IRK CONSTRUCTION

Active

Private limited companyfounded 2025active for 1 yearPachtersstraat 58, 9500 Geraardsbergen, BelgiumKBO/BCE: BE 1022.581.819

Summary

IRK CONSTRUCTION has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €45,948 and a net result of €35,948. Its solvency ranks better than 81% of 34,789 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (low).

Risk analysisFollow Report Compare

IRK CONSTRUCTIONActiveChecked score 69/100

Risk analysis Report Compare

Activity

Plastering work

NACE 43310

1 site

Size

≈ €190,000turnover 2025, estimated

Equity: €45,948
Profit: €35,948

Turnover estimated from the gross margin

Financial health

69 Healthy Checked score 2025

Bankruptcy probabilitywithin 12 months: 1.0%

Structure

Kovhan RomanDirector
Skrypal IrynaDirector

2025 accounts filed 31 days late

Why 69raises riskSize: total assets €60,388Founded in 2025Last filed accounts filed 31 days late; 1 of the last 3 latelowers riskLiquidity: current ratio 3.62, cash €12,808Show the evidence

Checked score

Score 2025

69 / 100

Healthy

Probability in this band: 0.55% to 1.5%

Financially better than 83% of its sector peers (NACE 43, micro)

Every signal that counts is listed under Signals.

Financial strength

Strong

Solvency 100

equity 76.1% of total assets

Liquidity 68

short-term debt 23.9% · cash 21.2%

Profitability 100

return on assets 59.5%

Bankruptcy probability, 12 months

1.0% Low

0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,658 companies, NACE 43, micro)

Last 24 months 05-2026: 1.9% 06-2026: 1.9%● unchanged vs 05-2026 07-2026: 2.0%▲ +0.1 percentage points vs 06-2026 08-2026: 2.3%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.9%▼ -1.4 percentage points vs 08-2026lowest value 10-2026: 1.0%▲ +0.1 percentage points vs 09-2026

Credit of up to €3,000 on 30-day terms is acceptable

Liquidity ample (current ratio 3.62, above the usual 1.5; short-term debt: 23.9% and cash: 21.2% of total assets), and 23.9% of the assets are financed with debt and provisions.

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 43, micro): better than 90% on solvency, 66% on liquidity and 92% on profitability.

The bankruptcy probability was computed on 28-10-2026 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

Five signals.

lowers riskraises risk

Size: total assets €60,388

Companies of this size fail more often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Liquidity: current ratio 3.62, cash €12,808

NBB · annual accounts

Founded in 2025

Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.

KBO

Last filed accounts filed 31 days late; 1 of the last 3 late

NBB · filings

2025 accounts filed 31 days late

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 1 filing

Deviation from the deadline

2025

31 days late

← before the deadline after the deadline →

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since incorporation in 2025.

KBO publications · our coverage

31-08-2026 Annual accounts filedfinancial year 2025 · micro…
24-04-2025 IncorporationAppointments: Kovhan Roman (director) and…

Key points

Positive: Among the best 19% on solvencysector median 46.8% · 34,789 companies 76.1% View
Board2 directors in office 2 View
Total assets 2025first financial year filed €60,388 View

By topic

Financials

Financial year: 2025
Total assets: €60,388
Profit: €35,948
Solvency: 76.1%

Go to Financials

Board & ownership

Board: 2 members

Kovhan RomanDirector
Skrypal IrynaDirector

Go to Board & ownership

Timeline

Events: 2
Since: 2025

Go to Timeline

Company details

Sites: 1

Legal form: Private limited company
Activity: Plastering workNACE 43310
Founded: 22-04-2025
Year ends: 31-12
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 13

Annual meeting: Last Thursday of May at 19:00
Purpose: “Het plaatsen van gevelbepleistering, binnen- en buitenbezettingswerken, gipswanden…” (deed in Dutch)

Go to Articles of association

Key facts about IRK CONSTRUCTION

What is the company number of IRK CONSTRUCTION?: 1022.581.819. In Belgium the VAT number is the company number with BE in front: BE 1022.581.819.
Where is IRK CONSTRUCTION based?: The registered office is at Pachtersstraat 58, 9500 Geraardsbergen.Company details
What does IRK CONSTRUCTION do?: According to the KBO register, the main activity is plastering work (NACE 43310).
What is the legal form of IRK CONSTRUCTION?: Private limited company (BV).
When was IRK CONSTRUCTION founded?: On 22-04-2025.
Is IRK CONSTRUCTION still active?: Yes, IRK CONSTRUCTION is an active enterprise in the KBO register.
What is the turnover of IRK CONSTRUCTION?: Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is IRK CONSTRUCTION profitable?: In financial year 2025, IRK CONSTRUCTION made a profit of €35,948.
Where can I find the annual accounts of IRK CONSTRUCTION?: IRK CONSTRUCTION filed 1 annual account with the National Bank of Belgium, for financial year 2025.