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Ixgee

Active
Private limited companyfounded 2020active for 6 yearsVijfseweg 172, 8790 Waregem, BelgiumKBO/BCE: BE 0743.986.040

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 24-07-2026 at the NBB all 6 filings

Turnover
≈ €95,000
Estimated: probably between €44,000 and €190,000
Total assets
€10,319▼ 99.1%
2024 · €1.1m
Net result
-€1.0m▼ 3,835%
2024 · -€25,889
Working capital
-€1.0m▼ 68.0%
2024 · -€615,770
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result for 2025 is a loss of €63,952, larger than the loss of €25,571 in 2024. It is the lowest result since 2021.

Operating result-€0.06m 2025 Net result-€1.0m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€0.02m-€0.001m▼ 92.6%-€0.01m-€0.004m▲ 64.8%-€0.03m▼ 612%-€0.06m▼ 150%
Net result€0.01mwithin the sector's middle half-€252below the sector's middle half▼ 98.2%-€0.01mbelow the sector's middle half-€0.004mbelow the sector's middle half▲ 64.7%-€0.03mbelow the sector's middle half▼ 611%-€1.0mbelow the sector's middle half▼ 3,835%
Equity€0.02mbelow the sector's middle half-€0.02mbelow the sector's middle half▲ 1.1%€0.01mbelow the sector's middle half▼ 42.9%€0.01mbelow the sector's middle half▼ 26.5%-€0.02mbelow the sector's middle half-€1.0mbelow the sector's middle half▼ 6,461%
Total assets€0.9mabove the sector's middle half-€0.9mabove the sector's middle half▲ 2.0%€1.0mabove the sector's middle half▲ 14.0%€1.1mabove the sector's middle half▲ 2.7%€1.1mabove the sector's middle half▲ 4.0%€0.01mbelow the sector's middle half▼ 99.1%
Debt€0.9m-€0.9m▲ 2.0%€1.0m▲ 15.6%€1.0m▲ 3.1%€1.1m▲ 6.6%€1.0m▼ 6.1%
Working capital€0.01mwithin the sector's middle half-€0.02mwithin the sector's middle half▲ 20.1%-€0.6mbelow the sector's middle half-€0.6mbelow the sector's middle half▼ 0.2%-€0.6mbelow the sector's middle half▼ 4.2%-€1.0mbelow the sector's middle half▼ 68.0%
Solvency2.7%below the sector's middle half-2.7%below the sector's middle half=1.3%below the sector's middle half▼ 1.3pp1.0%below the sector's middle half▼ 0.4pp-1.4%below the sector's middle half▼ 2.4pp
Current ratio1.02within the sector's middle half-1.02within the sector's middle half=0.42below the sector's middle half▼ 0.600.43below the sector's middle half▲ 0.020.45below the sector's middle half▲ 0.010.01below the sector's middle half▼ 0.44
Return on assets (ROA)1.6%within the sector's middle half-0.0%below the sector's middle half▼ 1.5pp-1.0%below the sector's middle half▼ 1.0pp-0.3%below the sector's middle half▲ 0.7pp-2.4%below the sector's middle half▼ 2.0pp
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Key figures and ratios
2025 value · change against 2024
Debt ≤ 1 year
€1.0m▼
2024 · €1.1m
A ratio outside any meaningful range has been withheld (balance sheet total €10,319, equity -€1.0m).
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as Ixgee: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €10,300 and €14,700, founded between 2018 and 2021.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
Ixgee Waregem2020€0.01m-€1.0m€0.02m-€1.0m2025
CAMPISI'S MANAGEMENT Meise2020€0.01m-€0.002m€0.02m-€0.01m2025
EMART Ottignies-Louvain-la-Neuve2020€0.01m-€0.003m€0.02m€0.01m2025
ENTITY Brussel2019€0.01m€0.009m€0.02m-€1102025
MPG Consulting Overijse2021€0.01m€0.007m€0.02m€0.02m2025
VEGA LYRA ALLIANCE Sint-Jans-Molenbeek2019€0.01m€0.01m€0.02m-€0.003m2025
HYFE-N Arendonk2018€0.01m-€0.01m€0.02m€0.01m2025

