IG Construction
ActiveIG Construction has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 7318 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
76
/ 100
Excellent▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency39▲+12
Growth52▲+20
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.15 in 2024), and 76.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €14k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
50 d early
2024
29 d late
2023
30 d late
2022
31 d late
2021
2 d early
2020
31 d late
2019
81 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▲ 46.5%
2024 · €10k
2018: €11k
2019: €12k
2020: €-6k
2021: €-22k
2022: €-18k
2023: €6k
2024: €10k
2018 → 2025
Total assets
€62k▲ 15.8%
2024 · €53k
2018: €57k
2019: €46k
2020: €68k
2021: €48k
2022: €44k
2023: €56k
2024: €53k
2018 → 2025
Net result
€5k▲ 39.7%
2024 · €3k
2018: €5k
2019: €386
2020: €-17k
2021: €-16k
2022: €3k
2023: €25k
2024: €3k
2018 → 2025
Working capital
€11k▲ 71.7%
2024 · €6k
2018: €-7k
2019: €-2k
2020: €-19k
2021: €-30k
2022: €-27k
2023: €-38
2024: €6k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-22k-€-18k▲ 15.7%€6k€10k▲ 49.8%€14k▲ 46.5%
Operating result€-14k-€5k€26k▲ 423%€4k▼ 83.7%€8k▲ 79.7%
Net result€-16k-€3k€25k▲ 628%€3k▼ 87.0%€5k▲ 39.7%
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 2025; 2025 is 80% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €62k
Fixed assets
€10k▲ 144%
Current assets
€51k▲ 4.7%
Equity and liabilities €62k
Equity
€14k▲ 46.5%
Debt
€47k▲ 8.9%
The debt ratio falls from 81.7% to 76.9%: equity grows faster than debt.
Key figures and ratios
EBITDA
€13k▲
2024 · €12k
Cash flow
€10k▼
2024 · €11k
Solvency
23.1%▲
2024 · 18.3%
Current ratio
1.27▲
2024 · 1.15
Quick ratio
1.26▲
2024 · 1.12
Debt / equity
3.32▼
2024 · 4.47
ROE
31.7%▼
2024 · 33.3%
ROA
7.3%▲
2024 · 6.1%
Interest coverage
22.82▲
2024 · 18.68
Debt
€47k▲
2024 · €44k
Debt ≤ 1 year
€40k▼
2024 · €43k
Debt > 1 year
€7k▲
2024 · €0
Income taxes
€2k▲
2024 · €389
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€53k€62k▲
Fixed assets21/28€4k€10k▲
Intangible fixed assets21€492€312▼
Tangible fixed assets22/27€4k€10k▲
Plant, machinery and equipment23€1k€3k▲
Furniture and vehicles24€2k€7k▲
Current assets29/58€49k€51k▲
Stocks and contracts in progress3€2k€500▼
Stocks30/36€2k€500▼
Amounts receivable within one year40/41€10k€9k▼
Trade receivables40€9k€8k▼
Other amounts receivable41€621€2k▲
Cash at bank and in hand54/58€36k€40k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€53k€62k▲
Equity10/15€10k€14k▲
Contributions10/11€6k€6k=
Reserves13€300€5k▲
Non-distributable reserves130/1€300€300=
Reserves not available under the articles1311€300€300=
Distributable reserves133-€5k
Profit (loss) carried forward14€3k€3k▲
Amounts payable17/49€44k€47k▲
Amounts payable after more than one year17€0€7k▲
Financial debts170/4€0€7k▲
Amounts payable within one year42/48€43k€40k▼
Current portion of amounts payable after more than one year42€3k€2k▼
Trade debts44€755€2k▲
Suppliers440/4€755€2k▲
Taxes, remuneration and social security45€1k€3k▲
Taxes450/3€1k€3k▲
Other amounts payable47/48€38k€34k▼
Accrued charges and deferred income492/3€937€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€6k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€16k€17k▲
Operating profit (loss)9901€4k€8k▲
Financial income75/76B€72€0▼
Recurring financial income75€72€0▼
Financial charges65/66B€634€588▼
Recurring financial charges65€634€588▼
Profit (loss) for the period before taxes9903€4k€7k▲
Income taxes67/77€389€2k▲
Profit (loss) for the period9904€3k€5k▲
Profit (loss) for the period to be appropriated9905€3k€5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€8k▲
Profit (loss) brought forward from the previous period14P€-3€3k▲
Transfer to equity691/2-€5k
To other reserves6921-€5k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2018net €25k ▲628%
Operating result €26k, net result €25k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after 2 loss-making years.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-17k ▼4569%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lebbeke · 1 establishment unit since 2017
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.
Veer 99280 LebbekeGround area
6,552 m²
Building footprint
232 m²
Volume, LiDAR
667 m³
Parcel 42005A0004/00K000, Flanders · tallest building 4.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
IG Construction
since 20172.268.737.651
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42005A0004/00K000 | Flanders | 6,552 m² | 1 · 232 m² | 4.9 m · 1 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.
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Of 29,535 companies in sector 41001 we hold annual accounts for 15,871. 10,398 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-09-2017
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43120Site preparation
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.