IRCON
ActiveSummary
IRCON has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €207k and a net result of €19k. Equity is growing by ~12.6% per year across the filed fiscal years. Its solvency ranks better than 79% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability57▼-4
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 5.74 against 13.04 in 2024; short-term debt: 17.4% and cash: 94% of total assets), and 17.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
82.6%
Return on assets
7.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 06-05-2026, 86 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
86 d early
2024
70 d early
2023
57 d early
2022
18 d early
2021
19 d early
2020
4 d early
2019
28 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€207k▲ 0.4%
2024 · €206k
2018: €89klowest in 8 years
2019: €106k▲ +18.3% vs 2018
2020: €100k▼ -5.3% vs 2019
2021: €151k▲ +51.0% vs 2020
2022: €151k● 0.0% vs 2021
2023: €191k▲ +26.5% vs 2022
2024: €206k▲ +7.8% vs 2023
2025: €207k▲ +0.4% vs 2024highest in 8 years
2018 → 2025
Total assets
€250k▲ 12.3%
2024 · €223k
2018: €222k
2019: €159k▼ -28.2% vs 2018
2020: €123k▼ -22.6% vs 2019lowest in 8 years
2021: €214k▲ +73.2% vs 2020
2022: €300k▲ +40.5% vs 2021highest in 8 years
2023: €212k▼ -29.2% vs 2022
2024: €223k▲ +4.9% vs 2023
2025: €250k▲ +12.3% vs 2024
2018 → 2025
Net result
€19k▼ 8.9%
2024 · €21k
2018: €128khighest in 8 years
2019: €29k▼ -77.1% vs 2018
2020: €-6k▼ -119% vs 2019lowest in 8 years
2021: €51k▲ +1016% vs 2020
2022: €92k▲ +81.3% vs 2021
2023: €40k▼ -56.8% vs 2022
2024: €21k▼ -47.2% vs 2023
2025: €19k▼ -8.9% vs 2024
2018 → 2025
Working capital
€207k▲ 0.4%
2024 · €206k
2018: €95klowest in 8 years
2019: €111k▲ +17.2% vs 2018
2020: €100k▼ -10.1% vs 2019
2021: €151k▲ +51.0% vs 2020
2022: €148k▼ -2.2% vs 2021
2023: €191k▲ +29.3% vs 2022
2024: €206k▲ +7.8% vs 2023
2025: €207k▲ +0.4% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€151k-€151k=€191k▲ 26.5%€206k▲ 7.8%€207k▲ 0.4%
2021: €151klowest in 5 years
2022: €151k● 0.0% vs 2021lowest in 5 years
2023: €191k▲ +26.5% vs 2022
2024: €206k▲ +7.8% vs 2023
2025: €207k▲ +0.4% vs 2024highest in 5 years
Operating result€75k-€126k▲ 68.1%€61k▼ 51.9%€29k▼ 51.8%€20k▼ 32.8%
2021: €75k
2022: €126k▲ +68.1% vs 2021highest in 5 years
2023: €61k▼ -51.9% vs 2022
2024: €29k▼ -51.8% vs 2023
2025: €20k▼ -32.8% vs 2024lowest in 5 years
Net result€51k-€92k▲ 81.3%€40k▼ 56.8%€21k▼ 47.2%€19k▼ 8.9%
2021: €51k
2022: €92k▲ +81.3% vs 2021highest in 5 years
2023: €40k▼ -56.8% vs 2022
2024: €21k▼ -47.2% vs 2023
2025: €19k▼ -8.9% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 33% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €250k
Equity
€207k ▲ 0.4%
Debt
€44k ▲ 155%
Debt's share of the balance-sheet total rises from 7.7% to 17.4%. Equity and debt are higher.
