I.V.A.- TEX
ActiveSummary
I.V.A.- TEX has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €69k. Equity is shrinking by ~5.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 33% of 13417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+8
Solvency36▲+36
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
10.5%
Return on assets
214.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
on the day
2023
on the day
2022
on the day
2021
11 d early
2020
30 d late
2019
117 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k
2024 · €-65k
2018: €-41k
2019: €-46k▼ -10.5% vs 2018
2020: €-37k▲ +18.3% vs 2019
2021: €-45k▼ -19.2% vs 2020
2022: €-69k▼ -55.0% vs 2021
2023: €-70k▼ -1.8% vs 2022lowest in 8 years
2024: €-65k▲ +6.9% vs 2023
2025: €3k▲ +105% vs 2024highest in 8 years
2018 → 2025
Total assets
€32k▲ 22.4%
2024 · €26k
2018: €94k
2019: €163k▲ +73.5% vs 2018highest in 8 years
2020: €36k▼ -78.3% vs 2019
2021: €26k▼ -27.1% vs 2020
2022: €11k▼ -56.6% vs 2021lowest in 8 years
2023: €29k▲ +162% vs 2022
2024: €26k▼ -10.8% vs 2023
2025: €32k▲ +22.4% vs 2024
2018 → 2025
Net result
€69k▲ 1,313%
2024 · €5k
2018: €13k
2019: €-4k▼ -134% vs 2018
2020: €8k▲ +293% vs 2019
2021: €-7k▼ -186% vs 2020
2022: €-25k▼ -241% vs 2021lowest in 8 years
2023: €-1k▲ +94.8% vs 2022
2024: €5k▲ +486% vs 2023
2025: €69k▲ +1313% vs 2024highest in 8 years
2018 → 2025
Working capital
€1k
2024 · €-69k
2018: €-40k
2019: €-74k▼ -87.5% vs 2018
2020: €-61k▲ +17.2% vs 2019
2021: €-57k▲ +7.5% vs 2020
2022: €-74k▼ -31.1% vs 2021
2023: €-74k▼ -0.2% vs 2022lowest in 8 years
2024: €-69k▲ +8.0% vs 2023
2025: €1k▲ +102% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-45k-€-69k▼ 55.0%€-70k▼ 1.8%€-65k▲ 6.9%€3k
2021: €-45k
2022: €-69k▼ -55.0% vs 2021
2023: €-70k▼ -1.8% vs 2022lowest in 5 years
2024: €-65k▲ +6.9% vs 2023
2025: €3k▲ +105% vs 2024highest in 5 years
Operating result€-6k-€-24k▼ 312%€-220▲ 99.1%€6k€75k▲ 1,159%
2021: €-6k
2022: €-24k▼ -312% vs 2021lowest in 5 years
2023: €-220▲ +99.1% vs 2022
2024: €6k▲ +2808% vs 2023
2025: €75k▲ +1159% vs 2024highest in 5 years
Net result€-7k-€-25k▼ 241%€-1k▲ 94.8%€5k€69k▲ 1,313%
2021: €-7k
2022: €-25k▼ -241% vs 2021lowest in 5 years
2023: €-1k▲ +94.8% vs 2022
2024: €5k▲ +486% vs 2023
2025: €69k▲ +1313% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 1,159% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32k
Fixed assets
€2k ▼ 36.3%
Current assets
€30k ▲ 30.1%
Equity and liabilities €32k
Equity
€3k
Debt
€29k
Debt finances 89.5% of the balance-sheet total.
Key figures and ratios
EBITDA
€76k▲
2024 · €7k
Cash flow
€70k▲
2024 · €6k
Current ratio
1.05▲
2024 · 0.25
Debt to equity
8.49▲
2024 · -1.40
ROA
214.1%▲
2024 · 18.5%
Interest coverage
17.05▲
2024 · 8.36
Debt ≤ 1 year
€29k▼
2024 · €92k
Income taxes
€2k▲
2024 · €268
Staff costs
€46k▼
2024 · €75k
A ratio outside any meaningful range has been withheld (balance sheet total €32k, equity €3k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€26k€32k▲
Fixed assets21/28€3k€2k▼
Tangible fixed assets22/27€3k€2k▼
Plant, machinery and equipment23€1k€711▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€23k€30k▲
Amounts receivable within one year40/41€10k€24k▲
Trade receivables40€4k€0▼
Other amounts receivable41€7k€24k▲
Cash at bank and in hand54/58€11k€6k▼
Deferred charges and accrued income490/1€2k€112▼
Equity and liabilities
Total equity and liabilities10/49€26k€32k▲
Equity10/15€-65k€3k▲
Contributions10/11€19k€19k=
Reserves13€58k€58k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Distributable reserves133€58k€56k▼
Profit (loss) carried forward14€-142k€-73k▲
Amounts payable17/49€92k€29k▼
Amounts payable within one year42/48€92k€29k▼
Trade debts44€29k€17k▼
Suppliers440/4€29k€17k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€13k€11k▼
Taxes450/3€268€7k▲
Remuneration and social security454/9€13k€4k▼
Other amounts payable47/48€49k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€75k€46k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k=
Other operating charges640/8€3k€11k▲
Gross operating margin9900€85k€133k▲
Operating profit (loss)9901€6k€75k▲
Financial income75/76B€35€71▲
Recurring financial income75€35€71▲
Financial charges65/66B€845€4k▲
Recurring financial charges65€845€4k▲
Profit (loss) for the period before taxes9903€5k€70k▲
Income taxes67/77€268€2k▲
Profit (loss) for the period9904€5k€69k▲
Profit (loss) for the period to be appropriated9905€5k€69k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-142k€-73k▲
Profit (loss) brought forward from the previous period14P€-147k€-142k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €13k | €68k | €81k | €75k | €46k | ▼ 39.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €10k | €1k | €1k | €1k | = |
