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SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON

Active
Public limited companyfounded 198739 yrs activeRue Louis de Geer 2, 1348 Ottignies-Louvain-la-Neuve, BelgiumKBO/BCE: BE 0430.636.943
Summary

SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €23.63M and a net result of €445k. Equity is growing by ~9.1% per year across the filed fiscal years. Its solvency ranks better than 31% of 217 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2025
56 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability13▼-11
Solvency44=
Growth41▼-17
Track record100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity ample (current ratio 71.03 against 77.52 in 2024; short-term debt: 0.7% and cash: 0.4% of total assets), but 81.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 39 years 0 40 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
18.7%
Return on assets
0.4%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Sector 78
lower
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-04-2026, 99 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
99 d early
2024
99 d early
2023
97 d early
2022
95 d early
2021
93 d early
2020
94 d early
2019
67 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
€620k▼ 6.1%
2024 · €660k
2018: €861k 2019: €551k 2020: €586k 2021: €465k 2022: €491k 2023: €556k 2024: €660k
2018 → 2025
EBIT margin
-321.5%▼ 51.0pp
2024 · -270.6%
2018: -191.9% 2019: -294.1% 2020: -133.4% 2021: -530.9% 2022: -201.1% 2023: -247.2% 2024: -270.6%
2018 → 2025
Net result
€445k▼ 97.3%
2024 · €16.62M
2018: €583k 2019: €2.86M 2020: €300k 2021: €-824k 2022: €22k 2023: €-2.52M 2024: €16.62M
2018 → 2025
Working capital
€65.55M▼ 2.0%
2024 · €66.91M
2018: €11.83M 2019: €18.44M 2020: €18.74M 2021: €42.89M 2022: €39.90M 2023: €47.21M 2024: €66.91M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€465k-€491k▲ 5.4%€556k▲ 13.4%€660k▲ 18.7%€620k▼ 6.1%
Equity€10.11M-€10.13M▲ 0.2%€7.61M▼ 24.9%€23.71M▲ 211%€23.63M▼ 0.3%
Operating result€-2.47M-€-986k▲ 60.1%€-1.37M▼ 39.4%€-1.79M▼ 29.9%€-1.99M▼ 11.5%
Net result€-824k-€22k€-2.52M€16.62M€445k▼ 97.3%
Result per fiscal year
Operating resultNet result
€-5.00M€0€5.00M€10.00M€15.00MOperating result 2021: €-2.47M€-2.47MNet result 2021: €-824k€-824kOperating result 2022: €-986k€-986kNet result 2022: €22k€22kOperating result 2023: €-1.37M€-1.37MNet result 2023: €-2.52M€-2.52MOperating result 2024: €-1.79M€-1.79MNet result 2024: €16.62M€16.62MOperating result 2025: €-1.99M€-1.99MNet result 2025: €445k€445k20212022202320242025€-5M€0€5M€10M€15MOperating result 2023: €-1.37M€-1.4MNet result 2023: €-2.52M€-2.5MOperating result 2024: €-1.79M€-1.8MNet result 2024: €16.62M€17MOperating result 2025: €-1.99M€-2MNet result 2025: €445k€445k202320242025
The operating result stays negative: a loss of €1.99M in 2025 against €1.79M in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €126.43M
Fixed assets €59.95M ▲ 4.6%
Current assets €66.48M ▼ 1.9%
Equity and liabilities €126.43M
Equity €23.63M ▼ 0.3%
Provisions €58k ▼ 89.8%
Debt €102.74M ▲ 1.9%
Debt's share of the balance-sheet total rises from 80.6% to 81.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€-1.90M
2024 · €-1.70M
Cash flow
€538k
2024 · €16.71M
Current ratio
71.03
2024 · 77.52
Debt to equity
4.35
2024 · 4.25
ROE
1.9%
2024 · 70.1%
ROA
0.4%
2024 · 13.3%
Interest coverage
-1.52
2024 · -2.25
Debt ≤ 1 year
€936k
2024 · €874k
Debt > 1 year
€101.20M
2024 · €99.53M
Income taxes
€265k
2024 · €4.85M
Staff costs
€1.31M
2024 · €1.23M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 92 lines
Balance sheet Code20242025
Assets
Total assets20/58€125.10M€126.43M
Fixed assets21/28€57.32M€59.95M
Tangible fixed assets22/27€1.52M€1.50M
