Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
IKO Sales International from Tessenderlo-Ham, company number BE0413855448, closed financial year 2025 with a result of € -722,182 after tax. For that financial year IKO Sales International recorded revenue of € 38.4 million and equity of € 22.5 million. Compared with financial year 2024, the result moved from € 2.6 million to € -722,182. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 22.5 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -722,182
▼ still € 2.6 million profit in 2024
Profit after tax over the fiscal year.
€ 2.6 million
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 22.3 million.
People and assets in 2025
108
▼ 3.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 5.6 million
▼ 4% vs 2024
€ 52,000 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.
€ 78,086
▼ 36% 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.
€ 3.1 million
▼ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 33 days on average.
€ 1 million
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 61,041,713 | € 52,839,580 | € 50,017,141 | € 38,401,421 | ▼ 23% |
| Profit after taxes | € 1,181,872 | € 2,068,111 | € 2,565,747 | € -722,182 | ▼ € 3.3 million |
| Equity | € 18,949,934 | € 20,665,840 | € 23,231,587 | € 22,509,405 | ▼ 3% |
| Total debts | € 31,843,553 | € 7,472,485 | € 4,847,022 | € 4,134,670 | ▼ 15% |
| Cash | € 6,990,408 | € 4,583,699 | € 4,632,442 | € 2,587,339 | ▼ 44% |
| Land & buildings | € 62,360 | € 177,718 | € 169,360 | € 150,389 | ▼ 11% |
| Retained profit | € 18,699,934 | € 20,415,840 | € 22,981,587 | € 22,259,405 | ▼ 3% |
| Dividend | € 24,537,000 | € 352,206 | € 0 | € 0 | |
| Balance sheet total | € 50,807,846 | € 28,148,728 | € 28,078,609 | € 26,644,075 | ▼ 5% |
| Employees (FTE) | 112.7 | 109.3 | 111.1 | 108 | ▼ 3.1 |
Key figures of IKO Sales International, 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 IKO Sales International?
What happened at IKO Sales International in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Frank Hautman stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 722,182 (▼ € 3.3 million vs 2024). Source: NBB ↗
- Michel Petitjean stepped down as director. NBB
- Frank Hautman became a director. NBB
- Michel Petitjean became a director. NBB
- New establishment in Tessenderlo-Ham. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million profit in 2022 to € 722,182 loss in 2025.
Paid € 749,117 in corporate taxes since 2022.
Best year ever: 2024, with € 2.6 million profit.
Paid out € 24.9 million in dividends to the owners in total.
Management
The stake of I.G. Industries comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IKO Sales InternationalThe shares are held by Freemantle Investments LTD. (100%) and I.G. Industries (17.6%). It owns 14.3% of IKO SAS and 0.1% of IKO Spolska z.o.o. itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2030
since 2020 · until 2026
Shareholders
Freemantle Investments LTD.
100%
17.6%
Participations
IKO SAS
14.3%
0.1%
Establishments
Establishment units
Physical locations of this company
Truibroek 74
3945 Tessenderlo-Ham
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.855.448
- VAT number
- BE 0413.855.448
- Registered office
- Truibroek 74, 3945 Tessenderlo-Ham
- Names & denominations
- IKO Sales International · IKO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1974
- Peppol
- Active · Active since 21 Dec 2025
- Contact
- [email protected] +3211340120
- Activities · NACE
Vervaardiging van andere niet-metaalhoudende minerale producten, neg
Vervaardiging van niet-metaalhoudende minerale producten, n.e.g.
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair
Groothandel in bouwmaterialen, algemeen assortiment