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IA CONSTRUCT

Active
Private limited companyfounded 2025active for 1 yearVisé Voie 11, 4000 Liège, BelgiumKBO/BCE: BE 1023.905.769
Summary

IA CONSTRUCT has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114,946 and a net result of €111,946. Its solvency ranks better than 56% of 34,072 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.8% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00488956.

Equity
€114,946
Total assets
€221,859
Net result
€111,946
Working capital
€114,733

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €221,859
Fixed assets €213
Current assets €221,646
Equity and liabilities €221,859
Equity €114,946
Debt €106,913
Debt finances 48.2% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
2.07
Debt to equity
0.93
ROE
97.4%
ROA
50.5%
Debt ≤ 1 year
€106,913
Income taxes
€31,065
Staff costs
€6,862

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,474 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 11,280 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 · 33 lines
Balance sheet Code2025
Assets
Total assets20/58€221,859
Fixed assets21/28€213
Financial fixed assets28€213
Current assets29/58€221,646
Amounts receivable within one year40/41€102,427
Trade receivables40€102,427
Cash at bank and in hand54/58€119,005
Deferred charges and accrued income490/1€215
Equity and liabilities
Total equity and liabilities10/49€221,859
Equity10/15€114,946
Contributions10/11€3,000
Profit (loss) carried forward14€111,946
Amounts payable17/49€106,913
Amounts payable within one year42/48€106,913
Trade debts44€70,465
Suppliers440/4€70,465
Taxes, remuneration and social security45€34,021
Taxes450/3€32,055
Remuneration and social security454/9€1,965
Other amounts payable47/48€2,427
Income statement Code2025
Remuneration, social security and pensions62€6,862
Other operating charges640/8€391
Gross operating margin9900€150,294
Operating profit (loss)9901€143,041
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€30
Recurring financial charges65€30
Profit (loss) for the period before taxes9903€143,011
Income taxes67/77€31,065
Profit (loss) for the period9904€111,946
Profit (loss) for the period to be appropriated9905€111,946
Appropriation of the result
Profit (loss) to be appropriated9906€111,946

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€6,862
Other operating charges640/8€391
Gross operating margin9900€150,294
Operating profit (loss)9901€143,041
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€30
Recurring financial charges65€30
Profit (loss) for the period before taxes9903€143,011
Income taxes67/77€31,065
Profit (loss) for the period9904€111,946
Profit (loss) for the period to be appropriated9905€111,946
Line2025
Assets
Total assets20/58€221,859
Fixed assets21/28€213
Financial fixed assets28€213
Current assets29/58€221,646
Amounts receivable within one year40/41€102,427
Trade receivables40€102,427
Cash at bank and in hand54/58€119,005
Deferred charges and accrued income490/1€215
Equity and liabilities
Total equity and liabilities10/49€221,859
Equity10/15€114,946
Contributions10/11€3,000
Profit (loss) carried forward14€111,946
Amounts payable17/49€106,913
Amounts payable within one year42/48€106,913
Trade debts44€70,465
Suppliers440/4€70,465
Taxes, remuneration and social security45€34,021
Taxes450/3€32,055
Remuneration and social security454/9€1,965
Other amounts payable47/48€2,427
Line2025
Profit (loss) for the period9904€111,946
Operating cash flow (approximation)€111,946

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 (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00488956

Similar companies · same sector, comparable size

Of the 4,204 active companies whose main activity is insulation installation (NACE 43230), figures are known for 1,249. 1,041 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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