Financials
Financial year 2025
Koninklijk Werk IBIS from Bredene, company number BE0410392548, closed financial year 2025 with a result of € 67,907 after tax. For that financial year Koninklijk Werk IBIS recorded a gross margin of € 5.7 million and equity of € 4.7 million. Compared with financial year 2024, the result moved from € -124,849 to € 67,907. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 4.7 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 67,907
▲ still € 124,849 loss in 2024
Profit after tax over the fiscal year.
€ 828,952
▲ 67% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
48.8
▲ 6.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.9 million
▲ 20% vs 2024
€ 100,000 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.
€ 307,986
▲ 1% vs 2024
Of which on lease € 80,787.
Debts at end 2025
€ 1.8 million
▼ 32% vs 2024
€ 213,616 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 108,127
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 515,620
▲ 32% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,197,494 | € 3,522,435 | € 4,581,688 | € 5,704,155 | ▲ 24% |
| Profit after taxes | € -38,212 | € -167,662 | € -124,849 | € 67,907 | ▲ € 192,756 |
| Equity | € 3,856,349 | € 4,215,779 | € 4,611,301 | € 4,656,166 | ▲ 1% |
| Total debts | € 4,206,277 | € 3,951,610 | € 3,138,629 | € 3,080,133 | ▼ 2% |
| Cash | € 287,013 | € 579,926 | € 495,635 | € 828,952 | ▲ 67% |
| Land & buildings | € 4,862,497 | € 6,204,807 | € 5,912,182 | € 5,648,547 | ▼ 4% |
| Retained profit | € 42,317 | € 42,317 | € 42,317 | € 110,224 | ▲ 160% |
| Bank debt | € 3,063,231 | € 3,188,810 | € 2,615,316 | € 1,777,771 | ▼ 32% |
| Balance sheet total | € 8,062,626 | € 8,167,389 | € 7,849,930 | € 8,086,299 | ▲ 3% |
| Employees (FTE) | 37.2 | 38.4 | 42.2 | 48.8 | ▲ 6.6 |
Key figures of Koninklijk Werk IBIS, 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 Koninklijk Werk IBIS?
What happened at Koninklijk Werk IBIS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 67,907. Source: NBB ↗
- Georges Heeren became a director. NBB
- New establishment in Bredene. KBO
- New establishment in Bredene. KBO
- New establishment in Bredene. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,212 loss in 2022 to € 67,907 profit in 2025.
Best year ever: 2025, with € 67,907 profit.
On average € 116,900 of value added per employee in 2025.
Management
Behind Koninklijk Werk IBIS are Paul Gerard, Serge Maes, Mario Calbert, Jan Vercruysse, Jan Decorte and Patrick Allary. Paul Gerard is also behind INTERNATIONALE LUCHTHAVEN KORTRIJK-WEVELGEM and SPECIAAL FONDS KWI. Serge Maes is also behind MAES & PARTNERS, SPECIAAL FONDS KWI and ECONOMISCH HUIS OOSTENDE. Jan Vercruysse is also behind BLOVER, FOCUS Televisie - Regionale televisie voor het Noorden van West-Vlaanderen, Vatcon and SPECIAAL FONDS KWI.
Directors
According to the 2025 annual accounts
Paul Gerard
Director
Also active at: INTERNATIONALE LUCHTHAVEN KORTRIJK-WEVELGEM, SPECIAAL FONDS KWI
Serge Maes
Managing director
Also active at: MAES & PARTNERS, SPECIAAL FONDS KWI, ECONOMISCH HUIS OOSTENDE
Mario Calbert
Director
Jan Vercruysse
Director
Also active at: BLOVER, FOCUS Televisie - Regionale televisie voor het Noorden van West-Vlaanderen, Vatcon, SPECIAAL FONDS KWI
Patrick Allary
Director
since 2022
Viviane Guilmin
Director
David Degroote
Director
Also active at: DEGROOTE REAL ESTATE DEVELOPMENT, DEGROOTE HARBOUR DEVELOPMENT, DUKES' ACADEMIE, Degroote Real Estate Construct, Investments Degroote, DEGROOTE HARBOUR CONSTRUCT, D4 Consulting, VASTGOEDGROEP DEGROOTE +5 more
France Good-Duquenne
Director
Philip Caestecker
Director
Xavier De Maesschalck
Director
Marie-Claire Mares-Delrue
Director
Patrick Vermandel
Director
Frank Denys
Director
Luc Rosseel
Director
Charles Depoorter
Director
Also active at: AGENCE DEPOORTER, DEPOORTER IMMOBILIEN, BOCARENT, BEDA, IMMO KAMAR, MONTFLEURI, IMMO COSTA, MIDDELKERKSE IMMOBILIENMAATSCHAPPIJ +7 more
Establishments
Establishment units
Physical locations of this company
Prinses Elisabethlaan 1
8450 Bredene
Prinses Elisabethlaan 1 box A
8450 Bredene
Active since 27 July 1927
Prinses Elisabethlaan 8
8450 Bredene
Active since 27 July 1927
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
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Details
- Company number
- 0410.392.548
- VAT number
- BE 0410.392.548
- Registered office
- Prinses Elisabethlaan 1, 8450 Bredene
- Names & denominations
- Koninklijk Werk IBIS
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 27 July 1927
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- ibiswerk.be
- Activities · NACE
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