Idai
ActiveSummary
Idai has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€12,887) and a net result of -€42,901. Equity is shrinking by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 12% of 7097 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency20▼-17
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.03 in 2024; short-term debt: 84% and cash: 0.9% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-5.3%
Return on assets
-17.7%
Age of the figures
15 mo
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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€12,887
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 04-02-2026, 4 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 · 10 filingsDeviation from the deadline
2025
4 d late
2024
4 d late
2023
2 d late
2022
1 d late
2021
4 d late
2020
6 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 1 day after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 4 February (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€12,887
2024 · €30,014
Total assets
€241,702▼ 4.6%
2024 · €253,274
Net result
-€42,901▲ 16.4%
2024 · -€51,348
Working capital
-€199,195▼ 26.4%
2024 · -€157,530
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€68,643▼ 82.1%-€29,496▲ 57.0%-€313▲ 98.9%-€49,244▼ 15,646%-€41,698▲ 15.3%
Net result-€71,337below the sector's middle half▼ 64.7%-€10,203below the sector's middle half▲ 85.7%-€1,933below the sector's middle half▲ 81.1%-€51,348below the sector's middle half▼ 2,556%-€42,901below the sector's middle half▲ 16.4%
Equity€93,497within the sector's middle half▲ 12.1%€83,294within the sector's middle half▼ 10.9%€81,361within the sector's middle half▼ 2.3%€30,014within the sector's middle half▼ 63.1%-€12,887below the sector's middle half
Total assets€308,958within the sector's middle half▲ 16.7%€304,251within the sector's middle half▼ 1.5%€266,725within the sector's middle half▼ 12.3%€253,274within the sector's middle half▼ 5.0%€241,702within the sector's middle half▼ 4.6%
Debt€191,026▲ 5.3%€220,957▲ 15.7%€185,364▼ 16.1%€223,260▲ 20.4%€254,589▲ 14.0%
Working capital-€78,196below the sector's middle half▲ 5.5%-€115,147below the sector's middle half▼ 47.3%-€107,484below the sector's middle half▲ 6.7%-€157,530below the sector's middle half▼ 46.6%-€199,195below the sector's middle half▼ 26.4%
Solvency30.3%within the sector's middle half▼ 1.2pp27.4%within the sector's middle half▼ 2.9pp30.5%within the sector's middle half▲ 3.1pp11.9%below the sector's middle half▼ 18.7pp-5.3%below the sector's middle half▼ 17.2pp
Current ratio0.22below the sector's middle half=0.18below the sector's middle half▼ 0.040.06below the sector's middle half▼ 0.120.03below the sector's middle half▼ 0.030.02below the sector's middle half▼ 0.01
Return on assets (ROA)-23.1%below the sector's middle half▼ 6.7pp-3.4%below the sector's middle half▲ 19.7pp-0.7%below the sector's middle half▲ 2.6pp-20.3%below the sector's middle half▼ 19.5pp-17.7%below the sector's middle half▲ 2.5pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €41,698 in 2025 against €49,244 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €241,702
Fixed assets
€237,763 ▼ 4.5%
Current assets
€3,939 ▼ 9.2%
Key figures and ratios
EBITDA
-€29,307▲
2024 · -€36,999
Cash flow
-€30,511▲
2024 · -€39,102
Debt to equity
-19.75▼
2024 · 7.44
Interest coverage
-29.70▲
2024 · -30.64
Debt ≤ 1 year
€203,134▲
2024 · €161,869
Debt > 1 year
€51,455▼
2024 · €61,392
Income taxes
€217▼
2024 · €896
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.0%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,940 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €18,863 | €23,268 | €11,946 | €12,245 | €12,391 | ▲ 1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €1,660 | - | - |
| Other operating charges640/8 | - | €4,316 | €2,538 | €13,844 | €1,271 | ▼ 90.8% |
| Non-recurring operating charges66A | - | €865 | - | - | - | - |
| Gross operating margin9900 | -€44,152 | -€1,047 | €14,172 | -€21,495 | -€28,036 | ▼ 30.4% |
| Operating profit (loss)9901 | -€68,643 | -€29,496 | -€313 | -€49,244 | -€41,698 | ▲ 15.3% |
| Financial income75/76B | - | €2 | €0 | - | €0 | - |
| Recurring financial income75 | - | €2 | €0 | - | €0 | - |
| Financial charges65/66B | - | €4,783 | €1,257 | €1,207 | €987 | ▼ 18.3% |
| Recurring financial charges65 | €5,023 | €4,783 | €1,257 | €1,207 | €987 | ▼ 18.3% |
| Profit (loss) for the period before taxes9903 | -€73,666 | -€34,276 | -€1,570 | -€50,451 | -€42,684 | ▲ 15.4% |
| Transfer from deferred taxes780 | - | €24,435 | - | - | - | - |
| Income taxes67/77 | €386 | €361 | €363 | €896 | €217 | ▼ 75.8% |
| Profit (loss) for the period9904 | -€71,337 | -€10,203 | -€1,933 | -€51,348 | -€42,901 | ▲ 16.4% |
| Transfer from tax-exempt reserves789 | - | €73,304 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€63,192 | €63,101 | -€1,933 | -€51,348 | -€42,901 | ▲ 16.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €308,958 | €304,251 | €266,725 | €253,274 | €241,702 | ▼ 4.6% |
