Financials
Financial year 2025
IVH METAL WORKS from Ganshoren, company number BE0453708293, closed financial year 2025 with a result of € 41,594 after tax. For that financial year IVH METAL WORKS recorded a gross margin of € 165,655 and equity of € 309,776. Compared with financial year 2024, the result moved from € 153,171 to € 41,594. The company is profitable. 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 June 25, 2026.
€ 309,776
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 41,594
▼ 73% vs 2024
Profit after tax over the fiscal year.
€ 15,065
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 226,088.
People and assets in 2025
€ 87,553
▼ 14% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 39,625
▼ 4% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 29,828
▼ 85% vs 2024
€ 7,825 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 152,770
▲ 171% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 20,411
▲ 62% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 122,927 | € 214,658 | € 294,220 | € 165,655 | ▼ 44% |
| Profit after taxes | € -80,695 | € -25,758 | € 153,171 | € 41,594 | ▼ 73% |
| Equity | € 140,768 | € 115,011 | € 268,182 | € 309,776 | ▲ 16% |
| Total debts | € 472,525 | € 332,071 | € 265,591 | € 203,009 | ▼ 24% |
| Cash | - | - | - | € 15,065 | |
| Retained profit | € 57,080 | € 31,323 | € 184,494 | € 226,088 | ▲ 23% |
| Bank debt | € 184,498 | € 184,715 | € 193,915 | € 29,828 | ▼ 85% |
| Balance sheet total | € 613,293 | € 447,082 | € 533,773 | € 512,785 | ▼ 4% |
Key figures of IVH METAL WORKS, 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 IVH METAL WORKS?
What happened at IVH METAL WORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 41,594 (▼ 73% vs 2024). Source: NBB ↗
- Vincent HALLET became a director. NBB
- Pierre HALLET became a director. NBB
- New establishment in Ganshoren. KBO
- Start of the company according to the CBE. KBO
In short
From € 80,695 loss in 2022 to € 41,594 profit in 2025.
Paid € 359 in corporate taxes since 2022.
Best year ever: 2024, with € 153,171 profit.
A new publication or filing at IVH METAL WORKS? 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
The stake of Isolants Victor Hallet comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IVH METAL WORKSBehind IVH METAL WORKS are Vincent HALLET and Pierre HALLET. The shares are held by Isolants Victor Hallet (100%).
Directors
According to the 2025 annual accounts
since 2022
since 2021
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rusatiralaan 9
1083 Ganshoren
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Details
- Company number
- 0453.708.293
- VAT number
- BE 0453.708.293
- Registered office
- Rusatiralaan 9, 1083 Ganshoren
- Names & denominations
- IVH METAL WORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 November 1994
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Handelsbemiddeling in de groothandel in andere specifieke goederen
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