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IDVISION

Active Private limited companyfounded 1998active for 28 yearsOude Veurnestraat 50, 8900 YpresKBO/BCE: BE 0462.765.818 #4 oldest company in Ypres, Telecoms and IT sector

Lifetime

20 annual accounts with figures on one time axis, 28 filings since 1998
peak €58,263 (2008)
€43,088▲ 109%
lowest -€7,366 (2014)
€19,666▲ €24,364
peak €179,122 (2008)
€113,023▲ 12.6%
€28,796▼ 55.2%
Board1 name since 2021
1 directorDEGRAUWE Geert
Documentsfilings and deeds
20-08-202620 days late
2025micro format
Gross margin from €20,602 to €43,088Back to profit: €19,666Equity from €100,357 to €113,023Debts from €64,305 to €28,796Cash from €21,820 to €8,950

Key points

from the 2025 annual accounts

Turnover

≈ €140,000 estimated

The micro format states no turnover.

Liquidity

3.69 was 1.66 in 2024

Short-term debts fell from €64,230 to €28,796.

Filings

28 annual accounts since 1998
AprilJune31 JulyOctober200020102020

Seven of the last ten came late. The 2022 accounts came latest: 31 days after the end of the period.

Checked score

95
Excellent
Financially stronger than 56% of micro companies in computer programming and consultancy (NACE 62)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 25,930 companies (NACE 62, micro).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.2% 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.3%▲ +0.1 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.2 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100+14equity 79.7% of total assets
51+3short-term debt 20.3% · cash 6.3%
86+21return on assets 13.9%

Score breakdown

lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Founded in 1998
Equity €113,023 (79.7% of total assets)
Figures for financial year 2025 (filed on 20-08-2026)
Calculation

The band follows from the bankruptcy probability. 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 62, micro). It does better than 85% of them on solvency, 32% on liquidity, 48% on profitability and 59% on growth.

The bankruptcy probability was computed on 07-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 31,368 companies had the same profile as IDVISION has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of IDVISION itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,368 companies, not a prediction for IDVISION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €10,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.69 (1.66 in 2024), above the usual 1.5. Short-term debt is 20.3% and cash 6.3% of total assets. 20.3% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Founded in 1998
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €113,023 (79.7% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 20-08-2026)
NBB · annual accounts
raises risk · 2025 accounts filed 20 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 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 filings
Deviation from the deadline
2025
20 days late
2024
18 days late
2023
23 days late
2022
31 days late
2021
18 days late
2020
11 days early
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 20 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DG
Director
  • DEGRAUWE Geert all the sharesdeed of 20-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0462765818
Change of role: DEGRAUWE Geert, from zijn functie to director “Het onderzoek,de ontwikkeling,de begeleiding,de fabricage,de handel en het in toepassing brengen van alle…” (deed in Dutch) · DEGRAUWE Geert holds all the shares · General meeting of 08-12-2023 · Gazette deed
First establishment IDVISION BVBA, Oude Veurnestraat 50, Ypres
Incorporation published on 17-03-1998 · Gazette deed
All 41 events

Comparable companies

same main activity, similar in size and age
Company
IDVISION Ypres €141,819 €43,088 79.7% -
SIM CONSULT Tremelo €141,638 €42,440 63.4% -
SOFTAVISION Landen €144,008 €45,377 71.6% -
STIPA CONSULT Hamme (Vl.) €135,748 €48,196 78.6% -
ESO - EUROPEAN SOFTWARE OFFICE Braine-le-Comte €159,499 €41,667 74.0% -
STEGEN Kortenaken €134,070 €48,253 89.4% -
ELIWAN Heist-op-den-Berg €138,510 €42,336 88.8% -

These companies have the same main activity as IDVISION: computer programming (NACE 62100). They are comparable in size and age: total assets between €134,000 and €159,000, founded between 1994 and 2002.

Official details

Source: KBO
Status
Active since 06-03-1998Normal situation
Activity
Computer programmingNACE 62100and 2 others
Establishment unit
2.086.031.7188900 Ypres, since 25-03-1998
Financial year end
31 December
Peppol
Reachable since 11-12-2025
Company details

Annual accounts 2025

€141,819▼ 13.9%
Filing
Filed on 20-08-2026
Financials

Insights on IDVISION

IDVISION files the micro format. That format states no turnover. The gross margin rose from €34,741 in 2006 to €43,088 in 2025.

The balance sheet grew most from 2021 to 2022 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about IDVISION

What is the company number of IDVISION?
The company number of IDVISION is 0462.765.818. The VAT number is the same number with BE in front: BE 0462.765.818.
Where is IDVISION based?
The registered office is at Oude Veurnestraat 50, 8900 Ypres.Company details
What does IDVISION do?
According to the KBO register, the main activity is computer programming (NACE 62100).
What is the legal form of IDVISION?
IDVISION is a private limited company (BV).
When was IDVISION founded?
IDVISION was founded on 06-03-1998.
Is IDVISION still active?
Yes, IDVISION is an active enterprise in the KBO register.
What is the turnover of IDVISION?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €43,088 and 84 comparable companies (NACE 62). It probably lies between €110,000 and €190,000.Financials
Is IDVISION profitable?
In financial year 2025, IDVISION made a profit of €19,666.
Where can I find the annual accounts of IDVISION?
IDVISION filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IDVISION due?
IDVISION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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