ILB Plus
ActiveSummary
ILB Plus has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €3k. Equity is growing by ~25.4% per year across the filed fiscal years. Its solvency ranks better than 43% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability39▼-3
Solvency49▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 16.52 in 2024; short-term debt: 48% and cash: 0.1% of total assets), but 76% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
24%
Return on assets
0.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
28 d late
2024
29 d late
2023
34 d late
2022
30 d late
2021
31 d late
2020
31 d late
2019
8 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€171k▲ 1.8%
2024 · €168k
Total assets
€713k▼ 12.8%
2024 · €817k
Net result
€3k▼ 78.2%
2024 · €14k
Working capital
€371k▼ 51.7%
2024 · €768k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€66k€216k▲ 225%€49k▼ 77.4%€65k▲ 32.5%€54k▼ 16.5%
Net result€61k€128k▲ 110%€6k▼ 95.2%€14k▲ 125%€3k▼ 78.2%
Equity€20k€148k▲ 625%€154k▲ 4.1%€168k▲ 8.9%€171k▲ 1.8%
Total assets€643k▼ 18.0%€1.85M▲ 187%€946k▼ 48.7%€817k▼ 13.6%€713k▼ 12.8%
Debt€623k▼ 24.5%€1.70M▲ 173%€792k▼ 53.3%€649k▼ 18.0%€542k▼ 16.5%
Working capital€618k▲ 11.2%€748k▲ 21.1%€754k▲ 0.9%€768k▲ 1.8%€371k▼ 51.7%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €713k
Equity
€171k ▲ 1.8%
Debt
€542k ▼ 16.5%
Debt's share of the balance-sheet total falls from 79.5% to 76.0%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
2.08▼
2024 · 16.52
Quick ratio
0.42▼
2024 · 5.90
Debt to equity
3.17▼
2024 · 3.87
ROE
1.8%▼
2024 · 8.2%
ROA
0.4%▼
2024 · 1.7%
Debt ≤ 1 year
€342k▲
2024 · €49k
Debt > 1 year
€200k▼
2024 · €600k
Income taxes
€1k▼
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €1k | - | - | - |
| Other operating charges640/8 | €2k | €3k | €21k | €1k | €20k | ▲ 1,778% |
| Non-recurring operating charges66A | - | - | €51k | - | - | - |
| Gross operating margin9900 | €70k | €220k | €121k | €66k | €74k | ▲ 13.1% |
| Operating profit (loss)9901 | €66k | €216k | €49k | €65k | €54k | ▼ 16.5% |
| Financial income75/76B | - | - | - | €281 | - | - |
| Recurring financial income75 | - | - | - | €281 | - | - |
| Financial charges65/66B | €2k | €44k | €40k | €46k | €50k | ▲ 8.3% |
| Recurring financial charges65 | €2k | €44k | €40k | €46k | €50k | ▲ 8.3% |
| Profit (loss) for the period before taxes9903 | €64k | €172k | €9k | €19k | €4k | ▼ 78.3% |
| Income taxes67/77 | €4k | €44k | €3k | €5k | €1k | ▼ 78.8% |
| Profit (loss) for the period9904 | €61k | €128k | €6k | €14k | €3k | ▼ 78.2% |
| Profit (loss) for the period to be appropriated9905 | €61k | €128k | €6k | €14k | €3k | ▼ 78.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €643k | €1.85M | €946k | €817k | €713k | ▼ 12.8% |
| Fixed assets21/28 | €3k | €1k | - | - | - | - |
| Tangible fixed assets22/27 | €3k | €1k | - | - | - | - |
| Plant, machinery and equipment23 | €3k | €1k | - | - | - | - |
| Current assets29/58 | €640k | €1.84M | €946k | €817k | €713k | ▼ 12.8% |
| Stocks and contracts in progress3 | €460k | €905k | €556k | €526k | €569k | ▲ 8.3% |
| Stocks30/36 | €460k | €905k | €556k | €526k | €569k | ▲ 8.3% |
| Amounts receivable within one year40/41 | €45k | €782k | €290k | €147k | €142k | ▼ 3.0% |
| Trade receivables40 | €8 | €491k | €4k | €3k | €27k | ▲ 784% |
| Other amounts receivable41 | €45k | €291k | €287k | €144k | €116k | ▼ 19.5% |
| Cash at bank and in hand54/58 | €134k | €156k | €96k | €144k | €939 | ▼ 99.3% |
| Deferred charges and accrued income490/1 | €1k | €2k | €4k | €1k | €707 | ▼ 49.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €643k | €1.85M | €946k | €817k | €713k | ▼ 12.8% |
