Skip to content

IRISTICK

Active
Public limited companyfounded 2015active for 11 yearsLamorinièrestraat 123, 2018 Antwerpen, BelgiumKBO/BCE: BE 0589.956.671
Summary

IRISTICK has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.4m and a net result of -€1.2m. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 76% of 176 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Activity
Manufacture of computer, electronic and optical products
NACE 26200Computer programming NACE 62100
1 site
Size
€4.5mtotal assets 2025
Staff
4.7 FTE
Equity
€3.4m
Loss
-€1.2m
Financial health
70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Structure
Largest shareholder
SAFFELBERG INVESTMENTS · 49.59%
Board
4 members
Holdings
1
Accounts filed 59 days late1 of 13 deeds read
Why 70raises riskLoss of €1.2m, the second in a row (financial year 2025)Latest accounts 59 days late; 1 of the last 3 lateLiquidity: current ratio 3.75, cash €176,459lowers riskFigures for financial year 2025 (filed 28-09-2026)Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 42% of its sector peers (NACE 26, micro)
Financial strength · tick = 2024
Average
Solvency 100=
equity 75.9% of total assets
Liquidity 49-7
short-term debt 18.8% · cash 4.0%
Profitability 0=
return on assets -26.7%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (446 companies, NACE 26, micro)
Last 24 months 11-2024: 1.2%highest value 12-2024: 1.2%● unchanged vs 11-2024highest value 01-2025: 1.2%● unchanged vs 12-2024highest value 02-2025: 0.6%▼ -0.6 percentage points vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.7%▲ +0.1 percentage points vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.8%▲ +0.1 percentage points vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 0.3%▼ -0.5 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026lowest value 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▲ +0.2 percentage points vs 07-2026 09-2026: 0.7%● unchanged vs 08-2026 10-2026: 0.6%▼ -0.1 percentage points vs 09-2026
Credit of up to €230,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.75, compared with 4.68 in 2024; short-term debt: 18.8% and cash: 4% of total assets), and 24.1% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 26, micro): better than 87% on solvency, 35% on liquidity, 10% on profitability and 37% on growth.

The bankruptcy probability was computed on 09-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.
−lowers risk+raises risk○neutral
raises risk · Loss of €1.2m, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Latest accounts 59 days late; 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 3.75, cash €176,459
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 28-09-2026)
NBB · annual accounts
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 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€1.2m
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
59 days late
2024
6 days early
2023
21 days late
2022
18 days early
2021
3 days early
2020
1 day early
2019
63 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 16 days after the deadline; the sector median (NACE 26) for financial year 2024 is 8 days before the deadline, and 35% 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 28 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Resignations: INNOVATION FUND, PENTACON and 2…Appointments: INNOVATION FUND, PENTACON and…
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Risk: 8 loss-making years in a rowloss financial year 2025 -€1.2m View
  • Caution: Among the weakest 15% on net resultsector median €119,247 · 176 companies -€1.2m View
  • Board changedlatest change 28-04-2026 · 4 in office 4 joined · 1 left View
  • Positive: Result rose in 2025from -€2.2m to -€1.2m ▲ 45.7% View
  • EU research moneyEU contribution €2.0m View

By topic

Financials

Financial year
2025
Total assets
€4.5m
Loss
-€1.2m
Solvency
75.9%
Total assets▲ 1.7%
Net result
20182025
Go to Financials

Board & ownership

Board
4 members
Largest shareholder
SAFFELBERG INVESTMENTS · 49.59%
  • DE JODE Kirby Louisette JosuéDirector
  • INNOVATION FUNDDirector
  • LAHAYADirector
  • PENTACONDirector
Go to Board & ownership

Timeline

Events
15
Since
2017
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 21-08-2024Annual accounts filed
  3. 31-12-2023Equity above €5m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of computer, electronic and optical productsNACE 26200
Founded
30-01-2015
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.