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IR PROJECTS

Active
Private limited companyfounded 2019active for 7 yearsRuifeldreef 1, 8680 Koekelare, BelgiumKBO/BCE: BE 0717.542.355
Summary

IR PROJECTS has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €193,432 and a net result of €36,620. Equity has been growing by about 44% per year since 2019. Its solvency ranks better than 29% of 9,898 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

Overview

Official details

Source: KBO
Status
Active since 02-01-2019 Normal situation
Activity
Joinery installation NACE 43320and 1 other
Establishment unit
2.283.245.584 8680 Koekelare, since 07-01-2019
Financial year end
31 December
Peppol
Reachable since 22-08-2025

Board and ownership

Board

Financial position

70 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.6%
Annual accounts 2025
Gross margin
€288,863
▲ 28.8%
Turnover
≈ €850,000
estimated
Profit
€36,620
▲ 51.8%
Equity
€193,432
▲ 11.8%
Total assets
€711,873
▼ 37.7%
Employees on 31-12-2025
4
▲ 100%
Score breakdownraises riskSector: Specialised construction activities (NACE 43)Founded in 2019lowers riskFigures for financial year 2025 (filed on 09-06-2026)Size: 3.2 FTE, total assets €711,873Show the evidence

Checked score

Score 2025
70 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 47% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Strong
Solvency 52+12
equity 27.2% of total assets
Liquidity 56+27
short-term debt 13.3% · cash 6.2%
Profitability 75+4
return on assets 5.1%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025lowest value 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.8%▲ +0.4 percentage points vs 07-2025 09-2025: 1.4%▲ +0.6 percentage points vs 08-2025 10-2025: 1.5%▲ +0.1 percentage points vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.6%▲ +0.1 percentage points vs 03-2026 05-2026: 1.6%● unchanged vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026highest value 07-2026: 0.6%▼ -1.0 percentage point vs 06-2026 08-2026: 0.6%● unchanged vs 07-2026 09-2026: 0.6%● unchanged vs 08-2026 10-2026: 0.6%● unchanged vs 09-2026 11-2026: 0.6%● unchanged vs 10-2026
Credit of up to €13,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.58 (1.04 in 2024), above the usual 1.5. Short-term debt is 13.3% and cash 6.2% of total assets. However, 72.8% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 29% of them on solvency, 52% on liquidity, 49% on profitability and 58% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Figures for financial year 2025 (filed on 09-06-2026)
NBB · annual accounts
lowers risk · Size: 3.2 FTE, total assets €711,873
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
52 days early
2024
4 days late
2023
27 days early
2022
6 days early
2021
101 days early
2020
94 days early
2019
138 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 20 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 5 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 09-06-2026 PDF all 7 filings

