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 29 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
15 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BELGENEXT from Watermaal-Bosvoorde, company number BE0880718230, closed financial year 2025 with a result of € 693,812 after tax. For that financial year BELGENEXT recorded a gross margin of € 4.4 million and equity of € 41.9 million. Compared with financial year 2024, the result moved from € 505,094 to € 693,812. Profitable, and profit is growing. 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 July 31, 2026.
€ 41.9 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 693,812
▲ 37% vs 2024
Profit after tax over the fiscal year.
€ 1.6 million
▲ 5% 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 € 5.5 million.
People and assets in 2025
€ 12,395
▼ 69% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12.6 million
▼ 15% vs 2024
€ 1.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 392,320
▲ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 339,607
▲ 81% 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 | € 1,435,542 | € 2,794,479 | € 3,395,010 | € 4,426,061 | ▲ 30% |
| Profit after taxes | € 7,001,740 | € 1,176,735 | € 505,094 | € 693,812 | ▲ 37% |
| Equity | € 29,682,475 | € 30,859,210 | € 41,210,041 | € 41,903,853 | ▲ 2% |
| Total debts | € 14,621,661 | € 10,206,544 | € 25,443,794 | € 17,274,363 | ▼ 32% |
| Cash | € 4,777,760 | € 3,086,797 | € 1,558,109 | € 1,628,699 | ▲ 5% |
| Land & buildings | € 19,741,198 | € 21,238,246 | € 48,382,038 | € 47,630,629 | ▼ 2% |
| Retained profit | € 4,303,475 | € 5,480,210 | € 4,848,920 | € 5,542,732 | ▲ 14% |
| Dividend | € 5,000,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 9,510,835 | € 9,399,557 | € 14,902,089 | € 12,593,062 | ▼ 15% |
| Balance sheet total | € 45,008,148 | € 41,943,956 | € 68,249,194 | € 60,796,895 | ▼ 11% |
Key figures of BELGENEXT, 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 BELGENEXT?
What happened at BELGENEXT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jean-Marc Heynderickx stepped down as director. NBB
- Stéphanie Heynderickx stepped down as director. NBB
- Charles Heyndereickx stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 693,812 (▲ 37% vs 2024). Source: NBB ↗
- Stéphanie Heynderickx became a director. NBB
- Jean-Marc Heynderickx became a director. NBB
- Charles Heyndereickx became a director. NBB
- New establishment in Watermaal-Bosvoorde. KBO
In short
From € 7 million profit in 2022 to € 693,812 profit in 2025.
Paid € 849,740 in corporate taxes since 2022.
Best year ever: 2022, with € 7 million profit.
Paid out € 5 million in dividends to the owners in total.
A new publication or filing at BELGENEXT? 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 stake of NEXTGEN INVESTMENT GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BELGENEXTThe shares are held by NEXTGEN INVESTMENT GROUP (100%).
Directors
According to the 2025 annual accounts
Stéphanie Heynderickx
Managing director
since 2025 · until 2031
Jean-Marc Heynderickx
Director
Also active at: Etablissements Michel Chausseur et Boy Bottier, NEXTGEN INVESTMENT GROUP
since 2025 · until 2031
Charles Heyndereickx
Managing director
since 2025 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 150
1170 Watermaal-Bosvoorde
Terhulpsesteenweg 166
1170 Watermaal-Bosvoorde
Active since 5 May 2006
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 15 companies are registered at this address.
All companies at this address →Etablissements Michel Chausseur et Boy Bottier same network
€ 132,952 gross margin · 2025
HNK2
€ 34,864 gross margin · 2025
Association Belge des Syndicats Médicaux - Bruxelles
Union professionnelle Belge de Dermatologie et Vénérologie - Belgische Beroepsvereniging voor Dermatologie en Venerologie
Belgische beroepsverenigingen van de artsen-specialisten in anesthesie-reanimatie
+10 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
- 0880.718.230
- VAT number
- BE 0880.718.230
- Registered office
- Terhulpsesteenweg 150, 1170 Watermaal-Bosvoorde
- Names & denominations
- BELGENEXT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 April 2006
- Peppol
- Active · Active since 19 Nov 2025
- Activities · NACE
Activiteiten van holdings
Financiële holdings
Holdings
Ontwikkeling van niet-residentiële bouwprojecten
Overige financiële dienstverlening, neg
Ontwikkeling van residentiële bouwprojecten
Overige ondersteunende activiteiten in verband met financiële diensten, neg, exclusief verzekeringen en pensioenfondsen
Handel in eigen onroerend goed
+4