Financials
Financial year 2024
IB CONSTRUCT from Gent, company number BE0742695445, closed financial year 2024 with a result of € -75,497 after tax. For that financial year IB CONSTRUCT recorded revenue of € 516,797 and equity of € 31,550. Compared with financial year 2023, the result moved from € 20,043 to € -75,497. The company made a loss. The buffer shrank hard: equity is 71 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 1, 2025.
€ 31,550
▼ 71% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -75,497
▼ still € 20,043 profit in 2023
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € 28,550.
People and assets in 2024
€ 34,734
▼ 59% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 1,120
▼ 49% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 186,993
€ 46,223 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 123,735
▲ 81% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 216,982 | € 390,098 | € 532,391 | € 516,797 | ▼ 3% |
| Gross margin | € 88,114 | € 165,158 | € 114,380 | € -18,590 | ▼ € 132,970 |
| Profit after taxes | € 22,601 | € 57,813 | € 20,043 | € -75,497 | ▼ € 95,540 |
| Equity | € 34,662 | € 93,009 | € 107,047 | € 31,550 | ▼ 71% |
| Total debts | € 24,983 | € 109,880 | € 130,868 | € 310,728 | ▲ 137% |
| Cash | € 3,626 | € 38,251 | € 73,810 | - | |
| Retained profit | € 31,662 | € 90,009 | € 104,047 | € 28,550 | ▼ 73% |
| Bank debt | € 5,145 | € 0 | € 0 | € 186,993 | |
| Balance sheet total | € 59,645 | € 202,888 | € 237,916 | € 342,278 | ▲ 44% |
Key figures of IB CONSTRUCT, 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 IB CONSTRUCT?
What happened at IB CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 75,497 (▼ € 95,540 vs 2023). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,601 profit in 2021 to € 75,497 loss in 2024.
Paid € 43,336 in corporate taxes since 2021.
Best year ever: 2022, with € 57,813 profit.
Establishments
Establishment units
Physical locations of this company
Victor Braeckmanlaan 114
9040 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
WIX_COM, IL
Website info
Features
Security
Details
- Company number
- 0742.695.445
- VAT number
- BE 0742.695.445
- Registered office
- Victor Braeckmanlaan 114, 9040 Gent
- Names & denominations
- IB CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 January 2020
- Peppol
- Active · Active since 2 Mar 2026
- Contact
- ib-construct.be +32 489 66 68 78
- Activities · NACE
Overige werkzaamheden in verband met de afwerking van gebouwen
Overige gespecialiseerde bouwactiviteiten, neg
Restaureren van bouwwerken
Stukadoorswerk
Installatie van isolatie
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Algemene elektrotechnische installatiewerken
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
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