IRIS
ActiveSummary
IRIS has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €728,365 and a net result of €113,482. Equity is growing by ~17% per year across the filed fiscal years. Its solvency ranks better than 95% of 9619 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability87=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days only on tighter terms
Liquidity ample (current ratio 6.87 against 5.62 in 2023; short-term debt: 8.7% and cash: 10.7% of total assets), and 8.7% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
91.3%
Return on assets
14.2%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 19-12-2025, 141 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
141 d late
2023
17 d late
2022
16 d late
2021
29 d late
2020
3 d early
2019
31 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 39 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€728,365▲ 18.5%
2023 · €614,883
Total assets
€797,894▲ 17.4%
2023 · €679,462
Net result
€113,482▲ 15.8%
2023 · €97,987
Working capital
€408,396▲ 37.0%
2023 · €298,042
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€85,696▲ 849%€36,134▼ 57.8%€132,592▲ 267%€134,740▲ 1.6%€150,806▲ 11.9%
Net result€67,485above the sector's middle half€17,774within the sector's middle half▼ 73.7%€110,610above the sector's middle half▲ 522%€97,987above the sector's middle half▼ 11.4%€113,482within the sector's middle half▲ 15.8%
Equity€388,512above the sector's middle half▲ 21.0%€406,286above the sector's middle half▲ 4.6%€516,896above the sector's middle half▲ 27.2%€614,883above the sector's middle half▲ 19.0%€728,365within the sector's middle half▲ 18.5%
Total assets€468,631above the sector's middle half▲ 0.7%€540,357above the sector's middle half▲ 15.3%€573,391above the sector's middle half▲ 6.1%€679,462above the sector's middle half▲ 18.5%€797,894within the sector's middle half▲ 17.4%
Debt€80,119▼ 44.5%€134,071▲ 67.3%€56,495▼ 57.9%€64,579▲ 14.3%€69,529▲ 7.7%
Working capital€51,068▲ 221%€90,641▲ 77.5%€190,681▲ 110%€298,042▲ 56.3%€408,396▲ 37.0%
Solvency82.9%above the sector's middle half▲ 13.9pp75.2%above the sector's middle half▼ 7.7pp90.1%above the sector's middle half▲ 15.0pp90.5%above the sector's middle half▲ 0.3pp91.3%above the sector's middle half▲ 0.8pp
Staff (FTE)1.8within the sector's middle half2.4▲ 33.3%4.3▲ 79.2%3.8▼ 11.6%4.9within the sector's middle half▲ 28.9%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 12% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €797,894
Fixed assets
€319,969 ▲ 1.0%
Current assets
€477,925 ▲ 31.8%
Equity and liabilities €797,894
Equity
€728,365 ▲ 18.5%
Debt
€69,529 ▲ 7.7%
Debt's share of the balance-sheet total falls from 9.5% to 8.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€184,168▲
2023 · €172,427
Cash flow
€146,844▲
2023 · €135,674
Current ratio
6.87▲
2023 · 5.62
Quick ratio
6.56▲
2023 · 5.33
Debt to equity
0.10▼
2023 · 0.11
ROE
15.6%▼
2023 · 15.9%
ROA
14.2%▼
2023 · 14.4%
Interest coverage
1520.66▲
2023 · 849.39
Debt ≤ 1 year
€69,529▲
2023 · €64,579
Income taxes
€41,532▲
2023 · €36,831
Staff costs
€194,800▼
2023 · €211,246
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €143,540 | €199,159 | €211,246 | €194,800 | ▼ 7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,051 | €26,384 | €34,977 | €37,687 | €33,361 | ▼ 11.5% |
| Other operating charges640/8 | - | €3,338 | €3,370 | €3,699 | €3,927 | ▲ 6.2% |
| Gross operating margin9900 | €231,997 | €209,396 | €370,098 | €387,372 | €382,895 | ▼ 1.2% |
| Operating profit (loss)9901 | €85,696 | €36,134 | €132,592 | €134,740 | €150,806 | ▲ 11.9% |
| Financial income75/76B | - | €91 | €150 | €281 | €4,329 | ▲ 1,441% |
| Recurring financial income75 | €63 | €91 | €150 | €281 | €4,329 | ▲ 1,441% |
| Financial charges65/66B | - | €1,172 | €960 | €203 | €121 | ▼ 40.3% |
| Recurring financial charges65 | €2,464 | €1,172 | €960 | €203 | €121 | ▼ 40.3% |
| Profit (loss) for the period before taxes9903 | €83,295 | €35,053 | €131,782 | €134,818 | €155,014 | ▲ 15.0% |
| Income taxes67/77 | €15,810 | €17,279 | €21,172 | €36,831 | €41,532 | ▲ 12.8% |
| Profit (loss) for the period9904 | €67,485 | €17,774 | €110,610 | €97,987 | €113,482 | ▲ 15.8% |
| Profit (loss) for the period to be appropriated9905 | €67,485 | €17,774 | €110,610 | €97,987 | €113,482 | ▲ 15.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €468,631 | €540,357 | €573,391 | €679,462 | €797,894 | ▲ 17.4% |
| Fixed assets21/28 | €377,565 | €351,181 | €326,215 | €316,841 | €319,969 | ▲ 1.0% |
| Intangible fixed assets21 | - | - | - | - | €4,004 | - |
| Tangible fixed assets22/27 | €377,565 | €351,181 | €326,215 | €316,841 | €315,965 | ▼ 0.3% |
| Land and buildings22 | - | €213,009 | €185,637 | €280,543 | €131,582 | ▼ 53.1% |
| Plant, machinery and equipment23 | - | €121,314 | €131,325 | €11,288 | €144,773 | ▲ 1,183% |
| Furniture and vehicles24 | - | €11,978 | €6,000 | €23,383 | €20,276 | ▼ 13.3% |
