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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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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
I.E.B. from Eupen, company number BE0432666421, closed financial year 2025 with a result of € -13,855 after tax. For that financial year I.E.B. recorded a gross margin of € 19,547 and equity of € 412,748. Compared with financial year 2024, the result moved from € 6,933 to € -13,855. 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 May 8, 2026.
€ 412,748
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -13,855
▼ still € 6,933 profit in 2024
Profit after tax over the fiscal year.
€ 62,732
▼ 35% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 394,148.
People and assets in 2025
€ 28,706
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,084
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 11,222
▼ 33% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,868
▼ 14% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 71,527 | € 43,472 | € 33,442 | € 19,547 | ▼ 42% |
| Profit after taxes | € -11,507 | € 38,698 | € 6,933 | € -13,855 | ▼ € 20,788 |
| Equity | € 433,971 | € 472,670 | € 479,603 | € 412,748 | ▼ 14% |
| Total debts | € 44,646 | € 15,515 | € 25,394 | € 20,605 | ▼ 19% |
| Cash | € 137,290 | € 89,523 | € 96,953 | € 62,732 | ▼ 35% |
| Retained profit | € 415,371 | € 454,070 | € 461,003 | € 394,148 | ▼ 15% |
| Dividend | € 0 | € 0 | € 0 | € 53,000 | |
| Balance sheet total | € 478,618 | € 488,185 | € 504,996 | € 433,353 | ▼ 14% |
Key figures of I.E.B., 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 I.E.B.?
What happened at I.E.B. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 13,855 (▼ € 20,788 vs 2024). Source: NBB ↗
- Paul Baltus became a director. NBB
- New establishment in Eupen. KBO
- Start of the company according to the CBE. KBO
In short
From € 11,507 loss in 2022 to € 13,855 loss in 2025.
Paid € 21,080 in corporate taxes since 2022.
Best year ever: 2023, with € 38,698 profit.
Paid out € 53,000 in dividends to the owners in total.
Management
Behind I.E.B. is Paul Baltus.
Directors
According to the 2025 annual accounts
Paul Baltus
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Lascheterfeld 2
4700 Eupen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0432.666.421
- VAT number
- BE 0432.666.421
- Registered office
- Lascheterfeld 2, 4700 Eupen
- Names & denominations
- I.E.B.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 December 1987
- Peppol
- Not registered
- Activities · NACE
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