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IORTEK

Active
Private limited companyfounded 2009active for 17 yearsLouizalaan 143, 1050 Brussel, BelgiumKBO/BCE: BE 0812.247.910
Summary

IORTEK has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.1m and a net result of €483,337. Equity is growing by about 3.6% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Activity
Toutes opérations se rapportant directement à l'achat, la vente de toutes valeurs mobilières et…
From the articles, 27 activitiesNo NACE code in the KBO yet1 site
Size
€6.9mtotal assets 2025
Equity
€5.1m
Profit
€483,337
Financial health
95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Accounts 148 days early1 of 10 deeds read
Why 95raises riskNo main activity registeredlowers riskSize: total assets €6.9mFigures for financial year 2025 (filed 12-03-2026)Liquidity: current ratio 1.67, cash €2.1mShow the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 57% of its sector peers (no NACE code, small)
Financial strength · tick = 2024
Strong
Solvency 98-2
equity 73.2% of total assets
Liquidity 77+25
short-term debt 26.8% · cash 30.0%
Profitability 55-20
return on assets 7.0%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025highest value 04-2025: < 0.1%▼ -0.1 percentage points vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €480,000 on 30-day terms is acceptable
Liquidity ample (current ratio 1.67, compared with 1.55 in 2024; short-term debt: 26.8% and cash: 30% of total assets), and 26.8% of the assets are financed with debt.
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 (no NACE code, small): better than 62% on solvency, 92% on liquidity, 59% on profitability and 13% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Five signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €6.9m
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed 12-03-2026)
NBB · annual accounts
raises risk · No main activity registered
KBO
lowers risk · Liquidity: current ratio 1.67, cash €2.1m
NBB · annual accounts
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 05-03-2026, 148 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
148 days early
2024
140 days early
2023
51 days early
2022
98 days early
2021
101 days early
2020
85 days early
2019
4 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 90 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 April (4 of the last 5 filed years within 47 days of that day).
Companies Code · seven months
Where today falls in the filing period
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Purpose · Amendment of the articles…Name change · Power of…
  2. Annual accounts filedfinancial year 2025 · full…
  3. Weakest financial yearnet €483,337 ▼59.9%

Key points

  • Caution: Result fell in 2025from €1.2m to €483,337 ▼ 59.9% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €483,337 8 years View

By topic

Financials

Financial year
2025
Total assets
€6.9m
Profit
€483,337
Solvency
73.2%
Total assets▼ 13.4%
Net result
20182025
Go to Financials

Timeline

Events
21
Since
2010
Next accounts
by 31-07-2027
  1. 13-03-2025Annual accounts filed
  2. 10-06-2024Annual accounts filed
  3. 24-04-2023Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Founded
12-06-2009
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

Articles of association

Provisions read
1
Purpose
Toutes opérations se rapportant directement à l'achat, la vente de toutes valeurs…
Go to Articles of association

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