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Ion Beam Applications

Active
Public limited companyfounded 1986active for 40 yearsChemin du Cyclotron 3, 1348 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0428.750.985
Summary

Ion Beam Applications has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €195.5m and a net result of -€47.9m. Equity is growing by about 3.9% per year across the filed financial years. Its solvency ranks better than 25% of 176 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of computer, electronic and optical products
NACE 26600
#1 company by total assets in Walloon Brabant, Computer and electronic products sector2 sites
Size
€439.7mturnover 2025
Staff
1,010.3 FTE
Equity
€195.5m
Loss
-€47.9m
Standalone figures, without subsidiaries
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Largest shareholder
SUSTAINABLE ANCHORAGE · 20.49%
Board
14 members
Holdings
29
Auditor: PricewaterhouseCoopers (PwC) Réviseurs d'Entreprises SRLAccounts 44 days early
Why 88raises riskLoss of €47.9m (financial year 2025)Liquidity: current ratio 1.46, cash €32.3mlowers riskSector: Manufacture of computer, electronic and optical products (NACE 26)Founded in 1986Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 51% of its sector peers (all companies)
Financial strength · tick = 2024
Average
Solvency 53-7
equity 27.5% of total assets
Liquidity 34-6
short-term debt 44.9% · cash 4.6%
Profitability 74-7
return on assets -6.7%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11 companies, NACE 26, large)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025lowest value 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.2%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €17,200,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.46, compared with 1.81 in 2024; short-term debt: 44.9% and cash: 4.6% of total assets), and 72.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (all companies): better than 42% on solvency, 33% on liquidity, 74% on profitability and 54% on growth.

The bankruptcy probability was computed on 09-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Loss of €47.9m (financial year 2025)
NBB · annual accounts
lowers risk · Sector: Manufacture of computer, electronic and optical products (NACE 26)
KBO
raises risk · Liquidity: current ratio 1.46, cash €32.3m
NBB · annual accounts
lowers risk · Founded in 1986
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-06-2026, 44 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
44 days early
2024
34 days early
2023
16 days early
2022
11 days early
2021
5 days early
← 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 22 days before the deadline; the sector median (NACE 26) for financial year 2024 is 8 days before the deadline, and 35% 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 16 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · consolidated
  2. Amendment of the articlesAuthorised capital · Share purchase…
  3. Reappointments: PwC Réviseurs d'Entreprises SRL (statutory…Permanent representative: Romain Seffer ·…

Key points

  • Caution: From profit to loss in 2025after €18.4m in 2024 -€47.9m View
  • Caution: Among the weakest 5% on net resultsector median €119,247 · 176 companies -€47.9m View
  • Board changedlatest change 26-06-2026 · 14 in office 3 joined · 1 left View
  • Heads a groupcompanies controlled · known shareholders 43.51% (incl. 3.04% own shares) 21 View
  • Positive: 4 years of growth in a rowturnover 2025: €439.7m 4 years View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • EU research moneyEU contribution €5.0m View

By topic

Financials

Financial year
2025
Turnover
€439.7m
Loss
-€47.9m
Solvency
27.5%
Turnover▲ 40.9%
Net result
20182025
Go to Financials

Board & ownership

Board
14 members
Largest shareholder
SUSTAINABLE ANCHORAGE · 20.49%
Known shareholders
43.51%
Auditor
PricewaterhouseCoopers (PwC) Réviseurs d'Entreprises…
  • Saint Denis SAChair
  • Olivier LegrainManaging director
  • Yves JongenManaging director
  • Bridging for Sustainability SRLDirector
  • Prof. Hedvig HricakDirector

and 9 other directors

Go to Board & ownership

Timeline

Events
177
Since
1987
Next accounts
by 31-07-2027
  1. 17-06-2026Annual accounts filed
  2. 08-06-2026Resignation: Y. Jongen (managing director)
  3. 08-06-2026Resignations & appointments
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Manufacture of computer, electronic and optical productsNACE 26600
Founded
28-03-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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