Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IBA Immo from Westerlo, company number BE0421476084, closed financial year 2025 with a result of € 49,384 after tax. For that financial year IBA Immo recorded a gross margin of € 143,615 and equity of € 345,412. Compared with financial year 2024, the result moved from € 756,520 to € 49,384. 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 July 29, 2026.
€ 345,412
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 49,384
▼ 93% vs 2024
Profit after tax over the fiscal year.
€ 11,199
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 45,000 paid out
91 % of the profit went to the shareholders, mostly to IBA Holding (100 % of the shares). That is where the money ends up.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 1.4 million
▲ 69% vs 2024
€ 101,676 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.
€ 1,210
▲ € 1,131 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 325
▼ 48% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 106,926 | € 122,944 | € 833,773 | € 143,615 | ▼ 83% |
| Profit after taxes | € 36,945 | € 45,006 | € 756,520 | € 49,384 | ▼ 93% |
| Equity | € 399,501 | € 429,508 | € 341,028 | € 345,412 | ▲ 1% |
| Total debts | € 1,285,796 | € 1,189,860 | € 874,752 | € 1,467,029 | ▲ 68% |
| Cash | € 12,980 | € 4,601 | € 10,178 | € 11,199 | ▲ 10% |
| Land & buildings | € 929,384 | € 875,664 | € 821,937 | € 1,446,227 | ▲ 76% |
| Retained profit | € 90,817 | € 120,823 | € 32,344 | € 36,728 | ▲ 14% |
| Dividend | € 30,000 | € 15,000 | € 845,000 | € 45,000 | ▼ 95% |
| Bank debt | € 1,091,726 | € 960,555 | € 832,011 | € 1,407,315 | ▲ 69% |
| Balance sheet total | € 1,685,298 | € 1,619,367 | € 1,215,780 | € 1,812,440 | ▲ 49% |
Key figures of IBA Immo, 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 IBA Immo?
What happened at IBA Immo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 49,384 (▼ 93% vs 2024). Source: NBB ↗
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 36,945 profit in 2022 to € 49,384 profit in 2025.
Paid € 22,597 in corporate taxes since 2022.
Best year ever: 2024, with € 756,520 profit.
Paid out € 935,000 in dividends to the owners in total.
Management
The stake of IBA Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IBA ImmoBehind IBA Immo are Boekhoudkantoor Meersman Consulting & Partners BV, IBA Holding and HOKO BV. The shares are held by IBA Holding (100%).
Directors
According to the 2025 annual accounts
Boekhoudkantoor Meersman Consulting & Partners BV
Director · represented by Kurt Meersman
Also active at: HS&P, I.B.A. Integraal bedrijfsadvies, IBA - T, IBA Holding, IBA ANTWERPEN, BILMEYER, IBA Partners, IBA Group
Director · represented by Nicolas Olivier
Also active at: I.B.A. Integraal bedrijfsadvies, IBA - T, IBA ANTWERPEN, BILMEYER
Director · represented by Koen Kortleven
Also active at: HS&P, I.B.A. Integraal bedrijfsadvies, IBA - T, OLD RED BARN, IBA Holding, IBA ANTWERPEN, BILMEYER, IBA Partners +1 more
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zandberg 20
2260 Westerlo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →I.B.A. Integraal bedrijfsadvies same network
€ 1.3 million gross margin · 2025
IBA - T same network
€ 4,249 gross margin · 2025
IBA Holding same network
€ 273,403 gross margin · 2025
IBA eenheid
IBA Partners same network
€ -309 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.476.084
- VAT number
- BE 0421.476.084
- Registered office
- Zandberg 20, 2260 Westerlo
- Names & denominations
- IBA Immo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 March 1981
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Activiteiten van holdings
Holdings