IB4Projects
ActiveSummary
IB4Projects has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €227,324 and a net result of €38,813. Equity is growing by about 61% per year across the filed financial years. Its solvency ranks better than 92% of 9,624 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €227,324
- Profit
- €38,813
Why 95lowers riskLiquidity: current ratio 12.98, cash €64,970Sector: Office administrative, office support and other business support activities (NACE 82)Equity €227,324 (92.2% of total assets)Figures for financial year 2025 (filed 21-07-2026)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 82, micro): better than 88% on solvency, 76% on liquidity, 63% on profitability and 28% on growth.
The bankruptcy probability was computed on 24-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 1 day before the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2019 to 2025net €81,544 ▲46.9%
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result falls in 2025; 2025 is 51% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 82, Office administrative, office support and other business support activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 26,974 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
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 26,974 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €13,845 | - | €7,985 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €693 | €764 | €773 | €818 | €2,424 | €2,533 | €3,982 | ▲ 57.2% |
| Other operating charges640/8 | - | - | €441 | €1,123 | €1,145 | €1,362 | €1,330 | ▼ 2.3% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €8,625 | - |
| Gross operating margin9900 | €22,652 | €26,701 | €41,539 | €73,646 | €81,873 | €118,359 | €69,929 | ▼ 40.9% |
| Operating profit (loss)9901 | €21,705 | €25,678 | €40,325 | €71,705 | €78,304 | €114,464 | €55,992 | ▼ 51.1% |
| Financial income75/76B | - | - | - | €1,303 | - | €9 | €660 | ▲ 73× |
| Recurring financial income75 | €1 | €370 | - | €1,303 | - | €9 | €660 | ▲ 73× |
| Financial charges65/66B | - | - | €300 | €394 | €422 | €281 | €260 | ▼ 7.5% |
| Recurring financial charges65 | €83 | €129 | €300 | €394 | €422 | €281 | €260 | ▼ 7.5% |
| Profit (loss) for the period before taxes9903 | €21,623 | €25,919 | €40,025 | €72,613 | €77,882 | €114,192 | €56,392 | ▼ 50.6% |
| Income taxes67/77 | €6,573 | €7,396 | €11,306 | €20,776 | €22,368 | €32,648 | €17,579 | ▼ 46.2% |
| Profit (loss) for the period9904 | €15,050 | €18,523 | €28,719 | €51,838 | €55,514 | €81,544 | €38,813 | ▼ 52.4% |
| Profit (loss) for the period to be appropriated9905 | €15,050 | €18,523 | €28,719 | €51,838 | €55,514 | €81,544 | €38,813 | ▼ 52.4% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €42,120 | €60,544 | €92,907 | €140,499 | €193,779 | €267,197 | €246,424 | ▼ 7.8% |
| Fixed assets21/28 | €2,309 | €1,545 | €1,533 | €4,253 | €10,228 | €9,407 | €15,183 | ▲ 61.4% |
| Tangible fixed assets22/27 | €2,309 | €1,545 | €1,533 | €4,253 | €10,228 | €9,407 | €15,183 | ▲ 61.4% |
| Furniture and vehicles24 | - | - | €789 | €3,865 | €7,829 | €7,292 | €13,319 | ▲ 82.7% |
| Other tangible fixed assets26 | - | - | €744 | €388 | €2,399 | €2,115 | €1,864 | ▼ 11.9% |
| Current assets29/58 | €39,811 | €58,999 | €91,374 | €136,246 | €183,551 | €257,790 | €231,241 | ▼ 10.3% |
| Amounts receivable within one year40/41 | - | €14,705 | €38,761 | €81,636 | €78,486 | €71,677 | €42,877 | ▼ 40.2% |
| Trade receivables40 | - | - | €38,761 | €81,636 | €78,486 | €71,677 | €39,092 | ▼ 45.5% |
| Other amounts receivable41 | - | - | - | - | - | - | €3,785 | - |
| Current investments50/53 | - | - | - | - | €80,000 | €146,000 | €117,577 | ▼ 19.5% |
| Cash at bank and in hand54/58 | €24,240 | €20,017 | €50,664 | €52,977 | €23,235 | €36,067 | €64,970 | ▲ 80.1% |
| Deferred charges and accrued income490/1 | - | - | €1,949 | €1,634 | €1,830 | €4,046 | €5,817 | ▲ 43.8% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €42,120 | €60,544 | €92,907 | €140,499 | €193,779 | €267,197 | €246,424 | ▼ 7.8% |
| Equity10/15 | €19,650 | €36,573 | €63,692 | €113,930 | €167,844 | €247,670 | €227,324 | ▼ 8.2% |
