IBEVA
ActiveSummary
The computed 12-month bankruptcy probability of IBEVA is 2.1% (moderate). The 2025 annual accounts show equity of €106,983 and a net result of €103,493. Equity is growing by ~23.4% per year across the filed fiscal years. The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency53▼-47
Growth78=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.22 against 4.62 in 2024; short-term debt: 72.1% and cash: 45.2% of total assets), and 72.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.9%
Return on assets
27%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
4 d early
2024
24 d early
2023
30 d late
2022
19 d early
2021
23 d early
2020
8 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 8 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€106,983▼ 61.1%
2024 · €274,987
Total assets
€382,855▲ 15.2%
2024 · €332,276
Net result
€103,493▼ 15.9%
2024 · €123,004
Working capital
€59,684▼ 71.2%
2024 · €207,582
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€102,321▲ 71.3%€153,308▲ 49.8%€126,806▼ 17.3%€160,696▲ 26.7%€125,661▼ 21.8%
Net result€74,018▲ 72.3%€116,761▲ 57.7%€97,360▼ 16.6%€123,004▲ 26.3%€103,493▼ 15.9%
Equity€119,483▲ 163%€223,744▲ 87.3%€181,983▼ 18.7%€274,987▲ 51.1%€106,983▼ 61.1%
Total assets€147,047▲ 150%€255,059▲ 73.5%€217,515▼ 14.7%€332,276▲ 52.8%€382,855▲ 15.2%
Debt€27,564▲ 108%€31,315▲ 13.6%€35,532▲ 13.5%€57,289▲ 61.2%€275,872▲ 382%
Working capital€102,512▲ 220%€204,954▲ 99.9%€93,928▼ 54.2%€207,582▲ 121%€59,684▼ 71.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 22% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €382,855
Fixed assets
€47,299 ▼ 29.8%
Current assets
€335,556 ▲ 26.7%
Equity and liabilities €382,855
Equity
€106,983 ▼ 61.1%
Debt
€275,872 ▲ 382%
Debt's share of the balance-sheet total rises from 17.2% to 72.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€145,766▼
2024 · €181,346
Cash flow
€123,599▼
2024 · €143,653
Current ratio
1.22▼
2024 · 4.62
Debt to equity
2.58▲
2024 · 0.21
ROE
96.7%▲
2024 · 44.7%
ROA
27.0%▼
2024 · 37.0%
Interest coverage
500.83▼
2024 · 734.08
Debt ≤ 1 year
€275,872▲
2024 · €57,289
Income taxes
€29,000▼
2024 · €37,446
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,703 companies that looked in July 2024 the way this one looks now, 1.7% went bankrupt within 24 months and 96% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.7%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,703 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,442 | €7,983 | €15,172 | €20,650 | €20,106 | ▼ 2.6% |
| Other operating charges640/8 | €473 | €932 | €816 | €1,025 | €918 | ▼ 10.4% |
| Non-recurring operating charges66A | - | - | €131 | €0 | - | - |
| Gross operating margin9900 | €109,236 | €162,222 | €142,925 | €182,371 | €146,685 | ▼ 19.6% |
| Operating profit (loss)9901 | €102,321 | €153,308 | €126,806 | €160,696 | €125,661 | ▼ 21.8% |
| Financial income75/76B | €0 | €385 | €0 | €0 | €7,123 | - |
| Recurring financial income75 | €0 | €385 | €0 | €0 | €7,123 | - |
| Financial charges65/66B | €75 | €836 | €900 | €247 | €291 | ▲ 17.8% |
| Recurring financial charges65 | €75 | €836 | €900 | €247 | €291 | ▲ 17.8% |
| Profit (loss) for the period before taxes9903 | €102,246 | €152,856 | €125,907 | €160,449 | €132,493 | ▼ 17.4% |
| Income taxes67/77 | €28,228 | €36,095 | €28,547 | €37,446 | €29,000 | ▼ 22.6% |
| Profit (loss) for the period9904 | €74,018 | €116,761 | €97,360 | €123,004 | €103,493 | ▼ 15.9% |
| Profit (loss) for the period to be appropriated9905 | €74,018 | €116,761 | €97,360 | €123,004 | €103,493 | ▼ 15.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €147,047 | €255,059 | €217,515 | €332,276 | €382,855 | ▲ 15.2% |
| Fixed assets21/28 | €16,971 | €18,790 | €88,055 | €67,405 | €47,299 | ▼ 29.8% |
