Skip to content

Irinox Belux

Active
Private limited companyfounded 2020active for 6 yearsLodderhoek 8, 8000 Brugge, BelgiumKBO/BCE: BE 0754.377.314
Summary

The computed 12-month bankruptcy probability of Irinox Belux is 1.7% (moderate). The 2025 annual accounts show negative equity (-€74,171) and a net result of €9,991. Equity has been shrinking by about 13% per year since 2020. Its solvency ranks better than 8% of 597 sector peers (NACE 33, financial year 2025). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 14-09-2020 Normal situation
Activity
Installation of industrial machinery and equipment NACE 33200and 1 other
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.307.089.768 8000 Brugge, since 14-09-2020
Financial year end
31 December
Peppol
Reachable since 20-12-2025

Board and ownership

Board
Shareholders

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2025
Gross margin
€87,801
▲ 62.9%
Turnover
≈ €240,000
estimated
Profit
€9,991
▼ 39.2%
Equity
-€74,171
▲ 11.9%
Total assets
€1.3m
▲ 15.5%
Employees on 31-12-2025
2
  • Negative equity on 31-12-2025
  • 2025 accounts filed 19 days after the deadline
Score breakdownraises riskNegative equity -€74,1711 change of registered office in 24 monthslowers riskFigures for financial year 2025 (filed on 19-08-2026)Size: 0.4 FTE, total assets €1.3mShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 26% of micro companies in repair and installation of machinery (NACE 33)
Financial strength · tick: 2024
Weak
Solvency 19+2
equity -5.9% of total assets
Liquidity 39-10
short-term debt 62.3% · cash 17.7%
Profitability 32=
return on assets 0.8%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (2,393 companies, NACE 33, micro)
Last 24 months 12-2024: 1.3% 01-2025: 1.2%▼ -0.1 percentage points vs 12-2024 02-2025: 1.3%▲ +0.1 percentage points vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.5%▲ +0.2 percentage points vs 04-2025 06-2025: 1.6%▲ +0.1 percentage points vs 05-2025 07-2025: 1.7%▲ +0.1 percentage points vs 06-2025 08-2025: 2.2%▲ +0.5 percentage points vs 07-2025 09-2025: 2.3%▲ +0.1 percentage points vs 08-2025highest value 10-2025: 1.1%▼ -1.2 percentage points vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.0%▼ -0.1 percentage points vs 12-2025lowest value 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.1%▲ +0.1 percentage points vs 04-2026 06-2026: 1.2%▲ +0.1 percentage points vs 05-2026 07-2026: 1.3%▲ +0.1 percentage points vs 06-2026 08-2026: 1.7%▲ +0.4 percentage points vs 07-2026 09-2026: 1.6%▼ -0.1 percentage points vs 08-2026 10-2026: 1.7%▲ +0.1 percentage points vs 09-2026 11-2026: 1.7%● unchanged vs 10-2026
No credit on open account
Liquidity is ample, with a current ratio of 1.55 (2.3 in 2024), above the usual 1.5. Short-term debt is 62.3% and cash 17.7% of total assets. However, equity is negative.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, micro). It does better than 8% of them on solvency, 29% on liquidity, 16% on profitability and 54% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Negative equity -€74,171
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed on 19-08-2026)
NBB · annual accounts
lowers risk · Size: 0.4 FTE, total assets €1.3m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 8% of 597 sector peers (2025).
NBB · sector comparison
Position among 597 sector peers
Solvency
better than 8%
← weakest strongest →
raises risk · 2025 accounts filed 19 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-08-2026, 19 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
19 days late
2024
29 days late
2023
42 days early
2022
88 days late
2021
27 days early
2020
19 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 8 days after the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 19 August (4 of the last 5 accounts filed within 60 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€74,171 View
  • Caution: Less equity than 95% of companies in repair and installation of machinerysector median €263,879 · 597 companies -€74,171 View

Recent changes

  1. · Gazette deed Registered office moved from Beveren-Kruibeke-Zwijndrecht to BruggeNew seat: 8000 Brugge, Lodderhoek 8 · Previous seat: 2070 Beveren-Kruibeke-Zwijndrecht, Westpoort 62
  2. · Gazette deed 2 directors appointed, 2 directors resigningResignations: Johannes Hubertus NIEVELSTEIN (director) and BV MAERTENS MANAGEMENT (director) · Permanent representative: Gauthier MAERTENS · Appointments: Manon NIEVELSTEIN (director) and Gauthier MAERTENS (director)
  3. · Gazette deed Incorporation
All 13 events

Comparable companies

These companies have the same main activity as Irinox Belux: installation of industrial machinery and equipment (NACE 33200). They are comparable in size and age: total assets between €499,000 and €4.2m, founded between 2014 and 2023.

CompanyTotal assetsGross margin
Irinox Belux Brugge€1.3m€0.09m
OwnWave Herent€1.2m€0.1m
Breetec Valve Services As€0.7m€0.05m
Slim P Lint€0.8m€0.1m
COATEQ Mouscron€4.2m€0.09m
CV engineering Herzele€1.2m€0.2m
TURBO WORLD SERVICES Antwerpen€0.5m€0.07m
Full comparison

Key facts about Irinox Belux

What is the company number of Irinox Belux?
The company number of Irinox Belux is 0754.377.314. The VAT number is the same number with BE in front: BE 0754.377.314.
Where is Irinox Belux based?
The registered office is at Lodderhoek 8, 8000 Brugge.Company details
What does Irinox Belux do?
According to the KBO register, the main activity is installation of industrial machinery and equipment (NACE 33200).
What is the legal form of Irinox Belux?
The legal form of Irinox Belux is Private limited company (BV).
When was Irinox Belux founded?
Irinox Belux was founded on 14-09-2020.
Is Irinox Belux still active?
Yes, Irinox Belux is an active enterprise in the KBO register.
How many employees does Irinox Belux have?
Irinox Belux had an average of 0.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Irinox Belux fall under?
In its 2025 annual accounts, Irinox Belux states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Irinox Belux?
The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €87,801 and 1,291 comparable companies of the same size. It probably lies between €150,000 and €470,000. It is a rough estimate.
Is Irinox Belux profitable?
In financial year 2025, Irinox Belux made a profit of €9,991.
Where can I find the annual accounts of Irinox Belux?
Irinox Belux filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Irinox Belux due?
Irinox Belux must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.