IVRenergy
ActiveSummary
The computed 12-month bankruptcy probability of IVRenergy is 1.8% (moderate). The 2025 annual accounts show equity of €272k and a net result of €67k. Equity is growing by ~46.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 1309 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▼-2
Solvency100=
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €23k at 30 days acceptable
Liquidity ample (current ratio 24.22 against 3.94 in 2024; short-term debt: 4.1% and cash: 90.4% of total assets), and 4.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.9%
Return on assets
23.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filingsDeviation from the deadline
2025
28 d late
2024
16 d early
2023
29 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€272k▲ 32.9%
2024 · €204k
2023: €82k
2024: €204k
2023 → 2025
Total assets
€283k▲ 3.4%
2024 · €274k
2023: €131k
2024: €274k
2023 → 2025
Net result
€67k▼ 45.0%
2024 · €122k
2023: €79k
2024: €122k
2023 → 2025
Working capital
€270k▲ 32.2%
2024 · €204k
2023: €82k
2024: €204k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€82k-€204k▲ 149%€272k▲ 32.9%
Operating result€110k-€173k▲ 58.1%€85k▼ 50.8%
Net result€79k-€122k▲ 54.5%€67k▼ 45.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 51% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €283k
Fixed assets
€1k
Current assets
€282k
Equity and liabilities €283k
Equity
€272k ▲ 32.9%
Debt
€12k ▼ 83.3%
Debt's share of the balance-sheet total falls from 25.4% to 4.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€85k
Cash flow
€67k
Current ratio
24.22▲
2024 · 3.94
Debt to equity
0.04▼
2024 · 0.34
ROE
24.7%▼
2024 · 59.8%
ROA
23.7%▼
2024 · 44.6%
Interest coverage
1556.15
Debt ≤ 1 year
€12k▼
2024 · €70k
Income taxes
€18k▼
2024 · €51k
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 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€274k€283k▲
Fixed assets21/28-€1k
Tangible fixed assets22/27-€1k
Plant, machinery and equipment23-€1k
Current assets29/58€274k€282k▲
Amounts receivable within one year40/41€14k€17k▲
Trade receivables40€14k€9k▼
Other amounts receivable41€10€8k▲
Cash at bank and in hand54/58€260k€256k▼
Deferred charges and accrued income490/1-€9k
Equity and liabilities
Total equity and liabilities10/49€274k€283k▲
Equity10/15€204k€272k▲
Contributions10/11€3k€3k=
Reserves13€201k€201k=
Distributable reserves133€201k€201k=
Profit (loss) carried forward14-€67k
Amounts payable17/49€70k€12k▼
Amounts payable within one year42/48€70k€12k▼
Trade debts44-€368
Suppliers440/4-€368
Taxes, remuneration and social security45€64k€2k▼
Taxes450/3€60k-
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€6k€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€194
Other operating charges640/8€118€575▲
Gross operating margin9900€173k€86k▼
Operating profit (loss)9901€173k€85k▼
Financial income75/76B€17€0▼
Recurring financial income75€17€0▼
Financial charges65/66B€59€55▼
Recurring financial charges65€59€55▼
Profit (loss) for the period before taxes9903€173k€85k▼
Income taxes67/77€51k€18k▼
Profit (loss) for the period9904€122k€67k▼
Profit (loss) for the period to be appropriated9905€122k€67k▼
Appropriation of the result
Profit (loss) to be appropriated9906€122k€67k▼
Transfer to equity691/2€122k-
To other reserves6921€122k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €67k ▼45%
Net result drops to €67k, the lowest in the series.
31-12
Financial
Liquidity times 6current ratio 24.22
Current ratio from 3.94 to 24.22; short-term debt falls from €70k to €12k.
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2023net €122k ▲54.5%
Operating result €173k, net result €122k, both a record.
31-12
Financial
Equity above €200kEq €204k ▲149%
2 profitable years in a row build equity to €204k.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2023
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.
Lange Lozanastraat 1422018 AntwerpenGround area
949 m²
Building footprint
948 m²
Volume, LiDAR
11,726 m³
Parcel 11810K1626/00B004, Flanders · tallest building 20.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
IVRenergy
since 20232.344.138.226
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1626/00B004 | Flanders | 949 m² | 1 · 948 m² | 20.4 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
IPRO ENGINEERING & CONSULTING
BE 0739.962.223
Antwerpen · Eq €271,580
NOORDMAN PROJECT ENGINEERING
BE 0656.539.550
Herentals · Eq €272,762
VGE
BE 0831.413.031
Antwerpen · Eq €273,286
VRK CLEANING MACHINES
BE 0734.864.476
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MAINTENANCE HOLDING
BE 0890.163.951
Ninove · Eq €266,824
Of 1,225 companies in sector 33200 we hold annual accounts for 676. 500 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-04-2023
Fiscal year end31-12
Activities, NACEBEL 2025
33200Installation of industrial machinery and equipment
43212Electrical installation work in industrial facilities
74999Other professional, scientific and technical activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.