Turnover
≈ €120,000 estimated
The abbreviated format states no turnover.
Iroko Services
Lifetime
1 annual account with figurespeak €34,224 (2025)
€34,224
peak €656 (2025)
€656
peak €3,656 (2025)
€3,656
€14,237
peak 0.6 FTE (2025)
0.6 FTE
Board1 name since 2024
1 directorPHALANX
Documentsfilings and deeds
30-07-20261 day before the deadline
2025abbreviated format
UBO non-compliance 12-09UBO non-compliance 01-08First year with figures
Key points
from the 2025 annual accountsDebts
€14,237 80% of the balance sheet
Suppliers 10%Taxes and wages 82%Other 8%
Position in the sector
€3,656
Less equity than 88% of companies in warehousing and transport support. Sector median €294,322 · 889 companies.
Checked score
49
Fair
Financially stronger than 48% of micro companies in warehousing and transport support (NACE 52)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
4.1% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 2,306 companies (NACE 52, micro).
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2025: 7.4%
01-2026: 7.6%▲ +0.2 percentage points vs 12-2025
02-2026: 7.7%▲ +0.1 percentage points vs 01-2026
03-2026: 8.5%▲ +0.8 percentage points vs 02-2026
04-2026: 8.6%▲ +0.1 percentage points vs 03-2026
05-2026: 9.3%▲ +0.7 percentage points vs 04-2026
06-2026: 10.1%▲ +0.8 percentage points vs 05-2026highest value
07-2026: 10.1%● unchanged vs 06-2026
08-2026: 4.0%▼ -6.1 percentage points vs 07-2026
09-2026: 3.9%▼ -0.1 percentage points vs 08-2026lowest value
10-2026: 4.0%▲ +0.1 percentage points vs 09-2026
11-2026: 4.1%▲ +0.1 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Founded in 2024
Sector: Warehousing and support activities for transportation (NACE 52)
Size: 0.6 FTE, total assets €17,893
lowers risk
Liquidity: current ratio 1.04, cash €10,919
Calculation
The band follows from the bankruptcy probability. 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 52, micro). It does better than 30% of them on solvency, 61% on liquidity and 53% on profitability.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,542 companies had the same profile as Iroko Services has now. Each dot stands for 7 companies, two years later.
95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Iroko Services itself: 4.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 2,542 companies, not a prediction for Iroko Services. 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
No publishable credit limit, so credit only on tighter terms
Liquidity is tight, with a current ratio of 1.04, below the usual 1.5. Short-term debt is 79.6% and cash 61% of total assets. 79.6% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2025
1 day early
← before the deadline
after the deadline →
raises risk · Administrative warnings in the KBO publications
The FPS Economy published 2 notices about the company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
UBO non-compliance×2
Board and ownership
- CARRASQUET Gregory Eric Valerie founderdeed of 12-11-2024
- PHALANX founderdeed of 12-11-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1016013335
UBO non-compliance
effective 01-09-2025 · KBO administration
UBO non-compliance
effective 22-07-2025 · KBO administration
First establishment
Bredabaan 1237, Brasschaat
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Iroko Services Brasschaat | €17,893 | €34,224 | 20.4% | 0.6 |
| K-ALI Antwerp | €33,680 | €39,213 | 55.0% | - |
| ELF TRANS Forest | €27,275 | €20,466 | 40.2% | - |
| ESSI SERVICES Ganshoren | €34,224 | €30,082 | 70.1% | - |
| SALB Mechelen | €41,557 | €32,014 | 59.9% | - |
| MMBIN SHIPPING Antwerp | €29,293 | €14,975 | 17.5% | - |
| Commiphora Marlothii Antwerp | €43,826 | €31,458 | 61.1% | - |
These companies have the same main activity as Iroko Services: logistics services (NACE 52250). They are comparable in size and age: total assets between €27,300 and €43,800, founded between 2024 and 2025.
Official details
Source: KBO- Status
- Active since 07-11-2024Normal situation
- Activity
- Logistics servicesNACE 52250
- Joint committee
- 140.03Road transport and logistics for third parties · annual accounts 2025
- Establishment unit
- 2.368.028.2372930 Brasschaat, since 11-11-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Annual accounts 2025
- €17,893
- Employeeson 31-12-2025
- 1
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on Iroko Services
The computed 12-month bankruptcy probability of Iroko Services is 4.1% (elevated). The 2025 annual accounts show equity of €3,656 and a net result of €656, with €8,997 of non-recurring income.
Its solvency ranks better than 32% of 890 sector peers (NACE 52, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries.
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 Iroko Services
- What is the company number of Iroko Services?
- The company number of Iroko Services is 1016.013.335. The VAT number is the same number with BE in front: BE 1016.013.335.
- Where is Iroko Services based?
- The registered office is at Bredabaan 1237, 2930 Brasschaat.Company details
- What does Iroko Services do?
- According to the KBO register, the main activity is logistics services (NACE 52250).
- What is the legal form of Iroko Services?
- Iroko Services is a private limited company (BV).
- When was Iroko Services founded?
- Iroko Services was founded on 07-11-2024.
- Is Iroko Services still active?
- Yes, Iroko Services is an active enterprise in the KBO register.
- How many employees does Iroko Services have?
- Iroko Services had an average of 0.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Iroko Services fall under?
- In its 2025 annual accounts, Iroko Services states joint committee 140.03 (Road transport and logistics for third parties).
- What is the turnover of Iroko Services?
- The turnover in financial year 2025 is ≈ €120,000. This figure is estimated from the gross margin of €34,224 and 1,231 comparable companies of the same size. It probably lies between €66,000 and €230,000. It is a rough estimate.
- Is Iroko Services profitable?
- In financial year 2025, Iroko Services made a profit of €656.
- Where can I find the annual accounts of Iroko Services?
- Iroko Services filed 1 annual account with the National Bank of Belgium, for financial year 2025.
Next steps
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