IK GROUP
ActiveSummary
The computed 12-month bankruptcy probability of IK GROUP is 3.4% (moderate). The 2025 annual accounts show equity of €29k and a net result of €22k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 27786 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability85▼-13
Solvency42▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.66 against 0.57 in 2024; short-term debt: 82.8% and cash: 28% of total assets), and 82.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
17.2%
Return on assets
13%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 27786 sector peers (2025).
NBB · sector comparisonPosition among 27786 sector peers
Solvency
better than 19%
← 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 28-05-2026, 64 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
64 d early
2024
30 d early
2023
35 d early
2022
5 d early
2021
36 d late
2020
397 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, micro schema
Equity
€29k▼ 18.6%
2024 · €35k
2020: €2k
2021: €2k
2022: €2k
2023: €139
2024: €35k
2020 → 2025
Total assets
€166k▲ 11.4%
2024 · €149k
2020: €3k
2021: €2k
2022: €2k
2023: €9k
2024: €149k
2020 → 2025
Net result
€22k▼ 38.1%
2024 · €35k
2020: €363
2021: €-128
2022: €-141
2023: €-2k
2024: €35k
2020 → 2025
Working capital
€-47k▲ 3.1%
2024 · €-49k
2020: €2k
2023: €-7k
2024: €-49k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2k-€2k▼ 6.3%€139▼ 93.4%€35k▲ 25,211%€29k▼ 18.6%
Operating result€-2k€42k€30k▼ 29.7%
Net result€-128-€-141▼ 10.0%€-2k▼ 1,292%€35k€22k▼ 38.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €166k
Fixed assets
€76k ▼ 9.6%
Current assets
€90k ▲ 38.5%
Equity and liabilities €166k
Equity
€29k ▼ 18.6%
Debt
€138k ▲ 20.7%
Debt's share of the balance-sheet total rises from 76.4% to 82.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€50k▼
2024 · €51k
Cash flow
€42k▼
2024 · €44k
Current ratio
0.66▲
2024 · 0.57
Quick ratio
0.51▼
2024 · 0.57
Debt to equity
4.81▲
2024 · 3.25
ROE
75.7%▼
2024 · 99.6%
ROA
13.0%▼
2024 · 23.5%
Interest coverage
336.36▼
2024 · 348.69
Debt ≤ 1 year
€138k▲
2024 · €114k
Income taxes
€8k▲
2024 · €7k
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€149k€166k▲
Fixed assets21/28€84k€76k▼
Tangible fixed assets22/27€84k€76k▼
Plant, machinery and equipment23€9k€7k▼
Furniture and vehicles24-€2k
Other tangible fixed assets26€75k€67k▼
Current assets29/58€65k€90k▲
Stocks and contracts in progress3-€20k
Stocks30/36-€20k
Amounts receivable within one year40/41€28k€22k▼
Trade receivables40€28k€22k▼
Cash at bank and in hand54/58€37k€47k▲
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€149k€166k▲
Equity10/15€35k€29k▼
Contributions10/11€2k€2k=
Profit (loss) carried forward14€33k€27k▼
Amounts payable17/49€114k€138k▲
Amounts payable within one year42/48€114k€138k▲
Trade debts44€19€839▲
Suppliers440/4€19€839▲
Taxes, remuneration and social security45€10k€24k▲
Taxes450/3€10k€24k▲
Other amounts payable47/48€104k€113k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€20k▲
Other operating charges640/8€387€1k▲
Gross operating margin9900€51k€51k▼
Operating profit (loss)9901€42k€30k▼
Financial income75/76B-€1
Recurring financial income75-€1
Financial charges65/66B€146€147▲
Recurring financial charges65€146€147▲
Profit (loss) for the period before taxes9903€42k€30k▼
Income taxes67/77€7k€8k▲
Profit (loss) for the period9904€35k€22k▼
Profit (loss) for the period to be appropriated9905€35k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€55k▲
Profit (loss) brought forward from the previous period14P€-2k€33k▲
Profit to be distributed694/7-€28k
Return on contributions (dividend)694-€28k
The notes to these accounts (5 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
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €35k
Net result €35k after 3 loss-making years.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 397 days late
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, Schaarbeek · 1 establishment unit since 2019
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.
Masuistraat 1411030 SchaarbeekGround area
640 m²
Building footprint
641 m²
Volume, LiDAR
5,261 m³
Parcel 21910E0036/00R026, Brussels · tallest building 16.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IK GROUP
since 20192.295.363.359
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21910E0036/00R026 | Brussels | 640 m² | 1 · 641 m² | 16.0 m · 3 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
PROMO CHASSIS
BE 0832.755.292
Jemeppe-sur-Sambre · Eq €28,628
DMR CONCEPT
BE 0781.489.408
Zaventem · Eq €28,622
NVP event solutions
BE 0469.202.262
Zonhoven · Eq €28,620
Pavée
BE 1006.661.050
Langemark-Poelkapelle · Eq €28,653
Znm
BE 1000.966.358
Antwerpen · Eq €28,596
Of 20,024 companies in sector 43320 we hold annual accounts for 9,135. 6,728 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 formPrivate limited company
Founded27-05-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43343Specialised construction activities
47521Retail sale of hardware, building materials, paint and glass (general range)
47789Other retail sale of new goods
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:ikokten03@gmail.com
Phone:0484115510