IDEVY
ActiveSummary
IDEVY has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €277,205 and a net result of -€21,413. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 92% of 36386 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability21▼-6
Solvency100=
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16,000 at 30 days acceptable
Liquidity ample (current ratio 2.69 against 3.27 in 2023; short-term debt: 12.5% and cash: 7.1% of total assets), and 12.5% of the assets are financed with debt.
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Signals
Six 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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
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 2024Solvency, return and age of the figures
Solvency
87.5%
Return on assets
-6.8%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€21,413
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 20-06-2025, 41 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
41 d early
2023
23 d early
2022
24 d early
2021
33 d early
2020
9 d late
2019
55 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 10 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€21,413▼ 43.4%
2023 · -€14,936
Working capital
€67,007▼ 27.3%
2023 · €92,203
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20202021202220232024
Operating result€6,007▼ 78.3%€1,144▼ 81.0%-€14,551-€15,810▼ 8.7%-€27,968▼ 76.9%
Net result€6,142within the sector's middle half▼ 79.1%€2,495within the sector's middle half▼ 59.4%-€12,132below the sector's middle half-€14,936below the sector's middle half▼ 23.1%-€21,413below the sector's middle half▼ 43.4%
Equity€323,191above the sector's middle half▲ 1.9%€325,686above the sector's middle half▲ 0.8%€313,554above the sector's middle half▼ 3.7%€298,618above the sector's middle half▼ 4.8%€277,205above the sector's middle half▼ 7.2%
Total assets€358,727above the sector's middle half▲ 2.1%€377,988above the sector's middle half▲ 5.4%€347,664above the sector's middle half▼ 8.0%€340,605above the sector's middle half▼ 2.0%€316,961above the sector's middle half▼ 6.9%
Debt€35,536▲ 3.3%€52,302▲ 47.2%€34,110▼ 34.8%€41,987▲ 23.1%€39,756▼ 5.3%
Working capital€175,671above the sector's middle half▲ 5.0%€120,881above the sector's middle half▼ 31.2%€109,918above the sector's middle half▼ 9.1%€92,203above the sector's middle half▼ 16.1%€67,007within the sector's middle half▼ 27.3%
Solvency90.1%above the sector's middle half▼ 0.1pp86.2%above the sector's middle half▼ 3.9pp90.2%above the sector's middle half▲ 4.0pp87.7%above the sector's middle half▼ 2.5pp87.5%above the sector's middle half▼ 0.2pp
Current ratio5.94above the sector's middle half▲ 0.083.33above the sector's middle half▼ 2.614.22above the sector's middle half▲ 0.893.27above the sector's middle half▼ 0.952.69within the sector's middle half▼ 0.58
Return on assets (ROA)1.7%within the sector's middle half▼ 6.6pp0.7%below the sector's middle half▼ 1.1pp-3.5%below the sector's middle half▼ 4.1pp-4.4%below the sector's middle half▼ 0.9pp-6.8%below the sector's middle half▼ 2.4pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €27,968 in 2024 against €15,810 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €316,961
Fixed assets
€210,198 ▲ 1.2%
Current assets
€106,763 ▼ 19.6%
Equity and liabilities €316,961
Equity
€277,205 ▼ 7.2%
Debt
€39,756 ▼ 5.3%
Debt's share of the balance-sheet total rises from 12.3% to 12.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€22,668▼
2023 · -€12,141
Cash flow
-€16,113▼
2023 · -€11,267
Quick ratio
1.76▼
2023 · 2.22
Debt to equity
0.14▲
2023 · 0.14
ROE
-7.7%▼
2023 · -5.0%
Interest coverage
3.51▼
2023 · 49.76
Debt ≤ 1 year
€39,756▼
2023 · €40,637
Income taxes
€140▲
2023 · €132
Staff costs
€37,583▼
2023 · €43,921
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,915 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
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 6,915 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €42 | €563 | €69 | €90 | ▲ 30.4% |
| Remuneration, social security and pensions62 | - | €506 | €375 | €43,921 | €37,583 | ▼ 14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,195 | €3,149 | €3,662 | €3,669 | €5,300 | ▲ 44.5% |
| Other operating charges640/8 | - | €1,285 | €1,292 | €1,389 | €1,442 | ▲ 3.8% |
| Non-recurring operating charges66A | - | €29 | €120 | - | - | - |
| Gross operating margin9900 | €11,463 | €6,113 | -€9,102 | €33,169 | €16,357 | ▼ 50.7% |
| Operating profit (loss)9901 | €6,007 | €1,144 | -€14,551 | -€15,810 | -€27,968 | ▼ 76.9% |
| Financial income75/76B | - | €1,104 | €1,020 | €762 | €458 | ▼ 39.9% |
| Recurring financial income75 | €386 | €1,104 | €1,020 | €762 | €458 | ▼ 39.9% |
| Financial charges65/66B | - | -€364 | -€1,519 | -€244 | -€6,237 | ▼ 2,456% |
| Recurring financial charges65 | -€601 | -€364 | -€1,519 | -€244 | -€6,453 | ▼ 2,545% |
| Non-recurring financial charges66B | - | - | - | - | €216 | - |