Turnover
≈ €850,000
Estimated: probably between €630,000 and €1.0m
Total assets
€711,873▼ 37.7%
2024 · €1.1m
Net result
€36,620▲ 51.8%
2024 · €24,130
Working capital
€54,726▲ 147%
2024 · €22,180
Multi-year overview
2019 to 2025, 7 financial years
Operating result
€70,673
▲ 32.6% 2025
20192025
Net result
€36,620
▲ 51.8% 2025
middle half of the sector
20192025
Equity
€193,432
▲ 11.8% 2025
middle half of the sector
20192025
Total assets
€711,873
▼ 37.7% 2025
middle half of the sector
20192025
Debt
€518,441
▼ 46.5% 2025
20192025
Working capital
€54,726
▲ 147% 2025
middle half of the sector
20192025
Solvency
27.2%
▲ 12.0pp 2025
middle half of the sector
20192025
Current ratio
1.58
▲ 0.54 2025
middle half of the sector
20192025
Return on assets (ROA)
5.1%
▲ 3.0pp 2025
middle half of the sector
20192025
Staff (FTE)
3.2
▲ 60.0% 2025
middle half of the sector
20192025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.02m-€0.004m▼ 82.2%€0.03m▲ 530%€0.06m▲ 127%€0.07m▲ 21.9%€0.05m▼ 26.7%€0.07m▲ 32.6%
Net result€0.02m-€0.003mbelow the sector's middle half▼ 82.7%€0.02mwithin the sector's middle half▲ 646%€0.05mwithin the sector's middle half▲ 130%€0.05mwithin the sector's middle half=€0.02mwithin the sector's middle half▼ 50.0%€0.04mwithin the sector's middle half▲ 51.8%
Equity€0.03m-€0.03mbelow the sector's middle half▲ 9.8%€0.05mbelow the sector's middle half▲ 66.7%€0.1mbelow the sector's middle half▲ 92.0%€0.1mwithin the sector's middle half▲ 47.9%€0.2mwithin the sector's middle half▲ 16.2%€0.2mwithin the sector's middle half▲ 11.8%
Total assets€0.09m-€0.09mbelow the sector's middle half▲ 1.8%€0.1mbelow the sector's middle half▲ 17.1%€0.3mbelow the sector's middle half▲ 208%€0.3mbelow the sector's middle half▲ 2.1%€1.1mwithin the sector's middle half▲ 249%€0.7mwithin the sector's middle half▼ 37.7%
Debt€0.06m-€0.06m▼ 2.2%€0.05m▼ 10.0%€0.2m▲ 326%€0.2m▼ 18.9%€1.0m▲ 443%€0.5m▼ 46.5%
Working capital€0.01m-€0.02mbelow the sector's middle half▲ 39.2%€0.04mwithin the sector's middle half▲ 95.3%€0.05mwithin the sector's middle half▲ 32.9%€0.07mwithin the sector's middle half▲ 41.8%€0.02mbelow the sector's middle half▼ 67.3%€0.05mwithin the sector's middle half▲ 147%
Solvency32.8%-35.4%within the sector's middle half▲ 2.6pp50.4%within the sector's middle half▲ 15.0pp31.4%within the sector's middle half▼ 19.0pp45.5%within the sector's middle half▲ 14.1pp15.1%below the sector's middle half▼ 30.3pp27.2%within the sector's middle half▲ 12.0pp
Current ratio1.31-1.39within the sector's middle half▲ 0.091.78within the sector's middle half▲ 0.391.69within the sector's middle half▼ 0.102.56within the sector's middle half▲ 0.871.04below the sector's middle half▼ 1.511.58within the sector's middle half▲ 0.54
Return on assets (ROA)18.6%-3.2%within the sector's middle half▼ 15.4pp20.2%above the sector's middle half▲ 17.0pp15.0%above the sector's middle half▼ 5.1pp14.7%above the sector's middle half▼ 0.3pp2.1%within the sector's middle half▼ 12.6pp5.1%within the sector's middle half▲ 3.0pp
Staff (FTE)0.6-0.3below the sector's middle half▼ 50.0%1below the sector's middle half▲ 233%1below the sector's middle half=2within the sector's middle half▲ 100%2within the sector's middle half=3.2within the sector's middle half▲ 60.0%
above within below The sector band is the middle half of the companies in Specialised construction activities (NACE 43). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is 33% higher than in 2024. It is a recovery after the fall in 2024.

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €711,873
Fixed assets €562,813 ▼ 7.6%
Current assets €149,060 ▼ 72.1%
Equity and liabilities €711,873
Equity €193,432 ▲ 11.8%
Debt €518,441 ▼ 46.5%
Debt's share of the balance-sheet total falls from 84.9% to 72.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€127,444▲
2024 · €126,270
Cash flow
€93,390▼
2024 · €97,106
Quick ratio
0.94▲
2024 · 0.85
Debt to equity
2.68▼
2024 · 5.60
ROE
18.9%▲
2024 · 13.9%
Interest coverage
6.28▼
2024 · 6.42
Debt ≤ 1 year
€94,334▼
2024 · €511,710
Debt > 1 year
€422,639▼
2024 · €454,989
Income taxes
€14,016▲
2024 · €9,497
Staff costs
€158,123▲
2024 · €97,112
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date11224
full-time11224
in full-time equivalents11224
Average over the year, in full-time equivalents11223.2
On a permanent contract11222
Joined-11-2
Left-10-0
Training hours-12010--

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€7,710€200,638€43,383€467,498€10,230
Financial fixed assets----€400
Depreciation and write-downs of the year€11,056€14,577€30,416€72,976€56,771