They were chosen from the 54,697 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 6,007 companies had the same profile as Ixgee has now. Two years later, 7.9% had gone bankrupt and 83.0% were still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.9% went bankrupt
8.4% stopped otherwise
83.0% was still going

Another 0.8% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of Ixgee itself is lower: 0.3% within 12 months. It rests on far more data about Ixgee than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,007 companies, not a prediction for Ixgee. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines

Source: Annual accounts 2025 at the NBB, filed on 24-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€1.1m€0.01m▼
Fixed assets21/28€0.6m€0▼
Tangible fixed assets22/27€0-
Furniture and vehicles24€0-
Financial fixed assets28€0.6m€0▼
Current assets29/58€0.5m€0.01m▼
Amounts receivable after more than one year29€0.3m€0▼
Trade receivables290€0.3m€0▼
Amounts receivable within one year40/41€0.2m€0.007m▼
Trade receivables40€0.09m€0.007m▼
Other amounts receivable41€0.2m€0▼
Cash at bank and in hand54/58€90€0.003m▲
Equity and liabilities
Total equity and liabilities10/49€1.1m€0.01m▼
Equity10/15-€0.02m-€1.0m▼
Contributions10/11€0.01m€0.01m=
Reserves13€0-
Distributable reserves133€0-
Profit (loss) carried forward14-€0.03m-€1.0m▼
Amounts payable17/49€1.1m€1.0m▼
Amounts payable within one year42/48€1.1m€1.0m▼
Trade debts44€0.009m€0.003m▼
Suppliers440/4€0.009m€0.003m▼
Advances received on contracts in progress46€0.003m€0▼
Taxes, remuneration and social security45€0.06m€0.005m▼
Taxes450/3€0€0.005m▲
Remuneration and social security454/9€0.06m€0▼
Other amounts payable47/48€1.0m€1.0m▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€0.002m€0.08m▲
Non-recurring operating charges66A€0.001m€0▼
Gross operating margin9900-€0.02m€0.02m▲
Operating profit (loss)9901-€0.03m-€0.06m▼
Financial income75/76B€0€0.05m▲
Recurring financial income75€0€0.05m▲
Non-recurring financial income76B-€0.05m
Financial charges65/66B€319€1.0m▲
Recurring financial charges65€319€0.4m▲
Non-recurring financial charges66B-€0.6m
Profit (loss) for the period before taxes9903-€0.03m-€1.0m▼
Profit (loss) for the period9904-€0.03m-€1.0m▼
Profit (loss) for the period to be appropriated9905-€0.03m-€1.0m▼
Appropriation of the result
Profit (loss) to be appropriated9906-€0.03m-€1.0m▼
Profit (loss) brought forward from the previous period14P--€0.03m
Transfer from equity791/2€119€0▼

