Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
22 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IRE from Liège, company number BE0700890227, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year IRE recorded a gross margin of € 2.7 million and equity of € 4 million. Compared with financial year 2024, the result moved from € 501,533 to € 1.2 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 4 million
▲ 45% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ 149% vs 2024
Profit after tax over the fiscal year.
€ 16,827
▼ 50% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.7 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 5.6 million
▼ 15% vs 2024
€ 952,600 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 190,099
▲ 228% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 366,439
▲ 52% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,861,552 | € 3,664,589 | € 1,842,707 | € 2,707,715 | ▲ 47% |
| Profit after taxes | € 383,811 | € 1,170,626 | € 501,533 | € 1,249,918 | ▲ 149% |
| Equity | € 1,092,987 | € 2,263,612 | € 2,765,146 | € 4,015,063 | ▲ 45% |
| Total debts | € 13,190,708 | € 10,307,452 | € 8,096,086 | € 6,406,178 | ▼ 21% |
| Cash | € 39,689 | € 49,778 | € 33,992 | € 16,827 | ▼ 50% |
| Land & buildings | € 13,988,650 | € 11,278,954 | € 10,652,115 | € 9,908,228 | ▼ 7% |
| Retained profit | € 734,533 | € 1,905,159 | € 2,406,692 | € 3,656,609 | ▲ 52% |
| Bank debt | € 8,388,991 | € 7,339,745 | € 6,518,255 | € 5,565,655 | ▼ 15% |
| Balance sheet total | € 14,283,695 | € 12,697,247 | € 10,987,414 | € 10,547,423 | ▼ 4% |
Key figures of IRE, 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 IRE?
What happened at IRE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ARDENT INVEST stepped down as director. NBB
- Emmanuel Mewissen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.2 million (▲ 149% vs 2024). filed late Source: NBB ↗
- ARDENT INVEST became a director. NBB
- Emmanuel Mewissen became a director. NBB
- New establishment in Liège. KBO
- Start of the company according to the CBE. KBO
In short
From € 383,811 profit in 2022 to € 1.2 million profit in 2025.
Paid € 1 million in corporate taxes since 2022.
Best year ever: 2025, with € 1.2 million profit.
Management
The stake of BELGO LEO HOLDING, MILE HOLDING, ARDENT INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
IREThe shares are held by BELGO LEO HOLDING (46.4%), MILE HOLDING (46.4%) and ARDENT INVEST (4.1%).
Directors
According to the 2025 annual accounts
Managing director · represented by Nicolas Léonard
Also active at: TILKIN SPORTS, FABY, BODSON - TROUPIN - SERVICE, D.A. GESTION, IMMO CIRCUS WALLONIE, GUILLEMINS REAL ESTATE, R-GROUP Holding, WE INVEST REAL ESTATE +32 more
since 2026 · until 2032
Emmanuel Mewissen
Managing director
Also active at: TILKIN SPORTS, GESTION LOISIRS, FABY, BODSON - TROUPIN - SERVICE, D.A. GESTION, IMMORECA, IMMOBILIERE CHEVREFEUILLE, IMMO CIRCUS WALLONIE +28 more
since 2026 · until 2032
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Guillemins 139/9
4000 Liège
Rue des Guillemins 139 box 9
4000 Liège
Active since 14 August 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 22 companies are registered at this address.
All companies at this address →FABY same network
€ 102,987 gross margin · 2025
SUNRISE
€ -72,086 gross margin · 2025
IMMOBILIERE CHEVREFEUILLE same network
€ 150,337 gross margin · 2025
IMMO CIRCUS WALLONIE same network
€ 1.1 million gross margin · 2025
LEDCOM same network
€ 508,756 gross margin · 2025
+17 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0700.890.227
- VAT number
- BE 0700.890.227
- Registered office
- Rue des Guillemins 139/9, 4000 Liège
- Names & denominations
- IRE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 August 2018
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected] 042321952
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Activiteiten van syndici van onroerend goed
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen