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IMMO IRIS

Active
Public limited companyfounded 1995active for 30 yearsCentrum-Zuid 3401, 3530 Houthalen-Helchteren, Belgium14 active companies are registered at this addressKBO/BCE: BE 0456.438.745
Summary

IMMO IRIS has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €25.4m and a net result of €938,992. Equity is growing by about 3.7% per year across the filed financial years. Its solvency ranks better than 73% of 121 sector peers (NACE 68, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2026, full format

2026 annual accounts filed late (29 days) Filed on 29 September 2026, deadline 31 August 2026 (7 months after the close on 31 January 2026, Companies Code art. 3:10). Source: NBB, 2026-00533011.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€938,992▲ 11.4%
2025 · €842,727
Working capital
€22.3m▲ 27.3%
2025 · €17.5m
Trend over the years

2022 to 2026, 5 financial years 2019 to 2026, 8 financial years

After the dip in 2024 the operating result has climbed two years in a row; 2026 is 8% above 2025.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€1.1m 2026 Net result€0.9m 2026

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20192020202120222023202420252026
Operating result€5.8m-€1.2m▼ 79.1%€0.6m▼ 54.4%€1.8m▲ 226%€1.0m▼ 46.1%€1.0m▼ 0.8%€1.0m▲ 7.3%€1.1m▲ 7.9%
Net result€4.0m-€0.8m▼ 80.9%€0.5mabove the sector's middle half▼ 38.8%€1.4mabove the sector's middle half▲ 199%€0.9mabove the sector's middle half▼ 37.9%€0.8mabove the sector's middle half▼ 10.6%€0.8mabove the sector's middle half▲ 7.4%€0.9m▲ 11.4%
Equity€20.0m-€20.4m▲ 2.1%€20.5mabove the sector's middle half▲ 0.5%€21.9mabove the sector's middle half▲ 6.9%€22.8mabove the sector's middle half▲ 4.0%€23.6mabove the sector's middle half▲ 3.4%€24.4mabove the sector's middle half▲ 3.6%€25.4m▲ 3.8%
Total assets€47.1m-€44.5m▼ 5.7%€46.4mabove the sector's middle half▲ 4.4%€44.2mabove the sector's middle half▼ 4.8%€41.8mabove the sector's middle half▼ 5.5%€40.9mabove the sector's middle half▼ 2.2%€38.5mabove the sector's middle half▼ 5.8%€42.0m▲ 9.1%
Debt€25.1m-€22.1m▼ 12.1%€24.0m▲ 8.5%€20.3m▼ 15.4%€18.5m▼ 8.8%€16.9m▼ 9.0%€13.7m▼ 18.8%€16.5m▲ 20.1%
Working capital€17.8m-€17.6m▼ 0.9%€15.1mabove the sector's middle half▼ 14.3%€18.9mabove the sector's middle half▲ 25.6%€15.9mabove the sector's middle half▼ 15.8%€16.8mabove the sector's middle half▲ 5.4%€17.5mabove the sector's middle half▲ 4.0%€22.3m▲ 27.3%
Solvency42.4%-45.9%▲ 3.5pp44.2%within the sector's middle half▼ 1.7pp49.7%within the sector's middle half▲ 5.4pp54.6%within the sector's middle half▲ 5.0pp57.8%within the sector's middle half▲ 3.1pp63.5%within the sector's middle half▲ 5.7pp60.4%▼ 3.1pp
Current ratio5.97-9.73▲ 3.764.67above the sector's middle half▼ 5.065.77above the sector's middle half▲ 1.113.77above the sector's middle half▼ 2.004.21above the sector's middle half▲ 0.446.05above the sector's middle half▲ 1.848.87▲ 2.82
Return on assets (ROA)8.6%-1.7%▼ 6.8pp1.0%within the sector's middle half▼ 0.7pp3.2%within the sector's middle half▲ 2.2pp2.1%within the sector's middle half▼ 1.1pp1.9%within the sector's middle half▼ 0.2pp2.2%within the sector's middle half▲ 0.3pp2.2%=
above within below the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €42.0m
Fixed assets €16.9m ▼ 3.6%
Current assets €25.1m ▲ 19.8%
Equity and liabilities €42.0m
Equity €25.4m ▲ 3.8%
Provisions €183,805 ▼ 49.5%
Debt €16.5m ▲ 20.1%
Debt's share of the balance-sheet total rises from 35.6% to 39.2%. Equity and debt are higher.
Key figures and ratios
2026 value · change against 2025
EBITDA
€1.7m▲
2025 · €1.6m
Cash flow
€1.5m▲
2025 · €1.4m
Debt to equity
0.65▲
2025 · 0.56
ROE
3.7%▲
2025 · 3.4%
Interest coverage
4.24▲
2025 · 3.83
Debt ≤ 1 year
€2.8m▼
2025 · €3.5m
Debt > 1 year
€13.6m▲
2025 · €10.2m
Income taxes
€538,724▲
2025 · €328,538
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 513 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 96.1% are still going.

