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IVIZO

Active
Private limited companyfounded 201115 yrs activeWijerstraat 5A, 3520 Zonhoven, BelgiumKBO/BCE: BE 0838.717.824
Summary

IVIZO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €294k and a net result of €29k. Equity remains stable across the filed fiscal years (±2.1% per year). Its solvency ranks better than 49% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
Axes · tick = 2023
Profitability76▼-9
Solvency82▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.3 against 4.64 in 2023; short-term debt: 24.3% and cash: 56.5% of total assets), and 43.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
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 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
8 d early
2023
169 d early
2022
13 d early
2021
19 d early
2020
22 d early
2019
1 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€294k▼ 3.1%
2023 · €304k
2018: €274k 2019: €273k▼ -0.1% vs 2018 2020: €221k▼ -19.3% vs 2019lowest in 7 years 2021: €252k▲ +14.3% vs 2020 2022: €271k▲ +7.6% vs 2021 2023: €304k▲ +12.0% vs 2022highest in 7 years 2024: €294k▼ -3.1% vs 2023
2018 → 2024
Total assets
€519k▲ 3.0%
2023 · €504k
2018: €502klowest in 7 years 2019: €544k▲ +8.3% vs 2018 2020: €523k▼ -3.7% vs 2019 2021: €565k▲ +7.9% vs 2020 2022: €588k▲ +4.2% vs 2021highest in 7 years 2023: €504k▼ -14.3% vs 2022 2024: €519k▲ +3.0% vs 2023
2018 → 2024
Net result
€29k▼ 55.8%
2023 · €65k
2018: €32k 2019: €38k▲ +17.9% vs 2018 2020: €7k▼ -81.6% vs 2019lowest in 7 years 2021: €31k▲ +346% vs 2020 2022: €38k▲ +21.7% vs 2021 2023: €65k▲ +69.7% vs 2022highest in 7 years 2024: €29k▼ -55.8% vs 2023
2018 → 2024
Working capital
€290k▼ 5.0%
2023 · €305k
2018: €222k 2019: €243k▲ +9.5% vs 2018 2020: €216k▼ -11.1% vs 2019lowest in 7 years 2021: €273k▲ +26.3% vs 2020 2022: €310k▲ +13.4% vs 2021highest in 7 years 2023: €305k▼ -1.6% vs 2022 2024: €290k▼ -5.0% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€221k-€252k▲ 14.3%€271k▲ 7.6%€304k▲ 12.0%€294k▼ 3.1% 2020: €221klowest in 5 years 2021: €252k▲ +14.3% vs 2020 2022: €271k▲ +7.6% vs 2021 2023: €304k▲ +12.0% vs 2022highest in 5 years 2024: €294k▼ -3.1% vs 2023
Operating result€16k-€74k▲ 375%€63k▼ 15.9%€97k▲ 55.2%€48k▼ 50.5% 2020: €16klowest in 5 years 2021: €74k▲ +375% vs 2020 2022: €63k▼ -15.9% vs 2021 2023: €97k▲ +55.2% vs 2022highest in 5 years 2024: €48k▼ -50.5% vs 2023
Net result€7k-€31k▲ 346%€38k▲ 21.7%€65k▲ 69.7%€29k▼ 55.8% 2020: €7klowest in 5 years 2021: €31k▲ +346% vs 2020 2022: €38k▲ +21.7% vs 2021 2023: €65k▲ +69.7% vs 2022highest in 5 years 2024: €29k▼ -55.8% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2020: €16k€16kNet result 2020: €7k€7kOperating result 2021: €74k€74kNet result 2021: €31k€31kOperating result 2022: €63k€63kNet result 2022: €38k€38kOperating result 2023: €97k€97kNet result 2023: €65k€65kOperating result 2024: €48k€48kNet result 2024: €29k€29k20202021202220232024€0€25k€50k€75k€100kOperating result 2022: €63k€63kNet result 2022: €38k€38kOperating result 2023: €97k€97kNet result 2023: €65k€65kOperating result 2024: €48k€48kNet result 2024: €29k€29k202220232024
The operating result falls in 2024; 2024 is 51% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €519k
Fixed assets €103k ▼ 10.4%
Current assets €416k ▲ 7.0%
Equity and liabilities €519k
Equity €294k ▼ 3.1%
Debt €225k ▲ 12.2%
