Equity
€2,000 from €70,921 in 2024
Equity fell by 97% in 1 year.
IULIELA
Lifetime
4 annual accounts with figures on one time axispeak €46,122 (2023)
€37,704▲ 11.5%
peak €35,368 (2023)
€20,509▼ 3.3%
peak €70,921 (2024)
€2,000▼ 97.2%
€139,057▲ 326%
Board1 name since 2021
1 directorVASILE Iulian
Documentsfilings and deeds
27-02-202627 days late
2025micro format
Dividend €89,429Equity from €70,921 to €2,000Debts from €32,638 to €139,057Cash from €71,568 to €96,373
Key points
from the 2025 annual accountsTurnover
≈ €200,000 estimated
The micro format states no turnover.
Debts
€139,057 99% of the balance sheet
Suppliers 19%Taxes and wages 30%Other 51%
Liquidity
0.97 was 2.97 in 2024
Short-term debts rose from €32,638 to €139,057.
Filings
4 annual accounts 2 late
The 2022 accounts came latest: 69 days after the end of the period.
Position in the sector
1.4%
Lower solvency than 90% of companies in specialised construction. Sector median 46.7% · 35,156 companies.
Checked score
69
Healthy
Financially stronger than 32% of micro companies in specialised construction (NACE 43)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,696 companies (NACE 43, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.7%
01-2025: 0.6%▼ -0.1 percentage points vs 12-2024
02-2025: 0.9%▲ +0.3 percentage points vs 01-2025highest value
03-2025: 0.2%▼ -0.7 percentage points vs 02-2025
04-2025: 0.2%● unchanged vs 03-2025
05-2025: 0.2%● unchanged vs 04-2025
06-2025: 0.2%● unchanged vs 05-2025
07-2025: 0.2%● unchanged vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025lowest value
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.4%▲ +0.2 percentage points vs 01-2026
03-2026: 0.8%▲ +0.4 percentage points vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.7%▼ -0.1 percentage points vs 06-2026
08-2026: 0.6%▼ -0.1 percentage points vs 07-2026
09-2026: 0.6%● unchanged vs 08-2026
10-2026: 0.6%● unchanged vs 09-2026
11-2026: 0.6%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2021
Equity €2,000 (1.4% of total assets)
Sector: Specialised construction activities (NACE 43)
lowers risk
Liquidity: current ratio 0.97, cash €96,373
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 43, micro). It does better than 9% of them on solvency, 43% on liquidity, 72% on profitability and 4% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,153 companies had the same profile as IULIELA has now. Each dot stands for 6 companies, two years later.
96.0%
were still trading
2.2%
stopped another way
1.7%
went bankrupt
That fits the bankruptcy probability of IULIELA itself: 0.6% within 12 months.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,153 companies, not a prediction for IULIELA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 35156 sector peers (2025).
NBB · sector comparisonPosition among 35156 sector peers
Solvency
better than 10%
← weakest
strongest →
raises risk · 2025 accounts filed 27 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-02-2026, 27 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 · 4 filingsDeviation from the deadline
2025
27 days late
2024
1 day early
2023
13 days early
2022
69 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 21 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 13 February (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end11-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0767777863
Registered office moved from Sint-Pieters-Leeuw to Liedekerke
New registered office: Muilenstraat 33/A000, 1770 Liedekerke · Previous registered office: Brusselbaan 285, 1600 Sint-Pieters-Leeuw · General meeting of 04-01-2022 · Gazette deed
Incorporation
Founding capital of €2,000, 100 shares · Founder: VASILE Iulian · Appointment: VASILE Iulian (director) · published on 05-05-2021 · Gazette deed
First establishment
Muilenstraat 33, Liedekerke
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IULIELA Liedekerke | €141,057 | €37,704 | 1.4% | - |
| SANITAIR EXPRESS Diest | €138,939 | €39,201 | 77.8% | - |
| Y.E.S. Antwerp | €133,571 | €40,517 | 43.0% | - |
| SANDER BREINE Roeselare | €136,756 | €40,415 | 86.9% | - |
| BCalor Zoersel | €138,445 | €34,071 | 77.2% | - |
| AT CONCEPT Bruges | €151,312 | €35,531 | 58.8% | - |
| JD Climatec Herk-de-Stad | €137,848 | €42,461 | 52.4% | - |
These companies have the same main activity as IULIELA: plumbing work (NACE 43221). They are comparable in size and age: total assets between €134,000 and €151,000, founded between 2020 and 2021.
Official details
Source: KBO- Status
- Active since 03-05-2021Normal situation
- Activity
- Plumbing workNACE 43221and 4 others
- Establishment unit
- 2.316.991.9831770 Liedekerke, since 03-05-2021
- Financial year end
- 30 June
- Peppol
- Reachable since 12-01-2026
Insights on IULIELA
IULIELA files the micro format. That format states no turnover. The gross margin rose from €27,557 in 2022 to €37,704 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IULIELA
- What is the company number of IULIELA?
- The company number of IULIELA is 0767.777.863. The VAT number is the same number with BE in front: BE 0767.777.863.
- Where is IULIELA based?
- The registered office is at Muilenstraat 33, 1770 Liedekerke.Company details
- What does IULIELA do?
- According to the KBO register, the main activity is plumbing work (NACE 43221).
- What is the legal form of IULIELA?
- IULIELA is a private limited company (BV).
- When was IULIELA founded?
- IULIELA was founded on 03-05-2021.
- Is IULIELA still active?
- Yes, IULIELA is an active enterprise in the KBO register.
- What is the turnover of IULIELA?
- The turnover in financial year 2025 is ≈ €200,000. This figure is estimated from the gross margin of €37,704 and 119 comparable companies (NACE 432). It probably lies between €130,000 and €270,000.Financials
- Is IULIELA profitable?
- In financial year 2025, IULIELA made a profit of €20,509.
- Where can I find the annual accounts of IULIELA?
- IULIELA filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IULIELA due?
- IULIELA must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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