Plant, machinery and equipment23-€50k
Furniture and vehicles24€52k€68k
Leasing and similar rights25€1.43M€1.35M
Other tangible fixed assets26-€28k
Assets under construction and advance payments27€42k-
Financial fixed assets28€55.80M€58.46M
Affiliated companies280/1€38.40M€40.45M
Participating interests280€14.71M€16.37M
Amounts receivable281€23.69M€24.08M
Companies linked by participating interests282/3€12.58M€13.44M
Participating interests282€11.08M€11.82M
Amounts receivable283€1.50M€1.62M
Other financial fixed assets284/8€4.82M€4.57M
Amounts receivable and cash guarantees285/8€4.82M€4.57M
Current assets29/58€67.78M€66.48M
Amounts receivable within one year40/41€2.73M€2.63M
Trade receivables40€300k€187k
Other amounts receivable41€2.43M€2.45M
Current investments50/53€63.80M€62.82M
Other investments51/53€63.80M€62.82M
Cash at bank and in hand54/58€497k€514k
Deferred charges and accrued income490/1€756k€515k
Equity and liabilities
Total equity and liabilities10/49€125.10M€126.43M
Equity10/15€23.71M€23.63M
Contributions10/11€6.50M€6.50M=
Capital10€6.50M€6.50M=
Issued capital100€6.50M€6.50M=
Reserves13€14.39M€14.92M
Non-distributable reserves130/1€13.12M€13.66M
Legal reserve130€650k€650k=
Other1319€12.47M€13.01M
Tax-exempt reserves132€632k-
Distributable reserves133€632k€1.26M
Profit (loss) carried forward14€2.82M€2.21M
Provisions and deferred taxes16€566k€58k
Provisions for liabilities and charges160/5€566k€58k
Pensions and similar obligations160€2k€2k=
Other liabilities and charges164/5€565k€56k
Amounts payable17/49€100.82M€102.74M
Amounts payable after more than one year17€99.53M€101.20M
Financial debts170/4€99.53M€101.20M
Leasing and similar obligations172€925k€883k
Other loans174€98.60M€100.31M
Amounts payable within one year42/48€874k€936k
Current portion of amounts payable after more than one year42€41k€42k
Trade debts44€140k€35k
Suppliers440/4€140k€35k
Taxes, remuneration and social security45€169k€336k
Taxes450/3€25k€173k
Remuneration and social security454/9€144k€163k
Other amounts payable47/48€525k€524k
Accrued charges and deferred income492/3€421k€612k
Income statement Code20242025
Operating income70/76A€765k€731k
Turnover70€660k€620k
Other operating income74€18k€17k
Non-recurring operating income76A€87k€94k
Operating charges60/66A€2.55M€2.72M
Services and other goods61€890k€899k
Remuneration, social security and pensions62€1.23M€1.31M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€89k€93k
Provisions for liabilities and charges: additions (uses and reversals)635/8€506-
Other operating charges640/8€140k€114k
Non-recurring operating charges66A€207k€307k
Operating profit (loss)9901€-1.79M€-1.99M
Financial income75/76B€30.27M€6.68M
Recurring financial income75€2.75M€2.57M
Income from financial fixed assets750€856k€1.05M
Income from current assets751€1.89M€1.52M
Non-recurring financial income76B€27.52M€4.11M
Financial charges65/66B€7.01M€3.98M
Recurring financial charges65€764k€1.25M
Debt charges650€753k€1.25M
Other financial charges652/9€10k€7k
Non-recurring financial charges66B€6.25M€2.73M
Profit (loss) for the period before taxes9903€21.47M€709k
Income taxes67/77€4.85M€265k
Taxes670/3€4.85M€269k
Tax adjustments and reversals of tax provisions77-€4k
Profit (loss) for the period9904€16.62M€445k
Transfer from tax-exempt reserves789€632k€632k=
Profit (loss) for the period to be appropriated9905€17.25M€1.08M
Appropriation of the result
Profit (loss) to be appropriated9906€13.25M€3.90M
Profit (loss) brought forward from the previous period14P€-4.00M€2.82M
Transfer to equity691/2€9.91M€1.17M
To the legal reserve6920€650k-
To other reserves6921€9.26M€1.17M
Profit to be distributed694/7€520k€520k=
Return on contributions (dividend)694€520k€520k=
Social balance
Average headcount (FTE)90875.85.8=

