Summary
IIP6 DEVELOPMENT has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €3.46M and a net result of €-72k. Equity is growing by ~29.5% per year across the filed fiscal years. Its solvency ranks better than 60% of 4809 sector peers (fiscal year 2024). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
31 d early
2022
36 d early
2021
40 d early
2020
13 d late
2019
42 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€449k
EBIT margin
22.9%
Net result
€-72k
2023 · €623k
2018: €-30k
2019: €-27k▲ +8.5% vs 2018
2020: €-29k▼ -6.0% vs 2019
2021: €287k▲ +1102% vs 2020
2022: €682k▲ +137% vs 2021highest in 7 years
2023: €623k▼ -8.8% vs 2022
2024: €-72k▼ -112% vs 2023lowest in 7 years
2018 → 2024
Working capital
€-849k
2023 · €499k
2018: €816khighest in 7 years
2019: €789k▼ -3.3% vs 2018
2020: €762k▼ -3.5% vs 2019
2021: €534k▼ -29.9% vs 2020
2022: €529k▼ -0.9% vs 2021
2023: €499k▼ -5.6% vs 2022
2024: €-849k▼ -270% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€449k
Equity€189k-€2.23M▲ 1,078%€2.91M▲ 30.6%€3.53M▲ 21.4%€3.46M▼ 2.0%
2020: €189klowest in 5 years
2021: €2.23M▲ +1078% vs 2020
2022: €2.91M▲ +30.6% vs 2021
2023: €3.53M▲ +21.4% vs 2022highest in 5 years
2024: €3.46M▼ -2.0% vs 2023
Operating result€-21k-€-200k▼ 838%€98k€98k▼ 0.7%€103k▲ 5.1%
2020: €-21k
2021: €-200k▼ -838% vs 2020lowest in 5 years
2022: €98k▲ +149% vs 2021
2023: €98k▼ -0.7% vs 2022
2024: €103k▲ +5.1% vs 2023highest in 5 years
Net result€-29k-€287k€682k▲ 137%€623k▼ 8.8%€-72k
2020: €-29k
2021: €287k▲ +1102% vs 2020
2022: €682k▲ +137% vs 2021highest in 5 years
2023: €623k▼ -8.8% vs 2022
2024: €-72k▼ -112% vs 2023lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 5% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.01M
Fixed assets
€7.00M =
Current assets
€1.01M ▼ 55.8%
Equity and liabilities €8.01M
Equity
€3.46M ▼ 2.0%
Debt
€4.55M ▼ 20.8%
Debt's share of the balance-sheet total falls from 61.9% to 56.8%. Equity and debt are lower.
Key figures and ratios
ROE
-2.1%▼
2023 · 17.6%
ROA
-0.9%▼
2023 · 6.7%
Debt ≤ 1 year
€1.86M▲
2023 · €1.78M
Debt > 1 year
€2.61M▼
2023 · €3.80M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 60 lines
Balance sheet
Code20232024
Assets
Total assets20/58€9.28M€8.01M▼
Fixed assets21/28€7.00M€7.00M=
Financial fixed assets28€7.00M€7.00M=
Affiliated companies280/1-€7.00M
Participating interests280-€7.00M
Other financial fixed assets284/8-€3k
Shares284-€3k
Current assets29/58€2.28M€1.01M▼
Stocks and contracts in progress3€922k€610k▼
Stocks30/36€922k€610k▼
Property held for sale35-€610k
Amounts receivable within one year40/41€1.12M€219k▼
Trade receivables40€263k€160k▼
Other amounts receivable41€854k€59k▼
Cash at bank and in hand54/58€237k€176k▼
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€9.28M€8.01M▼
Equity10/15€3.53M€3.46M▼
Contributions10/11€2.05M€2.05M=
Reserves13€1.48M€1.41M▼
Distributable reserves133€1.48M€1.41M▼
Amounts payable17/49€5.75M€4.55M▼
Amounts payable after more than one year17€3.80M€2.61M▼
Financial debts170/4€3.80M€2.61M▼
Subordinated loans170-€900k
Credit institutions173-€560k
Other loans174-€1.15M
Amounts payable within one year42/48€1.78M€1.86M▲
Current portion of amounts payable after more than one year42€500k€249k▼
Financial debts43€575k€466k▼
Credit institutions430/8€575k€466k▼
Trade debts44€374€1k▲
Suppliers440/4€374€1k▲
Other amounts payable47/48€700k€1.14M▲
