IXDATA SA · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of IXDATA SA is 0.2% (very low). The 2025 annual accounts show negative equity (€-29k) and a net result of €69k. Equity is shrinking by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 6% of 92 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 8 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.2% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

2 signals · with evidence

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 6% of 92 sector peers (2025).

View the sector comparison

Consistently profitable

Positive net result in the two most recent financial years (2024 and 2025).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

The next deadline is still running

The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.

How we compute the deadline

The year end is derived from 10 filed financial years, each closing on 30-09. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-09-2025, that is 30-04-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
30-09-2025	30-04-2026	30-04-2026	on the day	2026-00107879
30-09-2024	30-04-2025	29-04-2025	1 d early	2025-00088028
30-09-2023	30-04-2024	23-05-2024	23 d late	2024-00101522
30-09-2022	30-04-2023	04-05-2023	4 d late	2023-00081162
30-09-2021	30-04-2022	29-04-2022	1 d early	2022-20019834
30-09-2020	30-04-2021	29-04-2021	1 d early	2021-11900142
30-09-2019	30-04-2020	18-06-2020	49 d late	2020-18200313
30-09-2018	30-04-2019	13-05-2019	13 d late	2019-13400319
30-09-2017	30-04-2018	04-05-2018	4 d late	2018-12400578
30-09-2016	30-04-2017	04-05-2017	4 d late	2017-11500520

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

Long-established

Founded in 2005, 20 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€69k+493.7%

Working capital€18k

CSV export

Annual accounts & ratios

Source: NBB · 2025

Annual accounts filed on 30-04-2026 with the NBB · fiscal year 2025 · volledig

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

volatile Too volatile to project: the yearly deviation from the trend is ~80% of the level (threshold 35%). We therefore deliberately show no projection line.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 62, Computer programming & consultancy · compared within the same schema type (full schema)

Metric	This company	Sector median	Position in the sector
Solvency	-12.9%	46.9%	better than 6% of 92 sector peers
Net result	€69k	€44k	better than 70% of 92 sector peers
Equity	€-29k	€91k	better than 8% of 92 sector peers
Gross operating margin	€120k	€74k	better than 69% of 77 sector peers
Staff costs	€52k	€303k	higher than 14% of 44 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P6

Weakening position over 2020-2025 · n=92-295

Net result P70

Weakening position over 2020-2025 · n=92-295

Equity P8

Weakening position over 2020-2025 · n=92-295

Gross operating margin P69

Improving position over 2020-2025 · n=77-249

Describes the position versus peers, not a forecast.

EBITDA

€70k

+269.2% 18-25

Net profit

€69k

+493.7% 18-25

Cash flow

€69k

+277.5% 18-25

Total assets

€222k

+86.9% 18-25

Equity

€-29k

+70.6% 18-25

Working capital

€18k

- 18-25

Employees (FTE)

1

-37.5% 18-25

Staff costs

€52k

-56.9% 18-25

Income taxes

€298

+100.7% 18-25

Debt

€251k

+16.0% 18-25

Debt ≤ 1y

€203k

+10.3% 18-25

Debt > 1y

€0

-100.0% 18-25

Current ratio

1.09

+70.5% 18-25

Quick ratio

1.06

+74.0% 18-25

Solvency

-12.9%

+84.3% 18-25

Debt / equity

-8.76

-294.5% 18-25

ROE

-240.1%

-1919.3% 18-25

ROA

30.9%

+217.7% 18-25

Interest coverage

209.01

+378.0% 18-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Deposit	volledig
Revenue	-
EBITDA	€70k
Net profit	€69k
Cash flow	€69k
Staff costs	€52k
Income taxes	€298
Dividends	-
Total assets	€222k
Equity	€-29k
Debt	€251k
of which ≤ 1y	€203k
of which > 1y	-
Working capital	€18k
Employees (FTE)	1.0

Ratios (computed)

	2025
Current ratio	1.09
Quick ratio	1.06
Working capital ratio	7.9%
Solvency	-12.9%
Debt / equity	-8.76
Long-term debt ratio	-
Interest coverage	209.01
Gross margin	-
Net margin	-
ROA	30.9%
ROE	-240.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €2k · 0.9% Current assets €220k · 99.1%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€222k
Fixed assets	21/28	€2k
Tangible fixed assets	22/27	€1k
Financial fixed assets	28	€420
Current assets	29/58	€220k
Stocks & contracts in progress	3	€5k
Amounts receivable within one year	40/41	€184k
Cash & bank	54/58	€10k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€222k
Equity	10/15	€-29k
Contributions / capital	10/11	€62k
Reserves	13	€6k
Accumulated profits (losses)	14	€-97k
Amounts payable	17/49	€251k
Amounts payable within one year	42/48	€203k
Trade debts payable within one year	44	€178k
Income statement
Gross operating margin	9900	€120k
Operating result	9901	€69k
Financial income	75	€7
Financial charges	65	€335
Result before taxes	9903	€69k
Income taxes	67/77	€298
Net result for the period	9904	€69k
Result to be appropriated	9905	€69k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2025 · computed

41 / 100 Weak

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Structure & network

Locations & real estate

Establishment units

1 location

IXDATA SA NCI

Rue du Grand Puits 89, 4040 Herstalde installatie van de bedrading voor telefooninstallaties en computersystemen

since 20052.150.172.769

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area1,757 m²

Buildings1

Building footprint387 m²

Volume (LiDAR)10,136 m³

Tallest building28.4 m · ±9 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
62051C0694/00R000	Wallonia	1,757 m²	1 · 387 m²	28.4 m · 9 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes

49 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 41

Profitability 0

Solvency 46

Growth 58

Stability 100

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

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Company registry

Company registry (CBE)

Crossroads Bank

Activities

Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200Computeradviesbureaus72100Overige advisering in verband met programmatuur en levering van programmatuur72220Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100Overige advisering in verband met programmatuur en levering van programmatuur72220

Primary activity highlighted.

Names & trade names

Legal nameFR

IXDATA SA

Registered office

Rue du Grand Puits 89

4040 Herstal, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.