I.G. BUILD SERVICES
ActiveI.G. BUILD SERVICES has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €46k and a net result of €-17k. Equity is shrinking by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 35% of 27711 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
47
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability28▼-42
Solvency59=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.09 in 2024; short-term debt: 55.8% and cash: 14.2% of total assets), and 66.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.6%
Return on assets
-12.2%
Age of the figures
15 mo
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 29-01-2026, 2 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
7 d early
2022
on the day
2021
52 d early
2020
312 d late
2019
678 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close22-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€46k▼ 26.6%
2024 · €62k
2019: €80k
2020: €97k
2021: €87k
2022: €44k
2023: €61k
2024: €62k
2019 → 2025
Total assets
€136k▼ 26.5%
2024 · €185k
2019: €159k
2020: €169k
2021: €140k
2022: €128k
2023: €147k
2024: €185k
2019 → 2025
Net result
€-17k
2024 · €2k
2019: €45k
2020: €17k
2021: €-10k
2022: €-44k
2023: €17k
2024: €2k
2019 → 2025
Working capital
€5k▼ 45.8%
2024 · €9k
2019: €74k
2020: €89k
2021: €89k
2022: €22k
2023: €51k
2024: €9k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€87k-€44k▼ 49.8%€61k▲ 38.2%€62k▲ 2.8%€46k▼ 26.6%
Operating result€12k-€-17k€4k€770▼ 79.6%€-15k
Net result€-10k-€-44k▼ 356%€17k€2k▼ 89.9%€-17k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €15k after €770 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €136k
Fixed assets
€55k▼ 21.6%
Current assets
€81k▼ 26.6%
Equity and liabilities €136k
Equity
€46k▼ 26.6%
Debt
€90k▼ 26.5%
The debt ratio stays at 66.4%.
Key figures and ratios
EBITDA
€5k▼
2024 · €9k
Cash flow
€3k▼
2024 · €10k
Solvency
33.6%▼
2024 · 33.7%
Current ratio
1.07▼
2024 · 1.09
Quick ratio
1.07▼
2024 · 1.09
Debt / equity
1.97▲
2024 · 1.97
ROE
-36.3%▼
2024 · 2.7%
ROA
-12.2%▼
2024 · 0.9%
Interest coverage
2.96▼
2024 · 10.43
Debt
€90k▼
2024 · €123k
Debt ≤ 1 year
€76k▼
2024 · €101k
Debt > 1 year
€14k▼
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€185k€136k▼
Formation expenses20€5k-
Fixed assets21/28€70k€55k▼
Tangible fixed assets22/27€70k€55k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€68k€54k▼
Current assets29/58€110k€81k▼
Amounts receivable within one year40/41€61k€59k▼
Trade receivables40€57k€58k▲
Other amounts receivable41€3k€656▼
Cash at bank and in hand54/58€47k€19k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€185k€136k▼
Equity10/15€62k€46k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€56k€40k▼
Amounts payable17/49€123k€90k▼
Amounts payable after more than one year17€22k€14k▼
Financial debts170/4€22k€14k▼
Amounts payable within one year42/48€101k€76k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Trade debts44€55k€52k▼
Suppliers440/4€55k€52k▼
Taxes, remuneration and social security45€8k€2k▼
Taxes450/3€8k-
Remuneration and social security454/9-€2k
Other amounts payable47/48€31k€14k▼
Income statement
Code20242025
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€20k▲
Other operating charges640/8€939€1k▲
Gross operating margin9900€10k€6k▼
Operating profit (loss)9901€770€-15k▼
Financial income75/76B€2k€15▼
Recurring financial income75€2k€15▼
Financial charges65/66B€879€2k▲
Recurring financial charges65€879€2k▲
Profit (loss) for the period before taxes9903€2k€-17k▼
Profit (loss) for the period9904€2k€-17k▼
Profit (loss) for the period to be appropriated9905€2k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€40k▼
Profit (loss) brought forward from the previous period14P€55k€56k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €17k
Net result €17k after 2 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
2021
10-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
09-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 312 days late
09-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 678 days late
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 49 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Truiden · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wilderenlaan 1103803 Sint-TruidenGround area
2,723 m²
Building footprint
261 m²
Volume, LiDAR
1,285 m³
Parcel 71061B0234/00W000, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
I.G. BUILD SERVICES
since 20162.249.486.616
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71061B0234/00W000 | Flanders | 2,723 m² | 1 · 261 m² | 10.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
4 categoriesI.G. BUILD SERVICES BV44606
Similar companies · same sector, comparable size
LC-DECOR
BE 0781.885.722
Brakel · Eq €46k
ELLY CONSTRUCT
BE 0740.687.446
Dilbeek · Eq €46k
Norbouw
BE 0597.794.766
Knokke-Heist · Eq €46k
BOUWONDERNEMING PETER LYSSENS
BE 0479.757.842
Beveren-Kruibeke-Zwijndrecht · Eq €46k
A.B.D SERVICES
BE 0550.771.542
Sint-Jans-Molenbeek · Eq €46k
Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 6,041 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-01-2016
Fiscal year end30-06
Activities, NACEBEL
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.