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 2023 and 2025.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 54.1 to 41.4.
Financials
Financial year 2025
IEPERBAND from Ieper, company number BE0423452114, closed financial year 2025 with a result of € -109,988 after tax. For that financial year IEPERBAND recorded revenue of € 11.2 million and equity of € 583,805. Compared with financial year 2023, the result moved from € -1.6 million to € -109,988. The company made a loss. The buffer shrank hard: equity is 73 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 583,805
▼ 73% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -109,988
▲ 93 % less loss than in 2023
Profit after tax over the fiscal year.
€ 644,982
▲ 175% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -616,195.
People and assets in 2025
41.4
▼ 7.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▲ 5% vs 2023
€ 63,600 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.
€ 1,261
▼ 20% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
Loans from banks and other lenders, long and short.
€ 3.1 million
▲ 103% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 132 days on average.
€ 343,577
▼ 48% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,890,860 | € 8,442,168 | € 8,500,040 | € 11,197,966 | ▲ 32% |
| Profit after taxes | € 39,859 | € -378,260 | € -1,614,141 | € -109,988 | ▲ € 1.5 million |
| Equity | € 4,162,905 | € 3,784,645 | € 2,170,504 | € 583,805 | ▼ 73% |
| Total debts | € 1,527,451 | € 2,054,688 | € 3,358,200 | € 5,104,122 | ▲ 52% |
| Cash | € 357,602 | € 393,696 | € 234,664 | € 644,982 | ▲ 175% |
| Land & buildings | € 265,319 | € 247,603 | € 234,559 | € 313,393 | ▲ 34% |
| Retained profit | € 2,962,905 | € 2,584,645 | € 970,504 | € -616,195 | ▼ € 1.6 million |
| Bank debt | € 0 | € 290,000 | € 0 | € 1,682,206 | |
| Balance sheet total | € 5,690,356 | € 5,839,333 | € 5,528,704 | € 5,687,926 | ▲ 3% |
| Employees (FTE) | 59.2 | 54.1 | 49.3 | 41.4 | ▼ 7.9 |
Key figures of IEPERBAND, 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 IEPERBAND?
What happened at IEPERBAND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Heiko Lohe stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 109,988. filed late Source: NBB ↗
- Franz Paule stepped down as director. NBB
- Johannes Berger stepped down as director. NBB
- Heiko Lohe became a director. NBB
- Johannes Berger became a director. NBB
- Franz Paule became a director. NBB
- New establishment in Ieper. KBO
In short
From € 39,859 profit in 2021 to € 109,988 loss in 2025.
Paid € 516 in corporate taxes since 2021.
Best year ever: 2021, with € 39,859 profit.
Pays suppliers within 132 days on average.
Management
The shares are held by Elastic Berger Holding GmbH (100%).
Directors
According to the 2025 annual accounts
Heiko Lohe
Director
since 2025 · until 2030
Franz Paule
Director
since 2014 · until 2026
Johannes Berger
Director
since 2022 · until 2026
Shareholders
Elastic Berger Holding GmbH
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oostkaai 22
8900 Ieper
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Hosting & Email
Email provider
Self-hosted
Hosting
COLT COLT Technology Services Group Limited, GB
Website info
Features
Security
Details
- Company number
- 0423.452.114
- VAT number
- BE 0423.452.114
- Registered office
- Oostkaai 22, 8900 Ieper
- Names & denominations
- IEPERBAND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 March 1983
- Peppol
- Active · Active since 18 Dec 2025
- Contact
- ieperband.be
- Activities · NACE
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