| Fixed assets21/28 | €286,644 | €279,362 | €260,058 | €248,936 | €237,763 | ▼ 4.5% |
| Intangible fixed assets21 | €679 | €318 | - | - | - | - |
| Tangible fixed assets22/27 | €285,758 | €278,837 | €260,058 | €248,936 | €237,763 | ▼ 4.5% |
| Land and buildings22 | - | €246,903 | €240,954 | €235,005 | €229,057 | ▼ 2.5% |
| Plant, machinery and equipment23 | - | €7,943 | €8,332 | €5,991 | €3,481 | ▼ 41.9% |
| Furniture and vehicles24 | - | €23,991 | €10,772 | €7,939 | €5,225 | ▼ 34.2% |
| Financial fixed assets28 | €207 | €207 | - | - | - | - |
| Current assets29/58 | €22,314 | €24,889 | €6,667 | €4,338 | €3,939 | ▼ 9.2% |
| Amounts receivable within one year40/41 | €10,670 | €21,490 | €2,539 | €1,404 | €1,192 | ▼ 15.1% |
| Trade receivables40 | - | €21,490 | €1,827 | - | €351 | - |
| Other amounts receivable41 | - | - | €712 | €1,404 | €841 | ▼ 40.1% |
| Cash at bank and in hand54/58 | €11,644 | €3,400 | €3,629 | €2,434 | €2,247 | ▼ 7.7% |
| Deferred charges and accrued income490/1 | - | - | €500 | €500 | €500 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €308,958 | €304,251 | €266,725 | €253,274 | €241,702 | ▼ 4.6% |
| Equity10/15 | €93,497 | €83,294 | €81,361 | €30,014 | -€12,887 | ▼ 143% |
| Contributions10/11 | - | €60,000 | €60,000 | €60,000 | €60,000 | = |
| Capital10 | - | - | - | €60,000 | €60,000 | = |
| Issued capital100 | - | - | - | €60,000 | €60,000 | = |
| Outside capital11 | - | €60,000 | €60,000 | - | - | - |
| Other1109/19 | - | €60,000 | €60,000 | - | - | - |
| Reserves13 | €88,304 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Non-distributable reserves130/1 | - | €6,000 | €6,000 | - | - | - |
| Reserves not available under the articles1311 | - | €6,000 | €6,000 | - | - | - |
| Tax-exempt reserves132 | - | €9,000 | €9,000 | €9,000 | €9,000 | = |
| Distributable reserves133 | - | - | - | €6,000 | €6,000 | = |
| Profit (loss) carried forward14 | -€54,807 | €8,294 | €6,361 | -€44,986 | -€87,887 | ▼ 95.4% |
| Provisions and deferred taxes16 | €24,435 | - | - | - | - | - |
| Amounts payable17/49 | €191,026 | €220,957 | €185,364 | €223,260 | €254,589 | ▲ 14.0% |
| Amounts payable after more than one year17 | €90,516 | €80,921 | €71,213 | €61,392 | €51,455 | ▼ 16.2% |
| Financial debts170/4 | - | €80,921 | €71,213 | €61,392 | €51,455 | ▼ 16.2% |
| Amounts payable within one year42/48 | €100,510 | €140,036 | €114,151 | €161,869 | €203,134 | ▲ 25.5% |
| Current portion of amounts payable after more than one year42 | - | €9,595 | €9,708 | €9,821 | €9,936 | ▲ 1.2% |
| Trade debts44 | €71,921 | €1,278 | €986 | €2,545 | €637 | ▼ 75.0% |
| Suppliers440/4 | - | €1,278 | €986 | €2,545 | €637 | ▼ 75.0% |
| Taxes, remuneration and social security45 | - | €1,366 | - | - | - | - |
| Taxes450/3 | - | €1,366 | - | - | - | - |
| Other amounts payable47/48 | - | €127,797 | €103,458 | €149,502 | €192,561 | ▲ 28.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€71,337 | -€10,203 | -€1,933 | -€51,348 | -€42,901 | ▲ 16.4% |
| + Depreciation and write-downs630 | €18,863 | €23,268 | €11,946 | €12,245 | €12,391 | ▲ 1.2% |
| Operating cash flow (approximation) | -€52,474 | €13,065 | €10,013 | -€39,102 | -€30,511 | ▲ 22.0% |
| Investment in fixed assets (approximation) | - | -€15,986 | €7,358 | -€1,123 | -€1,217 | ▼ 8.4% |
| Change in cash | - | -€8,244 | €229 | -€1,194 | -€187 | ▲ 84.3% |
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
04-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 4 days late
2025
04-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
02-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
01-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
30-06
Financial
Weakest financial yearnet -€71,337
Net result drops to -€71,337, the lowest in the series; recovery starts the following year.
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
29-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
23-12
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 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
Registered office, Brugge · 1 establishment unit since 2007
Ground area
1,494 m²
Building footprint
67 m²
Volume, LiDAR
454 m³
Parcel 31005A0208/00Z000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Langestraat 171, 8000 Brugge
since 20072.167.555.565
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31005A0208/00Z000 | Flanders | 1,494 m² | 1 · 67 m² | 10.2 m · 2 fl. |
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.
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Of 9,863 companies in sector 73110 we hold annual accounts for 3,758. 2,822 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
Founded24-12-2007
Fiscal year end30-06
Activities, NACEBEL 2025
73110Advertising agencies
68110Buying and selling of own real estate
74209Other photographic activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0894457883
Also
9925:BE0894457883
Registered
25-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.