Financials
Financial year 2025
IG BELCO from Lille, company number BE0458949857, closed financial year 2025 with a result of € 81,605 after tax. For that financial year IG BELCO recorded a gross margin of € 157,845 and equity of € 406,734. Compared with financial year 2024, the result moved from € 60,638 to € 81,605. 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 August 31, 2026.
€ 406,734
▲ 20% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 81,605
▲ 35% vs 2024
Profit after tax over the fiscal year.
€ 354,929
▲ 135% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 14,250 paid out
17 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
€ 24,876
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 91,889
▼ 15% vs 2024
€ 12,186 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 324,778
▼ 13% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 26,663
▲ 10% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 147,442 | € 23,431 | € 130,131 | € 157,845 | ▲ 21% |
| Profit after taxes | € 77,073 | € -18,775 | € 60,638 | € 81,605 | ▲ 35% |
| Equity | € 299,300 | € 278,741 | € 339,379 | € 406,734 | ▲ 20% |
| Total debts | € 805,289 | € 808,231 | € 506,536 | € 489,257 | ▼ 3% |
| Cash | € 160,262 | € 275,352 | € 151,343 | € 354,929 | ▲ 135% |
| Land & buildings | € 107,250 | € 96,420 | € 85,590 | € 74,760 | ▼ 13% |
| Retained profit | € 280,708 | € 260,149 | € 320,787 | € 388,142 | ▲ 21% |
| Dividend | € 0 | € 1,783 | € 0 | € 14,250 | |
| Bank debt | € 110,759 | € 122,563 | € 107,608 | € 91,889 | ▼ 15% |
| Balance sheet total | € 1,104,589 | € 1,086,972 | € 845,916 | € 895,992 | ▲ 6% |
Key figures of IG BELCO, 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 IG BELCO?
What happened at IG BELCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 81,605 (▲ 35% vs 2024). filed late Source: NBB ↗
- New establishment in Lille. KBO
- Start of the company according to the CBE. KBO
In short
From € 77,073 profit in 2022 to € 81,605 profit in 2025.
Paid € 124,714 in corporate taxes since 2022.
Best year ever: 2025, with € 81,605 profit.
Paid out € 16,033 in dividends to the owners in total.
Management
Behind IG BELCO is Geert Horemans.
Directors
According to the 2025 annual accounts
Geert Horemans
Director
Establishments
Establishment units
Physical locations of this company
Haestakkers 30
2275 Lille
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.949.857
- VAT number
- BE 0458.949.857
- Registered office
- Haestakkers 30, 2275 Lille
- Names & denominations
- IG BELCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 October 1996
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
Groothandel in hout
Vervaardiging van ander schrijn- en timmerwerk
Handelsbemiddeling in de groothandel in brandstoffen, ertsen, metalen en chemische producten
Handelsbemiddeling in brandstoffen, ertsen, metalen en chemische producten
Vervaardiging van schrijn- en timmerwerk