iReact
ActiveSummary
iReact has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €115k and a net result of €15k. Equity is growing by ~11.3% per year across the filed fiscal years. Its solvency ranks better than 77% of 20780 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability83▼-15
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 5.99 against 4.48 in 2023; short-term debt: 15.9% and cash: 75.2% of total assets), and 17.1% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three 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
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 29-07-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
25 d early
2022
60 d late
2021
39 d early
2020
36 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€115k▲ 1.1%
2023 · €113k
Total assets
€138k▼ 4.7%
2023 · €145k
Net result
€15k▼ 55.2%
2023 · €34k
Working capital
€110k▲ 4.9%
2023 · €105k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€12k▼ 44.6%€32k▲ 159%€17k▼ 45.8%€48k▲ 178%€22k▼ 53.5%
Net result€8k▼ 44.3%€22k▲ 166%€12k▼ 47.0%€34k▲ 192%€15k▼ 55.2%
Equity€76k▲ 10.9%€99k▲ 29.0%€110k▲ 11.9%€113k▲ 2.8%€115k▲ 1.1%
Total assets€106k▲ 24.8%€128k▲ 21.0%€143k▲ 11.6%€145k▲ 1.3%€138k▼ 4.7%
Debt€30k▲ 84.4%€30k▲ 0.4%€33k▲ 10.4%€32k▼ 3.7%€24k▼ 25.4%
Working capital€61k▲ 8.0%€89k▲ 45.0%€100k▲ 13.3%€105k▲ 4.1%€110k▲ 4.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 53% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €138k
Fixed assets
€7k ▼ 37.2%
Current assets
€132k ▼ 2.2%
Equity and liabilities €138k
Equity
€115k ▲ 1.1%
Debt
€24k ▼ 25.4%
Debt's share of the balance-sheet total falls from 21.8% to 17.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▼
2023 · €54k
Cash flow
€20k▼
2023 · €40k
Current ratio
5.99▲
2023 · 4.48
Debt to equity
0.21▼
2023 · 0.28
ROE
13.4%▼
2023 · 30.2%
ROA
11.1%▼
2023 · 23.6%
Interest coverage
497.95▼
2023 · 605.13
Debt ≤ 1 year
€22k▼
2023 · €30k
Income taxes
€7k▼
2023 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5k | €5k | €6k | €5k | €4k | ▼ 18.6% |
| Other operating charges640/8 | - | €1k | €2k | €2k | €2k | ▼ 7.6% |
| Non-recurring operating charges66A | - | - | €324 | - | - | - |
| Gross operating margin9900 | €19k | €39k | €26k | €56k | €29k | ▼ 48.2% |
| Operating profit (loss)9901 | €12k | €32k | €17k | €48k | €22k | ▼ 53.5% |
| Financial income75/76B | - | €0 | €83 | €3 | - | - |
| Recurring financial income75 | €22 | €0 | €83 | €3 | - | - |
| Financial charges65/66B | - | €110 | €146 | €89 | €54 | ▼ 39.1% |
| Recurring financial charges65 | €128 | €110 | €146 | €89 | €54 | ▼ 39.1% |
| Profit (loss) for the period before taxes9903 | €12k | €32k | €17k | €48k | €22k | ▼ 53.5% |
| Income taxes67/77 | €4k | €10k | €6k | €14k | €7k | ▼ 49.4% |
| Profit (loss) for the period9904 | €8k | €22k | €12k | €34k | €15k | ▼ 55.2% |
| Profit (loss) for the period to be appropriated9905 | €8k | €22k | €12k | €34k | €15k | ▼ 55.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €106k | €128k | €143k | €145k | €138k | ▼ 4.7% |
| Fixed assets21/28 | €15k | €10k | €10k | €11k | €7k | ▼ 37.2% |
| Tangible fixed assets22/27 | €15k | €10k | €10k | €11k | €7k | ▼ 37.2% |
| Plant, machinery and equipment23 | - | €2k | €1k | €3k | €2k | ▼ 27.8% |
| Furniture and vehicles24 | - | €8k | €8k | €7k | €4k | ▼ 41.2% |
| Current assets29/58 | €91k | €118k | €133k | €135k | €132k | ▼ 2.2% |
| Amounts receivable after more than one year29 | - | €18k | €18k | €10k | €7k | ▼ 30.9% |
| Trade receivables290 | - | €18k | €18k | €10k | €7k | ▼ 30.9% |
