Skip to content

Ignix

Active
Public limited companyfounded 1984active for 42 yearsNelcastraat 14, 8860 Lendelede, BelgiumKBO/BCE: BE 0425.816.043
Summary

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
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Parent
IGNIS FINANCE · 100%
  • IGNIS INVESTManaging director · permanent representative ESQUENET Julien Louis Eric
Auditor: Edwin MaesAccounts filed 28 days late4 of 12 deeds read
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).

Sector median 0.3% (2,646 companies, NACE 43, small)
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).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.37, cash €155,081
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed 28-08-2026)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
neutral · Filed after the deadline
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 filings
Deviation 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 months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Permanent representative: Olivier ESQUENETPower of attorney
  2. Annual accounts filedfinancial year 2025 · full…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Financials · financial year 2025, full format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00472574.

Turnover
€1.8m
EBIT margin
6.2%
Net result
€194,224▲ 5.4%
2024 · €184,198
Working capital
€1.0m▲ 9.9%
2024 · €951,393
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 2% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.3m 2025 Net result€0.2m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€1.8m
Operating result€0.1m-€0.1m▼ 15.7%€0.09m▼ 18.4%€0.3m▲ 182%€0.02m▼ 92.1%€0.3m▲ 1,155%€0.3m▲ 21.3%€0.3m▼ 1.8%
Net result€0.09m-€0.08m▼ 16.0%€0.07mwithin the sector's middle half▼ 6.6%€0.2mabove the sector's middle half▲ 180%€0.004mbelow the sector's middle half▼ 97.8%€0.2mabove the sector's middle half▲ 3,757%€0.2mabove the sector's middle half▲ 9.4%€0.2mwithin the sector's middle half▲ 5.4%
EBIT margin6.2%
Equity€0.3m-€0.4m▲ 23.6%€0.5mwithin the sector's middle half▲ 17.8%€0.7mabove the sector's middle half▲ 42.3%€0.7mwithin the sector's middle half▲ 0.7%€0.7mabove the sector's middle half▲ 10.2%€1.3mabove the sector's middle half▲ 71.9%€1.3mwithin the sector's middle half▲ 0.3%
Total assets€0.8m-€0.8m▼ 1.3%€1.1mwithin the sector's middle half▲ 42.2%€1.4mwithin the sector's middle half▲ 24.8%€1.8mabove the sector's middle half▲ 31.8%€2.6mabove the sector's middle half▲ 43.3%€3.4mabove the sector's middle half▲ 26.5%€4.2mabove the sector's middle half▲ 26.0%
Debt€0.5m-€0.4m▼ 18.0%€0.7m▲ 67.0%€0.7m▲ 12.3%€1.2m▲ 60.1%€1.9m▲ 62.3%€2.1m▲ 8.9%€2.9m▲ 41.6%
Working capital€0.3m-€0.4m▲ 26.6%€0.5mabove the sector's middle half▲ 13.0%€0.6mabove the sector's middle half▲ 25.5%€0.6mabove the sector's middle half▼ 2.2%€0.6mabove the sector's middle half▲ 8.9%€1.0mabove the sector's middle half▲ 55.5%€1.0mabove the sector's middle half▲ 9.9%
Solvency40.3%-50.4%▲ 10.1pp41.8%within the sector's middle half▼ 8.6pp47.6%within the sector's middle half▲ 5.8pp36.3%within the sector's middle half▼ 11.2pp27.9%within the sector's middle half▼ 8.4pp38.0%within the sector's middle half▲ 10.0pp30.2%within the sector's middle half▼ 7.7pp
Current ratio1.67-2.05▲ 0.381.70within the sector's middle half▼ 0.351.82within the sector's middle half▲ 0.121.50within the sector's middle half▼ 0.321.33within the sector's middle half▼ 0.171.48within the sector's middle half▲ 0.151.37within the sector's middle half▼ 0.11
Return on assets (ROA)11.3%-9.6%▼ 1.7pp6.3%within the sector's middle half▼ 3.3pp14.1%above the sector's middle half▲ 7.8pp0.2%below the sector's middle half▼ 13.9pp6.4%within the sector's middle half▲ 6.1pp5.5%within the sector's middle half▼ 0.9pp4.6%within the sector's middle half▼ 0.9pp
Staff (FTE)1-1=1.8below the sector's middle half▲ 80.0%5within the sector's middle half▲ 178%7.2within the sector's middle half▲ 44.0%8.3within the sector's middle half▲ 15.3%21.5above the sector's middle half▲ 159%39.8above the sector's middle half▲ 85.1%
