Financials
Financial year 2024
INSTITUTE FOR BUSINESS DEVELOPMENT from Brugge, company number BE0426908579, closed financial year 2024 with a result of € 2.1 million after tax. For that financial year INSTITUTE FOR BUSINESS DEVELOPMENT recorded a gross margin of € 3.5 million and equity of € 8.1 million. Compared with financial year 2023, the result moved from € 1.5 million to € 2.1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 29, 2025.
€ 8.1 million
▲ 30% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.1 million
▲ 40% vs 2023
Profit after tax over the fiscal year.
€ 4.9 million
▲ 52% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 250,000 paid out
12 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
3.1
▲ 0.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 311,051
▲ 18% vs 2023
€ 100,300 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.
€ 392,249
▲ 109% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 643,173
▲ 10% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 182,235
▼ 29% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,528,444 | € 2,693,218 | € 2,530,741 | € 3,451,040 | ▲ 36% |
| Profit after taxes | € 1,039,682 | € 1,545,127 | € 1,527,100 | € 2,145,079 | ▲ 40% |
| Equity | € 3,686,763 | € 4,955,446 | € 6,232,546 | € 8,127,625 | ▲ 30% |
| Total debts | € 1,035,894 | € 1,647,633 | € 1,254,374 | € 1,264,549 | ▲ 1% |
| Cash | € 1,392,726 | € 2,134,715 | € 3,187,476 | € 4,859,217 | ▲ 52% |
| Land & buildings | € 82,425 | € 82,425 | € 82,425 | € 82,425 | |
| Retained profit | € 3,624,763 | € 3,893,446 | € 5,170,546 | € 7,065,625 | ▲ 37% |
| Dividend | € 0 | € 250,000 | € 250,000 | € 250,000 | |
| Bank debt | € 96,204 | € 246,154 | € 0 | € 0 | |
| Balance sheet total | € 4,722,656 | € 6,603,078 | € 7,486,920 | € 9,392,174 | ▲ 25% |
| Employees (FTE) | - | 2.8 | 2.8 | 3.1 | ▲ 0.3 |
Key figures of INSTITUTE FOR BUSINESS DEVELOPMENT, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to INSTITUTE FOR BUSINESS DEVELOPMENT?
What happened at INSTITUTE FOR BUSINESS DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dirk Spillebeen stepped down as director. NBB
- Anne Carlier stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 2.1 million (▲ 40% vs 2023). filed late Source: NBB ↗
- Dirk Spillebeen became a director. NBB
- Anne Carlier became a director. NBB
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 1 million profit in 2021 to € 2.1 million profit in 2024.
Paid € 2.9 million in corporate taxes since 2021.
Best year ever: 2024, with € 2.1 million profit.
On average € 1.1 million of value added per employee in 2024.
A new publication or filing at INSTITUTE FOR BUSINESS DEVELOPMENT? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Dirk Spillebeen
Managing director
since 2022 · until 2028
Anne Carlier
Managing director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Zeeweg 155
8200 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
COMBELL-AS, BE
Website info
Features
Security
Network
Details
- Company number
- 0426.908.579
- VAT number
- BE 0426.908.579
- Registered office
- Zeeweg 155, 8200 Brugge
- Names & denominations
- INSTITUTE FOR BUSINESS DEVELOPMENT · IFBD
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 March 1985
- Peppol
- Active · Active since 20 Oct 2025
- Contact
- ifbd.be
- Activities · NACE
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