IFRA (0447.979.256): financials and annual accounts

IFRA

Kapellen ·KBO/BCE: BE 0447.979.256

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
Total assets`20/58`	181,735	192,420	204,300	215,033	226,339	237,645	250,021	261,110	277,367	286,880	300,347	317,912	330,670	349,701	391,523	279,518	246,300	244,983	247,865	91,161
Fixed assets`21/28`	181,114	192,420	203,726	215,032	226,339	237,645	248,951	260,257	271,864	284,585	297,307	312,161	325,694	339,405	342,956	272,024	240,133	235,812	242,450	37,921
Tangible fixed assets`22/27`	181,114	192,420	203,726	215,032	226,339	237,645	248,951	260,257	271,864	284,585	297,307	310,711	324,244	337,955	341,506	270,574	238,683	234,362	241,000	37,921
Land and buildings`22`	181,114	192,420	203,726	215,032	226,339	237,645	248,951	260,257	271,864	284,585	297,307	310,219	323,130	336,042	338,567	268,370	228,677	214,651	211,212	-
Plant, machinery and equipment`23`	-	-	-	-	-	-	-	-	-	-	-	492	984	1,594	2,430	1,404	2,396	5,292	7,735	8,234
Furniture and vehicles`24`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,520	13,039	19,559	26,078
Other tangible fixed assets`26`	-	-	-	-	-	-	-	-	-	0	0	0	130	320	510	800	1,090	1,381	2,495	3,608
Financial fixed assets`28`	-	-	-	-	-	-	-	-	-	-	-	1,450	1,450	1,450	1,450	1,450	1,450	1,450	1,450	-
Current assets`29/58`	622	0	574	0	0	0	1,070	853	5,503	2,295	3,040	5,752	4,976	10,296	48,567	7,494	6,168	9,171	5,415	53,240
Stocks and contracts in progress`3`	-	-	-	-	-	-	-	-	-	-	1,250	4,780	1,382	1,382	1,758	1,492	1,538	1,538	1,469	1,725
Stocks`30/36`	-	-	-	-	-	-	-	-	-	-	1,250	4,780	1,382	1,382	1,758	1,492	1,538	1,538	1,469	1,725
Amounts receivable within one year`40/41`	-	-	574	-	-	-	229	12	23	950	301	647	-	1,222	1,533	330	37	86	63	5,407
Trade receivables`40`	-	-	574	-	-	-	-	-	-	-	278	-	-	-	-	330	-	-	-	-
Other amounts receivable`41`	-	-	-	-	-	-	229	12	23	950	23	647	-	1,222	1,533	-	37	86	63	5,407
Current investments`50/53`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,156	1,156	37,165
Cash at bank and in hand`54/58`	0	0	0	0	0	0	841	841	5,480	1,345	1,489	324	3,594	7,692	45,276	5,672	4,592	6,391	2,727	8,943
Deferred charges and accrued income`490/1`	621	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	181,735	192,420	204,300	215,033	226,339	237,645	250,021	261,110	277,367	286,880	300,347	317,912	330,670	349,701	391,523	279,518	246,300	244,983	247,865	91,161
Equity`10/15`	-59,850	-44,602	-28,823	-12,262	4,143	21,353	35,522	52,748	77,554	66,321	61,732	62,014	82,450	85,891	91,282	79,203	67,935	-27,927	-21,063	3,203
Contributions`10/11`	93,580	93,580	93,580	93,580	93,580	93,580	93,580	93,580	93,580	93,580	93,580	93,580	93,580	93,580	93,580	93,580	93,580	6,200	6,200	6,200
Issued capital`100`	-	-	-	-	-	-	93,580	93,580	93,580	93,580	93,580	93,580	93,580	93,580	93,580	93,580	93,580	18,592	18,592	18,592
Uncalled capital`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	12,392	12,392	12,392
Reserves`13`	-	-	-	1,859	1,859	8,275	8,275	8,275	8,275	8,275	8,275	8,275	8,275	8,275	8,275	8,275	8,275	8,275	8,275	8,275
