Iterbeke X
ActiveIterbeke X has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.05M and a net result of €113k. Equity is growing by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 93% of 237 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
93
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▼-18
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 5.88 against 4.52 in 2023), and 14.5% 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
85.5%
Return on assets
9.2%
Age of the figures
20 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Sector 38
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-11-2025, 96 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
96 d late
2023
461 d late
2022
209 d late
2020
118 d late
2019
92 d late
2018
301 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€1.05M▲ 6.4%
2023 · €988k
2018: €623k
2019: €723k
2020: €663k
2022: €915k
2023: €988k
2018 → 2024
Total assets
€1.23M▼ 0.4%
2023 · €1.23M
2018: €865k
2019: €946k
2020: €874k
2022: €1.14M
2023: €1.23M
2018 → 2024
Net result
€113k▼ 20.6%
2023 · €142k
2018: €126k
2019: €119k
2020: €6k
2022: €155k
2023: €142k
2018 → 2024
Working capital
€703k▲ 8.2%
2023 · €650k
2018: €400k
2019: €477k
2020: €431k
2022: €582k
2023: €650k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202220232024Trend
Equity€723k-€663k▼ 8.2%€915k▲ 38.0%€988k▲ 7.9%€1.05M▲ 6.4%
Operating result€161k-€13k▼ 92.0%€217k▲ 1,586%€167k▼ 22.9%€149k▼ 10.6%
Net result€119k-€6k▼ 94.7%€155k▲ 2,355%€142k▼ 8.5%€113k▼ 20.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 11% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.23M
Fixed assets
€381k▼ 4.3%
Current assets
€847k▲ 1.5%
Equity and liabilities €1.23M
Equity
€1.05M▲ 6.4%
Debt
€178k▼ 27.6%
The debt ratio falls from 19.9% to 14.5%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€189k▼
2023 · €203k
Cash flow
€153k▼
2023 · €178k
Solvency
85.5%▲
2023 · 80.1%
Current ratio
5.88▲
2023 · 4.52
Quick ratio
5.72▲
2023 · 4.39
Debt / equity
0.17▼
2023 · 0.25
ROE
10.8%▼
2023 · 14.4%
ROA
9.2%▼
2023 · 11.5%
Interest coverage
107.34▲
2023 · 50.30
Debt
€178k▼
2023 · €246k
Debt ≤ 1 year
€144k▼
2023 · €185k
Debt > 1 year
€34k▼
2023 · €61k
Income taxes
€43k▼
2023 · €45k
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€1.23M€1.23M▼
Fixed assets21/28€399k€381k▼
Tangible fixed assets22/27€399k€381k▼
Land and buildings22€291k€288k▼
Plant, machinery and equipment23€13k€7k▼
Furniture and vehicles24€95k€86k▼
Current assets29/58€835k€847k▲
Stocks and contracts in progress3€24k€23k▼
Stocks30/36€24k€23k▼
Amounts receivable within one year40/41€81k€125k▲
Trade receivables40€64k€107k▲
Other amounts receivable41€18k€18k▲
Current investments50/53€549k€549k=
Cash at bank and in hand54/58€181k€150k▼
Equity and liabilities
Total equity and liabilities10/49€1.23M€1.23M▼
Equity10/15€988k€1.05M▲
Contributions10/11€19k€19k=
Reserves13€969k€1.03M▲
Distributable reserves133€969k€1.03M▲
Profit (loss) carried forward14€12€12=
Amounts payable17/49€246k€178k▼
Amounts payable after more than one year17€61k€34k▼
Financial debts170/4€61k€34k▼
Amounts payable within one year42/48€185k€144k▼
Current portion of amounts payable after more than one year42€27k€27k▲
Financial debts43€5k€5k=
Credit institutions430/8€5k€5k=
Trade debts44€5k€22k▲
Suppliers440/4€5k€22k▲
Taxes, remuneration and social security45€95k€49k▼
Taxes450/3€95k€49k▼
Other amounts payable47/48€53k€41k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€40k▲
Other operating charges640/8€5k€5k▲
Gross operating margin9900€208k€194k▼
Operating profit (loss)9901€167k€149k▼
Financial income75/76B€24k€8k▼
Recurring financial income75€3k€8k▲
Non-recurring financial income76B€21k-
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€187k€156k▼
Income taxes67/77€45k€43k▼
Profit (loss) for the period9904€142k€113k▼
Profit (loss) for the period to be appropriated9905€142k€113k▼
Appropriation of the result
Profit (loss) to be appropriated9906€142k€113k▼
Profit (loss) brought forward from the previous period14P€12€12=
Transfer from equity791/2€40k€40k=
Transfer to equity691/2€112k€103k▼
To other reserves6921€112k€103k▼
Profit to be distributed694/7€70k€50k▼
Return on contributions (dividend)694€40k€40k=
Directors or managers695€30k€10k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
04-11
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 96 days late
04-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 461 days late
2024
31-12
Financial
Equity above €1MEq €1.05M ▲6.4%
6 profitable years in a row build equity to €1.05M.
25-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 209 days late
2022
31-12
Financial
Highest result since 2018net €155k ▲2355%
Operating result €217k, net result €155k, both a record.
2021
26-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 118 days late
2020
31-12
Financial
Weakest financial yearnet €6k ▼94.7%
Net result drops to €6k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 92 days late
27-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 301 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
2016
20-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 142 days late
2015
30-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 61 days late
2014
07-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Evergem · 1 establishment unit since 2011
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.
Durmakker 6A9940 EvergemGround area
1.1 ha
Building footprint
4,043 m²
Volume, LiDAR
30,010 m³
2 parcels, Flanders · tallest building 8.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Iterbeke X
since 20112.200.985.527
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44302E0477/00E002 | Flanders | 9,207 m² | 1 · 2,859 m² | 8.4 m · 3 fl. |
| 44302E0477/00F002 | Flanders | 1,642 m² | 1 · 1,183 m² | 8.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IMBRECHTS GEBRS
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DINC H.
BE 0543.792.193
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RCMD
BE 0478.498.525
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Kopuur
BE 0737.494.760
Tielt · Eq €1.07M
BRUCO SUD
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Sambreville · Eq €1.07M
Of 974 companies in sector 38210 we hold annual accounts for 582. 413 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2011
Fiscal year end31-12
Activities, NACEBEL
38210Materials recovery from waste
38310Waste collection, recovery and disposal activities
38110Waste collection, recovery and disposal activities
46872Wholesale trade
46879Wholesale trade
47793Retail sale of other second-hand goods, excluding clothing
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.