ACTIVE

IREAS

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Financial year 2025 · closed on 31/12/2025

Net result

37,8 k €

+61.3% YoY

Gross margin

58,7 k €

+56.7% YoY

Equity

81,7 k €

+86.1% YoY

What does IREAS do?

IREAS is a Private limited company incorporated in 2002. Its main activity is: Development of building projects. Its registered office is in Kruisem.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0476.739.162

Incorporation

22/01/2002

Legal form

Private limited company

Registered office

Alfred Amelotstraat 31
9750 Kruisem · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Activities (NACE)

41101Development of building projects· main 68121Buying and selling of own real estate 70111Activities of head offices 41102Development of building projects 68100Buying and selling of own real estate 68110Buying and selling of own real estate+3

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	58,7 k €	+56.7%	37,5 k €	+2881%	-1,3 k €	-119%	7 k €	-29.2%	9,9 k €	+211%	-8,9 k €	-106%	158,6 k €	+223%	49,1 k €	-49.7%	97,7 k €	+146%	39,6 k €	+64.3%	24,1 k €	+10.8%	21,8 k €	+1.0%	21,5 k €	+0.9%	21,3 k €	+70.5%	12,5 k €	+1681%	-792,3 €	-138%	2,1 k €	+185%	-2,4 k €
EBITDA	54,8 k €	+50.2%	36,4 k €	+2564%	-1,5 k €	-121%	6,9 k €	-29.6%	9,8 k €	+199%	-9,9 k €	-106%	155,1 k €	+292%	39,5 k €	-57.5%	93,1 k €	+219%	29,2 k €	+166%	11 k €	-40.9%	18,6 k €	+6.9%	17,4 k €	+0.5%	17,3 k €	+66.5%	10,4 k €	+646%	-1,9 k €	-275%	1,1 k €	+125%	-4,3 k €
Operating result	51,6 k €	+56.0%	33,1 k €	+872%	-4,3 k €	-200%	4,3 k €	-45.3%	7,8 k €	+169%	-11,3 k €	-107%	154,2 k €	+682%	19,7 k €	-73.4%	74 k €	+984%	6,8 k €	+164%	-10,7 k €	-245%	-3,1 k €	+28.0%	-4,3 k €	+1.9%	-4,4 k €	+60.9%	-11,3 k €	-121%	-5,1 k €	-141%	-2,1 k €	+71.9%	-7,5 k €
Net result	37,8 k €	+61.3%	23,4 k €	+113%	11 k €	+163%	4,2 k €	-87.4%	33,3 k €	+383%	-11,8 k €	-112%	101,8 k €	+734%	12,2 k €	-70.1%	40,8 k €	+658%	-7,3 k €	+73.3%	-27,4 k €	-50.3%	-18,2 k €	+18.2%	-22,3 k €	-1.5%	-21,9 k €	-836%	-2,3 k €	+67.9%	-7,3 k €	-69.3%	-4,3 k €	+56.1%	-9,8 k €
Balance sheet
Equity	81,7 k €	+86.1%	43,9 k €	+115%	20,5 k €	-79.8%	101,5 k €	+4.3%	97,3 k €	+52.1%	64 k €	-15.6%	75,7 k €	-38.9%	124 k €	+424%	-38,2 k €	-154%	70,3 k €	-9.4%	77,7 k €	-26.1%	105 k €	+352%	23,2 k €	-48.9%	45,5 k €	-32.5%	67,4 k €	-3.4%	69,8 k €	+152%	27,7 k €	-13.5%	32 k €
Total assets	393,2 k €	+11.9%	351,5 k €	+14.7%	306,4 k €	-1.7%	311,7 k €	+3.6%	300,8 k €	-4.7%	315,6 k €	-37.9%	508 k €	-29.9%	724,8 k €	+74.2%	416 k €	-19.2%	514,9 k €	-0.4%	516,9 k €	-4.6%	542 k €	+16.2%	466,3 k €	-3.1%	481,1 k €	-4.9%	505,8 k €	+234%	151,4 k €	+31.1%	115,5 k €	-15.2%	136,1 k €
Cash	30,9 k €	-46.5%	57,8 k €	+2264%	2,4 k €	+74.4%	1,4 k €	-48.0%	2,7 k €	+838%	287 €	-99.8%	171,7 k €	+2451%	6,7 k €	-14.1%	7,8 k €	+103%	3,9 k €	-48.9%	7,6 k €	+86.1%	4,1 k €	-31.4%	5,9 k €	+395%	1,2 k €	-79.6%	5,8 k €	-80.2%	29,6 k €	-14.6%	34,7 k €	+25.0%	27,7 k €
Debts	311,5 k €	+1.3%	307,6 k €	+7.6%	286 k €	+69.6%	168,6 k €	+4.2%	161,9 k €	-12.2%	184,4 k €	-49.5%	364,9 k €	-36.5%	575,1 k €	+34.2%	428,5 k €	-3.6%	444,6 k €	+1.2%	439,2 k €	+0.5%	436,9 k €	-1.4%	443 k €	+1.8%	435 k €	-0.8%	438,4 k €	+508%	72,1 k €	-6.0%	76,7 k €	-18.9%	94,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 7 ended