| Other operating charges640/8 | €2k | €2k | €2k | €3k | €11k | ▲ 265% |
| Gross operating margin9900 | €21k | €56k | €83k | €85k | €133k | ▲ 55.6% |
| Operating profit (loss)9901 | €-6k | €-24k | €-220 | €6k | €75k | ▲ 1,159% |
| Financial income75/76B | €4 | €20 | €137 | €35 | €71 | ▲ 102% |
| Recurring financial income75 | €4 | €20 | €137 | €35 | €71 | ▲ 102% |
| Financial charges65/66B | €1k | €560 | €922 | €845 | €4k | ▲ 427% |
| Recurring financial charges65 | €1k | €560 | €922 | €845 | €4k | ▲ 427% |
| Profit (loss) for the period before taxes9903 | €-7k | €-24k | €-1k | €5k | €70k | ▲ 1,272% |
| Income taxes67/77 | €241 | €255 | €258 | €268 | €2k | ▲ 519% |
| Profit (loss) for the period9904 | €-7k | €-25k | €-1k | €5k | €69k | ▲ 1,313% |
| Profit (loss) for the period to be appropriated9905 | €-7k | €-25k | €-1k | €5k | €69k | ▲ 1,313% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €26k | €11k | €29k | €26k | €32k | ▲ 22.4% |
| Fixed assets21/28 | €12k | €5k | €4k | €3k | €2k | ▼ 36.3% |
| Tangible fixed assets22/27 | €12k | €5k | €4k | €3k | €2k | ▼ 36.3% |
| Plant, machinery and equipment23 | €2k | €2k | €2k | €1k | €711 | ▼ 36.3% |
| Furniture and vehicles24 | €10k | €3k | €3k | €2k | €1k | ▼ 36.3% |
| Current assets29/58 | €14k | €6k | €25k | €23k | €30k | ▲ 30.1% |
| Amounts receivable within one year40/41 | €4k | €2k | €13k | €10k | €24k | ▲ 128% |
| Trade receivables40 | - | - | €12k | €4k | €0 | ▼ 100% |
| Other amounts receivable41 | €4k | €2k | €2k | €7k | €24k | ▲ 244% |
| Cash at bank and in hand54/58 | €9k | €4k | €10k | €11k | €6k | ▼ 41.9% |
| Deferred charges and accrued income490/1 | - | - | €2k | €2k | €112 | ▼ 94.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €26k | €11k | €29k | €26k | €32k | ▲ 22.4% |
| Equity10/15 | €-45k | €-69k | €-70k | €-65k | €3k | ▲ 105% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €58k | €58k | €58k | €58k | €58k | = |
| Non-distributable reserves130/1 | - | - | - | - | €2k | - |
| Reserves not available under the articles1311 | - | - | - | - | €2k | - |
| Distributable reserves133 | €58k | €58k | €58k | €58k | €56k | ▼ 3.2% |
| Profit (loss) carried forward14 | €-121k | €-146k | €-147k | €-142k | €-73k | ▲ 48.4% |
| Amounts payable17/49 | €70k | €80k | €100k | €92k | €29k | ▼ 68.6% |
| Amounts payable within one year42/48 | €70k | €80k | €100k | €92k | €29k | ▼ 68.6% |
| Trade debts44 | €22k | €37k | €37k | €29k | €17k | ▼ 41.1% |
| Suppliers440/4 | €22k | €37k | €37k | €29k | €17k | ▼ 41.1% |
| Advances received on contracts in progress46 | - | - | €13k | €0 | - | - |
| Taxes, remuneration and social security45 | €4k | €8k | €23k | €13k | €11k | ▼ 13.3% |
| Taxes450/3 | €729 | €522 | €11k | €268 | €7k | ▲ 2,685% |
| Remuneration and social security454/9 | €3k | €7k | €12k | €13k | €4k | ▼ 69.2% |
| Other amounts payable47/48 | €45k | €36k | €26k | €49k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-7k | €-25k | €-1k | €5k | €69k | ▲ 1,313% |
| + Depreciation and write-downs630 | €12k | €10k | €1k | €1k | €1k | = |
| Operating cash flow (approximation) | €5k | €-14k | €-147 | €6k | €70k | ▲ 1,068% |
| Investment in fixed assets (approximation) | - | €-4k | €0 | €0 | €0 | - |
| Change in cash | - | €-5k | €6k | €704 | €-4k | ▼ 728% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €69k ▲1,313%
Operating result €75k, net result €69k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 1.05
Current ratio from 0.25 to 1.05; short-term debt falls from €92k to €29k.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €5k
Net result €5k after 3 loss-making years.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-25k
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 117 days late
Show earlier events
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Gent · 1 establishment unit since 1993
Ground area
125 m²
Building footprint
80 m²
Volume, LiDAR
1,152 m³
Parcel 44021A1041/00B000, Flanders · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rodelijvekensstraat 1, 9000 Gent
since 19932.061.781.817
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44021A1041/00B000 | Flanders | 125 m² | 1 · 80 m² | 16.7 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteGent2.061.781.817
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Of 20,495 companies in sector 56111 we hold annual accounts for 11,462. 4,022 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded25-03-1993
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Scores and ratios are computed by Checked and are not a credit decision.