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IO & ALTRO

Active
Private limited companyfounded 2011active for 14 yearsMarcel De Backerstraat 2 C, 2180 Antwerpen, BelgiumKBO/BCE: BE 0841.341.673
Summary

IO & ALTRO has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63,686 and a net result of -€10,193. Equity is growing by about 6.9% per year across the filed financial years. Its solvency ranks better than 87% of 2,277 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€63,686▼ 13.8%
2024 · €73,879
Total assets
€71,489▼ 8.7%
2024 · €78,272
Net result
-€10,193▼ 5.2%
2024 · -€9,689
Working capital
€61,153▼ 11.6%
2024 · €69,183
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €9,263 in 2025 against €8,893 in 2024; the loss grows and 2025 has the lowest result in the available series.

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

Operating result-€9,263 2025 Net result-€10,193 2025

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

Sector: the middle half of NACE 63, Computing infrastructure, data processing, hosting and other information service 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
Line20182019202020212022202320242025
Operating result-€18,412-€18,571€1,560▼ 91.6%€46,324▲ 2,870%-€2,139€14,057-€8,893-€9,263▼ 4.2%
Net result-€19,077-€17,025€85within the sector's middle half▼ 99.5%€29,062within the sector's middle half▲ 34,252%-€7,204below the sector's middle half€8,846within the sector's middle half-€9,689below the sector's middle half-€10,193below the sector's middle half▼ 5.2%
Equity€35,755-€52,780▲ 47.6%€52,865within the sector's middle half▲ 0.2%€81,927within the sector's middle half▲ 55.0%€74,722within the sector's middle half▼ 8.8%€83,568within the sector's middle half▲ 11.8%€73,879within the sector's middle half▼ 11.6%€63,686within the sector's middle half▼ 13.8%
Total assets€36,553-€61,057▲ 67.0%€67,848within the sector's middle half▲ 11.1%€97,432within the sector's middle half▲ 43.6%€85,066within the sector's middle half▼ 12.7%€89,184within the sector's middle half▲ 4.8%€78,272within the sector's middle half▼ 12.2%€71,489within the sector's middle half▼ 8.7%
Debt€797-€8,277▲ 938%€14,984▲ 81.0%€15,505▲ 3.5%€10,344▼ 33.3%€5,616▼ 45.7%€4,393▼ 21.8%€7,803▲ 77.6%
Working capital€26,483-€39,990▲ 51.0%€43,325within the sector's middle half▲ 8.3%€72,952within the sector's middle half▲ 68.4%€68,190within the sector's middle half▼ 6.5%€77,207within the sector's middle half▲ 13.2%€69,183within the sector's middle half▼ 10.4%€61,153within the sector's middle half▼ 11.6%
Solvency97.8%-86.4%▼ 11.4pp77.9%above the sector's middle half▼ 8.5pp84.1%above the sector's middle half▲ 6.2pp87.8%above the sector's middle half▲ 3.8pp93.7%above the sector's middle half▲ 5.9pp94.4%above the sector's middle half▲ 0.7pp89.1%above the sector's middle half▼ 5.3pp
Current ratio34.21-5.83▼ 28.383.89within the sector's middle half▼ 1.945.71above the sector's middle half▲ 1.817.59above the sector's middle half▲ 1.8914.75above the sector's middle half▲ 7.1516.75above the sector's middle half▲ 2.008.84above the sector's middle half▼ 7.91
Return on assets (ROA)-52.2%-27.9%▲ 80.1pp0.1%within the sector's middle half▼ 27.8pp29.8%above the sector's middle half▲ 29.7pp-8.5%below the sector's middle half▼ 38.3pp9.9%within the sector's middle half▲ 18.4pp-12.4%below the sector's middle half▼ 22.3pp-14.3%below the sector's middle half▼ 1.9pp
above within below the middle half of NACE 63, Computing infrastructure, data processing, hosting and other information service 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €71,489
