IVO

Active

Private limited companyfounded 201313 yrs activeKorenstraat 58, 2560 Nijlen, BelgiumKBO/BCE: BE 0524.675.770

IVO has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112k and a net result of €60k. Its solvency ranks better than 29% of 16527 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2025

79 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability92▲+9

Solvency60▲+16

Growth78

Track record100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €8k at 30 days acceptable

Liquidity ample (current ratio 2.23 against 0.91 in 2024; short-term debt: 16.7% and cash: 7.1% of total assets), but 65% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

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

Sector 86

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

35%

Return on assets

18.9%

Age of the figures

9 mo

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

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-04-2026, 119 days ahead of the deadline.

NBB · 2 filings

Deviation from the deadline

2025

119 d early

2024

23 d early

← before the deadline after the deadline →

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.

Companies Code · seven months

Position in the running window

21-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, micro schema

Equity

€112k▲ 94.6%

2024 · €57k

2024: €57k

2024 → 2025

Total assets

€319k▲ 3.3%

2024 · €309k

2024: €309k

2024 → 2025

Net result

€60k▲ 67.6%

2024 · €36k

2024: €36k

2024 → 2025

Working capital

€66k

2024 · €-11k

2024: €-11k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€57k-€112k▲ 94.6%

Operating result€51k-€97k▲ 89.7%

Net result€36k-€60k▲ 67.6%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2025; 2025 is 90% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €319k

62.6%

37.4%

Fixed assets €200k▼ 0.4%

Current assets €119k▲ 10.0%

Equity and liabilities €319k

35.0%

65.0%

Equity €112k▲ 94.6%

Debt €208k▼ 17.6%

The debt ratio falls from 81.4% to 65.0%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€114k▲

2024 · €62k

Cash flow

€78k▲

2024 · €47k

Solvency

35.0%▲

2024 · 18.6%

Current ratio

2.23▲

2024 · 0.91

Quick ratio

2.23▲

2024 · 0.91

Debt / equity

1.86▼

2024 · 4.38

ROE

54.0%▼

2024 · 62.7%

ROA

18.9%▲

2024 · 11.6%

Interest coverage

13.64▲

2024 · 8.05

Debt

€208k▼

2024 · €252k

Debt ≤ 1 year

€53k▼

2024 · €120k

Debt > 1 year

€154k▲

2024 · €132k

Income taxes

€29k▲

2024 · €7k

Staff costs

€80k▼

2024 · €280k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€309k€319k▲

Fixed assets21/28€201k€200k▼

Tangible fixed assets22/27€201k€200k▼

Land and buildings22€183k€186k▲

Furniture and vehicles24€18k€14k▼

Current assets29/58€108k€119k▲

Amounts receivable after more than one year29€23k€23k=

Trade receivables290€23k€23k=

Amounts receivable within one year40/41€45k€40k▼

Trade receivables40€19k€6k▼

Other amounts receivable41€26k€34k▲

Current investments50/53€336€339▲

Cash at bank and in hand54/58€13k€23k▲

Deferred charges and accrued income490/1€27k€33k▲

Equity and liabilities

Total equity and liabilities10/49€309k€319k▲

Equity10/15€57k€112k▲

Contributions10/11€1k€1k=

Reserves13€56k€111k▲

Distributable reserves133€56k€111k▲

Profit (loss) carried forward14€0€0=

Amounts payable17/49€252k€208k▼

Amounts payable after more than one year17€132k€154k▲

Financial debts170/4€132k€154k▲

Amounts payable within one year42/48€120k€53k▼

Current portion of amounts payable after more than one year42€9k€10k▲

Trade debts44€46k€0▼

Suppliers440/4€46k€0▼

Taxes, remuneration and social security45€48k€25k▼

Taxes450/3€9k€21k▲

Remuneration and social security454/9€40k€4k▼

Other amounts payable47/48€16k€19k▲

Income statement Code20242025

Non-recurring operating income76A€0€664▲

Remuneration, social security and pensions62€280k€80k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€17k▲

Other operating charges640/8€19k€3k▼

Non-recurring operating charges66A€0€8k▲

Gross operating margin9900€360k€204k▼

Operating profit (loss)9901€51k€97k▲

Financial income75/76B€38€2k▲

Recurring financial income75€38€2k▲

Financial charges65/66B€8k€8k▲

Recurring financial charges65€8k€8k▲

Profit (loss) for the period before taxes9903€43k€90k▲

Income taxes67/77€7k€29k▲

Profit (loss) for the period9904€36k€60k▲

Profit (loss) for the period to be appropriated9905€36k€60k▲

Appropriation of the result

Profit (loss) to be appropriated9906€36k€60k▲

Profit (loss) brought forward from the previous period14P€350€0▼

Transfer to equity691/2€36k€54k▲

To other reserves6921€36k€54k▲

Profit to be distributed694/7-€6k

Directors or managers695-€6k

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

03-04

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Liquidity doublescurrent ratio 2.23

Current ratio from 0.91 to 2.23; short-term debt falls from €120k to €53k.

31-12

Financial Equity above €100kEq €112k ▲94.6%

2 profitable years in a row build equity to €112k.

08-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

5 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, Nijlen · 1 establishment unit since 2013

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Korenstraat 582560 Nijlen

Ground area

3,550 m²

Building footprint

148 m²

Volume, LiDAR

567 m³

2 parcels, Flanders · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Voetbalstraat 25, 2500 Lier

Human health activities

since 20132.217.673.089

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12026A0442/00V000	Flanders	3,191 m²	1 · 67 m²	6.2 m · 2 fl.
12392A0614/00K004	Flanders	358 m²	1 · 81 m²	6.6 m · 2 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 · 1 entry · 1,365 EUR awarded · 1,365 EUR paid

Year	Entries	awarded	paid
2023	1	1,365 EUR	1,365 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

1 entry · 1,365 EUR · 1,365 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Els De Wit

BE 0672.847.824

Londerzeel · Eq €112k

Ellezelles · Eq €112k

AU SOIN D'UNE VIE

BE 0503.892.234

Morlanwelz · Eq €111k

Mogreg Verpleging

BE 0805.235.404

Kortrijk · Eq €111k

Of 5,983 companies in sector 86940 we hold annual accounts for 1,808. 1,522 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-03-2013

Fiscal year end31-12

Activities, NACEBEL

86906Human health activities

86940Nursing and midwifery

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.