Ignace Roels
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 30-07-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is 63% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | - | €1,191 | €975 |
| Depreciation and write-downs of the year | - | €161 | €389 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €161 | €389 | ▲ 141% |
| Other operating charges640/8 | €194 | €403 | €305 | ▼ 24.5% |
| Gross operating margin9900 | €873 | €14,109 | €5,655 | ▼ 59.9% |
| Operating profit (loss)9901 | €679 | €13,545 | €4,962 | ▼ 63.4% |
| Financial income75/76B | - | €37 | €114 | ▲ 212% |
| Recurring financial income75 | - | €37 | €114 | ▲ 212% |
| Financial charges65/66B | €1,219 | €1,626 | €1,297 | ▼ 20.2% |
| Recurring financial charges65 | €1,219 | €1,626 | €1,297 | ▼ 20.2% |
| Profit (loss) for the period before taxes9903 | -€540 | €11,956 | €3,780 | ▼ 68.4% |
| Income taxes67/77 | €105 | €3,507 | €755 | ▼ 78.5% |
| Profit (loss) for the period9904 | -€644 | €8,448 | €3,025 | ▼ 64.2% |
| Profit (loss) for the period to be appropriated9905 | -€644 | €8,448 | €3,025 | ▼ 64.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €5,132 | €17,419 | €23,515 | ▲ 35.0% |
| Fixed assets21/28 | - | €1,029 | €1,616 | ▲ 57.0% |
| Tangible fixed assets22/27 | - | €1,029 | €1,616 | ▲ 57.0% |
| Plant, machinery and equipment23 | - | €1,029 | €1,616 | ▲ 57.0% |
| Current assets29/58 | €5,132 | €16,390 | €21,899 | ▲ 33.6% |
| Amounts receivable within one year40/41 | €1,802 | €10,566 | €13,305 | ▲ 25.9% |
| Trade receivables40 | €764 | €9,075 | €9,046 | ▼ 0.3% |
| Other amounts receivable41 | €1,038 | €1,491 | €4,259 | ▲ 186% |
| Cash at bank and in hand54/58 | €2,433 | €4,158 | €6,935 | ▲ 66.8% |
| Deferred charges and accrued income490/1 | €898 | €1,666 | €1,660 | ▼ 0.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €5,132 | €17,419 | €23,515 | ▲ 35.0% |
| Equity10/15 | €1,356 | €9,804 | €12,829 | ▲ 30.8% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€644 | €7,804 | €10,829 | ▲ 38.8% |
| Amounts payable17/49 | €3,776 | €7,615 | €10,686 | ▲ 40.3% |
| Amounts payable within one year42/48 | €3,776 | €7,615 | €9,735 | ▲ 27.8% |
| Trade debts44 | - | €235 | €1,171 | ▲ 398% |
| Suppliers440/4 | - | €235 | €1,171 | ▲ 398% |
| Taxes, remuneration and social security45 | €3,776 | €7,380 | €8,564 | ▲ 16.1% |
| Taxes450/3 | €3,776 | €7,380 | €8,564 | ▲ 16.1% |
| Accrued charges and deferred income492/3 | - | - | €951 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€644 | €8,448 | €3,025 | ▼ 64.2% |
| + Depreciation and write-downs630 | - | €161 | €389 | ▲ 141% |
| Operating cash flow (approximation) | -€644 | €8,610 | €3,413 | ▼ 60.4% |
| Investment in fixed assets (approximation) | - | - | -€975 | - |
| Change in cash | - | €1,725 | €2,777 | ▲ 61.0% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as Ignace Roels has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Ignace Roels itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for Ignace Roels. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.