The computed 12-month bankruptcy probability of IG MOTORS is 19.3% (high). The 2023 annual accounts show equity of €1,851 and a net result of -€1,149. The company has been active since 2022 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Signalsraises riskFigures for financial year 2023 (filed 04-11-2023)No main activity registeredEx-officio strike-off in the KBONo filing in 24 months (latest 04-11-2023)Administrative warnings in the KBO publicationsneutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Financial strength, FY 2023
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency62
equity 37.4% of total assets
Liquidity59
short-term debt 62.6% · cash 33.3%
Profitability0
return on assets -23.2%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
19.3%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months11-2024: 6.2%lowest value12-2024: 7.1%▲ +0.9 percentage points vs 11-202401-2025: 10.7%▲ +3.6 percentage points vs 12-202402-2025: 10.9%▲ +0.2 percentage points vs 01-202503-2025: 12.9%▲ +2.0 percentage points vs 02-202504-2025: 15.3%▲ +2.4 percentage points vs 03-202505-2025: 15.2%▼ -0.1 percentage points vs 04-202506-2025: 15.2%● unchanged vs 05-202507-2025: 14.6%▼ -0.6 percentage points vs 06-202508-2025: 14.6%● unchanged vs 07-202509-2025: 14.4%▼ -0.2 percentage points vs 08-202510-2025: 14.4%● unchanged vs 09-202511-2025: 14.9%▲ +0.5 percentage points vs 10-202512-2025: 21.0%▲ +6.1 percentage points vs 11-202501-2026: 21.0%● unchanged vs 12-202502-2026: 21.2%▲ +0.2 percentage points vs 01-2026highest value03-2026: 21.2%● unchanged vs 02-2026highest value04-2026: 21.2%● unchanged vs 03-2026highest value05-2026: 21.2%● unchanged vs 04-2026highest value06-2026: 21.2%● unchanged vs 05-2026highest value07-2026: 19.2%▼ -2.0 percentage points vs 06-202608-2026: 19.2%● unchanged vs 07-202609-2026: 19.3%▲ +0.1 percentage points vs 08-202610-2026: 19.3%● unchanged vs 09-2026
This company filed its 2023 accounts on the deadline day; the Belgian median for financial year 2023 is 3 days before the deadline, and 40% of all filings were late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.