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IY-Projects

Active
Private limited companyfounded 20215 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.

Overview

Activity
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
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
Strong
Solvency 100=
equity 74.9% of total assets
Liquidity 52-44
short-term debt 25.1% · cash 8.9%
Profitability 100=
return on assets 32.6%
Bankruptcy probability, 12 months
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 months 11-2024: 3.4%lowest value 12-2024: 3.9%▲ +0.5 percentage points vs 11-2024 01-2025: 5.4%▲ +1.5 percentage points vs 12-2024 02-2025: 5.4%● unchanged vs 01-2025 03-2025: 5.1%▼ -0.3 percentage points vs 02-2025 04-2025: 4.6%▼ -0.5 percentage points vs 03-2025 05-2025: 4.6%● unchanged vs 04-2025 06-2025: 4.5%▼ -0.1 percentage points vs 05-2025 07-2025: 5.7%▲ +1.2 percentage points vs 06-2025 08-2025: 7.6%▲ +1.9 percentage points vs 07-2025 09-2025: 7.6%● unchanged vs 08-2025 10-2025: 7.6%● unchanged vs 09-2025 11-2025: 11.7%▲ +4.1 percentage points vs 10-2025highest value 12-2025: 11.7%● unchanged vs 11-2025highest value 01-2026: 11.7%● unchanged vs 12-2025highest value 02-2026: 11.7%● unchanged vs 01-2026highest value 03-2026: 11.7%● unchanged vs 02-2026highest value 04-2026: 11.7%● unchanged vs 03-2026highest value 05-2026: 11.7%● unchanged vs 04-2026highest value 06-2026: 11.7%● unchanged vs 05-2026highest value 07-2026: 11.5%▼ -0.2 percentage points vs 06-2026 08-2026: 10.7%▼ -0.8 percentage points vs 07-2026 09-2026: 10.8%▲ +0.1 percentage points vs 08-2026 10-2026: 10.8%● unchanged vs 09-2026
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Signals

Six signals.
+raises risk○neutral
raises risk · 1 change of registered office in 24 months
Belgian State Gazette
raises risk · Figures for FY 2022 (filed 26-06-2023)
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline
NBB · filings
raises risk · Size: total assets €24,551
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
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.
NBB · 2 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline08-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 26-06-2023, 35 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
35 days early
2021
1 day late
← before the deadline after the deadline →
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
  1. Annual accounts filedfiscal year 2022 · micro…
  2. Annual accounts filedfiscal year 2021 · micro…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2024 799 days late View
  • Positive: Among the best 17% on solvencysector median 43.9% · 30,834 companies 74.9% View
  • Active since 2021founded 08-07-2021 5 years View

By topic

Financials

Fiscal year
2022
Total assets
€24,551
Profit
€8,003
Solvency
74.9%
Total assets▲ 98.6%
Net result
20212022
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
08-07-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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