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 1 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 8 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BELUX INNOVATION HOLDING from Brussel, company number BE0664799495, closed financial year 2025 with a result of € -18.1 million after tax. Compared with financial year 2024, the result moved from € -663,850 to € -18.1 million. 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 15, 2026.
€ -7,065
▼ € 5.1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -18.1 million
▼ 2624 % more loss than in 2024
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -43.3 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 7,780
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 170 days on average.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 6,209 | € -23,333,837 | € -663,850 | € -18,082,486 | ▼ € 17.4 million |
| Equity | € 26,623,108 | € 5,739,271 | € 5,075,422 | € -7,065 | ▼ € 5.1 million |
| Total debts | € 3,228,316 | € 4,224,922 | € 1,496,550 | € 13,665 | ▼ 99% |
| Retained profit | € -1,176,892 | € -24,510,729 | € -25,174,578 | € -43,257,065 | ▼ € 18.1 million |
| Balance sheet total | € 29,851,424 | € 9,964,193 | € 6,571,971 | € 6,600 | ▼ € 6.6 million |
Key figures of BELUX INNOVATION HOLDING, 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 BELUX INNOVATION HOLDING?
What happened at BELUX INNOVATION HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Olivier De Riemaecker stepped down as director. NBB
- Bruno Defrasnes stepped down as director. NBB
- Catherine Levy stepped down as director. NBB
- Bruno Detavernier stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 18.1 million. Source: NBB ↗
- Olivier De Riemaecker became a director. NBB
- Bruno Defrasnes became a director. NBB
- Catherine Levy became a director. NBB
In short
From € 6,209 profit in 2022 to € 18.1 million loss in 2025.
Best year ever: 2022, with € 6,209 profit.
Pays suppliers within 170 days on average.
A new publication or filing at BELUX INNOVATION HOLDING? 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 Electrabel (100%).
Directors
According to the 2025 annual accounts
Bruno Detavernier
Director
since 2021 · until 2027
Olivier De Riemaecker
Chairman of the board
since 2022 · until 2028
Bruno Defrasnes
Director
since 2022 · until 2028
Catherine Levy
Director
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Simon Bolivarlaan 36
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →Union financière et industrielle
ENGIE ENERGY SERVICES INTERNATIONAL
BELGONUCLEAIRE
ELECTRABEL same network
€ 13.1 billion revenue · 2025
INTERNATIONAL POWER
€ 33.4 million revenue · 2024
+38 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
- 0664.799.495
- VAT number
- BE 0664.799.495
- Registered office
- Simon Bolivarlaan 36, 1000 Brussel
- Names & denominations
- BELUX INNOVATION HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 2016
- Peppol
- Active · Active since 2 Dec 2025
- Contact
- engie.com