Fixed assets €2,533 ▼ 46.1%
Current assets €68,956 ▼ 6.3%
Equity and liabilities €71,489
Equity €63,686 ▼ 13.8%
Debt €7,803 ▲ 77.6%
Debt's share of the balance-sheet total rises from 5.6% to 10.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€7,101▼
2024 · -€6,431
Cash flow
-€8,030▼
2024 · -€7,227
Debt to equity
0.12▲
2024 · 0.06
ROE
-16.0%▼
2024 · -13.1%
Interest coverage
-91.77▼
2024 · -76.65
Debt ≤ 1 year
€7,803▲
2024 · €4,393
Income taxes
€852▲
2024 · €722
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.1% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more
2.0% went bankrupt
9.8% stopped otherwise
88.1% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% 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 497,470 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 4,805 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 · 41 lines
Balance sheet Code20242025
Assets
Total assets20/58€78,272€71,489▼
Fixed assets21/28€4,696€2,533▼
Tangible fixed assets22/27€4,696€2,533▼
Furniture and vehicles24€3,155€1,997▼
Other tangible fixed assets26€1,540€536▼
Financial fixed assets28€0-
Current assets29/58€73,576€68,956▼
Amounts receivable within one year40/41€61,098€48,617▼
Trade receivables40€55,900€45,982▼
Other amounts receivable41€5,198€2,635▼
Cash at bank and in hand54/58€2,766€14,419▲
Deferred charges and accrued income490/1€9,713€5,920▼
Equity and liabilities
Total equity and liabilities10/49€78,272€71,489▼
Equity10/15€73,879€63,686▼
Contributions10/11€18,550€18,550=
Reserves13€65,018€65,018=
Distributable reserves133€65,018€65,018=
Profit (loss) carried forward14-€9,689-€19,882▼
Amounts payable17/49€4,393€7,803▲
Amounts payable within one year42/48€4,393€7,803▲
Trade debts44€837€1,585▲
Suppliers440/4€837€1,585▲
Taxes, remuneration and social security45€0-
Taxes450/3€0-
Other amounts payable47/48€3,556€6,218▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,462€2,163▼
Other operating charges640/8€722€579▼
Gross operating margin9900-€5,709-€6,522▼
Operating profit (loss)9901-€8,893-€9,263▼
Financial income75/76B€10€0▼
Recurring financial income75€10€0▼
Financial charges65/66B€84€77▼
Recurring financial charges65€84€77▼
Profit (loss) for the period before taxes9903-€8,967-€9,341▼
Income taxes67/77€722€852▲
Profit (loss) for the period9904-€9,689-€10,193▼
Profit (loss) for the period to be appropriated9905-€9,689-€10,193▼
Appropriation of the result
Profit (loss) to be appropriated9906-€9,689-€19,882▼
Profit (loss) brought forward from the previous period14P--€9,689
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,558€3,251€3,251€3,127€3,686€2,610€2,462€2,163▼ 12.2%
Other operating charges640/8---€510€512€493€722€579▼ 19.8%
Gross operating margin9900-€16,375€22,823€5,258€49,961€2,059€17,161-€5,709-€6,522▼ 14.2%
Operating profit (loss)9901-€18,412€18,571€1,560€46,324-€2,139€14,057-€8,893-€9,263▼ 4.2%
Financial income75/76B---€2€1€7€10€0▼ 99.9%
Recurring financial income75€82-€0€2€1€7€10€0▼ 99.9%
Financial charges65/66B---€109€53€182€84€77▼ 7.8%
Recurring financial charges65€137€117€105€109€53€182€84€77▼ 7.8%
Profit (loss) for the period before taxes9903-€18,467€18,454€1,455€46,217-€2,190€13,882-€8,967-€9,341▼ 4.2%
Income taxes67/77€609€1,429€1,371€17,156€5,014€5,036€722€852▲ 18.0%
Profit (loss) for the period9904-€19,077€17,025€85€29,062-€7,204€8,846-€9,689-€10,193▼ 5.2%
