IECK
ActiveSummary
IECK has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.6m and a net result of €468,336. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 92% of 6550 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability87▲+1
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220,000 at 30 days acceptable
Liquidity ample (current ratio 6.26 against 5.19 in 2023; short-term debt: 12.8% and cash: 22.2% of total assets), and 19.1% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
80.9%
Return on assets
14.3%
Age of the figures
21 mo
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 28-06-2025, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
33 d early
2023
69 d early
2022
63 d early
2021
16 d early
2020
71 d early
2019
113 d early
← 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 61 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
In the rankings
#2 company by equity in Neufchâteau, Wholesale and retail trade sector#3 company by total assets in Neufchâteau, Wholesale and retail trade sector#4 employer in Neufchâteau, Wholesale and retail trade sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€468,336▲ 27.3%
2023 · €368,043
Working capital
€2.2m▲ 17.8%
2023 · €1.9m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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€693,981▲ 40.3%€562,557▼ 18.9%€547,600▼ 2.7%€524,408▼ 4.2%€608,123▲ 16.0%
Net result€473,022above the sector's middle half▲ 51.0%€367,262above the sector's middle half▼ 22.4%€364,016above the sector's middle half▼ 0.9%€368,043above the sector's middle half▲ 1.1%€468,336above the sector's middle half▲ 27.3%
Equity€1.6mabove the sector's middle half▲ 42.3%€1.7mabove the sector's middle half▲ 9.9%€1.9mabove the sector's middle half▲ 11.3%€2.2mabove the sector's middle half▲ 11.7%€2.6mabove the sector's middle half▲ 21.5%
Total assets€2.1mabove the sector's middle half▲ 22.5%€2.3mabove the sector's middle half▲ 9.7%€2.5mabove the sector's middle half▲ 9.0%€2.7mabove the sector's middle half▲ 7.9%€3.3mabove the sector's middle half▲ 19.5%
Debt€527,903▼ 13.7%€575,410▲ 9.0%€587,185▲ 2.0%€559,830▼ 4.7%€625,701▲ 11.8%
Working capital€1.1mabove the sector's middle half▲ 71.5%€1.4mabove the sector's middle half▲ 25.7%€1.6mabove the sector's middle half▲ 13.3%€1.9mabove the sector's middle half▲ 14.5%€2.2mabove the sector's middle half▲ 17.8%
Solvency75.1%above the sector's middle half▲ 10.5pp75.2%above the sector's middle half▲ 0.2pp76.8%above the sector's middle half▲ 1.6pp79.5%above the sector's middle half▲ 2.7pp80.9%above the sector's middle half▲ 1.3pp
Current ratio4.48above the sector's middle half▲ 1.424.56above the sector's middle half▲ 0.084.65above the sector's middle half▲ 0.095.19above the sector's middle half▲ 0.546.26above the sector's middle half▲ 1.07
Return on assets (ROA)22.3%above the sector's middle half▲ 4.2pp15.8%above the sector's middle half▼ 6.5pp14.4%above the sector's middle half▼ 1.4pp13.5%above the sector's middle half▼ 0.9pp14.3%above the sector's middle half▲ 0.9pp
Staff (FTE)9.3within the sector's middle half▲ 24.0%10.1within the sector's middle half▲ 8.6%9.9within the sector's middle half▼ 2.0%10.1within the sector's middle half▲ 2.0%10.9within the sector's middle half▲ 7.9%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 16% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.3m
Fixed assets
€641,115 ▲ 55.5%
Current assets
€2.6m ▲ 13.2%
Equity and liabilities €3.3m
Equity
€2.6m ▲ 21.5%
Debt
€625,701 ▲ 11.8%
Debt's share of the balance-sheet total falls from 20.5% to 19.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€676,681▲
2023 · €574,886
Cash flow
€536,894▲
2023 · €418,521
Quick ratio
