IRC.be
ActiveSummary
IRC.be has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €744,842 and a net result of €267,618. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 50% of 1460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability86▲+8
Solvency64▼-10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60,000 at 30 days acceptable
Liquidity ample (current ratio 4.38 against 2.09 in 2024; short-term debt: 22.4% and cash: 26.4% of total assets), but 60.9% of the assets are financed with debt.
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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
39.1%
Return on assets
14%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €744,842
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
60 d late
2024
1 d early
2023
89 d early
2022
4 d early
2021
2 d early
2020
57 d early
2019
18 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 16 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed 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 29 July (4 of the last 5 filed years within 62 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
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 Is the workforce growing, and do people stay?Employer check 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 What other support did companies like this one receive, and it did not?Subsidies
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Financials · fiscal year 2025, full schema
In the rankings
#3 oldest company in Dendermonde, Telecoms and IT sector#6 company by total assets in Dendermonde, Telecoms and IT sector#6 company by equity in Dendermonde, Telecoms and IT sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€267,618▲ 208%
2024 · €86,911
Working capital
€1.4m▲ 154%
2024 · €568,859
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€33,396€1,636-€5,272€123,841€148,823▲ 20.2%
Net result-€14,668below the sector's middle half€5,655within the sector's middle half€1,485within the sector's middle half▼ 73.7%€86,911within the sector's middle half▲ 5,754%€267,618above the sector's middle half▲ 208%
Equity€683,173above the sector's middle half▼ 2.1%€688,828above the sector's middle half▲ 0.8%€590,313within the sector's middle half▼ 14.3%€577,224within the sector's middle half▼ 2.2%€744,842within the sector's middle half▲ 29.0%
Total assets€1.1mwithin the sector's middle half▼ 19.0%€1.2mwithin the sector's middle half▲ 6.4%€1.0mwithin the sector's middle half▼ 16.0%€1.2mwithin the sector's middle half▲ 17.2%€1.9mwithin the sector's middle half▲ 62.3%
Debt€358,123▼ 38.1%€444,328▲ 24.1%€365,372▼ 17.8%€560,620▲ 53.4%€1.1m▲ 103%
Working capital€519,001above the sector's middle half▲ 20.0%€589,323above the sector's middle half▲ 13.5%€533,370above the sector's middle half▼ 9.5%€568,859above the sector's middle half▲ 6.7%€1.4mabove the sector's middle half▲ 154%
Solvency60.9%within the sector's middle half▲ 10.5pp57.7%within the sector's middle half▼ 3.2pp58.8%within the sector's middle half▲ 1.2pp49.1%within the sector's middle half▼ 9.7pp39.1%within the sector's middle half▼ 10.1pp
Current ratio2.96within the sector's middle half▲ 1.042.63within the sector's middle half▼ 0.332.64within the sector's middle half▲ 0.012.09within the sector's middle half▼ 0.544.38above the sector's middle half▲ 2.29
Return on assets (ROA)-1.3%below the sector's middle half▼ 18.1pp0.5%within the sector's middle half▲ 1.8pp0.1%within the sector's middle half▼ 0.3pp7.4%within the sector's middle half▲ 7.2pp14.0%above the sector's middle half▲ 6.6pp
Staff (FTE)10.5within the sector's middle half▼ 6.3%10.6within the sector's middle half▲ 1.0%10.2within the sector's middle half▼ 3.8%10within the sector's middle half▼ 2.0%11.5within the sector's middle half▲ 15.0%
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result +208% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€38,286 ▼ 55.8%
Current assets
€1.9m ▲ 71.7%
Equity and liabilities €1.9m
Equity
€744,842 ▲ 29.0%
Provisions
€24,573 ▼ 34.4%
Debt
€1.1m ▲ 103%
Debt's share of the balance-sheet total rises from 47.7% to 59.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€197,247▼
