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ITER

Active
Public limited companyfounded 1986active for 40 yearsRue des Nations-Unies(MLZ) 6, 7140 Morlanwelz, BelgiumKBO/BCE: BE 0428.839.572
Summary

The computed 12-month bankruptcy probability of ITER is 3.2% (moderate). The 2025 annual accounts show equity of €336,460 and a net result of -€69,640. Equity is growing by about 6.7% per year across the filed financial years. Its solvency ranks better than 69% of 4,613 sector peers (NACE 56, financial year 2025). The company has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Full-service restaurants
NACE 56111
1 site
Size
€690,629total assets 2025
Equity
€336,460
Loss
-€69,640
Turnover not published (abbreviated or micro format)
Financial health
50 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
3.2%
Structure
Accounts filed 46 days late0 of 5 deeds read
Why 50raises riskLatest accounts 46 days late; 3 of the last 3 lateLoss of €69,640 (financial year 2025)1 change of registered office in 24 monthsSector: Food and beverage service activities (NACE 56)Show the evidence

Checked score

Score 2025
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 42% of its sector peers (NACE 56, micro)
Financial strength · tick = 2024
Average
Solvency 74-2
equity 48.7% of total assets
Liquidity 45-11
short-term debt 20.7% · cash 1.7%
Profitability 45-28
return on assets -10.1%
Bankruptcy probability, 12 months
3.2% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,704 companies, NACE 56, micro)
Last 24 months 11-2024: 0.4% 12-2024: 0.4%● unchanged vs 11-2024 01-2025: 0.4%● unchanged vs 12-2024lowest value 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 1.0%▲ +0.6 percentage points vs 03-2025 05-2025: 1.1%▲ +0.1 percentage points vs 04-2025 06-2025: 1.0%▼ -0.1 percentage points vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.5%▲ +0.4 percentage points vs 07-2025 09-2025: 1.9%▲ +0.4 percentage points vs 08-2025 10-2025: 0.8%▼ -1.1 percentage points vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.9%▲ +0.1 percentage points vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 1.0%▲ +0.1 percentage points vs 04-2026 06-2026: 0.9%▼ -0.1 percentage points vs 05-2026 07-2026: 1.0%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.3 percentage points vs 07-2026 09-2026: 1.6%▲ +0.3 percentage points vs 08-2026 10-2026: 3.2%▲ +1.6 percentage points vs 09-2026highest value
Credit of up to €16,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.78, compared with 1.06 in 2024; short-term debt: 20.7% and cash: 1.7% of total assets), and 51.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 56, micro): better than 67% on solvency, 41% on liquidity, 33% on profitability and 26% on growth.

The bankruptcy probability was computed on 08-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
+raises risk○neutral
raises risk · Latest accounts 46 days late; 3 of the last 3 late
NBB · filings
raises risk · Loss of €69,640 (financial year 2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-09-2026, 46 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
46 days late
2024
53 days late
2023
65 days late
2022
63 days late
2021
65 days late
2020
109 days late
2019
109 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 73 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Weakest financial yearnet -€69,640
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: From profit to loss in 2025after €27,012 in 2024 -€69,640 View
  • Caution: Among the weakest 8% on net resultsector median €10,391 · 4,607 companies -€69,640 View
  • Active since 1986founded 22-04-1986 40 years View

By topic

Financials

Financial year
2025
Total assets
€690,629
Loss
-€69,640
Solvency
48.7%
Total assets▼ 13.2%
Net result
20182025
Go to Financials

Timeline

Events
41
Since
1987
Next accounts
by 31-07-2027
  1. 04-10-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2025
  3. 02-10-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Full-service restaurantsNACE 56111
Founded
22-04-1986
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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