IGOVIC
ActiveSummary
The computed 12-month bankruptcy probability of IGOVIC is 1.9% (moderate). The 2024 annual accounts show equity of €313,512 and a net result of -€13,725. Equity is shrinking by ~5.3% per year across the filed fiscal years. The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 77 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 12,321 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,133 | €15,253 | €15,582 | €18,017 | €18,017 | = |
| Other operating charges640/8 | - | €298 | - | €151 | €152 | ▲ 0.3% |
| Gross operating margin9900 | -€12,230 | €3,201 | -€3,938 | -€2,877 | €5,193 | ▲ 281% |
| Operating profit (loss)9901 | -€27,839 | -€12,350 | -€19,520 | -€21,045 | -€12,976 | ▲ 38.3% |
| Financial income75/76B | - | €1,118 | €818 | - | - | - |
| Recurring financial income75 | €1,298 | €1,118 | €818 | - | - | - |
| Financial charges65/66B | - | €433 | €786 | €604 | €626 | ▲ 3.6% |
| Recurring financial charges65 | €387 | €433 | €786 | €604 | €626 | ▲ 3.6% |
| Profit (loss) for the period before taxes9903 | -€26,928 | -€11,665 | -€19,488 | -€21,649 | -€13,601 | ▲ 37.2% |
| Income taxes67/77 | - | - | - | - | €123 | - |
| Profit (loss) for the period9904 | -€26,928 | -€11,665 | -€19,488 | -€21,649 | -€13,725 | ▲ 36.6% |
| Profit (loss) for the period to be appropriated9905 | -€26,928 | -€11,665 | -€19,488 | -€21,649 | -€13,725 | ▲ 36.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €391,204 | €369,996 | €351,901 | €333,459 | €314,171 | ▼ 5.8% |
| Fixed assets21/28 | €346,591 | €331,338 | €344,398 | €326,381 | €308,363 | ▼ 5.5% |
| Tangible fixed assets22/27 | €346,591 | €331,338 | €344,398 | €326,381 | €308,363 | ▼ 5.5% |
| Land and buildings22 | - | €331,338 | €344,398 | €326,381 | €308,363 | ▼ 5.5% |
| Current assets29/58 | €44,613 | €38,658 | €7,503 | €7,079 | €5,808 | ▼ 18.0% |
| Amounts receivable within one year40/41 | €44,539 | €38,565 | - | - | - | - |
| Other amounts receivable41 | - | €38,565 | - | - | - | - |
| Cash at bank and in hand54/58 | €74 | €93 | €7,503 | €7,079 | €5,808 | ▼ 18.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €391,204 | €369,996 | €351,901 | €333,459 | €314,171 | ▼ 5.8% |
| Equity10/15 | €380,039 | €368,374 | €348,886 | €327,237 | €313,512 | ▼ 4.2% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €359,579 | €347,914 | €328,426 | €306,777 | €293,052 | ▼ 4.5% |
| Amounts payable17/49 | €11,165 | €1,621 | €3,015 | €6,222 | €659 | ▼ 89.4% |
| Amounts payable within one year42/48 | €11,165 | €1,621 | €3,015 | €6,222 | €659 | ▼ 89.4% |
| Trade debts44 | €11,165 | €1,621 | €180 | - | €629 | - |
| Suppliers440/4 | - | €1,621 | €180 | - | €629 | - |
| Other amounts payable47/48 | - | - | €2,835 | €6,222 | €30 | ▼ 99.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,928 | -€11,665 | -€19,488 | -€21,649 | -€13,725 | ▲ 36.6% |
| + Depreciation and write-downs630 | €15,133 | €15,253 | €15,582 | €18,017 | €18,017 | = |
| Operating cash flow (approximation) | -€11,795 | €3,588 | -€3,906 | -€3,632 | €4,293 | ▲ 218% |
| Investment in fixed assets (approximation) | - | -€0 | -€28,642 | €0 | €0 | - |
| Change in cash | - | €19 | €7,410 | -€424 | -€1,271 | ▼ 200% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0023/00B011 | Brussels | 2,415 m² | 1 · 422 m² | 7.1 m · 1 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.