IORTEK
ActiveSummary
IORTEK has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.1m and a net result of €483,337. Equity is growing by ~3.6% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability55▼-20
Solvency98▼-2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €370,000 at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.55 in 2024; short-term debt: 26.8% and cash: 30% of total assets), and 26.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
73.2%
Return on assets
7%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 05-03-2026, 148 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
148 d early
2024
140 d early
2023
51 d early
2022
98 d early
2021
101 d early
2020
85 d early
2019
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 90 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
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. Usually files around 21 April (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€483,337▼ 59.9%
2024 · €1.2m
Working capital
€1.2m▲ 37.4%
2024 · €908,349
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€23,519▲ 4.0%€2,664▼ 88.7%-€10,548-€7,224▲ 31.5%-€9,060▼ 25.4%
Net result€1.5m▲ 35.7%€1.3m▼ 14.6%€600,579▼ 53.7%€1.2m▲ 101%€483,337▼ 59.9%
Equity€6.0m▲ 9.5%€6.3m▲ 5.0%€5.9m▼ 6.4%€6.1m▲ 3.5%€5.1m▼ 16.7%
Total assets€7.2m▲ 14.2%€7.9m▲ 8.7%€7.7m▼ 2.4%€8.0m▲ 3.8%€6.9m▼ 13.4%
Debt€1.3m▲ 43.4%€1.6m▲ 26.3%€1.8m▲ 13.2%€1.9m▲ 4.9%€1.9m▼ 2.8%
Working capital€777,636▲ 197%€1.1m▲ 38.4%€696,447▼ 35.3%€908,349▲ 30.4%€1.2m▲ 37.4%
Staff (FTE)000
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9,060 in 2025 against €7,224 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.9m
Fixed assets
€3.8m ▼ 29.8%
Current assets
€3.1m ▲ 21.4%
Equity and liabilities €6.9m
Equity
€5.1m ▼ 16.7%
Debt
€1.9m ▼ 2.8%
Debt's share of the balance-sheet total rises from 23.9% to 26.8%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.67▲
2024 · 1.55
Debt to equity
0.37▲
2024 · 0.31
ROE
9.6%▼
2024 · 19.8%
ROA
7.0%▼
2024 · 15.1%
Debt ≤ 1 year
€1.9m▲
2024 · €1.6m
Income taxes
€9,030▲
2024 · -€151,182
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €5,000 | €0 | €960 | €968 | €998 | ▲ 3.2% |
| Gross operating margin9900 | €28,519 | €2,664 | -€9,588 | -€6,256 | -€8,062 | ▼ 28.9% |
| Operating profit (loss)9901 | €23,519 | €2,664 | -€10,548 | -€7,224 | -€9,060 | ▼ 25.4% |
| Financial income75/76B | €1.5m | €1.3m | €781,571 | €1.1m | €744,406 | ▼ 30.4% |
| Recurring financial income75 | €1.5m | €1.3m | €721,571 | €1.1m | €744,406 | ▼ 30.4% |
| Non-recurring financial income76B | - | - | €60,000 | €0 | - | - |
| Financial charges65/66B | €4,775 | €9,360 | €1,064 | €8,449 | €242,978 | ▲ 2,776% |
| Recurring financial charges65 | €4,775 | €9,360 | €1,064 | €1,450 | €1,509 | ▲ 4.1% |
| Non-recurring financial charges66B | - | - | - | €6,999 | €241,470 | ▲ 3,350% |
| Profit (loss) for the period before taxes9903 | €1.5m | €1.3m | €769,959 | €1.1m | €492,367 | ▼ 53.3% |
| Income taxes67/77 | €6,313 | -€16 | €169,380 | -€151,182 | €9,030 | ▲ 106% |
| Profit (loss) for the period9904 | €1.5m | €1.3m | €600,579 | €1.2m | €483,337 | ▼ 59.9% |
| Profit (loss) for the period to be appropriated9905 | €1.5m | €1.3m | €600,579 | €1.2m | €483,337 | ▼ 59.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7.2m | €7.9m | €7.7m | €8.0m | €6.9m | ▼ 13.4% |
| Fixed assets21/28 | €5.3m | €5.4m | €5.3m | €5.4m | €3.8m | ▼ 29.8% |
| Financial fixed assets28 | €5.3m | €5.4m | €5.3m | €5.4m | €3.8m | ▼ 29.8% |
| Current assets29/58 | €1.9m | €2.5m | €2.4m | €2.6m | €3.1m | ▲ 21.4% |
| Amounts receivable within one year40/41 | €284,080 | €115,445 | €197,389 | €196,269 | €1.0m | ▲ 425% |
| Trade receivables40 | €0 | - | - | - | - | - |
| Other amounts receivable41 | €284,080 | €115,445 | €197,389 | €196,269 | €1.0m | ▲ 425% |