| Contributions10/11 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €13,450 | €30,373 | €57,492 | €107,730 | €161,644 | €241,470 | €221,124 | ▼ 8.4% |
| Distributable reserves133 | - | - | €57,492 | €107,730 | €161,644 | €241,470 | €221,124 | ▼ 8.4% |
| Amounts payable17/49 | €22,470 | €23,971 | €29,215 | €26,569 | €25,935 | €19,527 | €19,100 | ▼ 2.2% |
| Amounts payable within one year42/48 | €21,932 | €22,832 | €28,677 | €26,031 | €25,397 | €19,527 | €17,818 | ▼ 8.8% |
| Trade debts44 | €2,977 | - | €828 | €383 | €1,054 | €1,953 | €1,239 | ▼ 36.6% |
| Suppliers440/4 | - | - | €828 | €383 | €1,054 | €1,953 | €1,239 | ▼ 36.6% |
| Taxes, remuneration and social security45 | - | - | €22,827 | €21,220 | €20,055 | €13,916 | €12,198 | ▼ 12.3% |
| Taxes450/3 | - | - | €22,827 | €21,220 | €20,055 | €13,916 | €12,198 | ▼ 12.3% |
| Other amounts payable47/48 | - | - | €5,022 | €4,429 | €4,288 | €3,658 | €4,381 | ▲ 19.8% |
| Accrued charges and deferred income492/3 | - | - | €538 | €538 | €538 | - | €1,282 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,050 | €18,523 | €28,719 | €51,838 | €55,514 | €81,544 | €38,813 | ▼ 52.4% |
| + Depreciation and write-downs630 | €693 | €764 | €773 | €818 | €2,424 | €2,533 | €3,982 | ▲ 57.2% |
| Operating cash flow (approximation) | €15,743 | €19,287 | €29,492 | €52,656 | €57,938 | €84,077 | €42,795 | ▼ 49.1% |
| Investment in fixed assets (approximation) | - | €0 | -€761 | -€3,538 | -€8,399 | -€1,712 | -€9,758 | ▼ 470% |
| Change in cash | - | -€4,223 | €30,647 | €2,313 | -€29,742 | €12,832 | €28,903 | ▲ 125% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (7)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 21-07-2026 | 2026-00313541 |
| 31-12-2024 | micro format | 04-07-2025 | 2025-00233663 |
| 31-12-2023 | micro format | 15-06-2024 | 2024-00131977 |
| 31-12-2022 | micro format | 26-08-2023 | 2023-00357104 |
| 31-12-2021 | micro format | 30-07-2022 | 2022-20252428 |
| 31-12-2020 | micro format | 26-07-2021 | 2021-41800330 |
| 31-12-2019 | micro format | 25-09-2020 | 2020-55900351 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| IMBRECHTS Bart Maria Alfred |
|
Owners and capital
Capital and shareholders
- 18-12-2023 Converted to unavailable equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
18-12
Gazette deed
Resignation: IMBRECHTS Bart Maria Alfred (manager)Appointment: IMBRECHTS Bart Maria Alfred (director) · Amendment of the articles · Capital conversion8 facts ▸
- General meeting, “als volgt beslist, buitengewone algemene vergadering” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden statutenwijziging, opheffing statutair onbeschikbare eigen vermogensrekening en beschikbaar maken voor uitkering” (deed in Dutch)
- Director resignation, IMBRECHTS Bart Maria Alfred (manager)
- Director appointment, IMBRECHTS Bart Maria Alfred (director (not named in the articles))
- Director discharge, IMBRECHTS Bart Maria Alfred (ontslagnemende zaakvoerder)
- Power of attorney
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23018C0100/00E000 | Flanders | 833 m² | 1 · 163 m² | 7.8 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle engineeringsverrichtingen omvattende onder meer de studie,het onderzoek,de ontwikkeling,het advies,de expertise,de coördinatie,de…” (deed in Dutch)
19 activities (deed in Dutch)
- Alle engineeringsverrichtingen omvattende onder meer de studie,het onderzoek,de ontwikkeling,het advies,de expertise,de coördinatie,de technische ondersteuning,de leiding en het toezicht op de uitvoering van alle(bouw)werken van en aan nijverheidsgebouwen,kunstwerken,complexen,sportterreinen allerhande,industriële installaties en systemen en dit zowel in de openbare als in de private sector
- Het verlenen van diensten in het kader van ingenieursprojecten en het verkrijgen van commissies en beloningen op het verwerven van opdrachten
- Voorbereidende studies,site bezoeken en ruimtelijke analyse
- De uitbating van een raadgevend bureau voor nijverheidsstudies alsmede van een ingenieurs-en studiebureau
- Het aanbieden van een zo ruim mogelijk dienstenpakket,zowel onder de vorm van advies,bijstand,opleiding als uitvoering,op het vlak van het algemeen marketing-,publicitair-,technisch-,administratief-,financieel-en organisatorisch beleid van ondernemingen
