IZONHOR
ActiveIZONHOR has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €289k and a net result of €47k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 17022 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 20.99 against 26.47 in 2024; short-term debt: 4.7% and cash: 28% of total assets), and 4.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
95.3%
Return on assets
15.5%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
50 d early
2023
14 d late
2022
31 d late
2021
31 d late
2020
18 d early
2019
28 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€289k▲ 15.4%
2024 · €250k
2018: €135k
2019: €143k
2020: €161k
2021: €171k
2022: €191k
2023: €220k
2024: €250k
2018 → 2025
Total assets
€303k▲ 16.5%
2024 · €260k
2018: €149k
2019: €152k
2020: €218k
2021: €206k
2022: €228k
2023: €240k
2024: €260k
2018 → 2025
Net result
€47k▲ 55.3%
2024 · €30k
2018: €17k
2019: €9k
2020: €18k
2021: €9k
2022: €20k
2023: €35k
2024: €30k
2018 → 2025
Working capital
€285k▲ 15.3%
2024 · €247k
2018: €126k
2019: €137k
2020: €139k
2021: €148k
2022: €167k
2023: €206k
2024: €247k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€171k-€191k▲ 11.8%€220k▲ 15.2%€250k▲ 13.7%€289k▲ 15.4%
Operating result€16k-€31k▲ 92.3%€45k▲ 47.8%€31k▼ 32.1%€63k▲ 104%
Net result€9k-€20k▲ 114%€35k▲ 74.8%€30k▼ 14.0%€47k▲ 55.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 104% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €303k
Fixed assets
€4k▲ 16.6%
Current assets
€299k▲ 16.5%
Equity and liabilities €303k
Equity
€289k▲ 15.4%
Debt
€14k▲ 47.1%
The debt ratio rises from 3.7% to 4.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€65k▲
2024 · €44k
Cash flow
€49k▲
2024 · €43k
Solvency
95.3%▼
2024 · 96.3%
Current ratio
20.99▼
2024 · 26.47
Quick ratio
20.99▼
2024 · 26.47
Debt / equity
0.05▲
2024 · 0.04
ROE
16.3%▲
2024 · 12.1%
ROA
15.5%▲
2024 · 11.6%
Interest coverage
31.31▲
2024 · 21.91
Debt
€14k▲
2024 · €10k
Debt ≤ 1 year
€14k▲
2024 · €10k
Income taxes
€20k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€260k€303k▲
Fixed assets21/28€3k€4k▲
Tangible fixed assets22/27€3k€4k▲
Plant, machinery and equipment23-€3k
Furniture and vehicles24€3k€1k▼
Current assets29/58€257k€299k▲
Amounts receivable after more than one year29€82k€87k▲
Other amounts receivable291€82k€87k▲
Amounts receivable within one year40/41€38k€96k▲
Trade receivables40€36k€77k▲
Other amounts receivable41€2k€19k▲
Current investments50/53€69k€30k▼
Cash at bank and in hand54/58€67k€85k▲
Deferred charges and accrued income490/1€650€739▲
Equity and liabilities
Total equity and liabilities10/49€260k€303k▲
Equity10/15€250k€289k▲
Reserves13€123k€162k▲
Distributable reserves133€123k€162k▲
Profit (loss) carried forward14€127k€127k=
Amounts payable17/49€10k€14k▲
Amounts payable within one year42/48€10k€14k▲
Financial debts43€811-
Credit institutions430/8€811-
Trade debts44€202€6k▲
Suppliers440/4€202€6k▲
Taxes, remuneration and social security45€8k€8k▲
Taxes450/3€8k€8k▲
Other amounts payable47/48€785-
Accrued charges and deferred income492/3-€13
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€2k▼
Other operating charges640/8€935€837▼
Gross operating margin9900€45k€66k▲
Operating profit (loss)9901€31k€63k▲
Financial income75/76B€14k€6k▼
Recurring financial income75€5k€6k▲
Non-recurring financial income76B€10k-
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€43k€67k▲
Income taxes67/77€13k€20k▲
Profit (loss) for the period9904€30k€47k▲
Profit (loss) for the period to be appropriated9905€30k€47k▲
Appropriation of the result
Profit (loss) to be appropriated9906€157k€174k▲
Profit (loss) brought forward from the previous period14P€127k€127k=
Transfer from equity791/2-€9k
Transfer to equity691/2€30k€47k▲
To other reserves6921€30k€47k▲
Profit to be distributed694/7-€9k
Return on contributions (dividend)694-€9k
The notes to these accounts (4 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Highest result since 2018net €47k ▲55.3%
Operating result €63k, net result €47k, both a record.
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity doublescurrent ratio 26.47
Current ratio from 11.33 to 26.47; short-term debt falls from €20k to €10k.
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
2023
31-12
Financial
Equity above €200kEq €220k ▲15.2%
6 profitable years in a row build equity to €220k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €161k ▲12.6%
3 profitable years in a row build equity to €161k.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Weakest financial yearnet €9k ▼51.1%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Donceel · 1 establishment unit since 2010
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.
Rue de Stier 494357 Donceel1 establishment unit
Rue de Stier 49, 4357 Donceel
since 20102.194.006.178
Recognitions · licences · registrations
Legal Entity Identifier
254900KB64GPRVCXLM90
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 1,255 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2010
Fiscal year end31-12
Activities, NACEBEL
62900Other information technology and computer services
46341Wholesale of wines and spirits
47551Retail sale of household furniture
47591Retail trade
64999Other financial services
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filings
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.