IBF CONNECT
ActiveIBF CONNECT has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €939k and a net result of €155k. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 23% of 922 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
68
/ 100
Healthy▲ +7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability56▲+38
Solvency26▲+3
Growth85=
Stability94
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity tight (current ratio 1.24 against 1.23 in 2024), and 85.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
14.6%
Return on assets
2.4%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 922 sector peers (2025).
NBB · sector comparisonPosition among 922 sector peers
Solvency
better than 23%
← weakest
strongest →
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 26-05-2026, 66 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
66 d early
2024
44 d early
2023
56 d early
← before the deadline
after the deadline →
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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€13.87M▲ 49.4%
2024 · €9.29M
2023: €7.01M
2024: €9.29M
2023 → 2025
EBIT margin
2.0%▲ 1.0pp
2024 · 1.0%
2023: 1.0%
2024: 1.0%
2023 → 2025
Net result
€155k▲ 837%
2024 · €17k
2023: €8k
2024: €17k
2023 → 2025
Working capital
€1.24M▼ 14.3%
2024 · €1.45M
2023: €799k
2024: €1.45M
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Turnover€7.01M-€9.29M▲ 32.6%€13.87M▲ 49.4%
Equity€799k-€815k▲ 2.1%€939k▲ 15.2%
Operating result€71k-€94k▲ 32.3%€282k▲ 199%
Net result€8k-€17k▲ 107%€155k▲ 837%
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 199% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.43M
Fixed assets
€60=
Current assets
€6.43M▼ 16.3%
Equity and liabilities €6.43M
Equity
€939k▲ 15.2%
Debt
€5.49M▼ 20.0%
The debt ratio falls from 89.4% to 85.4%: equity grows while debt is paid down.
Key figures and ratios
Solvency
14.6%▲
2024 · 10.6%
Current ratio
1.24▲
2024 · 1.23
Quick ratio
1.24▲
2024 · 1.23
Debt / equity
5.85▼
2024 · 8.42
ROE
16.5%▲
2024 · 2.0%
ROA
2.4%▲
2024 · 0.2%
Debt
€5.49M▼
2024 · €6.87M
Debt ≤ 1 year
€5.19M▼
2024 · €6.24M
Debt > 1 year
€300k▼
2024 · €600k
Income taxes
€56k▲
2024 · €11k
Staff costs
€453k▼
2024 · €504k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€7.68M€6.43M▼
Fixed assets21/28€60€60=
Financial fixed assets28€60€60=
Other financial fixed assets284/8€60€60=
Amounts receivable and cash guarantees285/8€60€60=
Current assets29/58€7.68M€6.43M▼
Amounts receivable within one year40/41€6.56M€5.50M▼
Trade receivables40€5.73M€4.93M▼
Other amounts receivable41€823k€572k▼
Cash at bank and in hand54/58€685k€790k▲
Deferred charges and accrued income490/1€442k€135k▼
Equity and liabilities
Total equity and liabilities10/49€7.68M€6.43M▼
Equity10/15€815k€939k▲
Contributions10/11€184k€184k=
Capital10€184k€184k=
Issued capital100€184k€184k=
Outside capital11€85€85▼
Share premium1100/10€85€85▼
Reserves13€630k€754k▲
Non-distributable reserves130/1€18k€18k=
Legal reserve130€18k€18k=
Distributable reserves133€612k€736k▲
Profit (loss) carried forward14€409€409▼
Amounts payable17/49€6.87M€5.49M▼
Amounts payable after more than one year17€600k€300k▼
Advances received on contracts in progress176€600k€300k▼
Amounts payable within one year42/48€6.24M€5.19M▼
Trade debts44€2.00M€2.05M▲
Suppliers440/4€2.00M€2.05M▲
Advances received on contracts in progress46€882k€764k▼
Taxes, remuneration and social security45€62k€82k▲
Taxes450/3€11k€54k▲
Remuneration and social security454/9€51k€28k▼
Other amounts payable47/48€3.29M€2.29M▼
Accrued charges and deferred income492/3€31k€1k▼
Income statement
Code20242025
Operating income70/76A€9.29M€13.87M▲
Turnover70€9.29M€13.87M▲
Other operating income74€643€219▼
Operating charges60/66A€9.19M€13.59M▲
Goods for resale, raw materials and consumables60€7.58M€12.16M▲
Purchases600/8€7.58M€12.16M▲
Services and other goods61€1.11M€982k▼
Remuneration, social security and pensions62€504k€453k▼
Operating profit (loss)9901€94k€282k▲
Financial income75/76B€12k€17k▲
Recurring financial income75€12k€17k▲
Income from current assets751-€9k
Other financial income752/9€12k€8k▼
Financial charges65/66B€79k€88k▲
Recurring financial charges65€79k€88k▲
