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IATRON

Active
Private limited companyfounded 199036 yrs activeKoninklijke Sinte-Mariastraat 113, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0440.482.344
Summary

IATRON has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €243,579 and a net result of -€5,600. Equity is shrinking by ~11.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.3% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability78=
Solvency100=
Growth37▼-2
Track record100
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.97 against 2.6 in 2024; short-term debt: 3.7% and cash: 0.8% of total assets), and 13.6% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 36 years 0 40 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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 · 10 filings
Deviation from the deadline
2025
27 d late
2024
31 d late
2023
29 d late
2022
25 d late
2021
11 d late
2020
24 d late
2019
27 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 25 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

IATRON was incorporated on 28 March 1990.1 Revenue grew from EUR 17,819 in 2018 to EUR 22,773 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, micro schema

Turnover
€22,773▼ 5.9%
2024 · €24,203
EBIT margin
-20.7%▼ 7.3pp
2024 · -13.4%
Net result
-€5,600▼ 33.2%
2024 · -€4,203
Working capital
€20,723▲ 10.4%
2024 · €18,776
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€17,601€23,274▲ 32.2%€20,294▼ 12.8%€24,203▲ 19.3%€22,773▼ 5.9%
Operating result-€14,478▲ 18.1%-€52,542▼ 263%-€7,761▲ 85.2%-€3,244▲ 58.2%-€4,706▼ 45.1%
Net result-€12,178▼ 731%-€53,876▼ 342%-€9,064▲ 83.2%-€4,203▲ 53.6%-€5,600▼ 33.2%
EBIT margin-82.3%-225.8%▼ 143.5pp-38.2%▲ 187.5pp-13.4%▲ 24.8pp-20.7%▼ 7.3pp
Equity€316,321▼ 37.2%€262,445▼ 17.0%€253,381▼ 3.5%€249,178▼ 1.7%€243,579▼ 2.2%
Total assets€316,371▼ 37.2%€381,685▲ 20.6%€301,940▼ 20.9%€293,538▼ 2.8%€281,777▼ 4.0%
Debt€50▼ 50.0%€119,240▲ 239,723%€48,559▼ 59.3%€44,360▼ 8.6%€38,198▼ 13.9%
Working capital€311,837▼ 37.0%€17,198▼ 94.5%€17,590▲ 2.3%€18,776▲ 6.7%€20,723▲ 10.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2021: -€14,478-€14,478Net result 2021: -€12,178-€12,178Operating result 2022: -€52,542-€52,542Net result 2022: -€53,876-€53,876Operating result 2023: -€7,761-€7,761Net result 2023: -€9,064-€9,064Operating result 2024: -€3,244-€3,244Net result 2024: -€4,203-€4,203Operating result 2025: -€4,706-€4,706Net result 2025: -€5,600-€5,60020212022202320242025-€10,000-€7,500-€5,000-€2,500€0Operating result 2023: -€7,761-€7,760Net result 2023: -€9,064-€9,060Operating result 2024: -€3,244-€3,240Net result 2024: -€4,203-€4,200Operating result 2025: -€4,706-€4,710Net result 2025: -€5,600-€5,600202320242025
