Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
79 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
International Business Renaissance from La Hulpe, company number BE0668896459, closed financial year 2025 with a result of € -488,583 after tax. For that financial year International Business Renaissance recorded a gross margin of € -6,073 and equity of € -1.5 million. Compared with financial year 2024, the result moved from € -567,970 to € -488,583. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.
€ -1.5 million
▼ € 488,583 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -488,583
▲ 14 % less loss than in 2024
Profit after tax over the fiscal year.
€ 35,573
▲ 127% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.1 million.
People and assets in 2025
4.1
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 366,165
▲ 8% vs 2024
€ 89,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,452
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.1 million
▲ 24% vs 2024
€ 1,574 is repaid this year. At this pace the long-term loan is gone in ≈ 720 years.
€ 140,234
▲ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 171,433
▲ 77% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 380,331 | € 6,315 | € -88,812 | € -6,073 | ▲ € 82,739 |
| Profit after taxes | € -165,625 | € -397,839 | € -567,970 | € -488,583 | ▲ € 79,387 |
| Equity | € -92,145 | € -489,984 | € -1,057,954 | € -1,546,537 | ▼ € 488,583 |
| Total debts | € 809,642 | € 896,560 | € 1,354,256 | € 1,745,267 | ▲ 29% |
| Cash | € 271,623 | € 19,698 | € 15,686 | € 35,573 | ▲ 127% |
| Retained profit | € -638,145 | € -1,035,984 | € -1,603,954 | € -2,092,537 | ▼ € 488,583 |
| Bank debt | € 553,574 | € 613,574 | € 912,924 | € 1,132,424 | ▲ 24% |
| Balance sheet total | € 717,497 | € 406,576 | € 296,302 | € 198,730 | ▼ 33% |
| Employees (FTE) | 3 | 3.1 | 3.8 | 4.1 | ▲ 0.3 |
Key figures of International Business Renaissance, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to International Business Renaissance?
What happened at International Business Renaissance in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Quentin d'Huart stepped down as director. NBB
- Regnier Haegelsteen stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 488,583. filed late Source: NBB ↗
- Capital & Croissance SCRL stepped down as director. NBB
- New establishment in Libramont-Chevigny. KBO
- Quentin d'Huart became a director. NBB
- Regnier Haegelsteen became a director. NBB
- Capital & Croissance SCRL became a director. NBB
In short
From € 165,625 loss in 2022 to € 488,583 loss in 2025.
Paid € 2,286 in corporate taxes since 2022.
On average € 2,000 of value added per employee in 2023.
Management
The stake of INVESTSUD BOIS, INVESTSUD comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
International Business RenaissanceThe shares are held by INVESTSUD BOIS (18.8%) and INVESTSUD (18.8%).
Directors
According to the 2025 annual accounts
Quentin d'Huart
Managing director
since 2024 · until 2030
since 2024 · until 2030
Director
Also active at: CONCEPTEXPO GROUP, COLONA, MEGAFORM, SUPERPLASTIC, SOCIETE COMMERCIALE ET INDUSTRIELLE, BAUWENS ROGER, SOGECAM, HORUS SOFTWARE +29 more
since 2024 · until 2026
Shareholders
18.8%
18.8%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue Reine Astrid 92
1310 La Hulpe
Remagne,Ferme du Moulin de Rondu 17
6800 Libramont-Chevigny
Active since 17 February 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 79 companies are registered at this address.
All companies at this address →ATENOR TOOLS COMPANY
€ 10,500 revenue · 2025
Immobilière de la Petite Ile
€ 58.7 million revenue · 2025
ATENOR
€ 6.2 million revenue · 2025
FIMMAC
€ -8,265 gross margin · 2025
SOCIETE D'INVESTISSEMENTS, DE GESTION ET D'ORGANISATION
€ 62,322 gross margin · 2023
+74 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
SQUARESPACE - Squarespace, Inc., US
Domain
Domain
timbtrack.com
Registered
2013-07-02
Registrar
OVH, SAS
Expires
2026-07-02
Website info
Features
Security
Network
Details
- Company number
- 0668.896.459
- VAT number
- BE 0668.896.459
- Registered office
- Avenue Reine Astrid 92, 1310 La Hulpe
- Names & denominations
- International Business Renaissance · IBR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 9 January 2017
- Peppol
- Active · Active since 17 Apr 2025
- Contact
- timbtrack.com
- Activities · NACE
Vervaardiging van meet-, controle- en navigatie-instrumenten en -apparatuur
Groothandel in meet-, controle- en navigatieinstrumenten
Overige diensten op het gebied van informatietechnologie en computer
Ontwerpen van computerprogramma’s
Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten
Groothandel in andere machines en werktuigen, neg
Groothandel in andere machines en werktuigen, n.e.g.
Computerconsultancy-activiteiten
+1