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I2E Solution

Active
Private limited companyfounded 2021active for 5 yearsKlapstraat 6, 3520 Zonhoven, BelgiumKBO/BCE: BE 0773.444.049
Summary

I2E Solution has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,195 and a net result of €18,328. Equity is growing by about 26% per year across the filed financial years. Its solvency ranks better than 38% of 34,483 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (low).

Overview

Activity
Other specialised construction activities
NACE 43990
1 site
Size
€157,266total assets 2025
Equity
€56,195
Profit
€18,328
Turnover not published (micro format)
Financial health
65 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.4%
Structure
Accounts 46 days early0 of 1 deed read
Why 65raises riskFounded in 2021Size: total assets €157,266Sector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed 15-06-2026)Show the evidence

Checked score

Score 2025
65 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 56% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 61+7
equity 35.7% of total assets
Liquidity 47+7
short-term debt 31.7% · cash 8.4%
Profitability 83+68
return on assets 11.7%
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,581 companies, NACE 43, micro)
Last 24 months 11-2024: 2.2% 12-2024: 2.2%● unchanged vs 11-2024 01-2025: 2.2%● unchanged vs 12-2024 02-2025: 2.2%● unchanged vs 01-2025 03-2025: 2.2%● unchanged vs 02-2025 04-2025: 2.3%▲ +0.1 percentage points vs 03-2025 05-2025: 2.0%▼ -0.3 percentage points vs 04-2025 06-2025: 2.0%● unchanged vs 05-2025 07-2025: 2.1%▲ +0.1 percentage points vs 06-2025 08-2025: 2.8%▲ +0.7 percentage points vs 07-2025highest value 09-2025: 2.1%▼ -0.7 percentage points vs 08-2025 10-2025: 2.1%● unchanged vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.1%● unchanged vs 11-2025 01-2026: 2.1%● unchanged vs 12-2025 02-2026: 2.1%● unchanged vs 01-2026 03-2026: 2.1%● unchanged vs 02-2026 04-2026: 2.3%▲ +0.2 percentage points vs 03-2026 05-2026: 2.4%▲ +0.1 percentage points vs 04-2026 06-2026: 2.4%● unchanged vs 05-2026 07-2026: 1.4%▼ -1.0 percentage point vs 06-2026 08-2026: 1.4%● unchanged vs 07-2026 09-2026: 1.4%● unchanged vs 08-2026 10-2026: 1.4%● unchanged vs 09-2026lowest value
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.75, compared with 0.07 in 2024, below 1; short-term debt: 31.7% and cash: 8.4% of total assets), and 64.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 38% on solvency, 38% on liquidity, 66% on profitability and 82% on growth.

The bankruptcy probability was computed on 19-10-2026 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.

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

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2021
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €157,266
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
lowers risk · Figures for financial year 2025 (filed 15-06-2026)
NBB · annual accounts
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 15-06-2026, 46 days ahead of the deadline.
NBB · 4 filings
Deviation from the deadline
2025
46 days early
2024
25 days late
2023
20 days late
2022
23 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 6 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 22 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
20-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Back to profitnet €18,328
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€56,195▲ 48.4%
2024 · €37,867
Total assets
€157,266▲ 19.9%
2024 · €131,160
Net result
€18,328
2024 · -€11,420
Working capital
-€12,641▲ 65.9%
2024 · -€37,101
Trend over the years

