Bureau d'études IRCO
0461.941.021 · rovalta.com · 27/09/2026
NORMAL SITUATION
Bureau d'études IRCO
Company — Normal situation.
Financial year 2024 · Closed on 31/12/2024
Net result-497,4 k €-90,6 %over 1 year
Gross margin1,1 M €+55,7 %over 1 year
Equity-418,2 k €-628,3 %over 1 year
Workforce21,2 ETP+15,8 %over 1 year
Overview
Identity
Source · BCE/KBOBureau d'études IRCO is a company registered in Belgium. It employs on average 21,2 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0461.941.021
- Legal form
- Private limited company
- Contributed capital
- 18 592,01 €
- Latest accounts
- 31/12/2024
- Average workforce
- 21,2 ETP
Joint committees (2)
- 100
- 218
Signals
Healthy social debts
Financials
Source · NBB, 27 filingsTrend over 12 financial years
| 2024 | 2023 | 2022 | 2021 | 2019 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Gross margin | 1,1 M € | +55.7% | 732,4 k € | -20.8% | 924,4 k € | +28.1% | 721,4 k € | +59.2% | 453,2 k € |
| EBITDA | -378,4 k € | -53.9% | -245,9 k € | -268% | 146 k € | +22.7% | 119 k € | +31.4% | 90,5 k € |
| Operating result | -387,8 k € | -51.5% | -255,9 k € | -286% | 137,4 k € | +22.4% | 112,2 k € | +31.4% | 85,4 k € |
| Net result | -497,4 k € | -90.6% | -261 k € | -389% | 90,4 k € | +20.3% | 75,2 k € | +31.7% | 57,1 k € |
| Balance sheet | |||||||||
| Equity | -418,2 k € | -628% | 79,2 k € | -76.7% | 340,2 k € | +36.2% | 249,7 k € | +138% | 104,7 k € |
| Total assets | 1,2 M € | +3.5% | 1,1 M € | +25.5% | 904,3 k € | +9.5% | 826 k € | +68.7% | 489,5 k € |
| Cash | 126,7 k € | +354% | 27,9 k € | -79.7% | 137,5 k € | -59.0% | 335,3 k € | +198% | 112,7 k € |
| Debts | 1,6 M € | +50.9% | 1,1 M € | +87.1% | 564,2 k € | -2.1% | 576,2 k € | +49.8% | 384,7 k € |
| Other | |||||||||
| Workforce | 21,2 ETP | +15.8% | 18,3 ETP | +12.3% | 16,3 ETP | +33.6% | 12,2 ETP | +45.2% | 8,4 ETP |
Board of directors
Source · NBB, accounts to 31/12/20242 active · 9 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Eddy Willems | Director | until 29/02/2024 | 000 |
Michiel Boodts | Director | 00 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Lode Witters | Director | since 19/12/2019 | 00 |
Lode Witters | Manager | since 25/11/2009 | 00 |
Eddy Willems | Director | 000 | |
Lode Witters | Bestuurder | 00 |
Financials
Full financial information
Source · NBB| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged 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 | 21/11/2025 | 06/11/2024 | 03/07/2023 | 23/06/2022 | 06/07/2021 | 22/07/2020 |
| General meeting | 06/10/2025 | 04/11/2024 | 09/06/2023 | 10/06/2022 | 11/06/2021 | 12/06/2020 |
| 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, 27 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2024 | 06/10/2025 | 21/11/2025 | Dutch | |
| Abridged model | 31/12/2023 | 04/11/2024 | 06/11/2024 | Dutch | |
| Abridged model | 31/12/2022 | 09/06/2023 | 03/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 10/06/2022 | 23/06/2022 | Dutch | |
| Abridged model | 31/12/2020 | 11/06/2021 | 06/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 12/06/2020 | 22/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 14/06/2019 | 24/07/2019 | French | |
| Abridged model | 31/12/2017 | 08/06/2018 | 28/08/2018 | French | |
| Abridged model | 31/12/2016 | 09/06/2017 | 21/08/2017 | French | |
| Abridged model | 31/12/2015 | 10/06/2016 | 26/08/2016 | French | |
| Abridged model | 31/12/2014 | 12/06/2015 | 18/08/2015 | French | |
