ITER MD
ActiveSummary
ITER MD has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €309,947 and a net result of €68,841. Equity is growing by ~15.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
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Signals
This company filed its last 6 accounts on average 50 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a higher bankruptcy probability: 1.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,792 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,881 | €4,630 | €16,450 | €25,200 | €24,382 | ▼ 3.2% |
| Other operating charges640/8 | - | €766 | €599 | €791 | €1,184 | ▲ 49.8% |
| Gross operating margin9900 | €55,953 | €66,470 | €75,486 | €132,991 | €116,520 | ▼ 12.4% |
| Operating profit (loss)9901 | €53,397 | €61,073 | €58,437 | €107,000 | €90,954 | ▼ 15.0% |
| Financial income75/76B | - | €6,482 | €10,282 | €9,626 | €11,874 | ▲ 23.4% |
| Recurring financial income75 | €9,694 | €6,482 | €10,282 | €9,626 | €11,874 | ▲ 23.4% |
| Financial charges65/66B | - | €2,788 | €7,114 | €7,502 | €6,469 | ▼ 13.8% |
| Recurring financial charges65 | €493 | €2,788 | €7,114 | €7,502 | €6,469 | ▼ 13.8% |
| Profit (loss) for the period before taxes9903 | €62,598 | €64,767 | €61,605 | €109,124 | €96,359 | ▼ 11.7% |
| Income taxes67/77 | €18,010 | €18,969 | €17,844 | €31,776 | €27,518 | ▼ 13.4% |
| Profit (loss) for the period9904 | €44,588 | €45,798 | €43,760 | €77,348 | €68,841 | ▼ 11.0% |
| Profit (loss) for the period to be appropriated9905 | €44,588 | €45,798 | €43,760 | €77,348 | €68,841 | ▼ 11.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €199,933 | €684,814 | €730,822 | €774,737 | €777,996 | ▲ 0.4% |
| Fixed assets21/28 | €4,214 | €471,870 | €518,338 | €493,138 | €468,756 | ▼ 4.9% |
| Tangible fixed assets22/27 | €4,214 | €471,870 | €518,338 | €493,138 | €468,756 | ▼ 4.9% |
| Land and buildings22 | - | €469,256 | €458,307 | €447,358 | €436,409 | ▼ 2.4% |
| Furniture and vehicles24 | - | €2,614 | €60,031 | €45,780 | €32,347 | ▼ 29.3% |
| Current assets29/58 | €195,718 | €212,944 | €212,483 | €281,599 | €309,240 | ▲ 9.8% |
| Amounts receivable within one year40/41 | €149,303 | €191,763 | €205,724 | €273,837 | €96,750 | ▼ 64.7% |
| Trade receivables40 | - | €1,000 | - | - | €55,132 | - |
| Other amounts receivable41 | - | €190,763 | €205,724 | €273,837 | €41,619 | ▼ 84.8% |
| Cash at bank and in hand54/58 | €45,729 | €20,998 | €4,162 | €6,056 | €211,279 | ▲ 3,389% |
| Deferred charges and accrued income490/1 | - | €183 | €2,597 | €1,706 | €1,210 | ▼ 29.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €199,933 | €684,814 | €730,822 | €774,737 | €777,996 | ▲ 0.4% |
| Equity10/15 | €175,700 | €196,498 | €229,758 | €266,106 | €309,947 | ▲ 16.5% |
| Contributions10/11 | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €147,360 | €168,110 | €201,310 | €237,310 | €281,110 | ▲ 18.5% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | €166,250 | €199,450 | €237,310 | €281,110 | ▲ 18.5% |
| Profit (loss) carried forward14 | €15,940 | €15,988 | €16,048 | €16,396 | €16,437 | ▲ 0.3% |
| Amounts payable17/49 | €24,233 | €488,317 | €501,064 | €508,631 | €468,049 | ▼ 8.0% |
| Amounts payable after more than one year17 | - | €433,049 | €447,195 | €413,887 | €380,068 | ▼ 8.2% |
| Financial debts170/4 | - | €433,049 | €447,195 | €413,887 | €380,068 | ▼ 8.2% |
| Amounts payable within one year42/48 | €24,233 | €55,268 | €53,869 | €94,744 | €87,579 | ▼ 7.6% |
| Current portion of amounts payable after more than one year42 | - | €25,034 | €37,843 | €38,379 | €39,641 | ▲ 3.3% |
| Trade debts44 | €5,251 | €5,234 | €5,526 | €5,412 | €10,427 | ▲ 92.7% |
| Suppliers440/4 | - | €5,234 | €5,526 | €5,412 | €10,427 | ▲ 92.7% |
| Taxes, remuneration and social security45 | - | - | - | €8,776 | €11,294 | ▲ 28.7% |
| Taxes450/3 | - | - | - | €8,776 | €11,294 | ▲ 28.7% |
| Other amounts payable47/48 | - | €25,000 | €10,500 | €42,177 | €26,216 | ▼ 37.8% |
| Accrued charges and deferred income492/3 | - | - | - | - | €402 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,588 | €45,798 | €43,760 | €77,348 | €68,841 | ▼ 11.0% |
| + Depreciation and write-downs630 | €1,881 | €4,630 | €16,450 | €25,200 | €24,382 | ▼ 3.2% |
| Operating cash flow (approximation) | €46,469 | €50,428 | €60,210 | €102,548 | €93,223 | ▼ 9.1% |
| Investment in fixed assets (approximation) | - | -€472,286 | -€62,918 | €0 | €0 | - |
| Change in cash | - | -€24,731 | -€16,836 | €1,894 | €205,223 | ▲ 10,736% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002A0355/00W002 | Flanders | 977 m² | 1 · 219 m² | 11.9 m · 2 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
What can you do?
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Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.