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IBAL

Active Private limited companyfounded 2019active for 7 yearsRue du Pire 2, 7041 QuévyKBO/BCE: BE 0719.855.113

Lifetime

7 annual accounts with figures on one time axis
peak €174,641 (2024)
€148,998▼ 14.7%
peak €150,022 (2024)
€125,605▼ 16.3%
peak €87,110 (2021)
€20,460unchanged
€155,658▼ 16.0%
Board2 names since 2019
2 directors and 1 other
Documentsfilings and deeds
01-04-2026121 days before the deadline
2025financial year
Gross margin from €174,641 to €148,998Registered office moved from Saint-Symphorien to Havay 13-08Dividend €125,605Debts from €185,281 to €155,658Investments €26,840Cash from €31,175 to €46,691

Key points

from the 2025 annual accounts

Equity

€20,460 from €87,110 in 2021

Equity fell by 77% in 4 years.

Turnover

≈ €240,000 estimated

The accounts state no turnover.

Debts

€155,658 88% of the balance sheet
Financial debts 8%Suppliers 1%Taxes and wages 23%Other 69%

Investments

€30,225 6.4 × depreciation
202320242025

Green is investment, beige is depreciation.

Filings

7 annual accounts 2 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came latest: 67 days after the end of the period.

Position in the sector

€20,460

Less equity than 90% of companies in head offices and management consultancy. Sector median €1.7m · 2,282 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,715 companies had the same profile as IBAL has now. Each dot stands for 17 companies, two years later.

95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,715 companies, not a prediction for IBAL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 04-02-2019
Director, since 04-02-2019
  • 93 sharesdeed of 07-02-2019
  • 93 sharesdeed of 07-02-2019

Shares in 2 companies, and

Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0719855113
Registered office moved from Saint-Symphorien to Havay New registered office: Rue du Pire 02, 7041 Havay · Previous registered office: Chaussée du Roi Baudouin 21, 7030 Saint-Symphorien · General meeting of 15-04-2024 · Gazette deed
2 managers resigning, 2 directors reappointed Resignations: (manager) and (manager) · Reappointments: and · Permanent representative: · General meeting of 23-11-2023 · Gazette deed
Permanent representative: Board meeting of 23-05-2019 · Gazette deed
All 16 events

Comparable companies

same main activity, similar in size and age
Company
IBAL Quévy €176,118 €148,998 11.6% -
Gest-i9 Estinnes €184,112 €141,584 72.8% -
KAIROS TEAM Ath €199,016 €144,224 10.3% -
PN&GO Management Lens (Hainaut) €184,608 €180,556 11.2% 1
ERIHA Quévy €150,340 €129,219 13.6% -
Delmacon Lessines €177,710 €119,778 12.3% -
JBMS Les Bons Villers €155,094 €148,872 62.4% -

These companies have the same main activity as IBAL: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €150,000 and €199,000, founded between 2017 and 2019.

Official details

Source: KBO
Status
Active since 05-02-2019Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.285.646.3357041 Quévy, since 05-02-2019
Financial year end
31 December
Peppol
Reachable since 28-11-2025
Company details

Annual accounts 2025

€176,118▼ 14.4%
Filing
Filed on 01-04-2026, 121 days before the end of the filing period
Financials

Insights on IBAL

IBAL has existed since 2019. The gross margin grew from €37,127 in 2019 to €148,998 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about IBAL

What is the company number of IBAL?
The company number of IBAL is 0719.855.113. The VAT number is the same number with BE in front: BE 0719.855.113.
Where is IBAL based?
The registered office is at Rue du Pire 2, 7041 Quévy.Company details
What does IBAL do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of IBAL?
IBAL is a private limited company (BV).
When was IBAL founded?
IBAL was founded on 05-02-2019.
Is IBAL still active?
Yes, IBAL is an active enterprise in the KBO register.
What is the turnover of IBAL?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €148,998 and 93 comparable companies (NACE 70200). It probably lies between €190,000 and €310,000.Financials
Is IBAL profitable?
In financial year 2025, IBAL made a profit of €125,605.
Where can I find the annual accounts of IBAL?
IBAL filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IBAL due?
IBAL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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