above within below the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Why a figure moved sharply
  • 2025 Staff (FTE) +85% on 2024. The accounts now follow the full format, last year the abbreviated format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.2m
Fixed assets €341,519 ▼ 18.0%
Current assets €3.9m ▲ 32.2%
Equity and liabilities €4.2m
Equity €1.3m ▲ 0.3%
Debt €2.9m ▲ 41.6%
Debt's share of the balance-sheet total rises from 62.0% to 69.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€538,156▼
2024 · €548,828
Cash flow
€422,119▲
2024 · €417,087
Quick ratio
1.24▼
2024 · 1.27
Debt to equity
2.31▲
2024 · 1.63
ROE
15.2%▲
2024 · 14.5%
Interest coverage
4.99▼
2024 · 7.23
Debt ≤ 1 year
€2.8m▲
2024 · €2.0m
Debt > 1 year
€79,887▼
2024 · €83,778
Income taxes
€22,504▼
2024 · €77,818
Staff costs
€2.6m▲
2024 · €2.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96.1% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96.1% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.6% 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 497,474 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 14,766 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 against 2024 · 64 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.4m€4.2m▲
Fixed assets21/28€0.4m€0.3m▼
Intangible fixed assets21€0.01m€0.02m▲
Tangible fixed assets22/27€0.4m€0.3m▼
Plant, machinery and equipment23€0.05m€0.05m=
Furniture and vehicles24€0.1m€0.1m▼
Leasing and similar rights25€0.2m€0.05m▼
Other tangible fixed assets26€0.01m€0.05m▲
Assets under construction and advance payments27€0.005m€0▼
Financial fixed assets28€0.04m€0.04m▲
Current assets29/58€2.9m€3.9m▲
Stocks and contracts in progress3€0.4m€0.4m▼
Stocks30/36€0.4m€0.4m▼
Amounts receivable within one year40/41€2.1m€2.8m▲
Trade receivables40€1.8m€2.6m▲
Other amounts receivable41€0.4m€0.2m▼
Cash at bank and in hand54/58€0.3m€0.2m▼
Deferred charges and accrued income490/1€0.08m€0.6m▲
Equity and liabilities
Total equity and liabilities10/49€3.4m€4.2m▲
Equity10/15€1.3m€1.3m▲
Contributions10/11€0.2m€0.2m=
Capital10€0.2m€0.2m=
Issued capital100€0.2m€0.2m=
Reserves13€1.1m€1.1m▲
Non-distributable reserves130/1€0.02m€0.02m=
Legal reserve130€0.02m€0.02m=
Distributable reserves133€1.1m€1.1m▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€2.1m€2.9m▲
Amounts payable after more than one year17€0.08m€0.08m▼
Financial debts170/4€0.08m€0.08m▼
Amounts payable within one year42/48€2.0m€2.8m▲
Current portion of amounts payable after more than one year42€0.1m€0.08m▼
Financial debts43€1.3m€1.8m▲
Credit institutions430/8€1.3m€1.8m▲
Trade debts44€0.3m€0.4m▲
Suppliers440/4€0.3m€0.4m▲
Taxes, remuneration and social security45€0.08m€0.1m▲
Taxes450/3€0.006m€0.03m▲
Remuneration and social security454/9€0.07m€0.08m▲
Other amounts payable47/48€0.2m€0.5m▲
Accrued charges and deferred income492/3€0.01m€0.03m▲
Income statement Code20242025
Remuneration, social security and pensions62€2.2m€2.6m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.2m€0.2m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€0.03m€0▲
Other operating charges640/8€0.06m€0.01m▼
Non-recurring operating charges66A-€0.01m
Gross operating margin9900€2.8m€3.1m▲
Operating profit (loss)9901€0.3m€0.3m▼
Financial income75/76B€0.02m€0.01m▼
Recurring financial income75€0.02m€0.01m▼
Financial charges65/66B€0.08m€0.1m▲
Recurring financial charges65€0.08m€0.1m▲
Profit (loss) for the period before taxes9903€0.3m€0.2m▼
Income taxes67/77€0.08m€0.02m▼
Profit (loss) for the period9904€0.2m€0.2m▲
Profit (loss) for the period to be appropriated9905€0.2m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.2m▲
Transfer to equity691/2€0.03m€0.004m▼
To other reserves6921€0.03m€0.004m▼
Profit to be distributed694/7€0.2m€0.2m▲
Return on contributions (dividend)694€0.2m€0▼
Directors or managers695-€0.2m
Social balance sheet
Average headcount (FTE)908721.539.8▲

