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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Busy address KBO
41 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Incofin Investment Management from Antwerpen, company number BE0815870958, closed financial year 2025 with a result of € 195,618 after tax. For that financial year Incofin Investment Management recorded revenue of € 10.5 million and equity of € 11 million. Compared with financial year 2024, the result moved from € 397,415 to € 195,618. The company is profitable. 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 24, 2026.
€ 11 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 195,618
▼ 51% vs 2024
Profit after tax over the fiscal year.
€ 3 million
▼ 51% 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 € 5.1 million.
People and assets in 2025
23.1
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3.2 million
▼ 5% vs 2024
€ 137,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,218
▼ 20% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 578,274
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 29 days on average.
€ 438,073
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Revenue | € 12,372,942 | € 11,534,924 | € 10,451,219 | ▼ 9% |
| Profit after taxes | € 447,382 | € 397,415 | € 195,618 | ▼ 51% |
| Equity | € 10,407,504 | € 10,804,919 | € 11,000,537 | ▲ 2% |
| Total debts | € 2,739,335 | € 2,438,544 | € 1,359,082 | ▼ 44% |
| Cash | € 5,427,505 | € 6,075,393 | € 2,984,041 | ▼ 51% |
| Retained profit | € 4,457,504 | € 4,854,919 | € 5,050,537 | ▲ 4% |
| Dividend | € 11,301 | € 0 | € 0 | |
| Balance sheet total | € 13,682,288 | € 13,798,928 | € 12,586,421 | ▼ 9% |
| Employees (FTE) | 25.4 | 24.6 | 23.1 | ▼ 1.5 |
Key figures of Incofin Investment Management, fiscal years 2023 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 Incofin Investment Management?
What happened at Incofin Investment Management in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- YmpactBoost BV stepped down as director. NBB
- Josien Sluijs stepped down as director. NBB
- Robert Binyon stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 195,618 (▼ 51% vs 2024). Source: NBB ↗
- Sophie Docclo stepped down as director. NBB
- Korys Management NV stepped down as director. NBB
- Michiel Geers stepped down as director. NBB
- Frank Vereecken stepped down as director. NBB
In short
From € 447,382 profit in 2023 to € 195,618 profit in 2025.
Paid € 584,782 in corporate taxes since 2023.
Best year ever: 2023, with € 447,382 profit.
Paid out € 11,301 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 stake of INCOTEAM, Incofin Microfinance Fund, KORYS INVESTMENTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Incofin Investment ManagementThe shares are held by INCOTEAM (50%), Incofin Microfinance Fund (25%) and KORYS INVESTMENTS (12.5%). It owns 100% of Incofin Americas SAS, 100% of Incofin Africa Ltd and 90.1% of Incofin India Investment Management Private Limited itself.
Directors
According to the 2025 annual accounts
Sophie Docclo
Lid van de toezichtsraad
since 2023 · until 2026
Josien Sluijs
Lid van de toezichtsraad
since 2023 · until 2028
YmpactBoost BV
Lid van de toezichtsraad · represented by Yvonne Bakkum
since 2024 · until 2029
Robert Binyon
Lid van de toezichtsraad
since 2023 · until 2028
Lid van de toezichtsraad · represented by Frederik Bauwens
Also active at: Colruyt Group, GINSTBRONNEN, reMYND, D-DRINKS GROUP, FLUVES, SOFINDEV IV, URBANTZ, Pantarein Water +19 more
since 2023 · until 2026
Michiel Geers
Lid van de toezichtsraad
Also active at: Centrale voor Huisvesting-Arrondissement Gent, Dimensa Woonmaatschappij, INCOFIN CVSO, SDG Frontier Fund
since 2021 · until 2026
Frank Vereecken
Lid van de toezichtsraad
Also active at: INCOFIN CVSO, VECTIS PRIVATE EQUITY III ARKIV
since 2023 · until 2026
Lid van de toezichtsraad · represented by Louis De Cannière
Also active at: INCOTEAM
since 2021 · until 2026
Shareholders
Participations
Incofin Americas SAS
100%
Incofin Africa Ltd
100%
Incofin India Investment Management Private Limited
90.1%
Establishments
Establishment units
Physical locations of this company
Sneeuwbeslaan 20
2610 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 41 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.
Website
Technologies
Hosting & Email
Email provider
Mimecast
Hosting
COMBELL-AS, BE
DNS
Cloudflare DNS
Domain
Domain
incofin.com
Registered
2001-02-20
Registrar
Hosting Concepts B.V. d/b/a Registrar.eu
Expires
2027-02-20
Website info
Features
Security
Network
Details
- Company number
- 0815.870.958
- VAT number
- BE 0815.870.958
- Registered office
- Sneeuwbeslaan 20, 2610 Antwerpen
- Names & denominations
- Incofin Investment Management
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 June 2009
- Peppol
- Active · Active since 27 Mar 2026
- Contact
- incofin.com
- Activities · NACE
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