IBP
ActiveSummary
IBP has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €84k and a net result of €32k. Equity is growing by ~52.9% per year across the filed fiscal years. Its solvency ranks better than 62% of 27786 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability96▲+37
Solvency83▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.37 against 2.58 in 2024; short-term debt: 20.6% and cash: 7.3% of total assets), and 42.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 43
Relative position
BE, all sectors
reference
Sector 43
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
57.8%
Return on assets
22.1%
Age of the figures
9 mo
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
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 · 7 filingsDeviation from the deadline
2025
31 d late
2024
11 d late
2023
97 d late
2022
58 d late
2021
115 d late
2020
180 d late
2019
101 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€84k▲ 61.7%
2024 · €52k
2019: €-12k
2020: €-12k
2021: €18k
2022: €30k
2023: €47k
2024: €52k
2019 → 2025
Total assets
€145k▲ 78.3%
2024 · €81k
2019: €42k
2020: €16k
2021: €45k
2022: €67k
2023: €72k
2024: €81k
2019 → 2025
Net result
€32k▲ 562%
2024 · €5k
2019: €-18k
2020: €-120
2021: €30k
2022: €12k
2023: €17k
2024: €5k
2019 → 2025
Working capital
€71k▲ 52.4%
2024 · €47k
2019: €-14k
2020: €-12k
2021: €16k
2022: €29k
2023: €47k
2024: €47k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€18k-€30k▲ 64.3%€47k▲ 56.7%€52k▲ 10.3%€84k▲ 61.7%
Operating result€37k-€19k▼ 49.3%€25k▲ 33.9%€6k▼ 74.9%€46k▲ 629%
Net result€30k-€12k▼ 60.7%€17k▲ 44.8%€5k▼ 71.5%€32k▲ 562%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 629% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €145k
Fixed assets
€44k ▲ 725%
Current assets
€101k ▲ 32.6%
Equity and liabilities €145k
Equity
€84k ▲ 61.7%
Debt
€61k ▲ 108%
Debt's share of the balance-sheet total rises from 36.2% to 42.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▲
2024 · €7k
Cash flow
€36k▲
2024 · €6k
Current ratio
3.37▲
2024 · 2.58
Debt to equity
0.73▲
2024 · 0.57
ROE
38.2%▲
2024 · 9.3%
ROA
22.1%▲
2024 · 6.0%
Interest coverage
37.87▲
2024 · 3.96
Debt ≤ 1 year
€30k▲
2024 · €30k
Debt > 1 year
€31k
Income taxes
€16k▲
2024 · €3k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€81k€145k▲
Fixed assets21/28€5k€44k▲
Tangible fixed assets22/27€5k€44k▲
Plant, machinery and equipment23€771€2k▲
Furniture and vehicles24€5k€43k▲
Current assets29/58€76k€101k▲
Amounts receivable within one year40/41€67k€87k▲
Trade receivables40€12k€9k▼
Other amounts receivable41€55k€78k▲
Cash at bank and in hand54/58€6k€11k▲
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€81k€145k▲
Equity10/15€52k€84k▲
Contributions10/11€6k€6k=
Reserves13€46k€78k▲
Distributable reserves133€46k€78k▲
Amounts payable17/49€30k€61k▲
Amounts payable after more than one year17-€31k
Financial debts170/4-€31k
Amounts payable within one year42/48€30k€30k▲
Current portion of amounts payable after more than one year42-€7k
Trade debts44€5k€993▼
Suppliers440/4€5k€993▼
Advances received on contracts in progress46€7k-
Taxes, remuneration and social security45€17k€21k▲
Taxes450/3€17k€21k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€675€4k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€8k€52k▲
Operating profit (loss)9901€6k€46k▲
Financial income75/76B€3k€4k▲
Recurring financial income75€3k€4k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€7k€48k▲
Income taxes67/77€3k€16k▲
Profit (loss) for the period9904€5k€32k▲
Profit (loss) for the period to be appropriated9905€5k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€32k▲
Transfer to equity691/2€5k€32k▲
To other reserves6921€5k€32k▲
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Highest result since 2019net €32k ▲562%
Operating result €46k, net result €32k, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
05-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 97 days late
2023
27-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 58 days late
2022
23-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 115 days late
27-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 180 days late
2021
31-12
Financial
Back to profitnet €30k
Net result €30k after 2 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 1.60
Current ratio from 0.55 to 1.60; short-term debt falls from €27k to €27k.
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
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, Malle · 1 establishment unit since 2018
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.
Beukenlaan 112390 MalleGround area
849 m²
Building footprint
137 m²
Volume, LiDAR
392 m³
Parcel 11032B0229/02K000, Flanders · tallest building 4.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Vloerwerken Heyns
since 20182.277.483.091
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11032B0229/02K000 | Flanders | 849 m² | 1 · 137 m² | 4.3 m · 1 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.
Similar companies · same sector, comparable size
TALAS CONCEPT
BE 0750.586.493
Kraainem · Eq €84,012
DEQUIREZ
BE 0844.883.757
Heuvelland · Eq €84,177
BAUWST
BE 1007.279.672
Beernem · Eq €83,899
DENEUT BOUWONDERNEMING
BE 0502.331.821
Staden · Eq €83,880
Engels Florian
BE 0763.929.438
Aalter · Eq €83,863
Of 3,962 companies in sector 43331 we hold annual accounts for 1,790. 1,568 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43331Floor and wall tiling
43990Other specialised construction activities
85510Sports and recreation education
96220Beauty care and other beauty treatments
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.