IBF Expertise
The computed 12-month bankruptcy probability of IBF Expertise is 0.9% (low). The 2025 annual accounts show equity of €1.86M and a net result of €129k. Equity is growing by ~13% per year across the filed fiscal years. Its solvency ranks better than 32% of 61 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.86M |
| Net result | €129k |
| Staff (FTE) | 1.8 |
| Better than sector | 32% |
Strong profile, led by stability.
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 | 24.7% | 41.5% | |
| Net result | €129k | €28k | |
| Equity | €1.86M | €361k | |
| Employees (FTE) | 1.8 | 4.9 | |
| Total assets | €7.53M | €922k |
| Fiscal year | 2025 |
|---|---|
| Revenue | €12.22M |
| EBITDA | - |
| Net profit | €129k |
| Cash flow | - |
| Staff costs | €80k |
| Income taxes | - |
| Dividends | €26k |
| Total assets | €7.53M |
| Equity | €1.86M |
| Debt | €5.67M |
| of which ≤ 1y | €3.85M |
| of which > 1y | €1.74M |
| Working capital | €3.67M |
| Employees (FTE) | 1.8 |
| 2025 | |
|---|---|
| Current ratio | 1.95 |
| Quick ratio | 1.95 |
| Working capital ratio | 48.7% |
| Solvency | 24.7% |
| Debt / equity | 3.05 |
| Long-term debt ratio | 0.93 |
| Interest coverage | - |
| Gross margin | 20.9% |
| Net margin | 1.1% |
| ROA | 1.7% |
| ROE | 6.9% |
| EBITDA margin | - |
| Days sales outstanding | 132d |
| Days payable outstanding | 116d |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €7.53M |
| Fixed assets | 21/28 | €12k |
| Financial fixed assets | 28 | €12k |
| Current assets | 29/58 | €7.52M |
| Amounts receivable within one year | 40/41 | €7.29M |
| Cash & bank | 54/58 | €151k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €7.53M |
| Equity | 10/15 | €1.86M |
| Contributions / capital | 10/11 | €522k |
| Reserves | 13 | €1.34M |
| Amounts payable | 17/49 | €5.67M |
| Amounts payable after one year | 17 | €1.74M |
| Amounts payable within one year | 42/48 | €3.85M |
| Trade debts payable within one year | 44 | €3.06M |
| Income statement | ||
| Turnover | 70 | €12.22M |
| Operating result | 9901 | €248k |
| Financial income | 75 | €25k |
| Financial charges | 65 | €144k |
| Result before taxes | 9903 | €129k |
| Net result for the period | 9904 | €129k |
| Result to be appropriated | 9905 | €129k |
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| BV CDO LeuvenCurrent Company auditor · represented by Luk OSTYN |
- | 01-01-2023 → present |
| NACE primary | 82990 |
| Legal form | Public limited company(014) |
| Incorporation | 01-08-2023 |
| Status | Active |
| Postal code | 1050 |
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. |
|---|---|---|---|---|
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
01-04-2026 Act object · General meeting · Officer resignation · Officer appointment
- Act object: DEMISSIONS, NOMINATIONS · IBF Expertise
- General meeting: date: 2026-03-25, type: assemblée générale extraordinaire · IBF Expertise
- Officer resignation: date: 2026-03-25, role: Administrateur · Frédéric André
- Officer appointment: role: Administrateur, term_end: mai 2029 · Benjamin Beaudet
- Board meeting: date: 2026-03-25, type: administrateur unique · IBF Expertise
- Officer resignation: date: 2026-03-25, role: administrateur-délégué · Frédéric André
- Officer resignation: date: 2026-03-25, role: personne déléguée à la gestion journalière · Frédéric André
- Officer resignation: date: 2026-03-25, role: personne déléguée à la gestion journalière · Karina Dzabara
- Officer appointment: role: administrateur-délégué, term_end: mai 2029 · Benjamin Beaudet
- Officer appointment: role: personne délégué à la gestion journalière, term_end: mai 2029 · Benjamin Beaudet
- Filing: date: 2026-03-30 · IBF Expertise
- Publication: date: 2026-04-01, publication: Annexes du Moniteur belge · IBF Expertise
Technical details
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}12-11-2025 Articles of association amended
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}02-07-2025 Change in the board of directors
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}13-08-2024 Articles of association amended
Technical details
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}24-06-2024 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"summary_narrative": "Un projet de scission partielle par absorption est pr\u00E9sent\u00E9 entre la soci\u00E9t\u00E9 IBF INTERNATIONAL CONSULTING SA (partiellement scind\u00E9e) et la soci\u00E9t\u00E9 IBF IMPACT SA (absorbante). Les actifs scind\u00E9s comprennent les contrats de l\u0027Unit\u00E9 Coop\u00E9ration Technique. En \u00E9change de ces actifs, les actionnaires de la soci\u00E9t\u00E9 scind\u00E9e recevront 500 nouvelles actions de la soci\u00E9t\u00E9 absorbante. Le capital de la soci\u00E9t\u00E9 scind\u00E9e sera r\u00E9duit de 66 142,27 euros, tandis que celui de la soci\u00E9t\u00E9 absorbante sera augment\u00E9 de la m\u00EAme somme. La scission est bas\u00E9e sur les comptes arr\u00EAt\u00E9s au 31 d\u00E9cembre 2023.",
"co_filed_documents": [
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}10-11-2023 Luk Ostyn appointed as statutory auditor
- Luk Ostyn, Commissaris
Technical details
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}03-08-2023 Incorporation of a new SNC
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | IBF Expertise |