Non-distributable reserves`130/1`	-	-	-	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859	1,859
Reserves not available under the articles`1311`	-	-	-	1,859	1,859	1,859	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	-	-	-	-	-	6,416	6,416	6,416	6,416	6,416	6,416	6,416	6,416	6,416	6,416	6,416	6,416	6,416	6,416	6,416
Profit (loss) carried forward`14`	-153,430	-138,182	-122,403	-107,701	-91,295	-80,501	-66,333	-49,107	-24,300	-35,534	-40,122	-39,840	-19,405	-15,963	-10,573	-22,652	-33,920	-42,402	-35,538	-11,271
Amounts payable`17/49`	241,586	237,022	233,123	227,295	222,195	216,292	214,499	208,363	199,812	220,559	238,614	255,898	248,220	263,810	300,241	200,315	178,365	272,910	268,928	87,957
Amounts payable after more than one year`17`	-	-	11,365	24,372	36,725	48,457	59,598	70,178	80,227	89,769	117,597	146,288	180,273	216,894	252,628	163,785	137,735	159,123	183,033	26,052
Financial debts`170/4`	-	-	11,365	24,372	36,725	48,457	59,598	70,178	80,227	89,769	117,597	146,288	180,273	213,139	248,873	160,031	133,981	154,369	178,329	21,672
Other amounts payable`178/9`	-	-	-	-	-	-	-	-	-	-	-	-	-	3,754	3,754	3,754	3,754	4,754	4,704	4,379
Amounts payable within one year`42/48`	241,586	237,022	221,759	202,923	185,319	167,835	154,902	138,184	119,586	130,790	121,018	109,610	67,947	46,917	47,614	36,529	40,630	113,787	85,895	61,906
Current portion of amounts payable after more than one year`42`	-	11,365	13,008	12,353	11,731	11,141	10,581	10,048	9,543	27,827	33,396	41,915	34,292	35,589	34,360	21,956	20,388	23,960	24,686	9,345
Financial debts`43`	2,649	4,921	4,838	4,879	4,568	4,274	4,841	4,467	-	4,785	3,865	2,343	-	-	-	-	-	-	-	-
Credit institutions`430/8`	2,649	4,921	4,838	4,879	4,568	4,274	4,841	4,467	-	4,785	3,865	2,343	-	-	-	-	-	-	-	-
Trade debts`44`	-	-	-	1,078	1,057	1,058	957	1,068	2,617	1,748	2,179	2,375	-	2,901	4,667	3,950	4,278	6,406	1,168	1,838
Suppliers`440/4`	-	-	-	1,078	1,057	1,058	957	1,068	2,617	1,748	2,179	2,375	-	2,901	4,667	3,950	4,278	6,406	1,168	1,838
Taxes, remuneration and social security`45`	-	-	-	-	-	-	-	118	2,291	674	1,422	1,224	3,278	6,382	6,542	5,087	4,877	2,972	5,307	4,469
Taxes`450/3`	-	-	-	-	-	-	-	118	2,284	382	999	471	1,633	2,268	2,398	1,572	2,811	1,363	866	209
Remuneration and social security`454/9`	-	-	-	-	-	-	-	-	7	292	423	753	1,645	4,114	4,144	3,515	2,065	1,609	4,441	4,260
Other amounts payable`47/48`	238,937	220,737	203,914	184,614	167,963	151,363	138,523	122,483	105,136	95,756	80,156	61,753	30,377	2,045	2,045	5,537	11,087	80,449	54,735	46,253
Accrued charges and deferred income`492/3`	-	-	-	-	151	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income statement
Non-recurring operating income`76A`	-	-	-	-	-	-	-	-	12,831	-	-	-	-	-	-	-	-	-	-	-
Gross operating margin`9900`	-1,264	-1,186	-2,477	-936	-694	-166	-121	-2,572	33,665	31,869	34,349	23,470	46,664	55,502	73,231	66,520	52,161	41,168	34,589	26,826
Remuneration, social security and pensions`62`	-	-	-	-	-	-	-	-36	359	2,276	6,555	13,453	19,168	27,791	27,399	20,199	13,904	12,208	20,377	21,189
