Financials
- Financial year
- 2025
- Total assets
- €402,295
- Loss
- -€27,136
- Solvency
- 3.9%
Total assets▼ 3.1%
Net result
20182025
IVELCO
ActiveSummary
The annual accounts of IVELCO for financial year 2025 show a net loss of 63% of the equity at the start of that year. The 2025 annual accounts show equity of €15,646 and a net result of -€27,136. Equity is growing by about 3.1% per year across the filed financial years. Its solvency ranks better than 22% of 11,063 sector peers (NACE 68, financial year 2025). The company has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Overview
Activity
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
1 site
Size
€402,295total assets 2025
- Equity
- €15,646
- Loss
- -€27,136
Turnover not published (abbreviated format)
Structure
- Parent
- KV Invest & Consulting · 99%
Accounts 59 days early0 of 4 deeds read
Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year1 change of registered office in 24 monthsLoss of €27,136, the second in a row (financial year 2025)Equity €15,646 (3.9% of total assets)lowers riskSize: total assets €402,295Show the evidence
Checked score
Score 2025
54
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 27% of its sector peers (NACE 68, micro)
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. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
29-6
equity 3.9% of total assets
Liquidity
51+1
short-term debt 3.2% · cash 0.6%
Profitability
16+16
return on assets -6.7%
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%lowest value
12-2024: 0.9%▲ +0.5 percentage points vs 11-2024
01-2025: 0.9%● unchanged vs 12-2024
02-2025: 0.9%● unchanged vs 01-2025
03-2025: 0.9%● unchanged vs 02-2025
04-2025: 1.0%▲ +0.1 percentage points vs 03-2025
05-2025: 1.0%● unchanged vs 04-2025
06-2025: 1.0%● unchanged vs 05-2025
07-2025: 1.8%▲ +0.8 percentage points vs 06-2025highest value
08-2025: 1.8%● unchanged vs 07-2025highest value
09-2025: 1.8%● unchanged vs 08-2025highest value
10-2025: 1.8%● unchanged vs 09-2025highest value
11-2025: 1.8%● unchanged vs 10-2025highest value
12-2025: 1.8%● unchanged vs 11-2025highest value
01-2026: 1.8%● unchanged vs 12-2025highest value
02-2026: 1.8%● unchanged vs 01-2026highest value
03-2026: 1.8%● unchanged vs 02-2026highest value
04-2026: 1.8%● unchanged vs 03-2026highest value
05-2026: 1.7%▼ -0.1 percentage points vs 04-2026
06-2026: 1.6%▼ -0.1 percentage points vs 05-2026
07-2026: 0.9%▼ -0.7 percentage points vs 06-2026
08-2026: 0.9%● unchanged vs 07-2026
09-2026: 0.9%● unchanged vs 08-2026
10-2026: 0.9%● unchanged vs 09-2026
Credit of up to €500 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity insufficient (current ratio 0.2, compared with 0.1 in 2024; short-term debt: 3.2% and cash: 0.6% of total assets), and 96.1% of the assets are financed with debt.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 68, micro): better than 24% on solvency, 55% on liquidity, 18% on profitability and 9% on growth.
The bankruptcy probability was computed on 08-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Seven signals.
−lowers risk+raises risk○neutral
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 -€27,136
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 11063 sector peers (2025).
NBB · sector comparisonPosition among 11063 sector peers
Solvency
better than 22%
← weakest
strongest →
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
59 days early
2024
51 days early
2023
57 days early
2022
55 days early
2021
26 days early
2020
25 days early
2019
21 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 36 days before the deadline; the sector median (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed 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 6 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Weakest financial yearnet -€64,754
Key points
- Risk: 3 loss-making years in a rowloss financial year 2025 -€27,136 View
- Caution: Among the weakest 20% on equitysector median €307,771 · 11,067 companies €15,646 View
- Controlled by KV Invest & Consulting 99% View
- Positive: Filed on time since financial year 2020accounts within the deadline every year 6 years View
By topic
Board & ownership
- Parent
- KV Invest & Consulting · 99%
Timeline
- Events
- 26
- Since
- 2004
- Next accounts
- by 31-07-2027
- 04-06-2024Annual accounts filed
- 06-06-2023Annual accounts filed
- 31-12-2022Highest result from 2018 to 2025
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Renting and operating of own or leased residential…NACE 68201
- Founded
- 19-03-2002
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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