IJZERLAND
ActiveIJZERLAND has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.13M and a net result of €30k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 24% of 4822 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability31▲+10
Solvency30▲+10
Growth43▼-3
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity short (current ratio 0.93 against 0.87 in 2024), and 77.7% 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 · 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
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
22.3%
Return on assets
0.6%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 4822 sector peers (2025).
NBB · sector comparisonPosition among 4822 sector peers
Solvency
better than 24%
← weakest
strongest →
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
19 d late
2023
7 d late
2022
4 d late
2021
12 d late
2020
5 d late
2019
28 d early
← 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€10.69M▼ 5.3%
2024 · €11.28M
2023: €11.29M
2024: €11.28M
2023 → 2025
EBIT margin
2.1%▲ 1.7pp
2024 · 0.4%
2023: 1.9%
2024: 0.4%
2023 → 2025
Net result
€30k
2024 · €-102k
2018: €127k
2019: €-4k
2020: €92k
2021: €563k
2022: €1.10M
2023: €135k
2024: €-102k
2018 → 2025
Working capital
€-165k▲ 56.5%
2024 · €-380k
2018: €98k
2019: €-217k
2020: €-141k
2021: €-209k
2022: €-201k
2023: €-358k
2024: €-380k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€11.29M€11.28M▼ 0.1%€10.69M▼ 5.3%
Equity€721k-€1.22M▲ 69.3%€1.20M▼ 1.3%€1.10M▼ 8.4%€1.13M▲ 2.7%
Operating result€692k-€1.16M▲ 68.0%€210k▼ 82.0%€43k▼ 79.7%€220k▲ 418%
Net result€563k-€1.10M▲ 95.3%€135k▼ 87.8%€-102k€30k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 418% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.09M
Fixed assets
€2.95M▼ 17.1%
Current assets
€2.14M▼ 14.9%
Equity and liabilities €5.09M
Equity
€1.13M▲ 2.7%
Provisions
€49k▼ 14.9%
Debt
€3.91M▼ 20.4%
The debt ratio falls from 80.9% to 76.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€1.15M▲
2024 · €951k
Cash flow
€960k▲
2024 · €807k
Solvency
22.3%▲
2024 · 18.2%
Current ratio
0.93▲
2024 · 0.87
Quick ratio
0.60▲
2024 · 0.57
Debt / equity
3.45▼
2024 · 4.45
ROE
2.6%▲
2024 · -9.2%
ROA
0.6%▲
2024 · -1.7%
Interest coverage
9.51▲
2024 · 7.89
Debt
€3.91M▼
2024 · €4.91M
Debt ≤ 1 year
€2.31M▼
2024 · €2.90M
Debt > 1 year
€1.60M▼
2024 · €2.01M
Income taxes
€9k▲
2024 · €8k
Staff costs
€897k▲
2024 · €863k
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€6.07M€5.09M▼
Fixed assets21/28€3.56M€2.95M▼
Tangible fixed assets22/27€3.55M€2.95M▼
Land and buildings22€724k€672k▼
Plant, machinery and equipment23€859k€830k▼
Furniture and vehicles24€92k€47k▼
Leasing and similar rights25€1.83M€1.35M▼
Other tangible fixed assets26€54k€49k▼
Financial fixed assets28€1k€1k=
Other financial fixed assets284/8€1k€1k=
Amounts receivable and cash guarantees285/8€1k€1k=
Current assets29/58€2.52M€2.14M▼
Stocks and contracts in progress3€858k€757k▼
Stocks30/36€858k€757k▼
Goods purchased for resale34€858k€757k▼
Amounts receivable within one year40/41€1.03M€995k▼
Trade receivables40€630k€772k▲
Other amounts receivable41€403k€223k▼
Current investments50/53€153k€153k=
Other investments51/53€153k€153k=
Cash at bank and in hand54/58€399k€164k▼
Deferred charges and accrued income490/1€72k€73k▲
Equity and liabilities
Total equity and liabilities10/49€6.07M€5.09M▼
Equity10/15€1.10M€1.13M▲
Contributions10/11€24k€24k=
Reserves13€1.08M€1.11M▲
Tax-exempt reserves132€360k€340k▼
Distributable reserves133€719k€769k▲
Provisions and deferred taxes16€58k€49k▼
Deferred taxes168€58k€49k▼
Amounts payable17/49€4.91M€3.91M▼
Amounts payable after more than one year17€2.01M€1.60M▼
Financial debts170/4€1.92M€1.60M▼
Leasing and similar obligations172€1.21M€807k▼
Credit institutions173€718k€789k▲
Other amounts payable178/9€85k-
Amounts payable within one year42/48€2.90M€2.31M▼
Current portion of amounts payable after more than one year42€770k€776k▲
Financial debts43€806k€1.00M▲
Credit institutions430/8€806k€1.00M▲
Trade debts44€1.23M€413k▼
Suppliers440/4€1.23M€413k▼
Taxes, remuneration and social security45€80k€114k▲
Taxes450/3€497€32k▲
