IFA GROUP
ActiveThe computed 12-month bankruptcy probability of IFA GROUP is 1.9% (moderate). The 2024 annual accounts show equity of €56k and a net result of €26k. Equity is growing by ~57.8% per year across the filed fiscal years. Its solvency ranks better than 85% of 26043 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+42
Solvency100▲+41
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity ample (current ratio 3.06 against 1.25 in 2023; short-term debt: 22.8% and cash: 17.8% of total assets), and 23.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-12-2025, 131 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
131 d late
2023
40 d late
2022
70 d late
2021
61 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€56k▲ 85.4%
2023 · €30k
2021: €8k
2022: €24k
2023: €30k
2021 → 2024
Total assets
€73k▼ 16.1%
2023 · €87k
2021: €43k
2022: €79k
2023: €87k
2021 → 2024
Net result
€26k▲ 365%
2023 · €6k
2021: €7k
2022: €17k
2023: €6k
2021 → 2024
Working capital
€34k▲ 184%
2023 · €12k
2021: €3k
2022: €19k
2023: €12k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€8k-€24k▲ 210%€30k▲ 22.5%€56k▲ 85.4%
Operating result€8k-€18k▲ 143%€12k▼ 34.7%€33k▲ 176%
Net result€7k-€17k▲ 141%€6k▼ 66.8%€26k▲ 365%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 176% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €73k
Fixed assets
€22k▼ 19.7%
Current assets
€51k▼ 14.4%
Equity and liabilities €73k
Equity
€56k▲ 85.4%
Debt
€17k▼ 69.5%
The debt ratio falls from 65.5% to 23.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€39k▲
2023 · €17k
Cash flow
€31k▲
2023 · €11k
Solvency
76.2%▲
2023 · 34.5%
Current ratio
3.06▲
2023 · 1.25
Quick ratio
1.62▲
2023 · 0.97
Debt / equity
0.31▼
2023 · 1.90
ROE
46.1%▲
2023 · 18.4%
ROA
35.1%▲
2023 · 6.3%
Interest coverage
14.60▲
2023 · 3.74
Debt
€17k▼
2023 · €57k
Debt ≤ 1 year
€17k▼
2023 · €47k
Debt > 1 year
€753▼
2023 · €10k
Income taxes
€5k▲
2023 · €2k
Staff costs
€2k▼
2023 · €20k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€87k€73k▼
Fixed assets21/28€27k€22k▼
Tangible fixed assets22/27€21k€15k▼
Furniture and vehicles24€21k€15k▼
Financial fixed assets28€7k€7k=
Current assets29/58€60k€51k▼
Stocks and contracts in progress3€14k€24k▲
Stocks30/36€14k€24k▲
Amounts receivable within one year40/41€40k€14k▼
Trade receivables40€37k€10k▼
Other amounts receivable41€3k€4k▲
Cash at bank and in hand54/58€6k€13k▲
Equity and liabilities
Total equity and liabilities10/49€87k€73k▼
Equity10/15€30k€56k▲
Contributions10/11€1k€1k=
Profit (loss) carried forward14€29k€55k▲
Amounts payable17/49€57k€17k▼
Amounts payable after more than one year17€10k€753▼
Financial debts170/4€10k€753▼
Amounts payable within one year42/48€47k€17k▼
Current portion of amounts payable after more than one year42€8k€9k▲
Trade debts44€33k€7k▼
Suppliers440/4€33k€7k▼
Taxes, remuneration and social security45€600€688▲
Taxes450/3€600€450▼
Remuneration and social security454/9-€238
Other amounts payable47/48€5k-
Income statement
Code20232024
Remuneration, social security and pensions62€20k€2k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▲
Other operating charges640/8€416€654▲
Gross operating margin9900€38k€41k▲
Operating profit (loss)9901€12k€33k▲
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€7k€31k▲
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€6k€26k▲
Profit (loss) for the period to be appropriated9905€6k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€55k▲
Profit (loss) brought forward from the previous period14P€23k€29k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 131 days late
2024
31-12
Financial
Highest result since 2021net €26k ▲365%
Operating result €33k, net result €26k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.06
Current ratio from 1.25 to 3.06; short-term debt falls from €47k to €17k.
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 40 days late
2023
31-12
Financial
Weakest financial yearnet €6k ▼66.8%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Overijse · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Waversesteenweg 78A3090 OverijseGround area
107 m²
Building footprint
106 m²
Volume, LiDAR
744 m³
Parcel 23546L0194/00H000, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
DE KRUISING
since 20212.313.356.562
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23546L0194/00H000 | Flanders | 107 m² | 1 · 106 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Food safety, FASFC
1 siteOverijse2.313.356.562
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Of 2,348 companies in sector 47621 we hold annual accounts for 1,246. 1,107 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-2021
Fiscal year end31-12
Activities, NACEBEL
47620Retail trade
47621Retail sale of newspapers and periodicals
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.