Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 125.7 to 92.1.
Financials
Financial year 2025
IGO from Holsbeek, company number BE0862962775, closed financial year 2025 with a result of € 109,657 after tax. For that financial year IGO recorded revenue of € 6.9 million and equity of € 2.1 million. Compared with financial year 2024, the result moved from € 56,393 to € 109,657. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 2.1 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 109,657
▲ 94% vs 2024
Profit after tax over the fiscal year.
€ 3.5 million
▲ 1% 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 € 2.1 million.
People and assets in 2025
92.1
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.3 million
▼ 2% vs 2024
€ 67,900 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.
€ 472,969
▲ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.3 million
▼ 8% vs 2024
€ 116,294 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 1.7 million
▼ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 204 days on average.
€ 1.2 million
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 6,108,049 | € 6,407,755 | € 7,017,290 | € 6,945,266 | ▼ 1% |
| Profit after taxes | € 47,685 | € 72,824 | € 56,393 | € 109,657 | ▲ 94% |
| Equity | € 1,910,446 | € 1,983,269 | € 2,039,662 | € 2,149,319 | ▲ 5% |
| Total debts | € 5,139,275 | € 5,723,324 | € 5,899,821 | € 6,179,381 | ▲ 5% |
| Cash | € 2,976,045 | € 1,771,804 | € 3,458,505 | € 3,476,675 | ▲ 1% |
| Land & buildings | € 1,870,439 | € 1,751,182 | € 1,644,514 | € 1,560,718 | ▼ 5% |
| Retained profit | € 1,885,046 | € 1,957,869 | € 2,014,262 | € 2,123,919 | ▲ 5% |
| Bank debt | € 1,579,599 | € 1,474,012 | € 1,364,987 | € 1,252,395 | ▼ 8% |
| Balance sheet total | € 7,093,221 | € 7,800,094 | € 8,047,983 | € 8,455,201 | ▲ 5% |
| Employees (FTE) | 156.5 | 125.7 | 92.5 | 92.1 | ▼ 0.4 |
Key figures of IGO, 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 IGO?
What happened at IGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 109,657 (▲ 94% vs 2024). Source: NBB ↗
- Frank Stevens became a director. NBB
- Kris Swinnen became a director. NBB
- Melina Vranckx became a director. NBB
- Gilberte Muls became a director. NBB
- David Geladé became a director. NBB
- Elke Wollants became a director. NBB
- An Wauters became a director. NBB
In short
From € 47,685 profit in 2022 to € 109,657 profit in 2025.
Paid € 112,841 in corporate taxes since 2022.
Best year ever: 2025, with € 109,657 profit.
A new publication or filing at IGO? 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 IGO are Hans Vandenberg, Frank Stevens, Kris Swinnen, Melina Vranckx, Gilberte Muls and David Geladé. Hans Vandenberg is also behind INTERGEMEENTELIJK OPBOUWWERK ARRONDIMENT LEUVEN-WERK. Frank Stevens is also behind INTERGEMEENTELIJK OPBOUWWERK ARRONDISSEMENT LEUVEN-WERK, LIMBURGS TECHNOLOGIECENTRUM PLUS, Het Rood Bondsgebouw, Autonoom Gemeentebedrijf Landen and Circulum Hasselt. Kris Swinnen is also behind INTERGEMEENTELIJK OPBOUWWERK ARRONDISSEMENT LEUVEN-WERK and Eerstelijnszone Zuidoost Hageland. Melina Vranckx is also behind INTERGEMEENTELIJK OPBOUWWERK ARRONDISSEMENT LEUVEN-WERK, OPDRACHTHOUDENDE VERENIGING VOOR CREMATORIUMBEHEER IN HET ARRONDISSEMENT LEUVEN and AGB Patrimonium Scherpenheuvel-Zichem.
Directors
According to the 2025 annual accounts
Hans Vandenberg
Vice-chairman of the board
Also active at: INTERGEMEENTELIJK OPBOUWWERK ARRONDIMENT LEUVEN-WERK
since 2019
Frank Stevens
Vice-chairman of the board
Also active at: INTERGEMEENTELIJK OPBOUWWERK ARRONDISSEMENT LEUVEN-WERK, LIMBURGS TECHNOLOGIECENTRUM PLUS, Het Rood Bondsgebouw, Autonoom Gemeentebedrijf Landen, Circulum Hasselt, LIMBURGS TECHNOLOGIECENTRUM VAN DE METAALSECTOR, MVL-FINANCE
since 2025
Kris Swinnen
Director
Also active at: INTERGEMEENTELIJK OPBOUWWERK ARRONDISSEMENT LEUVEN-WERK, Eerstelijnszone Zuidoost Hageland
since 2025
Melina Vranckx
Director
Also active at: INTERGEMEENTELIJK OPBOUWWERK ARRONDISSEMENT LEUVEN-WERK, OPDRACHTHOUDENDE VERENIGING VOOR CREMATORIUMBEHEER IN HET ARRONDISSEMENT LEUVEN, AGB Patrimonium Scherpenheuvel-Zichem
since 2025
since 2025
David Geladé
Chairman of the board
Also active at: INTERGEMEENTELIJK OPBOUWWERK ARRONDISSEMENT LEUVEN-WERK
since 2025
Guy Vanbelle
Director
Also active at: Toerisme Vlaams-Brabant, INTERGEMEENTELIJK OPBOUWWERK ARRONDISSEMENT LEUVEN-WERK, Regionaal Landschap Zuid-Hageland
since 2019
Elke Wollants
Director
Also active at: INTERGEMEENTELIJK OPBOUWWERK ARRONDISSEMENT LEUVEN-WERK, AUTONOOM GEMEENTEBEDRIJF ROTSELAAR
since 2025
An Wauters
Director
Also active at: Regionaal Landschap Noord-Hageland, INTERGEMEENTELIJK OPBOUWWERK ARRONDISSEMENT LEUVEN-WERK, Erfgoedstichting Vlaams-Brabant, AUTONOOM GEMEENTEBEDRIJ KEERBERGEN
since 2025
since 2019
Annik Olbrechts
Director
Also active at: INTERGEMEENTELIJK OPBOUWWERK ARRONDISSEMENT LEUVEN-WERK, AUTONOOM GEMEENTEBEDRIJF HAACHT
since 2025
Maggy Steeno
Director
Also active at: Regionaal Landschap Dijleland, INTERGEMEENTELIJK OPBOUWWERK ARRONDISSEMENT LEUVEN-WERK
since 2025
Pieter Taccoen
Director
since 2025
Raf Lambeets
Director
since 2025
since 2025
Establishments
Establishment units
Physical locations of this company
De Vunt 17
3220 Holsbeek
Wildemansweg 36
3020 Herent
Active since 10 March 2004
Pastoriestraat(WAK) 48
3150 Haacht
Active since 10 March 2004
Schoolstraat 37
3360 Bierbeek
Active since 3 September 2018
De Vunt 12
3220 Holsbeek
Active since 1 July 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0862.962.775
- VAT number
- BE 0862.962.775
- Registered office
- De Vunt 17, 3220 Holsbeek
- Names & denominations
- IGO
- Enterprise type
- Rechtspersoon
- Legal form
- Dienstverlenende vereniging (Vlaams Gewest)
- Legal situation
- Normale toestand
- Start date
- 10 March 2004
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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