Equity
€234,154
IORGU has made a profit without a break since 2019.
IORGU
Lifetime
13 annual accounts with figures on one time axispeak €178,502 (2025)
€178,50217 months
lowest -€4,086 (2018)
€88,24617 months
peak €234,154 (2025)
€234,154▲ 60.5%
€152,376▲ 23.8%
Board4 names since 2017
3 directors and 2 others
Documentsfilings and deeds
19-11-202519 days late
2025micro format
Financial year from 01-11-2023 to 31-03-2025, 17 monthsPurpose change · Amendment of the articles · Legal-form chang… 20-03-2024Appointment: (manager) 26-02-2024Equity from €145,908 to €234,154Debts from €123,044 to €152,376Investments €25,138
Key points
from the 2025 annual accountsFilings
13 annual accounts since 2012
Eight of the last ten came late. The 2022 accounts came latest: 111 days after the end of the period.
Position in the sector
€88,246
Higher net result than 95% of companies in retail trade. Sector median €4,767 · 25,234 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,721 companies had the same profile as IORGU has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
4.0%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,721 companies, not a prediction for IORGU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0831991764
Purpose change · Amendment of the articles · Legal-form change · Resignations & appointments
Changes of role: , and · “Toute activité relative au commerce de détail de bâches,de housses,de parasols,de cabas,etc… en textiles…” (deed in French) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 07-03-2024 · Gazette deed
Appointment: (manager)
General meeting of 09-02-2024 · Gazette deed
New establishment in Woluwe-Saint-Lambert
Windows touch, Populierenhof 74
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IORGU Ixelles | €386,530 | €178,502 | 60.6% | - |
| Raepers JS Tongeren-Borgloon | €338,543 | €121,000 | 75.4% | - |
| BKS ELEC & SERVICES Anderlecht | €468,976 | €123,618 | 54.2% | - |
| EASYDESIGN Molenbeek-Saint-Jean | €379,846 | €454,310 | 2.2% | - |
| OCTOGOLD Watermael-Boitsfort | €657,860 | €276,117 | 3.4% | 6 |
| DE STOFFENSTRAAT Kasterlee | €291,591 | €234,545 | 58.1% | - |
| HET FEESTKASTEEL Hulshout | €596,681 | €148,760 | 10.1% | - |
These companies have the same main activity as IORGU: retail trade (NACE 47519). They are comparable in size and age: total assets between €292,000 and €658,000, founded between 2008 and 2014.
Official details
Source: KBO- Status
- Active since 17-12-2010Normal situation
- Activity
- Retail tradeNACE 47519and 3 others
- Establishment units
- 2.195.649.7351050 Ixelles, since 08-02-2011
- 2.357.865.9041200 Woluwe-Saint-Lambert, since 01-11-2020
- Financial year end
- 31 March
- Peppol
- Reachable since 21-10-2025
Annual accounts to 31-03-2025
- ≈ €1.0mestimated
- €386,530
- Employeeson 31-03-2025
- 1
- Filing
- Filed on 19-11-2025
Insights on IORGU
IORGU files the micro format. That format states no turnover. The gross margin rose from €10,415 in 2012 to €178,502 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IORGU
- What is the company number of IORGU?
- The company number of IORGU is 0831.991.764. The VAT number is the same number with BE in front: BE 0831.991.764.
- Where is IORGU based?
- The registered office is at Armand Huysmanslaan 192, 1050 Ixelles.Company details
- What does IORGU do?
- According to the KBO register, the main activity is retail trade (NACE 47519).
- What is the legal form of IORGU?
- IORGU is a private limited company (BV).
- When was IORGU founded?
- IORGU was founded on 17-12-2010.
- Is IORGU still active?
- Yes, IORGU is an active enterprise in the KBO register.
- How many employees does IORGU have?
- IORGU had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of IORGU?
- The turnover in financial year 2025 is ≈ €1.0m. This figure is estimated from the gross margin of €178,502 and 34 comparable companies (NACE 475). It probably lies between €780,000 and €1.5m. In financial year 2023 turnover was €951,232.
- Is IORGU profitable?
- In financial year 2025, IORGU made a profit of €88,246.
- Where can I find the annual accounts of IORGU?
- IORGU filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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