IATEC
ActiveSummary
The computed 12-month bankruptcy probability of IATEC is 2.6% (moderate). The 2025 annual accounts show negative equity (-€31,838) and a net result of -€10,462. Equity has been shrinking by about 6.2% per year since 2018. Its solvency ranks better than 7% of 322 sector peers (NACE 80, financial year 2025). The company has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-04-1993 Normal situation
- Registered office
- 18 active companies are registered at this address Source: KBO register, as of 4 November 2026.
- Activity
- Investigation and security activities NACE 80090and 2 others
- Establishment unit
- 2.067.142.650 6040 Charleroi, since 30-08-1944
- Financial year end
- 31 December
- Peppol
- Reachable since 08-01-2026
Board and ownership
- CHRISTIAENS RudyDirector · last mentioned in 2025
- David and coDirector · last mentioned in 2025
- David and co S.aDirector · last mentioned in 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.6%
- Gross margin
- -€10,429
- ▼ 692%
- Loss
- €10,462
- ▲ 691%
- Equity
- -€31,838
- ▼ 48.9%
- Total assets
- €31,921
- ▲ 94×
- Negative equity on 31-12-2025
- 2025 accounts filed 31 days after the deadline
Score breakdownraises riskLoss of €10,462, the second in a row (financial year 2025)1 change of registered office in 24 monthsLiquidity: current ratio 14.71, cash €6, halvedlowers riskSize: total assets €31,921Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 80, micro). It does better than 6% of them on solvency, 49% on liquidity, 7% on profitability and 14% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 80), the median for financial year 2024 was 2 days before the deadline, and 42% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 31 days after the deadline Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00491859.
Annual accounts 2025 filed on 31-08-2026 at the NBB all 33 filings
Every figure per financial year
The operating result for 2025 is a loss of €10,429, larger than the loss of €1,317 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €1,055 | €1,181 | €1,077 | €1,317 | €10,429 | ▲ 692% |
| Gross operating margin9900 | -€1,340 | -€850 | -€933 | -€1,055 | -€1,181 | -€1,077 | -€1,317 | -€10,429 | ▼ 692% |
| Operating profit (loss)9901 | -€1,340 | -€850 | -€933 | -€1,055 | -€1,181 | -€1,077 | -€1,317 | -€10,429 | ▼ 692% |
| Financial income75/76B | - | - | - | €20 | - | - | €0 | - | - |
| Recurring financial income75 | - | - | - | €20 | - | - | €0 | - | - |
| Financial charges65/66B | - | - | - | - | €49 | €24 | €6 | €32 | ▲ 491% |
| Recurring financial charges65 | €211 | €131 | €21 | - | €49 | €24 | €6 | €32 | ▲ 491% |
| Profit (loss) for the period before taxes9903 | -€1,551 | -€981 | -€954 | -€1,035 | -€1,230 | -€1,101 | -€1,323 | -€10,462 | ▼ 691% |
| Profit (loss) for the period9904 | -€1,551 | -€981 | -€954 | -€1,035 | -€1,230 | -€1,101 | -€1,323 | -€10,462 | ▼ 691% |
| Profit (loss) for the period to be appropriated9905 | -€1,551 | -€981 | -€954 | -€1,035 | -€1,230 | -€1,101 | -€1,323 | -€10,462 | ▼ 691% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €228 | €247 | €293 | €405 | €205 | €388 | €339 | €31,921 | ▲ 94× |
| Fixed assets21/28 | €164 | €164 | €164 | €164 | €164 | €164 | €164 | €164 | = |
| Financial fixed assets28 | €164 | €164 | €164 | €164 | €164 | €164 | €164 | €164 | = |
| Current assets29/58 | €64 | €83 | €129 | €241 | €42 | €225 | €176 | €31,758 | ▲ 181× |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | - | €29,602 | - |
| Trade receivables290 | - | - | - | - | - | - | - | €29,602 | - |
| Amounts receivable within one year40/41 | - | - | - | - | - | €145 | €145 | €2,150 | ▲ 15× |
| Other amounts receivable41 | - | - | - | - | - | €145 | €145 | €2,150 | ▲ 15× |
| Cash at bank and in hand54/58 | €64 | €83 | €129 | €241 | €42 | €79 | €30 | €6 | ▼ 80.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €228 | €247 | €293 | €405 | €205 | €388 | €339 | €31,921 | ▲ 94× |
| Equity10/15 | -€14,752 | -€15,732 | -€16,686 | -€17,722 | -€18,951 | -€20,053 | -€21,376 | -€31,838 | ▼ 48.9% |
| Contributions10/11 | €24,789 | €24,789 | €24,789 | €24,789 | €24,789 | €24,789 | €24,789 | €24,789 | = |
| Capital10 | - | - | - | €24,789 | €24,789 | €24,789 | €24,789 | - | - |
| Issued capital100 | - | - | - | €24,789 | €24,789 | €24,789 | €24,789 | - | - |
| Reserves13 | €3,560 | €3,560 | €3,560 | €3,560 | €3,560 | €3,560 | €3,560 | €3,560 | = |
| Non-distributable reserves130/1 | - | - | - | €2,479 | €2,479 | €2,479 | €2,479 | €2,479 | = |
| Legal reserve130 | - | - | - | €2,479 | €2,479 | €2,479 | €2,479 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | - | - | - | €2,479 | - |
| Distributable reserves133 | - | - | - | €1,081 | €1,081 | €1,081 | €1,081 | €1,081 | = |
| Profit (loss) carried forward14 | -€43,101 | -€44,081 | -€45,035 | -€46,071 | -€47,300 | -€48,402 | -€49,725 | -€60,187 | ▼ 21.0% |
| Amounts payable17/49 | €14,979 | €15,979 | €16,979 | €18,127 | €19,157 | €20,441 | €21,715 | €63,759 | ▲ 194% |
| Amounts payable after more than one year17 | €14,979 | €15,979 | €16,979 | €17,779 | €18,809 | €19,709 | €21,715 | €61,599 | ▲ 184% |
| Other amounts payable178/9 | - | - | - | €17,779 | €18,809 | €19,709 | €21,715 | €61,599 | ▲ 184% |
| Amounts payable within one year42/48 | - | - | - | €348 | €348 | €732 | - | €2,160 | - |
| Financial debts43 | - | - | - | - | - | - | - | €32 | - |
