Equity
-€749,443
Debts exceed assets in financial year 2025.
I2Coach
Lifetime
9 annual accounts with figures on one time axispeak €885,110 (2018)
€288,961▲ €352,681
lowest -€528,070 (2024)
-€7,207▲ €520,863
peak €154,735 (2021)
-€749,443▼ €7,207
€1.4m▲ 57.0%
peak 14.3 FTE (2018)
4.1 FTE▼ 28.1%
Board6 names since 2020
1 directorCALLexcell
Owners
Documentsfilings and deeds
03-07-202628 days before the deadline
2025financial year
Gross margin from -€63,720 to €288,961Loss of €7,207Staff from 5.7 FTE to 4.1 FTEDebts from €911,198 to €1.4mCash from €32,906 to €66,180
Key points
from the 2025 annual accountsLosses
-€904,178 in four years
Every financial year from 2022 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€1.4m 210% of the balance sheet
Suppliers 29%Taxes and wages 3%Other 68%
Of this, €1.4m falls due within a year.
Staff
4.1 FTE from 14.3 in 2018
Between 2018 and 2025, 71% of the full-time equivalents disappeared.
Liquidity
0.48 was 1.52 in 2024
Short-term debts rose from €108,982 to €1.4m.
Position in the sector
-110.0%
Lower solvency than 95% of companies in head offices and management consultancy. Sector median 53.3% · 3,873 companies.
Net result +99%: other schema
Checked score
53
Fair
Financially stronger than 15% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 1.5% to 4.2%
Negative equity caps the score at 59.
Bankruptcy probability within 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.2%▼ -0.1 percentage points vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.3%▲ +0.1 percentage points vs 06-2025
08-2025: 1.5%▲ +0.2 percentage points vs 07-2025
09-2025: 2.0%▲ +0.5 percentage points vs 08-2025highest value
10-2025: 2.0%● unchanged vs 09-2025highest value
11-2025: 2.0%● unchanged vs 10-2025highest value
12-2025: 2.0%● unchanged vs 11-2025highest value
01-2026: 2.0%● unchanged vs 12-2025highest value
02-2026: 2.0%● unchanged vs 01-2026highest value
03-2026: 1.9%▼ -0.1 percentage points vs 02-2026
04-2026: 1.9%● unchanged vs 03-2026
05-2026: 1.8%▼ -0.1 percentage points vs 04-2026
06-2026: 1.8%● unchanged vs 05-2026
07-2026: 1.9%▲ +0.1 percentage points vs 06-2026
08-2026: 0.7%▼ -1.2 percentage points vs 07-2026lowest value
09-2026: 0.7%● unchanged vs 08-2026lowest value
10-2026: 0.7%● unchanged vs 09-2026lowest value
11-2026: 0.7%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: negative equity
Negative equity -€749,443
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Legal form: public limited company
Founded in 2016
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 70, micro). It does better than 3% of them on solvency, 6% on liquidity, 14% on profitability and 37% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% 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, 2,333 companies had the same profile as I2Coach has now. Each dot stands for 6 companies, two years later.
90.5%
were still trading
5.8%
stopped another way
2.8%
went bankrupt
Another 0.8% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of I2Coach itself: 0.7% 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.
| 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 2,333 companies, not a prediction for I2Coach. 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
No credit on open account
Liquidity is insufficient, with a current ratio of 0.48 (1.52 in 2024), below 1. Short-term debt is 207.3% and cash 9.7% of total assets. Equity is negative.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€749,443
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 03-07-2026, 28 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
28 days early
2024
29 days late
2023
26 days early
2022
14 days early
2021
26 days early
2020
23 days late
2019
31 days early
← 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 10 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed 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 6 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0649445286
New managing director
CALLexcell appointed, Duchatelet Roland resigned · Permanent representatives: De Turck Lieven Juliaan Jozef Dirk and MEIRE Katrien Stefanie · General meeting of 26-03-2024 · Gazette deed
2 directors appointed, 2 resignations
Resignations: CCX bv (managing director) and Immo Van De Velde nv (managing director) · Permanent representatives: Karin Van De Velde, Eric Van De Velde and Lieven De Turck · Appointments: Roland Duchatelet (managing director) and Callexcell nv · General meeting of 14-04-2022 · Gazette deed
2 directors appointed, 1 resignation, 1 reappointment
Resignation: 12C BV (managing director) · Permanent representatives: Christel Pletinckx, Eric Van De Velde and Karin Van De Velde · Appointments: Roland Duchatelet and IMMO VAN DE VELDE NV (managing director) · General meeting of 08-04-2020 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| I2Coach Sint-Truiden | €681,354 | €288,961 | -110.0% | 4.1 |
| VISIAX Schoten | €651,819 | €331,087 | 70.2% | 4.1 |
| ECCO NOVA Liège | €832,141 | €331,923 | 77.4% | 3.7 |
| HAYNAULT Uccle | €584,887 | €300,187 | 12.3% | 3.1 |
| KUBUS Hasselt | €626,584 | €297,906 | 28.8% | 2.7 |
| Delta Healthcare Consulting Willebroek | €581,435 | €326,902 | 75.7% | 4.2 |
| Impact, Public Sector Advisors Brussels | €540,671 | €323,219 | 55.7% | 3.4 |
These companies have the same main activity as I2Coach: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €541,000 and €832,000, founded between 2013 and 2017.
Official details
Source: KBO- Status
- Active since 26-02-2016Normal situation
- Registered office
- 67 active companies are registered at this address2 started in the 12 months before. Source: KBO register, as of 9 November 2026.
- Activity
- Business and other management consultancyNACE 70200and 2 others
- Establishment unit
- 2.251.046.6333800 Sint-Truiden, since 26-02-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Annual accounts 2025
- ≈ €440,000estimated
- €681,354▲ 303%
- Employeeson 31-12-2025
- 4▼ 33.3%
- Filing
- Filed on 03-07-2026, 28 days before the end of the filing period
Insights on I2Coach
I2Coach has existed since 2016. In 2018 the gross margin rose from €287,323 to €885,110 and staff from 7.5 to 14.3 full-time equivalents.
Solvency rose in 2025 from -439.3% to -110.0%.
ELEX holds all the shares. In April 2024, the Official Gazette published the appointment of CALLexcell as managing director.
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 I2Coach
- What is the company number of I2Coach?
- The company number of I2Coach is 0649.445.286. The VAT number is the same number with BE in front: BE 0649.445.286.
- Where is I2Coach based?
- The registered office is at Tiensesteenweg 168, 3800 Sint-Truiden.Company details
- What does I2Coach do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of I2Coach?
- I2Coach is a public limited company (NV).
- When was I2Coach founded?
- I2Coach was founded on 26-02-2016.
- Is I2Coach still active?
- Yes, I2Coach is an active enterprise in the KBO register.
- How many employees does I2Coach have?
- I2Coach had an average of 4.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of I2Coach?
- The turnover in financial year 2025 is ≈ €440,000. This figure is estimated from the gross margin of €288,961 and 74 comparable companies (NACE 70200). It probably lies between €340,000 and €800,000.
- Is I2Coach profitable?
- In financial year 2025, I2Coach made a loss of €7,207.
- Where can I find the annual accounts of I2Coach?
- I2Coach filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of I2Coach due?
- I2Coach must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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