Financials
Financial year 2025
E-MERGE SPX from Ukkel, company number BE0665666854, closed financial year 2025 with a result of € 169,247 after tax. For that financial year E-MERGE SPX recorded a gross margin of € -19,689 and equity of € 1.7 million. Compared with financial year 2024, the result moved from € 155,415 to € 169,247. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 1.7 million
▲ 11% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 169,247
▲ 9% vs 2024
Profit after tax over the fiscal year.
€ 106,099
▼ 44% 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 € 1.6 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,184
▲ € 1,094 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 64,808
▼ 80% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -100,544 | € -12,030 | € -55,419 | € -19,689 | ▲ € 35,730 |
| Profit after taxes | € 1,149,675 | € 60,266 | € 155,415 | € 169,247 | ▲ 9% |
| Equity | € 2,116,032 | € 2,176,297 | € 1,531,712 | € 1,700,960 | ▲ 11% |
| Total debts | € 304,042 | € 292,258 | € 627,361 | € 65,992 | ▼ 89% |
| Cash | € 32,758 | € 118,847 | € 187,839 | € 106,099 | ▼ 44% |
| Retained profit | € 2,054,532 | € 2,114,797 | € 1,470,212 | € 1,639,460 | ▲ 12% |
| Dividend | € 0 | € 0 | € 800,000 | € 0 | ▼ 100% |
| Balance sheet total | € 2,420,074 | € 2,468,555 | € 2,159,073 | € 1,766,952 | ▼ 18% |
Key figures of E-MERGE SPX, 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 E-MERGE SPX?
What happened at E-MERGE SPX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Laurent DRION stepped down as director. NBB
- Gaspard DRION stepped down as director. NBB
- Noémie DRION stepped down as director. NBB
- Muriel ALHADEFF stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 169,247 (▲ 9% vs 2024). Source: NBB ↗
- Gaspard DRION became a director. NBB
- Noémie DRION became a director. NBB
- Laurent DRION became a director. NBB
In short
From € 1.1 million profit in 2022 to € 169,247 profit in 2025.
Paid € 815,575 in corporate taxes since 2022.
Best year ever: 2022, with € 1.1 million profit.
Paid out € 800,000 in dividends to the owners in total.
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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 E-Merge (90.6%). It owns 100% of AX-PaSi-Funds, LLC A-JLX-59-Fund, 86% of AngelList Funds LLC A-TKC-25-Fund, 84% of AngelList Funds, LLC A-OSW-63-Fund, 74% of AngelList Funds LLC A-JJW-61-FUND, 64% of AX-79Vc-Funds, LLC TP and 54% of AngelList-ER-Funds LLC Hack VC SPV I itself.
Directors
According to the 2025 annual accounts
Laurent DRION
Managing director
Also active at: E - MERGE, E-MERGE CB, E-MERGE SLY, E-MERGE ALS, E-MERGE O3, E-MERGE GF1, IMMOBILIERE CARACOLE, 3POMMES.ORG
since 2021 · until 2032
Gaspard DRION
Managing director
Also active at: E - MERGE, E-MERGE CB, E-MERGE SLY, E-MERGE ALS, E-MERGE GF1, IMMOBILIERE CARACOLE
since 2026 · until 2032
Noémie DRION
Managing director
Also active at: E - MERGE, E-MERGE CB, E-MERGE SLY, E-MERGE ALS, E-MERGE GF1, IMMOBILIERE CARACOLE
since 2026 · until 2032
Muriel ALHADEFF
Managing director
Also active at: E - MERGE, E-MERGE CB, E-MERGE SLY, E-MERGE ALS, E-MERGE O3, E-MERGE GF1, IMMOBILIERE CARACOLE
since 2021 · until 2032
Shareholders
90.6%
Participations
AX-PaSi-Funds, LLC A-JLX-59-Fund
100%
AngelList Funds LLC A-TKC-25-Fund
86%
AngelList Funds, LLC A-OSW-63-Fund
84%
AngelList Funds LLC A-JJW-61-FUND
74%
AX-79Vc-Funds, LLC TP
64%
AngelList-ER-Funds LLC Hack VC SPV I
54%
Survival Eco Comp Invest LLC A-CGN-22-Fd
46%
AngelList-ShGa-Funds, LLC A-ZBJ-15-Fund
45%
AngelList-ER-Funds, LLC A-ZHU-24-Fund
39%
Arya Stark Holdings, LLC SPV I
38%
Survival Eco Comp Inv LLC Alpha Inst Fd1
32%
AngelList-ER-Funds, LLC A-CUK-16-Fund
24%
AX-IA-Funds, LLC A-CXQ-18-Fund
24%
Abstract Vent Spe Opport LLC A-DKB-18-Fd
23%
Sun Room Funds, LLC 3908 Spruce 2
22%
AngelList-NR-Funds, LLC A-MTE-15-Fund
16%
Opportunity Master FdsLLC Haystack SPVII
AngelList-DaTe-Funds, LLC A-DAR-16-Fund
Opportunity Master Fds LLC Haystack SPVI
AX-PaSi-Funds, LLC A-RVN-22-Fund
Accelerator Vent AL LLC AVC-Fuzy-SPV2 Fd
Survival Eco Co Invest LLC A-PDW-14-Fd
Titan Capital Worldwide, LP Titan Fund
AX-PaSi-Funds, LLC A-CEM-12-Fund
AX-AN-Funds, LP A-WGD-18-Fund
Heron Rock Endeavor Nth Fd LP A-UGO13-Fd
AngelList-TeEs-Funds, LLC A-ATH-13-Fund
AngelList-DaTe-Funds, LLC A-MUM-14-Fund
Survival Eco Co Inv LLC A-AMX-13-PR-Fd
Hack-ER-VC, LLC Hack-WR-1
AngelList Funds LP AngelList-Uph-PR-Fund
Hack VC, LP Hack 2
Establishments
Establishment units
Physical locations of this company
Van Beverlaan 4
1180 Ukkel
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 →E - MERGE same network
€ -2.2 million gross margin · 2025
EBOOKS
€ 386,366 gross margin · 2025
E-MERGE CB same network
€ -5,562 gross margin · 2025
E-MERGE SLY same network
€ -7,752 gross margin · 2025
E-MERGE ALS same network
€ -77,174 gross margin · 2025
+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
- 0665.666.854
- VAT number
- BE 0665.666.854
- Registered office
- Van Beverlaan 4, 1180 Ukkel
- Names & denominations
- E-MERGE SPX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 2 November 2016
- Peppol
- Active · Active since 5 Dec 2025