Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
IRONWOOD from Roeselare, company number BE0479643125, closed financial year 2025 with a result of € -35,116 after tax. For that financial year IRONWOOD recorded a gross margin of € -983 and equity of € -244,895. Compared with financial year 2024, the result moved from € -152,827 to € -35,116. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 31, 2025.
€ -244,895
▼ € 35,116 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,116
▲ 77 % less loss than in 2024
Profit after tax over the fiscal year.
€ 1,495
▲ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -313,495.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 185,000
▲ 6% vs 2024
Loans from banks and other lenders, long and short.
€ 40,191
▲ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,764
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 24,064 | € 384 | € -121,548 | € -983 | ▲ € 120,565 |
| Profit after taxes | € -7,456 | € -25,304 | € -152,827 | € -35,116 | ▲ € 117,711 |
| Equity | € -31,647 | € -56,951 | € -209,779 | € -244,895 | ▼ € 35,116 |
| Total debts | € 458,711 | € 443,112 | € 440,739 | € 459,564 | ▲ 4% |
| Cash | € 19,049 | € 652 | € 761 | € 1,495 | ▲ 96% |
| Land & buildings | € 257,844 | € 240,604 | € 223,958 | € 207,313 | ▼ 7% |
| Retained profit | € -100,247 | € -125,551 | € -278,379 | € -313,495 | ▼ € 35,116 |
| Bank debt | € 190,351 | € 178,105 | € 175,000 | € 185,000 | ▲ 6% |
| Balance sheet total | € 427,064 | € 386,161 | € 230,960 | € 214,669 | ▼ 7% |
Key figures of IRONWOOD, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to IRONWOOD?
What happened at IRONWOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 35,116. filed late Source: NBB ↗
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,456 loss in 2022 to € 35,116 loss in 2025.
Paid € 1,031 in corporate taxes since 2022.
A new publication or filing at IRONWOOD? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Geert Vandepitte
Director
Establishments
Establishment units
Physical locations of this company
Rijselstraat 9B
8800 Roeselare
Rijselstraat 9 box B
8800 Roeselare
Active since 27 March 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.643.125
- VAT number
- BE 0479.643.125
- Registered office
- Rijselstraat 9B, 8800 Roeselare
- Names & denominations
- IRONWOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 February 2003
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in huishoudtextiel en beddengoed
Groothandel in textiel
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in niet-elektrische huishoudelijke artikelen
Detailhandel in huishoudtextiel en beddengoed
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Detailhandel in bovenkleding voor heren, dames en kinderen (algemeen assortiment)
Groothandel in kleding, kledingtoebehoren en bontartikelen
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