Key figures and ratios
Current ratio
5.74▼
2024 · 13.04
Debt to equity
0.21▲
2024 · 0.08
ROE
9.3%▼
2024 · 10.3%
ROA
7.7%▼
2024 · 9.5%
Debt ≤ 1 year
€44k▲
2024 · €17k
Income taxes
€1k▼
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet
Code20242025
Assets
Total assets20/58€223k€250k▲
Current assets29/58€223k€250k▲
Amounts receivable within one year40/41€352€15k▲
Trade receivables40-€15k
Other amounts receivable41€352€271▼
Cash at bank and in hand54/58€223k€235k▲
Equity and liabilities
Total equity and liabilities10/49€223k€250k▲
Equity10/15€206k€207k▲
Contributions10/11€6k€6k=
Reserves13€200k€200k▲
Distributable reserves133€200k€200k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€17k€44k▲
Amounts payable within one year42/48€17k€44k▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€4k€10k▲
Taxes450/3€4k€10k▲
Remuneration and social security454/9€1€0▼
Other amounts payable47/48€12k€32k▲
Income statement
Code20242025
Other operating charges640/8€950€839▼
Gross operating margin9900€30k€20k▼
Operating profit (loss)9901€29k€20k▼
Financial income75/76B€448€904▲
Recurring financial income75€448€904▲
Financial charges65/66B€156€81▼
Recurring financial charges65€156€81▼
Profit (loss) for the period before taxes9903€29k€20k▼
Income taxes67/77€8k€1k▼
Profit (loss) for the period9904€21k€19k▼
Profit (loss) for the period to be appropriated9905€21k€19k▼
Appropriation of the result
Profit (loss) to be appropriated9906€21k€19k▼
Transfer to equity691/2€15k€917▼
To other reserves6921€15k€917▼
Profit to be distributed694/7€6k€18k▲
Directors or managers695€6k€18k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €394 | €597 | €1k | €950 | €839 | ▼ 11.7% |
| Gross operating margin9900 | €75k | €127k | €62k | €30k | €20k | ▼ 32.1% |
| Operating profit (loss)9901 | €75k | €126k | €61k | €29k | €20k | ▼ 32.8% |
| Financial income75/76B | €3 | €282 | €0 | €448 | €904 | ▲ 102% |
| Recurring financial income75 | €3 | €282 | €0 | €448 | €904 | ▲ 102% |
| Financial charges65/66B | €78 | €137 | €24 | €156 | €81 | ▼ 48.2% |
| Recurring financial charges65 | €78 | €137 | €24 | €156 | €81 | ▼ 48.2% |
| Profit (loss) for the period before taxes9903 | €75k | €126k | €61k | €29k | €20k | ▼ 30.6% |
| Income taxes67/77 | €24k | €34k | €21k | €8k | €1k | ▼ 85.3% |
| Profit (loss) for the period9904 | €51k | €92k | €40k | €21k | €19k | ▼ 8.9% |
| Profit (loss) for the period to be appropriated9905 | €51k | €92k | €40k | €21k | €19k | ▼ 8.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €214k | €300k | €212k | €223k | €250k | ▲ 12.3% |
| Fixed assets21/28 | - | €3k | - | - | - | - |
| Tangible fixed assets22/27 | - | €3k | - | - | - | - |
| Furniture and vehicles24 | - | €3k | - | - | - | - |
| Current assets29/58 | €214k | €297k | €212k | €223k | €250k | ▲ 12.3% |
| Amounts receivable within one year40/41 | €13k | €17k | €47 | €352 | €15k | ▲ 4,190% |
| Trade receivables40 | €13k | €16k | - | - | €15k | - |
| Other amounts receivable41 | - | €416 | €47 | €352 | €271 | ▼ 22.9% |
| Cash at bank and in hand54/58 | €201k | €280k | €212k | €223k | €235k | ▲ 5.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €214k | €300k | €212k | €223k | €250k | ▲ 12.3% |
| Equity10/15 | €151k | €151k | €191k | €206k | €207k | ▲ 0.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €145k | €145k | €185k | €200k | €200k | ▲ 0.5% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €143k | €143k | €185k | €200k | €200k | ▲ 0.5% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €63k | €149k | €21k | €17k | €44k | ▲ 155% |
| Amounts payable within one year42/48 | €63k | €149k | €21k | €17k | €44k | ▲ 155% |
| Trade debts44 | €1k | €1k | €1k | €1k | €1k | ▲ 21.8% |
| Suppliers440/4 | €1k | €1k | €1k | €1k | €1k | ▲ 21.8% |
| Taxes, remuneration and social security45 | €34k | €32k | €9k | €4k | €10k | ▲ 157% |
| Taxes450/3 | €34k | €32k | €9k | €4k | €10k | ▲ 157% |
| Remuneration and social security454/9 | - | - | - | €1 | €0 | ▼ 100% |
| Other amounts payable47/48 | €27k | €116k | €11k | €12k | €32k | ▲ 168% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51k | €92k | €40k | €21k | €19k | ▼ 8.9% |
| Operating cash flow (approximation) | €51k | €92k | €40k | €21k | €19k | ▼ 8.9% |
| Change in cash | - | €79k | €-68k | €10k | €13k | ▲ 25.0% |
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
06-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €206k ▲7.8%
4 profitable years in a row build equity to €206k.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity times 5current ratio 9.89
Current ratio from 1.99 to 9.89; short-term debt falls from €149k to €21k.
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €51k
Net result €51k after one loss-making year.
31-12
Financial
Equity above €150kEq €151k ▲51%
Equity rises from €100k to €151k.
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
31-12
Financial
Equity above €100kEq €106k ▲18.3%
2 profitable years in a row build equity to €106k.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Antwerpen · 1 establishment unit since 2004
Ground area
61 m²
Building footprint
56 m²
Volume, LiDAR
646 m³
Parcel 11811L3606/00T002, Flanders · tallest building 14.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
INNE RAE
since 20042.145.046.122
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3606/00T002 | Flanders | 61 m² | 1 · 56 m² | 14.1 m · 4 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.
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 39,754 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
Founded10-12-2004
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.