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IRIS GROUP

Active
Public limited companyfounded 1978active for 48 yearsBazellaan 5, 1140 Evere, BelgiumKBO/BCE: BE 0418.161.060

From the official registers: KBO 71 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

IRIS GROUP has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19.0m and a net result of -€25,582. Equity has been growing by about 17% per year since 2018. Its solvency ranks better than 61% of 224 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
IRIS GROUPActiveChecked score 93/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 28-03-1978 Normal situation
Activity
Computing infrastructure, data processing, hosting and related activities NACE 63100and 1 other
Establishment unit
2.014.792.146 1140 Evere, since 28-03-1978
Financial year end
31 December
Peppol
Reachable
Company details

Board and ownership

Board
  • Lextrad BVChair · permanent representative Bernard THUYSBAERT
  • ARTYM srlManaging director · permanent representative Patrick JANSSENS van der MAELEN
  • PROGRESSIO MANAGEMENT srlManaging director · permanent representative Sandra de Kerckhove dit van der Varent
  • OBA Management SADirector · since 16-06-2023 · permanent representative Philippe MASSET
and 4 other directors
Auditor
FORVIS MAZARS SRL
Shareholders
Holdings
Shares in 6 companies including Iris Technical Services and ALCYON
Board & ownership

Financial position

93 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€10.3m
▼ 2.1%
Loss
€25,582
Equity
€19.0m
▼ 0.9%
Total assets
€33.7m
▲ 10.6%
Staff
45.2 FTE
▼ 10.5%
Standalone figures, without subsidiaries
Filed on 23-06-2026, 38 days before the deadlineat the National Bank
Financials
Score breakdownraises riskLiquidity: current ratio 0.68, cash €1.7mlowers riskSize: turnover €10.3m, 45.2 FTE, total assets €33.7m, files consolidated accountsFounded in 1978Equity €19.0m (56.5% of total assets)Show the evidence

Checked score

Score 2025
93 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 42% of small companies in computing infrastructure and information services (NACE 63)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 81-7
equity 56.5% of total assets
Liquidity 39-2
short-term debt 38.4% · cash 5.0%
Profitability 57-5
return on assets -0.1%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (183 companies, NACE 63, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025highest value 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026
Credit of up to €1,000,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.68 (0.6 in 2024), below 1. Short-term debt is 38.4% and cash 5% of total assets. 43.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 63, small). It does better than 67% of them on solvency, 29% on liquidity, 37% on profitability and 35% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.68, cash €1.7m
NBB · annual accounts
lowers risk · Size: turnover €10.3m, 45.2 FTE, total assets €33.7m, files consolidated accounts
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1978
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €19.0m (56.5% of total assets)
NBB · annual accounts
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 23-06-2026, 38 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
38 days early
2024
31 days early
2023
20 days early
2022
32 days early
2021
25 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 29 days before the deadline. In the sector (NACE 63), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €1.6m in 2024 -€25,582 View
  • Positive: More equity than 92% of companies in computing infrastructure and information servicessector median €904,349 · 224 companies €19.0m View
  • Board changedlatest change 06-02-2026 · 7 in office 1 joined · 2 left View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

Companies linked to IRIS GROUP

Comparable companies

These companies have the same main activity as IRIS GROUP: computing infrastructure, data processing, hosting and related activities (NACE 63100). They are comparable in size and age: total assets between €19m and €56m, founded between 1975 and 1989.

CompanyTotal assetsTurnover
IRIS GROUP Evere€33.7m€10.3m
SPACEBEL Liège€39.6m€8.4m
IMAS Turnhout€56.4m€11.5m
EURESYS Seraing€27.2m€19.2m
CORSEARCH EUROPE Elsene€26.1m€9.5m
IPEX Tubize€44.5m€31.7m
GraydonCreditsafe Belgium Antwerpen€18.9m€20.2m
Full comparison

Documents

Annual accounts at the NBB

All 71 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about IRIS GROUP
What is the company number of IRIS GROUP?
The company number of IRIS GROUP is 0418.161.060. The VAT number is the same number with BE in front: BE 0418.161.060.
Where is IRIS GROUP based?
The registered office is at Bazellaan 5, 1140 Evere.Company details
What does IRIS GROUP do?
According to the KBO register, the main activity is computing infrastructure, data processing, hosting and related activities (NACE 63100).
What is the legal form of IRIS GROUP?
The legal form of IRIS GROUP is Public limited company (NV).
When was IRIS GROUP founded?
IRIS GROUP was founded on 28-03-1978.
Is IRIS GROUP still active?
Yes, IRIS GROUP is an active enterprise in the KBO register.
How many employees does IRIS GROUP have?
IRIS GROUP had an average of 45.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of IRIS GROUP?
The turnover of IRIS GROUP was €10.3m in financial year 2025, according to the filed annual accounts.
Is IRIS GROUP profitable?
In financial year 2025, IRIS GROUP made a loss of €25,582.
Where can I find the annual accounts of IRIS GROUP?
IRIS GROUP filed 71 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of IRIS GROUP due?
IRIS GROUP must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.IRIS GROUP · 7 companies

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