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 · 1 entry · €2,323 awarded · €2,323 paid
Schemes
1 entry · €2,323 · €2,323 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.1m€0.7m▼
Fixed assets21/28€0.6m€0.6m▼
Tangible fixed assets22/27€0.6m€0.6m▼
Land and buildings22€0.4m€0.4m▼
Plant, machinery and equipment23€0.1m€0.1m▼
Furniture and vehicles24€0.07m€0.05m▼
Financial fixed assets28-€400
Current assets29/58€0.5m€0.1m▼
Stocks and contracts in progress3€0.1m€0.06m▼
Stocks30/36€0.02m€0.02m▲
Contracts in progress37€0.08m€0.04m▼
Amounts receivable within one year40/41€0.4m€0.04m▼
Trade receivables40€143€0.03m▲
Other amounts receivable41€0.4m€0.009m▼
Cash at bank and in hand54/58€0.006m€0.04m▲
Deferred charges and accrued income490/1€0.01m€0.007m▼
Equity and liabilities
Total equity and liabilities10/49€1.1m€0.7m▼
Equity10/15€0.2m€0.2m▲
Contributions10/11€0.01m€0.01m=
Reserves13€0.1m€0.2m▲
Distributable reserves133€0.1m€0.2m▲
Profit (loss) carried forward14€0.02m€0.02m=
Amounts payable17/49€1.0m€0.5m▼
Amounts payable after more than one year17€0.5m€0.4m▼
Financial debts170/4€0.5m€0.4m▼
Amounts payable within one year42/48€0.5m€0.09m▼
Current portion of amounts payable after more than one year42€0.03m€0.03m▲
Financial debts43€0.008m€0.01m▲
Credit institutions430/8€0.008m€0.01m▲
Trade debts44€0.4m€0.02m▼
Suppliers440/4€0.4m€0.02m▼
Taxes, remuneration and social security45€0.003m€0.01m▲
Taxes450/3-€450
Remuneration and social security454/9€0.003m€0.01m▲
Other amounts payable47/48€0.05m€0.02m▼
Accrued charges and deferred income492/3€0.003m€0.001m▼
Income statement Code20242025
Non-recurring operating income76A-€0.001m
Remuneration, social security and pensions62€0.1m€0.2m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.07m€0.06m▼
Other operating charges640/8€0.001m€0.003m▲
Gross operating margin9900€0.2m€0.3m▲
Operating profit (loss)9901€0.05m€0.07m▲
Financial income75/76B€13€271▲
Recurring financial income75€13€271▲
Financial charges65/66B€0.02m€0.02m▲
Recurring financial charges65€0.02m€0.02m▲
Profit (loss) for the period before taxes9903€0.03m€0.05m▲
Income taxes67/77€0.009m€0.01m▲
Profit (loss) for the period9904€0.02m€0.04m▲
Profit (loss) for the period to be appropriated9905€0.02m€0.04m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.05m€0.06m▲
Profit (loss) brought forward from the previous period14P€0.02m€0.02m=
Transfer from equity791/2-€0.02m
Transfer to equity691/2€0.02m€0.04m▲
To other reserves6921€0.02m€0.04m▲
Profit to be distributed694/7-€0.02m
Return on contributions (dividend)694-€0.02m
Social balance sheet
Average headcount (FTE)90872.03.2▲

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 09-06-2026.

