IBO
ActiveIBO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €8k. Equity is growing by ~19% per year across the filed fiscal years. Its solvency ranks better than 40% of 13270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability63▲+2
Solvency44▼-3
Growth79▲+17
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.12 in 2024; short-term debt: 61.9% and cash: 29.3% of total assets), and 81.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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 2025Solvency, return and age of the figures
Solvency
18.7%
Return on assets
6.1%
Age of the figures
9 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
105 d late
2023
82 d late
2022
61 d early
2021
26 d early
2020
28 d early
2019
126 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€247k▲ 13.0%
2024 · €219k
2018: €98k
2019: €93k
2020: €101k
2021: €124k
2022: €163k
2024: €219k
2018 → 2025
EBIT margin
8.5%▲ 3.3pp
2024 · 5.3%
2018: 2.9%
2019: 4.5%
2020: 18.2%
2021: 5.8%
2022: 3.4%
2024: 5.3%
2018 → 2025
Net result
€8k▲ 589%
2024 · €1k
2018: €1k
2019: €2k
2020: €15k
2021: €361
2022: €1k
2023: €-1k
2024: €1k
2018 → 2025
Working capital
€13k▲ 330%
2024 · €3k
2018: €-9k
2019: €-2k
2020: €-6k
2021: €-9k
2022: €-10k
2023: €-10k
2024: €3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€124k-€163k▲ 31.1%€219k€247k▲ 13.0%
Equity€15k-€16k▲ 7.2%€15k▼ 6.5%€16k▲ 7.6%€24k▲ 48.9%
Operating result€7k-€6k▼ 22.2%€4k▼ 29.7%€12k▲ 194%€21k▲ 83.4%
Net result€361-€1k▲ 199%€-1k€1k€8k▲ 589%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 83% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €130k
Fixed assets
€37k▼ 22.9%
Current assets
€93k▲ 247%
Equity and liabilities €130k
Equity
€24k▲ 48.9%
Debt
€105k▲ 81.0%
The debt ratio rises from 78.2% to 81.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33k▲
2024 · €22k
Cash flow
€20k▲
2024 · €11k
Solvency
18.7%▼
2024 · 21.8%
Current ratio
1.16▲
2024 · 1.12
Quick ratio
1.06▲
2024 · 0.43
Debt / equity
4.35▲
2024 · 3.58
ROE
32.8%▲
2024 · 7.1%
ROA
6.1%▲
2024 · 1.5%
Interest coverage
3.74▼
2024 · 4.93
Debt
€105k▲
2024 · €58k
Debt ≤ 1 year
€80k▲
2024 · €24k
Debt > 1 year
€24k▼
2024 · €34k
Income taxes
€4k▼
2024 · €6k
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€74k€130k▲
Fixed assets21/28€48k€37k▼
Tangible fixed assets22/27€48k€37k▼
Plant, machinery and equipment23€7k€4k▼
Furniture and vehicles24€40k€33k▼
Current assets29/58€27k€93k▲
Stocks and contracts in progress3€17k€8k▼
Stocks30/36€17k€8k▼
Amounts receivable within one year40/41€6k€47k▲
Trade receivables40€6k€44k▲
Other amounts receivable41€155€3k▲
Cash at bank and in hand54/58€4k€38k▲
Equity and liabilities
Total equity and liabilities10/49€74k€130k▲
Equity10/15€16k€24k▲
Contributions10/11€19k€19k=
Reserves13€936€936=
Non-distributable reserves130/1€936€936=
Reserves not available under the articles1311€936€936=
Profit (loss) carried forward14€-3k€5k▲
Amounts payable17/49€58k€105k▲
Amounts payable after more than one year17€34k€24k▼
Financial debts170/4€34k€24k▼
Amounts payable within one year42/48€24k€80k▲
Current portion of amounts payable after more than one year42€8k€23k▲
Trade debts44€4k€42k▲
Suppliers440/4€4k€42k▲
Taxes, remuneration and social security45€10k€11k▲
Taxes450/3€5k€7k▲
Remuneration and social security454/9€5k€4k▼
Other amounts payable47/48€1k€4k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20242025
Turnover70€219k€247k▲
Goods, raw materials, services and sundry goods60/61€205k€221k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10k€12k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€23k€34k▲
Operating profit (loss)9901€12k€21k▲
Financial income75/76B€2€1▼
Recurring financial income75€2€1▼
Financial charges65/66B€4k€9k▲
Recurring financial charges65€4k€9k▲
Profit (loss) for the period before taxes9903€7k€12k▲
Income taxes67/77€6k€4k▼
Profit (loss) for the period9904€1k€8k▲
Profit (loss) for the period to be appropriated9905€1k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€5k▲
Profit (loss) brought forward from the previous period14P€-4k€-3k▲
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
13-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 105 days late
2024
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
21-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 82 days late
2023
31-12
Financial
Weakest financial yearnet €-1k ▼197%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
03-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €15k ▲585%
Net result €15k, the highest in the series.
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
15-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are 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 1996
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.
Gijzelaarsstraat 42000 AntwerpenGround area
116 m²
Building footprint
116 m²
Volume, LiDAR
1,539 m³
2 parcels, Flanders · tallest building 17.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
MURADIM
since 19962.078.754.936
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3712/00T000 | Flanders | 64 m² | 1 · 64 m² | 15.4 m · 4 fl. |
| 11811L3712/00E002 | Flanders | 52 m² | 1 · 52 m² | 17.1 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.078.754.936
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 8,265 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-10-1996
Fiscal year end31-12
Activities, NACEBEL
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.