IGM is a civil engineering contractor in Lokeren. Private Limited, started on 22 December 1997, 1 establishment.

What is the address of IGM?

The registered office of IGM is located at Waterstraat 2, 9160 Lokeren.

Yes. According to the CBE (29 October 2026) IGM is active, legal situation “Normale toestand”, started on 22 December 1997.

Is IGM registered on Peppol?

Yes, IGM is registered on the Peppol network with ID 0208:0462158874.

What is the enterprise number of IGM?

The enterprise number of IGM is BE0462158874.

When was IGM founded?

IGM was founded on 22 December 1997.

Who are the directors of IGM?

According to the 2025 annual accounts, the directors of IGM are: Gokhan Mergen, Hakan Mergen, Ibrahim Mergen.

Is IGM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 22 December 1997; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did IGM make in 2025?

IGM posted a profit after taxes of € 1,017,166 in financial year 2025.

What is the revenue of IGM?

In its most recent annual accounts (2025), IGM reported revenue of € 29,832,346.

How much does an employee at IGM earn?

The average wage cost per full-time employee at IGM was € 57,300 in 2025: staff costs of € 5.7 million for 99.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does IGM have?

According to the 2025 annual accounts, IGM has 99.5 full-time equivalents (FTE).

IGM (Private Limited) - Lokeren - BE0462158874

Dossier IGM, printed on 29 October 2026 from databakkes.be/en/0462158874/igm. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

IGM from Lokeren, company number BE0462158874, closed financial year 2025 with a result of € 1 million after tax. For that financial year IGM recorded revenue of € 29.8 million and equity of € 3.1 million. Compared with financial year 2024, the result moved from € 1 million to € 1 million. 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 July 21, 2026.

What it is worth Growing

€ 3.1 million

▲ 5% vs 2024

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

Profit Growing

€ 1 million

▲ 2% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1 million

▲ € 952,892 vs 2024

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

Where the profit goes Pays out

€ 878,593 paid out

86 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Full-time equivalents

99.5

▲ 26.8 vs 2024

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

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 7.6 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 5.7 million

▲ 51% vs 2024

€ 57,300 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.

Vehicles and equipment

€ 341,389

▲ 92% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 3.1 million

▲ 178% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 1.1 million

▲ 35% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 19 days on average.

Taxes and wages

€ 659,471

▲ 65% 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
Revenue	-	-	-	€ 29,832,346 Revenue 2025: € 29,832,346 First fiscal year in the series
Gross margin	€ 2,844,250 Gross margin 2022: € 2,844,250 First fiscal year in the series	€ 3,673,250 Gross margin 2023: € 3,673,250 ▲ 29% vs 2022 (€ 2,844,250) Favourable step	€ 5,584,906 Gross margin 2024: € 5,584,906 ▲ 52% vs 2023 (€ 3,673,250) Favourable step	-
Profit after taxes	€ 339,815 Profit after taxes 2022: € 339,815 First fiscal year in the series	€ 402,087 Profit after taxes 2023: € 402,087 ▲ 18% vs 2022 (€ 339,815) Favourable step	€ 1,000,200 Profit after taxes 2024: € 1,000,200 ▲ 149% vs 2023 (€ 402,087) Favourable step	€ 1,017,166 Profit after taxes 2025: € 1,017,166 ▲ 2% vs 2024 (€ 1,000,200) Favourable step	▲ 2%
Equity	€ 1,565,627 Equity 2022: € 1,565,627 First fiscal year in the series	€ 1,967,714 Equity 2023: € 1,967,714 ▲ 26% vs 2022 (€ 1,565,627) Favourable step	€ 2,967,914 Equity 2024: € 2,967,914 ▲ 51% vs 2023 (€ 1,967,714) Favourable step	€ 3,106,486 Equity 2025: € 3,106,486 ▲ 5% vs 2024 (€ 2,967,914) Favourable step	▲ 5%
Total debts	€ 1,993,784 Total debts 2022: € 1,993,784 First fiscal year in the series	€ 1,736,924 Total debts 2023: € 1,736,924 ▼ 13% vs 2022 (€ 1,993,784) Favourable step	€ 2,349,573 Total debts 2024: € 2,349,573 ▲ 35% vs 2023 (€ 1,736,924) Unfavourable step	€ 4,905,664 Total debts 2025: € 4,905,664 ▲ 109% vs 2024 (€ 2,349,573) Unfavourable step	▲ 109%
Cash	€ 478,723 Cash 2022: € 478,723 First fiscal year in the series	€ 699,862 Cash 2023: € 699,862 ▲ 46% vs 2022 (€ 478,723) Favourable step	€ 71,511 Cash 2024: € 71,511 ▼ 90% vs 2023 (€ 699,862) Unfavourable step	€ 1,024,404 Cash 2025: € 1,024,404 ▲ € 952,892 vs 2024 (€ 71,511) Favourable step	▲ € 952,892
Land & buildings	-	-	€ 59,250 Land & buildings 2024: € 59,250 First fiscal year in the series	€ 56,250 Land & buildings 2025: € 56,250 ▼ 5% vs 2024 (€ 59,250) Unchanged	▼ 5%
Retained profit	€ 1,558,022 Retained profit 2022: € 1,558,022 First fiscal year in the series	€ 1,960,109 Retained profit 2023: € 1,960,109 ▲ 26% vs 2022 (€ 1,558,022) Favourable step	€ 2,960,308 Retained profit 2024: € 2,960,308 ▲ 51% vs 2023 (€ 1,960,109) Favourable step	€ 3,098,881 Retained profit 2025: € 3,098,881 ▲ 5% vs 2024 (€ 2,960,308) Favourable step	▲ 5%
Dividend	€ 0 Dividend 2022: € 0 First fiscal year in the series	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 878,593 Dividend 2025: € 878,593 Unchanged (€ 0) Unchanged
Bank debt	€ 1,273,862 Bank debt 2022: € 1,273,862 First fiscal year in the series	€ 1,337,315 Bank debt 2023: € 1,337,315 ▲ 5% vs 2022 (€ 1,273,862) Unfavourable step	€ 1,126,262 Bank debt 2024: € 1,126,262 ▼ 16% vs 2023 (€ 1,337,315) Favourable step	€ 3,134,503 Bank debt 2025: € 3,134,503 ▲ 178% vs 2024 (€ 1,126,262) Unfavourable step	▲ 178%
Balance sheet total	€ 3,559,411 Balance sheet total 2022: € 3,559,411 First fiscal year in the series	€ 3,704,638 Balance sheet total 2023: € 3,704,638 ▲ 4% vs 2022 (€ 3,559,411) Unchanged	€ 5,317,486 Balance sheet total 2024: € 5,317,486 ▲ 44% vs 2023 (€ 3,704,638) Unchanged	€ 8,012,151 Balance sheet total 2025: € 8,012,151 ▲ 51% vs 2024 (€ 5,317,486) Unchanged	▲ 51%
Employees (FTE)	49.1 Employees (FTE) 2022: 49.1 First fiscal year in the series	63 Employees (FTE) 2023: 63 ▲ 13.9 vs 2022 (49.1) Unchanged	72.7 Employees (FTE) 2024: 72.7 ▲ 9.7 vs 2023 (63) Unchanged	99.5 Employees (FTE) 2025: 99.5 ▲ 26.8 vs 2024 (72.7) Unchanged	▲ 26.8

