Financials
Financial year 2025
ESRI BELUX from Grimbergen, company number BE0463388893, closed financial year 2025 with a result of € 2.2 million after tax. For that financial year ESRI BELUX recorded revenue of € 17.1 million and equity of € 540,283. Compared with financial year 2024, the result moved from € 1.8 million to € 2.2 million. Profitable, and profit is growing. 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 May 27, 2026.
€ 540,283
▲ 19% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.2 million
▲ 17% vs 2024
Profit after tax over the fiscal year.
€ 4.9 million
▲ 80% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2.1 million paid out
96 % of the profit went to the shareholders, mostly to MAVY NV (90 % of the shares). That is where the money ends up.
People and assets in 2025
46.1
▲ 2.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.4 million
▲ 10% vs 2024
€ 95,900 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.
€ 73,259
▼ 3% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 4.2 million
▲ 16% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 134 days on average.
€ 1.1 million
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,489,584 | € 12,479,174 | € 16,096,249 | € 17,090,844 | ▲ 6% |
| Profit after taxes | € 665,407 | € 1,055,208 | € 1,849,105 | € 2,168,890 | ▲ 17% |
| Equity | € 837,416 | € 877,624 | € 453,523 | € 540,283 | ▲ 19% |
| Total debts | € 6,948,977 | € 8,383,870 | € 11,451,683 | € 11,529,821 | ▲ 1% |
| Cash | € 2,549,017 | € 4,215,628 | € 2,714,041 | € 4,896,035 | ▲ 80% |
| Retained profit | € 408,682 | € 448,890 | € 24,789 | € 111,550 | ▲ € 86,760 |
| Dividend | € 640,000 | € 1,015,000 | € 2,273,206 | € 2,082,130 | ▼ 8% |
| Balance sheet total | € 7,786,393 | € 9,261,493 | € 11,905,206 | € 12,070,104 | ▲ 1% |
| Employees (FTE) | 32.1 | 36.3 | 43.4 | 46.1 | ▲ 2.7 |
Key figures of ESRI BELUX, 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 ESRI BELUX?
What happened at ESRI BELUX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- André JADOT stepped down as director. NBB
- Frederik WAÛTERS stepped down as director. NBB
- ESRI Inc. BO stepped down as director. NBB
- ESRI International LLC stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 2.2 million (▲ 17% vs 2024). Source: NBB ↗
- ESRI International LLC became a director. NBB
- André JADOT became a director. NBB
- Frederik WAÛTERS became a director. NBB
In short
From € 665,407 profit in 2022 to € 2.2 million profit in 2025.
Paid € 1.6 million in corporate taxes since 2022.
Best year ever: 2025, with € 2.2 million profit.
Paid out € 6 million in dividends to the owners in total.
A new publication or filing at ESRI BELUX? 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 shares are held by MAVY NV (90%). It owns 100% of ESRI BeLux SA itself.
Directors
According to the 2025 annual accounts
Director · represented by Dean ANGELIDES
Also active at: SCOTT Sports BeLux, NAVIUS CORPORATE FINANCE AND STRATEGY, Metamo, Bordo Europe, OPTI-WOOD
since 2022 · until 2028
André JADOT
Managing director
Also active at: Eurosense Belfotop, Société wallonne de Photogrammetrie, FINHEUSTER, IR A. JADOT
since 2023 · until 2029
ESRI International LLC
Director · represented by Robert DRIESSNACK
since 2025 · until 2028
Frederik WAÛTERS
Managing director
since 2023 · until 2029
Shareholders
90%
Participations
ESRI BeLux SA
100%
Establishments
Establishment units
Physical locations of this company
Boechoutlaan 103 box 0.01
1853 Grimbergen
Nerviërslaan 54
1780 Wemmel
Active since 16 June 1998
Chaussée de Liège(JB) 221
5100 Namur
Active since 1 April 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0463.388.893
- VAT number
- BE 0463.388.893
- Registered office
- Boechoutlaan 103 bus 0.01, 1853 Grimbergen
- Names & denominations
- ESRI BELUX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 1998
- Peppol
- Active · Active since 4 Mar 2025
- Activities · NACE
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