The notes to these accounts (30 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70-€1.8m-------
Remuneration, social security and pensions62---€0.3m€0.5m€0.6m€2.2m€2.6m▲ 14.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.001m€0.002m€0.02m€0.05m€0.06m€0.2m€0.2m▼ 2.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€0-€0.003m-€0.002m-€0.03m€0-
Other operating charges640/8---€0.01m€0.02m€0.02m€0.06m€0.01m▼ 78.6%
Non-recurring operating charges66A-------€0.01m-
Gross operating margin9900€0.2m€0.2m€0.2m€0.6m€0.6m€0.9m€2.8m€3.1m▲ 10.8%
Operating profit (loss)9901€0.1m€0.1m€0.09m€0.3m€0.02m€0.3m€0.3m€0.3m▼ 1.8%
Financial income75/76B---€0.01m€0.006m€0.02m€0.02m€0.01m▼ 34.8%
Recurring financial income75€60€0.002m€0.004m€0.01m€0.006m€0.02m€0.02m€0.01m▼ 34.8%
Financial charges65/66B---€0.003m€0.01m€0.04m€0.08m€0.1m▲ 42.1%
Recurring financial charges65€0.003m€0.002m€0.002m€0.003m€0.01m€0.04m€0.08m€0.1m▲ 42.1%
Profit (loss) for the period before taxes9903€0.1m€0.1m€0.09m€0.3m€0.01m€0.2m€0.3m€0.2m▼ 17.3%
Income taxes67/77€0.04m€0.04m€0.02m€0.07m€0.009m€0.07m€0.08m€0.02m▼ 71.1%
Profit (loss) for the period9904€0.09m€0.08m€0.07m€0.2m€0.004m€0.2m€0.2m€0.2m▲ 5.4%
Profit (loss) for the period to be appropriated9905€0.09m€0.08m€0.07m€0.2m€0.004m€0.2m€0.2m€0.2m▲ 5.4%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.8m€0.8m€1.1m€1.4m€1.8m€2.6m€3.4m€4.2m▲ 26.0%
Fixed assets21/28€0.003m-€0.01m€0.1m€0.2m€0.2m€0.4m€0.3m▼ 18.0%
Intangible fixed assets21--€0.002m€0.001m€0.03m€0.02m€0.01m€0.02m▲ 61.4%
Tangible fixed assets22/27€0.003m-€0.009m€0.1m€0.09m€0.1m€0.4m€0.3m▼ 23.6%
Plant, machinery and equipment23---€0.01m€0.01m€0.01m€0.05m€0.05m=
Furniture and vehicles24---€0.03m€0.03m€0.01m€0.1m€0.1m▼ 6.7%
Leasing and similar rights25---€0.03m€0.02m€0.06m€0.2m€0.05m▼ 66.2%
Other tangible fixed assets26---€0.03m€0.03m€0.02m€0.01m€0.05m▲ 288%
Assets under construction and advance payments27------€0.005m€0▼ 100%
Financial fixed assets28---€0.02m€0.04m€0.04m€0.04m€0.04m▲ 13.0%
Current assets29/58€0.8m€0.8m€1.1m€1.3m€1.7m€2.5m€2.9m€3.9m▲ 32.2%
Stocks and contracts in progress3€0.05m€0.05m€0.1m€0.3m€0.6m€0.3m€0.4m€0.4m▼ 8.8%
Stocks30/36---€0.3m€0.6m€0.3m€0.4m€0.4m▼ 8.8%
Amounts receivable within one year40/41€0.5m€0.5m€0.6m€0.8m€1.0m€2.0m€2.1m€2.8m▲ 30.2%
