IDRO
ActiveSummary
IDRO has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-310k) and a net result of €-151k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 4.05 against 4.16 in 2024; short-term debt: 18.9% and cash: 56.5% of total assets), but equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-132.1%
Return on assets
-64.2%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 72
Relative position
BE, all sectors
reference
Scientific research and development (NACE 72)
about 30% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-310k
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 06-07-2026, 25 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
25 d early
2024
16 d early
2023
37 d early
2022
55 d early
2021
128 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-310k▼ 94.6%
2024 · €-159k
2021: €1k
2022: €50k▲ +3348% vs 2021
2023: €58k▲ +16.3% vs 2022highest in 5 years
2024: €-159k▼ -372% vs 2023
2025: €-310k▼ -94.6% vs 2024lowest in 5 years
2021 → 2025
Total assets
€234k▼ 59.0%
2024 · €572k
2021: €167k
2022: €126k▼ -24.7% vs 2021lowest in 5 years
2023: €250k▲ +98.3% vs 2022
2024: €572k▲ +129% vs 2023highest in 5 years
2025: €234k▼ -59.0% vs 2024
2021 → 2025
Net result
€-151k▲ 32.5%
2024 · €-223k
2021: €-3k
2022: €49k▲ +2020% vs 2021highest in 5 years
2023: €8k▼ -83.2% vs 2022
2024: €-223k▼ -2813% vs 2023lowest in 5 years
2025: €-151k▲ +32.5% vs 2024
2021 → 2025
Working capital
€135k▼ 62.3%
2024 · €357k
2021: €-56k
2022: €13k▲ +123% vs 2021
2023: €-59k▼ -548% vs 2022lowest in 5 years
2024: €357k▲ +708% vs 2023highest in 5 years
2025: €135k▼ -62.3% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1k-€50k▲ 3,348%€58k▲ 16.3%€-159k€-310k▼ 94.6%
2021: €1k
2022: €50k▲ +3348% vs 2021
2023: €58k▲ +16.3% vs 2022highest in 5 years
2024: €-159k▼ -372% vs 2023
2025: €-310k▼ -94.6% vs 2024lowest in 5 years
Operating result€-2k-€67k€13k▼ 80.1%€-218k€-150k▲ 31.2%
2021: €-2k
2022: €67k▲ +3746% vs 2021highest in 5 years
2023: €13k▼ -80.1% vs 2022
2024: €-218k▼ -1744% vs 2023lowest in 5 years
2025: €-150k▲ +31.2% vs 2024
Net result€-3k-€49k€8k▼ 83.2%€-223k€-151k▲ 32.5%
2021: €-3k
2022: €49k▲ +2020% vs 2021highest in 5 years
2023: €8k▼ -83.2% vs 2022
2024: €-223k▼ -2813% vs 2023lowest in 5 years
2025: €-151k▲ +32.5% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €150k in 2025 against €218k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €234k
Fixed assets
€55k ▼ 45.6%
Current assets
€179k ▼ 61.9%
Key figures and ratios
EBITDA
€-114k▲
2024 · €-174k
Cash flow
€-114k▲
2024 · €-179k
Solvency
-132.1%▼
2024 · -27.8%
Current ratio
4.05▼
2024 · 4.16
Debt to equity
-1.76▲
2024 · -4.59
ROA
-64.2%▼
2024 · -39.0%
Interest coverage
-173.79▼
2024 · -37.88
Debt
€544k▼
2024 · €731k
Debt ≤ 1 year
€44k▼
2024 · €113k
Debt > 1 year
€497k▼
2024 · €615k
Staff costs
€115k▼
2024 · €118k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€572k€234k▼
Fixed assets21/28€102k€55k▼
Intangible fixed assets21€61k€35k▼
Tangible fixed assets22/27€40k€21k▼
Plant, machinery and equipment23€24k€19k▼
Furniture and vehicles24€16k€1k▼
Current assets29/58€470k€179k▼
Amounts receivable within one year40/41€4k€42k▲
Trade receivables40€350€39k▲
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€460k€132k▼
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€572k€234k▼
Equity10/15€-159k€-310k▼
Contributions10/11€9k€9k=
Profit (loss) carried forward14€-168k€-319k▼
Amounts payable17/49€731k€544k▼
Amounts payable after more than one year17€615k€497k▼
