Result
-€50,804 -€50,804
From profit to loss in 2025, after a profit of €114,587 in 2024.
IANVS
Lifetime
18 annual accounts with figures on one time axis, 23 filings since 2001peak €255,535 (2018)
€185,600▼ 25.5%
lowest -€50,804 (2025)
-€50,804▼ €165,390
peak €955,994 (2024)
€905,191▼ 5.3%
€222,336▼ 55.1%
peak 1.5 FTE (2007)
-not published
Board5 names since 2010
2 directorsLaurent Verhelst and 1 other
Documentsfilings and deeds
23-12-202539 days before the deadline
2025micro format
Gross margin from €249,236 to €185,600Loss of €50,804Debts from €494,791 to €222,336Cash from €16,677 to €8,092
Key points
from the 2025 annual accountsTurnover
≈ €920,000 estimated
The accounts state no turnover.
Filings
23 annual accounts since 2001
The 2023 accounts came 156 days late. The other nine of the last ten were filed on time.
Restructuring
2023
Merger with M & T MIMPI. Merger on 30-11-2023.
Board
2 joined · 2 left
Board changed. Latest change 28-02-2026 · 2 in office.
Position in the sector
-€50,804
Lower net result than 95% of companies in wholesale trade. Sector median €5,606 · 13,811 companies.
Checked score
87
Excellent
Financially stronger than 53% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2025: 0.6%
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025
07-2025: 0.6%● unchanged vs 06-2025
08-2025: 0.6%● unchanged vs 07-2025
09-2025: 0.6%● unchanged vs 08-2025
10-2025: 0.7%▲ +0.1 percentage points vs 09-2025highest value
11-2025: 0.2%▼ -0.5 percentage points vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025lowest value
01-2026: 0.3%▲ +0.1 percentage points vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.3%● unchanged vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.3%● unchanged vs 06-2026
08-2026: 0.3%● unchanged vs 07-2026
09-2026: 0.3%● unchanged vs 08-2026
10-2026: 0.3%● unchanged vs 09-2026
11-2026: 0.3%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 0.09, cash €8,092, halved
1 of the last 3 accounts late
lowers risk
Size: total assets €1.1m
Founded in 2000
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 46, micro). It does better than 90% of them on solvency, 43% on liquidity, 46% on profitability and 31% on growth.
The bankruptcy probability was computed on 09-11-2026 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 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 8,617 companies had the same profile as IANVS has now. Each dot stands for 22 companies, two years later.
94.2%
were still trading
5.2%
stopped another way
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of IANVS itself: 0.3% 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 8,617 companies, not a prediction for IANVS. 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
Credit of up to €75,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.09 (0.32 in 2024), below 1. Short-term debt is 19.7% and cash 0.7% of total assets. 19.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 days early
2024
42 days early
2023
156 days late
2022
6 days early
2021
5 days early
2020
6 days early
2019
17 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 6 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 25 January (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Board and ownership
BV
BV VERBO INVESTMENT
Managing director, Justine Boussauw
- Wim Bernauw 1,250 sharesdeed of 14-12-2023
- Laurent Verhelst 1,250 sharesdeed of 14-12-2023
Shares in 1 company, M & T MIMPI
Board & ownershipRecent changes
2 directors appointed, 2 resignations
Resignations: Wim Bernauw (managing director) and Laurent Verhelst (managing director) · Appointments: BV VERBO INVESTMENT (managing director) and Alexander Verhelst (managing director) · Permanent representative: Justine Boussauw · General meeting of 28-02-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0472831250
Merger: IANVS takes over M & T MIMPI
Resignation: IANVS (director) · Permanent representative: BERNAUW Wim · Reappointments: VERHELST Laurent (director) and BERNAUW Wim (director) · General meeting of 06-05-2024 · Gazette deed
Merger proposal: IANVS takes over M & T MIMPI
The company holds all the shares of M & T MIMPI · Wim Bernauw holds 1,250 shares · Laurent Verhelst holds 1,250 shares · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IANVS Lebbeke | €1.1m | €185,600 | 80.3% | - |
| JMB GROUP Hannut | €1.2m | €179,276 | 84.0% | - |
| EURATIO Putte | €1.2m | €204,393 | 25.8% | 2.7 |
| POOL SYSTEMS Zoersel | €1.4m | €219,207 | 90.3% | 1 |
| DERCO SYSTEME Ittre | €1.1m | €189,609 | 63.4% | 3 |
| STONE CONNECTIONS Gavere | €1.7m | €213,529 | 93.7% | - |
| VEDECON Ghent | €1.4m | €121,004 | 84.1% | - |
These companies have the same main activity as IANVS: non-specialised wholesale trade (NACE 46900). They are comparable in size and age: total assets between €1.1m and €1.7m, founded between 1998 and 2001.
Official details
Source: KBO- Status
- Active since 22-09-2000Normal situation
- Activity
- Non-specialised wholesale tradeNACE 46900and 2 others
- Joint committees
- 207White-collar workers in the chemical industry
- 116Chemical industry · annual accounts 30-06-2024
- Establishment unit
- 2.131.999.3259280 Lebbeke, since 14-09-2001
- Financial year end
- 30 June
- Peppol
- Reachable since 27-03-2026
Annual accounts to 30-06-2025
- €1.1m▼ 22.3%
- Filing
- Filed on 23-12-2025, 39 days before the end of the filing period
Insights on IANVS
IANVS files the micro format. That format states no turnover. The gross margin rose from €74,940 in 2007 to €185,600 in 2025.
In June 2026, the Official Gazette published the appointment of Alexander Verhelst 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 IANVS
- What is the company number of IANVS?
- The company number of IANVS is 0472.831.250. The VAT number is the same number with BE in front: BE 0472.831.250.
- Where is IANVS based?
- The registered office is at Brusselsesteenweg 294, 9280 Lebbeke.Company details
- What does IANVS do?
- According to the KBO register, the main activity is non-specialised wholesale trade (NACE 46900).
- What is the legal form of IANVS?
- IANVS is a public limited company (NV).
- When was IANVS founded?
- IANVS was founded on 22-09-2000.
- Is IANVS still active?
- Yes, IANVS is an active enterprise in the KBO register.
- How many employees does IANVS have?
- IANVS had an average of 0.1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does IANVS fall under?
- In its 30-06-2024 annual accounts, IANVS states joint committees 207 (White-collar workers in the chemical industry) and 116 (Chemical industry).
- What is the turnover of IANVS?
- The turnover in financial year 2025 is ≈ €920,000. This figure is estimated from the gross margin of €185,600 and 59 comparable companies (NACE 46). It probably lies between €440,000 and €1.7m.
- Is IANVS profitable?
- In financial year 2025, IANVS made a loss of €50,804.
- Where can I find the annual accounts of IANVS?
- IANVS filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IANVS due?
- IANVS must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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