2022 to 2025, 4 financial years

The operating result returns to profit in 2025: €23,415 after a loss of €8,878 in 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€23,415 2025 Net result€18,328 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2022202320242025
Operating result€30,615-€35,349▲ 15.5%-€8,878€23,415
Net result€23,422within the sector's middle half-€23,865within the sector's middle half▲ 1.9%-€11,420below the sector's middle half€18,328within the sector's middle half
Equity€25,422within the sector's middle half-€49,287within the sector's middle half▲ 93.9%€37,867within the sector's middle half▼ 23.2%€56,195within the sector's middle half▲ 48.4%
Total assets€174,215within the sector's middle half-€150,745within the sector's middle half▼ 13.5%€131,160within the sector's middle half▼ 13.0%€157,266within the sector's middle half▲ 19.9%
Debt€148,794-€101,459▼ 31.8%€93,294▼ 8.0%€101,071▲ 8.3%
Working capital-€6,097below the sector's middle half--€34,471below the sector's middle half▼ 465%-€37,101below the sector's middle half▼ 7.6%-€12,641below the sector's middle half▲ 65.9%
Solvency14.6%below the sector's middle half-32.7%within the sector's middle half▲ 18.1pp28.9%within the sector's middle half▼ 3.8pp35.7%within the sector's middle half▲ 6.9pp
Current ratio0.82below the sector's middle half-0.25below the sector's middle half▼ 0.570.07below the sector's middle half▼ 0.180.75below the sector's middle half▲ 0.68
Return on assets (ROA)13.4%within the sector's middle half-15.8%within the sector's middle half▲ 2.4pp-8.7%below the sector's middle half▼ 24.5pp11.7%within the sector's middle half▲ 20.4pp
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €157,266
Fixed assets €120,011 ▼ 6.5%
Current assets €37,255 ▲ 1,246%
Equity and liabilities €157,266
Equity €56,195 ▲ 48.4%
Debt €101,071 ▲ 8.3%
Debt's share of the balance-sheet total falls from 71.1% to 64.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€32,147▲
2024 · €2,074
Cash flow
€27,061▲
2024 · -€469
Debt to equity
1.80▼
2024 · 2.46
ROE
32.6%▲
2024 · -30.2%
Interest coverage
12.51▲
2024 · 0.82
Debt ≤ 1 year
€49,896▲
2024 · €39,868
Debt > 1 year
€51,175▼
2024 · €53,426
Income taxes
€2,521
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€131,160€157,266▲
Fixed assets21/28€128,393€120,011▼
Tangible fixed assets22/27€128,393€120,011▼
Land and buildings22€126,127€119,027▼
Plant, machinery and equipment23€2,029€984▼
Furniture and vehicles24€237€0▼
Current assets29/58€2,767€37,255▲
Amounts receivable within one year40/41€198€21,888▲
Trade receivables40-€21,780
Other amounts receivable41€198€108▼
Cash at bank and in hand54/58€2,569€13,156▲
Deferred charges and accrued income490/1-€2,211
Equity and liabilities
Total equity and liabilities10/49€131,160€157,266▲
Equity10/15€37,867€56,195▲
Contributions10/11€2,000€2,000=
Reserves13€47,287€54,195▲
Distributable reserves133€47,287€54,195▲
Profit (loss) carried forward14-€11,420-
Amounts payable17/49€93,294€101,071▲
Amounts payable after more than one year17€53,426€51,175▼
Financial debts170/4€53,426€51,175▼
Amounts payable within one year42/48€39,868€49,896▲
Current portion of amounts payable after more than one year42€2,337€2,434▲
Trade debts44€963€1,538▲
Suppliers440/4€963€1,538▲
Taxes, remuneration and social security45€6,016€8,659▲
Taxes450/3€6,016€8,659▲
Other amounts payable47/48€30,552€37,265▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,951€8,732▼
Other operating charges640/8€989€1,000▲
Gross operating margin9900€3,062€33,148▲
Operating profit (loss)9901-€8,878€23,415▲
Financial income75/76B€0€5▲
Recurring financial income75€0€5▲
Financial charges65/66B€2,543€2,570▲
Recurring financial charges65€2,543€2,570▲
Profit (loss) for the period before taxes9903-€11,420€20,850▲
Income taxes67/77-€2,521
Profit (loss) for the period9904-€11,420€18,328▲
Profit (loss) for the period to be appropriated9905-€11,420€18,328▲
Appropriation of the result
Profit (loss) to be appropriated9906-€11,420€6,908▲
Profit (loss) brought forward from the previous period14P--€11,420
Transfer to equity691/2-€6,908
To other reserves6921-€6,908

