ACTIVE

IORGU

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Financial year 2025 · closed on 31/03/2025

Net result

88,2 k €

+70.4% YoY

Gross margin

178,5 k €

+119.7% YoY

Equity

234,2 k €

+60.5% YoY

What does IORGU do?

IORGU is a Private limited company incorporated in 2010. Its main activity is: Retail sale of textiles in specialised stores. Its registered office is in Ixelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0831.991.764

Incorporation

17/12/2010

Legal form

Private limited company

Registered office

Avenue Armand Huysmans 192 box 7
1050 Ixelles · BruxellesSee on map

Contributed capital

6 200,00 €

Latest accounts

31/03/2025

Activities (NACE)

47519Retail sale of textiles in specialised stores· main 47519Retail sale of textiles in specialised stores 43990Other specialised construction activities n.e.c.43999Other specialised construction activities n.e.c.53200Other postal and courier activities 53200Other postal and courier activities+2

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 13 financial years

	2025		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012
Income statement
Gross margin	178,5 k €	+120%	81,3 k €	+17.2%	69,3 k €	+105%	33,9 k €	+347%	7,6 k €	-46.3%	14,1 k €	+741%	1,7 k €	-88.3%	14,3 k €	+833%	1,5 k €	-84.2%	9,7 k €	-24.6%	12,9 k €	-50.0%	25,7 k €	+147%	10,4 k €
EBITDA	143 k €	+78.3%	80,2 k €	+18.3%	67,8 k €	+102%	33,6 k €	+428%	6,4 k €	-51.4%	13,1 k €	+1577%	781 €	-94.5%	14,1 k €	+821%	1,5 k €	-83.9%	9,5 k €	-24.3%	12,6 k €	-49.9%	25,2 k €	+154%	9,9 k €
Operating result	133,8 k €	+77.9%	75,2 k €	+14.7%	65,6 k €	+104%	32,1 k €	+405%	6,4 k €	-30.1%	9,1 k €	+383%	-3,2 k €	-132%	10,1 k €	+560%	1,5 k €	-83.9%	9,5 k €	-24.0%	12,5 k €	-49.7%	24,9 k €	+163%	9,5 k €
Net result	88,2 k €	+70.4%	51,8 k €	+14.6%	45,2 k €	+104%	22,1 k €	+376%	4,6 k €	-19.6%	5,8 k €	+241%	-4,1 k €	-151%	8 k €	+2779%	278 €	-96.2%	7,4 k €	-43.6%	13,1 k €	-44.5%	23,6 k €	+199%	7,9 k €
Balance sheet
Equity	234,2 k €	+60.5%	145,9 k €	+55.0%	94,1 k €	+92.4%	48,9 k €	+82.7%	26,8 k €	+21.0%	22,1 k €	+35.3%	16,4 k €	-20.0%	20,4 k €	+10.9%	18,4 k €	+1.5%	18,2 k €	+8.3%	16,8 k €	+7.0%	15,7 k €	+94.0%	8,1 k €
Total assets	386,5 k €	+43.7%	269 k €	+35.1%	199,1 k €	+100%	99,4 k €	+71.3%	58 k €	+29.7%	44,7 k €	+33.7%	33,5 k €	-32.2%	49,4 k €	+125%	22 k €	-20.8%	27,7 k €	+25.6%	22,1 k €	-44.5%	39,8 k €	+168%	14,9 k €
Cash	345,9 k €	+62.4%	213 k €	+36.9%	155,5 k €	+175%	56,6 k €	+59.4%	35,5 k €	+1.8%	34,9 k €	+523%	5,6 k €	-77.5%	24,9 k €	+257%	7 k €	-52.5%	14,7 k €	+66.9%	8,8 k €	-31.1%	12,8 k €	+29.3%	9,9 k €
Debts	152,4 k €	+23.8%	123 k €	+17.2%	105 k €	+108%	50,4 k €	+61.6%	31,2 k €	+38.1%	22,6 k €	+32.1%	17,1 k €	-40.9%	28,9 k €	+714%	3,6 k €	-56.6%	8,2 k €	+54.2%	5,3 k €	-78.0%	24,1 k €	+255%	6,8 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 1 active · 3 ended

Active mandates

MIHAI JUSTIN IORGU

Mandate

Active

Ended mandates

CATALIN IORGU

Mandate

Ended

CATALIN IORGU

Manager

Ended

MIHAI IORGU

Mandate

Ended

At this address

Other companies at this address

Company	CBE no.
ABastin● Active	0750.778.911
association des copropriétaires de l'immeuble sis à Ixelles, avenue Armand Huysmans 190/192● Active	0671.728.364

Annual accounts

Full financial information

	2025	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/11/2023	01/11/2022	01/11/2021	01/11/2020	01/11/2019	01/11/2018
Closing of the financial year	31/03/2025	31/10/2023	31/10/2022	31/10/2021	31/10/2020	31/10/2019
Length of the financial year	17 months	12 months	12 months	12 months	12 months	12 months
Filing date	19/11/2025	28/06/2024	19/09/2023	21/06/2022	24/06/2021	30/06/2020
General meeting	03/09/2025	03/04/2024	26/04/2023	06/04/2022	07/04/2021	05/06/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

13 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/03/2025	03/09/2025	19/11/2025	French	PDF
Micro model	31/10/2023	03/04/2024	28/06/2024	French	PDF
Micro model	31/10/2022	26/04/2023	19/09/2023	French	PDF
Micro model	31/10/2021	06/04/2022	21/06/2022	French	PDF
Micro model	31/10/2020	07/04/2021	24/06/2021	French	PDF
Micro model	31/10/2019	05/06/2020	30/06/2020	French	PDF
Micro model	31/10/2018	03/04/2019	29/06/2019	French	PDF
Micro model	31/10/2017	04/04/2018	30/05/2018	French	PDF
Abridged model	31/10/2016	05/04/2017	13/06/2017	French	PDF
Abridged model	31/10/2015	30/03/2016	10/05/2016	French	PDF
Abridged model	31/10/2014	30/03/2015	31/07/2015	French	PDF
Abridged model	31/10/2013	02/04/2014	13/05/2014	French	PDF
Abridged model	31/10/2012	03/04/2013	24/05/2013	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 · 3 ended

Active mandates

MIHAI JUSTIN IORGU

Mandate

Active

Ended mandates

CATALIN IORGU

Mandate

Ended

CATALIN IORGU

Manager

Ended

MIHAI IORGU

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates20/03/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - OBJET - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Mandates26/02/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates10/05/2017
DEMISSIONS, NOMINATIONS
PDF
Registered office31/08/2016
SIEGE SOCIAL
PDF
Other28/12/2010
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 202588,2 k €↑
2023
Annual accounts 202351,8 k €↑
2022
Annual accounts 202245,2 k €↑
2021
Annual accounts 202122,1 k €↑
2020
Annual accounts 20204,6 k €↓
2019
Annual accounts 20195,8 k €↑
2018
Annual accounts 2018-4,1 k €↓
2017
Annual accounts 20178 k €↑
2016
Annual accounts 2016278 €↓
2015
Annual accounts 20157,4 k €↓
2014
Annual accounts 201413,1 k €↓
2013
Annual accounts 201323,6 k €↑
2012
Annual accounts 20127,9 k €
17/12/2010
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

IORGU

Overview

What does IORGU do?

Trend over 13 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