ITERATIVE
ActiveFrom the official registers: KBO 8 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
ITERATIVE has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€54,653) and a net result of -€7,622. Equity is shrinking by about 52% per year across the filed financial years. Its solvency ranks better than 5% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
KBO- Status
- Active since 29-06-2017 Normal situation
- Legal form
- Private limited company (pre-2019)
- Registered office
- Rue Palau 27, 1420 Braine-l'Alleud
- Activity
- Computer consultancy and computer facilities management NACE 62200and 2 others
- Establishment unit
- 2.267.120.919 1420 Braine-l'Alleud, since 29-06-2017
- Financial year end
- 30 September
- Peppol
- Reachable since 16-12-2025
Who decides
Board
- de Menten de Horne MichaelDirector · since 28-06-2017
- Holdings
- Shares in 1 company MC ARNOLDS GROUP
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts to 30-09-2025
- Gross margin
- -€1,200
- ▲ 60.7%
- Loss
- €7,622
- ▼ 23.4%
- Equity
- -€54,653
- ▼ 16.2%
- Total assets
- €3,012
- ▼ 72.1%
Turnover not published (micro format)2025 accounts 27 days early
Filed on 03-04-2026PDF
Why 53raises riskCapped at 59: negative equityNegative equity -€54,653Loss of €7,622, the second in a row (financial year 2025)lowers riskSize: total assets €3,012Sector: Computer programming, consultancy and related activities (NACE 62)Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 14% of its sector peers (NACE 62, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Weak
Solvency
0=
equity -1814.7% of total assets
Liquidity
47+30
short-term debt 1913.9% · cash 37.9%
Profitability
0=
return on assets -253.1%
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025highest value
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.4%● unchanged vs 05-2025
07-2025: 0.4%● unchanged vs 06-2025
08-2025: 0.4%● unchanged vs 07-2025
09-2025: 0.4%● unchanged vs 08-2025
10-2025: 0.4%● unchanged vs 09-2025
11-2025: 0.4%● unchanged vs 10-2025
12-2025: 0.4%● unchanged vs 11-2025
01-2026: 0.4%● unchanged vs 12-2025
02-2026: 0.3%▼ -0.1 percentage points vs 01-2026
03-2026: 0.3%● unchanged vs 02-2026
04-2026: 0.4%▲ +0.1 percentage points vs 03-2026
05-2026: 0.3%▼ -0.1 percentage points vs 04-2026lowest value
06-2026: 0.3%● unchanged vs 05-2026lowest value
07-2026: 0.3%● unchanged vs 06-2026lowest value
08-2026: 0.3%● unchanged vs 07-2026lowest value
09-2026: 0.3%● unchanged vs 08-2026lowest value
10-2026: 0.3%● unchanged vs 09-2026lowest value
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 3% on solvency, 22% on liquidity, 5% on profitability and 27% on growth.
The bankruptcy probability was computed on 31-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€54,653
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 03-04-2026, 27 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
27 days early
2024
on the day
2023
23 days late
2022
16 days late
2021
16 days late
2020
41 days late
2019
27 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 14 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 16 May (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end01-11-2026 today30-04-2027 deadline
Key points
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 03-04-2026
- Annual accounts 2024filed on 30-04-2025
- Annual accounts 2023filed on 23-05-2024
- Annual accounts 2022filed on 16-05-2023
Acts in the Belgian Official Gazette
- General meeting · Share transferact of 02-06-2022
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about ITERATIVE
- What is the company number of ITERATIVE?
- 0677.731.179. In Belgium the VAT number is the company number with BE in front: BE 0677.731.179.
- Where is ITERATIVE based?
- The registered office is at Rue Palau 27, 1420 Braine-l'Alleud.Company details
- What does ITERATIVE do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of ITERATIVE?
- Private limited company (pre-2019) (BVBA).
- When was ITERATIVE founded?
- On 29-06-2017.
- Is ITERATIVE still active?
- Yes, ITERATIVE is an active enterprise in the KBO register.
- What is the turnover of ITERATIVE?
- The annual accounts for financial year 2025 state no turnover: the micro format does not require it.Financials
- Is ITERATIVE profitable?
- In financial year 2025, ITERATIVE made a loss of €7,622.
- Where can I find the annual accounts of ITERATIVE?
- ITERATIVE filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
- When are the next annual accounts of ITERATIVE due?
- By 30-04-2027, for financial year 2026.Timeline
Companies related to ITERATIVE
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