Financials
- Fiscal year
- 2024
- Total assets
- €195,689
- Loss
- -€51,442
- Solvency
- -35.9%
Turnover▼ 22.7%
Net result
20192020
IKA&CO
ActiveThe file of IKA&CO contains 2 historical bankruptcy publications, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 13.4% (high). The 2024 annual accounts show negative equity (-€70,289) and a net result of -€51,442. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 17% of 18968 sector peers (fiscal year 2024).
Overview
Activity
Limited-service restaurants, excluding mobile food services
NACE 56112Limited-service restaurants NACE 56102
2 sites
Size
€195,689total assets 2024
- Equity
- -€70,289
- Loss
- -€51,442
Structure
Accounts 66 d overdue0 of 5 deeds read
Why 27- 1 financial year not filed after the legal deadline; latest accounts 172 days late; 3 of the last 3 late- Figures for FY 2024 (filed 20-01-2026)- Sector Food and beverage service activities (NACE 56)- Loss of €51,442, the second in a row (FY 2024)Show the evidence
Checked score
Score 2024
27
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 8% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0-20
equity -35.9% of total assets
Liquidity
16+9
short-term debt 135.9% · cash 12.5%
Profitability
0-18
return on assets -26.3%
Bankruptcy probability, 12 months
13.4%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 5.1%lowest value
12-2024: 6.1%▲ +19.5% vs 11-2024
01-2025: 8.0%▲ +30.3% vs 12-2024
02-2025: 8.1%▲ +0.8% vs 01-2025
03-2025: 8.2%▲ +2.1% vs 02-2025
04-2025: 7.5%▼ -9.1% vs 03-2025
05-2025: 7.5%● 0.0% vs 04-2025
06-2025: 7.4%▼ -1.7% vs 05-2025
07-2025: 7.4%● 0.0% vs 06-2025
08-2025: 9.1%▲ +23.5% vs 07-2025
09-2025: 9.1%● 0.0% vs 08-2025
10-2025: 9.1%● 0.0% vs 09-2025
11-2025: 9.8%▲ +7.6% vs 10-2025
12-2025: 9.8%● 0.0% vs 11-2025
01-2026: 9.9%▲ +1.3% vs 12-2025
02-2026: 12.2%▲ +22.8% vs 01-2026
03-2026: 12.0%▼ -1.3% vs 02-2026
04-2026: 12.0%● 0.0% vs 03-2026
05-2026: 11.6%▼ -3.4% vs 04-2026
06-2026: 11.2%▼ -3.8% vs 05-2026
07-2026: 11.1%▼ -0.5% vs 06-2026
08-2026: 11.5%▲ +3.6% vs 07-2026
09-2026: 11.5%▼ -0.2% vs 08-2026
10-2026: 13.4%▲ +16.7% vs 09-2026highest value
- 1 financial year not filed after the legal deadline; latest accounts 172 days late; 3 of the last 3 late raises the probability
- Figures for FY 2024 (filed 20-01-2026) raises the probability
- Sector Food and beverage service activities (NACE 56) raises the probability
- Loss of €51,442, the second in a row (FY 2024) raises the probability
No credit on open account
Liquidity short (current ratio 0.34 against 0.61 in 2023; short-term debt: 135.9% and cash: 12.5% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 9%, liquidity 13%, profitability 8%, growth against the median 3%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 05-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
Credit check for your own amount and term
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Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€70,289
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-01-2026, 172 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
172 d late
2023
523 d late
2022
71 d late
2021
128 d late
2020
130 d late
2019
290 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 219 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Weakest financial yearnet -€51,442
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€70,289 View
- Caution: Equity fell in 2024from -€18,848 to -€70,289 ▼ 273% View
- Caution: Among the weakest 5% on net resultsector median €5,294 · 18,948 companies -€51,442 View
- Caution: Accounts not fileddeadline was 31-07-2026 66 d late View
- Caution: 2 loss-making years in a rowloss fiscal year 2024 -€51,442 View
By topic
Timeline
- Events
- 10
- Since
- 2019
- 19-01-2026Annual accounts filed
- 05-01-2026Annual accounts filed
- 31-12-2024Weakest financial year
Company details
- Sites
- 2
- Legal form
- Private limited company
- Activity
- Limited-service restaurants, excluding mobile food servicesNACE 56112
- Founded
- 29-05-2018
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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