Ijsphee

Active

Private limited companyfounded 20233 yrs activeHuldenbergstraat 32, 3080 Tervuren, BelgiumKBO/BCE: BE 0800.221.987

The computed 12-month bankruptcy probability of Ijsphee is 5.3% (elevated). The 2024 annual accounts show negative equity (€-23k) and a net result of €-37k. Its solvency ranks better than 15% of 26056 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

7 / 100

Critical▼ -46 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency33▼-1

Growth32

Stability94

Bankruptcy probability, 12 months

5.3% Elevated

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.19 against 0.51 in 2023), and equity is negative.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

-25.1%

Return on assets

-40.4%

Age of the figures

20 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 47

Relative position

BE, all sectors

reference

Sector 47

higher

← fewer bankruptcies more bankruptcies →

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

Negative equity

Equity is negative for financial year 2024: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).

NBB · annual accounts 2024

Equity per financial year

2324

2023 to 2024 · latest year -€23k

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

57 d late

2023

62 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€-23k

2023 · €14k

2023: €14k

2023 → 2024

Total assets

€91k▲ 87.4%

2023 · €49k

2023: €49k

2023 → 2024

Net result

€-37k

2023 · €7k

2023: €7k

2023 → 2024

Working capital

€-68k▼ 335%

2023 · €-16k

2023: €-16k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€14k-€-23k

Operating result€11k-€-30k

Net result€7k-€-37k

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 2024: a loss of €30k after €11k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €91k

82.7%

17.3%

Fixed assets €76k▲ 130%

Current assets €16k▼ 1.0%

Key figures and ratios

2024 value · change against 2023

EBITDA

€-6k▼

2023 · €21k

Cash flow

€-13k▼

2023 · €16k

Solvency

-25.1%▼

2023 · 28.8%

Current ratio

0.19▼

2023 · 0.51

Quick ratio

0.19▼

2023 · 0.51

Debt / equity

-4.99▼

2023 · 2.48

ROE

161.2%▲

2023 · 46.6%

ROA

-40.4%▼

2023 · 13.4%

Interest coverage

-0.91▼

2023 · 9.98

Debt

€114k▲

2023 · €35k

Debt ≤ 1 year

€83k▲

2023 · €31k

Debt > 1 year

€31k▲

2023 · €3k

Income taxes

€214▼

2023 · €3k

Staff costs

€78k▲

2023 · €12k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€49k€91k▲

Fixed assets21/28€33k€76k▲

Intangible fixed assets21-€40k

Tangible fixed assets22/27€33k€36k▲

Plant, machinery and equipment23€9k€8k▼

Furniture and vehicles24€24k€28k▲

Current assets29/58€16k€16k▼

Amounts receivable within one year40/41€544€3k▲

Trade receivables40-€3k

Other amounts receivable41€544-

Cash at bank and in hand54/58€15k€12k▼

Deferred charges and accrued income490/1€600€116▼

Equity and liabilities

Total equity and liabilities10/49€49k€91k▲

Equity10/15€14k€-23k▼

Contributions10/11€8k€8k=

Reserves13€7k-

Distributable reserves133€7k-

Profit (loss) carried forward14-€-30k

Amounts payable17/49€35k€114k▲

Amounts payable after more than one year17€3k€31k▲

Financial debts170/4€3k€31k▲

Amounts payable within one year42/48€31k€83k▲

Current portion of amounts payable after more than one year42€10k€17k▲

Trade debts44€16k€11k▼

Suppliers440/4€16k€11k▼

Taxes, remuneration and social security45€6k€12k▲

Taxes450/3€3k€5k▲

Remuneration and social security454/9€3k€7k▲

Other amounts payable47/48€185€43k▲

Income statement Code20232024

Remuneration, social security and pensions62€12k€78k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€24k▲

Other operating charges640/8€270€1k▲

Gross operating margin9900€33k€73k▲

Operating profit (loss)9901€11k€-30k▼

Financial income75/76B€8-

Recurring financial income75€8-

Financial charges65/66B€2k€7k▲

Recurring financial charges65€2k€7k▲

Profit (loss) for the period before taxes9903€9k€-37k▼

Income taxes67/77€3k€214▼

Profit (loss) for the period9904€7k€-37k▼

Profit (loss) for the period to be appropriated9905€7k€-37k▼

Appropriation of the result

Profit (loss) to be appropriated9906€7k€-37k▼

Transfer from equity791/2-€7k

Transfer to equity691/2€7k-

To other reserves6921€7k-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 2Filings 2

2025

26-09

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 57 days late

2024

01-10

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 62 days late

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Tervuren · 2 establishment units since 2023

establishment All 2 establishment units on the map

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.

Huldenbergstraat 323080 Tervuren

Ground area

5,121 m²

Building footprint

1,495 m²

Volume, LiDAR

14,739 m³

2 parcels, Flanders · tallest building 17.3 m, ±3 floors. Linked by address, not a title deed.

2 establishment units

Ijsphee

Huldenbergstraat 32, 3080 TervurenManufacture of food products

since 20232.344.004.802

Ijsphee

Huidevettersstraat 7, 2800 MechelenManufacture of food products

since 20232.344.004.901

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
24023A0192/00L000	Flanders	3,842 m²	1 · 216 m²	9.1 m · 2 fl.
12025C0300/00T000 ProtectedMonumentStedelijke VleeshalSource ↗	Flanders	1,279 m²	1 · 1,279 m²	17.3 m · 3 fl.