iwell Belgium

Active

Private limited companyfounded 2024active for 2 yearsAlfons Gossetlaan 40, 1702 Dilbeek, Belgium26 active companies are registered at this addressKBO/BCE: BE 1012.271.610

Summary

The computed 12-month bankruptcy probability of iwell Belgium is 5.0% (elevated). The 2025 annual accounts show negative equity (-€23,887) and a net result of -€48,887. Its solvency ranks better than 5% of 592 sector peers (NACE 33, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

iwell BelgiumActiveChecked score 34/100

Risk analysis Report Compare

Activity

Installation of industrial machinery and equipment

NACE 33200Wholesale of electrical equipment, including installation materials NACE 46643

1 site

Size

€121,361total assets 2025

Staff: 1.8 FTE
Equity: -€23,887
Loss: -€48,887

Turnover not published (abbreviated format)

Financial health

34 Weak Checked score 2025

Bankruptcy probabilitywithin 12 months: 5.0%

Structure

Parent: iwell holding B.V.

iwell holding B.V.Director

Auditor: RSM INTERAUDIT2025 accounts 14 days early

Why 34raises riskNegative equity -€23,8871 change of registered office in 24 monthsLoss of €48,887 (financial year 2025)lowers riskFigures for financial year 2025 (filed 17-07-2026)Show the evidence

Checked score

Score 2025

34 / 100

Weak

Probability in this band: 4.2% to 15.0%

Financially better than 6% of its sector peers (NACE 33, micro)

Every signal that counts is listed under Signals.

Financial strength

Weak

Solvency 5

equity -19.7% of total assets

Liquidity 14

short-term debt 93.3% · cash 11.1%

Profitability 0

return on assets -40.3%

Bankruptcy probability, 12 months

5.0% Elevated

0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,388 companies, NACE 33, micro)

Last 24 months 09-2025: 3.8%lowest value 10-2025: 3.9%▲ +0.1 percentage points vs 09-2025 11-2025: 4.0%▲ +0.1 percentage points vs 10-2025 12-2025: 4.5%▲ +0.5 percentage points vs 11-2025 01-2026: 4.5%● unchanged vs 12-2025 02-2026: 5.0%▲ +0.5 percentage points vs 01-2026 03-2026: 5.2%▲ +0.2 percentage points vs 02-2026 04-2026: 5.3%▲ +0.1 percentage points vs 03-2026 05-2026: 5.1%▼ -0.2 percentage points vs 04-2026 06-2026: 5.2%▲ +0.1 percentage points vs 05-2026 07-2026: 5.5%▲ +0.3 percentage points vs 06-2026highest value 08-2026: 5.0%▼ -0.5 percentage points vs 07-2026 09-2026: 5.0%● unchanged vs 08-2026 10-2026: 5.0%● unchanged vs 09-2026

No credit on open account

Liquidity tight (current ratio 1.02, below the usual 1.5; short-term debt: 93.3% and cash: 11.1% of total assets), and equity is negative.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 33, micro): better than 6% on solvency, 8% on liquidity and 4% on profitability.

The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.

lowers riskraises riskneutral

Negative equity -€23,887

NBB · annual accounts

Figures for financial year 2025 (filed 17-07-2026)

NBB · annual accounts

1 change of registered office in 24 months

Belgian Official Gazette

Loss of €48,887 (financial year 2025)

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Young company

Founded in 2024, 2 years ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-07-2026, 14 days ahead of the deadline.

NBB · 1 filing

Deviation from the deadline

2025

14 days early

← before the deadline after the deadline →

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2024.

KBO publications · our coverage

17-07-2026 Annual accounts filedfinancial year 2025 · abbreviated…
01-07-2026 Appointment: RSM INTERAUDIT BV (statutory auditor)Permanent representative: Sébastien DECKERS
20-05-2025 Registered office · Resignations & appointmentsRegistered-office move

Key points

Risk: Negative equityfinancial year 2025: debts exceed assets -€23,887 View
Caution: Among the weakest 6% on solvencysector median 37.5% · 592 companies -19.7% View
Controlled by iwell holding B.V. parent View

By topic

Financials

Financial year: 2025
Total assets: €121,361
Loss: -€48,887
Solvency: -19.7%

Go to Financials

Board & ownership

Board: 1 member
Parent: iwell holding B.V.
Auditor: RSM INTERAUDIT

iwell holding B.V.Director

Go to Board & ownership

Timeline

Events: 4
Since: 2024

09-08-2024Incorporation

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Installation of industrial machinery and equipmentNACE 33200
Founded: 07-08-2024
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 11

Annual meeting: Fourth Friday of June at 14:00

Go to Articles of association

Key facts about iwell Belgium

What is the company number of iwell Belgium?: 1012.271.610. In Belgium the VAT number is the company number with BE in front: BE 1012.271.610.
Where is iwell Belgium based?: The registered office is at Alfons Gossetlaan 40, 1702 Dilbeek.Company details
What does iwell Belgium do?: According to the KBO register, the main activity is installation of industrial machinery and equipment (NACE 33200).
What is the legal form of iwell Belgium?: Private limited company (BV).
When was iwell Belgium founded?: On 07-08-2024.
Is iwell Belgium still active?: Yes, iwell Belgium is an active enterprise in the KBO register.
How many employees does iwell Belgium have?: On average 1.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of iwell Belgium?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is iwell Belgium profitable?: In financial year 2025, iwell Belgium made a loss of €48,887.
Where can I find the annual accounts of iwell Belgium?: iwell Belgium filed 1 annual account with the National Bank of Belgium, for financial year 2025.