IVOCO
ActiveSummary
The computed 12-month bankruptcy probability of IVOCO is 2.5% (moderate). The 2024 annual accounts show equity of €79,550 and a net result of €49,875. Equity is growing by ~94.5% per year across the filed fiscal years. Its solvency ranks better than 79% of 36386 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 3 accounts on average 31 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Peer companies
Historical observationOf the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 39,276 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.
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €793 | €1,956 | €8,376 | ▲ 328% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,509 | €11,331 | €13,067 | ▲ 15.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €882 | - |
| Other operating charges640/8 | €775 | €620 | €2,467 | ▲ 298% |
| Gross operating margin9900 | €27,361 | €23,419 | €92,207 | ▲ 294% |
| Operating profit (loss)9901 | €23,284 | €9,512 | €67,415 | ▲ 609% |
| Financial income75/76B | €8 | €91 | €115 | ▲ 26.3% |
| Recurring financial income75 | €8 | €91 | €115 | ▲ 26.3% |
| Financial charges65/66B | €15 | €729 | €366 | ▼ 49.8% |
| Recurring financial charges65 | €15 | €729 | €366 | ▼ 49.8% |
| Profit (loss) for the period before taxes9903 | €23,277 | €8,875 | €67,164 | ▲ 657% |
| Income taxes67/77 | €4,804 | €2,672 | €17,289 | ▲ 547% |
| Profit (loss) for the period9904 | €18,472 | €6,202 | €49,875 | ▲ 704% |
| Profit (loss) for the period to be appropriated9905 | €18,472 | €6,202 | €49,875 | ▲ 704% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €70,986 | €73,429 | €108,313 | ▲ 47.5% |
| Fixed assets21/28 | €46,082 | €37,659 | €39,390 | ▲ 4.6% |
| Tangible fixed assets22/27 | €46,082 | €37,659 | €39,390 | ▲ 4.6% |
| Plant, machinery and equipment23 | €8,363 | €6,161 | €4,304 | ▼ 30.1% |
| Furniture and vehicles24 | €3,092 | €3,694 | €14,104 | ▲ 282% |
| Leasing and similar rights25 | €32,481 | €25,898 | €19,315 | ▼ 25.4% |
| Other tangible fixed assets26 | €2,145 | €1,906 | €1,667 | ▼ 12.6% |
| Current assets29/58 | €24,905 | €35,770 | €68,923 | ▲ 92.7% |
| Stocks and contracts in progress3 | €1,255 | €6,253 | €6,840 | ▲ 9.4% |
| Stocks30/36 | €1,255 | €6,253 | €4,423 | ▼ 29.3% |
| Contracts in progress37 | - | - | €2,418 | - |
| Amounts receivable within one year40/41 | €10,952 | €12,137 | €15,563 | ▲ 28.2% |
| Trade receivables40 | €8,679 | €7,617 | €12,508 | ▲ 64.2% |
| Other amounts receivable41 | €2,273 | €4,520 | €3,055 | ▼ 32.4% |
| Cash at bank and in hand54/58 | €2,691 | €13,797 | €44,125 | ▲ 220% |
| Deferred charges and accrued income490/1 | €10,007 | €3,584 | €2,395 | ▼ 33.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €70,986 | €73,429 | €108,313 | ▲ 47.5% |
| Equity10/15 | €23,472 | €29,675 | €79,550 | ▲ 168% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | = |
| Reserves13 | €18,472 | €24,675 | €24,675 | = |
| Distributable reserves133 | €18,472 | €24,675 | €24,675 | = |
| Profit (loss) carried forward14 | - | - | €49,875 | - |
| Amounts payable17/49 | €47,514 | €43,755 | €28,763 | ▼ 34.3% |
| Amounts payable after more than one year17 | €24,012 | €17,998 | €11,905 | ▼ 33.9% |
| Financial debts170/4 | €24,012 | €17,998 | €11,905 | ▼ 33.9% |
| Amounts payable within one year42/48 | €20,714 | €19,944 | €16,859 | ▼ 15.5% |
| Current portion of amounts payable after more than one year42 | €8,902 | €6,014 | €6,598 | ▲ 9.7% |
| Financial debts43 | - | €1,689 | - | - |
| Other loans439 | - | €1,689 | - | - |
| Trade debts44 | €3,354 | €5,822 | €401 | ▼ 93.1% |
| Suppliers440/4 | €3,354 | €5,822 | €401 | ▼ 93.1% |
| Taxes, remuneration and social security45 | €2,304 | - | €2,289 | - |
| Taxes450/3 | €2,304 | - | €2,289 | - |
| Other amounts payable47/48 | €6,154 | €6,419 | €7,572 | ▲ 18.0% |
| Accrued charges and deferred income492/3 | €2,788 | €5,813 | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,472 | €6,202 | €49,875 | ▲ 704% |
| + Depreciation and write-downs630 | €2,509 | €11,331 | €13,067 | ▲ 15.3% |
| Operating cash flow (approximation) | €20,981 | €17,533 | €62,943 | ▲ 259% |
| Investment in fixed assets (approximation) | - | -€2,908 | -€14,799 | ▼ 409% |
| Change in cash | - | €11,106 | €30,328 | ▲ 173% |
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
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42006E0289/02G002 | Flanders | 450 m² | 1 · 295 m² | 11.1 m · 1 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.