The notes to these accounts (96 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-04
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
15-07
State Gazette act Purpose · Statutes amendment · Miscellaneous
Purpose change · Statutes amendment3 facts ▸
  • General meeting, 09-07-2025
  • Purpose change, Invest.BW est une société d’investissement dont l’objet est le placement collectif de capitaux et leur investissement dans un portefeuille diversifié de petites…
  • Statutes amendment
03-06
State Gazette act Reappointment: SRL LUMANIGA (director)
Permanent representatives: Ludivine COULON and Michaël De Ridder · Appointment: SRL DGST & Partners - Réviseurs d'entreprises (statutory auditor)5 facts ▸
  • General meeting, 23-04-2025
  • Director reappointment, SRL LUMANIGA (director)
  • Permanent representative, Ludivine COULON
  • Auditor appointment, SRL DGST & Partners - Réviseurs d'entreprises (statutory auditor)
  • Permanent representative, Michaël De Ridder
23-04
NBB filing Annual accounts filed
fiscal year 2024 · full schema
22-04
State Gazette act Resignation: Loik-Maël NYS (représentant permanent de iba sa)
Appointment: Thomas PEVENAGE (représentant permanent de iba sa)3 facts ▸
  • Board meeting, 25-03-2025
  • Director resignation, Loik-Maël NYS (représentant permanent de iba sa)
  • Director appointment, Thomas PEVENAGE (représentant permanent de iba sa)
2024
31-12
Financial Back to profitnet €16.62M
Net result €16.62M after one loss-making year.
31-12
Financial Equity above €10MEq €23.71M ▲211%
Equity rises from €7.61M to €23.71M.
29-05
State Gazette act Resignation: Pierre Mottet (director)
Appointment: SA SAINT-DENIS (director) · Permanent representative: Pierre Mottet6 facts ▸
  • Board meeting, 16-02-2024
  • General meeting, 24-04-2024
  • Director resignation, Pierre Mottet (director)
  • Director appointment, SA SAINT-DENIS (director)
  • Director appointment, SA SAINT-DENIS (chair)
  • Permanent representative, Pierre Mottet
25-04
NBB filing Annual accounts filed
fiscal year 2023 · full schema
17-04
State Gazette act Resignation: Pierre Mottet (director)
Appointment: SA SAINT-DENIS (director) · Permanent representative: Pierre Mottet5 facts ▸
  • Board meeting, 16-02-2024
  • Director resignation, Pierre Mottet (director)
  • Director appointment, SA SAINT-DENIS (director)
  • Director appointment, SA SAINT-DENIS (chair)
  • Permanent representative, Pierre Mottet
02-04
State Gazette act Appointments: Pierre Mottet (chair of the board) and Olivier Parvais (vice-chair)
3 facts ▸
  • Board meeting, 20-12-2023
  • Director appointment, Pierre Mottet (chair of the board)
  • Director appointment, Olivier Parvais (vice-chair)
11-01
State Gazette act Appointments: Déborah DEPAUW, Philippe EVRARD and 9 others
Permanent representatives: Pierre RION, Loik-Maël NYS and Ludivine COULON15 facts ▸
  • General meeting, 15-11-2023
  • Director appointment, Déborah DEPAUW (director)
  • Director appointment, Philippe EVRARD (director)
  • Director appointment, Laurence LEROY (director)
  • Director appointment, Cédric JACQUET (director)
  • Director appointment, Olivier PARVAIS (director)
  • Director appointment, Gilles HUYGHEBAERT (director)
  • Director appointment, Pierre MOTTET (director)
  • Director appointment, Amaud van DOOSSELAERE (director)
  • Director appointment, ACCES DIRECT (director)
  • Permanent representative, Pierre RION
  • Director appointment, IBA (director)
  • +3 further facts in this act
Show earlier events
2023
31-12
Financial Weakest financial yearnet €-2.52M ▼11416%
Net result drops to €-2.52M, the lowest in the series; recovery starts the following year.
27-04
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Back to profitnet €22k
Net result €22k after one loss-making year.
13-05
State Gazette act Resignation: Pierre Anthoine (director)
Appointments: Philippe Evrard (administrateur représentant l'actionnaire de catégorie a) and SRL DGST & Partners - Réviseurs d'entreprises (statutory auditor) · Permanent representative: Michaël De Ridder5 facts ▸
  • General meeting, 28-04-2022
  • Director resignation, Pierre Anthoine (director)
  • Director appointment, Philippe Evrard (administrateur représentant l'actionnaire de catégorie a)
  • Auditor appointment, SRL DGST & Partners - Réviseurs d'entreprises (statutory auditor)
  • Permanent representative, Michaël De Ridder (representative)
29-04
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Liquidity times 8current ratio 211.83
Current ratio from 27.05 to 211.83; short-term debt falls from €719k to €203k.
18-10
State Gazette act Resignation: Pierre Anthoine (director)
2 facts ▸
  • Board meeting, 22-09-2021
  • Director resignation, Pierre Anthoine (director)
