IRIDIUM
ActiveIRIDIUM has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €139k and a net result of €-10k. Equity is growing by ~26.2% per year across the filed fiscal years. Its solvency ranks better than 76% of 37959 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
68
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability12▼-88
Solvency100▲+1
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 4.99 against 3.72 in 2023; short-term debt: 19.9% and cash: 62.6% of total assets), and 19.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2024Solvency, return and age of the figures
Solvency
80.1%
Return on assets
-5.7%
Age of the figures
21 mo
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 27-05-2025, 65 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
65 d early
2023
9 d late
2022
82 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€139k▼ 6.6%
2023 · €149k
2022: €66k
2023: €149k
2022 → 2024
Total assets
€173k▼ 13.7%
2023 · €201k
2022: €89k
2023: €201k
2022 → 2024
Net result
€-10k
2023 · €83k
2022: €55k
2023: €83k
2022 → 2024
Working capital
€138k▼ 3.0%
2023 · €142k
2022: €56k
2023: €142k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€66k-€149k▲ 125%€139k▼ 6.6%
Operating result€70k-€117k▲ 66.5%€-11k
Net result€55k-€83k▲ 50.6%€-10k
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 2024: a loss of €11k after €117k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €173k
Fixed assets
€812▼ 87.0%
Current assets
€172k▼ 11.3%
Equity and liabilities €173k
Equity
€139k▼ 6.6%
Debt
€34k▼ 33.9%
The debt ratio falls from 26.0% to 19.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-10k▼
2023 · €120k
Cash flow
€-9k▼
2023 · €86k
Solvency
80.1%▲
2023 · 74.0%
Current ratio
4.99▲
2023 · 3.72
Quick ratio
4.99▲
2023 · 3.72
Debt / equity
0.25▼
2023 · 0.35
ROE
-7.1%▼
2023 · 55.6%
ROA
-5.7%▼
2023 · 41.2%
Interest coverage
-214.09▼
2023 · 3139.61
Debt
€34k▼
2023 · €52k
Debt ≤ 1 year
€34k▼
2023 · €52k
Income taxes
€13▼
2023 · €34k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€201k€173k▼
Formation expenses20€649€442▼
Fixed assets21/28€6k€812▼
Tangible fixed assets22/27€6k€812▼
Furniture and vehicles24€6k€812▼
Current assets29/58€194k€172k▼
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40€255€0▼
Other amounts receivable41€2k€3k▲
Current investments50/53€29k€60k▲
Cash at bank and in hand54/58€162k€109k▼
Deferred charges and accrued income490/1€436€0▼
Equity and liabilities
Total equity and liabilities10/49€201k€173k▼
Equity10/15€149k€139k▼
Contributions10/11€11k€11k=
Reserves13€83k€83k=
Distributable reserves133€83k€83k=
Profit (loss) carried forward14€55k€45k▼
Amounts payable17/49€52k€34k▼
Amounts payable within one year42/48€52k€34k▼
Trade debts44€0€362▲
Suppliers440/4€0€362▲
Taxes, remuneration and social security45€52k€34k▼
Taxes450/3€52k€34k▼
Remuneration and social security454/9€0-
Other amounts payable47/48€0-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€581▼
Other operating charges640/8€631€25▼
Gross operating margin9900€121k€-10k▼
Operating profit (loss)9901€117k€-11k▼
Financial income75/76B€0€822▲
Recurring financial income75€0€822▲
Financial charges65/66B€38€47▲
Recurring financial charges65€38€47▲
Profit (loss) for the period before taxes9903€117k€-10k▼
Income taxes67/77€34k€13▼
Profit (loss) for the period9904€83k€-10k▼
Profit (loss) for the period to be appropriated9905€83k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€138k€45k▼
Profit (loss) brought forward from the previous period14P€55k€55k=
Transfer to equity691/2€83k-
To other reserves6921€83k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-10k ▼112%
Net result drops to €-10k, the lowest in the series.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial
Highest result since 2022net €83k ▲50.6%
Operating result €117k, net result €83k, both a record.
31-12
Financial
Equity above €100kEq €149k ▲125%
2 profitable years in a row build equity to €149k.
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Sprimont · 1 establishment unit since 2022
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.
Haie des Chênes(DLX) 294140 SprimontGround area
1,036 m²
Building footprint
100 m²
Volume, LiDAR
693 m³
Parcel 62028C0771/00B002, Wallonia · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IRIDIUM
since 20222.328.450.059
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62028C0771/00B002 | Wallonia | 1,036 m² | 1 · 100 m² | 8.3 m · 2 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.
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,573. 40,875 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-02-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 3 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.