Advances received on contracts in progress176€615k€497k▼
Amounts payable within one year42/48€113k€44k▼
Current portion of amounts payable after more than one year42€20k-
Trade debts44€57k€21k▼
Suppliers440/4€57k€21k▼
Taxes, remuneration and social security45€20k€3k▼
Taxes450/3€3k€24▼
Remuneration and social security454/9€17k€3k▼
Other amounts payable47/48€16k€20k▲
Accrued charges and deferred income492/3€3k€3k▲
Income statement
Code20242025
Non-recurring operating income76A-€9k
Remuneration, social security and pensions62€118k€115k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€37k▼
Other operating charges640/8€1k€550▼
Gross operating margin9900€-55k€2k▲
Operating profit (loss)9901€-218k€-150k▲
Financial income75/76B€100€480▲
Recurring financial income75€100€480▲
Financial charges65/66B€5k€654▼
Recurring financial charges65€5k€654▼
Profit (loss) for the period before taxes9903€-223k€-151k▲
Profit (loss) for the period9904€-223k€-151k▲
Profit (loss) for the period to be appropriated9905€-223k€-151k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-223k€-319k▼
Profit (loss) brought forward from the previous period14P-€-168k
Transfer from equity791/2€54k-
Social balance
Average headcount (FTE)90872.32.5▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €235 | - | - | €9k | - |
| Remuneration, social security and pensions62 | - | €65k | €92k | €118k | €115k | ▼ 2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €14k | €14k | €44k | €37k | ▼ 17.2% |
| Other operating charges640/8 | - | €350 | €1k | €1k | €550 | ▼ 58.3% |
| Gross operating margin9900 | €21k | €146k | €120k | €-55k | €2k | ▲ 103% |
| Operating profit (loss)9901 | €-2k | €67k | €13k | €-218k | €-150k | ▲ 31.2% |
| Financial income75/76B | - | €22 | - | €100 | €480 | ▲ 381% |
| Recurring financial income75 | €15 | €22 | - | €100 | €480 | ▲ 381% |
| Financial charges65/66B | - | €4k | €2k | €5k | €654 | ▼ 85.8% |
| Recurring financial charges65 | €725 | €4k | €2k | €5k | €654 | ▼ 85.8% |
| Profit (loss) for the period before taxes9903 | €-3k | €63k | €11k | €-223k | €-151k | ▲ 32.5% |
| Income taxes67/77 | - | €14k | €3k | - | - | - |
| Profit (loss) for the period9904 | €-3k | €49k | €8k | €-223k | €-151k | ▲ 32.5% |
| Profit (loss) for the period to be appropriated9905 | €-3k | €49k | €8k | €-223k | €-151k | ▲ 32.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €167k | €126k | €250k | €572k | €234k | ▼ 59.0% |
| Fixed assets21/28 | €59k | €41k | €119k | €102k | €55k | ▼ 45.6% |
| Intangible fixed assets21 | €23k | €12k | €98k | €61k | €35k | ▼ 43.6% |
| Tangible fixed assets22/27 | €36k | €28k | €21k | €40k | €21k | ▼ 48.5% |
| Plant, machinery and equipment23 | - | - | - | €24k | €19k | ▼ 20.4% |
| Furniture and vehicles24 | - | €28k | €21k | €16k | €1k | ▼ 91.9% |
| Current assets29/58 | €109k | €85k | €131k | €470k | €179k | ▼ 61.9% |
| Amounts receivable within one year40/41 | €103k | €68k | €87k | €4k | €42k | ▲ 885% |
| Trade receivables40 | - | €67k | €70k | €350 | €39k | ▲ 11,064% |
| Other amounts receivable41 | - | €464 | €17k | €4k | €3k | ▼ 33.6% |
| Cash at bank and in hand54/58 | €4k | €12k | €38k | €460k | €132k | ▼ 71.2% |
| Deferred charges and accrued income490/1 | - | €6k | €6k | €6k | €5k | ▼ 19.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €167k | €126k | €250k | €572k | €234k | ▼ 59.0% |
| Equity10/15 | €1k | €50k | €58k | €-159k | €-310k | ▼ 94.6% |
| Contributions10/11 | - | €4k | €4k | €9k | €9k | = |
