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IQUATION

Active Private limited companyfounded 2018active for 8 yearsHazenweg 15, 1820 SteenokkerzeelKBO/BCE: BE 0702.770.047

Lifetime

7 annual accounts with figures on one time axis
peak €80,268 (2025)
€80,268▲ 33.2%
peak €58,738 (2025)
€58,738▲ 24.8%
peak €97,244 (2024)
€18,600▼ 80.9%
€22,816▲ 154%
Board1 name since 2018
1 director
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €60,266 to €80,268Dividend €137,381Equity from €97,244 to €18,600Debts from €8,968 to €22,816Investments €1,471Cash from €78,481 to €18,510

Key points

from the 2025 annual accounts

Equity

€18,600 from €97,244 in 2024

Equity fell by 81% in 1 year.

Turnover

≈ €150,000 estimated

The micro format states no turnover.

Investments

€1,471 3.1 × depreciation
20222025

Green is investment, beige is depreciation. Machinery stands 546.2% higher than in 2024.

Liquidity

1.77 was 11.96 in 2024

Short-term debts rose from €8,868 to €22,716.

Filings

7 annual accounts 3 late
AprilJune31 JulyOctober202020222024

The 2019 accounts came latest: 63 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 26,973 companies had the same profile as IQUATION has now. Each dot stands for 68 companies, two years later.

94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 26,973 companies, not a prediction for IQUATION. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • founderdeed of 06-09-2018
  • founderdeed of 06-09-2018
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0702770047
Appointment: (director) Gazette deed
Registered office moved from Leuven to Steenokkerzeel New registered office: Hazenweg 15, 1820 Steenokkerzeel · Previous registered office: Vital Decosterstraat 87 bus 5, 3000 Leuven · General meeting of 01-01-2020 · Gazette deed
First establishment Hazenweg 15, Steenokkerzeel
All 16 events

Comparable companies

same main activity, similar in size and age
Company
IQUATION Steenokkerzeel €41,416 €80,268 44.9% -
YOUNYK Enghien €40,541 €82,369 -336.7% -
Enkrano Brasschaat €43,805 €73,590 8.4% -
VANERPS Dilbeek €35,270 €90,690 54.9% -
Nemali Kortenberg €42,837 €95,665 1.0% -
TILIIS Dilbeek €53,363 €68,444 64.4% -
NVD Consulting Tremelo €46,831 €60,340 20.7% -

These companies have the same main activity as IQUATION: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €35,300 and €53,400, founded between 2016 and 2019.

Official details

Source: KBO
Status
Active since 04-09-2018Normal situation
Activity
Computer consultancy and computer facilities managementNACE 62200and 2 others
Establishment unit
2.279.586.8051820 Steenokkerzeel, since 01-10-2018
Financial year end
31 December
Peppol
Reachable since 15-10-2025
Company details

Annual accounts 2025

€41,416▼ 61.0%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on IQUATION

IQUATION files the micro format. That format states no turnover. The gross margin rose from €48,097 in 2019 to €80,268 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 IQUATION

What is the company number of IQUATION?
The company number of IQUATION is 0702.770.047. The VAT number is the same number with BE in front: BE 0702.770.047.
Where is IQUATION based?
The registered office is at Hazenweg 15, 1820 Steenokkerzeel.Company details
What does IQUATION do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of IQUATION?
IQUATION is a private limited company (BV).
When was IQUATION founded?
IQUATION was founded on 04-09-2018.
Is IQUATION still active?
Yes, IQUATION is an active enterprise in the KBO register.
What is the turnover of IQUATION?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €80,268 and 60 comparable companies (NACE 62200). It probably lies between €140,000 and €200,000.Financials
Is IQUATION profitable?
In financial year 2025, IQUATION made a profit of €58,738.
Where can I find the annual accounts of IQUATION?
IQUATION filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of IQUATION due?
IQUATION must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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