Trade receivables40---€0.6m€1.0m€1.9m€1.8m€2.6m▲ 46.2%
Other amounts receivable41---€0.2m€0.04m€0.06m€0.4m€0.2m▼ 43.6%
Cash at bank and in hand54/58€0.3m€0.3m€0.3m€0.1m€0.07m€0.2m€0.3m€0.2m▼ 47.9%
Deferred charges and accrued income490/1---€0.03m€0.03m€0.05m€0.08m€0.6m▲ 573%
Equity and liabilities
Total equity and liabilities10/49€0.8m€0.8m€1.1m€1.4m€1.8m€2.6m€3.4m€4.2m▲ 26.0%
Equity10/15€0.3m€0.4m€0.5m€0.7m€0.7m€0.7m€1.3m€1.3m▲ 0.3%
Contributions10/11€0.1m€0.1m€0.1m€0.1m€0.1m€0.1m€0.2m€0.2m=
Capital10---€0.1m€0.1m€0.1m€0.2m€0.2m=
Issued capital100---€0.1m€0.1m€0.1m€0.2m€0.2m=
Reserves13€0.2m€0.3m€0.3m€0.5m€0.5m€0.6m€1.1m€1.1m▲ 0.4%
Non-distributable reserves130/1---€0.01m€0.01m€0.01m€0.02m€0.02m=
Legal reserve130---€0.01m€0.01m€0.01m€0.02m€0.02m=
Distributable reserves133---€0.5m€0.5m€0.6m€1.1m€1.1m▲ 0.4%
Profit (loss) carried forward14-----€0€0€0-
Amounts payable17/49€0.5m€0.4m€0.7m€0.7m€1.2m€1.9m€2.1m€2.9m▲ 41.6%
Amounts payable after more than one year17€415--€0.04m€0.05m€0.03m€0.08m€0.08m▼ 4.6%
Financial debts170/4---€0.04m€0.05m€0.03m€0.08m€0.08m▼ 4.6%
Amounts payable within one year42/48€0.5m€0.4m€0.7m€0.7m€1.1m€1.9m€2.0m€2.8m▲ 42.9%
Current portion of amounts payable after more than one year42---€0.01m€0.01m€0.02m€0.1m€0.08m▼ 33.3%
Financial debts43---€0.1m€0.4m€0.7m€1.3m€1.8m▲ 42.3%
Credit institutions430/8---€0.1m€0.4m€0.7m€1.3m€1.8m▲ 42.3%
Trade debts44€0.4m€0.4m€0.6m€0.5m€0.5m€0.9m€0.3m€0.4m▲ 22.6%
Suppliers440/4---€0.5m€0.5m€0.9m€0.3m€0.4m▲ 22.6%
Taxes, remuneration and social security45---€0.04m€0.08m€0.08m€0.08m€0.1m▲ 35.5%
Taxes450/3---€0€0.04m€0.01m€0.006m€0.03m▲ 402%
Remuneration and social security454/9---€0.04m€0.04m€0.07m€0.07m€0.08m▲ 7.7%
Other amounts payable47/48----€0.2m€0.2m€0.2m€0.5m▲ 120%
Accrued charges and deferred income492/3----€0.001m€4€0.01m€0.03m▲ 159%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€90,423€75,911€70,900€198,405€4,366€168,391€184,198€194,224▲ 5.4%
+ Depreciation and write-downs630€19,202€1,494€2,404€23,830€48,348€63,398€232,889€227,896▼ 2.1%
Operating cash flow (approximation)€109,625€77,404€73,304€222,234€52,714€231,789€417,087€422,119▲ 1.2%
Investment in fixed assets (approximation)----€141,861-€77,822-€66,348-€487,272-€153,049▲ 68.6%
Change in cash-€6,498€65,327-€184,496-€79,986€116,299€113,870-€142,645-

