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IKB GROUP

Active
Private limited company (pre-2019)founded 2016active for 10 yearsHütte 79, 4700 Eupen, BelgiumKBO/BCE: BE 0647.924.861
Summary

The computed 12-month bankruptcy probability of IKB GROUP is 15.3% (high). The 2024 annual accounts show equity of €34,955 and a net result of €40,587. Equity is shrinking by about 25% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2025. Its solvency ranks better than 25% of 2,103 sector peers (NACE 41, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
Size
€190,404total assets 2024
Equity
€34,955
Profit
€40,587
Turnover not published (abbreviated or micro format)
Financial health
30 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
15.3%
Structure
Accounts 71 days overdue0 of 2 deeds read
Why 30raises risk1 financial year not filed after the legal deadline; latest accounts 253 days late; 3 of the last 3 lateNo establishment unit in the KBOFigures for financial year 2024 (filed 17-04-2026)Size: total assets €190,404Show the evidence

Checked score

Score 2024
30 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 52% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Average
Solvency 43+43
equity 18.4% of total assets
Liquidity 7+7
short-term debt 79.5% · cash 0.5%
Profitability 91+91
return on assets 21.3%
Bankruptcy probability, 12 months
15.3% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 7 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,392 companies, NACE 41, micro)
Last 24 months 11-2024: 19.0%highest value 12-2024: 12.3%▼ -6.7 percentage points vs 11-2024 01-2025: 12.3%● unchanged vs 12-2024 02-2025: 12.3%● unchanged vs 01-2025 03-2025: 12.4%▲ +0.1 percentage points vs 02-2025 04-2025: 12.4%● unchanged vs 03-2025 05-2025: 12.2%▼ -0.2 percentage points vs 04-2025 06-2025: 11.9%▼ -0.3 percentage points vs 05-2025 07-2025: 11.6%▼ -0.3 percentage points vs 06-2025 08-2025: 11.7%▲ +0.1 percentage points vs 07-2025 09-2025: 11.2%▼ -0.5 percentage points vs 08-2025 10-2025: 12.4%▲ +1.2 percentage points vs 09-2025 11-2025: 12.5%▲ +0.1 percentage points vs 10-2025 12-2025: 14.3%▲ +1.8 percentage points vs 11-2025 01-2026: 18.3%▲ +4.0 percentage points vs 12-2025 02-2026: 18.3%● unchanged vs 01-2026 03-2026: 18.5%▲ +0.2 percentage points vs 02-2026 04-2026: 17.4%▼ -1.1 percentage points vs 03-2026 05-2026: 11.9%▼ -5.5 percentage points vs 04-2026 06-2026: 11.5%▼ -0.4 percentage points vs 05-2026 07-2026: 11.3%▼ -0.2 percentage points vs 06-2026 08-2026: 11.1%▼ -0.2 percentage points vs 07-2026lowest value 09-2026: 12.6%▲ +1.5 percentage points vs 08-2026 10-2026: 15.3%▲ +2.7 percentage points vs 09-2026
Credit of up to €1,000 on 30-day terms, only on tighter conditions
Liquidity tight (current ratio 1.26, compared with 0.93 in 2023; short-term debt: 79.5% and cash: 0.5% of total assets), and 81.6% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 25% on solvency, 8% on liquidity, 76% on profitability and 99% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 253 days late; 3 of the last 3 late
NBB · filings
raises risk · No establishment unit in the KBO
KBO · seat and establishments
raises risk · Figures for financial year 2024 (filed 17-04-2026)
NBB · annual accounts
raises risk · Size: total assets €190,404
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
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 10-04-2026, 253 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
253 days late
2023
99 days late
2021
100 days late
2020
156 days late
2019
92 days late
2018
96 days 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 133 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · abbreviated…
  2. Back to profitnet €40,587
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 71 days late View
  • Caution: Among the weakest 19% on equitysector median €297,184 · 2,103 companies €34,955 View
  • Total assets 20246 financial years filed €190,404 View

By topic

Financials

Financial year
2024
Total assets
€190,404
Profit
€40,587
Solvency
18.4%
Total assets▲ 879%
Net result
20182024
Go to Financials

Timeline

Events
10
Since
2019
  1. 31-12-2023Weakest financial year
  2. 08-11-2022Annual accounts filed
  3. 03-01-2022Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company (pre-2019)
Activity
General construction of residential buildingsNACE 41001
Founded
08-02-2016
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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