IVAL
ActiveSummary
The annual accounts of IVAL for fiscal year 2025 show a net loss of 61% of the equity at the start of that year. The 2025 annual accounts show equity of €26k and a net result of €-40k. Equity is growing by ~6.3% per year across the filed fiscal years. Its solvency ranks better than 30% of 14079 sector peers (fiscal year 2025). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
30
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability4▼-53
Solvency33▼-11
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.78 against 0.87 in 2024; short-term debt: 92.2% and cash: 2.3% of total assets), and 92.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7.8%
Return on assets
-12.1%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 11-02-2026, 11 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 · 6 filingsDeviation from the deadline
2025
11 d late
2024
9 d early
2023
49 d late
2022
2 d late
2021
7 d early
2020
3 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€85k
EBIT margin
-1.4%
Net result
€-40k
2024 · €3k
2020: €10k
2021: €43k
2022: €14k
2023: €3k
2024: €3k
2020 → 2025
Working capital
€-66k▼ 78.2%
2024 · €-37k
2020: €28k
2021: €46k
2022: €60k
2023: €-11k
2024: €-37k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€85k
Equity€46k-€60k▲ 31.8%€63k▲ 4.9%€66k▲ 5.3%€26k▼ 60.8%
Operating result€49k-€20k▼ 59.9%€3k▼ 85.4%€-1k€-15k▼ 1,194%
Net result€43k-€14k▼ 66.4%€3k▼ 79.8%€3k▲ 14.3%€-40k
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 €15k in 2025 against €1k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €334k
Fixed assets
€92k ▼ 10.9%
Current assets
€241k ▼ 1.9%
Equity and liabilities €334k
Equity
€26k ▼ 60.8%
Debt
€308k ▲ 8.6%
Debt's share of the balance-sheet total rises from 81.0% to 92.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▼
2024 · €3k
Cash flow
€-29k▼
2024 · €7k
Current ratio
0.78▼
2024 · 0.87
Quick ratio
0.03▼
2024 · 0.05
Debt to equity
11.82▲
2024 · 4.27
ROE
-154.8%▼
2024 · 5.0%
ROA
-12.1%▼
2024 · 1.0%
Interest coverage
-14.31▼
2024 · 7.21
Debt ≤ 1 year
€308k▲
2024 · €283k
Income taxes
€25k▲
2024 · €-5k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€350k€334k▼
Fixed assets21/28€103k€92k▼
Tangible fixed assets22/27€103k€92k▼
Land and buildings22€74k€74k=
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€27k€17k▼
Current assets29/58€246k€241k▼
Stocks and contracts in progress3€233k€233k=
Stocks30/36€233k€233k=
Amounts receivable within one year40/41€350€285▼
Trade receivables40€0-
Other amounts receivable41€350€285▼
Cash at bank and in hand54/58€11k€8k▼
Deferred charges and accrued income490/1€2k€879▼
Equity and liabilities
Total equity and liabilities10/49€350k€334k▼
Equity10/15€66k€26k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€46k€6k▼
Amounts payable17/49€283k€308k▲
Amounts payable within one year42/48€283k€308k▲
Trade debts44€268k€258k▼
Suppliers440/4€268k€258k▼
Taxes, remuneration and social security45€0€10k▲
Taxes450/3€0€10k▲
Other amounts payable47/48€15k€39k▲
Income statement
Code20242025
Turnover70€85k-
Goods, raw materials, services and sundry goods60/61€76k-
Remuneration, social security and pensions62€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€11k▲
Other operating charges640/8€7k€5k▼
Gross operating margin9900€9k€1k▼
Operating profit (loss)9901€-1k€-15k▼
Financial charges65/66B€363€264▼
Recurring financial charges65€363€264▼
Profit (loss) for the period before taxes9903€-2k€-15k▼
Income taxes67/77€-5k€25k▲
Profit (loss) for the period9904€3k€-40k▼
Profit (loss) for the period to be appropriated9905€3k€-40k▼
Appropriation of the result
Profit (loss) to be appropriated9906€46k€6k▼
Profit (loss) brought forward from the previous period14P€42k€46k▲
Transfer to equity691/2€0-
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-08
State Gazette act
Purpose · Statutes amendmentPurpose change5 facts ▸
State Gazette act
Purpose · Statutes amendment
Purpose change5 facts ▸
- Purpose change, Extension de l'objet statutaire incluant services funéraires, construction, nettoyage/dépollution, commerce, transport, HoReCa, informatique, holding, etc.
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
11-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
30-06
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series.
22-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
02-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 2 days late
2022
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2020net €43k ▲336%
Operating result €49k, net result €43k, both a record.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Jans-Molenbeek · 1 establishment unit since 2018
Ground area
143 m²
Building footprint
79 m²
Volume, LiDAR
932 m³
Parcel 21524C0063/00D002, Brussels · tallest building 12.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
IVAL
since 20182.283.251.722
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21524C0063/00D002 | Brussels | 143 m² | 1 · 79 m² | 12.9 m · 4 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 9,136 companies in sector 68201 we hold annual accounts for 6,765. 2,541 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-11-2018
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesBelgian Official Gazette · 1 actNational Bank · 6 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.