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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Busy address KBO
26 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
INVIBES ADVERTISING from Gent, company number BE0836533938, closed financial year 2025 with a result of € -6.1 million after tax. For that financial year INVIBES ADVERTISING recorded revenue of € 4 million and equity of € 10.1 million. Compared with financial year 2024, the result moved from € -10.7 million to € -6.1 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 June 18, 2026.
€ 10.1 million
▼ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6.1 million
▲ 43 % less loss than in 2024
Profit after tax over the fiscal year.
€ 311,033
▲ 3% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.9 million.
People and assets in 2025
3.1
▼ 1.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 347,229
▼ 37% vs 2024
€ 112,000 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.
€ 42,933
▼ 5% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▼ 60% vs 2024
€ 204,653 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1.3 million
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 150 days on average.
€ 37,878
▼ 62% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 5,047,668 | € 3,410,556 | € 3,857,552 | € 3,979,781 | ▲ 3% |
| Profit after taxes | € -6,843,098 | € 2,615,346 | € -10,664,662 | € -6,128,840 | ▲ € 4.5 million |
| Equity | € 24,921,630 | € 27,599,696 | € 16,224,334 | € 10,095,494 | ▼ 38% |
| Total debts | € 9,164,651 | € 8,471,220 | € 6,915,226 | € 3,481,400 | ▼ 50% |
| Cash | € 16,795,576 | € 385,096 | € 301,407 | € 311,033 | ▲ 3% |
| Retained profit | € -4,648,328 | € -2,032,982 | € -12,697,644 | € -3,934,070 | ▲ € 8.8 million |
| Bank debt | € 7,491,903 | € 6,420,018 | € 4,986,906 | € 1,982,810 | ▼ 60% |
| Balance sheet total | € 34,086,280 | € 36,070,916 | € 23,139,560 | € 13,576,893 | ▼ 41% |
| Employees (FTE) | 6.3 | 4.1 | 4.4 | 3.1 | ▼ 1.3 |
Key figures of INVIBES ADVERTISING, 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 INVIBES ADVERTISING?
What happened at INVIBES ADVERTISING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Marc Vanlerberghe stepped down as director. NBB
- NEMO SERVICES BV stepped down as director. NBB
- Philippe Houdouin stepped down as director. NBB
- FINANCE SOCIETE NP stepped down as director. NBB
- EFCEE BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 6.1 million. Source: NBB ↗
- Mascha Driessen stepped down as director. NBB
- Marc Vanlerberghe became a director. NBB
In short
From € 6.8 million loss in 2022 to € 6.1 million loss in 2025.
Paid € 5,075 in corporate taxes since 2022.
Best year ever: 2023, with € 2.6 million profit.
Pays suppliers within 150 days on average.
A new publication or filing at INVIBES ADVERTISING? 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 shares are held by VP VENTURES NV (31.4%). It owns 100% of Invibes Singapore, 100% of Invibes Services SRL, 100% of Invibes Norway, 100% of Invibes Dubai, 100% of Invibes Bucharest and 100% of Invibes South Africa itself.
Directors
According to the 2025 annual accounts
Marc Vanlerberghe
Director
since 2022 · until 2028
Mascha Driessen
Director
since 2022 · until 2025
Director · represented by Kris Vlaemynck
Also active at: VP VENTURES, ML2Grow, Invibes Benelux
since 2022 · until 2028
Philippe Houdouin
Director
since 2022 · until 2028
FINANCE SOCIETE NP
Director · represented by NICOLAS POLLET
since 2022 · until 2028
Director · represented by Filip Calliau
Also active at: Incopneu, BANDEN DE CONDE, LAMBRECHT NUMERO UN DU PNEU - NAMUR, ETABLISSEMENTS CENTRAL PNEU, C.R.P. Tyres Center, LAMBRECHT NUMMER EEN IN BANDEN - LIMBURG, QTeam Noord, LIMBURGS BANDAG BEDRIJF +23 more
since 2022 · until 2028
Shareholders
31.4%
Participations
Invibes Singapore
100%
Invibes Services SRL
100%
Invibes Norway
100%
Invibes Dubai
100%
Invibes Bucharest
100%
Invibes South Africa
100%
Invibes Nordics AB
100%
Invibes Advertising SAS
100%
Invibes SAAS
100%
Invibes advertising UK
100%
Invibes Italy
100%
Invibes Poland
100%
Invibes Spain SL
100%
Invibes Finance SA
100%
Invibes Netherlands
100%
Invibes Advertising INC
100%
100%
Invibes Advertising AG
97.2%
Invibes Switserland AG
96.7%
Establishments
Establishment units
Physical locations of this company
Technologiepark-Zwijnaarde 82 box 26
9052 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →CONTREL EUROPE
€ 250,724 gross margin · 2025
INCUBATIE- EN INNOVATIECENTRUM UNIVERSITEIT
€ 1.4 million gross margin · 2025
VP VENTURES same network
€ -1,670 gross margin · 2025
SENSNET
Inbiose
€ 6.3 million revenue · 2025
+21 more
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
Google Workspace
Hosting
OVH, FR
DNS
Google Cloud DNS
Domain
Domain
invibes.com
Registered
2011-08-28
Registrar
Gandi SAS
Expires
2026-08-28
Website info
Features
Security
Details
- Company number
- 0836.533.938
- VAT number
- BE 0836.533.938
- Registered office
- Technologiepark-Zwijnaarde 82 bus 26, 9052 Gent
- Names & denominations
- INVIBES ADVERTISING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 May 2011
- Peppol
- Active · Active since 26 Jun 2026
- Contact
- invibes.com
- Activities · NACE
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