Equity
€388,447 ▲ 42.9%
IRO has made a profit in every financial year since 2019.
IRO
Lifetime
7 annual accounts with figures on one time axispeak €187,404 (2025)
€187,404▲ 28.2%
peak €116,521 (2025)
€116,521▲ 23.8%
peak €388,447 (2025)
€388,447▲ 42.9%
€37,620▼ 19.1%
Board2 names since 2018
2 directors and 1 other
Documentsfilings and deeds
23-06-202638 days before the deadline
2025micro format
Gross margin from €146,184 to €187,404Equity from €271,925 to €388,447Debts from €46,491 to €37,620Cash from €153,319 to €209,501
Key points
from the 2025 annual accountsTurnover
≈ €1.4m estimated
The micro format states no turnover.
Liquidity
10.46 was 5.34 in 2024
Short-term debts fell from €46,415 to €35,530.
Filings
7 annual accounts since 2019
The last five annual accounts were filed 12 to 39 days before the end of the period.
Starting capital
€40,000 400 shares
Position in the sector
€116,521
Higher net result than 95% of companies in wholesale trade. Sector median €5,135 · 15,425 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 26,973 companies had the same profile as IRO has now. Each dot stands for 68 companies, two years later.
94.8%
were still trading
3.5%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,973 companies, not a prediction for IRO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0699796008
Change of role: , from director to statutory director
General meeting of 24-08-2023 · Gazette deed
Incorporation
Founding capital of €40,000, 400 shares · Founder: · Appointment: (manager) · published on 12-07-2018 · Gazette deed
First establishment
Colonel Chaltinstraat 38, Uccle
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| IRO Uccle | €426,067 | €187,404 | 91.2% | - |
| KAVUS COFFEE ROASTERS Kalmthout | €324,162 | €213,729 | 54.7% | - |
| HEINEN SERVICES Butgenbach | €506,752 | €223,455 | 60.8% | 3.2 |
| MATE-SANTE Evere | €325,508 | €149,212 | 54.8% | 0.5 |
| Le Cercle du Cacao Evere | €501,914 | €159,817 | 12.4% | - |
| A.T. HORECA Schaerbeek | €667,618 | €171,199 | 54.7% | - |
| CAFE CHORTI Ciney | €438,051 | €127,185 | 59.5% | - |
These companies have the same main activity as IRO: wholesale trade (NACE 46370). They are comparable in size and age: total assets between €324,000 and €668,000, founded between 2012 and 2021.
Official details
Source: KBO- Status
- Active since 10-07-2018Normal situation
- Activity
- Wholesale tradeNACE 46370and 3 others
- Establishment unit
- 2.277.407.8671180 Uccle, since 10-07-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Annual accounts 2025
- €426,067▲ 33.8%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on IRO
IRO files the micro format. That format states no turnover. The gross margin rose from €11,624 in 2019 to €187,404 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about IRO
- What is the company number of IRO?
- The company number of IRO is 0699.796.008. The VAT number is the same number with BE in front: BE 0699.796.008.
- Where is IRO based?
- The registered office is at Colonel Chaltinstraat 38, 1180 Uccle.Company details
- What does IRO do?
- According to the KBO register, the main activity is wholesale trade (NACE 46370).
- What is the legal form of IRO?
- IRO is a private limited company (BV).
- When was IRO founded?
- IRO was founded on 10-07-2018.
- Is IRO still active?
- Yes, IRO is an active enterprise in the KBO register.
- What is the turnover of IRO?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €187,404 and 34 comparable companies (NACE 463). It probably lies between €540,000 and €2.5m.Financials
- Is IRO profitable?
- In financial year 2025, IRO made a profit of €116,521.
- Where can I find the annual accounts of IRO?
- IRO filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of IRO due?
- IRO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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