IGEFRAN
ActiveSummary
IGEFRAN has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9,315 and a net result of €512. Its solvency ranks better than 33% of 1532 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
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Signals
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
Turnover and EBIT margin not published: the micro schema does not require them.
Peer companies
Historical observationOf the 3,972 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 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% | 1.6% |
| 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 74% 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 3,972 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.
| Line | 2025 |
|---|---|
| Goods, raw materials, services and sundry goods60/61 | €14,734 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,885 |
| Gross operating margin9900 | €11,700 |
| Operating profit (loss)9901 | €1,815 |
| Financial charges65/66B | €1,303 |
| Recurring financial charges65 | €1,303 |
| Profit (loss) for the period before taxes9903 | €512 |
| Profit (loss) for the period9904 | €512 |
| Profit (loss) for the period to be appropriated9905 | €512 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €74,283 | |
| Fixed assets21/28 | €65,371 | |
| Tangible fixed assets22/27 | €65,371 | |
| Plant, machinery and equipment23 | €17,371 | |
| Furniture and vehicles24 | €48,000 | |
| Current assets29/58 | €8,912 | |
| Amounts receivable within one year40/41 | €8,675 | |
| Trade receivables40 | €8,675 | |
| Cash at bank and in hand54/58 | €237 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €74,283 | |
| Equity10/15 | €9,315 | |
| Contributions10/11 | €3,098 | |
| Reserves13 | €750 | |
| Non-distributable reserves130/1 | €750 | |
| Reserves not available under the articles1311 | €750 | |
| Profit (loss) carried forward14 | €5,467 | |
| Amounts payable17/49 | €64,968 | |
| Amounts payable after more than one year17 | €8,571 | |
| Financial debts170/4 | €8,571 | |
| Amounts payable within one year42/48 | €56,397 | |
| Trade debts44 | €5,425 | |
| Suppliers440/4 | €5,425 | |
| Taxes, remuneration and social security45 | €270 | |
| Taxes450/3 | €270 | |
| Other amounts payable47/48 | €50,702 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €512 |
| + Depreciation and write-downs630 | €9,885 |
| Operating cash flow (approximation) | €10,397 |
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
31-03
State Gazette act
Resignations: Nicole MICHEL (director) and Francis SCHMITZ (director)Appointments: Gérald SCHMITZ (non-statutory director) and François SCHMITZ (non-statutory director) · Legal-form conversion · Net-asset statement12 facts ▸
- General meeting, 26 mars 2026
- Legal-form conversion, Société coopérative (SC)
- Net-asset statement, 31/12/2025
- Capital, €8.486,81
- Director resignation, Nicole MICHEL (director)
- Director resignation, Francis SCHMITZ (director)
- Director appointment, Gérald SCHMITZ (non-statutory director)
- Director appointment, François SCHMITZ (non-statutory director)
- Mandate compensation, Gérald SCHMITZ
- Mandate compensation, François SCHMITZ
- Registered-office move, Rue de France 2, 6767 Montquintin
- Statutes amendment
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85008B0402/00N000 | Wallonia | 2,314 m² | 1 · 88 m² | - |
| 85008A1061/00A000 | Wallonia | 93 m² | 1 · 71 m² | - |
Linked by address, not proof of ownership
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| François SCHMITZ |
|
| Gérald SCHMITZ |
|
| Francis SCHMITZ |
|
| Nicole MICHEL |
|
Articles of association
Full purpose
La société a pour objet principal, l’achat, la vente et l’utilisation en commun pour l’usage de ses membres, de tous matériels et machines agricoles et horticoles, et éventuellement l’installation d’ateliers d’entretien et l’occupation d’immeubles nécessaires pour remiser les machines. A titres accessoire, la société peut effectuer toutes opérations tendant à favoriser les intérêts agricoles de ses membres en effectuant directement ou indirectement des travaux de prestations pour compte de tiers et en effectuant toutes opérations commerciales en rapport avec l’agriculture. Dont notamment l’achat en commun de matières premières pour l’agriculture ainsi que la vente en commun de produits agricoles. La société peut aussi prester ses services à des non-membres. La société peut accomplir toutes opérations généralement quelconques, commerciales, industrielles, financières, mobilières ou immobilières se rapportant directement ou indirectement à son objet. Elle peut s’intéresser par toutes voies dans toutes sociétés ou entreprises ayant un objet similaire, connexe ou qui soit de nature à favoriser le développement de son entreprise. La société peut se porter garant ou fournir des sûretés réelles pour des sociétés ou des personnes privées, au sens le plus large.
Structure & network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
Capital and shareholders
- 31-03-2026 Capital stated in the act · 8,486.81 EUR
Similar companies · same sector, comparable size
Identification & contact
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.