Skip to content

I FIRE

Active Private limited companyfounded 1993active for 33 yearsNieuwe Steenweg 12, 9810 NazarethKBO/BCE: BE 0449.118.215 subsidiary of GROUP BONTEMPS

Lifetime

19 annual accounts with figures on one time axis, 32 filings since 1993
peak €290,212 (2022)
€79,831▲ 28.4%
lowest -€166,768 (2017)
€2,965▼ 38.6%
peak €290,476 (2025)
€290,476▲ 1.0%
€920,598▲ 0.4%
Board1 name since 2010
1 directorGroup Bontemps
Owners2 names in the annual accounts
  
Documentsfilings and deeds
30-01-20261 days before the deadline
2025abbreviated format
Gross margin from €62,166 to €79,831Result from €4,833 to €2,965Cash from €4,636 to €13,476

Key points

from the 2025 annual accounts

Equity

€290,476 ▲ 1.0%

I FIRE has made a profit without a break since 2020.

Turnover

≈ €460,000 estimated

The accounts state no turnover.

Debts

€920,598 76% of the balance sheet
Suppliers 31%Taxes and wages 2%Other 68%

Of this, €902,481 falls due within a year.

Investments

€97,463 1.7 × depreciation
2022202320242025

Green is investment, beige is depreciation.

Filings

32 annual accounts since 1993
deadline200020102020

Four of the last ten came late. The 2017 accounts came latest: 28 days after the end of the period.

Checked score

90
Excellent
Financially stronger than 33% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.4% across 26,895 companies (NACE 46, micro).

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024 02-2025: 0.1%▼ -0.2 percentage points vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.2%▲ +0.1 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.3%▲ +0.1 percentage points vs 12-2025 02-2026: 0.6%▲ +0.3 percentage points vs 01-2026highest value 03-2026: 0.1%▼ -0.5 percentage points vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Weak

49=equity 24.0% of total assets
11+1short-term debt 74.5% · cash 1.1%
52+5return on assets 0.2%

Score breakdown

raises risk
Liquidity: current ratio 1.12, cash €13,476
lowers risk
Size: total assets €1.2m
Founded in 1993
Figures for financial year 2025 (filed on 05-02-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 35% of them on solvency, 12% on liquidity, 40% on profitability and 45% on growth.

The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 4,685 companies had the same profile as I FIRE has now. Each dot stands for 12 companies, two years later.

97.0%
were still trading
1.9%
stopped another way
1.1%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of I FIRE itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 4,685 companies, not a prediction for I FIRE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €25,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.12 (1.17 in 2024), below the usual 1.5. Short-term debt is 74.5% and cash 1.1% of total assets. 76% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1993
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.12, cash €13,476
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 05-02-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
4 days early
2023
1 day early
2022
on the day
2021
on the day
2020
1 day late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 30 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end07-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GB
Director, Geoffrey Bontemps, since 05-07-2010
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0449118215
1 manager resigning, 1 director reappointed Resignation: GROUP BONTEMPS (manager) · Reappointment: GROUP BONTEMPS (director) · Permanent representative: Geoffrey Bontemps · Gazette deed
First establishment IFIRE, Nieuwe Steenweg 12, Nazareth
Incorporation published on 27-01-1993 · Gazette deed
All 45 events

Comparable companies

same main activity, similar in size and age
Company
I FIRE Nazareth €1.2m €79,831 24.0% -
CORVELYN Aalter €1.5m €121,260 95.2% -
HOUTHANDEL VAN BRUYSSEL Lokeren €1.4m €76,928 92.5% 1.1
JARANDI Antwerp €0.9m €75,045 64.4% -
HOUTHANDEL N. DE VREESE Hooglede €1.8m €81,235 21.1% -
INFRA - WOOD Kapellen €0.9m €110,423 52.3% 0.3
IMMO VERELLEN Leopoldsburg €0.9m €100,442 71.5% -

These companies have the same main activity as I FIRE: wholesale of timber (NACE 46832). They are comparable in size and age: total assets between €864,000 and €1.8m, founded between 1984 and 1996.

Official details

Source: KBO
Status
Active since 11-01-1993Normal situation
Activity
Wholesale of timberNACE 46832
Establishment unit
2.060.526.0629810 Nazareth, since 22-01-1993
Financial year end
30 June
Peppol
Reachable since 21-10-2026
Company details

Annual accounts to 30-06-2025

€1.2m▲ 0.5%
Filing
Filed on 30-01-2026, 1 day before the end of the filing period
Financials

Insights on I FIRE

I FIRE files the abbreviated format. That format states no turnover. The gross margin rose from €23,478 in 2006 to €79,831 in 2025.

GROUP BONTEMPS holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about I FIRE

What is the company number of I FIRE?
The company number of I FIRE is 0449.118.215. The VAT number is the same number with BE in front: BE 0449.118.215.
Where is I FIRE based?
The registered office is at Nieuwe Steenweg 12, 9810 Nazareth.Company details
What does I FIRE do?
According to the KBO register, the main activity is wholesale of timber (NACE 46832).
What is the legal form of I FIRE?
I FIRE is a private limited company (BV).
When was I FIRE founded?
I FIRE was founded on 11-01-1993.
Is I FIRE still active?
Yes, I FIRE is an active enterprise in the KBO register.
What is the turnover of I FIRE?
The turnover in financial year 2025 is ≈ €460,000. This figure is estimated from the gross margin of €79,831 and 67 comparable companies (NACE 46). It probably lies between €170,000 and €1.2m.Financials
Is I FIRE profitable?
In financial year 2025, I FIRE made a profit of €2,965.
Where can I find the annual accounts of I FIRE?
I FIRE filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of I FIRE due?
I FIRE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.