| Equity10/15 | €20k | €148k | €154k | €168k | €171k | ▲ 1.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €14k | €142k | €148k | €162k | €165k | ▲ 1.9% |
| Distributable reserves133 | €14k | €142k | €148k | €162k | €165k | ▲ 1.9% |
| Amounts payable17/49 | €623k | €1.70M | €792k | €649k | €542k | ▼ 16.5% |
| Amounts payable after more than one year17 | €600k | €600k | €600k | €600k | €200k | ▼ 66.7% |
| Financial debts170/4 | €600k | €600k | €600k | €600k | €200k | ▼ 66.7% |
| Amounts payable within one year42/48 | €23k | €1.10M | €192k | €49k | €342k | ▲ 591% |
| Current portion of amounts payable after more than one year42 | - | €40k | - | - | - | - |
| Financial debts43 | - | €486k | - | - | €239k | - |
| Credit institutions430/8 | - | €486k | - | - | €239k | - |
| Trade debts44 | €18k | €51k | €7k | €2k | €22k | ▲ 1,183% |
| Suppliers440/4 | €18k | €51k | €7k | €2k | €22k | ▲ 1,183% |
| Advances received on contracts in progress46 | - | €386k | - | - | - | - |
| Taxes, remuneration and social security45 | €4k | €12k | €47k | €8k | €21k | ▲ 164% |
| Taxes450/3 | €4k | €12k | €47k | €8k | €21k | ▲ 164% |
| Other amounts payable47/48 | €558 | €121k | €138k | €40k | €61k | ▲ 52.5% |
| Accrued charges and deferred income492/3 | - | €1k | - | €14 | €103 | ▲ 646% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €61k | €128k | €6k | €14k | €3k | ▼ 78.2% |
| + Depreciation and write-downs630 | €1k | €1k | €1k | - | - | - |
| Operating cash flow (approximation) | €62k | €129k | €7k | €14k | €3k | ▼ 78.2% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | €22k | €-61k | €48k | €-143k | ▼ 395% |
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
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Liquidity triplescurrent ratio 16.52
Current ratio from 4.92 to 16.52; short-term debt falls from €192k to €49k.
03-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 34 days late
2023
31-12
Financial
Liquidity triplescurrent ratio 4.92
Current ratio from 1.68 to 4.92; short-term debt falls from €1.10M to €192k.
31-12
Financial
Equity above €150kEq €154k ▲4.1%
3 profitable years in a row build equity to €154k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
31-12
Financial
Highest result since 2019net €128k ▲110%
Operating result €216k, net result €128k, both a record.
31-12
Financial
Equity above €100kEq €148k ▲625%
2 profitable years in a row build equity to €148k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €61k
Net result €61k after 2 loss-making years.
31-12
Financial
Liquidity times 8current ratio 28.40
Current ratio from 3.47 to 28.40; short-term debt falls from €225k to €23k.
Show earlier events
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-42k
Net result drops to €-42k, the lowest in the series; recovery starts the following year.
23-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Kasterlee · 1 establishment unit since 2018
Ground area
4,860 m²
Building footprint
2,364 m²
Volume, LiDAR
15,991 m³
Parcel 13017F0107/00V003, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
ILB+
since 20182.282.813.143
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13017F0107/00V003 | Flanders | 4,860 m² | 1 · 2,364 m² | 10.9 m · 2 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.
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,384. 5,341 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
Founded10-12-2018
Fiscal year end31-12
Abbreviation NL
ILB+
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
70200Business and other management consultancy
73200Market research and public opinion polling
Scores and ratios are computed by Checked and are not a credit decision.