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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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
I.L.B from Ieper, company number BE0451586963, closed financial year 2025 with a result of € 237,139 after tax. For that financial year I.L.B recorded a gross margin of € 353,321 and equity of € 5.4 million. Compared with financial year 2024, the result moved from € 181,247 to € 237,139. 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 February 24, 2026.
€ 5.4 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 237,139
▲ 31% vs 2024
Profit after tax over the fiscal year.
€ 244
▼ 60% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.7 million.
People and assets in 2025
2
Average over the fiscal year, from the social balance sheet.
€ 121,585
▲ 7% vs 2024
€ 60,800 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.
€ 3,702
▼ 46% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 526,667
▼ 33% vs 2024
€ 260,000 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 30,381
▼ 64% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 64,713
▼ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 258,173 | € 363,446 | € 374,669 | € 353,321 | ▼ 6% |
| Profit after taxes | € 62,169 | € 161,652 | € 181,247 | € 237,139 | ▲ 31% |
| Equity | € 4,852,936 | € 5,014,588 | € 5,195,835 | € 5,432,974 | ▲ 5% |
| Total debts | € 2,690,795 | € 2,465,164 | € 2,229,290 | € 1,951,360 | ▼ 12% |
| Cash | € 18,263 | € 382 | € 612 | € 244 | ▼ 60% |
| Land & buildings | € 1,515,999 | € 1,440,432 | € 1,404,197 | € 1,362,419 | ▼ 3% |
| Retained profit | € 1,148,227 | € 1,309,879 | € 1,491,125 | € 1,728,264 | ▲ 16% |
| Bank debt | € 1,306,667 | € 1,046,667 | € 786,667 | € 526,667 | ▼ 33% |
| Balance sheet total | € 7,543,731 | € 7,509,196 | € 7,454,568 | € 7,413,778 | ▼ 1% |
| Employees (FTE) | 2 | 2 | 2 | 2 |
Key figures of I.L.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 30 April 2027.
What happened to I.L.B?
What happened at I.L.B in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philip Leroy stepped down as director. NBB
- Thomas Leroy stepped down as director. NBB
- An Vandaele stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 237,139 (▲ 31% vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 62,169 profit in 2022 to € 237,139 profit in 2025.
Paid € 112,668 in corporate taxes since 2022.
Best year ever: 2025, with € 237,139 profit.
On average € 176,700 of value added per employee in 2025.
Management
It owns 100% of Leroy NV, 99% of Brouwerij Van Eecke, 97% of Brouwerij Het Sas and 97% of Brouwerij Van Eecke NV (Watou) itself.
Directors
According to the 2025 annual accounts
Philip Leroy
Managing director
Also active at: Brouwerij van Eecke, MARKT 22, BROUWERIJ HET SAS, DIKSMUIDSE DRANKENHANDEL, LEROY, BROUWERIJ VAN EECKE
· until 2031
Thomas Leroy
Director
· until 2031
An Vandaele
Director
· until 2031
Establishments
Establishment units
Physical locations of this company
Diksmuidseweg 416
8904 Ieper
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0451.586.963
- VAT number
- BE 0451.586.963
- Registered office
- Diksmuidseweg 416, 8904 Ieper
- Names & denominations
- I.L.B
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 7 December 1993
- Peppol
- Active · Active since 6 Mar 2025
- Contact
- gedimatvandenberghe.be
- Activities · NACE
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