IKA DESIGN
ActiveThe computed 12-month bankruptcy probability of IKA DESIGN is 3.9% (moderate). The 2025 annual accounts show equity of €18k and a net result of €6k. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 29% of 27386 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
66
/ 100
Healthy▲ +1 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency40▲+14
Growth32=
Stability100
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.89 against 1.05 in 2024), and 72.4% 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.
+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 →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 10-12-2025, 52 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
52 d early
2024
57 d early
2023
47 d early
2022
54 d early
2021
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€441k
EBIT margin
8.3%
Net result
€6k▲ 21.6%
2024 · €5k
2021: €18k
2022: €8k
2023: €5k
2024: €5k
2021 → 2025
Working capital
€-4k
2024 · €2k
2021: €10k
2022: €27k
2023: €32k
2024: €2k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€441k-
Equity€23k-€31k▲ 36.9%€36k▲ 15.7%€18k▼ 50.5%€18k▲ 0.6%
Operating result€37k-€19k▼ 47.7%€7k▼ 63.9%€7k▲ 3.8%€11k▲ 49.7%
Net result€18k-€8k▼ 52.7%€5k▼ 41.7%€5k▼ 1.3%€6k▲ 21.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 50% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65k
Fixed assets
€36k▼ 20.5%
Current assets
€29k▼ 35.0%
Equity and liabilities €65k
Equity
€18k▲ 0.6%
Debt
€47k▼ 34.7%
The debt ratio falls from 80.2% to 72.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€20k▲
2024 · €13k
Cash flow
€15k▲
2024 · €10k
Solvency
27.6%▲
2024 · 19.8%
Current ratio
0.89▼
2024 · 1.05
Quick ratio
0.89▼
2024 · 1.05
Debt / equity
2.63▼
2024 · 4.05
ROE
32.7%▲
2024 · 27.1%
ROA
9.0%▲
2024 · 5.4%
Interest coverage
7.77▼
2024 · 13.54
Debt
€47k▼
2024 · €72k
Debt ≤ 1 year
€33k▼
2024 · €42k
Debt > 1 year
€15k▼
2024 · €30k
Income taxes
€2k▲
2024 · €1k
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€90k€65k▼
Fixed assets21/28€45k€36k▼
Tangible fixed assets22/27€45k€36k▼
Plant, machinery and equipment23€907€383▼
Furniture and vehicles24€44k€36k▼
Current assets29/58€45k€29k▼
Amounts receivable within one year40/41€19k€13k▼
Trade receivables40€10k-
Other amounts receivable41€10k€13k▲
Cash at bank and in hand54/58€23k€15k▼
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€90k€65k▼
Equity10/15€18k€18k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€13k€13k▲
Amounts payable17/49€72k€47k▼
Amounts payable after more than one year17€30k€15k▼
Financial debts170/4€30k€15k▼
Amounts payable within one year42/48€42k€33k▼
Current portion of amounts payable after more than one year42€18k€15k▼
Trade debts44€229€14k▲
Suppliers440/4€229€14k▲
Taxes, remuneration and social security45€1k€3k▲
Taxes450/3€1k€3k▲
Other amounts payable47/48€23k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€9k▲
Other operating charges640/8€4k€10k▲
Gross operating margin9900€16k€30k▲
Operating profit (loss)9901€7k€11k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€930€3k▲
Recurring financial charges65€930€3k▲
Profit (loss) for the period before taxes9903€6k€8k▲
Income taxes67/77€1k€2k▲
Profit (loss) for the period9904€5k€6k▲
Profit (loss) for the period to be appropriated9905€5k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€19k▼
Profit (loss) brought forward from the previous period14P€31k€13k▼
Profit to be distributed694/7€23k€6k▼
Return on contributions (dividend)694€23k€6k▼
The notes to these accounts (7 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
2025
10-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
05-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet €5k ▼1.3%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
2023
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Liquidity doublescurrent ratio 3.63
Current ratio from 1.74 to 3.63; short-term debt falls from €36k to €12k.
2022
08-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
29-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Brussel · 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.
Chrysantenstraat 201020 BrusselGround area
120 m²
Building footprint
110 m²
Volume, LiDAR
1,408 m³
Parcel 21816C0157/00L000, Brussels · tallest building 15.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
IKA DESIGN
since 20192.359.493.326
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21816C0157/00L000 | Brussels | 120 m² | 1 · 110 m² | 15.1 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.
Similar companies · same sector, comparable size
INCI 21
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DEEPAFLOOR
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GEDIK
BE 0758.681.639
Beringen · Eq €18k
DE VOS FALCO
BE 0473.663.074
Berlare · Eq €18k
Trappeniers Karel & Zoon
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Tervuren · Eq €18k
Of 3,934 companies in sector 43331 we hold annual accounts for 1,774. 1,298 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2019
Fiscal year end30-06
Activities, NACEBEL
43331Floor and wall tiling
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
52250Logistics services
52290Warehousing and support activities for transportation
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.