| Current investments50/53 | - | - | €2.0m | €1.8m | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €1.6m | €2.4m | €153,718 | €558,504 | €2.1m | ▲ 271% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7.2m | €7.9m | €7.7m | €8.0m | €6.9m | ▼ 13.4% |
| Equity10/15 | €6.0m | €6.3m | €5.9m | €6.1m | €5.1m | ▼ 16.7% |
| Contributions10/11 | €600,000 | €600,000 | €600,000 | €600,000 | €550,585 | ▼ 8.2% |
| Revaluation surpluses12 | €1,533 | €1,533 | €1,533 | €1,533 | €1,533 | = |
| Reserves13 | €60,000 | €60,000 | €60,000 | €60,000 | €55,059 | ▼ 8.2% |
| Non-distributable reserves130/1 | €60,000 | €60,000 | €0 | - | - | - |
| Reserves not available under the articles1311 | €60,000 | €60,000 | €0 | - | - | - |
| Distributable reserves133 | - | - | €60,000 | €60,000 | €55,059 | ▼ 8.2% |
| Profit (loss) carried forward14 | €5.3m | €5.6m | €5.2m | €5.4m | €4.4m | ▼ 17.8% |
| Amounts payable17/49 | €1.3m | €1.6m | €1.8m | €1.9m | €1.9m | ▼ 2.8% |
| Amounts payable within one year42/48 | €1.2m | €1.4m | €1.7m | €1.6m | €1.9m | ▲ 12.5% |
| Trade debts44 | €79,645 | €2,809 | €960 | €0 | €7,512 | - |
| Suppliers440/4 | €79,645 | €2,809 | €960 | €0 | €7,512 | - |
| Advances received on contracts in progress46 | €45,000 | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | €6,300 | €6,284 | €1,676 | €16,521 | €25,551 | ▲ 54.7% |
| Taxes450/3 | €6,300 | €6,284 | €1,676 | €16,521 | €25,551 | ▲ 54.7% |
| Other amounts payable47/48 | €1.0m | €1.4m | €1.7m | €1.6m | €1.8m | ▲ 11.6% |
| Accrued charges and deferred income492/3 | €117,350 | €208,382 | €162,554 | €259,169 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.5m | €1.3m | €600,579 | €1.2m | €483,337 | ▼ 59.9% |
| Operating cash flow (approximation) | €1.5m | €1.3m | €600,579 | €1.2m | €483,337 | ▼ 59.9% |
| Investment in fixed assets (approximation) | - | -€89,139 | €65,829 | -€89,525 | €1.6m | ▲ 1,905% |
| Change in cash | - | €709,793 | -€2.2m | €404,785 | €1.5m | ▲ 273% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-08
State Gazette act
Purpose · Statutes amendment · Resignations & appointmentsName change · Power of attorney4 facts ▸
State Gazette act
Purpose · Statutes amendment · Resignations & appointments
Name change · Power of attorney4 facts ▸
- General meeting, 26-06-2026
- Other statement, dispense de lecture du rapport, déposé au greffe du tribunal de l'entreprise avec une expédition du présent procès-verbal
- Name change, IORTEK
- Power of attorney
05-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet €483,337 ▼59.9%
Net result drops to €483,337, the lowest in the series.
13-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Highest result since 2018net €1.5m ▲35.7%
Operating result €23,519, net result €1.5m, both a record.
07-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €5mEq €5.1m ▲41.9%
2 profitable years in a row build equity to €5.1m.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 1 of 10 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2012
Ground area
5,786 m²
Building footprint
4,529 m²
Volume, LiDAR
130,373 m³
2 parcels, Brussels · tallest building 101.4 m, ±7 floors. Linked by address, not a title deed.
227
companies at this address
See who is registered here
1 establishment unit
Louizalaan 149, 1050 Brussel
since 20122.214.457.144
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0089/00D007 | Brussels | 3,879 m² | 1 · 2,740 m² | 101.4 m · 7 fl. |
| 21807G0089/00A007 | Brussels | 1,907 m² | 1 · 1,788 m² | 32.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Articles of association
Purpose
Toutes opérations se rapportant directement à l'achat, la vente de toutes valeurs mobilières et plus principalement d'actions, obligations ou titres généralement quelconques, côtés…
Full purpose (27 activities)
- Toutes opérations se rapportant directement à l'achat, la vente de toutes valeurs mobilières et plus principalement d'actions, obligations ou titres généralement quelconques, côtés ou non en bourse, et la prise de participation financière dans des sociétés de droit belge ou étranger.
