EXPLOITATIEMAATSCHAPPIJ IBJ

Active

Private limited companyfounded 20179 yrs activePieter Brueghellaan 1, 9051 Gent, BelgiumKBO/BCE: BE 0677.924.189

EXPLOITATIEMAATSCHAPPIJ IBJ has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €255k and a net result of €22k. Its solvency ranks better than 72% of 97 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

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Checked score

Score 2024

74 / 100

Healthy▼ -7 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability44▼-56

Solvency67▲+4

Growth52

Stability100

Bankruptcy probability, 12 months

0.7% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €19k at 30 days acceptable

Liquidity tight (current ratio 1.45 against 1.46 in 2023), and 63.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

3 signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 55

Relative position

BE, all sectors

reference

Sector 55

higher

← fewer bankruptcies more bankruptcies →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-07-2025, 14 days ahead of the deadline.

NBB · 7 filings

Deviation from the deadline

2025

not confirmed

2024

14 d early

2023

23 d early

2022

19 d early

2021

19 d early

2020

18 d early

2019

16 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€255k▲ 1.0%

2023 · €252k

2023: €252k

2023 → 2024

Total assets

€706k▼ 6.0%

2023 · €750k

2023: €750k

2023 → 2024

Net result

€22k▼ 63.5%

2023 · €62k

2023: €62k

2023 → 2024

Working capital

€200k▼ 9.2%

2023 · €220k

2023: €220k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€252k-€255k▲ 1.0%

Operating result€72k-€21k▼ 70.2%

Net result€62k-€22k▼ 63.5%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 70% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €706k

10%

90.5%

Fixed assets €67k▲ 31.1%

Current assets €638k▼ 8.7%

Equity and liabilities €706k

36.1%

63.9%

Equity €255k▲ 1.0%

Debt €451k▼ 9.5%

The debt ratio falls from 66.4% to 63.9%: equity grows while debt is paid down.

Key figures and ratios

2024 value · change against 2023

EBITDA

€39k▼

2023 · €79k

Cash flow

€40k▼

2023 · €69k

Solvency

36.1%▲

2023 · 33.6%

Current ratio

1.45▼

2023 · 1.46

Quick ratio

1.45▲

2023 · 1.44

Debt / equity

1.77▼

2023 · 1.98

ROE

8.8%▼

2023 · 24.4%

ROA

3.2%▼

2023 · 8.2%

Interest coverage

39.05▲

2023 · 30.61

Debt

€451k▼

2023 · €498k

Debt ≤ 1 year

€439k▼

2023 · €479k

Debt > 1 year

€8k▼

2023 · €14k

Income taxes

€7k▼

2023 · €9k

Staff costs

€421k▲

2023 · €343k

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 · 2024

Balance sheet Code2024

Total assets 20/58€706k

Fixed assets 21/28€67k

Intangible fixed assets 21€6k

Tangible fixed assets 22/27€61k

Financial fixed assets 28€95

Current assets 29/58€638k

Stocks & contracts in progress 3€3k

Amounts receivable within one year 40/41€74k

Cash & bank 54/58€556k

Total equity & liabilities 10/49€706k

Equity 10/15€255k

Contributions / capital 10/11€100k

Reserves 13€16k

Accumulated profits (losses) 14€139k

Amounts payable 17/49€451k

Amounts payable after one year 17€8k

Amounts payable within one year 42/48€439k

Trade debts payable within one year 44€202k

Income statement Code2024

Gross operating margin 9900€727k

Operating result 9901€21k

Financial income 75€10k

Financial charges 65€995

Result before taxes 9903€30k

Income taxes 67/77€7k

Net result for the period 9904€22k

Result to be appropriated 9905€22k

This is the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Timeline · acts, filings and financial milestones

All 8Gazette 1Filings 7

2025

17-07

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

19-12

State Gazette act Capital & shares

Hendrik Moens

08-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

12-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

12-07

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2021

13-07

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

15-07

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

08-07

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

State Gazette actNBB filing

1 of 6 acts read

About the unread acts

Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors

4 directors, last change in 2024

NESTIA HOSPITALITY GROUP

Director · since 19-12-2024 · Public limited company · perm. rep.: DEBUCQUOY Jonathan

Current

UNIBRICKS

Director · since 19-12-2024 · Private limited company · perm. rep.: LECLUSE Thomas

Current

19-12-2024 NESTIA HOSPITALITY GROUP: Resigned as Director

19-12-2024 NESTIA HOSPITALITY GROUP: Appointed as Director

19-12-2024 NESTIA HOSPITALITY GROUP: Appointed as Daily management

19-12-2024 UNIBRICKS: Appointed as Director

19-12-2024 UNIBRICKS: Appointed as Daily management

19-12-2024 BRICKS FINANCIAL SERVICES: Resigned as Director

1 further event in the mandate history. Available in Kantoor S. See plans →

Not every act has been read: a resignation may be missing here

5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Gent · 1 establishment unit since 2017

exact location from the address register On OpenStreetMap

Ground area

1,890 m²

Building footprint

971 m²

Volume, LiDAR

2,992 m³

2 parcels, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

Ibis Budget Jabbeke