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ITERION

Active
Private limited companyfounded 20188 yrs activeJasmisse 16, 2570 Duffel, BelgiumKBO/BCE: BE 0695.533.154

ITERION has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €95k and a net result of €74k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 57% of 20787 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
100 / 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 12.75 against 5.81 in 2023), and 31.2% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 8 years 0 10 y
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 26-07-2025, 5 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not confirmed
2024
5 d early
2023
10 d early
2022
4 d early
2021
8 d early
2020
33 d early
2019
33 d early
← before the deadline after the deadline →
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 2024, micro schema

Equity
€95k▲ 35.4%
2023 · €70k
2018: €25k 2019: €58k 2020: €104k 2021: €20k 2022: €20k 2023: €70k
2018 → 2024
Total assets
€138k▲ 65.3%
2023 · €84k
2018: €52k 2019: €89k 2020: €142k 2021: €95k 2022: €81k 2023: €84k
2018 → 2024
Net result
€74k▲ 48.3%
2023 · €50k
2018: €23k 2019: €35k 2020: €34k 2021: €42k 2022: €46k 2023: €50k
2018 → 2024
Working capital
€96k▲ 48.8%
2023 · €65k
2018: €28k 2019: €48k 2020: €91k 2021: €11k 2022: €15k 2023: €65k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€104k-€20k▼ 80.4%€20k=€70k▲ 244%€95k▲ 35.4%
Operating result€45k-€55k▲ 22.8%€60k▲ 9.4%€65k▲ 7.6%€94k▲ 45.5%
Net result€34k-€42k▲ 21.8%€46k▲ 9.5%€50k▲ 9.0%€74k▲ 48.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€25k€50k€75k€100kOperating result 2020: €45k€45kNet result 2020: €34k€34kOperating result 2021: €55k€55kNet result 2021: €42k€42kOperating result 2022: €60k€60kNet result 2022: €46k€46kOperating result 2023: €65k€65kNet result 2023: €50k€50kOperating result 2024: €94k€94kNet result 2024: €74k€74k20202021202220232024
The operating result has risen four years in a row; 2024 is 45% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €138k
Fixed assets €34k▲ 499%
Current assets €104k▲ 33.6%
Equity and liabilities €138k
Equity €95k▲ 35.4%
Debt €43k▲ 222%
The debt ratio rises from 16.0% to 31.2%: debt grows faster than equity.
Key figures and ratios
2024 value · change against 2023
EBITDA
€99k
2023 · €68k
Cash flow
€79k
2023 · €53k
Solvency
68.8%
2023 · 84.0%
Current ratio
12.75
2023 · 5.81
Quick ratio
12.75
2023 · 5.81
Debt / equity
0.45
2023 · 0.19
ROE
77.7%
2023 · 70.9%
ROA
53.4%
2023 · 59.6%
Interest coverage
84.20
2023 · 51.12
Debt
€43k
2023 · €13k
Debt ≤ 1 year
€8k
2023 · €13k
Debt > 1 year
€35k
Income taxes
€19k
2023 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€84k€138k
Fixed assets21/28€6k€34k
Tangible fixed assets22/27€6k€34k
Plant, machinery and equipment23€3k€3k
Furniture and vehicles24€2k€31k
Financial fixed assets28€150€150=
Current assets29/58€78k€104k
Amounts receivable within one year40/41€33k€32k
Trade receivables40€31k€30k
Other amounts receivable41€2k€2k
Cash at bank and in hand54/58€42k€69k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€84k€138k
Equity10/15€70k€95k
Contributions10/11€19k€19k=
Reserves13€52k€77k
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€50k€75k
Amounts payable17/49€13k€43k
Amounts payable after more than one year17-€35k
Financial debts170/4-€35k
Amounts payable within one year42/48€13k€8k
Trade debts44€4k€90
Suppliers440/4€4k€90
Taxes, remuneration and social security45€10k€5k
Taxes450/3€10k€5k
Other amounts payable47/48-€3k
Income statement Code20232024
Remuneration, social security and pensions62€719-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k
Other operating charges640/8€20k€658
Gross operating margin9900€89k€100k
Operating profit (loss)9901€65k€94k
Financial income75/76B€18€4
Recurring financial income75€18€4
Financial charges65/66B€1k€1k
Recurring financial charges65€1k€1k
Profit (loss) for the period before taxes9903€63k€93k
Income taxes67/77€14k€19k
Profit (loss) for the period9904€50k€74k
Profit (loss) for the period to be appropriated9905€50k€74k
Appropriation of the result
Profit (loss) to be appropriated9906€50k€74k
Transfer from equity791/2-€49k
Transfer to equity691/2€50k€74k
To other reserves6921€50k€74k
Profit to be distributed694/7-€49k
Return on contributions (dividend)694-€49k

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

2025
26-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Highest result since 2018net €74k ▲48.3%
Operating result €94k, net result €74k, both a record.
31-12
Financial Liquidity doublescurrent ratio 12.75
Current ratio from 5.81 to 12.75; short-term debt falls from €13k to €8k.
21-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Liquidity times 5current ratio 5.81
Current ratio from 1.24 to 5.81; short-term debt falls from €61k to €13k.
27-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
23-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
28-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Equity above €100kEq €104k ▲81%
3 profitable years in a row build equity to €104k.
28-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Duffel · 1 establishment unit since 2018
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Jasmisse 162570 Duffel
Ground area
563 m²
Building footprint
117 m²
Volume, LiDAR
797 m³
Parcel 12302D0517/00D009, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ITERION
Jasmisse 16, 2570 DuffelComputer programming, consultancy and related activities
since 20182.275.506.172
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12302D0517/00D009 Flanders 563 m² 1 · 117 m² 9.2 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.

Similar companies · same sector, comparable size

Of 29,889 companies in sector 62200 we hold annual accounts for 18,318. 15,523 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-04-2018
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.