5.74▲
2023 · 4.71
Debt to equity
0.24▼
2023 · 0.26
ROE
17.7%▲
2023 · 16.9%
Interest coverage
26.96▼
2023 · 29.27
Debt ≤ 1 year
€419,357▼
2023 · €447,309
Debt > 1 year
€196,229▲
2023 · €109,722
Income taxes
€228,681▲
2023 · €182,925
Staff costs
€392,063▲
2023 · €374,829
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,129 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.6% 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 20,129 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €287,383 | €309,851 | €374,829 | €392,063 | ▲ 4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €64,772 | €49,647 | €48,519 | €50,477 | €68,558 | ▲ 35.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €26,502 | €3,131 | -€29,634 | ▼ 1,046% |
| Other operating charges640/8 | - | €18,120 | €24,972 | €12,523 | €11,840 | ▼ 5.5% |
| Gross operating margin9900 | €982,691 | €917,708 | €957,445 | €965,369 | €1.1m | ▲ 8.9% |
| Operating profit (loss)9901 | €693,981 | €562,557 | €547,600 | €524,408 | €608,123 | ▲ 16.0% |
| Financial income75/76B | - | €6,061 | €15,895 | €46,198 | €113,992 | ▲ 147% |
| Recurring financial income75 | €6,559 | €6,061 | €15,895 | €46,198 | €113,992 | ▲ 147% |
| Financial charges65/66B | - | €18,575 | €22,412 | €19,638 | €25,098 | ▲ 27.8% |
| Recurring financial charges65 | €14,369 | €18,575 | €22,412 | €19,638 | €25,098 | ▲ 27.8% |
| Profit (loss) for the period before taxes9903 | €686,171 | €550,043 | €541,083 | €550,968 | €697,017 | ▲ 26.5% |
| Income taxes67/77 | €213,149 | €182,781 | €177,067 | €182,925 | €228,681 | ▲ 25.0% |
| Profit (loss) for the period9904 | €473,022 | €367,262 | €364,016 | €368,043 | €468,336 | ▲ 27.3% |
| Transfer from tax-exempt reserves789 | - | €12,560 | €1,560 | €1,560 | €1,560 | = |
| Profit (loss) for the period to be appropriated9905 | €474,582 | €379,822 | €365,576 | €369,603 | €469,896 | ▲ 27.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.1m | €2.3m | €2.5m | €2.7m | €3.3m | ▲ 19.5% |
| Fixed assets21/28 | €638,180 | €471,555 | €446,824 | €412,218 | €641,115 | ▲ 55.5% |
| Intangible fixed assets21 | €24,660 | €24,456 | €19,055 | €7,666 | €4,498 | ▼ 41.3% |
| Tangible fixed assets22/27 | €613,520 | €447,099 | €427,769 | €404,552 | €636,617 | ▲ 57.4% |
| Land and buildings22 | - | €427,743 | €404,782 | €382,576 | €357,500 | ▼ 6.6% |
| Plant, machinery and equipment23 | - | €293 | €7,308 | €16,554 | €12,086 | ▼ 27.0% |
| Furniture and vehicles24 | - | €19,063 | €15,679 | €5,422 | €267,032 | ▲ 4,825% |
| Current assets29/58 | €1.5m | €1.9m | €2.1m | €2.3m | €2.6m | ▲ 13.2% |
| Stocks and contracts in progress3 | €177,898 | €172,365 | €195,159 | €212,694 | €219,141 | ▲ 3.0% |
| Stocks30/36 | - | €172,365 | €195,159 | €212,694 | €219,141 | ▲ 3.0% |
| Amounts receivable within one year40/41 | €367,412 | €494,548 | €1.1m | €1.1m | €1.6m | ▲ 44.1% |
| Trade receivables40 | - | €302,797 | €395,375 | €258,217 | €316,746 | ▲ 22.7% |
| Other amounts receivable41 | - | €191,751 | €655,804 | €823,508 | €1.2m | ▲ 50.8% |
| Current investments50/53 | - | - | - | €500,000 | €105,000 | ▼ 79.0% |
| Cash at bank and in hand54/58 | €927,187 | €1.2m | €829,048 | €515,275 | €726,291 | ▲ 41.0% |
| Deferred charges and accrued income490/1 | - | €1,368 | €10,736 | €11,721 | €17,528 | ▲ 49.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.1m | €2.3m | €2.5m | €2.7m | €3.3m | ▲ 19.5% |
| Equity10/15 | €1.6m | €1.7m | €1.9m | €2.2m | €2.6m | ▲ 21.5% |
| Contributions10/11 | - | €18,592 | €20,451 | €20,451 | €20,451 | = |
| Reserves13 | €1.5m | €1.7m | €1.9m | €2.1m | €2.6m | ▲ 22.1% |
| Non-distributable reserves130/1 | - | €1,859 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | - | - | - | - |
