Equity
€19.0m ▼ 0.9%
IRIS GROUP paid out €149,988 in dividends in a year with a loss of €25,582.
IRIS GROUP
Lifetime
19 annual accounts with figures on one time axis, 47 filings since 1978peak €11.0m (2023)
€10.3m▼ 2.1%
lowest -€621,278 (2013)
-€25,582▼ €1.6m
peak €19.2m (2024)
€19.0m▼ 0.9%
€14.6m▲ 30.7%
peak 50.5 FTE (2024)
45.2 FTE▼ 10.5%
Board47 names since 2006all names
8 directorsB-GROOVE and 7 others
Owners2 names in the annual accounts
Documentsfilings and deeds
23-06-202638 days before the deadline
2025financial year
Loss of €25,582Staff from 50.5 FTE to 45.2 FTEReappointments: ARTYM SRL (managing director) and Forvis Maza… 28-08Dividend €149,988Debts from €11.1m to €14.6mCash from €660,976 to €1.7m
Key points
from the 2025 annual accountsResult
-€25,582 -€25,582
From profit to loss in 2025, after a profit of €1.6m in 2024.
Staff
43 employees on 31-12-2025
In 2025, 5 people joined and 11 left.
Payment terms
117 days to suppliers
IRIS GROUP pays its suppliers 83 days earlier than in 2024. Customers pay 28 days earlier.
Board
1 joined · 2 left
Board changed. Latest change 06-02-2026 · 7 in office.
Position in the sector
€19.0m
More equity than 92% of companies in computing infrastructure and information services. Sector median €904,349 · 224 companies.
Standalone figures, without subsidiaries
Group, consolidated 2025: turnover €184.7m, result €403,000
Checked score
93
Excellent
Financially stronger than 42% of small companies in computing infrastructure and information services (NACE 63)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 184 companies (NACE 63, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025highest value
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.68, cash €1.7m
lowers risk
Size: turnover €10.3m, 45.2 FTE, total assets €33.7m, files consolidated accounts
Founded in 1978
Equity €19.0m (56.5% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 63, small). It does better than 67% of them on solvency, 29% on liquidity, 36% on profitability and 35% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
Credit of up to €1,000,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.68 (0.6 in 2024), below 1. Short-term debt is 38.4% and cash 5% of total assets. 43.5% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-06-2026, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
38 days early
2024
31 days early
2023
20 days early
2022
32 days early
2021
25 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 29 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
PM
PROGRESSIO MANAGEMENT srl
Managing director, Sandra de Kerckhove dit van der Varent
OM
OBA Management SA
Director, Philippe MASSET, since 16-06-2023
BG
B-GROOVE
Director, Laurent WARLOP
- SAK IRIS TRUST 92.7%annual accounts 2018
- IRIS Group SA consolidatesannual accounts 2025
Shares in 6 companies, including Iris Technical Services and ALCYON
Board & ownershipRecent changes
Permanent representative: Sandra de KERCKHOVE
Board meeting of 03-04-2026 · Gazette deed
1 director appointed, 1 resignation
Resignation: TECHNOLOGIES PROMOTION AGENCY srl · Permanent representatives: Bruno ROLIN and Frank COENEN · Appointment: IRIDI srl · General meeting of 23-12-2025 · Gazette deed
Reappointments: ARTYM SRL (managing director) and Forvis Mazars (statutory auditor)
General meeting of 20-06-2025 · Gazette deed
Capital increase
Capital from FB 12,000,000 to FB 150,680,000, 3,274 new shares · Capital from €150,680,000 to €3,750,000 · Founding capital of FB 12.000.000, 6,006 shares · General meeting of 16-12-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IRIS GROUP Evere | €10.3m | 1.7% | 56.5% | 45.2 |
| SPACEBEL Liège | €8.4m | 1.7% | 22.2% | 56.3 |
| IMAS Turnhout | €11.5m | 16.4% | 31.2% | 35 |
| EURESYS Seraing | €19.2m | -1.5% | 67.9% | 62.9 |
| CORSEARCH EUROPE Ixelles | €9.5m | 6.0% | -9.5% | 18.7 |
| IPEX Tubize | €31.7m | 2.2% | 52.0% | 49.1 |
| GraydonCreditsafe Belgium Antwerp | €20.2m | 8.1% | 31.4% | 56.9 |
Grey: the largest companies of the sector (computing infrastructure and information services (NACE 63)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as IRIS GROUP: computing infrastructure, data processing, hosting and related activities (NACE 63100). They are comparable in size and age: total assets between €19m and €56m, founded between 1975 and 1989.
Official details
Source: KBO- Status
- Active since 28-03-1978Normal situation
- Activity
- Computing infrastructure, data processing, hosting and related activitiesNACE 63100and 1 other
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.014.792.1461140 Evere, since 28-03-1978
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- €33.7m▲ 10.6%
- Employeeson 31-12-2025
- 43▼ 12.2%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Companies linked to IRIS GROUP
Subsidiaries and holdings
Insights on IRIS GROUP
IRIS GROUP has existed since 1978. Turnover grew from €3.6m in 2007 to €10.3m in 2025.
Solvency fell in 2025 from 63.0% to 56.5% because of the loss.
In September 2024, the Official Gazette published the appointment of PROGRESSIO MANAGEMENT srl as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IRIS GROUP
- What is the company number of IRIS GROUP?
- The company number of IRIS GROUP is 0418.161.060. The VAT number is the same number with BE in front: BE 0418.161.060.
- Where is IRIS GROUP based?
- The registered office is at Bazellaan 5, 1140 Evere.Company details
- What does IRIS GROUP do?
- According to the KBO register, the main activity is computing infrastructure, data processing, hosting and related activities (NACE 63100).
- What is the legal form of IRIS GROUP?
- IRIS GROUP is a public limited company (NV).
- When was IRIS GROUP founded?
- IRIS GROUP was founded on 28-03-1978.
- Is IRIS GROUP still active?
- Yes, IRIS GROUP is an active enterprise in the KBO register.
- How many employees does IRIS GROUP have?
- IRIS GROUP had an average of 45.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does IRIS GROUP fall under?
- In its 2025 annual accounts, IRIS GROUP states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of IRIS GROUP?
- The turnover of IRIS GROUP was €10.3m in financial year 2025, according to the filed annual accounts.
- Is IRIS GROUP profitable?
- In financial year 2025, IRIS GROUP made a loss of €25,582.
- Where can I find the annual accounts of IRIS GROUP?
- IRIS GROUP filed 71 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IRIS GROUP due?
- IRIS GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.IRIS GROUP · 6 companies
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