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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 has been growing by about 22% per year since 2018. Its solvency ranks better than 33% of 2,445 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Official details

Source: KBO
Status
Active since 29-05-1984 Normal situation
Activity
Other building finishing work NACE 43350and 1 other
Joint committees
200 Aanvullend Paritair Comité voor de bedienden
124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
Establishment unit
2.024.829.270 8860 Lendelede, since 22-05-2002
Financial year end
31 December
Peppol
Reachable since 20-11-2020

Board and ownership

Board
  • IGNIS FINANCEManaging director · permanent representative ESQUENET Julien Louis Eric
  • IGNIS INVESTManaging director · permanent representative ESQUENET Julien Louis Eric
Auditor
Edwin Maes
Shareholders

Financial position

69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€3.1m
▲ 10.8%
Turnover
≈ €8.8m
estimated
Profit
€194,224
▲ 5.4%
Equity
€1.3m
▲ 0.3%
Total assets
€4.2m
▲ 26.0%
Employees on 31-12-2025
42
▲ 7.7%
  • 2025 accounts filed 28 days after the deadline
Staff (FTE) +85%: other schema
Score breakdownraises 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 on 01-09-2026)Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 29% of small companies in specialised construction (NACE 43)
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 within 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% (2,651 companies, NACE 43, small)
Last 24 months 12-2024: 0.3%lowest 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 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €85,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.37 (1.48 in 2024), below the usual 1.5. Short-term debt is 67.2% and cash 3.7% of total assets. 69.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 38% of them on solvency, 10% on liquidity, 35% on profitability and 32% on growth.

The bankruptcy probability was computed on 03-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
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 on 01-09-2026)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
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 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

The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 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 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: More staff 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

Recent changes

  1. · Gazette deed Permanent representative: Olivier ESQUENET
  2. · Gazette deed Registered office moved from kortrijk to LendeledeNew seat: Nelcastraat 14, 8860 Lendelede · Previous seat: Dumolinlaan bus a, 8510 kortrijk · Permanent representative: Stijn Langeraert
  3. · Gazette deed Merger: IGNIX takes over IGNIX CONSTRUCTCapital increase of €61,973.38 to €185,920.14 · Appointments: Edwin Maes, IGNIS INVEST and IGNIS FINANCE · Resignation: CONTENT (director)
All 19 events

Comparable companies

These companies have the same main activity as Ignix: other building finishing work (NACE 43350). They are comparable in size and age: total assets between €3m and €5.5m, founded between 1977 and 1994.

CompanyTotal assetsGross margin
Ignix Lendelede€4.2m€3.1m
Group De Keyzer Menen€4.1m€2.0m
COELEMBIER Kuurne€3.0m€2.7m
ENTREPRISES GUISSE ET FILS Villers-le-Bouillet€5.4m€3.0m
WEYGERS TOTALE PROJECTINRICHTING Hasselt€5.5m€3.6m
VANDERMEULEN BOUW Tienen€5.1m€2.4m
ART - REPARATION - BETON Herstal€4.9m€2.9m
Full comparison

Key facts about Ignix

What is the company number of Ignix?
The company number of Ignix is 0425.816.043. The VAT number is the same 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?
The legal form of Ignix is Public limited company (NV).
When was Ignix founded?
Ignix was 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?
Ignix had an average of 39.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Ignix fall under?
In its 2025 annual accounts, Ignix states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 124 (Paritair Comité voor het bouwbedrijf).
What is the turnover of Ignix?
The turnover in financial year 2025 is ≈ €8.8m. This figure is estimated from the gross margin of €3.1m and 68 comparable companies (NACE 43). It probably lies between €6.7m and €12.0m. In financial year 2019 turnover was €1.8m.
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?
Ignix must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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