| Reserves13 | - | €46k | €54k | - | - | - |
| Distributable reserves133 | - | €46k | €54k | - | - | - |
| Profit (loss) carried forward14 | €-3k | - | - | €-168k | €-319k | ▼ 89.4% |
| Amounts payable17/49 | €166k | €76k | €191k | €731k | €544k | ▼ 25.6% |
| Amounts payable after more than one year17 | - | - | - | €615k | €497k | ▼ 19.3% |
| Advances received on contracts in progress176 | - | - | - | €615k | €497k | ▼ 19.3% |
| Amounts payable within one year42/48 | €165k | €72k | €189k | €113k | €44k | ▼ 60.8% |
| Current portion of amounts payable after more than one year42 | - | €45k | €60k | €20k | - | - |
| Trade debts44 | €6k | €3k | €79k | €57k | €21k | ▼ 62.7% |
| Suppliers440/4 | - | €3k | €79k | €57k | €21k | ▼ 62.7% |
| Taxes, remuneration and social security45 | - | €23k | €50k | €20k | €3k | ▼ 85.8% |
| Taxes450/3 | - | €14k | €17k | €3k | €24 | ▼ 99.1% |
| Remuneration and social security454/9 | - | €9k | €33k | €17k | €3k | ▼ 83.6% |
| Other amounts payable47/48 | - | €1k | €247 | €16k | €20k | ▲ 28.1% |
| Accrued charges and deferred income492/3 | - | €3k | €2k | €3k | €3k | ▲ 7.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-3k | €49k | €8k | €-223k | €-151k | ▲ 32.5% |
| + Depreciation and write-downs630 | €4k | €14k | €14k | €44k | €37k | ▼ 17.2% |
| Operating cash flow (approximation) | €2k | €63k | €22k | €-179k | €-114k | ▲ 36.3% |
| Investment in fixed assets (approximation) | - | €4k | €-92k | €-27k | €10k | ▲ 136% |
| Change in cash | - | €7k | €26k | €422k | €-327k | ▼ 178% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
15-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-223k
Net result drops to €-223k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 6current ratio 4.16
Current ratio from 0.69 to 4.16; short-term debt falls from €189k to €113k.
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €49k
Net result €49k after one loss-making year.
25-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
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.
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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, Antwerpen · 1 establishment unit since 2021
Ground area
1,886 m²
Building footprint
276 m²
Volume, LiDAR
7,046 m³
Parcel 11342A0330/00G006, Flanders · tallest building 28.8 m, ±9 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
IDRO
since 20212.314.555.404
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11342A0330/00G006 | Flanders | 1,886 m² | 1 · 276 m² | 28.8 m · 9 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 9 entries · 518,339 EUR awarded · 420,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 6 | 0 EUR | 210,000 EUR |
| 2024 | 1 | 463,435 EUR | 185,000 EUR |
| 2023 | 1 | 50,000 EUR | 25,000 EUR |
| 2022 | 1 | 4,904 EUR | 0 EUR |
Schemes
Ontwikkelingsproject
O&O-haalbaarheidsstudie
Baekeland-mandaat
European Union, budget
2024 · 1 entry · 792,739 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2024 | 1 | 792,739 EUR |
Projects
IRHIS - IRHIS - INTEROPERABLE REMOTE HEALTH INNOVATION BROUGHT TO SCALE
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Of 762 companies in sector 72101 we hold annual accounts for 481. 255 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
72101Research and development on biotechnology
72109Other research and development on natural sciences
Contact
E-mail
mpe.gijssel@kinetic-analysis.com
Scores and ratios are computed by Checked and are not a credit decision.