IRON
Open bankruptcyA bankruptcy procedure is open for IRON according to publications in the Belgian State Gazette; curator: STEPHANIE BASTIEN. The 2021 annual accounts show equity of €41k and a net result of €28k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 12-08-2022, 12 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
12 d late
2020
61 d late
2019
326 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€41k▲ 213%
2020 · €13k
2018: €-2k
2019: €16k
2020: €13k
2018 → 2021
Total assets
€111k▲ 4.5%
2020 · €106k
2018: €241k
2019: €232k
2020: €106k
2018 → 2021
Net result
€28k
2020 · €-3k
2018: €23k
2019: €18k
2020: €-3k
2018 → 2021
Working capital
€41k▲ 406%
2020 · €8k
2018: €-3k
2019: €16k
2020: €8k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-2k-€16k€13k▼ 18.6%€41k▲ 213%
Operating result€40k-€33k▼ 17.3%€-8k€31k
Net result€23k-€18k▼ 19.6%€-3k€28k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €31k after a loss of €8k in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €111k
Fixed assets
€548▼ 89.3%
Current assets
€110k▲ 9.3%
Equity and liabilities €111k
Equity
€41k▲ 213%
Debt
€70k▼ 25.2%
The debt ratio falls from 87.6% to 62.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▲
2020 · €-3k
Cash flow
€33k▲
2020 · €2k
Solvency
37.3%▲
2020 · 12.4%
Current ratio
1.59▲
2020 · 1.09
Quick ratio
1.59▲
2020 · 1.09
Debt / equity
1.68
ROE
68.1%▲
2020 · -22.8%
ROA
25.4%▲
2020 · -2.8%
Interest coverage
21.05
Debt
€70k▼
2020 · €93k
Debt ≤ 1 year
€70k▼
2020 · €93k
Income taxes
€4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€106k€111k▲
Fixed assets21/28€5k€548▼
Tangible fixed assets22/27€5k€498▼
Furniture and vehicles24-€498
Financial fixed assets28€50€50=
Current assets29/58€101k€110k▲
Amounts receivable within one year40/41€100k€110k▲
Trade receivables40-€83k
Other amounts receivable41-€27k
Cash at bank and in hand54/58€1k€622▼
Equity and liabilities
Total equity and liabilities10/49€106k€111k▲
Equity10/15€13k€41k▲
Contributions10/11€19k€19k=
Capital10-€19k
Issued capital100-€19k
Reserves13€20k€20k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Tax-exempt reserves132-€18k
Profit (loss) carried forward14€-26k€3k▲
Amounts payable17/49€93k€70k▼
Amounts payable within one year42/48€93k€70k▼
Financial debts43-€972
Credit institutions430/8-€972
Trade debts44€30k€1k▼
Suppliers440/4-€1k
Advances received on contracts in progress46-€2k
Taxes, remuneration and social security45-€14k
Taxes450/3-€14k
Other amounts payable47/48-€51k
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8-€1k
Gross operating margin9900€-2k€37k▲
Operating profit (loss)9901€-8k€31k▲
Financial income75/76B-€3k
Recurring financial income75€9k€3k▼
Financial charges65/66B-€2k
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-3k€33k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€-3k€28k▲
Profit (loss) for the period to be appropriated9905€-3k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€3k
Profit (loss) brought forward from the previous period14P-€-26k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2022
19-10
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · IRON SPRL RUE BOLLE 46, 1480 TUBIZE · event 10-10-2022
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
31-12
Financial
Back to profitnet €28k
Net result €28k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 326 days late
2020
31-12
Financial
Weakest financial yearnet €-3k ▼117%
Net result drops to €-3k, the lowest in the series.
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 315 days late
08-05
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 646 days late
2017
15-03
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 227 days late
21-02
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 571 days late
2015
16-01
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 169 days late
2014
21-01
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 174 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
1 establishment unit since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
1,280 m²
Building footprint
82 m²
Volume, LiDAR
683 m³
Parcel 25077F0007/00D002, Wallonia · tallest building 11.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
IRON
since 19972.080.997.517
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25077F0007/00D002 | Wallonia | 1,280 m² | 1 · 82 m² | 11.7 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | STEPHANIE BASTIEN CHAUSSEE DE LOUVAIN 523,
1380 LASNE |
10-10-2022 → present |
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 12,888 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-03-1997
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
25110Manufacture of metal structures and parts of structures
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.