IBEX
ActiveSummary
IBEX has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €885k and a net result of €112k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 93% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2022
Profitability84▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 4.38 against 16.23 in 2022; short-term debt: 5.8% and cash: 20% of total assets), and 5.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 2024Solvency, return and age of the figures
Solvency
94.2%
Return on assets
11.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2022
4 d early
2021
31 d early
2020
13 d late
2019
28 d late
2018
27 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€885k▲ 17.1%
2022 · €756k
2018: €497klowest value
2019: €536k▲ +7.8% vs 2018
2020: €603k▲ +12.4% vs 2019
2021: €697k▲ +15.6% vs 2020
2022: €756k▲ +8.5% vs 2021
2024: €885khighest value
2018 → 2024
Total assets
€940k▲ 18.9%
2022 · €790k
2018: €516klowest value
2019: €558k▲ +8.0% vs 2018
2020: €622k▲ +11.6% vs 2019
2021: €721k▲ +16.0% vs 2020
2022: €790k▲ +9.6% vs 2021
2024: €940khighest value
2018 → 2024
Net result
€112k▲ 21.0%
2022 · €92k
2018: €41k
2019: €39k▼ -4.5% vs 2018lowest value
2020: €67k▲ +71.4% vs 2019
2021: €94k▲ +41.6% vs 2020
2022: €92k▼ -2.2% vs 2021
2024: €112khighest value
2018 → 2024
Working capital
€184k▼ 64.4%
2022 · €516k
2018: €497k
2019: €536k▲ +7.9% vs 2018
2020: €603k▲ +12.4% vs 2019
2021: €697k▲ +15.6% vs 2020highest value
2022: €516k▼ -26.0% vs 2021
2024: €184klowest value
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222024Trend
Equity€536k-€603k▲ 12.4%€697k▲ 15.6%€756k▲ 8.5%€885k▲ 17.1%
2019: €536klowest value
2020: €603k▲ +12.4% vs 2019
2021: €697k▲ +15.6% vs 2020
2022: €756k▲ +8.5% vs 2021
2024: €885khighest value
Operating result€51k-€95k▲ 85.5%€127k▲ 33.0%€129k▲ 1.8%€155k▲ 20.1%
2019: €51klowest value
2020: €95k▲ +85.5% vs 2019
2021: €127k▲ +33.0% vs 2020
2022: €129k▲ +1.8% vs 2021
2024: €155khighest value
Net result€39k-€67k▲ 71.4%€94k▲ 41.6%€92k▼ 2.2%€112k▲ 21.0%
2019: €39klowest value
2020: €67k▲ +71.4% vs 2019
2021: €94k▲ +41.6% vs 2020
2022: €92k▼ -2.2% vs 2021
2024: €112khighest value
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €155k in 2024, compared with €129k in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €940k
Fixed assets
€702k ▲ 192%
Current assets
€238k ▼ 56.7%
Equity and liabilities €940k
Equity
€885k ▲ 17.1%
Debt
€54k ▲ 60.6%
Debt's share of the balance-sheet total rises from 4.3% to 5.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€160k▲
2022 · €130k
Cash flow
€117k▲
2022 · €93k
Current ratio
4.38▼
2022 · 16.23
Debt to equity
0.06▲
2022 · 0.04
ROE
12.6%▲
2022 · 12.2%
ROA
11.9%▲
2022 · 11.7%
Interest coverage
1064.83▲
2022 · 1012.04
Debt ≤ 1 year
€54k▲
2022 · €34k
Income taxes
€46k▲
2022 · €37k
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 · 2024 against 2022 · 44 lines
Balance sheet
Code20222024
Assets
Total assets20/58€790k€940k▲
Fixed assets21/28€240k€702k▲
Tangible fixed assets22/27€240k€702k▲
Land and buildings22€240k€691k▲
Furniture and vehicles24€859€10k▲
Current assets29/58€550k€238k▼
Amounts receivable within one year40/41€64k€49k▼
Trade receivables40€41k€49k▲
Other amounts receivable41€24k-
Cash at bank and in hand54/58€486k€188k▼
Deferred charges and accrued income490/1-€917
Equity and liabilities
Total equity and liabilities10/49€790k€940k▲
Equity10/15€756k€885k▲
Contributions10/11€19k€19k=
Reserves13€738k€867k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€736k€865k▲
Amounts payable17/49€34k€54k▲
Amounts payable within one year42/48€34k€54k▲
Trade debts44€1k€787▼
Suppliers440/4€1k€787▼
Taxes, remuneration and social security45€33k€32k▼
Taxes450/3€24k€32k▲
Remuneration and social security454/9€9k-
Other amounts payable47/48-€22k
Income statement
Code20222024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€429€5k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€131k€162k▲
Operating profit (loss)9901€129k€155k▲
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€128€151▲
Recurring financial charges65€128€151▲
Profit (loss) for the period before taxes9903€129k€157k▲
Income taxes67/77€37k€46k▲
Profit (loss) for the period9904€92k€112k▲
Profit (loss) for the period to be appropriated9905€92k€112k▲
Appropriation of the result
Profit (loss) to be appropriated9906€92k€112k▲
