iVOX
ActiveSummary
iVOX has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €493k and a net result of €-164k. Equity is growing by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 29% of 1648 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability47▼-17
Solvency45▼-8
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.88 in 2024; short-term debt: 51.7% and cash: 9.8% of total assets), but 79.6% 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+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-164k
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 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
64 d early
2024
71 d early
2023
55 d early
2022
84 d early
2021
79 d early
2020
92 d early
2019
116 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€493k▼ 25.0%
2024 · €658k
2018: €504k
2019: €526k▲ +4.4% vs 2018
2020: €517k▼ -1.8% vs 2019
2021: €577k▲ +11.7% vs 2020
2022: €766k▲ +32.8% vs 2021highest in 8 years
2023: €739k▼ -3.6% vs 2022
2024: €658k▼ -11.0% vs 2023
2025: €493k▼ -25.0% vs 2024lowest in 8 years
2018 → 2025
Total assets
€2.42M▲ 3.5%
2024 · €2.33M
2018: €1.39Mlowest in 8 years
2019: €1.57M▲ +12.9% vs 2018
2020: €1.87M▲ +19.5% vs 2019
2021: €2.11M▲ +12.7% vs 2020
2022: €2.37M▲ +12.5% vs 2021
2023: €2.07M▼ -12.9% vs 2022
2024: €2.33M▲ +12.8% vs 2023
2025: €2.42M▲ +3.5% vs 2024highest in 8 years
2018 → 2025
Net result
€-164k▼ 102%
2024 · €-82k
2018: €250khighest in 8 years
2019: €22k▼ -91.1% vs 2018
2020: €-9k▼ -141% vs 2019
2021: €60k▲ +755% vs 2020
2022: €189k▲ +213% vs 2021
2023: €-27k▼ -114% vs 2022
2024: €-82k▼ -199% vs 2023
2025: €-164k▼ -102% vs 2024lowest in 8 years
2018 → 2025
Working capital
€718k▼ 14.8%
2024 · €843k
2018: €346klowest in 8 years
2019: €374k▲ +7.9% vs 2018
2020: €655k▲ +75.2% vs 2019
2021: €1.02M▲ +56.3% vs 2020
2022: €1.21M▲ +18.1% vs 2021highest in 8 years
2023: €1.05M▼ -13.1% vs 2022
2024: €843k▼ -19.7% vs 2023
2025: €718k▼ -14.8% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€577k-€766k▲ 32.8%€739k▼ 3.6%€658k▼ 11.0%€493k▼ 25.0%
2021: €577k
2022: €766k▲ +32.8% vs 2021highest in 5 years
2023: €739k▼ -3.6% vs 2022
2024: €658k▼ -11.0% vs 2023
2025: €493k▼ -25.0% vs 2024lowest in 5 years
Operating result€124k-€308k▲ 148%€11k▼ 96.4%€140k▲ 1,176%€-150k
2021: €124k
2022: €308k▲ +148% vs 2021highest in 5 years
2023: €11k▼ -96.4% vs 2022
2024: €140k▲ +1176% vs 2023
2025: €-150k▼ -208% vs 2024lowest in 5 years
Net result€60k-€189k▲ 213%€-27k€-82k▼ 199%€-164k▼ 102%
2021: €60k
2022: €189k▲ +213% vs 2021highest in 5 years
2023: €-27k▼ -114% vs 2022
2024: €-82k▼ -199% vs 2023
2025: €-164k▼ -102% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €150k after €140k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.42M
Fixed assets
€448k ▼ 15.4%
Current assets
€1.97M ▲ 9.0%
Equity and liabilities €2.42M
Equity
€493k ▼ 25.0%
Provisions
€424k ▼ 11.1%
Debt
€1.50M ▲ 24.9%
Debt's share of the balance-sheet total rises from 51.4% to 62.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€120k▼
2024 · €361k
Cash flow
€106k▼
2024 · €140k
Current ratio
1.58▼
2024 · 1.88
Quick ratio
1.55▼
2024 · 1.83
Debt to equity
3.04▲
2024 · 1.82
ROE
-33.4%▼
2024 · -12.4%
ROA
-6.8%▼
2024 · -3.5%
Interest coverage
4.39▼
2024 · 14.95
Debt ≤ 1 year
€1.25M▲
2024 · €961k
Income taxes
€-8k▼
2024 · €198k
Staff costs
€1.57M▲
2024 · €1.51M
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 · 2025 against 2024 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.33M€2.42M▲
Fixed assets21/28€530k€448k▼
Intangible fixed assets21€295k€188k▼
Tangible fixed assets22/27€225k€252k▲
Plant, machinery and equipment23€1k€4k▲
Furniture and vehicles24€23k€46k▲
Other tangible fixed assets26€200k€203k▲
Financial fixed assets28€9k€8k▼
Current assets29/58€1.80M€1.97M▲
Stocks and contracts in progress3€49k€34k▼
Stocks30/36€49k€34k▼
Amounts receivable within one year40/41€1.42M€1.66M▲
Trade receivables40€1.41M€1.56M▲
Other amounts receivable41€3k€100k▲
Cash at bank and in hand54/58€294k€237k▼
Deferred charges and accrued income490/1€45k€41k▼
Equity and liabilities
Total equity and liabilities10/49€2.33M€2.42M▲
Equity10/15€658k€493k▼
