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IRIS

Active Private limited companyfounded 1988active for 38 yearsPastoor Weytslaan 28, 2920 KalmthoutKBO/BCE: BE 0435.609.182 subsidiary of

Lifetime

18 annual accounts with figures on one time axis, 38 filings since 1989
peak €278,337 (2023)
€257,548▲ 13.6%
peak €114,916 (2023)
€38,171▼ 25.0%
peak €475,410 (2024)
€464,475▲ 9.0%
€440,528▲ 6.1%
peak 4.2 FTE (2018)
3 FTE▲ 3.4%
Board3 names since 2021
2 directors and 1 other
Owners
consolidates
Documentsfilings and deeds
10-11-2026171 days before the deadline
2026abbreviated format
Gross margin from €226,641 to €257,548Result from €50,894 to €38,171

Key points

from the 2026 annual accounts

Equity

€464,475 ▲ 9.0%

IRIS has made a profit in every financial year since 2009.

Staff

4 employees on 30-09-2026
2826202239402023272720242626202523232026

In 2026, 23 people joined and 23 left.

Filings

38 annual accounts since 1989
deadline1990200020102020

The last five annual accounts were filed 27 to 171 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 17,035 companies had the same profile as IRIS has now. Each dot stands for 43 companies, two years later.

94.4%
were still trading
4.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.2% 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 17,035 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

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

Signals

Board and ownership

Director,
Director,
  • 100%score equity €150,145 (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0435609182
Changes of role: (director) and (director) Permanent representatives: and · “De groot- en kleinhandel in producten van de textiel- en kledingnijverheid; Elektronische handel (via…” (deed in Dutch) · General meeting of 04-07-2023 · Gazette deed
1 director appointed, 1 resignation Resignation: · Appointment: · Permanent representative: · General meeting of 25-11-2022 · Gazette deed
Appointment: (director) Permanent representative: · General meeting of 21-12-2020 · Gazette deed
All 46 events

Comparable companies

same main activity, similar in size and age
Company
IRIS Kalmthout €0.9m €257,548 51.3% 3
De Linnenwinkel Dessel €1.1m €300,110 71.2% 2.6
't Spinnewiel Tielt €1.1m €301,677 52.9% 3.5
Lingerie DELTA Kortemark €0.9m €261,151 79.4% 2.4
KATRIJN V. LINGERIE Lier €0.7m €202,005 84.4% 2.9
GABRINI Tessenderlo-Ham €0.7m €196,466 17.7% 3.2
PIERMI Wavre €0.7m €203,625 88.2% 5

These companies have the same main activity as IRIS: retail trade (NACE 47714). They are comparable in size and age: total assets between €651,000 and €1.1m, founded between 1992 and 2001.

Official details

Source: KBO
Status
Active since 19-10-1988Normal situation
Activity
Retail tradeNACE 47714and 1 other
Joint committee
201Independent retail · annual accounts 30-09-2025
Establishment unit
2.040.893.9552920 Kalmthout, since 21-11-1988
Financial year end
30 September
Peppol
Reachable since 24-11-2023
Company details

Annual accounts to 30-09-2026

≈ €920,000estimated
€905,003▲ 7.6%
Employeeson 30-09-2026
4=
Filing
Filed on 10-11-2026, 171 days before the end of the filing period
Financials

Insights on IRIS

IRIS files the abbreviated format. That format states no turnover. The gross margin rose from €179,308 in 2009 to €257,548 in 2026.

The balance sheet grew most from 2023 to 2025 through fixed assets.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about IRIS

What is the company number of IRIS?
The company number of IRIS is 0435.609.182. The VAT number is the same number with BE in front: BE 0435.609.182.
Where is IRIS based?
The registered office is at Pastoor Weytslaan 28, 2920 Kalmthout.Company details
What does IRIS do?
According to the KBO register, the main activity is retail trade (NACE 47714).
What is the legal form of IRIS?
IRIS is a private limited company (BV).
When was IRIS founded?
IRIS was founded on 19-10-1988.
Is IRIS still active?
Yes, IRIS is an active enterprise in the KBO register.
How many employees does IRIS have?
IRIS had an average of 3 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
Which joint committee does IRIS fall under?
In its 30-09-2025 annual accounts, IRIS states joint committee 201 (Independent retail).
What is the turnover of IRIS?
The turnover in financial year 2026 is ≈ €920,000. This figure is estimated from the gross margin of €257,548 and 47 comparable companies (NACE 477). It probably lies between €700,000 and €1.4m.
Is IRIS profitable?
In financial year 2026, IRIS made a profit of €38,171.
Where can I find the annual accounts of IRIS?
IRIS filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of IRIS due?
IRIS must file the annual accounts for financial year 2027 by 30-04-2028.Timeline

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