Transfer from equity791/2€33k€80k▲
Transfer to equity691/2€92k€112k▲
To other reserves6921€92k€112k▲
Profit to be distributed694/7€33k€80k▲
Return on contributions (dividend)694€33k€80k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €197 | €98 | - | €429 | €5k | - |
| Other operating charges640/8 | - | - | €1k | €1k | €2k | - |
| Gross operating margin9900 | €53k | €97k | €128k | €131k | €162k | - |
| Operating profit (loss)9901 | €51k | €95k | €127k | €129k | €155k | - |
| Financial income75/76B | - | - | - | - | €2k | - |
| Recurring financial income75 | €512 | €181 | - | - | €2k | - |
| Financial charges65/66B | - | - | €104 | €128 | €151 | - |
| Recurring financial charges65 | €59 | €1k | €104 | €128 | €151 | - |
| Profit (loss) for the period before taxes9903 | €52k | €94k | €127k | €129k | €157k | - |
| Income taxes67/77 | €13k | €28k | €32k | €37k | €46k | - |
| Profit (loss) for the period9904 | €39k | €67k | €94k | €92k | €112k | - |
| Profit (loss) for the period to be appropriated9905 | €39k | €67k | €94k | €92k | €112k | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €558k | €622k | €721k | €790k | €940k | - |
| Fixed assets21/28 | €98 | - | - | €240k | €702k | - |
| Tangible fixed assets22/27 | €98 | - | - | €240k | €702k | - |
| Land and buildings22 | - | - | - | €240k | €691k | - |
| Furniture and vehicles24 | - | - | - | €859 | €10k | - |
| Current assets29/58 | €557k | €622k | €721k | €550k | €238k | - |
| Amounts receivable within one year40/41 | €34k | €39k | €34k | €64k | €49k | - |
| Trade receivables40 | - | - | €34k | €41k | €49k | - |
| Other amounts receivable41 | - | - | - | €24k | - | - |
| Cash at bank and in hand54/58 | €523k | €583k | €687k | €486k | €188k | - |
| Deferred charges and accrued income490/1 | - | - | - | - | €917 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €558k | €622k | €721k | €790k | €940k | - |
| Equity10/15 | €536k | €603k | €697k | €756k | €885k | - |
| Contributions10/11 | €19k | - | €19k | €19k | €19k | - |
| Reserves13 | €518k | €584k | €678k | €738k | €867k | - |
| Non-distributable reserves130/1 | - | - | €2k | €2k | €2k | - |
| Reserves not available under the articles1311 | - | - | €2k | €2k | €2k | - |
| Distributable reserves133 | - | - | €677k | €736k | €865k | - |
| Amounts payable17/49 | €21k | €19k | €24k | €34k | €54k | - |
| Amounts payable within one year42/48 | €21k | €19k | €24k | €34k | €54k | - |
| Trade debts44 | €3k | €516 | €463 | €1k | €787 | - |
| Suppliers440/4 | - | - | €463 | €1k | €787 | - |
| Taxes, remuneration and social security45 | - | - | €19k | €33k | €32k | - |
| Taxes450/3 | - | - | €16k | €24k | €32k | - |
| Remuneration and social security454/9 | - | - | €3k | €9k | - | - |
| Other amounts payable47/48 | - | - | €5k | - | €22k | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €39k | €67k | €94k | €92k | €112k | - |
| + Depreciation and write-downs630 | €197 | €98 | - | €429 | €5k | - |
| Operating cash flow (approximation) | €39k | €67k | €94k | €93k | €117k | - |
| Change in cash | - | €59k | €105k | €-202k | - | - |
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
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €112k ▲21%
Operating result €155k, net result €112k, both a record.
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €39k ▼4.5%
Net result drops to €39k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €536k ▲7.8%
2 profitable years in a row build equity to €536k.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 14 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
12-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 12 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2002
Ground area
164 m²
Building footprint
88 m²
Volume, LiDAR
704 m³
Parcel 11810K1776/00F003, Flanders · tallest building 14.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Pyckestraat 29, 2018 Antwerpen
since 20022.095.612.843
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1776/00F003 | Flanders | 164 m² | 1 · 88 m² | 14.8 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.
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 4,374 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded20-11-2001
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
Scores and ratios are computed by Checked and are not a credit decision.