Turnover
≈ €170,000 estimated
The micro format states no turnover.
Iterations & Transformations
Overview
Lifetime
1 annual account with figurespeak €81,928 (2025)
€81,928
peak €62,336 (2025)
€62,336
peak €67,336 (2025)
€67,336
€58,394
Board1 name since 2025
1 directorOLISLAGERS, Tom Nico
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Incorporation 04-061 establishment registeredFirst year with figures
Key points
from the 2025 annual accountsStarting capital
€5,000 100 shares
Checked score
96
Excellent
Financially stronger than 68% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
07-2026: 0.4%highest value
08-2026: < 0.1%▼ -0.4 percentage points vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Liquidity: current ratio 1.72, cash €67,463
Size: total assets €125,730
Equity €67,336 (53.6% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 49% of them on solvency, 69% on liquidity and 84% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as Iterations & Transformations has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Iterations & Transformations itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 11,279 companies, not a prediction for Iterations & Transformations. 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
Credit of up to €6,000 on 30-day terms, only on tighter conditions: young company (under 3 years) without a track record
Liquidity is ample, with a current ratio of 1.72, above the usual 1.5. Short-term debt is 46.3% and cash 53.7% of total assets. 46.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Young company
Founded in 2025, a year ago. Young companies fail more often than established ones; the risk is highest 2 to 8 years after founding.
KBO · incorporation dateAge against the risk zone
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 filingDeviation from the deadline
2025
30 days early
← before the deadline
after the deadline →
Searched, nothing found (1)
Board and ownership
- OLISLAGERS, Tom Nico 50 sharesdeed of 04-06-2025
- ROBBEN, Liesje 50 sharesdeed of 04-06-2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1023909234
Incorporation
Founding capital of €5,000, 100 shares · Founders: OLISLAGERS, Tom Nico; ROBBEN, Liesje · Appointment: OLISLAGERS, Tom Nico (statutory director) · published on 04-06-2025 · Gazette deed
First establishment
Henegauwlaan 19, Hasselt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Iterations & Transformations Hasselt | €125,730 | €81,928 | 53.6% | - |
| TRIE Management Hamont-Achel | €124,514 | €88,872 | 53.8% | - |
| TYTAR Zonhoven | €115,359 | €88,569 | 58.9% | - |
| NAUD Lommel | €137,434 | €81,896 | 49.8% | - |
| Future-D Capital Bilzen-Hoeselt | €109,408 | €82,174 | 57.2% | - |
| FV and JM ASSOCIATES Ittre | €124,635 | €77,399 | 50.2% | - |
| AREX ADVISORY Grimbergen | €130,025 | €86,545 | 78.0% | - |
These companies have the same main activity as Iterations & Transformations: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €109,000 and €137,000, founded in 2025.
Official details
Source: KBO- Status
- Active since 02-06-2025Normal situation
- Activity
- Business and other management consultancyNACE 70200and 2 others
- Establishment unit
- 2.374.798.1443500 Hasselt, since 02-06-2025
- Financial year end
- 31 December
- Peppol
- Reachable since 18-06-2025
Annual accounts 2025
- €81,928
- €62,336
- €67,336
- €125,730
- Filing
- Filed on 01-07-2026, 30 days before the end of the filing period
Insights on Iterations & Transformations
Iterations & Transformations has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €67,336 and a net result of €62,336.
Its solvency ranks better than 48% of 39,364 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2025
micro format, filed on 01-07-2026, 30 days before the deadline€81,928
€78,261
€62,336
€42,047
53.6%
1.72
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €170,000. Estimated: probably between €130,000 and €210,000.
Balance sheet
balance sheet total €125,730 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
53.6%
Higher than 48% of 39,364 companies in 2025.
1.72
Higher than 44% of 38,048 companies in 2025.
49.6%
Higher than 86% of 38,520 companies in 2025.
