Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ILPAM from Sint-Martens-Latem, company number BE0831463808, closed financial year 2025 with a result of € 7,139 after tax. For that financial year ILPAM recorded a gross margin of € 9,615 and equity of € 144,129. Compared with financial year 2024, the result moved from € -18,298 to € 7,139. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 26, 2026.
€ 144,129
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,139
▲ still € 18,298 loss in 2024
Profit after tax over the fiscal year.
€ 9,141
▲ € 7,850 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 € -425,871.
People and assets in 2025
€ 938,067
▲ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 520,323
▼ 6% vs 2024
€ 33,553 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 15,204
▲ 87% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 56,159 | € -15,137 | € -15,473 | € 9,615 | ▲ € 25,088 |
| Profit after taxes | € 45,008 | € -25,602 | € -18,298 | € 7,139 | ▲ € 25,437 |
| Equity | € 180,890 | € 155,288 | € 136,990 | € 144,129 | ▲ 5% |
| Total debts | € 790,052 | € 789,727 | € 865,762 | € 913,208 | ▲ 5% |
| Cash | € 9,405 | € 15,108 | € 1,291 | € 9,141 | ▲ € 7,850 |
| Retained profit | € -389,110 | € -414,712 | € -433,010 | € -425,871 | ▲ € 7,139 |
| Bank debt | € 618,783 | € 586,323 | € 553,507 | € 520,323 | ▼ 6% |
| Balance sheet total | € 970,942 | € 945,015 | € 1,002,752 | € 1,057,337 | ▲ 5% |
Key figures of ILPAM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ILPAM?
What happened at ILPAM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,139. Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- Start of the company according to the CBE. KBO
- Edgard Vermeersch became a director. NBB
In short
From € 45,008 profit in 2022 to € 7,139 profit in 2025.
Paid € 13,374 in corporate taxes since 2022.
Best year ever: 2022, with € 45,008 profit.
A new publication or filing at ILPAM? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind ILPAM is Edgard Vermeersch. Edgard Vermeersch is also behind FRIMMO, EXCELLENCE CONSULTING, ITINERIS, Opinum and Juice.
Directors
According to the 2025 annual accounts
Edgard Vermeersch
Director
Also active at: FRIMMO, EXCELLENCE CONSULTING, ITINERIS, Opinum, Juice, E-SOLUTIONS SERVICES, Itineris Holding, Itineris Group
since 2010
Establishments
Establishment units
Physical locations of this company
Pontstraat 25
9831 Sint-Martens-Latem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0831.463.808
- VAT number
- BE 0831.463.808
- Registered office
- Pontstraat 25, 9831 Sint-Martens-Latem
- Names & denominations
- ILPAM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 November 2010
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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