| Profit (loss) for the period before taxes9903 | €6,257 | €2,612 | -€12,012 | -€14,804 | -€21,273 | ▼ 43.7% |
| Income taxes67/77 | €116 | €117 | €120 | €132 | €140 | ▲ 6.1% |
| Profit (loss) for the period9904 | €6,142 | €2,495 | -€12,132 | -€14,936 | -€21,413 | ▼ 43.4% |
| Profit (loss) for the period to be appropriated9905 | €6,142 | €2,495 | -€12,132 | -€14,936 | -€21,413 | ▼ 43.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €358,727 | €377,988 | €347,664 | €340,605 | €316,961 | ▼ 6.9% |
| Fixed assets21/28 | €147,520 | €205,311 | €203,636 | €207,765 | €210,198 | ▲ 1.2% |
| Tangible fixed assets22/27 | €146,120 | €143,611 | €141,036 | €145,165 | €147,598 | ▲ 1.7% |
| Land and buildings22 | - | €140,390 | €138,638 | €136,886 | €135,134 | ▼ 1.3% |
| Furniture and vehicles24 | - | €3,221 | €2,398 | €8,279 | €12,464 | ▲ 50.5% |
| Financial fixed assets28 | €1,400 | €61,700 | €62,600 | €62,600 | €62,600 | = |
| Current assets29/58 | €211,207 | €172,677 | €144,028 | €132,840 | €106,763 | ▼ 19.6% |
| Stocks and contracts in progress3 | €25,650 | €39,220 | €38,740 | €42,780 | €36,870 | ▼ 13.8% |
| Stocks30/36 | - | €39,220 | €38,740 | €42,780 | €36,870 | ▼ 13.8% |
| Amounts receivable within one year40/41 | €67,632 | €82,323 | €17,328 | €54,687 | €22,297 | ▼ 59.2% |
| Trade receivables40 | - | €42,892 | €16,544 | €50,163 | €19,508 | ▼ 61.1% |
| Other amounts receivable41 | - | €39,431 | €784 | €4,524 | €2,789 | ▼ 38.4% |
| Current investments50/53 | €14,960 | €15,445 | €17,090 | €17,417 | €23,995 | ▲ 37.8% |
| Cash at bank and in hand54/58 | €102,665 | €35,389 | €70,570 | €17,544 | €22,417 | ▲ 27.8% |
| Deferred charges and accrued income490/1 | - | €300 | €300 | €412 | €1,184 | ▲ 187% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €358,727 | €377,988 | €347,664 | €340,605 | €316,961 | ▼ 6.9% |
| Equity10/15 | €323,191 | €325,686 | €313,554 | €298,618 | €277,205 | ▼ 7.2% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | = |
| Issued capital100 | - | - | - | €18,600 | €18,600 | = |
| Reserves13 | €152,165 | €152,165 | €152,165 | €152,165 | €152,165 | = |
| Non-distributable reserves130/1 | - | €2,165 | €2,165 | €2,165 | €2,165 | = |
| Reserves not available under the articles1311 | - | €2,165 | €2,165 | €2,165 | €2,165 | = |
| Distributable reserves133 | - | €150,000 | €150,000 | €150,000 | €150,000 | = |
| Profit (loss) carried forward14 | €152,426 | €154,921 | €142,789 | €127,853 | €106,440 | ▼ 16.7% |
| Amounts payable17/49 | €35,536 | €52,302 | €34,110 | €41,987 | €39,756 | ▼ 5.3% |
| Amounts payable within one year42/48 | €35,536 | €51,796 | €34,110 | €40,637 | €39,756 | ▼ 2.2% |
| Trade debts44 | €26,926 | €50,084 | €23,242 | €28,068 | €26,940 | ▼ 4.0% |
| Suppliers440/4 | - | €50,084 | €23,242 | €28,068 | €26,940 | ▼ 4.0% |
| Taxes, remuneration and social security45 | - | €1,712 | €4,486 | €3,472 | €2,741 | ▼ 21.1% |
| Taxes450/3 | - | €612 | €3,386 | €1,055 | €814 | ▼ 22.8% |
| Remuneration and social security454/9 | - | €1,100 | €1,100 | €2,417 | €1,927 | ▼ 20.3% |
| Other amounts payable47/48 | - | - | €6,382 | €9,097 | €10,075 | ▲ 10.8% |
| Accrued charges and deferred income492/3 | - | €506 | - | €1,350 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,142 | €2,495 | -€12,132 | -€14,936 | -€21,413 | ▼ 43.4% |
| + Depreciation and write-downs630 | €4,195 | €3,149 | €3,662 | €3,669 | €5,300 | ▲ 44.5% |
| Operating cash flow (approximation) | €10,337 | €5,644 | -€8,470 | -€11,267 | -€16,113 | ▼ 43.0% |
| Investment in fixed assets (approximation) | - | -€60,940 | -€1,987 | -€7,798 | -€7,733 | ▲ 0.8% |
| Change in cash | - | -€67,276 | €35,181 | -€53,026 | €4,873 | ▲ 109% |
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
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€21,413
Net result drops to -€21,413, the lowest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 55 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Virton · 1 establishment unit since 2007
Ground area
2,337 m²
Building footprint
648 m²
Volume, LiDAR
525 m³
2 parcels, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
IDEVY
since 20072.161.901.554
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85022B0802/00B002 | Wallonia | 2,231 m² | 1 · 597 m² | - |
| 85045B1197/00G000 | Wallonia | 106 m² | 1 · 51 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
FILIP SACHEM
BE 0810.534.077
Zottegem · Eq €277,094
Chauffage Weets et fils
BE 0419.585.079
Braine-l'Alleud · Eq €277,480
SYSCONSTRUCT
BE 0865.246.928
Anderlecht · Eq €277,518
M-SERVICE
BE 0778.980.670
Bever · Eq €276,805
DELFOSSE PHILIPPE
BE 0545.869.874
Namur · Eq €277,609
Of 9,536 companies in sector 43222 we hold annual accounts for 5,669. 4,619 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 (pre-2019)
Founded24-04-2007
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0888981145
Also
9925:BE0888981145
Registered
20-11-2020
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.