IB - CON
ActiveSummary
For IB - CON, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €370,952 and a net result of -€26,328. Equity is shrinking by ~6.5% per year across the filed fiscal years. The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability11=
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five 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 · 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
91.7%
Return on assets
-6.5%
Age of the figures
29 mo
raises risk · Annual accounts not filed
The financial year that closed on 30-04-2025 was due at the National Bank by 30-11-2025. Nothing is on record, 302 days later.
NBB · 10 filingsPosition against the passed deadline
30-04-2025 close30-11-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-04-2024 was due by 30-11-2024 and was filed on 10-12-2024, 10 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
10 d late
2023
28 d late
2022
2 d early
2021
22 d late
2020
60 d late
2019
19 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 23 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€370,952▼ 6.6%
2023 · €397,281
Total assets
€404,656▼ 10.1%
2023 · €449,977
Net result
-€26,328▲ 1.4%
2023 · -€26,696
Working capital
€240,389▼ 6.3%
2023 · €256,531
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
Line20202021202220232024
Operating result€30,123=€34,688▲ 15.2%€62,159▲ 79.2%-€30,907-€31,526▼ 2.0%
Net result€310,154=€248,526▼ 19.9%€54,214▼ 78.2%-€26,696-€26,328▲ 1.4%
Equity€560,031▲ 79.8%€560,031=€423,977▼ 24.3%€397,281▼ 6.3%€370,952▼ 6.6%
Total assets€958,038▲ 18.3%€958,038=€512,895▼ 46.5%€449,977▼ 12.3%€404,656▼ 10.1%
Debt€398,007▼ 23.9%€398,007=€88,919▼ 77.7%€52,696▼ 40.7%€33,703▼ 36.0%
Working capital€203,571€203,571=€271,977▲ 33.6%€256,531▼ 5.7%€240,389▼ 6.3%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31,526 in 2024 against €30,907 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €404,656
Fixed assets
€130,563 ▼ 7.2%
Current assets
€274,093 ▼ 11.4%
Equity and liabilities €404,656
Equity
€370,952 ▼ 6.6%
Debt
€33,703 ▼ 36.0%
Debt's share of the balance-sheet total falls from 11.7% to 8.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€21,339▼
2023 · -€19,657
Cash flow
-€16,142▼
2023 · -€15,446
Current ratio
8.13▲
2023 · 5.87
Debt to equity
0.09▼
2023 · 0.13
ROE
-7.1%▼
2023 · -6.7%
ROA
-6.5%▼
2023 · -5.9%
Interest coverage
-48.75▲
2023 · -50.41
Debt ≤ 1 year
€33,703▼
2023 · €52,696
Income taxes
€377▲
2023 · €297
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,254 | €16,254 | €11,719 | €11,250 | €10,186 | ▼ 9.5% |
| Other operating charges640/8 | - | - | €2,028 | €2,097 | €3,078 | ▲ 46.8% |
| Gross operating margin9900 | €46,661 | €50,604 | €75,905 | -€17,560 | -€18,261 | ▼ 4.0% |
| Operating profit (loss)9901 | €30,123 | €34,688 | €62,159 | -€30,907 | -€31,526 | ▼ 2.0% |
| Financial income75/76B | - | - | €14,214 | €4,898 | €6,013 | ▲ 22.8% |
| Recurring financial income75 | €303,241 | €251,698 | €14,214 | €4,898 | €6,013 | ▲ 22.8% |
| Financial charges65/66B | - | - | €278 | €390 | €438 | ▲ 12.2% |
| Recurring financial charges65 | €17,566 | €14,846 | €278 | €390 | €438 | ▲ 12.2% |
| Profit (loss) for the period before taxes9903 | €315,798 | €249,348 | €76,095 | -€26,399 | -€25,951 | ▲ 1.7% |
| Income taxes67/77 | €5,645 | €7,580 | €21,881 | €297 | €377 | ▲ 27.1% |
| Profit (loss) for the period9904 | €310,154 | €248,526 | €54,214 | -€26,696 | -€26,328 | ▲ 1.4% |
| Profit (loss) for the period to be appropriated9905 | €310,154 | €248,526 | €54,214 | -€26,696 | -€26,328 | ▲ 1.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €958,038 | €958,038 | €512,895 | €449,977 | €404,656 | ▼ 10.1% |
| Formation expenses20 | €0 | €0 | - | - | - | - |
| Fixed assets21/28 | €390,230 | €384,738 | €152,000 | €140,749 | €130,563 | ▼ 7.2% |
| Intangible fixed assets21 | €0 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €183,362 | €177,870 | €151,750 | €140,499 | €130,313 | ▼ 7.3% |
| Land and buildings22 | - | - | €150,986 | €140,346 | €130,246 | ▼ 7.2% |
| Furniture and vehicles24 | - | - | €763 | €154 | €67 | ▼ 56.4% |
