IRIS TYRE CENTER
ActiveIRIS TYRE CENTER has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €-9k. Equity is shrinking by ~8.7% per year across the filed fiscal years. Its solvency ranks better than 20% of 10345 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64=
Solvency34▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 3.87 against 3.04 in 2024; short-term debt: 16.3% and cash: 11.8% of total assets), but 90.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
9.4%
Return on assets
-3.4%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-9k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 10345 sector peers (2025).
NBB · sector comparisonPosition among 10345 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
39 d late
2024
55 d late
2023
13 d early
2022
11 d early
2021
1 d late
2020
59 d late
2019
69 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-9k▲ 23.3%
2024 · €-11k
2018: €7k
2019: €-3k
2020: €15k
2021: €41k
2022: €21k
2023: €-50k
2024: €-11k
2018 → 2025
Working capital
€119k▲ 17.0%
2024 · €101k
2018: €60k
2019: €45k
2020: €58k
2021: €99k
2022: €138k
2023: €89k
2024: €101k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€101k-€115k▲ 14.1%€58k▼ 49.9%€39k▼ 31.7%€24k▼ 39.7%
Operating result€34k-€16k▼ 53.4%€-57k€-18k▲ 68.5%€-16k▲ 8.0%
Net result€41k-€21k▼ 48.0%€-50k€-11k▲ 77.5%€-9k▲ 23.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €16k in 2025 against €18k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €253k
Fixed assets
€93k▼ 26.7%
Current assets
€160k▲ 5.9%
Equity and liabilities €253k
Equity
€24k▼ 39.7%
Provisions
€1k▼ 50.0%
Debt
€228k▼ 3.5%
The debt ratio rises from 85.1% to 90.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€12k▼
2024 · €13k
Cash flow
€20k▲
2024 · €20k
Solvency
9.4%▼
2024 · 14.2%
Current ratio
3.87▲
2024 · 3.04
Quick ratio
2.30▲
2024 · 1.64
Debt / equity
9.61▲
2024 · 6.01
ROE
-36.6%▼
2024 · -28.8%
ROA
-3.4%▲
2024 · -4.1%
Interest coverage
7.52▼
2024 · 9.40
Debt
€228k▼
2024 · €237k
Debt ≤ 1 year
€41k▼
2024 · €50k
Debt > 1 year
€187k=
2024 · €187k
Staff costs
€98k▲
2024 · €86k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€278k€253k▼
Fixed assets21/28€127k€93k▼
Tangible fixed assets22/27€127k€93k▼
Plant, machinery and equipment23€48k€28k▼
Other tangible fixed assets26€79k€64k▼
Financial fixed assets28€563€563=
Current assets29/58€151k€160k▲
Stocks and contracts in progress3€69k€65k▼
Stocks30/36€69k€65k▼
Amounts receivable within one year40/41€59k€61k▲
Trade receivables40€57k€59k▲
Other amounts receivable41€2k€2k▲
Cash at bank and in hand54/58€16k€30k▲
Deferred charges and accrued income490/1€7k€4k▼
Equity and liabilities
Total equity and liabilities10/49€278k€253k▼
Equity10/15€39k€24k▼
Contributions10/11€20k€20k=
Reserves13€10k€6k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€8k€4k▼
Profit (loss) carried forward14€-11k€-16k▼
Investment grants15€21k€14k▼
Provisions and deferred taxes16€2k€1k▼
Deferred taxes168€2k€1k▼
Amounts payable17/49€237k€228k▼
Amounts payable after more than one year17€187k€187k=
Other amounts payable178/9€187k€187k=
Amounts payable within one year42/48€50k€41k▼
Trade debts44€30k€21k▼
Suppliers440/4€30k€21k▼
Taxes, remuneration and social security45€12k€21k▲
Taxes450/3€6k€11k▲
Remuneration and social security454/9€6k€10k▲
Other amounts payable47/48€8k-
Income statement
Code20242025
Remuneration, social security and pensions62€86k€98k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€29k▼
Other operating charges640/8€1k€6k▲
Gross operating margin9900€101k€116k▲
Operating profit (loss)9901€-18k€-16k▲
Financial income75/76B€7k€8k▲
Recurring financial income75€7k€8k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-12k€-10k▲
Transfer from deferred taxes780€1k€1k=
Profit (loss) for the period9904€-11k€-9k▲
Transfer from tax-exempt reserves789€4k€4k=
Profit (loss) for the period to be appropriated9905€-7k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-11k€-16k▼
Profit (loss) brought forward from the previous period14P€-4k€-11k▼
Social balance
Average headcount (FTE)90872.02.0=
The notes to these accounts (8 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
08-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 39 days late
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 55 days late
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-50k ▼339%
Net result drops to €-50k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
31-12
Financial
Highest result since 2018net €41k ▲179%
Operating result €34k, net result €41k, both a record.
31-12
Financial
Equity above €100kEq €101k ▲50.4%
2 profitable years in a row build equity to €101k.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 59 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial 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
Registered office, Brussel · 1 establishment unit since 2017
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.
Rupelstraat 11000 BrusselGround area
4.0 ha
Building footprint
1.3 ha
Volume, LiDAR
203,850 m³
2 parcels, Brussels · tallest building 25.9 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
IRIS TYRE CENTER
since 20172.264.448.172
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21813F0588/00Y000 | Brussels | 3.0 ha | 1 · 4,226 m² | 5.1 m · 1 fl. |
| 21813I0051/00T000 | Brussels | 1.0 ha | 1 · 9,126 m² | 25.9 m · 7 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.
Similar companies · same sector, comparable size
FM AUTOMOBILE
BE 1002.362.663
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BD Automotion
BE 0805.350.517
Lennik · Eq €24k
AUVAGO
BE 0627.919.305
Bilzen-Hoeselt · Eq €24k
kM MOTORS
BE 0897.433.706
Mons · Eq €24k
GNN BELGIUM
BE 0688.943.191
Ukkel · Eq €24k
Of 10,672 companies in sector 47811 we hold annual accounts for 5,223. 2,806 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-11-2009
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95315Tyre services
77110Renting and leasing of cars and light motor vehicles
77399Renting and leasing of other machinery, equipment and tangible goods
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.