IBA
ActiveSummary
The computed 12-month bankruptcy probability of IBA is 2.6% (moderate). The 2024 annual accounts show equity of €2k and a net result of €4k. Equity is shrinking by ~28.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 14% of 9982 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability76▲+76
Solvency28▲+28
Growth58▲+26
Track record94
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
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 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% 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 2024Solvency, return and age of the figures
Solvency
2.7%
Return on assets
6.7%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 9982 sector peers (2024).
NBB · sector comparisonPosition among 9982 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
30 d early
2022
32 d early
2021
34 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€2k
2023 · €-2k
2021: €3k
2022: €4k▲ +11.3% vs 2021highest in 4 years
2023: €-2k▼ -163% vs 2022lowest in 4 years
2024: €2k▲ +169% vs 2023
2021 → 2024
Total assets
€57k▲ 794%
2023 · €6k
2021: €9k
2022: €13k▲ +33.7% vs 2021
2023: €6k▼ -48.5% vs 2022lowest in 4 years
2024: €57k▲ +794% vs 2023highest in 4 years
2021 → 2024
Net result
€4k
2023 · €-6k
2021: €2k
2022: €370▼ -79.3% vs 2021
2023: €-6k▼ -1709% vs 2022lowest in 4 years
2024: €4k▲ +165% vs 2023highest in 4 years
2021 → 2024
Working capital
€-30k▼ 1,204%
2023 · €-2k
2021: €2k
2022: €3k▲ +16.2% vs 2021highest in 4 years
2023: €-2k▼ -187% vs 2022
2024: €-30k▼ -1204% vs 2023lowest in 4 years
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€3k-€4k▲ 11.3%€-2k€2k
2021: €3k
2022: €4k▲ +11.3% vs 2021highest in 4 years
2023: €-2k▼ -163% vs 2022lowest in 4 years
2024: €2k▲ +169% vs 2023
Operating result€2k-€507▼ 77.9%€-5k€5k
2021: €2k
2022: €507▼ -77.9% vs 2021
2023: €-5k▼ -1121% vs 2022lowest in 4 years
2024: €5k▲ +203% vs 2023highest in 4 years
Net result€2k-€370▼ 79.3%€-6k€4k
2021: €2k
2022: €370▼ -79.3% vs 2021
2023: €-6k▼ -1709% vs 2022lowest in 4 years
2024: €4k▲ +165% vs 2023highest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €5k after a loss of €5k in 2023, the highest result in the available series.
Balance-sheet composition
Assets €57k
Fixed assets
€32k
Current assets
€26k
Equity and liabilities €57k
Equity
€2k
Debt
€56k
Debt finances 97.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€7k
Cash flow
€6k
Current ratio
0.46▼
2023 · 0.74
Debt to equity
35.41▲
2023 · -3.80
ROE
245.7%
ROA
6.7%▲
2023 · -92.6%
Interest coverage
5.85
Debt ≤ 1 year
€56k▲
2023 · €9k
Income taxes
€203
Staff costs
€624
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€6k€57k▲
Fixed assets21/28-€32k
Tangible fixed assets22/27-€32k
Furniture and vehicles24-€32k
Current assets29/58€6k€26k▲
Stocks and contracts in progress3€1k-
Stocks30/36€1k-
Amounts receivable within one year40/41€4k€12k▲
Trade receivables40€3k€12k▲
Other amounts receivable41€1k-
Cash at bank and in hand54/58€833€14k▲
Equity and liabilities
Total equity and liabilities10/49€6k€57k▲
Equity10/15€-2k€2k▲
Contributions10/11€2k€2k=
Profit (loss) carried forward14€-4k€79▲
Amounts payable17/49€9k€56k▲
Amounts payable within one year42/48€9k€56k▲
Trade debts44€509€6k▲
Suppliers440/4€509€6k▲
Taxes, remuneration and social security45-€9k
Taxes450/3-€9k
Other amounts payable47/48€8k€41k▲
Income statement
Code20232024
Remuneration, social security and pensions62-€624
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8€147€468▲
Gross operating margin9900€-5k€8k▲
Operating profit (loss)9901€-5k€5k▲
Financial charges65/66B€778€1k▲
Recurring financial charges65€778€1k▲
Profit (loss) for the period before taxes9903€-6k€4k▲
Income taxes67/77-€203
Profit (loss) for the period9904€-6k€4k▲
