Financials
Financial year 2025
INPALCO from Avelgem, company number BE0460177502, closed financial year 2025 with a result of € 300 after tax. For that financial year INPALCO recorded a gross margin of € 422,236 and equity of € 253,881. Compared with financial year 2024, the result moved from € 54 to € 300. 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 June 18, 2026.
€ 253,881
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 300
▲ € 246 vs 2024
Profit after tax over the fiscal year.
€ 1,189
▲ 111% 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 € 3,881.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 363,827
▼ 13% 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.
€ 92,880
▼ 33% vs 2024
Of which on lease € 67,310.
Debts at end 2025
€ 70,746
▼ 25% vs 2024
€ 24,430 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 22,594
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 55,213
▼ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 756,350 | € 678,196 | € 505,816 | € 422,236 | ▼ 17% |
| Profit after taxes | € 9,651 | € 1,437 | € 54 | € 300 | ▲ € 246 |
| Equity | € 252,090 | € 253,527 | € 253,581 | € 253,881 | |
| Total debts | € 157,979 | € 307,930 | € 258,597 | € 148,553 | ▼ 43% |
| Cash | € 1,737 | € 10,968 | € 563 | € 1,189 | ▲ 111% |
| Retained profit | € 2,090 | € 3,527 | € 3,581 | € 3,881 | ▲ 8% |
| Bank debt | € 18,283 | € 119,780 | € 94,250 | € 70,746 | ▼ 25% |
| Balance sheet total | € 410,069 | € 561,457 | € 512,177 | € 402,434 | ▼ 21% |
| Employees (FTE) | 11.8 | 10.9 | 0 | 0 |
Key figures of INPALCO, 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 INPALCO?
What happened at INPALCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 300 (▲ € 246 vs 2024). Source: NBB ↗
- GILVA became a director. NBB
- New establishment in Wevelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,651 profit in 2022 to € 300 profit in 2025.
Paid € 16,073 in corporate taxes since 2022.
Best year ever: 2022, with € 9,651 profit.
On average € 62,200 of value added per employee in 2023.
Management
Behind INPALCO is GILVA. The shares are held by INTER-CERAM.
Directors
According to the 2025 annual accounts
Managing director · represented by Vantieghem Piet
Also active at: ERIK VANTIEGHEM, INTER-CERAM, GUVVI, SiVaTrans, VANDU, Bakkersgrond
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leynseelstraat 154
8580 Avelgem
Drieslaan 35
8560 Wevelgem
Active since 2 April 1997
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
All companies at this address →ERIK VANTIEGHEM same network
€ 77.9 million revenue · 2025
GILVA same network
€ 294,510 gross margin · 2025
GUVVI same network
€ 741,621 gross margin · 2025
AXVA
€ 147,807 gross margin · 2025
PV Management
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0460.177.502
- VAT number
- BE 0460.177.502
- Registered office
- Leynseelstraat 154, 8580 Avelgem
- Names & denominations
- INPALCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 March 1997
- Peppol
- Active · Active since 3 Feb 2026
- Activities · NACE
Goederenvervoer over de weg
Vervaardiging van metalen constructiewerken en delen daarvan
Vervaardiging van metalen constructiewerken en onderdelen daarvan