Financials
- Financial year
- 2025
- Total assets
- €299,053
- Profit
- €7,809
- Solvency
- 56.9%
Total assets▲ 2.1%
Net result
20182025
IDEA
ActiveSummary
IDEA has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €170,161 and a net result of €7,809. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 65% of 9,816 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Activity
Other building finishing work
NACE 43350
2 sites
Size
≈ €130,000turnover 2025, estimated
- Equity
- €170,161
- Profit
- €7,809
Turnover estimated from the gross margin
Structure
- BAERT Eddy JoëlManaging director
- VERLEYSEN Nathalie Leopold GabyDirector
2025 accounts filed 22 days late1 of 3 deeds summarised
Why 66raises riskLast filed accounts filed 22 days late; 2 of the last 3 lateSector: Specialised construction activities (NACE 43)Liquidity: current ratio 2.07, cash €460, halvedlowers riskFounded in 1988Show the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 42% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency
82+2
equity 56.9% of total assets
Liquidity
30-1
short-term debt 43.1% · cash 0.2%
Profitability
72-4
return on assets 2.6%
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.3%
12-2024: 1.3%● unchanged vs 11-2024
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.2%▼ -0.1 percentage points vs 04-2025
06-2025: 1.2%● unchanged vs 05-2025
07-2025: 1.4%▲ +0.2 percentage points vs 06-2025
08-2025: 1.8%▲ +0.4 percentage points vs 07-2025
09-2025: 2.0%▲ +0.2 percentage points vs 08-2025
10-2025: 2.6%▲ +0.6 percentage points vs 09-2025highest value
11-2025: 0.9%▼ -1.7 percentage points vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.9%● unchanged vs 05-2026lowest value
07-2026: 0.9%● unchanged vs 06-2026
08-2026: 1.3%▲ +0.4 percentage points vs 07-2026
09-2026: 1.1%▼ -0.2 percentage points vs 08-2026
10-2026: 1.1%● unchanged vs 09-2026
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.07, compared with 1.96 in 2024, above the usual 1.5; short-term debt: 43.1% and cash: 0.2% of total assets), and 43.1% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 62% on solvency, 18% on liquidity, 42% on profitability and 46% on growth.
The bankruptcy probability was computed on 28-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 22 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-08-2026, 22 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
22 days late
2024
61 days late
2023
61 days late
2022
30 days late
2021
316 days late
2020
6 days late
2019
157 days late
← 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 93 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 September (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
29-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · micro…
- Equity above €150,000equity €162,352 ▲12.1%
Key points
By topic
Board & ownership
- Board
- 2 members
- BAERT Eddy JoëlManaging director
- VERLEYSEN Nathalie Leopold GabyDirector
Timeline
- Events
- 43
- Since
- 1990
- Next accounts
- by 31-07-2027
- 30-09-2024Annual accounts filed
- 16-01-2024Amendment of the articles · Miscellaneous
- 31-12-2023Back to profit
Company details
- Sites
- 2
- Legal form
- Public limited company
- Activity
- Other building finishing workNACE 43350
- Founded
- 06-10-1988
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 39
- Annual meeting
- Last Wednesday of May at 15:00
Key facts about IDEA
- What is the company number of IDEA?
- 0435.382.124. In Belgium the VAT number is the company number with BE in front: BE 0435.382.124.
- Where is IDEA based?
- The registered office is at Kanunnik Duclosstraat 27, 8000 Brugge.Company details
- What does IDEA do?
- According to the KBO register, the main activity is other building finishing work (NACE 43350).
- What is the legal form of IDEA?
- Public limited company (NV).
- When was IDEA founded?
- On 06-10-1988.
- Is IDEA still active?
- Yes, IDEA is an active enterprise in the KBO register.
- What is the turnover of IDEA?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is IDEA profitable?
- In financial year 2025, IDEA made a profit of €7,809.
- Where can I find the annual accounts of IDEA?
- IDEA filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IDEA due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to IDEA
Comparable companies
- AVW BEHEERAntwerpen
- COLETTO & associésLinkebeek
- P.J.T.Brussel
- TONYGROUPESint-Jans-Molenbeek
- MitrickOudsbergen
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.