Equity
€59,404 ▲ 205%
ITERATE has made a profit in every financial year since 2017.
ITERATE
Lifetime
9 annual accounts with figures on one time axispeak €80,029 (2023)
€73,172▲ 5.5%
peak €56,128 (2023)
€39,951▼ 12.6%
peak €70,536 (2019)
€59,404▲ 205%
€24,064▼ 71.2%
Board2 names since 2016
2 directors and 1 other
Documentsfilings and deeds
31-08-202631 days late
2025micro format
Registered office moved from Antwerp to Berchem 07-07Equity from €19,453 to €59,404Debts from €83,608 to €24,064Cash from €50,406 to €19,991
Key points
from the 2025 annual accountsTurnover
≈ €140,000 estimated
The micro format states no turnover.
Liquidity
2.61 was 0.97 in 2024
Short-term debts fell from €69,932 to €19,410.
2025 accounts filed 31 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 34,691 companies had the same profile as ITERATE has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
Test of the method
The method was tested on the 497,331 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.
| 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 34,691 companies, not a prediction for ITERATE. 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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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered office moved from Antwerp to Berchem
New registered office: Mimosastraat 16, 2600 Berchem · Previous registered office: Jozef Stormsstraat 12, 2660 Antwerpen · General meeting of 01-05-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0655847781
Reappointment: (director)
General meeting of 14-10-2021 · Gazette deed
Registered office moved from Balen to Hoboken
New registered office: Jozef Stormsstraat 12, 2660 Hoboken · Previous registered office: Hamsehoeven 42, 2491 Balen · General meeting of 04-07-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ITERATE Antwerp | €83,468 | €73,172 | 71.2% | - |
| SEROTONINE Antwerp | €86,032 | €73,998 | 3.0% | - |
| KEGO CONSULTING Hulshout | €86,131 | €69,911 | 62.1% | - |
| EVENT HORIZON CONSULTING Mechelen | €80,170 | €69,633 | 25.5% | - |
| Pieter Verberck Antwerp | €86,900 | €69,717 | 23.5% | - |
| Nomada Antwerp | €83,133 | €69,389 | 25.1% | - |
| SC Software Bonheiden | €91,417 | €77,793 | 86.4% | - |
These companies have the same main activity as ITERATE: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €80,200 and €91,400, founded between 2016 and 2017.
Official details
Source: KBO- Status
- Active since 02-06-2016Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.254.288.3142600 Antwerp, since 02-06-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 11-01-2025
Insights on ITERATE
ITERATE files the micro format. That format states no turnover. The gross margin rose from €23,644 in 2017 to €73,172 in 2025.
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 ITERATE
- What is the company number of ITERATE?
- The company number of ITERATE is 0655.847.781. The VAT number is the same number with BE in front: BE 0655.847.781.
- Where is ITERATE based?
- The registered office is at Mimosastraat 16, 2600 Antwerp.Company details
- What does ITERATE do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of ITERATE?
- ITERATE is a private limited company (BV).
- When was ITERATE founded?
- ITERATE was founded on 02-06-2016.
- Is ITERATE still active?
- Yes, ITERATE is an active enterprise in the KBO register.
- How many employees does ITERATE have?
- ITERATE had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ITERATE fall under?
- In its 2025 annual accounts, ITERATE states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of ITERATE?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €73,172 and 60 comparable companies (NACE 62200). It probably lies between €130,000 and €180,000.
- Is ITERATE profitable?
- In financial year 2025, ITERATE made a profit of €39,951.
- Where can I find the annual accounts of ITERATE?
- ITERATE filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ITERATE due?
- ITERATE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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