09-07
State Gazette act Restructuring
Merger · Dissolution · Share cancellation7 facts ▸
  • General meeting, 17-06-2021
  • Merger, absorption, dissolution sans liquidation
  • Dissolution, 17-06-2021
  • Share cancellation, 3000, fusion par absorption
  • Accounting effect, 01-01-2021
  • Power of attorney, Roxane NOTARPIETRO
  • Power of attorney, SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON
28-04
State Gazette act Capital & shares · Statutes amendment · Miscellaneous
Capital increase · Capital · Statutes amendment4 facts ▸
  • General meeting, 14-04-2021
  • Capital increase, €5.666.000
  • Capital, €6.500.000
  • Statutes amendment
28-04
NBB filing Annual accounts filed
fiscal year 2020 · full schema
07-04
State Gazette act Purpose · Restructuring
Merger · Capital · Board composition39 facts ▸
  • Merger, simplifiée, absorption
  • Capital, €834.000
  • Board composition, DEMANCO SA (director)
  • Board composition, Marc DE PAUW (chair)
  • Board composition, Déborah DEPAUW (director)
  • Board composition, Anne PRIGNON (director)
  • Board composition, Pierre ANTHOINE (director)
  • Board composition, IMBC SA (director)
  • Board composition, Jean-Sébastien BELLE (director)
  • Board composition, Hervé BRIET (director)
  • Board composition, Gérard DELVAUX (director)
  • Board composition, Cédric JACQUET (director)
  • +27 further facts in this act
07-04
State Gazette act Appointment: Xavier BOCQUET (directeur général)
Resignation: Pierre MOTTET (directeur général) · Reappointment: Corinne ESTIEVENART (directeur général adjoint) · Power of attorney10 facts ▸
  • Board meeting, 17/03/2021
  • Director appointment, Xavier BOCQUET (directeur général)
  • Director resignation, Pierre MOTTET (directeur général)
  • Director reappointment, Corinne ESTIEVENART (directeur général adjoint)
  • Power of attorney, Xavier BOCQUET
  • Power of attorney, Corinne ESTIEVENART
  • Power of attorney, Pierre MOTTET
  • Power of attorney, Xavier BOCQUET
  • Power-of-attorney revocation, Gestion journalière, 17/03/2021
  • Power-of-attorney revocation, Gestion journalière, 17/03/2021
24-03
State Gazette act Capital & shares · Purpose · Statutes amendment · Resignations & appointments
Name change · Purpose change · Statutes amendment6 facts ▸
  • General meeting, 01/03/2021
  • Name change, Invest.BW
  • Purpose change, Ajout de clauses relatives à l'impact positif sur les parties prenantes et à la réduction des impacts environnementaux et sociétaux négatifs.
  • Statutes amendment
  • Statutes amendment
  • Capital, €834.000
17-02
State Gazette act Resignations & appointments
Mandate compensation · Power of attorney3 facts ▸
  • Board meeting, 26-01-2021
  • Mandate compensation, Anne Prignon
  • Power of attorney, SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON
2020
06-10
State Gazette act Resignation: Renaud HATTIEZ (directeur général)
Appointment: Pierre MOTTET (directeur général) · Reappointment: Corinne ESTIEVENART (directeur général adjoint) · Power of attorney7 facts ▸
  • Board meeting, 16-09-2020
  • Director resignation, Renaud HATTIEZ (directeur général)
  • Director appointment, Pierre MOTTET (directeur général)
  • Director reappointment, Corinne ESTIEVENART (directeur général adjoint)
  • Power of attorney, Pierre MOTTET
  • Power of attorney, Corinne ESTIEVENART
  • Power of attorney, Pierre MOTTET
27-05
State Gazette act Appointment: Renaud Hattiez (daily management delegate)
Reappointment: Corinne Estiévenart (daily management delegate) · Resignation: Pierre Mottet (daily management delegate) · Power of attorney6 facts ▸
  • Board meeting, 27-04-2020
  • Director appointment, Renaud Hattiez (daily management delegate)
  • Director reappointment, Corinne Estiévenart (daily management delegate)
  • Director resignation, Pierre Mottet (daily management delegate)
  • Power of attorney, Renaud Hattiez
  • Power of attorney, Corinne Estiévenart
27-05
State Gazette act Restructuring
Appointments: FONDU, PYL, STASSIN & CIE, F.C.G. Réviseurs d'Entreprises SRL and DGST & Partners Réviseurs d'Entreprises SRL · Merger · Accounting effect28 facts ▸
  • Merger, apport de branche d'activité, développement commercial et gestion opérationnelle et administrative
  • Accounting effect, 01-01-2020
  • Board composition, Déborah DEPAUW (class A director)
  • Board composition, Laurence LEROY (class A director)
  • Board composition, Pierre ANTHOINE (class A director)
  • Board composition, Hervé BRIET (class A director)
  • Board composition, Cédric JACQUET (class A director)
  • Board composition, ACCES DIRECT SA (class B director)
  • Board composition, DEMANCO SA (class B director)
  • Board composition, INVEST-MONS-BORINAGE CENTRE SA (class B director)
