Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 17 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
16 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2024
IU Group from Brussel, company number BE0770928680, closed financial year 2024 with a result of € 14.1 million after tax. For that financial year IU Group recorded revenue of € 249.7 million and equity of € 865.4 million. Compared with financial year 2023, the result moved from € -55.2 million to € 14.1 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 December 24, 2025.
€ 865.4 million
▲ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14.1 million
▲ still € 55.2 million loss in 2023
Profit after tax over the fiscal year.
€ 12.6 million
▲ 20% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 795.7 million.
People and assets in 2024
27.6
▲ 4.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 4.9 million
▲ 4% vs 2023
€ 179,100 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.
€ 1.5 million
▼ 20% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 586 million
▲ 6% vs 2023
Loans from banks and other lenders, long and short.
€ 199.1 million
▼ 10% vs 2023
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 293 days on average.
€ 4.5 million
▼ 50% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 28,174,000 | € 144,021,501 | € 191,482,060 | € 249,689,256 | ▲ 30% |
| Profit after taxes | € 949,639,564 | € -47,093,719 | € -55,176,750 | € 14,108,865 | ▲ € 69.3 million |
| Equity | € 899,078,314 | € 851,984,595 | € 851,336,887 | € 865,445,752 | ▲ 2% |
| Total debts | € 641,489,850 | € 702,663,388 | € 786,127,634 | € 789,586,723 | |
| Cash | € 1,006,859 | € 1,637,111 | € 10,478,066 | € 12,624,415 | ▲ 20% |
| Retained profit | € 883,827,119 | € 836,733,400 | € 781,556,650 | € 795,665,515 | ▲ 2% |
| Bank debt | € 512,035,790 | € 559,462,501 | € 554,693,056 | € 586,013,889 | ▲ 6% |
| Balance sheet total | € 1,546,847,379 | € 1,579,864,399 | € 1,665,310,864 | € 1,675,693,257 | ▲ 1% |
| Employees (FTE) | 27.4 | 21.3 | 23.1 | 27.6 | ▲ 4.5 |
Key figures of IU Group, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to IU Group?
What happened at IU Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ralf SCHREMPER stepped down as director. NBB
- Sam FENTON-WHITTET stepped down as director. NBB
- Willy DIETZEL stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 14.1 million. filed late Source: NBB ↗
- Sam FENTON-WHITTET became a director. NBB
- New establishment in Brussel. KBO
- Mattias REITHMEYER became a director. NBB
- Marvin Christopher LANGE became a director. NBB
In short
From € 949.6 million profit in 2021 to € 14.1 million profit in 2024.
Paid € 3.4 million in corporate taxes since 2021.
Best year ever: 2021, with € 949.6 million profit.
A new publication or filing at IU Group? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind IU Group are Mattias REITHMEYER, Marvin Christopher LANGE and Sven SCHUTT. The shares are held by Oakley Capital Guinness Bidco sàrl (100%). It owns 100% of Study Access Alliance gGmbH, 100% of IU Erfurt GmbH, 100% of Pro Verwaltung GmbH, 100% of IU Hannover GmbH, 100% of IU IT Services GmbH and 100% of IU Karlsruhe GmbH itself.
Directors
According to the 2024 annual accounts
Mattias REITHMEYER
Lid van de directieraad
since 2021
Marvin Christopher LANGE
Lid van de directieraad
since 2021
Sven SCHUTT
Lid van de directieraad
since 2021
Ralf SCHREMPER
Lid van de toezichtsraad
since 2021 · until 2029
Sam FENTON-WHITTET
Lid van de toezichtsraad
since 2023 · until 2029
Willy DIETZEL
Lid van de toezichtsraad
since 2021 · until 2029
Shareholders
Oakley Capital Guinness Bidco sàrl
100%
Participations
Study Access Alliance gGmbH
100%
IU Erfurt GmbH
100%
Pro Verwaltung GmbH
100%
IU Hannover GmbH
100%
IU IT Services GmbH
100%
IU Karlsruhe GmbH
100%
IU Stuttgart GmbH
100%
IU Teaching Services 5 GmbH
100%
IU Bielefeld GmbH
100%
IU Leipzig GmbH
100%
IU Bad Honnef GmbH
100%
IU Dresden GmbH
100%
IU Teaching Services 8 GmbH
100%
IU Student Services Düsseldorf GmbH
100%
Walbrook Institute London Limited
100%
IU Münster GmbH
100%
IU Dortmund GmbH
100%
IU Bremen GmbH
100%
IU Mainz GmbH
100%
IU Student Services Braunschweig GmbH
100%
IU Augsburg GmbH
100%
IU Examination Service GmbH
100%
IU Köln GmbH
100%
IU Frankfurt a.M. GmbH
100%
IU International Services 1 GmbH
100%
IU Corporate Functions GmbH
100%
IU International Services 2 GmbH
100%
IU Sales Services GmbH
100%
IU Hamburg GmbH
100%
IU Medical School GmbH
100%
IU Ulm GmbH
100%
IU Service GmbH
100%
IU Duisburg GmbH
100%
IU Teaching Services 7 GmbH
100%
IU Teaching Services 9 GmbH
100%
IU Commercial 2 GmbH
100%
IU Academic Coordination & Program Services GmbH
100%
IU Media Production Services 3 GmbH
100%
IU München GmbH
100%
IU Mannheim GmbH
100%
IU International Academic Services GmbH
100%
Soziale Weiterbildung GmbH
100%
IU Lübeck GmbH
100%
IU Internationale Hochschule GmbH
100%
IU Finance Management GmbH
100%
IU Student Services GmbH
100%
IU Media Production Services 5 GmbH
100%
IU Nürnberg GmbH
100%
IU Media Production Services 2 GmbH
100%
IU International Programme Services GmbH
100%
IUBH Education India Private Limited
100%
hr Team Horst Rückle GmbH
100%
IU College London Ltd
100%
IU Student Services Berlin GmbH
100%
IU Essen GmbH
100%
IU Freiburg GmbH
100%
IU Media Production Services 4 GmbH
100%
Deine Weiterbildung GmbH
100%
IU Corporate Relations GmbH
100%
IU Commercial 1 GmbH
100%
IU International Holding Services GmbH
100%
IU Corporate Services GmbH
100%
IU Teaching Services 1 GmbH
100%
IU Marketing Service GmbH
100%
IU Teaching Services 6 GmbH
100%
IU Media Production Services GmbH
100%
Establishments
Establishment units
Physical locations of this company
Ambiorixsquare 10
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 16 companies are registered at this address.
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+11 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
- 0770.928.680
- VAT number
- BE 0770.928.680
- Registered office
- Ambiorixsquare 10, 1000 Brussel
- Names & denominations
- IU Group
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 July 2021
- Peppol
- Not registered
- Activities · NACE
Overige zakelijke dienstverlening, neg
Postsecundair niet-hoger onderwijs
Hoger onderwijs, n.e.g.
Overige vormen van onderwijs
Holdings
Post-secundair niet-hoger onderwijs
Activiteiten van holdings
Hoger onderwijs, neg