Remuneration and social security454/9€79k€82k▲
Other amounts payable47/48€12k€5k▼
Accrued charges and deferred income492/3€7k€6k▼
Income statement
Code20242025
Operating income70/76A€11.37M€10.80M▼
Turnover70€11.28M€10.69M▼
Other operating income74€77k€59k▼
Non-recurring operating income76A€9k€56k▲
Operating charges60/66A€11.33M€10.58M▼
Goods for resale, raw materials and consumables60€8.08M€7.27M▼
Purchases600/8€8.03M€7.17M▼
Change in stocks: decrease (increase)609€50k€101k▲
Services and other goods61€1.46M€1.44M▼
Remuneration, social security and pensions62€863k€897k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€908k€930k▲
Other operating charges640/8€21k€39k▲
Non-recurring operating charges66A€1k-
Operating profit (loss)9901€43k€220k▲
Financial income75/76B€2k€2▼
Recurring financial income75€2k€2▼
Income from current assets751€36-
Other financial income752/9€2k€2▼
Financial charges65/66B€146k€190k▲
Recurring financial charges65€146k€190k▲
Debt charges650€121k€121k▲
Other financial charges652/9€25k€69k▲
Profit (loss) for the period before taxes9903€-101k€30k▲
Transfer from deferred taxes780€7k€9k▲
Income taxes67/77€8k€9k▲
Taxes670/3€8k€9k▲
Profit (loss) for the period9904€-102k€30k▲
Transfer from tax-exempt reserves789€17k€20k▲
Profit (loss) for the period to be appropriated9905€-84k€50k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-84k€50k▲
Transfer from equity791/2€84k-
From reserves792€84k-
Transfer to equity691/2-€50k
To other reserves6921-€50k
Social balance
Average headcount (FTE)908713.211.9▼
The notes to these accounts (61 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €30k
Net result €30k after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 19 days late
2024
31-12
Financial
Weakest financial yearnet €-102k ▼176%
Net result drops to €-102k, the lowest in the series; recovery starts the following year.
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 7 days late
2023
04-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 days late
2022
31-12
Financial
Highest result since 2018net €1.10M ▲95.3%
Operating result €1.16M, net result €1.10M, both a record.
31-12
Financial
Equity above €1MEq €1.22M ▲69.3%
3 profitable years in a row build equity to €1.22M.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 12 days late
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 5 days late
2020
31-12
Financial
Back to profitnet €92k
Net result €92k after one loss-making year.
31-12
Financial
Equity above €500kEq €558k ▲12.3%
Equity rises from €496k to €558k.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Wommelgem · 1 establishment unit since 1991
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.
De Hoge Keer 1A2160 WommelgemGround area
4,324 m²
Building footprint
1,344 m²
Volume, LiDAR
14,587 m³
Parcel 11052B0360/00A002, Flanders · tallest building 12.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
IJZERLAND
since 19912.054.093.279
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11052B0360/00A002 | Flanders | 4,324 m² | 1 · 1,344 m² | 12.0 m · 4 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 34,684 EUR awarded · 36,277 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,477 EUR | 7,477 EUR |
| 2024 | 2 | 16,319 EUR | 16,319 EUR |
| 2023 | 1 | 5,907 EUR | 7,797 EUR |
| 2022 | 1 | 4,981 EUR | 4,684 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Werkbaarheidscheque (stopgezet)
Recognitions · licences · registrations
Recognised contractor
1 categoryIJZERLAND BV38376
Dual-learning approval
1 endedSimilar companies · same sector, comparable size
ROUSSEAU et FILS
BE 0454.156.770
Ath · Eq €1.14M
ROMETA
BE 0448.495.039
Westerlo · Eq €1.15M
S.D. DEMOLITIONS - DEPANNAGES
BE 0436.946.396
Charleroi · Eq €1.11M
ALFAMET
BE 0428.058.921
Dendermonde · Eq €1.16M
Dubaere 2.0
BE 0896.777.371
Lendelede · Eq €1.08M
Of 413 companies in sector 46872 we hold annual accounts for 217. 161 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-1991
Fiscal year end31-12
Activities, NACEBEL
46872Wholesale trade
51570
43110Demolition
81230Other cleaning activities
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.