ACTIVE

irco

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Financial year 2025 · closed on 31/12/2025
Net result
2,5 k €
+81.8% YoY
Gross margin
64,4 k €
-0.9% YoY
Equity
33,5 k €
+8.0% YoY
Workforce
1,0 ETP

What does irco do?

irco is a Private limited company incorporated in 2014. Its main activity is: Development of building projects. Its registered office is in Herentals. It employs on average 1,0 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0562.736.491
Incorporation
28/08/2014
Legal form
Private limited company
Registered office
Atealaan(HRT) 34
2200 Herentals · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
41101Development of building projects· main43240Electrical, plumbing and other construction installation activities43299Other construction installation68121Buying and selling of own real estate43990Other specialised construction activities n.e.c.43995Other specialised construction activities n.e.c.
Joint committees (1)
  • 200
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212018201720162015
Income statement
Gross margin64,4 k €64,9 k €62,8 k €112,3 k €53,7 k €68,3 k €25,7 k €-15,8 k €15,5 k €
EBITDA5,3 k €8 k €7,2 k €59,6 k €5,8 k €26,2 k €25,4 k €-15,9 k €15 k €
Operating result3,7 k €6,3 k €5,5 k €57,5 k €3,3 k €19,1 k €19,3 k €-21,7 k €6,4 k €
Net result2,5 k €1,4 k €235,3 €5 k €3,2 k €2,5 k €15,9 k €-24,8 k €4,2 k €
Balance sheet
Equity33,5 k €31 k €29,6 k €29,4 k €24,4 k €16,4 k €13,9 k €-2 k €22,8 k €
Total assets546,8 k €361,2 k €300,4 k €1,4 M €1,3 M €509,7 k €257,3 k €153,1 k €86 k €
Cash158,7 k €149,5 k €95,6 k €14,6 k €5,9 k €11 k €7,4 k €11,8 k €10,2 k €
Debts502,7 k €330,2 k €270,7 k €1,4 M €1,3 M €493,3 k €243,4 k €155,2 k €63,2 k €
Other
Workforce1,0 ETP––1,0 ETP1,0 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 · 1 active · 7 ended

Active mandates

irex

Director · since 19 décembre 2023 · 0846.339.054

Represented by De Swert Wim

Active

Ended mandates

irex

Managing director · since 28 août 2014 · 0846.339.054

Represented by Wim De Swert

Ended
irex

Managing director · since 28 août 2014 · 0846.339.054

Represented by Wim De Swert

Ended
irex

Bestuurder · since 28 août 2014 · 0846.339.054

Represented by Wim De Swert

Ended
irex

Director · 0846.339.054

Represented by Wim De Swert

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelMicro modelMicro modelAbridged modelAbridged modelMicro model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date18/09/202626/11/202530/09/202414/09/202317/10/202231/08/2021
General meeting27/08/202620/06/202521/06/202416/06/202317/06/202218/06/2021
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

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/08/202618/09/2026DutchPDF
Micro model31/12/202420/06/202526/11/2025DutchPDF
Micro model31/12/202321/06/202430/09/2024DutchPDF
Abridged modelCorrection31/12/202216/06/202314/09/2023DutchPDF
Abridged model31/12/202216/06/202331/08/2023DutchPDF
Abridged model31/12/202117/06/202217/10/2022DutchPDF
Micro model31/12/202018/06/202131/08/2021DutchPDF
Micro model31/12/201919/06/202030/09/2020DutchPDF
Micro model31/12/201821/06/201930/08/2019DutchPDF
Micro model31/12/201715/06/201830/08/2018DutchPDF
Micro model31/12/201616/06/201731/08/2017DutchPDF
Abridged model31/12/201517/06/201628/08/2016DutchPDF
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 · 1 active · 7 ended

Active mandates

irex

Director · since 19 décembre 2023 · 0846.339.054

Represented by De Swert Wim

Active

Ended mandates

irex

Managing director · since 28 août 2014 · 0846.339.054

Represented by Wim De Swert

Ended
irex

Managing director · since 28 août 2014 · 0846.339.054

Represented by Wim De Swert

Ended
irex

Bestuurder · since 28 août 2014 · 0846.339.054

Represented by Wim De Swert

Ended
irex

Director · 0846.339.054

Represented by Wim De Swert

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates05/02/2024
    WIJZIGING RECHTSVORM - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office30/11/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other26/09/2014
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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 20252,5 k €↑
  2. 2024
    Annual accounts 20241,4 k €↑
  3. 2023
    Annual accounts 2023235,3 €↓
  4. 2022
    Annual accounts 20225 k €↑
  5. 2021
    Annual accounts 20213,2 k €↑
  6. 2018
    Annual accounts 20182,5 k €↓
  7. 2017
    Annual accounts 201715,9 k €↑
  8. 2016
    Annual accounts 2016-24,8 k €↓
  9. 2015
    Annual accounts 20154,2 k €
  10. 28/08/2014
    IncorporationPrivate limited company