IVHERR
ActiveSummary
IVHERR has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2,000 and a net result of €348,079. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 16810 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency25▼-65
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
0.4%
Return on assets
69.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 16810 sector peers (2025).
NBB · sector comparisonPosition among 16810 sector peers
Solvency
better than 5%
← 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 30-06-2026, 31 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
31 d early
2024
on the day
2023
1 d early
2022
3 d early
2021
2 d early
2020
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 29 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€2,000▼ 99.3%
2024 · €267,773
Total assets
€498,363▲ 21.9%
2024 · €408,874
Net result
€348,079▲ 31.2%
2024 · €265,281
Working capital
-€19,991
2024 · €256,324
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€92,167▲ 7.6%€165,795▲ 79.9%€228,904▲ 38.1%€355,660▲ 55.4%€467,190▲ 31.4%
Net result€72,838within the sector's middle half▲ 6.6%€127,923above the sector's middle half▲ 75.6%€171,201above the sector's middle half▲ 33.8%€265,281above the sector's middle half▲ 55.0%€348,079above the sector's middle half▲ 31.2%
Equity€142,368within the sector's middle half▲ 102%€270,291within the sector's middle half▲ 89.9%€173,493within the sector's middle half▼ 35.8%€267,773within the sector's middle half▲ 54.3%€2,000below the sector's middle half▼ 99.3%
Total assets€192,914within the sector's middle half▲ 89.9%€334,297within the sector's middle half▲ 73.3%€362,895within the sector's middle half▲ 8.6%€408,874within the sector's middle half▲ 12.7%€498,363within the sector's middle half▲ 21.9%
Debt€50,545▲ 61.8%€64,005▲ 26.6%€189,402▲ 196%€141,101▼ 25.5%€496,363▲ 252%
Working capital€100,282within the sector's middle half▲ 434%€240,376within the sector's middle half▲ 140%€168,099within the sector's middle half▼ 30.1%€256,324within the sector's middle half▲ 52.5%-€19,991below the sector's middle half
Solvency73.8%within the sector's middle half▲ 4.6pp80.9%within the sector's middle half▲ 7.1pp47.8%within the sector's middle half▼ 33.0pp65.5%within the sector's middle half▲ 17.7pp0.4%below the sector's middle half▼ 65.1pp
Current ratio2.98within the sector's middle half▲ 1.384.76within the sector's middle half▲ 1.774.26within the sector's middle half▼ 0.5024.94above the sector's middle half▲ 20.680.95below the sector's middle half▼ 23.99
Return on assets (ROA)37.8%above the sector's middle half▼ 29.5pp38.3%above the sector's middle half▲ 0.5pp47.2%above the sector's middle half▲ 8.9pp64.9%above the sector's middle half▲ 17.7pp69.8%above the sector's middle half▲ 5.0pp
above
within
below
the middle half (P25 to P75) of NACE 86, Human health activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 31% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €498,363
Fixed assets
€144,623 ▲ 2.0%
Current assets
€353,740 ▲ 32.5%
Equity and liabilities €498,363
Equity
€2,000 ▼ 99.3%
Debt
€496,363 ▲ 252%
Debt's share of the balance-sheet total rises from 34.5% to 99.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€475,030▲
2024 · €363,433
Cash flow
€355,919▲
2024 · €273,054
Interest coverage
62.84▲
2024 · 42.45
Debt ≤ 1 year
€373,731▲
2024 · €10,707
Debt > 1 year
€122,632▼
2024 · €130,394
Income taxes
€112,607▲
2024 · €83,965
A ratio outside any meaningful range has been withheld (balance sheet total €498,363, equity €2,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 875 companies that looked in July 2024 the way this one looks now, 1.4% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
1.4%
went bankrupt
1.9%
stopped otherwise
97%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 875 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,792 | €12,370 | €13,968 | €7,773 | €7,840 | ▲ 0.9% |
| Other operating charges640/8 | €600 | €341 | €2,209 | €420 | €1,103 | ▲ 162% |
| Gross operating margin9900 | €104,559 | €178,506 | €245,081 | €363,854 | €476,133 | ▲ 30.9% |
| Operating profit (loss)9901 | €92,167 | €165,795 | €228,904 | €355,660 | €467,190 | ▲ 31.4% |
| Financial income75/76B | - | €5 | €82 | €2,146 | €1,055 | ▼ 50.8% |
| Recurring financial income75 | - | €5 | €82 | €2,146 | €1,055 | ▼ 50.8% |
| Financial charges65/66B | €585 | €430 | €5,133 | €8,561 | €7,559 | ▼ 11.7% |
| Recurring financial charges65 | €585 | €430 | €5,133 | €8,561 | €7,559 | ▼ 11.7% |
| Profit (loss) for the period before taxes9903 | €91,582 | €165,369 | €223,852 | €349,245 | €460,686 | ▲ 31.9% |
| Income taxes67/77 | €18,744 | €37,446 | €52,651 | €83,965 | €112,607 | ▲ 34.1% |
