IDA
ActiveSummary
IDA has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.61M and a net result of €354k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 13417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €310k at 30 days acceptable
short-term debt: 0.9% and cash: 82.4% of total assets, and 1% of the assets are financed with debt.
Credit check 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 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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
99%
Return on assets
9.7%
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 09-04-2026, 113 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
113 d early
2024
128 d early
2023
146 d early
2022
144 d early
2021
157 d early
2020
40 d early
2019
on the day
← 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, micro schema
Equity
€3.61M▲ 10.9%
2024 · €3.26M
2018: €2.82M
2019: €1.97M▼ -30.1% vs 2018lowest in 8 years
2020: €2.07M▲ +4.9% vs 2019
2021: €2.27M▲ +9.7% vs 2020
2022: €2.56M▲ +12.8% vs 2021
2023: €2.89M▲ +12.8% vs 2022
2024: €3.26M▲ +12.7% vs 2023
2025: €3.61M▲ +10.9% vs 2024highest in 8 years
2018 → 2025
Total assets
€3.65M▲ 10.2%
2024 · €3.31M
2018: €2.93M
2019: €3.45M▲ +17.6% vs 2018
2020: €2.29M▼ -33.5% vs 2019lowest in 8 years
2021: €2.50M▲ +9.0% vs 2020
2022: €2.79M▲ +11.8% vs 2021
2023: €2.94M▲ +5.2% vs 2022
2024: €3.31M▲ +12.7% vs 2023
2025: €3.65M▲ +10.2% vs 2024highest in 8 years
2018 → 2025
Net result
€354k▼ 3.4%
2024 · €367k
2018: €188k
2019: €512k▲ +173% vs 2018highest in 8 years
2020: €97k▼ -81.1% vs 2019lowest in 8 years
2021: €201k▲ +108% vs 2020
2022: €292k▲ +45.0% vs 2021
2023: €328k▲ +12.5% vs 2022
2024: €367k▲ +11.8% vs 2023
2025: €354k▼ -3.4% vs 2024
2018 → 2025
Working capital
€3.50M▲ 10.9%
2024 · €3.16M
2018: €2.82M
2019: €1.97M▼ -30.0% vs 2018lowest in 8 years
2020: €2.03M▲ +2.9% vs 2019
2021: €2.25M▲ +10.7% vs 2020
2022: €2.53M▲ +12.8% vs 2021
2023: €2.78M▲ +9.8% vs 2022
2024: €3.16M▲ +13.6% vs 2023
2025: €3.50M▲ +10.9% vs 2024highest 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€2.27M-€2.56M▲ 12.8%€2.89M▲ 12.8%€3.26M▲ 12.7%€3.61M▲ 10.9%
2021: €2.27Mlowest in 5 years
2022: €2.56M▲ +12.8% vs 2021
2023: €2.89M▲ +12.8% vs 2022
2024: €3.26M▲ +12.7% vs 2023
2025: €3.61M▲ +10.9% vs 2024highest in 5 years
Operating result€274k-€391k▲ 42.9%€441k▲ 12.8%€484k▲ 9.7%€482k▼ 0.3%
2021: €274klowest in 5 years
2022: €391k▲ +42.9% vs 2021
2023: €441k▲ +12.8% vs 2022
2024: €484k▲ +9.7% vs 2023highest in 5 years
2025: €482k▼ -0.3% vs 2024
Net result€201k-€292k▲ 45.0%€328k▲ 12.5%€367k▲ 11.8%€354k▼ 3.4%
2021: €201klowest in 5 years
2022: €292k▲ +45.0% vs 2021
2023: €328k▲ +12.5% vs 2022
2024: €367k▲ +11.8% vs 2023highest in 5 years
2025: €354k▼ -3.4% vs 2024
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 falls in 2025; 2025 is 0% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.65M
Fixed assets
€109k ▲ 10.0%
Current assets
€3.54M ▲ 10.2%
Equity and liabilities €3.65M
Equity
€3.61M ▲ 10.9%
Debt
€36k ▼ 30.5%
Debt's share of the balance-sheet total falls from 1.6% to 1.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€509k▲
2024 · €505k
Cash flow
€381k▼
2024 · €388k
Debt to equity
0.01▼
2024 · 0.02
ROE
9.8%▼
2024 · 11.3%
ROA
9.7%▼
2024 · 11.1%
Interest coverage
79.38▼
2024 · 83.19
Debt ≤ 1 year
€35k▼
2024 · €49k
Income taxes
€157k▼
2024 · €165k
Staff costs
€73k▲
2024 · €70k
A ratio outside any meaningful range has been withheld (balance sheet total €3.65M, equity €3.61M).
