IVATRA
ActiveThe computed 12-month bankruptcy probability of IVATRA is 1.9% (moderate). The 2024 annual accounts show equity of €22k and a net result of €7k. Equity is shrinking by ~19.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 47% of 726 sector peers (fiscal year 2024). The company has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▲+32
Solvency55▼-4
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.9 against 0.44 in 2023; short-term debt: 70.1% and cash: 19.7% of total assets), and 70.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Sector 53
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
29.9%
Return on assets
10.3%
Age of the figures
21 mo
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 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
5 d early
2022
73 d late
2021
25 d late
2020
19 d early
2019
12 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€22k▲ 52.5%
2023 · €14k
2018: €91k
2019: €76k
2020: €67k
2021: €60k
2022: €41k
2023: €14k
2018 → 2024
Total assets
€72k▲ 73.5%
2023 · €42k
2018: €204k
2019: €218k
2020: €176k
2021: €130k
2022: €90k
2023: €42k
2018 → 2024
Net result
€7k
2023 · €-27k
2018: €1k
2019: €-16k
2020: €-8k
2021: €-7k
2022: €-19k
2023: €-27k
2018 → 2024
Working capital
€-5k▲ 67.4%
2023 · €-15k
2018: €22k
2019: €23k
2020: €20k
2021: €8k
2022: €3k
2023: €-15k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€67k-€60k▼ 10.4%€41k▼ 31.4%€14k▼ 65.5%€22k▲ 52.5%
Operating result€-7k-€-5k▲ 21.3%€-17k▼ 223%€-26k▼ 54.7%€8k
Net result€-8k-€-7k▲ 17.1%€-19k▼ 169%€-27k▼ 43.0%€7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €8k after a loss of €26k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €72k
Fixed assets
€27k▼ 10.3%
Current assets
€46k▲ 281%
Equity and liabilities €72k
Equity
€22k▲ 52.5%
Debt
€51k▲ 84.3%
The debt ratio rises from 66.0% to 70.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€31k▲
2023 · €6k
Cash flow
€31k▲
2023 · €5k
Solvency
29.9%▼
2023 · 34.0%
Current ratio
0.90▲
2023 · 0.44
Quick ratio
0.90▲
2023 · 0.44
Debt / equity
2.34▲
2023 · 1.94
ROE
34.4%▲
2023 · -189.8%
ROA
10.3%▲
2023 · -64.6%
Interest coverage
63.40▲
2023 · 8.24
Debt
€51k▲
2023 · €28k
Debt ≤ 1 year
€51k▲
2023 · €27k
Debt > 1 year
€0▼
2023 · €193
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€42k€72k▲
Fixed assets21/28€30k€27k▼
Tangible fixed assets22/27€30k€27k▼
Plant, machinery and equipment23€13k€9k▼
Furniture and vehicles24€17k€17k▲
Financial fixed assets28€160€160=
Current assets29/58€12k€46k▲
Amounts receivable within one year40/41€8k€31k▲
Trade receivables40€6k€31k▲
Other amounts receivable41€2k€608▼
Cash at bank and in hand54/58€2k€14k▲
Deferred charges and accrued income490/1€2k€0▼
Equity and liabilities
Total equity and liabilities10/49€42k€72k▲
Equity10/15€14k€22k▲
Contributions10/11€6k€6k=
Reserves13€85k€85k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€69k€69k=
Distributable reserves133€14k€14k=
Profit (loss) carried forward14€-77k€-69k▲
Amounts payable17/49€28k€51k▲
Amounts payable after more than one year17€193€0▼
Financial debts170/4€193€0▼
Amounts payable within one year42/48€27k€51k▲
Current portion of amounts payable after more than one year42€8k€0▼
Trade debts44€6k€42k▲
Suppliers440/4€6k€42k▲
Taxes, remuneration and social security45€1k€0▼
Taxes450/3€0-
Remuneration and social security454/9€1k€0▼
Other amounts payable47/48€12k€9k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€32k€23k▼
Other operating charges640/8€20k€23k▲
Operating charges capitalised as restructuring costs649€0€0=
Gross operating margin9900€25k€54k▲
Operating profit (loss)9901€-26k€8k▲
Financial income75/76B€14€7▼
Recurring financial income75€14€7▼
Financial charges65/66B€705€489▼
Recurring financial charges65€705€489▼
Non-recurring financial charges66B-€489
Profit (loss) for the period before taxes9903€-27k€7k▲
Profit (loss) for the period9904€-27k€7k▲
Profit (loss) for the period to be appropriated9905€-27k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-77k€-69k▲
Profit (loss) brought forward from the previous period14P€-50k€-77k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €7k
Net result €7k after 5 loss-making years.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-27k
Net result drops to €-27k, the lowest in the series; recovery starts the following year.
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 73 days late
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
Registered office, Lierneux · 1 establishment unit since 2004
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.
Pont de Florêt 34990 LierneuxGround area
2,277 m²
Building footprint
146 m²
Volume, LiDAR
675 m³
Parcel 63011C1493/00H000, Wallonia · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IVATRA BVBA
since 20042.145.552.304
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63011C1493/00H000 | Wallonia | 2,277 m² | 1 · 145 m² | 6.8 m · 2 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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DIROSCO SERVICE
BE 0765.320.397
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BE 0775.490.254
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BUL-INVEST
BE 1015.562.185
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Of 4,918 companies in sector 53200 we hold annual accounts for 1,329. 1,070 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-03-1999
Fiscal year end31-12
Activities, NACEBEL
53200Other postal and courier activities
64120
47811Retail sale of cars and light vans (up to 3.5 tonnes)
49410Freight transport by road
50103
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:080/21 58 62