Institut International pour la Recherche et la Coopération
0450.490.368 · rovalta.com · 27/09/2026
ACTIVE
Institut International pour la Recherche et la Coopération
Financial year 2024 · Closed on 31/12/2024
Net result58,4 k €+3 160,9 %over 1 year
Gross margin191,9 k €+216,9 %over 1 year
Equity116,8 k €+100,0 %over 1 year
Overview
Identity
Source · BCE/KBOInstitut International pour la Recherche et la Coopération is a Private company with limited liability incorporated in 1993. Its main activity is: Management consultancy activities. Its registered office is in Schaerbeek.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0450.490.368
- Incorporation
- 02/07/1993
- Legal form
- Private company with limited liability
- Registered office
- Rue Vanderlinden 126
1030 Schaerbeek · BruxellesSee on map - Contributed capital
- 6 407,99 €
- Latest accounts
- 31/12/2024
Activities (NACE)
Joint committees (1)
- 200
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Financials
Source · NBB, 19 filingsTrend over 18 financial years
| 2024 | 2023 | 2022 | 2021 | 2020 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 191,9 k € | +217% | 60,5 k € | +2636% | 2,2 k € | +145% | -4,9 k € | -336% | 2,1 k € |
| EBITDA | 83,1 k € | +60845% | 136,3 € | -90.7% | 1,5 k € | +125% | -5,8 k € | -520% | 1,4 k € |
| Operating result | 82,5 k € | +19386% | -427,9 € | -133% | 1,3 k € | +123% | -5,8 k € | -520% | 1,4 k € |
| Net result | 58,4 k € | +3161% | -1,9 k € | -81.6% | -1,1 k € | +82.1% | -5,9 k € | -4293% | -133,9 € |
| Balance sheet | |||||||||
| Equity | 116,8 k € | +100.0% | 58,4 k € | -3.2% | 60,3 k € | -1.7% | 61,4 k € | -8.7% | 67,2 k € |
| Total assets | 607 k € | +81.9% | 333,7 k € | -48.1% | 642,6 k € | +172% | 236,4 k € | +43.1% | 165,2 k € |
| Cash | 292,2 k € | +539% | 45,7 k € | -63.3% | 124,6 k € | +46.6% | 85 k € | +3277% | 2,5 k € |
| Debts | 489,2 k € | +77.7% | 275,3 k € | -52.7% | 582,3 k € | +233% | 175,1 k € | +78.7% | 98 k € |
| Other | |||||||||
| Workforce | – | – | – | – | – | ||||
Valuation
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/20242 active · 8 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Frédéric MAAS | Manager | since 09/01/2012 | |
Stefan Zickgraf | Manager | since 03/03/1998 | 000 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Stefan ZICKGRAF | Manager | since 09/01/2012 | 000 |
Frédéric MAAS | Director | ||
Frédéric MAAS | Manager | ||
Stefan Zickgraf | Mandate | 000 |
Other companies at this address
Rue Vanderlinden 126 1030 Schaerbeek| Company | CBE no. |
|---|---|
Funding Surfer● Active | 0759.938.976 |
Financials
Full financial information
Source · NBB| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Micro model | Micro model | Micro model | Micro model | Abridged model | Micro model |
| Start of the financial year | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 | 01/01/2019 |
| Closing of the financial year | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 | 31/12/2019 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 13/10/2025 | 30/12/2024 | 20/12/2023 | 24/11/2022 | 27/10/2021 | 30/09/2020 |
| General meeting | 20/05/2025 | 21/05/2024 | 16/05/2023 | 17/05/2022 | 18/05/2021 | 28/07/2020 |
| 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 |
Financial ratios
Source · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 19 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Micro model | 31/12/2024 | 20/05/2025 | 13/10/2025 | French | |
| Micro model | 31/12/2023 | 21/05/2024 | 30/12/2024 | French | |
| Micro model | 31/12/2022 | 16/05/2023 | 20/12/2023 | French | |
| Micro model | 31/12/2021 | 17/05/2022 | 24/11/2022 | French | |
| Abridged model | 31/12/2020 | 18/05/2021 | 27/10/2021 | Dutch | |
| Micro model | 31/12/2019 | 28/07/2020 | 30/09/2020 | French | |
| Micro model | 31/12/2018 | 21/05/2019 | 31/10/2019 | French | |
| Micro model | 31/12/2017 | 15/05/2018 | 30/09/2018 | French | |
| Micro model | 31/12/2016 | 16/05/2017 | 31/08/2017 | French | |
| Abridged model | 31/12/2015 | 17/05/2016 | 31/08/2016 | French | |
| Abridged model | 31/12/2014 | 19/05/2015 | 31/08/2015 | French | |
| Abridged model | 31/12/2013 | 20/05/2014 | 26/08/2014 | French | |
| Abridged model | 31/12/2012 | 21/05/2013 | 29/08/2013 | French | |
| Abridged model | 31/12/2011 | 15/05/2012 | 31/08/2012 | French | |
| Abridged model | 31/12/2010 | 17/05/2011 | 31/08/2011 | French | |
| Abridged model | 31/12/2009 | 18/05/2010 | 31/08/2010 | French | |
| Abridged model | 31/12/2008 | 19/05/2009 | 29/07/2009 | French | |
| Abridged model | 31/12/2007 | 20/05/2008 | 28/08/2008 | French | |
| Abridged model | 31/12/2006 | 15/05/2007 | 21/08/2007 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 250 k€ and 500 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/20242 active · 8 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Frédéric MAAS | Manager | since 09/01/2012 | |
Stefan Zickgraf | Manager | since 03/03/1998 | 000 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Stefan ZICKGRAF | Manager | since 09/01/2012 | 000 |
Frédéric MAAS | Director | ||
Frédéric MAAS | Manager | ||
Stefan Zickgraf | Mandate | 000 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official GazetteSimilar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 202458,4 k €↑
- 2023Annual accounts 2023-1,9 k €↓
- 2022Annual accounts 2022-1,1 k €↑
- 2021Annual accounts 2021-5,9 k €↓
- 2020Annual accounts 2020-133,9 €↑
- 2019Annual accounts 2019-460,7 €↓
- 2018Annual accounts 201813,8 k €↑
- 2017Annual accounts 20172,2 k €↑
- 2016Annual accounts 2016-10,5 k €↓
- 2015Annual accounts 201511,8 k €↑
- 2014Annual accounts 2014-7,5 k €↑
- 2013Annual accounts 2013-7,9 k €↓
- 2012Annual accounts 20129,8 k €↑
- 2011Annual accounts 20113,2 k €↓
- 2010Annual accounts 201011,7 k €↑
- 2009Annual accounts 2009557 €↓
- 2008Annual accounts 20085,7 k €↓
- 2007Annual accounts 20078,4 k €
- 02/07/1993IncorporationPrivate company with limited liability
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| Institut International pour la Recherche et la CoopérationCurrent | CBE, tracked since 27/09/2026 | CBE |
| Interrecherche | accounts 2021 → 2024 | Accounts 2024 · 2025-00540268 |
Annual accounts date a value by the financial year it appears in. The CBE dates a change to the day, but its history has only been kept since 27/09/2026.