Ikabas
ActiveSummary
The computed 12-month bankruptcy probability of Ikabas is 4.5% (elevated). The 2024 annual accounts show equity of €56,614 and a net result of -€19,382. Equity is growing by ~21.7% per year across the filed fiscal years. Its solvency ranks better than 42% of 18934 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability10▼-63
Solvency45▼-4
Growth59=
Track record100
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.24 against 1.29 in 2023; short-term debt: 80.1% and cash: 99% of total assets), and 80.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
19.9%
Return on assets
-6.8%
Age of the figures
21 mo
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 31-12-2025, 153 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
153 d late
2023
142 d late
2022
153 d late
2021
150 d late
2020
153 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 150 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)
History
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Financials · fiscal year 2024, micro schema
Turnover
€200,809▲ 13.4%
2021 · €177,073
EBIT margin
8.9%▼ 3.7pp
2021 · 12.6%
Net result
-€19,382
2023 · €11,548
Working capital
€55,398▼ 19.1%
2023 · €68,478
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€160,478-€177,073▲ 10.3%€200,809▲ 13.4%
Operating result€22,038-€22,320▲ 1.3%€17,895▼ 19.8%€22,235▲ 24.3%-€10,774
Net result€21,954above the sector's middle half-€21,777within the sector's middle half▼ 0.8%€14,518within the sector's middle half▼ 33.3%€11,548within the sector's middle half▼ 20.5%-€19,382below the sector's middle half
EBIT margin13.7%-12.6%▼ 1.1pp8.9%▼ 3.7pp
Equity€28,154within the sector's middle half-€49,931within the sector's middle half▲ 77.3%€64,449within the sector's middle half▲ 29.1%€75,997within the sector's middle half▲ 17.9%€56,614within the sector's middle half▼ 25.5%
Total assets€73,527within the sector's middle half-€172,163below the sector's middle half▲ 134%€270,621above the sector's middle half▲ 57.2%€316,214above the sector's middle half▲ 16.8%€284,317above the sector's middle half▼ 10.1%
Debt€45,373-€122,232▲ 169%€206,172▲ 68.7%€240,217▲ 16.5%€227,703▼ 5.2%
Working capital€23,857within the sector's middle half-€36,338within the sector's middle half▲ 52.3%€49,341above the sector's middle half▲ 35.8%€68,478above the sector's middle half▲ 38.8%€55,398above the sector's middle half▼ 19.1%
Solvency38.3%within the sector's middle half-29.0%within the sector's middle half▼ 9.3pp23.8%within the sector's middle half▼ 5.2pp24.0%within the sector's middle half▲ 0.2pp19.9%within the sector's middle half▼ 4.1pp
Current ratio1.53within the sector's middle half-1.30within the sector's middle half▼ 0.231.24within the sector's middle half▼ 0.061.29within the sector's middle half▲ 0.051.24within the sector's middle half▼ 0.04
Return on assets (ROA)29.9%above the sector's middle half-12.6%within the sector's middle half▼ 17.2pp5.4%within the sector's middle half▼ 7.3pp3.7%within the sector's middle half▼ 1.7pp-6.8%below the sector's middle half▼ 10.5pp
Staff (FTE)0.1below the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €10,774 after €22,235 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €284,317
Fixed assets
€1,216 ▼ 83.8%
Current assets
€283,101 ▼ 8.3%
Equity and liabilities €284,317
Equity
€56,614 ▼ 25.5%
Debt
€227,703 ▼ 5.2%
Debt's share of the balance-sheet total rises from 76.0% to 80.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€4,471▼
2023 · €30,313
Cash flow
-€13,080▼
2023 · €19,626
Debt to equity
4.02▲
2023 · 3.16
ROE
-34.2%▼
2023 · 15.2%
Interest coverage
-5.79▼
2023 · 33.30
Debt ≤ 1 year
€227,703▼
2023 · €240,217
Income taxes
€7,836▼
2023 · €9,777
Staff costs
€197▲
2023 · €61
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,548 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 91% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a small loss
4.3%
went bankrupt
3.9%
stopped otherwise
91%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,548 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €160,478 | €177,073 | €200,809 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €158,032 | €186,180 | - | - | - |
| Remuneration, social security and pensions62 | - | €208 | €1,104 | €61 | €197 | ▲ 226% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,453 | €8,177 | €7,983 | €8,079 | €6,303 | ▼ 22.0% |
| Other operating charges640/8 | - | €4,047 | €3,854 | €4,929 | €2,443 | ▼ 50.4% |
