IBAM SERVICES
Open bankruptcyA bankruptcy procedure is open for IBAM SERVICES according to publications in the Belgian State Gazette; curator: FRANCOIS LE GENTIL DE ROSMORDUC.
Summary
The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (€-351) and a net result of €-7k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 04-10-2024, 65 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
65 d late
2022
18 d early
2021
207 d late
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2023, micro schema
Turnover
€419k▲ 5,218%
2022 · €8k
2021: €43k
2022: €8k▼ -81.5% vs 2021lowest in 3 years
2023: €419k▲ +5218% vs 2022highest in 3 years
2021 → 2023
EBIT margin
-1.3%▲ 1.8pp
2022 · -3.1%
2021: 9.7%highest in 3 years
2022: -3.1%▼ -132% vs 2021lowest in 3 years
2023: -1.3%▲ +58.1% vs 2022
2021 → 2023
Net result
€-7k▼ 13,520%
2022 · €-49
2021: €3khighest in 3 years
2022: €-49▼ -101% vs 2021
2023: €-7k▼ -13520% vs 2022lowest in 3 years
2021 → 2023
Working capital
€-9k
2022 · €6k
2021: €4k
2022: €6k▲ +56.4% vs 2021highest in 3 years
2023: €-9k▼ -247% vs 2022lowest in 3 years
2021 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Turnover€43k-€8k▼ 81.5%€419k▲ 5,218%
2021: €43k
2022: €8k▼ -81.5% vs 2021lowest in 3 years
2023: €419k▲ +5218% vs 2022highest in 3 years
Equity€6k-€6k▼ 0.8%€-351
2021: €6khighest in 3 years
2022: €6k▼ -0.8% vs 2021
2023: €-351▼ -106% vs 2022lowest in 3 years
Operating result€4k-€-243€-5k▼ 2,129%
2021: €4khighest in 3 years
2022: €-243▼ -106% vs 2021
2023: €-5k▼ -2129% vs 2022lowest in 3 years
Net result€3k-€-49€-7k▼ 13,520%
2021: €3khighest in 3 years
2022: €-49▼ -101% vs 2021
2023: €-7k▼ -13520% vs 2022lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2023 against €243 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
Assets €51k
Fixed assets
€9k
Current assets
€42k
Key figures and ratios
EBITDA
€-3k
Cash flow
€-4k
Solvency
-0.7%▼
2022 · 67.9%
Current ratio
0.82▼
2022 · 3.12
Quick ratio
0.78▼
2022 · 2.42
ROA
-13.2%▼
2022 · -0.5%
Interest coverage
-2.01
Debt
€51k▲
2022 · €3k
Debt ≤ 1 year
€51k▲
2022 · €3k
Staff costs
€159k
Equity ratios withheld: equity of €-351 is too small for a meaningful ratio.
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 · 2023 against 2022 · 41 lines
Balance sheet
Code20222023
Assets
Total assets20/58€9k€51k▲
Fixed assets21/28-€9k
Tangible fixed assets22/27-€9k
Furniture and vehicles24-€9k
Current assets29/58€9k€42k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€3k€26k▲
Trade receivables40-€23k
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€4k€14k▲
Equity and liabilities
Total equity and liabilities10/49€9k€51k▲
Equity10/15€6k€-351▼
Contributions10/11€3k€3k=
Outside capital11€3k€3k=
Share premium1100/10€3k€3k=
Profit (loss) carried forward14€3k€-3k▼
Amounts payable17/49€3k€51k▲
Amounts payable within one year42/48€3k€51k▲
Trade debts44-€13
Suppliers440/4-€13
Taxes, remuneration and social security45€3k€51k▲
Taxes450/3€3k€4k▲
Remuneration and social security454/9-€48k
Income statement
Code20222023
Turnover70€8k€419k▲
Goods, raw materials, services and sundry goods60/61€8k€262k▲
Remuneration, social security and pensions62-€159k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8-€334
Gross operating margin9900€-243€156k▲
Operating profit (loss)9901€-243€-5k▼
Financial income75/76B€398€280▼
Recurring financial income75€398€280▼
Non-recurring financial income76B€398€0▼
Financial charges65/66B€204€2k▲
Recurring financial charges65€204€2k▲
Profit (loss) for the period before taxes9903€-49€-7k▼
Profit (loss) for the period9904€-49€-7k▼
Profit (loss) for the period to be appropriated9905€-49€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-3k▼
Profit (loss) brought forward from the previous period14P€3k€3k▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Turnover70 | €43k | €8k | €419k | ▲ 5,218% |