| Financial fixed assets28 | €206,868 | €206,868 | €250 | €250 | €250 | = |
| Current assets29/58 | €573,300 | €573,300 | €360,896 | €309,227 | €274,093 | ▼ 11.4% |
| Stocks and contracts in progress3 | €0 | €0 | - | - | - | - |
| Amounts receivable within one year40/41 | €95,815 | €239,450 | €316,944 | €306,869 | €235,178 | ▼ 23.4% |
| Trade receivables40 | - | - | €137,686 | €116,992 | €35,152 | ▼ 70.0% |
| Other amounts receivable41 | - | - | €179,258 | €189,878 | €200,025 | ▲ 5.3% |
| Current investments50/53 | €0 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €476,154 | €476,154 | €43,377 | €1,888 | €38,408 | ▲ 1,934% |
| Deferred charges and accrued income490/1 | - | - | €575 | €470 | €507 | ▲ 8.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €958,038 | €958,038 | €512,895 | €449,977 | €404,656 | ▼ 10.1% |
| Equity10/15 | €560,031 | €560,031 | €423,977 | €397,281 | €370,952 | ▼ 6.6% |
| Contributions10/11 | €20,000 | - | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €540,031 | €540,031 | €403,977 | €377,281 | €350,952 | ▼ 7.0% |
| Non-distributable reserves130/1 | - | - | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | - | €2,000 | €2,000 | €2,000 | = |
| Distributable reserves133 | - | - | €401,977 | €375,281 | €348,952 | ▼ 7.0% |
| Profit (loss) carried forward14 | -€40,063 | €0 | - | - | - | - |
| Amounts payable17/49 | €398,007 | €398,007 | €88,919 | €52,696 | €33,703 | ▼ 36.0% |
| Amounts payable within one year42/48 | €369,729 | €369,729 | €88,919 | €52,696 | €33,703 | ▼ 36.0% |
| Trade debts44 | €29,740 | €30,675 | €58,088 | €30,491 | €23,549 | ▼ 22.8% |
| Suppliers440/4 | - | - | €58,088 | €30,491 | €23,549 | ▼ 22.8% |
| Taxes, remuneration and social security45 | - | - | €26,254 | €881 | €377 | ▼ 57.2% |
| Taxes450/3 | - | - | €26,254 | €881 | €377 | ▼ 57.2% |
| Other amounts payable47/48 | - | - | €4,577 | €21,324 | €9,777 | ▼ 54.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €310,154 | €248,526 | €54,214 | -€26,696 | -€26,328 | ▲ 1.4% |
| + Depreciation and write-downs630 | €16,254 | €16,254 | €11,719 | €11,250 | €10,186 | ▼ 9.5% |
| Operating cash flow (approximation) | €326,408 | €264,780 | €65,933 | -€15,446 | -€16,142 | ▼ 4.5% |
| Investment in fixed assets (approximation) | - | -€10,762 | €221,019 | €0 | €0 | - |
| Change in cash | - | €0 | -€432,777 | -€41,488 | €36,519 | ▲ 188% |
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
2024
10-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 10 days late
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
30-04
Financial
Weakest financial yearnet -€26,696
Net result drops to -€26,696, the lowest in the series; recovery starts the following year.
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-04
Financial
Liquidity triplescurrent ratio 4.06
Current ratio from 1.55 to 4.06; short-term debt falls from €369,729 to €88,919.
2021
22-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 60 days late
2020
30-04
Financial
Equity above €500,000Eq €560,031 ▲79.8%
2 profitable years in a row build equity to €560,031.
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 19 days late
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
31-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Pittem · 1 establishment unit since 1999
Ground area
1,371 m²
Building footprint
230 m²
Volume, LiDAR
959 m³
Parcel 37003B0831/00M002, Flanders · tallest building 8.8 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Molenakker 87, 8740 Pittem
since 19992.070.709.379
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37003B0831/00M002 | Flanders | 1,371 m² | 1 · 230 m² | 8.8 m · 1 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.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 30-04-2022 list no shareholders, and no other source names one.
Holdings 2
-
66.67%
-
49.92%
According to the annual accounts to 30-04-2022 of IB - CON and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded14-02-1995
Fiscal year end30-04
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.
If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.