- Les activités de management et de consultance ainsi que les prestations et services, de gestion, d'étude, d'organisation, de conseil, d'intermédiaire en matières commerciales ainsi que toutes affaires et opérations se rattachant directement ou indirectement à cet objet.
- Constituer des garanties pour compte de tiers, et se porter caution à l'occasion d'opérations entrant dans le cadre de son objet social.
- Prêter à toutes sociétés et se porter caution pour elles, même hypothécairement.
- Effectuer tous travaux d'audit, études, contrôles, surveillance, expertises, missions ou assistance en matière financière, administrative, sociale et juridique ainsi que dans le domaine de la création, l'organisation, l'exploitation et le fonctionnement des entreprises au point de vue financier, administratif, commercial, technique ou autres.
- Exercer ou participer à la gestion d'une ou plusieurs sociétés ou entreprises, et notamment effectuer des tâches de conseil, de gestion et/ou de représentation de sociétés ou entreprises et faire partie de leurs organes collégiaux de gestion.
- L'étude, la recherche, la conception, le développement, la mise en place et la commercialisation de technologies et de systèmes informatisés, de systèmes de régulations, d'exploitations, de gestion assistées, administratifs, commerciaux, industriels.
- La création et la commercialisation de programme informatiques et de tout « software ».
- L'achat, la vente, la fabrication, l'importation, l'exportation, la représentation, l'entretien, la réparation, la distribution, la transformation, la location de tout appareil, tout matériel électrique, mécanique, électronique, informatique, audio-visuel, et en général tout biens meubles.
- La télématique et les télécommunications.
- La consultance, l'organisation de cours et de séminaires afférents aux objets précités.
- L'achat et la vente d'ordinateurs, de matériel informatique et périphérique, de logiciels existants, de composants électroniques pour micro-ordinateurs.
- L'écriture de programmes informatiques et le développement d'applications sur mesure.
- L'achat et la vente, l'importation et l'exportation de tous appareils électroménagers, tv, vidéos, appareils photos, films, bandes magnétiques, cassette, tous articles imprimés ou enregistrés ainsi qu'appareils, instruments et accessoires permettant leur lecture, vision ou audition.
- La prestation de services de consultance en informatique, notamment le conseil en systèmes et logiciels informatiques, la gestion de projets IT, l'analyse des besoins informatiques et la mise en œuvre de solutions technologiques.
- Le développement, l'intégration, la maintenance et l'exploitation de logiciels, d'applications web et mobiles, de bases de données, de plateformes cloud et d'infrastructures informatiques.
- La fourniture de services liés à la cybersécurité, à la gestion des données, au support technique, à la formation et à l'assistance informatique aux entreprises et aux particuliers.
- La vente, la location, l'installation, la configuration et la maintenance de matériel informatique et de logiciels.
- La réalisation d'audits, d'études de faisabilité, de documentation technique et fonctionnelle ainsi que la rédaction de rapports de conseil stratégique en technologie de l'information.
- La fourniture de toute aide, assistance, conseil dans des domaines tels que la gestion, l'organisation, l'administration, la stratégie, la coordination, la communication interne et externe, la technique ou la technologie de toute entité, association, firme ou entreprise publique ou privée, de façon permanente ou périodique.
- La prise de participation dans le capital de toutes sociétés; la constitution, la gestion, la mise en valeur d'un portefeuille de titres, en ce compris l'acquisition par toutes voies et l'aliénation par toutes voies d'instruments financiers de toutes espèces.
- La participation à la création et au développement d'entreprises industrielles, commerciales, financières ou immobilières ainsi que l'assistance, le conseil et le soutien à ces entreprises sur le plan technique, commercial, administratif, sur le plan de l'organisation et du management; la surveillance interne des entreprises
- Accomplir toutes opérations civiles, industrielles ou commerciales, immobilières ou mobilières se rapportant directement ou indirectement, en tout ou en partie, à l'une ou l'autre branche de son objet ou qui seraient de nature à en développer ou à en faciliter la réalisation.
- S'intéresser par toutes voies à toute société ou entreprise ayant un objet similaire ou connexe au sien ou dont l'objet serait de nature à faciliter, même indirectement, la réalisation du sien.
- Conclure toutes conventions de collaboration, de rationalisation, d'association ou autres avec de telles sociétés ou entreprises.
- Se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société, liée ou non.
- Exercer les fonctions d'administrateur, gérant et liquidateur.
Company details
Identification
Legal formPrivate limited company
Founded12-06-2009
Fiscal year end31-12
Legal name FR
Y-CARE
E-invoicing
Not found in the Peppol register
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Register as of 1 October 2026 · Peppol Directory
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