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IVDC

Active Private limited company (pre-2019)founded 2014active for 12 yearsKBO/BCE: BE 0556.654.888

Lifetime

10 annual accounts with figures on one time axis
peak €71,517 (2019)
€3,292▲ €3,690
lowest -€21,522 (2017)
-€594▲ €2,843
peak €4,508 (2015)
-€6,616▼ €594
€14,814▼ 68.2%
Board9 names since 2014
1 director
Documentsfilings and deeds
10-10-202571 days late
2024micro format
Gross margin from -€398 to €3,292Loss of €594Debts from €46,590 to €14,814Investments €7,038Cash from €30 to €843

Key points

from the 2024 annual accounts

Equity

-€6,616
201920202021202220232024

Debts exceed assets in financial year 2024.

Losses

-€8,903 in four years
-1,8082021-3,0652022-3,4362023-5942024

Every financial year from 2021 to 2024 closed with a loss. 2023 was the heaviest.

Debts

€14,814 181% of the balance sheet
Financial debts 0%Suppliers 4%Taxes and wages 15%Other 81%

Investments

€7,038 4.0 × depreciation

Green is investment, beige is depreciation.

Liquidity

0.14 was 0.85 in 2023

Short-term debts fell from €46,590 to €14,814.

Filings

10 annual accounts 105 days past the deadline
AprilJune31 JulyOctober20152020

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 2,333 companies had the same profile as IVDC has now. Each dot stands for 6 companies, two years later.

90.5%
were still trading
5.9%
stopped another way
2.8%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a small loss

Another 0.8% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2.9% 3.1%
10 5.6% 6.1%

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 2,333 companies, not a prediction for IVDC. 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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Address struck effective 19-06-2026 · KBO administration
Resignation: (director) Reappointment: (director) · General meeting of 31-12-2025 · Gazette deed
Registered office moved from Nivelles to Brussels New registered office: avenue de la Chasse 135 à 1040 Bruxelles · Previous registered office: chaussée de Namur 53 1400 Nivelles · Resignation: (manager) · General meeting of 09-12-2019 · Gazette deed
3 managers resigning , and · General meeting of 31-12-2018 · Gazette deed
All 26 events

Comparable companies

same main activity, similar in size and age
Company
IVDC €8,198 €3,292 -80.7% -
Chan-Gam Asse €9,585 €4,666 -411.0% -
GREEN DIMENSION Uccle €11,542 €1,950 -557.3% -
WLM & Co Uccle €13,554 €2,597 26.9% -
Sherazade Etterbeek €13,195 €3,533 22.8% -
D.J. Santé et Développement Uccle €11,948 €6,392 55.3% -
THE LUCKY ONE Ath €8,993 €4,135 -293.5% -

These companies have the same main activity as IVDC: day spas, saunas and steam baths (NACE 96230). They are comparable in size and age: total assets between €8,990 and €13,600, founded between 2010 and 2018.

Official details

Source: KBO
Status
Active since 16-07-2014Normal situation
Legal form
Private limited company (pre-2019)
Activity
Day spas, saunas and steam bathsNACE 96230
Establishment unit
2.234.268.6031852 Grimbergen, since 15-08-2014
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2024

≈ €20,000estimated
€8,198▼ 79.8%
Filing
Filed on 10-10-2025
Financials

Insights on IVDC

IVDC files the micro format. That format states no turnover. The gross margin rose from -€13,813 in 2015 to €3,292 in 2024.

The balance sheet grew most in 2016 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 IVDC

What is the company number of IVDC?
The company number of IVDC is 0556.654.888. The VAT number is the same number with BE in front: BE 0556.654.888.
What does IVDC do?
According to the KBO register, the main activity is day spas, saunas and steam baths (NACE 96230).
What is the legal form of IVDC?
IVDC is a private limited company (pre-2019) (BVBA).
When was IVDC founded?
IVDC was founded on 16-07-2014.
Is IVDC still active?
Yes, IVDC is an active enterprise in the KBO register.Company details
What is the turnover of IVDC?
The turnover in financial year 2024 is ≈ €20,000. This figure is estimated from the gross margin of €3,292 and 134 comparable companies (NACE 962). It probably lies between €11,000 and €35,000. It is a rough estimate. In financial year 2019 turnover was €235,491.Financials
Is IVDC profitable?
In financial year 2024, IVDC made a loss of €594.
Where can I find the annual accounts of IVDC?
IVDC filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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