Debt's share of the balance-sheet total rises from 39.7% to 43.3%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€86k▼
2023 · €135k
Cash flow
€67k▼
2023 · €103k
Current ratio
3.30▼
2023 · 4.64
Debt to equity
0.76▲
2023 · 0.66
ROE
9.8%▼
2023 · 21.4%
ROA
5.5%▼
2023 · 12.9%
Interest coverage
12.46▼
2023 · 17.84
Debt ≤ 1 year
€126k▲
2023 · €84k
Debt > 1 year
€99k▼
2023 · €116k
Income taxes
€14k▼
2023 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet Code20232024
Assets
Total assets20/58€504k€519k▲
Fixed assets21/28€115k€103k▼
Tangible fixed assets22/27€114k€102k▼
Land and buildings22€54k€25k▼
Plant, machinery and equipment23-€909
Furniture and vehicles24€2k€3k▲
Other tangible fixed assets26€58k€74k▲
Financial fixed assets28€1k€1k=
Current assets29/58€389k€416k▲
Amounts receivable within one year40/41€32k€114k▲
Trade receivables40€31k€112k▲
Other amounts receivable41€78€2k▲
Cash at bank and in hand54/58€350k€293k▼
Deferred charges and accrued income490/1€7k€9k▲
Equity and liabilities
Total equity and liabilities10/49€504k€519k▲
Equity10/15€304k€294k▼
Contributions10/11€13k€13k=
Reserves13€291k€282k▼
Distributable reserves133€291k€282k▼
Amounts payable17/49€200k€225k▲
Amounts payable after more than one year17€116k€99k▼
Financial debts170/4€116k€99k▼
Amounts payable within one year42/48€84k€126k▲
Current portion of amounts payable after more than one year42€18k€18k▲
Trade debts44€6k€18k▲
Suppliers440/4€6k€18k▲
Taxes, remuneration and social security45€17k€30k▲
Taxes450/3€17k€30k▲
Other amounts payable47/48€43k€60k▲
Income statement Code20232024
Non-recurring operating income76A€2k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€38k▲
Other operating charges640/8€4k€5k▲
Non-recurring operating charges66A-€810
Gross operating margin9900€139k€92k▼
Operating profit (loss)9901€97k€48k▼
Financial income75/76B€993€1k▲
Recurring financial income75€993€1k▲
Financial charges65/66B€8k€7k▼
Recurring financial charges65€8k€7k▼
Profit (loss) for the period before taxes9903€91k€42k▼
Income taxes67/77€25k€14k▼
Profit (loss) for the period9904€65k€29k▼
Profit (loss) for the period to be appropriated9905€65k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€65k€29k▼
Transfer from equity791/2€32k€38k▲
Transfer to equity691/2€65k€29k▼
To other reserves6921€65k€29k▼
Profit to be distributed694/7€32k€38k▲
Return on contributions (dividend)694€32k€38k▲

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Non-recurring operating income76A-€5k-€2k--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€41k€39k€38k€38k▲ 0.9%
Other operating charges640/8-€5k€4k€4k€5k▲ 28.8%
Non-recurring operating charges66A-€94--€810-
Gross operating margin9900€64k€121k€106k€139k€92k▼ 33.6%
Operating profit (loss)9901€16k€74k€63k€97k€48k▼ 50.5%
Financial income75/76B-€2€0€993€1k▲ 21.3%
Recurring financial income75€0€2€0€993€1k▲ 21.3%
Financial charges65/66B-€6k€8k€8k€7k▼ 8.4%
Recurring financial charges65€4k€6k€8k€8k€7k▼ 8.4%
Profit (loss) for the period before taxes9903€11k€68k€55k€91k€42k▼ 53.2%
Income taxes67/77€4k€37k€17k€25k€14k▼ 46.8%
Profit (loss) for the period9904€7k€31k€38k€65k€29k▼ 55.8%
Transfer from tax-exempt reserves789-€69k----
Profit (loss) for the period to be appropriated9905€7k€101k€38k€65k€29k▼ 55.8%
Line20202021202220232024Change
Assets
Total assets20/58€523k€565k€588k€504k€519k▲ 3.0%
Fixed assets21/28€173k€131k€96k€115k€103k▼ 10.4%
Tangible fixed assets22/27€172k€130k€95k€114k€102k▼ 10.5%
