ILVECO
ActiveSummary
ILVECO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €101k and a net result of €56k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 59% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▼-14
Solvency93▲+1
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 4.04 against 1.02 in 2024; short-term debt: 18.5% and cash: 54% of total assets), and 31.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
68.1%
Return on assets
37.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-12-2025, 51 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
51 d early
2024
21 d early
2023
56 d early
2022
8 d early
2021
39 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€101k▲ 118%
2024 · €47k
2021: €42klowest in 5 years
2022: €122k▲ +191% vs 2021
2023: €210k▲ +71.8% vs 2022highest in 5 years
2024: €47k▼ -77.8% vs 2023
2025: €101k▲ +118% vs 2024
2021 → 2025
Total assets
€149k▲ 115%
2024 · €69k
2021: €73k
2022: €161k▲ +120% vs 2021
2023: €248k▲ +54.0% vs 2022highest in 5 years
2024: €69k▼ -72.0% vs 2023lowest in 5 years
2025: €149k▲ +115% vs 2024
2021 → 2025
Net result
€56k▲ 52.4%
2024 · €37k
2021: €40k
2022: €81k▲ +103% vs 2021
2023: €88k▲ +8.3% vs 2022highest in 5 years
2024: €37k▼ -58.3% vs 2023lowest in 5 years
2025: €56k▲ +52.4% vs 2024
2021 → 2025
Working capital
€84k▲ 22,480%
2024 · €371
2021: €30k
2022: €98k▲ +232% vs 2021
2023: €172k▲ +75.2% vs 2022highest in 5 years
2024: €371▼ -99.8% vs 2023lowest in 5 years
2025: €84k▲ +22480% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€42k-€122k▲ 191%€210k▲ 71.8%€47k▼ 77.8%€101k▲ 118%
2021: €42klowest in 5 years
2022: €122k▲ +191% vs 2021
2023: €210k▲ +71.8% vs 2022highest in 5 years
2024: €47k▼ -77.8% vs 2023
2025: €101k▲ +118% vs 2024
Operating result€55k-€102k▲ 86.4%€110k▲ 8.7%€47k▼ 57.6%€101k▲ 116%
2021: €55k
2022: €102k▲ +86.4% vs 2021
2023: €110k▲ +8.7% vs 2022highest in 5 years
2024: €47k▼ -57.6% vs 2023lowest in 5 years
2025: €101k▲ +116% vs 2024
Net result€40k-€81k▲ 103%€88k▲ 8.3%€37k▼ 58.3%€56k▲ 52.4%
2021: €40k
2022: €81k▲ +103% vs 2021
2023: €88k▲ +8.3% vs 2022highest in 5 years
2024: €37k▼ -58.3% vs 2023lowest in 5 years
2025: €56k▲ +52.4% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 116% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €149k
Fixed assets
€38k ▼ 19.7%
Current assets
€111k ▲ 399%
Equity and liabilities €149k
Equity
€101k ▲ 118%
Debt
€48k ▲ 109%
Debt's share of the balance-sheet total falls from 32.8% to 31.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€110k▲
2024 · €55k
Cash flow
€65k▲
2024 · €45k
Current ratio
4.04▲
2024 · 1.02
Debt to equity
0.47▼
2024 · 0.49
ROE
55.0%▼
2024 · 78.6%
ROA
37.4%▼
2024 · 52.8%
Interest coverage
4.26▼
2024 · 53.81
Debt ≤ 1 year
€28k▲
2024 · €22k
Debt > 1 year
€20k
Income taxes
€20k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€69k€149k▲
Fixed assets21/28€47k€38k▼
Tangible fixed assets22/27€47k€38k▼
Furniture and vehicles24€5k€3k▼
Other tangible fixed assets26€42k€34k▼
Current assets29/58€22k€111k▲
Amounts receivable within one year40/41€21k€30k▲
Trade receivables40€20k€28k▲
Other amounts receivable41€2k€1k▼
Cash at bank and in hand54/58€545€80k▲
Deferred charges and accrued income490/1€363€1k▲
Equity and liabilities
Total equity and liabilities10/49€69k€149k▲
Equity10/15€47k€101k▲
Contributions10/11€2k€2k=
Reserves13€40k€40k=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€5k€59k▲
Amounts payable17/49€23k€48k▲
Amounts payable after more than one year17-€20k
Other amounts payable178/9-€20k
Amounts payable within one year42/48€22k€28k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€528€825▲
Taxes450/3€528€825▲
Other amounts payable47/48€18k€25k▲
Accrued charges and deferred income492/3€821-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Other operating charges640/8€272€531▲
Gross operating margin9900€55k€111k▲
Operating profit (loss)9901€47k€101k▲
Financial charges65/66B€1k€26k▲
Recurring financial charges65€1k€26k▲
Profit (loss) for the period before taxes9903€46k€75k▲
Income taxes67/77€9k€20k▲
Profit (loss) for the period9904€37k€56k▲
Profit (loss) for the period to be appropriated9905€37k€56k▲
Appropriation of the result
Profit (loss) to be appropriated9906€205k€60k▼
Profit (loss) brought forward from the previous period14P€168k€5k▼
Profit to be distributed694/7€200k€833▼
Return on contributions (dividend)694€200k€833▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €511 | €2k | €5k | €8k | €9k | ▲ 11.7% |
| Other operating charges640/8 | - | €50 | - | €272 | €531 | ▲ 95.2% |
| Gross operating margin9900 | €55k | €104k | €116k | €55k | €111k | ▲ 100% |
