Ivenco is a hotel in Kuurne. Public Limited, started on 8 March 1995, 1 establishment.

What is the address of Ivenco?

The registered office of Ivenco is located at Brugsesteenweg 347, 8520 Kuurne.

Is Ivenco still active?

Yes. According to the CBE (29 October 2026) Ivenco is active, legal situation “Normale toestand”, started on 8 March 1995.

Is Ivenco registered on Peppol?

Yes, Ivenco is registered on the Peppol network with ID 0208:0454708383.

What is the enterprise number of Ivenco?

The enterprise number of Ivenco is BE0454708383.

When was Ivenco founded?

Ivenco was founded on 8 March 1995.

Who are the directors of Ivenco?

According to the 2025 annual accounts, the directors of Ivenco are: Rudiger Maes, Flego BV, Valery Buyse.

Is Ivenco a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 March 1995; 4 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did Ivenco make in 2025?

Ivenco recorded a loss after taxes of € 32,270 in financial year 2025.

What is the revenue of Ivenco?

As a small company, Ivenco is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 142,975.

How much does an employee at Ivenco earn?

The average wage cost per full-time employee at Ivenco was € 56,200 in 2024: staff costs of € 56,166 for 1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does Ivenco have?

According to the 2025 annual accounts, Ivenco has 0.8 full-time equivalents (FTE).

Ivenco (Public Limited) - Kuurne - BE0454708383

Dossier Ivenco, printed on 29 October 2026 from databakkes.be/en/0454708383/ivenco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 45 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

Ivenco from Kuurne, company number BE0454708383, closed financial year 2025 with a result of € -32,270 after tax. For that financial year Ivenco recorded a gross margin of € 142,975 and equity of € 2 million. Compared with financial year 2024, the result moved from € 1.7 million to € -32,270. 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 October 31, 2025.

What it is worth Healthy

€ 2 million

▼ 2% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -32,270

▼ still € 1.7 million profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 9

▼ 87% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 1.2 million.

People and assets in 2025

Full-time equivalents

0.8

▼ 0.2 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 53,825

▼ 4% 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.

Debts at end 2025

Bank debt ≈ 14 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 1.3 million

▲ 14% vs 2024

€ 93,879 is repaid this year. At this pace the long-term loan is gone in ≈ 14 years.

