IHABEL
ActiveSummary
The computed 12-month bankruptcy probability of IHABEL is 1.8% (moderate). The 2025 annual accounts show equity of €65,115 and a net result of €37,079. Equity is growing by ~30.9% per year across the filed fiscal years. Its solvency ranks better than 81% of 4695 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+92
Solvency97▼-3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 1.92 against 1.61 in 2024; short-term debt: 27.6% and cash: 7.5% of total assets), and 27.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
72.4%
Return on assets
41.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
18 d early
2024
153 d late
2023
31 d late
2022
4 d early
2021
2 d early
2020
26 d late
2019
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence 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 What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€37,079
2024 · -€12,506
Working capital
€22,926▲ 230%
2024 · €6,946
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€7,183▼ 47.6%€36,769▲ 412%€47,407▲ 28.9%€32,402▼ 31.7%€40,411▲ 24.7%
Net result-€4,074€15,691€17,213▲ 9.7%-€12,506€37,079
Equity€17,638▼ 18.8%€33,329▲ 89.0%€50,542▲ 51.6%€38,036▼ 24.7%€65,115▲ 71.2%
Total assets€18,891▼ 15.5%€38,362▲ 103%€62,773▲ 63.6%€49,474▼ 21.2%€89,901▲ 81.7%
Debt€1,253▲ 94.0%€5,033▲ 302%€12,231▲ 143%€11,438▼ 6.5%€24,786▲ 117%
Working capital€16,729▼ 22.0%€12,073▼ 27.8%€39,939▲ 231%€6,946▼ 82.6%€22,926▲ 230%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 25% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €89,901
Fixed assets
€42,189 ▲ 35.7%
Current assets
€47,712 ▲ 160%
Equity and liabilities €89,901
Equity
€65,115 ▲ 71.2%
Debt
€24,786 ▲ 117%
Debt's share of the balance-sheet total rises from 23.1% to 27.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€61,811▲
2024 · €43,616
Cash flow
€58,479▲
2024 · -€1,292
Current ratio
1.92▲
2024 · 1.61
Debt to equity
0.38▲
2024 · 0.30
ROE
56.9%▲
2024 · -32.9%
ROA
41.2%▲
2024 · -25.3%
Interest coverage
318.22▲
2024 · 0.97
Debt ≤ 1 year
€24,786▲
2024 · €11,438
Income taxes
€3,137
Staff costs
€32,307▲
2024 · €12,986
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,672 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.6%
went bankrupt
3.9%
stopped otherwise
95%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.8% 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 497,058 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% | 1.6% |
| 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 74% 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 34,672 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €8,000 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | €9,961 | €12,986 | €32,307 | ▲ 149% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €319 | €10,653 | €10,653 | €11,214 | €21,400 | ▲ 90.8% |
| Other operating charges640/8 | €275 | €1,197 | €2,880 | €1,572 | €3,157 | ▲ 101% |
| Non-recurring operating charges66A | - | - | - | €7,299 | - | - |
| Gross operating margin9900 | €7,777 | €48,618 | €70,901 | €65,473 | €97,275 | ▲ 48.6% |
| Operating profit (loss)9901 | €7,183 | €36,769 | €47,407 | €32,402 | €40,411 | ▲ 24.7% |
| Financial income75/76B | - | - | €90 | €110 | - | - |
| Recurring financial income75 | - | - | €90 | €110 | - | - |
| Financial charges65/66B | €10,082 | €21,078 | €30,284 | €45,019 | €194 | ▼ 99.6% |
| Recurring financial charges65 | €10,082 | €21,078 | €30,284 | €45,019 | €194 | ▼ 99.6% |
| Profit (loss) for the period before taxes9903 | -€2,899 | €15,691 | €17,213 | -€12,506 | €40,217 | ▲ 422% |
| Income taxes67/77 | €1,175 | - | - | - | €3,137 | - |
| Profit (loss) for the period9904 | -€4,074 | €15,691 | €17,213 | -€12,506 | €37,079 | ▲ 396% |
| Profit (loss) for the period to be appropriated9905 | -€4,074 | €15,691 | €17,213 | -€12,506 | €37,079 | ▲ 396% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €18,891 | €38,362 | €62,773 | €49,474 | €89,901 | ▲ 81.7% |
| Fixed assets21/28 | €909 | €21,256 | €10,603 | €31,089 | €42,189 | ▲ 35.7% |
| Tangible fixed assets22/27 | €639 | €20,986 | €10,333 | €30,819 | €41,919 | ▲ 36.0% |
| Furniture and vehicles24 | €639 | €20,986 | €10,333 | €30,819 | €41,919 | ▲ 36.0% |
| Financial fixed assets28 | €270 | €270 | €270 | €270 | €270 | = |
