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IB

Active
Private limited companyfounded 2023active for 3 yearsTiensevest 14, 3000 Leuven, BelgiumKBO/BCE: BE 0804.747.434
Summary

The computed 12-month bankruptcy probability of IB is 9.1% (elevated). The 2024 annual accounts show equity of €61,066 and a net result of €36,066. Its solvency ranks better than 37% of 2,937 sector peers (NACE 56, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, abbreviated format

2024 annual accounts filed late (95 days) Filed on 3 November 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00559658.

Turnover
€540,517
EBIT margin
6.7%
Net result
€36,066
Working capital
-€40,603
Balance-sheet composition
Assets €295,333
Fixed assets €180,314
Current assets €115,019
Equity and liabilities €295,333
Equity €61,066
Debt €234,267
Debt finances 79.3% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€53,142
Cash flow
€53,142
Current ratio
0.74
Quick ratio
0.58
Debt to equity
3.84
ROE
59.1%
ROA
12.2%
Debt ≤ 1 year
€155,622
Staff costs
€106,588

Peer companies

Historical observation

Of the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
3.6% went bankrupt
1.8% stopped otherwise
94.3% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 9.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,468 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 7,976 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 · 2024 · 36 lines
Balance sheet Code2024
Assets
Total assets20/58€295,333
Fixed assets21/28€180,314
Intangible fixed assets21€42,970
Tangible fixed assets22/27€137,344
Plant, machinery and equipment23€127,549
Furniture and vehicles24€8,622
Other tangible fixed assets26€1,173
Current assets29/58€115,019
Stocks and contracts in progress3€24,655
Stocks30/36€24,655
Amounts receivable within one year40/41€2,466
Trade receivables40€2,466
Cash at bank and in hand54/58€87,898
Equity and liabilities
Total equity and liabilities10/49€295,333
Equity10/15€61,066
Contributions10/11€25,000
Profit (loss) carried forward14€36,066
Amounts payable17/49€234,267
Amounts payable within one year42/48€155,622
Trade debts44€48,662
Suppliers440/4€48,662
Taxes, remuneration and social security45€106,960
Remuneration and social security454/9€106,960
Accrued charges and deferred income492/3€78,645
Income statement Code2024
Turnover70€540,517
Goods, raw materials, services and sundry goods60/61€380,013
Remuneration, social security and pensions62€106,588
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,076
Other operating charges640/8€774
Gross operating margin9900€160,504
Operating profit (loss)9901€36,066
Profit (loss) for the period before taxes9903€36,066
Profit (loss) for the period9904€36,066
Profit (loss) for the period to be appropriated9905€36,066
Appropriation of the result
Profit (loss) to be appropriated9906€36,066
Social balance sheet
Average headcount (FTE)90873.0

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Turnover70€540,517
Goods, raw materials, services and sundry goods60/61€380,013
Remuneration, social security and pensions62€106,588
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17,076
Other operating charges640/8€774
Gross operating margin9900€160,504
Operating profit (loss)9901€36,066
Profit (loss) for the period before taxes9903€36,066
Profit (loss) for the period9904€36,066
Profit (loss) for the period to be appropriated9905€36,066
Line2024
Assets
Total assets20/58€295,333
Fixed assets21/28€180,314
Intangible fixed assets21€42,970
Tangible fixed assets22/27€137,344
Plant, machinery and equipment23€127,549
Furniture and vehicles24€8,622
Other tangible fixed assets26€1,173
Current assets29/58€115,019
Stocks and contracts in progress3€24,655
Stocks30/36€24,655
Amounts receivable within one year40/41€2,466
Trade receivables40€2,466
Cash at bank and in hand54/58€87,898
Equity and liabilities
Total equity and liabilities10/49€295,333
Equity10/15€61,066
Contributions10/11€25,000
Profit (loss) carried forward14€36,066
Amounts payable17/49€234,267
Amounts payable within one year42/48€155,622
Trade debts44€48,662
Suppliers440/4€48,662
Taxes, remuneration and social security45€106,960
Remuneration and social security454/9€106,960
Accrued charges and deferred income492/3€78,645
Line2024
Profit (loss) for the period9904€36,066
+ Depreciation and write-downs630€17,076
Operating cash flow (approximation)€53,142

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
31-12-2024 abbreviated format 03-11-2025 2025-00559658

Similar companies · same sector, comparable size

Of the 20,122 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,485. 9,898 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.