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Autonoom gemeentebedrijf Izegem

Active
Autonoom gemeentebedrijffounded 2017active for 8 yearsKorenmarkt 10, 8870 Izegem, BelgiumKBO/BCE: BE 0692.535.557
Summary

Autonoom gemeentebedrijf Izegem has the legal form “Autonoom gemeentebedrijf” in the KBO; Checked does not compute a bankruptcy probability for it. The 2025 annual accounts show negative equity (-€166,327) and a net result of -€337,860. Equity is shrinking by about 140% per year across the filed financial years. The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known
Size
€4.9mtotal assets 2025
Equity
-€166,327
Loss
-€337,860
Turnover not published (micro format)
Financial health
24 Critical Checked score 2025
Bankruptcy probability: legal form outside the model
Structure
Accounts filed 11 days late
Signalsraises riskNegative equityneutralFiled after the deadlineShow the evidence

Checked score

Score 2025
24 / 100
Critical
Without a bankruptcy probability: score from the figures alone
Financial strength · tick = 2024
Weak
Solvency 22-6
equity -3.4% of total assets
Liquidity 55=
short-term debt 5.1% · cash 3.6%
Profitability 10-59
return on assets -6.8%
Bankruptcy probability, 12 months

The KBO gives the legal form as “Autonoom gemeentebedrijf”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.

No credit on open account
Liquidity tight (current ratio 1.15, compared with 0.86 in 2024, below the usual 1.5; short-term debt: 5.1% and cash: 3.6% of total assets), and equity is negative.
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Signals

Two signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
232425
2023 to 2025 · latest year -€166,327
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
11 days late
2024
45 days early
2023
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 17 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 16 July (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
23-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Weakest financial yearnet -€337,860
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€166,327 View
  • Caution: From profit to loss in 2025after €16,076 in 2024 -€337,860 View
  • Flemish supportawarded from 2022 to 2025 €424,282 View

By topic

Financials

Financial year
2025
Total assets
€4.9m
Loss
-€337,860
Solvency
-3.4%
Total assets▼ 4.9%
Net result
20232025
Go to Financials

Timeline

Events
4
Since
2024
Next accounts
by 31-07-2027
  1. 15-07-2024Annual accounts filed
Go to Timeline

Company details

Legal form
Autonoom gemeentebedrijf
Founded
19-12-2017
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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