Iterations & Transformations
Middle half of the sector
80% of the sector
Micro accounts in head offices and management consultancy (NACE 70)
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
125,730 | |
21/28 |
25,467 | |
22/27 |
24,967 | |
23 |
4,296 | |
24 |
20,671 | |
28 |
500 | |
29/58 |
100,263 | |
40/41 |
31,004 | |
40 |
30,800 | |
41 |
204 | |
50/53 |
1,000 | |
54/58 |
67,463 | |
490/1 |
797 | |
| Balance sheet: equity and liabilities | ||
10/49 |
125,730 | |
10/15 |
67,336 | |
10/11 |
5,000 | |
13 |
62,336 | |
133 |
62,336 | |
17/49 |
58,394 | |
42/48 |
58,216 | |
44 |
5,392 | |
440/4 |
5,392 | |
45 |
15,924 | |
450/3 |
15,924 | |
47/48 |
36,901 | |
492/3 |
178 | |
| Income statement | ||
9900 |
81,928 | |
630 |
2,999 | |
640/8 |
668 | |
9901 |
78,261 | |
75/76B |
70 | |
75 |
70 | |
65/66B |
72 | |
65 |
72 | |
9903 |
78,259 | |
67/77 |
15,924 | |
9904 |
62,336 | |
9905 |
62,336 | |
| Appropriation of the result | ||
9906 |
62,336 | |
691/2 |
62,336 | |
6921 |
62,336 | |
| Document | ||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 01-07-2026 | 2026-00252917 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 81,260 | ||
| 65,335 | ||
| 28,466 | ||
| 42,047 | ||
| 53.6% | ||
| 1.72 | ||
| 0.87 | ||
| 92.6% | ||
| 49.6% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €27,966 |
| Financial fixed assets | €500 |
| €2,999 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Iterations & Transformations
Debt's share of the balance-sheet total is 46.4%.
Board & ownership
Board
1 director, since incorporationStatutory director
since 02-06-2025
term without a fixed end
listed in the 2025 annual accounts, filed on 01-07-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “Artikel 13. Vertegenwoordigingsbevoegdheid Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als…”deed of 04-06-2025
Mandates through the years
1 name, the dashed line is todayOLISLAGERS, Tom Nico
Statutory director
Statutory director
Board
Mandates as a list
- OLISLAGERS, Tom Nico
- Statutory director, from 02-06-2025 to date
Control
Founders
OLISLAGERS, Tom Nico, ROBBEN, Liesje
This company
Iterations & Transformations
Equity €67,336
Profit €62,336 in 2025
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €673 in 2025
- Source
- deed of 04-06-2025
Articles of association
deed of 04-06-2025 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- “Aandelen moeten bij hun uitgifte worden volgestort, In geval van een enige aandeelhouder-bestuurder, bepaalt deze laatste vrij, naargelang…”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 20:00
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Shareholders
At incorporation
deed of 04-06-2025 ↗
- OLISLAGERS, Tom Nico 50 shares (50%) · €2,500 in cash
- ROBBEN, Liesje 50 shares (50%) · €2,500 in cash
Network & group
No group
Iterations & Transformations has no parent and no holdings in its annual accounts. OLISLAGERS, Tom Nico is the only director. Iterations & Transformations shares no director with another company.
The LEI register names no parent.
Timeline
Timeline
4 events since 2025Filings
Establishments
20252026
2026
Annual accounts 2025 filed NBBmicro format · 30 days before the deadline
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1023909234
IncorporationFounding capital of €5,000, 100 shares · Founders: OLISLAGERS, Tom Nico; ROBBEN, Liesje · Appointment: OLISLAGERS, Tom Nico (statutory director) · published on 04-06-20256 points ▸
- Founder, OLISLAGERS, Tom Nico
- Founder, ROBBEN, Liesje
- Founding capital, €5,000, 100 shares
- Director appointment, OLISLAGERS, Tom Nico (statutory director), mentioned twice in the deed
- Registered office clause, Henegauwlaan 19, 3500 Hasselt
- Board rule, 1
- The deed holds 4 more points.
