iQ4u
ActiveSummary
iQ4u has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €377k and a net result of €54k. Equity is growing by ~23.2% per year across the filed fiscal years. Its solvency ranks better than 74% of 8048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▼-11
Solvency93▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 3.14 against 4.23 in 2024; short-term debt: 31.5% and cash: 39.7% of total assets), and 31.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
68.5%
Return on assets
9.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 14-07-2026, 17 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
17 d early
2024
25 d late
2023
2 d early
2022
18 d early
2021
31 d early
2020
15 d early
2019
34 d late
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€377k▲ 16.6%
2024 · €324k
2018: €-83klowest in 8 years
2019: €82k▲ +199% vs 2018
2020: €122k▲ +48.8% vs 2019
2021: €270k▲ +121% vs 2020
2022: €340k▲ +25.8% vs 2021
2023: €243k▼ -28.5% vs 2022
2024: €324k▲ +33.0% vs 2023
2025: €377k▲ +16.6% vs 2024highest in 8 years
2018 → 2025
Total assets
€551k▲ 30.2%
2024 · €423k
2018: €705khighest in 8 years
2019: €301k▼ -57.2% vs 2018lowest in 8 years
2020: €323k▲ +7.2% vs 2019
2021: €447k▲ +38.2% vs 2020
2022: €492k▲ +10.1% vs 2021
2023: €572k▲ +16.3% vs 2022
2024: €423k▼ -26.0% vs 2023
2025: €551k▲ +30.2% vs 2024
2018 → 2025
Net result
€54k▼ 33.2%
2024 · €80k
2018: €-102klowest in 8 years
2019: €165k▲ +263% vs 2018highest in 8 years
2020: €141k▼ -14.4% vs 2019
2021: €148k▲ +4.6% vs 2020
2022: €70k▼ -52.8% vs 2021
2023: €103k▲ +47.4% vs 2022
2024: €80k▼ -22.0% vs 2023
2025: €54k▼ -33.2% vs 2024
2018 → 2025
Working capital
€373k▲ 15.7%
2024 · €322k
2018: €-14klowest in 8 years
2019: €82k▲ +675% vs 2018
2020: €122k▲ +50.1% vs 2019
2021: €270k▲ +121% vs 2020
2022: €334k▲ +23.6% vs 2021
2023: €243k▼ -27.4% vs 2022
2024: €322k▲ +32.9% vs 2023
2025: €373k▲ +15.7% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€270k-€340k▲ 25.8%€243k▼ 28.5%€324k▲ 33.0%€377k▲ 16.6%
2021: €270k
2022: €340k▲ +25.8% vs 2021
2023: €243k▼ -28.5% vs 2022lowest in 5 years
2024: €324k▲ +33.0% vs 2023
2025: €377k▲ +16.6% vs 2024highest in 5 years
Operating result€217k-€110k▼ 49.4%€122k▲ 10.5%€112k▼ 7.4%€75k▼ 33.6%
2021: €217khighest in 5 years
2022: €110k▼ -49.4% vs 2021
2023: €122k▲ +10.5% vs 2022
2024: €112k▼ -7.4% vs 2023
2025: €75k▼ -33.6% vs 2024lowest in 5 years
Net result€148k-€70k▼ 52.8%€103k▲ 47.4%€80k▼ 22.0%€54k▼ 33.2%
2021: €148khighest in 5 years
2022: €70k▼ -52.8% vs 2021
2023: €103k▲ +47.4% vs 2022
2024: €80k▼ -22.0% vs 2023
2025: €54k▼ -33.2% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 34% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €551k
Fixed assets
€4k ▲ 244%
Current assets
€547k ▲ 29.6%
Equity and liabilities €551k
Equity
€377k ▲ 16.6%
Debt
€174k ▲ 74.4%
Debt's share of the balance-sheet total rises from 23.6% to 31.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€76k▼
2024 · €113k
Cash flow
€55k▼
2024 · €81k
Current ratio
3.14▼
2024 · 4.23
Quick ratio
3.09▼
2024 · 4.06
Debt to equity
0.46▲
2024 · 0.31
ROE
14.2%▼
2024 · 24.8%
ROA
9.7%▼
2024 · 19.0%
Interest coverage
21.67▼
2024 · 885.93
Debt ≤ 1 year
€174k▲
2024 · €100k
Income taxes
€19k▼
2024 · €32k
Staff costs
€189k▼
2024 · €224k
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 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€423k€551k▲
Fixed assets21/28€1k€4k▲
Tangible fixed assets22/27€1k€4k▲
Furniture and vehicles24€1k€4k▲
Current assets29/58€422k€547k▲
Stocks and contracts in progress3€17k€9k▼
