What does International Commercial Relations do?

International Commercial Relations is a wholesaler in Hasselt. Private Limited, started on 19 April 2011, 1 establishment.

What is the address of International Commercial Relations?

The registered office of International Commercial Relations is located at Hasseltse Beverzakstraat 191D, 3500 Hasselt.

Is International Commercial Relations still active?

Yes. According to the CBE (3 October 2026) International Commercial Relations is active, legal situation “Normale toestand”, started on 19 April 2011.

Is International Commercial Relations registered on Peppol?

Yes, International Commercial Relations is registered on the Peppol network with ID 0208:0835621940.

What is the enterprise number of International Commercial Relations?

The enterprise number of International Commercial Relations is BE0835621940.

When was International Commercial Relations founded?

International Commercial Relations was founded on 19 April 2011.

Who are the directors of International Commercial Relations?

According to the 2024 annual accounts, the directors of International Commercial Relations are: Francois Haesevoets, Inge Verstraeten.

Is International Commercial Relations a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 19 April 2011; 4 annual accounts filed, latest fiscal year 2024; 2 directors known from the annual account.

How much profit did International Commercial Relations make in 2024?

International Commercial Relations posted a profit after taxes of € 23,377 in financial year 2024.

What is the revenue of International Commercial Relations?

As a small company, International Commercial Relations is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 49,458.

International Commercial Relations (Private Limited)

Dossier International Commercial Relations, printed on 3 October 2026 from databakkes.be/en/0835621940/international-commercial-relations. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2024

International Commercial Relations from Hasselt, company number BE0835621940, closed financial year 2024 with a result of € 23,377 after tax. For that financial year International Commercial Relations recorded a gross margin of € 49,458 and equity of € 208,920. Compared with financial year 2023, the result moved from € 30,268 to € 23,377. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.

What it is worth Healthy

€ 208,920

▼ 11% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 23,377

▼ 23% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 3,250

▲ 200% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 50,390 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2024

Vehicles and equipment

€ 20,509

▲ € 18,147 vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 5 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 102,814

▼ 15% vs 2023

€ 19,594 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 3,625

▲ 237% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 4,786

▲ 232% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 43,000 Gross margin 2021: € 43,000 First fiscal year in the series	€ 22,383 Gross margin 2022: € 22,383 ▼ 48% vs 2021 (€ 43,000) Unfavourable step	€ 61,251 Gross margin 2023: € 61,251 ▲ 174% vs 2022 (€ 22,383) Favourable step	€ 49,458 Gross margin 2024: € 49,458 ▼ 19% vs 2023 (€ 61,251) Unfavourable step	▼ 19%
Profit after taxes	€ 19,480 Profit after taxes 2021: € 19,480 First fiscal year in the series	€ -12,921 Profit after taxes 2022: € -12,921 ▼ € 32,401 vs 2021 (€ 19,480) Unfavourable step	€ 30,268 Profit after taxes 2023: € 30,268 ▲ € 43,189 vs 2022 (€ -12,921) Favourable step	€ 23,377 Profit after taxes 2024: € 23,377 ▼ 23% vs 2023 (€ 30,268) Unfavourable step	▼ 23%
Equity	€ 218,586 Equity 2021: € 218,586 First fiscal year in the series	€ 205,665 Equity 2022: € 205,665 ▼ 6% vs 2021 (€ 218,586) Unfavourable step	€ 235,933 Equity 2023: € 235,933 ▲ 15% vs 2022 (€ 205,665) Favourable step	€ 208,920 Equity 2024: € 208,920 ▼ 11% vs 2023 (€ 235,933) Unfavourable step	▼ 11%
Total debts	€ 77,805 Total debts 2021: € 77,805 First fiscal year in the series	€ 177,193 Total debts 2022: € 177,193 ▲ 128% vs 2021 (€ 77,805) Unfavourable step	€ 134,797 Total debts 2023: € 134,797 ▼ 24% vs 2022 (€ 177,193) Favourable step	€ 167,159 Total debts 2024: € 167,159 ▲ 24% vs 2023 (€ 134,797) Unfavourable step	▲ 24%
Cash	€ 3,690 Cash 2021: € 3,690 First fiscal year in the series	€ 3,858 Cash 2022: € 3,858 ▲ 5% vs 2021 (€ 3,690) Favourable step	€ 1,083 Cash 2023: € 1,083 ▼ 72% vs 2022 (€ 3,858) Unfavourable step	€ 3,250 Cash 2024: € 3,250 ▲ 200% vs 2023 (€ 1,083) Favourable step	▲ 200%
Land & buildings	€ 135,231 Land & buildings 2021: € 135,231 First fiscal year in the series	€ 278,505 Land & buildings 2022: € 278,505 ▲ 106% vs 2021 (€ 135,231) Unchanged	€ 270,594 Land & buildings 2023: € 270,594 ▼ 3% vs 2022 (€ 278,505) Unchanged	€ 266,577 Land & buildings 2024: € 266,577 ▼ 1% vs 2023 (€ 270,594) Unchanged	▼ 1%
Retained profit	€ 212,386 Retained profit 2021: € 212,386 First fiscal year in the series	€ 199,465 Retained profit 2022: € 199,465 ▼ 6% vs 2021 (€ 212,386) Unfavourable step	€ 229,733 Retained profit 2023: € 229,733 ▲ 15% vs 2022 (€ 199,465) Favourable step	€ 202,720 Retained profit 2024: € 202,720 ▼ 12% vs 2023 (€ 229,733) Unfavourable step	▼ 12%
Dividend	€ 0 Dividend 2021: € 0 First fiscal year in the series	€ 0 Dividend 2022: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2023: € 0 Unchanged (€ 0) Unchanged	€ 50,390 Dividend 2024: € 50,390 Unchanged (€ 0) Unchanged
Bank debt	€ 71,404 Bank debt 2021: € 71,404 First fiscal year in the series	€ 159,889 Bank debt 2022: € 159,889 ▲ 124% vs 2021 (€ 71,404) Unfavourable step	€ 121,312 Bank debt 2023: € 121,312 ▼ 24% vs 2022 (€ 159,889) Favourable step	€ 102,814 Bank debt 2024: € 102,814 ▼ 15% vs 2023 (€ 121,312) Favourable step	▼ 15%
Balance sheet total	€ 296,391 Balance sheet total 2021: € 296,391 First fiscal year in the series	€ 382,858 Balance sheet total 2022: € 382,858 ▲ 29% vs 2021 (€ 296,391) Unchanged	€ 370,730 Balance sheet total 2023: € 370,730 ▼ 3% vs 2022 (€ 382,858) Unchanged	€ 376,079 Balance sheet total 2024: € 376,079 ▲ 1% vs 2023 (€ 370,730) Unchanged	▲ 1%

Key figures of International Commercial Relations, 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 International Commercial Relations?

What happened at International Commercial Relations in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 30, 2025 New annual accounts for financial year 2024: profit of € 23,377 (▼ 23% vs 2023). filed late Source: NBB ↗
May 9, 2011 New establishment in Hasselt. KBO
Apr 19, 2011 Start of the company according to the CBE. KBO

In short

From € 19,480 profit in 2021 to € 23,377 profit in 2024.

Paid € 29,245 in corporate taxes since 2021.

Best year ever: 2023, with € 30,268 profit.

Paid out € 50,390 in dividends to the owners in total.

Original PDFs at the National Bank ↗

A new publication or filing at International Commercial Relations? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Francois Haesevoets Inge Verstraeten

International Commercial Relations

Behind International Commercial Relations are Francois Haesevoets and Inge Verstraeten.

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Directors

According to the 2024 annual accounts

Francois Haesevoets

Director

Inge Verstraeten

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Hasseltse Beverzakstraat 191D

3500 Hasselt

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0835.621.940

VAT number

BE 0835.621.940

Registered office

Hasseltse Beverzakstraat 191D, 3500 Hasselt

Names & denominations

International Commercial Relations · ICR

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

19 April 2011

Peppol

Active · Active since 17 Dec 2025

Activities · NACE

Groothandel in foto- en filmapparatuur en in andere optische artikelen

Activiteiten van holdings

Overige financiële dienstverlening, neg

Overige zakelijke dienstverlening, neg

Handel in eigen onroerend goed

Holdings

View on CBE Public ↗ Annual accounts (NBB) ↗