| Goods, raw materials, services and sundry goods60/61 | €37k | €8k | €262k | ▲ 3,134% |
| Remuneration, social security and pensions62 | - | - | €159k | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | - | €2k | - |
| Other operating charges640/8 | €148 | - | €334 | - |
| Gross operating margin9900 | €6k | €-243 | €156k | ▲ 64,264% |
| Operating profit (loss)9901 | €4k | €-243 | €-5k | ▼ 2,129% |
| Financial income75/76B | €1 | €398 | €280 | ▼ 29.6% |
| Recurring financial income75 | €1 | €398 | €280 | ▼ 29.7% |
| Non-recurring financial income76B | €1 | €398 | €0 | ▼ 100.0% |
| Financial charges65/66B | €696 | €204 | €2k | ▲ 675% |
| Recurring financial charges65 | €57 | €204 | €2k | ▲ 675% |
| Non-recurring financial charges66B | €639 | - | - | - |
| Profit (loss) for the period before taxes9903 | €3k | €-49 | €-7k | ▼ 13,520% |
| Profit (loss) for the period9904 | €3k | €-49 | €-7k | ▼ 13,520% |
| Profit (loss) for the period to be appropriated9905 | €3k | €-49 | €-7k | ▼ 13,520% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €10k | €9k | €51k | ▲ 445% |
| Fixed assets21/28 | €2k | - | €9k | - |
| Tangible fixed assets22/27 | €2k | - | €9k | - |
| Furniture and vehicles24 | €2k | - | €9k | - |
| Current assets29/58 | €7k | €9k | €42k | ▲ 349% |
| Stocks and contracts in progress3 | €2k | €2k | €2k | = |
| Stocks30/36 | €2k | €2k | €2k | = |
| Amounts receivable within one year40/41 | €672 | €3k | €26k | ▲ 774% |
| Trade receivables40 | €672 | - | €23k | - |
| Other amounts receivable41 | - | €3k | €3k | ▲ 9.6% |
| Cash at bank and in hand54/58 | €5k | €4k | €14k | ▲ 228% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €10k | €9k | €51k | ▲ 445% |
| Equity10/15 | €6k | €6k | €-351 | ▼ 106% |
| Contributions10/11 | €3k | €3k | €3k | = |
| Capital10 | €3k | - | - | - |
| Issued capital100 | €3k | - | - | - |
| Outside capital11 | - | €3k | €3k | = |
| Share premium1100/10 | - | €3k | €3k | = |
| Profit (loss) carried forward14 | €3k | €3k | €-3k | ▼ 199% |
| Amounts payable17/49 | €3k | €3k | €51k | ▲ 1,611% |
| Amounts payable within one year42/48 | €3k | €3k | €51k | ▲ 1,611% |
| Trade debts44 | €530 | - | €13 | - |
| Suppliers440/4 | €530 | - | €13 | - |
| Taxes, remuneration and social security45 | €3k | €3k | €51k | ▲ 1,610% |
| Taxes450/3 | €3k | €3k | €4k | ▲ 17.2% |
| Remuneration and social security454/9 | - | - | €48k | - |
| Other amounts payable47/48 | €5 | - | - | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3k | €-49 | €-7k | ▼ 13,520% |
| + Depreciation and write-downs630 | €2k | - | €2k | - |
| Operating cash flow (approximation) | €5k | €-49 | €-4k | ▼ 8,968% |
| Change in cash | - | €-269 | €10k | ▲ 3,779% |
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
12-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 08-12-2025
25-07
KBO administration
Address struck
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
23-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 207 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
7 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, Evere · 1 establishment unit since 2020
Ground area
8,547 m²
Building footprint
735 m²
Volume, LiDAR
13,138 m³
Parcel 21006A0199/00T007, Brussels · tallest building 22.9 m, ±7 floors. Linked by address, not a title deed.
128
companies at this address
See who is registered here
1 establishment unit
IBAM SERVICES
since 20202.306.702.659
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21006A0199/00T007 | Brussels | 8,547 m² | 1 · 735 m² | 22.9 m · 7 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | FRANCOIS LE GENTIL DE ROSMORDUC AVENUE
LOUISE 349/17, 1050 IXELLES |
08-12-2025 → present |
Identification & contact
Identification
Legal formPrivate limited company
Founded02-07-2020
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.