IVA & CO
InactiveIVA & CO was declared bankrupt on 17-11-2022 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 21-12-2023, published in the Belgian State Gazette on 05-01-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 26-09-2022, 57 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
57 d late
2020
95 d late
2019
460 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-40k▼ 3.0%
2020 · €-39k
2018: €-35k
2019: €-38k
2020: €-39k
2018 → 2021
Total assets
€837▲ 23.2%
2020 · €680
2018: €4k
2019: €575
2020: €680
2018 → 2021
Net result
€-1k▼ 134%
2020 · €-500
2018: €-10k
2019: €-3k
2020: €-500
2018 → 2021
Working capital
€-40k▼ 3.0%
2020 · €-39k
2018: €-35k
2019: €-38k
2020: €-39k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-35k-€-38k▼ 9.7%€-39k▼ 1.3%€-40k▼ 3.0%
Operating result€-9k-€-3k▲ 62.9%€-500▲ 85.1%€-750▼ 50.0%
Net result€-10k-€-3k▲ 66.7%€-500▲ 85.1%€-1k▼ 134%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €750 in 2021 against €500 in 2020; the loss grows.
Key figures and ratios
Debt
€41k▲
2020 · €39k
Debt ≤ 1 year
€41k▲
2020 · €39k
Income taxes
€419
Ratios withheld: a balance sheet total of €837 is too small for a meaningful ratio.
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€680€837▲
Current assets29/58€680€837▲
Amounts receivable within one year40/41€680€837▲
Other amounts receivable41-€837
Equity and liabilities
Total equity and liabilities10/49€680€837▲
Equity10/15€-39k€-40k▼
Contributions10/11€19k€19k=
Reserves13€2k€629▼
Non-distributable reserves130/1-€629
Reserves not available under the articles1311-€629
Profit (loss) carried forward14€-59k€-59k▲
Amounts payable17/49€39k€41k▲
Amounts payable within one year42/48€39k€41k▲
Taxes, remuneration and social security45-€7k
Taxes450/3-€7k
Other amounts payable47/48-€33k
Income statement
Code20202021
Gross operating margin9900€-500€-750▼
Operating profit (loss)9901€-500€-750▼
Profit (loss) for the period before taxes9903€-500€-750▼
Income taxes67/77-€419
Profit (loss) for the period9904€-500€-1k▼
Profit (loss) for the period to be appropriated9905€-500€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-60k
Profit (loss) brought forward from the previous period14P-€-59k
Transfer from equity791/2-€1k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
05-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · IVA & CO BV SINT JANSSTRAAT 37, 3118 WERCHTER · event 21-12-2023
2022
23-11
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · IVA & CO BV SINT JANS- STRAAT 37, 3118 WERCHTER · event 17-11-2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 57 days late
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 95 days late
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 460 days late
03-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 826 days late
01-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1128 days late
2017
21-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
06-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
20-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalNBB filing
Directors · office · real estate
Directors
6 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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | WIM BOLLEN STEENWEG OP ST-JORIS-WINGE 21,
3200 AARSCHOT |
17-11-2022 → present |
| Curator | THOMAS
VANDENDRIES STEENWEG OP ST-JORIS-WINGE 21,
3200 AARSCHOT |
17-11-2022 → present |