IRISnet
0847.220.467 · rovalta.com · 21/09/2026
ACTIVE
IRISnet
Financial year 2025 · closed on 31/12/2025
Net result
1,3 M €
+53.2% YoY
Revenue
37,9 M €
-16.1% YoY
Equity
25 M €
+5.7% YoY
Workforce
47,1 ETP
+15.7% YoY
Overview
What does IRISnet do?
IRISnet is a Private limited company incorporated in 2012. Its main activity is: Construction of utility projects for electricity and telecommunications. Its registered office is in Woluwe-Saint-Pierre. It employs on average 47,1 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0847.220.467
Incorporation
06/07/2012
Legal form
Private limited company
Registered office
Avenue de Tervueren 270
1150 Woluwe-Saint-Pierre · BruxellesSee on map
1150 Woluwe-Saint-Pierre · BruxellesSee on map
Contributed capital
12 251 060,00 €
Latest accounts
31/12/2025
Average workforce
47,1 ETP
Activities (NACE)
Joint committees (2)
- 200
- 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 11 financial years
| 2025 | 2024 | 2023 | 2022 | 2020 | 2019 | 2018 | 2017 | 2016 | 2014 | 2013 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||
| Revenue | 37,9 M € | -16.1% | 45,2 M € | -5.2% | 47,7 M € | +6.9% | 44,6 M € | +20.8% | 36,9 M € | +25.9% | 29,3 M € | -19.3% | 36,3 M € | +75.8% | 20,7 M € | +132% | 8,9 M € | +10.1% | 8,1 M € | +5.9% | 7,6 M € |
| EBITDA | 5,6 M € | +10.5% | 5,1 M € | -10.0% | 5,6 M € | +5.6% | 5,3 M € | +9.9% | 4,8 M € | -7.5% | 5,2 M € | -10.9% | 5,9 M € | +56.2% | 3,8 M € | -3.8% | 3,9 M € | +429% | 739 k € | +59.7% | 462,7 k € |
| Operating result | 1,9 M € | +50.5% | 1,3 M € | -39.8% | 2,1 M € | +30.7% | 1,6 M € | +1.0% | 1,6 M € | -31.7% | 2,4 M € | -31.6% | 3,5 M € | +81.8% | 1,9 M € | +6.8% | 1,8 M € | +1502% | -126,8 k € | +65.7% | -369,4 k € |
| Net result | 1,3 M € | +53.2% | 875,9 k € | -43.7% | 1,6 M € | +38.1% | 1,1 M € | -1.4% | 1,1 M € | -27.5% | 1,6 M € | -34.6% | 2,4 M € | +101% | 1,2 M € | +2.8% | 1,2 M € | +748% | -180,1 k € | +49.7% | -358 k € |
| Balance sheet | |||||||||||||||||||||
| Equity | 25 M € | +5.7% | 23,6 M € | +3.8% | 22,8 M € | +7.3% | 21,2 M € | +10.9% | 19,1 M € | +5.5% | 18,1 M € | +9.5% | 16,5 M € | +15.4% | 14,3 M € | +8.3% | 13,2 M € | +13.0% | 11,7 M € | -1.5% | 11,9 M € |
| Total assets | 46 M € | -8.7% | 50,4 M € | -4.2% | 52,6 M € | -9.8% | 58,3 M € | +8.6% | 53,7 M € | +31.1% | 40,9 M € | -17.6% | 49,7 M € | +27.4% | 39 M € | +23.7% | 31,5 M € | +59.4% | 19,8 M € | +30.8% | 15,1 M € |
| Cash | 7,8 M € | +40.7% | 5,5 M € | -4.9% | 5,8 M € | -37.8% | 9,4 M € | +12.6% | 8,3 M € | +31.6% | 6,3 M € | -63.3% | 17,2 M € | +700% | 2,2 M € | +10.6% | 1,9 M € | +13.1% | 1,7 M € | +451% | 313,1 k € |
| Debts | 11,3 M € | -20.7% | 14,2 M € | +5.0% | 13,5 M € | -17.1% | 16,3 M € | -6.5% | 17,5 M € | +43.9% | 12,1 M € | -46.6% | 22,7 M € | +74.7% | 13 M € | +43.9% | 9 M € | +79.1% | 5,1 M € | +72.7% | 2,9 M € |
| Other | |||||||||||||||||||||
| Workforce | 47,1 ETP | +15.7% | 40,7 ETP | +15.0% | 35,4 ETP | -4.6% | 37,1 ETP | +7.5% | 34,5 ETP | +20.6% | 28,6 ETP | +7.9% | 26,5 ETP | +18.3% | 22,4 ETP | +16.1% | 19,3 ETP | +36.9% | 14,1 ETP | +22.6% | 11,5 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 50 M€ and 100 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 14 active · 76 ended
Active mandates
Pierre RUTTEN
ActiveNathalie PIGEOLET
ActiveMarnix TACK
ActiveEsteban BAEZ HELLER
ActivePatricia ABARCA DE LA FUENTE
ActiveSarah KAWAYA
ActiveAlexandre DERMINE
ActiveElisa BRUNO
ActiveJelmen HAAZE
ActiveMaurice BOHET
ActiveNicolas LOCOGE
ActivePaul-Marie DESSART
ActivePierre RENARD
ActiveXavier PICHON
ActiveEnded mandates
Esteban BAEZ HELLER
EndedLoubna AZGHOUD
EndedLoubna AZGHOUD
EndedMarie VANDERHEYDEN
EndedAt this address
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| Company | CBE no. |
|---|---|
| 0860.820.164 | |
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asd - ease● Liquidation | 0464.882.002 |
Awake Belgium● Active | 0502.683.494 |
