Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 3 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
I.V.E. Projects from Sint-Lievens-Houtem, company number BE0839860642, closed financial year 2025 with a result of € -24,791 after tax. For that financial year I.V.E. Projects recorded a gross margin of € -4,352 and equity of € -790. Compared with financial year 2024, the result moved from € -31,329 to € -24,791. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ -790
▼ € 24,791 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -24,791
▲ 21 % less loss than in 2024
Profit after tax over the fiscal year.
€ 12,226
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -19,390.
Debts at end 2025
€ 305,000
▲ 27% vs 2024
Loans from banks and other lenders, long and short.
€ 3,260
▲ 116% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 18,308 | € 49,986 | € -13,758 | € -4,352 | ▲ € 9,406 |
| Profit after taxes | € -12,558 | € 33,574 | € -31,329 | € -24,791 | ▲ € 6,537 |
| Equity | € 21,756 | € 55,330 | € 24,001 | € -790 | ▼ € 24,791 |
| Total debts | € 248,496 | € 82,760 | € 348,107 | € 425,306 | ▲ 22% |
| Cash | € 38,795 | € 109,083 | € 24,433 | € 12,226 | ▼ 50% |
| Retained profit | € 3,156 | € 36,730 | € 5,401 | € -19,390 | ▼ € 24,791 |
| Dividend | € 800 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 240,000 | € 305,000 | ▲ 27% |
| Balance sheet total | € 270,252 | € 138,090 | € 372,108 | € 424,516 | ▲ 14% |
Key figures of I.V.E. Projects, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to I.V.E. Projects?
What happened at I.V.E. Projects in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 24,791. Source: NBB ↗
- New establishment in Sint-Lievens-Houtem. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,558 loss in 2022 to € 24,791 loss in 2025.
Paid € 5,715 in corporate taxes since 2022.
Best year ever: 2023, with € 33,574 profit.
Paid out € 800 in dividends to the owners in total.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of FUTURE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
I.V.E. ProjectsBehind I.V.E. Projects is Evi Van der Smissen. The shares are held by FUTURE (20%).
Directors
According to the 2025 annual accounts
Evi Van der Smissen
Director
Shareholders
20%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oudeheerweg 23
9520 Sint-Lievens-Houtem
Balei 57
9520 Sint-Lievens-Houtem
Active since 3 October 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0839.860.642
- VAT number
- BE 0839.860.642
- Registered office
- Oudeheerweg 23, 9520 Sint-Lievens-Houtem
- Names & denominations
- I.V.E. Projects
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 3 October 2011
- Peppol
- Active · Active since 18 Jun 2025
- Activities · NACE
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