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IB - INNER BODY

Active
Private limited companyfounded 20233 yrs activeKievitstraat 5, 3600 Genk, BelgiumKBO/BCE: BE 0803.512.960
Summary

The computed 12-month bankruptcy probability of IB - INNER BODY is 3.6% (moderate). The 2025 annual accounts show negative equity (-€4,752) and a net result of -€9,653. Its solvency ranks better than 16% of 1577 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0▼-43
Solvency13▼-26
Growth32
Track record94
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity tight (current ratio 1.3 against 2.13 in 2024; short-term debt: 72.6% and cash: 22.4% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Manufacture of food products (NACE 10)
about 60% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
-11.8%
Return on assets
-23.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€4,752
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
14 d early
2024
9 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 July 2023, IB - INNER BODY was incorporated as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
-€4,752
2024 · €4,901
Total assets
€40,321▲ 11.9%
2024 · €36,018
Net result
-€9,653
2024 · €901
Working capital
€8,884▼ 51.3%
2024 · €18,227
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20242025
Operating result€2,435--€7,849
Net result€901within the sector's middle half--€9,653below the sector's middle half
Equity€4,901within the sector's middle half--€4,752below the sector's middle half
Total assets€36,018below the sector's middle half-€40,321below the sector's middle half▲ 11.9%
Debt€31,117-€45,073▲ 44.8%
Working capital€18,227within the sector's middle half-€8,884within the sector's middle half▼ 51.3%
Solvency13.6%within the sector's middle half--11.8%below the sector's middle half▼ 25.4pp
Current ratio2.13within the sector's middle half-1.30within the sector's middle half▼ 0.83
Return on assets (ROA)2.5%within the sector's middle half--23.9%below the sector's middle half▼ 26.4pp
above within below the middle half (P25 to P75) of NACE 10, Manufacture of food products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€5,000€0Operating result 2024: €2,435€2,435Net result 2024: €901€901Operating result 2025: -€7,849-€7,849Net result 2025: -€9,653-€9,65320242025-€10,000-€5,000€0Operating result 2024: €2,435€2,440Net result 2024: €901€901Operating result 2025: -€7,849-€7,850Net result 2025: -€9,653-€9,65020242025
The operating result turns negative in 2025: a loss of €7,849 after €2,435 in 2024.
Balance-sheet composition
Assets €39,100
Fixed assets €931
Current assets €38,169
Equity and liabilities
Equity-€4,752
Debt€45,073
Equity is negative: debt (€45,073) exceeds the balance-sheet total (€40,321).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€7,031▼
2024 · €3,028
Cash flow
-€8,836▼
2024 · €1,494
Quick ratio
0.66▲
2024 · 0.62
Interest coverage
-3.85▼
2024 · 2.55
Debt ≤ 1 year
€29,285▲
2024 · €16,117
Debt > 1 year
€15,788▲
2024 · €15,000
Income taxes
€0▼
2024 · €623
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 7,638 companies that looked in July 2024 the way this one looks now, 8.9% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.9% went bankrupt
5.6% stopped otherwise
85% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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% 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 7,638 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 · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€36,018€40,321▲
Formation expenses20€1,674€1,221▼
Fixed assets21/28-€931
Intangible fixed assets21-€931
Current assets29/58€34,344€38,169▲
Stocks and contracts in progress3€24,408€18,704▼
Stocks30/36€24,408€18,704▼
Amounts receivable within one year40/41€2,480€10,053▲
Trade receivables40€1,789€7,057▲
Other amounts receivable41€690€2,996▲
Cash at bank and in hand54/58€5,063€9,014▲
Deferred charges and accrued income490/1€2,393€398▼
Equity and liabilities
Total equity and liabilities10/49€36,018€40,321▲
Equity10/15€4,901-€4,752▼
Contributions10/11€4,000€4,000=
Reserves13€901€901=
Distributable reserves133€901€901=
Profit (loss) carried forward14--€9,653
Amounts payable17/49€31,117€45,073▲
Amounts payable after more than one year17€15,000€15,788▲
Financial debts170/4€15,000€15,788▲
Amounts payable within one year42/48€16,117€29,285▲
Current portion of amounts payable after more than one year42-€5,038
