16 annual accounts with figures on one time axis, 20 filings since 2006
peak €1.7m (2025)
€1.7m▲ 3.6%
lowest -€9,957 (2023)
€10,077▼ 72.4%
peak €3.5m (2025)
€3.5m▲ 0.3%
€1.2m▲ 20.0%
peak 23.6 FTE (2014)
22.1 FTE▲ 16.3%
Board10 names since 2008
6 directorsName after signing inVisible after signing in and 5 others
Documentsfilings and deeds
09-06-202652 days before the deadline
2025abbreviated format
Result from €36,574 to €10,077Staff from 19 FTE to 22.1 FTE6 directors appointed16-121 director resigning, 6 reappointments17-04Debts from €1.0m to €1.2mInvestments €596,602
Flemish support, mostly Persoonsvolgend budget voor personen met een handicap (PVB).
Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 14,769 companies had the same profile as IRIS has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Small
20 years or older
solvency 30% or more
a profit under 5% of the balance sheet
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the highest expected share
Group
Expected
Actual
1
0.2%
0.2%
2
0.3%
0.5%
3
0.5%
0.6%
4
0.7%
0.8%
5
0.9%
0.9%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.8%
9
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,769 companies, not a prediction for IRIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Credit check for an amount and term of your choice
6 directors appointedName after signing inVisible after signing in, Name hiddenVisible after signing in, Hidden nameVisible after signing in, Name after signing inVisible after signing in, Name hiddenVisible after signing in and Hidden nameVisible after signing in · General meeting of 06-05-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0419665154
1 director resigning, 6 reappointments
Reappointments: Name after signing inVisible after signing in, Name hiddenVisible after signing in, Hidden nameVisible after signing in, Name after signing inVisible after signing in, Name hiddenVisible after signing in and Hidden nameVisible after signing in · Resignation: Name after signing inVisible after signing in · General meeting of 23-10-2024 · Gazette deed
Environmental permit granted
Bouwen of herbouwen, Hoogstammige bomen vellen die geen deel uitmaken van een bos, Nieuwbouw of aanleggen and 2 more · Kontich
Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
Grey: the largest companies of the sector (residential care (NACE 87)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as IRIS: residential care activities (NACE 87202). They are comparable in size and age: total assets between €2.6m and €6m, founded between 1982 and 1993.