IRIS
InactiveIRIS was declared bankrupt on 17-10-2023 (Ondernemingsrechtbank Antwerpen, afdeling Turnhout); the bankruptcy was closed for insufficient assets by judgment of 21-10-2025, published in the Belgian State Gazette on 27-10-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-05-2023, 61 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
61 d early
2021
28 d early
2020
337 d late
2019
703 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
€170k▲ 45.2%
2021 · €117k
2019: €113k
2020: €70k
2021: €117k
2019 → 2022
EBIT margin
2.7%▼ 5.6pp
2021 · 8.2%
2019: -2.7%
2020: 2.9%
2021: 8.2%
2019 → 2022
Net result
€4k▼ 54.0%
2021 · €9k
2018: €-4k
2019: €-4k
2020: €2k
2021: €9k
2018 → 2022
Working capital
€18k▲ 63.6%
2021 · €11k
2018: €4k
2019: €10k
2020: €3k
2021: €11k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€113k€70k▼ 38.1%€117k▲ 66.5%€170k▲ 45.2%
Equity€12k-€8k▼ 31.7%€10k▲ 20.1%€19k▲ 96.2%€22k▲ 17.0%
Operating result€-6k-€-3k▲ 53.3%€2k€10k▲ 365%€5k▼ 52.9%
Net result€-4k-€-4k▲ 7.6%€2k€9k▲ 474%€4k▼ 54.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2022; 2022 is 53% below 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €29k
Fixed assets
€4k▼ 52.8%
Current assets
€26k▼ 5.1%
Equity and liabilities €29k
Equity
€22k▲ 17.0%
Debt
€7k▼ 53.9%
The debt ratio falls from 45.8% to 25.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€9k▼
2021 · €12k
Cash flow
€8k▼
2021 · €11k
Solvency
75.0%▲
2021 · 54.2%
Current ratio
3.52▲
2021 · 1.71
Quick ratio
2.86▲
2021 · 1.34
Debt / equity
0.33▼
2021 · 0.84
ROE
19.3%▼
2021 · 49.0%
ROA
14.5%▼
2021 · 26.6%
Interest coverage
29.95▲
2021 · 29.54
Debt
€7k▼
2021 · €16k
Debt ≤ 1 year
€7k▼
2021 · €16k
Staff costs
€10k▲
2021 · €1k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€35k€29k▼
Fixed assets21/28€8k€4k▼
Tangible fixed assets22/27€8k€4k▼
Land and buildings22€5k€2k▼
Plant, machinery and equipment23€2k€2k▼
Current assets29/58€27k€26k▼
Stocks and contracts in progress3€6k€5k▼
Stocks30/36€6k€5k▼
Cash at bank and in hand54/58€21k€21k▼
Equity and liabilities
Total equity and liabilities10/49€35k€29k▼
Equity10/15€19k€22k▲
Contributions10/11€20k€20k=
Capital10€20k€20k=
Issued capital100€20k€20k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€-3k-
Amounts payable17/49€16k€7k▼
Amounts payable within one year42/48€16k€7k▼
Financial debts43€282€1k▲
Credit institutions430/8€282€1k▲
Trade debts44€7k€4k▼
Suppliers440/4€7k€4k▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€3k€2k▼
Other amounts payable47/48€6k-
Income statement
Code20212022
Turnover70€117k€170k▲
Goods, raw materials, services and sundry goods60/61€103k€148k▲
Remuneration, social security and pensions62€1k€10k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€1k€4k▲
Gross operating margin9900€14k€22k▲
Operating profit (loss)9901€10k€5k▼
Financial charges65/66B€395€284▼
Recurring financial charges65€395€284▼
Profit (loss) for the period before taxes9903€9k€4k▼
Profit (loss) for the period9904€9k€4k▼
Profit (loss) for the period to be appropriated9905€9k€4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-3k€1k▲
Profit (loss) brought forward from the previous period14P€-12k€-3k▲
Profit to be distributed694/7-€1k
Directors or managers695-€1k
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · IRIS BV LIERSEWEG 321, 2200 HERENTALS · event 21-10-2025
2023
24-10
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Turnhout · IRIS BV LIERSEWEG 321, 2200 HERENTALS · event 17-10-2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 3.52
Current ratio from 1.71 to 3.52; short-term debt falls from €16k to €7k.
04-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 703 days late
03-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
03-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 337 days late
2021
31-12
Financial
Highest result since 2018net €9k ▲474%
Operating result €10k, net result €9k, both a record.
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
05-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
29-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
02-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JACQUES ARNAUTS-SMEETS AARSCHOTSE-
STEENWEG 7, 2230 HERSELT |
17-10-2023 → present |
| Curator | GUNTHER
PEETERS AARSCHOTSESTEENWEG 7, 2230 HERSELT- |
17-10-2023 → present |