Iolin Projects & Co
ActiveSummary
Iolin Projects & Co has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7k and a net result of €62k. Equity is shrinking by ~44.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 12% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency31▼-69
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.7%
Return on assets
51.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 17043 sector peers (2025).
NBB · sector comparisonPosition among 17043 sector peers
Solvency
better than 12%
← weakest
strongest →
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 13-03-2026, 140 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
140 d early
2024
44 d early
2023
29 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€7k▼ 94.1%
2024 · €117k
2023: €68k
2024: €117k
2023 → 2025
Total assets
€121k▲ 0.4%
2024 · €121k
2023: €71k
2024: €121k
2023 → 2025
Net result
€62k▲ 26.9%
2024 · €49k
2023: €65k
2024: €49k
2023 → 2025
Working capital
€6k▼ 94.8%
2024 · €115k
2023: €67k
2024: €115k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€68k-€117k▲ 71.6%€7k▼ 94.1%
Operating result€82k-€62k▼ 24.8%€77k▲ 25.7%
Net result€65k-€49k▼ 25.1%€62k▲ 26.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 26% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €121k
Fixed assets
€911 ▼ 47.3%
Current assets
€120k ▲ 1.1%
Equity and liabilities €121k
Equity
€7k ▼ 94.1%
Debt
€114k ▲ 3,114%
Debt's share of the balance-sheet total rises from 2.9% to 94.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€79k▲
2024 · €62k
Cash flow
€63k▲
2024 · €50k
Current ratio
1.05▼
2024 · 33.47
Debt to equity
16.46▲
2024 · 0.03
ROE
893.8%▲
2024 · 41.7%
ROA
51.2%▲
2024 · 40.5%
Interest coverage
566.61▲
2024 · 195.17
Debt ≤ 1 year
€114k▲
2024 · €4k
Income taxes
€15k▲
2024 · €13k
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 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€121k€121k▲
Fixed assets21/28€2k€911▼
Tangible fixed assets22/27€2k€911▼
Furniture and vehicles24€2k€911▼
Current assets29/58€119k€120k▲
Amounts receivable within one year40/41€11k€16k▲
Trade receivables40€8k€10k▲
Other amounts receivable41€3k€6k▲
Cash at bank and in hand54/58€107k€103k▼
Deferred charges and accrued income490/1€1k€1k▼
Equity and liabilities
Total equity and liabilities10/49€121k€121k▲
Equity10/15€117k€7k▼
Contributions10/11€3k€3k=
Capital10€3k€3k=
Issued capital100€3k€3k=
Reserves13€65k€65k=
Distributable reserves133€65k€65k=
Profit (loss) carried forward14€49k€-61k▼
Amounts payable17/49€4k€114k▲
Amounts payable within one year42/48€4k€114k▲
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45-€26k
Taxes450/3-€26k
Other amounts payable47/48€532€87k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€758€1k▲
Other operating charges640/8€673€695▲
Gross operating margin9900€63k€79k▲
Operating profit (loss)9901€62k€77k▲
Financial income75/76B€157-
Recurring financial income75€157-
Financial charges65/66B€320€139▼
Recurring financial charges65€320€139▼
Profit (loss) for the period before taxes9903€61k€77k▲
Income taxes67/77€13k€15k▲
Profit (loss) for the period9904€49k€62k▲
Profit (loss) for the period to be appropriated9905€49k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€49k€111k▲
Profit (loss) brought forward from the previous period14P€172€49k▲
Profit to be distributed694/7-€172k
Return on contributions (dividend)694-€172k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
13-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €49k ▼25.1%
Net result drops to €49k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €117k ▲71.6%
2 profitable years in a row build equity to €117k.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Oudergem · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Papiermolenstraat 531160 OudergemGround area
6,110 m²
Building footprint
2,626 m²
Volume, LiDAR
47,890 m³
Parcel 21332B0426/00F000, Brussels · tallest building 21.5 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Iolin Projects & Co
since 20222.338.423.738
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21332B0426/00F000 | Brussels | 6,110 m² | 1 · 2,626 m² | 21.5 m · 6 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Appaya
BE 0739.578.181
Gent · Eq €6,928
HDC BUSINESS SOLUTIONS
BE 1004.670.768
Sint-Lambrechts-Woluwe · Eq €6,941
CRIOS Conseil
BE 0743.961.492
Schaarbeek · Eq €6,942
Cybervalue
BE 0725.780.724
Bonheiden · Eq €6,943
B&K Invest
BE 0649.619.787
Etterbeek · Eq €6,943
Of 29,996 companies in sector 62200 we hold annual accounts for 18,393. 7,599 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-11-2022
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
63920Other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.