Line2019202020212022202320242025Change
Non-recurring operating income76A---€7,488--€911-
Remuneration, social security and pensions62--€36,413€41,396€94,193€97,112€158,123▲ 62.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,460€10,565€11,056€14,577€30,416€72,976€56,771▼ 22.2%
Other operating charges640/8--€573€705€612€841€3,296▲ 292%
Gross operating margin9900€55,172€22,961€74,367€116,360€197,948€224,223€288,863▲ 28.8%
Operating profit (loss)9901€23,516€4,180€26,325€59,682€72,727€53,294€70,673▲ 32.6%
Financial income75/76B--€199€75€65€13€271▲ 21×
Recurring financial income75€33€256€199€75€65€13€271▲ 21×
Financial charges65/66B--€572€3,566€6,350€19,679€20,308▲ 3.2%
Recurring financial charges65€660€571€572€3,566€6,350€19,679€20,308▲ 3.2%
Profit (loss) for the period before taxes9903€22,889€3,865€25,952€56,191€66,442€33,628€50,635▲ 50.6%
Income taxes67/77€6,646€1,050€4,955€7,954€18,209€9,497€14,016▲ 47.6%
Profit (loss) for the period9904€16,243€2,815€20,997€48,237€48,233€24,130€36,620▲ 51.8%
Profit (loss) for the period to be appropriated9905€16,243€2,815€20,997€48,237€48,233€24,130€36,620▲ 51.8%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.09m€0.09m€0.1m€0.3m€0.3m€1.1m€0.7m▼ 37.7%
Fixed assets21/28€0.03m€0.02m€0.02m€0.2m€0.2m€0.6m€0.6m▼ 7.6%
Tangible fixed assets22/27€0.03m€0.02m€0.02m€0.2m€0.2m€0.6m€0.6m▼ 7.6%
Land and buildings22----€0.04m€0.4m€0.4m▼ 3.6%
Plant, machinery and equipment23--€0.01m€0.2m€0.1m€0.1m€0.1m▼ 8.4%
Furniture and vehicles24--€0.008m€0.04m€0.03m€0.07m€0.05m▼ 28.7%
Financial fixed assets28--€0.002m€0.002m€0.002m-€400-
Current assets29/58€0.06m€0.07m€0.08m€0.1m€0.1m€0.5m€0.1m▼ 72.1%
Stocks and contracts in progress3€0.01m€0.02m€0.03m€0.04m€0.03m€0.1m€0.06m▼ 38.8%
Stocks30/36--€0.03m€0.04m€0.03m€0.02m€0.02m▲ 3.9%
Contracts in progress37-----€0.08m€0.04m▼ 50.6%
Amounts receivable within one year40/41€0.02m€0.02m€0.02m€0.04m€0.02m€0.4m€0.04m▼ 90.9%
Trade receivables40--€0.005m€0.004m€0.007m€143€0.03m▲ 203×
Other amounts receivable41--€0.01m€0.04m€0.009m€0.4m€0.009m▼ 97.9%
Cash at bank and in hand54/58€0.02m€0.03m€0.03m€0.03m€0.06m€0.006m€0.04m▲ 613%
Deferred charges and accrued income490/1--€0.003m€0.005m€0.01m€0.01m€0.007m▼ 43.1%
Equity and liabilities
Total equity and liabilities10/49€0.09m€0.09m€0.1m€0.3m€0.3m€1.1m€0.7m▼ 37.7%
Equity10/15€0.03m€0.03m€0.05m€0.1m€0.1m€0.2m€0.2m▲ 11.8%
Contributions10/11€0.01m-€0.01m€0.01m€0.01m€0.01m€0.01m=
Reserves13€0.02m€0.02m€0.02m€0.07m€0.1m€0.1m€0.2m▲ 14.6%
Distributable reserves133--€0.02m€0.07m€0.1m€0.1m€0.2m▲ 14.6%
Profit (loss) carried forward14--€0.02m€0.02m€0.02m€0.02m€0.02m=
Amounts payable17/49€0.06m€0.06m€0.05m€0.2m€0.2m€1.0m€0.5m▼ 46.5%
Amounts payable after more than one year17€0.01m€0.01m€0.004m€0.1m€0.1m€0.5m€0.4m▼ 7.1%
Financial debts170/4--€0.004m€0.1m€0.1m€0.5m€0.4m▼ 7.1%
Amounts payable within one year42/48€0.04m€0.05m€0.05m€0.07m€0.04m€0.5m€0.09m▼ 81.6%
Current portion of amounts payable after more than one year42--€0.005m€0.01m€0.02m€0.03m€0.03m▲ 4.0%
Financial debts43--€0.008m€0.008m€0.008m€0.008m€0.01m▲ 49.9%
Credit institutions430/8--€0.008m€0.008m€0.008m€0.008m€0.01m▲ 49.9%
Trade debts44€0.004m€0.009m€0.004m€0.02m€0.005m€0.4m€0.02m▼ 95.7%
Suppliers440/4--€0.004m€0.02m€0.005m€0.4m€0.02m▼ 95.7%
Taxes, remuneration and social security45--€0.009m€0.005m€0.01m€0.003m€0.01m▲ 270%
Taxes450/3--€0.001m€106€0.008m-€450-
Remuneration and social security454/9--€0.008m€0.005m€0.005m€0.003m€0.01m▲ 256%
Other amounts payable47/48--€0.02m€0.02m€0.002m€0.05m€0.02m▼ 57.5%
Accrued charges and deferred income492/3--€0.001m€0.001m€0.001m€0.003m€0.001m▼ 52.5%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€16,243€2,815€20,997€48,237€48,233€24,130€36,620▲ 51.8%
+ Depreciation and write-downs630€10,460€10,565€11,056€14,577€30,416€72,976€56,771▼ 22.2%
Operating cash flow (approximation)€26,703€13,380€32,053€62,814€78,649€97,106€93,390▼ 3.8%
Investment in fixed assets (approximation)--€3,120-€9,312-€195,624-€43,383-€465,898-€10,630▲ 97.7%
Change in cash-€4,943€6,843-€4,241€28,180-€49,639€38,146-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 6,713 companies had the same profile as IR PROJECTS has now. Two years later, 95.8% were still going and 1.8% had gone bankrupt.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
95.8% was still going
2.2% stopped otherwise
1.8% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of IR PROJECTS itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,713 companies, not a prediction for IR PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (7)
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 09-06-2026 2026-00147233 PDF
31-12-2024 abbreviated format 04-08-2025 2025-00356452 PDF
31-12-2023 abbreviated format 04-07-2024 2024-00214411 PDF
31-12-2022 abbreviated format 25-07-2023 2023-00267058 PDF
31-12-2021 abbreviated format 21-04-2022 2022-20006057 PDF
31-12-2020 abbreviated format 28-04-2021 2021-11600256 PDF
31-12-2019 abbreviated format 16-12-2020 2020-75800051 PDF

Board & ownership

Directors

Directors
1 director
Renaud Iserentant
Director · since 05-09-2023 · listed in the 2025 annual accounts, filed on 09-06-2026
Current

Owners and capital

Capital transactions

Capital over time
  1. 07-09-2023 Converted to unavailable equity

Network & group

IR PROJECTS shares no director with another company.

