IRO CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of IRO CONSTRUCT is 16.1% (high). For IRO CONSTRUCT, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €55,586 and a net result of €4,822. Equity is growing by ~50.5% per year across the filed fiscal years. The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: High
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability58▼-42
Solvency100▲+25
Growth78=
Track record84
Bankruptcy probability, 12 months
16.1%
High
0%0.5%1.5%4%10%≥ 25%
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Signals
Nine signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
94.5%
Return on assets
8.2%
Age of the figures
33 mo
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 20-08-2024, 20 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
20 d late
2022
146 d late
2021
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 3 accounts on average 45 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Address struckAddress strikeout annulled
History
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Financials · fiscal year 2023, micro schema
Equity
€55,586▲ 9.5%
2022 · €50,764
Total assets
€58,830▼ 42.6%
2022 · €102,488
Net result
€4,822▼ 89.6%
2022 · €46,422
Working capital
€55,502▲ 11.9%
2022 · €49,585
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202120222023
Operating result€4,197-€46,100▲ 999%€3,869▼ 91.6%
Net result€3,342-€46,422▲ 1,289%€4,822▼ 89.6%
Equity€4,342-€50,764▲ 1,069%€55,586▲ 9.5%
Total assets€22,749-€102,488▲ 351%€58,830▼ 42.6%
Debt€18,407-€51,724▲ 181%€3,244▼ 93.7%
Working capital€2,069-€49,585▲ 2,297%€55,502▲ 11.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 92% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €58,830
Fixed assets
€84 ▼ 92.8%
Current assets
€58,746 ▼ 42.0%
Equity and liabilities €58,830
Equity
€55,586 ▲ 9.5%
Debt
€3,244 ▼ 93.7%
Debt's share of the balance-sheet total falls from 50.5% to 5.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
18.11▲
2022 · 1.96
Debt to equity
0.06▼
2022 · 1.02
ROE
8.7%▼
2022 · 91.4%
ROA
8.2%▼
2022 · 45.3%
Debt ≤ 1 year
€3,244▼
2022 · €51,724
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,010 | - | - | - |
| Gross operating margin9900 | €5,207 | €46,100 | €3,869 | ▼ 91.6% |
| Operating profit (loss)9901 | €4,197 | €46,100 | €3,869 | ▼ 91.6% |
| Financial income75/76B | €133 | €905 | €1,387 | ▲ 53.4% |
| Recurring financial income75 | €133 | €905 | €1,387 | ▲ 53.4% |
| Financial charges65/66B | €149 | €583 | €435 | ▼ 25.4% |
| Recurring financial charges65 | €149 | €583 | €435 | ▼ 25.4% |
| Profit (loss) for the period before taxes9903 | €4,180 | €46,422 | €4,822 | ▼ 89.6% |
| Income taxes67/77 | €838 | - | - | - |
| Profit (loss) for the period9904 | €3,342 | €46,422 | €4,822 | ▼ 89.6% |
| Profit (loss) for the period to be appropriated9905 | €3,342 | €46,422 | €4,822 | ▼ 89.6% |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €22,749 | €102,488 | €58,830 | ▼ 42.6% |
| Fixed assets21/28 | €2,273 | €1,179 | €84 | ▼ 92.8% |
| Tangible fixed assets22/27 | €2,273 | €1,179 | €84 | ▼ 92.8% |
| Furniture and vehicles24 | €2,273 | €1,179 | €84 | ▼ 92.8% |
| Current assets29/58 | €20,476 | €101,309 | €58,746 | ▼ 42.0% |
| Amounts receivable within one year40/41 | €17,441 | €100,989 | €50,264 | ▼ 50.2% |
| Trade receivables40 | €12,459 | €75,819 | €21,636 | ▼ 71.5% |
| Other amounts receivable41 | €4,983 | €25,171 | €28,628 | ▲ 13.7% |
| Cash at bank and in hand54/58 | €3,034 | €320 | €8,482 | ▲ 2,552% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €22,749 | €102,488 | €58,830 | ▼ 42.6% |
| Equity10/15 | €4,342 | €50,764 | €55,586 | ▲ 9.5% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Profit (loss) carried forward14 | €3,342 | €49,764 | €54,586 | ▲ 9.7% |
| Amounts payable17/49 | €18,407 | €51,724 | €3,244 | ▼ 93.7% |
| Amounts payable within one year42/48 | €18,407 | €51,724 | €3,244 | ▼ 93.7% |
| Trade debts44 | €15,968 | €50,885 | €1,533 | ▼ 97.0% |
| Suppliers440/4 | €15,968 | €50,885 | €1,533 | ▼ 97.0% |
| Taxes, remuneration and social security45 | €2,438 | €838 | €1,711 | ▲ 104% |
| Taxes450/3 | €838 | €838 | €1,711 | ▲ 104% |
| Remuneration and social security454/9 | €1,600 | - | - | - |
| Line | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,342 | €46,422 | €4,822 | ▼ 89.6% |
| + Depreciation and write-downs630 | €1,010 | - | - | - |
| Operating cash flow (approximation) | €4,352 | €46,422 | €4,822 | ▼ 89.6% |
| Investment in fixed assets (approximation) | - | €1,094 | €1,094 | = |
| Change in cash | - | -€2,715 | €8,162 | ▲ 401% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
27-02
KBO administration
Address strikeout annulled
23-02
KBO administration
Address struck
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Liquidity times 9current ratio 18.11
Current ratio from 1.96 to 18.11; short-term debt falls from €51,724 to €3,244.
24-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 146 days late
2022
31-12
Financial
Highest result since 2021net €46,422 ▲1,289%
Operating result €46,100, net result €46,422, both a record.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Schaarbeek
Ground area
195 m²
Building footprint
201 m²
Volume, LiDAR
1,572 m³
Parcel 21902A0354/00P003, Brussels · tallest building 15.2 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21902A0354/00P003 | Brussels | 195 m² | 1 · 201 m² | 15.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company
Founded08-09-2020
Fiscal year end31-12
Contact
E-mail
iromarrdc@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID
0208:0753807883
Also
9925:BE0753807883
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.