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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
53 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Belgian Resilience Fund from Watermaal-Bosvoorde, company number BE0778407578, closed financial year 2025 with a result of € -6.3 million after tax. For that financial year Belgian Resilience Fund recorded revenue of € 600,000 and equity of € 83.4 million. Compared with financial year 2024, the result moved from € -3.8 million to € -6.3 million. 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 July 20, 2026.
€ 83.4 million
▼ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6.3 million
▼ 65 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2.9 million
▼ 1% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -10.9 million.
Debts at end 2025
€ 61.4 million
▲ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 351,801
▼ 84% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 91 days on average.
€ 22,990
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 | - | - | - | € 600,000 | |
| Profit after taxes | € -778,899 | € 85,125 | € -3,840,837 | € -6,323,235 | ▼ € 2.5 million |
| Equity | € 29,542,101 | € 36,937,226 | € 99,687,758 | € 83,364,518 | ▼ 16% |
| Total debts | € 2,896,958 | € 1,645,891 | € 63,628,108 | € 62,997,194 | ▼ 1% |
| Cash | € 1,038,551 | € 644,580 | € 2,930,111 | € 2,909,824 | ▼ 1% |
| Retained profit | € -778,899 | € -693,774 | € -4,534,611 | € -10,857,846 | ▼ € 6.3 million |
| Bank debt | € 10,349 | € 0 | € 60,591,369 | € 61,384,619 | ▲ 1% |
| Balance sheet total | € 32,439,059 | € 38,583,117 | € 163,315,865 | € 146,361,712 | ▼ 10% |
Key figures of Belgian Resilience 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 Belgian Resilience Fund?
What happened at Belgian Resilience Fund in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6.3 million. Source: NBB ↗
- BRF Management became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 778,899 loss in 2022 to € 6.3 million loss in 2025.
Paid € 22,990 in corporate taxes since 2022.
Best year ever: 2023, with € 85,125 profit.
Pays suppliers within 91 days on average.
A new publication or filing at Belgian Resilience Fund? 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
Behind Belgian Resilience Fund is BRF Management. The shares are held by KBC Bank NV/SA, BALOISE BELGIUM NV/SA, BRF Management, Tikehau Capital, AG INSURANCE NV/SA and BELFIUS ASSURANCES NV/SA. It owns 10% of Techyard itself.
Directors
According to the 2025 annual accounts
Manager · represented by Nathalie Bleunven
since 2021
Shareholders
Participations
10%
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 166 box 25
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 53 companies are registered at this address.
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0778.407.578
- VAT number
- BE 0778.407.578
- Registered office
- Terhulpsesteenweg 166 bus 25, 1170 Watermaal-Bosvoorde
- Names & denominations
- Belgian Resilience Fund
- Enterprise type
- Rechtspersoon
- Legal form
- Limited partnership
- Legal situation
- Normale toestand
- Start date
- 9 December 2021
- Peppol
- Not registered