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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Tight liquidity NBB
Cash and receivables cover 35 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2023.
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Busy address KBO
19 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 INVESTMENT HOLDING from Vorst, company number BE0846195435, closed financial year 2025 with a result of € 400,751 after tax. For that financial year BELGIAN INVESTMENT HOLDING recorded a gross margin of € -28,087 and equity of € 15.2 million. Compared with financial year 2024, the result moved from € 920,483 to € 400,751. 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 August 24, 2026.
€ 15.2 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 400,751
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 23,163
▼ 56% 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 € 7 million.
Debts at end 2025
€ 13.3 million
▼ 1% vs 2024
€ 226,769 is repaid this year. At this pace the long-term loan is gone in ≈ 23 years.
€ 3,275
▲ 178% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 92,298
▼ 70% 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 | € -98,795 | € -39,849 | € -20,373 | € -28,087 | ▼ € 7,715 |
| Profit after taxes | € -1,534,306 | € 2,326,918 | € 920,483 | € 400,751 | ▼ 56% |
| Equity | € 11,516,983 | € 13,843,901 | € 14,764,384 | € 15,165,134 | ▲ 3% |
| Total debts | € 12,170,007 | € 13,171,377 | € 14,192,587 | € 14,072,174 | ▼ 1% |
| Cash | € 763,431 | € 117,482 | € 52,951 | € 23,163 | ▼ 56% |
| Retained profit | € 3,353,983 | € 5,680,901 | € 6,601,384 | € 7,002,134 | ▲ 6% |
| Bank debt | € 11,453,295 | € 12,706,523 | € 13,437,190 | € 13,326,668 | ▼ 1% |
| Balance sheet total | € 23,686,991 | € 27,015,279 | € 28,956,971 | € 29,237,308 | ▲ 1% |
Key figures of BELGIAN INVESTMENT HOLDING, 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 INVESTMENT HOLDING?
What happened at BELGIAN INVESTMENT HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 400,751 (▼ 56% vs 2024). filed late Source: NBB ↗
- Thierry HERMANS became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Vorst. KBO
- Philippe BOON became a director. NBB
In short
From € 1.5 million loss in 2022 to € 400,751 profit in 2025.
Paid € 737,881 in corporate taxes since 2022.
Best year ever: 2023, with € 2.3 million profit.
A new publication or filing at BELGIAN INVESTMENT HOLDING? 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 INVESTMENT HOLDING are Thierry HERMANS and Philippe BOON. It owns 100% of GRAPHIC NARRATIVE ART PROJECT itself.
Directors
According to the 2025 annual accounts
Thierry HERMANS
Director
Also active at: RICHELLE SERVICES, ANDE FINANCE, CAVITALON BELGIQUE, DFSJ, CENTRAL POINT SERVICES, EU CAPITAL INVESTMENT, FETBEL
since 2023
Philippe BOON
Director
since 2012
Establishments
Establishment units
Physical locations of this company
Brugmannlaan 147
1190 Vorst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →BELLO
€ -1,805 gross margin · 2025
BELCO BUSINESS CENTER AND FACILITIES
€ 593,562 gross margin · 2024
IMMO CONCORDE
€ 8,504 gross margin · 2025
RICHELLE SERVICES same network
€ 20,092 gross margin · 2025
CORPORATE FAMILY OFFICE INTERNATIONAL
€ -124 gross margin · 2025
+14 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
- 0846.195.435
- VAT number
- BE 0846.195.435
- Registered office
- Brugmannlaan 147, 1190 Vorst
- Names & denominations
- BELGIAN INVESTMENT HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 May 2012
- Peppol
- Not registered