Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
Financials
Financial year 2024
iO Benelux from Herentals, company number BE0646826187, closed financial year 2024 with a result of € -2.2 million after tax. For that financial year iO Benelux recorded revenue of € 16.3 million and equity of € 44.2 million. Compared with financial year 2023, the result moved from € -2.4 million to € -2.2 million. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2025.
€ 44.2 million
▼ 5% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2.2 million
▲ 7 % less loss than in 2023
Profit after tax over the fiscal year.
€ 125,309
▼ 29% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.1 million.
People and assets in 2024
47.6
▼ 0.9 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▼ 2% vs 2023
€ 67,300 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.
€ 4.6 million
▲ 29% vs 2023
Of which on lease € 3.9 million.
Debts at end 2024
€ 120.5 million
▲ 1% vs 2023
€ 1.4 million is repaid this year. At this pace the long-term loan is gone in ≈ 81 years.
€ 1.1 million
▼ 21% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 55 days on average.
€ 3 million
▲ 82% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 9,332,283 | € 11,386,192 | € 13,983,965 | € 16,262,298 | ▲ 16% |
| Profit after taxes | € -4,696,085 | € 8,451,910 | € -2,369,849 | € -2,207,273 | ▲ € 162,576 |
| Equity | € 40,287,956 | € 48,739,866 | € 46,370,017 | € 44,162,744 | ▼ 5% |
| Total debts | € 146,943,386 | € 164,360,642 | € 157,222,806 | € 157,036,202 | |
| Cash | € 423,265 | € 24,866 | € 176,448 | € 125,309 | ▼ 29% |
| Land & buildings | - | € 1,244,545 | € 1,041,607 | € 838,865 | ▼ 19% |
| Retained profit | € -1,767,205 | € 6,684,705 | € 4,314,856 | € 2,107,583 | ▼ 51% |
| Bank debt | € 97,065,099 | € 115,531,212 | € 119,263,596 | € 120,502,471 | ▲ 1% |
| Balance sheet total | € 187,231,342 | € 213,100,508 | € 203,592,823 | € 201,198,946 | ▼ 1% |
| Employees (FTE) | 31.8 | 40.5 | 48.5 | 47.6 | ▼ 0.9 |
Key figures of iO Benelux, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to iO Benelux?
What happened at iO Benelux in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ProXpera BV stepped down as director. NBB
- PIETER JANSSENS BV stepped down as director. NBB
- Tom van Mierlo BV stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 2.2 million. Source: NBB ↗
- ProXpera BV became a director. NBB
- PIETER JANSSENS BV became a director. NBB
- Tom van Mierlo BV became a director. NBB
- New establishment in Herentals. KBO
In short
From € 4.7 million loss in 2021 to € 2.2 million loss in 2024.
Paid € 2 million in corporate taxes since 2021.
Best year ever: 2022, with € 8.5 million profit.
Pays suppliers within 55 days on average.
Management
The stake of iO Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
iO BeneluxThe shares are held by iO Group (100%). It owns 100% of iO The netherlands and 100% of iO Belgium itself.
Directors
According to the 2024 annual accounts
Director · represented by Pieter Janssens
Also active at: EVOLU LIVING, iO Belgium 2, iO Group, Evolu, iO Belgium
since 2022 · until 2028
since 2024 · until 2030
since 2022 · until 2028
Shareholders
100%
Participations
iO The netherlands
100%
100%
Establishments
Establishment units
Physical locations of this company
Zavelheide(HRT) 15
2200 Herentals
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →EVOLU LIVING same network
€ 62,732 gross margin · 2025
Nofollow Group
iO Group same network
€ 605,065 revenue · 2024
Evolu same network
€ 939,747 gross margin · 2025
Intracto Group Investors
+4 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
- 0646.826.187
- VAT number
- BE 0646.826.187
- Registered office
- Zavelheide(HRT) 15, 2200 Herentals
- Names & denominations
- iO Benelux
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 January 2016
- Peppol
- Active · Active since 16 Dec 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Activiteiten van holdings
Holdings