First establishment Henegauwlaan 19, Hasselt
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1023.909.234
- VAT number
- BE 1023.909.234
- Peppol ID
- 0208:1023909234
- LEI code
- 699400Y19SELVPMVQZ52 live in the LEI register
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 02-06-2025
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 20:00deed of 04-06-2025 (in Dutch)
- Peppol
- Reachable since 18-06-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Iterations & Transformations in Dutch
- Trade name
- Transformatrons in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 04-06-2025 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 04-06-2025 (in Dutch)
Activities
NACEBEL 202570200
Business and other management consultancy main activity
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het verstrekken van advies- en begeleidingsdiensten, opleidingen, coaching en consultancy aan ondernemingen, instellingen en particulieren…”deed of 04-06-2025 (in Dutch)
18 activities
- Het verstrekken van advies- en begeleidingsdiensten, opleidingen, coaching en consultancy aan ondernemingen, instellingen en particulieren in diverse domeinen, waaronder maar niet beperkt tot: ICT-strategie, technologie, bedrijfsbeheer, financiën, supply chain management, personeelsbeleid, communicatie, digitale transformatie, onderwijs, project- en programmamanagement, en werving & selectie coaching en consultancy aan ondernemingen, instellingen en particulieren, inclusief het bijwonen van opleidingen, seminaries, congressen of andere evenementen met het oog op kennisdeling, netwerking of maatschappelijke impact.
- De vennootschap kan eveneens bestuursmandaten uitoefenen of zich laten benoemen als externe bestuurder, vereffenaar of bewindvoerder.
- Het ontwerpen, ontwikkelen, produceren, aankopen, verkopen, (ver)huren, installeren, onderhouden, exploiteren en commercialiseren van fysieke en digitale producten en diensten, waaronder software, hardware, Cloud toepassingen, gaming producten, entertainmenttoepassingen, arcadekasten, IT-gerelateerde goederen en digitale content.
- Inclusief alle groothandels-, detailhandels-, import-, export-, distributie-, e-commerce- en wederverkoopactiviteiten, alsook marketingdiensten, influenceractiviteiten, contentcreatie en het organiseren en coördineren van evenementen in eigen naam of voor derden, in de ruimste zin van het woord, met inbegrip van alle logistieke, promotionele en operationele aspecten.
- Het verwerven, vervreemden, beheren, verkavelen, bouwen, verbouwen, verhuren en exploiteren van onroerende goederen, zowel bebouwd als onbebouwd, en van zakelijke rechten daarop.
- Dit omvat zowel lange als korte termijn verhuur van gemeubelde of ongemeubelde panden, inclusief toeristische verhuur en logiesverstrekking via digitale platformen zoals Airbnb, Booking.com of gelijkaardige systemen.
- Inclusief onderhoud, schoonmaak, tuinwerken, syndicusdiensten, technische interventies en klantenonthaal.
- De vennootschap kan optreden als ontwikkelaar van vastgoedprojecten, accommodatie en evenementenruimtes.
- Het beleggen in, beheren en verhandelen van roerende en onroerende activa, waaronder aandelen, obligaties, fondsen, certificaten, vorderingen en andere financiële instrumenten.
- De vennootschap kan optreden als holding, patrimoniumvennootschap of beheermaatschappij.
- Zij kan deelnemingen verwerven in andere vennootschappen, leningen of kredieten toestaan, zekerheden stellen en participeren in fusies of andere vormen van samenwerking.
- Het creëren, beheren, verwerven, exploiteren, licentiëren en vervreemden van intellectuele eigendomsrechten, zoals software, hardware, broncode, algoritmes, auteursrechten, merken, octrooien, boeken, ontwerpen en andere creatieve of technologische producten.
- Inclusief onderzoek, ontwikkeling en het aanbieden van gepersonaliseerde oplossingen of licenties aan derden.
- Adviesverlening, opleiding en managementdiensten
- Ontwikkeling, commercialisatie en verkoop van goederen en diensten
- Onroerend goed en projectontwikkeling
- Vermogensbeheer en investeringsactiviteiten
- Intellectuele eigendom, creatie en valorisatie
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Henegauwlaan 19 registered office 3500 Hasselt | 02-06-2025 | 2.374.798.144 |
Buildings and parcels at the address
- Ground area
- 2,078 m²
- Buildings
- 173 m²
- Volume, LiDAR
- 918 m³
- Tallest building
- 11.6 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 71324E0709/00G009 | 2,078 m² | 1 · 173 m² | 11.6 m · 2 |