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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Busy address KBO
74 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
I-LAND from Waregem, company number BE0843508634, closed financial year 2025 with a result of € 652,241 after tax. For that financial year I-LAND recorded revenue of € 3.6 million and equity of € 722,599. Compared with financial year 2024, the result moved from € -10,394 to € 652,241. 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 June 25, 2026.
€ 722,599
▲ € 652,241 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 652,241
▲ still € 10,394 loss in 2024
Profit after tax over the fiscal year.
€ 275,876
▲ 143% 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 € 661,099.
Debts at end 2025
€ 24.9 million
▼ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 317,205
▼ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 58 days on average.
€ 219,476
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,809,750 | € 1,834,095 | € 1,702,661 | € 3,578,181 | ▲ 110% |
| Profit after taxes | € 442,192 | € 234,351 | € -10,394 | € 652,241 | ▲ € 662,635 |
| Equity | € 906,402 | € 905,753 | € 70,359 | € 722,599 | ▲ € 652,241 |
| Total debts | € 15,298,357 | € 17,880,305 | € 27,240,478 | € 27,413,104 | ▲ 1% |
| Cash | € 1,089,308 | € 888,287 | € 113,675 | € 275,876 | ▲ 143% |
| Retained profit | € 844,902 | € 844,253 | € 8,859 | € 661,099 | ▲ € 652,241 |
| Dividend | € 460,000 | € 235,000 | € 825,000 | € 0 | ▼ 100% |
| Bank debt | € 13,764,855 | € 16,455,007 | € 25,656,569 | € 24,942,605 | ▼ 3% |
| Balance sheet total | € 16,204,760 | € 18,786,058 | € 27,310,836 | € 28,135,703 | ▲ 3% |
Key figures of I-LAND, 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 I-LAND?
What happened at I-LAND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Paul Thiers stepped down as director. NBB
- Davy Demuynck stepped down as director. NBB
- Kristof Vanfleteren stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 652,241. Source: NBB ↗
- Paul Thiers became a director. NBB
- Davy Demuynck became a director. NBB
- Kristof Vanfleteren became a director. NBB
- New establishment in Waregem. KBO
In short
From € 442,192 profit in 2022 to € 652,241 profit in 2025.
Paid € 465,338 in corporate taxes since 2022.
Best year ever: 2025, with € 652,241 profit.
Paid out € 1.5 million in dividends to the owners in total.
Management
The stake of ION HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
I-LANDThe shares are held by ION HOLDING (100%).
Directors
According to the 2025 annual accounts
Paul Thiers
Director
Also active at: COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, BedRocks, KEMPENSE LAND BANK, STUDIO 2CV, CELIDEE CONSTRUCT, ION Service Provider +39 more
since 2020 · until 2026
Davy Demuynck
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO, RIKOTAL +133 more
since 2020 · until 2026
Kristof Vanfleteren
Director
Also active at: NATIONALE IMMOBILIENVENNOOTSCHAP VAN HET BOUWBEDRIJF, DECAT Energy Technics, A’PEN, RODEKRUISPLEIN, COBOS, IMMOCOBEL, DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ, ESPOSITO +139 more
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vredestraat 53
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 74 companies are registered at this address.
All companies at this address →Van Eyck Residentie
€ 159,675 gross margin · 2025
RODEKRUISPLEIN same network
€ 45,360 gross margin · 2025
COBOS same network
DE NIEUWE KORTRIJKSE ZILVERSMEDERIJ same network
€ 325,000 revenue · 2025
SRB-invest
€ 2.1 million gross margin · 2022
+69 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0843.508.634
- VAT number
- BE 0843.508.634
- Registered office
- Vredestraat 53, 8790 Waregem
- Names & denominations
- I-LAND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 February 2012
- Peppol
- Active · Active since 1 Jan 2001