Checked.be · Company dossierhttps://checked.be/en/c/iy-projects-0770934422 · as of 08-10-2026
IY-Projects
Active
Private limited company · founded 2021 · 5 years activeSasstraat 1, 3500 Hasselt, BelgiumKBO/BCE: BE 0770.934.422
Summary
The computed 12-month bankruptcy probability of IY-Projects is 10.8% (high). For IY-Projects, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €18,384 and a net result of €8,003. Its solvency ranks better than 84% of 30,834 sector peers (NACE 43, fiscal year 2022). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€24,551total assets 2022
Equity
€18,384
Profit
€8,003
Turnover not published (abridged schema)
Financial health
Bankruptcy probabilitywithin 12 months
10.8%
2022 figures too old to score
Structure
Accounts 799 days overdue0 of 3 deeds read
Signals- 1 change of registered office in 24 months- Figures for FY 2022 (filed 26-06-2023)- 3 financial years not filed after the legal deadline- Size: total assets €24,551- Two or more financial years not filedLatest accounts filed on timeShow the evidence
Checked score
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Financial strength, FY 2022 · tick = 2021
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100=
equity 74.9% of total assets
Liquidity52-44
short-term debt 25.1% · cash 8.9%
Profitability100=
return on assets 32.6%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
10.8%High
0%0.5%1.5%4%10%≥ 25%
About 1 in 9 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.7% (47,518 companies)
Last 24 months11-2024: 3.4%lowest value12-2024: 3.9%▲ +0.5 percentage points vs 11-202401-2025: 5.4%▲ +1.5 percentage points vs 12-202402-2025: 5.4%● unchanged vs 01-202503-2025: 5.1%▼ -0.3 percentage points vs 02-202504-2025: 4.6%▼ -0.5 percentage points vs 03-202505-2025: 4.6%● unchanged vs 04-202506-2025: 4.5%▼ -0.1 percentage points vs 05-202507-2025: 5.7%▲ +1.2 percentage points vs 06-202508-2025: 7.6%▲ +1.9 percentage points vs 07-202509-2025: 7.6%● unchanged vs 08-202510-2025: 7.6%● unchanged vs 09-202511-2025: 11.7%▲ +4.1 percentage points vs 10-2025highest value12-2025: 11.7%● unchanged vs 11-2025highest value01-2026: 11.7%● unchanged vs 12-2025highest value02-2026: 11.7%● unchanged vs 01-2026highest value03-2026: 11.7%● unchanged vs 02-2026highest value04-2026: 11.7%● unchanged vs 03-2026highest value05-2026: 11.7%● unchanged vs 04-2026highest value06-2026: 11.7%● unchanged vs 05-2026highest value07-2026: 11.5%▼ -0.2 percentage points vs 06-202608-2026: 10.7%▼ -0.8 percentage points vs 07-202609-2026: 10.8%▲ +0.1 percentage points vs 08-202610-2026: 10.8%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
○
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
Annual accounts filedfiscal year 2022 · micro…
Annual accounts filedfiscal year 2021 · micro…
Key points
Risk: Accounts not fileddeadline was 31-07-2024799 days lateView
Positive: Among the best 17% on solvencysector median 43.9% · 30,834 companies74.9%View