Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
Invedel from Brugge, company number BE0443073333, closed financial year 2025 with a result of € -590,200 after tax. For that financial year Invedel recorded a gross margin of € 495,456 and equity of € 8 million. Compared with financial year 2024, the result moved from € -83,762 to € -590,200. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 8 million
▲ 57% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -590,200
▼ 605 % more loss than in 2024
Profit after tax over the fiscal year.
€ 217,800
▼ 73% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -490,387.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 49,849
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 30.4 million
▲ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 403
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,366
▼ 93% 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 | € 637,644 | € 867,216 | € 721,411 | € 495,456 | ▼ 31% |
| Profit after taxes | € 75,077 | € 92,157 | € -83,762 | € -590,200 | ▼ € 506,438 |
| Equity | € 5,091,419 | € 5,183,575 | € 5,099,813 | € 8,009,613 | ▲ 57% |
| Total debts | € 5,144,660 | € 28,655,995 | € 28,836,265 | € 31,001,065 | ▲ 8% |
| Cash | € 1,065,900 | € 569,350 | € 798,885 | € 217,800 | ▼ 73% |
| Land & buildings | € 9,113,184 | € 9,714,628 | € 9,588,523 | € 15,234,967 | ▲ 59% |
| Retained profit | € 91,419 | € 183,575 | € 99,813 | € -490,387 | ▼ € 590,200 |
| Bank debt | € 4,750,000 | € 28,150,000 | € 28,449,988 | € 30,383,810 | ▲ 7% |
| Balance sheet total | € 10,251,704 | € 33,854,224 | € 33,949,760 | € 39,023,388 | ▲ 15% |
Key figures of Invedel, 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 Invedel?
What happened at Invedel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lore Descheemaecker stepped down as director. NBB
- Kristien Vermeersch stepped down as director. NBB
- Michael Gurickx stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 590,200. filed late Source: NBB ↗
- Lore Descheemaecker became a director. NBB
- Kristien Vermeersch became a director. NBB
- Michael Gurickx became a director. NBB
- New establishment in Brugge. KBO
In short
From € 75,077 profit in 2022 to € 590,200 loss in 2025.
Paid € 121,511 in corporate taxes since 2022.
Best year ever: 2023, with € 92,157 profit.
Management
It owns 70% of Novus Holding itself.
Directors
According to the 2025 annual accounts
Lore Descheemaecker
Managing director
since 2023 · until 2028
Kristien Vermeersch
Director
since 2023 · until 2028
Michael Gurickx
Director
Also active at: Novus, Modus Vivendi Projects, T SAMMELTJE, KEUVELLAND, RURSUS REAL ESTATE DEVELOPMENT, PARK AAN DE STROOM I, PARK AAN DE STROOM II, BARON RUZETTE BRUGGE +2 more
since 2023 · until 2028
Establishments
Establishment units
Physical locations of this company
Scheepsdalelaan 60
8000 Brugge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →GILBEKO
€ -11,199 gross margin · 2025
Novus same network
€ 10.2 million revenue · 2025
RURSUS REAL ESTATE DEVELOPMENT same network
€ 4,315 gross margin · 2026
Novus Holding same network
€ 143,400 revenue · 2025
Novus Construct same network
€ 293,208 gross margin · 2025
+1 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
- 0443.073.333
- VAT number
- BE 0443.073.333
- Registered office
- Scheepsdalelaan 60, 8000 Brugge
- Names & denominations
- Invedel
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 January 1991
- Peppol
- Active · Active since 28 Oct 2025
- Activities · NACE
Activiteiten van hoofdkantoren
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen