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iTER Solutions

Active Public limited companyfounded 2010active for 16 yearsRue du Tronquoy, ZI, Nov. 24, 5380 FernelmontKBO/BCE: BE 0829.554.589 subsidiary of #2 company by staff growth in Fernelmont
Part of the group 4 companies

Lifetime

15 annual accounts with figures on one time axis
peak €2.1m (2025)
€2.1m▲ 22.4%
lowest -€132,938 (2014)
-€84,154▼ €156,723
peak €288,304 (2024)
€204,150▼ 29.2%
€1.2m▲ 40.7%
peak 19 FTE (2024)
17.6 FTE▼ 7.4%
Board9 names since 2016
4 directors and 3 others
Owners
100%
Documentsfilings and deeds
17-06-202644 days before the deadline
2025abbreviated format
Turnover from €1.7m to €2.1mGross margin from €1.1m to €1.4mLoss of €84,154Equity from €288,304 to €204,150Debts from €826,278 to €1.2mInvestments €267,886

Key points

from the 2025 annual accounts

Result

-€84,154 -€84,154
€72,6002024-€84,2002025

From profit to loss in 2025, after a profit of €72,570 in 2024.

Debts

€1.2m 85% of the balance sheet
Financial debts 40%Suppliers 28%Taxes and wages 13%Other 18%

€462,283 of the debts are secured on the company's own assets. In 2021 that was €67,878.

Investments

€269,484 2.0 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Payment terms

144 days to suppliers
Suppliers
77 to 144
Customers
86 to 98

iTER Solutions pays its suppliers 67 days later than in 2024. Customers pay 12 days later.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

The last five annual accounts were filed 44 to 70 days before the end of the period.

Position in the sector

-€84,154

Lower net result than 92% of companies in architecture and engineering. Sector median €33,316 · 2,497 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,424 companies had the same profile as iTER Solutions has now. Each dot stands for 4 companies, two years later.

96.5%
were still trading
2.2%
stopped another way
1.0%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 10 to 30%
  • a small loss

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,424 companies, not a prediction for iTER Solutions. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Chair
Director, since 01-02-2023
Director, , since 07-11-2023
Director
  • 100%score equity €6.4m (2025) · 2025 annual accounts of
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0829554589
Capital increase of €100,000 to €477,000 Capital from €377,000 to €477,000, 1,000 new shares · Contribution: · Gazette deed
4 directors reappointed , , and · Permanent representative: · “L'acquisition de participations,sous quelque forme que ce soit,dans toutes sortes de personnes morales et…” (deed in French) · Gazette deed
1 director appointed, 1 resignation Appointment: · Permanent representative: · Resignation: · General meeting of 11-05-2023 · Gazette deed
All 34 events

Comparable companies

same main activity, similar in size and age
Company
iTER Solutions Fernelmont €1.4m €1.4m 14.9% 17.6
AUTONOME SECURITY CONTROLE Geetbets €1.1m €1.6m 54.5% 16.6
BELOR Jodoigne €1.7m €1.5m 73.5% 15.4
ARIZO Antwerp €0.9m €1.8m 66.6% 19.5
KTN Belgium Wijnegem €1.5m €1.8m 45.5% 18.5
DELEX Kalmthout €1.8m €1.5m 49.3% 14
Quality Inspection Services Antwerp €1.8m €1.8m 37.5% 20.3

These companies have the same main activity as iTER Solutions: other technical testing and analysis (NACE 71209). They are comparable in size and age: total assets between €941,000 and €1.8m, founded between 2007 and 2015.

Official details

Source: KBO
Status
Active since 24-09-2010Normal situation
Activity
Other technical testing and analysisNACE 71209
Joint committees
116Chemical industry
207White-collar workers in the chemical industry · annual accounts 2025
Establishment unit
2.205.163.8515380 Fernelmont, since 18-11-2011
Financial year end
31 December
Peppol
Reachable since 03-12-2025
Company details

Annual accounts 2025

€1.4m▲ 22.6%
Employeeson 31-12-2025
20▲ 5.3%
Filing
Filed on 17-06-2026, 44 days before the end of the filing period
Financials

Insights on iTER Solutions

iTER Solutions has existed since 2010. In 2017 turnover rose from €281,896 to €641,081 and staff from 2.1 to 5 full-time equivalents. The accounts now follow the micro format, last year the full format.

Turnover has grown every year since 2020. Solvency fell in 2025 from 25.9% to 14.9% because of the loss and higher debts to suppliers.

holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about iTER Solutions

What is the company number of iTER Solutions?
The company number of iTER Solutions is 0829.554.589. The VAT number is the same number with BE in front: BE 0829.554.589.
Where is iTER Solutions based?
The registered office is at Rue du Tronquoy, ZI, Nov. 24, 5380 Fernelmont.Company details
What does iTER Solutions do?
According to the KBO register, the main activity is other technical testing and analysis (NACE 71209).
What is the legal form of iTER Solutions?
iTER Solutions is a public limited company (NV).
When was iTER Solutions founded?
iTER Solutions was founded on 24-09-2010.
Is iTER Solutions still active?
Yes, iTER Solutions is an active enterprise in the KBO register.
How many employees does iTER Solutions have?
iTER Solutions had an average of 17.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does iTER Solutions fall under?
In its 2025 annual accounts, iTER Solutions states joint committees 116 (Chemical industry) and 207 (White-collar workers in the chemical industry).
What is the turnover of iTER Solutions?
The turnover of iTER Solutions was €2.1m in financial year 2025, according to the filed annual accounts.
Is iTER Solutions profitable?
In financial year 2025, iTER Solutions made a loss of €84,154.
Where can I find the annual accounts of iTER Solutions?
iTER Solutions filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of iTER Solutions due?
iTER Solutions must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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