ITERAR
ActiveSummary
ITERAR has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €278k and a net result of €129k. Equity is growing by ~83.8% per year across the filed fiscal years. Its solvency ranks better than 71% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency100▲+4
Growth78=
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 4.21 against 3.49 in 2023; short-term debt: 23.7% and cash: 32.4% of total assets), and 23.8% 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
76.2%
Return on assets
35.3%
Age of the figures
21 mo
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 17-04-2025, 105 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
105 d early
2023
33 d early
2022
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€278k▲ 86.3%
2023 · €149k
2022: €28klowest in 3 years
2023: €149k▲ +434% vs 2022
2024: €278k▲ +86.3% vs 2023highest in 3 years
2022 → 2024
Total assets
€364k▲ 74.2%
2023 · €209k
2022: €57klowest in 3 years
2023: €209k▲ +268% vs 2022
2024: €364k▲ +74.2% vs 2023highest in 3 years
2022 → 2024
Net result
€129k▲ 6.1%
2023 · €121k
2022: €28klowest in 3 years
2023: €121k▲ +336% vs 2022
2024: €129k▲ +6.1% vs 2023highest in 3 years
2022 → 2024
Working capital
€277k▲ 86.7%
2023 · €149k
2022: €28klowest in 3 years
2023: €149k▲ +432% vs 2022
2024: €277k▲ +86.7% vs 2023highest in 3 years
2022 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€28k-€149k▲ 434%€278k▲ 86.3%
2022: €28klowest in 3 years
2023: €149k▲ +434% vs 2022
2024: €278k▲ +86.3% vs 2023highest in 3 years
Operating result€35k-€159k▲ 350%€165k▲ 3.3%
2022: €35klowest in 3 years
2023: €159k▲ +350% vs 2022
2024: €165k▲ +3.3% vs 2023highest in 3 years
Net result€28k-€121k▲ 336%€129k▲ 6.1%
2022: €28klowest in 3 years
2023: €121k▲ +336% vs 2022
2024: €129k▲ +6.1% vs 2023highest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2024 is 3% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €364k
Fixed assets
€746 ▼ 32.3%
Current assets
€364k ▲ 74.7%
Equity and liabilities €364k
Equity
€278k ▲ 86.3%
Debt
€87k ▲ 44.2%
Debt's share of the balance-sheet total falls from 28.8% to 23.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€165k▲
2023 · €159k
Cash flow
€129k▲
2023 · €121k
Current ratio
4.21▲
2023 · 3.49
Debt to equity
0.31▼
2023 · 0.40
ROE
46.3%▼
2023 · 81.3%
ROA
35.3%▼
2023 · 57.9%
Interest coverage
177.87▲
2023 · 151.65
Debt ≤ 1 year
€86k▲
2023 · €60k
Income taxes
€38k▲
2023 · €37k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€209k€364k▲
Fixed assets21/28€1k€746▼
Tangible fixed assets22/27€1k€696▼
Plant, machinery and equipment23€1k€696▼
Financial fixed assets28€50€50=
Current assets29/58€208k€364k▲
Amounts receivable within one year40/41€50k€134k▲
Trade receivables40€49k€52k▲
Other amounts receivable41€142€82k▲
Current investments50/53-€110k
Cash at bank and in hand54/58€158k€118k▼
Deferred charges and accrued income490/1€717€2k▲
Equity and liabilities
Total equity and liabilities10/49€209k€364k▲
Equity10/15€149k€278k▲
Contributions10/11€100€100=
Reserves13€149k€278k▲
Distributable reserves133€149k€278k▲
Amounts payable17/49€60k€87k▲
Amounts payable within one year42/48€60k€86k▲
Financial debts43€0€12▲
Credit institutions430/8€0€12▲
Trade debts44€154€2k▲
Suppliers440/4€154€2k▲
Taxes, remuneration and social security45€51k€84k▲
Taxes450/3€51k€83k▲
Remuneration and social security454/9-€1k
Other amounts payable47/48€9k€0▼
Accrued charges and deferred income492/3€560€420▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17€356▲
Other operating charges640/8€4k€5k▲
Gross operating margin9900€163k€170k▲
Operating profit (loss)9901€159k€165k▲
Financial income75/76B-€3k
Recurring financial income75-€3k
Financial charges65/66B€1k€928▼
Recurring financial charges65€1k€928▼
Profit (loss) for the period before taxes9903€158k€167k▲
Income taxes67/77€37k€38k▲
Profit (loss) for the period9904€121k€129k▲
