Skip to content

ILONKA

Active
Private limited companyfounded 2007active for 19 yearsHaneveldlaan 112, 1850 Grimbergen, BelgiumKBO/BCE: BE 0887.277.014
Summary

ILONKA has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €474,975 and a net result of €41,199. Equity is growing by about 10% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).

Financials · financial year 2025, micro format

Equity
€474,975▲ 9.5%
2024 · €433,776
Total assets
€1.3m▼ 3.5%
2024 · €1.3m
Net result
€41,199▼ 30.8%
2024 · €59,535
Working capital
-€178,612▼ 3.4%
2024 · -€172,656
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 26% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.09m 2025 Net result€0.04m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.08m-€0.1m▲ 28.6%€0.08m▼ 26.5%€0.05m▼ 39.7%€0.06m▲ 32.4%€0.06m▲ 4.6%€0.1m▲ 79.1%€0.09m▼ 25.5%
Net result€0.03m-€0.05m▲ 73.0%€0.04m▼ 13.9%€0.01m▼ 69.6%€0.02m▲ 87.5%€0.03m▲ 32.6%€0.06m▲ 95.5%€0.04m▼ 30.8%
Equity€0.2m-€0.3m▲ 21.1%€0.3m▲ 15.0%€0.3m▲ 4.0%€0.3m▲ 7.2%€0.4m▲ 8.9%€0.4m▲ 15.9%€0.5m▲ 9.5%
Total assets€1.5m-€1.5m▼ 2.1%€1.4m▼ 4.1%€1.4m▼ 3.2%€1.3m▼ 4.2%€1.3m▼ 1.8%€1.3m▲ 1.7%€1.3m▼ 3.5%
Debt€1.3m-€1.2m▼ 6.4%€1.1m▼ 8.7%€1.0m▼ 5.6%€0.9m▼ 8.2%€0.9m▼ 5.8%€0.8m▼ 4.3%€0.8m▼ 10.4%
Working capital-€0.09m--€0.08m▲ 9.9%-€0.09m▼ 18.3%-€0.1m▼ 20.9%-€0.1m▼ 14.2%-€0.2m▼ 27.4%-€0.2m▼ 4.4%-€0.2m▼ 3.4%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.3m
Fixed assets €1.2m ▼ 3.6%
Current assets €14,696 ▲ 6.3%
Equity and liabilities €1.3m
Equity €474,975 ▲ 9.5%
Provisions €25,000 =
Debt €750,892 ▼ 10.4%
Debt's share of the balance-sheet total falls from 64.6% to 60.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€148,820▼
2024 · €172,599
Cash flow
€104,454▼
2024 · €117,232
Current ratio
0.08▲
2024 · 0.07
Debt to equity
1.58▼
2024 · 1.93
ROE
8.7%▼
2024 · 13.7%
ROA
3.3%▼
2024 · 4.6%
Interest coverage
6.69▲
2024 · 6.40
Debt ≤ 1 year
€193,308▲
2024 · €186,482
Debt > 1 year
€557,583▼
2024 · €651,174
Income taxes
€22,130▼
2024 · €28,542
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,049 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95.9% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.4% went bankrupt
3.6% stopped otherwise
95.9% still going

