IBIS EFFETS
ActiveSummary
The annual accounts of IBIS EFFETS for fiscal year 2025 show a net loss of 287% of total assets and of 79% of the equity at the start of that year. The 2025 annual accounts show equity of €12k and a net result of €-44k. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 1648 sector peers (fiscal year 2025). The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 3.42 against 8.43 in 2024; short-term debt: 24.8% and cash: 1.8% of total assets), and 24.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.2%
Return on assets
-287%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-44k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
55 d early
2023
47 d early
2022
22 d late
2021
22 d late
2020
25 d late
2019
61 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€12k▼ 79.2%
2024 · €56k
2018: €94k
2019: €69k▼ -26.5% vs 2018
2020: €88k▲ +27.5% vs 2019
2021: €86k▼ -2.9% vs 2020
2022: €101k▲ +17.7% vs 2021
2023: €105k▲ +4.2% vs 2022highest in 8 years
2024: €56k▼ -46.5% vs 2023
2025: €12k▼ -79.2% vs 2024lowest in 8 years
2018 → 2025
Total assets
€16k▼ 75.4%
2024 · €63k
2018: €139khighest in 8 years
2019: €114k▼ -17.8% vs 2018
2020: €111k▼ -2.3% vs 2019
2021: €113k▲ +1.3% vs 2020
2022: €114k▲ +1.4% vs 2021
2023: €111k▼ -2.7% vs 2022
2024: €63k▼ -43.4% vs 2023
2025: €16k▼ -75.4% vs 2024lowest in 8 years
2018 → 2025
Net result
€-44k▼ 58.8%
2024 · €-28k
2018: €21k
2019: €-25k▼ -220% vs 2018
2020: €21k▲ +183% vs 2019
2021: €6k▼ -72.4% vs 2020
2022: €33k▲ +481% vs 2021highest in 8 years
2023: €4k▼ -87.1% vs 2022
2024: €-28k▼ -756% vs 2023
2025: €-44k▼ -58.8% vs 2024lowest in 8 years
2018 → 2025
Working capital
€9k▼ 81.8%
2024 · €51k
2018: €82k
2019: €58k▼ -29.3% vs 2018
2020: €76k▲ +30.0% vs 2019
2021: €75k▼ -1.5% vs 2020
2022: €85k▲ +14.3% vs 2021
2023: €89k▲ +4.8% vs 2022highest in 8 years
2024: €51k▼ -42.9% vs 2023
2025: €9k▼ -81.8% vs 2024lowest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€86k-€101k▲ 17.7%€105k▲ 4.2%€56k▼ 46.5%€12k▼ 79.2%
2021: €86k
2022: €101k▲ +17.7% vs 2021
2023: €105k▲ +4.2% vs 2022highest in 5 years
2024: €56k▼ -46.5% vs 2023
2025: €12k▼ -79.2% vs 2024lowest in 5 years
Operating result€8k-€45k▲ 452%€6k▼ 87.3%€-29k€-45k▼ 56.0%
2021: €8k
2022: €45k▲ +452% vs 2021highest in 5 years
2023: €6k▼ -87.3% vs 2022
2024: €-29k▼ -604% vs 2023
2025: €-45k▼ -56.0% vs 2024lowest in 5 years
Net result€6k-€33k▲ 481%€4k▼ 87.1%€-28k€-44k▼ 58.8%
2021: €6k
2022: €33k▲ +481% vs 2021highest in 5 years
2023: €4k▼ -87.1% vs 2022
2024: €-28k▼ -756% vs 2023
2025: €-44k▼ -58.8% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €45k in 2025 against €29k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16k
Fixed assets
€2k ▼ 52.8%
Current assets
€13k ▼ 77.4%
Equity and liabilities €16k
Equity
€12k ▼ 79.2%
Debt
€4k ▼ 44.1%
Debt's share of the balance-sheet total rises from 10.9% to 24.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-42k▼
2024 · €-26k
Cash flow
€-42k▼
2024 · €-26k
Current ratio
3.42▼
2024 · 8.43
Debt to equity
0.33▲
2024 · 0.12
ROE
-381.5%▼
2024 · -49.9%
ROA
-287.0%▼
2024 · -44.5%
Interest coverage
-177.00▼
2024 · -93.26
Debt ≤ 1 year
€4k▼
2024 · €7k
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 · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€63k€16k▼
Fixed assets21/28€5k€2k▼
Tangible fixed assets22/27€5k€2k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€3k€887▼
Financial fixed assets28€153€153=
Current assets29/58€58k€13k▼
Amounts receivable after more than one year29€9k-
Other amounts receivable291€9k-
Amounts receivable within one year40/41€5k€9k▲
Trade receivables40€1k€5k▲
