IRK CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of IRK CONSTRUCT is 2.5% (moderate). The 2025 annual accounts show equity of €123,395 and a net result of €11,172. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 24% of 2,318 sector peers (NACE 25, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Staff
- ≈ 1.9 FTE, estimated
- Equity
- €123,395
- Profit
- €11,172
Why 51raises riskLiquidity: current ratio 1.18, cash €1661 of the last 3 lateSector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)lowers riskSize: total assets €650,182Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 25, micro): better than 21% on solvency, 5% on liquidity and 41% on profitability.
The bankruptcy probability was computed on 29-10-2026 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).
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Signals
This company filed its last 5 accounts on average 68 days after the deadline; the sector median (NACE 25) for financial year 2023 is 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Weakest financial yearnet €11,172 ▼90.5%
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2025, micro format
2019 to 2025, 4 financial years 2019 to 2025, 4 financial years
The operating result is €22,787 in 2025, compared with €77,292 in 2023. Comparable figures for the intervening years are unavailable.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 2,372 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 96.6% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.5% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,372 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2019 | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €22,191 | €37,984 | €107,730 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €4,683 | - |
| Other operating charges640/8 | - | €650 | - | €2,073 | - |
| Gross operating margin9900 | €35,722 | €352,434 | €115,276 | €137,273 | - |
| Operating profit (loss)9901 | €31,155 | €329,593 | €77,292 | €22,787 | - |
| Financial income75/76B | - | €4,401 | €46,514 | €267 | - |
| Recurring financial income75 | €2,500 | €4,401 | €46,514 | €267 | - |
| Financial charges65/66B | - | €147 | €227 | €344 | - |
| Recurring financial charges65 | €44 | €147 | €227 | €344 | - |
| Profit (loss) for the period before taxes9903 | €33,611 | €333,847 | €123,579 | €22,710 | - |
| Income taxes67/77 | €3,662 | €5,335 | €5,460 | €11,538 | - |
| Profit (loss) for the period9904 | €29,949 | €328,512 | €118,119 | €11,172 | - |
| Profit (loss) for the period to be appropriated9905 | €29,949 | €328,512 | €118,119 | €11,172 | - |
| Line | 2019 | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €219,206 | €478,641 | €505,234 | €650,182 | - |
| Fixed assets21/28 | - | €28,223 | €28,223 | €67,083 | - |
| Tangible fixed assets22/27 | - | €28,223 | €28,223 | €37,590 | - |
| Furniture and vehicles24 | - | - | - | €9,366 | - |
| Other tangible fixed assets26 | - | €28,223 | €28,223 | €28,223 | - |
| Financial fixed assets28 | - | - | - | €29,494 | - |
| Current assets29/58 | €219,206 | €450,418 | €477,011 | €583,099 | - |
| Amounts receivable within one year40/41 | €217,901 | €449,043 | €477,011 | €517,442 | - |
| Trade receivables40 | - | €404,424 | €467,152 | €511,292 | - |
| Other amounts receivable41 | - | €44,618 | €9,859 | €6,150 | - |
| Cash at bank and in hand54/58 | €1,305 | €1,376 | - | €166 | - |
| Deferred charges and accrued income490/1 | - | - | - | €65,491 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €219,206 | €478,641 | €505,234 | €650,182 | - |
| Equity10/15 | €54,361 | €88,519 | €130,006 | €123,395 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Capital10 | - | €18,600 | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | - |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - |
| Legal reserve130 | - | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | - |
| Profit (loss) carried forward14 | €33,901 | €68,059 | €109,546 | €102,935 | - |
| Amounts payable17/49 | €164,845 | €390,122 | €375,228 | €526,787 | - |
| Amounts payable within one year42/48 | €4,644 | €342,955 | €357,980 | €496,110 | - |
| Financial debts43 | - | - | €12 | - | - |
| Credit institutions430/8 | - | - | €12 | - | - |
| Trade debts44 | €4,644 | €16,359 | - | - | - |
