I & G
Bankruptcy closedInactive since 23-09-2026; last annual accounts for fiscal year 2022.
Summary
I & G was declared bankrupt on 21-03-2024 (Ondernemingsrechtbank Gent, afdeling Dendermonde); the bankruptcy was closed by liquidation by judgment of 21-09-2026, published in the Belgian State Gazette on 25-09-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
31 d late
2020
1 d early
2019
41 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 26 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2022, micro schema
Equity
€32,562▼ 12.7%
2021 · €37,314
Total assets
€150,265▼ 28.4%
2021 · €209,775
Net result
-€4,751▼ 25.8%
2021 · -€3,777
Working capital
€26,843▼ 36.0%
2021 · €41,951
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€13,026-€14,433▲ 10.8%€25,228▲ 74.8%€3,117▼ 87.6%-€2,726
Net result€9,571-€2,887▼ 69.8%€11,172▲ 287%-€3,777-€4,751▼ 25.8%
Equity€27,032-€29,918▲ 10.7%€41,091▲ 37.3%€37,314▼ 9.2%€32,562▼ 12.7%
Total assets€45,686-€46,529▲ 1.8%€63,839▲ 37.2%€209,775▲ 229%€150,265▼ 28.4%
Debt€18,654-€16,611▼ 11.0%€22,748▲ 36.9%€172,462▲ 658%€117,703▼ 31.8%
Working capital€19,909-€27,032▲ 35.8%€42,412▲ 56.9%€41,951▼ 1.1%€26,843▼ 36.0%
Staff (FTE)0.2-
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €2,726 after €3,117 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €150,265
Fixed assets
€46,421 ▲ 153%
Current assets
€103,845 ▼ 45.8%
Equity and liabilities €150,265
Equity
€32,562 ▼ 12.7%
Debt
€117,703 ▼ 31.8%
Debt's share of the balance-sheet total falls from 82.2% to 78.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6,313▼
2021 · €9,166
Cash flow
€4,287▲
2021 · €2,272
Current ratio
1.35▲
2021 · 1.28
Quick ratio
0.99▼
2021 · 1.10
Debt to equity
3.61▼
2021 · 4.62
ROE
-14.6%▼
2021 · -10.1%
ROA
-3.2%▼
2021 · -1.8%
Interest coverage
2.94▲
2021 · 1.31
Debt ≤ 1 year
€77,001▼
2021 · €149,494
Debt > 1 year
€40,702▲
2021 · €20,268
Income taxes
€120▼
2021 · €1,007
Staff costs
€16,838▲
2021 · €6,577
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €6,577 | €16,838 | ▲ 156% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,461 | €2,924 | €4,208 | €6,049 | €9,038 | ▲ 49.4% |
| Other operating charges640/8 | - | - | - | €774 | €1,011 | ▲ 30.6% |
| Gross operating margin9900 | €19,836 | €18,554 | €31,674 | €16,517 | €24,162 | ▲ 46.3% |
| Operating profit (loss)9901 | €13,026 | €14,433 | €25,228 | €3,117 | -€2,726 | ▼ 187% |
| Financial income75/76B | - | - | - | €1,107 | €240 | ▼ 78.3% |
| Recurring financial income75 | €1,137 | €11 | €0 | €1,107 | €240 | ▼ 78.3% |
| Financial charges65/66B | - | - | - | €6,994 | €2,146 | ▼ 69.3% |
| Recurring financial charges65 | €148 | €9,857 | €8,303 | €6,994 | €2,146 | ▼ 69.3% |
| Profit (loss) for the period before taxes9903 | €14,016 | €4,587 | €16,925 | -€2,770 | -€4,632 | ▼ 67.2% |
| Income taxes67/77 | €4,444 | €1,700 | €5,753 | €1,007 | €120 | ▼ 88.1% |
| Profit (loss) for the period9904 | €9,571 | €2,887 | €11,172 | -€3,777 | -€4,751 | ▼ 25.8% |
| Profit (loss) for the period to be appropriated9905 | €9,571 | €2,887 | €11,172 | -€3,777 | -€4,751 | ▼ 25.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €45,686 | €46,529 | €63,839 | €209,775 | €150,265 | ▼ 28.4% |
| Fixed assets21/28 | €7,122 | €5,587 | €1,379 | €18,330 | €46,421 | ▲ 153% |
| Tangible fixed assets22/27 | €7,122 | €5,587 | €1,379 | €18,330 | €46,421 | ▲ 153% |
| Plant, machinery and equipment23 | - | - | - | €2,581 | €4,981 | ▲ 93.0% |
| Furniture and vehicles24 | - | - | - | €15,750 | €41,440 | ▲ 163% |
| Current assets29/58 | €38,563 | €40,943 | €62,460 | €191,445 | €103,845 | ▼ 45.8% |
| Amounts receivable after more than one year29 | - | - | - | €30,000 | €0 | ▼ 100% |
| Other amounts receivable291 | - | - | - | €30,000 | €0 | ▼ 100% |
