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IVOW

Active
Private limited companyfounded 2016active for 9 yearsDijkstraat 71, 2460 Kasterlee, BelgiumKBO/BCE: BE 0667.755.522

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

IVOW has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,500 and a net result of €21,155. Equity has been shrinking by about 18% per year since 2021. If that trend continues, it turns negative around financial year 2028. Its solvency ranks better than 24% of 2,479 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

KBO
Status
Active since 15-12-2016 Normal situation
Activity
Performing arts by independent artists NACE 90201and 3 others
Establishment unit
2.259.259.068 2460 Kasterlee, since 15-12-2016
Financial year end
31 December
Peppol
Reachable since 10-02-2023

Board and ownership

Board
  • Van de Paer YvesDirector

Financial position

88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts 2025
Gross margin
€38,764
▲ 10.2%
Turnover
≈ €110,000
estimated
Profit
€21,155
▲ 18.9%
Equity
€11,500
▼ 84.6%
Total assets
€86,612
▼ 7.9%
Filed on 06-03-2026, 147 days before the deadlinePDF
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 1.08, cash €68,622Sector: Arts creation and performing arts activities (NACE 90)Size: total assets €86,612Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 39% of micro companies in creative and performing arts (NACE 90)
Financial strength · tick: 2024
Strong
Solvency 38-62
equity 13.3% of total assets
Liquidity 52-42
short-term debt 86.7% · cash 79.2%
Profitability 99+7
return on assets 24.4%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (3,430 companies, NACE 90, micro)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025lowest value 04-2025: < 0.1%● unchanged vs 03-2025lowest value 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.2 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026highest value 07-2026: 0.2%● unchanged vs 06-2026highest value 08-2026: 0.2%● unchanged vs 07-2026highest value 09-2026: 0.2%● unchanged vs 08-2026highest value 10-2026: 0.2%● unchanged vs 09-2026highest value
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.08 (4.24 in 2024), below the usual 1.5. Short-term debt is 86.7% and cash 79.2% of total assets. 86.7% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 90, micro). It does better than 25% of them on solvency, 41% on liquidity, 82% on profitability and 7% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.08, cash €68,622
NBB · annual accounts
lowers risk · Sector: Arts creation and performing arts activities (NACE 90)
KBO
lowers risk · Size: total assets €86,612
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 2479 sector peers (2025).
NBB · sector comparison
Position among 2479 sector peers
Solvency
better than 24%
← 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 06-03-2026, 147 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
147 days early
2024
164 days early
2023
119 days early
2022
61 days early
2021
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 98 days before the deadline. In the sector (NACE 90), the median for financial year 2024 was 4 days before the deadline, and 38% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 April (4 of the last 5 accounts filed within 57 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Equity fell in 2025from €74,875 to €11,500 ▼ 84.6% View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €21,155 5 years View

Comparable companies

These companies have the same main activity as IVOW: performing arts by independent artists (NACE 90201). They are comparable in size and age: total assets between €74,300 and €96,800, founded between 2015 and 2019.

CompanyTotal assetsGross margin
IVOW Kasterlee€86,612€38,764
EIGHTY 6 Pont-à-Celles€96,768€34,178
Woodlane Leuven€92,580€30,631
SHOMI Brasschaat€74,338€25,350
EAT MY BEAT Mechelen€82,324€36,367
Croc et la Pomme Production Liège€88,874€55,264
FVB Watermaal-Bosvoorde€78,821€27,421
Full comparison

Documents

Annual accounts at the NBB

All 5 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about IVOW

What is the company number of IVOW?
The company number of IVOW is 0667.755.522. The VAT number is the same number with BE in front: BE 0667.755.522.
Where is IVOW based?
The registered office is at Dijkstraat 71, 2460 Kasterlee.Company details
What does IVOW do?
According to the KBO register, the main activity is performing arts by independent artists (NACE 90201).
What is the legal form of IVOW?
The legal form of IVOW is Private limited company (BV).
When was IVOW founded?
IVOW was founded on 15-12-2016.
Is IVOW still active?
Yes, IVOW is an active enterprise in the KBO register.
How many employees does IVOW have?
IVOW had an average of 0.9 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of IVOW?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €38,764 and 35 comparable companies (NACE 90). It probably lies between €64,000 and €180,000.
Is IVOW profitable?
In financial year 2025, IVOW made a profit of €21,155.
Where can I find the annual accounts of IVOW?
IVOW filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of IVOW due?
IVOW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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