Equity
-€41,443
Debts exceed assets in financial year 2025.
IZZY BELGIUM
Lifetime
12 annual accounts with figures on one time axispeak €78,590 (2025)
€78,590▲ 123%
lowest -€35,199 (2023)
€42,365▲ €75,454
peak €18,788 (2013)
-€41,443▲ €42,365
€397,222▲ 15.4%
peak 1.4 FTE (2024)
1 FTE▼ 28.6%
Board3 names since 2017
1 directorBerrevoets Guy
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €35,243 to €78,590Back to profit: €42,365Staff from 1.4 FTE to 1 FTEEquity from -€83,808 to -€41,443Debts from €344,244 to €397,222Cash from €7,253 to €4,535
Key points
from the 2025 annual accountsResult
€42,365 €42,365
Back in profit in 2025, after a loss of €33,090 in 2024.
Turnover
≈ €270,000 estimated
The abbreviated format states no turnover.
Debts
€397,222 112% of the balance sheet
Suppliers 59%Taxes and wages 6%Other 35%
Filings
12 annual accounts since 2013
Ten of the last ten came late. The 2023 accounts came latest: 79 days after the end of the period.
Position in the sector
-€41,443
Less equity than 95% of companies in land transport. Sector median €241,747 · 2,421 companies.
Checked score
32
Weak
Financially stronger than 42% of micro companies in land transport (NACE 49)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
9.9% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 9,092 companies (NACE 49, micro).
About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 8.0%
01-2025: 8.0%● unchanged vs 12-2024
02-2025: 8.0%● unchanged vs 01-2025
03-2025: 7.7%▼ -0.3 percentage points vs 02-2025
04-2025: 7.7%● unchanged vs 03-2025
05-2025: 7.3%▼ -0.4 percentage points vs 04-2025
06-2025: 7.3%● unchanged vs 05-2025
07-2025: 7.4%▲ +0.1 percentage points vs 06-2025
08-2025: 7.3%▼ -0.1 percentage points vs 07-2025
09-2025: 7.0%▼ -0.3 percentage points vs 08-2025
10-2025: 7.5%▲ +0.5 percentage points vs 09-2025
11-2025: 7.5%● unchanged vs 10-2025
12-2025: 7.5%● unchanged vs 11-2025
01-2026: 7.5%● unchanged vs 12-2025
02-2026: 7.5%● unchanged vs 01-2026
03-2026: 7.2%▼ -0.3 percentage points vs 02-2026
04-2026: 7.1%▼ -0.1 percentage points vs 03-2026
05-2026: 7.0%▼ -0.1 percentage points vs 04-2026
06-2026: 6.9%▼ -0.1 percentage points vs 05-2026lowest value
07-2026: 7.0%▲ +0.1 percentage points vs 06-2026
08-2026: 6.9%▼ -0.1 percentage points vs 07-2026
09-2026: 9.8%▲ +2.9 percentage points vs 08-2026
10-2026: 9.9%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 9.9%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 31 days late; 3 of the last 3 accounts late
Sector: Land transport and transport via pipelines (NACE 49)
Ex-officio strike-off in the KBO
Negative equity -€41,443
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 49, micro). It does better than 12% of them on solvency, 4% on liquidity, 72% on profitability and 81% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 3,632 companies had the same profile as IZZY BELGIUM has now. Each dot stands for 10 companies, two years later.
91.8%
were still trading
4.8%
stopped another way
2.9%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of IZZY BELGIUM itself is higher: 9.9% within 12 months. It rests on far more data about IZZY BELGIUM than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,632 companies, not a prediction for IZZY BELGIUM. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.86 (0.7 in 2024), below 1. Short-term debt is 111.6% and cash 1.3% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
raises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 2418 sector peers (2025).
NBB · sector comparisonPosition among 2418 sector peers
Solvency
better than 8%
← weakest
strongest →
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
31 days late
2024
31 days late
2023
79 days late
2022
58 days late
2021
29 days late
2020
24 days late
2019
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 40 days after the deadline. In the sector (NACE 49), the median for financial year 2024 was on the deadline day, and 49% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0500479814
Registered office moved from Beringen to Geel
New registered office: Eindhoutseweg 79 b te 2440 Geel · Previous registered office: Schemkensstraat 6 te 3583 Beringen · General meeting of 24-06-2026 · Gazette deed
Address struck
Schemkensstraat 6 L’adresse du siège Schemkensstraat 6 3583 Schemkensstraat 6 3583,
3583 Beringen werd doorgehaald met ingang Beringen · effective 05-06-2026 · KBO administration
Registered office moved from Geel to Beringen
New registered office: Schemkensstraat 6, 3583 Beringen · Previous registered office: Eindhoutseweg 79 B, 2440 Geel · General meeting of 18-03-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IZZY BELGIUM Geel | €355,779 | €78,590 | -11.6% | 1 |
| HASENKAMP MOVING AND STORAGE Zaventem | €707,815 | €257,278 | 72.0% | 1 |
| CONTRAF Beerse | €478,615 | €67,237 | 25.4% | - |
| MY SELF STORAGE Anderlecht | €131,947 | €157,935 | 29.0% | 1.2 |
| SIMRO Auderghem | €199,407 | €138,808 | 6.6% | 1.9 |
| DGRAMME Seraing | €204,744 | €76,944 | 17.2% | 2 |
| C.NN EUROP Etterbeek | €306,556 | €53,272 | -4.3% | - |
These companies have the same main activity as IZZY BELGIUM: removal services (NACE 49420). They are comparable in size and age: total assets between €132,000 and €708,000, founded between 2007 and 2021.
Official details
Source: KBO- Status
- Active since 30-10-2012Normal situation
- Activity
- Removal servicesNACE 49420and 1 other
- Establishment unit
- 2.218.488.1862440 Geel, since 01-11-2012
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Insights on IZZY BELGIUM
IZZY BELGIUM files the abbreviated format. That format states no turnover. The gross margin rose from €32,268 in 2013 to €78,590 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IZZY BELGIUM
- What is the company number of IZZY BELGIUM?
- The company number of IZZY BELGIUM is 0500.479.814. The VAT number is the same number with BE in front: BE 0500.479.814.
- Where is IZZY BELGIUM based?
- The registered office is at Eindhoutseweg 79, 2440 Geel.Company details
- What does IZZY BELGIUM do?
- According to the KBO register, the main activity is removal services (NACE 49420).
- What is the legal form of IZZY BELGIUM?
- IZZY BELGIUM is a private limited company (pre-2019) (BVBA).
- When was IZZY BELGIUM founded?
- IZZY BELGIUM was founded on 30-10-2012.
- Is IZZY BELGIUM still active?
- Yes, IZZY BELGIUM is an active enterprise in the KBO register.
- How many employees does IZZY BELGIUM have?
- IZZY BELGIUM had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of IZZY BELGIUM?
- The turnover in financial year 2025 is ≈ €270,000. This figure is estimated from the gross margin of €78,590 and 59 comparable companies (NACE 494). It probably lies between €210,000 and €340,000.
- Is IZZY BELGIUM profitable?
- In financial year 2025, IZZY BELGIUM made a profit of €42,365.
- Where can I find the annual accounts of IZZY BELGIUM?
- IZZY BELGIUM filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IZZY BELGIUM due?
- IZZY BELGIUM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.