Result
-€8,395 -€8,395
From profit to loss in 2025, after a profit of €49,875 in 2024.
IVOCO
Lifetime
4 annual accounts with figures on one time axispeak €92,207 (2024)
€5,956▼ 93.5%
lowest -€8,395 (2025)
-€8,395▼ €58,270
peak €79,550 (2024)
€71,156▼ 10.6%
€77,077▲ 168%
Board1 name since 2022
1 director
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Gross margin from €92,207 to €5,956Loss of €8,395Debts from €28,763 to €77,077Cash from €44,125 to €89,396
Key points
from the 2025 annual accountsTurnover
≈ €62,000 estimated
The micro format states no turnover.
Position in the sector
-€8,395
Lower net result than 86% of companies in specialised construction. Sector median €9,998 · 37,193 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,150 companies had the same profile as IVOCO has now. Each dot stands for 6 companies, two years later.
91.5%
were still trading
6.1%
stopped another way
2.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,150 companies, not a prediction for IVOCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0787647720
Incorporation
Founding capital of €5,000, 42,000 shares · Founder: · Appointment: (director) · published on 28-06-2022 · Gazette deed
First establishment
Burgemeester Portmanslaan 45, Dendermonde
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IVOCO Dendermonde | €148,233 | €5,956 | 48.0% | - |
| JONCKERS CONSTRUCT Bocholt | €175,112 | €6,498 | 27.9% | - |
| Pieters - Goossens Dendermonde | €97,681 | €7,516 | 79.2% | - |
| DEVRIENDT BJöRN Torhout | €124,269 | €4,842 | 33.6% | - |
| LOUIS GODIN Juprelle | €175,573 | €8,010 | 11.8% | - |
| TK Projects Arendonk | €101,917 | €5,812 | 91.9% | - |
| GELDOF INTERIORS Wielsbeke | €144,414 | €6,150 | -13.3% | - |
These companies have the same main activity as IVOCO: joinery installation (NACE 43320). They are comparable in size and age: total assets between €97,700 and €176,000, founded between 2020 and 2023.
Official details
Source: KBO- Status
- Active since 24-06-2022Normal situation
- Activity
- Joinery installationNACE 43320
- Establishment unit
- 2.332.972.8339200 Dendermonde, since 24-06-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 24-03-2026
Annual accounts 2025
- €148,233▲ 36.9%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on IVOCO
IVOCO files the micro format. That format states no turnover. The gross margin fell from €27,361 in 2022 to €5,956 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IVOCO
- What is the company number of IVOCO?
- The company number of IVOCO is 0787.647.720. The VAT number is the same number with BE in front: BE 0787.647.720.
- Where is IVOCO based?
- The registered office is at Burgemeester Portmanslaan 45, 9200 Dendermonde.Company details
- What does IVOCO do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of IVOCO?
- IVOCO is a private limited company (BV).
- When was IVOCO founded?
- IVOCO was founded on 24-06-2022.
- Is IVOCO still active?
- Yes, IVOCO is an active enterprise in the KBO register.
- How many employees does IVOCO have?
- IVOCO had an average of 0.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- What is the turnover of IVOCO?
- The turnover in financial year 2025 is ≈ €62,000. This figure is estimated from the gross margin of €5,956 and 56 comparable companies (NACE 43320). It probably lies between €37,000 and €120,000. It is a rough estimate.
- Is IVOCO profitable?
- In financial year 2025, IVOCO made a loss of €8,395.
- Where can I find the annual accounts of IVOCO?
- IVOCO filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IVOCO due?
- IVOCO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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