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.
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Tight liquidity NBB
Cash and receivables cover 56 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
INDUSTRYA FUND from Seraing, company number BE0754619022, closed financial year 2025 with a result of € -1.6 million after tax. For that financial year INDUSTRYA FUND recorded a gross margin of € -1 million and equity of € 16.4 million. Compared with financial year 2024, the result moved from € -3.5 million to € -1.6 million. The company made a loss. 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 June 10, 2026.
€ 16.4 million
▲ 32% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.6 million
▲ 55 % less loss than in 2024
Profit after tax over the fiscal year.
€ 7,707
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8.1 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.
€ 21,819
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,531
▼ 44% 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 | € -983,136 | € -1,228,891 | € -1,323,625 | € -1,034,262 | ▲ € 289,363 |
| Profit after taxes | € -997,895 | € -1,173,323 | € -3,463,205 | € -1,550,694 | ▲ € 1.9 million |
| Equity | € 9,135,911 | € 12,962,588 | € 12,499,383 | € 16,448,690 | ▲ 32% |
| Total debts | € 49,315 | € 63,804 | € 80,666 | € 38,350 | ▼ 52% |
| Cash | € 3,003,459 | € 21,064 | € 34,881 | € 7,707 | ▼ 78% |
| Retained profit | € -1,864,089 | € -3,037,412 | € -6,500,617 | € -8,051,310 | ▼ € 1.6 million |
| Balance sheet total | € 9,185,226 | € 13,026,392 | € 12,580,050 | € 16,487,040 | ▲ 31% |
Key figures of INDUSTRYA 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 INDUSTRYA FUND?
What happened at INDUSTRYA FUND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vincent TREVISAN stepped down as director. NBB
- Carina SUTERA SARDO stepped down as director. NBB
- Eric VANDER VORST stepped down as director. NBB
- Michel VANHAESBROUCKE stepped down as director. NBB
- Wim ELSEN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.6 million. Source: NBB ↗
- NOSHAQ PARTNERS stepped down as director. NBB
- SPARAXIS stepped down as director. NBB
In short
From € 997,895 loss in 2022 to € 1.6 million loss in 2025.
Paid € 3,446 in corporate taxes since 2022.
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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 JOHN COCKERILL, LIMBURGSE RECONVERSIE MAATSCHAPPIJ, NOSHAQ, SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
INDUSTRYA FUNDThe shares are held by JOHN COCKERILL (52.4%), LIMBURGSE RECONVERSIE MAATSCHAPPIJ (11.9%), NOSHAQ (11.9%) and SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT (11.9%). It owns 26.3% of VOCSens, 21.7% of Supairvision, 18.8% of Enosis, 17.5% of Kheoos, 17.2% of Deltaray and 16.7% of Aloxy itself.
Directors
According to the 2025 annual accounts
Wim ELSEN
Director
since 2021 · until 2027
Eric VANDER VORST
Director
since 2023 · until 2029
Director · represented by Fabian MARCQ
Also active at: CAUTION MUTUELLE DES METIERS ET NEGOCES, Fonderies J. Marichal Ketin et Cie, DARDENNE, SOGECOM, VITAVERDE.BIO, HAEMERS Technologies, SPACEBEL, NOSHAQ VENTURE +169 more
since 2020 · until 2026
Director · represented by Sébastien DURIEUX
Also active at: C.P. Bourg, A.M.B., Jean Goldschmidt International, Ateliers Pierre Cerfontaine, Floridienne, Fonderies J. Marichal Ketin et Cie, JUNGLING, MEBF +223 more
since 2020 · until 2026
Carina SUTERA SARDO
Director
since 2024 · until 2030
LIMBURGSE RECONVERSIE MAATSCHAPPIJ
Director · represented by Tom Vanham
Also active at: H.W.P., Corda Campus, MIJNSCHADE EN BEMALING LIMBURGS MIJNGEBIED, be-DIVE, LRM Lease, RMW, CORDA CAMPUS 2.0, Mobietrain +33 more
since 2020 · until 2026
Gildino TAVARES-DUCROTOIS
Director
since 2021 · until 2026
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT
Director · represented by Pascal LIZIN
Also active at: Aviapartner Belgium, Société Anonyme Belge de Constructions Aéronautiques, Société Nationale de Construction Aérospatiale, COMETSAMBRE, ASCO INDUSTRIES, ZEPHYR - FIN, Sabena Aerospace Engineering, reMYND +33 more
since 2021 · until 2026
Michel VANHAESBROUCKE
Director
since 2022 · until 2028
Vincent TREVISAN
Director
since 2025 · until 2031
Shareholders
Participations
26.3%
Supairvision
21.7%
Enosis
18.8%
Kheoos
17.5%
17.2%
16.7%
Zozio
12.6%
SpotLight
10.2%
3.9%
Purenat sas
Mobility Work SAS
Establishments
Establishment units
Physical locations of this company
Avenue Greiner 1
4100 Seraing
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →John Cockerill-SOLIDAIRITE
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€ 34.2 million revenue · 2025
ESMA
€ -26,106 gross margin · 2025
+7 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
- 0754.619.022
- VAT number
- BE 0754.619.022
- Registered office
- Avenue Greiner 1, 4100 Seraing
- Names & denominations
- INDUSTRYA FUND
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2020
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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