ILO INVEST
ActiveThe computed 12-month bankruptcy probability of ILO INVEST is 4.1% (elevated). The 2024 annual accounts show negative equity (€-29k) and a net result of €-79k. Equity is growing by ~17.8% per year across the filed fiscal years. Its solvency ranks better than 8% of 36375 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
21
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-71
Solvency16▼-25
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
4.1%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 1.01 in 2023; short-term debt: 68.8% and cash: 2.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+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
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-8.6%
Return on assets
-24%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year €-29k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
120 d late
2023
30 d late
2022
38 d early
2021
30 d late
2020
36 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-29k
2023 · €51k
2020: €25k
2021: €36k
2022: €46k
2023: €51k
2020 → 2024
Total assets
€331k▲ 2.2%
2023 · €324k
2020: €75k
2021: €227k
2022: €277k
2023: €324k
2020 → 2024
Net result
€-79k
2023 · €5k
2020: €16k
2021: €12k
2022: €10k
2023: €5k
2020 → 2024
Working capital
€-67k
2023 · €1k
2020: €9k
2021: €-40k
2022: €-30k
2023: €1k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€25k-€36k▲ 43.4%€46k▲ 27.7%€51k▲ 11.3%€-29k
Operating result€20k-€14k▼ 30.1%€15k▲ 8.9%€8k▼ 50.0%€-66k
Net result€16k-€12k▼ 24.7%€10k▼ 20.5%€5k▼ 47.6%€-79k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €66k after €8k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €331k
Fixed assets
€170k▲ 35.0%
Current assets
€161k▼ 18.7%
Key figures and ratios
EBITDA
€-18k▼
2023 · €41k
Cash flow
€-31k▼
2023 · €39k
Solvency
-8.6%▼
2023 · 15.6%
Current ratio
0.71▼
2023 · 1.01
Quick ratio
0.42▼
2023 · 0.49
Debt / equity
-12.56▼
2023 · 5.39
ROA
-24.0%▼
2023 · 1.6%
Interest coverage
-1.35▼
2023 · 24.59
Debt
€360k▲
2023 · €274k
Debt ≤ 1 year
€228k▲
2023 · €197k
Debt > 1 year
€132k▲
2023 · €77k
Income taxes
€638▼
2023 · €2k
Staff costs
€188k▲
2023 · €180k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€324k€331k▲
Formation expenses20€0-
Fixed assets21/28€126k€170k▲
Tangible fixed assets22/27€124k€168k▲
Plant, machinery and equipment23€44k€27k▼
Furniture and vehicles24€74k€137k▲
Other tangible fixed assets26€6k€4k▼
Financial fixed assets28€2k€2k=
Current assets29/58€198k€161k▼
Stocks and contracts in progress3€103k€65k▼
Stocks30/36€63k€35k▼
Contracts in progress37€40k€30k▼
Amounts receivable within one year40/41€74k€72k▼
Trade receivables40€65k€69k▲
Other amounts receivable41€9k€4k▼
Cash at bank and in hand54/58€2k€9k▲
Deferred charges and accrued income490/1€20k€15k▼
Equity and liabilities
Total equity and liabilities10/49€324k€331k▲
Equity10/15€51k€-29k▼
Contributions10/11€10k€10k=
Reserves13€36k€36k=
Distributable reserves133€36k€36k=
Profit (loss) carried forward14€5k€-74k▼
Amounts payable17/49€274k€360k▲
Amounts payable after more than one year17€77k€132k▲
Financial debts170/4€11k€80k▲
Other amounts payable178/9€65k€52k▼
Amounts payable within one year42/48€197k€228k▲
Current portion of amounts payable after more than one year42€11k€26k▲
Trade debts44€101k€123k▲
Suppliers440/4€101k€123k▲
Taxes, remuneration and social security45€80k€79k▼
Taxes450/3€27k€12k▼
Remuneration and social security454/9€54k€67k▲
Other amounts payable47/48€5k€0▼
Income statement
Code20232024
Remuneration, social security and pensions62€180k€188k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€48k▲
Other operating charges640/8€4k€9k▲
Non-recurring operating charges66A€9k€0▼
Gross operating margin9900€235k€179k▼
Operating profit (loss)9901€8k€-66k▼
Financial income75/76B€948€330▼
Recurring financial income75€948€330▼
Financial charges65/66B€2k€13k▲
Recurring financial charges65€2k€13k▲
Profit (loss) for the period before taxes9903€7k€-79k▼
Income taxes67/77€2k€638▼
Profit (loss) for the period9904€5k€-79k▼
Profit (loss) for the period to be appropriated9905€5k€-79k▼
Appropriation of the result
Profit (loss) to be appropriated9906€5k€-74k▼
Profit (loss) brought forward from the previous period14P-€5k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
2024
31-12
Financial
Weakest financial yearnet €-79k ▼1636%
Net result drops to €-79k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro 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, Soumagne · 1 establishment unit since 2020
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.
Rue Campagne(MEL) 764633 SoumagneGround area
1,286 m²
Building footprint
341 m²
Volume, LiDAR
2,522 m³
2 parcels, Wallonia · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
ILO INVEST
since 20202.307.672.659
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62069B0280/00L002 | Wallonia | 745 m² | 1 · 314 m² | 9.7 m · 3 fl. |
| 62070A0076/00G000indicative | Wallonia | 541 m² | 1 · 27 m² | 3.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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AQUAPROEF
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RELOOK TOITURES
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Of 4,265 companies in sector 43230 we hold annual accounts for 1,239. 1,025 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-09-2020
Fiscal year end31-12
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
43990Other specialised construction activities
43999Specialised construction activities
43310Plastering work
43422Screed work
43992Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:iloinvest@outlook.com