Land and buildings22-€113k€83k€54k€25k▼ 54.2%
Plant, machinery and equipment23----€909-
Furniture and vehicles24-€4k€3k€2k€3k▲ 43.1%
Other tangible fixed assets26-€13k€9k€58k€74k▲ 26.7%
Financial fixed assets28€1k€1k€1k€1k€1k=
Current assets29/58€350k€434k€492k€389k€416k▲ 7.0%
Amounts receivable within one year40/41€44k€51k€46k€32k€114k▲ 261%
Trade receivables40-€51k€37k€31k€112k▲ 256%
Other amounts receivable41--€9k€78€2k▲ 2,226%
Cash at bank and in hand54/58€298k€381k€442k€350k€293k▼ 16.2%
Deferred charges and accrued income490/1-€2k€4k€7k€9k▲ 19.7%
Equity and liabilities
Total equity and liabilities10/49€523k€565k€588k€504k€519k▲ 3.0%
Equity10/15€221k€252k€271k€304k€294k▼ 3.1%
Contributions10/11-€13k€13k€13k€13k=
Reserves13€208k€240k€259k€291k€282k▼ 3.3%
Non-distributable reserves130/1-€2k----
Reserves not available under the articles1311-€2k----
Distributable reserves133-€238k€259k€291k€282k▼ 3.3%
Amounts payable17/49€303k€312k€317k€200k€225k▲ 12.2%
Amounts payable after more than one year17€168k€151k€134k€116k€99k▼ 15.3%
Financial debts170/4-€151k€134k€116k€99k▼ 15.3%
Amounts payable within one year42/48€134k€161k€182k€84k€126k▲ 50.5%
Current portion of amounts payable after more than one year42-€17k€17k€18k€18k▲ 1.7%
Trade debts44€6k€6k€9k€6k€18k▲ 190%
Suppliers440/4-€6k€9k€6k€18k▲ 190%
Taxes, remuneration and social security45-€39k€31k€17k€30k▲ 79.4%
Taxes450/3-€39k€31k€17k€30k▲ 79.4%
Other amounts payable47/48-€99k€126k€43k€60k▲ 38.6%
Accrued charges and deferred income492/3-€813€934---
Line20202021202220232024Change
Profit (loss) for the period9904€7k€31k€38k€65k€29k▼ 55.8%
+ Depreciation and write-downs630€45k€41k€39k€38k€38k▲ 0.9%
Operating cash flow (approximation)€52k€73k€77k€103k€67k▼ 34.9%
Investment in fixed assets (approximation)-€908€-4k€-57k€-26k▲ 53.8%
Change in cash-€82k€62k€-92k€-57k▲ 38.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
23-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
13-02
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €65k ▲69.7%
Operating result €97k, net result €65k, both a record.
18-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
12-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €7k ▼81.6%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
30-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
02-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
10-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
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, Zonhoven · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
2,113 m²
Building footprint
209 m²
Volume, LiDAR
1,047 m³
Parcel 71443F0436/00V000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
IVIZO
Wijerstraat 5A, 3520 ZonhovenConstruction of residential and non-residential buildings
since 20112.202.577.911
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71443F0436/00V000 Flanders 2,113 m² 1 · 209 m² 6.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 38,249 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
Founded23-08-2011
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
43222Installation of electric heating, air conditioning, cooling and ventilation
68203Renting and operating of own or leased non-residential real estate, excluding land
Contact
Website www.ivizo.be
E-mail info@ivizo.be
Phone 0498541224

Scores and ratios are computed by Checked and are not a credit decision.