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.31M€3.65M▲
Fixed assets21/28€99k€109k▲
Tangible fixed assets22/27€99k€109k▲
Land and buildings22€83k€67k▼
Plant, machinery and equipment23€16k€11k▼
Furniture and vehicles24-€30k
Financial fixed assets28€150€150=
Current assets29/58€3.21M€3.54M▲
Stocks and contracts in progress3€44k€44k▲
Stocks30/36€44k€44k▲
Amounts receivable within one year40/41€5k€30k▲
Trade receivables40€4k€6k▲
Other amounts receivable41€716€24k▲
Current investments50/53€458k€458k=
Cash at bank and in hand54/58€2.70M€3.01M▲
Deferred charges and accrued income490/1€539€1k▲
Equity and liabilities
Total equity and liabilities10/49€3.31M€3.65M▲
Equity10/15€3.26M€3.61M▲
Contributions10/11€19k€19k=
Reserves13€3.24M€3.59M▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€3k=
Distributable reserves133€3.24M€3.59M▲
Amounts payable17/49€51k€36k▼
Amounts payable within one year42/48€49k€35k▼
Trade debts44€8k€41▼
Suppliers440/4€8k€41▼
Taxes, remuneration and social security45€21k€12k▼
Taxes450/3€14k€3k▼
Remuneration and social security454/9€7k€9k▲
Other amounts payable47/48€20k€23k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Non-recurring operating income76A-€3k
Remuneration, social security and pensions62€70k€73k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€26k▲
Other operating charges640/8€5k€5k▼
Gross operating margin9900€580k€586k▲
Operating profit (loss)9901€484k€482k▼
Financial income75/76B€54k€36k▼
Recurring financial income75€54k€36k▼
Financial charges65/66B€6k€6k▲
Recurring financial charges65€6k€6k▲
Profit (loss) for the period before taxes9903€532k€512k▼
Income taxes67/77€165k€157k▼
Profit (loss) for the period9904€367k€354k▼
Profit (loss) for the period to be appropriated9905€367k€354k▼
Appropriation of the result
Profit (loss) to be appropriated9906€367k€354k▼
Transfer to equity691/2€367k€354k▼
To other reserves6921€367k€354k▼
The notes to these accounts (10 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €826 | - | €3k | - |
| Remuneration, social security and pensions62 | - | €68k | €69k | €70k | €73k | ▲ 3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €17k | €18k | €20k | €21k | €26k | ▲ 23.2% |
| Other operating charges640/8 | - | €4k | €4k | €5k | €5k | ▼ 8.5% |
| Gross operating margin9900 | €329k | €482k | €535k | €580k | €586k | ▲ 0.9% |
| Operating profit (loss)9901 | €274k | €391k | €441k | €484k | €482k | ▼ 0.3% |
| Financial income75/76B | - | €42k | €42k | €54k | €36k | ▼ 33.9% |
| Recurring financial income75 | €10k | €42k | €42k | €54k | €36k | ▼ 33.9% |
| Financial charges65/66B | - | €13k | €8k | €6k | €6k | ▲ 5.5% |
| Recurring financial charges65 | €10k | €13k | €8k | €6k | €6k | ▲ 5.5% |
| Profit (loss) for the period before taxes9903 | €273k | €420k | €475k | €532k | €512k | ▼ 3.8% |
| Income taxes67/77 | €72k | €128k | €147k | €165k | €157k | ▼ 4.7% |
| Profit (loss) for the period9904 | €201k | €292k | €328k | €367k | €354k | ▼ 3.4% |
| Profit (loss) for the period to be appropriated9905 | €201k | €292k | €328k | €367k | €354k | ▼ 3.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.50M | €2.79M | €2.94M | €3.31M | €3.65M | ▲ 10.2% |
| Fixed assets21/28 | €126k | €129k | €109k | €99k | €109k | ▲ 10.0% |
| Tangible fixed assets22/27 | €126k | €129k | €109k | €99k | €109k | ▲ 10.0% |
| Land and buildings22 | - | €114k | €98k | €83k | €67k | ▼ 18.7% |
| Plant, machinery and equipment23 | - | €15k | €11k | €16k | €11k | ▼ 28.1% |
| Furniture and vehicles24 | - | - | - | - | €30k | - |
| Financial fixed assets28 | €150 | €150 | €150 | €150 | €150 | = |
| Current assets29/58 | €2.37M | €2.66M | €2.83M | €3.21M | €3.54M | ▲ 10.2% |
| Stocks and contracts in progress3 | €26k | €30k | €40k | €44k | €44k | ▲ 0.6% |
| Stocks30/36 | - | €30k | €40k | €44k | €44k | ▲ 0.6% |