Connections & network

1 current director
Depth

The network starts from the directors of IR PROJECTS. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
09-06
NBB filing Annual accounts 2025 filedPDF
abbreviated format · 52 days before the deadline
2025
04-08
NBB filing Annual accounts 2024 filedPDF
abbreviated format · 4 days late
2024
31-12
Financial Equity above €150,000equity €173,056 ▲16.2%
With a profit in every financial year since 2019, equity grows to €173,056.
04-07
NBB filing Annual accounts 2023 filedPDF
abbreviated format · 27 days before the deadline
2023
07-09
Gazette deed Reappointment: Renaud Iserentant (director)
Legal-form conversion · Capital conversion · Amendment of the articles13 points ▸
  • General meeting, 05-09-2023
  • Other provision, “aanpassing aan Wetboek van Vennootschappen en Verenigingen, algemene vergadering” (deed in Dutch)
  • Legal-form conversion, “besloten vennootschap” (deed in Dutch)
  • Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
  • Other provision, “beschikbaar maken statutair onbeschikbaar eigen vermogen, met onmiddellijke ingang” (deed in Dutch)
  • Amendment of the articles
  • Capital
  • Other provision, “statutair onbeschikbare eigen vermogensrekening, vermogen is beschikbaar” (deed in Dutch)
  • Other provision, “aard van andere effecten” (deed in Dutch)
  • Other provision, “dagelijks bestuur” (deed in Dutch)
  • Power of attorney
  • Director reappointment, Renaud Iserentant (director)
  • The act holds 1 more point.

Open the act in the Belgian Official Gazette

25-07
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 6 days before the deadline
2022
31-12
Financial Highest result from 2019 to 2025net €48,237 ▲130%
The net result of €48,237 is the highest of those years.
31-12
Financial Equity above €100,000equity €100,692 ▲92%
With a profit in every financial year since 2019, equity grows to €100,692.
21-04
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 101 days before the deadline
2021
28-04
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 94 days before the deadline
2020
31-12
Financial Weakest financial yearnet €2,815 ▼82.7%
The net result drops to €2,815, the lowest from 2019 to 2025. It recovers the following year.
16-12
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 138 days late
2019
04-01
Gazette deed IncorporationPDF
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

IR PROJECTS was incorporated on 2 January 2019.1 Total assets rose from €87,373 in 2019 to €711,873 in 2025 and headcount from 0.6 to 3.2 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2019 and 2025

Company details

Register details

Identity

KBO record
Name IR PROJECTS in Dutch
Enterprise number 0717.542.355
Legal form Private limited company
Status Active, normale toestand
Founded 02-01-2019
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 07-09-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, overbrenging naar om het even welke plaats in tweetalig gebied Brussel Hoofdstad of Nederlands taalgebied door eenvoudige…”
deed of 07-09-2023 (in Dutch)

Registered office and establishments

Registered office Ruifeldreef 1, 8680 Koekelare, Belgium
Establishment unit IR Projects, Ruifeldreef 1, 8680 Koekelare since 07-01-2019 · unit number 2.283.245.584

Activities

NACEBEL 2025
VAT activities
43320 Joinery installation main activity
Social security (RSZ) activities
43341 Painting of buildings main activity
Codes under NACEBEL 2008
VAT activities
43320 Joinery installation main activity
Social security (RSZ) activities
43341 Painting of buildings main activity

Invoicing and payment

VAT number BE 0717.542.355
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0717542355
Other Peppol ID 9925:BE0717542355
Registered 22-08-2025

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 3 November 2026 · Peppol Directory

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0717.542.355

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 18:00
deed of 07-09-2023 (in Dutch)

Sites & property

Location
registered office establishment The establishment unit on the map

Buildings and parcels at the address

Ground area
9,615 m²
Building footprint
172 m²
Building volume
971 m³
Cadastral parcel Region Area Buildings Height / floors
32010C0155/00G000 Flanders 9,615 m² 1 · 172 m² 8.7 m · 2