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IO

Active
Private limited companyfounded 2024active for 2 yearsBeringersteenweg 11, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 1010.425.838
Summary

The computed 12-month bankruptcy probability of IO is 7.7% (elevated). The 2025 annual accounts show negative equity (-€4,380) and a net result of -€6,450. Its solvency ranks better than 22% of 16,883 sector peers (NACE 56, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
-€4,380
2024 · €2,070
Total assets
€50,111▲ 24×
2024 · €2,070
Net result
-€6,450▼ 594%
2024 · -€930
Working capital
-€53,880
Trend over the years

2024 to 2025, 2 financial years

The operating result stays negative: a loss of €6,425 in 2025 against €930 in 2024; the loss grows.

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

Operating result-€6,425 2025 Net result-€6,450 2025

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

Sector: the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€930--€6,425▼ 591%
Net result-€930within the sector's middle half--€6,450below the sector's middle half▼ 594%
Equity€2,070within the sector's middle half--€4,380below the sector's middle half
Total assets€2,070below the sector's middle half-€50,111within the sector's middle half▲ 24×
Debt€54,491
Working capital-€53,880below the sector's middle half
Solvency-8.7%below the sector's middle half
Current ratio0.01below the sector's middle half
Return on assets (ROA)-12.9%below the sector's middle half
above within below the middle half of NACE 56, Food and beverage service activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
Assets €50,111
Fixed assets €49,500
Current assets €611
Equity and liabilities
Equity-€4,380
Debt€54,491
Equity is negative: debt (€54,491) exceeds the balance-sheet total (€50,111).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€925
Cash flow
-€950
Interest coverage
-36.02
Debt ≤ 1 year
€54,491
No debt to equity: equity is negative, so debt divided by equity means nothing.

Peer companies

Historical observation

Of the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.9% are still going.

  • Micro
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.8% went bankrupt
5.6% stopped otherwise
84.9% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 7.7% 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 497,445 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% 0.9%
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 7,639 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 · 26 lines
Balance sheet Code20242025
Assets
Total assets20/58€2,070€50,111▲
Fixed assets21/28-€49,500
Intangible fixed assets21-€49,500
Current assets29/58€2,070€611▼
Amounts receivable within one year40/41€2,010€266▼
Other amounts receivable41€2,010€266▼
Cash at bank and in hand54/58€61€345▲
Equity and liabilities
Total equity and liabilities10/49€2,070€50,111▲
Equity10/15€2,070-€4,380▼
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€930-€7,380▼
Amounts payable17/49-€54,491
Amounts payable within one year42/48-€54,491
Trade debts44-€54,491
Suppliers440/4-€54,491
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5,500
Other operating charges640/8-€98
Gross operating margin9900-€930-€827▲
Operating profit (loss)9901-€930-€6,425▼
Financial charges65/66B-€26
Recurring financial charges65-€26
Profit (loss) for the period before taxes9903-€930-€6,450▼
Profit (loss) for the period9904-€930-€6,450▼
Profit (loss) for the period to be appropriated9905-€930-€6,450▼
Appropriation of the result
Profit (loss) to be appropriated9906-€930-€7,380▼
Profit (loss) brought forward from the previous period14P--€930

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€5,500-
Other operating charges640/8-€98-
Gross operating margin9900-€930-€827▲ 11.0%
Operating profit (loss)9901-€930-€6,425▼ 591%
Financial charges65/66B-€26-
Recurring financial charges65-€26-
Profit (loss) for the period before taxes9903-€930-€6,450▼ 594%
Profit (loss) for the period9904-€930-€6,450▼ 594%
Profit (loss) for the period to be appropriated9905-€930-€6,450▼ 594%
Line20242025Change
Assets
Total assets20/58€2,070€50,111▲ 24×
Fixed assets21/28-€49,500-
Intangible fixed assets21-€49,500-
Current assets29/58€2,070€611▼ 70.5%
Amounts receivable within one year40/41€2,010€266▼ 86.8%
Other amounts receivable41€2,010€266▼ 86.8%
Cash at bank and in hand54/58€61€345▲ 470%
Equity and liabilities
Total equity and liabilities10/49€2,070€50,111▲ 24×
Equity10/15€2,070-€4,380-
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€930-€7,380▼ 694%
Amounts payable17/49-€54,491-
Amounts payable within one year42/48-€54,491-
Trade debts44-€54,491-
Suppliers440/4-€54,491-
Line20242025Change
Profit (loss) for the period9904-€930-€6,450▼ 594%
+ Depreciation and write-downs630-€5,500-
Operating cash flow (approximation)-€930-€950▼ 2.2%
Change in cash-€285-

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

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 23-07-2026 2026-00321275
31-12-2024 micro format 13-08-2025 2025-00373317

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 20,102 active companies whose main activity is full-service restaurants (NACE 56111), figures are known for 11,790. See the whole sector

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