| Amounts receivable within one year40/41 | €30k | €14k | €5k | €5k | €30k | ▲ 483% |
| Trade receivables40 | - | - | €4k | €4k | €6k | ▲ 35.0% |
| Other amounts receivable41 | - | €14k | €798 | €716 | €24k | ▲ 3,257% |
| Current investments50/53 | €448k | €448k | €458k | €458k | €458k | = |
| Cash at bank and in hand54/58 | €1.86M | €2.17M | €2.32M | €2.70M | €3.01M | ▲ 11.2% |
| Deferred charges and accrued income490/1 | - | €271 | €786 | €539 | €1k | ▲ 147% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.50M | €2.79M | €2.94M | €3.31M | €3.65M | ▲ 10.2% |
| Equity10/15 | €2.27M | €2.56M | €2.89M | €3.26M | €3.61M | ▲ 10.9% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2.25M | €2.54M | €2.87M | €3.24M | €3.59M | ▲ 10.9% |
| Non-distributable reserves130/1 | - | €3k | €3k | €3k | €3k | = |
| Reserves not available under the articles1311 | - | €3k | €3k | €3k | €3k | = |
| Distributable reserves133 | - | €2.54M | €2.87M | €3.24M | €3.59M | ▲ 10.9% |
| Amounts payable17/49 | €226k | €228k | €45k | €51k | €36k | ▼ 30.5% |
| Amounts payable after more than one year17 | €100k | €100k | - | - | - | - |
| Financial debts170/4 | - | €100k | - | - | - | - |
| Amounts payable within one year42/48 | €126k | €128k | €45k | €49k | €35k | ▼ 30.0% |
| Trade debts44 | €16k | €12k | €15k | €8k | €41 | ▼ 99.5% |
| Suppliers440/4 | - | €12k | €15k | €8k | €41 | ▼ 99.5% |
| Taxes, remuneration and social security45 | - | €11k | €10k | €21k | €12k | ▼ 43.9% |
| Taxes450/3 | - | €7k | €4k | €14k | €3k | ▼ 79.8% |
| Remuneration and social security454/9 | - | €4k | €6k | €7k | €9k | ▲ 26.4% |
| Other amounts payable47/48 | - | €105k | €19k | €20k | €23k | ▲ 11.7% |
| Accrued charges and deferred income492/3 | - | - | - | €2k | €1k | ▼ 42.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €201k | €292k | €328k | €367k | €354k | ▼ 3.4% |
| + Depreciation and write-downs630 | €17k | €18k | €20k | €21k | €26k | ▲ 23.2% |
| Operating cash flow (approximation) | €218k | €310k | €348k | €388k | €381k | ▼ 1.9% |
| Investment in fixed assets (approximation) | - | €-21k | €0 | €-11k | €-36k | ▼ 225% |
| Change in cash | - | €305k | €153k | €380k | €303k | ▼ 20.4% |
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
09-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
07-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 63.50
Current ratio from 20.79 to 63.50; short-term debt falls from €128k to €45k.
09-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €97k ▼81.1%
Net result drops to €97k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 8current ratio 17.75
Current ratio from 2.34 to 17.75; short-term debt falls from €1.47M to €121k.
31-12
Financial
Equity above €2MEq €2.07M ▲4.9%
3 profitable years in a row build equity to €2.07M.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €512k ▲173%
Net result €512k, the highest in the series.
Show earlier events
28-02
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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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, Kortrijk · 1 establishment unit since 1993
Ground area
255 m²
Parcel 34022G0340/00E000, Flanders. Linked by address, not a title deed.
1 establishment unit
SAVOYARD
since 19932.060.275.644
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022G0340/00E000 | Flanders | 255 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteKortrijk2.060.275.644
Legal Entity Identifier
967600ZS2IY07PRVSE88
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Of 20,501 companies in sector 56111 we hold annual accounts for 11,452. 1,161 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
Founded18-12-1992
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Scores and ratios are computed by Checked and are not a credit decision.