  • Large
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.8% went bankrupt
3.1% stopped otherwise
96.1% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 513 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 · 2026 against 2025 · 60 lines
Balance sheet Code20252026
Assets
Total assets20/58€38.5m€42.0m▲
Fixed assets21/28€17.6m€16.9m▼
Tangible fixed assets22/27€17.5m€16.9m▼
Land and buildings22€17.5m€16.9m▼
Financial fixed assets28€0.03m€0.002m▼
Current assets29/58€20.9m€25.1m▲
Amounts receivable after more than one year29€0.005m€25.0m▲
Other amounts receivable291€0.005m€25.0m▲
Amounts receivable within one year40/41€20.8m€0.03m▼
Trade receivables40€254-
Other amounts receivable41€20.8m€0.03m▼
Cash at bank and in hand54/58€0.1m€0.04m▼
Deferred charges and accrued income490/1€0.001m€0▼
Equity and liabilities
Total equity and liabilities10/49€38.5m€42.0m▲
Equity10/15€24.4m€25.4m▲
Contributions10/11€11.4m€11.4m=
Capital10€11.4m€11.4m=
Issued capital100€11.4m€11.4m=
Reserves13€13.1m€14.0m▲
Non-distributable reserves130/1€0.6m€0.6m▲
Legal reserve130€0.6m€0.6m▲
Tax-exempt reserves132€3.0m€2.5m▼
Distributable reserves133€9.5m€10.9m▲
Provisions and deferred taxes16€0.4m€0.2m▼
Deferred taxes168€0.4m€0.2m▼
Amounts payable17/49€13.7m€16.5m▲
Amounts payable after more than one year17€10.2m€13.6m▲
Financial debts170/4€10.2m€13.6m▲
Amounts payable within one year42/48€3.5m€2.8m▼
Current portion of amounts payable after more than one year42€1.4m€1.3m▼
Trade debts44€0.08m€0.1m▲
Suppliers440/4€0.08m€0.1m▲
Taxes, remuneration and social security45€0.3m€0.7m▲
Taxes450/3€0.3m€0.7m▲
Other amounts payable47/48€1.7m€0.7m▼
Accrued charges and deferred income492/3€0.001m€0.01m▲
Income statement Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.6m€0.6m=
Other operating charges640/8€0.2m€0.2m▼
Non-recurring operating charges66A-€0.009m
Gross operating margin9900€1.8m€1.9m▲
Operating profit (loss)9901€1.0m€1.1m▲
Financial income75/76B€0.5m€0.6m▲
Recurring financial income75€0.5m€0.6m▲
Financial charges65/66B€0.4m€0.4m▼
Recurring financial charges65€0.4m€0.4m▼
Profit (loss) for the period before taxes9903€1.1m€1.3m▲
Transfer from deferred taxes780€0.03m€0.2m▲
Income taxes67/77€0.3m€0.5m▲
Profit (loss) for the period9904€0.8m€0.9m▲
Transfer from tax-exempt reserves789€0.1m€0.5m▲
Transfer to tax-exempt reserves689€0.3m-
Profit (loss) for the period to be appropriated9905€0.7m€1.5m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.7m€1.5m▲
Transfer to equity691/2€0.7m€1.5m▲
To the legal reserve6920€0.03m€0.07m▲
To other reserves6921€0.6m€1.4m▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Directors or managers695€0-
Employees696€0-

