IANVS
ActiveSummary
IANVS has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €905k and a net result of €-51k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 81% of 11389 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability63▼-16
Solvency100▲+9
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity short (current ratio 0.09 against 0.32 in 2024; short-term debt: 19.7% and cash: 0.7% of total assets), and 19.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 d early
2024
42 d early
2023
156 d late
2022
6 d early
2021
5 d early
2020
6 d early
2019
17 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€905k▼ 5.3%
2024 · €956k
Total assets
€1.13M▼ 22.3%
2024 · €1.45M
Net result
€-51k
2024 · €115k
Working capital
€-202k▲ 39.5%
2024 · €-333k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€25k▼ 66.7%€12k▼ 53.7%€14k▲ 18.1%€163k▲ 1,089%€-17k
Net result€38k▼ 14.2%€20k▼ 48.2%€18k▼ 5.5%€115k▲ 521%€-51k
Equity€803k▲ 4.9%€822k▲ 2.4%€841k▲ 2.2%€956k▲ 13.7%€905k▼ 5.3%
Total assets€1.98M▼ 3.6%€1.85M▼ 6.1%€1.72M▼ 7.2%€1.45M▼ 15.7%€1.13M▼ 22.3%
Debt€1.17M▼ 8.6%€1.03M▼ 12.0%€880k▼ 14.7%€495k▼ 43.8%€222k▼ 55.1%
Working capital€-456k▼ 5.8%€-472k▼ 3.4%€-388k▲ 17.8%€-333k▲ 14.1%€-202k▲ 39.5%
Staff (FTE)0.8▼ 20.0%0.6▼ 25.0%0.6=0.1▼ 83.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €17k after €163k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.13M
Fixed assets
€1.11M ▼ 14.2%
Current assets
€21k ▼ 87.1%
Equity and liabilities €1.13M
Equity
€905k ▼ 5.3%
Debt
€222k ▼ 55.1%
Debt's share of the balance-sheet total falls from 34.1% to 19.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€167k▼
2024 · €234k
Cash flow
€133k▼
2024 · €185k
Current ratio
0.09▼
2024 · 0.32
Debt to equity
0.25▼
2024 · 0.52
ROE
-5.6%▼
2024 · 12.0%
ROA
-4.5%▼
2024 · 7.9%
Interest coverage
146.88▼
2024 · 185.66
Debt ≤ 1 year
€222k▼
2024 · €493k
Income taxes
€35k▼
2024 · €53k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2k | - | - |
| Remuneration, social security and pensions62 | - | €32k | €34k | €8k | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €21k | €21k | €71k | €184k | ▲ 160% |
| Other operating charges640/8 | - | €2k | €2k | €7k | €19k | ▲ 154% |
| Non-recurring operating charges66A | - | - | - | - | €17 | - |
| Gross operating margin9900 | €78k | €66k | €71k | €249k | €186k | ▼ 25.5% |
| Operating profit (loss)9901 | €25k | €12k | €14k | €163k | €-17k | ▼ 111% |
| Financial income75/76B | - | €19k | €15k | €4k | €2k | ▼ 47.4% |
| Recurring financial income75 | €20k | €19k | €15k | €4k | €2k | ▼ 47.4% |
| Financial charges65/66B | - | €3k | €4k | €1k | €1k | ▼ 10.0% |
| Recurring financial charges65 | €7k | €3k | €2k | €1k | €1k | ▼ 10.0% |
| Non-recurring financial charges66B | - | - | €1k | - | - | - |
| Profit (loss) for the period before taxes9903 | €49k | €27k | €26k | €166k | €-16k | ▼ 110% |
| Transfer from deferred taxes780 | - | - | - | €1k | - | - |
| Income taxes67/77 | €11k | €7k | €7k | €53k | €35k | ▼ 34.8% |
| Profit (loss) for the period9904 | €38k | €20k | €18k | €115k | €-51k | ▼ 144% |
| Transfer from tax-exempt reserves789 | - | - | - | €39k | €154k | ▲ 295% |
| Transfer to tax-exempt reserves689 | - | - | - | €771k | - | - |
| Profit (loss) for the period to be appropriated9905 | €38k | €20k | €18k | €-617k | €103k | ▲ 117% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.98M | €1.85M | €1.72M | €1.45M | €1.13M | ▼ 22.3% |
| Fixed assets21/28 | €1.32M | €1.29M | €1.23M | €1.29M | €1.11M | ▼ 14.2% |
| Intangible fixed assets21 | - | - | - | €732k | €578k | ▼ 21.1% |
| Tangible fixed assets22/27 | €161k | €140k | €119k | €558k | €529k | ▼ 5.3% |
| Land and buildings22 | - | €140k | €119k | €441k | €440k | ▼ 0.3% |
| Plant, machinery and equipment23 | - | - | - | €117k | €89k | ▼ 24.4% |
| Financial fixed assets28 | €1.15M | €1.15M | €1.11M | - | - | - |
| Current assets29/58 | €660k | €560k | €492k | €160k | €21k | ▼ 87.1% |
