OPENING OF BANKRUPTCY

IDRABEL

Financial year 2025 · closed on 31/03/2025
Net result
22,2 k €
+141.9% YoY
Gross margin
269 k €
+27.0% YoY
Equity
365,6 k €
+92.9% YoY
Workforce
4,2 ETP
-8.7% YoY

Company — Opening of bankruptcy.

What does IDRABEL do?

IDRABEL is a Private company with limited liability incorporated in 1995. Its main activity is: Sewerage. Its registered office is in Wavre. It employs on average 4,2 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0456.863.070
Incorporation
20/12/1995
Legal form
Private company with limited liability
Registered office
Avenue Vésale 8 box B
1300 Wavre · WallonieSee on map
Contributed capital
22 117,48 €
Latest accounts
31/03/2025
Average workforce
4,2 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin269 k €211,9 k €236,6 k €246,4 k €119,3 k €167,5 k €54,6 k €157,5 k €218,2 k €200,8 k €217,2 k €177,3 k €192,2 k €191,7 k €94,4 k €145,3 k €221 k €178,5 k €213 k €
EBITDA85,7 k €11,4 k €54,9 k €67,9 k €33,2 k €63 k €-430 €27 k €121,6 k €112,1 k €127,6 k €90,9 k €93 k €106,5 k €12,9 k €45,8 k €32,5 k €-16,7 k €52,2 k €
Operating result-21 k €-101,8 k €-32,7 k €76,1 k €18 k €49,5 k €-10,9 k €20,3 k €114,6 k €104,8 k €117,8 k €77,8 k €78 k €-17,4 k €-3,2 k €30,4 k €18,4 k €-42,6 k €22,6 k €
Net result22,2 k €-53 k €269,4 €57,8 k €13 k €23,3 k €-11,5 k €12,1 k €70,3 k €64,3 k €70,7 k €46,4 k €1,9 k €-36,1 k €-22,5 k €14 k €349,7 €-52,5 k €-1,4 k €
Balance sheet
Equity365,6 k €189,6 k €298,4 k €338,4 k €85,6 k €72,7 k €49,4 k €85,3 k €73,2 k €62,8 k €58,5 k €27,8 k €-18,6 k €-20,5 k €15,6 k €38,1 k €24,1 k €23,8 k €76,3 k €
Total assets589,8 k €383,9 k €454,4 k €542,7 k €266 k €332,8 k €215,3 k €170,6 k €208,6 k €173,2 k €234,8 k €233,8 k €258,6 k €258,6 k €382,1 k €307,4 k €286,9 k €323,7 k €368,1 k €
Cash83,2 k €78 k €16,7 k €255,5 k €104,7 k €178,9 k €50,8 k €90,4 k €132,4 k €78,3 k €85,4 k €17,3 k €1,6 k €7,3 k €22,2 k €1,1 k €2,4 k €29,6 k €50,5 k €
Debts139,9 k €194,4 k €156,1 k €204,2 k €148,4 k €216,1 k €161,9 k €78,3 k €128,4 k €103,3 k €169,3 k €199,1 k €270,3 k €279,1 k €366,5 k €269,3 k €262,8 k €299,9 k €291,8 k €
Other
Workforce4,2 ETP4,6 ETP3,9 ETP3,8 ETP2,2 ETP1,5 ETP1,1 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,0 ETP2,2 ETP3,8 ETP3,9 ETP3,5 ETP
Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 8 ended

Active mandates

CHRISTIAN GENNAUX

Director · since 02 août 2018

Active

Ended mandates

CHRISTIAN GENNAUX

Mandate · since 02 août 2018

Ended
GENNAUX et Co

Manager · since 28 juin 2018 · until 02 août 2018 · 0457.222.168

Represented by Christian GENNAUX

Ended
Christine Degraeve

Manager · since 01 octobre 2014

Ended
CHRISTINE DEGRAEVE

Manager · since 09 septembre 2014 · until 28 juin 2018

Ended
At this address

Other companies at this address

CompanyCBE no.
A.R. DIFFUSIONActive
0425.179.902
EPOCA PRODUCTSActive
0421.851.317
PROConferenceBankrupt
0460.191.358
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/11/202530/09/202427/09/202327/10/202224/09/202124/09/2020
General meeting09/09/202510/09/202412/09/202313/09/202214/09/202108/09/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/03/202509/09/202503/11/2025FrenchPDF
Abridged model31/03/202410/09/202430/09/2024FrenchPDF
Abridged model31/03/202312/09/202327/09/2023FrenchPDF
Abridged model31/03/202213/09/202227/10/2022FrenchPDF
Abridged model31/03/202114/09/202124/09/2021FrenchPDF
Abridged model31/03/202008/09/202024/09/2020FrenchPDF
Abridged model31/03/201910/09/201931/10/2019FrenchPDF
Micro model31/03/201828/06/201814/08/2018FrenchPDF
Micro model31/03/201712/09/201713/11/2017FrenchPDF
Abridged model31/03/201613/09/201626/09/2016FrenchPDF
Abridged model31/03/201508/09/201527/09/2015FrenchPDF
Abridged model31/03/201409/09/201430/10/2014FrenchPDF
Abridged model31/03/201310/09/201323/09/2013FrenchPDF
Abridged model31/03/201211/09/201228/09/2012FrenchPDF
Abridged model31/03/201113/09/201127/10/2011FrenchPDF
Abridged model31/03/201007/09/201028/10/2010FrenchPDF
Abridged model31/03/200908/09/200924/09/2009FrenchPDF
Abridged model31/03/200809/09/200819/09/2008FrenchPDF
Abridged model31/03/200711/09/200727/09/2007FrenchPDF
Estimate

Indicative valuation

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 31/03/2025 · 1 active · 8 ended

Active mandates

CHRISTIAN GENNAUX

Director · since 02 août 2018

Active

Ended mandates

CHRISTIAN GENNAUX

Mandate · since 02 août 2018

Ended
GENNAUX et Co

Manager · since 28 juin 2018 · until 02 août 2018 · 0457.222.168

Represented by Christian GENNAUX

Ended
Christine Degraeve

Manager · since 01 octobre 2014

Ended
CHRISTINE DEGRAEVE

Manager · since 09 septembre 2014 · until 28 juin 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/08/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring16/07/2018
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates13/07/2018
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Other11/06/2018
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Restructuring28/05/2018
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates21/10/2014
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates24/09/2009
    DEMISSIONS, NOMINATIONS
    PDF
  • Other11/07/2006
    DIVERS
    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 202522,2 k €
  2. 2024
    Annual accounts 2024-53 k €
  3. 2023
    Annual accounts 2023269,4 €
  4. 2022
    Annual accounts 202257,8 k €
  5. 2021
    Annual accounts 202113 k €
  6. 2020
    Annual accounts 202023,3 k €
  7. 2019
    Annual accounts 2019-11,5 k €
  8. 2018
    Annual accounts 201812,1 k €
  9. 2017
    Annual accounts 201770,3 k €
  10. 2016
    Annual accounts 201664,3 k €
  11. 2015
    Annual accounts 201570,7 k €
  12. 2014
    Annual accounts 201446,4 k €
  13. 2013
    Annual accounts 20131,9 k €
  14. 2012
    Annual accounts 2012-36,1 k €
  15. 2011
    Annual accounts 2011-22,5 k €
  16. 2010
    Annual accounts 201014 k €
  17. 2009
    Annual accounts 2009349,7 €
  18. 2008
    Annual accounts 2008-52,5 k €
  19. 2007
    Annual accounts 2007-1,4 k €
  20. 20/12/1995
    IncorporationPrivate company with limited liability