For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,049 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 50 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.3m€1.3m▼
Fixed assets21/28€1.3m€1.2m▼
Tangible fixed assets22/27€1.3m€1.2m▼
Land and buildings22€1.3m€1.2m▼
Plant, machinery and equipment23€0.01m€0.02m▲
Furniture and vehicles24€0.004m€0.009m▲
Leasing and similar rights25€0.01m€0.008m▼
Current assets29/58€0.01m€0.01m▲
Amounts receivable within one year40/41€0.008m€0.01m▲
Trade receivables40€0.008m€0.01m▲
Cash at bank and in hand54/58€0.005m€0.004m▼
Equity and liabilities
Total equity and liabilities10/49€1.3m€1.3m▼
Equity10/15€0.4m€0.5m▲
Contributions10/11€0.1m€0.1m=
Reserves13€0.3m€0.3m▲
Non-distributable reserves130/1€0.01m€0.01m=
Reserves not available under the articles1311€0.01m€0.01m=
Distributable reserves133€0.3m€0.3m▲
Profit (loss) carried forward14€0.04m€0.04m=
Provisions and deferred taxes16€0.03m€0.03m=
Provisions for liabilities and charges160/5€0.03m€0.03m=
Major repairs and maintenance162€0.03m€0.03m=
Amounts payable17/49€0.8m€0.8m▼
Amounts payable after more than one year17€0.7m€0.6m▼
Financial debts170/4€0.6m€0.5m▼
Other amounts payable178/9€0.02m€0.02m▼
Amounts payable within one year42/48€0.2m€0.2m▲
Current portion of amounts payable after more than one year42€0.1m€0.1m▲
Trade debts44€0.007m€0.002m▼
Suppliers440/4€0.007m€0.002m▼
Taxes, remuneration and social security45€0.03m€0.04m▲
Taxes450/3€0.03m€0.04m▲
Remuneration and social security454/9€0.001m€0.003m▲
Other amounts payable47/48€0.05m€0.05m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.06m€0.06m▲
Other operating charges640/8€0.001m€0.001m▼
Gross operating margin9900€0.2m€0.1m▼
Operating profit (loss)9901€0.1m€0.09m▼
Financial income75/76B€147€8▼
Recurring financial income75€147€8▼
Financial charges65/66B€0.03m€0.02m▼
Recurring financial charges65€0.03m€0.02m▼
Profit (loss) for the period before taxes9903€0.09m€0.06m▼
Income taxes67/77€0.03m€0.02m▼
Profit (loss) for the period9904€0.06m€0.04m▼
Profit (loss) for the period to be appropriated9905€0.06m€0.04m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m€0.08m▼
Profit (loss) brought forward from the previous period14P€0.04m€0.04m=
Transfer to equity691/2€0.06m€0.04m▼
To other reserves6921€0.06m€0.04m▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€0-----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€58,407€55,438€53,275€51,386€51,933€53,708€57,698€63,255▲ 9.6%
Provisions for liabilities and charges: additions (uses and reversals)635/8---€2,500€2,500----
Other operating charges640/8---€9,597€7,689€11,023€1,387€1,096▼ 20.9%
Gross operating margin9900€148,678€169,059€139,137€109,813€123,468€128,884€173,986€149,916▼ 13.8%
Operating profit (loss)9901€81,353€104,586€76,861€46,330€61,346€64,153€114,902€85,565▼ 25.5%
Financial income75/76B---€7€353-€147€8▼ 94.6%
Recurring financial income75€11€0€1€7€353-€147€8▼ 94.6%
Financial charges65/66B---€31,025€28,575€16,375€26,973€22,244▼ 17.5%
Recurring financial charges65€43,049€41,223€35,998€31,025€28,575€16,375€26,973€22,244▼ 17.5%
Profit (loss) for the period before taxes9903€38,315€63,362€40,863€15,312€33,124€47,779€88,076€63,329▼ 28.1%
Income taxes67/77€11,315€16,639€613€3,063€10,151€17,328€28,542€22,130▼ 22.5%
Profit (loss) for the period9904€27,000€46,723€40,251€12,249€22,972€30,450€59,535€41,199▼ 30.8%
Profit (loss) for the period to be appropriated9905€27,000€46,723€40,251€12,249€22,972€30,450€59,535€41,199▼ 30.8%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.5m€1.5m€1.4m€1.4m€1.3m€1.3m€1.3m€1.3m▼ 3.5%
Fixed assets21/28€1.4m€1.4m€1.4m€1.3m€1.3m€1.3m€1.3m€1.2m▼ 3.6%
Tangible fixed assets22/27€1.4m€1.4m€1.4m€1.3m€1.3m€1.3m€1.3m€1.2m▼ 3.6%
Land and buildings22---€1.3m€1.3m€1.2m€1.3m€1.2m▼ 4.2%
