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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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
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Busy address KBO
35 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS from Eupen, company number BE0437216117, closed financial year 2025 with a result of € 131,374 after tax. For that financial year ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS recorded a gross margin of € 160,307 and equity of € 3.6 million. Compared with financial year 2024, the result moved from € 306,870 to € 131,374. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 27, 2025.
€ 3.6 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 131,374
▼ 57% vs 2024
Profit after tax over the fiscal year.
€ 1 million
▼ 43% 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 € 2.6 million.
People and assets in 2025
4.9
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 620,822
▼ 3% vs 2024
€ 126,700 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.
€ 9,564
▼ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 32.9 million
▲ 10% vs 2024
Loans from banks and other lenders, long and short.
€ 33,407
▼ 83% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 112,188
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 303,593 | € 241,829 | € 166,496 | € 160,307 | ▼ 4% |
| Profit after taxes | € 428,636 | € 248,939 | € 306,870 | € 131,374 | ▼ 57% |
| Equity | € 3,060,740 | € 3,281,963 | € 3,555,203 | € 3,649,599 | ▲ 3% |
| Total debts | € 23,764,546 | € 26,012,742 | € 30,320,540 | € 33,062,958 | ▲ 9% |
| Cash | € 4,855,654 | € 6,155,447 | € 1,781,801 | € 1,016,056 | ▼ 43% |
| Retained profit | € 2,055,740 | € 2,276,963 | € 2,550,203 | € 2,644,599 | ▲ 4% |
| Bank debt | € 23,550,430 | € 25,796,763 | € 29,945,464 | € 32,877,503 | ▲ 10% |
| Balance sheet total | € 26,825,287 | € 29,294,705 | € 33,875,743 | € 36,712,558 | ▲ 8% |
| Employees (FTE) | 4.1 | 4.3 | 5 | 4.9 | ▼ 0.1 |
Key figures of ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS?
What happened at ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- NORBERT HEUKEMES stepped down as director. NBB
- PHILIPPE NEUMANN stepped down as director. NBB
- DORIS SCHAUS stepped down as director. NBB
- KELLY ZIMMERMANN stepped down as director. NBB
- ANDRE BRITZ stepped down as director. NBB
- WILFRIED NIESSEN stepped down as director. NBB
- NOSHAQ AG stepped down as director. NBB
- ING BELGIQUE AG stepped down as director. NBB
In short
From € 428,636 profit in 2022 to € 131,374 profit in 2025.
Paid € 379,442 in corporate taxes since 2022.
Best year ever: 2022, with € 428,636 profit.
On average € 32,700 of value added per employee in 2025.
A new publication or filing at ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS? 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 Wallonie Entreprendre, ORTIS, NSI IT Software & Services comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENSBehind ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS is Margit VEITHEN. The shares are held by Wallonie Entreprendre (43%), ORTIS (3.9%) and NSI IT Software & Services (0.8%). It owns 50% of MOVE IMMO, 48.7% of DUCOBAT, 30% of MEUSINVEST OSTBELGIENINVEST VENTURE EUROPE, 30% of MEUSINVEST OSTBELGIENINVEST VENTURE EUROPE 2, 27.9% of AS-Bau and 25.6% of 2B-HVAC itself.
Directors
According to the 2025 annual accounts
Margit VEITHEN
Manager
Also active at: Wirtschaftsförderungsgesellschaft Ostbelgiens VoG, S.A. JEAN CONVENTS A.G. - ENTREPRISES GENERALES - ALLGEMEINE BAUUNTERNEHMUNG, INCLUSIO OSTBELGIEN, BMI GROUP HOLDING, NEW LASER
Director · represented by GREGORY THEISSEN
Also active at: Uitwisselingscentrum en verrekening, BEDRIJVENCENTRUM - VLAAMSE ARDENNEN, BEDRIJVENCENTRUM DE PUNT, DE WOLKAMMERIJ
since 2022 · until 2024
WILFRIED NIESSEN
Chairman of the board
Also active at: MOVE, MEUSINVEST OSTBELGIENINVEST VENTURE EUROPE 2
since 2023 · until 2027
since 2023 · until 2028
Director · represented by RONY LECLERCQ
Also active at: United Brands Association, FPIM International - SFPI Internationaal - SFPIM International, Uitwisselingscentrum en verrekening, BEDRIJVENCENTRUM REGIO AALST, BEDRIJVENCENTRUM - VLAAMSE ARDENNEN, BEDRIJVENCENTRUM DE PUNT, FINANCIERE DU SUD - EST, AED Rent +26 more
since 2024 · until 2026
STAHL- UND APPARATEBAU HUPPERTZ AG
Director · represented by KARL-HEINZ HUPPERTZ
since 2022 · until 2025
Director · represented by GAETAN SERVAIS
Owns 0.2% via NSI IT Software & Services
Also active at: FRANKI, Iso - Calor, DARDENNE, DAO, Bureau d'Etudes Pierre Berger, SOGECOM, NOSHAQ IMMO, GABRIEL +59 more
since 2024 · until 2027
PHILIPPE NEUMANN
Director
Also active at: Business Transformation Companions, MIRMEX MOTOR, NEW LASER
since 2023 · until 2028
DORIS SCHAUS
Director
Also active at: Ardenner Grenzmarkt, KANUSE, RESCO, GROSSMARKT, CENTRALMARKT, EUSCO
since 2023 · until 2028
Director · represented by LISA FAYMONVILLE
since 2023 · until 2025
KELLY ZIMMERMANN
Director
since 2023 · until 2028
ANDRE BRITZ
Director
since 2023 · until 2028
since 2024 · until 2026
Shareholders
Participations
50%
48.7%
27.9%
25.6%
23.1%
22.3%
14.7%
13.3%
10.9%
5.3%
PICAVI
4.1%
1.7%
0.8%
0%
Establishments
Establishment units
Physical locations of this company
Hütte 79
4700 Eupen
Hütte 79 box 20
4700 Eupen
Active since 2 May 1989
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 35 companies are registered at this address.
All companies at this address →Wirtschaftsförderungsgesellschaft Ostbelgiens VoG same network
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€ 524,761 gross margin · 2025
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€ -33,739 gross margin · 2024
AMCOTEC
+30 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
- 0437.216.117
- VAT number
- BE 0437.216.117
- Registered office
- Hütte 79, 4700 Eupen
- Names & denominations
- ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS · OSTBELGIENINVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 1989
- Peppol
- Active · Active since 9 Dec 2025
- Activities · NACE
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