IJZERWAREN DE BALANS
ActiveSummary
IJZERWAREN DE BALANS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.04M and a net result of €45k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 63% of 4867 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-1
Solvency82▲+5
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 2.22 against 2.06 in 2024; short-term debt: 42.1% and cash: 12.5% of total assets), and 43.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
56.7%
Return on assets
2.4%
Age of the figures
9 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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
25 d late
2022
28 d late
2021
28 d late
2020
31 d late
2019
64 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€45k▼ 22.2%
2024 · €58k
2018: €34k
2019: €32k
2020: €91k
2021: €78k
2022: €141k
2023: €128k
2024: €58k
2018 → 2025
Working capital
€944k▲ 3.1%
2024 · €916k
2018: €1.06M
2019: €585k
2020: €818k
2021: €866k
2022: €817k
2023: €912k
2024: €916k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€812k-€812k▲ 0.1%€941k▲ 15.8%€998k▲ 6.2%€1.04M▲ 4.5%
Operating result€108k-€189k▲ 74.4%€156k▼ 17.3%€74k▼ 52.7%€57k▼ 23.2%
Net result€78k-€141k▲ 80.8%€128k▼ 8.8%€58k▼ 54.9%€45k▼ 22.2%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 23% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.84M
Fixed assets
€121k ▼ 4.7%
Current assets
€1.72M ▼ 3.6%
Equity and liabilities €1.84M
Equity
€1.04M ▲ 4.5%
Debt
€797k ▼ 12.6%
Debt's share of the balance-sheet total falls from 47.7% to 43.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€89k▼
2024 · €96k
Cash flow
€77k▼
2024 · €80k
Current ratio
2.22▲
2024 · 2.06
Quick ratio
1.68▲
2024 · 1.27
Debt to equity
0.76▼
2024 · 0.91
ROE
4.3%▼
2024 · 5.8%
ROA
2.4%▼
2024 · 3.0%
Interest coverage
7.20▼
2024 · 7.92
Debt ≤ 1 year
€775k▼
2024 · €868k
Debt > 1 year
€22k▼
2024 · €45k
Income taxes
€19k▼
2024 · €22k
Staff costs
€263k▲
2024 · €236k
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 · 2025 against 2024 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.91M€1.84M▼
Fixed assets21/28€127k€121k▼
Tangible fixed assets22/27€78k€70k▼
Land and buildings22€9k€21k▲
Furniture and vehicles24€4k€7k▲
Leasing and similar rights25€65k€43k▼
Financial fixed assets28€49k€51k▲
Current assets29/58€1.78M€1.72M▼
Stocks and contracts in progress3€681k€413k▼
Stocks30/36€681k€413k▼
Amounts receivable within one year40/41€817k€1.07M▲
Trade receivables40€798k€1.03M▲
Other amounts receivable41€19k€39k▲
Current investments50/53€0€0=
Cash at bank and in hand54/58€282k€231k▼
Deferred charges and accrued income490/1€4k€4k▼
Equity and liabilities
Total equity and liabilities10/49€1.91M€1.84M▼
Equity10/15€998k€1.04M▲
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€924k€969k▲
Non-distributable reserves130/1€7k€7k=
Legal reserve130€7k€7k=
Tax-exempt reserves132€19k€19k=
Distributable reserves133€898k€943k▲
Amounts payable17/49€912k€797k▼
Amounts payable after more than one year17€45k€22k▼
Financial debts170/4€45k€22k▼
Amounts payable within one year42/48€868k€775k▼
Current portion of amounts payable after more than one year42€68k€45k▼
Trade debts44€311k€162k▼
Suppliers440/4€311k€162k▼
Taxes, remuneration and social security45€41k€67k▲
Taxes450/3€18k€15k▼
Remuneration and social security454/9€23k€52k▲
Other amounts payable47/48€447k€501k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€0▼
Remuneration, social security and pensions62€236k€263k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€32k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€44k€62k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€378k€418k▲
Operating profit (loss)9901€74k€57k▼
Financial income75/76B€18k€20k▲
Recurring financial income75€18k€20k▲
Financial charges65/66B€12k€12k▲
Recurring financial charges65€12k€12k▲
Profit (loss) for the period before taxes9903€80k€64k▼
Income taxes67/77€22k€19k▼
Profit (loss) for the period9904€58k€45k▼
Profit (loss) for the period to be appropriated9905€58k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€45k▼
Transfer to equity691/2€58k€45k▼
To other reserves6921€58k€45k▼
Social balance
Average headcount (FTE)90874.55.2▲
The notes to these accounts (16 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-12
Financial
Equity above €1MEq €1.04M ▲4.5%
8 profitable years in a row build equity to €1.04M.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 25 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-12
Financial
Highest result since 2018net €141k ▲80.8%
Operating result €189k, net result €141k, both a record.
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 28 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
03-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 64 days late
2019
31-12
Financial
Weakest financial yearnet €32k ▼6.5%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
2018
29-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Zele · 1 establishment unit since 1994
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.
Industriestraat 299240 ZeleGround area
2,055 m²
Building footprint
1,072 m²
Volume, LiDAR
4,468 m³
Parcel 42028B0796/00D000, Flanders · tallest building 5.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
IJZERWAREN DE BALANS
since 19942.065.668.349
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028B0796/00D000 | Flanders | 2,055 m² | 1 · 1,072 m² | 5.1 m · 1 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.
Similar companies · same sector, comparable size
FRENI AG
BE 0474.257.546
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ANTWERP TOOLS SERVICES
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TOTAL INDUSTRIAL SUPPLIES & OUTSOURCING
BE 0471.352.890
Gent · Eq €1,064,070
WIL'OUTILS
BE 0839.775.025
Chimay · Eq €1,065,550
GREGOIRE
BE 0452.207.565
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Of 505 companies in sector 46841 we hold annual accounts for 365. 289 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded15-02-1994
Fiscal year end31-12
Activities, NACEBEL 2025
46841Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.