Financials
- Fiscal year
- 2025
- Total assets
- €82,560
- Loss
- -€50,272
- Solvency
- -59.7%
Ironroadworkshop Projects
ActiveSummary
The computed 12-month bankruptcy probability of Ironroadworkshop Projects is 11.9% (high). The 2025 annual accounts show negative equity (-€49,272) and a net result of -€50,272. Its solvency ranks better than 11% of 21069 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
Overview
Activity
Retail sale of cars and light vans (up to 3.5 tonnes)
NACE 47811General maintenance and repair of cars and light vans (up to 3.5 tonnes) NACE 95311Other maintenance and repair of motor vehicles NACE 95319
1 site
Size
€82,560total assets 2025
- Equity
- -€49,272
- Loss
- -€50,272
Turnover not published (abridged schema)
Structure
Accounts filed 31 d late1 of 2 deeds read
Why 27- Ex-officio strike-off in the KBO- 1 change of registered office in 24 months- Loss of €50,272 (FY 2025)- Founded in 2025Show the evidence
Checked score
Score 2025
27
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 6% of its sector peers (NACE 47, micro)
Performance against the sector, not lower risk
Financial strength
Weak
Solvency
0
equity -59.7% of total assets
Liquidity
2
short-term debt 159.7% · cash 1.8%
Profitability
0
return on assets -60.9%
Bankruptcy probability, 12 months
11.9%
High
0%0.5%1.5%4%10%≥ 25%
About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
02-2026: 1.8%lowest value
03-2026: 1.8%● 0.0% vs 02-2026lowest value
04-2026: 1.9%▲ +4.8% vs 03-2026
05-2026: 2.2%▲ +16.8% vs 04-2026
06-2026: 4.3%▲ +95.3% vs 05-2026
07-2026: 8.8%▲ +104% vs 06-2026
08-2026: 8.8%● 0.0% vs 07-2026
09-2026: 11.7%▲ +32.7% vs 08-2026
10-2026: 11.9%▲ +1.9% vs 09-2026highest value
- Ex-officio strike-off in the KBO raises the probability
- 1 change of registered office in 24 months raises the probability
- Loss of €50,272 (FY 2025) raises the probability
- Founded in 2025 raises the probability for this profile
No credit on open account
Liquidity short (current ratio 0.36; short-term debt: 159.7% and cash: 1.8% 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 47, micro). Better than this share of them on solvency 6%, liquidity 4%, profitability 6%. 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
Seven 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 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 1 filingDeviation from the deadline
2025
31 d late
← before the deadline
after the deadline →
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
- Annual accounts filedfiscal year 2025 · micro…
- Address strikeout annulledKBO administration
- Registered officeRegistered-office move · Director in…
Key points
By topic
Timeline
- Events
- 4
- Since
- 2026
- 31-08-2026Annual accounts filed
- 26-06-2026Address strikeout annulled
- 25-06-2026Registered office
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Retail sale of cars and light vans (up…NACE 47811
- Founded
- 23-01-2025
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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