The operating result stays negative: a loss of €4,706 in 2025 against €3,244 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €281,777
Fixed assets €250,528 ▼ 4.7%
Current assets €31,249 ▲ 2.3%
Equity and liabilities €281,777
Equity €243,579 ▼ 2.2%
Debt €38,198 ▼ 13.9%
Debt's share of the balance-sheet total falls from 15.1% to 13.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11,647▼
2024 · €12,516
Cash flow
€10,754▼
2024 · €11,557
Current ratio
2.97▲
2024 · 2.60
Debt to equity
0.16▼
2024 · 0.18
ROE
-2.3%▼
2024 · -1.7%
ROA
-2.0%▼
2024 · -1.4%
Interest coverage
13.04▼
2024 · 13.05
Debt ≤ 1 year
€10,526▼
2024 · €11,762
Debt > 1 year
€27,673▼
2024 · €32,599
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.5% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€293,538€281,777▼
Fixed assets21/28€263,001€250,528▼
Tangible fixed assets22/27€263,001€250,528▼
Land and buildings22€256,808€241,808▼
Plant, machinery and equipment23€6,193€8,720▲
Current assets29/58€30,537€31,249▲
Amounts receivable within one year40/41€3,500€3,500=
Other amounts receivable41€3,500€3,500=
Current investments50/53€25,200€25,200=
Cash at bank and in hand54/58€1,837€2,293▲
Deferred charges and accrued income490/1-€256
Equity and liabilities
Total equity and liabilities10/49€293,538€281,777▼
Equity10/15€249,178€243,579▼
Contributions10/11€18,592€18,592=
Reserves13€222,930€211,937▼
Non-distributable reserves130/1€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859=
Tax-exempt reserves132€205,890€194,896▼
Distributable reserves133€15,181€15,181=
Profit (loss) carried forward14€7,656€13,050▲
Amounts payable17/49€44,360€38,198▼
Amounts payable after more than one year17€32,599€27,673▼
Financial debts170/4€32,599€27,673▼
Amounts payable within one year42/48€11,762€10,526▼
Current portion of amounts payable after more than one year42€4,829€4,926▲
Other amounts payable47/48€6,933€5,600▼
Income statement Code20242025
Turnover70€24,203€22,773▼
Goods, raw materials, services and sundry goods60/61€9,725€9,055▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,760€16,353▲
Other operating charges640/8€1,962€2,071▲
Gross operating margin9900€14,478€13,718▼
Operating profit (loss)9901-€3,244-€4,706▼
Financial charges65/66B€959€893▼
Recurring financial charges65€959€893▼
Profit (loss) for the period before taxes9903-€4,203-€5,600▼
Profit (loss) for the period9904-€4,203-€5,600▼
Transfer from tax-exempt reserves789€10,994€10,994=
Profit (loss) for the period to be appropriated9905€6,790€5,394▼
Appropriation of the result
Profit (loss) to be appropriated9906€7,656€13,050▲
Profit (loss) brought forward from the previous period14P€865€7,656▲

