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IGD PRO

Active
Private limited companyfounded 2024active for 1 yearRue des Pères 30, 6880 Bertrix, BelgiumKBO/BCE: BE 1017.518.320
Summary

IGD PRO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€19,982) and a net result of -€24,982. The computed 12-month bankruptcy probability is 0.7% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00458937.

Equity
-€19,982
Total assets
€606,603
Net result
-€24,982
Working capital
-€220,985

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €606,603
Fixed assets €602,612
Current assets €3,991
Equity and liabilities
Equity-€19,982
Debt€626,586
Equity is negative: debt (€626,586) exceeds the balance-sheet total (€606,603).
Key figures and ratios
2025 value
EBITDA
€18,349
Cash flow
€4,292
Solvency
-3.3%
Current ratio
0.02
ROA
-4.1%
Interest coverage
1.31
Debt
€626,586
Debt ≤ 1 year
€224,976
Debt > 1 year
€398,202
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 152 companies that looked in July 2024 the way this one looks now, 0.0% went bankrupt within 24 months and 99.3% are still going.

  • Small
  • under 2 years old
  • negative equity
  • a small loss
0.0% went bankrupt
0.7% stopped otherwise
99.3% still going

For this company itself Checked computes a higher bankruptcy probability: 0.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 152 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
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€606,603
Fixed assets21/28€602,612
Tangible fixed assets22/27€602,612
Land and buildings22€602,612
Current assets29/58€3,991
Amounts receivable within one year40/41€200
Trade receivables40€200
Cash at bank and in hand54/58€2,697
Deferred charges and accrued income490/1€1,094
Equity and liabilities
Total equity and liabilities10/49€606,603
Equity10/15-€19,982
Contributions10/11€5,000
Profit (loss) carried forward14-€24,982
Amounts payable17/49€626,586
Amounts payable after more than one year17€398,202
Financial debts170/4€398,202
Amounts payable within one year42/48€224,976
Current portion of amounts payable after more than one year42€24,151
Trade debts44€237
Suppliers440/4€237
Other amounts payable47/48€200,588
Accrued charges and deferred income492/3€3,407
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,274
Other operating charges640/8€3,593
Gross operating margin9900€21,942
Operating profit (loss)9901-€10,925
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€14,057
Recurring financial charges65€14,057
Profit (loss) for the period before taxes9903-€24,982
Profit (loss) for the period9904-€24,982
Profit (loss) for the period to be appropriated9905-€24,982
Appropriation of the result
Profit (loss) to be appropriated9906-€24,982

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,274
Other operating charges640/8€3,593
Gross operating margin9900€21,942
Operating profit (loss)9901-€10,925
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€14,057
Recurring financial charges65€14,057
Profit (loss) for the period before taxes9903-€24,982
Profit (loss) for the period9904-€24,982
Profit (loss) for the period to be appropriated9905-€24,982
Line2025
Assets
Total assets20/58€606,603
Fixed assets21/28€602,612
Tangible fixed assets22/27€602,612
Land and buildings22€602,612
Current assets29/58€3,991
Amounts receivable within one year40/41€200
Trade receivables40€200
Cash at bank and in hand54/58€2,697
Deferred charges and accrued income490/1€1,094
Equity and liabilities
Total equity and liabilities10/49€606,603
Equity10/15-€19,982
Contributions10/11€5,000
Profit (loss) carried forward14-€24,982
Amounts payable17/49€626,586
Amounts payable after more than one year17€398,202
Financial debts170/4€398,202
Amounts payable within one year42/48€224,976
Current portion of amounts payable after more than one year42€24,151
Trade debts44€237
Suppliers440/4€237
Other amounts payable47/48€200,588
Accrued charges and deferred income492/3€3,407
Line2025
Profit (loss) for the period9904-€24,982
+ Depreciation and write-downs630€29,274
Operating cash flow (approximation)€4,292

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00458937

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.