Equity
€8,902 from €64,828 in 2018
Equity fell by 86% in 7 years.
IVAN VAN AUBEL
Lifetime
20 annual accounts with figures on one time axis, 36 filings since 1990peak €74,545 (2017)
€1,166▲ €10,781
lowest -€19,165 (2024)
-€8,070▲ €11,095
peak €64,828 (2018)
€8,902▼ 47.5%
€3,013▲ 130%
Board1 name since 1993
1 directorvan Aubel Ivan
Documentsfilings and deeds
30-07-20261 day before the deadline
2025micro format
Gross margin from -€9,614 to €1,166Loss of €8,070Equity from €16,972 to €8,902Debts from €1,312 to €3,013Cash from €389 to €4,357
Key points
from the 2025 annual accountsChecked score
55
Fair
Financially stronger than 47% of micro companies without a NACE code
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.4%▼ -0.1 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.5%▲ +0.1 percentage points vs 02-2025
04-2025: 0.5%● unchanged vs 03-2025
05-2025: 0.5%● unchanged vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025
07-2025: 0.5%● unchanged vs 06-2025
08-2025: 0.7%▲ +0.2 percentage points vs 07-2025
09-2025: 0.7%● unchanged vs 08-2025
10-2025: 0.7%● unchanged vs 09-2025
11-2025: 0.7%● unchanged vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.8%▲ +0.1 percentage points vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026highest value
08-2026: 0.2%▼ -0.6 percentage points vs 07-2026lowest value
09-2026: 0.2%● unchanged vs 08-2026lowest value
10-2026: 0.2%● unchanged vs 09-2026lowest value
11-2026: 0.2%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Loss of €8,070, the second in a row (financial year 2025)
lowers risk
Size: total assets €11,915
Founded in 1989
Equity €8,902 (74.7% of total assets)
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 (no NACE code, micro). It does better than 63% of them on solvency, 79% on liquidity, 36% on profitability and 10% on growth.
The bankruptcy probability was computed on 07-11-2026 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 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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, 5,831 companies had the same profile as IVAN VAN AUBEL has now. Each dot stands for 15 companies, two years later.
84.6%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of IVAN VAN AUBEL itself is lower: 0.2% within 12 months. It rests on far more data about IVAN VAN AUBEL than the profile alone.
Test of the method
The method was tested on the 497,447 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 5,831 companies, not a prediction for IVAN VAN AUBEL. 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.
Credit verdict
No publishable credit limit, so credit 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 is ample, with a current ratio of 2.0 (2.3 in 2024), above the usual 1.5. Short-term debt is 22.1% and cash 36.6% of total assets. 25.3% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€8,070
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
on the day
2023
61 days late
2022
28 days early
2021
61 days late
2020
31 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
The company filed its last 7 accounts on average 31 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 61 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0439463349
Amendment of the articles · Legal-form change
Legal-form conversion: from coöperatieve vennootschap met beperkte aansprakelijkheid to private limited company · General meeting of 26-05-2023 · Gazette deed
Incorporation
published on 09-01-1990 · Gazette deed
First establishment
Kleine Gentstraat 69, Ghent
Official details
Source: KBO- Status
- Active since 21-12-1989Normal situation
- Activity
- “Zo voor haar eigen rekening als voor rekening van derden,in België en/of buitenland,alleen of…” (deed in Dutch)From the articles, 4 activitiesNo NACE code in the KBO yet
- Establishment unit
- 2.260.945.1859051 Ghent, since 21-12-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 30-01-2025
Annual accounts 2025
- ≈ €8,900estimated
- €11,915▼ 34.8%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on IVAN VAN AUBEL
IVAN VAN AUBEL files the micro format. That format states no turnover. The gross margin fell from €19,642 in 2006 to €1,166 in 2025.
The balance sheet grew most from 2008 to 2009 through fixed assets.
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 IVAN VAN AUBEL
- What is the company number of IVAN VAN AUBEL?
- The company number of IVAN VAN AUBEL is 0439.463.349. The VAT number is the same number with BE in front: BE 0439.463.349.
- Where is IVAN VAN AUBEL based?
- The registered office is at Kleine Gentstraat 69, 9051 Ghent.Company details
- What is the legal form of IVAN VAN AUBEL?
- IVAN VAN AUBEL is a private limited company (BV).
- When was IVAN VAN AUBEL founded?
- IVAN VAN AUBEL was founded on 21-12-1989.
- Is IVAN VAN AUBEL still active?
- Yes, IVAN VAN AUBEL is an active enterprise in the KBO register.
- What is the turnover of IVAN VAN AUBEL?
- The turnover in financial year 2025 is ≈ €8,900. This figure is estimated from the gross margin of €1,166 and 6,299 comparable companies of the same size. It probably lies between €4,100 and €21,000. It is a rough estimate.Financials
- Is IVAN VAN AUBEL profitable?
- In financial year 2025, IVAN VAN AUBEL made a loss of €8,070.
- Where can I find the annual accounts of IVAN VAN AUBEL?
- IVAN VAN AUBEL filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IVAN VAN AUBEL due?
- IVAN VAN AUBEL must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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