IRU PROJECTS
ActiveSummary
For IRU PROJECTS, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €22,039 and a net result of -€3,376. Equity is shrinking by about 24% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2024. The association has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).
Financials · financial year 2022, full format
2023 annual accounts not yet filed, deadline passed on 31 July 2024 Financial year closed on 31 December 2023; filing 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 31 October 2026.
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result stays negative: a loss of €3,269 in 2022 against €14,934 in 2021; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| 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 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| 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% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | full format | 25-01-2024 | 2024-00023474 |
| 31-12-2021 | full format | 15-12-2022 | 2022-20541601 |
| 31-12-2020 | full format | 12-10-2021 | 2021-71600353 |
| 31-12-2019 | full format | 12-10-2021 | 2021-71600352 |
| 31-12-2018 | full format | 05-09-2019 | 2019-62800172 |
| 31-12-2017 | full format | 08-03-2019 | 2019-06500424 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.