Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Iepamag from Binche, company number BE0421415213, closed financial year 2025 with a result of € -115,367 after tax. For that financial year Iepamag recorded a gross margin of € 52,745 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € -19,325 to € -115,367. 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 August 28, 2026.
€ 1.6 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -115,367
▼ 497 % more loss than in 2024
Profit after tax over the fiscal year.
€ 194,085
▲ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.5 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,432
▲ 166% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,783
▲ 7% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 999,972 | € 1,808,901 | € 87,648 | € 52,745 | ▼ 40% |
| Profit after taxes | € -63,054 | € 903,440 | € -19,325 | € -115,367 | ▼ € 96,042 |
| Equity | € 1,150,348 | € 2,007,918 | € 1,708,767 | € 1,560,401 | ▼ 9% |
| Total debts | € 1,148,665 | € 27,594 | € 20,066 | € 22,453 | ▲ 12% |
| Cash | € 363,699 | € 1,130,945 | € 180,914 | € 194,085 | ▲ 7% |
| Land & buildings | € 86,571 | € 86,571 | € 1,608,491 | € 1,530,865 | ▼ 5% |
| Retained profit | € 1,088,848 | € 1,946,418 | € 1,647,267 | € 1,498,901 | ▼ 9% |
| Dividend | € 0 | € 45,870 | € 231,088 | € 33,000 | ▼ 86% |
| Bank debt | € 80,592 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,369,121 | € 2,363,419 | € 2,035,496 | € 1,873,120 | ▼ 8% |
| Employees (FTE) | 26.9 | 17.4 | - | - |
Key figures of Iepamag, fiscal years 2021 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 Iepamag?
What happened at Iepamag in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 115,367. filed late Source: NBB ↗
- New establishment in Genappe. KBO
- Start of the company according to the CBE. KBO
In short
From € 63,054 loss in 2021 to € 115,367 loss in 2025.
Paid € 164,390 in corporate taxes since 2021.
Best year ever: 2022, with € 903,440 profit.
On average € 104,000 of value added per employee in 2022.
Establishments
Establishment units
Physical locations of this company
Rue aux Mourdreux(WAU) 23
7131 Binche
Chaussée de Charleroi 2A
1470 Genappe
Active since 6 December 1989
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
- 0421.415.213
- VAT number
- BE 0421.415.213
- Registered office
- Rue aux Mourdreux(WAU) 23, 7131 Binche
- Names & denominations
- Iepamag
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 February 1981
- Peppol
- Active · Active since 21 Aug 2026