ACTIVE

IR PROJECTS

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Financial year 2025 · closed on 31/12/2025
Net result
36,6 k €
+51.8% YoY
Gross margin
288,9 k €
+28.8% YoY
Equity
193,4 k €
+11.8% YoY
Workforce
3,2 ETP
+60.0% YoY

What does IR PROJECTS do?

IR PROJECTS is a Private limited company incorporated in 2019. Its main activity is: Joinery installation. Its registered office is in Koekelare. It employs on average 3,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0717.542.355
Incorporation
02/01/2019
Legal form
Private limited company
Registered office
Ruifeldreef 1
8680 Koekelare · FlandreSee on map
Contributed capital
12 400,00 €
Latest accounts
31/12/2025
Average workforce
3,2 ETP
Activities (NACE)
43320Joinery installation· main43320Joinery installation43341Painting and glazing43341Painting and glazing
Joint committees (1)
  • 124
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120202019
Income statement
Gross margin288,9 k €224,2 k €197,9 k €116,4 k €74,4 k €23 k €55,2 k €
EBITDA127,4 k €126,3 k €103,1 k €74,3 k €37,4 k €14,7 k €34 k €
Operating result70,7 k €53,3 k €72,7 k €59,7 k €26,3 k €4,2 k €23,5 k €
Net result36,6 k €24,1 k €48,2 k €48,2 k €21 k €2,8 k €16,2 k €
Balance sheet
Equity193,4 k €173,1 k €148,9 k €100,7 k €52,5 k €31,5 k €28,6 k €
Total assets711,9 k €1,1 M €327,5 k €320,8 k €104,2 k €88,9 k €87,4 k €
Cash44,4 k €6,2 k €55,9 k €27,7 k €31,9 k €25,1 k €20,1 k €
Debts517 k €966,7 k €177,4 k €218,9 k €50,5 k €56,3 k €57,5 k €
Other
Workforce3,2 ETP2,0 ETP2,0 ETP1,0 ETP1,0 ETP0,3 ETP0,6 ETP
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 · 1 active · 6 ended

Active mandates

Renaud Iserentant

Director · since 05 septembre 2023

Active

Ended mandates

Renaud Iserentant

Chairman of the board of directors · since 01 janvier 2023

Ended
Renaud Iserentant

Chairman of the board of directors · since 01 janvier 2022

Ended
Renaud Iserentant

Chairman of the board of directors · since 01 janvier 2021

Ended
Renaud Iserentant

Managing director · since 01 janvier 2020

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date09/06/202604/08/202504/07/202425/07/202321/04/202228/04/2021
General meeting08/05/202627/06/202520/06/202430/06/202321/03/202218/03/2021
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

7 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202508/05/202609/06/2026DutchPDF
Abridged model31/12/202427/06/202504/08/2025DutchPDF
Abridged model31/12/202320/06/202404/07/2024DutchPDF
Abridged model31/12/202230/06/202325/07/2023DutchPDF
Abridged model31/12/202121/03/202221/04/2022DutchPDF
Abridged model31/12/202018/03/202128/04/2021DutchPDF
Abridged model31/12/201904/11/202016/12/2020DutchPDF
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 · 1 active · 6 ended

Active mandates

Renaud Iserentant

Director · since 05 septembre 2023

Active

Ended mandates

Renaud Iserentant

Chairman of the board of directors · since 01 janvier 2023

Ended
Renaud Iserentant

Chairman of the board of directors · since 01 janvier 2022

Ended
Renaud Iserentant

Chairman of the board of directors · since 01 janvier 2021

Ended
Renaud Iserentant

Managing director · since 01 janvier 2020

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates07/09/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office03/07/2019
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other04/01/2019
    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 202536,6 k €↑
  2. 2024
    Annual accounts 202424,1 k €↓
  3. 2023
    Annual accounts 202348,2 k €↓
  4. 2022
    Annual accounts 202248,2 k €↑
  5. 2021
    Annual accounts 202121 k €↑
  6. 2020
    Annual accounts 20202,8 k €↓
  7. 2019
    Annual accounts 201916,2 k €
  8. 02/01/2019
    IncorporationPrivate limited company