IRIAL
ActiveThe computed 12-month bankruptcy probability of IRIAL is 1.7% (moderate). The 2025 annual accounts show equity of €40k and a net result of €-7k. Equity remains stable across the filed fiscal years (±1% per year). Its solvency ranks better than 49% of 27711 sector peers (fiscal year 2025). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability9▼-61
Solvency71▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.74 against 2.41 in 2024; short-term debt: 49.8% and cash: 43.2% of total assets), but 54.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.9%
Return on assets
-7.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
56 d late
2023
20 d late
2022
59 d early
2021
3 d late
2020
12 d late
2019
12 d late
← before the deadline
after the deadline →
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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€40k▼ 14.6%
2024 · €47k
2018: €38k
2019: €55k
2020: €38k
2021: €34k
2022: €33k
2023: €49k
2024: €47k
2018 → 2025
Total assets
€88k▲ 4.8%
2024 · €84k
2018: €50k
2019: €88k
2020: €94k
2021: €57k
2022: €83k
2023: €116k
2024: €84k
2018 → 2025
Net result
€-7k
2024 · €1k
2018: €17k
2019: €17k
2020: €-17k
2021: €-4k
2022: €-865
2023: €16k
2024: €1k
2018 → 2025
Working capital
€32k▼ 16.2%
2024 · €39k
2018: €28k
2019: €47k
2020: €28k
2021: €26k
2022: €24k
2023: €56k
2024: €39k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€33k▼ 2.5%€49k▲ 47.1%€47k▼ 3.8%€40k▼ 14.6%
Operating result€-3k-€-741▲ 77.6%€16k€2k▼ 89.7%€-7k
Net result€-4k-€-865▲ 77.1%€16k€1k▼ 92.8%€-7k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88k
Fixed assets
€12k▼ 34.2%
Current assets
€76k▲ 15.4%
Equity and liabilities €88k
Equity
€40k▼ 14.6%
Debt
€47k▲ 29.9%
The debt ratio rises from 43.6% to 54.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-500▼
2024 · €6k
Cash flow
€-805▼
2024 · €6k
Solvency
45.9%▼
2024 · 56.4%
Current ratio
1.74▼
2024 · 2.41
Quick ratio
1.74▼
2024 · 2.41
Debt / equity
1.18▲
2024 · 0.77
ROE
-17.1%▼
2024 · 2.4%
ROA
-7.9%▼
2024 · 1.4%
Interest coverage
-0.81▼
2024 · 14.78
Debt
€47k▲
2024 · €36k
Debt ≤ 1 year
€44k▲
2024 · €27k
Debt > 1 year
€4k▼
2024 · €9k
Income taxes
€-313▼
2024 · €462
Staff costs
€24k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€84k€88k▲
Fixed assets21/28€18k€12k▼
Tangible fixed assets22/27€18k€12k▼
Furniture and vehicles24€18k€12k▼
Financial fixed assets28€90€90=
Current assets29/58€66k€76k▲
Amounts receivable within one year40/41€23k€38k▲
Trade receivables40€23k€38k▲
Other amounts receivable41€201€93▼
Cash at bank and in hand54/58€43k€38k▼
Deferred charges and accrued income490/1€69-
Equity and liabilities
Total equity and liabilities10/49€84k€88k▲
Equity10/15€47k€40k▼
Contributions10/11€16k€16k=
Reserves13€15k€15k=
Distributable reserves133€15k€15k=
Profit (loss) carried forward14€16k€9k▼
Amounts payable17/49€36k€47k▲
Amounts payable after more than one year17€9k€4k▼
Financial debts170/4€9k€4k▼
Amounts payable within one year42/48€27k€44k▲
Current portion of amounts payable after more than one year42€6k€6k▼
Trade debts44€25€11k▲
Suppliers440/4€25€11k▲
Taxes, remuneration and social security45€16k€26k▲
Taxes450/3€5k€16k▲
Remuneration and social security454/9€11k€10k▼
Other amounts payable47/48€5k€1k▼
Income statement
Code20242025
Non-recurring operating income76A€3k-
Remuneration, social security and pensions62€8k€24k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€6k▲
Other operating charges640/8€260€375▲
Gross operating margin9900€15k€24k▲
Operating profit (loss)9901€2k€-7k▼
Financial income75/76B€307€0▼
Recurring financial income75€307€0▼
Financial charges65/66B€413€618▲
Recurring financial charges65€413€618▲
Profit (loss) for the period before taxes9903€2k€-7k▼
Income taxes67/77€462€-313▼
Profit (loss) for the period9904€1k€-7k▼
Profit (loss) for the period to be appropriated9905€1k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€9k▼
Profit (loss) brought forward from the previous period14P€15k€16k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Back to profitnet €16k
Net result €16k after 3 loss-making years.
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
03-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 days late
2020
31-12
Financial
Weakest financial yearnet €-17k ▼199%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
31-12
Financial
Highest result since 2018net €17k ▲2.1%
Operating result €26k, net result €17k, both a record.
15-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 15 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Anderlecht · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Eugène Baielaan 161070 AnderlechtGround area
309 m²
Building footprint
140 m²
Volume, LiDAR
1,333 m³
Parcel 21308H0678/00E006, Brussels · tallest building 12.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
IRIAL
since 20062.157.190.027
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0678/00E006 | Brussels | 309 m² | 1 · 140 m² | 12.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
B-THERM
BE 0547.571.928
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Huysmans Tom CV & Sanitair
BE 0825.590.952
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P.E.G.A.
BE 0435.387.963
Assesse · Eq €40k
GM CHAUFFAGE
BE 0748.441.013
Boussu · Eq €40k
RS-ELEKTRO
BE 0755.638.215
Deinze · Eq €40k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 4,324 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-2006
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
74700
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.