Summary
IW-BAM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4,800 and a net result of €38,225. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 5585 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
2 d early
2024
2 d early
2023
7 d early
2022
36 d early
2021
6 d early
2020
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 9 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 25 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close29-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€4,800=
2024 · €4,800
Net result
€38,225▼ 9.0%
2024 · €41,992
Total assets
€462,292▼ 1.0%
2024 · €466,774
Solvency
1.0%=
2024 · 1.0%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€28,741▲ 393%€40,024▲ 39.3%€54,673▲ 36.6%€58,092▲ 6.3%€55,836▼ 3.9%
Net result€14,215within the sector's middle half€24,235within the sector's middle half▲ 70.5%€37,203within the sector's middle half▲ 53.5%€41,992within the sector's middle half▲ 12.9%€38,225within the sector's middle half▼ 9.0%
Equity€14,253below the sector's middle half▲ 37,877%€38,487below the sector's middle half▲ 170%€4,800below the sector's middle half▼ 87.5%€4,800below the sector's middle half=€4,800below the sector's middle half=
Total assets€318,187below the sector's middle half▲ 6.2%€348,357below the sector's middle half▲ 9.5%€394,581below the sector's middle half▲ 13.3%€466,774below the sector's middle half▲ 18.3%€462,292below the sector's middle half▼ 1.0%
Debt€303,934▲ 1.5%€309,869▲ 2.0%€389,781▲ 25.8%€461,974▲ 18.5%€457,492▼ 1.0%
Working capital€63,346within the sector's middle half▲ 61.8%€109,663within the sector's middle half▲ 73.1%€82,755within the sector's middle half▼ 24.5%-€146,291within the sector's middle half-€144,228within the sector's middle half▲ 1.4%
Solvency4.5%below the sector's middle half▲ 4.5pp11.0%below the sector's middle half▲ 6.6pp1.2%below the sector's middle half▼ 9.8pp1.0%below the sector's middle half▼ 0.2pp1.0%below the sector's middle half=
Current ratio5.12above the sector's middle half▲ 0.776.16above the sector's middle half▲ 1.041.82within the sector's middle half▼ 4.350.16below the sector's middle half▼ 1.660.14below the sector's middle half▼ 0.01
Return on assets (ROA)4.5%within the sector's middle half▲ 6.1pp7.0%within the sector's middle half▲ 2.5pp9.4%within the sector's middle half▲ 2.5pp9.0%within the sector's middle half▼ 0.4pp8.3%within the sector's middle half▼ 0.7pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €462,292
Fixed assets
€438,123 ▼ 0.4%
Current assets
€24,169 ▼ 10.6%
Equity and liabilities €462,292
Equity
€4,800 =
Debt
€457,492 ▼ 1.0%
Debt's share of the balance-sheet total stays at 99.0%.
Key figures and ratios
ROE
796.4%▼
2024 · 874.8%
Debt ≤ 1 year
€168,397▼
2024 · €173,326
Debt > 1 year
€280,000=
2024 · €280,000
Income taxes
€9,074▼
2024 · €9,999
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,798 | €2,015 | €1,825 | €1,280 | €1,615 | ▲ 26.2% |
| Other operating charges640/8 | - | €1,751 | €2,017 | €772 | €781 | ▲ 1.2% |
| Non-recurring operating charges66A | - | €20,006 | - | - | - | - |
| Gross operating margin9900 | €41,045 | €63,797 | €58,514 | €60,144 | €58,233 | ▼ 3.2% |
| Operating profit (loss)9901 | €28,741 | €40,024 | €54,673 | €58,092 | €55,836 | ▼ 3.9% |
| Financial income75/76B | - | €2,280 | €4,830 | €2,515 | - | - |
| Recurring financial income75 | €1,184 | €2,280 | €4,830 | €2,515 | - | - |
| Financial charges65/66B | - | €8,534 | €8,515 | €8,615 | €8,538 | ▼ 0.9% |
| Recurring financial charges65 | €8,515 | €8,534 | €8,515 | €8,615 | €8,538 | ▼ 0.9% |
| Profit (loss) for the period before taxes9903 | €21,410 | €33,770 | €50,988 | €51,992 | €47,298 | ▼ 9.0% |
| Income taxes67/77 | €7,194 | €9,535 | €13,785 | €9,999 | €9,074 | ▼ 9.3% |
| Profit (loss) for the period9904 | €14,215 | €24,235 | €37,203 | €41,992 | €38,225 | ▼ 9.0% |
| Profit (loss) for the period to be appropriated9905 | €14,215 | €24,235 | €37,203 | €41,992 | €38,225 | ▼ 9.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €318,187 | €348,357 | €394,581 | €466,774 | €462,292 | ▼ 1.0% |
| Fixed assets21/28 | €239,480 | €217,458 | €210,634 | €439,739 | €438,123 | ▼ 0.4% |
