I-GS
ActiveThe computed 12-month bankruptcy probability of I-GS is 1.9% (moderate). The 2024 annual accounts show equity of €39k and a net result of €9k. Its solvency ranks better than 89% of 1330 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability93▼-7
Solvency100▲+14
Growth52
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.74 against 0.68 in 2023; short-term debt: 18.7% and cash: 28.9% of total assets), and 18.7% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
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 2024Solvency, return and age of the figures
Solvency
81.3%
Return on assets
19.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-07-2025, 26 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
26 d early
2023
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€39k▲ 31.1%
2023 · €29k
2023: €29k
2023 → 2024
Total assets
€47k▼ 0.9%
2023 · €48k
2023: €48k
2023 → 2024
Net result
€9k▼ 66.0%
2023 · €27k
2023: €27k
2023 → 2024
Working capital
€15k
2023 · €-6k
2023: €-6k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€29k-€39k▲ 31.1%
Operating result€37k-€16k▼ 57.9%
Net result€27k-€9k▼ 66.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 58% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €47k
Fixed assets
€23k▼ 34.4%
Current assets
€24k▲ 92.8%
Equity and liabilities €47k
Equity
€39k▲ 31.1%
Debt
€9k▼ 52.0%
The debt ratio falls from 38.6% to 18.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€28k▼
2023 · €45k
Cash flow
€21k▼
2023 · €35k
Solvency
81.3%▲
2023 · 61.4%
Current ratio
2.74▲
2023 · 0.68
Quick ratio
2.74▲
2023 · 0.68
Debt / equity
0.23▼
2023 · 0.63
ROE
23.7%▼
2023 · 91.5%
ROA
19.3%▼
2023 · 56.2%
Interest coverage
51.27▼
2023 · 3624.79
Debt
€9k▼
2023 · €18k
Debt ≤ 1 year
€9k▼
2023 · €18k
Income taxes
€6k▼
2023 · €10k
Staff costs
€29k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€48k€47k▼
Fixed assets21/28€35k€23k▼
Tangible fixed assets22/27€35k€23k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€33k€21k▼
Current assets29/58€13k€24k▲
Amounts receivable within one year40/41€6k€8k▲
Trade receivables40-€2k
Other amounts receivable41€6k€6k▼
Cash at bank and in hand54/58€6k€14k▲
Deferred charges and accrued income490/1-€3k
Equity and liabilities
Total equity and liabilities10/49€48k€47k▼
Equity10/15€29k€39k▲
Contributions10/11€3k€3k=
Outside capital11€3k€3k=
Other1109/19€3k€3k=
Reserves13€15k€24k▲
Distributable reserves133€15k€24k▲
Profit (loss) carried forward14€12k€12k▲
Amounts payable17/49€18k€9k▼
Amounts payable within one year42/48€18k€9k▼
Trade debts44€6k€4k▼
Suppliers440/4€6k€4k▼
Taxes, remuneration and social security45€12k€5k▼
Taxes450/3€11k€3k▼
Remuneration and social security454/9€2k€2k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€29k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€12k▲
Other operating charges640/8€1k€942▼
Gross operating margin9900€46k€57k▲
Operating profit (loss)9901€37k€16k▼
Financial income75/76B€203€3▼
Recurring financial income75€203€3▼
Financial charges65/66B€12€540▲
Recurring financial charges65€12€540▲
Profit (loss) for the period before taxes9903€37k€15k▼
Income taxes67/77€10k€6k▼
Profit (loss) for the period9904€27k€9k▼
Profit (loss) for the period to be appropriated9905€27k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€27k€21k▼
Profit (loss) brought forward from the previous period14P-€12k
Transfer to equity691/2€15k€9k▼
To other reserves6921€15k€9k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity quadruplescurrent ratio 2.74
Current ratio from 0.68 to 2.74; short-term debt falls from €18k to €9k.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Hamme (Vl.) · 1 establishment unit since 2023
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.
Loystraat 879220 Hamme (Vl.)Ground area
199 m²
Building footprint
79 m²
Volume, LiDAR
460 m³
Parcel 42008A1606/00P002, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
I-GS
since 20232.340.261.095
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42008A1606/00P002 | Flanders | 199 m² | 1 · 79 m² | 9.3 m · 2 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.
Similar companies · same sector, comparable size
EXTERNUS
BE 0872.074.243
Zoutleeuw · Eq €39k
Sem Infra
BE 0743.657.725
Gent · Eq €39k
BESTRATINGEN GEBR. LAMBERTS
BE 0477.966.213
Brecht · Eq €38k
Sneyders grond- en wegenwerken
BE 1016.035.408
Beerse · Eq €39k
MIKOS CONSTRUCTION
BE 0760.768.030
Wezembeek-Oppem · Eq €40k
Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 627 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-01-2023
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
41001General construction of residential buildings
41003General construction of other non-residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.