| Gross operating margin9900 | €26,969 | €34,752 | €30,836 | €35,303 | -€1,831 | ▼ 105% |
| Operating profit (loss)9901 | €22,038 | €22,320 | €17,895 | €22,235 | -€10,774 | ▼ 148% |
| Financial income75/76B | - | - | - | - | €0 | - |
| Recurring financial income75 | €0 | - | - | - | €0 | - |
| Financial charges65/66B | - | €543 | €1,128 | €910 | €773 | ▼ 15.1% |
| Recurring financial charges65 | €84 | €543 | €1,128 | €910 | €773 | ▼ 15.1% |
| Profit (loss) for the period before taxes9903 | €21,954 | €21,777 | €16,766 | €21,324 | -€11,546 | ▼ 154% |
| Income taxes67/77 | - | - | €2,248 | €9,777 | €7,836 | ▼ 19.8% |
| Profit (loss) for the period9904 | €21,954 | €21,777 | €14,518 | €11,548 | -€19,382 | ▼ 268% |
| Profit (loss) for the period to be appropriated9905 | €21,954 | €21,777 | €14,518 | €11,548 | -€19,382 | ▼ 268% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €73,527 | €172,163 | €270,621 | €316,214 | €284,317 | ▼ 10.1% |
| Fixed assets21/28 | €4,297 | €13,593 | €15,109 | €7,519 | €1,216 | ▼ 83.8% |
| Tangible fixed assets22/27 | €4,297 | €13,593 | €15,109 | €7,519 | €1,216 | ▼ 83.8% |
| Land and buildings22 | - | €2,974 | €1,652 | €330 | - | - |
| Plant, machinery and equipment23 | - | €10,619 | €7,124 | €4,023 | €1,216 | ▼ 69.8% |
| Furniture and vehicles24 | - | - | €6,333 | €3,166 | €0 | ▼ 100.0% |
| Current assets29/58 | €69,230 | €158,570 | €255,512 | €308,695 | €283,101 | ▼ 8.3% |
| Stocks and contracts in progress3 | €233 | €733 | €1,859 | €2,385 | - | - |
| Stocks30/36 | - | €733 | €1,859 | €2,385 | - | - |
| Amounts receivable within one year40/41 | €36,817 | €14,293 | €1,143 | €4,162 | €1,657 | ▼ 60.2% |
| Trade receivables40 | - | €14,293 | - | - | - | - |
| Other amounts receivable41 | - | - | €1,143 | €4,162 | €1,657 | ▼ 60.2% |
| Cash at bank and in hand54/58 | €32,180 | €143,544 | €252,510 | €302,148 | €281,444 | ▼ 6.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €73,527 | €172,163 | €270,621 | €316,214 | €284,317 | ▼ 10.1% |
| Equity10/15 | €28,154 | €49,931 | €64,449 | €75,997 | €56,614 | ▼ 25.5% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Uncalled capital101 | - | €12,400 | - | - | - | - |
| Outside capital11 | - | - | €6,200 | €6,200 | €6,200 | = |
| Other1109/19 | - | - | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €21,954 | €43,731 | €58,249 | €69,797 | €50,414 | ▼ 27.8% |
| Amounts payable17/49 | €45,373 | €122,232 | €206,172 | €240,217 | €227,703 | ▼ 5.2% |
| Amounts payable within one year42/48 | €45,373 | €122,232 | €206,172 | €240,217 | €227,703 | ▼ 5.2% |
| Trade debts44 | - | - | €11,611 | €28,990 | €52,185 | ▲ 80.0% |
| Suppliers440/4 | - | - | €11,611 | €28,990 | €52,185 | ▲ 80.0% |
| Taxes, remuneration and social security45 | - | €1,249 | €1,604 | €1,696 | - | - |
| Taxes450/3 | - | €1,249 | €1,604 | €1,696 | - | - |
| Other amounts payable47/48 | - | €120,984 | €192,957 | €209,531 | €175,518 | ▼ 16.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €21,954 | €21,777 | €14,518 | €11,548 | -€19,382 | ▼ 268% |
| + Depreciation and write-downs630 | €3,453 | €8,177 | €7,983 | €8,079 | €6,303 | ▼ 22.0% |
| Operating cash flow (approximation) | €25,407 | €29,954 | €22,502 | €19,626 | -€13,080 | ▼ 167% |
| Investment in fixed assets (approximation) | - | -€17,473 | -€9,499 | -€489 | €0 | ▲ 100% |
| Change in cash | - | €111,364 | €108,967 | €49,638 | -€20,704 | ▼ 142% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2024
31-12
Financial
Weakest financial yearnet -€19,382
Net result drops to -€19,382, the lowest in the series.
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 142 days late
2023
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 150 days late
2021
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 153 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2019
Ground area
169 m²
Building footprint
169 m²
Volume, LiDAR
2,599 m³
Parcel 11807G0196/00Y003, Flanders · tallest building 23.8 m, ±6 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Ikabas
since 20192.287.938.703
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0196/00Y003 | Flanders | 169 m² | 1 · 169 m² | 23.8 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
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
2024 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,777. 8,332 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-04-2019
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0724560997
Also
9925:BE0724560997
Registered
03-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.