  • Board composition, Gérard DELVAUX (class B director)
  • Board composition, Pierre MOTTET (class B director)
  • +16 further facts in this act
25-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial Equity above €10MEq €11.15M ▲34.5%
2 profitable years in a row build equity to €11.15M.
20-05
State Gazette act Reappointment: Fondu, Pyl, Stassin & Cie, SCRL (statutory auditor)
Appointment: Pierre MOTTET (directeur général) · Power of attorney10 facts ▸
  • General meeting, 24-04-2019
  • Board meeting, 24-04-2019
  • Auditor reappointment, Fondu, Pyl, Stassin & Cie, SCRL
  • Director appointment, Pierre MOTTET (directeur général)
  • Power of attorney, Philippe REMY
  • Power of attorney, Corinne ESTIEVENART
  • Power of attorney, Pierre MOTTET
  • Power of attorney, Corinne ESTIEVENART
  • Power of attorney, Pierre MOTTET
  • Power of attorney, Corinne ESTIEVENART
25-04
NBB filing Annual accounts filed
fiscal year 2018 · full schema
04-01
State Gazette act Appointments: Déborah DEPAUW, Laurence LEROY and 9 others
Permanent representatives: Pierre RION, Marc DE PAUW and Jean-Sébastien BELLE · Power of attorney · Power-of-attorney revocation22 facts ▸
  • General meeting, 14-11-2018
  • Director appointment, Déborah DEPAUW (director)
  • Director appointment, Laurence LEROY (director)
  • Director appointment, Pierre ANTHOINE (director)
  • Director appointment, Hervé BRIET (director)
  • Director appointment, Cédric JACQUET (director)
  • Director appointment, SA ACCES DIRECT (director)
  • Permanent representative, Pierre RION
  • Director appointment, SA DEMANCO (director)
  • Permanent representative, Marc DE PAUW
  • Director appointment, SA INVEST-MONS-BORINAGE CENTRE (director)
  • Permanent representative, Jean-Sébastien BELLE
  • +10 further facts in this act
2018
02-10
State Gazette act Appointments: Déborah DEPAUW, Laurence LEROY and 2 others
Permanent representative: Marc DE PAUW6 facts ▸
  • Board meeting, 29-06-2018
  • Director appointment, Déborah DEPAUW (class A director)
  • Director appointment, Laurence LEROY (class A director)
  • Director appointment, Pierre ANTHOINE (class A director)
  • Director appointment, Marc DE PAUW (chair)
  • Permanent representative, Marc DE PAUW
23-07
State Gazette act Statutes amendment
Power of attorney6 facts ▸
  • General meeting, 29-06-2018
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Power of attorney, Conseil d'administration
18-07
State Gazette act Resignations: Corinne ESTIEVENART, Philippe REMY and Guy ZONE
Appointments: Philippe REMY (directeur général) and Corinne ESTIEVENART (director) · Power of attorney8 facts ▸
  • Board meeting, 29-06-2018
  • Director resignation, Corinne ESTIEVENART (administrateur public)
  • Director resignation, Philippe REMY (administrateur public)
  • Director resignation, Guy ZONE (administrateur public)
  • Director appointment, Philippe REMY (directeur général)
  • Director appointment, Corinne ESTIEVENART (director (executive))
  • Power of attorney, Philippe REMY
  • Power of attorney, Corinne ESTIEVENART
06-06
State Gazette act Annee Comptable
Statutes amendment9 facts ▸
  • General meeting, 07-05-2018
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
2017
13-11
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2016
14-11
NBB filing Annual accounts filed
fiscal year 2016 · full schema
14-07
State Gazette act Restructuring
Merger · Dissolution · Share cancellation12 facts ▸
  • General meeting, 20-06-2016
  • Merger, 20-06-2016
  • Merger, 20-06-2016
  • Dissolution, 20-06-2016
  • Dissolution, 20-06-2016
  • Share cancellation, 125
  • Share cancellation, 5000
  • Accounting effect, 01-04-2016
  • Power of attorney, Corinne ESTIEVENART
  • Power of attorney, Philippe REMY
  • Merger condition, sans augmentation de capital et sans création de nouvelles actions
  • Accounting basis, 31-03-2016
10-05
State Gazette act Capital & shares
Merger · Accounting effect · Shareholding11 facts ▸
  • Board meeting, 26-04-2016
  • Merger, Fusion simplifiée (absorption de SDO et SOFINEST par NIVELINVEST), absorption
  • Merger, Fusion simplifiée (absorption de SDO et SOFINEST par NIVELINVEST), absorption
  • Accounting effect, 01-04-2016
  • Shareholding, 75%
  • Shareholding, 99.2%
  • Shareholding, buyback procedure initiated to become 100% owner of SDO and SOFINEST
  • Dissolution, sans liquidation
  • Dissolution, sans liquidation
  • Merger effect, no new shares issued; no exchange-ratio calculation or auditor's report required
  • Accounting effect, 31-03-2016
07-04
State Gazette act Resignations & appointments
Power of attorney · Governance decision5 facts ▸
  • Board meeting, 21-03-2016
  • Power of attorney, Philippe REMY
  • Power of attorney, Guy ZONE