Other amounts receivable41€4k€4k▼
Current investments50/53-€4k
Cash at bank and in hand54/58€42k€281▼
Deferred charges and accrued income490/1€2k-
Equity and liabilities
Total equity and liabilities10/49€63k€16k▼
Equity10/15€56k€12k▼
Contributions10/11€19k€19k=
Reserves13€66k€66k=
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€66k€66k=
Profit (loss) carried forward14€-28k€-72k▼
Amounts payable17/49€7k€4k▼
Amounts payable within one year42/48€7k€4k▼
Financial debts43€3k€807▼
Credit institutions430/8€3k€807▼
Trade debts44€3k€1k▼
Suppliers440/4€3k€1k▼
Taxes, remuneration and social security45€567€2k▲
Taxes450/3€567€2k▲
Other amounts payable47/48€202-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€387€400▲
Non-recurring operating charges66A€10k-
Gross operating margin9900€-16k€-41k▼
Operating profit (loss)9901€-29k€-45k▼
Financial income75/76B€811€293▼
Recurring financial income75€811€293▼
Financial charges65/66B€281€237▼
Recurring financial charges65€281€237▼
Profit (loss) for the period before taxes9903€-28k€-44k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-28k€-44k▼
Profit (loss) for the period to be appropriated9905€-28k€-44k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-72k▼
Profit (loss) brought forward from the previous period14P-€-28k
Transfer from equity791/2€21k-
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€21k-
Return on contributions (dividend)694€21k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €3k | €2k | €3k | ▲ 14.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €6k | - | - | - | - |
| Other operating charges640/8 | €544 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Non-recurring operating charges66A | - | - | - | €10k | - | - |
| Gross operating margin9900 | €10k | €53k | €9k | €-16k | €-41k | ▼ 155% |
| Operating profit (loss)9901 | €8k | €45k | €6k | €-29k | €-45k | ▼ 56.0% |
| Financial income75/76B | €3k | €2k | €2k | €811 | €293 | ▼ 63.9% |
| Recurring financial income75 | €3k | €2k | €2k | €811 | €293 | ▼ 63.9% |
| Financial charges65/66B | €2k | €786 | €530 | €281 | €237 | ▼ 15.9% |
| Recurring financial charges65 | €2k | €786 | €530 | €281 | €237 | ▼ 15.9% |
| Profit (loss) for the period before taxes9903 | €9k | €46k | €7k | €-28k | €-44k | ▼ 58.8% |
| Income taxes67/77 | €3k | €13k | €3k | €0 | - | - |
| Profit (loss) for the period9904 | €6k | €33k | €4k | €-28k | €-44k | ▼ 58.8% |
| Profit (loss) for the period to be appropriated9905 | €6k | €33k | €4k | €-28k | €-44k | ▼ 58.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €113k | €114k | €111k | €63k | €16k | ▼ 75.4% |
| Fixed assets21/28 | €11k | €15k | €16k | €5k | €2k | ▼ 52.8% |
| Tangible fixed assets22/27 | €11k | €15k | €15k | €5k | €2k | ▼ 54.4% |
| Plant, machinery and equipment23 | - | - | €2k | €2k | €1k | ▼ 29.1% |
| Furniture and vehicles24 | €11k | €15k | €13k | €3k | €887 | ▼ 70.4% |
| Financial fixed assets28 | €62 | €62 | €153 | €153 | €153 | = |
| Current assets29/58 | €102k | €99k | €96k | €58k | €13k | ▼ 77.4% |
| Amounts receivable after more than one year29 | €80k | €57k | €42k | €9k | - | - |
| Other amounts receivable291 | €80k | €57k | €42k | €9k | - | - |
| Amounts receivable within one year40/41 | €10k | €6k | €13k | €5k | €9k | ▲ 65.4% |
| Trade receivables40 | €10k | €2k | €11k | €1k | €5k | ▲ 383% |
| Other amounts receivable41 | €29 | €4k | €2k | €4k | €4k | ▼ 11.3% |
| Current investments50/53 | - | - | - | - | €4k | - |
| Cash at bank and in hand54/58 | €11k | €35k | €40k | €42k | €281 | ▼ 99.3% |
| Deferred charges and accrued income490/1 | €1k | €1k | €1k | €2k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €113k | €114k | €111k | €63k | €16k | ▼ 75.4% |