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023202420252026Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.8m€0.8m€0.8m€0.6m€0.6m€0.6m€0.6m€0.6m=
Other operating charges640/8---€0.2m€0.2m€0.2m€0.2m€0.2m▼ 1.8%
Non-recurring operating charges66A-------€0.009m-
Gross operating margin9900€7.0m€2.1m€1.5m€2.6m€1.7m€1.7m€1.8m€1.9m▲ 4.9%
Operating profit (loss)9901€5.8m€1.2m€0.6m€1.8m€1.0m€1.0m€1.0m€1.1m▲ 7.9%
Financial income75/76B---€0.5m€0.6m€0.6m€0.5m€0.6m▲ 10.2%
Recurring financial income75€0.3m€0.3m€0.4m€0.5m€0.6m€0.6m€0.5m€0.6m▲ 10.2%
Financial charges65/66B---€0.4m€0.4m€0.5m€0.4m€0.4m▼ 5.1%
Recurring financial charges65€0.9m€0.6m€0.5m€0.4m€0.4m€0.5m€0.4m€0.4m▼ 5.1%
Profit (loss) for the period before taxes9903€5.3m€1.0m€0.5m€1.9m€1.2m€1.1m€1.1m€1.3m▲ 13.9%
Transfer from deferred taxes780---€0.1m€1.5m€0.03m€0.03m€0.2m▲ 465%
Transfer to deferred taxes680---€0.1m-----
Income taxes67/77€0.1m€0.2m€0.08m€0.5m€1.8m€0.3m€0.3m€0.5m▲ 64.0%
Profit (loss) for the period9904€4.0m€0.8m€0.5m€1.4m€0.9m€0.8m€0.8m€0.9m▲ 11.4%
Transfer from tax-exempt reserves789---€1.3m€3.6m€0.1m€0.1m€0.5m▲ 465%
Transfer to tax-exempt reserves689---€0.4m-€0.6m€0.3m--
Profit (loss) for the period to be appropriated9905€0.6m€0.9m€0.6m€2.3m€4.5m€0.3m€0.7m€1.5m▲ 121%
Line20192020202120222023202420252026Change
Assets
Total assets20/58€47.1m€44.5m€46.4m€44.2m€41.8m€40.9m€38.5m€42.0m▲ 9.1%
Fixed assets21/28€25.8m€24.9m€27.2m€21.3m€20.1m€18.8m€17.6m€16.9m▼ 3.6%
Tangible fixed assets22/27€25.8m€24.9m€24.1m€19.4m€18.8m€18.2m€17.5m€16.9m▼ 3.5%
Land and buildings22---€19.4m€18.8m€18.2m€17.5m€16.9m▼ 3.5%
Financial fixed assets28€0.002m€0.002m€3.2m€1.9m€1.3m€0.7m€0.03m€0.002m▼ 94.1%
Current assets29/58€21.3m€19.6m€19.2m€22.9m€21.7m€22.0m€20.9m€25.1m▲ 19.8%
Amounts receivable after more than one year29---€0.005m€0.005m€0.005m€0.005m€25.0m▲ 545,320%
Other amounts receivable291---€0.005m€0.005m€0.005m€0.005m€25.0m▲ 545,320%
Amounts receivable within one year40/41€11.8m€12.6m€16.2m€21.5m€21.1m€21.4m€20.8m€0.03m▼ 99.9%
Trade receivables40---€200€0.01m€0.002m€254--
Other amounts receivable41---€21.5m€21.1m€21.4m€20.8m€0.03m▼ 99.9%
Cash at bank and in hand54/58€8.6m€6.6m€2.5m€0.9m€0.008m€0.05m€0.1m€0.04m▼ 68.4%
Deferred charges and accrued income490/1---€0.5m€0.5m€0.6m€0.001m€0▼ 100%
Equity and liabilities
Total equity and liabilities10/49€47.1m€44.5m€46.4m€44.2m€41.8m€40.9m€38.5m€42.0m▲ 9.1%
Equity10/15€20.0m€20.4m€20.5m€21.9m€22.8m€23.6m€24.4m€25.4m▲ 3.8%
Contributions10/11€11.4m€11.4m€11.4m€11.4m€11.4m€11.4m€11.4m€11.4m=
