ACTIVE

IRIS GROUP

Financial year 2025 · closed on 31/12/2025
Net result
-25,6 k €
-101.6% YoY
Revenue
10,3 M €
-2.1% YoY
Equity
19 M €
-0.9% YoY
Workforce
45,2 ETP
-10.5% YoY

What does IRIS GROUP do?

IRIS GROUP is a Public limited company incorporated in 1978. Its main activity is: Data processing, hosting and related activities; web portals. Its registered office is in Evere. It employs on average 45,2 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0418.161.060
Incorporation
28/03/1978
Legal form
Public limited company
Registered office
Avenue de Bâle 5
1140 Evere · BruxellesSee on map
Contributed capital
3 750 000,00 €
Latest accounts
31/12/2025
Average workforce
45,2 ETP
Joint committees (3)
  • 100
  • 200
  • 218
Signals
Solid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201520142013201220112010200920082007
Income statement
Revenue10,3 M €10,6 M €11 M €10,3 M €9,4 M €9,1 M €8,2 M €8,2 M €7,5 M €6,4 M €10,7 M €6,3 M €6,2 M €5,5 M €5,1 M €5,1 M €4,2 M €3,6 M €
EBITDA1 M €1,2 M €1,1 M €1,2 M €1,4 M €1,2 M €836,3 k €1 M €388,3 k €644,7 k €1,3 M €599,5 k €688,1 k €897,3 k €686,9 k €787,2 k €505,7 k €509,8 k €
Operating result175,9 k €113,6 k €88,4 k €81,4 k €253,5 k €166,6 k €318,8 k €628,6 k €-158,3 k €116,9 k €385,7 k €40 k €244,4 k €461,7 k €264 k €348,8 k €204,7 k €304,2 k €
Net result-25,6 k €1,6 M €-87,5 k €9,1 M €1,7 M €645 k €1,7 M €1,2 M €556,2 k €634 k €-292,8 k €-621,3 k €-98,7 k €15 k €-105,5 k €-154,8 k €2,1 M €1,1 M €
Balance sheet
Equity19 M €19,2 M €18,9 M €19 M €10 M €8,9 M €8,9 M €7,2 M €6,5 M €6,5 M €6,1 M €6,7 M €7,3 M €7,5 M €7,8 M €9,5 M €9,9 M €8,2 M €
Total assets33,7 M €30,5 M €32,8 M €34,3 M €35,6 M €32,9 M €33,3 M €26,5 M €27,6 M €23,5 M €22 M €20,1 M €22,5 M €20,2 M €21,1 M €19,3 M €21,2 M €15,6 M €
Cash1,7 M €661 k €2 M €1,7 M €2,7 M €1,8 M €2 M €2,7 M €4,2 M €3,7 M €2,7 M €6,4 k €1,4 k €14,7 k €791,1 k €110,6 k €287,2 k €192,5 k €
Debts14,1 M €11 M €13,5 M €15 M €25,2 M €23,7 M €24 M €18,8 M €20,4 M €16,4 M €15,2 M €12,6 M €14,5 M €12 M €12,6 M €9,1 M €10,5 M €7,2 M €
Other
Workforce45,2 ETP50,5 ETP48,5 ETP44,6 ETP38,9 ETP36,5 ETP42,6 ETP40,1 ETP39,2 ETP35,6 ETP34,5 ETP33,9 ETP32,9 ETP30,3 ETP29,9 ETP23,5 ETP31,1 ETP39,1 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 62 ended

Active mandates

IRIDI

Director · since 23 décembre 2025 · until 19 juin 2028 · 0547.795.028

Represented by Frank Coenen

Active
ARTYM

Managing director · since 20 juin 2025 · until 19 juin 2028 · 0732.724.340

Represented by Patrick Janssens van der Maelen

Active
B-GROOVE

Director · since 21 juin 2024 · until 20 juin 2027 · 0862.310.303

Represented by Laurent Warlop

Active
LEXTRAD

Chairman of the board of directors · since 21 juin 2024 · until 20 juin 2027 · 0452.440.365

Represented by Bernard Thuysbaert

Active
Marie-Hélène Zurstrassen

Director · since 21 juin 2024 · until 20 juin 2027

Active
PROGRESSIO MANAGEMENT

Director · since 21 juin 2024 · until 20 juin 2027 · 0726.796.749

Represented by SANDRA DE KERCKHOVE

Active
TECHNOLOGIES PROMOTION AGENCY

Director · since 21 juin 2024 · until 19 novembre 2025 · 0872.132.245

Represented by Bruno Rolin

Active
OBA Management

Director · since 16 juin 2023 · until 19 juin 2027 · 0643.876.694

Represented by Philippe Masset

Active

Ended mandates

B-GROOVE

Director · since 21 juin 2024 · until 20 juin 2026 · 0862.310.303

Represented by Laurent Warlop

Ended
LEXTRAD

Chairman of the board of directors · since 21 juin 2024 · until 20 juin 2026 · 0452.440.365

Represented by Bernard Thuysbaert

Ended
Marie-Hélène Zurstrassen

Director · since 21 juin 2024 · until 20 juin 2026

Ended
PROGRESSIO MANAGEMENT

Director · since 21 juin 2024 · until 20 juin 2026 · 0726.796.749

Represented by SANDRA DE KERCKHOVE

Ended
At this address

Other companies at this address

CompanyCBE no.
IRIS-DMWActive
0800.049.862
0453.520.233
0889.284.122
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/06/202630/06/202511/07/202429/06/202307/07/202209/07/2021
General meeting19/06/202620/06/202521/06/202416/06/202317/06/202218/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

