IBEICO
The computed 12-month bankruptcy probability of IBEICO is 0.5% (very low). The 2025 annual accounts show equity of €1k and a net result of €-11k. Equity is shrinking by ~27% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 30% of 54 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1k |
| Net result | €-11k |
| Better than sector | 30% |
| Active | 19 yrs |
Fragile profile, watch profitability in particular.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 11.6% | 48.3% | |
| Net result | €-11k | €24k | |
| Equity | €1k | €45k | |
| Gross operating margin | €-4k | €49k | |
| Total assets | €9k | €150k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | €-5k |
| Net profit | €-11k |
| Cash flow | €-5k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €9k |
| Equity | €1k |
| Debt | €8k |
| of which ≤ 1y | €8k |
| of which > 1y | - |
| Working capital | €-6k |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 0.20 |
| Quick ratio | 0.20 |
| Working capital ratio | -70.6% |
| Solvency | 11.6% |
| Debt / equity | 7.63 |
| Long-term debt ratio | - |
| Interest coverage | -39.45 |
| Gross margin | - |
| Net margin | - |
| ROA | -129.6% |
| ROE | -1119.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €9k |
| Fixed assets | 21/28 | €7k |
| Tangible fixed assets | 22/27 | €7k |
| Current assets | 29/58 | €2k |
| Amounts receivable within one year | 40/41 | €424 |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €9k |
| Equity | 10/15 | €1k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €33k |
| Accumulated profits (losses) | 14 | €-51k |
| Amounts payable | 17/49 | €8k |
| Amounts payable within one year | 42/48 | €8k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Gross operating margin | 9900 | €-4k |
| Operating result | 9901 | €-11k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €124 |
| Result before taxes | 9903 | €-11k |
| Net result for the period | 9904 | €-11k |
| Result to be appropriated | 9905 | €-11k |
| NACE primary | 72109 |
| Legal form | Private limited company(610) |
| Incorporation | 12-12-2006 |
| Status | Active |
| Postal code | 3110 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24094E0181/00D007 | Flanders | 2,095 m² | 1 · 187 m² | 17.1 m · 1 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
30-01-2024 1 resigning, 1 reappointed
- Vandamme Anne Mieke, Zaakvoerder
- Vandamme Anne Mieke, Niet statutair bestuurder
Technical details
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},
"reason": "end_of_term",
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"evidence_quote": "De algemene vergadering besluit de huidige zaakvoerder, hierna vermeld, ontslag te geven uit haar functie",
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{
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{
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"notary": {
"name": "Elise DEBOOSERE",
"firm_city": null,
"firm_name": null,
"office_city": "Avelgem",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-01-30",
"filing_date": "2024-01-25",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2023-12-27",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0885.688.786",
"name_full": "IBEICO",
"legal_form": "BV"
},
"publication_proxy": {
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"org_name": null,
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"org_rep_person_name": null,
"person_role_at_subject": "notaris"
},
"co_filed_documents": [
"expeditie van de akte",
"geco\u00F6rdineerde statuten"
],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | IBEICO |