Financials
- Fiscal year
- 2024
- Turnover
- €459,953
- Loss
- -€66,490
- Solvency
- -95.0%
Turnover▼ 1.7%
Net result
20232024
IRON MURPHY
ActiveSummary
The computed 12-month bankruptcy probability of IRON MURPHY is 2.3% (moderate). The 2024 annual accounts show negative equity (-€73,459) and a net result of -€66,490. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 15% of 6166 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Launderettes and laundries for private customers
NACE 96102NACE 96012
1 site
Size
€459,953turnover 2024
- Staff
- 21.2 FTE
- Equity
- -€73,459
- Loss
- -€66,490
Structure
Accounts 65 d overdue0 of 1 deed read
Why 52- Loss of €66,490, the second in a row (FY 2024)- Figures for FY 2024 (filed 24-07-2025)+ Liquidity: current ratio 1.15, cash €40,692+ Founded in 2011Show the evidence
Checked score
Score 2024
52
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 30% of its sector peers (NACE 96, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0-13
equity -95.0% of total assets
Liquidity
52+3
short-term debt 86.5% · cash 52.6%
Profitability
50+50
return on assets -86.0%
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 1.3%
12-2024: 1.3%● 0.0% vs 11-2024
01-2025: 1.3%● 0.0% vs 12-2024
02-2025: 1.3%● 0.0% vs 01-2025
03-2025: 1.4%▲ +6.1% vs 02-2025
04-2025: 1.4%▲ +1.3% vs 03-2025
05-2025: 1.4%▼ -2.1% vs 04-2025
06-2025: 1.3%▼ -3.3% vs 05-2025
07-2025: 1.3%▲ +1.8% vs 06-2025
08-2025: 1.2%▼ -6.2% vs 07-2025lowest value
09-2025: 1.2%● 0.0% vs 08-2025lowest value
10-2025: 1.2%● 0.0% vs 09-2025lowest value
11-2025: 1.2%● 0.0% vs 10-2025lowest value
12-2025: 1.2%● 0.0% vs 11-2025lowest value
01-2026: 1.2%● 0.0% vs 12-2025lowest value
02-2026: 1.2%● 0.0% vs 01-2026lowest value
03-2026: 1.3%▲ +6.2% vs 02-2026
04-2026: 1.3%● 0.0% vs 03-2026
05-2026: 1.3%▼ -2.1% vs 04-2026
06-2026: 1.3%▼ -0.6% vs 05-2026
07-2026: 1.3%▲ +2.4% vs 06-2026
08-2026: 1.8%▲ +38.9% vs 07-2026
09-2026: 2.0%▲ +10.3% vs 08-2026
10-2026: 2.3%▲ +13.5% vs 09-2026highest value
- Loss of €66,490, the second in a row (FY 2024) raises the probability
- Figures for FY 2024 (filed 24-07-2025) raises the probability
- Liquidity: current ratio 1.15, cash €40,692 lowers the probability
- Founded in 2011 lowers the probability for this profile
No credit on open account
Liquidity tight (current ratio 1.15 against 0.87 in 2023; short-term debt: 86.5% and cash: 52.6% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 96, micro). Better than this share of them on solvency 11%, liquidity 54%, profitability 35%, growth against the median 20%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€73,459
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-07-2025, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
22 d early
2022
on the day
2021
34 d early
2020
82 d late
2019
42 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 4 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · micro…
- Weakest financial yearnet -€66,490
- Annual accounts filedfiscal year 2023 · micro…
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€73,459 View
- Caution: Equity fell in 2024from -€6,969 to -€73,459 ▼ 954% View
- Caution: Among the weakest 5% on net resultsector median €2,768 · 6,160 companies -€66,490 View
- Caution: Accounts not fileddeadline was 31-07-2026 65 d late View
- Caution: 2 loss-making years in a rowloss fiscal year 2024 -€66,490 View
- Flemish supportawarded 2022 - 2025 €1.3m View
By topic
Timeline
- Events
- 12
- Since
- 2016
- 24-07-2025Annual accounts filed
- 31-12-2024Weakest financial year
- 09-07-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company (pre-2019)
- Activity
- Launderettes and laundries for private customersNACE 96102
- Founded
- 09-03-2011
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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