IGOR & CO
The computed 12-month bankruptcy probability of IGOR & CO is 4.7% (elevated). The 2025 annual accounts show equity of €32k and a net result of €-26k. Equity is shrinking by ~31.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 30% of 12646 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €32k |
| Net result | €-26k |
| Better than sector | 30% |
| Active | 3 yrs |
Fragile profile, watch profitability in particular.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 6.7% | 30.5% | |
| Net result | €-26k | €5k | |
| Equity | €32k | €30k | |
| Gross operating margin | €23k | €62k | |
| Staff costs | €170 | €56k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €21k | €36k | €-22k |
| Net profit | €-26k | €-11k | €-41k |
| Cash flow | €410 | €15k | €-30k |
| Staff costs | €170 | €163 | €271 |
| Income taxes | €59 | €3 | - |
| Dividends | - | - | - |
| Total assets | €480k | €506k | €502k |
| Equity | €32k | €58k | €69k |
| Debt | €448k | €448k | €434k |
| of which ≤ 1y | €117k | €108k | €92k |
| of which > 1y | €323k | €332k | €341k |
| Working capital | €-85k | €-72k | €-82k |
| Employees (FTE) | - | - | - |
| 2025 | 2024 | 2023 | |
|---|---|---|---|
| Current ratio | 0.27 | 0.33 | 0.11 |
| Quick ratio | 0.23 | 0.26 | 0.10 |
| Working capital ratio | -17.7% | -14.2% | -16.3% |
| Solvency | 6.7% | 11.5% | 13.7% |
| Debt / equity | 13.92 | 7.67 | 6.29 |
| Long-term debt ratio | 10.03 | 5.69 | 4.95 |
| Interest coverage | 1.01 | 1.76 | -2.74 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | -5.5% | -2.1% | -8.2% |
| ROE | -81.6% | -18.0% | -59.7% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2025 | 2024 | 2023 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €480k | €506k | €502k |
| Fixed assets | 21/28 | €448k | €470k | €492k |
| Tangible fixed assets | 22/27 | €448k | €470k | €492k |
| Current assets | 29/58 | €32k | €36k | €10k |
| Stocks & contracts in progress | 3 | €5k | €7k | €814 |
| Amounts receivable within one year | 40/41 | €5k | €2k | €3k |
| Cash & bank | 54/58 | €19k | €25k | €5k |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €480k | €506k | €502k |
| Equity | 10/15 | €32k | €58k | €69k |
| Contributions / capital | 10/11 | €110k | €110k | €110k |
| Accumulated profits (losses) | 14 | €-78k | €-52k | €-41k |
| Amounts payable | 17/49 | €448k | €448k | €434k |
| Amounts payable after one year | 17 | €323k | €332k | €341k |
| Amounts payable within one year | 42/48 | €117k | €108k | €92k |
| Trade debts payable within one year | 44 | €5k | €4k | €9k |
| Income statement | ||||
| Gross operating margin | 9900 | €23k | €37k | €-21k |
| Operating result | 9901 | €-6k | €10k | €-33k |
| Financial income | 75 | €176 | €10 | €143 |
| Financial charges | 65 | €21k | €20k | €8k |
| Result before taxes | 9903 | €-26k | €-11k | €-41k |
| Income taxes | 67/77 | €59 | €3 | - |
| Net result for the period | 9904 | €-26k | €-11k | €-41k |
| Result to be appropriated | 9905 | €-26k | €-11k | €-41k |
| NACE primary | Event catering(56210) |
| Legal form | Private limited company(610) |
| Incorporation | 20-01-2023 |
| Status | Active |
| Postal code | 9230 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302E0840/00B000 | Flanders | 66 m² | 1 · 125 m² | 12.3 m · 3 fl. |
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.
17-04-2023 Capital increase of €100,000 to €110,000
- €10.000 → €110.000
- Inbreng in geld · Apport en numéraire
Technical details
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"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0797.458.675",
"name_full": "IGOR \u0026 CO",
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}| Legal nameNL | IGOR & CO |