ILVALOG
ActiveILVALOG has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €113k and a net result of €16k. Equity is growing by ~16.3% per year across the filed fiscal years. Its solvency ranks better than 20% of 31584 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+12
Solvency41▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.11 against 0.1 in 2024; short-term debt: 65.2% and cash: 4.5% of total assets), and 84.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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
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
15.7%
Return on assets
2.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 31584 sector peers (2025).
NBB · sector comparisonPosition among 31584 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
18 d late
2023
29 d late
2022
29 d late
2021
11 d late
2020
9 d early
2019
3 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€113k▲ 16.3%
2024 · €97k
2018: €50k
2019: €64k
2020: €9k
2021: €42k
2022: €59k
2023: €106k
2024: €97k
2018 → 2025
Total assets
€721k▼ 2.7%
2024 · €741k
2018: €51k
2019: €69k
2020: €352k
2021: €717k
2022: €772k
2023: €804k
2024: €741k
2018 → 2025
Net result
€16k
2024 · €-8k
2018: €4k
2019: €14k
2020: €-54k
2021: €33k
2022: €17k
2023: €47k
2024: €-8k
2018 → 2025
Working capital
€-418k▲ 1.8%
2024 · €-426k
2018: €50k
2019: €64k
2020: €-40k
2021: €-334k
2022: €-419k
2023: €-401k
2024: €-426k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€59k▲ 39.2%€106k▲ 80.1%€97k▼ 7.9%€113k▲ 16.3%
Operating result€38k-€21k▼ 43.3%€67k▲ 213%€-5k€22k
Net result€33k-€17k▼ 49.6%€47k▲ 185%€-8k€16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €22k after a loss of €5k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €721k
Fixed assets
€669k▼ 3.5%
Current assets
€52k▲ 8.9%
Equity and liabilities €721k
Equity
€113k▲ 16.3%
Debt
€608k▼ 5.5%
The debt ratio falls from 86.9% to 84.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€46k▲
2024 · €19k
Cash flow
€40k▲
2024 · €16k
Solvency
15.7%▲
2024 · 13.1%
Current ratio
0.11▲
2024 · 0.10
Quick ratio
0.11▲
2024 · 0.10
Debt / equity
5.37▼
2024 · 6.61
ROE
14.0%▲
2024 · -8.6%
ROA
2.2%▲
2024 · -1.1%
Interest coverage
14.17▲
2024 · 5.08
Debt
€608k▼
2024 · €643k
Debt ≤ 1 year
€471k▼
2024 · €474k
Debt > 1 year
€134k▼
2024 · €170k
Income taxes
€3k▲
2024 · €0
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€741k€721k▼
Fixed assets21/28€693k€669k▼
Tangible fixed assets22/27€693k€669k▼
Land and buildings22€647k€627k▼
Plant, machinery and equipment23€46k€42k▼
Current assets29/58€48k€52k▲
Amounts receivable within one year40/41€18k€11k▼
Trade receivables40€6k€825▼
Other amounts receivable41€12k€10k▼
Cash at bank and in hand54/58€13k€33k▲
Deferred charges and accrued income490/1€16k€8k▼
Equity and liabilities
Total equity and liabilities10/49€741k€721k▼
Equity10/15€97k€113k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€77k€93k▲
Amounts payable17/49€643k€608k▼
Amounts payable after more than one year17€170k€134k▼
Financial debts170/4€170k€134k▼
Amounts payable within one year42/48€474k€471k▼
Current portion of amounts payable after more than one year42€35k€36k▲
Trade debts44€506€1k▲
Suppliers440/4€506€1k▲
Taxes, remuneration and social security45€0€90▲
Taxes450/3€0€90▲
Other amounts payable47/48€438k€433k▼
Accrued charges and deferred income492/3-€4k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€24k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€23k€50k▲
Operating profit (loss)9901€-5k€22k▲
Financial income75/76B€53€56▲
Recurring financial income75€53€56▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-8k€18k▲
Income taxes67/77€0€3k▲
Profit (loss) for the period9904€-8k€16k▲
Profit (loss) for the period to be appropriated9905€-8k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€77k€93k▲
Profit (loss) brought forward from the previous period14P€85k€77k▼
The notes to these accounts (14 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
31-12
Financial
Equity above €100kEq €113k ▲16.3%
Equity rises from €97k to €113k.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Highest result since 2018net €47k ▲185%
Operating result €67k, net result €47k, both a record.
31-12
Financial
Equity above €100kEq €106k ▲80.1%
3 profitable years in a row build equity to €106k.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
31-12
Financial
Back to profitnet €33k
Net result €33k after one loss-making year.
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-54k ▼491%
Net result drops to €-54k, the lowest in the series; recovery starts the following year.
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Ukkel · 1 establishment unit since 2008
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.
Alsembergsesteenweg 1012A1180 UkkelGround area
156 m²
Building footprint
141 m²
Volume, LiDAR
837 m³
Parcel 21614E0168/00N005, Brussels · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ILVALOG
since 20082.174.758.113
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614E0168/00N005 | Brussels | 156 m² | 1 · 141 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
DEPROCO
BE 0479.688.655
Knokke-Heist · Eq €113k
MM CORPORATION
BE 1017.772.005
Oud-Heverlee · Eq €113k
MAJECON
BE 0646.748.191
Edegem · Eq €113k
Bureau-TS
BE 0749.835.734
Genappe · Eq €113k
FN-CONSULT
BE 0834.850.591
Kontich · Eq €113k
Of 82,546 companies in sector 70200 we hold annual accounts for 52,574. 40,779 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-11-2008
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
52250Logistics services
52290Warehousing and support activities for transportation
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.