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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Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Innovative Building Systems from Wervik, company number BE0733662765, closed financial year 2025 with a result of € -199,323 after tax. For that financial year Innovative Building Systems recorded a gross margin of € 338,190 and equity of € -1.7 million. Compared with financial year 2024, the result moved from € -1.6 million to € -199,323. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ -1.7 million
▼ € 199,323 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -199,323
▲ 88 % less loss than in 2024
Profit after tax over the fiscal year.
€ 59,937
▲ € 52,759 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.8 million.
People and assets in 2025
1.8
▼ 5.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 144,853
▼ 64% vs 2024
€ 80,500 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.
€ 800,127
▼ 23% vs 2024
Of which on lease € 790,238.
Debts at end 2025
€ 2.9 million
€ 251,223 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 191,922
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 256,570 | € 375,144 | € -102,326 | € 338,190 | ▲ € 440,517 |
| Profit after taxes | € 38,501 | € 16,838 | € -1,622,167 | € -199,323 | ▲ € 1.4 million |
| Equity | € 132,074 | € 148,912 | € -1,473,255 | € -1,672,579 | ▼ € 199,323 |
| Total debts | € 732,026 | € 1,562,397 | € 3,124,200 | € 3,058,024 | ▼ 2% |
| Cash | € 38,959 | € 55,646 | € 7,178 | € 59,937 | ▲ € 52,759 |
| Retained profit | € 42,074 | € 58,912 | € -1,563,255 | € -1,762,579 | ▼ € 199,323 |
| Bank debt | € 437,122 | € 1,435,355 | € 2,854,999 | € 2,865,203 | |
| Balance sheet total | € 864,100 | € 1,711,309 | € 1,650,945 | € 1,385,445 | ▼ 16% |
| Employees (FTE) | - | - | 7.1 | 1.8 | ▼ 5.3 |
Key figures of Innovative Building Systems, 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 March 2027.
What happened to Innovative Building Systems?
What happened at Innovative Building Systems in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 199,323. filed late Source: NBB ↗
- Babeva BV became a director. NBB
- New establishment in Wervik. KBO
- Start of the company according to the CBE. KBO
In short
From € 38,501 profit in 2022 to € 199,323 loss in 2025.
Best year ever: 2022, with € 38,501 profit.
On average € 187,900 of value added per employee in 2025.
Management
Behind Innovative Building Systems is Babeva BV. Babeva BV is also behind FRANCOVERA, BELBEAU, BELFRA VERMOGENSBEHEER, RNTH. and GENCO.
Directors
According to the 2025 annual accounts
Director · represented by Flore Duverger
Also active at: FRANCOVERA, BELBEAU, BELFRA VERMOGENSBEHEER, RNTH., GENCO, Kasica, Menenstraat
since 2024
Establishments
Establishment units
Physical locations of this company
Hoogweg 46
8940 Wervik
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0733.662.765
- VAT number
- BE 0733.662.765
- Registered office
- Hoogweg 46, 8940 Wervik
- Names & denominations
- Innovative Building Systems · I.B.S.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 September 2019
- Peppol
- Active · Active since 2 Dec 2025
- Contact
- ibs-profiles.com
- Activities · NACE
Vervaardiging van metalen constructiewerken en delen daarvan
Overige gespecialiseerde bouwactiviteiten, neg
Overige gespecialiseerde bouwwerkzaamheden