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ILVERTO

Active
Private limited companyfounded 20197 yrs activeLeenstraat(HN) 47, 1540 Pajottegem, BelgiumKBO/BCE: BE 0727.740.619
Summary

ILVERTO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €28,641 and a net result of €2,063. Equity is growing by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 42% of 480 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability72▼-6
Solvency65▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.58 against 1.96 in 2023; short-term debt: 22.8% and cash: 11% of total assets), but 60% of the assets are financed with debt.
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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 63
Relative position
BE, all sectors
reference
Computing infrastructure, data processing, hosting and other information service activities (NACE 63)
about 52% 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
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 2024
Solvency, return and age of the figures
Solvency
40%
Return on assets
2.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
1 d early
2023
27 d late
2022
24 d late
2021
30 d late
2020
18 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 20 days after the deadline; the sector median for financial year 2024 is 10 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

ILVERTO was incorporated on 4 June 2019 as a Private limited company.1 Total assets rose from EUR 43,750 in 2020 to EUR 71,670 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€28,641▲ 7.8%
2023 · €26,578
Total assets
€71,670▲ 3.7%
2023 · €69,118
Net result
€2,063▼ 59.9%
2023 · €5,148
Working capital
€25,799▲ 18.5%
2023 · €21,779
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€26,925--€5,088€13,461€12,994▼ 3.5%€7,645▼ 41.2%
Net result€17,216within the sector's middle half--€6,869below the sector's middle half€7,683within the sector's middle half€5,148within the sector's middle half▼ 33.0%€2,063within the sector's middle half▼ 59.9%
Equity€20,616within the sector's middle half-€13,747below the sector's middle half▼ 33.3%€21,430within the sector's middle half▲ 55.9%€26,578below the sector's middle half▲ 24.0%€28,641below the sector's middle half▲ 7.8%
Total assets€43,750below the sector's middle half-€47,653below the sector's middle half▲ 8.9%€56,332within the sector's middle half▲ 18.2%€69,118below the sector's middle half▲ 22.7%€71,670below the sector's middle half▲ 3.7%
Debt€23,134-€33,906▲ 46.6%€34,902▲ 2.9%€42,540▲ 21.9%€43,029▲ 1.1%
Working capital€13,074-€6,303▼ 51.8%€17,258▲ 174%€21,779▲ 26.2%€25,799▲ 18.5%
Solvency47.1%within the sector's middle half-28.8%within the sector's middle half▼ 18.3pp38.0%within the sector's middle half▲ 9.2pp38.5%within the sector's middle half▲ 0.4pp40.0%within the sector's middle half▲ 1.5pp
above within below the middle half (P25 to P75) of NACE 63, Computing infrastructure, data processing, hosting and other information service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2020: €26,925€26,925Net result 2020: €17,216€17,216Operating result 2021: -€5,088-€5,088Net result 2021: -€6,869-€6,869Operating result 2022: €13,461€13,461Net result 2022: €7,683€7,683Operating result 2023: €12,994€12,994Net result 2023: €5,148€5,148Operating result 2024: €7,645€7,645Net result 2024: €2,063€2,06320202021202220232024€0€5,000€10,000€15,000Operating result 2022: €13,461€13,500Net result 2022: €7,683€7,680Operating result 2023: €12,994€13,000Net result 2023: €5,148€5,150Operating result 2024: €7,645€7,640Net result 2024: €2,063€2,060202220232024
