IGG-SOLUTIONS
ActiveSummary
The computed 12-month bankruptcy probability of IGG-SOLUTIONS is 8.3% (elevated). The 2024 annual accounts show negative equity (-€21,423) and a net result of -€12,041. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 18930 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 5 accounts on average 116 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 8.3% 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 6,035 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €13,814 | €20,099 | €34,175 | €38,965 | ▲ 14.0% |
| Other operating charges640/8 | - | €5,193 | €10,184 | €34,665 | €18,842 | ▼ 45.6% |
| Non-recurring operating charges66A | - | €623 | - | - | - | - |
| Gross operating margin9900 | -€8,185 | €23,890 | €33,406 | €59,542 | €46,147 | ▼ 22.5% |
| Operating profit (loss)9901 | -€13,083 | €4,261 | €3,123 | -€9,298 | -€11,659 | ▼ 25.4% |
| Financial income75/76B | - | €2,613 | - | - | - | - |
| Recurring financial income75 | - | €2,613 | - | - | - | - |
| Financial charges65/66B | - | €67 | €382 | €347 | €382 | ▲ 10.1% |
| Recurring financial charges65 | €1,200 | €67 | €382 | €347 | €382 | ▲ 10.1% |
| Profit (loss) for the period before taxes9903 | -€14,284 | €6,807 | €2,741 | -€9,645 | -€12,041 | ▼ 24.8% |
| Profit (loss) for the period9904 | -€14,284 | €6,807 | €2,741 | -€9,645 | -€12,041 | ▼ 24.8% |
| Profit (loss) for the period to be appropriated9905 | -€14,284 | €6,807 | €2,741 | -€9,645 | -€12,041 | ▼ 24.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €12,705 | €20,059 | €44,091 | €37,019 | €27,961 | ▼ 24.5% |
| Current assets29/58 | €12,705 | €20,059 | €44,091 | €37,019 | €27,961 | ▼ 24.5% |
| Stocks and contracts in progress3 | €4,255 | €3,630 | €3,630 | €6,130 | €6,280 | ▲ 2.4% |
| Stocks30/36 | - | €3,630 | €3,630 | €6,130 | €6,280 | ▲ 2.4% |
| Amounts receivable within one year40/41 | €4,790 | €5,203 | €24,999 | €14,998 | €10,400 | ▼ 30.7% |
| Trade receivables40 | - | €1,097 | €22,523 | €4,567 | - | - |
| Other amounts receivable41 | - | €4,106 | €2,476 | €10,431 | €10,400 | ▼ 0.3% |
| Current investments50/53 | - | - | - | €10 | €10 | = |
| Cash at bank and in hand54/58 | €3,660 | €11,226 | €10,963 | €11,381 | €6,771 | ▼ 40.5% |
| Deferred charges and accrued income490/1 | - | - | €4,500 | €4,500 | €4,500 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €12,705 | €20,059 | €44,091 | €37,019 | €27,961 | ▼ 24.5% |
| Equity10/15 | -€9,284 | -€2,477 | €264 | -€9,381 | -€21,423 | ▼ 128% |
| Contributions10/11 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | -€14,284 | -€7,477 | -€4,736 | -€14,381 | -€26,423 | ▼ 83.7% |
| Amounts payable17/49 | €21,988 | €22,536 | €43,827 | €46,401 | €49,384 | ▲ 6.4% |
| Amounts payable within one year42/48 | €21,988 | €22,536 | €43,827 | €31,725 | €49,384 | ▲ 55.7% |
| Trade debts44 | €1,254 | €13,942 | €34,867 | €26,551 | €12,806 | ▼ 51.8% |
| Suppliers440/4 | - | €13,942 | €34,867 | €26,551 | €12,806 | ▼ 51.8% |
| Taxes, remuneration and social security45 | - | - | €1,282 | €5,174 | €702 | ▼ 86.4% |
| Taxes450/3 | - | - | €1,282 | €5,174 | - | - |
| Remuneration and social security454/9 | - | - | - | - | €702 | - |
| Other amounts payable47/48 | - | €8,594 | €7,678 | - | €35,876 | - |
| Accrued charges and deferred income492/3 | - | - | - | €14,676 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,284 | €6,807 | €2,741 | -€9,645 | -€12,041 | ▼ 24.8% |
| Operating cash flow (approximation) | -€14,284 | €6,807 | €2,741 | -€9,645 | -€12,041 | ▼ 24.8% |
| Change in cash | - | €7,566 | -€264 | €418 | -€4,610 | ▼ 1,202% |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52018D0046/00G002 | Wallonia | 671 m² | 1 · 137 m² | - |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Food safety, FASFC
1 siteSimilar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.