IGW CONSULTING
ActiveIGW CONSULTING has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €25k. Equity is growing by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 95% of 1416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+15
Solvency100▲+12
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 9.3 against 2.52 in 2024; short-term debt: 8.4% and cash: 26.5% of total assets), and 8.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
91.6%
Return on assets
25.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
27 d late
2024
28 d late
2023
23 d late
2022
30 d late
2021
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€25k▲ 19.8%
2024 · €21k
2021: €39k
2022: €37k
2023: €29k
2024: €21k
2021 → 2025
Working capital
€70k▼ 12.7%
2024 · €80k
2021: €43k
2022: €70k
2023: €74k
2024: €80k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€45k-€72k▲ 60.2%€91k▲ 25.7%€100k▲ 10.3%€92k▼ 8.6%
Operating result€56k-€52k▼ 7.0%€39k▼ 25.4%€31k▼ 19.5%€37k▲ 20.1%
Net result€39k-€37k▼ 5.0%€29k▼ 23.1%€21k▼ 26.0%€25k▲ 19.8%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 20% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €100k
Fixed assets
€22k▼ 20.5%
Current assets
€78k▼ 41.0%
Equity and liabilities €100k
Equity
€92k▼ 8.6%
Debt
€8k▼ 85.9%
The debt ratio falls from 37.4% to 8.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€46k▲
2024 · €39k
Cash flow
€34k▲
2024 · €29k
Solvency
91.6%▲
2024 · 62.6%
Current ratio
9.30▲
2024 · 2.52
Quick ratio
9.30▲
2024 · 2.52
Debt / equity
0.09▼
2024 · 0.60
ROE
27.7%▲
2024 · 21.1%
ROA
25.4%▲
2024 · 13.2%
Interest coverage
65.27▲
2024 · 35.58
Debt
€8k▼
2024 · €60k
Debt ≤ 1 year
€8k▼
2024 · €53k
Income taxes
€13k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€160k€100k▼
Fixed assets21/28€27k€22k▼
Tangible fixed assets22/27€27k€22k▼
Plant, machinery and equipment23-€2k
Furniture and vehicles24€27k€20k▼
Current assets29/58€133k€78k▼
Amounts receivable after more than one year29€46k€36k▼
Other amounts receivable291€46k€36k▼
Amounts receivable within one year40/41€14k€16k▲
Trade receivables40€9k€10k▲
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58€74k€26k▼
Equity and liabilities
Total equity and liabilities10/49€160k€100k▼
Equity10/15€100k€92k▼
Contributions10/11€6k€6k=
Outside capital11€6k€6k=
Other1109/19€6k€6k=
Reserves13€94k€86k▼
Distributable reserves133€94k€86k▼
Amounts payable17/49€60k€8k▼
Amounts payable after more than one year17€7k-
Financial debts170/4€7k-
Amounts payable within one year42/48€53k€8k▼
Current portion of amounts payable after more than one year42€13k€7k▼
Trade debts44€28k€1k▼
Suppliers440/4€28k€1k▼
Taxes, remuneration and social security45€12k€594▼
Taxes450/3€12k€594▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Other operating charges640/8€907€2k▲
Gross operating margin9900€40k€48k▲
Operating profit (loss)9901€31k€37k▲
Financial income75/76B€2€2k▲
Recurring financial income75€2€2k▲
Financial charges65/66B€1k€705▼
Recurring financial charges65€1k€705▼
Profit (loss) for the period before taxes9903€30k€38k▲
Income taxes67/77€9k€13k▲
Profit (loss) for the period9904€21k€25k▲
Profit (loss) for the period to be appropriated9905€21k€25k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€25k▲
Transfer from equity791/2-€9k
Transfer to equity691/2€9k-
To other reserves6921€9k-
Profit to be distributed694/7€12k€34k▲
Return on contributions (dividend)694€12k€34k▲
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-12
Financial
Liquidity quadruplescurrent ratio 9.30
Current ratio from 2.52 to 9.30; short-term debt falls from €53k to €8k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 28 days late
2024
31-12
Financial
Weakest financial yearnet €21k ▼26%
Net result drops to €21k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €100k ▲10.3%
4 profitable years in a row build equity to €100k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 23 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ath · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Sentier du Coléoptère 107800 AthGround area
512 m²
Building footprint
55 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
IGW CONSULTING
since 20202.302.563.927
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51004B0995/00L005 | Wallonia | 333 m² | - | - |
| 51004B0985/00V000 | Wallonia | 178 m² | 1 · 55 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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RESCRIPT
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Of 30,000 companies in sector 62200 we hold annual accounts for 18,395. 15,593 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-05-2020
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
47120Other non-specialised retail sale
47910Retail trade
62030Computer programming, consultancy and related activities
62900Other information technology and computer services
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
90202Performing arts by artistic ensembles
90393Specialised image, lighting and sound technical services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.igwconsulting.be
E-mail:contact@igwconsulting.be