Financials
Financial year 2024
IBO GROUP from Lokeren, company number BE0839682874, closed financial year 2024 with a result of € 224,378 after tax. For that financial year IBO GROUP recorded a gross margin of € 1.4 million and equity of € 806,744. Compared with financial year 2023, the result moved from € 289,891 to € 224,378. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 28, 2025.
€ 806,744
▲ 39% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 224,378
▼ 23% vs 2023
Profit after tax over the fiscal year.
€ 163,979
▼ 38% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 788,144.
People and assets in 2024
€ 889,278
▲ 16% 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.
€ 184,955
▼ 12% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 541,958
▲ 80% vs 2023
€ 303,495 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 427,925
▲ 127% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 50,623
▲ 285% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 152,983 | € 762,593 | € 1,247,083 | € 1,370,426 | ▲ 10% |
| Profit after taxes | € 3,153 | € 189,033 | € 289,891 | € 224,378 | ▼ 23% |
| Equity | € 103,441 | € 292,475 | € 582,366 | € 806,744 | ▲ 39% |
| Total debts | € 237,604 | € 433,034 | € 501,798 | € 1,020,506 | ▲ 103% |
| Cash | € 100,949 | € 241,625 | € 264,447 | € 163,979 | ▼ 38% |
| Retained profit | € 84,841 | € 273,875 | € 563,766 | € 788,144 | ▲ 40% |
| Bank debt | € 178,056 | € 247,456 | € 300,274 | € 541,958 | ▲ 80% |
| Balance sheet total | € 341,046 | € 725,509 | € 1,084,164 | € 1,827,250 | ▲ 69% |
By gross margin, IBO GROUP ranks 2nd of 21 companies with main activity “Bouw van autowegen en andere wegen” in Lokeren that publish figures (fiscal year 2024).
Key figures of IBO GROUP, 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.
Ask about IBO GROUP the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to IBO GROUP?
What happened at IBO GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New establishment in Dendermonde. KBO
- New annual accounts for financial year 2024: profit of € 224,378 (▼ 23% vs 2023). filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Lokeren. KBO
- ISMAIL SARI became a director. NBB
In short
From € 3,153 profit in 2021 to € 224,378 profit in 2024.
Paid € 193,042 in corporate taxes since 2021.
Best year ever: 2023, with € 289,891 profit.
Management
Behind IBO GROUP is ISMAIL SARI.
Directors
According to the 2024 annual accounts
ISMAIL SARI
Director
since 2011
Establishments
Establishment units
Physical locations of this company
Spoorweglaan 27
9160 Lokeren
Zeelsebaan (GRE) 83 box 1
9200 Dendermonde
Active since 1 November 2025
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Lokeren
Same main activity (Bouw van autowegen en andere wegen), 31 active companies in Lokeren, largest first.
€ 27 million revenue · 2025
€ 15.4 million revenue · 2025
€ 3.2 million gross margin · 2025
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- SARI, Ismail(oprichter) 75.3%
- YURDAER Ozkan(oprichter) 24.7%
Details
- Company number
- 0839.682.874
- VAT number
- BE 0839.682.874
- Registered office
- Spoorweglaan 27, 9160 Lokeren
- Names & denominations
- IBO GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 September 2011
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Bouw van autowegen en andere wegen
Bouw van civieltechnische werken voor elektriciteit en telecommunicatie