  • Power of attorney, Corinne ESTIEVENART
  • Governance decision, La sous-délégation de pouvoirs de gestion journalière n'a plus d'objet
2015
14-12
State Gazette act Reappointment: Fondu, Pyl, Stassin & Cie, scrl (statutory auditor)
2 facts ▸
  • General meeting, 10-11-2015
  • Auditor reappointment, Fondu, Pyl, Stassin & Cie, scrl (statutory auditor)
2014
12-12
State Gazette act Resignations: Henri FISHGRUND (director) and Stéphane CRUSNIERE (director)
Appointment: Pierre MOTTET (administrateur représentant les actionnaires de catégorie b)4 facts ▸
  • General meeting, 12-11-2014
  • Director resignation, Henri FISHGRUND (director)
  • Director appointment, Pierre MOTTET (administrateur représentant les actionnaires de catégorie b)
  • Director resignation, Stéphane CRUSNIERE (director)
09-10
State Gazette act Appointment: Philippe Vandesteene (représentant du commissaire)
Resignation: Philippe Gigot (représentant du commissaire)3 facts ▸
  • Board meeting, 23-06-2014
  • Director appointment, Philippe Vandesteene (représentant du commissaire)
  • Director resignation, Philippe Gigot (représentant du commissaire)
05-06
State Gazette act Capital & shares · Statutes amendment
Statutes amendment · Capital increase · Capital10 facts ▸
  • General meeting, 16-05-2014
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Capital increase, €15.000
  • Capital increase, €69.000
  • Capital, €834.000
  • Statutes amendment
  • Power of attorney, Conseil d'administration
  • Waiver of preemptive rights, Renonciation expresse des actionnaires à leur droit de préférence et/ou statutaire dans le cadre de la présente augmentation de capital
19-05
State Gazette act Resignation: Henri FISCHGRUND (director)
Appointment: Pierre MOTTET (director)3 facts ▸
  • Board meeting, 10-02-2014
  • Director resignation, Henri FISCHGRUND (director)
  • Director appointment, Pierre MOTTET (director)
24-01
State Gazette act Appointments: Hervé BRIET, Stéphane CRUSNIERE and 10 others
Power of attorney21 facts ▸
  • General meeting, 13-11-2013
  • Director appointment, Hervé BRIET (director)
  • Director appointment, Stéphane CRUSNIERE (director)
  • Director appointment, Corinne ESTIEVENART (director)
  • Director appointment, Bernard MONNIER (director)
  • Director appointment, Philippe REMY (director)
  • Director appointment, Guy ZONE (director)
  • Director appointment, ACCES DIRECT (director)
  • Director appointment, DEMANCO (director)
  • Director appointment, Gordon BLACKMAN (director)
  • Director appointment, Gérard DELVAUX (director)
  • Director appointment, Henri FISCHGRUND (director)
  • +9 further facts in this act
2013
09-12
State Gazette act Registered office · Resignations & appointments
Name change · Registered-office move · Statutes amendment14 facts ▸
  • General meeting, 12-11-2013
  • Name change, Société d'investissement et de financement du Brabant Wallon
  • Registered-office move, 1348 Louvain-la-Neuve, Parc Einstein, rue Louis de Geer, 2
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • Statutes amendment
  • +2 further facts in this act
26-07
State Gazette act Resignations: Denis Cambier (director) and Serge Dauby (director)
Appointments: Anne Prignon (director) and Gérard Delvaux (director)5 facts ▸
  • Board meeting, 27-06-2013
  • Director resignation, Denis Cambier (director)
  • Director resignation, Serge Dauby (director)
  • Director appointment, Anne Prignon (director)
  • Director appointment, Gérard Delvaux (director)
2012
05-12
State Gazette act Resignation: SA ACKERMANS & VAN HAAREN (director)
Appointment: SA DEMANCO (director) · Permanent representatives: Marc DE PAUW and Philippe GIGOT · Reappointment: Fondu, Pyl, Stassin & Cie, scrl (statutory auditor)6 facts ▸
  • General meeting, 14-11-2012
  • Director resignation, SA ACKERMANS & VAN HAAREN (director)
  • Director appointment, SA DEMANCO (director)
  • Permanent representative, Marc DE PAUW
  • Auditor reappointment, Fondu, Pyl, Stassin & Cie, scrl
  • Permanent representative, Philippe GIGOT
03-12
State Gazette act Statutes amendment
3 facts ▸
  • General meeting, 08-11-2012
  • Statutes amendment
  • Statutes amendment
2011
18-05
State Gazette act Registered office
Deed · Registered-office move3 facts ▸
  • Board meeting, 05-04-2011
  • Deed, 03-05-2011
  • Registered-office move, Rue Louis de Geer n° 2 à 1348 Louvain-la-Neuve
2008
15-12
State Gazette act Appointments: Hervé BRIET, Philippe REMY and 4 others
Permanent representative: Marc DE PAUW10 facts ▸
  • General meeting, 12-11-2008
  • Director appointment, Hervé BRIET (director)
  • Director appointment, Philippe REMY (director)
  • Director appointment, Guy ZONE (director)
  • Director appointment, Serge DAUBY (director)
