Turnover
≈ €52,000 estimated
The micro format states no turnover.
IVARKA
Lifetime
19 annual accounts with figures on one time axis, 20 filings since 2005peak €29,987 (2019)
€13,896▼ 39.9%
lowest -€5,350 (2006)
€3,800▼ 40.2%
peak €61,588 (2024)
€61,588▲ 6.6%
€5,839▲ 5.9%
Board2 names since 2005
2 directorsVantwembeke Katleen and 1 other
Documentsfilings and deeds
18-07-202513 days before the deadline
2024micro format
Gross margin from €23,107 to €13,896Result from €6,356 to €3,800Cash from €18,443 to €24,674
Key points
from the 2024 annual accountsFilings
20 annual accounts 101 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
91.3%
Higher solvency than 94% of companies in crop and animal production. Sector median 32.1% · 3,907 companies.
Checked score
57
Fair
Financially stronger than 76% of micro companies in crop and animal production (NACE 01)
Probability in this band: 1.5% to 4.2%
A confirmed filing finding caps the score at 59.
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 5,696 companies (NACE 01, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025lowest value
02-2026: < 0.1%● unchanged vs 01-2026lowest value
03-2026: < 0.1%● unchanged vs 02-2026lowest value
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: 0.1%▲ +0.1 percentage points vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Capped at 59: a confirmed filing finding
Figures for financial year 2024 (filed on 23-07-2025)
lowers risk
Liquidity: current ratio 6.97, cash €24,674
Sector: Crop and animal production, hunting and related service activities (NACE 01)
Equity €61,588 (91.3% 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 (NACE 01, micro). It does better than 92% of them on solvency, 95% on liquidity, 64% on profitability and 53% on growth.
The bankruptcy probability was computed on 08-11-2026 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 31-12-2024.
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, 31,368 companies had the same profile as IVARKA has now. Each dot stands for 79 companies, two years later.
93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of IVARKA itself: 0.1% within 12 months.
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 31,368 companies, not a prediction for IVARKA. 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
Credit of up to €3,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 6.97 (6.2 in 2023), above the usual 1.5. Short-term debt is 8.7% and cash 36.6% of total assets. 8.7% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 101 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline09-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-07-2025, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
13 days early
2023
13 days early
2022
20 days early
2021
30 days late
2020
38 days early
2019
30 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 14 days before the deadline. In the sector (NACE 01), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (1)
Board and ownership
VK
Vantwembeke Katleen
Director, since 19-01-2005
WI
Windels Ignace
Director, since 19-01-2005
Recent changes
Amendment of the articles · Legal-form change
“tekst onder titel voorwerp” (deed in Dutch) · Board composition: Windels Ignace (statutory director) · Board composition: Vantwembeke Katleen (statutory director) · General meeting of 06-10-2022 · Gazette deed
Incorporation
published on 27-01-2005 · Gazette deed
First establishment
Krommestraat 7, Anzegem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IVARKA Anzegem | €67,426 | €13,896 | 91.3% | - |
| 'T OUD EIKENHOF Alveringem | €110,062 | €9,550 | 51.9% | - |
| CALAGRO VARKENS Lievegem | €121,667 | €14,301 | 11.4% | - |
| BERVA Essen | €126,149 | €16,489 | -1.3% | - |
| D'HOGE SCHEURE Ichtegem | €116,548 | €25,809 | 47.8% | - |
| DRISKET - GERARD, FERME DE HAGOIR Awans | €110,687 | €12,252 | 10.3% | - |
| Vieille Leuze Somme-Leuze | €125,424 | €28,410 | 49.6% | - |
These companies have the same main activity as IVARKA: pig breeding farms (NACE 01461). They are comparable in size and age: total assets between €110,000 and €126,000, founded between 1997 and 2007.
Official details
Source: KBO- Status
- Active since 19-01-2005Normal situation
- Activity
- Pig breeding farmsNACE 01461
- Establishment unit
- 2.145.182.1208570 Anzegem, since 19-01-2005
- Financial year end
- 31 December
- Peppol
- Reachable
Insights on IVARKA
IVARKA files the micro format. That format states no turnover. The gross margin rose from -€631 in 2006 to €13,896 in 2024.
The balance sheet grew most from 2017 to 2019 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 IVARKA
- What is the company number of IVARKA?
- The company number of IVARKA is 0871.295.966. The VAT number is the same number with BE in front: BE 0871.295.966.
- Where is IVARKA based?
- The registered office is at Krommestraat 7, 8570 Anzegem.Company details
- What does IVARKA do?
- According to the KBO register, the main activity is pig breeding farms (NACE 01461).
- What is the legal form of IVARKA?
- IVARKA is a private limited company (BV).
- When was IVARKA founded?
- IVARKA was founded on 19-01-2005.
- Is IVARKA still active?
- Yes, IVARKA is an active enterprise in the KBO register.
- What is the turnover of IVARKA?
- The turnover in financial year 2024 is ≈ €52,000. This figure is estimated from the gross margin of €13,896 and 33 comparable companies (NACE 01). It probably lies between €25,000 and €120,000. It is a rough estimate.Financials
- Is IVARKA profitable?
- In financial year 2024, IVARKA made a profit of €3,800.
- Where can I find the annual accounts of IVARKA?
- IVARKA filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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