| Suppliers440/4 | - | €16,359 | - | - | - |
| Taxes, remuneration and social security45 | - | €2,516 | €15,173 | €13,065 | - |
| Taxes450/3 | - | - | - | €13,065 | - |
| Remuneration and social security454/9 | - | €2,516 | €15,173 | - | - |
| Other amounts payable47/48 | - | €324,080 | €342,794 | €483,045 | - |
| Accrued charges and deferred income492/3 | - | €47,167 | €17,249 | €30,677 | - |
| Line | 2019 | 2021 | 2023 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €29,949 | €328,512 | €118,119 | €11,172 | - |
| + Depreciation and write-downs630 | - | - | - | €4,683 | - |
| Operating cash flow (approximation) | €29,949 | €328,512 | €118,119 | €15,855 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (5)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 18-04-2026 | 2026-00083153 |
| 30-09-2023 | micro format | 30-01-2025 | 2025-00025140 |
| 30-09-2021 | micro format | 01-05-2022 | 2022-20018132 |
| 30-09-2019 | micro format | 07-07-2020 | 2020-27100352 |
| 30-09-2018 | micro format | 09-05-2019 | 2019-12600426 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Capital and shareholders
- RAHMOUN Abdelhalak to POPESKU Ivan 1%
- RAHMOUN Abdelhalak to KOSTYNIAN Krystiian 1%
- RAHMOUN Abdelhalak to HORASH Mykola 1%
- RAHMOUN Abdelhalak to LINGURARU lonel 1%
- RAHMOUN Abdelhalak to STRILCHUK Mykola 1%
- RAHMOUN Abdelhalak to HOZOIU Victor 1%
- RAHMOUN Abdelhalak to BORONCHUK Oleksiy 1%
- RAHMOUN Abdelhalak to GUTULEAC llie 1%
- RAHMOUN Abdelhalak to UHRENIUK Ivan 1%
- RAHMOUN Abdelhalak to UHRENIUK Dmytro 1%
- RAHMOUN Abdelhalak to HUTSOLIAK Ihor 1%
- RAHMOUN Abdelhalak to PAVLIJK Vladyslav 1%
- RAHMOUN Abdelhalak to UHRENIUK Victor 1%
- RAHMOUN Abdelhalak to HUTSOLIAK Yunes 1%
- RAHMOUN Abdelhalak to RUD Serhii 1%
- RAHMOUN Abdelhalak to HUNA Vasyl 1%
- RAHMOUN Abdelhalak to URSULIAN Drahush 1%
- RAHMOUN Abdelhalak to MABROUK Amine 1%
- RAHMOUN Abdelhalak to BANDIU Dumitru 1%
- RAHMOUN Abdelhalak to GUTULEAC Alexandru 1%
- RAHMOUN Abdelhalak to PAVLO KNAPYK 1%
- RAHMOUN Abdelhalak to BANDOUMA Jaouad 1%
- RAHMOUN Abdelhalak to UHRENIUK Viktor 1%
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Group and network
Connections & network
No directors read yet: 3 of 5 Gazette acts processed.
History
Acts, filings and financial milestones
24-12
Gazette deed
Capital & sharesShare transfer · Registered office clause17 facts ▸
- General meeting, 02-12-2024
- Share transfer, RAHMOUN Abdelhalak → POPESKU Ivan
- Share transfer, RAHMOUN Abdelhalak → KOSTYNIAN Krystiian
- Share transfer, RAHMOUN Abdelhalak → HORASH Mykola
- Share transfer, RAHMOUN Abdelhalak → LINGURARU lonel
- Share transfer, RAHMOUN Abdelhalak → STRILCHUK Mykola
- Share transfer, RAHMOUN Abdelhalak → HOZOIU Victor
- Share transfer, RAHMOUN Abdelhalak → BORONCHUK Oleksiy
- Share transfer, RAHMOUN Abdelhalak → GUTULEAC llie
- Share transfer, RAHMOUN Abdelhalak → UHRENIUK Ivan
- Share transfer, RAHMOUN Abdelhalak → UHRENIUK Dmytro
- Share transfer, RAHMOUN Abdelhalak → HUTSOLIAK Ihor
- +5 further facts in this act
04-12
Gazette deed
Capital & sharesShare transfer · Director in office4 facts ▸
- General meeting, 20-11-2023
- Share transfer, RAHMOUN Abdelhalak → HUNA Vasyl
- Share transfer, RAHMOUN Abdelhalak → URSULIAN Drahush
- Director in office, RAHMOUN Abdelhalak (director)
23-11
Gazette deed
Capital & sharesShare transfer7 facts ▸
- General meeting, 08-11-2023
- Share transfer, RAHMOUN Abdelhalak → MABROUK Amine
- Share transfer, RAHMOUN Abdelhalak → BANDIU Dumitru
- Share transfer, RAHMOUN Abdelhalak → GUTULEAC Alexandru
- Share transfer, RAHMOUN Abdelhalak → PAVLO KNAPYK
- Share transfer, RAHMOUN Abdelhalak → BANDOUMA Jaouad
- Share transfer, RAHMOUN Abdelhalak → UHRENIUK Viktor
About the unread acts
Of the 5 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0679.643.762
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
2 parcels
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21447B0298/00S013 | Brussels | 9,346 m² | 1 · 1,407 m² | 29.7 m · 6 |
| 21807G0120/00L005 | Brussels | 700 m² | 1 · 700 m² | 32.2 m · 9 |
How the parcels are linked
Articles of association
- Other provisionsOther rules from the articles that fall under none of the themes above.
- 1 more provision in the deed, see the deed of 23-11-2023
Read from the deeds: 1 provision, deed of 23-11-2023