ITERAR
ActiveSummary
ITERAR has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €277,686 and a net result of €128,602. Equity is growing by ~83.8% per year across the filed fiscal years. Its solvency ranks better than 71% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+4
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24,000 at 30 days acceptable
Liquidity ample (current ratio 4.21 against 3.49 in 2023; short-term debt: 23.7% and cash: 32.4% of total assets), and 23.8% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
76.2%
Return on assets
35.3%
Age of the figures
21 mo
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 17-04-2025, 105 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
105 d early
2023
33 d early
2022
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 56 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€277,686▲ 86.3%
2023 · €149,084
Total assets
€364,483▲ 74.2%
2023 · €209,269
Net result
€128,602▲ 6.1%
2023 · €121,178
Working capital
€277,360▲ 86.7%
2023 · €148,542
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Operating result€35,426-€159,323▲ 350%€164,632▲ 3.3%
Net result€27,806within the sector's middle half-€121,178above the sector's middle half▲ 336%€128,602above the sector's middle half▲ 6.1%
Equity€27,906within the sector's middle half-€149,084within the sector's middle half▲ 434%€277,686above the sector's middle half▲ 86.3%
Total assets€56,854below the sector's middle half-€209,269within the sector's middle half▲ 268%€364,483within the sector's middle half▲ 74.2%
Debt€28,948-€60,185▲ 108%€86,797▲ 44.2%
Working capital€27,906within the sector's middle half-€148,542above the sector's middle half▲ 432%€277,360above the sector's middle half▲ 86.7%
Solvency49.1%within the sector's middle half-71.2%within the sector's middle half▲ 22.2pp76.2%within the sector's middle half▲ 4.9pp
Current ratio1.96within the sector's middle half-3.49within the sector's middle half▲ 1.534.21within the sector's middle half▲ 0.72
Return on assets (ROA)48.9%above the sector's middle half-57.9%above the sector's middle half▲ 9.0pp35.3%above the sector's middle half▼ 22.6pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 3% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €364,483
Fixed assets
€746 ▼ 32.3%
Current assets
€363,737 ▲ 74.7%
Equity and liabilities €364,483
Equity
€277,686 ▲ 86.3%
Debt
€86,797 ▲ 44.2%
Debt's share of the balance-sheet total falls from 28.8% to 23.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€164,988▲
2023 · €159,340
Cash flow
€128,958▲
2023 · €121,195
Debt to equity
0.31▼
2023 · 0.40
ROE
46.3%▼
2023 · 81.3%
Interest coverage
177.87▲
2023 · 151.65
Debt ≤ 1 year
€86,378▲
2023 · €59,624
Income taxes
€38,363▲
2023 · €37,095
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% | 1.7% |
| 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 75% 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 39,276 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.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €17 | €356 | ▲ 2,047% |
| Other operating charges640/8 | €1,143 | €4,108 | €4,952 | ▲ 20.5% |
| Gross operating margin9900 | €36,569 | €163,448 | €169,940 | ▲ 4.0% |
| Operating profit (loss)9901 | €35,426 | €159,323 | €164,632 | ▲ 3.3% |
| Financial income75/76B | - | - | €3,261 | - |
| Recurring financial income75 | - | - | €3,261 | - |
| Financial charges65/66B | €163 | €1,051 | €928 | ▼ 11.7% |
| Recurring financial charges65 | €163 | €1,051 | €928 | ▼ 11.7% |
| Profit (loss) for the period before taxes9903 | €35,263 | €158,273 | €166,965 | ▲ 5.5% |
| Income taxes67/77 | €7,457 | €37,095 | €38,363 | ▲ 3.4% |
| Profit (loss) for the period9904 | €27,806 | €121,178 | €128,602 | ▲ 6.1% |
| Profit (loss) for the period to be appropriated9905 | €27,806 | €121,178 | €128,602 | ▲ 6.1% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €56,854 | €209,269 | €364,483 | ▲ 74.2% |
| Fixed assets21/28 | - | €1,102 | €746 | ▼ 32.3% |
| Tangible fixed assets22/27 | - | €1,052 | €696 | ▼ 33.9% |
| Plant, machinery and equipment23 | - | €1,052 | €696 | ▼ 33.9% |
| Financial fixed assets28 | - | €50 | €50 | = |
| Current assets29/58 | €56,854 | €208,166 | €363,737 | ▲ 74.7% |
| Amounts receivable within one year40/41 | €13,738 | €49,589 | €134,085 | ▲ 170% |
| Trade receivables40 | €13,738 | €49,447 | €52,476 | ▲ 6.1% |
| Other amounts receivable41 | - | €142 | €81,608 | ▲ 57,533% |
| Current investments50/53 | - | - | €110,000 | - |
| Cash at bank and in hand54/58 | €43,116 | €157,860 | €118,031 | ▼ 25.2% |
| Deferred charges and accrued income490/1 | - | €717 | €1,622 | ▲ 126% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €56,854 | €209,269 | €364,483 | ▲ 74.2% |
| Equity10/15 | €27,906 | €149,084 | €277,686 | ▲ 86.3% |
| Contributions10/11 | €100 | €100 | €100 | = |
| Reserves13 | €27,806 | €148,984 | €277,586 | ▲ 86.3% |
| Distributable reserves133 | €27,806 | €148,984 | €277,586 | ▲ 86.3% |
| Amounts payable17/49 | €28,948 | €60,185 | €86,797 | ▲ 44.2% |
| Amounts payable within one year42/48 | €28,948 | €59,624 | €86,378 | ▲ 44.9% |
| Financial debts43 | €17 | €0 | €12 | - |
| Credit institutions430/8 | €17 | €0 | €12 | - |
| Trade debts44 | €1,535 | €154 | €1,976 | ▲ 1,185% |
| Suppliers440/4 | €1,535 | €154 | €1,976 | ▲ 1,185% |
| Taxes, remuneration and social security45 | €16,545 | €50,666 | €84,390 | ▲ 66.6% |
| Taxes450/3 | €16,545 | €50,666 | €83,099 | ▲ 64.0% |
| Remuneration and social security454/9 | - | - | €1,291 | - |
| Other amounts payable47/48 | €10,852 | €8,804 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €560 | €420 | ▼ 25.0% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €27,806 | €121,178 | €128,602 | ▲ 6.1% |
| + Depreciation and write-downs630 | - | €17 | €356 | ▲ 2,047% |
| Operating cash flow (approximation) | €27,806 | €121,195 | €128,958 | ▲ 6.4% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | €114,744 | -€39,829 | ▼ 135% |
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
2025
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €128,602 ▲6.1%
Operating result €164,632, net result €128,602, both a record.
31-12
Financial
Equity above €200,000Eq €277,686 ▲86.3%
3 profitable years in a row build equity to €277,686.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €149,084 ▲434%
2 profitable years in a row build equity to €149,084.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nazareth-De Pinte · 1 establishment unit since 2022
Ground area
1,705 m²
Building footprint
165 m²
Volume, LiDAR
787 m³
Parcel 44079B0706/00P000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ITERAR
since 20222.333.591.950
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44079B0706/00P000 | Flanders | 1,705 m² | 1 · 165 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VADO Construct
BE 0684.980.841
Oud-Turnhout · Eq €277,683
TENN
BE 0792.700.232
Deinze · Eq €277,697
Axcelsio
BE 0774.389.305
Merelbeke-Melle · Eq €277,702
LolaLa
BE 0823.150.314
Lubbeek · Eq €277,732
BEKAERT JOHAN
BE 0465.686.409
Schoten · Eq €277,747
Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 38,538 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0788815480
Also
9925:BE0788815480
Registered
20-03-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.