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ILYS

Active
Private limited companyfounded 2007active for 19 yearsJozef de Vleminckstraat 2, 1853 Grimbergen, BelgiumKBO/BCE: BE 0886.885.054
Summary

The computed 12-month bankruptcy probability of ILYS is 2.9% (moderate). The 2025 annual accounts show equity of €141,530 and a net result of €27,538. Equity has been growing by about 29% per year since 2018. Its solvency ranks better than 30% of 4,800 sector peers (NACE 56, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 31-01-2007 Normal situation
Activity
Cafés and bars NACE 56301and 2 others
Joint committee
302 Paritair Comité voor het hotelbedrijf · annual accounts 2022
Establishment unit
2.161.498.510 1820 Steenokkerzeel, since 01-02-2007
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • FLEEXDirector · since 01-01-2011 · permanent representative HADERMANN Marc Patrick
Shareholders
  • HUNGRY 712025 annual accounts of HUNGRY 71

Financial position

49 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.9%
Annual accounts 2025
Gross margin
€401,922
▼ 29.2%
Turnover
≈ €960,000
estimated
Profit
€27,538
▼ 68.9%
Equity
€141,530
=
Total assets
€1.3m
▲ 6.3%
Employees on 31-12-2025
5
▲ 25.0%
  • 2025 accounts filed 76 days after the deadline
Score breakdownraises riskLast filed accounts filed 76 days late; 3 of the last 3 accounts lateSector: Food and beverage service activities (NACE 56)Equity €141,530 (11.0% of total assets)Liquidity: current ratio 1.10, cash €25,614Show the evidence

Checked score

Score 2025
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 23% of small companies in food and beverage service (NACE 56)
Financial strength · tick: 2024
Weak
Solvency 36-1
equity 11.0% of total assets
Liquidity 3-3
short-term debt 89.0% · cash 2.0%
Profitability 43-25
return on assets 2.1%
Bankruptcy probability within 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (1,616 companies, NACE 56, small)
Last 24 months 12-2024: 3.6% 01-2025: 3.6%● unchanged vs 12-2024 02-2025: 3.7%▲ +0.1 percentage points vs 01-2025 03-2025: 3.6%▼ -0.1 percentage points vs 02-2025 04-2025: 3.9%▲ +0.3 percentage points vs 03-2025 05-2025: 4.0%▲ +0.1 percentage points vs 04-2025 06-2025: 4.1%▲ +0.1 percentage points vs 05-2025 07-2025: 4.2%▲ +0.1 percentage points vs 06-2025 08-2025: 5.1%▲ +0.9 percentage points vs 07-2025 09-2025: 6.2%▲ +1.1 percentage points vs 08-2025 10-2025: 7.8%▲ +1.6 percentage points vs 09-2025highest value 11-2025: 3.4%▼ -4.4 percentage points vs 10-2025 12-2025: 3.4%● unchanged vs 11-2025 01-2026: 3.4%● unchanged vs 12-2025 02-2026: 2.2%▼ -1.2 percentage points vs 01-2026 03-2026: 2.1%▼ -0.1 percentage points vs 02-2026 04-2026: 2.0%▼ -0.1 percentage points vs 03-2026 05-2026: 2.0%● unchanged vs 04-2026lowest value 06-2026: 2.0%● unchanged vs 05-2026 07-2026: 2.3%▲ +0.3 percentage points vs 06-2026 08-2026: 2.9%▲ +0.6 percentage points vs 07-2026 09-2026: 3.2%▲ +0.3 percentage points vs 08-2026 10-2026: 2.9%▼ -0.3 percentage points vs 09-2026 11-2026: 2.9%● unchanged vs 10-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.1 (1.09 in 2024), below the usual 1.5. Short-term debt is 89% and cash 2% of total assets. 89% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, small). It does better than 27% of them on solvency, 1% on liquidity, 25% on profitability and 39% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
raises risk
raises risk · Last filed accounts filed 76 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Equity €141,530 (11.0% of total assets)
NBB · annual accounts
raises risk · Liquidity: current ratio 1.10, cash €25,614
NBB · annual accounts
raises risk · 2025 accounts filed 76 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-10-2026, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
76 days late
2024
63 days late
2023
68 days late
2022
30 days late
2021
88 days late
2020
58 days late
2019
101 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 69 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €88,466 to €27,538 ▼ 68.9% View
  • Positive: 5th largest company by total assets in Grimbergen, Accommodation and food service…in the Checked rankings No. 5 View

Recent changes

  1. · Gazette deed 1 director resigning, 1 reappointedResignation: FLEEX (director) · Reappointment: FLEEX (director) · Permanent representative: HADERMANN Marc Patrick
  2. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as ILYS: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €845,000 and €1.4m, founded between 1998 and 2010.

CompanyTotal assetsGross margin
ILYS Grimbergen€1.3m€0.4m
CORAL MOON Riemst€1.4m€0.6m
PALY Eeklo€1.1m€0.4m
APERONI Aalst€0.8m€0.6m
DAVST Namur€1.0m€0.7m
DELANEY Brugge€1.4m€0.7m
STERREBOS Roeselare€1.2m€0.6m
Full comparison

Key facts about ILYS

What is the company number of ILYS?
The company number of ILYS is 0886.885.054. The VAT number is the same number with BE in front: BE 0886.885.054.
Where is ILYS based?
The registered office is at Jozef de Vleminckstraat 2, 1853 Grimbergen.Company details
What does ILYS do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of ILYS?
The legal form of ILYS is Private limited company (BV).
When was ILYS founded?
ILYS was founded on 31-01-2007.
Is ILYS still active?
Yes, ILYS is an active enterprise in the KBO register.
How many employees does ILYS have?
ILYS had an average of 22.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does ILYS fall under?
In its 2022 annual accounts, ILYS states joint committee 302 (Paritair Comité voor het hotelbedrijf).
What is the turnover of ILYS?
The turnover in financial year 2025 is ≈ €960,000. This figure is estimated from the gross margin of €401,922 and 83 comparable companies (NACE 56). It probably lies between €870,000 and €1.2m.
Is ILYS profitable?
In financial year 2025, ILYS made a profit of €27,538.
Where can I find the annual accounts of ILYS?
ILYS filed 19 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ILYS due?
ILYS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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