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 53 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IEKO from Oostkamp, company number BE0543428048, closed financial year 2025 with a result of € 488,239 after tax. For that financial year IEKO recorded a gross margin of € 690,308 and equity of € 18,600. Compared with financial year 2024, the result moved from € 510,543 to € 488,239. The company is profitable. The buffer shrank hard: equity is 97 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 20, 2026.
€ 18,600
▼ 97% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 488,239
▼ 4% vs 2024
Profit after tax over the fiscal year.
€ 158,935
▲ € 132,821 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.1 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 108,207
▼ 24% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 74,016
▼ 28% vs 2024
€ 30,171 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 8,728
▼ 96% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,779
▲ 57% 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 | € 592,174 | € 693,754 | € 717,142 | € 690,308 | ▼ 4% |
| Profit after taxes | € 419,586 | € 493,834 | € 510,543 | € 488,239 | ▼ 4% |
| Equity | € 501,890 | € 495,724 | € 606,267 | € 18,600 | ▼ 97% |
| Total debts | € 381,244 | € 623,561 | € 1,130,327 | € 977,602 | ▼ 14% |
| Cash | € 88,966 | € 152,346 | € 26,114 | € 158,935 | ▲ € 132,821 |
| Land & buildings | - | - | € 214,630 | € 210,682 | ▼ 2% |
| Retained profit | € 483,290 | € 477,124 | € 587,667 | € 0 | ▼ 100% |
| Dividend | € 100,000 | € 500,000 | € 400,000 | € 1,075,906 | ▲ 169% |
| Bank debt | € 198,943 | € 26,478 | € 103,216 | € 74,016 | ▼ 28% |
| Balance sheet total | € 883,134 | € 1,119,285 | € 1,736,595 | € 996,202 | ▼ 43% |
Key figures of IEKO, 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 IEKO?
What happened at IEKO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 488,239 (▼ 4% vs 2024). Source: NBB ↗
- New establishment in Oostkamp. KBO
- Start of the company according to the CBE. KBO
- Karen Lutters became a director. NBB
- Bart Maveau became a director. NBB
In short
From € 419,586 profit in 2022 to € 488,239 profit in 2025.
Paid € 625,418 in corporate taxes since 2022.
Best year ever: 2024, with € 510,543 profit.
Paid out € 2.1 million in dividends to the owners in total.
Management
Behind IEKO are Karen Lutters and Bart Maveau. It owns 33.3% of Heritage Projects itself.
Establishments
Establishment units
Physical locations of this company
Lieverstedestraat 11
8020 Oostkamp
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 →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
PROXIMUS-ISP-AS, BE
Website info
Features
Security
Details
- Company number
- 0543.428.048
- VAT number
- BE 0543.428.048
- Registered office
- Lieverstedestraat 11, 8020 Oostkamp
- Names & denominations
- IEKO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 December 2013
- Peppol
- Active · Active since 21 Oct 2026
- Contact
- maveau.be
- Activities · NACE
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