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.001m€0.003m€0.003m€0.003m€0--
Other operating charges640/8-€0.001m€0.002m€0.002m€0.002m€0.08m▲ 55×
Non-recurring operating charges66A----€0.001m€0▼ 100%
Gross operating margin9900€0.02m€0.005m-€0.006m€0.001m-€0.02m€0.02m-
Operating profit (loss)9901€0.02m€0.001m-€0.01m-€0.004m-€0.03m-€0.06m▼ 150%
Financial income75/76B---€0€0€0.05m-
Recurring financial income75---€0€0€0.05m-
Non-recurring financial income76B-----€0.05m-
Financial charges65/66B-€38€135€52€319€1.0m▲ 3,152×
Recurring financial charges65-€38€135€52€319€0.4m▲ 1,269×
Non-recurring financial charges66B-----€0.6m-
Profit (loss) for the period before taxes9903€0.02m€0.001m-€0.01m-€0.004m-€0.03m-€1.0m▼ 3,835%
Income taxes67/77€0.004m€0.001m-----
Profit (loss) for the period9904€0.01m€252-€0.01m-€0.004m-€0.03m-€1.0m▼ 3,835%
Profit (loss) for the period to be appropriated9905€0.01m€252-€0.01m-€0.004m-€0.03m-€1.0m▼ 3,835%
Line202020212022202320242025Change
Assets
Total assets20/58€0.9m€0.9m€1.0m€1.1m€1.1m€0.01m▼ 99.1%
Fixed assets21/28€0.009m€0.007m€0.6m€0.6m€0.6m€0▼ 100%
Tangible fixed assets22/27€0.009m€0.007m€0.004m€0.001m€0--
Furniture and vehicles24-€0.007m€0.004m€0.001m€0--
Financial fixed assets28--€0.6m€0.6m€0.6m€0▼ 100%
Current assets29/58€0.9m€0.9m€0.4m€0.5m€0.5m€0.01m▼ 97.9%
Amounts receivable after more than one year29-€0.3m€0.3m€0.3m€0.3m€0▼ 100%
Trade receivables290-€0.3m€0.3m€0.3m€0.3m€0▼ 100%
Amounts receivable within one year40/41€0.6m€0.6m€0.2m€0.2m€0.2m€0.007m▼ 97.1%
Trade receivables40-€0.04m€0.05m€0.08m€0.09m€0.007m▼ 91.6%
Other amounts receivable41-€0.6m€0.1m€0.1m€0.2m€0▼ 100%
Cash at bank and in hand54/58€0.007m€426€0.002m€257€90€0.003m▲ 34×
Equity and liabilities
Total equity and liabilities10/49€0.9m€0.9m€1.0m€1.1m€1.1m€0.01m▼ 99.1%
Equity10/15€0.02m€0.02m€0.01m€0.01m-€0.02m-€1.0m▼ 6,461%
Contributions10/11-€0.01m€0.01m€0.01m€0.01m€0.01m=
Reserves13€0.01m€0.01m€0.004m€119€0--
Distributable reserves133-€0.01m€0.004m€119€0--
Profit (loss) carried forward14-----€0.03m-€1.0m▼ 3,954%
Amounts payable17/49€0.9m€0.9m€1.0m€1.0m€1.1m€1.0m▼ 6.1%
Amounts payable within one year42/48€0.9m€0.9m€1.0m€1.0m€1.1m€1.0m▼ 6.1%
Trade debts44€0.001m€0.002m€0.004m€0.002m€0.009m€0.003m▼ 71.8%
Suppliers440/4-€0.002m€0.004m€0.002m€0.009m€0.003m▼ 71.8%
Advances received on contracts in progress46--€0.009m-€0.003m€0▼ 100%
Taxes, remuneration and social security45-€0.02m€0.02m€0.05m€0.06m€0.005m▼ 90.8%
Taxes450/3-€0.005m€0.001m€0.002m€0€0.005m-
Remuneration and social security454/9-€0.01m€0.02m€0.04m€0.06m€0▼ 100%
Other amounts payable47/48-€0.9m€1.0m€1.0m€1.0m€1.0m▼ 0.8%
Line202020212022202320242025Change
Profit (loss) for the period9904€0.01m€252-€0.01m-€0.004m-€0.03m-€1.0m▼ 3,835%
+ Depreciation and write-downs630€0.001m€0.003m€0.003m€0.003m€0--
Operating cash flow (approximation)€0.02m€0.003m-€0.008m-€0.001m-€0.03m-€1.0m▼ 3,835%
Investment in fixed assets (approximation)-€0-€0.6m€0€0.001m€0.6m▲ 470×
Change in cash--€0.007m€0.001m-€0.002m-€167€0.003m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference Document
31-12-2025 micro format 24-07-2026 2026-00327947 NBB
31-12-2024 micro format 29-08-2025 2025-00458206 PDF
31-12-2023 micro format 20-08-2024 2024-00356779 PDF
31-12-2022 micro format 07-06-2023 2023-00111492 PDF
31-12-2021 micro format 09-06-2022 2022-20053822 PDF
31-12-2020 micro format 28-06-2021 2021-25500517 PDF

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