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
B2START from Ottignies-Louvain-la-Neuve, company number BE0669955343, closed financial year 2025 with a result of € -552,876 after tax. For that financial year B2START recorded revenue of € 3,550 and equity of € 4.1 million. Compared with financial year 2024, the result moved from € -4.1 million to € -552,876. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2026.
€ 4.1 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -552,876
▲ 86 % less loss than in 2024
Profit after tax over the fiscal year.
€ 22,879
▼ 90% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.3 million.
Debts at end 2025
€ 1.1 million
▲ 76% vs 2024
Loans from banks and other lenders, long and short.
€ 44,117
▼ 26% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 104 days on average.
€ 221
▼ 91% 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 | |
|---|---|---|---|---|---|
| Revenue | € 800 | € 15,660 | € 14,160 | € 3,550 | ▼ 75% |
| Profit after taxes | € -31,402 | € -626,576 | € -4,073,856 | € -552,876 | ▲ € 3.5 million |
| Equity | € 7,145,392 | € 8,688,382 | € 4,614,526 | € 4,061,650 | ▼ 12% |
| Total debts | € 30,657 | € 1,043,223 | € 662,749 | € 1,101,587 | ▲ 66% |
| Cash | € 746,554 | € 258,947 | € 240,210 | € 22,879 | ▼ 90% |
| Retained profit | € -24,173 | € -650,749 | € -4,724,605 | € -5,277,481 | ▼ € 552,876 |
| Bank debt | € 0 | € 1,000,000 | € 600,000 | € 1,057,000 | ▲ 76% |
| Balance sheet total | € 7,176,050 | € 9,731,605 | € 5,277,275 | € 5,178,237 | ▼ 2% |
Key figures of B2START, 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 B2START?
What happened at B2START in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 552,876. Source: NBB ↗
- SAINT-DENIS SA became a director. NBB
- Cédric JACQUET became a director. NBB
- IBA SA became a director. NBB
- Olivier PARVAIS became a director. NBB
- Gilles HUYGHEBAERT became a director. NBB
- Déborah DEPAUW became a director. NBB
- Arnaud VAN DOOSSELAERE became a director. NBB
In short
From € 31,402 loss in 2022 to € 552,876 loss in 2025.
Pays suppliers within 104 days on average.
A new publication or filing at B2START? 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 stake of SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
B2STARTBehind B2START are Cédric JACQUET, SAINT-DENIS SA, IBA SA, Olivier PARVAIS, Gilles HUYGHEBAERT and Déborah DEPAUW. The shares are held by SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON (60%). It owns 21.4% of THERMO POWER, 20% of GVE Europe, 8.2% of D-CARBONIZE, 8.1% of TRIGRR, 8% of CBX MEDICAL and 6.9% of INNOREHAB itself.
Directors
According to the 2025 annual accounts
Cédric JACQUET
Director
since 2023
Chairman of the board · represented by Pierre MOTTET
Also active at: Ion Beam Applications, Lease.BW, SUSTAINABLE ANCHORAGE, B2START INNOVATION et CROISSANCE
since 2024
Director · represented by Thomas PEVENAGE
Also active at: SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON, Lease.BW, THE POD, BIOWIN, B2START INNOVATION et CROISSANCE
since 2023
Olivier PARVAIS
Director
Also active at: SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON, Lease.BW, B2START INNOVATION et CROISSANCE
since 2023
Gilles HUYGHEBAERT
Director
Also active at: SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON, Lease.BW, B2START INNOVATION et CROISSANCE
since 2023
Déborah DEPAUW
Director
Also active at: SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON, Lease.BW, B2START INNOVATION et CROISSANCE
since 2023
Arnaud VAN DOOSSELAERE
Director
Also active at: SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON, Lease.BW, B2START INNOVATION et CROISSANCE
since 2023
Director · represented by Pierre RION
Also active at: IPM Group, SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON, Lease.BW, E-HEALTH VENTURE, LES NEWS 24, Editions de l’Avenir Presse, MAXEL GROUPE, AKKANTO +3 more
since 2023
Philippe EVRARD
Director
Also active at: SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON, Lease.BW, B2START INNOVATION et CROISSANCE
since 2023
Director · represented by Ludivine COULON
Also active at: SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON, Lease.BW, Calysta, B2START INNOVATION et CROISSANCE
since 2023
Laurence LEROY
Director
Also active at: SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON, Lease.BW
since 2023
Shareholders
Participations
21.4%
20%
8.2%
8.1%
8%
6.9%
4.8%
2.9%
1.6%
1.1%
0.4%
Establishments
Establishment units
Physical locations of this company
Rue Louis de Geer 2
1348 Ottignies-Louvain-la-Neuve
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 →SOCIETE D'ASSAINISSEMENT ET DE RENOVATION DES SITES INDUSTRIELS DU BRABANT WALLON
€ 54,082 revenue · 2025
SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON same network
€ 619,654 revenue · 2025
Lease.BW same network
€ 327,442 revenue · 2025
CROSSFACTORY
€ -13,649 gross margin · 2025
Société de Financement de Projets Structurants de l'Est du Brabant Wallon
€ 155,521 revenue · 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
- 0669.955.343
- VAT number
- BE 0669.955.343
- Registered office
- Rue Louis de Geer 2, 1348 Ottignies-Louvain-la-Neuve
- Names & denominations
- B2START
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 January 2017
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Overige activiteiten van geldscheppende financiële instellingen
Overige financiële dienstverlening, neg