Iqunet
ActiveSummary
Iqunet has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€27,451) and a net result of €132,732. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 274 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+50
Solvency16▲+16
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 4.75 against 1.05 in 2023; short-term debt: 14.7% and cash: 36.7% of total assets), but equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-9%
Return on assets
43.6%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 274 sector peers (2024).
NBB · sector comparisonPosition among 274 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-03-2025, 122 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
122 d early
2023
29 d late
2022
18 d late
2021
106 d late
2020
165 d early
2019
108 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 4 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€27,451▲ 82.9%
2023 · -€160,184
Total assets
€304,593▲ 19.9%
2023 · €253,965
Net result
€132,732
2023 · -€48,666
Working capital
€168,128▲ 2,789%
2023 · €5,819
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 26, Manufacture of computer, electronic and optical products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€71,535-€44,829-€56,853▼ 26.8%-€44,385▲ 21.9%€136,511
Net result€68,283above the sector's middle half-€51,287below the sector's middle half-€61,898below the sector's middle half▼ 20.7%-€48,666below the sector's middle half▲ 21.4%€132,732above the sector's middle half
Equity€1,668below the sector's middle half-€49,620below the sector's middle half-€111,518below the sector's middle half▼ 125%-€160,184below the sector's middle half▼ 43.6%-€27,451below the sector's middle half▲ 82.9%
Total assets€430,548above the sector's middle half▲ 15.1%€343,032above the sector's middle half▼ 20.3%€307,449within the sector's middle half▼ 10.4%€253,965within the sector's middle half▼ 17.4%€304,593within the sector's middle half▲ 19.9%
Debt€428,881▼ 2.7%€392,651▼ 8.4%€418,967▲ 6.7%€414,148▼ 1.2%€332,044▼ 19.8%
Working capital€157,050above the sector's middle half€133,925above the sector's middle half▼ 14.7%€52,709within the sector's middle half▼ 60.6%€5,819within the sector's middle half▼ 89.0%€168,128above the sector's middle half▲ 2,789%
Solvency0.4%below the sector's middle half▲ 18.2pp-14.5%below the sector's middle half▼ 14.9pp-36.3%below the sector's middle half▼ 21.8pp-63.1%below the sector's middle half▼ 26.8pp-9.0%below the sector's middle half▲ 54.1pp
Current ratio3.19within the sector's middle half▲ 2.293.13within the sector's middle half▼ 0.061.51within the sector's middle half▼ 1.621.05within the sector's middle half▼ 0.464.75above the sector's middle half▲ 3.70
Return on assets (ROA)15.9%above the sector's middle half▲ 50.1pp-15.0%below the sector's middle half▼ 30.8pp-20.1%below the sector's middle half▼ 5.2pp-19.2%below the sector's middle half▲ 1.0pp43.6%above the sector's middle half▲ 62.7pp
Staff (FTE)1.9within the sector's middle half▲ 18.8%2▲ 5.3%1.8▼ 10.0%1.8=0.8▼ 55.6%
above
within
below
the middle half (P25 to P75) of NACE 26, Manufacture of computer, electronic and optical products, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €136,511 after a loss of €44,385 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €304,593
Fixed assets
€91,648 ▼ 32.5%
Current assets
€212,945 ▲ 80.3%
Key figures and ratios
EBITDA
€186,699▲
2023 · €31,296
Cash flow
€182,921▲
2023 · €27,015
Quick ratio
3.25▲
2023 · 0.46
Debt to equity
-12.10▼
2023 · -2.59
Interest coverage
49.12▲
2023 · 7.30
Debt ≤ 1 year
€44,817▼
2023 · €112,310
Debt > 1 year
€287,228▼
2023 · €301,839
Staff costs
€64,262▼
2023 · €69,019
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,632 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 92% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a profit of 5% of the balance sheet or more
2.9%
went bankrupt
4.8%
stopped otherwise
92%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,632 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €84,260 | €75,967 | €69,019 | €64,262 | ▼ 6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €101,365 | €106,850 | €92,237 | €75,681 | €50,188 | ▼ 33.7% |
| Other operating charges640/8 | - | €809 | €805 | €871 | €894 | ▲ 2.7% |
| Gross operating margin9900 | €235,359 | €147,089 | €112,155 | €101,185 | €251,855 | ▲ 149% |
| Operating profit (loss)9901 | €71,535 | -€44,829 | -€56,853 | -€44,385 | €136,511 | ▲ 408% |
| Financial income75/76B | - | €2 | €1 | €8 | €22 | ▲ 186% |
| Recurring financial income75 | €12 | €2 | €1 | €8 | €22 | ▲ 186% |
| Financial charges65/66B | - | €6,459 | €5,046 | €4,289 | €3,801 | ▼ 11.4% |
| Recurring financial charges65 | €3,263 | €6,459 | €5,046 | €4,289 | €3,801 | ▼ 11.4% |
| Profit (loss) for the period before taxes9903 | €68,283 | -€51,287 | -€61,898 | -€48,666 | €132,732 | ▲ 373% |
| Profit (loss) for the period9904 | €68,283 | -€51,287 | -€61,898 | -€48,666 | €132,732 | ▲ 373% |
