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IRBS

Active Private limited companyfounded 2005active for 20 yearsBankstraat 23, 8560 WevelgemKBO/BCE: BE 0877.399.642

Lifetime

20 annual accounts with figures on one time axis
peak €21,902 (2013)
€21,179▲ 192%
lowest -€14,440 (2023)
€15,637▲ 464%
peak €25,691 (2009)
-€12,876▲ €15,637
€216,123▼ 7.8%
Board1 name since 2022
1 director
Documentsfilings and deeds
30-10-20261 day before the deadline
2026micro format
Gross margin from €7,245 to €21,179Result from €2,772 to €15,637Equity from -€28,512 to -€12,876Investments €5,978Cash from €960 to €63

Key points

from the 2026 annual accounts

Equity

-€12,876
202120222023202420252026

Debts exceed assets in financial year 2026.

Turnover

≈ €110,000 estimated

The accounts state no turnover.

Debts

€216,123 106% of the balance sheet
Financial debts 11%Suppliers 67%Taxes and wages 2%Other 20%

Of this, €189,903 falls due within a year.

Investments

€5,978 2.3 × depreciation
20222026

Green is investment, beige is depreciation.

Filings

20 annual accounts since 2007
deadline2010201520202025

Seven of the last ten came late. The 2018 accounts came latest: 315 days after the end of the period.

Position in the sector

-6.3%

Lower solvency than 95% of companies in architecture and engineering. Sector median 56.6% · 428 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,795 companies had the same profile as IRBS has now. Each dot stands for 10 companies, two years later.

91.4%
were still trading
5.4%
stopped another way
2.7%
went bankrupt
  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more

Another 0.6% 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 3,795 companies, not a prediction for IRBS. 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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Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0877399642
Reappointment: (director) “nieuw voorwerp” (deed in Dutch) · Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 11-12-2023 · Gazette deed
First establishment Bankstraat 23, Wevelgem
Incorporation published on 02-12-2005 · Gazette deed
All 30 events

Comparable companies

same main activity, similar in size and age
Company
IRBS Wevelgem €203,248 €21,179 -6.3% -
CADPOWER Izegem €148,978 €29,053 37.9% -
Svend Construct Zonhoven €154,436 €23,489 71.1% -
JK EMC Schoten €178,747 €26,759 93.9% -
WELDING - METALLURGY CONSULTANCY Hulshout €293,554 €21,018 35.6% -
B'ETHICAL Forest €143,530 €18,915 95.3% -
AGRO PLAN CONSULTING Huldenberg €160,405 €29,316 90.1% -

These companies have the same main activity as IRBS: other technical testing and analysis (NACE 71209). They are comparable in size and age: total assets between €144,000 and €294,000, founded between 1999 and 2010.

Official details

Source: KBO
Status
Active since 22-11-2005Normal situation
Activity
Other technical testing and analysisNACE 71209and 4 others
Establishment unit
2.165.752.1578560 Wevelgem, since 01-10-2007
Financial year end
31 March
Peppol
Reachable since 10-10-2024
Company details

Annual accounts to 31-03-2026

€203,248▼ 1.2%
Filing
Filed on 30-10-2026, 1 day before the end of the filing period
Financials

Insights on IRBS

IRBS files the micro format. That format states no turnover. The gross margin rose from €19,209 in 2007 to €21,179 in 2026.

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 IRBS

What is the company number of IRBS?
The company number of IRBS is 0877.399.642. The VAT number is the same number with BE in front: BE 0877.399.642.
Where is IRBS based?
The registered office is at Bankstraat 23, 8560 Wevelgem.Company details
What does IRBS do?
According to the KBO register, the main activity is other technical testing and analysis (NACE 71209).
What is the legal form of IRBS?
IRBS is a private limited company (BV).
When was IRBS founded?
IRBS was founded on 22-11-2005.
Is IRBS still active?
Yes, IRBS is an active enterprise in the KBO register.
What is the turnover of IRBS?
The turnover in financial year 2026 is ≈ €110,000. This figure is estimated from the gross margin of €21,179 and 102 comparable companies (NACE 71). It probably lies between €65,000 and €220,000. It is a rough estimate. In financial year 2021 turnover was €55,636.Financials
Is IRBS profitable?
In financial year 2026, IRBS made a profit of €15,637.
Where can I find the annual accounts of IRBS?
IRBS filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of IRBS due?
IRBS must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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