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.
-
Busy address KBO
20 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Indufin Investment Fund from Dilbeek, company number BE0729597376, closed financial year 2025 with a result of € -448,316 after tax. Compared with financial year 2024, the result moved from € -172,063 to € -448,316. 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 May 13, 2026.
€ 57.7 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -448,316
▼ 161 % more loss than in 2024
Profit after tax over the fiscal year.
€ 907,942
▲ 13% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 670,797.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,452
▼ 97% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1 days on average.
€ 9,633
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € -6,021,490 | € 17,696,290 | € -172,063 | € -448,316 | ▼ € 276,254 |
| Equity | € 36,881,752 | € 35,211,442 | € 58,099,880 | € 57,651,563 | ▼ 1% |
| Total debts | € 8,868 | € 71,616 | € 1,308,100 | € 12,055 | ▼ 99% |
| Cash | € 1,237,941 | € 683,116 | € 800,047 | € 907,942 | ▲ 13% |
| Retained profit | € -8,857,748 | € 1,291,176 | € 1,119,113 | € 670,797 | ▼ 40% |
| Dividend | € 0 | € 7,547,366 | € 0 | € 0 | |
| Balance sheet total | € 36,890,620 | € 35,283,058 | € 59,407,980 | € 57,663,619 | ▼ 3% |
Key figures of Indufin Investment Fund, 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 Indufin Investment Fund?
What happened at Indufin Investment Fund in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Philippe Vandeurzen stepped down as director. NBB
- Bart Deckers stepped down as director. NBB
- Jos Thys stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 448,316. Source: NBB ↗
- Indufin Fund Manager NV stepped down as director. NBB
- De Eik NV stepped down as director. NBB
- Philippe Vandeurzen became a director. NBB
- Bart Deckers became a director. NBB
In short
From € 6 million loss in 2022 to € 448,316 loss in 2025.
Best year ever: 2023, with € 17.7 million profit.
Paid out € 7.5 million in dividends to the owners in total.
Pays suppliers within 1 days on average.
Management
The stake of De Eik, Indufin Fund Manager comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Indufin Investment FundThe shares are held by De Eik (57.1%) and Indufin Fund Manager (3%). It owns 54.2% of Springbok Group, 44% of Landia Holding, 40% of Yellow Partners, 37% of Acefin, 35% of Penne Enterprises and 32% of Secutec Corporation itself.
Directors
According to the 2025 annual accounts
Philippe Vandeurzen
Director
since 2025 · until 2028
Director · represented by Klara Van Waeyenberge
Also active at: Springbok Group, Landia Holding, Yellow Partners, Penne Enterprises, Springbok, ACEFIN
since 2023 · until 2026
Bart Deckers
Director
since 2025 · until 2028
Jos Thys
Director
since 2025 · until 2028
Director · represented by Titia Van Waeyenberge
Also active at: Pietercil Delby's, PROMINTER, Mediahuis Partners, Properties Legen Heirweg, MEDIAHUIS, e-BO Enterprises, Indufin Fund Manager, PIETERCIL GROUP +4 more
since 2023 · until 2026
Shareholders
57.1%
Participations
54.2%
44%
40%
37%
Establishments
Establishment units
Physical locations of this company
Eikelenbergstraat 20
1700 Dilbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 20 companies are registered at this address.
All companies at this address →Ecoval
INDUFIN
€ -8,842 gross margin · 2025
PROMINTER same network
Cultura
De Eik same network
€ 12,000 revenue · 2025
+15 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
- 0729.597.376
- VAT number
- BE 0729.597.376
- Registered office
- Eikelenbergstraat 20, 1700 Dilbeek
- Names & denominations
- Indufin Investment Fund
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 1 July 2019
- Peppol
- Active · Active since 28 Nov 2025