iQrypto
ActiveSummary
iQrypto has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €261k and a net result of €7k. Equity is growing by ~21.5% per year across the filed fiscal years. Its solvency ranks better than 39% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▲+12
Solvency68▲+1
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18k at 30 days acceptable
Liquidity ample (current ratio 2.82 against 9.41 in 2024; short-term debt: 9.2% and cash: 23.7% of total assets), but 57.5% of the assets are financed with debt.
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
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
lower
← fewer bankruptcies
more bankruptcies →
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
42.5%
Return on assets
1.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
27 d late
2024
29 d late
2023
30 d late
2022
7 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€261k▲ 8.0%
2024 · €241k
2022: €14k
2023: €230k
2024: €241k
2022 → 2025
Total assets
€613k▲ 7.8%
2024 · €569k
2022: €39k
2023: €572k
2024: €569k
2022 → 2025
Net result
€7k▲ 517%
2024 · €1k
2022: €4k
2023: €7k
2024: €1k
2022 → 2025
Working capital
€103k▼ 60.7%
2024 · €263k
2022: €3k
2023: €407k
2024: €263k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€14k-€230k▲ 1,563%€241k▲ 4.8%€261k▲ 8.0%
Operating result€4k-€11k▲ 170%€7k▼ 30.6%€15k▲ 101%
Net result€4k-€7k▲ 93.0%€1k▼ 84.3%€7k▲ 517%
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 101% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €613k
Fixed assets
€453k ▲ 65.3%
Current assets
€160k ▼ 45.7%
Equity and liabilities €613k
Equity
€261k ▲ 8.0%
Debt
€353k ▲ 7.7%
Debt's share of the balance-sheet total falls from 57.5% to 57.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€82k▲
2024 · €36k
Cash flow
€74k▲
2024 · €30k
Current ratio
2.82▼
2024 · 9.41
Debt to equity
1.35▼
2024 · 1.36
ROE
2.8%▲
2024 · 0.5%
ROA
1.2%▲
2024 · 0.2%
Interest coverage
9.68▲
2024 · 4.64
Debt ≤ 1 year
€57k▲
2024 · €31k
Debt > 1 year
€296k=
2024 · €296k
Staff costs
€212k▲
2024 · €115k
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 · 40 lines
Balance sheet
Code20242025
Assets
Total assets20/58€569k€613k▲
Fixed assets21/28€274k€453k▲
Intangible fixed assets21€263k€446k▲
Tangible fixed assets22/27€11k€7k▼
Furniture and vehicles24€11k€7k▼
Financial fixed assets28€50€50=
Current assets29/58€294k€160k▼
Amounts receivable within one year40/41€18k€14k▼
Trade receivables40€11k€10k▼
Other amounts receivable41€6k€5k▼
Cash at bank and in hand54/58€277k€146k▼
Equity and liabilities
Total equity and liabilities10/49€569k€613k▲
Equity10/15€241k€261k▲
Contributions10/11€10k€10k=
Profit (loss) carried forward14€12k€20k▲
Investment grants15€219k€231k▲
Amounts payable17/49€327k€353k▲
Amounts payable after more than one year17€296k€296k=
Financial debts170/4€296k€296k=
Amounts payable within one year42/48€31k€57k▲
Trade debts44€10k€3k▼
Suppliers440/4€10k€3k▼
Taxes, remuneration and social security45€17k€43k▲
Taxes450/3€240€240=
Remuneration and social security454/9€16k€43k▲
Other amounts payable47/48€5k€11k▲
Income statement
Code20242025
Remuneration, social security and pensions62€115k€212k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29k€67k▲
Other operating charges640/8€1k€555▼
Gross operating margin9900€152k€295k▲
Operating profit (loss)9901€7k€15k▲
Financial income75/76B€2k€684▼
Recurring financial income75€2k€684▼
Financial charges65/66B€8k€8k▲
Recurring financial charges65€8k€8k▲
Profit (loss) for the period before taxes9903€1k€7k▲
Profit (loss) for the period9904€1k€7k▲
Profit (loss) for the period to be appropriated9905€1k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€12k€20k▲
Profit (loss) brought forward from the previous period14P€11k€12k▲
The notes to these accounts (14 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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 27 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €1k ▼84.3%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Highest result since 2022net €7k ▲93%
Net result €7k, the highest in the series.
31-12
Financial
Liquidity times 7current ratio 12.40
Current ratio from 1.82 to 12.40.
31-12
Financial
Equity above €200kEq €230k ▲1563%
2 profitable years in a row build equity to €230k.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
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, Mons · 3 establishment units 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.
Rue Emile Vandervelde (C.) 2377000 MonsGround area
6,285 m²
Building footprint
2,239 m²
Volume, LiDAR
38,014 m³
3 parcels, Wallonia · tallest building 22.3 m, ±6 floors. Linked by address, not a title deed.
3 establishment units
Rue Emile Vandervelde (C.) 237, 7000 Mons
since 20222.324.716.351
iQrypto SEMI
since 20232.348.172.535
IQrypto Flanders
since 20252.377.997.560
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53405C0001/00H038 | Wallonia | 3,333 m² | 1 · 2,053 m² | 22.3 m · 6 fl. |
| 53019D0035/00T003 | Wallonia | 2,705 m² | 1 · 79 m² | 11.6 m · 3 fl. |
| 53053H0652/00A000 | Wallonia | 248 m² | 1 · 107 m² | 15.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
European Union, budget
2025 · 2 entries · 288,554 EUR in total| Year | Entries | awarded |
|---|---|---|
| 2025 | 2 | 288,554 EUR |
Projects
SELF-AWARE NEUROMORPHIC ARCHITECTURES: SECURITY, RELIABILITY AND ENERGY-EFFICIENCY
European research
1 project · 288,540 EUR EU contributionProgrammes
Horizon Europe
Projects
Self-AwaRe NEuromorphic ArChiTectures: Security, Reliability and Energy-Efficiency
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Of 11,550 companies in sector 71121 we hold annual accounts for 6,563. 4,983 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
Founded23-11-2021
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.