Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 26.4 to 15.3.
-
Busy address KBO
100 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IBF International Consulting from Brussel, company number BE0417827795, closed financial year 2025 with a result of € 47,523 after tax. For that financial year IBF International Consulting recorded revenue of € 16.1 million and equity of € 2.4 million. Compared with financial year 2024, the result moved from € 20,725 to € 47,523. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 5, 2026.
€ 2.4 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,523
▲ 129% vs 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 62% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 14,505 paid out
31 % of the profit went to the shareholders, mostly to CONSULTING LINE (95 % of the shares). That is where the money ends up.
People and assets in 2025
15.3
▼ 5.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 69% vs 2024
€ 86,600 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.
€ 57,727
▲ 22% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 300,000
▼ 87% vs 2024
Loans from banks and other lenders, long and short.
€ 6.3 million
▼ 8% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 159 days on average.
€ 116,604
▼ 30% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 36,800,433 | € 25,248,289 | € 14,091,790 | € 16,144,449 | ▲ 15% |
| Profit after taxes | € 43,733 | € 23,754 | € 20,725 | € 47,523 | ▲ 129% |
| Equity | € 5,325,572 | € 2,590,699 | € 2,324,477 | € 2,357,496 | ▲ 1% |
| Total debts | € 32,148,567 | € 30,562,550 | € 25,255,023 | € 17,432,001 | ▼ 31% |
| Cash | € 5,654,175 | € 830,312 | € 840,826 | € 1,359,579 | ▲ 62% |
| Retained profit | € 4,085,534 | € 1,993,260 | € 1,793,211 | € 1,826,229 | ▲ 2% |
| Dividend | € 0 | € 0 | € 0 | € 14,505 | |
| Bank debt | € 0 | € 1,200,000 | € 2,400,000 | € 300,000 | ▼ 87% |
| Balance sheet total | € 37,474,138 | € 33,153,250 | € 27,579,500 | € 19,789,497 | ▼ 28% |
| Employees (FTE) | 30.9 | 26.4 | 21.2 | 15.3 | ▼ 5.9 |
Key figures of IBF International Consulting, 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 IBF International Consulting?
What happened at IBF International Consulting in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- FREDERIC ANDRE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 47,523 (▲ 129% vs 2024). Source: NBB ↗
- ANTONIO MARIA BARBERO stepped down as director. NBB
- OLIVE ALLIANCE LIMITED stepped down as director. NBB
- OLIVE ALLIANCE LIMITED became a director. NBB
- FREDERIC ANDRE became a director. NBB
- ANTONIO MARIA BARBERO became a director. NBB
- New establishment in Schaarbeek. KBO
In short
From € 43,733 profit in 2022 to € 47,523 profit in 2025.
Best year ever: 2025, with € 47,523 profit.
Paid out € 14,505 in dividends to the owners in total.
Pays suppliers within 159 days on average.
Management
The shares are held by CONSULTING LINE (95%) and Frédéric André (5%).
Directors
According to the 2025 annual accounts
ANTONIO MARIA BARBERO
Director
since 2020 · until 2026
OLIVE ALLIANCE LIMITED
Director · represented by Paul Stockton
since 2024 · until 2026
FREDERIC ANDRE
Chairman of the board
Owns 5% directly · Holds a stake via CONSULTING LINE
Also active at: PRAGMA PLUS, IBF Foundation, The Capacity Building Partnership (CBP), IBF CONNECT, IBF Expertise, CONSULTING LINE FOR SUSTAINABLE DEVELOPMENT
since 2021 · until 2026
Shareholders
CONSULTING LINE · holding of FREDERIC ANDRE
95%
Frédéric André · director
5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Louizalaan 209A
1050 Brussel
Louizalaan 209 box A
1050 Elsene
Active since 1 February 1978
Frédéric Pelletierstraat 33
1030 Schaarbeek
Active since 15 March 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 100 companies are registered at this address.
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+95 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Website info
Features
Security
Details
- Company number
- 0417.827.795
- VAT number
- BE 0417.827.795
- Registered office
- Louizalaan 209A, 1050 Brussel
- Names & denominations
- IBF International Consulting · IBF IC
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 September 1977
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- ibf.be
- Activities · NACE
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