| Tangible fixed assets22/27 | €16,971 | €18,790 | €88,055 | €67,405 | €47,299 | ▼ 29.8% |
| Furniture and vehicles24 | €16,971 | €13,234 | €83,086 | €63,025 | €43,508 | ▼ 31.0% |
| Other tangible fixed assets26 | - | €5,557 | €4,968 | €4,380 | €3,791 | ▼ 13.4% |
| Current assets29/58 | €130,077 | €236,269 | €129,460 | €264,871 | €335,556 | ▲ 26.7% |
| Amounts receivable within one year40/41 | €9,784 | €10,782 | €0 | - | - | - |
| Other amounts receivable41 | €9,784 | €10,782 | €0 | - | - | - |
| Current investments50/53 | - | €35,604 | €79,120 | €102,925 | €126,731 | ▲ 23.1% |
| Cash at bank and in hand54/58 | €119,374 | €189,499 | €42,507 | €123,411 | €173,024 | ▲ 40.2% |
| Deferred charges and accrued income490/1 | €918 | €384 | €7,833 | €38,535 | €35,801 | ▼ 7.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €147,047 | €255,059 | €217,515 | €332,276 | €382,855 | ▲ 15.2% |
| Equity10/15 | €119,483 | €223,744 | €181,983 | €274,987 | €106,983 | ▼ 61.1% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Reserves13 | €104,483 | €221,244 | €179,483 | €272,487 | €104,483 | ▼ 61.7% |
| Distributable reserves133 | €104,483 | €221,244 | €179,483 | €272,487 | €104,483 | ▼ 61.7% |
| Profit (loss) carried forward14 | €12,500 | €0 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €27,564 | €31,315 | €35,532 | €57,289 | €275,872 | ▲ 382% |
| Amounts payable within one year42/48 | €27,564 | €31,315 | €35,532 | €57,289 | €275,872 | ▲ 382% |
| Trade debts44 | €0 | €572 | €1,770 | €2,386 | €581 | ▼ 75.6% |
| Suppliers440/4 | €0 | €572 | €1,770 | €2,386 | €581 | ▼ 75.6% |
| Advances received on contracts in progress46 | €10,118 | €5,020 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €17,446 | €25,722 | €7,687 | €16,633 | €29,948 | ▲ 80.1% |
| Taxes450/3 | €17,446 | €25,722 | €7,687 | €16,633 | €28,448 | ▲ 71.0% |
| Remuneration and social security454/9 | - | - | - | - | €1,500 | - |
| Other amounts payable47/48 | €0 | - | €26,075 | €38,271 | €245,343 | ▲ 541% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74,018 | €116,761 | €97,360 | €123,004 | €103,493 | ▼ 15.9% |
| + Depreciation and write-downs630 | €6,442 | €7,983 | €15,172 | €20,650 | €20,106 | ▼ 2.6% |
| Operating cash flow (approximation) | €80,460 | €124,744 | €112,532 | €143,653 | €123,599 | ▼ 14.0% |
| Investment in fixed assets (approximation) | - | -€9,803 | -€84,436 | €0 | €0 | - |
| Change in cash | - | €70,125 | -€146,992 | €80,903 | €49,614 | ▼ 38.7% |
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
Next filing, fiscal year 2026, expected by
2026
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2020net €123,004 ▲26.3%
Operating result €160,696, net result €123,004, both a record.
31-12
Financial
Equity above €200,000Eq €274,987 ▲51.1%
5 profitable years in a row build equity to €274,987.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200,000Eq €223,744 ▲87.3%
3 profitable years in a row build equity to €223,744.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €119,483 ▲163%
2 profitable years in a row build equity to €119,483.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Waregem · 1 establishment unit since 2019
Ground area
985 m²
Building footprint
122 m²
Volume, LiDAR
659 m³
Parcel 34006A0317/00S004, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
IBEVA
since 20192.292.423.962
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34006A0317/00S004 | Flanders | 985 m² | 1 · 122 m² | 8.1 m · 2 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.
Identification & contact
Identification
Legal formPrivate limited company
Founded20-08-2019
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0732694844
Also
9925:BE0732694844
Registered
31-10-2023
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.