Active mandates

Katrien Vandenberghe

Director · since 19 décembre 2023

Active

Ortwin Carron

Director · since 18 février 2019

Active

Ended mandates

Ine Verstraete

Manager · since 01 février 2016

Ended

Gerland CARRON

Manager · since 22 janvier 2002 · until 01 février 2016

Ended

Gerland CARRON

Manager · since 22 janvier 2002

Ended

Ine Verstraete

Manager

Ended

At this address

Other companies at this address

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Sports Performance Rugby Cycling● Active	0794.585.594

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	31/08/2026	10/09/2025	30/09/2024	30/08/2023	26/08/2022	30/08/2021
General meeting	05/06/2026	05/06/2025	05/06/2024	05/06/2023	07/06/2022	05/06/2021
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
Micro model	31/12/2025	05/06/2026	31/08/2026	Dutch	PDF
Micro model	31/12/2024	05/06/2025	10/09/2025	Dutch	PDF
Micro model	31/12/2023	05/06/2024	30/09/2024	Dutch	PDF
Micro model	31/12/2022	05/06/2023	30/08/2023	Dutch	PDF
Micro model	31/12/2021	07/06/2022	26/08/2022	Dutch	PDF
Micro model	31/12/2020	05/06/2021	30/08/2021	Dutch	PDF
Micro model	31/12/2019	05/06/2020	09/12/2020	Dutch	PDF
Micro model	31/12/2018	05/06/2019	31/08/2019	Dutch	PDF
Micro model	31/12/2017	05/06/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	06/06/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	22/07/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	30/06/2015	Dutch	PDF
Abridged model	31/12/2013	05/06/2014	29/08/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	30/09/2013	Dutch	PDF
Abridged model	31/12/2011	05/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	05/06/2011	29/06/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	29/09/2010	Dutch	PDF
Abridged model	31/12/2008	05/06/2009	15/10/2009	Dutch	PDF
Abridged model	31/12/2007	05/06/2008	14/10/2008	Dutch	PDF
Abridged model	31/12/2006	31/12/2007	14/01/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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 · 2 active · 7 ended

Active mandates

Katrien Vandenberghe

Director · since 19 décembre 2023

Active

Ortwin Carron

Director · since 18 février 2019

Active

Ended mandates

Ine Verstraete

Manager · since 01 février 2016

Ended

Gerland CARRON

Manager · since 22 janvier 2002 · until 01 février 2016

Ended

Gerland CARRON

Manager · since 22 janvier 2002

Ended

Ine Verstraete

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates01/02/2024
BENAMING - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates19/04/2019
MAATSCHAPPELIJKE ZETEL - ADRESSEN ANDERS DAN MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/05/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
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 202537,8 k €↑
2024
Annual accounts 202423,4 k €↑
2023
Annual accounts 202311 k €↑
2023
Name changeIREAS
2022
Annual accounts 20224,2 k €↓
2021
Annual accounts 202133,3 k €↑
2021
Name changeIMMOBELCA
2020
Annual accounts 2020-11,8 k €↓
2019
Annual accounts 2019101,8 k €↑
2018
Annual accounts 201812,2 k €↓
2017
Annual accounts 201740,8 k €↑
2016
Annual accounts 2016-7,3 k €↑
2015
Annual accounts 2015-27,4 k €↓
2014
Annual accounts 2014-18,2 k €↑
2013
Annual accounts 2013-22,3 k €↓
2012
Annual accounts 2012-21,9 k €↓
2011
Annual accounts 2011-2,3 k €↑
2010
Annual accounts 2010-7,3 k €↓
2009
Annual accounts 2009-4,3 k €↑
2008
Annual accounts 2008-9,8 k €
22/01/2002
IncorporationPrivate 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

IREAS

Overview

What does IREAS 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