IKU
Open bankruptcyFinancials · financial year 2023, micro format
2023 annual accounts filed late (740 days) Filed on 10 August 2026, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2026-00393527.
Equity
-€84,713▲ 1.7%
2022 · -€86,192
Total assets
€435,933▼ 4.0%
2022 · €454,008
Net result
€1,478
2022 · -€5,035
Working capital
-€520,647▲ 3.5%
2022 · -€539,675
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result returns to profit in 2023: €1,501 after a loss of €5,035 in 2022, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€1,501
2023
Net result€1,478
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€435,933
2023
Equity-€84,713
2023
Debt€520,647
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€520,647
2023
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€17,273--€854▲ 95.1%-€7,390▼ 765%-€16,852▼ 128%-€5,035▲ 70.1%€1,501
Net result-€17,273--€854▲ 95.1%-€7,390▼ 765%-€16,852▼ 128%-€5,035▲ 70.1%€1,478
Equity-€56,060--€56,914▼ 1.5%-€64,305▼ 13.0%-€81,157▼ 26.2%-€86,192▼ 6.2%-€84,713▲ 1.7%
Total assets€538,504-€517,380▼ 3.9%€496,256▼ 4.1%€475,132▼ 4.3%€454,008▼ 4.4%€435,933▼ 4.0%
Debt€594,565-€574,294▼ 3.4%€560,561▼ 2.4%€556,288▼ 0.8%€540,199▼ 2.9%€520,647▼ 3.6%
Working capital-€594,040--€573,770▲ 3.4%-€560,036▲ 2.4%-€555,764▲ 0.8%-€539,675▲ 2.9%-€520,647▲ 3.5%
Turnover and EBIT margin not published: the micro format does not require them.
Key figures and ratios
EBITDA
€19,051▲
2022 · €16,089
Cash flow
€19,028▲
2022 · €16,089
Solvency
-19.4%▼
2022 · -19.0%
Current ratio
0.00▼
2022 · 0.00
ROA
0.3%▲
2022 · -1.1%
Interest coverage
over 100
Debt ≤ 1 year
€520,647▼
2022 · €540,199
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,282 | €21,124 | €21,124 | €21,124 | €21,124 | €17,550 | ▼ 16.9% |
| Other operating charges640/8 | - | - | - | - | €524 | €323 | ▼ 38.4% |
| Gross operating margin9900 | €4,009 | €20,270 | €13,734 | €4,272 | €16,613 | €19,374 | ▲ 16.6% |
| Operating profit (loss)9901 | -€17,273 | -€854 | -€7,390 | -€16,852 | -€5,035 | €1,501 | - |
| Financial charges65/66B | - | - | - | - | - | €23 | - |
| Recurring financial charges65 | - | - | - | - | - | €23 | - |
| Profit (loss) for the period before taxes9903 | -€17,273 | -€854 | -€7,390 | -€16,852 | -€5,035 | €1,478 | - |
| Profit (loss) for the period9904 | -€17,273 | -€854 | -€7,390 | -€16,852 | -€5,035 | €1,478 | - |
| Profit (loss) for the period to be appropriated9905 | -€17,273 | -€854 | -€7,390 | -€16,852 | -€5,035 | €1,478 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €538,504 | €517,380 | €496,256 | €475,132 | €454,008 | €435,933 | ▼ 4.0% |
| Fixed assets21/28 | €537,980 | €516,856 | €495,732 | €474,608 | €453,483 | €435,933 | ▼ 3.9% |
| Tangible fixed assets22/27 | €537,980 | €516,856 | €495,732 | €474,608 | €453,483 | €435,933 | ▼ 3.9% |
| Land and buildings22 | - | - | - | €474,608 | €453,483 | €435,933 | ▼ 3.9% |
| Current assets29/58 | €524 | €524 | €524 | €524 | €524 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €524 | €524 | €524 | €524 | €524 | €0 | ▼ 100% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €538,504 | €517,380 | €496,256 | €475,132 | €454,008 | €435,933 | ▼ 4.0% |
| Equity10/15 | -€56,060 | -€56,914 | -€64,305 | -€81,157 | -€86,192 | -€84,713 | ▲ 1.7% |
| Contributions10/11 | €9,000 | €9,000 | - | €9,000 | €9,000 | €9,000 | = |
| Capital10 | - | - | - | - | €9,000 | - | - |
| Issued capital100 | - | - | - | - | €18,600 | - | - |
| Uncalled capital101 | - | - | - | - | €9,600 | - | - |
| Contributions outside capital11 | - | - | - | €9,000 | - | - | - |
| Share premium1100/10 | - | - | - | €9,000 | - | - | - |
| Profit (loss) carried forward14 | -€65,060 | -€65,914 | -€73,305 | -€90,157 | -€95,192 | -€93,713 | ▲ 1.6% |
| Amounts payable17/49 | €594,565 | €574,294 | €560,561 | €556,288 | €540,199 | €520,647 | ▼ 3.6% |
| Amounts payable within one year42/48 | €594,565 | €574,294 | €560,561 | €556,288 | €540,199 | €520,647 | ▼ 3.6% |
| Other amounts payable47/48 | - | - | - | €556,288 | €540,199 | €520,647 | ▼ 3.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€17,273 | -€854 | -€7,390 | -€16,852 | -€5,035 | €1,478 | - |
| + Depreciation and write-downs630 | €21,282 | €21,124 | €21,124 | €21,124 | €21,124 | €17,550 | ▼ 16.9% |
| Operating cash flow (approximation) | €4,009 | €20,270 | €13,734 | €4,272 | €16,089 | €19,028 | ▲ 18.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €0 | €0 | €0 | €0 | -€524 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | micro format | 10-08-2026 | 2026-00393527 |
| 31-12-2022 | micro format | 29-09-2023 | 2023-00473939 |
| 31-12-2021 | micro format | 30-09-2022 | 2022-20452943 |
| 31-12-2020 | micro format | 05-07-2021 | 2021-31200140 |
| 31-12-2019 | micro format | 27-08-2020 | 2020-46200056 |
| 31-12-2018 | micro format | 30-08-2019 | 2019-63300309 |
| 31-12-2017 | micro format | 27-09-2018 | 2018-68300135 |
| 31-12-2016 | micro format | 20-02-2018 | 2018-05400386 |
| 31-12-2015 | full format | 28-03-2018 | 2018-08200501 |
| 31-12-2014 | full format | 28-03-2018 | 2018-08200470 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.