Debt charges650€48k€38k▼
Other financial charges652/9€31k€50k▲
Profit (loss) for the period before taxes9903€27k€211k▲
Income taxes67/77€11k€56k▲
Taxes670/3€11k€56k▲
Tax adjustments and reversals of tax provisions77€46-
Profit (loss) for the period9904€17k€155k▲
Profit (loss) for the period to be appropriated9905€17k€155k▲
Appropriation of the result
Profit (loss) to be appropriated9906€17k€155k▲
Profit (loss) brought forward from the previous period14P€409€409▼
Transfer to equity691/2€17k€124k▲
To other reserves6921€17k€124k▲
Profit to be distributed694/7-€31k
Return on contributions (dividend)694-€31k
Social balance
Average headcount (FTE)90875.03.5▼
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2023net €155k ▲837%
Operating result €282k, net result €155k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
25-03-2026
André Frédéric: Resigned as Managing director
25-03-2026
Karina Dzabara: Resigned as Managing director
12-05-2025
Riccardo Innocenti: Resigned as Managing director
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louizalaan 209 A1050 ElseneGround area
700 m²
Building footprint
700 m²
Volume, LiDAR
16,134 m³
Parcel 21807G0120/00L005, Brussels · tallest building 32.2 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
IBF CONNECT
since 20232.342.612.950
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
European Union, budget
2022 to 2025 · 120 entries · 15,818,973 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 54 | 3,116,230 EUR |
| 2024 | 56 | 3,712,281 EUR |
| 2023 | 9 | 7,990,462 EUR |
| 2022 | 1 | 1,000,000 EUR |
Projects
EU POLICY AND OUTREACH PARTNERSHIP IN THE US AND POLICY DIALOGUE SUPPORT FACILITY US
IBF & PROSAFE - ADMIN & TECHN. SECR. OF THE COORDINATION GROUPS FOR ADMINISTRATIVE COOPERATION ON MARKET SURVEILLANCE
MANAGEMENT OF THE ADMINISTRATIVE AND TECHNICAL SECRETARIAT OF THE COORDINATION GROUPS FOR ADMINISTRATIVE COOPERATION ON MARKET SURVEILLANCE
MANAGEMENT OF THE ADMINISTRATIVE AND TECHNICAL SECRETARIAT OF THE `COORDINATION GROUPS FOR ADMINISTRATIVE COOPERATION ON MARKET SURVEILLANCE
FPI.1/2/3 EVENT FACILITY 2024 NDICI
Show 35 more projects
MANAGEMENT OF THE ADMINISTRATIVE AND TECHNICAL SECRETARIAT OF THE COORDINATION GROUPS FOR ADMINISTRATIVE COOPERATION ON MARKET SURVEILLANCE
EU-UKRAINE DEFENCE INDUSTRIAL FORUM
PUBLIC DIPLOMACY - MONGOLIA
4TH EU COMMON SECURITY AND DEFENCE POLICY (CSDP) SEMINAR WITH LATIN AMERICAN COUNTRIES
ORGANISATION OF THE EU-NGO HUMAN RIGHTS FORUM 2023 - PCF FWC
PUBLIC DIPLOMACY - MONGOLIA
ORGANISATION OF THE FOCAL POINTS SEMINAR 2025.
SERVICES FOR ORGANISATION OF CORPORATE EVENTS (CAMPAIGN SUMMIT)
MANAGEMENT OF THE ADMINISTRATIVE AND TECHNICAL SECRETARIAT OF THE COORDINATION GROUPS FOR ADMINISTRATIVE COOPERATION ON MARKET SURVEILLANCE
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
SERVICES FOR ORGANISATION OF CORPORATE EVENTS (FOCAL POINTS AND MANAGEMENT BOARD MEETINGS)
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
SERVICES FOR ORGANISATION OF CORPORATE EVENTS (EXCHANGE EVENT IN BRUSSELS)
EVENT MANAGEMENT SERVICES
MANAGEMENT BOARD MEETING VENUE - 12/2025
EVENT MANAGEMENT SERVICES
SERVICES FOR ORGANISATION OF CORPORATE EVENTS (OIRA-IRAT MEETING)
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
EVENT MANAGEMENT SERVICES
Recognitions · licences · registrations
Legal Entity Identifier
6994002119S4FLHKU661
Similar companies · same sector, comparable size
JMS Management Services
BE 0806.062.179
Juprelle · Eq €939k
Bouwadvies BDS
BE 0877.142.294
Sint-Niklaas · Eq €939k
CSaund-Consulting
BE 0740.836.906
Vorst · Eq €939k
REACFIN
BE 0862.986.729
Ottignies-Louvain-la-Neuve · Eq €939k
Lagom Projects
BE 0714.966.016
Zoersel · Eq €940k
Of 82,218 companies in sector 70200 we hold annual accounts for 52,396. 28,423 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded10-03-2023
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
82990Other business support services
58120Publishing activities
58190Other publishing activities, excluding software publishing
62900Other information technology and computer services
70220Business consulting
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.