Stocks30/36€17k€9k▼
Amounts receivable within one year40/41€115k€319k▲
Trade receivables40€115k€308k▲
Other amounts receivable41-€10k
Cash at bank and in hand54/58€288k€219k▼
Deferred charges and accrued income490/1€2k€93▼
Equity and liabilities
Total equity and liabilities10/49€423k€551k▲
Equity10/15€324k€377k▲
Contributions10/11€19k€19k=
Reserves13€305k€359k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€303k€357k▲
Amounts payable17/49€100k€174k▲
Amounts payable within one year42/48€100k€174k▲
Trade debts44€51k€143k▲
Suppliers440/4€51k€143k▲
Taxes, remuneration and social security45€49k€31k▼
Taxes450/3€21k€10k▼
Remuneration and social security454/9€28k€21k▼
Income statement
Code20242025
Non-recurring operating income76A-€4k
Remuneration, social security and pensions62€224k€189k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€238€859▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-2k
Other operating charges640/8€903€758▼
Gross operating margin9900€338k€263k▼
Operating profit (loss)9901€112k€75k▼
Financial income75/76B€89€2k▲
Recurring financial income75€89€2k▲
Financial charges65/66B€127€3k▲
Recurring financial charges65€127€3k▲
Profit (loss) for the period before taxes9903€112k€73k▼
Income taxes67/77€32k€19k▼
Profit (loss) for the period9904€80k€54k▼
Profit (loss) for the period to be appropriated9905€80k€54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€54k▼
Transfer to equity691/2€80k€54k▼
To other reserves6921€80k€54k▼
Social balance
Average headcount (FTE)90873.42.3▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €31k | - | - | - | €4k | - |
| Remuneration, social security and pensions62 | €251k | €240k | €235k | €224k | €189k | ▼ 15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €353 | €61 | €238 | €859 | ▲ 261% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €21k | €5k | - | €-2k | - |
| Other operating charges640/8 | €3k | €3k | €976 | €903 | €758 | ▼ 16.1% |
| Non-recurring operating charges66A | €334 | €255 | - | - | - | - |
| Gross operating margin9900 | €472k | €376k | €362k | €338k | €263k | ▼ 22.2% |
| Operating profit (loss)9901 | €217k | €110k | €122k | €112k | €75k | ▼ 33.6% |
| Financial income75/76B | €79 | €133 | €24k | €89 | €2k | ▲ 1,660% |
| Recurring financial income75 | €79 | €133 | €1k | €89 | €2k | ▲ 1,660% |
| Non-recurring financial income76B | - | - | €23k | - | - | - |
| Financial charges65/66B | €4k | €88 | €431 | €127 | €3k | ▲ 2,642% |
| Recurring financial charges65 | €4k | €88 | €431 | €127 | €3k | ▲ 2,642% |
| Profit (loss) for the period before taxes9903 | €213k | €110k | €145k | €112k | €73k | ▼ 35.3% |
| Income taxes67/77 | €65k | €40k | €42k | €32k | €19k | ▼ 40.4% |
| Profit (loss) for the period9904 | €148k | €70k | €103k | €80k | €54k | ▼ 33.2% |
| Profit (loss) for the period to be appropriated9905 | €148k | €70k | €103k | €80k | €54k | ▼ 33.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €447k | €492k | €572k | €423k | €551k | ▲ 30.2% |
| Fixed assets21/28 | - | €6k | €656 | €1k | €4k | ▲ 244% |
| Tangible fixed assets22/27 | - | €6k | €656 | €1k | €4k | ▲ 244% |
| Furniture and vehicles24 | - | €6k | €656 | €1k | €4k | ▲ 244% |
| Current assets29/58 | €447k | €486k | €571k | €422k | €547k | ▲ 29.6% |
| Stocks and contracts in progress3 | €33k | €30k | €35k | €17k | €9k | ▼ 46.7% |
| Stocks30/36 | €33k | €30k | €35k | €17k | €9k | ▼ 46.7% |
| Amounts receivable within one year40/41 | €129k | €184k | €105k | €115k | €319k | ▲ 178% |
| Trade receivables40 | €129k | €183k | €105k | €115k | €308k | ▲ 168% |