| Distributable reserves133 | - | €1.7m | €1.9m | €2.1m | €2.6m | ▲ 22.1% |
| Profit (loss) carried forward14 | €11,228 | €11,228 | €11,228 | €11,228 | €11,228 | = |
| Investment grants15 | - | €17,160 | €15,600 | €14,040 | €12,480 | ▼ 11.1% |
| Amounts payable17/49 | €527,903 | €575,410 | €587,185 | €559,830 | €625,701 | ▲ 11.8% |
| Amounts payable after more than one year17 | €194,481 | €166,279 | €138,492 | €109,722 | €196,229 | ▲ 78.8% |
| Financial debts170/4 | - | €166,279 | €138,492 | €109,722 | €196,229 | ▲ 78.8% |
| Amounts payable within one year42/48 | €330,672 | €406,330 | €448,693 | €447,309 | €419,357 | ▼ 6.2% |
| Current portion of amounts payable after more than one year42 | - | €28,202 | €27,788 | €28,770 | €61,930 | ▲ 115% |
| Trade debts44 | €150,440 | €96,283 | €229,002 | €185,947 | €155,043 | ▼ 16.6% |
| Suppliers440/4 | - | €96,283 | €229,002 | €185,947 | €155,043 | ▼ 16.6% |
| Taxes, remuneration and social security45 | - | €202,855 | €163,113 | €107,218 | €160,242 | ▲ 49.5% |
| Taxes450/3 | - | €148,649 | €121,750 | €59,471 | €77,573 | ▲ 30.4% |
| Remuneration and social security454/9 | - | €54,205 | €41,363 | €47,747 | €82,669 | ▲ 73.1% |
| Other amounts payable47/48 | - | €78,991 | €28,791 | €125,374 | €42,142 | ▼ 66.4% |
| Accrued charges and deferred income492/3 | - | €2,800 | - | €2,800 | €10,116 | ▲ 261% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €473,022 | €367,262 | €364,016 | €368,043 | €468,336 | ▲ 27.3% |
| + Depreciation and write-downs630 | €64,772 | €49,647 | €48,519 | €50,477 | €68,558 | ▲ 35.8% |
| Operating cash flow (approximation) | €537,795 | €416,909 | €412,535 | €418,521 | €536,894 | ▲ 28.3% |
| Investment in fixed assets (approximation) | - | €116,977 | -€23,787 | -€15,872 | -€297,455 | ▼ 1,774% |
| Change in cash | - | €255,930 | -€354,069 | -€313,773 | €211,016 | ▲ 167% |
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
28-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
23-05
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €2mEq €2.2m ▲11.7%
6 profitable years in a row build equity to €2.2m.
29-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
21-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €473,022 ▲51%
Operating result €693,981, net result €473,022, both a record.
09-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €1mEq €1.1m ▲39%
2 profitable years in a row build equity to €1.1m.
06-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 14 days late
2017
09-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-05
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.
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, Neufchâteau · 1 establishment unit since 1999
Ground area
6,770 m²
Building footprint
1,060 m²
Volume, LiDAR
8,647 m³
Parcel 84043A0068/00K000, Wallonia · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Chaussée de Recogne,NEU 40, 6840 Neufchâteau
since 19992.092.299.205
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 84043A0068/00K000 | Wallonia | 6,770 m² | 1 · 1,060 m² | 9.6 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
984500AB515P6FE00C66
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Of 3,223 companies in sector 47400 we hold annual accounts for 1,808. 450 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
Founded16-09-1999
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
62200Computer consultancy and computer facilities management
95100Repair and maintenance of computers and communication equipment
Contact
Website
informatique.kerger.be
E-mail
info@ieck.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466868522
Registered
27-03-2026
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.