  • Director appointment, Denis CAMBIER (director)
  • Director appointment, S.N.I. (director)
  • Permanent representative, Marc DE PAUW
  • Director appointment, Guy ZONE (chair of the board)
  • Director appointment, Philippe REMY (managing director)
15-12
State Gazette act Appointments: Guy ZONE, S.N.I. and Philippe REMY
Power of attorney8 facts ▸
  • Board meeting, 12-11-2008
  • Director appointment, Guy ZONE (chair of the board)
  • Director appointment, S.N.I. (vice président du conseil d'administration)
  • Director appointment, Philippe REMY (managing director)
  • Power of attorney, Philippe REMY
  • Power of attorney, Guy ZONE
  • Power of attorney, Guy ZONE
  • Power of attorney, Philippe REMY
2007
25-05
State Gazette act Resignations: Pierre Navaux (director) and Marc van Beirs (director)
Appointments: Denis Cambier (director) and Serge Dauby (director)5 facts ▸
  • Board meeting, 27-03-2007
  • Director resignation, Pierre Navaux (director)
  • Director resignation, Marc van Beirs (director)
  • Director appointment, Denis Cambier (director)
  • Director appointment, Serge Dauby (director)
2004
06-08
State Gazette act Reappointment: Fondu, Pyl, Stassin & Cie, scrl (statutory auditor)
Permanent representative: Philippe GIGOT3 facts ▸
  • General meeting, 12-11-2003
  • Auditor reappointment, Fondu, Pyl, Stassin & Cie, scrl
  • Permanent representative, Philippe GIGOT
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
23 directors, no change since 2024
SAINT DENIS
Director · since 16-02-2024 · Public limited company · perm. rep.: Pierre Mottet
Current
Amaud van DOOSSELAERE
Director · since 15-11-2023
Current
Gilles HUYGHEBAERT
Director · since 15-11-2023
Current
Ion Beam Applications
Director · since 15-11-2023 · Public limited company · perm. rep.: Loik-Maël NYS
Current
LUMANIGA
Director · since 15-11-2023 · Private limited company · perm. rep.: Ludivine COULON
Current
PARVAIS Olivier
Vice-chair · since 15-11-2023
Current
17 other directors
Philippe Evrard
Director · since 28-04-2022
Current
Xavier BOCQUET
Directeur général · since 19-04-2021
Current
Corinne ESTIEVENART
Directeur général adjoint · since 16-09-2020
Current
JACQUET Cédric
Director · since 14-11-2018
Current
Déborah DEPAUW
Director · since 01-07-2018
Current
Laurence LEROY
Director · since 01-07-2018
Current
ACCES DIRECT
Director · since 13-11-2013 · Public limited company · perm. rep.: Pierre RION
Current
Anne PRIGNON
Director · since 16-07-2013
Not recently confirmed
DEMANCO
Director · since 13-11-2013 · Public limited company · perm. rep.: Marc DE PAUW
Not recently confirmed
Gérard Delvaux
Director · since 16-07-2013
Not recently confirmed
Hervé BRIET
Director · since 12-11-2008
Not recently confirmed
SOCIETE D'INVESTISSEMENT DE MONS, DU BORINAGE ET DU CENTRE
Director · since 14-11-2018 · Public limited company · perm. rep.: Jean-Sébastien BELLE
Not recently confirmed
Marc DE PAUW
Chair · since 01-07-2018
Not recently confirmed
Bernard MONNIER
Director · since 13-11-2013
Not recently confirmed
Gordon BLACKMAN
Director · since 13-11-2013
Not recently confirmed
SA DEMANCO
Director · since 14-11-2012 · Legal entity · perm. rep.: Marc DE PAUW
Not recently confirmed
S.N.I.
Director · since 12-11-2008 · Legal entity · perm. rep.: Marc DE PAUW
Not recently confirmed
20-03-2025 Thomas PEVENAGE: Appointed as Représentant permanent de iba sa
20-03-2025 Loik-Maël NYS: Resigned as Représentant permanent de iba sa
24-04-2024 Pierre MOTTET: Resigned as Director
05-04-2024 SAINT DENIS: Appointed as Director
05-04-2024 SAINT DENIS: Appointed as Chair
Full history in the Timeline (95 changes) →
Location & real-estate footprint
Registered office, Ottignies-Louvain-la-Neuve · 1 establishment unit since 1987
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue Louis de Geer 21348 Ottignies-Louvain-la-Neuve
Ground area
1,394 m²
Building footprint
454 m²
Volume, LiDAR
4,185 m³
Parcel 25384B0009/00N000, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
NIVELINVEST SA
Rue Louis de Geer 2, 1348 Ottignies-Louvain-la-NeuveInsurance, reinsurance and pension funding, except compulsory social security
since 19872.032.610.452
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
25384B0009/00N000 Wallonia 1,394 m² 1 · 454 m² 11.3 m · 3 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor
DGST & Partners - Réviseurs d'entreprises SRLCurrent
Statutory auditor · represented by Michaël De Ridder
28-04-2022 → present
Show 2 earlier auditors
Fondu, Pyl, Stassin & Cie
Statutory auditor
succeeded by DGST & Partners - Réviseurs d'entreprises SRL in 2022
15-05-2020 → 28-04-2022
Fondu, Pyl, Stassin & Cie SCRL
Auditor
succeeded by Fondu, Pyl, Stassin & Cie in 2020
12-11-2003 → 15-05-2020

