Financials
Financial year 2025
IPECO from Namur, company number BE0677879550, closed financial year 2025 with a result of € 30,943 after tax. For that financial year IPECO recorded a gross margin of € 145,298 and equity of € 105,995. Compared with financial year 2024, the result moved from € 92,183 to € 30,943. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 105,995
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 30,943
▼ 66% vs 2024
Profit after tax over the fiscal year.
€ 53,781
▼ 36% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 35,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 89,297
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,286
▼ 43% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 7,835
▼ 35% vs 2024
€ 4,397 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 15,786
▲ 148% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 18,868
▲ 174% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 39,531 | € 121,461 | € 224,909 | € 145,298 | ▼ 35% |
| Profit after taxes | € 23,592 | € 55,243 | € 92,183 | € 30,943 | ▼ 66% |
| Equity | € 86,155 | € 106,104 | € 110,052 | € 105,995 | ▼ 4% |
| Total debts | € 47,766 | € 93,783 | € 114,663 | € 141,025 | ▲ 23% |
| Cash | € 65,596 | € 98,303 | € 83,879 | € 53,781 | ▼ 36% |
| Retained profit | € 67,555 | € 87,504 | € 91,452 | € 87,395 | ▼ 4% |
| Dividend | € 25,000 | € 35,294 | € 88,235 | € 35,000 | ▼ 60% |
| Bank debt | € 0 | € 16,028 | € 12,029 | € 7,835 | ▼ 35% |
| Balance sheet total | € 133,921 | € 199,887 | € 224,715 | € 247,020 | ▲ 10% |
Key figures of IPECO, 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 IPECO?
What happened at IPECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 30,943 (▼ 66% vs 2024). Source: NBB ↗
- New establishment in Namur. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,592 profit in 2022 to € 30,943 profit in 2025.
Paid € 59,832 in corporate taxes since 2022.
Best year ever: 2024, with € 92,183 profit.
Paid out € 183,529 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Rue de Gembloux(SS) 89
5002 Namur
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0677.879.550
- VAT number
- BE 0677.879.550
- Registered office
- Rue de Gembloux(SS) 89, 5002 Namur
- Names & denominations
- IPECO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 July 2017
- Peppol
- Active · Active since 30 Oct 2025
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