Profit (loss) for the period to be appropriated9905-€19,077€17,025€85€29,062-€7,204€8,846-€9,689-€10,193▼ 5.2%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€36,553€61,057€67,848€97,432€85,066€89,184€78,272€71,489▼ 8.7%
Fixed assets21/28€9,272€12,790€9,540€8,975€6,532€6,361€4,696€2,533▼ 46.1%
Tangible fixed assets22/27€8,826€12,344€9,094€8,529€6,086€5,915€4,696€2,533▼ 46.1%
Furniture and vehicles24---€5,521€3,831€3,370€3,155€1,997▼ 36.7%
Other tangible fixed assets26---€3,007€2,255€2,545€1,540€536▼ 65.2%
Financial fixed assets28€446€446€446€446€446€446€0--
Current assets29/58€27,280€48,267€58,309€88,457€78,534€82,824€73,576€68,956▼ 6.3%
Amounts receivable within one year40/41€25,834€38,365€12,102€58,635€55,462€54,897€61,098€48,617▼ 20.4%
Trade receivables40---€57,217€53,888€53,594€55,900€45,982▼ 17.7%
Other amounts receivable41---€1,418€1,574€1,304€5,198€2,635▼ 49.3%
Cash at bank and in hand54/58€1,053€9,424€45,877€29,131€21,064€16,145€2,766€14,419▲ 421%
Deferred charges and accrued income490/1---€692€2,008€11,782€9,713€5,920▼ 39.1%
Equity and liabilities
Total equity and liabilities10/49€36,553€61,057€67,848€97,432€85,066€89,184€78,272€71,489▼ 8.7%
Equity10/15€35,755€52,780€52,865€81,927€74,722€83,568€73,879€63,686▼ 13.8%
Contributions10/11€18,550€18,550-€18,550€18,550€18,550€18,550€18,550=
Reserves13€17,205€34,230€34,315€63,377€56,172€65,018€65,018€65,018=
Non-distributable reserves130/1---€1,855€1,855€0---
Reserves not available under the articles1311---€1,855€1,855€0---
Distributable reserves133---€61,522€54,317€65,018€65,018€65,018=
Profit (loss) carried forward14-------€9,689-€19,882▼ 105%
Amounts payable17/49€797€8,277€14,984€15,505€10,344€5,616€4,393€7,803▲ 77.6%
Amounts payable within one year42/48€797€8,277€14,984€15,505€10,344€5,616€4,393€7,803▲ 77.6%
Trade debts44€797€662€3,208€4,898€216€431€837€1,585▲ 89.3%
Suppliers440/4---€4,898€216€431€837€1,585▲ 89.3%
Taxes, remuneration and social security45---€7,311€7,306€1,036€0--
Taxes450/3---€7,311€7,306€1,036€0--
Remuneration and social security454/9---€0-----
Other amounts payable47/48---€3,296€2,822€4,149€3,556€6,218▲ 74.9%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€19,077€17,025€85€29,062-€7,204€8,846-€9,689-€10,193▼ 5.2%
+ Depreciation and write-downs630€1,558€3,251€3,251€3,127€3,686€2,610€2,462€2,163▼ 12.2%
Operating cash flow (approximation)-€17,518€20,276€3,335€32,189-€3,518€11,456-€7,227-€8,030▼ 11.1%
Investment in fixed assets (approximation)--€6,769€0-€2,562-€1,243-€2,439-€797€0-
Change in cash-€8,371€36,454-€16,747-€8,066-€4,920-€13,379€11,653-

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

Download as CSV

Latest 10 of 14 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 03-07-2026 2026-00246488
31-12-2024 micro format 07-08-2025 2025-00363841
31-12-2023 micro format 19-07-2024 2024-00266540
31-12-2022 micro format 25-08-2023 2023-00353403
31-12-2021 micro format 29-08-2022 2022-20359135
31-12-2020 micro format 27-08-2021 2021-55200057
31-12-2019 micro format 04-07-2020 2020-27000531
31-12-2018 micro format 26-08-2019 2019-51500078
31-12-2017 micro format 27-07-2018 2018-39500213
31-12-2016 micro format 17-08-2017 2017-44000294

Show all 14 filings

Similar companies · same sector, comparable size

Of the 3,110 active companies whose main activity is other information service activities (NACE 63920), figures are known for 1,566. 1,263 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2025 · 1 entry · €226 awarded · €226 paid
Schemes
1 entry · €226 · €226 paid · Fonds voor Innoveren en Ondernemen

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