| Amounts receivable within one year40/41 | €20k | €15k | €23k | €29k | €19k | ▼ 33.9% |
| Trade receivables40 | - | €13k | €19k | €26k | €15k | ▼ 41.8% |
| Other amounts receivable41 | - | €2k | €4k | €2k | €4k | ▲ 50.8% |
| Cash at bank and in hand54/58 | €52k | €84k | €91k | €94k | €104k | ▲ 10.8% |
| Deferred charges and accrued income490/1 | - | €2k | €2k | €2k | €2k | ▼ 14.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €106k | €128k | €143k | €145k | €138k | ▼ 4.7% |
| Equity10/15 | €76k | €99k | €110k | €113k | €115k | ▲ 1.1% |
| Contributions10/11 | - | €19k | €19k | - | - | - |
| Reserves13 | €36k | €58k | €70k | €113k | €115k | ▲ 1.1% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | €57k | €68k | €113k | €115k | ▲ 1.1% |
| Profit (loss) carried forward14 | €22k | €22k | €22k | - | - | - |
| Amounts payable17/49 | €30k | €30k | €33k | €32k | €24k | ▼ 25.4% |
| Amounts payable within one year42/48 | €30k | €30k | €33k | €30k | €22k | ▼ 26.8% |
| Financial debts43 | - | - | €3 | - | - | - |
| Credit institutions430/8 | - | - | €3 | - | - | - |
| Trade debts44 | €17k | €21k | €23k | €6k | €2k | ▼ 60.6% |
| Suppliers440/4 | - | €21k | €23k | €6k | €2k | ▼ 60.6% |
| Taxes, remuneration and social security45 | - | €8k | €9k | €11k | €5k | ▼ 51.1% |
| Taxes450/3 | - | €8k | €9k | €11k | €5k | ▼ 51.1% |
| Other amounts payable47/48 | - | €929 | €965 | €13k | €14k | ▲ 10.0% |
| Accrued charges and deferred income492/3 | - | - | - | €2k | €2k | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €8k | €22k | €12k | €34k | €15k | ▼ 55.2% |
| + Depreciation and write-downs630 | €5k | €5k | €6k | €5k | €4k | ▼ 18.6% |
| Operating cash flow (approximation) | €13k | €28k | €18k | €40k | €20k | ▼ 50.1% |
| Investment in fixed assets (approximation) | - | €0 | €-6k | €-6k | €-565 | ▲ 90.7% |
| Change in cash | - | €32k | €7k | €3k | €10k | ▲ 233% |
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
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €34k ▲192%
Operating result €48k, net result €34k, both a record.
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Equity above €100kEq €110k ▲11.9%
5 profitable years in a row build equity to €110k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €8k ▼44.3%
Net result drops to €8k, the lowest in the series; recovery starts the following year.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
08-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
01-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 1 day late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Leuven · 1 establishment unit since 2014
Ground area
572 m²
Building footprint
121 m²
Volume, LiDAR
741 m³
Parcel 24483E0215/00Y014, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
iReact
since 20142.227.352.206
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24483E0215/00Y014 | Flanders | 572 m² | 1 · 121 m² | 9.2 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
87550034113FQ27Z6K29
Similar companies · same sector, comparable size
Vdptrans
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DIGICOR
BE 0875.064.219
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VWJ CONSULTANCY
BE 0668.676.329
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LEADIST
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Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,516 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
Founded21-02-2014
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.