| Profit (loss) for the period to be appropriated9905 | €68,283 | -€51,287 | -€61,898 | -€48,666 | €132,732 | ▲ 373% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €430,548 | €343,032 | €307,449 | €253,965 | €304,593 | ▲ 19.9% |
| Fixed assets21/28 | €201,905 | €146,236 | €151,792 | €135,836 | €91,648 | ▼ 32.5% |
| Intangible fixed assets21 | €198,924 | €146,236 | €149,692 | €133,736 | €89,548 | ▼ 33.0% |
| Tangible fixed assets22/27 | €2,982 | - | - | - | - | - |
| Financial fixed assets28 | - | - | €2,100 | €2,100 | €2,100 | = |
| Current assets29/58 | €228,643 | €196,796 | €155,657 | €118,128 | €212,945 | ▲ 80.3% |
| Stocks and contracts in progress3 | €36,253 | €57,102 | €66,445 | €66,814 | €67,341 | ▲ 0.8% |
| Stocks30/36 | - | €57,102 | €66,445 | €66,814 | €67,341 | ▲ 0.8% |
| Amounts receivable within one year40/41 | €6,920 | €5,693 | €9,196 | €22,849 | €33,925 | ▲ 48.5% |
| Trade receivables40 | - | €1,065 | €2,916 | €16,570 | €27,646 | ▲ 66.8% |
| Other amounts receivable41 | - | €4,629 | €6,279 | €6,279 | €6,279 | = |
| Cash at bank and in hand54/58 | €179,373 | €129,651 | €80,017 | €28,465 | €111,678 | ▲ 292% |
| Deferred charges and accrued income490/1 | - | €4,349 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €430,548 | €343,032 | €307,449 | €253,965 | €304,593 | ▲ 19.9% |
| Equity10/15 | €1,668 | -€49,620 | -€111,518 | -€160,184 | -€27,451 | ▲ 82.9% |
| Contributions10/11 | - | €138,600 | €138,600 | €138,600 | €138,600 | = |
| Profit (loss) carried forward14 | -€136,932 | -€188,220 | -€250,118 | -€298,784 | -€166,051 | ▲ 44.4% |
| Amounts payable17/49 | €428,881 | €392,651 | €418,967 | €414,148 | €332,044 | ▼ 19.8% |
| Amounts payable after more than one year17 | €357,288 | €329,780 | €316,019 | €301,839 | €287,228 | ▼ 4.8% |
| Financial debts170/4 | - | €329,780 | €316,019 | €301,839 | €287,228 | ▼ 4.8% |
| Amounts payable within one year42/48 | €71,593 | €62,871 | €102,948 | €112,310 | €44,817 | ▼ 60.1% |
| Current portion of amounts payable after more than one year42 | - | €13,355 | €13,761 | €14,180 | €14,611 | ▲ 3.0% |
| Trade debts44 | €7,527 | €13,808 | €68,477 | €51,081 | €15,155 | ▼ 70.3% |
| Suppliers440/4 | - | €13,808 | €68,477 | €51,081 | €15,155 | ▼ 70.3% |
| Taxes, remuneration and social security45 | - | €24,558 | €20,710 | €47,049 | €15,050 | ▼ 68.0% |
| Taxes450/3 | - | €6,538 | - | €19,665 | €7,804 | ▼ 60.3% |
| Remuneration and social security454/9 | - | €18,020 | €20,710 | €27,384 | €7,246 | ▼ 73.5% |
| Other amounts payable47/48 | - | €11,150 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €68,283 | -€51,287 | -€61,898 | -€48,666 | €132,732 | ▲ 373% |
| + Depreciation and write-downs630 | €101,365 | €106,850 | €92,237 | €75,681 | €50,188 | ▼ 33.7% |
| Operating cash flow (approximation) | €169,648 | €55,563 | €30,338 | €27,015 | €182,921 | ▲ 577% |
| Investment in fixed assets (approximation) | - | -€51,180 | -€97,793 | -€59,725 | -€6,000 | ▲ 90.0% |
| Change in cash | - | -€49,722 | -€49,635 | -€51,552 | €83,213 | ▲ 261% |
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
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €132,732
Net result €132,732 after 3 loss-making years.
31-12
Financial
Liquidity times 5current ratio 4.75
Current ratio from 1.05 to 4.75; short-term debt falls from €112,310 to €44,817.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 106 days late
2021
16-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €68,283
Net result €68,283 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 3.19
Current ratio from 0.90 to 3.19; short-term debt falls from €120,802 to €71,593.
16-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 108 days late
2019
31-12
Financial
Weakest financial yearnet -€128,288
Net result drops to -€128,288, the lowest in the series; recovery starts the following year.
11-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 121 days late
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Hamme (Vl.) · 1 establishment unit since 2015
Ground area
2,123 m²
Building footprint
264 m²
Volume, LiDAR
1,120 m³
Parcel 42008A1136/00F000, Flanders · tallest building 10.3 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
IQUNET
since 20152.243.593.568
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42008A1136/00F000 | Flanders | 2,123 m² | 1 · 264 m² | 10.3 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 7,518 EUR awarded · 7,518 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,825 EUR | 3,825 EUR |
| 2022 | 1 | 3,693 EUR | 3,693 EUR |
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Of 213 companies in sector 26510 we hold annual accounts for 166. 14 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
Founded10-07-2015
Fiscal year end31-12
Activities, NACEBEL 2025
26510Manufacture of computer, electronic and optical products
64210Activities of holding companies
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0633734355
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.