ILFATEC
ActiveILFATEC has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €224k and a net result of €28k. Equity is growing by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 58% of 27619 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-7
Solvency79=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 1.88 against 2.06 in 2024; short-term debt: 28.8% and cash: 45.9% of total assets), and 45.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
54.1%
Return on assets
6.7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 10 filingsDeviation from the deadline
2025
3 d late
2024
93 d early
2023
26 d late
2022
21 d late
2021
39 d early
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€224k▲ 13.2%
2024 · €198k
2018: €126k
2019: €131k
2020: €156k
2021: €185k
2022: €153k
2023: €181k
2024: €198k
2018 → 2025
Total assets
€413k▲ 12.1%
2024 · €369k
2018: €280k
2019: €306k
2020: €321k
2021: €339k
2022: €295k
2023: €312k
2024: €369k
2018 → 2025
Net result
€28k▼ 38.3%
2024 · €45k
2018: €13k
2019: €6k
2020: €26k
2021: €31k
2022: €15k
2023: €29k
2024: €45k
2018 → 2025
Working capital
€105k▲ 17.1%
2024 · €90k
2018: €97k
2019: €92k
2020: €97k
2021: €103k
2022: €70k
2023: €80k
2024: €90k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€185k-€153k▼ 17.3%€181k▲ 18.1%€198k▲ 9.2%€224k▲ 13.2%
Operating result€49k-€26k▼ 47.2%€47k▲ 80.4%€80k▲ 71.0%€55k▼ 31.5%
Net result€31k-€15k▼ 51.2%€29k▲ 92.6%€45k▲ 52.8%€28k▼ 38.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 32% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €413k
Fixed assets
€189k▼ 2.6%
Current assets
€225k▲ 28.3%
Equity and liabilities €413k
Equity
€224k▲ 13.2%
Debt
€190k▲ 10.8%
The debt ratio falls from 46.4% to 45.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€85k▼
2024 · €101k
Cash flow
€58k▼
2024 · €66k
Solvency
54.1%▲
2024 · 53.6%
Current ratio
1.88▼
2024 · 2.06
Quick ratio
1.88▼
2024 · 2.06
Debt / equity
0.85▼
2024 · 0.87
ROE
12.4%▼
2024 · 22.7%
ROA
6.7%▼
2024 · 12.2%
Interest coverage
13.64▼
2024 · 23.07
Debt
€190k▲
2024 · €171k
Debt ≤ 1 year
€119k▲
2024 · €85k
Debt > 1 year
€70k▼
2024 · €86k
Income taxes
€22k▼
2024 · €32k
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€369k€413k▲
Fixed assets21/28€194k€189k▼
Tangible fixed assets22/27€194k€189k▼
Land and buildings22€143k€137k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€46k€48k▲
Financial fixed assets28€70€70=
Current assets29/58€175k€225k▲
Amounts receivable within one year40/41€79k€21k▼
Trade receivables40€70k€12k▼
Other amounts receivable41€9k€10k▲
Current investments50/53€4k€4k▲
Cash at bank and in hand54/58€89k€190k▲
Deferred charges and accrued income490/1€3k€10k▲
Equity and liabilities
Total equity and liabilities10/49€369k€413k▲
Equity10/15€198k€224k▲
Contributions10/11€6k€6k=
Reserves13€192k€218k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€8k€8k=
Distributable reserves133€182k€208k▲
Amounts payable17/49€171k€190k▲
Amounts payable after more than one year17€86k€70k▼
Financial debts170/4€86k€70k▼
Amounts payable within one year42/48€85k€119k▲
Current portion of amounts payable after more than one year42€20k€19k▼
Trade debts44€15k€27k▲
Suppliers440/4€15k€27k▲
Advances received on contracts in progress46€9k€9k=
Taxes, remuneration and social security45€6k€29k▲
Taxes450/3€5k€12k▲
Remuneration and social security454/9€935€17k▲
Other amounts payable47/48€35k€35k▼
Accrued charges and deferred income492/3€474€487▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€30k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€104k€88k▼
Operating profit (loss)9901€80k€55k▼
Financial income75/76B€1k€605▼
Recurring financial income75€1k€605▼
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€77k€49k▼
Income taxes67/77€32k€22k▼
Profit (loss) for the period9904€45k€28k▼
Profit (loss) for the period to be appropriated9905€45k€28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€28k▼
Transfer from equity791/2€28k-
Transfer to equity691/2€45k€26k▼
To other reserves6921€45k€26k▼
Profit to be distributed694/7€28k€2k▼
Return on contributions (dividend)694€28k€2k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
31-12
Financial
Equity above €200kEq €224k ▲13.2%
8 profitable years in a row build equity to €224k.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €45k ▲52.8%
Operating result €80k, net result €45k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €150kEq €156k ▲18.6%
3 profitable years in a row build equity to €156k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €6k ▼50.2%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
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, Lommel · 2 establishment units since 2010
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.
Gareelmakersweg 813920 LommelGround area
2.3 ha
Building footprint
1,740 m²
Volume, LiDAR
721 m³
2 parcels, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
ILFATEC
since 20102.194.330.238
Ilfatec
since 20162.260.023.883
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72345B1085/00C011 | Flanders | 2.2 ha | 1 · 1,615 m² | 0.2 m |
| 72345B1802/00V002 | Flanders | 509 m² | 1 · 125 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
2 categoriesILFATEC BV33602
Legal Entity Identifier
64886Y6LO545G0H2TD81
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VERTICAL
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Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 8,099 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-12-2010
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.