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

Latest 10 of 42 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 28-08-2026 2026-00472574
31-12-2024 abbreviated format 18-07-2025 2025-00289657
31-12-2023 abbreviated format 19-07-2024 2024-00277482
31-12-2022 abbreviated format 16-08-2023 2023-00345439
31-12-2021 abbreviated format 30-05-2022 2022-20037183
31-12-2020 abbreviated format 24-11-2021 2021-78200169
31-12-2019 abbreviated format 06-07-2020 2020-27700214
31-12-2018 abbreviated format 31-07-2019 2019-42200474
31-12-2017 abbreviated format 27-06-2018 2018-23500155
31-12-2016 abbreviated format 10-08-2017 2017-42500204

Show all 42 filings

Subsidies and aid

Flemish government

2023 to 2025 · 6 entries · €29,107 awarded · €16,506 paid
Year Entries AwardedPaid
2025 3 €2,057€14,288
2024 2 €26,152€1,152
2023 1 €898€1,066
Schemes
3 entries · €25,000 · €12,500 paid · Fonds voor Innoveren en Ondernemen
3 entries · €4,107 · €4,006 paid · Fonds voor Innoveren en Ondernemen

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

Directors

Directors
1 director, 2 in day-to-day management, last change in 2023

Board 1

IGNIS INVEST
Director · since 21-09-2023 · Private limited company · permanent representative: ESQUENET Julien Louis Eric
Current

Day-to-day management 2

IGNIS FINANCE
Managing director · since 21-09-2023 · Private limited company
Current
IGNIS INVEST
Managing director · since 21-09-2023 · Private limited company · permanent representative: ESQUENET Julien Louis Eric
Current

Permanent representatives 1

ESQUENET Julien Louis Eric
Permanent representative · since 21-09-2023 · for IGNIS INVEST
Current

Statutory auditor 1

Edwin Maes
Company auditor · since 05-11-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
8 of this company's 12 Belgian Official Gazette deeds have not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.

Mandate history

4 people since 2023, 3 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
IGNIS INVEST
  • Director, from 21-09-2023 to date
  • Managing director, from 21-09-2023 to date
IGNIS FINANCE
  • Managing director, from 21-09-2023 to date
Edwin Maes
  • Company auditor, from 05-11-2024 to date
CONTENT
  • Director, until 21-09-2023
See the board, name and registered office on a given date →

Owners and capital

Owners

2 owners

Chain of control

  1. IGNIS INVEST 64.91%
  2. IGNIS FINANCE 100%
  3. Ignix

Highest known parent: IGNIS INVEST. The sources do not say who stands above it.

Owners 2

Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Capital and shareholders

Shareholders according to the deeds
Stated in the act act of 14-08-2024 ↗
  • Ignis Finance BV 1,000 shares

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 05-11-2024 Capital increase of €61,973.38 · to €185,920.14 · 125 new shares
  2. 14-08-2024 Capital stated in the deed · €123,943.76 · 1,000 shares

Group and network

Connections & network

1 current director
Depth

The board mandates are listed below; here you explore them as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Acquisitions and mergers

1 transaction
Took over:IGNIX CONSTRUCT
BE 0422.664.929merger by absorption · proposal · Gazette deed of 05-11-2024 (3 acts)

