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IRU PROJECTS

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Non-profit associationfounded 2012active for 14 yearsKortenberglaan 71, 1000 Brussel, BelgiumKBO/BCE: BE 0849.619.733

Financials · financial year 2022, full format

2023 annual accounts not yet filed, deadline passed on 31 July 2024 The financial year closed on 31 December 2023. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 3 financial years without a filing since the last one filed. Source: NBB filings, as of 1 November 2026.

Annual accounts 2022 filed on 25-01-2024 PDF all 6 filings

Turnover
€89,308▲ 18×
2019 · €4,830
EBIT margin
-25.4%▼ 464.5pp
2019 · 439.2%
Net result
-€3,376▲ 88.3%
2021 · -€28,827
Working capital
€25,865▼ 98.0%
2020 · €1.3m
Trend over the years

2018 to 2022, 5 financial years 2018 to 2022, 5 financial years

The operating result for 2022 is a loss of €3,269, smaller than the loss of €14,934 in 2021.

Turnover€0.09m 2020 Operating result-€0.003m 2022 Net result-€0.003m 2022

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022
Turnover€1.0m-€0.005m▼ 99.5%€0.09m▲ 18×
Operating result-€0.05m-€0.02m-€0.02m-€0.01m▲ 34.0%-€0.003m▲ 78.1%
Net result-€0.06m-€0.02m-€0.02m-€0.03m▼ 25.8%-€0.003m▲ 88.3%
EBIT margin-5.3%-439.2%▲ 444.5pp-25.4%▼ 464.5pp
Equity€0.05m-€0.08m▲ 43.1%€0.05m▼ 29.7%€0.03m▼ 53.1%€0.02m▼ 13.3%
Total assets€2.3m-€1.7m▼ 25.7%€2.0m▲ 18.4%€0.04m▼ 98.2%€0.02m▼ 41.1%
Debt€2.2m-€1.6m▼ 27.3%€2.0m▲ 20.7%€0.01m▼ 99.4%
Working capital€1.8m-€1.3m▼ 30.1%€1.3m▲ 4.0%€0.03m▼ 98.0%
Staff (FTE)7.2-6.8▼ 5.6%3▼ 55.9%0.5▼ 83.3%0▼ 100%
Key figures and ratios
2022 value · change against 2021
Solvency
100.0%▲
2021 · 67.9%
ROE
-15.3%▲
2021 · -113.4%
ROA
-15.3%▲
2021 · -77.0%
Staff costs
-€96▼
2021 · €69,079
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 28 lines

Source: Annual accounts 2022 (PDF), filed on 25-01-2024.

Balance sheet Code20212022
Assets
Total assets20/58€37,440€22,039▼
Current assets29/58€37,440€22,039▼
Amounts receivable within one year40/41€540-
Other amounts receivable41€540-
Cash at bank and in hand54/58€36,900€22,039▼
Equity and liabilities
Total equity and liabilities10/49€37,440€22,039▼
Equity10/15€25,415€22,039▼
Profit (loss) carried forward14€25,415€22,039▼
Amounts payable17/49€12,025-
Amounts payable within one year42/48€11,575-
Trade debts44€11,575-
Suppliers440/4€11,575-
Accrued charges and deferred income492/3€450-
Income statement Code20212022
Membership fees, donations, legacies and grants73€71,955-
Non-recurring operating income76A€25,448€0▼
Goods, raw materials, services and sundry goods60/61€42,776€3,365▼
Remuneration, social security and pensions62€69,079-€96▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€482-
Gross operating margin9900€54,627-€3,365▼
Operating profit (loss)9901-€14,934-€3,269▲
Financial charges65/66B€13,893€107▼
Recurring financial charges65€13,893€107▼
Profit (loss) for the period before taxes9903-€28,827-€3,376▲
Profit (loss) for the period9904-€28,827-€3,376▲
Profit (loss) for the period to be appropriated9905-€28,827-€3,376▲
Appropriation of the result
Profit (loss) to be appropriated9906€25,415€22,039▼
Profit (loss) brought forward from the previous period14P€54,242€25,415▼
Social balance sheet
Average headcount (FTE)90870.50.0▼

The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20182019202020212022Change
Turnover70€1.0m€0.005m€0.09m---
Membership fees, donations, legacies and grants73---€0.07m--
Non-recurring operating income76A---€0.03m€0▼ 100%
Goods, raw materials, services and sundry goods60/61---€0.04m€0.003m▼ 92.1%
Remuneration, social security and pensions62---€0.07m-€96-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.003m€0.003m€0.003m€482--
Gross operating margin9900€0.5m€0.5m€0.2m€0.05m-€0.003m-
Operating profit (loss)9901-€0.05m€0.02m-€0.02m-€0.01m-€0.003m▲ 78.1%
Recurring financial income75-€0.003m€1---
Financial charges65/66B---€0.01m€107▼ 99.2%
Recurring financial charges65€0.005m€0.001m€263€0.01m€107▼ 99.2%
Profit (loss) for the period before taxes9903-€0.06m€0.02m-€0.02m-€0.03m-€0.003m▲ 88.3%
Profit (loss) for the period9904-€0.06m€0.02m-€0.02m-€0.03m-€0.003m▲ 88.3%
Profit (loss) for the period to be appropriated9905-€0.06m€0.02m-€0.02m-€0.03m-€0.003m▲ 88.3%
Line20182019202020212022Change
Assets
Total assets20/58€2.3m€1.7m€2.0m€0.04m€0.02m▼ 41.1%
Fixed assets21/28€0.02m€0.01m€0.01m---
Tangible fixed assets22/27€0.02m€0.01m€0.01m---
Current assets29/58€2.3m€1.7m€2.0m€0.04m€0.02m▼ 41.1%
Amounts receivable within one year40/41€0.3m€0.4m€0.7m€0.001m--
Other amounts receivable41---€0.001m--
Current investments50/53€0.8m-----
Cash at bank and in hand54/58-€0.4m€0.5m€0.04m€0.02m▼ 40.3%
Equity and liabilities
Total equity and liabilities10/49€2.3m€1.7m€2.0m€0.04m€0.02m▼ 41.1%
Equity10/15€0.05m€0.08m€0.05m€0.03m€0.02m▼ 13.3%
Profit (loss) carried forward14€0.05m€0.08m€0.05m€0.03m€0.02m▼ 13.3%
Amounts payable17/49€2.2m€1.6m€2.0m€0.01m--
Amounts payable within one year42/48€0.5m€0.4m€0.7m€0.01m--
Trade debts44€0.4m€0.4m€0.7m€0.01m--
Suppliers440/4---€0.01m--
Accrued charges and deferred income492/3---€450--
Line20182019202020212022Change
Profit (loss) for the period9904-€59,015€23,218-€22,906-€28,827-€3,376▲ 88.3%
+ Depreciation and write-downs630€2,568€2,891€2,891€482--
Operating cash flow (approximation)-€56,447€26,109-€20,015-€28,345-€3,376▲ 88.1%
Investment in fixed assets (approximation)-€0-€1---
Change in cash--€88,736-€498,842-€14,861▲ 97.0%

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

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference Document
31-12-2022 full format 25-01-2024 2024-00023474 PDF
31-12-2021 full format 15-12-2022 2022-20541601 PDF
31-12-2020 full format 12-10-2021 2021-71600353 PDF
31-12-2019 full format 12-10-2021 2021-71600352 PDF
31-12-2018 full format 05-09-2019 2019-62800172 PDF
31-12-2017 full format 08-03-2019 2019-06500424 PDF

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