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IGR

Active
Private limited companyfounded 2024active for 1 yearRue Wauters J.(S-B) 31, 7110 La Louvière, BelgiumKBO/BCE: BE 1018.093.588
Summary

IGR has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,247 and a net result of €118,247. Its solvency ranks better than 13% of 39,137 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Financials · financial year 2025, micro format

Equity
€123,247
Total assets
€2.4m
Net result
€118,247
Working capital
-€511,285

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €2.4m
Fixed assets €2.4m
Current assets €9,195
Equity and liabilities €2.4m
Equity €123,247
Debt €2.3m
Debt finances 94.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€47,959
Cash flow
€139,540
Current ratio
0.02
Debt to equity
18.29
ROE
95.9%
ROA
5.0%
Interest coverage
1.00
Debt ≤ 1 year
€520,481
Debt > 1 year
€1.7m
Income taxes
€12,115
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 41 lines
Balance sheet Code2025
Assets
Total assets20/58€2.4m
Fixed assets21/28€2.4m
Tangible fixed assets22/27€0.07m
Furniture and vehicles24€0.07m
Financial fixed assets28€2.3m
Current assets29/58€0.009m
Amounts receivable within one year40/41€0.005m
Other amounts receivable41€0.005m
Cash at bank and in hand54/58€0.004m
Deferred charges and accrued income490/1€0.001m
Equity and liabilities
Total equity and liabilities10/49€2.4m
Equity10/15€0.1m
Contributions10/11€0.005m
Reserves13€0.1m
Distributable reserves133€0.1m
Amounts payable17/49€2.3m
Amounts payable after more than one year17€1.7m
Financial debts170/4€1.7m
Amounts payable within one year42/48€0.5m
Current portion of amounts payable after more than one year42€0.1m
Trade debts44€0.003m
Suppliers440/4€0.003m
Taxes, remuneration and social security45€0.01m
Taxes450/3€0.01m
Other amounts payable47/48€0.4m
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m
Other operating charges640/8€0.001m
Non-recurring operating charges66A€308
Gross operating margin9900€0.05m
Operating profit (loss)9901€0.03m
Financial income75/76B€0.2m
Recurring financial income75€0.2m
Financial charges65/66B€0.05m
Recurring financial charges65€0.05m
Profit (loss) for the period before taxes9903€0.1m
Income taxes67/77€0.01m
Profit (loss) for the period9904€0.1m
Profit (loss) for the period to be appropriated9905€0.1m
Appropriation of the result
Profit (loss) to be appropriated9906€0.1m
Transfer to equity691/2€0.1m
To other reserves6921€0.1m

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21,293
Other operating charges640/8€1,312
Non-recurring operating charges66A€308
Gross operating margin9900€49,579
Operating profit (loss)9901€26,666
Financial income75/76B€151,552
Recurring financial income75€151,552
Financial charges65/66B€47,856
Recurring financial charges65€47,856
Profit (loss) for the period before taxes9903€130,363
Income taxes67/77€12,115
Profit (loss) for the period9904€118,247
Profit (loss) for the period to be appropriated9905€118,247
Line2025
Assets
Total assets20/58€2.4m
Fixed assets21/28€2.4m
Tangible fixed assets22/27€0.07m
Furniture and vehicles24€0.07m
Financial fixed assets28€2.3m
Current assets29/58€0.009m
Amounts receivable within one year40/41€0.005m
Other amounts receivable41€0.005m
Cash at bank and in hand54/58€0.004m
Deferred charges and accrued income490/1€0.001m
Equity and liabilities
Total equity and liabilities10/49€2.4m
Equity10/15€0.1m
Contributions10/11€0.005m
Reserves13€0.1m
Distributable reserves133€0.1m
Amounts payable17/49€2.3m
Amounts payable after more than one year17€1.7m
Financial debts170/4€1.7m
Amounts payable within one year42/48€0.5m
Current portion of amounts payable after more than one year42€0.1m
Trade debts44€0.003m
Suppliers440/4€0.003m
Taxes, remuneration and social security45€0.01m
Taxes450/3€0.01m
Other amounts payable47/48€0.4m
Line2025
Profit (loss) for the period9904€118,247
+ Depreciation and write-downs630€21,293
Operating cash flow (approximation)€139,540

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 22-07-2026 2026-00317631

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