Financials
- Financial year
- 2025
- Total assets
- €49,862
- Profit
- €28,475
- Solvency
- 67.1%
IGOR RAIL
ActiveSummary
IGOR RAIL has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,475 and a net result of €28,475. Its solvency ranks better than 75% of 1,249 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Activity
Civil engineering
NACE 42120
1 site
Size
≈ €140,000turnover 2025, estimated
- Equity
- €33,475
- Profit
- €28,475
Turnover estimated from the gross margin
Why 73raises riskSize: total assets €49,862Founded in 2025Last filed accounts filed 31 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 3.04, cash €20,440Show the evidence
Checked score
Score 2025
73
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 84% of its sector peers (NACE 42, micro)
Financial strength
Strong
Solvency
92
equity 67.1% of total assets
Liquidity
86
short-term debt 32.9% · cash 41.0%
Profitability
100
return on assets 57.1%
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
08-2026: 1.8%highest value
09-2026: 0.6%▼ -1.2 percentage points vs 08-2026lowest value
10-2026: 0.6%● unchanged vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.04, above the usual 1.5; short-term debt: 32.9% and cash: 41% of total assets), and 32.9% 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 42, micro): better than 76% on solvency, 85% on liquidity and 91% on profitability.
The bankruptcy probability was computed on 28-10-2026 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 risk
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filingDeviation from the deadline
2025
31 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · micro…
- IncorporationAppointment: WANZEELE Igor Carl (director)…
Key points
By topic
Board & ownership
- Board
- 1 member
- WANZEELE Igor CarlDirector
Timeline
- Events
- 2
- Since
- 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Civil engineeringNACE 42120
- Founded
- 24-07-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 31
- Who signs
- Each director alone
- Purpose
- “Afbraak- en grondwerken; Het verrichten van openbare en particuliere infrastructuurwerken…” (deed in Dutch)
Key facts about IGOR RAIL
- What is the company number of IGOR RAIL?
- 1025.829.933. In Belgium the VAT number is the company number with BE in front: BE 1025.829.933.
- Where is IGOR RAIL based?
- The registered office is at Heirbaan 38, 1570 Pajottegem.Company details
- What does IGOR RAIL do?
- According to the KBO register, the main activity is civil engineering (NACE 42120).
- What is the legal form of IGOR RAIL?
- Private limited company (BV).
- When was IGOR RAIL founded?
- On 24-07-2025.
- Is IGOR RAIL still active?
- Yes, IGOR RAIL is an active enterprise in the KBO register.
- What is the turnover of IGOR RAIL?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is IGOR RAIL profitable?
- In financial year 2025, IGOR RAIL made a profit of €28,475.
- Where can I find the annual accounts of IGOR RAIL?
- IGOR RAIL filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Companies related to IGOR RAIL
Comparable companies
- S. NOTERMAN & C°Brakel
- CorthoutsZoutleeuw
- KEL2Diepenbeek
- ObifixGeraardsbergen
- SK ContractorLummen
Go further with this company
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 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 How does this company compare with its sector?Sector benchmark
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.