History

Ignix was incorporated on 29 May 1984.1 In 2024 the capital was increased by €61,973 to €185,920.2 The registered office was moved to Lendelede in 2025.3 Total assets rose from €800,349 in 2018 to €4.2m in 2025 and headcount from 1 to 39.8 full-time equivalents.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 05-11-2024
  3. 3Belgian Official Gazette, 17-03-2025
  4. 4National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
10-09
Gazette deed Permanent representative: Olivier ESQUENET
Power of attorney4 facts ▸
  • Board meeting, 20-08-2026
  • Permanent representative, Olivier ESQUENET
  • Power of attorney, FLAMEE & PARTNERS ACCOUNTANTS & BELASTINGCONSULENTEN
  • Director in office, Julien ESQUENEТ (director)
28-08
NBB filing Annual accounts filed
financial year 2025 · full format · 28 days late
2025
18-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
17-03
Gazette deed Permanent representative: Stijn Langeraert
Registered-office move5 facts ▸
  • Board meeting, 11-02-2025
  • Registered-office move, Nelcastraat 14, 8860 Lendelede
  • Permanent representative, Stijn Langeraert
  • Director in office, BV IGNIS FINANCE (director)
  • Other provision, “vermelding voorkant Luik B, naam en hoedanigheid ondertekenaar” (deed in Dutch)
2024
31-12
Financial Equity above €1mequity €1.3m ▲71.9%
A profit in every financial year since 2018 builds equity to €1.3m.
05-11
Gazette deed Capital & shares · Purpose · Resignations & appointments · Restructuring
Appointments: Edwin Maes, IGNIS INVEST and IGNIS FINANCE · Resignation: CONTENT (director) · Permanent representatives: LANGERAERT Stijn Jan Jozef and ESQUENET Julien Louis Eric29 facts ▸
  • General meeting, “BE0425.816.043, buitengewone algemene vergadering van de aandeelhouders” (deed in Dutch)
  • Merger, “bestuursorganen van de te fuseren vennootschappen, fusievoorstel” (deed in Dutch)
  • Other provision, “agenda-vermelding verslagen inbreng in natura, uitgifte nieuwe aandelen door inbreng in natura ingevolge fusie” (deed in Dutch)
  • Other provision, “zetel van de vennootschap, terbeschikkingstelling fusiedocumenten op zetel” (deed in Dutch)
  • Other provision, “éénhoofdigheid, éénhoofdig geworden” (deed in Dutch)
  • Other provision, “verslag bestuurders artikel 7:197 WVV, wijkt niet af van conclusies verslag bedrijfsrevisor” (deed in Dutch)
  • Auditor report, “uitgifte nieuwe aandelen door inbreng in natura ingevolge fusie, Nijverheidslaan 1 bus 1,1853 Strombeek-Bever” (deed in Dutch)
  • Auditor appointment, Edwin Maes (company auditor)
  • Auditor report, “onderzoek inbreng in natura, geen bevindingen van materieel belang” (deed in Dutch)
  • Capital contribution, €497,821.89
  • Auditor report, “beoordeling uitgifte aandelen, niets dat aanzet tot mening dat gegevens niet in alle materiële opzichten getrouw en voldoende zijn voor voorlichting stemmende a…” (deed in Dutch)
  • Other provision, “geen fairness opinion en laattijdigheid, geen wezenlijke invloed op opdracht” (deed in Dutch)
  • +17 further facts in this act
14-08
Gazette deed Restructuring · Miscellaneous
Permanent representatives: Stijn Langeraert and Julien Esquenet · Merger · Incorporation28 facts ▸
  • Board meeting, 17-06-2024
  • Merger, “fusie door overneming, 1.2. Ruilverhouding” (deed in Dutch)
  • Incorporation, 29-05-1984
  • Capital, €123,943.76
  • Capital contribution
  • Board composition, Ignis Finance BV (director) (2 times)
  • Board composition, Ignis Invest BV (director) (2 times)
  • Permanent representative, Stijn Langeraert (3 times)
  • Permanent representative, Julien Esquenet (2 times)
  • Shareholding, “volgens de ons verstrekte gegevens”, 1000 (deed in Dutch)
  • Incorporation, 20-04-1982
  • Capital, €61,973.38
  • +16 further facts in this act
19-07
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
16-08
NBB filing Annual accounts filed
financial year 2022 · abbreviated format · 16 days late
2022
31-12
Financial Weakest financial yearnet €4,366 ▼97.8%
Net result drops to €4,366, the lowest in the series; recovery starts the following year.
30-05
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
31-12
Financial Highest result from 2018 to 2025net €198,405 ▲180%
Net result €198,405, the highest in the series.
Show earlier events
31-12
Financial Equity above €500,000equity €667,533 ▲42.3%
A profit in every financial year since 2018 builds equity to €667,533.
24-11
NBB filing Annual accounts filed
financial year 2020 · abbreviated format · 116 days late
2020
06-07
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
31-07
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
27-06
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
10-08
NBB filing Annual accounts filed
financial year 2016 · abbreviated format · 10 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 42 annual accounts filed, the latest 10 are here; all 42 are under Financials.
4 of 12 deeds read
About the unread acts

