Financials
Financial year 2025
IVECO Belgium from Dilbeek, company number BE0402609188, closed financial year 2025 with a result of € 1.7 million after tax. For that financial year IVECO Belgium recorded revenue of € 367.1 million and equity of € 38.3 million. Compared with financial year 2024, the result moved from € 6.4 million to € 1.7 million. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 38.3 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.7 million
▼ 73% vs 2024
Profit after tax over the fiscal year.
€ 150.2 million
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 32.3 million.
People and assets in 2025
60.7
▲ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 9.1 million
€ 149,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 9,172
▲ 114% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 53.6 million
▼ 72% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 55 days on average.
€ 10.8 million
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 209,082,896 | € 243,370,871 | € 378,648,094 | € 367,137,174 | ▼ 3% |
| Profit after taxes | € 3,382,877 | € 4,704,365 | € 6,393,915 | € 1,707,070 | ▼ 73% |
| Equity | € 40,539,353 | € 45,243,718 | € 36,637,633 | € 38,344,703 | ▲ 5% |
| Total debts | € 84,630,174 | € 74,553,984 | € 263,789,025 | € 106,176,113 | ▼ 60% |
| Cash | € 138,202,548 | € 132,026,263 | € 276,340,887 | € 150,206,048 | ▼ 46% |
| Retained profit | € 34,539,353 | € 39,243,718 | € 30,637,633 | € 32,344,703 | ▲ 6% |
| Dividend | € 0 | € 0 | € 15,000,000 | € 0 | ▼ 100% |
| Balance sheet total | € 146,899,149 | € 142,231,149 | € 328,283,243 | € 168,792,805 | ▼ 49% |
| Employees (FTE) | 52 | 55.4 | 57.6 | 60.7 | ▲ 3.1 |
Key figures of IVECO Belgium, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to IVECO Belgium?
What happened at IVECO Belgium in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul MECHELE stepped down as director. NBB
- Olivier FOSSION stepped down as director. NBB
- Kristof GESTELS stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.7 million (▼ 73% vs 2024). Source: NBB ↗
- Kristof GESTELS became a director. NBB
- Olivier FOSSION became a director. NBB
- Paul MECHELE became a director. NBB
- New establishment in Zedelgem. KBO
In short
From € 3.4 million profit in 2022 to € 1.7 million profit in 2025.
Paid € 5 million in corporate taxes since 2022.
Best year ever: 2024, with € 6.4 million profit.
Paid out € 15 million in dividends to the owners in total.
Management
The shares are held by Iveco Group NV (100%) and Iveco Nederland BV (0%).
Directors
According to the 2025 annual accounts
Paul MECHELE
Director
since 2020 · until 2030
Kristof GESTELS
Director
since 2022 · until 2027
Olivier FOSSION
Managing director
since 2020 · until 2030
Shareholders
Iveco Group NV
100%
Iveco Nederland BV
0%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Alfons Gossetlaan 28A box 3
1702 Dilbeek
Alfons Gossetlaan 28A box B3
1702 Dilbeek
Active since 1 December 1967
Ruddervoordsestraat 51
8210 Zedelgem
Active since 3 September 2019
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.609.188
- VAT number
- BE 0402.609.188
- Registered office
- Alfons Gossetlaan 28A bus 3, 1702 Dilbeek
- Names & denominations
- IVECO Belgium
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 October 1957
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in andere motorvoertuigen (> 3,5 ton)
Groothandel in auto's en lichte bestelwagens (<= 3,5 ton)
Groothandel in motorvoertuigen
Groothandel in auto's en lichte bestelwagens (= 3,5 ton)
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Onderhoud en reparatie van auto's
+2