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IBBH

Active
Private limited companyfounded 2023active for 3 yearsZegersdreef 8, 2930 Brasschaat, BelgiumKBO/BCE: BE 0803.095.068

Financials · financial year 2025, micro format

2025 annual accounts filed 87 days after the deadline Filed on 26 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00570906.

Annual accounts 2025 filed on 26-10-2026 at the NBB all 2 filings

Turnover
≈ €210,000
Estimated: probably between €190,000 and €260,000
Total assets
€862,945▼ 3.8%
2024 · €897,263
Net result
€36,226
2024 · -€74,989
Working capital
-€106,648▲ 31.1%
2024 · -€154,882
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is a profit of €65,781, after a loss of €22,685 in 2024.

Operating result€65,781 2025 Net result€36,226 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€22,685-€65,781
Net result-€74,989below the sector's middle half-€36,226within the sector's middle half
Equity-€73,964below the sector's middle half--€37,738below the sector's middle half▲ 49.0%
Total assets€897,263within the sector's middle half-€862,945above the sector's middle half▼ 3.8%
Debt€971,227-€900,683▼ 7.3%
Working capital-€154,882below the sector's middle half--€106,648below the sector's middle half▲ 31.1%
Solvency-8.2%below the sector's middle half--4.4%below the sector's middle half▲ 3.9pp
Current ratio0.04below the sector's middle half-0.23below the sector's middle half▲ 0.19
Return on assets (ROA)-8.4%below the sector's middle half-4.2%below the sector's middle half▲ 12.6pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €862,945
Fixed assets €831,299 ▼ 6.7%
Current assets €31,646 ▲ 415%
Equity and liabilities
Equity-€37,738
Debt€900,683
Equity is negative. Debt (€900,683) exceeds the balance-sheet total (€862,945).
Key figures and ratios
2025 value · change against 2024
EBITDA
€129,650▼
2024 · €160,514
Cash flow
€100,095▼
2024 · €108,211
Interest coverage
4.39▲
2024 · 3.07
Debt ≤ 1 year
€138,294▼
2024 · €161,024
Debt > 1 year
€762,389▼
2024 · €810,203
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as IBBH: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €753,000 and €890,000, founded between 2022 and 2023.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFTEFinancial year
IBBH Brasschaat2023€0.9m-€0.04m€0.1m-€0.04m-2025
Jackers of all trades Hasselt2023€0.8m€0.2m€0.1m-€0.06m-2025
PDSS Sint-Katelijne-Waver2022€0.8m€0.006m€0.1m--€0.003m-2025
Meta4ce Kontich2022€0.8m€0.5m€0.1m€1.9m€0.02m12025
THIBAUT FERNAGUT IT Brugge2022€0.9m€0.1m€0.2m-€0.07m-2025
WHOOGY'S Anderlecht2022€0.8m€0.2m€0.1m-€0.04m-2025
MA Cloud Connect Wemmel2022€0.8m€0.1m€0.1m-€0.05m-2025

They were chosen from the 18,969 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 262 companies had the same profile as IBBH has now. Two years later, 1.1% had gone bankrupt and 97.3% were still going.

  • Small
  • 2 to 5 years old
  • negative equity
  • a profit under 5% of the balance sheet
1.1% went bankrupt
0.8% stopped otherwise
97.3% was still going

Another 0.8% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of IBBH itself is higher: 2.1% within 12 months. It rests on far more data about IBBH than the profile alone.

Test of the method

The method was tested on the 497,445 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 3.0% 3.1%
10 5.6% 6.2%

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 262 companies, not a prediction for IBBH. 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines

Source: Annual accounts 2025 at the NBB, filed on 26-10-2026.

