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Iterations & Transformations

Active
Private limited companyfounded 20251 yr activeHenegauwlaan 19, 3500 Hasselt, BelgiumKBO/BCE: BE 1023.909.234
Summary

Iterations & Transformations has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67k and a net result of €62k. Its solvency ranks better than 48% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
87 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes
Profitability100
Solvency79
Growth-
Track record67
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.72; short-term debt: 46.3% and cash: 53.7% of total assets), and 46.4% of the assets are financed with debt.
Credit check for your own amount and term

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
Sector 70
lower
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
53.6%
Return on assets
49.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
30 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€67k
Total assets
€126k
Net result
€62k
Working capital
€42k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €126k
Fixed assets €25k
Current assets €100k
Equity and liabilities €126k
Equity €67k
Debt €58k
Debt finances 46.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€81k
Cash flow
€65k
Current ratio
1.72
Debt to equity
0.87
ROE
92.6%
ROA
49.6%
Interest coverage
1122.38
Debt ≤ 1 year
€58k
Income taxes
€16k
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€126k
Fixed assets21/28€25k
Tangible fixed assets22/27€25k
Plant, machinery and equipment23€4k
Furniture and vehicles24€21k
Financial fixed assets28€500
Current assets29/58€100k
Amounts receivable within one year40/41€31k
Trade receivables40€31k
Other amounts receivable41€204
Current investments50/53€1k
Cash at bank and in hand54/58€67k
Deferred charges and accrued income490/1€797
Equity and liabilities
Total equity and liabilities10/49€126k
Equity10/15€67k
Contributions10/11€5k
Reserves13€62k
Distributable reserves133€62k
Amounts payable17/49€58k
Amounts payable within one year42/48€58k
Trade debts44€5k
Suppliers440/4€5k
Taxes, remuneration and social security45€16k
Taxes450/3€16k
Other amounts payable47/48€37k
Accrued charges and deferred income492/3€178
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€668
Gross operating margin9900€82k
Operating profit (loss)9901€78k
Financial income75/76B€70
Recurring financial income75€70
Financial charges65/66B€72
Recurring financial charges65€72
Profit (loss) for the period before taxes9903€78k
Income taxes67/77€16k
Profit (loss) for the period9904€62k
Profit (loss) for the period to be appropriated9905€62k
Appropriation of the result
Profit (loss) to be appropriated9906€62k
Transfer to equity691/2€62k
To other reserves6921€62k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
01-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Hasselt · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
2,078 m²
Building footprint
173 m²
Volume, LiDAR
918 m³
Parcel 71324E0709/00G009, Flanders · tallest building 11.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Iterations & Transformations
Henegauwlaan 19, 3500 HasseltBusiness and other management consultancy
since 20252.374.798.144
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71324E0709/00G009 Flanders 2,078 m² 1 · 173 m² 11.6 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Legal Entity Identifier

699400Y19SELVPMVQZ52
live in the LEI register

Similar companies · same sector, comparable size

Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 39,504 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-06-2025
Fiscal year end31-12
Trade name NL Transformatrons
Activities, NACEBEL 2025
70200Business and other management consultancy
68110Buying and selling of own real estate
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.