IBHive
ActiveIBHive has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €236k and a net result of €41k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 48% of 674 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -4 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▼-1
Solvency91▼-9
Growth78=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 1.94 against 2.71 in 2024), but 52.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
47.4%
Return on assets
8.2%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-01-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
24 d early
2023
1 d early
2022
39 d early
2021
34 d early
2020
47 d early
2019
45 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€0
EBIT margin
Not included in this filing
Net result
€41k▼ 1.3%
2024 · €42k
2019: €36k
2020: €33k
2021: €30k
2022: €27k
2023: €66k
2024: €42k
2019 → 2025
Working capital
€109k▼ 20.4%
2024 · €137k
2019: €20k
2020: €47k
2021: €83k
2022: €121k
2023: €160k
2024: €137k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€155k-€183k▲ 17.7%€249k▲ 36.0%€235k▼ 5.5%€236k▲ 0.4%
Operating result€43k-€42k▼ 3.3%€71k▲ 71.1%€59k▼ 16.6%€60k▲ 1.5%
Net result€30k-€27k▼ 8.8%€66k▲ 140%€42k▼ 36.9%€41k▼ 1.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 1% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €498k
Fixed assets
€273k▲ 141%
Current assets
€225k▲ 3.9%
Equity and liabilities €498k
Equity
€236k▲ 0.4%
Debt
€262k▲ 175%
The debt ratio rises from 28.8% to 52.6%: debt grows faster than equity.
Key figures and ratios
EBITDA
€97k▲
2024 · €85k
Cash flow
€77k▲
2024 · €68k
Solvency
47.4%▼
2024 · 71.2%
Current ratio
1.94▼
2024 · 2.71
Quick ratio
1.94▼
2024 · 2.71
Debt / equity
1.11▲
2024 · 0.40
ROE
17.4%▼
2024 · 17.7%
ROA
8.2%▼
2024 · 12.6%
Interest coverage
30.24▼
2024 · 77.87
Debt
€262k▲
2024 · €95k
Debt ≤ 1 year
€116k▲
2024 · €80k
Debt > 1 year
€138k▲
2024 · €10k
Income taxes
€16k▼
2024 · €17k
Staff costs
€165k▲
2024 · €141k
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€330k€498k▲
Fixed assets21/28€113k€273k▲
Tangible fixed assets22/27€113k€273k▲
Land and buildings22€64k€149k▲
Plant, machinery and equipment23€24k€93k▲
Furniture and vehicles24€25k€30k▲
Current assets29/58€217k€225k▲
Amounts receivable within one year40/41€83k€119k▲
Trade receivables40€37k€44k▲
Other amounts receivable41€46k€75k▲
Current investments50/53€0-
Cash at bank and in hand54/58€127k€86k▼
Deferred charges and accrued income490/1€6k€20k▲
Equity and liabilities
Total equity and liabilities10/49€330k€498k▲
Equity10/15€235k€236k▲
Contributions10/11€52k€52k=
Reserves13€5k€5k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€5k€5k=
Profit (loss) carried forward14€178k€179k▲
Amounts payable17/49€95k€262k▲
Amounts payable after more than one year17€10k€138k▲
Financial debts170/4€10k€138k▲
Amounts payable within one year42/48€80k€116k▲
Current portion of amounts payable after more than one year42€5k€24k▲
Trade debts44€14k€17k▲
Suppliers440/4€14k€17k▲
Taxes, remuneration and social security45€31k€35k▲
Taxes450/3€13k€15k▲
Remuneration and social security454/9€18k€20k▲
Other amounts payable47/48€30k€40k▲
Accrued charges and deferred income492/3€5k€8k▲
Income statement
Code20242025
Remuneration, social security and pensions62€141k€165k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€36k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€3k-
Other operating charges640/8€11k€11k▲
Non-recurring operating charges66A€1k-
Gross operating margin9900€241k€272k▲
Operating profit (loss)9901€59k€60k▲
Financial income75/76B€174€360▲
Recurring financial income75€174€360▲
Financial charges65/66B€1k€3k▲
Recurring financial charges65€1k€3k▲
Profit (loss) for the period before taxes9903€58k€57k▼
Income taxes67/77€17k€16k▼
Profit (loss) for the period9904€42k€41k▼
Profit (loss) for the period to be appropriated9905€42k€41k▼
Appropriation of the result
Profit (loss) to be appropriated9906€208k€219k▲
Profit (loss) brought forward from the previous period14P€166k€178k▲
Transfer from equity791/2€25k-
Transfer to equity691/2€0-
Profit to be distributed694/7€55k€40k▼
Return on contributions (dividend)694€55k€40k▼
Social balance
Average headcount (FTE)90871.0-
The notes to these accounts (8 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
28-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Highest result since 2019net €66k ▲140%
Operating result €71k, net result €66k, both a record.
30-06
Financial
Liquidity triplescurrent ratio 5.49
Current ratio from 1.84 to 5.49; short-term debt falls from €145k to €36k.
30-06
Financial
Equity above €200kEq €249k ▲36%
5 profitable years in a row build equity to €249k.
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Weakest financial yearnet €27k ▼8.8%
Net result drops to €27k, the lowest in the series; recovery starts the following year.
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
30-06
Financial
Equity above €150kEq €155k ▲24%
3 profitable years in a row build equity to €155k.
2020
15-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Equity above €100kEq €125k ▲36.2%
2 profitable years in a row build equity to €125k.
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
15-12
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
13-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2022
81B Invest
CurrentDirector · since 24-08-2022 · Private limited company · perm. rep.: Bruno Roloux
24-08-2022
81B Invest: Appointed as Director
24-08-2022
Jean Jacob: Resigned as Director
Location & real-estate footprint
Registered office, Herstal · 1 establishment unit since 1989
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.
Rue d'Abhooz 274040 HerstalGround area
2,776 m²
Building footprint
412 m²
Parcel 62312A0453/00F002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Rue d'Abhooz 27, 4040 Herstal
since 19892.041.686.682
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62312A0453/00F002 | Wallonia | 2,776 m² | 1 · 412 m² | - |
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.
Similar companies · same sector, comparable size
DEPREITERE
BE 0877.161.201
Geraardsbergen · Eq €236k
Etablissement VAN SULL
BE 0421.321.874
Meise · Eq €236k
Proove
BE 0473.167.681
Antwerpen · Eq €237k
ADW MANAGEMENT
BE 0890.930.152
Sint-Pieters-Woluwe · Eq €237k
POLARIS COMPUTERS
BE 0461.143.245
Ukkel · Eq €234k
Of 2,120 companies in sector 46500 we hold annual accounts for 1,400. 1,073 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-12-1988
Fiscal year end30-06
Activities, NACEBEL
46500Wholesale of information and communication equipment
46510Wholesale trade
51840
58290Other software publishing
72210
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.