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IKR Services

Active
Private limited companyfounded 20179 yrs activeIndustriestraat 14, 8755 Wingene, BelgiumKBO/BCE: BE 0674.694.287

IKR Services has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €16k. Equity is growing by ~27.3% per year across the filed fiscal years. Its solvency ranks better than 18% of 7757 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2025
59 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-1
Solvency43▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.16 against 1.13 in 2024; short-term debt: 76.5% and cash: 19.8% of total assets), and 82.3% 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 riskneutral
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 2025
Solvency, return and age of the figures
Solvency
17.7%
Return on assets
4.1%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 7757 sector peers (2025).
NBB · sector comparison
Position among 7757 sector peers
Solvency
better than 18%
← weakest strongest →
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 17-12-2025, 45 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
45 d early
2024
44 d early
2023
44 d early
2022
46 d early
2021
41 d early
2020
16 d late
2019
44 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 months
Position in the running window
30-06-2026 close20-09-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€70k▲ 30.4%
2024 · €54k
2019: €21k 2020: €13k 2021: €20k 2022: €25k 2023: €30k 2024: €54k
2019 → 2025
Total assets
€399k▼ 10.8%
2024 · €447k
2019: €381k 2020: €549k 2021: €310k 2022: €174k 2023: €226k 2024: €447k
2019 → 2025
Net result
€16k▼ 30.8%
2024 · €24k
2019: €4k 2020: €-8k 2021: €7k 2022: €5k 2023: €5k 2024: €24k
2019 → 2025
Working capital
€48k▼ 4.2%
2024 · €50k
2019: €7k 2020: €4k 2021: €16k 2022: €25k 2023: €31k 2024: €50k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€20k-€25k▲ 25.9%€30k▲ 20.1%€54k▲ 78.5%€70k▲ 30.4%
Operating result€12k-€12k=€11k▼ 8.5%€39k▲ 268%€36k▼ 8.6%
Net result€7k-€5k▼ 24.6%€5k▼ 2.0%€24k▲ 368%€16k▼ 30.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10k€20k€30k€40kOperating result 2021: €12k€12kNet result 2021: €7k€7kOperating result 2022: €12k€12kNet result 2022: €5k€5kOperating result 2023: €11k€11kNet result 2023: €5k€5kOperating result 2024: €39k€39kNet result 2024: €24k€24kOperating result 2025: €36k€36kNet result 2025: €16k€16k20212022202320242025
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €399k
Fixed assets €46k▲ 806%
Current assets €353k▼ 20.1%
Equity and liabilities €399k
Equity €70k▲ 30.4%
Debt €328k▼ 16.4%
The debt ratio falls from 87.9% to 82.3%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€41k
2024 · €42k
Cash flow
€22k
2024 · €26k
Solvency
17.7%
2024 · 12.1%
Current ratio
1.16
2024 · 1.13
Quick ratio
1.16
2024 · 1.13
Debt / equity
4.66
2024 · 7.27
ROE
23.3%
2024 · 44.0%
ROA
4.1%
2024 · 5.3%
Interest coverage
69.94
2024 · 167.04
Debt
€328k
2024 · €393k
Debt ≤ 1 year
€305k
2024 · €392k
Debt > 1 year
€22k
Income taxes
€19k
2024 · €15k
Staff costs
€1.16M
2024 · €863k
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€447k€399k
Fixed assets21/28€5k€46k
Intangible fixed assets21€5k€3k
Tangible fixed assets22/27-€43k
Furniture and vehicles24-€43k
Current assets29/58€442k€353k
Amounts receivable within one year40/41€426k€265k
Trade receivables40€298k€160k
Other amounts receivable41€127k€106k
Cash at bank and in hand54/58€12k€79k
Deferred charges and accrued income490/1€4k€9k
Equity and liabilities
Total equity and liabilities10/49€447k€399k
Equity10/15€54k€70k
Contributions10/11€12k€12k=
Reserves13€42k€58k
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€42k€58k
Amounts payable17/49€393k€328k
Amounts payable after more than one year17-€22k
Financial debts170/4-€22k
Amounts payable within one year42/48€392k€305k
Current portion of amounts payable after more than one year42-€7k
Trade debts44€73k€171k
Suppliers440/4€73k€171k
Taxes, remuneration and social security45€111k€124k
Taxes450/3€19k€12k
Remuneration and social security454/9€93k€112k
Other amounts payable47/48€208k€3k
Accrued charges and deferred income492/3€696€1k
Income statement Code20242025
Remuneration, social security and pensions62€863k€1.16M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k
Other operating charges640/8€373€732
Gross operating margin9900€905k€1.20M
Operating profit (loss)9901€39k€36k
Financial income75/76B€41€0
Recurring financial income75€41€0
Financial charges65/66B€251€593
Recurring financial charges65€251€593
Profit (loss) for the period before taxes9903€39k€35k
Income taxes67/77€15k€19k
Profit (loss) for the period9904€24k€16k
Profit (loss) for the period to be appropriated9905€24k€16k
Appropriation of the result
Profit (loss) to be appropriated9906€24k€16k
Transfer to equity691/2€24k€16k
To other reserves6921€24k€16k
Social balance
Average headcount (FTE)908711.315.0

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2025
17-12
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
18-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial Highest result since 2019net €24k ▲368%
Operating result €39k, net result €24k, both a record.
2023
18-12
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
16-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
21-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial Back to profitnet €7k
Net result €7k after one loss-making year.
16-02
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 16 days late
2020
30-06
Financial Weakest financial yearnet €-8k ▼287%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
2019
18-12
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
17-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
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, Wingene · 1 establishment unit since 2017
establishment The establishment unit on the map
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.

Industriestraat 148755 Wingene
Ground area
1,305 m²
Building footprint
280 m²
Volume, LiDAR
1,452 m³
Parcel 37012C0329/00V000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Industriestraat 14, 8755 Wingene
Repair and maintenance of fabricated metal products
since 20172.263.868.647
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
37012C0329/00V000 Flanders 1,305 m² 1 · 280 m² 7.9 m · 2 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.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 3 entries · 1,395 EUR awarded · 1,866 EUR paid
Year Entries awardedpaid
2025 1 589 EUR589 EUR
2023 1 296 EUR767 EUR
2022 1 510 EUR510 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
3 entries · 1,395 EUR · 1,866 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Dual-learning approval

2 live approvals
Lasser-monteerder (vwo)
Goedgekeurd · 2026 to 2031
Lasser-monteerder duaal (so)
Goedgekeurd · 2026 to 2031

Similar companies · same sector, comparable size

Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,782 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded20-04-2017
Fiscal year end30-06
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
82990Other business support services
81100Combined facilities support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.