| Profit (loss) for the period9904 | €72,838 | €127,923 | €171,201 | €265,281 | €348,079 | ▲ 31.2% |
| Profit (loss) for the period to be appropriated9905 | €72,838 | €127,923 | €171,201 | €265,281 | €348,079 | ▲ 31.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €192,914 | €334,297 | €362,895 | €408,874 | €498,363 | ▲ 21.9% |
| Fixed assets21/28 | €42,086 | €29,916 | €143,239 | €141,843 | €144,623 | ▲ 2.0% |
| Tangible fixed assets22/27 | €42,086 | €29,716 | €143,039 | €141,643 | €144,423 | ▲ 2.0% |
| Land and buildings22 | - | - | €122,365 | €140,063 | €144,423 | ▲ 3.1% |
| Plant, machinery and equipment23 | €765 | €366 | €3,296 | €1,580 | €0 | ▼ 100% |
| Furniture and vehicles24 | €41,321 | €29,350 | €17,378 | - | - | - |
| Financial fixed assets28 | - | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €150,828 | €304,381 | €219,655 | €267,031 | €353,740 | ▲ 32.5% |
| Amounts receivable within one year40/41 | €33,277 | €75,635 | €215,924 | €200,558 | €250,491 | ▲ 24.9% |
| Trade receivables40 | €33,277 | €75,635 | €170,780 | €185,028 | €240,280 | ▲ 29.9% |
| Other amounts receivable41 | - | - | €45,144 | €15,531 | €10,211 | ▼ 34.3% |
| Cash at bank and in hand54/58 | €117,551 | €228,746 | €3,731 | €66,473 | €103,249 | ▲ 55.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €192,914 | €334,297 | €362,895 | €408,874 | €498,363 | ▲ 21.9% |
| Equity10/15 | €142,368 | €270,291 | €173,493 | €267,773 | €2,000 | ▼ 99.3% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €140,368 | €268,291 | €171,493 | €265,773 | €0 | ▼ 100% |
| Distributable reserves133 | €140,368 | €268,291 | €171,493 | €265,773 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | - | - | - | €0 | - |
| Amounts payable17/49 | €50,545 | €64,005 | €189,402 | €141,101 | €496,363 | ▲ 252% |
| Amounts payable after more than one year17 | - | - | €137,846 | €130,394 | €122,632 | ▼ 6.0% |
| Financial debts170/4 | - | - | €137,846 | €130,394 | €122,632 | ▼ 6.0% |
| Amounts payable within one year42/48 | €50,545 | €64,005 | €51,556 | €10,707 | €373,731 | ▲ 3,391% |
| Current portion of amounts payable after more than one year42 | - | - | €7,154 | €7,452 | €7,762 | ▲ 4.2% |
| Financial debts43 | - | - | - | - | €3,978 | - |
| Credit institutions430/8 | - | - | - | - | €3,978 | - |
| Trade debts44 | €1,260 | €1,523 | €4,747 | €2,879 | €688 | ▼ 76.1% |
| Suppliers440/4 | €1,260 | €1,523 | €4,747 | €2,879 | €688 | ▼ 76.1% |
| Taxes, remuneration and social security45 | €36,251 | €56,299 | €38,109 | - | €12,450 | - |
| Taxes450/3 | €36,251 | €56,299 | €38,109 | - | €12,450 | - |
| Other amounts payable47/48 | €13,035 | €6,183 | €1,546 | €376 | €348,853 | ▲ 92,766% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €72,838 | €127,923 | €171,201 | €265,281 | €348,079 | ▲ 31.2% |
| + Depreciation and write-downs630 | €11,792 | €12,370 | €13,968 | €7,773 | €7,840 | ▲ 0.9% |
| Operating cash flow (approximation) | €84,630 | €140,293 | €185,169 | €273,054 | €355,919 | ▲ 30.3% |
| Investment in fixed assets (approximation) | - | -€200 | -€127,292 | -€6,377 | -€10,620 | ▼ 66.5% |
| Change in cash | - | €111,195 | -€225,014 | €62,741 | €36,777 | ▼ 41.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €348,079 ▲31.2%
Operating result €467,190, net result €348,079, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 6current ratio 24.94
Current ratio from 4.26 to 24.94; short-term debt falls from €51,556 to €10,707.
31-12
Financial
Equity above €200,000Eq €267,773 ▲54.3%
5 profitable years in a row build equity to €267,773.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200,000Eq €270,291 ▲89.9%
3 profitable years in a row build equity to €270,291.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100,000Eq €142,368 ▲102%
2 profitable years in a row build equity to €142,368.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Zutendaal · 1 establishment unit since 2020
Ground area
3,242 m²
Building footprint
373 m²
Volume, LiDAR
1,435 m³
2 parcels, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
IVHERR
since 20202.303.436.828
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71067B1129/00L000 | Flanders | 2,278 m² | 1 · 127 m² | - |
| 42011A0571/00K002 | Flanders | 965 m² | 1 · 246 m² | 10.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,625 companies in sector 86220 we hold annual accounts for 7,987. 857 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-05-2020
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
86995Nutrition and dietetics services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0746923655
Also
9925:BE0746923655
Registered
16-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.