Profit (loss) for the period to be appropriated9905€121k€129k▲
Appropriation of the result
Profit (loss) to be appropriated9906€121k€129k▲
Transfer to equity691/2€121k€129k▲
To other reserves6921€121k€129k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €17 | €356 | ▲ 2,047% |
| Other operating charges640/8 | €1k | €4k | €5k | ▲ 20.5% |
| Gross operating margin9900 | €37k | €163k | €170k | ▲ 4.0% |
| Operating profit (loss)9901 | €35k | €159k | €165k | ▲ 3.3% |
| Financial income75/76B | - | - | €3k | - |
| Recurring financial income75 | - | - | €3k | - |
| Financial charges65/66B | €163 | €1k | €928 | ▼ 11.7% |
| Recurring financial charges65 | €163 | €1k | €928 | ▼ 11.7% |
| Profit (loss) for the period before taxes9903 | €35k | €158k | €167k | ▲ 5.5% |
| Income taxes67/77 | €7k | €37k | €38k | ▲ 3.4% |
| Profit (loss) for the period9904 | €28k | €121k | €129k | ▲ 6.1% |
| Profit (loss) for the period to be appropriated9905 | €28k | €121k | €129k | ▲ 6.1% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €57k | €209k | €364k | ▲ 74.2% |
| Fixed assets21/28 | - | €1k | €746 | ▼ 32.3% |
| Tangible fixed assets22/27 | - | €1k | €696 | ▼ 33.9% |
| Plant, machinery and equipment23 | - | €1k | €696 | ▼ 33.9% |
| Financial fixed assets28 | - | €50 | €50 | = |
| Current assets29/58 | €57k | €208k | €364k | ▲ 74.7% |
| Amounts receivable within one year40/41 | €14k | €50k | €134k | ▲ 170% |
| Trade receivables40 | €14k | €49k | €52k | ▲ 6.1% |
| Other amounts receivable41 | - | €142 | €82k | ▲ 57,533% |
| Current investments50/53 | - | - | €110k | - |
| Cash at bank and in hand54/58 | €43k | €158k | €118k | ▼ 25.2% |
| Deferred charges and accrued income490/1 | - | €717 | €2k | ▲ 126% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €57k | €209k | €364k | ▲ 74.2% |
| Equity10/15 | €28k | €149k | €278k | ▲ 86.3% |
| Contributions10/11 | €100 | €100 | €100 | = |
| Reserves13 | €28k | €149k | €278k | ▲ 86.3% |
| Distributable reserves133 | €28k | €149k | €278k | ▲ 86.3% |
| Amounts payable17/49 | €29k | €60k | €87k | ▲ 44.2% |
| Amounts payable within one year42/48 | €29k | €60k | €86k | ▲ 44.9% |
| Financial debts43 | €17 | €0 | €12 | - |
| Credit institutions430/8 | €17 | €0 | €12 | - |
| Trade debts44 | €2k | €154 | €2k | ▲ 1,185% |
| Suppliers440/4 | €2k | €154 | €2k | ▲ 1,185% |
| Taxes, remuneration and social security45 | €17k | €51k | €84k | ▲ 66.6% |
| Taxes450/3 | €17k | €51k | €83k | ▲ 64.0% |
| Remuneration and social security454/9 | - | - | €1k | - |
| Other amounts payable47/48 | €11k | €9k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €560 | €420 | ▼ 25.0% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €28k | €121k | €129k | ▲ 6.1% |
| + Depreciation and write-downs630 | - | €17 | €356 | ▲ 2,047% |
| Operating cash flow (approximation) | €28k | €121k | €129k | ▲ 6.4% |
| Investment in fixed assets (approximation) | - | - | €0 | - |
| Change in cash | - | €115k | €-40k | ▼ 135% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
17-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2022net €129k ▲6.1%
Operating result €165k, net result €129k, both a record.
31-12
Financial
Equity above €200kEq €278k ▲86.3%
3 profitable years in a row build equity to €278k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100kEq €149k ▲434%
2 profitable years in a row build equity to €149k.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Nazareth-De Pinte · 1 establishment unit since 2022
Ground area
1,705 m²
Building footprint
165 m²
Volume, LiDAR
787 m³
Parcel 44079B0706/00P000, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
ITERAR
since 20222.333.591.950
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44079B0706/00P000 | Flanders | 1,705 m² | 1 · 165 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 38,522 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded22-07-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.