Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IKAN DEVELOPMENT from Mechelen, company number BE0880927868, closed financial year 2025 with a result of € 535 after tax. For that financial year IKAN DEVELOPMENT recorded a gross margin of € 616,137 and equity of € -2.3 million. Compared with financial year 2024, the result moved from € 136,865 to € 535. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 4, 2026.
€ -2.3 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 535
▼ € 136,330 vs 2024
Profit after tax over the fiscal year.
€ 111,354
▲ 77% 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 € -3.3 million.
People and assets in 2025
3.6
Average over the fiscal year, from the social balance sheet.
€ 250,430
▼ 7% vs 2024
€ 69,600 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.
€ 4,176
▲ 236% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.8 million
▼ 1% vs 2024
€ 46,964 is repaid this year. At this pace the long-term loan is gone in ≈ 60 years.
€ 22,339
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 62,688
▼ 26% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 597,074 | € 654,930 | € 684,389 | € 616,137 | ▼ 10% |
| Profit after taxes | € 466,373 | € 136,208 | € 136,865 | € 535 | ▼ € 136,330 |
| Equity | € -2,540,157 | € -2,403,949 | € -2,267,084 | € -2,266,549 | |
| Total debts | € 3,464,687 | € 3,492,099 | € 3,243,204 | € 3,157,282 | ▼ 3% |
| Cash | € 79,879 | € 5,215 | € 62,826 | € 111,354 | ▲ 77% |
| Retained profit | € -3,603,157 | € -3,466,949 | € -3,330,084 | € -3,329,549 | |
| Bank debt | € 2,999,458 | € 3,033,846 | € 2,863,360 | € 2,830,838 | ▼ 1% |
| Balance sheet total | € 924,530 | € 1,088,150 | € 976,120 | € 890,734 | ▼ 9% |
| Employees (FTE) | 3.6 | 3.6 | 3.6 | 3.6 |
Key figures of IKAN DEVELOPMENT, 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 IKAN DEVELOPMENT?
What happened at IKAN DEVELOPMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 535 (▼ € 136,330 vs 2024). filed late Source: NBB ↗
- René De Vleeschauwer became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 466,373 profit in 2022 to € 535 profit in 2025.
Paid € 2,430 in corporate taxes since 2022.
Best year ever: 2022, with € 466,373 profit.
On average € 171,100 of value added per employee in 2025.
Management
Behind IKAN DEVELOPMENT is René De Vleeschauwer. René De Vleeschauwer is also behind RAPIDE, PT Holdings and THE FLOW GROUP.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Motstraat 30
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →WOLTERS KLUWER BELGIUM
€ 169.8 million revenue · 2025
NCOI
€ 10.1 million revenue · 2025
Wolters Kluwer TAA Europe
Event Pilots
€ 460,540 gross margin · 2025
ELIMITY
€ 215,124 gross margin · 2025
+12 more
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
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
kobee.io
Registered
2021-07-08
Registrar
Key-Systems GmbH
Expires
2026-07-08
Website info
Features
Security
Network
Details
- Company number
- 0880.927.868
- VAT number
- BE 0880.927.868
- Registered office
- Motstraat 30, 2800 Mechelen
- Names & denominations
- IKAN DEVELOPMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 2006
- Peppol
- Active · Active since 8 Jan 2026
- Contact
- kobee.io [email protected] 0475628828
- Activities · NACE
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