ACTIVE

IRoAD

Financial year 2025 · Closed on 30/09/2025

Net result182 k €+161,8 %over 1 year
Gross margin358,6 k €+63,0 %over 1 year
Equity363,8 k €+6,4 %over 1 year
Workforce1,7 ETP+70,0 %over 1 year

Identity

Source · BCE/KBO

IRoAD is a Private company with limited liability incorporated in 2007. Its main activity is: Advertising agencies. Its registered office is in Uccle. It employs on average 1,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0886.115.883
Incorporation
04/01/2007
Legal form
Private company with limited liability
Registered office
Avenue des Chalets 28 box c
1180 Uccle · BruxellesSee on map
Contributed capital
30 000,00 €
Latest accounts
30/09/2025
Average workforce
1,7 ETP
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 18 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin358,6 k €220 k €210,2 k €155,1 k €124,5 k €
EBITDA207 k €95,8 k €96,2 k €54,1 k €50,5 k €
Operating result194,8 k €85,7 k €89,6 k €53 k €49,2 k €
Net result182 k €69,5 k €80,3 k €48,6 k €46,4 k €
Balance sheet
Equity363,8 k €341,8 k €332,3 k €332,1 k €328,5 k €
Total assets808,2 k €637,9 k €1 M €806,3 k €709,3 k €
Cash249,4 k €229,7 k €104,6 k €26,3 k €116,4 k €
Debts343,6 k €179,8 k €515,2 k €473,6 k €380,7 k €
Other
Workforce1,7 ETP1,0 ETP1,0 ETP1,0 ETP1,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
D.G.P.R. INVEST0452.533.011Represented by Patrick GRAUWELS
Directorsince 21/12/2016Managing director2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Joseph-Marc SCHULMAN
Manager2007 accounts
Marc SCHULMAN
Manager2014 accounts
Patrick GRAUWELS
Manager2015 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/10/202401/10/202301/10/202201/10/202101/10/202001/10/2019
Closing of the financial year30/09/202530/09/202430/09/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date22/05/202621/05/202514/05/202403/05/202311/05/202230/04/2021
General meeting19/05/202628/04/202525/04/202425/04/202326/04/202226/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model30/09/202519/05/202622/05/2026FrenchPDF
Abridged model30/09/202428/04/202521/05/2025FrenchPDF
Abridged model30/09/202325/04/202414/05/2024FrenchPDF
Abridged model30/09/202225/04/202303/05/2023FrenchPDF
Abridged model30/09/202126/04/202211/05/2022FrenchPDF
Abridged model30/09/202026/04/202130/04/2021FrenchPDF
Abridged model30/09/201927/04/202029/05/2020FrenchPDF
Abridged model30/09/201826/04/201929/05/2019FrenchPDF
Abridged model30/09/201702/05/201803/05/2018FrenchPDF
Abridged model31/12/201526/09/201630/09/2016FrenchPDF
Abridged model31/12/201430/06/201528/08/2015FrenchPDF
Abridged model31/12/201330/06/201427/08/2014FrenchPDF
Abridged model31/12/201228/06/201326/08/2013FrenchPDF
Abridged model31/12/201129/06/201230/08/2012FrenchPDF
Abridged model31/12/201030/06/201129/09/2011FrenchPDF
Abridged model31/12/200930/06/201031/08/2010FrenchPDF
Abridged model31/12/200830/06/200913/11/2009FrenchPDF
Abridged model31/12/200730/06/200828/08/2008FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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.

Board of directors

Source · NBB, accounts to 30/09/2025

1 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
D.G.P.R. INVEST0452.533.011Represented by Patrick GRAUWELS
Directorsince 21/12/2016Managing director2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Joseph-Marc SCHULMAN
Manager2007 accounts
Marc SCHULMAN
Manager2014 accounts
Patrick GRAUWELS
Manager2015 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates01/09/2026
    nomination d'administrateur
    PDF
  • Mandates19/01/2017
    DEMISSIONS, NOMINATIONS - ANNEE COMPTABLE
    PDF
  • Registered office12/11/2015
    SIEGE SOCIAL
    PDF
  • Mandates18/09/2015
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office31/08/2011
    TRANSFERT DU SIEGE SOCIAL
    PDF
  • Other11/01/2007
    CONSTITUTION
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
D.G.P.R. INVEST
Marc SCHULMAN
Patrick GRAUWELS
Joseph-Marc SCHULMAN
20072008200920102011201220132014201520162017201820192020202120222023202420252026
IRoAD
Avenue des Chalets 28 bte c, 1180 Uccle
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Avenue des Chalets 28 bte c, 1180 UccleCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00127787

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
IRoADCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00127787

Events

  1. 2025
    Annual accounts 2025182 k €↑
  2. 2024
    Annual accounts 202469,5 k €↓
  3. 2023
    Annual accounts 202380,3 k €↑
  4. 2022
    Annual accounts 202248,6 k €↑
  5. 2021
    Annual accounts 202146,4 k €↑
  6. 2020
    Annual accounts 202023,6 k €↓
  7. 2019
    Annual accounts 2019325,1 k €↓
  8. 2018
    Annual accounts 2018502,8 k €↑
  9. 2017
    Annual accounts 2017332,6 k €↑
  10. 2015
    Annual accounts 2015127,3 k €↑
  11. 2014
    Annual accounts 20141,9 k €↓
  12. 2013
    Annual accounts 20139,9 k €↑
  13. 2012
    Annual accounts 20122,7 k €↓
  14. 2011
    Annual accounts 20115,5 k €↓
  15. 2010
    Annual accounts 20106,6 k €↑
  16. 2009
    Annual accounts 20092,6 k €↓
  17. 2008
    Annual accounts 20087,7 k €↑
  18. 2007
    Annual accounts 20073,8 k €
  19. 04/01/2007
    IncorporationPrivate company with limited liability