Articles of association

Purpose
L'objet social de la SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON (en abrégé INVEST.BW) est de promouvoir dans le secteur marchand, par des apports financiers à des…
Full purpose

L'objet social de la SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON (en abrégé INVEST.BW) est de promouvoir dans le secteur marchand, par des apports financiers à des petites et moyennes entreprises à créer ou existantes, la reconversion industrielle et la création d'emplois dans le Brabant Wallon. Accessoirement, la société peut exécuter tous travaux de gestion, d'organisation, d'étude, d'expertise et d'analyse liés à son objet social. La société peut utiliser toutes les techniques de financement quelles qu'elles soient, susceptibles de favoriser directement ou indirectement, la réalisation de l'objet social. Elle peut notamment prendre et gérer des participations, accorder des prêts, souscrire des emprunts, donner des garanties ou des cautionnements, faire des apports, renoncer à toute créance ou fusionner avec toute société ayant un objet similaire, analogue ou complémentaire. Dans l'affectation de ses moyens, la société privilégiera les techniques de financement qui assurent le retour à terme des fonds vers la société. Les objectifs de la société incluent le fait d'avoir, dans le cadre de l'exercice de ses activités, un impact positif significatif sur toutes ses parties prenantes (« stakeholders »), notamment ses bailleurs de fonds, ses employés, ses clients, la société civile et la planète. La société est gérée en tenant compte des intérêts de ces parties prenantes, dans le respect du vivant et des générations présentes et futures, et en réduisant au mieux les éventuels impacts environnementaux et sociétaux négatifs.

Structure & network

Connections & network

42 connected companies
JACQUET Cédric, Shared director, links 6 companies JCJACQUET CédricIMMOBILIERE PUBLIQUE DU CENTRE ET DE L'EST DU BRABANT WALLON, via JACQUET Cédric IPIMMOBILIEREPUBLIQUE DU…SOCIETE WALLONNE DES EAUX, via JACQUET Cédric SWSOCIETE WALLONNEDES EAUXSociété de Financement de Projets Structurants de l'Est du Brabant Wallon, via JACQUET Cédric SDSociété deFinancement…Complexe sportif de Blocry, via JACQUET Cédric CSComplexe sportifde BlocryForum des Jeunes, via JACQUET Cédric FDForum desJeunesJEUNES MR, via JACQUET Cédric JMJEUNES MRPARVAIS Olivier, Shared director, links 6 companies POPARVAIS OlivierActions Arthur Guyaux - Réseau Solidaris, via PARVAIS Olivier AAActions ArthurGuyaux…Actions sociales du Brabant wallon - Réseau Solidaris, via PARVAIS Olivier ASActionssociales du…ESENCA - LIAGES Brabant Wallon - Réseau Solidaris, via PARVAIS Olivier ELESENCALIAGES…La Maison Familiale-Services Accueil, via PARVAIS Olivier LMLa MaisonFamiliale-Ser…Vakantiecentrum - La Rose des Sables - Solidaris-netwerk, via PARVAIS Olivier VLVakantiecentrum- La Rose des…Association Pharmaceutique Belge-Algemene Pharmaceutische Bond, via PARVAIS Olivier APAssociationPharmaceutique…SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON SOCIETED'INVESTISS…0430.636.943
Shared directors
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Ownership & control

7 board mandates
Board mandates of this companythis company sits on their board7
Show 1 more

Acquisitions and mergers

6 transactions
Took over:START UP
BE 0460.291.031merger by absorption · State Gazette act of 09-07-2021 (2 acts) · effective 01-01-2021
Took over:S.D.O.
merger by absorption · State Gazette act of 14-07-2016 · effective 20-06-2016
Took over:SOFINEST
merger by absorption · State Gazette act of 14-07-2016 · effective 20-06-2016
BE 0460.369.126merger by absorption · proposal · State Gazette act of 10-05-2016
BE 0807.541.826merger by absorption · proposal · State Gazette act of 10-05-2016
Contributed a branch of activity to:Invest+
BE 0746.861.495proposal · State Gazette act of 27-05-2020 · effective 01-07-2020

Capital and shareholders

Capital over the years
  1. 28-04-2021 Capital increase of 5,666,000 EUR · to 6,500,000 EUR · from reserves
  2. 07-04-2021 Capital stated in 2 acts · 834,000 EUR · 30,600 shares
  3. 05-06-2014 Capital increase of 15,000 EUR · to 765,000 EUR · 600 new shares
  4. 05-06-2014 Capital increase of 69,000 EUR · to 834,000 EUR · from reserves

Similar companies · same sector, comparable size

Of 2,361 companies in sector 78100 we hold annual accounts for 1,364. 58 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded05-03-1987
Fiscal year end31-12
Abbreviation FR Invest.BW
Activities, NACEBEL 2025
64999Other financial services
78100Employment placement agencies
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.