ACTIVE

IFRA

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Financial year 2025 · closed on 31/12/2025

Net result

-1,3 k €

+60.6% YoY

Gross margin

29,5 k €

+47.5% YoY

Equity

362 k €

-0.4% YoY

Workforce

0,0 ETP

What does IFRA do?

IFRA is a Public limited company incorporated in 1987. Its registered office is in Dessel.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0430.514.011

Incorporation

13/02/1987

Legal form

Public limited company

Registered office

Bleekstraat 19
2480 Dessel · FlandreSee on map

Contributed capital

85 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Joint committees (1)

Signals

Solid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	29,5 k €	+47.5%	20 k €	-69.1%	64,6 k €	+17.0%	55,2 k €	+29.0%	42,8 k €	-18.9%	52,7 k €	-45.6%	96,9 k €	+9.9%	88,2 k €	+12.8%	78,2 k €	-0.3%	78,4 k €	-0.0%	78,4 k €	+3.0%	76,1 k €	-4.7%	79,9 k €	+15.1%	69,4 k €	+26.1%	55 k €	-13.9%	64 k €	+23.4%	51,8 k €	-10.4%	57,9 k €
EBITDA	14,2 k €	+8.6%	13,1 k €	-77.4%	57,9 k €	+17.6%	49,2 k €	+38.4%	35,5 k €	-22.8%	46 k €	-49.0%	90,3 k €	+10.9%	81,5 k €	+13.9%	71,5 k €	-0.5%	71,9 k €	-0.0%	71,9 k €	+3.7%	69,4 k €	+53.1%	45,3 k €	+26.7%	35,8 k €	+101%	17,8 k €	-60.7%	45,3 k €	-5.4%	47,9 k €	-11.1%	53,8 k €
Operating result	196 €	+121%	-931,4 €	-102%	43,9 k €	+24.6%	35,2 k €	+55.4%	22,6 k €	-28.7%	31,7 k €	-57.9%	75,3 k €	+23.7%	60,9 k €	+19.5%	50,9 k €	+12.3%	45,4 k €	+34.5%	33,7 k €	+8.3%	31,1 k €	+61.0%	19,3 k €	-0.8%	19,5 k €	+1172%	1,5 k €	-94.7%	29 k €	-8.2%	31,6 k €	-15.9%	37,6 k €
Net result	-1,3 k €	+60.6%	-3,3 k €	-111%	29,7 k €	+29.0%	23 k €	+107%	11,1 k €	-36.2%	17,4 k €	-51.1%	35,7 k €	+42.1%	25,1 k €	+33.0%	18,9 k €	+38.8%	13,6 k €	+107%	6,6 k €	+157%	2,6 k €	-69.7%	8,5 k €	-35.0%	13 k €	+182%	-15,8 k €	-229%	12,2 k €	+1.8%	12 k €	+11.9%	10,7 k €
Balance sheet
Equity	362 k €	-0.4%	363,3 k €	-0.9%	366,5 k €	+8.8%	336,8 k €	+7.3%	313,8 k €	+16.2%	270,1 k €	+6.9%	252,7 k €	+16.4%	217 k €	+13.1%	191,9 k €	+10.9%	173,1 k €	+8.5%	159,5 k €	+4.3%	152,9 k €	+1.7%	150,3 k €	+6.0%	141,9 k €	+10.1%	128,9 k €	-10.9%	144,7 k €	+9.2%	132,4 k €	+10.0%	120,4 k €
Total assets	569,7 k €	-5.3%	601,4 k €	+11.6%	539,1 k €	-1.1%	544,9 k €	-2.8%	560,8 k €	-6.3%	598,3 k €	-3.0%	617,1 k €	-2.0%	629,9 k €	-3.0%	649,5 k €	-1.4%	658,6 k €	-5.3%	695,7 k €	-5.0%	732 k €	-6.0%	778,6 k €	+52.6%	510,3 k €	-2.8%	525,2 k €	-2.9%	540,7 k €	-0.8%	545 k €	-2.9%	561,3 k €
Cash	4 k €	-60.1%	10 k €	-2.2%	10,2 k €	+16.7%	8,8 k €	-17.5%	10,6 k €	-30.5%	15,3 k €	-34.8%	23,4 k €	+10.3%	21,3 k €	+3.1%	20,6 k €	+6.8%	19,3 k €	-35.3%	29,8 k €	+21.8%	24,5 k €	-28.3%	34,2 k €	+143%	14,1 k €	+10.5%	12,7 k €	+54.5%	8,2 k €		–		–
Debts	207,7 k €	-12.8%	238,2 k €	+38.0%	172,6 k €	-17.1%	208,1 k €	-15.7%	247 k €	-24.7%	328,1 k €	-9.9%	364,4 k €	-11.7%	412,8 k €	-9.8%	457,6 k €	-5.7%	485,5 k €	-9.5%	536,2 k €	-7.4%	579,1 k €	-7.8%	628,2 k €	+70.5%	368,4 k €	-7.0%	396,3 k €	+0.1%	396 k €	-4.0%	412,6 k €	-6.4%	440,8 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 ETP		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	+100%	0,5 ETP		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 23 ended