2024 · €217,062
Cash flow
€316,043▲
2024 · €180,132
Debt to equity
1.53▲
2024 · 0.97
ROE
35.9%▲
2024 · 15.1%
Interest coverage
40.43▲
2024 · 23.82
Debt ≤ 1 year
€426,657▼
2024 · €519,728
Income taxes
€2,180▼
2024 · €40,186
Staff costs
€888,092▲
2024 · €787,933
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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% | 1.8% |
| 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 20,134 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | - | €3,666 | - | - |
| Remuneration, social security and pensions62 | €676,316 | €705,449 | €813,988 | €787,933 | €888,092 | ▲ 12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €174,563 | €122,096 | €124,794 | €93,221 | €48,425 | ▼ 48.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €13,077 | -€9,246 | ▼ 171% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | €1,281 | -€2,738 | €3,529 | €750 | -€11,160 | ▼ 1,588% |
| Other operating charges640/8 | €1,675 | €2,340 | €1,835 | €1,957 | €14,470 | ▲ 640% |
| Non-recurring operating charges66A | - | - | - | €4,387 | - | - |
| Gross operating margin9900 | €820,439 | €828,784 | €938,873 | €1.0m | €1.1m | ▲ 5.3% |
| Operating profit (loss)9901 | -€33,396 | €1,636 | -€5,272 | €123,841 | €148,823 | ▲ 20.2% |
| Financial income75/76B | €1,034 | €1,884 | €4,318 | €1,517 | €124,134 | ▲ 8,082% |
| Recurring financial income75 | €1,034 | €1,884 | €4,318 | €1,517 | €124,134 | ▲ 8,082% |
| Financial charges65/66B | €9,501 | €12,557 | €12,211 | €9,111 | €4,879 | ▼ 46.5% |
| Recurring financial charges65 | €9,501 | €12,557 | €12,211 | €9,111 | €4,879 | ▼ 46.5% |
| Profit (loss) for the period before taxes9903 | -€41,863 | -€9,036 | -€13,165 | €116,247 | €268,078 | ▲ 131% |
| Transfer from deferred taxes780 | €29,083 | €16,897 | €16,897 | €10,850 | €1,720 | ▼ 84.1% |
| Income taxes67/77 | €1,888 | €2,206 | €2,247 | €40,186 | €2,180 | ▼ 94.6% |
| Profit (loss) for the period9904 | -€14,668 | €5,655 | €1,485 | €86,911 | €267,618 | ▲ 208% |
| Transfer from tax-exempt reserves789 | €87,249 | €50,691 | €50,691 | €32,549 | €5,161 | ▼ 84.1% |
| Profit (loss) for the period to be appropriated9905 | €72,581 | €56,346 | €52,176 | €119,460 | €272,779 | ▲ 128% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.1m | €1.2m | €1.0m | €1.2m | €1.9m | ▲ 62.3% |
| Fixed assets21/28 | €337,698 | €243,707 | €144,263 | €86,711 | €38,286 | ▼ 55.8% |
| Intangible fixed assets21 | €209,571 | €131,786 | €54,000 | €9,643 | - | - |
| Tangible fixed assets22/27 | €128,127 | €111,921 | €90,263 | €77,068 | €38,286 | ▼ 50.3% |
| Plant, machinery and equipment23 | €36,097 | €39,050 | €42,831 | €48,019 | €27,336 | ▼ 43.1% |
| Furniture and vehicles24 | €92,029 | €72,872 | €47,432 | €29,049 | €10,950 | ▼ 62.3% |
| Leasing and similar rights25 | €0 | - | - | - | - | - |
| Current assets29/58 | €784,156 | €950,371 | €858,976 | €1.1m | €1.9m | ▲ 71.7% |
| Stocks and contracts in progress3 | - | - | €63,893 | €6,875 | - | - |
| Contracts in progress37 | - | - | €63,893 | €6,875 | - | - |
| Amounts receivable within one year40/41 | €305,474 | €690,145 | €417,020 | €347,705 | €1.4m | ▲ 293% |
| Trade receivables40 | €277,006 | €530,853 | €333,380 | €328,233 | €594,662 | ▲ 81.2% |
| Other amounts receivable41 | €28,467 | €159,292 | €83,640 | €19,473 | €770,871 | ▲ 3,859% |
| Current investments50/53 | €72,654 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €392,133 | €235,520 | €364,419 | €727,780 | €502,749 | ▼ 30.9% |
| Deferred charges and accrued income490/1 | €13,896 | €24,706 | €13,645 | €6,225 | €774 | ▼ 87.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.1m | €1.2m | €1.0m | €1.2m | €1.9m | ▲ 62.3% |
| Equity10/15 | €683,173 | €688,828 | €590,313 | €577,224 | €744,842 | ▲ 29.0% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €621,200 | €626,855 | €528,340 | €515,250 | €682,869 | ▲ 32.5% |
| Non-distributable reserves130/1 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Tax-exempt reserves132 | €139,093 | €88,402 | €37,710 | €5,161 | - | - |
| Distributable reserves133 | €475,910 | €532,256 | €484,432 | €503,892 | €676,671 | ▲ 34.3% |