The operating result has fallen two years in a row; 2024 is 41% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €71,670
Fixed assets €29,500 ▲ 19.5%
Current assets €42,170 ▼ 5.1%
Equity and liabilities €71,670
Equity €28,641 ▲ 7.8%
Debt €43,029 ▲ 1.1%
Debt's share of the balance-sheet total falls from 61.5% to 60.0%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€11,682▼
2023 · €16,663
Cash flow
€6,100▼
2023 · €8,817
Current ratio
2.58▲
2023 · 1.96
Debt to equity
1.50▼
2023 · 1.60
ROE
7.2%▼
2023 · 19.4%
ROA
2.9%▼
2023 · 7.4%
Interest coverage
12.03▼
2023 · 13.13
Debt ≤ 1 year
€16,372▼
2023 · €22,652
Debt > 1 year
€21,394▲
2023 · €16,640
Income taxes
€4,686▼
2023 · €6,610
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,049 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.0% went bankrupt
3.7% stopped otherwise
94% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 5,049 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 · 2024 against 2023 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€69,118€71,670▲
Fixed assets21/28€24,687€29,500▲
Tangible fixed assets22/27€9,647€14,460▲
Plant, machinery and equipment23€1,893€1,068▼
Furniture and vehicles24€4,248€8,633▲
Other tangible fixed assets26€3,506€4,759▲
Financial fixed assets28€15,040€15,040=
Current assets29/58€44,431€42,170▼
Amounts receivable within one year40/41€27,856€27,297▼
Trade receivables40€27,856€26,982▼
Other amounts receivable41€0€314▲
Cash at bank and in hand54/58€10,072€7,918▼
Deferred charges and accrued income490/1€6,503€6,955▲
Equity and liabilities
Total equity and liabilities10/49€69,118€71,670▲
Equity10/15€26,578€28,641▲
Contributions10/11€5,000€5,000=
Reserves13€21,578€23,641▲
Distributable reserves133€21,578€23,641▲
Amounts payable17/49€42,540€43,029▲
Amounts payable after more than one year17€16,640€21,394▲
Financial debts170/4€16,640€21,394▲
Amounts payable within one year42/48€22,652€16,372▼
Current portion of amounts payable after more than one year42€3,005€3,914▲
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€6,270€1,402▼
Suppliers440/4€6,270€1,402▼
Taxes, remuneration and social security45€5,852€6,369▲
Taxes450/3€5,852€6,369▲
Other amounts payable47/48€7,526€4,687▼
Accrued charges and deferred income492/3€3,248€5,264▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,669€4,037▲
Other operating charges640/8€5,390€4,304▼
Gross operating margin9900€22,053€15,985▼
Operating profit (loss)9901€12,994€7,645▼
Financial income75/76B€32€75▲
Recurring financial income75€32€75▲
Financial charges65/66B€1,269€971▼
Recurring financial charges65€1,269€971▼
Profit (loss) for the period before taxes9903€11,757€6,749▼
Income taxes67/77€6,610€4,686▼
Profit (loss) for the period9904€5,148€2,063▼
Profit (loss) for the period to be appropriated9905€5,148€2,063▼
Appropriation of the result
Profit (loss) to be appropriated9906€5,148€2,063▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€5,148€2,063▼
To other reserves6921€5,148€2,063▼