BEIRESTONE 1● Active | 0759.959.564 |
BELLIARD III & IV PROPERTIES● Active | 0475.162.121 |
BESTONE● Active | 0670.681.160 |
BLEGAL● Active | 0501.773.773 |
Building Green One● Active | 0501.599.965 |
CAESAR CATERING● Active | 0744.520.530 |
COFINIMMO LEASE FINANCE● Active | 0475.161.032 |
Cofinimmo Offices● Active | 0755.538.641 |
COFINIMMO SERVICES● Active | 0437.018.652 |
COPADE● Active | 0631.930.353 |
DEGETEL Belgium● Active | 0568.897.674 |
ESSENSYS● Active | 0452.656.141 |
ESSENSYS PARTNERS● Active | 0870.408.021 |
Essensys Professionals● Active | 1005.439.741 |
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full model | Full model | Full 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 | 15/06/2026 | 13/06/2025 | 18/06/2024 | 15/06/2023 | 17/06/2022 | 22/06/2021 |
| General meeting | 11/06/2026 | 12/06/2025 | 13/06/2024 | 08/06/2023 | 09/06/2022 | 10/06/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
13 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 11/06/2026 | 15/06/2026 | French | |
| Full model | 31/12/2024 | 12/06/2025 | 13/06/2025 | French | |
| Full model | 31/12/2023 | 13/06/2024 | 18/06/2024 | French | |
| Full model | 31/12/2022 | 08/06/2023 | 15/06/2023 | French | |
| Full model | 31/12/2021 | 09/06/2022 | 17/06/2022 | French | |
| Full model | 31/12/2020 | 10/06/2021 | 22/06/2021 | French | |
| Full model | 31/12/2019 | 03/09/2020 | 17/09/2020 | French | |
| Full model | 31/12/2018 | 13/06/2019 | 18/06/2019 | French | |
| Full model | 31/12/2017 | 14/06/2018 | 28/06/2018 | French | |
| Full model | 31/12/2016 | 08/06/2017 | 03/07/2017 | French | |
| Full model | 31/12/2015 | 09/06/2016 | 04/07/2016 | French | |
| Full model | 31/12/2014 | 11/06/2015 | 15/07/2015 | French | |
| Full model | 31/12/2013 | 12/06/2014 | 25/06/2014 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 50 M€ and 100 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.
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
Governance
Board of directors
Seen on filing of 31/12/2025 · 14 active · 76 ended
Active mandates
Pierre RUTTEN
ActiveNathalie PIGEOLET
ActiveMarnix TACK
ActiveEsteban BAEZ HELLER
ActivePatricia ABARCA DE LA FUENTE
ActiveSarah KAWAYA
ActiveAlexandre DERMINE
ActiveElisa BRUNO
ActiveJelmen HAAZE
ActiveMaurice BOHET
ActiveNicolas LOCOGE
ActivePaul-Marie DESSART
ActivePierre RENARD
ActiveXavier PICHON
ActiveEnded mandates
Esteban BAEZ HELLER
EndedLoubna AZGHOUD
EndedLoubna AZGHOUD
EndedMarie VANDERHEYDEN
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- 14/09/2026—
- Mandates24/08/2026Cooptation d'un administrateur au sein du Conseil d'Administration de la
- Mandates14/08/2026Cooptation d'un administrateur au sein du Conseil d'Administration de la
- Mandates20/08/2025DEMISSIONS, NOMINATIONS
- Mandates20/08/2025DEMISSIONS, NOMINATIONS
- Mandates24/03/2025DEMISSIONS, NOMINATIONS
- Mandates24/03/2025DEMISSIONS, NOMINATIONS
- Registered office30/12/2024SIEGE SOCIAL
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20251,3 M €↑
- 12/06/2025nominationSRL BDO Bedrijfsrevisoren-BDO Reviseurs d'entreprises — commissaire
- 30/04/2025nominationMarnix Tack — administrateur public
- 2024Annual accounts 2024875,9 k €↓
- 06/12/2024nominationPatricia Abarca de la Fuente — administrateur public
- 06/12/2024nominationPatricia Abarca de la Fuente — administrateur et Présidente du Conseil d'Administration
- 13/06/2024nominationSarah Kawaya — administrateur
- 2023Annual accounts 20231,6 M €↑
- 2022Annual accounts 20221,1 M €↓
- 09/06/2022nominationRSM Interaudit SCRL — commissaire pour les comptes
- 2020Annual accounts 20201,1 M €↓
- 2019Annual accounts 20191,6 M €↓
- 2018Annual accounts 20182,4 M €↑
- 2017Annual accounts 20171,2 M €↑
- 2016Annual accounts 20161,2 M €↑
- 2014Annual accounts 2014-180,1 k €↑
- 2013Annual accounts 2013-358 k €
- 06/07/2012IncorporationPrivate limited company