| Profit (loss) carried forward14 | €0 | - | €0 | €0 | - | - |
| Provisions and deferred taxes16 | €80,557 | €60,922 | €47,554 | €37,454 | €24,573 | ▼ 34.4% |
| Provisions for liabilities and charges160/5 | €34,193 | €31,455 | €34,984 | €35,734 | €24,573 | ▼ 31.2% |
| Environmental obligations163 | €34,193 | - | - | - | - | - |
| Other liabilities and charges164/5 | - | €31,455 | €34,984 | €35,734 | €24,573 | ▼ 31.2% |
| Deferred taxes168 | €46,364 | €29,467 | €12,570 | €1,720 | - | - |
| Amounts payable17/49 | €358,123 | €444,328 | €365,372 | €560,620 | €1.1m | ▲ 103% |
| Amounts payable after more than one year17 | €59,625 | €47,290 | €0 | - | - | - |
| Financial debts170/4 | €59,625 | €47,290 | €0 | - | - | - |
| Amounts payable within one year42/48 | €265,155 | €361,049 | €325,606 | €519,728 | €426,657 | ▼ 17.9% |
| Current portion of amounts payable after more than one year42 | €12,683 | €12,531 | €0 | - | - | - |
| Financial debts43 | €52,361 | €49,557 | €0 | - | - | - |
| Credit institutions430/8 | €52,361 | €49,557 | €0 | - | - | - |
| Trade debts44 | €111,489 | €170,031 | €98,106 | €287,048 | €153,632 | ▼ 46.5% |
| Suppliers440/4 | €111,489 | €170,031 | €98,106 | €287,048 | €153,632 | ▼ 46.5% |
| Taxes, remuneration and social security45 | €88,622 | €92,592 | €116,553 | €132,624 | €173,025 | ▲ 30.5% |
| Taxes450/3 | €19,317 | €17,582 | €29,412 | €47,733 | €74,163 | ▲ 55.4% |
| Remuneration and social security454/9 | €69,306 | €75,010 | €87,141 | €84,891 | €98,862 | ▲ 16.5% |
| Other amounts payable47/48 | €0 | €36,338 | €110,947 | €100,055 | €100,000 | ▼ 0.1% |
| Accrued charges and deferred income492/3 | €33,343 | €35,989 | €39,766 | €40,892 | €711,270 | ▲ 1,639% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€14,668 | €5,655 | €1,485 | €86,911 | €267,618 | ▲ 208% |
| + Depreciation and write-downs630 | €174,563 | €122,096 | €124,794 | €93,221 | €48,425 | ▼ 48.1% |
| Operating cash flow (approximation) | €159,895 | €127,751 | €126,278 | €180,132 | €316,043 | ▲ 75.5% |
| Investment in fixed assets (approximation) | - | -€28,105 | -€25,350 | -€35,669 | €0 | ▲ 100% |
| Change in cash | - | -€156,612 | €128,898 | €363,362 | -€225,031 | ▼ 162% |
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
Next filing, fiscal year 2026, expected by
2026
29-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 60 days late
2025
31-12
Financial
Highest result since 2018net €267,618 ▲208%
Net result €267,618, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 4.38
Current ratio from 2.09 to 4.38; short-term debt falls from €519,728 to €426,657.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
03-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €5,655
Net result €5,655 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €232,455
Net result €232,455 after 2 loss-making years.
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 10 days late
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
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 1988
Ground area
2,139 m²
Building footprint
557 m²
Volume, LiDAR
2,624 m³
Parcel 42021A0884/00V004, Flanders · tallest building 6.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
IRC.be
since 19882.034.851.350
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A0884/00V004 | Flanders | 2,139 m² | 1 · 557 m² | 6.6 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.
Structure & network
Owners and holdings
1 ownerChain of control
- vass.technology
- IRC.be
Highest known parent: vass.technology. The sources do not say who stands above it.
Owners 1
- vass.technologyparent99.95%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Subsidies and aid
Flemish government
2022 · 2 entries · 2,136 EUR awarded · 2,136 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 2,136 EUR | 2,136 EUR |
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Company details
Identification
Legal formPublic limited company
Founded20-01-1988
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0433172207
Also
9925:BE0433172207
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.