| Credit institutions430/8 | - | - | - | - | - | - | - | €32 | - |
| Trade debts44 | - | - | - | €348 | €348 | €732 | - | €2,127 | - |
| Suppliers440/4 | - | - | - | €348 | €348 | €732 | - | €2,127 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,551 | -€981 | -€954 | -€1,035 | -€1,230 | -€1,101 | -€1,323 | -€10,462 | ▼ 691% |
| Operating cash flow (approximation) | -€1,551 | -€981 | -€954 | -€1,035 | -€1,230 | -€1,101 | -€1,323 | -€10,462 | ▼ 691% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €19 | €46 | €112 | -€200 | €38 | -€49 | -€24 | ▲ 50.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 6,619 companies had the same profile as IATEC has now. Two years later, 84.5% were still going and 4.5% had gone bankrupt.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of IATEC itself: 2.6% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,619 companies, not a prediction for IATEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00491859 | |
| 31-12-2024 | micro format | 10-07-2025 | 2025-00265953 | |
| 31-12-2023 | micro format | 01-06-2024 | 2024-00111639 | |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00441205 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20426272 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-66000165 | |
| 31-12-2019 | micro format | 23-10-2020 | 2020-64300582 | |
| 31-12-2018 | micro format | 10-12-2019 | 2019-75900593 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-60900418 | |
| 31-12-2016 | micro format | 11-09-2017 | 2017-61000307 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 20-11-2025 Converted to unavailable equity · €24,789.35
- 20-11-2025 Converted to unavailable equity · €2,478.94
- 20-11-2025 Converted to available equity
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| CHRISTIAENS Rudy |
|
| David and co |
|
| David and co S.a |
|
| Langendries Michèle |
|
Articles of association
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Nominatives, 100”
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs proportionnellement nombre actions, mêmes formalités si non actionnaires de plein droit”
Articles of association, deed of 20-11-2025 (in French)
Network & group
Companies at the same address
17 other companies- IATEC SECURITY Registered office · since 2024 1012759875
- O'SEANT PARTNER Registered office · since 2022 0432706607
- Nemo Registered office · since 2021 0421273077
- L'Aide Fiscale et Comptable Registered office · since 2018 0407853623
- O'SEANT Registered office · since 2018 0819038405
- ROMANA Registered office · since 2018 0436769323
- MANAGING BUSINESS Registered office · since 2017 0446577607
- FC CONCEPT Registered office · since 2016 0661873461
- O’SEANT COMPTA Registered office · since 2011 0834968971
- PERSPECTIF Establishment · since 2010 0822906626
Connections & network
See the function holders in the KBO register.
Timeline
Acts, filings and financial milestones
20-11
Gazette deed
Company renamed from NEW ORTELIUS to IATECReappointments: CHRISTIAENS Rudy (director) and David and co (director) · Permanent representative: DUSENE Rudy · Registered office clause13 points ▸
- Director reappointment, CHRISTIAENS Rudy (director)
- Director reappointment, David and co (director)
- Permanent representative, DUSENE Rudy
- Registered office clause, “6040 Jumet, place du Ballon”, 24 (deed in French)
- General meeting, 17-11-2025
- Name change, IATEC
- Purpose change
- Other provision, “rapport article 5:101 Code des sociétés et des associations, depuis plus de quinze jours” (deed in French)
- Legal-form conversion, “société à responsabilité limitée” (deed in French)
- Capital conversion, “compte capitaux propres apports statutairement indisponibles société à responsabilité limitée” (deed in French)
- Capital conversion, “compte capitaux propres réserves statutairement indisponibles société à responsabilité limitée” (deed in French)
- Capital conversion, “distribution future, conditions formes et majorités modification statuts” (deed in French)
- The act holds 1 more point.
02-10
Gazette deed
Registered office moved from Lessines to JumetNew seat: place du ballon 24 à 6040 Jumet · Previous seat: Rue du progrès 4 boite 1 7860 Lessines · Resignation: Langendries Michèle (director)5 points ▸
- Director resignation, Langendries Michèle (director)
- Director appointment, Christiaens Rudy (director)
- Director appointment, David and co S.a (director)
- Permanent representative, Dusène Rudy
- Registered-office move, place du ballon 24 à 6040 Jumet
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 202510 activities
- Intermédiaires du commerce en produits divers
- Activités d'ingénierie et de conseils techniques,sauf activités des géomètres
- Conception et réalisation de projets intéressant le génie électrique et électronique;le génie minier,chimique,mécanique et industriel,l'ingénierie de systèmes,les techniques de sécurité
- Activités liées aux systèmes de sécurité
- Conseil informatique en tous genre
- La vente de produit informatique
- Installation de systèmes de télécommunication et installation informatique
- Commerce de gros de composants et d’équipements et d’électroniques et télécommunication
- Régie publicitaire et médias
- Location et location-bail de bien
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 52363E0228/00B005 | Wallonia | 1,115 m² | 1 · 65 m² | 12.8 m · 4 |