Financials
Financial year 2025
IB-GLASWERKEN from Meerhout, company number BE0717893238, closed financial year 2025 with a result of € 19,011 after tax. For that financial year IB-GLASWERKEN recorded a gross margin of € 269,570 and equity of € 137,866. Compared with financial year 2024, the result moved from € 14,885 to € 19,011. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 137,866
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 19,011
▲ 28% vs 2024
Profit after tax over the fiscal year.
€ 85,013
▲ 128% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 136,866.
People and assets in 2025
€ 204,042
▲ 20% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 25,832
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 138,675
▼ 5% vs 2024
€ 8,018 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 170,924
▲ 191% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 37,452
▲ 55% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 132,795 | € 209,110 | € 222,961 | € 269,570 | ▲ 21% |
| Profit after taxes | € 22,484 | € 43,657 | € 14,885 | € 19,011 | ▲ 28% |
| Equity | € 60,312 | € 103,970 | € 118,855 | € 137,866 | ▲ 16% |
| Total debts | € 271,479 | € 288,606 | € 260,760 | € 366,241 | ▲ 40% |
| Cash | € 29,094 | € 66,173 | € 37,273 | € 85,013 | ▲ 128% |
| Land & buildings | € 188,992 | € 185,491 | € 181,446 | € 174,351 | ▼ 4% |
| Retained profit | € 59,312 | € 102,970 | € 117,855 | € 136,866 | ▲ 16% |
| Bank debt | € 161,391 | € 153,786 | € 146,087 | € 138,675 | ▼ 5% |
| Balance sheet total | € 331,792 | € 392,575 | € 379,615 | € 504,107 | ▲ 33% |
Key figures of IB-GLASWERKEN, 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 IB-GLASWERKEN?
What happened at IB-GLASWERKEN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 19,011 (▲ 28% vs 2024). Source: NBB ↗
- New establishment in Meerhout. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,484 profit in 2022 to € 19,011 profit in 2025.
Paid € 35,691 in corporate taxes since 2022.
Best year ever: 2023, with € 43,657 profit.
Management
Behind IB-GLASWERKEN is Ivan Bartholomeus.
Directors
According to the 2025 annual accounts
Ivan Bartholomeus
Director
Establishments
Establishment units
Physical locations of this company
Kiezel 186 box A
2450 Meerhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0717.893.238
- VAT number
- BE 0717.893.238
- Registered office
- Kiezel 186 bus A, 2450 Meerhout
- Names & denominations
- IB-GLASWERKEN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 January 2019
- Peppol
- Active · Active since 17 Feb 2026
- Activities · NACE
Glaszetten
Overige werkzaamheden in verband met de afwerking van gebouwen