Summary
IRIS BELGIUM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €9.62M and a net result of €-18k. Equity is shrinking by ~14.1% per year across the filed fiscal years. Its solvency ranks better than 24% of 5527 sector peers (fiscal year 2025). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
7 d early
2023
27 d late
2022
56 d early
2021
57 d late
2020
23 d late
2019
122 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€9.62M▼ 0.2%
2024 · €9.64M
2018: €23.62M
2019: €23.57M
2020: €23.70M
2021: €14.85M
2022: €14.84M
2023: €9.10M
2024: €9.64M
2018 → 2025
Net result
€-18k
2024 · €544k
2018: €99k
2019: €-51k
2020: €126k
2021: €-8.85M
2022: €-5k
2023: €-5.75M
2024: €544k
2018 → 2025
Total assets
€42.24M▲ 36.7%
2024 · €30.89M
2018: €27.85M
2019: €28.31M
2020: €31.09M
2021: €23.95M
2022: €29.02M
2023: €27.05M
2024: €30.89M
2018 → 2025
Solvency
22.8%▼ 8.4pp
2024 · 31.2%
2018: 84.8%
2019: 83.3%
2020: 76.2%
2021: 62.0%
2022: 51.1%
2023: 33.6%
2024: 31.2%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€14.85M-€14.84M=€9.10M▼ 38.7%€9.64M▲ 6.0%€9.62M▼ 0.2%
Operating result€-2.30M-€-26k▲ 98.9%€-753k▼ 2,774%€-109k▲ 85.5%€-125k▼ 14.5%
Net result€-8.85M-€-5k▲ 99.9%€-5.75M▼ 120,670%€544k€-18k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €125k in 2025 against €109k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €42.24M
Fixed assets
€35.59M ▲ 52.8%
Current assets
€6.65M ▼ 12.5%
Equity and liabilities €42.24M
Equity
€9.62M ▼ 0.2%
Debt
€32.62M ▲ 53.5%
Debt's share of the balance-sheet total rises from 68.8% to 77.2%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-0.2%▼
2024 · 5.6%
ROA
0.0%▼
2024 · 1.8%
Debt ≤ 1 year
€32.62M▲
2024 · €21.25M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€30.89M€42.24M▲
Fixed assets21/28€23.29M€35.59M▲
Financial fixed assets28€23.29M€35.59M▲
Current assets29/58€7.60M€6.65M▼
Amounts receivable within one year40/41€6.22M€6.64M▲
Other amounts receivable41€6.22M€6.64M▲
Cash at bank and in hand54/58€1.38M€10k▼
Equity and liabilities
Total equity and liabilities10/49€30.89M€42.24M▲
Equity10/15€9.64M€9.62M▼
Contributions10/11€23.50M€23.50M=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Reserves not available under the articles1311€6k€6k=
Profit (loss) carried forward14€-13.87M€-13.88M▼
Amounts payable17/49€21.25M€32.62M▲
Amounts payable within one year42/48€21.25M€32.62M▲
Trade debts44€32k€25k▼
Suppliers440/4€32k€25k▼
Other amounts payable47/48€21.22M€32.59M▲
Accrued charges and deferred income492/3-€998
Income statement
Code20242025
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-732k-
Other operating charges640/8€733k€1k▼
Gross operating margin9900€-108k€-124k▼
Operating profit (loss)9901€-109k€-125k▼
Financial income75/76B€5.32M€410k▼
Recurring financial income75€82k€107k▲
Non-recurring financial income76B€5.24M€303k▼
Financial charges65/66B€4.67M€303k▼
Recurring financial charges65€189k€303k▲
Non-recurring financial charges66B€4.48M-
Profit (loss) for the period before taxes9903€544k€-18k▼
Profit (loss) for the period9904€544k€-18k▼
Profit (loss) for the period to be appropriated9905€544k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13.87M€-13.88M▼
Profit (loss) brought forward from the previous period14P€-14.41M€-13.87M▲
The notes to these accounts (4 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
11-08
State Gazette act
General meeting · Demerger
Net-asset statement · Capital decrease
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
15-07
State Gazette act
Incorporation · Demerger
Founder · Power of attorney
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
05-03
State Gazette act
General meeting · Capital increase
Share issue · Bank account
27-02
State Gazette act
Merger · Corporate purpose
Share issue · Share cancellation
2024
31-12
Financial
Back to profitnet €544k
Net result €544k after 3 loss-making years.
18-12
State Gazette act
General meeting · Share issue
Bank account
25-11
State Gazette act
General meeting · Capital increase
Bank account · Capital
29-08
State Gazette act
General meeting · Capital increase
Capital · Statutes amendment
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 27 days late
2023
17-08
State Gazette act
General meeting · Board meeting
Director resignation · Permanent representative
Show earlier events
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
26-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 57 days late
12-08
State Gazette act
General meeting · Capital increase
Share issue · Capital
2021
31-12
Financial
Weakest financial yearnet €-8.85M ▼7150%
Net result drops to €-8.85M, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
31-12
Financial
Back to profitnet €126k
Net result €126k after one loss-making year.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 122 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 31 days late
2018
20-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Ukkel · 1 establishment unit since 2013
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.
Lincolnstraat 641180 UkkelGround area
811 m²
Building footprint
641 m²
Volume, LiDAR
13,041 m³
2 parcels, Brussels · tallest building 29.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
IRIS BELGIUM
since 20132.282.529.764
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0120/00H005 | Brussels | 480 m² | 1 · 417 m² | 29.8 m · 8 fl. |
| 21612C0004/00R049 | Brussels | 331 m² | 1 · 223 m² | 18.2 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 6,146 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-2013
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.