Financial debts43€2,000€0▼
Credit institutions430/8€2,000€0▼
Trade debts44€2,943€7,761▲
Suppliers440/4€2,943€7,761▲
Taxes, remuneration and social security45€623€623=
Taxes450/3€623€623=
Other amounts payable47/48€10,551€15,863▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€593€818▲
Other operating charges640/8€973€357▼
Non-recurring operating charges66A-€387
Gross operating margin9900€4,001-€6,287▼
Operating profit (loss)9901€2,435-€7,849▼
Financial income75/76B€277€22▼
Recurring financial income75€277€22▼
Financial charges65/66B€1,188€1,827▲
Recurring financial charges65€1,188€1,827▲
Profit (loss) for the period before taxes9903€1,524-€9,653▼
Income taxes67/77€623€0▼
Profit (loss) for the period9904€901-€9,653▼
Profit (loss) for the period to be appropriated9905€901-€9,653▼
Appropriation of the result
Profit (loss) to be appropriated9906€901-€9,653▼
Transfer to equity691/2€901€0▼
To the legal reserve6920€901€0▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€593€818▲ 37.9%
Other operating charges640/8€973€357▼ 63.3%
Non-recurring operating charges66A-€387-
Gross operating margin9900€4,001-€6,287▼ 257%
Operating profit (loss)9901€2,435-€7,849▼ 422%
Financial income75/76B€277€22▼ 91.9%
Recurring financial income75€277€22▼ 91.9%
Financial charges65/66B€1,188€1,827▲ 53.8%
Recurring financial charges65€1,188€1,827▲ 53.8%
Profit (loss) for the period before taxes9903€1,524-€9,653▼ 733%
Income taxes67/77€623€0▼ 100%
Profit (loss) for the period9904€901-€9,653▼ 1,171%
Profit (loss) for the period to be appropriated9905€901-€9,653▼ 1,171%
Line20242025Change
Assets
Total assets20/58€36,018€40,321▲ 11.9%
Formation expenses20€1,674€1,221▼ 27.1%
Fixed assets21/28-€931-
Intangible fixed assets21-€931-
Current assets29/58€34,344€38,169▲ 11.1%
Stocks and contracts in progress3€24,408€18,704▼ 23.4%
Stocks30/36€24,408€18,704▼ 23.4%
Amounts receivable within one year40/41€2,480€10,053▲ 305%
Trade receivables40€1,789€7,057▲ 294%
Other amounts receivable41€690€2,996▲ 334%
Cash at bank and in hand54/58€5,063€9,014▲ 78.0%
Deferred charges and accrued income490/1€2,393€398▼ 83.4%
Equity and liabilities
Total equity and liabilities10/49€36,018€40,321▲ 11.9%
Equity10/15€4,901-€4,752▼ 197%
Contributions10/11€4,000€4,000=
Reserves13€901€901=
Distributable reserves133€901€901=
Profit (loss) carried forward14--€9,653-
Amounts payable17/49€31,117€45,073▲ 44.8%
Amounts payable after more than one year17€15,000€15,788▲ 5.3%
Financial debts170/4€15,000€15,788▲ 5.3%
Amounts payable within one year42/48€16,117€29,285▲ 81.7%
Current portion of amounts payable after more than one year42-€5,038-
Financial debts43€2,000€0▼ 100%
Credit institutions430/8€2,000€0▼ 100%
Trade debts44€2,943€7,761▲ 164%
Suppliers440/4€2,943€7,761▲ 164%
Taxes, remuneration and social security45€623€623=
Taxes450/3€623€623=
Other amounts payable47/48€10,551€15,863▲ 50.3%
Line20242025Change
Profit (loss) for the period9904€901-€9,653▼ 1,171%
+ Depreciation and write-downs630€593€818▲ 37.9%
Operating cash flow (approximation)€1,494-€8,836▼ 691%
Change in cash-€3,951-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
17-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
22-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Genk · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
560 m²
Building footprint
134 m²
Parcel 71306G0221/00E088, Flanders. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
IB - INNER BODY
Kievitstraat 5, 3600 GenkManufacture of food products
since 20232.346.827.797
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71306G0221/00E088 Flanders 560 m² 1 · 134 m² -
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.

Subsidies and aid

Flemish government

2024 · 1 entry · 1,080 EUR awarded · 1,080 EUR paid
Year Entries awardedpaid
2024 1 1,080 EUR1,080 EUR
Schemes
1 entry · 1,080 EUR · 1,080 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site
Genk2.346.827.797
1 permission
Detailhandel LM>3 maand · since 01-01-2024

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 395 companies in this sector we hold annual accounts for 225. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded03-07-2023
Fiscal year end31-12
Activities, NACEBEL 2025
10890Manufacture of food products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803512960
Also 9925:BE0803512960
Registered 30-10-2023

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.