IZMIR
ActiveSummary
IZMIR has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-45k) and a net result of €761. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 8% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
42
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-28
Solvency0=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.32 against 0.0 in 2024; short-term debt: 232.6% and cash: 0.5% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-132.6%
Return on assets
2.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 18280 sector peers (2025).
NBB · sector comparisonPosition among 18280 sector peers
Solvency
better than 8%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
20 d late
2024
20 d late
2023
30 d late
2022
29 d late
2021
31 d late
2020
30 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-45k▲ 1.5%
2024 · €-46k
2018: €-74k
2019: €-71k
2020: €-66k
2021: €-63k
2022: €-62k
2023: €-56k
2024: €-46k
2018 → 2025
Total assets
€34k▲ 84.8%
2024 · €18k
2018: €5k
2019: €6k
2020: €55k
2021: €96k
2022: €37k
2023: €28k
2024: €18k
2018 → 2025
Net result
€761▼ 92.5%
2024 · €10k
2018: €6k
2019: €3k
2020: €5k
2021: €4k
2022: €228
2023: €6k
2024: €10k
2018 → 2025
Working capital
€-54k▲ 15.6%
2024 · €-64k
2018: €-75k
2019: €-74k
2020: €-115k
2021: €-109k
2022: €-99k
2023: €-84k
2024: €-64k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-63k-€-62k▲ 0.4%€-56k▲ 10.0%€-46k▲ 18.1%€-45k▲ 1.5%
Operating result€14k-€4k▼ 73.8%€11k▲ 209%€16k▲ 45.3%€2k▼ 85.7%
Net result€4k-€228▼ 93.5%€6k▲ 2,651%€10k▲ 62.0%€761▼ 92.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 86% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €34k
Fixed assets
€9k ▼ 50.9%
Current assets
€25k ▲ 18,513%
Key figures and ratios
EBITDA
€12k▼
2024 · €26k
Cash flow
€10k▼
2024 · €19k
Solvency
-132.6%▲
2024 · -248.8%
Current ratio
0.32▲
2024 · 0.00
Debt to equity
-1.75▼
2024 · -1.40
ROA
2.2%▼
2024 · 54.8%
Interest coverage
294.98▼
2024 · 1237.71
Debt
€80k▲
2024 · €65k
Debt ≤ 1 year
€80k▲
2024 · €65k
Income taxes
€1k▼
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€18k€34k▲
Fixed assets21/28€18k€9k▼
Tangible fixed assets22/27€18k€9k▼
Land and buildings22€111-
Plant, machinery and equipment23€0-
Furniture and vehicles24€18k€9k▼
Current assets29/58€135€25k▲
Amounts receivable within one year40/41-€25k
Trade receivables40-€25k
Cash at bank and in hand54/58€135€171▲
Equity and liabilities
Total equity and liabilities10/49€18k€34k▲
Equity10/15€-46k€-45k▲
Contributions10/11€19k€19k=
Reserves13€15k€15k=
Non-distributable reserves130/1€42€42=
Reserves not available under the articles1311€42€42=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€-80k€-79k▲
Amounts payable17/49€65k€80k▲
Amounts payable within one year42/48€65k€80k▲
Trade debts44€7k€24k▲
Suppliers440/4€7k€24k▲
Taxes, remuneration and social security45€15k€18k▲
Taxes450/3€15k€18k▲
Other amounts payable47/48€42k€38k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k▼
Other operating charges640/8€2k€681▼
Gross operating margin9900€27k€12k▼
Operating profit (loss)9901€16k€2k▼
Financial charges65/66B€21€150▲
Recurring financial charges65€21€39▲
Non-recurring financial charges66B-€111
Profit (loss) for the period before taxes9903€16k€2k▼
Income taxes67/77€6k€1k▼
Profit (loss) for the period9904€10k€761▼
Profit (loss) for the period to be appropriated9905€10k€761▼
Appropriation of the result
Profit (loss) to be appropriated9906€-80k€-79k▲
Profit (loss) brought forward from the previous period14P€-90k€-80k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
31-12
Financial
Highest result since 2018net €10k ▲62%
Operating result €16k, net result €10k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial
Weakest financial yearnet €228 ▼93.5%
Net result drops to €228, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
01-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 1 day late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ketsstraat 22018 AntwerpenGround area
106 m²
Building footprint
105 m²
Parcel 11808H1103/00Z007, Flanders. Linked by address, not a title deed.
1 establishment unit
Ketsstraat 2, 2018 Antwerpen
since 19872.033.590.350
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1103/00Z007 | Flanders | 106 m² | 1 · 105 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.033.590.350
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,519 companies in sector 47110 we hold annual accounts for 5,857. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded25-02-1987
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.