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IDAB

Active
Private limited companyfounded 200917 yrs activeRuddervoordsestraat 19A, 8210 Zedelgem, BelgiumKBO/BCE: BE 0810.521.904

IDAB has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €180k and a net result of €23k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 45% of 15368 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2024
77 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability77=
Solvency79▲+7
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity tight (current ratio 1.18 against 0.87 in 2023; short-term debt: 18.5% and cash: 0.5% of total assets), and 45.8% 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 riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
on the day
2023
99 d early
2022
27 d early
2021
31 d late
2020
33 d late
2019
28 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€180k▲ 14.4%
2023 · €158k
2018: €123k 2019: €124k 2020: €138k 2021: €149k 2022: €159k 2023: €158k
2018 → 2024
Total assets
€333k▼ 1.0%
2023 · €336k
2018: €354k 2019: €332k 2020: €318k 2021: €332k 2022: €331k 2023: €336k
2018 → 2024
Net result
€23k▲ 2.5%
2023 · €22k
2018: €26k 2019: €16k 2020: €14k 2021: €12k 2022: €10k 2023: €22k
2018 → 2024
Working capital
€11k
2023 · €-10k
2018: €-18k 2019: €-22k 2020: €-6k 2021: €10k 2022: €5k 2023: €-10k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€138k-€149k▲ 8.5%€159k▲ 6.8%€158k▼ 1.1%€180k▲ 14.4%
Operating result€23k-€21k▼ 9.2%€19k▼ 12.0%€41k▲ 119%€44k▲ 6.0%
Net result€14k-€12k▼ 16.0%€10k▼ 13.5%€22k▲ 119%€23k▲ 2.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2020: €23k€23kNet result 2020: €14k€14kOperating result 2021: €21k€21kNet result 2021: €12k€12kOperating result 2022: €19k€19kNet result 2022: €10k€10kOperating result 2023: €41k€41kNet result 2023: €22k€22kOperating result 2024: €44k€44kNet result 2024: €23k€23k20202021202220232024
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 6% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €333k
Fixed assets €260k▼ 4.5%
Current assets €73k▲ 14.2%
Equity and liabilities €333k
Equity €180k▲ 14.4%
Debt €152k▼ 14.6%
The debt ratio falls from 53.1% to 45.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€57k
2023 · €54k
Cash flow
€36k
2023 · €35k
Solvency
54.2%
2023 · 46.9%
Current ratio
1.18
2023 · 0.87
Quick ratio
1.18
2023 · 0.87
Debt / equity
0.84
2023 · 1.13
ROE
12.6%
2023 · 14.1%
ROA
6.8%
2023 · 6.6%
Interest coverage
7.35
2023 · 7.27
Debt
€152k
2023 · €178k
Debt ≤ 1 year
€62k
2023 · €74k
Debt > 1 year
€88k
2023 · €103k
Income taxes
€13k
2023 · €11k
Staff costs
€121k
2023 · €112k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€336k€333k
Fixed assets21/28€272k€260k
Tangible fixed assets22/27€272k€260k
Land and buildings22€248k€238k
Plant, machinery and equipment23€4k€4k
Furniture and vehicles24€20k€19k
Current assets29/58€64k€73k
Amounts receivable within one year40/41€52k€71k
Trade receivables40€52k€71k
Other amounts receivable41€362€0
Cash at bank and in hand54/58€9k€2k
Deferred charges and accrued income490/1€2k€0
Equity and liabilities
Total equity and liabilities10/49€336k€333k
Equity10/15€158k€180k
Contributions10/11€13k€13k=
Reserves13€145k€168k
Distributable reserves133€145k€168k
Profit (loss) carried forward14-€0
Amounts payable17/49€178k€152k
Amounts payable after more than one year17€103k€88k
Financial debts170/4€103k€88k
Amounts payable within one year42/48€74k€62k
Current portion of amounts payable after more than one year42€18k€18k=
Trade debts44€4k€4k
Suppliers440/4€4k€4k
Taxes, remuneration and social security45€28k€40k
Taxes450/3€14k€25k
Remuneration and social security454/9€14k€15k
Other amounts payable47/48€24k€0
Accrued charges and deferred income492/3€1k€2k
Income statement Code20232024
Remuneration, social security and pensions62€112k€121k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€13k
Other operating charges640/8€9k€9k
Gross operating margin9900€175k€186k
Operating profit (loss)9901€41k€44k
Financial income75/76B€1€2
Recurring financial income75€1€2
Financial charges65/66B€7k€8k
Recurring financial charges65€7k€8k
Profit (loss) for the period before taxes9903€34k€36k
Income taxes67/77€11k€13k
Profit (loss) for the period9904€22k€23k
Profit (loss) for the period to be appropriated9905€22k€23k
Appropriation of the result
Profit (loss) to be appropriated9906€22k€23k
Transfer from equity791/2€24k€0
Transfer to equity691/2€22k€23k
To other reserves6921€22k€23k
Profit to be distributed694/7€24k€0
Return on contributions (dividend)694€24k€0

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
23-04
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet €10k ▼13.5%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €150kEq €159k ▲6.8%
5 profitable years in a row build equity to €159k.
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
02-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 33 days late
2020
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
04-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
14-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 14 days late
2017
06-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
14-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 45 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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
Registered office, Zedelgem · 1 establishment unit since 2009
establishment The establishment unit on the map
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.

Ruddervoordsestraat 19A8210 Zedelgem
Ground area
923 m²
Building footprint
173 m²
Volume, LiDAR
909 m³
Parcel 31040F1444/00V000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IDAB
Ruddervoordsestraat 19a, 8210 ZedelgemCertified accountants and tax accountants
since 20092.232.858.638
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31040F1444/00V000 Flanders 922 m² 1 · 173 m² 7.6 m · 2 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 3 entries · 1,199 EUR awarded · 1,199 EUR paid
Year Entries awardedpaid
2025 1 195 EUR195 EUR
2024 1 255 EUR255 EUR
2022 1 749 EUR749 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 1,199 EUR · 1,199 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 12,175 companies in sector 69201 we hold annual accounts for 7,638. 6,476 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded11-03-2009
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 15 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.

Contact details

1 entry
Website:www.idab.be
Enterprise