Profit (loss) for the period to be appropriated9905€-6k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€79▲
Profit (loss) brought forward from the previous period14P€2k€-4k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €624 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €2k | - |
| Other operating charges640/8 | - | €62 | €147 | €468 | ▲ 219% |
| Gross operating margin9900 | €2k | €569 | €-5k | €8k | ▲ 264% |
| Operating profit (loss)9901 | €2k | €507 | €-5k | €5k | ▲ 203% |
| Financial income75/76B | €2 | €234 | - | - | - |
| Recurring financial income75 | €2 | €234 | - | - | - |
| Financial charges65/66B | €62 | €278 | €778 | €1k | ▲ 57.5% |
| Recurring financial charges65 | €62 | €278 | €778 | €1k | ▲ 57.5% |
| Profit (loss) for the period before taxes9903 | €2k | €463 | €-6k | €4k | ▲ 169% |
| Income taxes67/77 | €446 | €93 | - | €203 | - |
| Profit (loss) for the period9904 | €2k | €370 | €-6k | €4k | ▲ 165% |
| Profit (loss) for the period to be appropriated9905 | €2k | €370 | €-6k | €4k | ▲ 165% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €9k | €13k | €6k | €57k | ▲ 794% |
| Fixed assets21/28 | €1k | €1k | - | €32k | - |
| Tangible fixed assets22/27 | - | - | - | €32k | - |
| Furniture and vehicles24 | - | - | - | €32k | - |
| Financial fixed assets28 | €1k | €1k | - | - | - |
| Current assets29/58 | €8k | €12k | €6k | €26k | ▲ 303% |
| Stocks and contracts in progress3 | €3k | - | €1k | - | - |
| Stocks30/36 | €3k | - | €1k | - | - |
| Amounts receivable within one year40/41 | €5k | €10k | €4k | €12k | ▲ 185% |
| Trade receivables40 | €2k | €8k | €3k | €12k | ▲ 334% |
| Other amounts receivable41 | €3k | €1k | €1k | - | - |
| Cash at bank and in hand54/58 | €776 | €2k | €833 | €14k | ▲ 1,604% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €9k | €13k | €6k | €57k | ▲ 794% |
| Equity10/15 | €3k | €4k | €-2k | €2k | ▲ 169% |
| Contributions10/11 | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €2k | €2k | €-4k | €79 | ▲ 102% |
| Amounts payable17/49 | €6k | €9k | €9k | €56k | ▲ 540% |
| Amounts payable within one year42/48 | €6k | €9k | €9k | €56k | ▲ 540% |
| Trade debts44 | €4k | €594 | €509 | €6k | ▲ 1,029% |
| Suppliers440/4 | €4k | €594 | €509 | €6k | ▲ 1,029% |
| Taxes, remuneration and social security45 | €446 | €93 | - | €9k | - |
| Taxes450/3 | €446 | €93 | - | €9k | - |
| Other amounts payable47/48 | €2k | €8k | €8k | €41k | ▲ 401% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €370 | €-6k | €4k | ▲ 165% |
| + Depreciation and write-downs630 | - | - | - | €2k | - |
| Operating cash flow (approximation) | €2k | €370 | €-6k | €6k | ▲ 196% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - |
| Change in cash | - | €1k | €-975 | €13k | ▲ 1,471% |
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
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
1 act for this company is 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, Beringen · 1 establishment unit since 2021
Ground area
502 m²
Building footprint
116 m²
Parcel 71049A1025/00D000, Flanders · tallest building 0.2 m. Linked by address, not a title deed.
1 establishment unit
IBA
since 20212.316.498.966
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049A1025/00D000 | Flanders | 502 m² | 1 · 116 m² | 0.2 m |
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.
Recognitions · licences · registrations
Recognised contractor
9 categoriesIBA BV42531
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Of 29,779 companies in sector 41001 we hold annual accounts for 16,044. 2,758 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded19-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
Scores and ratios are computed by Checked and are not a credit decision.