The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,350€2,369€2,669€3,669€4,037▲ 10.0%
Other operating charges640/8-€11,238€3,681€5,390€4,304▼ 20.1%
Gross operating margin9900€35,217€8,519€19,811€22,053€15,985▼ 27.5%
Operating profit (loss)9901€26,925-€5,088€13,461€12,994€7,645▼ 41.2%
Financial income75/76B-€1,384€524€32€75▲ 134%
Recurring financial income75€336€1,384€524€32€75▲ 134%
Financial charges65/66B-€1,465€1,418€1,269€971▼ 23.5%
Recurring financial charges65€606€1,465€1,418€1,269€971▼ 23.5%
Profit (loss) for the period before taxes9903€26,398-€5,169€12,567€11,757€6,749▼ 42.6%
Income taxes67/77€9,182€1,700€4,884€6,610€4,686▼ 29.1%
Profit (loss) for the period9904€17,216-€6,869€7,683€5,148€2,063▼ 59.9%
Profit (loss) for the period to be appropriated9905€17,216-€6,869€7,683€5,148€2,063▼ 59.9%
Line20202021202220232024Change
Assets
Total assets20/58€43,750€47,653€56,332€69,118€71,670▲ 3.7%
Fixed assets21/28€9,382€10,516€9,268€24,687€29,500▲ 19.5%
Tangible fixed assets22/27€9,382€10,516€9,268€9,647€14,460▲ 49.9%
Plant, machinery and equipment23-€3,670€2,781€1,893€1,068▼ 43.6%
Furniture and vehicles24-€2,169€2,395€4,248€8,633▲ 103%
Other tangible fixed assets26-€4,677€4,091€3,506€4,759▲ 35.7%
Financial fixed assets28---€15,040€15,040=
Current assets29/58€34,368€37,137€47,065€44,431€42,170▼ 5.1%
Amounts receivable within one year40/41€14,449€18,174€13,923€27,856€27,297▼ 2.0%
Trade receivables40-€11,874€13,808€27,856€26,982▼ 3.1%
Other amounts receivable41-€6,300€116€0€314-
Cash at bank and in hand54/58€5,160€12,463€29,228€10,072€7,918▼ 21.4%
Deferred charges and accrued income490/1-€6,499€3,913€6,503€6,955▲ 7.0%
Equity and liabilities
Total equity and liabilities10/49€43,750€47,653€56,332€69,118€71,670▲ 3.7%
Equity10/15€20,616€13,747€21,430€26,578€28,641▲ 7.8%
Contributions10/11-€5,000€5,000€5,000€5,000=
Reserves13€15,616€15,616€16,430€21,578€23,641▲ 9.6%
Distributable reserves133-€15,616€16,430€21,578€23,641▲ 9.6%
Profit (loss) carried forward14--€6,869----
Amounts payable17/49€23,134€33,906€34,902€42,540€43,029▲ 1.1%
Amounts payable after more than one year17---€16,640€21,394▲ 28.6%
Financial debts170/4---€16,640€21,394▲ 28.6%
Amounts payable within one year42/48€21,294€30,834€29,806€22,652€16,372▼ 27.7%
Current portion of amounts payable after more than one year42---€3,005€3,914▲ 30.2%
Financial debts43--€769€0--
Credit institutions430/8--€769€0--
Trade debts44€3,304€4,801€4,659€6,270€1,402▼ 77.6%
Suppliers440/4-€4,801€4,659€6,270€1,402▼ 77.6%
Taxes, remuneration and social security45-€23,453€16,638€5,852€6,369▲ 8.8%
Taxes450/3-€23,453€16,638€5,852€6,369▲ 8.8%
Other amounts payable47/48-€2,580€7,741€7,526€4,687▼ 37.7%
Accrued charges and deferred income492/3-€3,072€5,096€3,248€5,264▲ 62.1%
Line20202021202220232024Change
Profit (loss) for the period9904€17,216-€6,869€7,683€5,148€2,063▼ 59.9%
+ Depreciation and write-downs630€2,350€2,369€2,669€3,669€4,037▲ 10.0%
Operating cash flow (approximation)€19,566-€4,500€10,352€8,817€6,100▼ 30.8%
Investment in fixed assets (approximation)--€3,503-€1,421-€19,089-€8,850▲ 53.6%
Change in cash-€7,304€16,765-€19,157-€2,154▲ 88.8%

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

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Timeline · acts, filings and financial milestones

2025
30-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
24-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial Back to profitnet €7,683
Net result €7,683 after one loss-making year.
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial Weakest financial yearnet -€6,869
Net result drops to -€6,869, the lowest in the series; recovery starts the following year.
18-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Pajottegem · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
2,645 m²
Building footprint
262 m²
Volume, LiDAR
1,247 m³
Parcel 23032A0375/00H000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ILVERTO
Leenstraat(HN) 47, 1540 PajottegemConstruction of roads and motorways
since 20192.289.743.594
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23032A0375/00H000 Flanders 2,645 m² 1 · 262 m² 6.7 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.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2024 list no shareholders, and no other source names one.

Holdings 2

According to the 2024 annual accounts of ILVERTO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 3,149 companies in sector 63920 we hold annual accounts for 1,525. 1,160 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
Founded04-06-2019
Fiscal year end31-12
Activities, NACEBEL 2025
63920Other information service activities
43350Other building finishing work
96994Pet training
E-invoicing
Reachable via Peppol
Peppol ID 0208:0727740619
Registered 27-03-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.