Plant, machinery and equipment23---€0.002m€0.002m€0.02m€0.01m€0.02m▲ 34.9%
Furniture and vehicles24---€0.002m€0.001m€0.001m€0.004m€0.009m▲ 143%
Leasing and similar rights25---€0.02m€0.01m€0.02m€0.01m€0.008m▼ 36.5%
Current assets29/58€0.04m€0.05m€0.03m€0.02m€0.01m€0.01m€0.01m€0.01m▲ 6.3%
Amounts receivable within one year40/41€0.03m€0.03m€0.01m€0.01m€0.005m€0.007m€0.008m€0.01m▲ 23.0%
Trade receivables40---€0.01m€0.005m€0.007m€0.008m€0.01m▲ 23.0%
Cash at bank and in hand54/58€0.007m€0.02m€0.01m€0.006m€0.005m€0.006m€0.005m€0.004m▼ 19.8%
Deferred charges and accrued income490/1---€0.003m€0.003m----
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.5m€1.4m€1.4m€1.3m€1.3m€1.3m€1.3m▼ 3.5%
Equity10/15€0.2m€0.3m€0.3m€0.3m€0.3m€0.4m€0.4m€0.5m▲ 9.5%
Contributions10/11€0.1m€0.1m-€0.1m€0.1m€0.1m€0.1m€0.1m=
Reserves13€0.1m€0.2m€0.2m€0.2m€0.2m€0.2m€0.3m€0.3m▲ 14.6%
Non-distributable reserves130/1---€0.01m€0.01m€0.01m€0.01m€0.01m=
Reserves not available under the articles1311---€0.01m€0.01m€0.01m€0.01m€0.01m=
Distributable reserves133---€0.2m€0.2m€0.2m€0.3m€0.3m▲ 15.3%
Profit (loss) carried forward14€0.001m€259€0.001m€0.01m€0.04m€0.04m€0.04m€0.04m=
Provisions and deferred taxes16€0.02m€0.02m€0.02m€0.02m€0.03m€0.03m€0.03m€0.03m=
Provisions for liabilities and charges160/5---€0.02m€0.03m€0.03m€0.03m€0.03m=
Major repairs and maintenance162---€0.02m€0.03m€0.03m€0.03m€0.03m=
Amounts payable17/49€1.3m€1.2m€1.1m€1.0m€0.9m€0.9m€0.8m€0.8m▼ 10.4%
Amounts payable after more than one year17€1.1m€1.0m€0.9m€0.9m€0.8m€0.7m€0.7m€0.6m▼ 14.4%
Financial debts170/4---€0.8m€0.8m€0.7m€0.6m€0.5m▼ 14.8%
Other amounts payable178/9---€0.02m€0.02m€0.02m€0.02m€0.02m▼ 1.1%
Amounts payable within one year42/48€0.1m€0.1m€0.1m€0.1m€0.1m€0.2m€0.2m€0.2m▲ 3.7%
Current portion of amounts payable after more than one year42---€0.09m€0.09m€0.09m€0.1m€0.1m▲ 2.4%
Trade debts44€0.005m€0.004m€309€0.001m€0.003m€0.005m€0.007m€0.002m▼ 77.0%
Suppliers440/4---€0.001m€0.003m€0.005m€0.007m€0.002m▼ 77.0%
Taxes, remuneration and social security45---€0.005m€0.01m€0.03m€0.03m€0.04m▲ 21.8%
Taxes450/3---€0.005m€0.01m€0.03m€0.03m€0.04m▲ 16.3%
Remuneration and social security454/9---€0--€0.001m€0.003m▲ 143%
Other amounts payable47/48---€0.04m€0.03m€0.05m€0.05m€0.05m▲ 5.3%
Accrued charges and deferred income492/3---€0.006m€0.007m----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€27,000€46,723€40,251€12,249€22,972€30,450€59,535€41,199▼ 30.8%
+ Depreciation and write-downs630€58,407€55,438€53,275€51,386€51,933€53,708€57,698€63,255▲ 9.6%
Operating cash flow (approximation)€85,408€102,161€93,526€63,635€74,905€84,158€117,232€104,454▼ 10.9%
Investment in fixed assets (approximation)--€21,120-€15,150-€12,184-€956-€29,893-€78,843-€16,819▲ 78.7%
Change in cash-€9,905-€6,342-€4,284-€1,134€1,333-€798-€1,067▼ 33.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 19 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 15-07-2026 2026-00293865
31-12-2024 micro format 20-06-2025 2025-00161353
31-12-2023 micro format 03-07-2024 2024-00219770
31-12-2022 micro format 10-07-2023 2023-00218684
31-12-2021 micro format 28-07-2022 2022-20234109
31-12-2020 micro format 24-06-2021 2021-22800545
31-12-2019 micro format 18-06-2020 2020-17700039
31-12-2018 micro format 17-06-2019 2019-18500601
31-12-2017 abbreviated format 15-06-2018 2018-18400442
31-12-2016 abbreviated format 28-06-2017 2017-22000306

Show all 19 filings

Subsidies and aid

Flemish government

2022 to 2025 · 5 entries · €328,298 awarded · €328,298 paid
Year Entries AwardedPaid
2025 1 €110,173€110,173
2024 1 €133,979€133,979
2023 2 €49,523€49,523
2022 1 €34,623€34,623
Schemes
4 entries · €324,218 · €324,218 paid · Opgroeien regie
1 entry · €4,080 · €4,080 paid · Vlaams Infrastructuurfonds voor Persoonsgebonden Aangelegenheden

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.