Key figures of IGM, 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 IGM?

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

Jul 21, 2026 New annual accounts for financial year 2025: profit of € 1 million (▲ 2% vs 2024). Source: NBB ↗
Dec 30, 1997 New establishment in Lokeren. KBO
Dec 22, 1997 Start of the company according to the CBE. KBO

In short

From € 339,815 profit in 2022 to € 1 million profit in 2025.

Paid € 2.5 million in corporate taxes since 2022.

Best year ever: 2025, with € 1 million profit.

On average € 76,800 of value added per employee in 2024.

Original PDFs at the National Bank ↗

Management

Gokhan Mergen Hakan Mergen Ibrahim Mergen

ADEM CONSTRUCT

IBO Construct

IGM

Behind IGM are Gokhan Mergen, Hakan Mergen and Ibrahim Mergen. The same people are also behind ADEM CONSTRUCT and IBO Construct.

Directors

According to the 2025 annual accounts

Gokhan Mergen

Director

Also active at: ADEM CONSTRUCT, IBO Construct

Hakan Mergen

Director

Also active at: ADEM CONSTRUCT, IBO Construct

Ibrahim Mergen

Director

Also active at: ADEM CONSTRUCT, IBO Construct

Establishments

Establishment units

Physical locations of this company

Registered office

Waterstraat 2

9160 Lokeren

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

UNISTOCK

€ 928,612 revenue · 2025

ADEM CONSTRUCT same network

€ 613,029 gross margin · 2025

IBO Construct same network

€ 6,021 gross margin · 2025

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

Details

Company number

0462.158.874

VAT number

BE 0462.158.874

Registered office

Waterstraat 2, 9160 Lokeren

Names & denominations

IGM

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

22 December 1997

Peppol

Active · Active since 30 Oct 2023

Activities · NACE

Bouw van civieltechnische werken voor elektriciteit en telecommunicatie

Aanleg van pijpleidingen, telecommunicatieleidingen en hoogspanningsleidingen

Proefboren en boren

Bouw van bruggen en tunnels

Bouw van autowegen en andere wegen

Overige gespecialiseerde bouwactiviteiten, neg

Bouw van tunnels, bruggen, viaducten en dergelijke

Bouw van autowegen en andere wegen, vliegvelden en sportfaciliteiten

View on CBE Public ↗ Annual accounts (NBB) ↗

IGM

Financials

What happened to IGM?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions