ACTIVE

iret development

Financial year 2025 · closed on 31/12/2025
Net result
-247,9 k €
+55.3% YoY
Revenue
10,2 M €
+720.0% YoY
Equity
-496,8 k €
-99.6% YoY
Workforce
5,7 ETP
-12.3% YoY

What does iret development do?

iret development is a Public limited company incorporated in 2007. Its main activity is: Development of building projects. Its registered office is in Antwerpen. It employs on average 5,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0894.404.732
Incorporation
21/12/2007
Legal form
Public limited company
Registered office
Lange Gasthuisstraat 35-37
2000 Antwerpen · FlandreSee on map
Contributed capital
750 000,00 €
Latest accounts
31/12/2025
Average workforce
5,7 ETP
Joint committees (1)
  • 200
Signals
Positive EBITDAHealthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220212020201920182017201620152014201320122011201020092008
Income statement
Revenue10,2 M €1,2 M €4 M €173,5 M €14,7 M €226,8 k €71,2 M €35,1 M €37,3 M €15 M €4,5 M €345,8 k €
EBITDA191 k €-524,8 k €-143,8 k €1,4 M €230 k €-1,1 M €496,7 k €1,2 M €5,7 M €1,6 M €-4,1 M €-1,1 M €-620,3 k €-402,6 k €666,6 k €-776,2 k €-264,8 k €-246,6 k €
Operating result-48,3 k €-458,9 k €-428,8 k €1,1 M €-44 k €-1,5 M €196 k €891,9 k €5,4 M €1,3 M €-4,2 M €-1,1 M €-623,4 k €-404,6 k €664,2 k €-780,7 k €-267,5 k €-249,1 k €
Net result-247,9 k €-554,5 k €-443,3 k €990,7 k €-38,4 k €-1,5 M €267,4 k €396,9 k €4,2 M €1,3 M €-4,9 M €-1,9 M €-1,3 M €-809,5 k €319,8 k €-965,7 k €-325,3 k €-262,3 k €
Balance sheet
Equity-496,8 k €-248,9 k €305,6 k €-3,1 M €-4,1 M €-4 M €-2,5 M €-2,7 M €-3,1 M €-7,3 M €-8,6 M €-3,6 M €-1,7 M €-463 k €-1,1 M €-1,5 M €-487,6 k €-162,3 k €
Total assets103,8 M €84 M €47,9 M €24,4 M €153,1 M €76,6 M €54,7 M €72 M €87,7 M €44 M €20,3 M €17,1 M €9,4 M €7,2 M €2,6 M €1,2 M €567 k €234,7 k €
Cash843,7 k €63,6 k €111 k €116,9 k €139,4 k €148 k €445,1 k €3,2 M €66,9 k €685,4 k €342,9 k €3,8 M €41,7 k €134,4 k €34,9 k €53,5 k €46,9 k €43,2 k €
Debts104,3 M €84,3 M €47,3 M €27,1 M €156,9 M €80,2 M €56,9 M €74,4 M €90,5 M €50,9 M €28,3 M €20,2 M €11,1 M €7,7 M €3,7 M €2,7 M €1,1 M €396,1 k €
Other
Workforce5,7 ETP6,5 ETP4,9 ETP6,1 ETP11,8 ETP11,9 ETP7,9 ETP5,8 ETP3,7 ETP1,0 ETP1,0 ETP1,4 ETP0,3 ETP0,1 ETP0,8 ETP0,8 ETP1,0 ETP0,7 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 · 2 active · 41 ended

Active mandates

INTERGERIM

Managing director · since 04 juin 2024 · until 04 juin 2030 · 0447.757.344

Represented by Eric De Vocht

Active
JOSTI

Director · since 07 septembre 2023 · until 06 septembre 2029 · 0447.824.551

Represented by MARYSE ODEURS

Active

Ended mandates

IRET INVESTMENT

Managing director · since 07 septembre 2023 · until 04 juin 2024 · 0447.846.129

Represented by ERIC DE VOCHT

Ended
IRET INVESTMENT

Managing director · since 07 septembre 2023 · until 06 septembre 2029 · 0447.846.129

