IZAR
ActiveSummary
IZAR has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €741k and a net result of €523k. Its solvency ranks better than 78% of 7029 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+25
Growth78
Track record82
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days only on tighter terms
Liquidity ample (current ratio 4.98 against 1.8 in 2024; short-term debt: 19.2% and cash: 88.4% of total assets), and 19.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
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
80.8%
Return on assets
57%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 · 2 filingsDeviation from the deadline
2025
24 d late
2024
52 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, micro schema
Equity
€741k▲ 238%
2024 · €220k
2024: €220k
2024 → 2025
Total assets
€918k▲ 111%
2024 · €436k
2024: €436k
2024 → 2025
Net result
€523k▲ 138%
2024 · €219k
2024: €219k
2024 → 2025
Working capital
€702k▲ 305%
2024 · €173k
2024: €173k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€220k-€741k▲ 238%
Operating result€295k-€708k▲ 140%
Net result€219k-€523k▲ 138%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 140% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €918k
Fixed assets
€40k ▼ 13.7%
Current assets
€878k ▲ 125%
Equity and liabilities €918k
Equity
€741k ▲ 238%
Debt
€176k ▼ 18.4%
Debt's share of the balance-sheet total falls from 49.6% to 19.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€719k▲
2024 · €300k
Cash flow
€534k▲
2024 · €224k
Current ratio
4.98▲
2024 · 1.80
Debt to equity
0.24▼
2024 · 0.98
ROE
70.5%▼
2024 · 100.0%
ROA
57.0%▲
2024 · 50.4%
Interest coverage
426.62▼
2024 · 17824.31
Debt ≤ 1 year
€176k▼
2024 · €216k
Income taxes
€184k▲
2024 · €76k
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 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€436k€918k▲
Fixed assets21/28€46k€40k▼
Tangible fixed assets22/27€46k€40k▼
Furniture and vehicles24€46k€40k▼
Current assets29/58€390k€878k▲
Amounts receivable within one year40/41€57k€60k▲
Trade receivables40€57k€59k▲
Other amounts receivable41€100€739▲
Cash at bank and in hand54/58€331k€811k▲
Deferred charges and accrued income490/1€2k€7k▲
Equity and liabilities
Total equity and liabilities10/49€436k€918k▲
Equity10/15€220k€741k▲
Contributions10/11€100€100=
Reserves13€217k€725k▲
Tax-exempt reserves132€147k€505k▲
Distributable reserves133€70k€220k▲
Profit (loss) carried forward14€2k€16k▲
Amounts payable17/49€216k€176k▼
Amounts payable within one year42/48€216k€176k▼
Trade debts44€37k€87k▲
Suppliers440/4€37k€87k▲
Taxes, remuneration and social security45€101k€89k▼
Taxes450/3€101k€89k▼
Other amounts payable47/48€77k€583▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€11k▲
Other operating charges640/8-€392
Gross operating margin9900€300k€719k▲
Operating profit (loss)9901€295k€708k▲
Financial income75/76B€20€113▲
Recurring financial income75€20€113▲
Financial charges65/66B€17€2k▲
Recurring financial charges65€17€2k▲
Profit (loss) for the period before taxes9903€295k€707k▲
Income taxes67/77€76k€184k▲
Profit (loss) for the period9904€219k€523k▲
Transfer to tax-exempt reserves689€147k€358k▲
Profit (loss) for the period to be appropriated9905€72k€165k▲
Appropriation of the result
Profit (loss) to be appropriated9906€72k€167k▲
Profit (loss) brought forward from the previous period14P-€2k
Transfer to equity691/2€70k€150k▲
To the legal reserve6920-€150k
To other reserves6921€70k-
Profit to be distributed694/7-€833
Return on contributions (dividend)694-€833
The notes to these accounts (5 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
11-09
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
23-07
State Gazette act
General meeting · Demerger
Net-asset statement · Accounting effect
23-07
State Gazette act
General meeting · Demerger
Capital increase · Share issue
08-07
State Gazette act
Incorporation · Founder
Founding capital · Share issue
2025
31-12
Financial
Liquidity triplescurrent ratio 4.98
Current ratio from 1.80 to 4.98; short-term debt falls from €216k to €176k.
31-12
Financial
Equity above €500kEq €741k ▲238%
2 profitable years in a row build equity to €741k.
21-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 52 days late
15-01
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
2024
25-09
State Gazette act
Power of attorney · Permanent representative
23-08
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB 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, Ottignies-Louvain-la-Neuve · 1 establishment unit since 2024
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 du Morimont 471341 Ottignies-Louvain-la-NeuveGround area
1,594 m²
Building footprint
110 m²
Volume, LiDAR
817 m³
Parcel 25016A0449/00Y008, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IZAR
since 20242.362.324.835
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25016A0449/00Y008 | Wallonia | 1,594 m² | 1 · 110 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
7 connected companiesLinked via shared directors
Shared director
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Shared director
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Shared director
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Shared director
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Show 3 more companies with a shared director
Shared director
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Shared director
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Shared director
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Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
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Of 13,421 companies in sector 73300 we hold annual accounts for 6,901. 3,544 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
Founded19-06-2024
Fiscal year end31-12
Activities, NACEBEL 2025
73300Public relations and communication consultancy
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.