Owed to suppliers

€ 51,414

▼ 4% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 27,708

▼ 1% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 121,006 Gross margin 2022: € 121,006 First fiscal year in the series	€ 123,101 Gross margin 2023: € 123,101 ▲ 2% vs 2022 (€ 121,006) Favourable step	€ 167,621 Gross margin 2024: € 167,621 ▲ 36% vs 2023 (€ 123,101) Favourable step	€ 142,975 Gross margin 2025: € 142,975 ▼ 15% vs 2024 (€ 167,621) Unfavourable step	▼ 15%
Profit after taxes	€ -2,562 Profit after taxes 2022: € -2,562 First fiscal year in the series	€ -71,125 Profit after taxes 2023: € -71,125 ▼ € 68,564 vs 2022 (€ -2,562) Unfavourable step	€ 1,659,650 Profit after taxes 2024: € 1,659,650 ▲ € 1.7 million vs 2023 (€ -71,125) Favourable step	€ -32,270 Profit after taxes 2025: € -32,270 ▼ € 1.7 million vs 2024 (€ 1,659,650) Unfavourable step	▼ € 1.7 million
Equity	€ 462,048 Equity 2022: € 462,048 First fiscal year in the series	€ 390,923 Equity 2023: € 390,923 ▼ 15% vs 2022 (€ 462,048) Unfavourable step	€ 2,050,573 Equity 2024: € 2,050,573 ▲ € 1.7 million vs 2023 (€ 390,923) Favourable step	€ 2,018,303 Equity 2025: € 2,018,303 ▼ 2% vs 2024 (€ 2,050,573) Unfavourable step	▼ 2%
Total debts	€ 1,156,586 Total debts 2022: € 1,156,586 First fiscal year in the series	€ 1,100,201 Total debts 2023: € 1,100,201 ▼ 5% vs 2022 (€ 1,156,586) Favourable step	€ 1,299,669 Total debts 2024: € 1,299,669 ▲ 18% vs 2023 (€ 1,100,201) Unfavourable step	€ 1,484,412 Total debts 2025: € 1,484,412 ▲ 14% vs 2024 (€ 1,299,669) Unfavourable step	▲ 14%
Cash	€ 18 Cash 2022: € 18 First fiscal year in the series	€ 3,617 Cash 2023: € 3,617 ▲ € 3,598 vs 2022 (€ 18) Favourable step	€ 67 Cash 2024: € 67 ▼ 98% vs 2023 (€ 3,617) Unfavourable step	€ 9 Cash 2025: € 9 ▼ 87% vs 2024 (€ 67) Unfavourable step	▼ 87%
Land & buildings	€ 679,369 Land & buildings 2022: € 679,369 First fiscal year in the series	€ 634,494 Land & buildings 2023: € 634,494 ▼ 7% vs 2022 (€ 679,369) Unchanged	€ 587,304 Land & buildings 2024: € 587,304 ▼ 7% vs 2023 (€ 634,494) Unchanged	€ 546,208 Land & buildings 2025: € 546,208 ▼ 7% vs 2024 (€ 587,304) Unchanged	▼ 7%
Retained profit	€ -380,281 Retained profit 2022: € -380,281 First fiscal year in the series	€ -451,406 Retained profit 2023: € -451,406 ▼ € 71,125 vs 2022 (€ -380,281) Unfavourable step	€ 1,208,244 Retained profit 2024: € 1,208,244 ▲ € 1.7 million vs 2023 (€ -451,406) Favourable step	€ 1,175,974 Retained profit 2025: € 1,175,974 ▼ 3% vs 2024 (€ 1,208,244) Unfavourable step	▼ 3%
Bank debt	€ 800,000 Bank debt 2022: € 800,000 First fiscal year in the series	€ 545,000 Bank debt 2023: € 545,000 ▼ 32% vs 2022 (€ 800,000) Favourable step	€ 1,117,239 Bank debt 2024: € 1,117,239 ▲ 105% vs 2023 (€ 545,000) Unfavourable step	€ 1,275,294 Bank debt 2025: € 1,275,294 ▲ 14% vs 2024 (€ 1,117,239) Unfavourable step	▲ 14%
Balance sheet total	€ 1,625,888 Balance sheet total 2022: € 1,625,888 First fiscal year in the series	€ 1,491,123 Balance sheet total 2023: € 1,491,123 ▼ 8% vs 2022 (€ 1,625,888) Unchanged	€ 3,350,242 Balance sheet total 2024: € 3,350,242 ▲ 125% vs 2023 (€ 1,491,123) Unchanged	€ 3,502,715 Balance sheet total 2025: € 3,502,715 ▲ 5% vs 2024 (€ 3,350,242) Unchanged	▲ 5%
Employees (FTE)	-	-	1 Employees (FTE) 2024: 1 First fiscal year in the series	0.8 Employees (FTE) 2025: 0.8 ▼ 0.2 vs 2024 (1) Unchanged	▼ 0.2

Key figures of Ivenco, 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 October 2026.

What happened to Ivenco?

What happened at Ivenco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Rudiger Maes stepped down as director. NBB
2029 Flego BV stepped down as director. NBB
Oct 31, 2025 New annual accounts for financial year 2025: loss of € 32,270 (▼ € 1.7 million vs 2024). Source: NBB ↗
2024 Valery Buyse stepped down as director. NBB
2023 Flego BV became a director. NBB
2018 Rudiger Maes became a director. NBB
2018 Valery Buyse became a director. NBB
Jul 26, 1995 New establishment in Kuurne. KBO

In short

From € 2,562 loss in 2022 to € 32,270 loss in 2025.

Paid € 11,873 in corporate taxes since 2022.

Best year ever: 2024, with € 1.7 million profit.

On average € 167,600 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

FLEGO 100%

The stake of FLEGO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

Ivenco

The shares are held by FLEGO (100%).

Directors

According to the 2025 annual accounts

Rudiger Maes

Managing director

Also active at: HOSTELLERIE KLOKHOF, FLEGO

since 2018 · until 2029

Flego BV

Director · represented by Alexis Maes

Also active at: HOSTELLERIE KLOKHOF, HUMA, LUPAS, CORMA, COREX, DISTRIFOODS

since 2023 · until 2029

Valery Buyse

Director

Also active at: FLEGO

since 2018 · until 2024

Shareholders

FLEGO

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Brugsesteenweg 347

8520 Kuurne

2.072.463.792

Koning Albertstraat 23

8520 Kuurne

Active since 26 July 1995

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0454.708.383

VAT number

BE 0454.708.383

Registered office

Brugsesteenweg 347, 8520 Kuurne

Names & denominations

Ivenco

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

8 March 1995

Peppol

Active · Active since 30 Sept 2025

Activities · NACE

Hotels en dergelijke accommodatie

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur van woningen, exclusief sociale woningen

Verhuur en lease van machines, apparatuur en handgereedschap voor doe-het-zelvers

Verhuur van machines, apparatuur en handgereedschap voor doe-het-zelvers

View on CBE Public ↗ Annual accounts (NBB) ↗

Ivenco

Warning lights

Financials

What happened to Ivenco?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Details

Frequently asked questions