Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2026; threshold 65 %.
Financials
Financial year 2026
IDP & CO from Westerlo, company number BE0538454225, closed financial year 2026 with a result of € 31,871 after tax. For that financial year IDP & CO recorded a gross margin of € 62,783 and equity of € 5.5 million. Compared with financial year 2025, the result moved from € 2.1 million to € 31,871. 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 July 7, 2026.
€ 5.5 million
▲ 1% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 31,871
▼ 99% vs 2025
Profit after tax over the fiscal year.
€ 119,576
▲ 110% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 4.5 million.
Debts at end 2026
€ 2.1 million
▼ 2% vs 2025
Loans from banks and other lenders, long and short.
€ 98,264
▲ € 97,828 vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 19,470
▲ 106% vs 2025
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 156,938 | € 158,572 | € 187,634 | € 62,783 | ▼ 67% |
| Profit after taxes | € 10,158 | € 52,979 | € 2,133,372 | € 31,871 | ▼ 99% |
| Equity | € 3,253,048 | € 3,306,027 | € 5,439,399 | € 5,471,271 | ▲ 1% |
| Total debts | € 4,325,044 | € 4,244,014 | € 2,117,673 | € 2,256,548 | ▲ 7% |
| Cash | € 78,093 | € 50,042 | € 56,997 | € 119,576 | ▲ 110% |
| Retained profit | € 2,253,048 | € 2,306,027 | € 4,439,399 | € 4,471,271 | ▲ 1% |
| Bank debt | € 4,304,041 | € 4,219,254 | € 2,107,804 | € 2,075,076 | ▼ 2% |
| Balance sheet total | € 7,578,092 | € 7,550,041 | € 7,557,072 | € 7,727,819 | ▲ 2% |
Key figures of IDP & CO, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to IDP & CO?
What happened at IDP & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 31,871 (▼ 99% vs 2025). Source: NBB ↗
- De Pelsmaeker Management BV stepped down as director. NBB
- De Pelsmaeker Management BV became a director. NBB
- New establishment in Westerlo. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,158 profit in 2023 to € 31,871 profit in 2026.
Paid € 23,012 in corporate taxes since 2023.
Best year ever: 2025, with € 2.1 million profit.
Management
The stake of INDUSTRIEBOUW DE PELSMAEKER, VT Solide, TCL CONSTRUCT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IDP & COBehind IDP & CO are TCL Construct BV, VT Solide BV and Barer BV. The shares are held by INDUSTRIEBOUW DE PELSMAEKER (20%), VT Solide (20%) and TCL CONSTRUCT (20%). It owns 100% of COG Industrie itself.
Directors
According to the 2026 annual accounts
Director · represented by Guilllaume De Pelsmaeker
Also active at: INDUSTRIEBOUW DE PELSMAEKER
Director · represented by Guy De Pelsmaeker
Also active at: INDUSTRIEBOUW DE PELSMAEKER
since 2024 · until 2025
Shareholders
Participations
100%
Establishments
Establishment units
Physical locations of this company
Houtstraat 3
2260 Westerlo
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0538.454.225
- VAT number
- BE 0538.454.225
- Registered office
- Houtstraat 3, 2260 Westerlo
- Names & denominations
- IDP & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 August 2013
- Peppol
- Active · Active since 3 Feb 2026
- Activities · NACE
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