Active mandates

François BIERMANS

Managing director · since 13 mai 2024

Active

Ida VAN BALLAER

Managing director · since 13 mai 2024

Active

RESTAURANT DE WATERMOLEN - KASTERLEE

Director · since 13 mai 2024 · 0420.045.038

Represented by Toon BIERMANS

Active

Toon BIERMANS

Managing director · since 13 mai 2024

Active

Ended mandates

François BIERMANS

Managing director · since 13 mai 2024 · until 13 mai 2030

Ended

Ida VAN BALLAER

Managing director · since 13 mai 2024 · until 13 mai 2030

Ended

RESTAURANT DE WATERMOLEN - KASTERLEE

Director · since 13 mai 2024 · until 13 mai 2030 · 0420.045.038

Represented by BIERMANS FRANÇOIS

Ended

RESTAURANT DE WATERMOLEN - KASTERLEE

Director · since 13 mai 2024 · until 13 mai 2030 · 0420.045.038

Represented by BIERMANS TOON

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	18/06/2026	29/07/2025	27/06/2024	13/06/2023	01/06/2022	29/06/2021
General meeting	15/06/2026	30/06/2025	13/05/2024	26/05/2023	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	15/06/2026	18/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	29/07/2025	Dutch	PDF
Abridged model	31/12/2023	13/05/2024	27/06/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	13/06/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	01/06/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	29/06/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	24/07/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	09/07/2019	Dutch	PDF
Micro model	31/12/2017	23/02/2018	27/03/2018	Dutch	PDF
Micro model	31/12/2016	26/04/2017	28/04/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	13/07/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	01/07/2015	Dutch	PDF
Abridged model	31/12/2013	07/04/2014	08/04/2014	Dutch	PDF
Abridged model	31/12/2012	13/05/2013	17/05/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	18/06/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	27/05/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	31/05/2010	Dutch	PDF
Abridged model	31/12/2008	29/05/2009	09/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	09/07/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 4 active · 23 ended

Active mandates

François BIERMANS

Managing director · since 13 mai 2024

Active

Ida VAN BALLAER

Managing director · since 13 mai 2024

Active

RESTAURANT DE WATERMOLEN - KASTERLEE

Director · since 13 mai 2024 · 0420.045.038

Represented by Toon BIERMANS

Active

Toon BIERMANS

Managing director · since 13 mai 2024

Active

Ended mandates

François BIERMANS

Managing director · since 13 mai 2024 · until 13 mai 2030

Ended

Ida VAN BALLAER

Managing director · since 13 mai 2024 · until 13 mai 2030

Ended

RESTAURANT DE WATERMOLEN - KASTERLEE

Director · since 13 mai 2024 · until 13 mai 2030 · 0420.045.038

Represented by BIERMANS FRANÇOIS

Ended

RESTAURANT DE WATERMOLEN - KASTERLEE

Director · since 13 mai 2024 · until 13 mai 2030 · 0420.045.038

Represented by BIERMANS TOON

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/09/2026
Ontslagen en benoemingen - Zetelverplaatsing bij beslissing bestuurders
PDF
Mandates12/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other05/02/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates14/01/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/08/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/07/2012
ONTSLAGEN - BENOEMINGEN
PDF
Registered office27/02/2012
MAATSCHAPPELIJKE ZETEL
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

2025
Annual accounts 2025-1,3 k €↑
2024
Annual accounts 2024-3,3 k €↓
2023
Annual accounts 202329,7 k €↑
2022
Annual accounts 202223 k €↑
2021
Annual accounts 202111,1 k €↓
2018
Annual accounts 201817,4 k €↓
2017
Annual accounts 201735,7 k €↑
2016
Annual accounts 201625,1 k €↑
2015
Annual accounts 201518,9 k €↑
2014
Annual accounts 201413,6 k €↑
2013
Annual accounts 20136,6 k €↑
2012
Annual accounts 20122,6 k €↓
2011
Annual accounts 20118,5 k €↓
2010
Annual accounts 201013 k €↑
2009
Annual accounts 2009-15,8 k €↓
2008
Annual accounts 200812,2 k €↑
2007
Annual accounts 200712 k €↑
2006
Annual accounts 200610,7 k €
13/02/1987
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

IFRA

Overview

What does IFRA do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline