IBR
InactiveIBR was declared bankrupt on 18-06-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 21-01-2025, published in the Belgian State Gazette on 24-01-2025.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline27-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 30-08-2022, 30 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
30 d late
2020
122 d late
2019
140 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 97 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Financials · fiscal year 2021, micro schema
Equity
€22,660▼ 3.2%
2020 · €23,403
Total assets
€31,986▼ 33.8%
2020 · €48,314
Net result
-€743
2020 · €11,791
Working capital
€21,947▼ 16.8%
2020 · €26,389
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result€12,454--€3,603€14,975€2,671▼ 82.2%
Net result€8,692--€6,286€11,791-€743
Equity€17,898-€11,612▼ 35.1%€23,403▲ 102%€22,660▼ 3.2%
Total assets€54,721-€30,193▼ 44.8%€48,314▲ 60.0%€31,986▼ 33.8%
Debt€36,823-€18,581▼ 49.5%€24,911▲ 34.1%€9,326▼ 62.6%
Working capital€24,437-€12,059▼ 50.7%€26,389▲ 119%€21,947▼ 16.8%
Staff (FTE)0.7-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 82% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €31,986
Fixed assets
€713 ▼ 72.7%
Current assets
€31,273 ▼ 31.6%
Equity and liabilities €31,986
Equity
€22,660 ▼ 3.2%
Debt
€9,326 ▼ 62.6%
Debt's share of the balance-sheet total falls from 51.6% to 29.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4,297▼
2020 · €16,707
Cash flow
€883▼
2020 · €13,523
Current ratio
3.35▲
2020 · 2.37
Debt to equity
0.41
ROE
-3.3%▼
2020 · 50.4%
ROA
-2.3%▼
2020 · 24.4%
Interest coverage
1.11
Debt ≤ 1 year
€9,326▼
2020 · €19,311
Income taxes
€908▼
2020 · €3,701
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,700 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,464 | €9,654 | €1,732 | €1,626 | ▼ 6.1% |
| Other operating charges640/8 | - | - | - | €799 | - |
| Gross operating margin9900 | €48,708 | €7,880 | €38,081 | €5,097 | ▼ 86.6% |
| Operating profit (loss)9901 | €12,454 | -€3,603 | €14,975 | €2,671 | ▼ 82.2% |
| Financial income75/76B | - | - | - | €1,354 | - |
| Recurring financial income75 | €75 | €13 | €1,194 | €1,354 | ▲ 13.4% |
| Financial charges65/66B | - | - | - | €3,860 | - |
| Recurring financial charges65 | €1,619 | €2,485 | €677 | €3,860 | ▲ 470% |
| Profit (loss) for the period before taxes9903 | €10,910 | -€6,075 | €15,492 | €165 | ▼ 98.9% |
| Income taxes67/77 | €2,218 | €211 | €3,701 | €908 | ▼ 75.5% |
| Profit (loss) for the period9904 | €8,692 | -€6,286 | €11,791 | -€743 | ▼ 106% |
| Profit (loss) for the period to be appropriated9905 | €8,692 | -€6,286 | €11,791 | -€743 | ▼ 106% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €54,721 | €30,193 | €48,314 | €31,986 | ▼ 33.8% |
| Fixed assets21/28 | €12,919 | €4,346 | €2,614 | €713 | ▼ 72.7% |
| Tangible fixed assets22/27 | €12,554 | €3,851 | €2,119 | €493 | ▼ 76.7% |
| Plant, machinery and equipment23 | - | - | - | €493 | - |
| Financial fixed assets28 | €365 | €495 | €495 | €220 | ▼ 55.6% |
| Current assets29/58 | €41,801 | €25,848 | €45,700 | €31,273 | ▼ 31.6% |
| Amounts receivable within one year40/41 | €32,294 | €17,567 | €34,362 | €20,876 | ▼ 39.2% |
| Trade receivables40 | - | - | - | €2,784 | - |
| Other amounts receivable41 | - | - | - | €18,092 | - |
| Cash at bank and in hand54/58 | €9,507 | €8,281 | €11,338 | €10,397 | ▼ 8.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €54,721 | €30,193 | €48,314 | €31,986 | ▼ 33.8% |
| Equity10/15 | €17,898 | €11,612 | €23,403 | €22,660 | ▼ 3.2% |
| Contributions10/11 | €6,200 | - | - | €6,200 | - |
| Reserves13 | €1,860 | €1,860 | €13,651 | €13,651 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - |
| Distributable reserves133 | - | - | - | €11,791 | - |
| Profit (loss) carried forward14 | €9,838 | €3,552 | €3,552 | €2,809 | ▼ 20.9% |
| Amounts payable17/49 | €36,823 | €18,581 | €24,911 | €9,326 | ▼ 62.6% |
| Amounts payable after more than one year17 | €19,458 | €4,792 | - | - | - |
| Amounts payable within one year42/48 | €17,364 | €13,789 | €19,311 | €9,326 | ▼ 51.7% |
| Financial debts43 | - | - | - | €50 | - |
| Credit institutions430/8 | - | - | - | €50 | - |
| Trade debts44 | €7,606 | €4,061 | €7,892 | €4,359 | ▼ 44.8% |
| Suppliers440/4 | - | - | - | €4,359 | - |
| Taxes, remuneration and social security45 | - | - | - | €4,917 | - |
| Taxes450/3 | - | - | - | €4,917 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8,692 | -€6,286 | €11,791 | -€743 | ▼ 106% |
| + Depreciation and write-downs630 | €9,464 | €9,654 | €1,732 | €1,626 | ▼ 6.1% |
| Operating cash flow (approximation) | €18,156 | €3,368 | €13,523 | €883 | ▼ 93.5% |
| Investment in fixed assets (approximation) | - | -€1,080 | €0 | €275 | - |
| Change in cash | - | -€1,226 | €3,057 | -€940 | ▼ 131% |
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
2025
24-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 21-01-2025
2024
25-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 18-06-2024
2023
15-12
KBO administration
Address struck
Bredabaan 485 2170 Die Sitzadresse Bredabaan 485 2170 Antwer-
Anvers · event 30-04-2023
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 122 days late
2020
31-12
Financial
Back to profitnet €11,791
Net result €11,791 after one loss-making year.
18-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 140 days late
2019
31-12
Financial
Weakest financial yearnet -€6,286
Net result drops to -€6,286, the lowest in the series.
05-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 36 days late
2018
29-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 90 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DIRK DEVROE KROMVENDREEF 15, 2900 SCHOTEN- |
18-06-2024 → 21-01-2025 |
Identification & contact
Identification
Legal formBV
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.