Contributions10/11€69k€69k=
Reserves13€589k€424k▼
Non-distributable reserves130/1€7k€7k=
Reserves not available under the articles1311€7k€7k=
Distributable reserves133€582k€418k▼
Provisions and deferred taxes16€477k€424k▼
Provisions for liabilities and charges160/5€477k€424k▼
Other liabilities and charges164/5€477k€424k▼
Amounts payable17/49€1.20M€1.50M▲
Amounts payable within one year42/48€961k€1.25M▲
Financial debts43-€226k
Credit institutions430/8-€226k
Trade debts44€500k€716k▲
Suppliers440/4€500k€716k▲
Taxes, remuneration and social security45€459k€307k▼
Taxes450/3€318k€156k▼
Remuneration and social security454/9€142k€151k▲
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3€238k€249k▲
Income statement
Code20242025
Non-recurring operating income76A-€553
Remuneration, social security and pensions62€1.51M€1.57M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€222k€271k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€38k€-25k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€10k€-53k▼
Other operating charges640/8€6k€38k▲
Non-recurring operating charges66A€535€104k▲
Gross operating margin9900€1.93M€1.75M▼
Operating profit (loss)9901€140k€-150k▼
Financial income75/76B€678€5k▲
Recurring financial income75€678€5k▲
Financial charges65/66B€24k€27k▲
Recurring financial charges65€24k€27k▲
Profit (loss) for the period before taxes9903€116k€-173k▼
Income taxes67/77€198k€-8k▼
Profit (loss) for the period9904€-82k€-164k▼
Profit (loss) for the period to be appropriated9905€-82k€-164k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-82k€-164k▼
Transfer from equity791/2€82k€164k▲
Social balance
Average headcount (FTE)908719.819.7▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €553 | - |
| Remuneration, social security and pensions62 | €1.34M | €1.59M | €1.69M | €1.51M | €1.57M | ▲ 3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €181k | €206k | €198k | €222k | €271k | ▲ 22.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €1k | €5k | €19k | €38k | €-25k | ▼ 164% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €119k | €26k | €-30k | €10k | €-53k | ▼ 623% |
| Other operating charges640/8 | €10k | €12k | €13k | €6k | €38k | ▲ 496% |
| Non-recurring operating charges66A | - | €6k | - | €535 | €104k | ▲ 19,383% |
| Gross operating margin9900 | €1.77M | €2.15M | €1.90M | €1.93M | €1.75M | ▼ 9.1% |
| Operating profit (loss)9901 | €124k | €308k | €11k | €140k | €-150k | ▼ 208% |
| Financial income75/76B | €108 | €53 | €400 | €678 | €5k | ▲ 630% |
| Recurring financial income75 | €108 | €53 | €400 | €678 | €5k | ▲ 630% |
| Financial charges65/66B | €24k | €22k | €24k | €24k | €27k | ▲ 13.3% |
| Recurring financial charges65 | €24k | €22k | €24k | €24k | €27k | ▲ 13.3% |
| Profit (loss) for the period before taxes9903 | €100k | €286k | €-12k | €116k | €-173k | ▼ 249% |
| Income taxes67/77 | €40k | €97k | €15k | €198k | €-8k | ▼ 104% |
| Profit (loss) for the period9904 | €60k | €189k | €-27k | €-82k | €-164k | ▼ 102% |
| Profit (loss) for the period to be appropriated9905 | €60k | €189k | €-27k | €-82k | €-164k | ▼ 102% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.11M | €2.37M | €2.07M | €2.33M | €2.42M | ▲ 3.5% |
| Fixed assets21/28 | €406k | €344k | €367k | €530k | €448k | ▼ 15.4% |
| Intangible fixed assets21 | €356k | €309k | €343k | €295k | €188k | ▼ 36.5% |
| Tangible fixed assets22/27 | €42k | €30k | €16k | €225k | €252k | ▲ 12.1% |
| Plant, machinery and equipment23 | - | - | - | €1k | €4k | ▲ 140% |
| Furniture and vehicles24 | €40k | €28k | €16k | €23k | €46k | ▲ 95.5% |
| Other tangible fixed assets26 | €2k | €1k | €535 | €200k | €203k | ▲ 1.5% |
| Financial fixed assets28 | €9k | €5k | €7k | €9k | €8k | ▼ 11.4% |
| Current assets29/58 | €1.70M | €2.03M | €1.70M | €1.80M | €1.97M | ▲ 9.0% |
| Stocks and contracts in progress3 | €8k | €22k | €9k | €49k | €34k | ▼ 30.8% |
| Stocks30/36 | €8k | €22k | €9k | €49k | €34k | ▼ 30.8% |
| Amounts receivable within one year40/41 | €1.37M | €1.81M | €1.27M | €1.42M | €1.66M | ▲ 16.9% |
| Trade receivables40 | €1.32M | €1.63M | €1.27M | €1.41M | €1.56M | ▲ 10.1% |