38 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/06/202623/06/2026FrenchPDF
Full model31/12/202420/06/202530/06/2025FrenchPDF
m120-f-p31/12/202420/06/202530/06/2025FrenchPDF
Full model31/12/202321/06/202411/07/2024FrenchPDF
m120-f-p31/12/202321/06/202426/07/2024FrenchPDF
Full model31/12/202216/06/202329/06/2023FrenchPDF
m120-f-p31/12/202216/06/202329/06/2023FrenchPDF
Full model31/12/202117/06/202207/07/2022FrenchPDF
m120-f-p31/12/202117/06/202206/07/2022FrenchPDF
Full model31/12/202018/06/202109/07/2021FrenchPDF
m120-f-p31/12/202018/06/202109/07/2021FrenchPDF
Full model31/12/201919/06/202003/08/2020FrenchPDF
m120-f-p31/12/201919/06/202003/08/2020FrenchPDF
Full model31/12/201821/06/201918/07/2019FrenchPDF
m120-f-p31/12/201821/06/201919/07/2019FrenchPDF
Full model31/12/201715/06/201811/07/2018FrenchPDF
m120-f-p31/12/201715/06/201807/08/2018FrenchPDF
Full model31/12/201616/06/201704/07/2017FrenchPDF
m120-f-p31/12/201616/06/201706/07/2017FrenchPDF
Full model31/12/201517/06/201611/07/2016FrenchPDF
m120-f-p31/12/201517/06/201611/07/2016FrenchPDF
Full model31/12/201419/06/201529/07/2015FrenchPDF
m120-f-p31/12/201419/06/201529/07/2015FrenchPDF
Full model31/03/201320/09/201316/10/2013FrenchPDF

View all 38 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 8 active · 62 ended

Active mandates

IRIDI

Director · since 23 décembre 2025 · until 19 juin 2028 · 0547.795.028

Represented by Frank Coenen

Active
ARTYM

Managing director · since 20 juin 2025 · until 19 juin 2028 · 0732.724.340

Represented by Patrick Janssens van der Maelen

Active
B-GROOVE

Director · since 21 juin 2024 · until 20 juin 2027 · 0862.310.303

Represented by Laurent Warlop

Active
LEXTRAD

Chairman of the board of directors · since 21 juin 2024 · until 20 juin 2027 · 0452.440.365

Represented by Bernard Thuysbaert

Active
Marie-Hélène Zurstrassen

Director · since 21 juin 2024 · until 20 juin 2027

Active
PROGRESSIO MANAGEMENT

Director · since 21 juin 2024 · until 20 juin 2027 · 0726.796.749

Represented by SANDRA DE KERCKHOVE

Active
TECHNOLOGIES PROMOTION AGENCY

Director · since 21 juin 2024 · until 19 novembre 2025 · 0872.132.245

Represented by Bruno Rolin

Active
OBA Management

Director · since 16 juin 2023 · until 19 juin 2027 · 0643.876.694

Represented by Philippe Masset

Active

Ended mandates

B-GROOVE

Director · since 21 juin 2024 · until 20 juin 2026 · 0862.310.303

Represented by Laurent Warlop

Ended
LEXTRAD

Chairman of the board of directors · since 21 juin 2024 · until 20 juin 2026 · 0452.440.365

Represented by Bernard Thuysbaert

Ended
Marie-Hélène Zurstrassen

Director · since 21 juin 2024 · until 20 juin 2026

Ended
PROGRESSIO MANAGEMENT

Director · since 21 juin 2024 · until 20 juin 2026 · 0726.796.749

Represented by SANDRA DE KERCKHOVE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates06/02/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/08/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares31/12/2024
    CAPITAL, ACTIONS
    PDF
  • Mandates06/09/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring01/02/2024
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Restructuring01/02/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-25,6 k €
  2. 2024
    Annual accounts 20241,6 M €
  3. 2023
    Annual accounts 2023-87,5 k €
  4. 2022
    Annual accounts 20229,1 M €
  5. 2021
    Annual accounts 20211,7 M €
  6. 2020
    Annual accounts 2020645 k €
  7. 2019
    Annual accounts 20191,7 M €
  8. 2018
    Annual accounts 20181,2 M €
  9. 2018
    Name changeIRIS GROUP SA
  10. 2017
    Annual accounts 2017556,2 k €
  11. 2015
    Annual accounts 2015634 k €
  12. 2014
    Annual accounts 2014-292,8 k €
  13. 2013
    Annual accounts 2013-621,3 k €
  14. 2012
    Annual accounts 2012-98,7 k €
  15. 2011
    Annual accounts 201115 k €
  16. 2010
    Annual accounts 2010-105,5 k €
  17. 2009
    Annual accounts 2009-154,8 k €
  18. 2008
    Annual accounts 20082,1 M €
  19. 2007
    Annual accounts 20071,1 M €
  20. 2007
    Name changeBELGIAN BUSINESS SERVICES
  21. 28/03/1978
    IncorporationPublic limited company