| Other tangible fixed assets26 | - | €4,880 | €3,253 | €1,627 | €19,335 | ▲ 1,088% |
| Current assets29/58 | €91,066 | €189,176 | €247,176 | €362,621 | €477,925 | ▲ 31.8% |
| Stocks and contracts in progress3 | €16,824 | €25,325 | €19,376 | €18,290 | €21,527 | ▲ 17.7% |
| Stocks30/36 | - | €25,325 | €19,376 | €18,290 | €21,527 | ▲ 17.7% |
| Amounts receivable within one year40/41 | €56,174 | €57,642 | €74,223 | €110,112 | €69,765 | ▼ 36.6% |
| Trade receivables40 | - | €55,710 | €71,703 | €109,987 | €69,640 | ▼ 36.7% |
| Other amounts receivable41 | - | €1,932 | €2,520 | €125 | €125 | = |
| Current investments50/53 | - | - | - | €150,000 | €300,000 | ▲ 100% |
| Cash at bank and in hand54/58 | €18,068 | €106,209 | €153,577 | €84,219 | €85,088 | ▲ 1.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | €1,545 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €468,631 | €540,357 | €573,391 | €679,462 | €797,894 | ▲ 17.4% |
| Equity10/15 | €388,512 | €406,286 | €516,896 | €614,883 | €728,365 | ▲ 18.5% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Capital10 | - | €18,592 | €18,592 | €18,592 | - | - |
| Issued capital100 | - | €18,592 | €18,592 | €18,592 | - | - |
| Reserves13 | €62,926 | €62,926 | €62,926 | €62,926 | €709,773 | ▲ 1,028% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Legal reserve130 | - | €1,859 | €1,859 | €1,859 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,859 | - |
| Tax-exempt reserves132 | - | €921 | €921 | €921 | €921 | = |
| Distributable reserves133 | - | €60,146 | €60,146 | €60,146 | €706,993 | ▲ 1,075% |
| Profit (loss) carried forward14 | €306,994 | €324,768 | €435,378 | €533,365 | €0 | ▼ 100% |
| Amounts payable17/49 | €80,119 | €134,071 | €56,495 | €64,579 | €69,529 | ▲ 7.7% |
| Amounts payable after more than one year17 | €40,121 | €35,536 | - | - | - | - |
| Financial debts170/4 | - | €35,536 | - | - | - | - |
| Amounts payable within one year42/48 | €39,998 | €98,535 | €56,495 | €64,579 | €69,529 | ▲ 7.7% |
| Current portion of amounts payable after more than one year42 | - | €4,563 | - | - | - | - |
| Trade debts44 | €10,286 | €66,804 | €12,598 | €16,790 | €8,845 | ▼ 47.3% |
| Suppliers440/4 | - | €66,804 | €12,598 | €16,790 | €8,845 | ▼ 47.3% |
| Taxes, remuneration and social security45 | - | €27,168 | €43,897 | €47,789 | €60,684 | ▲ 27.0% |
| Taxes450/3 | - | €16,451 | €30,447 | €27,289 | €35,653 | ▲ 30.6% |
| Remuneration and social security454/9 | - | €10,717 | €13,450 | €20,500 | €25,032 | ▲ 22.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €67,485 | €17,774 | €110,610 | €97,987 | €113,482 | ▲ 15.8% |
| + Depreciation and write-downs630 | €60,051 | €26,384 | €34,977 | €37,687 | €33,361 | ▼ 11.5% |
| Operating cash flow (approximation) | €127,536 | €44,158 | €145,587 | €135,674 | €146,844 | ▲ 8.2% |
| Investment in fixed assets (approximation) | - | €0 | -€10,011 | -€28,313 | -€36,490 | ▼ 28.9% |
| Change in cash | - | €88,141 | €47,368 | -€69,358 | €869 | ▲ 101% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 141 days late
2024
31-12
Financial
Highest result since 2018net €113,482 ▲15.8%
Operating result €150,806, net result €113,482, both a record.
17-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 17 days late
2023
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 4.38
Current ratio from 1.92 to 4.38; short-term debt falls from €98,535 to €56,495.
31-12
Financial
Equity above €500,000Eq €516,896 ▲27.2%
3 profitable years in a row build equity to €516,896.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €67,485
Net result €67,485 after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet -€1,141
Net result drops to -€1,141, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
Show earlier events
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 20 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Hoogstraten · 1 establishment unit since 1977
Ground area
671 m²
Building footprint
541 m²
Volume, LiDAR
2,437 m³
Parcel 13014E0618/00A000, Flanders · tallest building 17.5 m, ±1 floor. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Vrijheid 187, 2320 Hoogstraten
since 19772.230.898.050
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13014E0618/00A000 | Flanders | 671 m² | 1 · 541 m² | 17.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Dual-learning approval
4 live approvalsAssistent florist (vwo)
Groendecoratie duaal (so)
Medewerker florist (vwo)
Medewerker florist duaal (so)
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Of 3,390 companies in sector 47761 we hold annual accounts for 1,156. 751 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded11-03-1977
Fiscal year end31-12
Activities, NACEBEL 2025
47761Retail sale of flowers, plants, seeds and fertilisers
Contact
E-mail
info@bloemeniris.beHoogstraten
Phone
03/3146426Hoogstraten
E-invoicing
Reachable via Peppol
Peppol ID
0208:0417095941
Registered
02-10-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.