Skip to content

iRARP

Active
Private limited companyfounded 20215 yrs activeResearchdreef 10, 1070 Anderlecht, BelgiumKBO/BCE: BE 0767.904.161
Summary

The annual accounts of iRARP for fiscal year 2025 show a net loss of 131% of total assets and of 62% of the equity at the start of that year. The 2025 annual accounts show equity of €8,521 and a net result of -€13,898. Equity is shrinking by ~15.9% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (low).

Risk analysisWatch ReportCompare
iRARPActiveChecked score 55/100
Risk analysis ReportCompare

Overview

Activity
Activity not known1 site
Size
€10,613total assets 2025
Equity
€8,521
Loss
-€13,898
Turnover not published (abridged schema)
Financial health
55 Fair Checked score 2025
Bankruptcy chance 12 m
1.3%
Structure
Parent
ORSI ACADEMY · 60%
Accounts filed 31 d late0 of 1 deed read
Why 55Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- No main activity registered- Latest accounts 31 days late; 1 of the last 3 late+ Liquidity: current ratio 5.07, cash €6,264, halved+ Size: total assets €10,613Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 45% of its sector peers (no NACE code, micro)
Performance against the sector, not lower risk
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 80.3% of total assets
Liquidity 94-6
short-term debt 19.7% · cash 59.0%
Profitability 0-17
return on assets -131.0%
Bankruptcy probability, 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.9% 12-2024: 0.9%▲ +2.7% vs 11-2024 01-2025: 0.9%▼ -0.1% vs 12-2024 02-2025: 0.9%▲ +0.2% vs 01-2025 03-2025: 1.0%▲ +5.4% vs 02-2025 04-2025: 1.0%▲ +5.0% vs 03-2025 05-2025: 1.0%▲ +1.9% vs 04-2025 06-2025: 1.1%▲ +3.6% vs 05-2025 07-2025: 1.2%▲ +7.6% vs 06-2025 08-2025: 0.8%▼ -33.0% vs 07-2025 09-2025: 0.8%● 0.0% vs 08-2025 10-2025: 0.8%● 0.0% vs 09-2025 11-2025: 0.8%● 0.0% vs 10-2025 12-2025: 0.8%● 0.0% vs 11-2025 01-2026: 0.8%▼ -0.1% vs 12-2025lowest value 02-2026: 0.8%▲ +3.2% vs 01-2026 03-2026: 0.8%▲ +5.5% vs 02-2026 04-2026: 0.9%▲ +5.0% vs 03-2026 05-2026: 0.9%▼ -2.6% vs 04-2026 06-2026: 0.8%▼ -3.5% vs 05-2026 07-2026: 0.9%▲ +1.7% vs 06-2026 08-2026: 1.3%▲ +52.5% vs 07-2026 09-2026: 1.3%▲ +0.7% vs 08-2026highest value 10-2026: 1.3%● 0.0% vs 09-2026highest value
  • No main activity registered raises the probability
  • Liquidity: current ratio 5.07, cash €6,264, halved lowers the probability
  • Size: total assets €10,613 lowers the probability for this profile
  • Latest accounts 31 days late; 1 of the last 3 late raises the probability
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 5.07 against 32.64 in 2024; short-term debt: 19.7% and cash: 59% of total assets), and 19.7% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 81%, liquidity 85%, profitability 4%, growth against the median 8%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No main activity registered
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Liquidity: current ratio 5.07, cash €6,264, halved
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Size: total assets €10,613
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Latest accounts 31 days late; 1 of the last 3 late
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
22232425
2022 to 2025 · latest year -€13,898
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 d late
2024
1 d early
2023
30 d late
2022
29 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 22 days after 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 30 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Weakest financial yearnet -€13,898
  3. Annual accounts filedfiscal year 2024 · micro…

Key points

  • Risk: 4 loss-making years in a rowloss fiscal year 2025 -€13,898 View
  • Controlled by ORSI ACADEMY 60% View
  • Total assets 20254 fiscal years filed €10,613 View

By topic

Financials

Fiscal year
2025
Total assets
€10,613
Loss
-€13,898
Solvency
80.3%
Total assets▼ 54.1%
Net result
20222025
Go to Financials

Timeline

Events
5
Since
2023
Next accounts
by 31-07-2027
  1. 31-08-2026Annual accounts filed
  2. 31-12-2025Weakest financial year
  3. 30-07-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
06-05-2021
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure