IADF
ActiveSummary
IADF has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €36k and a net result of €44k. Equity is shrinking by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 31% of 11615 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+1
Solvency60▼-8
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.69 in 2023; short-term debt: 65.5% and cash: 76.2% of total assets), and 65.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
34.5%
Return on assets
43%
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 28-07-2025, 3 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
6 d late
2022
on the day
2021
37 d early
2020
43 d early
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€36k▼ 13.3%
2023 · €41k
2018: €69k
2019: €60k
2020: €70k
2021: €64k
2022: €58k
2023: €41k
2018 → 2024
Total assets
€104k▲ 8.3%
2023 · €96k
2018: €126k
2019: €112k
2020: €106k
2021: €107k
2022: €106k
2023: €96k
2018 → 2024
Net result
€44k▲ 90.0%
2023 · €23k
2018: €24k
2019: €31k
2020: €30k
2021: €20k
2022: €23k
2023: €23k
2018 → 2024
Working capital
€30k▼ 18.3%
2023 · €36k
2018: €50k
2019: €49k
2020: €64k
2021: €60k
2022: €54k
2023: €36k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€70k-€64k▼ 7.7%€58k▼ 10.2%€41k▼ 28.7%€36k▼ 13.3%
Operating result€39k-€25k▼ 35.2%€32k▲ 27.1%€30k▼ 5.5%€57k▲ 88.3%
Net result€30k-€20k▼ 35.1%€23k▲ 19.7%€23k▼ 0.1%€44k▲ 90.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 88% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €104k
Fixed assets
€6k ▼ 9.9%
Current assets
€97k ▲ 9.8%
Equity and liabilities €104k
Equity
€36k ▼ 13.3%
Debt
€68k ▲ 24.8%
Debt's share of the balance-sheet total rises from 56.8% to 65.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€58k▲
2023 · €31k
Cash flow
€45k▲
2023 · €24k
Current ratio
1.44▼
2023 · 1.69
Debt to equity
1.90▲
2023 · 1.32
ROE
124.4%▲
2023 · 56.7%
ROA
43.0%▲
2023 · 24.5%
Interest coverage
134.00▲
2023 · 71.80
Debt ≤ 1 year
€68k▲
2023 · €53k
Income taxes
€12k▲
2023 · €7k
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 · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€96k€104k▲
Fixed assets21/28€7k€6k▼
Tangible fixed assets22/27€7k€6k▼
Furniture and vehicles24€2k€1k▼
Other tangible fixed assets26€5k€5k=
Current assets29/58€89k€97k▲
Amounts receivable within one year40/41€18k€18k▼
Trade receivables40€15k€15k▲
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€70k€79k▲
Deferred charges and accrued income490/1€589€610▲
Equity and liabilities
Total equity and liabilities10/49€96k€104k▲
Equity10/15€41k€36k▼
Contributions10/11€19k€19k=
Reserves13€23k€17k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€21k€15k▼
Amounts payable17/49€54k€68k▲
Amounts payable within one year42/48€53k€68k▲
Trade debts44€951€411▼
Suppliers440/4€951€411▼
Taxes, remuneration and social security45€12k€10k▼
Taxes450/3€9k€8k▼
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€40k€57k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€329€687▲
Other operating charges640/8€870€899▲
Gross operating margin9900€32k€59k▲
Operating profit (loss)9901€30k€57k▲
Financial income75/76B€4-
Recurring financial income75€4-
Financial charges65/66B€429€433▲
Recurring financial charges65€429€433▲
Profit (loss) for the period before taxes9903€30k€57k▲
Income taxes67/77€7k€12k▲
Profit (loss) for the period9904€23k€44k▲
Profit (loss) for the period to be appropriated9905€23k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€44k▲
Transfer from equity791/2€17k€6k▼
Profit to be distributed694/7€40k€50k▲
Return on contributions (dividend)694€40k€50k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €44k ▲90%
Operating result €57k, net result €44k, both a record.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €20k ▼35.1%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Leuven · 1 establishment unit since 2015
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.
Lodreef 243010 LeuvenGround area
374 m²
Building footprint
101 m²
Volume, LiDAR
688 m³
Parcel 24483E0149/00F009, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Lodreef 24, 3010 Leuven
since 20152.248.078.235
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24483E0149/00F009 | Flanders | 374 m² | 1 · 101 m² | 10.2 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
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ARCHITECT POL PETERS
BE 0475.371.561
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Of 18,255 companies in sector 71111 we hold annual accounts for 6,321. 5,087 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-2015
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.