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	11,306	11,306	11,306	11,306	11,306	11,306	11,306	11,606	12,722	12,722	13,404	13,533	13,711	13,938	14,291	17,451	17,082	18,927	17,726	10,527
Other operating charges`640/8`	1,703	1,652	1,596	1,455	1,620	1,608	1,533	5,703	3,434	4,041	5,777	6,967	4,582	7,103	6,070	7,669	5,646	7,632	5,885	7,916
Operating profit (loss)`9901`	-14,273	-14,144	-15,379	-13,698	-13,620	-13,080	-12,961	-19,845	17,151	12,830	8,612	-10,484	9,203	6,671	25,472	21,200	15,529	2,400	-9,398	-12,806
Financial income`75/76B`	-	-	1,068	-	-	3,045	240	-	0	-	306	-	8	266	145	115	67	24	198	1,140
Recurring financial income`75`	-	-	1,068	-	-	0	240	-	0	-	306	-	8	266	145	115	67	24	198	1,140
Non-recurring financial income`76B`	-	-	-	-	-	3,045	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial charges`65/66B`	975	1,635	2,249	2,708	3,590	4,051	4,600	4,962	5,917	7,928	9,083	9,834	12,536	12,186	13,536	10,047	7,113	9,459	13,579	1,257
Recurring financial charges`65`	975	1,635	2,249	2,708	3,590	4,051	4,600	4,962	5,917	7,928	9,083	9,834	12,536	12,186	13,536	10,047	7,113	9,459	13,579	1,257
Profit (loss) for the period before taxes`9903`	-15,248	-15,779	-16,561	-16,406	-17,210	-14,085	-17,321	-24,807	11,233	4,902	-164	-20,317	-3,325	-5,250	12,081	11,268	8,483	-7,035	-22,780	-12,923
Income taxes`67/77`	-	-	-	-	-	83	-95	-	-	313	118	118	116	141	2	0	0	-171	1,486	4,029
Profit (loss) for the period`9904`	-15,248	-15,779	-16,561	-16,406	-17,210	-14,169	-17,226	-24,807	11,233	4,589	-282	-20,435	-3,442	-5,391	12,079	11,268	8,483	-6,864	-24,266	-16,952
Profit (loss) for the period to be appropriated`9905`	-15,248	-15,779	-16,561	-16,406	-17,210	-14,169	-17,226	-24,807	11,233	4,589	-282	-20,435	-3,442	-5,391	12,079	11,268	8,483	-6,864	-24,266	-16,952
Appropriation of the result
Profit (loss) to be appropriated`9906`	-153,430	-138,182	-124,262	-107,701	-97,711	-80,501	-66,333	-49,107	-24,300	-35,534	-40,122	-39,840	-19,405	-15,963	-10,573	-22,652	-33,920	-42,402	-35,538	-11,271
Profit (loss) brought forward from the previous period`14P`	-138,182	-122,403	-107,701	-91,295	-80,501	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	-	1,859	-	6,416	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	-	-	-	-	-	-	0.3	0.6	0.8	1	1.2	0.8	0.7	0.7	0.7	0.8
Hours worked`1013`	-	-	-	-	-	-	-	-	-	-	318	742	904	1,285	1,300	969	713	632	1,236	1,515
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Financial year	Type	Filed	Reference	Document
31-12-2025	micro format	31-08-2026	2026-00459572	PDF
31-12-2024	micro format	03-07-2025	2025-00222810	PDF
31-12-2023	micro format	24-07-2024	2024-00287936	PDF
31-12-2022	micro format	19-07-2023	2023-00249196	PDF
31-12-2021	micro format	31-08-2022	2022-20358821	PDF
31-12-2020	micro format	31-08-2021	2021-58400130	PDF
31-12-2019	micro format	09-10-2020	2020-60100264	PDF
31-12-2018	micro format	31-07-2019	2019-40600365	PDF
31-12-2017	micro format	13-07-2018	2018-32100082	PDF
31-12-2016	micro format	28-07-2017	2017-36500526	PDF