| Stocks and contracts in progress3 | €195k | €184k | - | - | - | - |
| Stocks30/36 | - | €184k | - | - | - | - |
| Amounts receivable within one year40/41 | €332k | €327k | €247k | €16k | €11k | ▼ 35.5% |
| Trade receivables40 | - | €21k | €5k | €16 | €10k | ▲ 60,439% |
| Other amounts receivable41 | - | €307k | €242k | €16k | €974 | ▼ 94.1% |
| Current investments50/53 | - | - | - | €125k | - | - |
| Cash at bank and in hand54/58 | €69k | €49k | €246k | €17k | €8k | ▼ 51.5% |
| Deferred charges and accrued income490/1 | - | - | - | €2k | €2k | ▲ 3.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.98M | €1.85M | €1.72M | €1.45M | €1.13M | ▼ 22.3% |
| Equity10/15 | €803k | €822k | €841k | €956k | €905k | ▼ 5.3% |
| Contributions10/11 | €125k | €125k | €125k | €125k | €125k | = |
| Capital10 | - | €125k | €125k | €125k | €125k | = |
| Issued capital100 | - | €125k | €125k | €125k | €125k | = |
| Reserves13 | €13k | €13k | €13k | €745k | €780k | ▲ 4.7% |
| Non-distributable reserves130/1 | - | €13k | €13k | €13k | €13k | = |
| Legal reserve130 | - | €13k | €13k | €13k | €13k | = |
| Tax-exempt reserves132 | - | - | - | €732k | €578k | ▼ 21.1% |
| Distributable reserves133 | - | - | - | - | €190k | - |
| Profit (loss) carried forward14 | €665k | €685k | €703k | €86k | - | - |
| Amounts payable17/49 | €1.17M | €1.03M | €880k | €495k | €222k | ▼ 55.1% |
| Amounts payable after more than one year17 | €56k | - | - | - | - | - |
| Amounts payable within one year42/48 | €1.12M | €1.03M | €880k | €493k | €222k | ▼ 54.9% |
| Current portion of amounts payable after more than one year42 | - | €56k | - | - | - | - |
| Financial debts43 | - | €50k | - | - | - | - |
| Credit institutions430/8 | - | €50k | - | - | - | - |
| Trade debts44 | €73k | €43k | €22k | €945 | €1k | ▲ 40.2% |
| Suppliers440/4 | - | €43k | €22k | €945 | €1k | ▲ 40.2% |
| Taxes, remuneration and social security45 | - | €7k | - | €13k | €1k | ▼ 88.6% |
| Taxes450/3 | - | €7k | - | €13k | €1k | ▼ 88.6% |
| Other amounts payable47/48 | - | €876k | €859k | €480k | €220k | ▼ 54.2% |
| Accrued charges and deferred income492/3 | - | - | - | €2k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38k | €20k | €18k | €115k | €-51k | ▼ 144% |
| + Depreciation and write-downs630 | €21k | €21k | €21k | €71k | €184k | ▲ 160% |
| Operating cash flow (approximation) | €59k | €41k | €39k | €185k | €133k | ▼ 28.2% |
| Investment in fixed assets (approximation) | - | €0 | €44k | €-133k | €0 | ▲ 100% |
| Change in cash | - | €-20k | €197k | €-229k | €-9k | ▲ 96.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €-51k
Net result drops to €-51k, the lowest in the series.
2024
20-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 156 days late
30-06
Financial
Highest result since 2019net €115k ▲521%
Operating result €163k, net result €115k, both a record.
2023
25-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
26-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
25-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
27-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
16-01
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.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Lebbeke · 1 establishment unit since 2001
Ground area
7,554 m²
Building footprint
2,101 m²
Volume, LiDAR
18,004 m³
Parcel 42322C0943/00H002, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Brusselsesteenweg 294, 9280 Lebbeke
since 20012.131.999.325
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42322C0943/00H002 | Flanders | 7,554 m² | 1 · 2,101 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 1,566 companies in sector 46900 we hold annual accounts for 920. 632 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded22-09-2000
Fiscal year end30-06
Activities, NACEBEL 2025
46900Non-specialised wholesale trade
64210Activities of holding companies
81100Combined facilities support activities
Scores and ratios are computed by Checked and are not a credit decision.