IREM
ActiveSummary
IREM has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4k and a net result of €13k. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 37% of 13417 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency40▲+40
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more 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 · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-05-2026, 13 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 · 10 filingsDeviation from the deadline
2025
13 d late
2024
61 d late
2023
1 d early
2022
2 d early
2021
33 d early
2020
1 d early
2019
2 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€4k
2024 · €-9k
Total assets
€24k▼ 25.3%
2024 · €32k
Net result
€13k▲ 14.9%
2024 · €11k
Working capital
€-1k▲ 92.3%
2024 · €-14k
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
Line20212022202320242025
Operating result€9k€7k▼ 26.6%€29k▲ 335%€11k▼ 62.2%€18k▲ 62.8%
Net result€9k€6k▼ 34.0%€27k▲ 384%€11k▼ 60.2%€13k▲ 14.9%
Equity€-53k▲ 13.9%€-47k▲ 10.7%€-20k▲ 57.9%€-9k▲ 54.8%€4k
Total assets€21k▲ 17.3%€12k▼ 44.7%€27k▲ 136%€32k▲ 16.5%€24k▼ 25.3%
Debt€74k▼ 6.9%€59k▼ 20.3%€47k▼ 19.8%€41k▼ 13.5%€20k▼ 50.4%
Working capital€-56k▲ 16.2%€-49k▲ 11.8%€-21k▲ 57.1%€-14k▲ 33.0%€-1k▲ 92.3%
Staff (FTE)1.4
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 63% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24k
Fixed assets
€11k ▲ 6.2%
Current assets
€13k ▼ 41.0%
Equity and liabilities €24k
Equity
€4k
Debt
€20k
Debt finances 85.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€21k▲
2024 · €12k
Cash flow
€15k▲
2024 · €12k
Current ratio
0.92▲
2024 · 0.60
Quick ratio
0.56▼
2024 · 0.56
Debt to equity
5.76▲
2024 · -4.53
ROE
356.2%
ROA
52.7%▲
2024 · 34.3%
Interest coverage
13.74
Debt ≤ 1 year
€14k▼
2024 · €35k
Debt > 1 year
€7k▲
2024 · €6k
Income taxes
€4k
Staff costs
€902▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €3k | €902 | ▼ 70.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €914 | €567 | €2k | €3k | ▲ 91.6% |
| Other operating charges640/8 | - | €877 | €3k | €568 | €3k | ▲ 498% |
| Gross operating margin9900 | €12k | €8k | €32k | €16k | €25k | ▲ 55.3% |
| Operating profit (loss)9901 | €9k | €7k | €29k | €11k | €18k | ▲ 62.8% |
| Financial income75/76B | - | €5 | €1 | - | - | - |
| Recurring financial income75 | €0 | €5 | €1 | - | - | - |
| Financial charges65/66B | - | €982 | €1k | - | €2k | - |
| Recurring financial charges65 | €464 | €982 | €1k | - | €2k | - |
| Profit (loss) for the period before taxes9903 | €9k | €6k | €27k | €11k | €16k | ▲ 49.0% |
| Income taxes67/77 | - | - | - | - | €4k | - |
| Profit (loss) for the period9904 | €9k | €6k | €27k | €11k | €13k | ▲ 14.9% |
| Profit (loss) for the period to be appropriated9905 | €9k | €6k | €27k | €11k | €13k | ▲ 14.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21k | €12k | €27k | €32k | €24k | ▼ 25.3% |
| Fixed assets21/28 | €3k | €2k | €1k | €11k | €11k | ▲ 6.2% |
| Tangible fixed assets22/27 | €3k | €2k | €1k | €8k | €8k | ▲ 8.6% |
| Plant, machinery and equipment23 | - | €0 | - | €7k | €5k | ▼ 22.7% |
| Furniture and vehicles24 | - | €0 | - | - | €3k | - |
| Other tangible fixed assets26 | - | €2k | €1k | €567 | - | - |
| Financial fixed assets28 | - | - | - | €3k | €3k | = |
| Current assets29/58 | €18k | €10k | €26k | €21k | €13k | ▼ 41.0% |
| Stocks and contracts in progress3 | €3k | €603 | €902 | €1k | €5k | ▲ 276% |
| Stocks30/36 | - | €603 | €902 | €1k | €5k | ▲ 276% |
| Amounts receivable within one year40/41 | €353 | €2k | €0 | €10k | €505 | ▼ 95.2% |
| Trade receivables40 | - | €2k | €0 | €10k | €505 | ▼ 95.2% |
| Other amounts receivable41 | - | €48 | €0 | - | - | - |
| Cash at bank and in hand54/58 | €15k | €7k | €25k | €6k | €4k | ▼ 35.9% |
| Deferred charges and accrued income490/1 | - | €220 | €211 | €3k | €3k | ▼ 4.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21k | €12k | €27k | €32k | €24k | ▼ 25.3% |
| Equity10/15 | €-53k | €-47k | €-20k | €-9k | €4k | ▲ 139% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-72k | €-66k | €-39k | €-28k | €-15k | ▲ 45.4% |
| Amounts payable17/49 | €74k | €59k | €47k | €41k | €20k | ▼ 50.4% |
| Amounts payable after more than one year17 | - | - | - | €6k | €7k | ▲ 20.9% |
| Other amounts payable178/9 | - | - | - | €6k | €7k | ▲ 20.9% |
| Amounts payable within one year42/48 | €74k | €59k | €47k | €35k | €14k | ▼ 61.5% |
| Trade debts44 | €804 | €3k | €472 | €1k | €2k | ▲ 92.6% |
| Suppliers440/4 | - | €3k | €472 | €1k | €2k | ▲ 92.6% |
| Taxes, remuneration and social security45 | - | €930 | €3k | €2k | €4k | ▲ 86.1% |
| Taxes450/3 | - | €930 | €3k | €2k | €4k | ▲ 96.8% |
| Remuneration and social security454/9 | - | - | - | €128 | - | - |
| Other amounts payable47/48 | - | €55k | €44k | €32k | €7k | ▼ 78.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9k | €6k | €27k | €11k | €13k | ▲ 14.9% |
| + Depreciation and write-downs630 | €2k | €914 | €567 | €2k | €3k | ▲ 91.6% |
| Operating cash flow (approximation) | €11k | €7k | €28k | €12k | €15k | ▲ 24.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-11k | €-4k | ▲ 67.3% |
| Change in cash | - | €-7k | €18k | €-19k | €-2k | ▲ 87.7% |
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
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 13 days late
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
29-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2018net €27k ▲384%
Operating result €29k, net result €27k, both a record.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €9k
Net result €9k after 3 loss-making years.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
18-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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
5 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 2005
Ground area
229 m²
Building footprint
43 m²
Volume, LiDAR
535 m³
Parcel 11804D0130/00D000, Flanders · tallest building 12.8 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
EETHUIS PITA PALACE
since 20052.185.601.624
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D0130/00D000 | Flanders | 229 m² | 1 · 43 m² | 12.8 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.185.601.624
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NADIVAL
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ELAN.2015
BE 0811.080.940
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Of 21,861 companies in sector 56112 we hold annual accounts for 9,778. 4,339 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
Founded06-04-2005
Fiscal year end30-09
Activities, NACEBEL 2025
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Contact
Phone
03/475.97.12Antwerpen
Scores and ratios are computed by Checked and are not a credit decision.