| Operating profit (loss)9901 | €55k | €102k | €110k | €47k | €101k | ▲ 116% |
| Financial charges65/66B | - | €414 | €916 | €1k | €26k | ▲ 2,427% |
| Recurring financial charges65 | - | €414 | €916 | €1k | €26k | ▲ 2,427% |
| Profit (loss) for the period before taxes9903 | €55k | €101k | €110k | €46k | €75k | ▲ 64.2% |
| Income taxes67/77 | €15k | €20k | €22k | €9k | €20k | ▲ 111% |
| Profit (loss) for the period9904 | €40k | €81k | €88k | €37k | €56k | ▲ 52.4% |
| Profit (loss) for the period to be appropriated9905 | €40k | €81k | €88k | €37k | €56k | ▲ 52.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €73k | €161k | €248k | €69k | €149k | ▲ 115% |
| Fixed assets21/28 | €12k | €24k | €38k | €47k | €38k | ▼ 19.7% |
| Tangible fixed assets22/27 | €12k | €24k | €38k | €47k | €38k | ▼ 19.7% |
| Furniture and vehicles24 | - | €3k | €7k | €5k | €3k | ▼ 32.9% |
| Other tangible fixed assets26 | - | €21k | €31k | €42k | €34k | ▼ 18.1% |
| Current assets29/58 | €61k | €137k | €209k | €22k | €111k | ▲ 399% |
| Amounts receivable within one year40/41 | €27k | €22k | €42k | €21k | €30k | ▲ 39.1% |
| Trade receivables40 | - | €21k | €42k | €20k | €28k | ▲ 45.4% |
| Other amounts receivable41 | - | €781 | €489 | €2k | €1k | ▼ 25.8% |
| Cash at bank and in hand54/58 | €33k | €113k | €166k | €545 | €80k | ▲ 14,648% |
| Deferred charges and accrued income490/1 | - | €1k | €1k | €363 | €1k | ▲ 207% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €73k | €161k | €248k | €69k | €149k | ▲ 115% |
| Equity10/15 | €42k | €122k | €210k | €47k | €101k | ▲ 118% |
| Contributions10/11 | - | €2k | €2k | €2k | €2k | = |
| Reserves13 | €40k | €40k | €40k | €40k | €40k | = |
| Distributable reserves133 | - | €40k | €40k | €40k | €40k | = |
| Profit (loss) carried forward14 | - | €80k | €168k | €5k | €59k | ▲ 1,199% |
| Amounts payable17/49 | €31k | €39k | €38k | €23k | €48k | ▲ 109% |
| Amounts payable after more than one year17 | - | - | - | - | €20k | - |
| Other amounts payable178/9 | - | - | - | - | €20k | - |
| Amounts payable within one year42/48 | €31k | €39k | €38k | €22k | €28k | ▲ 25.7% |
| Trade debts44 | €6k | €8k | €5k | €3k | €2k | ▼ 45.0% |
| Suppliers440/4 | - | €8k | €5k | €3k | €2k | ▼ 45.0% |
| Taxes, remuneration and social security45 | - | €21k | €23k | €528 | €825 | ▲ 56.2% |
| Taxes450/3 | - | €21k | €23k | €528 | €825 | ▲ 56.2% |
| Other amounts payable47/48 | - | €10k | €10k | €18k | €25k | ▲ 38.2% |
| Accrued charges and deferred income492/3 | - | - | - | €821 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40k | €81k | €88k | €37k | €56k | ▲ 52.4% |
| + Depreciation and write-downs630 | €511 | €2k | €5k | €8k | €9k | ▲ 11.7% |
| Operating cash flow (approximation) | €40k | €83k | €93k | €45k | €65k | ▲ 44.9% |
| Investment in fixed assets (approximation) | - | €-14k | €-19k | €-17k | €0 | ▲ 100% |
| Change in cash | - | €81k | €53k | €-166k | €80k | ▲ 148% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
11-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Liquidity quadruplescurrent ratio 4.04
Current ratio from 1.02 to 4.04.
30-06
Financial
Equity above €100kEq €101k ▲118%
5 profitable years in a row build equity to €101k.
10-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Weakest financial yearnet €37k ▼58.3%
Net result drops to €37k, the lowest in the series; recovery starts the following year.
2023
06-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Highest result since 2021net €88k ▲8.3%
Operating result €110k, net result €88k, both a record.
30-06
Financial
Equity above €200kEq €210k ▲71.8%
3 profitable years in a row build equity to €210k.
23-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Equity above €100kEq €122k ▲191%
2 profitable years in a row build equity to €122k.
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Gent · 1 establishment unit since 2021
Ground area
177 m²
Building footprint
177 m²
Volume, LiDAR
1,017 m³
Parcel 44062A0042/00Y002, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ILVECO
since 20212.312.016.477
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44062A0042/00Y002 | Flanders | 177 m² | 1 · 177 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
6994005E0X9SM5JTLM36
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,562 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded12-01-2021
Fiscal year end30-06
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
63920Other information service activities
Scores and ratios are computed by Checked and are not a credit decision.