Capital10---€11.4m€11.4m€11.4m€11.4m€11.4m=
Issued capital100---€11.4m€11.4m€11.4m€11.4m€11.4m=
Reserves13€8.6m€9.1m€9.2m€10.6m€11.5m€12.2m€13.1m€14.0m▲ 7.2%
Non-distributable reserves130/1---€0.3m€0.5m€0.5m€0.6m€0.6m▲ 13.3%
Legal reserve130---€0.3m€0.5m€0.5m€0.6m€0.6m▲ 13.3%
Tax-exempt reserves132---€5.9m€2.4m€2.8m€3.0m€2.5m▼ 17.9%
Distributable reserves133---€4.4m€8.6m€8.9m€9.5m€10.9m▲ 14.8%
Provisions and deferred taxes16€2.0m€1.9m€1.9m€1.9m€0.4m€0.4m€0.4m€0.2m▼ 49.5%
Deferred taxes168---€1.9m€0.4m€0.4m€0.4m€0.2m▼ 49.5%
Amounts payable17/49€25.1m€22.1m€24.0m€20.3m€18.5m€16.9m€13.7m€16.5m▲ 20.1%
Amounts payable after more than one year17€21.3m€19.8m€19.6m€16.1m€12.5m€11.3m€10.2m€13.6m▲ 33.0%
Financial debts170/4---€16.1m€12.5m€11.3m€10.2m€13.6m▲ 33.0%
Amounts payable within one year42/48€3.6m€2.0m€4.1m€4.0m€5.8m€5.2m€3.5m€2.8m▼ 18.3%
Current portion of amounts payable after more than one year42---€3.6m€3.6m€2.7m€1.4m€1.3m▼ 6.5%
Trade debts44€0.3m€0.2m€0.1m€0.1m€0.1m€0.08m€0.08m€0.1m▲ 28.7%
Suppliers440/4---€0.1m€0.1m€0.08m€0.08m€0.1m▲ 28.7%
Taxes, remuneration and social security45---€0.3m€2.1m€0.2m€0.3m€0.7m▲ 119%
Taxes450/3---€0.3m€2.1m€0.2m€0.3m€0.7m▲ 119%
Other amounts payable47/48-----€2.2m€1.7m€0.7m▼ 56.4%
Accrued charges and deferred income492/3---€0.3m€0.3m€0.3m€0.001m€0.01m▲ 1,429%
Line20192020202120222023202420252026Change
Profit (loss) for the period9904€4.0m€0.8m€0.5m€1.4m€0.9m€0.8m€0.8m€0.9m▲ 11.4%
+ Depreciation and write-downs630€0.8m€0.8m€0.8m€0.6m€0.6m€0.6m€0.6m€0.6m=
Operating cash flow (approximation)€4.8m€1.5m€1.2m€2.0m€1.5m€1.4m€1.4m€1.5m▲ 6.6%
Investment in fixed assets (approximation)-€0.2m-€3.1m€5.4m€0.6m€0.6m€0.7m€0.03m▼ 96.2%
Change in cash--€2.0m-€4.1m-€1.6m-€0.9m€0.04m€0.06m-€0.08m-

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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Latest 10 of 30 filings with the National Bank
Financial year Type Filed Reference
31-01-2026 full format 29-09-2026 2026-00533011
31-01-2025 abbreviated format 24-09-2025 2025-00500490
31-01-2024 abbreviated format 11-07-2024 2024-00238852
31-01-2023 abbreviated format 26-09-2023 2023-00455105
31-01-2022 abbreviated format 01-07-2022 2022-20165230
31-01-2021 abbreviated format 21-09-2021 2021-67800144
31-01-2020 abbreviated format 05-08-2020 2020-39700039
31-01-2019 abbreviated format 30-08-2019 2019-63300175
31-01-2018 abbreviated format 16-08-2018 2018-46000250
31-01-2017 full format 16-08-2017 2017-44600250

Show all 30 filings

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.