- Project management
- Organisatie en deelnames aan lezingen,voorlichtingen,informatiecampagnes,workshops,conferenties en beurzen
- Het geven van coaching,training,consulting en advies
- Het onderzoek,de ontwikkeling,de vervaardiging of commercialisering van nieuwe producten,nieuwe vormen van technologieën en hun toepassingen
- Het geven,organiseren of assisteren bij of meewerken aan opleidingen en vorming in groep of individueel bij middel van seminaries,onderwijs,training,workshops,lezingen,studies en onderzoek in verband met één of meerdere van voornoemde activiteiten of onderwerpen
- De redactie,het commercialiseren,verspreiden of publiceren onder welke vorm en op welke wijze ook van artikels,publicaties,studies en onderzoeksresultaten,boeken,cursussen in verband met één of meerdere van voornoemde activiteiten of onderwerpen
- Het registreren,beheren,ontwikkelen,verlenen,ter beschikking stellen of verhandelen van merken,octrooien,brevetten,licenties,gebruiks-en exploitatierechten en knowhow in de meest ruime zin met betrekking tot één of meerdere van de hiervoor opgesomde activiteiten of onderwerpen
- Het toestaan van leningen en voorschotten onder eender welke vorm of duur,aan particulieren,ondernemingen,vennootschappen;in dit kader kan zij zich ook borgstellen of aval verlenen in de meest ruime zin,met uitzondering van alle verrichtingen die wettelijk voorbehouden zijn aan kredietinstellingen
- Het beheren van beleggingen en van participaties in dochtervennootschappen,het waarnemen van bestuurdersfuncties,het verlenen van advies,management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert.Deze diensten kunnen worden geleverd krachtens contractuele of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan van de cliënt
- Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,warrants,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van handelsvennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een(semi)-publiekrechtelijk statuut
- Het verwerven en aanhouden van participaties,in eender welke vorm,in alle bestaande of op te richten industriële,commerciële,financiële,landbouw-of immobiliënvennootschappen of-ondernemingen;het stimuleren,de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen waarin ze een participatie aanhoudt;het deelnemen aan hun beheer,bestuur,vereffening en toezicht alsmede het verlenen van technische,administratieve en financiële bijstand aan deze vennootschappen en ondernemingen
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een roerend vermogen;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals de aan-en verkoop,de huur en verhuur,de ruil;in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren,aandelen,obligaties,staatsfondsen
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan-en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en verfraaiing,de huur en verhuur,onroerende leasing,de ruil,de verkaveling,en in het algemeen alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken van onroerende goederen of onroerende zakelijke rechten
- Het optreden als tussenpersoon in de handel,hetzij als agent,makelaar,vertegenwoordiger,verdeler,zaakwaarnemer,concessionaris alsmede alle andere vormen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- IB4PROJECTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Tweede besluit, De zetel is gevestigd in het Vlaams Gewest.” (deed in Dutch)“Vlaams Gewest, administratieve zetels,exploitatiezetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 14. Externe vertegenwoordigingsbevoegdheid Iedere bestuurder afzonderlijk, ook wanneer er meerdere zijn, vertegenwoordigt de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, onbepaalde duur” (deed in Dutch)“Vaste of evenredige vergoeding, algemene kosten los van representatie-,reis-en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Nietigheid, bestuursorgaan” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereisten statutenwijziging, naleving voorwaarden Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Een of meer, alle machten artikel 2:87 Wetboek van vennootschappen en verenigingen zonder bijzondere machtiging” (deed in Dutch)