Balance sheet Code20242025
Assets
Total assets20/58€897,263€862,945▼
Fixed assets21/28€891,122€831,299▼
Tangible fixed assets22/27€891,122€831,299▼
Land and buildings22€891,122€827,470▼
Plant, machinery and equipment23-€2,821
Furniture and vehicles24-€1,008
Current assets29/58€6,142€31,646▲
Amounts receivable within one year40/41€5,962€31,466▲
Trade receivables40€5,000€30,200▲
Other amounts receivable41€962€1,266▲
Cash at bank and in hand54/58€179€180▲
Equity and liabilities
Total equity and liabilities10/49€897,263€862,945▼
Equity10/15-€73,964-€37,738▲
Contributions10/11€1,025€1,025=
Profit (loss) carried forward14-€74,989-€38,763▲
Amounts payable17/49€971,227€900,683▼
Amounts payable after more than one year17€810,203€762,389▼
Financial debts170/4€810,203€762,389▼
Amounts payable within one year42/48€161,024€138,294▼
Current portion of amounts payable after more than one year42€45,843€55,550▲
Trade debts44-€1,671
Suppliers440/4-€1,671
Other amounts payable47/48€115,180€81,073▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€183,200€63,869▼
Other operating charges640/8€2,133€4,820▲
Gross operating margin9900€162,647€134,470▼
Operating profit (loss)9901-€22,685€65,781▲
Financial charges65/66B€52,303€29,555▼
Recurring financial charges65€52,303€29,555▼
Profit (loss) for the period before taxes9903-€74,989€36,226▲
Profit (loss) for the period9904-€74,989€36,226▲
Profit (loss) for the period to be appropriated9905-€74,989€36,226▲
Appropriation of the result
Profit (loss) to be appropriated9906-€74,989-€38,763▲
Profit (loss) brought forward from the previous period14P--€74,989

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€183,200€63,869▼ 65.1%
Other operating charges640/8€2,133€4,820▲ 126%
Gross operating margin9900€162,647€134,470▼ 17.3%
Operating profit (loss)9901-€22,685€65,781-
Financial charges65/66B€52,303€29,555▼ 43.5%
Recurring financial charges65€52,303€29,555▼ 43.5%
Profit (loss) for the period before taxes9903-€74,989€36,226-
Profit (loss) for the period9904-€74,989€36,226-
Profit (loss) for the period to be appropriated9905-€74,989€36,226-
Line20242025Change
Assets
Total assets20/58€897,263€862,945▼ 3.8%
Fixed assets21/28€891,122€831,299▼ 6.7%
Tangible fixed assets22/27€891,122€831,299▼ 6.7%
Land and buildings22€891,122€827,470▼ 7.1%
Plant, machinery and equipment23-€2,821-
Furniture and vehicles24-€1,008-
Current assets29/58€6,142€31,646▲ 415%
Amounts receivable within one year40/41€5,962€31,466▲ 428%
Trade receivables40€5,000€30,200▲ 504%
Other amounts receivable41€962€1,266▲ 31.6%
Cash at bank and in hand54/58€179€180▲ 0.6%
Equity and liabilities
Total equity and liabilities10/49€897,263€862,945▼ 3.8%
Equity10/15-€73,964-€37,738▲ 49.0%
Contributions10/11€1,025€1,025=
Profit (loss) carried forward14-€74,989-€38,763▲ 48.3%
Amounts payable17/49€971,227€900,683▼ 7.3%
Amounts payable after more than one year17€810,203€762,389▼ 5.9%
Financial debts170/4€810,203€762,389▼ 5.9%
Amounts payable within one year42/48€161,024€138,294▼ 14.1%
Current portion of amounts payable after more than one year42€45,843€55,550▲ 21.2%
Trade debts44-€1,671-
Suppliers440/4-€1,671-
Other amounts payable47/48€115,180€81,073▼ 29.6%
Line20242025Change
Profit (loss) for the period9904-€74,989€36,226-
+ Depreciation and write-downs630€183,200€63,869▼ 65.1%
Operating cash flow (approximation)€108,211€100,095▼ 7.5%
Investment in fixed assets (approximation)--€4,045-
Change in cash-€1-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 26-10-2026 2026-00570906 NBB
31-12-2024 abbreviated format 30-09-2025 2025-00522598 PDF

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