IRIDIUM COMPUTER SYSTEMS
ActiveIRIDIUM COMPUTER SYSTEMS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €4k. Equity is shrinking by ~14.7% per year across the filed fiscal years. Its solvency ranks better than 32% of 16906 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency56▼-23
Growth32=
Stability100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.97 against 1.26 in 2024), and 63.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 62
Relative position
BE, all sectors
reference
Sector 62
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
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 16-07-2026, 15 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
15 d early
2024
29 d late
2023
32 d early
2022
21 d early
2021
30 d late
2020
9 d early
← 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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 38.6%
2024 · €9k
2020: €21k
2021: €36k
2022: €28k
2023: €29k
2024: €9k
2020 → 2025
Total assets
€15k▼ 13.2%
2024 · €17k
2020: €29k
2021: €45k
2022: €39k
2023: €39k
2024: €17k
2020 → 2025
Net result
€4k▼ 47.3%
2024 · €8k
2020: €20k
2021: €16k
2022: €-6k
2023: €2k
2024: €8k
2020 → 2025
Working capital
€-299
2024 · €2k
2020: €16k
2021: €24k
2022: €18k
2023: €21k
2024: €2k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€36k-€28k▼ 21.4%€29k▲ 1.6%€9k▼ 69.0%€5k▼ 38.6%
Operating result€22k-€-6k€2k€10k▲ 393%€6k▼ 40.6%
Net result€16k-€-6k€2k€8k▲ 281%€4k▼ 47.3%
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 2025; 2025 is 41% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15k
Fixed assets
€6k▼ 14.0%
Current assets
€9k▼ 12.6%
Equity and liabilities €15k
Equity
€5k▼ 38.6%
Debt
€10k▲ 13.6%
The debt ratio rises from 48.7% to 63.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€9k▼
2024 · €13k
Cash flow
€7k▼
2024 · €11k
Solvency
36.3%▼
2024 · 51.3%
Current ratio
0.97▼
2024 · 1.26
Quick ratio
0.97▼
2024 · 1.26
Debt / equity
1.76▲
2024 · 0.95
ROE
77.7%▼
2024 · 90.6%
ROA
28.2%▼
2024 · 46.5%
Interest coverage
101.60▼
2024 · 188.34
Debt
€10k▲
2024 · €8k
Debt ≤ 1 year
€9k▲
2024 · €8k
Income taxes
€2k▼
2024 · €2k
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€17k€15k▼
Fixed assets21/28€7k€6k▼
Tangible fixed assets22/27€7k€6k▼
Land and buildings22€1k€201▼
Furniture and vehicles24€3k€3k▼
Other tangible fixed assets26€2k€2k▼
Current assets29/58€11k€9k▼
Amounts receivable within one year40/41€11k€9k▼
Trade receivables40€11k€9k▼
Other amounts receivable41-€399
Equity and liabilities
Total equity and liabilities10/49€17k€15k▼
Equity10/15€9k€5k▼
Contributions10/11€3k€3k=
Reserves13€6k€3k▼
Distributable reserves133€6k€3k▼
Amounts payable17/49€8k€10k▲
Amounts payable within one year42/48€8k€9k▲
Financial debts43€1k€1k▲
Credit institutions430/8€1k€1k▲
Trade debts44€785€863▲
Suppliers440/4€785€863▲
Taxes, remuneration and social security45€1k€2k▲
Taxes450/3€1k€2k▲
Other amounts payable47/48€5k€5k▲
Accrued charges and deferred income492/3€92€91▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▼
Other operating charges640/8€528€544▲
Gross operating margin9900€14k€10k▼
Operating profit (loss)9901€10k€6k▼
Financial income75/76B€99€0▼
Recurring financial income75€99€0▼
Financial charges65/66B€71€89▲
Recurring financial charges65€71€89▲
Profit (loss) for the period before taxes9903€10k€6k▼
Income taxes67/77€2k€2k▼
Profit (loss) for the period9904€8k€4k▼
Profit (loss) for the period to be appropriated9905€8k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€4k▼
Transfer from equity791/2€26k€6k▼
Transfer to equity691/2€6k€3k▼
To other reserves6921€6k€3k▼
Profit to be distributed694/7€28k€8k▼
Return on contributions (dividend)694€28k€8k▼
The notes to these accounts (5 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
16-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-6k ▼137%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lochristi · 1 establishment unit since 2020
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.
Waalsland 249080 LochristiGround area
714 m²
Building footprint
121 m²
Volume, LiDAR
726 m³
Parcel 44034D0878/00E003, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IRIDIUM COMPUTER SYSTEMS
since 20202.298.889.112
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44034D0878/00E003 | Flanders | 714 m² | 1 · 121 m² | 8.4 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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UniversalEvent
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FULGUR DIGITAL
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Of 29,880 companies in sector 62200 we hold annual accounts for 18,324. 6,449 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2020
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
46500Wholesale of information and communication equipment
46510Wholesale trade
47400Retail sale of information and communication equipment
47410Retail trade
62010Computer programming, consultancy and related activities
62030Computer programming, consultancy and related activities
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.