Accrued charges and deferred income492/3€176k€85k▼
Income statement
Code20232024
Operating income70/76A-€449k
Turnover70-€449k
Operating charges60/66A-€346k
Goods for resale, raw materials and consumables60-€311k
Purchases600/8-€311k
Services and other goods61-€29k
Other operating charges640/8€5k€7k▲
Non-recurring operating charges66A€55k-
Gross operating margin9900€158k-
Operating profit (loss)9901€98k€103k▲
Financial income75/76B€725k€2k▼
Recurring financial income75€725k€2k▼
Income from current assets751-€2k
Other financial income752/9-€47
Financial charges65/66B€201k€177k▼
Recurring financial charges65€201k€177k▼
Debt charges650-€177k
Profit (loss) for the period before taxes9903€623k€-72k▼
Profit (loss) for the period9904€623k€-72k▼
Profit (loss) for the period to be appropriated9905€623k€-72k▼
Appropriation of the result
Profit (loss) to be appropriated9906€623k€-72k▼
Transfer from equity791/2-€72k
From reserves792-€72k
Transfer to equity691/2€623k-
To other reserves6921€623k-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | - | €449k | - |
| Turnover70 | - | - | - | - | €449k | - |
| Operating charges60/66A | - | - | - | - | €346k | - |
| Goods for resale, raw materials and consumables60 | - | - | - | - | €311k | - |
| Purchases600/8 | - | - | - | - | €311k | - |
| Services and other goods61 | - | - | - | - | €29k | - |
| Other operating charges640/8 | - | €4k | €3k | €5k | €7k | ▲ 40.7% |
| Non-recurring operating charges66A | - | - | - | €55k | - | - |
| Gross operating margin9900 | €-17k | €-196k | €102k | €158k | - | - |
| Operating profit (loss)9901 | €-21k | €-200k | €98k | €98k | €103k | ▲ 5.1% |
| Financial income75/76B | - | €601k | €736k | €725k | €2k | ▼ 99.8% |
| Recurring financial income75 | €2k | €601k | €736k | €725k | €2k | ▼ 99.8% |
| Income from current assets751 | - | - | - | - | €2k | - |
| Other financial income752/9 | - | - | - | - | €47 | - |
| Financial charges65/66B | - | €113k | €152k | €201k | €177k | ▼ 11.9% |
| Recurring financial charges65 | €9k | €113k | €152k | €201k | €177k | ▼ 11.9% |
| Debt charges650 | - | - | - | - | €177k | - |
| Profit (loss) for the period before taxes9903 | €-29k | €287k | €682k | €623k | €-72k | ▼ 112% |
| Profit (loss) for the period9904 | €-29k | €287k | €682k | €623k | €-72k | ▼ 112% |
| Profit (loss) for the period to be appropriated9905 | €-29k | €287k | €682k | €623k | €-72k | ▼ 112% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €803k | €8.73M | €9.39M | €9.28M | €8.01M | ▼ 13.7% |
| Fixed assets21/28 | €3k | €7.00M | €7.00M | €7.00M | €7.00M | = |
| Financial fixed assets28 | €3k | €7.00M | €7.00M | €7.00M | €7.00M | = |
| Affiliated companies280/1 | - | - | - | - | €7.00M | - |
| Participating interests280 | - | - | - | - | €7.00M | - |
| Other financial fixed assets284/8 | - | - | - | - | €3k | - |
| Shares284 | - | - | - | - | €3k | - |
| Current assets29/58 | €800k | €1.73M | €2.38M | €2.28M | €1.01M | ▼ 55.8% |
| Stocks and contracts in progress3 | €741k | €737k | €1.15M | €922k | €610k | ▼ 33.9% |
| Stocks30/36 | - | €737k | €1.15M | €922k | €610k | ▼ 33.9% |
| Property held for sale35 | - | - | - | - | €610k | - |
| Amounts receivable within one year40/41 | €57k | €919k | €1.16M | €1.12M | €219k | ▼ 80.4% |
| Trade receivables40 | - | €295k | €295k | €263k | €160k | ▼ 39.1% |
| Other amounts receivable41 | - | €624k | €868k | €854k | €59k | ▼ 93.1% |