Of the 12 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 8 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPublic limited company
Founded29-05-1984
Financial year end31-12
Activities, NACEBEL 2025
43230Insulation installation
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0425816043
Registered 20-11-2020

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 24 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0425.816.043

Recognitions · licences · registrations

Recognised contractor

5 categories
Ignix NVapproval no. #10385
  • D5 General joinery, timber roof trusses and stairsclass 5, up to €2,172,000
  • D13 Paintingclass 5, up to €2,172,000
  • D20 Metal joineryclass 5, up to €2,172,000
  • F3 Industrial paintingclass 5, up to €2,172,000
decision 28-05-2026 · valid until 27-01-2028
Ignix NVapproval no. 46244
  • D4 Sound and heat insulation, light partitions, false ceilings and floorsclass 5, up to €2,172,000
decision 28-05-2026

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Lendelede · 1 establishment unit since 2002
registered office establishment The establishment unit on the map
Ground area
7,255 m²
Building footprint
2,161 m²
Parcel 34025C0335/00T003, Flanders. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
IGNIX
Nelcastraat 14, 8860 LendeledeManufacture of electrical equipment
since 2002unit no. 2.024.829.270
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34025C0335/00T003 Flanders 7,255 m² 1 · 2,161 m² -
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

PurposeThe activities the company may carry out under its articles.
“Het voorwerp van de vennootschap is de verkoop van brandbeveiligingsproducten in groot- en kleinhandel,het verstrekken van advies over…” (deed in Dutch)
25 activities (deed in Dutch)
  1. Het voorwerp van de vennootschap is de verkoop van brandbeveiligingsproducten in groot- en kleinhandel,het verstrekken van advies over brandbeveiligingsproducten die in verband staan met warmte-,koude- en geluidsisolatie,de gespecialiseerde montage van meldingssystemen,alsook de installatie van systemen op het gebied van brandbeveiliging en brandbestrijding.
  2. Zij zal eveneens nieuwe producten mogen ontwerpen en samenstellen,verbeteren of aanpassen en dit door gebruik te maken van elke techniek die haar deze verwezenlijking kan vergemakkelijken.
  3. De vennootschap mag eveneens anderen bijstaan door haar raadgevingen op alle gebied,en onder alle vormen.
  4. Het verlenen van technisch advies,in de meest brede zin van het woord.
  5. Het voeren van (al dan niet technische) studies ten behoeve van bedrijven,privé-personen en instellingen.
  6. Het uitbaten van een onderneming zowel voor eigen rekening of voor rekening van derden,van alle voegwerken,afbraak-,metsel- en betonwerken,marmer- en steenhouwwerken,grafzerken,sierschouwen en open haarden,tegelzetten,behangen en plaatsen van wand- en vloerbekledingen alsmede de handel in alle materialen betrekkelijk deze activiteiten.
  7. De groot- en kleinhandel in alle bouwstoffen.
  8. Het oprichten,herstellen,saneren,verbouwen,omvormen,de afbraak van alle gebouwde onroerende goederen en de nieuwbouw van alle constructies onder al zijn vormen.
  9. Het beheer van het patrimonium bestaande uit eigen roerende en onroerende goederen en de huurfinanciering van onroerende goederen aan derden,het aankopen,verkopen,ruilen,bouwen,verbouwen,onderhouden,verhuren,huren,verkavelen,prospecteren en uitbaten van onroerende goederen en roerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de (on)roerende goederen te bevorderen.
  10. De expertise,het beheer,het valoriseren en het laten bouwen of verbouwen van onroerende goederen van alle aard,alsmede de coördinatie van de leiding van dergelijke werken,het opvatten,maken en uitwerken alle studies,ontwerpen en plannen.