| Abridged model | 31/12/2013 | 13/06/2014 | 28/08/2014 | French | |
| Abridged model | 31/12/2012 | 14/06/2013 | 26/08/2013 | French | |
| Abridged model | 31/12/2011 | 08/06/2012 | 23/08/2012 | French | |
| Abridged model | 31/12/2010 | 10/06/2011 | 24/08/2011 | French | |
| Abridged model | 31/12/2009 | 11/06/2010 | 19/07/2010 | French | |
| Abridged model | 31/12/2008 | 12/06/2009 | 26/08/2009 | French | |
| Abridged model | 31/12/2007 | 13/06/2008 | 27/08/2008 | French | |
| Abridged model | 31/12/2006 | 08/06/2007 | 31/08/2007 | French | |
| Abridged model | 31/12/2005 | 09/06/2006 | 16/06/2006 | French | |
| Abridged model | 31/12/2004 | 10/06/2005 | 31/10/2005 | French | |
| Abridged model | 31/12/2003 | 11/06/2004 | 29/10/2004 | French | |
| Abridged model | 31/12/2002 | 13/06/2003 | 08/10/2003 | French | |
| Abridged model | 31/12/2001 | 14/06/2002 | 09/10/2002 | French | |
| Abridged model | 31/12/2000 | 08/06/2001 | 22/10/2001 | French | |
| Abridged model | 31/12/1999 | 09/06/2000 | 11/09/2000 | French | |
| Abridged model | 31/12/1998 | 11/06/1999 | 17/09/1999 | French |
Valuation
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.
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 · 9 ended
Active mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Eddy Willems | Director | until 29/02/2024 | 000 |
Michiel Boodts | Director | 00 |
Ended mandates
| Director | Function | Mandate | Other mandatescurrentendedstruck offbankruptcies |
|---|---|---|---|
Lode Witters | Director | since 19/12/2019 | 00 |
Lode Witters | Manager | since 25/11/2009 | 00 |
Eddy Willems | Director | 000 | |
Lode Witters | Bestuurder | 00 |
Ownership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Restructuring19/02/2026MET FUSIE GELIJKGESTELDE VERRICHTING (ZUSTERFUSIE) —
- Restructuring29/12/2025Neerlegging fusievoorstel
- Mandates17/12/2024Bekrachtiging ontslag bestuurder
- Other09/08/2023BENAMING
- Mandates29/11/2022DEMISSIONS, NOMINATIONS
- Other15/01/2020STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Other27/12/2019STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE
- Registered office27/05/2019SIEGE SOCIAL
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2024Annual accounts 2024-497,4 k €↓
- 2023Annual accounts 2023-261 k €↓
- 2023Name changeM-TECH WALLONIE
- 2022Annual accounts 202290,4 k €↑
- 2021Annual accounts 202175,2 k €↑
- 2019Annual accounts 201957,1 k €↑
- 2012Annual accounts 2012-41,4 k €↓
- 2011Annual accounts 201115,5 k €↑
- 2010Annual accounts 2010-45,5 k €↓
- 2009Annual accounts 20092,4 k €↑
- 2008Annual accounts 20082,2 k €↓
- 2007Annual accounts 20079,1 k €↑
- 2006Annual accounts 2006-10 k €
Registered offices
Source · NBB annual accounts, CBE| Registered address | Period | Source |
|---|---|---|
| Buro & Design Center 1 bte 16, 1020 Laeken | accounts 2024 | Accounts 2024 · 2025-00569081 |
| Buro & Design Center 1/16, 1020 Laeken | accounts 2023 | Accounts 2023 · 2024-00531142 |
| Buro & Design Center 1/16, 1000 Brussels | accounts 2022 | Accounts 2022 · 2023-00193611 |
| Buro & Design Center 1 bte 16, 1000 Brussels | accounts 2021 | Accounts 2021 · 2022-20090716 |
Company names
Source · NBB annual accounts, CBE| Name | Period | Source |
|---|---|---|
| M-TECH WALLONIE | accounts 2023 → 2024 | Accounts 2024 · 2025-00569081 |
| IRCO BUREAU D'ETUDES | accounts 2021 → 2022 | Accounts 2022 · 2023-00193611 |
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.