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.
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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
INVISTRAX from Aalter, company number BE0462264188, closed financial year 2025 with a result of € -162,131 after tax. For that financial year INVISTRAX recorded a gross margin of € -318,355 and equity of € 6.2 million. Compared with financial year 2024, the result moved from € -129,074 to € -162,131. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ 6.2 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -162,131
▼ 26 % more loss than in 2024
Profit after tax over the fiscal year.
€ 466
▼ 81% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 6.1 million.
Debts at end 2025
€ 41,057
▼ 94% vs 2024
€ 13,490 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 699,462
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 225,900 | € 229,952 | € -236,434 | € -318,355 | ▼ € 81,921 |
| Profit after taxes | € 3,645,251 | € 56,117 | € -129,074 | € -162,131 | ▼ € 33,057 |
| Equity | € 6,420,379 | € 6,476,496 | € 6,347,422 | € 6,185,291 | ▼ 3% |
| Total debts | € 14,965,284 | € 19,205,699 | € 20,634,652 | € 19,673,738 | ▼ 5% |
| Cash | € 37,342 | € 2,305 | € 2,402 | € 466 | ▼ 81% |
| Land & buildings | € 211,621 | € 205,739 | € 199,856 | - | |
| Retained profit | € 6,326,280 | € 6,382,397 | € 6,253,323 | € 6,091,193 | ▼ 3% |
| Bank debt | € 66,437 | € 851,814 | € 690,666 | € 41,057 | ▼ 94% |
| Balance sheet total | € 21,385,663 | € 25,682,195 | € 26,982,074 | € 25,859,030 | ▼ 4% |
Key figures of INVISTRAX, 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 April 2027.
What happened to INVISTRAX?
What happened at INVISTRAX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 162,131. Source: NBB ↗
- Hendrik Vanmaele became a director. NBB
- Joost Vanmaele became a director. NBB
- Sandrine Dams became a director. NBB
- New establishment in Aalter. KBO
- Start of the company according to the CBE. KBO
In short
From € 3.6 million profit in 2022 to € 162,131 loss in 2025.
Paid € 577,241 in corporate taxes since 2022.
Best year ever: 2022, with € 3.6 million profit.
Management
Behind INVISTRAX are Hendrik Vanmaele, Joost Vanmaele and Sandrine Dams. Hendrik Vanmaele is also behind MANAGEMENT CONSULTING LEUVEN, MOBIUS RESEARCH AND CONSULTING, VANMAELE, MOBIUS BUSINESS REDESIGN and FROOMLE. Sandrine Dams is also behind MOBIUS RESEARCH AND CONSULTING and MÖBIUS Holding.
Directors
According to the 2025 annual accounts
Hendrik Vanmaele
Managing director
Also active at: MANAGEMENT CONSULTING LEUVEN, MOBIUS RESEARCH AND CONSULTING, VANMAELE, MOBIUS BUSINESS REDESIGN, FROOMLE, SOLVENTURE LIFE, VALDER, Value4Health +3 more
since 2006
Joost Vanmaele
Director
since 2006
since 2006
Establishments
Establishment units
Physical locations of this company
Kraenepoelpad 4
9880 Aalter
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →MANAGEMENT CONSULTING LEUVEN same network
€ 25,915 gross margin · 2023
MOBIUS RESEARCH AND CONSULTING same network
€ 174,976 gross margin · 2024
VANMAELE same network
€ 605,878 gross margin · 2024
Hevamir
€ -1,754 gross margin · 2025
MÖBIUS Holding same network
€ 38,154 gross margin · 2024
+2 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
- 0462.264.188
- VAT number
- BE 0462.264.188
- Registered office
- Kraenepoelpad 4, 9880 Aalter
- Names & denominations
- INVISTRAX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 1997
- Peppol
- Active · Active since 27 Nov 2024
- Activities · NACE
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