IVC Green Power
ActiveSummary
IVC Green Power has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.1m and a net result of €985,563. Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 95% of 349 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 07-04-2014 Normal situation
- Activity
- Production of electricity from non-renewable sources NACE 35110and 4 others
- Establishment unit
- 2.230.203.610 8580 Avelgem, since 10-04-2014
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- Robbe AmelynckDirector · since 31-10-2025
- HOVECO MANAGEMENTDirector · permanent representative Veronique Hoflack
- Auditor
- KPMG Bedrijfsrevisoren BV
- UNILIN100%· score 882025 annual accounts of UNILIN
- Mohawk Industries, Incconsolidatesannual accounts 2025
- Holdings
- Shares in 1 company AVELGEM GREEN POWER
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €1.3m
- ▲ 25.0%
- Turnover
- ≈ €2.3m
- estimated
- Profit
- €985,563
- ▲ 101%
- Equity
- €6.1m
- ▲ 19.2%
- Total assets
- €6.4m
- ▲ 11.6%
Score breakdownraises riskLiquidity: current ratio 24.91lowers riskFounded in 2014Equity €6.1m (96.3% of total assets)Figures for financial year 2025 (filed on 02-07-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 35, small). It does better than 95% of them on solvency, 99% on liquidity, 90% on profitability and 79% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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
The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Result rose in 2025from €489,730 to €985,563 ▲ 101% View
- Caution: Board changedlatest change 01-08-2026 · 2 in office 1 joined · 2 left View
- Positive: Higher solvency than 95% of companies in electricity, gas and steamsector median 32.2% · 349 companies 96.3% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Positive: 8 profitable years in a rowprofit 2025: €985,563 8 years View
Recent changes
- · Gazette deed Resignation: Ludwig Tuytte (director)Appointment: Hoveco Management BV (director) · Permanent representative: Veronique Hoflack
- · Gazette deed Resignation: RUDEMA BV (director)Permanent representative: Ruben Desmet · Appointment: Robbe Amelynck (director)
- · Gazette deed Reappointment: KPMG Bedrijfsrevisoren BV (statutory auditor)Permanent representative: Herwig Carmans
Comparable companies
These companies have the same main activity as IVC Green Power: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €4.4m and €9.9m, founded between 2011 and 2015.
| Company | Total assets | Gross margin |
|---|---|---|
| IVC Green Power Avelgem | €6.4m | €1.3m |
| OCHAIN ENERGIE Clavier | €5.7m | €1.0m |
| MAGNA WIND PARK Tournai | €9.1m | €1.4m |
| Storm Meer Antwerpen | €7.2m | €1.4m |
| EN PLEIN VENT Bütgenbach | €5.8m | €0.5m |
| AGROGAS Geel | €9.9m | €2.2m |
| THETA SOLAR ENERGY Mont-Saint-Guibert | €4.4m | €2.8m |
Key facts about IVC Green Power
- What is the company number of IVC Green Power?
- The company number of IVC Green Power is 0550.548.838. The VAT number is the same number with BE in front: BE 0550.548.838.
- Where is IVC Green Power based?
- The registered office is at Nijverheidslaan 29, 8580 Avelgem.Company details
- What does IVC Green Power do?
- According to the KBO register, the main activity is production of electricity from non-renewable sources (NACE 35110).
- What is the legal form of IVC Green Power?
- The legal form of IVC Green Power is Private limited company (BV).
- When was IVC Green Power founded?
- IVC Green Power was founded on 07-04-2014.
- Is IVC Green Power still active?
- Yes, IVC Green Power is an active enterprise in the KBO register.
- What is the turnover of IVC Green Power?
- The turnover in financial year 2025 is ≈ €2.3m. This figure is estimated from the gross margin of €1.3m and 1,586 comparable companies of the same size. It probably lies between €1.5m and €3.7m. It is a rough estimate.Financials
- Is IVC Green Power profitable?
- In financial year 2025, IVC Green Power made a profit of €985,563.
- Where can I find the annual accounts of IVC Green Power?
- IVC Green Power filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IVC Green Power due?
- IVC Green Power must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
See how customers, suppliers and banks see your own company and what to improve first.