IOL
ActiveIOL has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €174k and a net result of €14k. Equity is growing by ~30.6% per year across the filed fiscal years. Its solvency ranks better than 16% of 8968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability41▼-5
Solvency33▼-3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.55 in 2023; short-term debt: 17.8% and cash: 2.5% of total assets), and 92.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 8968 sector peers (2024).
NBB · sector comparisonPosition among 8968 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
27 d late
2023
29 d late
2022
24 d late
2021
20 d early
2020
30 d late
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€174k▼ 33.2%
2023 · €261k
2018: €55k
2019: €70k
2020: €49k
2021: €73k
2022: €102k
2023: €261k
2018 → 2024
Total assets
€2.23M▼ 7.0%
2023 · €2.39M
2018: €281k
2019: €299k
2020: €308k
2021: €265k
2022: €308k
2023: €2.39M
2018 → 2024
Net result
€14k▲ 8.4%
2023 · €13k
2018: €-42k
2019: €14k
2020: €-5k
2021: €24k
2022: €29k
2023: €13k
2018 → 2024
Working capital
€171k▼ 31.7%
2023 · €250k
2018: €26k
2019: €82k
2020: €68k
2021: €91k
2022: €73k
2023: €250k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€49k-€73k▲ 49.4%€102k▲ 39.1%€261k▲ 155%€174k▼ 33.2%
Operating result€440-€40k▲ 8,878%€47k▲ 19.1%€46k▼ 3.1%€91k▲ 100%
Net result€-5k-€24k€29k▲ 18.3%€13k▼ 53.5%€14k▲ 8.4%
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 2024; 2024 is 100% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.23M
Fixed assets
€1.66M▼ 1.7%
Current assets
€568k▼ 19.7%
Equity and liabilities €2.23M
Equity
€174k▼ 33.2%
Debt
€2.05M▼ 3.8%
The debt ratio rises from 89.1% to 92.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€175k▲
2023 · €93k
Cash flow
€98k▲
2023 · €60k
Solvency
7.8%▼
2023 · 10.9%
Current ratio
1.43▼
2023 · 1.55
Quick ratio
1.43▼
2023 · 1.55
Debt / equity
11.77▲
2023 · 8.18
ROE
8.3%▲
2023 · 5.1%
ROA
0.6%▲
2023 · 0.6%
Interest coverage
2.51▼
2023 · 3.16
Debt
€2.05M▼
2023 · €2.13M
Debt ≤ 1 year
€397k▼
2023 · €456k
Debt > 1 year
€1.62M▼
2023 · €1.67M
Income taxes
€7k▲
2023 · €3k
Staff costs
€319k▲
2023 · €213k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.39M€2.23M▼
Fixed assets21/28€1.69M€1.66M▼
Intangible fixed assets21€15k€45k▲
Tangible fixed assets22/27€1.67M€1.61M▼
Land and buildings22€1.57M€1.52M▼
Plant, machinery and equipment23€39k€61k▲
Furniture and vehicles24€61k€29k▼
Financial fixed assets28€3k€4k▲
Current assets29/58€707k€568k▼
Amounts receivable within one year40/41€594k€504k▼
Trade receivables40€157k€135k▼
Other amounts receivable41€437k€368k▼
Cash at bank and in hand54/58€95k€55k▼
Deferred charges and accrued income490/1€18k€9k▼
Equity and liabilities
Total equity and liabilities10/49€2.39M€2.23M▼
Equity10/15€261k€174k▼
Contributions10/11€35k€35k=
Reserves13€52k€52k=
Non-distributable reserves130/1€4k€4k=
Reserves not available under the articles1311€4k€4k=
Tax-exempt reserves132€391€391=
Distributable reserves133€48k€48k=
Profit (loss) carried forward14€28k€43k▲
Investment grants15€145k€44k▼
Amounts payable17/49€2.13M€2.05M▼
Amounts payable after more than one year17€1.67M€1.62M▼
Financial debts170/4€1.35M€1.27M▼
Other amounts payable178/9€321k€357k▲
Amounts payable within one year42/48€456k€397k▼
Current portion of amounts payable after more than one year42€94k€75k▼
Financial debts43€98k€108k▲
Other loans439€98k€108k▲
Trade debts44€68k€63k▼
Suppliers440/4€68k€63k▼
Advances received on contracts in progress46€31k-
Taxes, remuneration and social security45€51k€38k▼
Taxes450/3€28k€3k▼
Remuneration and social security454/9€23k€35k▲
Other amounts payable47/48€115k€113k▼
Accrued charges and deferred income492/3€9k€34k▲
Income statement
Code20232024
Non-recurring operating income76A€5k-
Remuneration, social security and pensions62€213k€319k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€84k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€5k
Other operating charges640/8€7k€16k▲
Gross operating margin9900€313k€515k▲
Operating profit (loss)9901€46k€91k▲
Financial income75/76B€26€127▲
Recurring financial income75€26€127▲
Financial charges65/66B€29k€70k▲
Recurring financial charges65€29k€70k▲
Profit (loss) for the period before taxes9903€16k€22k▲
Income taxes67/77€3k€7k▲
Profit (loss) for the period9904€13k€14k▲
Profit (loss) for the period to be appropriated9905€13k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€28k€43k▲
Profit (loss) brought forward from the previous period14P€15k€28k▲
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
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Equity above €200kEq €261k ▲155%
3 profitable years in a row build equity to €261k.
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Highest result since 2018net €29k ▲18.3%
Net result €29k, the highest in the series.
31-12
Financial
Equity above €100kEq €102k ▲39.1%
2 profitable years in a row build equity to €102k.
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Liège · 1 establishment unit since 1998
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.
Avenue Pré-Aily 204031 LiègeGround area
4,091 m²
Building footprint
1,240 m²
Volume, LiDAR
7,578 m³
Parcel 62002C0005/00P005, Wallonia · tallest building 18.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IOL CREATIVE GROUP
since 19982.087.255.896
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62002C0005/00P005 | Wallonia | 4,091 m² | 1 · 1,240 m² | 18.5 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.
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Of 2,715 companies in sector 73200 we hold annual accounts for 1,785. 1,354 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-1998
Fiscal year end31-12
Activities, NACEBEL
71121Engineering and related technical consultancy, excluding land surveyors
73200Market research and public opinion polling
74131
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.