Represented by ERIC DE VOCHT

Ended
ViBel

Director · since 07 juin 2022 · until 31 août 2022 · 0657.793.127

Represented by Carl-Philip De Villegas

Ended
ViBel

Director · since 08 juin 2021 · until 07 juin 2022 · 0657.793.127

Represented by Carl-Philip De Villegas

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date01/07/202611/07/202528/06/202413/07/202306/07/202214/06/2021
General meeting02/06/202603/06/202504/06/202406/06/202307/06/202208/06/2021
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

18 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202502/06/202601/07/2026DutchPDF
Full model31/12/202403/06/202511/07/2025DutchPDF
Full model31/12/202304/06/202428/06/2024DutchPDF
Full model31/12/202206/06/202313/07/2023DutchPDF
Full model31/12/202107/06/202206/07/2022DutchPDF
Full model31/12/202008/06/202114/06/2021DutchPDF
Full model31/12/201930/06/202010/07/2020DutchPDF
Full model31/12/201828/06/201911/07/2019DutchPDF
Full model31/12/201727/08/201831/08/2018DutchPDF
Full model31/12/201631/08/201731/08/2017DutchPDF
Full model31/12/201529/08/201631/08/2016DutchPDF
Full model31/12/201402/07/201508/07/2015DutchPDF
Abridged model31/12/201310/06/201427/08/2014DutchPDF
Abridged model31/12/201211/06/201303/10/2013DutchPDF
Abridged model31/12/201112/06/201231/08/2012DutchPDF
Abridged model31/12/201014/06/201123/09/2011DutchPDF
Abridged model31/12/200908/06/201006/08/2010DutchPDF
Abridged model31/12/200809/06/200927/08/2009DutchPDF
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 · 2 active · 41 ended

Active mandates

INTERGERIM

Managing director · since 04 juin 2024 · until 04 juin 2030 · 0447.757.344

Represented by Eric De Vocht

Active
JOSTI

Director · since 07 septembre 2023 · until 06 septembre 2029 · 0447.824.551

Represented by MARYSE ODEURS

Active

Ended mandates

IRET INVESTMENT

Managing director · since 07 septembre 2023 · until 04 juin 2024 · 0447.846.129

Represented by ERIC DE VOCHT

Ended
IRET INVESTMENT

Managing director · since 07 septembre 2023 · until 06 septembre 2029 · 0447.846.129

Represented by ERIC DE VOCHT

Ended
ViBel

Director · since 07 juin 2022 · until 31 août 2022 · 0657.793.127

Represented by Carl-Philip De Villegas

Ended
ViBel

Director · since 08 juin 2021 · until 07 juin 2022 · 0657.793.127

Represented by Carl-Philip De Villegas

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates13/08/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/09/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/05/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/04/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring24/10/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates30/08/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring09/07/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Mandates06/05/2019
    ONTSLAGEN - BENOEMINGEN
    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 2025-247,9 k €
  2. 2024
    Annual accounts 2024-554,5 k €
  3. 04/06/2024
    nominationINTERGERIM NV — bestuurder
  4. 04/06/2024
    reconductionEY Bedrijfsrevisoren BV — commissaris
  5. 04/06/2024
    nominationINTERGERIM NV — gedelegeerd bestuurder
  6. 2023
    Annual accounts 2023-443,3 k €
  7. 2022
    Annual accounts 2022990,7 k €
  8. 2021
    Annual accounts 2021-38,4 k €
  9. 2020
    Annual accounts 2020-1,5 M €
  10. 2019
    Annual accounts 2019267,4 k €
  11. 2018
    Annual accounts 2018396,9 k €
  12. 2017
    Annual accounts 20174,2 M €
  13. 2016
    Annual accounts 20161,3 M €
  14. 2015
    Annual accounts 2015-4,9 M €
  15. 2014
    Annual accounts 2014-1,9 M €
  16. 2013
    Annual accounts 2013-1,3 M €
  17. 2012
    Annual accounts 2012-809,5 k €
  18. 2011
    Annual accounts 2011319,8 k €
  19. 2010
    Annual accounts 2010-965,7 k €
  20. 2009
    Annual accounts 2009-325,3 k €
  21. 2008
    Annual accounts 2008-262,3 k €
  22. 21/12/2007
    IncorporationPublic limited company