IRIX GROUP
ActiveIRIX GROUP has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €778k and a net result of €12k. Equity is growing by ~10.7% per year across the filed fiscal years. Its solvency ranks better than 74% of 7924 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -14 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability7▼-78
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 3.36 against 3.17 in 2024), and 31.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.8%
Return on assets
1%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
23 d late
2023
61 d late
2022
31 d late
2021
31 d late
2020
16 d early
2019
31 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€778k▲ 1.5%
2024 · €766k
2018: €396k
2019: €422k
2020: €451k
2021: €529k
2022: €582k
2023: €635k
2024: €766k
2018 → 2025
Total assets
€1.13M▼ 3.6%
2024 · €1.17M
2018: €898k
2019: €876k
2020: €869k
2021: €957k
2022: €1.02M
2023: €1.01M
2024: €1.17M
2018 → 2025
Net result
€12k▼ 91.1%
2024 · €130k
2018: €32k
2019: €25k
2020: €30k
2021: €77k
2022: €53k
2023: €54k
2024: €130k
2018 → 2025
Working capital
€542k▼ 2.0%
2024 · €553k
2018: €287k
2019: €300k
2020: €318k
2021: €379k
2022: €408k
2023: €445k
2024: €553k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€529k-€582k▲ 10.0%€635k▲ 9.3%€766k▲ 20.5%€778k▲ 1.5%
Operating result€124k-€87k▼ 30.4%€94k▲ 9.0%€210k▲ 122%€36k▼ 82.8%
Net result€77k-€53k▼ 31.5%€54k▲ 1.9%€130k▲ 142%€12k▼ 91.1%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 83% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.13M
Fixed assets
€358k▼ 1.9%
Current assets
€772k▼ 4.4%
Equity and liabilities €1.13M
Equity
€778k▲ 1.5%
Debt
€352k▼ 13.3%
The debt ratio falls from 34.6% to 31.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€93k▼
2024 · €253k
Cash flow
€68k▼
2024 · €174k
Solvency
68.8%▲
2024 · 65.4%
Current ratio
3.36▲
2024 · 3.17
Quick ratio
2.32▲
2024 · 2.27
Debt / equity
0.45▼
2024 · 0.53
ROE
1.5%▼
2024 · 17.0%
ROA
1.0%▼
2024 · 11.1%
Interest coverage
5.21▼
2024 · 12.87
Debt
€352k▼
2024 · €406k
Debt ≤ 1 year
€230k▼
2024 · €254k
Debt > 1 year
€122k▼
2024 · €152k
Income taxes
€8k▼
2024 · €61k
Staff costs
€402k▼
2024 · €442k
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€1.17M€1.13M▼
Fixed assets21/28€365k€358k▼
Intangible fixed assets21€243-
Tangible fixed assets22/27€364k€358k▼
Land and buildings22€278k€265k▼
Plant, machinery and equipment23€23k€17k▼
Furniture and vehicles24€63k€76k▲
Current assets29/58€807k€772k▼
Stocks and contracts in progress3€230k€238k▲
Stocks30/36€201k€201k▲
Contracts in progress37€30k€36k▲
Amounts receivable within one year40/41€194k€179k▼
Trade receivables40€172k€155k▼
Other amounts receivable41€22k€23k▲
Cash at bank and in hand54/58€379k€348k▼
Deferred charges and accrued income490/1€4k€8k▲
Equity and liabilities
Total equity and liabilities10/49€1.17M€1.13M▼
Equity10/15€766k€778k▲
Contributions10/11€81k€81k=
Reserves13€202k€213k▲
Non-distributable reserves130/1€8k€8k=
Reserves not available under the articles1311€8k€8k=
Distributable reserves133€193k€205k▲
Profit (loss) carried forward14€484k€484k=
Amounts payable17/49€406k€352k▼
Amounts payable after more than one year17€152k€122k▼
Financial debts170/4€152k€122k▼
Amounts payable within one year42/48€254k€230k▼
Current portion of amounts payable after more than one year42€56k€64k▲
Trade debts44€84k€45k▼
Suppliers440/4€84k€45k▼
Advances received on contracts in progress46€16k€11k▼
Taxes, remuneration and social security45€97k€110k▲
Taxes450/3€36k€45k▲
Remuneration and social security454/9€61k€65k▲
Other amounts payable47/48€2k€292▼
Income statement
Code20242025
Non-recurring operating income76A€5k€826▼
Remuneration, social security and pensions62€442k€402k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€44k€57k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9k-
Other operating charges640/8€10k€10k▼
Gross operating margin9900€714k€504k▼
Operating profit (loss)9901€210k€36k▼
Financial income75/76B€1k€1k▼
Recurring financial income75€1k€1k▼
Financial charges65/66B€20k€18k▼
Recurring financial charges65€20k€18k▼
Profit (loss) for the period before taxes9903€191k€19k▼
Income taxes67/77€61k€8k▼
Profit (loss) for the period9904€130k€12k▼
Profit (loss) for the period to be appropriated9905€130k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€614k€495k▼
Profit (loss) brought forward from the previous period14P€484k€484k=
Transfer to equity691/2€130k€12k▼
To other reserves6921€130k€12k▼
Social balance
Average headcount (FTE)90877.06.0▼
The notes to these accounts (21 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €12k ▼91.1%
Net result drops to €12k, the lowest in the series.
23-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 23 days late
2024
31-12
Financial
Highest result since 2018net €130k ▲142%
Operating result €210k, net result €130k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Equity above €500kEq €529k ▲17.1%
4 profitable years in a row build equity to €529k.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Willebroek · 1 establishment unit since 2003
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.
Molenweg 922830 WillebroekGround area
5,970 m²
Building footprint
1,883 m²
Volume, LiDAR
9,613 m³
2 parcels, Flanders · tallest building 6.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BRUSSELS AIR
since 20032.124.740.458
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12342C0575/00N000 | Flanders | 4,416 m² | 1 · 904 m² | 6.0 m · 2 fl. |
| 12342C0575/00S000 | Flanders | 1,554 m² | 1 · 979 m² | 6.1 m · 2 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.
Recognitions · licences · registrations
Dual-learning approval
2 endedSimilar companies · same sector, comparable size
V/H
BE 0876.481.112
Beveren-Kruibeke-Zwijndrecht · Eq €775k
WIMs world in move
BE 0695.657.274
Hechtel-Eksel · Eq €773k
KEUNE HAIRCOSMETICS BELGIUM
BE 0478.200.397
Zaventem · Eq €786k
EUROBIZZ
BE 0465.744.708
Brugge · Eq €791k
KEY LIGHT CONSULT
BE 0881.925.087
Waregem · Eq €760k
Of 1,733 companies in sector 46150 we hold annual accounts for 750. 395 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded02-10-1985
Fiscal year end31-12
Activities, NACEBEL
46150Agents in the wholesale of furniture, household goods and hardware
46649Wholesale of other machinery and equipment
51150
51873
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.