31-12-2015	abbreviated format	25-07-2016	2016-34300444	PDF
31-12-2014	abbreviated format	28-07-2015	2015-34700471	PDF
31-12-2013	abbreviated format	30-06-2014	2014-22800555	PDF
31-12-2012	abbreviated format	31-07-2013	2013-36900567	PDF
31-12-2011	abbreviated format	26-07-2012	2012-33500306	PDF
31-12-2010	abbreviated format	29-07-2011	2011-34500487	PDF
31-12-2009	abbreviated format	29-06-2010	2010-22500130	PDF
31-12-2008	abbreviated format	27-07-2009	2009-46500285	PDF
31-12-2007	abbreviated format	25-07-2008	2008-45600056	PDF
31-12-2006	abbreviated format	02-07-2007	2007-31500061	PDF
31-12-2005	abbreviated format	28-07-2006	2006-57003377	PDF
31-12-2004	abbreviated format	29-06-2005	2005-37003762	PDF
31-12-2003	abbreviated format	18-11-2004	2004-79700987	PDF
31-12-2002	abbreviated format	15-09-2003	2003-66700536	PDF
31-12-2001	abbreviated format	01-10-2002	2002-61103636	PDF
31-12-2000	abbreviated format	02-10-2001	2001-61001108	PDF
31-12-1999	abbreviated format	25-07-2000	2000-45602924	PDF
31-12-1998	abbreviated format	16-07-1999	1999-34503620	PDF
31-12-1997	abbreviated format	02-07-1998	1998-28204655	PDF
31-12-1996	abbreviated format	22-07-1997	1997-31705104	PDF
31-12-1995	abbreviated format	15-07-1996	1996-32502460	PDF
31-12-1994	abbreviated format	05-07-1995	1995-35701864	PDF
31-12-1993	abbreviated format	04-08-1994	1994-34404375	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
EBITDA	-2,967	-2,838	-4,073	-2,391	-2,314	-1,774	-1,655	-8,239	29,872	25,551	22,016	3,050	22,914	20,608	39,763	38,651	32,611	21,328	8,327	-2,280
Cash flow	-3,942	-4,473	-5,254	-5,099	-5,904	-2,862	-5,920	-13,200	23,955	17,310	13,122	-6,902	10,269	8,547	26,370	28,719	25,565	12,063	-6,541	-6,425
Investment in fixed assets (approximation)	0	0	0	0	0	0	0	0	-0	0	-1,450	0	0	10,387	85,223	49,342	21,403	12,289	222,255	32,848
Change in cash	0	0	0	0	0	-841	0	-4,639	4,135	-143	1,164	-3,269	-4,098	-37,584	39,604	1,079	-1,799	3,665	-6,216	-
Working capital	-240,964	-237,022	-221,184	-202,922	-185,319	-167,835	-153,831	-137,331	-114,083	-128,495	-117,978	-103,858	-62,971	-36,620	953	-29,036	-34,463	-104,616	-80,480	-8,665
Solvency	-32.9%	-23.2%	-14.1%	-5.7%	1.8%	9.0%	14.2%	20.2%	28.0%	23.1%	20.6%	19.5%	24.9%	24.6%	23.3%	28.3%	27.6%	-11.4%	-8.5%	3.5%
Current ratio	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.05	0.02	0.03	0.05	0.07	0.22	1.02	0.21	0.15	0.08	0.06	0.86
Quick ratio	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.01	0.05	0.02	0.01	0.01	0.05	0.19	0.98	0.16	0.11	0.07	0.05	0.83
Debt to equity	-	-	-	-	53.63	10.13	6.04	3.95	2.58	3.33	3.87	4.13	3.01	3.07	3.29	2.53	2.63	-	-	27.46
ROE	-	-	-	-	-415.3%	-66.4%	-48.5%	-47.0%	14.5%	6.9%	-0.5%	-33.0%	-4.2%	-6.3%	13.2%	14.2%	12.5%	-	-	-529.2%
ROA	-8.4%	-8.2%	-8.1%	-7.6%	-7.6%	-6.0%	-6.9%	-9.5%	4.1%	1.6%	-0.1%	-6.4%	-1.0%	-1.5%	3.1%	4.0%	3.4%	-2.8%	-9.8%	-18.6%
Interest coverage	-3.04	-1.74	-1.81	-0.88	-0.64	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

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