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,366€10,609€10,951€8,732▼ 20.3%
Other operating charges640/8€62€566€989€1,000▲ 1.2%
Gross operating margin9900€35,043€46,524€3,062€33,148▲ 982%
Operating profit (loss)9901€30,615€35,349-€8,878€23,415-
Financial income75/76B€0€8€0€5▲ 49,900%
Recurring financial income75€0€8€0€5▲ 49,900%
Financial charges65/66B€1,160€5,475€2,543€2,570▲ 1.1%
Recurring financial charges65€1,160€5,475€2,543€2,570▲ 1.1%
Profit (loss) for the period before taxes9903€29,455€29,881-€11,420€20,850-
Income taxes67/77€6,034€6,016-€2,521-
Profit (loss) for the period9904€23,422€23,865-€11,420€18,328-
Profit (loss) for the period to be appropriated9905€23,422€23,865-€11,420€18,328-
Line2022202320242025Change
Assets
Total assets20/58€174,215€150,745€131,160€157,266▲ 19.9%
Fixed assets21/28€146,550€139,345€128,393€120,011▼ 6.5%
Tangible fixed assets22/27€146,550€139,345€128,393€120,011▼ 6.5%
Land and buildings22€140,327€133,227€126,127€119,027▼ 5.6%
Plant, machinery and equipment23€1,946€3,910€2,029€984▼ 51.5%
Furniture and vehicles24€4,276€2,207€237€0▼ 100%
Current assets29/58€27,666€11,401€2,767€37,255▲ 1,246%
Amounts receivable within one year40/41€5,513€408€198€21,888▲ 10,982%
Trade receivables40€4,708€75-€21,780-
Other amounts receivable41€806€333€198€108▼ 45.3%
Cash at bank and in hand54/58€22,152€10,993€2,569€13,156▲ 412%
Deferred charges and accrued income490/1---€2,211-
Equity and liabilities
Total equity and liabilities10/49€174,215€150,745€131,160€157,266▲ 19.9%
Equity10/15€25,422€49,287€37,867€56,195▲ 48.4%
Contributions10/11€2,000€2,000€2,000€2,000=
Reserves13€23,422€47,287€47,287€54,195▲ 14.6%
Distributable reserves133€23,422€47,287€47,287€54,195▲ 14.6%
Profit (loss) carried forward14---€11,420--
Amounts payable17/49€148,794€101,459€93,294€101,071▲ 8.3%
Amounts payable after more than one year17€115,031€55,587€53,426€51,175▼ 4.2%
Financial debts170/4€115,031€55,587€53,426€51,175▼ 4.2%
Amounts payable within one year42/48€33,763€45,872€39,868€49,896▲ 25.2%
Current portion of amounts payable after more than one year42€5,969€2,243€2,337€2,434▲ 4.2%
Trade debts44-€165€963€1,538▲ 59.7%
Suppliers440/4-€165€963€1,538▲ 59.7%
Taxes, remuneration and social security45€6,034€12,951€6,016€8,659▲ 43.9%
Taxes450/3€6,034€12,951€6,016€8,659▲ 43.9%
Other amounts payable47/48€21,760€30,514€30,552€37,265▲ 22.0%
Line2022202320242025Change
Profit (loss) for the period9904€23,422€23,865-€11,420€18,328-
+ Depreciation and write-downs630€4,366€10,609€10,951€8,732▼ 20.3%
Operating cash flow (approximation)€27,787€34,474-€469€27,061-
Investment in fixed assets (approximation)--€3,404€0-€350-
Change in cash--€11,160-€8,423€10,586-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (4)
Financial year Type Filed Reference
31-12-2025 micro format 15-06-2026 2026-00174106
31-12-2024 micro format 25-08-2025 2025-00450355
31-12-2023 micro format 20-08-2024 2024-00365924
31-12-2022 micro format 23-08-2023 2023-00344995

Similar companies · same sector, comparable size

Of the 15,151 active companies whose main activity is other specialised construction activities (NACE 43990), figures are known for 7,362. 6,111 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2022 · 1 entry · €620 awarded · €620 paid
Schemes
1 entry · €620 · €620 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 1 Gazette act processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 2 September 2021, I2E Solution was incorporated as a private limited company.1 Total assets went from €174,215 in 2022 to €157,266 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
15-06
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
31-12
Financial Back to profitnet €18,328
Net result €18,328 after one loss-making year.
25-08
NBB filing Annual accounts filed
financial year 2024 · micro format · 25 days late
2024
31-12
Financial Weakest financial yearnet -€11,420
Net result drops to -€11,420, the lowest in the series; recovery starts the following year.
20-08
NBB filing Annual accounts filed
financial year 2023 · micro format · 20 days late
2023
31-12
Financial Highest result from 2022 to 2025net €23,865 ▲1.9%
Operating result €35,349, net result €23,865, both a record.
23-08
NBB filing Annual accounts filed
financial year 2022 · micro format · 23 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 1 deed read
About the unread acts

We know of 1 Belgian Official Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company
Founded02-09-2021
Financial year end31-12
Activities, NACEBEL 2025
43990Other specialised construction activities
41003General construction of other non-residential buildings
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0773444049
Also 9925:BE0773444049
Registered 06-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 20 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0773.444.049

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Zonhoven · 1 establishment unit since 2021
registered office establishment The establishment unit on the map
Ground area
1,449 m²
Building footprint
271 m²
Building volume
1,537 m³
Parcel 71443E0828/00C000, Flanders · tallest building 8.6 m. Linked by address, not a title deed.
1 establishment unit
I2E Solution
Klapstraat 6, 3520 ZonhovenGeneral construction of residential buildings
since 2021unit no. 2.321.210.097
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
71443E0828/00C000 Flanders 1,449 m² 1 · 271 m² 8.6 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.