IRINOX HOLDING
ActiveIRINOX HOLDING has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-219k) and a net result of €-102k. Equity is shrinking by ~81.3% per year across the filed fiscal years. Its solvency ranks better than 5% of 475 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
25
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record94
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.12 against 0.43 in 2024; short-term debt: 71.4% and cash: 0.9% of total assets), and equity is negative.
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 · 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
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
-144.7%
Return on assets
-67.1%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
232425
2023 to 2025 · latest year €-219k
neutral · Filed after the deadline
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. 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 · 3 filingsDeviation from the deadline
2025
19 d late
2024
61 d late
2023
51 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-219k▼ 86.6%
2024 · €-117k
2023: €-28k
2024: €-117k
2023 → 2025
Total assets
€151k▼ 17.8%
2024 · €184k
2023: €117k
2024: €184k
2023 → 2025
Net result
€-102k▼ 13.9%
2024 · €-89k
2023: €-28k
2024: €-89k
2023 → 2025
Working capital
€-95k▼ 459%
2024 · €-17k
2023: €-138k
2024: €-17k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€-28k-€-117k▼ 318%€-219k▼ 86.6%
Operating result€-26k-€-83k▼ 217%€-91k▼ 9.7%
Net result€-28k-€-89k▼ 217%€-102k▼ 13.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €91k in 2025 against €83k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €151k
Fixed assets
€139k▼ 18.9%
Current assets
€13k▼ 1.9%
Key figures and ratios
EBITDA
€-50k▼
2024 · €-48k
Cash flow
€-60k▼
2024 · €-54k
Solvency
-144.7%▼
2024 · -63.8%
Current ratio
0.12▼
2024 · 0.43
Quick ratio
0.12▼
2024 · 0.43
Debt / equity
-1.69▲
2024 · -2.57
ROA
-67.1%▼
2024 · -48.5%
Interest coverage
-5.03▲
2024 · -8.43
Debt
€370k▲
2024 · €301k
Debt ≤ 1 year
€108k▲
2024 · €30k
Debt > 1 year
€255k▼
2024 · €266k
Income taxes
€645▲
2024 · €496
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€184k€151k▼
Fixed assets21/28€171k€139k▼
Tangible fixed assets22/27€164k€132k▼
Furniture and vehicles24€157k€126k▼
Other tangible fixed assets26€7k€6k▼
Financial fixed assets28€7k€7k=
Current assets29/58€13k€13k▼
Amounts receivable within one year40/41€6k€7k▲
Trade receivables40€2k€7k▲
Other amounts receivable41€5k€317▼
Cash at bank and in hand54/58€883€1k▲
Deferred charges and accrued income490/1€6k€4k▼
Equity and liabilities
Total equity and liabilities10/49€184k€151k▼
Equity10/15€-117k€-219k▼
Contributions10/11€100€100=
Profit (loss) carried forward14€-117k€-219k▼
Amounts payable17/49€301k€370k▲
Amounts payable after more than one year17€266k€255k▼
Financial debts170/4€266k€255k▼
Amounts payable within one year42/48€30k€108k▲
Trade debts44€14k€5k▼
Suppliers440/4€14k€5k▼
Taxes, remuneration and social security45€496€645▲
Taxes450/3€496€645▲
Other amounts payable47/48€15k€102k▲
Accrued charges and deferred income492/3€5k€7k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€42k▲
Other operating charges640/8€2k€3k▲
Gross operating margin9900€-46k€-47k▼
Operating profit (loss)9901€-83k€-91k▼
Financial income75/76B€3-
Recurring financial income75€3-
Financial charges65/66B€6k€10k▲
Recurring financial charges65€6k€10k▲
Profit (loss) for the period before taxes9903€-89k€-101k▼
Income taxes67/77€496€645▲
Profit (loss) for the period9904€-89k€-102k▼
Profit (loss) for the period to be appropriated9905€-89k€-102k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-117k€-219k▼
Profit (loss) brought forward from the previous period14P€-28k€-117k▼
The notes to these accounts (8 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
19-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 19 days late
2025
31-12
Financial
Weakest financial yearnet €-102k
Net result drops to €-102k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · 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, Knokke-Heist · 1 establishment unit since 2023
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.
Kalvekeetdijk 1798300 Knokke-HeistGround area
2,650 m²
Building footprint
134 m²
Volume, LiDAR
148 m³
Parcel 31039E0077/00N000, Flanders · tallest building 5.0 m. Linked by address, not a title deed.
1 establishment unit
IRINOX HOLDING
since 20232.348.004.170
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039E0077/00N000 | Flanders | 2,650 m² | 1 · 134 m² | 5.0 m |
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 and region
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. Of 3,150 companies in sector 63920 we hold annual accounts for 1,522.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-08-2023
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
64200Holdings
64210Activities of holding companies
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.