Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 308 days after the legal deadline.
Financials
Financial year 2024
IVORY from Grez-Doiceau, company number BE0445650761, closed financial year 2024 with a result of € -5,033 after tax. For that financial year IVORY recorded a gross margin of € 15,085 and equity of € 256,837. Compared with financial year 2023, the result moved from € -7,474 to € -5,033. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 4, 2026.
€ 256,837
▼ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,033
▲ 33 % less loss than in 2023
Profit after tax over the fiscal year.
€ 10,635
▼ 16% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 238,237.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 1,903
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -3,092 | € 35,761 | € 13,892 | € 15,085 | ▲ 9% |
| Profit after taxes | € -1,356 | € 11,082 | € -7,474 | € -5,033 | ▲ € 2,441 |
| Equity | € 273,262 | € 269,344 | € 261,870 | € 256,837 | ▼ 2% |
| Total debts | € 86,021 | € 74,521 | € 63,246 | € 47,819 | ▼ 24% |
| Cash | € 12,113 | € 17,788 | € 12,652 | € 10,635 | ▼ 16% |
| Land & buildings | € 284,357 | € 275,678 | € 266,998 | € 258,318 | ▼ 3% |
| Retained profit | € 254,662 | € 250,744 | € 243,270 | € 238,237 | ▼ 2% |
| Dividend | € 15,000 | € 15,000 | € 0 | € 0 | |
| Bank debt | € 40,574 | € 26,796 | € 13,744 | € 0 | ▼ 100% |
| Balance sheet total | € 364,200 | € 345,949 | € 325,116 | € 304,656 | ▼ 6% |
Key figures of IVORY, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to IVORY?
What happened at IVORY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 5,033. filed late Source: NBB ↗
- New establishment in Grez-Doiceau. KBO
- New establishment in Grez-Doiceau. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,356 loss in 2021 to € 5,033 loss in 2024.
Paid € 5,178 in corporate taxes since 2021.
Best year ever: 2022, with € 11,082 profit.
Paid out € 30,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Rue du Centry 24
1390 Grez-Doiceau
Av.Cte Jean Dumonceau 36
1390 Grez-Doiceau
Active since 1 January 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.650.761
- VAT number
- BE 0445.650.761
- Registered office
- Rue du Centry 24, 1390 Grez-Doiceau
- Names & denominations
- IVORY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 1991
- Peppol
- Active · Active since 9 Apr 2026