  11. Alle werkzaamheden met betrekking tot de afwerking van gebouwen in de meest brede zin van het woord,zoals het schrijnwerk,stukadoorswerk,schilderwerken - al dan niet met brandwerende verf of spuitmortel -,het omkasten van dragende structuren,het uitvoeren van meervoudige afdichtingen,alle elektriciteitswerkzaamheden,voegdictingen,fluïda,brandkleppen en het plaatsen van branddeuren en alle overige werkzaamheden in verband met de afwerking van gebouwen,al dan niet gespecialiseerd.
  12. Het verlenen van bijstand,advies en leiding aan bedrijven,privé-personen en instellingen,voornamelijk doch niet uitsluitend op het vlak van technisch advies,bouw,management,marketing,productie en ontwikkeling,processing en het besturen van vennootschappen,dit alles in de meest ruime betekenis.
  13. De vennootschap kan zelf of als tussenpersoon alle hulpmiddelen verschaffen,bestuurdersfuncties waarnemen of laten waarnemen en diensten verlenen die direct of indirect verband houden met de voorgaande.
  14. Deze diensten kunnen worden geleverd krachtens een contractuele of statutaire benoeming en in de hoedanigheid van externe raadgever of orgaan van de cliënt.
  15. Ter uitvoering van haar opdrachten en voor het waarnemen van bestuursmandaten kan de vennootschap zich laten vertegenwoordigen door haar bestuurder of elke andere derde vertegenwoordiger,die door de vennootschap worden afgevaardigd om op te treden in eigen naam doch voor rekening van de vennootschap.Daartoe kan de vennootschap samenwerken met,deelnemen in,of op gelijk welke wijze,rechtstreeks of onrechtstreeks,belangen nemen in andere ondernemingen.
  16. De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen,onder meer door haar goederen in hypotheek of in pand te geven,inclusief de eigen handelszaak.
  17. De vennootschap kan eveneens optreden als bestuurder,volmacht drager,mandataris of vereffenaar in andere vennootschappen of ondernemingen.
  18. De vennootschap kan in het algemeen alle commerciële,industriële,financiële,roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken.
  19. Het beleggen,intekenen op,vast overnemen,plaatsen,kopen en verhandelen van aandelen,deelbewijzen,obligaties,kasbons,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen al dan niet onder de vorm van vennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een (semi) publiekrechtelijk statuut.
  20. Het bevorderen van de ontwikkeling van technologische innovaties tot aan hun industrialisering en commercialisering;het opsporen van geschikte partners voor deze realisaties.
  21. Alle algemene,technologische en economische studies onder andere inzake industrialisering en investering,productiediversificatie,nieuwe producten en/of procedés.
  22. De publiciteit,recłame,marketing en algemene communicatie onder alle vormen evenals alle werken die voor de verwezenlijking hiervan noodzakelijk zijn,zonder enige beperking.
  23. Het bevorderen van de oprichting van vennootschappen door inbreng,participatie of investering.
  24. Het ontwikkelen,kopen,verkopen,beheer,in waarde stellen,in licentie nemen of geven van brevetten,octrooien,knowhow en andere intellectuele rechten.
  25. De aan- en verkoop,in- en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,tussenpersoon in de handet.

The full purpose is in the deed

Other provisionsOther rules from the articles that fall under none of the themes above.
Other provision: “Verantwoordelijkheden bestuursorgaan” (deed in Dutch)
Other provision: “Verantwoordelijkheden bedrijfsrevisor inbreng in natura” (deed in Dutch)
1 more provision in the deed, see the deed of 05-11-2024

Read from the deeds: 4 provisions, deed of 05-11-2024