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€17,601€23,274€20,294€24,203€22,773▼ 5.9%
Goods, raw materials, services and sundry goods60/61€32,551€53,942€12,495€9,725€9,055▼ 6.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,485€17,676€15,108€15,760€16,353▲ 3.8%
Other operating charges640/8€538€5,568€2,201€1,962€2,071▲ 5.5%
Gross operating margin9900-€9,456-€29,298€9,549€14,478€13,718▼ 5.3%
Operating profit (loss)9901-€14,478-€52,542-€7,761-€3,244-€4,706▼ 45.1%
Financial income75/76B€2,896-----
Recurring financial income75€2,396-----
Non-recurring financial income76B€500-----
Financial charges65/66B€546€1,272€1,303€959€893▼ 6.9%
Recurring financial charges65€546€1,272€1,303€959€893▼ 6.9%
Profit (loss) for the period before taxes9903-€12,129-€53,814-€9,064-€4,203-€5,600▼ 33.2%
Income taxes67/77€50€62----
Profit (loss) for the period9904-€12,178-€53,876-€9,064-€4,203-€5,600▼ 33.2%
Transfer from tax-exempt reserves789-€9,668€10,994€10,994€10,994=
Profit (loss) for the period to be appropriated9905-€12,178-€44,208€1,930€6,790€5,394▼ 20.6%
Line20212022202320242025Change
Assets
Total assets20/58€316,371€381,685€301,940€293,538€281,777▼ 4.0%
Fixed assets21/28€4,484€286,808€272,619€263,001€250,528▼ 4.7%
Tangible fixed assets22/27€4,484€286,808€272,619€263,001€250,528▼ 4.7%
Land and buildings22-€286,808€271,808€256,808€241,808▼ 5.8%
Plant, machinery and equipment23--€811€6,193€8,720▲ 40.8%
Furniture and vehicles24€4,484-----
Current assets29/58€311,886€94,877€29,321€30,537€31,249▲ 2.3%
Amounts receivable within one year40/41€225,270€3,500€3,500€3,500€3,500=
Trade receivables40€3,112-----
Other amounts receivable41€222,158€3,500€3,500€3,500€3,500=
Current investments50/53€85,200€85,200€25,200€25,200€25,200=
Cash at bank and in hand54/58€775€3,815€621€1,837€2,293▲ 24.8%
Deferred charges and accrued income490/1€642€2,362--€256-
Equity and liabilities
Total equity and liabilities10/49€316,371€381,685€301,940€293,538€281,777▼ 4.0%
Equity10/15€316,321€262,445€253,381€249,178€243,579▼ 2.2%
Contributions10/11€18,592€18,592€18,592€18,592€18,592=
Reserves13€254,586€244,918€233,924€222,930€211,937▼ 4.9%
Non-distributable reserves130/1€1,859€1,859€1,859€1,859€1,859=
Reserves not available under the articles1311€1,859€1,859€1,859€1,859€1,859=
Tax-exempt reserves132€237,546€227,877€216,884€205,890€194,896▼ 5.3%
Distributable reserves133€15,181€15,181€15,181€15,181€15,181=
Profit (loss) carried forward14€43,143-€1,065€865€7,656€13,050▲ 70.5%
Amounts payable17/49€50€119,240€48,559€44,360€38,198▼ 13.9%
Amounts payable after more than one year17-€41,562€36,828€32,599€27,673▼ 15.1%
Financial debts170/4-€41,562€36,828€32,599€27,673▼ 15.1%
Amounts payable within one year42/48€50€77,678€11,731€11,762€10,526▼ 10.5%
Current portion of amounts payable after more than one year42-€4,641€4,734€4,829€4,926▲ 2.0%
Trade debts44-€56,912----
Suppliers440/4-€56,912----
Taxes, remuneration and social security45€50€112€62---
Taxes450/3€50€112€62---
Other amounts payable47/48-€16,014€6,935€6,933€5,600▼ 19.2%
Line20212022202320242025Change
Profit (loss) for the period9904-€12,178-€53,876-€9,064-€4,203-€5,600▼ 33.2%
+ Depreciation and write-downs630€4,485€17,676€15,108€15,760€16,353▲ 3.8%
Operating cash flow (approximation)-€7,694-€36,200€6,045€11,557€10,754▼ 6.9%
Investment in fixed assets (approximation)--€300,000-€919-€6,142-€3,880▲ 36.8%
Change in cash-€3,040-€3,194€1,216€456▼ 62.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Liquidity doublescurrent ratio 2.50
Current ratio from 1.22 to 2.50; short-term debt falls from €77,678 to €11,731.
25-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial Weakest financial yearnet -€53,876
Net result drops to -€53,876, the lowest in the series; recovery starts the following year.
11-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 11 days late
2021
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial Liquidity doublescurrent ratio 4975.66
Current ratio from 2106.46 to 4975.66; short-term debt falls from €233 to €99.
27-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial Liquidity times 12current ratio 2106.46
Current ratio from 173.54 to 2106.46; short-term debt falls from €2,831 to €233.
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
22-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Schaarbeek · 1 establishment unit since 1990
seat establishment The establishment unit on the map
Ground area
229 m²
Building footprint
206 m²
Volume, LiDAR
2,880 m³
Parcel 21909E0226/00F004, Brussels · tallest building 20.4 m, ±5 floors. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Koninklijke Sinte-Mariastraat 113, 1030 Schaarbeek
NACE 85120
since 19902.217.314.288
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21909E0226/00F004 Brussels 229 m² 1 · 206 m² 20.4 m · 5 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded28-03-1990
Fiscal year end31-12
Contact
E-mail stelios.choustoulakis@skynet.be
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.