Equity
-€1,287
Debts exceed assets in financial year 2025.
ILLYRIAN GROUP
Lifetime
4 annual accounts with figures on one time axispeak €3,208 (2022)
€1,120
lowest -€2,938 (2023)
-€64▲ €1,916
peak €3,694 (2022)
-€1,287▼ €64
€4,236▼ 12.3%
Board1 name since 2021
1 directorKELMENDI Laura
Documentsfilings and deeds
10-09-202641 days late
2025micro format
Loss of €64Cash from €233 to €150
Key points
from the 2025 annual accountsLosses
-€4,981 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Turnover
≈ €5,700 estimated
The accounts state no turnover.
Filings
4 annual accounts 4 late
The 2024 accounts came latest: 223 days after the end of the period.
At the same address
9 companies
Position in the sector
-43.7%
Lower solvency than 88% of companies in accommodation. Sector median 19.0% · 1,609 companies.
Checked score
52
Fair
Financially stronger than 21% of micro companies in accommodation (NACE 55)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 2,522 companies (NACE 55, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 4.5%
01-2025: 4.1%▼ -0.4 percentage points vs 12-2024
02-2025: 4.1%● unchanged vs 01-2025
03-2025: 3.9%▼ -0.2 percentage points vs 02-2025
04-2025: 4.0%▲ +0.1 percentage points vs 03-2025
05-2025: 4.1%▲ +0.1 percentage points vs 04-2025
06-2025: 3.9%▼ -0.2 percentage points vs 05-2025
07-2025: 3.9%● unchanged vs 06-2025
08-2025: 4.6%▲ +0.7 percentage points vs 07-2025
09-2025: 4.9%▲ +0.3 percentage points vs 08-2025
10-2025: 6.4%▲ +1.5 percentage points vs 09-2025
11-2025: 6.5%▲ +0.1 percentage points vs 10-2025
12-2025: 7.6%▲ +1.1 percentage points vs 11-2025
01-2026: 10.3%▲ +2.7 percentage points vs 12-2025
02-2026: 10.3%● unchanged vs 01-2026
03-2026: 10.6%▲ +0.3 percentage points vs 02-2026highest value
04-2026: 5.9%▼ -4.7 percentage points vs 03-2026
05-2026: 6.0%▲ +0.1 percentage points vs 04-2026
06-2026: 5.8%▼ -0.2 percentage points vs 05-2026
07-2026: 5.7%▼ -0.1 percentage points vs 06-2026
08-2026: 6.4%▲ +0.7 percentage points vs 07-2026
09-2026: 6.9%▲ +0.5 percentage points vs 08-2026
10-2026: 2.0%▼ -4.9 percentage points vs 09-2026lowest value
11-2026: 2.0%● unchanged vs 10-2026lowest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 41 days late; 3 of the last 3 accounts late
Founded in 2021
Negative equity -€1,287
lowers risk
Size: total assets €2,948
Calculation
The band follows from the bankruptcy probability. 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 55, micro). It does better than 8% of them on solvency, 9% on liquidity, 28% on profitability and 37% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,564 companies had the same profile as ILLYRIAN GROUP has now. Each dot stands for 4 companies, two years later.
88.9%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ILLYRIAN GROUP itself: 2.0% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,564 companies, not a prediction for ILLYRIAN GROUP. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
The balance sheet total is too small for a liquidity verdict. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€1,287
raises risk · 2025 accounts filed 41 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
41 days late
2024
223 days late
2023
135 days late
2022
99 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 125 days after the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 November (3 of the last 4 accounts filed within 77 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Purpose change · Amendment of the articles
“Verhuur en exploitatie van eigen of geleasd onroerende goederen; De organisatie, de promotie en/of het beheer…” (deed in Dutch) · General meeting of 24-07-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0771308465
First establishment
Brusselsesteenweg 613, Asse
Incorporation
Founding capital of €2,000, 100 shares · Founder: KELMENDI Laura (comparant oprichter) · Appointment: KELMENDI Laura (director) · published on 14-07-2021 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ILLYRIAN GROUP Asse | €2,948 | €1,120 | -43.7% | - |
| ROOM ENGINE Antwerp | €3,320 | -€5,134 | -824.6% | - |
| MAOSS Ans | €4,394 | -€5,605 | 100.0% | - |
| ONEGIA Bouillon | €1,100 | -€26,504 | -3105.8% | 0.2 |
| AMAND'EAU Puurs-Sint-Amands | €9,635 | -€1,472 | -21.0% | - |
| Domaine des Deux Hêtres Frameries | €10,013 | -€9,380 | -255.8% | - |
| LES GITES DE BARVAUX Havelange | €10,505 | -€2,377 | -455.9% | - |
These companies have the same main activity as ILLYRIAN GROUP: holiday cottages, homes and apartments (NACE 55203). They are comparable in size and age: total assets between €1,100 and €10,500, founded between 2016 and 2025.
Official details
Source: KBO- Status
- Active since 12-07-2021Normal situation
- Registered office
- 11 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 10 November 2026.
- Activity
- Holiday cottages, homes and apartmentsNACE 55203and 5 others
- Establishment unit
- 2.320.039.0701731 Asse, since 05-08-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 10-12-2025
Insights on ILLYRIAN GROUP
ILLYRIAN GROUP files the micro format. That format states no turnover. The gross margin fell from €3,208 in 2022 to €1,120 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ILLYRIAN GROUP
- What is the company number of ILLYRIAN GROUP?
- The company number of ILLYRIAN GROUP is 0771.308.465. The VAT number is the same number with BE in front: BE 0771.308.465.
- Where is ILLYRIAN GROUP based?
- The registered office is at Brusselsesteenweg 613, 1731 Asse.Company details
- What does ILLYRIAN GROUP do?
- According to the KBO register, the main activity is holiday cottages, homes and apartments (NACE 55203).
- What is the legal form of ILLYRIAN GROUP?
- ILLYRIAN GROUP is a private limited company (BV).
- When was ILLYRIAN GROUP founded?
- ILLYRIAN GROUP was founded on 12-07-2021.
- Is ILLYRIAN GROUP still active?
- Yes, ILLYRIAN GROUP is an active enterprise in the KBO register.
- What is the turnover of ILLYRIAN GROUP?
- The turnover in financial year 2025 is ≈ €5,700. This figure is estimated from the gross margin of €1,120 and 30 comparable companies (NACE 55). It probably lies between €3,300 and €9,000. It is a rough estimate.Financials
- Is ILLYRIAN GROUP profitable?
- In financial year 2025, ILLYRIAN GROUP made a loss of €64.
- Where can I find the annual accounts of ILLYRIAN GROUP?
- ILLYRIAN GROUP filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ILLYRIAN GROUP due?
- ILLYRIAN GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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