the period before taxes9903€20.46M€24.03M▲
Income taxes67/77€5.16M€6.04M▲
Taxes670/3€6.68M€6.05M▼
Tax adjustments and reversals of tax provisions77€1.52M€4k▼
Profit (loss) for the period9904€15.30M€17.99M▲
Transfer from tax-exempt reserves789€498k€0▼
Profit (loss) for the period to be appropriated9905€15.79M€17.99M▲
Appropriation of the result
Profit (loss) to be appropriated9906€15.79M€17.99M▲
Transfer from equity791/2€8.00M€3.50M▼
From reserves792€8.00M€3.50M▼
Transfer to equity691/2€12.29M€17.99M▲
To other reserves6921€12.29M€17.99M▲
Profit to be distributed694/7€11.50M€3.50M▼
Return on contributions (dividend)694€11.50M€3.50M▼
Social balance
Average headcount (FTE)9087112.9113.9▲
The notes to these accounts (52 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Highest result since 2019net €17.99M ▲17.6%
Operating result €22.59M, net result €17.99M, both a record.
2024
28-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial
Equity above €25MEq €31.54M ▲66.7%
5 profitable years in a row build equity to €31.54M.
2022
24-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
31-03
Financial
Equity above €10MEq €12.39M ▲25.4%
2 profitable years in a row build equity to €12.39M.
2019
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 29 days late
2018
05-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 35 days late
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Slekkenstraat(MEL) 129120 Beveren-Kruibeke-ZwijndrechtGround area
4,351 m²
Building footprint
1,352 m²
Parcel 46016D1376/00D000, Flanders. Linked by address, not a title deed.
1 establishment unit
Slekkenstraat(MEL) 12, 9120 Beveren-Kruibeke-Zwijndrecht
since 20032.125.164.783
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46016D1376/00D000 | Flanders | 4,351 m² | 1 · 1,352 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 63,658 EUR awarded · 63,658 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 15,366 EUR | 15,366 EUR |
| 2024 | 2 | 15,962 EUR | 15,962 EUR |
| 2023 | 3 | 15,050 EUR | 18,129 EUR |
| 2022 | 2 | 17,280 EUR | 14,201 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Schadevergoeding van de overheid
Recognitions · licences · registrations
Recognised contractor
7 categoriesIBS INDUSTRIAL NV27140
Dual-learning approval
2 live approvalsMetselaar (vwo)
Ruwbouw duaal (so)
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Of 2,430 companies in sector 41003 we hold annual accounts for 1,048. 87 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-02-1993
Fiscal year end31-03
Abbreviation NL
IBS
Activities, NACEBEL
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.