| Cash at bank and in hand54/58 | €1k | €76k | €69k | €237k | €176k | ▼ 25.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €803k | €8.73M | €9.39M | €9.28M | €8.01M | ▼ 13.7% |
| Equity10/15 | €189k | €2.23M | €2.91M | €3.53M | €3.46M | ▼ 2.0% |
| Contributions10/11 | - | €2.05M | €2.05M | €2.05M | €2.05M | = |
| Reserves13 | - | €176k | €859k | €1.48M | €1.41M | ▼ 4.9% |
| Distributable reserves133 | - | €176k | €859k | €1.48M | €1.41M | ▼ 4.9% |
| Profit (loss) carried forward14 | €-111k | - | - | - | - | - |
| Amounts payable17/49 | €614k | €6.51M | €6.48M | €5.75M | €4.55M | ▼ 20.8% |
| Amounts payable after more than one year17 | €575k | €5.25M | €4.52M | €3.80M | €2.61M | ▼ 31.2% |
| Financial debts170/4 | - | €5.25M | €4.52M | €3.80M | €2.61M | ▼ 31.2% |
| Subordinated loans170 | - | - | - | - | €900k | - |
| Credit institutions173 | - | - | - | - | €560k | - |
| Other loans174 | - | - | - | - | €1.15M | - |
| Amounts payable within one year42/48 | €38k | €1.20M | €1.86M | €1.78M | €1.86M | ▲ 4.5% |
| Current portion of amounts payable after more than one year42 | - | €500k | €534k | €500k | €249k | ▼ 50.2% |
| Financial debts43 | - | - | €575k | €575k | €466k | ▼ 19.0% |
| Credit institutions430/8 | - | - | €575k | €575k | €466k | ▼ 19.0% |
| Trade debts44 | €3k | €1k | €1k | €374 | €1k | ▲ 254% |
| Suppliers440/4 | - | €1k | €1k | €374 | €1k | ▲ 254% |
| Other amounts payable47/48 | - | €697k | €745k | €700k | €1.14M | ▲ 62.7% |
| Accrued charges and deferred income492/3 | - | €64k | €107k | €176k | €85k | ▼ 51.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-29k | €287k | €682k | €623k | €-72k | ▼ 112% |
| Operating cash flow (approximation) | €-29k | €287k | €682k | €623k | €-72k | ▼ 112% |
| Investment in fixed assets (approximation) | - | €-7.00M | €0 | €0 | €0 | - |
| Change in cash | - | €75k | €-8k | €168k | €-61k | ▼ 136% |
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
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-72k
Net result drops to €-72k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €682k ▲137%
Net result €682k, the highest in the series.
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €287k
Net result €287k after 3 loss-making years.
31-12
Financial
Equity above €2MEq €2.23M ▲1,078%
Equity rises from €189k to €2.23M.
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
19-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
18-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Geel · 1 establishment unit since 2014
Ground area
2,951 m²
Parcel 13373K0125/00C000, Flanders. Linked by address, not a title deed.
1 establishment unit
IIP6 DEVELOPMENT
since 20142.263.953.769
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13373K0125/00C000 | Flanders | 2,951 m² | - | - |
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
Europe Logistics Partners Willebroek II
BE 0567.731.694
Etterbeek · Eq €3,459,103
IDEAL TIMES
BE 0425.218.405
Brussel · Eq €3,458,587
KIMMOK
BE 0751.767.123
Kontich · Eq €3,456,023
NEXT DAY SUSTAINABLE TWO
BE 0665.613.208
Elsene · Eq €3,454,424
Tervia’s Orange
BE 0696.790.788
Hulshout · Eq €3,440,031
Of 9,693 companies in sector 68121 we hold annual accounts for 7,385. 2,278 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
Founded19-09-2014
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.