| Stocks and contracts in progress3 | - | - | - | €27,500 | €27,500 | = |
| Stocks30/36 | - | - | - | €7,500 | €7,500 | = |
| Contracts in progress37 | - | - | - | €20,000 | €20,000 | = |
| Amounts receivable within one year40/41 | €29,024 | €16,048 | €28,465 | €118,544 | €66,613 | ▼ 43.8% |
| Trade receivables40 | - | - | - | €89,913 | €49,038 | ▼ 45.5% |
| Other amounts receivable41 | - | - | - | €28,631 | €17,574 | ▼ 38.6% |
| Cash at bank and in hand54/58 | €9,113 | €4,713 | €14,995 | €14,441 | €8,844 | ▼ 38.8% |
| Deferred charges and accrued income490/1 | - | - | - | €960 | €888 | ▼ 7.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €45,686 | €46,529 | €63,839 | €209,775 | €150,265 | ▼ 28.4% |
| Equity10/15 | €27,032 | €29,918 | €41,091 | €37,314 | €32,562 | ▼ 12.7% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | = |
| Reserves13 | €20,832 | €20,832 | €30,832 | €30,832 | €30,832 | = |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | = |
| Distributable reserves133 | - | - | - | €28,832 | €28,832 | = |
| Profit (loss) carried forward14 | -€1,291 | €2,887 | €4,059 | €282 | -€4,469 | ▼ 1,684% |
| Amounts payable17/49 | €18,654 | €16,611 | €22,748 | €172,462 | €117,703 | ▼ 31.8% |
| Amounts payable after more than one year17 | - | - | - | €20,268 | €40,702 | ▲ 101% |
| Financial debts170/4 | - | - | - | €20,268 | €40,702 | ▲ 101% |
| Amounts payable within one year42/48 | €18,654 | €13,911 | €20,048 | €149,494 | €77,001 | ▼ 48.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,287 | €11,359 | ▲ 115% |
| Financial debts43 | - | - | - | €19,480 | €4 | ▼ 100.0% |
| Credit institutions430/8 | - | - | - | €19,480 | €4 | ▼ 100.0% |
| Trade debts44 | €7,754 | €5,262 | €12,540 | €115,218 | €46,454 | ▼ 59.7% |
| Suppliers440/4 | - | - | - | €115,218 | €46,454 | ▼ 59.7% |
| Taxes, remuneration and social security45 | - | - | - | €9,508 | €3,816 | ▼ 59.9% |
| Taxes450/3 | - | - | - | €7,800 | €2,443 | ▼ 68.7% |
| Remuneration and social security454/9 | - | - | - | €1,709 | €1,373 | ▼ 19.6% |
| Other amounts payable47/48 | - | - | - | - | €15,369 | - |
| Accrued charges and deferred income492/3 | - | - | - | €2,700 | €0 | ▼ 100% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,571 | €2,887 | €11,172 | -€3,777 | -€4,751 | ▼ 25.8% |
| + Depreciation and write-downs630 | €2,461 | €2,924 | €4,208 | €6,049 | €9,038 | ▲ 49.4% |
| Operating cash flow (approximation) | €12,033 | €5,811 | €15,380 | €2,272 | €4,287 | ▲ 88.7% |
| Investment in fixed assets (approximation) | - | -€1,388 | €0 | -€23,000 | -€37,129 | ▼ 61.4% |
| Change in cash | - | -€4,399 | €10,282 | -€554 | -€5,598 | ▼ 911% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
25-09
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 21-09-2026
2024
28-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 21-03-2024
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet -€4,751
Net result drops to -€4,751, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
19-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 11-04-2022
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €11,172 ▲287%
Operating result €25,228, net result €11,172, both a record.
10-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 41 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Dendermonde
Ground area
1,169 m²
Building footprint
214 m²
Volume, LiDAR
1,123 m³
Parcel 42002C0318/00F000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42002C0318/00F000 | Flanders | 1,169 m² | 1 · 214 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | FREDERIK NAENEN BAZELSTRAAT 30, 9150 KRUI-
BEKE |
21-03-2024 → 21-09-2026 |
| Curator | MARIANNE MACHARIS KONINGIN ASTRIDLAAN 8,
9200 DENDERMONDE |
11-04-2022 → 21-09-2026 |