| Current assets29/58 | €17,983 | €17,106 | €52,169 | €18,385 | €47,712 | ▲ 160% |
| Amounts receivable within one year40/41 | €3,338 | €6,903 | €5,943 | €6,941 | €40,642 | ▲ 486% |
| Trade receivables40 | €2,616 | €350 | €5,896 | €1,514 | €12,896 | ▲ 752% |
| Other amounts receivable41 | €722 | €6,553 | €48 | €5,427 | €27,746 | ▲ 411% |
| Cash at bank and in hand54/58 | €14,645 | €10,203 | €46,226 | €10,019 | €6,734 | ▼ 32.8% |
| Deferred charges and accrued income490/1 | - | - | - | €1,425 | €335 | ▼ 76.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €18,891 | €38,362 | €62,773 | €49,474 | €89,901 | ▲ 81.7% |
| Equity10/15 | €17,638 | €33,329 | €50,542 | €38,036 | €65,115 | ▲ 71.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€962 | €14,729 | €31,942 | €19,436 | €46,515 | ▲ 139% |
| Amounts payable17/49 | €1,253 | €5,033 | €12,231 | €11,438 | €24,786 | ▲ 117% |
| Amounts payable within one year42/48 | €1,253 | €5,033 | €12,231 | €11,438 | €24,786 | ▲ 117% |
| Financial debts43 | €10 | - | - | - | - | - |
| Credit institutions430/8 | €10 | - | - | - | - | - |
| Trade debts44 | €1,084 | €5,033 | €5,452 | €3,898 | €5,077 | ▲ 30.2% |
| Suppliers440/4 | €1,084 | €5,033 | €5,452 | €3,898 | €5,077 | ▲ 30.2% |
| Taxes, remuneration and social security45 | €159 | - | €802 | €2,040 | €19,709 | ▲ 866% |
| Taxes450/3 | €159 | - | - | - | €4,705 | - |
| Remuneration and social security454/9 | - | - | €802 | €2,040 | €15,004 | ▲ 635% |
| Other amounts payable47/48 | - | - | €5,977 | €5,500 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,074 | €15,691 | €17,213 | -€12,506 | €37,079 | ▲ 396% |
| + Depreciation and write-downs630 | €319 | €10,653 | €10,653 | €11,214 | €21,400 | ▲ 90.8% |
| Operating cash flow (approximation) | -€3,755 | €26,343 | €27,866 | -€1,292 | €58,479 | ▲ 4,625% |
| Investment in fixed assets (approximation) | - | -€31,000 | €0 | -€31,700 | -€32,500 | ▼ 2.5% |
| Change in cash | - | -€4,442 | €36,023 | -€36,207 | -€3,284 | ▲ 90.9% |
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
Next filing, fiscal year 2026, expected by
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €37,079
Net result €37,079 after one loss-making year.
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2024
31-12
Financial
Weakest financial yearnet -€12,506
Net result drops to -€12,506, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €15,691
Net result €15,691 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
31-12
Financial
Liquidity times 13current ratio 34.20
Current ratio from 2.67 to 34.20; short-term debt falls from €4,612 to €646.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €5,874
Net result €5,874 after one loss-making year.
Show earlier events
31-12
Financial
Liquidity doublescurrent ratio 2.67
Current ratio from 1.13 to 2.67; short-term debt falls from €11,518 to €4,612.
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 52 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 19 acts read
About the unread acts
We know of 19 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
19 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, Koekelberg · 1 establishment unit since 2012
Ground area
426 m²
Building footprint
116 m²
Volume, LiDAR
1,325 m³
Parcel 21492B0043/00P002, Brussels · tallest building 18.2 m, ±5 floors. Linked by address, not a title deed.
97
companies at this address
See who is registered here
1 establishment unit
Ihabel
since 20122.213.304.131
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21492B0043/00P002 | Brussels | 426 m² | 1 · 116 m² | 18.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
HATAX
BE 0441.026.633
Jette · Eq €65,082
ARMYA
BE 0701.960.096
Sint-Gillis (bij-Brussel) · Eq €65,201
EMAAR CONSULT
BE 0799.220.315
Sint-Pieters-Leeuw · Eq €65,268
PUYAN
BE 0445.113.204
Anderlecht · Eq €64,904
MC PROJECTS
BE 0713.421.142
Ninove · Eq €64,830
Of 6,684 companies in sector 49330 we hold annual accounts for 2,297. 1,805 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-05-2012
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
52210Service activities incidental to land transportation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0846249576
Registered
09-01-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.