IIV CONSTRUCT
ActiveThe computed 12-month bankruptcy probability of IIV CONSTRUCT is 1.5% (moderate). The annual accounts of IIV CONSTRUCT for fiscal year 2025 show a net loss of 53% of total assets and of 66% of the equity at the start of that year. The 2025 annual accounts show equity of €6k and a net result of €-12k. Equity is shrinking by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 33% of 7431 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-100
Solvency52▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.02 against 1.35 in 2024; short-term debt: 71.1% of total assets), and 73% 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.
+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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27%
Return on assets
-53.4%
Age of the figures
9 mo
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
neutral · Filed after the deadline
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. 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 · 8 filingsDeviation from the deadline
2025
31 d late
2024
57 d late
2023
49 d late
2022
29 d late
2021
24 d early
2020
30 d late
2019
12 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€6k▼ 66.5%
2024 · €18k
2018: €31k
2019: €18k
2020: €25k
2021: €28k
2022: €49k
2023: €392
2024: €18k
2018 → 2025
Total assets
€22k▼ 62.6%
2024 · €58k
2018: €95k
2019: €165k
2020: €180k
2021: €88k
2022: €85k
2023: €38k
2024: €58k
2018 → 2025
Net result
€-12k
2024 · €17k
2018: €18k
2019: €-14k
2020: €7k
2021: €3k
2022: €21k
2023: €-48k
2024: €17k
2018 → 2025
Working capital
€270▼ 98.1%
2024 · €14k
2018: €13k
2019: €-3k
2020: €5k
2021: €6k
2022: €29k
2023: €-8k
2024: €14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€28k-€49k▲ 75.0%€392▼ 99.2%€18k▲ 4,375%€6k▼ 66.5%
Operating result€4k-€27k▲ 526%€-46k€20k€-8k
Net result€3k-€21k▲ 661%€-48k€17k€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €8k after €20k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €22k
Fixed assets
€6k▲ 95.0%
Current assets
€16k▼ 71.4%
Equity and liabilities €22k
Equity
€6k▼ 66.5%
Debt
€16k▼ 60.9%
The debt ratio rises from 69.9% to 73.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▼
2024 · €25k
Cash flow
€-8k▼
2024 · €22k
Solvency
27.0%▼
2024 · 30.1%
Current ratio
1.02▼
2024 · 1.35
Quick ratio
1.02▼
2024 · 1.35
Debt / equity
2.71▲
2024 · 2.33
ROE
-198.1%▼
2024 · 97.8%
ROA
-53.4%▼
2024 · 29.4%
Interest coverage
-1.28▼
2024 · 9.72
Debt
€16k▼
2024 · €41k
Debt ≤ 1 year
€16k▼
2024 · €41k
Income taxes
€0▼
2024 · €111
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€58k€22k▼
Fixed assets21/28€3k€6k▲
Tangible fixed assets22/27€3k€6k▲
Plant, machinery and equipment23€3k€507▼
Furniture and vehicles24€241€6k▲
Financial fixed assets28€30€30=
Current assets29/58€55k€16k▼
Amounts receivable within one year40/41€49k€11k▼
Trade receivables40€47k€9k▼
Other amounts receivable41€2k€2k▼
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€58k€22k▼
Equity10/15€18k€6k▼
Contributions10/11€13k€13k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€3k€-9k▼
Amounts payable17/49€41k€16k▼
Amounts payable within one year42/48€41k€16k▼
Financial debts43€5k€833▼
Credit institutions430/8€5k€833▼
Trade debts44€12k€0▼
Suppliers440/4€12k€0▼
Advances received on contracts in progress46€12k€0▼
Taxes, remuneration and social security45€243€111▼
Taxes450/3€243€111▼
Other amounts payable47/48€12k€15k▲
Accrued charges and deferred income492/3-€428
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€4k▼
Other operating charges640/8€651€1k▲
Gross operating margin9900€26k€-3k▼
Operating profit (loss)9901€20k€-8k▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€17k€-12k▼
Income taxes67/77€111€0▼
Profit (loss) for the period9904€17k€-12k▼
Profit (loss) for the period to be appropriated9905€17k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3k€-9k▼
Profit (loss) brought forward from the previous period14P€-14k€3k▲
The notes to these accounts (10 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Back to profitnet €17k
Net result €17k after one loss-making year.
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
31-12
Financial
Weakest financial yearnet €-48k ▼331%
Net result drops to €-48k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Highest result since 2018net €21k ▲661%
Operating result €27k, net result €21k, both a record.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wavre · 1 establishment unit since 2018
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.
Rue de Moriensart 161300 WavreGround area
705 m²
Building footprint
99 m²
Volume, LiDAR
523 m³
Parcel 25055B0370/00V000, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IIV CONSTRUCT
since 20182.275.318.904
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25055B0370/00V000 | Wallonia | 705 m² | 1 · 99 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 7,113 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-03-2018
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:iliya.victorovitch@gmail.com