Financials
- Financial year
- 2025
- Total assets
- €21,766
- Loss
- -€16,966
- Solvency
- 42.1%
Turnover▼ 9.3%
Net result
20222023
IGUANE
ActiveSummary
The annual accounts of IGUANE for financial year 2025 show a net loss of 78% of total assets and of 65% of the equity at the start of that year. The 2025 annual accounts show equity of €9,158 and a net result of -€16,966. Equity is shrinking by about 20% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 43% of 4,259 sector peers (NACE 74, financial year 2025). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (low).
Overview
Activity
Photography, excluding press photography
NACE 74201
1 site
Size
€21,766total assets 2025
- Equity
- €9,158
- Loss
- -€16,966
Turnover not published (micro format)
Structure
Accounts 56 days early1 of 4 deeds read
Why 53raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year1 change of registered office in 24 monthsLoss of €16,966, the second in a row (financial year 2025)lowers riskSize: total assets €21,766Sector: Other professional, scientific and technical activities (NACE 74)Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 19% of its sector peers (NACE 74, micro)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
67-32
equity 42.1% of total assets
Liquidity
28-19
short-term debt 57.9% · cash 6.1%
Profitability
0=
return on assets -77.9%
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024lowest value
01-2025: 0.3%▲ +0.2 percentage points vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.2%▼ -0.1 percentage points vs 06-2025
08-2025: 0.2%● unchanged vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.3%▲ +0.1 percentage points vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.8%▲ +0.5 percentage points vs 01-2026highest value
03-2026: 0.8%● unchanged vs 02-2026highest value
04-2026: 0.8%● unchanged vs 03-2026highest value
05-2026: 0.8%● unchanged vs 04-2026highest value
06-2026: 0.8%● unchanged vs 05-2026highest value
07-2026: 0.8%● unchanged vs 06-2026highest value
08-2026: 0.8%● unchanged vs 07-2026highest value
09-2026: 0.8%● unchanged vs 08-2026
10-2026: 0.8%● unchanged vs 09-2026
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.69, compared with 3.62 in 2024, above the usual 1.5; short-term debt: 57.9% and cash: 6.1% of total assets), but 57.9% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 74, micro): better than 44% on solvency, 16% on liquidity, 7% on profitability and 10% on growth.
The bankruptcy probability was computed on 13-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€16,966
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 06-12-2025, 56 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
56 days early
2024
55 days early
2023
44 days early
2022
19 days late
2021
48 days early
2020
5 days early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 27 days before the deadline; the sector median (NACE 74) for financial year 2024 is 3 days before the deadline, and 38% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 14 December (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end14-10-2026 today31-01-2027 deadline
- Registered officeRegistered-office move
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Timeline
- Events
- 37
- Since
- 1993
- Next accounts
- by 31-01-2027
- 18-12-2023Annual accounts filed
- 19-02-2023Annual accounts filed
- 14-12-2021Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Photography, excluding press photographyNACE 74201
- Founded
- 01-06-1991
- Year ends
- 30-06
- Peppol
- Reachable for e-invoices
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