| Equity10/15 | €86k | €101k | €105k | €56k | €12k | ▼ 79.2% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €67k | €82k | €86k | €66k | €66k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €0 | - | - |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €0 | - | - |
| Distributable reserves133 | €65k | €80k | €85k | €66k | €66k | = |
| Profit (loss) carried forward14 | - | - | - | €-28k | €-72k | ▼ 159% |
| Amounts payable17/49 | €27k | €14k | €6k | €7k | €4k | ▼ 44.1% |
| Amounts payable within one year42/48 | €27k | €14k | €6k | €7k | €4k | ▼ 44.1% |
| Financial debts43 | €2k | €8k | €2k | €3k | €807 | ▼ 74.5% |
| Credit institutions430/8 | €2k | €8k | €2k | €3k | €807 | ▼ 74.5% |
| Trade debts44 | €8k | €6k | €2k | €3k | €1k | ▼ 53.9% |
| Suppliers440/4 | €8k | €6k | €2k | €3k | €1k | ▼ 53.9% |
| Taxes, remuneration and social security45 | €9k | - | €3k | €567 | €2k | ▲ 196% |
| Taxes450/3 | €9k | - | €3k | €567 | €2k | ▲ 196% |
| Other amounts payable47/48 | €8k | €178 | €145 | €202 | - | - |
| Accrued charges and deferred income492/3 | €348 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €33k | €4k | €-28k | €-44k | ▼ 58.8% |
| + Depreciation and write-downs630 | €1k | €1k | €3k | €2k | €3k | ▲ 14.6% |
| Operating cash flow (approximation) | €7k | €34k | €7k | €-26k | €-42k | ▼ 62.8% |
| Investment in fixed assets (approximation) | - | €-5k | €-3k | €8k | €0 | ▼ 100% |
| Change in cash | - | €25k | €4k | €3k | €-42k | ▼ 1,651% |
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
14-09
State Gazette act
Registered-office move · Board meeting2 facts ▸
State Gazette act
Registered-office move · Board meeting
2 facts ▸
- Registered-office move, c/o Coufo Studio - Avenue Van Volxem 311 à 1190 Forest
- Board meeting, 03-09-2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-44k
Net result drops to €-44k, the lowest in the series.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 14.99
Current ratio from 7.22 to 14.99; short-term debt falls from €14k to €6k.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Highest result since 2018net €33k ▲481%
Operating result €45k, net result €33k, both a record.
31-12
Financial
Equity above €100kEq €101k ▲17.7%
3 profitable years in a row build equity to €101k.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
Show earlier events
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 31 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 1983
Ground area
3,014 m²
Building footprint
751 m²
Volume, LiDAR
8,990 m³
2 parcels, Brussels · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
12
companies at this address
See who is registered here
1 establishment unit
Van Volxemlaan 311, 1190 Vorst
since 19832.022.776.632
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21612C0291/00Y011 | Brussels | 2,777 m² | 1 · 568 m² | 15.2 m · 4 fl. |
| 21007A0060/00K004 | Brussels | 236 m² | 1 · 184 m² | 15.5 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
Saklijn
BE 0800.370.457
Antwerpen · Eq €11,667
KUMPPANI
BE 0801.945.421
Destelbergen · Eq €11,679
I-Leadership
BE 1005.063.025
Maaseik · Eq €11,685
Zig Zwag
BE 0779.626.315
Sint-Gillis (bij-Brussel) · Eq €11,627
PETS STUDIOZ
BE 0894.453.232
Gent · Eq €11,620
Of 9,862 companies in sector 73110 we hold annual accounts for 3,753. 2,204 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
Founded03-06-1983
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
Contact
Website
www.ibis-advertising.com
E-mail
info@ibis-advertising.com
Scores and ratios are computed by Checked and are not a credit decision.