| Other amounts receivable41 | €48k | €183k | €1k | €3k | €100k | ▲ 3,652% |
| Cash at bank and in hand54/58 | €282k | €157k | €381k | €294k | €237k | ▼ 19.5% |
| Deferred charges and accrued income490/1 | €44k | €40k | €44k | €45k | €41k | ▼ 9.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.11M | €2.37M | €2.07M | €2.33M | €2.42M | ▲ 3.5% |
| Equity10/15 | €577k | €766k | €739k | €658k | €493k | ▼ 25.0% |
| Contributions10/11 | €69k | €69k | €69k | €69k | €69k | = |
| Reserves13 | €508k | €698k | €670k | €589k | €424k | ▼ 27.9% |
| Non-distributable reserves130/1 | €7k | €7k | €7k | €7k | €7k | = |
| Reserves not available under the articles1311 | €7k | €7k | €7k | €7k | €7k | = |
| Distributable reserves133 | €502k | €691k | €664k | €582k | €418k | ▼ 28.3% |
| Provisions and deferred taxes16 | €470k | €497k | €467k | €477k | €424k | ▼ 11.1% |
| Provisions for liabilities and charges160/5 | €470k | €497k | €467k | €477k | €424k | ▼ 11.1% |
| Other liabilities and charges164/5 | €470k | €497k | €467k | €477k | €424k | ▼ 11.1% |
| Amounts payable17/49 | €1.06M | €1.11M | €862k | €1.20M | €1.50M | ▲ 24.9% |
| Amounts payable within one year42/48 | €681k | €822k | €653k | €961k | €1.25M | ▲ 29.9% |
| Current portion of amounts payable after more than one year42 | €25k | €25k | - | - | - | - |
| Financial debts43 | - | - | - | - | €226k | - |
| Credit institutions430/8 | - | - | - | - | €226k | - |
| Trade debts44 | €373k | €488k | €326k | €500k | €716k | ▲ 43.2% |
| Suppliers440/4 | €373k | €488k | €326k | €500k | €716k | ▲ 43.2% |
| Taxes, remuneration and social security45 | €282k | €309k | €324k | €459k | €307k | ▼ 33.1% |
| Taxes450/3 | €151k | €140k | €137k | €318k | €156k | ▼ 50.8% |
| Remuneration and social security454/9 | €132k | €169k | €188k | €142k | €151k | ▲ 6.7% |
| Other amounts payable47/48 | - | - | €2k | €2k | - | - |
| Accrued charges and deferred income492/3 | €382k | €289k | €210k | €238k | €249k | ▲ 4.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €60k | €189k | €-27k | €-82k | €-164k | ▼ 102% |
| + Depreciation and write-downs630 | €181k | €206k | €198k | €222k | €271k | ▲ 22.1% |
| Operating cash flow (approximation) | €241k | €395k | €171k | €140k | €106k | ▼ 24.3% |
| Investment in fixed assets (approximation) | - | €-143k | €-221k | €-385k | €-189k | ▲ 50.9% |
| Change in cash | - | €-126k | €224k | €-87k | €-57k | ▲ 34.0% |
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
Next filing, fiscal year 2026, expected by
2026
28-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-164k
Net result drops to €-164k, the lowest in the series.
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
06-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €60k
Net result €60k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
06-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
8 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, Leuven · 1 establishment unit since 2005
Ground area
7,362 m²
Building footprint
6,807 m²
Volume, LiDAR
112,738 m³
2 parcels, Flanders · tallest building 38.4 m, ±6 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
iVOX
since 20052.145.004.748
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24062A0069/00R000 | Flanders | 4,206 m² | 1 · 4,153 m² | 38.4 m · 6 fl. |
| 24062A0050/00M000 | Flanders | 3,155 m² | 1 · 2,654 m² | 29.3 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
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
European Union, budget
2025 · 1 entry · 21,939 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 1 | 21,939 EUR |
Projects
DATA COLLECTION ACTIVITY ON PERCEPTION OF NUCLEAR RISKS
European research
1 project · 332,128 EUR EU contributionProgrammes
Horizon Europe
Projects
Common‑space Health, Equity & Social Simulation
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Of 2,712 companies in sector 73200 we hold annual accounts for 1,782. 1,283 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
Founded19-11-2004
Fiscal year end31-12
Activities, NACEBEL 2025
73200Market research and public opinion polling
62100Computer programming
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.