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Complete company report
Generated 22-08-2026
Active BE 1007.049.050Private limited company

Ivali International

· 2 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of Ivali International is 4.7% (elevated). The 2024 annual accounts show negative equity (€-29k) and a net result of €-41k. The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €-29k
Net result €-41k
Active 2 yrs
Board 1
Financial profile 4 of 5 axes measured · computed by Checked
Health10Profitability100Solvency42Growth-Stability67
55 / 100

Mixed profile: strong on profitability, weaker on health.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 10
Profitability 100
Solvency 42
Growth -
Stability 67
Bankruptcy probability (12 mo) Checked model v1 · free
4.7% Elevated
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
10 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview1 NBB filings
Annual accounts filed on 02-07-2025 with the NBB · fiscal year 2024 · micro
Fiscal year2024
Depositmicro
Revenue-
EBITDA€-41k
Net profit€-41k
Cash flow€-41k
Staff costs-
Income taxes-
Dividends-
Total assets€308k
Equity€-29k
Debt€338k
of which ≤ 1y€338k
of which > 1y-
Working capital€-38k
Employees (FTE)-
Ratios (computed)
2024
Current ratio0.89
Quick ratio0.35
Working capital ratio-12.5%
Solvency-9.5%
Debt / equity-11.53
Long-term debt ratio-
Interest coverage-838.89
Gross margin-
Net margin-
ROA-13.4%
ROE141.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€308k
Fixed assets 21/28€9k
Tangible fixed assets 22/27€4k
Financial fixed assets 28€5k
Current assets 29/58€299k
Stocks & contracts in progress 3€180k
Amounts receivable within one year 40/41€108k
Cash & bank 54/58€11k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€308k
Equity 10/15€-29k
Contributions / capital 10/11€12k
Accumulated profits (losses) 14€-41k
Amounts payable 17/49€338k
Amounts payable within one year 42/48€338k
Trade debts payable within one year 44€299k
Income statement
Gross operating margin 9900€-41k
Operating result 9901€-41k
Financial income 75€24
Financial charges 65€49
Result before taxes 9903€-41k
Net result for the period 9904€-41k
Result to be appropriated 9905€-41k
Ratios computed by Checked.
Directors & mandates 2 directors
Current directors & mandates
  • Donchev Plamen Miroslavov
    Director
    State Gazette act 25061167 (13-05-2025)
    Current
    13-05-2025 → present
Former directors (1)
  • Pugyova Maria
    Director
    State Gazette act 25061167 (13-05-2025)
    Former
    - → 13-05-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation12-03-2024
StatusActive
Postal code-
Establishment units 1 location
Ivali International
Durmakker 6, 9940 EvergemHandelsbemiddeling in de niet-gespecialiseerde groothandel
since 20242.359.543.707
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

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.
36017A1279/00F000 Flanders 3,013 m² 1 · 398 m² 53.6 m · 5 fl.
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.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
02-07-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
13-05-2025
State Gazette act Capital & shares
Belgian State Gazette reading coverage 0 of 2 acts read

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
Capital history · 1
13-05-2025
Capital change
All acts · 1 updated 1 year ago
2025
13-05-2025 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Donchev Plamen Miroslavov",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": "Gent",
    "is_associated": false
  },
  "act_meta": {
    "language": "mixed",
    "pub_date": "2025-05-13",
    "filing_date": "2025-05-05",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "act_date": "2025-05-05",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2025-04-30"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "1007.049.050",
    "name_full": "IVali International",
    "legal_form": "BV",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Pugyova Maria",
      "role": "simple_associ\u00E9",
      "n_shares": 0,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Donchev Plamen Miroslavov",
      "role": "simple_associ\u00E9",
      "n_shares": 100,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Groothandel in dranken, algemeen assortiment46349Groothandel in koffie, thee, cacao en specerijen46370Goederenvervoer over de weg49410Logistieke diensten52250Overige vervoerondersteunende activiteiten52290
Primary activity highlighted.
Names & trade names
Legal nameNL Ivali International
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative