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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Negative equity NBB
More debt than assets in 3 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 10 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
51 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
iret development from Antwerpen, company number BE0894404732, closed financial year 2025 with a result of € -247,917 after tax. For that financial year iret development recorded revenue of € 10.2 million and equity of € -496,833. Compared with financial year 2024, the result moved from € -554,530 to € -247,917. 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 July 1, 2026.
€ -496,833
▼ € 247,917 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -247,917
▲ 55 % less loss than in 2024
Profit after tax over the fiscal year.
€ 843,705
▲ € 780,125 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.2 million.
People and assets in 2025
5.7
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 584,234
▼ 24% vs 2024
€ 102,500 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.
€ 20,387
▼ 72% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 43.3 million
▲ 18% vs 2024
€ 37 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 8.4 million
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 224 days on average.
€ 887,851
▲ 68% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 173,480,664 | € 4,046,020 | € 1,248,604 | € 10,238,096 | ▲ € 9 million |
| Profit after taxes | € 990,678 | € -443,280 | € -554,530 | € -247,917 | ▲ € 306,613 |
| Equity | € -3,091,106 | € 305,615 | € -248,915 | € -496,833 | ▼ € 247,917 |
| Total debts | € 27,115,825 | € 47,255,181 | € 84,252,454 | € 104,318,743 | ▲ 24% |
| Cash | € 116,865 | € 111,006 | € 63,579 | € 843,705 | ▲ € 780,125 |
| Land & buildings | € 369,576 | € 361,091 | € 352,606 | € 344,121 | ▼ 2% |
| Retained profit | € -4,671,106 | € -444,385 | € -998,915 | € -1,246,833 | ▼ € 247,917 |
| Bank debt | € 0 | € 15,850,000 | € 36,720,726 | € 43,250,027 | ▲ 18% |
| Balance sheet total | € 24,374,719 | € 47,910,796 | € 84,003,538 | € 103,821,911 | ▲ 24% |
| Employees (FTE) | 6.1 | 4.9 | 6.5 | 5.7 | ▼ 0.8 |
Key figures of iret development, 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 iret development?
What happened at iret development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- INTERGERIM NV stepped down as director. NBB
- JOSTI NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 247,917. Source: NBB ↗
- INTERGERIM NV became a director. NBB
- JOSTI NV became a director. NBB
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 990,678 profit in 2022 to € 247,917 loss in 2025.
Paid € 4,995 in corporate taxes since 2022.
Best year ever: 2022, with € 990,678 profit.
A new publication or filing at iret development? 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
The stake of IRET INVESTMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
iret developmentThe shares are held by IRET INVESTMENT (100%). It owns 100% of Woluwe Viaduct and 100% of Everop Porte de France itself.
Directors
According to the 2025 annual accounts
Director · represented by MARYSE ODEURS
Also active at: Multi - Invest, Bureel voor Ontwerp, Realisatie, Architektuur, Leefmilieu en Ingenieurstudies, GROENPLAATS, Promotion Immobilière Européenne, PROPERTY SERVICE, REAL ESTATE PROPERTIES INVESTMENT, Center Construct, INTERGERIM +34 more
since 2023 · until 2029
Managing director · represented by Eric De Vocht
Also active at: Multi - Invest, Bureel voor Ontwerp, Realisatie, Architektuur, Leefmilieu en Ingenieurstudies, GROENPLAATS, Promotion Immobilière Européenne, PROPERTY SERVICE, Center Construct, IRET INVESTMENT, ESPACE SAINT ANTOINE +33 more
since 2024 · until 2030
Shareholders
100%
Participations
100%
Everop Porte de France
100%
Establishments
Establishment units
Physical locations of this company
Lange Gasthuisstraat 35-37
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 51 companies are registered at this address.
All companies at this address →Multi - Invest same network
€ -12,930 gross margin · 2025
HOLCRO
€ 10.7 million revenue · 2024
Bureel voor Ontwerp, Realisatie, Architektuur, Leefmilieu en Ingenieurstudies same network
€ 1,696 gross margin · 2025
GROENPLAATS same network
€ 78,006 gross margin · 2025
Promotion Immobilière Européenne same network
€ -17,189 gross margin · 2025
+46 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
- 0894.404.732
- VAT number
- BE 0894.404.732
- Registered office
- Lange Gasthuisstraat 35-37, 2000 Antwerpen
- Names & denominations
- iret development
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2007
- Peppol
- Active · Active since 15 Dec 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
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