| Intangible fixed assets21 | - | - | - | €12,036 | €10,736 | ▼ 10.8% |
| Tangible fixed assets22/27 | €29,480 | €7,458 | €634 | €318 | €3 | ▼ 99.2% |
| Furniture and vehicles24 | - | €2,458 | €634 | €318 | €3 | ▼ 99.2% |
| Other tangible fixed assets26 | - | €5,000 | - | - | - | - |
| Financial fixed assets28 | €210,000 | €210,000 | €210,000 | €427,385 | €427,385 | = |
| Current assets29/58 | €78,707 | €130,899 | €183,947 | €27,035 | €24,169 | ▼ 10.6% |
| Amounts receivable after more than one year29 | - | €75,000 | €75,000 | - | - | - |
| Other amounts receivable291 | - | €75,000 | €75,000 | - | - | - |
| Amounts receivable within one year40/41 | €37,042 | €20,558 | €71,617 | €3,587 | €926 | ▼ 74.2% |
| Trade receivables40 | - | €11,470 | €21,285 | - | - | - |
| Other amounts receivable41 | - | €9,088 | €50,332 | €3,587 | €926 | ▼ 74.2% |
| Cash at bank and in hand54/58 | €39,718 | €32,450 | €32,500 | €23,448 | €23,242 | ▼ 0.9% |
| Deferred charges and accrued income490/1 | - | €2,891 | €4,830 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €318,187 | €348,357 | €394,581 | €466,774 | €462,292 | ▼ 1.0% |
| Equity10/15 | €14,253 | €38,487 | €4,800 | €4,800 | €4,800 | = |
| Contributions10/11 | - | €4,800 | €4,800 | €4,800 | €4,800 | = |
| Profit (loss) carried forward14 | €9,453 | €33,687 | - | - | - | - |
| Amounts payable17/49 | €303,934 | €309,869 | €389,781 | €461,974 | €457,492 | ▼ 1.0% |
| Amounts payable after more than one year17 | €280,000 | €280,000 | €280,000 | €280,000 | €280,000 | = |
| Financial debts170/4 | - | €280,000 | €280,000 | €280,000 | €280,000 | = |
| Amounts payable within one year42/48 | €15,361 | €21,236 | €101,192 | €173,326 | €168,397 | ▼ 2.8% |
| Trade debts44 | €1,217 | €2,240 | €2,410 | €1,076 | €1,531 | ▲ 42.3% |
| Suppliers440/4 | - | €2,240 | €2,410 | €1,076 | €1,531 | ▲ 42.3% |
| Advances received on contracts in progress46 | - | - | €11,000 | - | - | - |
| Taxes, remuneration and social security45 | - | €12,995 | €10,892 | €12,499 | €5,599 | ▼ 55.2% |
| Taxes450/3 | - | €12,995 | €10,892 | €12,499 | €5,599 | ▼ 55.2% |
| Other amounts payable47/48 | - | €6,000 | €76,891 | €159,751 | €161,266 | ▲ 0.9% |
| Accrued charges and deferred income492/3 | - | €8,634 | €8,588 | €8,648 | €9,095 | ▲ 5.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,215 | €24,235 | €37,203 | €41,992 | €38,225 | ▼ 9.0% |
| + Depreciation and write-downs630 | €10,798 | €2,015 | €1,825 | €1,280 | €1,615 | ▲ 26.2% |
| Operating cash flow (approximation) | €25,013 | €26,250 | €39,028 | €43,272 | €39,840 | ▼ 7.9% |
| Investment in fixed assets (approximation) | - | €20,006 | €5,000 | -€230,385 | €0 | ▲ 100% |
| Change in cash | - | -€7,268 | €49 | -€9,052 | -€206 | ▲ 97.7% |
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
29-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Highest result since 2020net €41,992 ▲12.9%
Operating result €58,092, net result €41,992, both a record.
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
26-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
25-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €14,215
Net result €14,215 after one loss-making year.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Oudenaarde · 1 establishment unit since 2019
Ground area
1,579 m²
Building footprint
280 m²
Volume, LiDAR
2,236 m³
Parcel 45035B0413/00K000, Flanders · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
IW-BAM
since 20192.288.782.603
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45035B0413/00K000 ProtectedMonument · Townscape or village viewHerenhuis met classicistische voorbouw: gevels en dakenSource ↗ |
Flanders | 1,579 m² | 1 · 280 m² | 12.7 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
1 holding · 2 subsidiaries in the treeOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
According to the annual accounts to 30-06-2025 of IW-BAM and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 3,197 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
Founded07-05-2019
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0726513271
Also
9925:BE0726513271
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.