Financials
- Financial year
- 2025
- Total assets
- €4.2m
- Profit
- €194,224
- Solvency
- 30.2%
Ignix
ActiveSummary
Ignix has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €194,224. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 33% of 2,433 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Other building finishing work
NACE 43350Insulation installation NACE 43230
2nd largest company by total assets in Lendelede, Construction sector1 site
Size
€4.2mtotal assets 2025
- Staff
- 39.8 FTE
- Equity
- €1.3m
- Profit
- €194,224
Staff (FTE) +85%: other schema
Structure
- Parent
- IGNIS FINANCE · 100%
- IGNIS INVESTManaging director · permanent representative ESQUENET Julien Louis Eric
Auditor: Edwin Maes2025 accounts filed 28 days late4 of 12 deeds summarised
Why 69raises riskLiquidity: current ratio 1.37, cash €155,0811 change of registered office in 24 monthsSector: Specialised construction activities (NACE 43)lowers riskFigures for financial year 2025 (filed 28-08-2026)Show the evidence
Checked score
Score 2025
69
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 29% of its sector peers (NACE 43, small)
Financial strength · tick = 2024
Average
Solvency
55-8
equity 30.2% of total assets
Liquidity
19-11
short-term debt 67.2% · cash 3.7%
Profitability
66-10
return on assets 4.6%
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.3%lowest value
12-2024: 0.3%● unchanged vs 11-2024lowest value
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.4%▲ +0.1 percentage points vs 02-2025
04-2025: 0.7%▲ +0.3 percentage points vs 03-2025
05-2025: 0.9%▲ +0.2 percentage points vs 04-2025
06-2025: 0.9%● unchanged vs 05-2025
07-2025: 1.0%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▼ -0.6 percentage points vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.4%● unchanged vs 01-2026
03-2026: 0.5%▲ +0.1 percentage points vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.6%▲ +0.1 percentage points vs 04-2026
06-2026: 0.7%▲ +0.1 percentage points vs 05-2026
07-2026: 0.7%● unchanged vs 06-2026
08-2026: 1.2%▲ +0.5 percentage points vs 07-2026highest value
09-2026: 0.6%▼ -0.6 percentage points vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.37, compared with 1.48 in 2024, below the usual 1.5; short-term debt: 67.2% and cash: 3.7% of total assets), and 69.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, small): better than 38% on solvency, 10% on liquidity, 35% on profitability and 32% on growth.
The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
13 days early
2023
12 days early
2022
16 days late
2021
62 days early
2020
116 days late
2019
25 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 7 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 20 July (4 of the last 5 filed years within 39 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
- Permanent representative: Olivier ESQUENETPower of attorney
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · abbreviated…
Key points
- Positive: Staff rose in 2025different schema filed ▲ 85.1% View
- Positive: 2nd largest company by total assets in Lendelede, Construction sectorin the Checked rankings No. 2 View
- Positive: 8 profitable years in a rowprofit 2025: €194,224 8 years View
- Controlled by IGNIS FINANCEultimately: IGNIS INVEST 100% View
By topic
Board & ownership
- Board
- 1 member
- Parent
- IGNIS FINANCE · 100%
- Auditor
- Edwin Maes
- IGNIS INVESTManaging director
Network & group
- Group
- IGNIS INVEST
- Mergers and asset contributions
- 1
Timeline
- Events
- 50
- Since
- 1985
- Next accounts
- by 31-07-2027
- 17-03-2025Permanent representative: Stijn Langeraert
- 31-12-2024Equity above €1m
- 05-11-2024Capital & shares · Purpose · Resignations…
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Other building finishing workNACE 43350
- Founded
- 29-05-1984
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 4
- Purpose
- “Het voorwerp van de vennootschap is de verkoop van brandbeveiligingsproducten in groot- en…” (deed in Dutch)
Key facts about Ignix
- What is the company number of Ignix?
- 0425.816.043. In Belgium the VAT number is the company number with BE in front: BE 0425.816.043.
- Where is Ignix based?
- The registered office is at Nelcastraat 14, 8860 Lendelede.Company details
- What does Ignix do?
- According to the KBO register, the main activity is other building finishing work (NACE 43350).
- What is the legal form of Ignix?
- Public limited company (NV).
- When was Ignix founded?
- On 29-05-1984.
- Is Ignix still active?
- Yes, Ignix is an active enterprise in the KBO register.
- How many employees does Ignix have?
- On average 39.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of Ignix?
- €1.8m in financial year 2019, according to the filed annual accounts.
- Is Ignix profitable?
- In financial year 2025, Ignix made a profit of €194,224.
- Where can I find the annual accounts of Ignix?
- Ignix filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Ignix due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to Ignix
Parent and group
- IGNIS FINANCE100%
- IGNIS INVEST64.91%
Shareholders
- IGNIX CONSTRUCT25.9%
Comparable companies
- GEBROEDERS KRASNIQIGent
- CELIS DAVID KLINKERWERKENKortenaken
- CHA - VERNamur
- WEYGERS TOTALE PROJECTINRICHTINGHasselt
- BUURTHUIS BONNEVIE/MAISON DE QUARTIER BONNEVIESint-Jans-Molenbeek
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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check
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