IZY Real Estate
ActiveSummary
IZY Real Estate has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23k and a net result of €23k. Equity is shrinking by ~12.1% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2028. Its solvency ranks better than 13% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▲+57
Solvency28▲+3
Growth38=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.46 against 2.43 in 2024; short-term debt: 32.3% and cash: 8.9% of total assets), and 96.9% of the assets are financed with debt.
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
3.1%
Return on assets
3%
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 13% of 8001 sector peers (2025).
NBB · sector comparisonPosition among 8001 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-04-2026, 105 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
105 d early
2024
23 d early
2023
1 d early
2022
31 d late
2021
24 d late
2020
31 d late
2019
54 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, abbreviated schema
Turnover
€1.02M▼ 65.0%
2020 · €2.91M
2019: €6.47M
2020: €2.91M
2019 → 2021
EBIT margin
8.0%▲ 8.1pp
2020 · -0.1%
2019: 1.3%
2020: -0.1%
2019 → 2021
Net result
€23k
2024 · €-26k
2018: €-242k
2019: €-243
2020: €-25k
2021: €59k
2022: €-55k
2023: €-35k
2024: €-26k
2018 → 2025
Working capital
€114k▼ 50.5%
2024 · €230k
2018: €312k
2019: €181k
2020: €184k
2021: €258k
2022: €292k
2023: €250k
2024: €230k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.02M-
Equity€117k-€62k▼ 47.0%€26k▼ 57.2%€790▼ 97.0%€23k▲ 2,860%
Operating result€81k-€-45k€-33k▲ 27.5%€-27k▲ 18.1%€26k
Net result€59k-€-55k€-35k▲ 35.3%€-26k▲ 27.5%€23k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €26k after a loss of €27k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €760k
Fixed assets
€401k ▼ 4.8%
Current assets
€359k ▼ 7.8%
Equity and liabilities €760k
Equity
€23k ▲ 2,860%
Provisions
€40k ▼ 79.9%
Debt
€697k ▲ 13.9%
Debt's share of the balance-sheet total rises from 75.4% to 91.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€47k▲
2024 · €-6k
Cash flow
€43k▲
2024 · €-5k
Current ratio
1.46▼
2024 · 2.43
Debt to equity
29.80
ROE
96.6%
ROA
3.0%▲
2024 · -3.2%
Interest coverage
431.65▲
2024 · -59.67
Debt ≤ 1 year
€246k▲
2024 · €160k
Debt > 1 year
€451k=
2024 · €451k
Income taxes
€11k
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€811k€760k▼
Fixed assets21/28€421k€401k▼
Tangible fixed assets22/27€421k€401k▼
Land and buildings22€421k€401k▼
Plant, machinery and equipment23€324-
Current assets29/58€390k€359k▼
Amounts receivable within one year40/41€372k€292k▼
Trade receivables40€264k€263k▼
Other amounts receivable41€108k€28k▼
Cash at bank and in hand54/58€18k€68k▲
Equity and liabilities
Total equity and liabilities10/49€811k€760k▼
Equity10/15€790€23k▲
Contributions10/11€45k€45k=
Reserves13€138k€129k▼
Non-distributable reserves130/1€5k-
Reserves not available under the articles1311€5k-
Tax-exempt reserves132€133k€125k▼
Distributable reserves133-€5k
Profit (loss) carried forward14€-182k€-151k▲
Provisions and deferred taxes16€199k€40k▼
Provisions for liabilities and charges160/5€156k-
Other liabilities and charges164/5€156k-
Deferred taxes168€43k€40k▼
Amounts payable17/49€612k€697k▲
Amounts payable after more than one year17€451k€451k=
Financial debts170/4€451k€451k=
Amounts payable within one year42/48€160k€246k▲
Current portion of amounts payable after more than one year42€58k€49k▼
Trade debts44€102k€102k▼
Suppliers440/4€102k€102k▼
Advances received on contracts in progress46-€95k
Income statement
Code20242025
Remuneration, social security and pensions62€-3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€21k€-85k▼
Other operating charges640/8€6k€25k▲
Gross operating margin9900€18k€-13k▼
Operating profit (loss)9901€-27k€26k▲
Financial income75/76B€577€5k▲
Recurring financial income75€577€5k▲
Financial charges65/66B€2k€108▼
Recurring financial charges65€108€108=
Non-recurring financial charges66B€2k-
Profit (loss) for the period before taxes9903€-29k€31k▲
Transfer from deferred taxes780€3k€3k=
Income taxes67/77-€11k
Profit (loss) for the period9904€-26k€23k▲
Transfer from tax-exempt reserves789€9k€9k=
Profit (loss) for the period to be appropriated9905€-17k€31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-182k€-151k▲
Profit (loss) brought forward from the previous period14P€-165k€-182k▼
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
17-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €23k
Net result €23k after 3 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
31-12
Financial
Back to profitnet €59k
Net result €59k after 3 loss-making years.
31-12
Financial
Equity above €100kEq €117k ▲102%
Equity rises from €58k to €117k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
23-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 54 days late
2019
24-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 146 days late
08-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 434 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Gent · 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.
Kleimoer 69030 GentGround area
2,144 m²
Building footprint
1,422 m²
Volume, LiDAR
7,775 m³
2 parcels, Flanders · tallest building 9.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IZY SOLUTION
since 20102.186.196.985
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44807G0220/00A003 | Flanders | 1,922 m² | 1 · 1,210 m² | 8.9 m · 2 fl. |
| 44038A0032/02L000 | Flanders | 222 m² | 1 · 212 m² | 9.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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ITC
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BE 0781.603.432
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MADIC BENELUX
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Of 1,565 companies in sector 46900 we hold annual accounts for 920. 372 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-10-2002
Fiscal year end31-12
Activities, NACEBEL 2025
46900Non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.