| Other amounts receivable41 | €66 | €66 | - | - | €10k | - |
| Cash at bank and in hand54/58 | €284k | €272k | €431k | €288k | €219k | ▼ 24.0% |
| Deferred charges and accrued income490/1 | - | - | €424 | €2k | €93 | ▼ 95.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €447k | €492k | €572k | €423k | €551k | ▲ 30.2% |
| Equity10/15 | €270k | €340k | €243k | €324k | €377k | ▲ 16.6% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €252k | €322k | €225k | €305k | €359k | ▲ 17.6% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €250k | €320k | €223k | €303k | €357k | ▲ 17.7% |
| Amounts payable17/49 | €176k | €151k | €329k | €100k | €174k | ▲ 74.4% |
| Amounts payable within one year42/48 | €176k | €151k | €329k | €100k | €174k | ▲ 74.4% |
| Trade debts44 | €75k | €59k | €75k | €51k | €143k | ▲ 181% |
| Suppliers440/4 | €75k | €59k | €75k | €51k | €143k | ▲ 181% |
| Taxes, remuneration and social security45 | €43k | €50k | €54k | €49k | €31k | ▼ 36.6% |
| Taxes450/3 | €5k | €29k | €21k | €21k | €10k | ▼ 51.7% |
| Remuneration and social security454/9 | €38k | €20k | €33k | €28k | €21k | ▼ 25.5% |
| Other amounts payable47/48 | €58k | €43k | €200k | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €148k | €70k | €103k | €80k | €54k | ▼ 33.2% |
| + Depreciation and write-downs630 | - | €353 | €61 | €238 | €859 | ▲ 261% |
| Operating cash flow (approximation) | €148k | €70k | €103k | €81k | €55k | ▼ 32.3% |
| Investment in fixed assets (approximation) | - | - | €5k | €-836 | €-4k | ▼ 369% |
| Change in cash | - | €-12k | €159k | €-143k | €-69k | ▲ 51.7% |
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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-12
Financial
Liquidity doublescurrent ratio 4.23
Current ratio from 1.74 to 4.23; short-term debt falls from €329k to €100k.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €270k ▲121%
3 profitable years in a row build equity to €270k.
16-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €100kEq €122k ▲48.8%
2 profitable years in a row build equity to €122k.
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 34 days late
2019
31-12
Financial
Back to profitnet €165k
Net result €165k after one loss-making year.
14-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 14 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 acts for this company are 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, Sint-Niklaas · 1 establishment unit since 2017
Ground area
3,387 m²
Building footprint
2,042 m²
Volume, LiDAR
18,781 m³
2 parcels, Flanders · tallest building 22.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Dikkelstraat 8, 3550 Heusden-Zolder
since 20172.273.288.634
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46447B0552/00Z000indicative | Flanders | 2,483 m² | 1 · 1,845 m² | 22.0 m · 3 fl. |
| 71462E0267/00K000 | Flanders | 904 m² | 1 · 198 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 2 parcels 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
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AMITEC
BE 0700.926.255
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EDUCORNER
BE 0807.597.254
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BYTES 2 SPRITES
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Of 2,121 companies in sector 46500 we hold annual accounts for 1,403. 1,048 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46500Wholesale of information and communication equipment
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
77330Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.