Summary
NEXTGEN INVESTMENT GROUP is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €236.6m and a net result of €17.5m. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 79% of 2473 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
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 31-07-2026, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
on the day
2024
14 d early
2023
22 d early
2022
20 d early
2022
182 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 48 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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. Usually files around 14 July (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
On 27 December 2022, NEXTGEN INVESTMENT GROUP was incorporated.1 In 2022 the company took the name NEXTGEN INVESTMENT GROUP.2 The registered office was moved to Watermael-Boitsfort in 2022.2 Of the 3 current board members, HEYNDERICKX Charles Jean-Guy Louis has served longest, since 2022.2 Total assets went from €191.2m in 2022 to €260.9m in 2025.3
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Financials · fiscal year 2025, full schema
In the rankings
#4 company by equity in Watermaal-Bosvoorde, Finance and insurance sector#5 company by total assets in Watermaal-Bosvoorde, Finance and insurance sector
Equity
€236.6m▲ 7.4%
2024 · €220.3m
Net result
€17.5m▼ 4.4%
2024 · €18.3m
Total assets
€260.9m▲ 14.8%
2024 · €227.4m
Solvency
90.7%▼ 6.2pp
2024 · 96.9%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Turnover€0.1m-€0.2m▲ 17.0%€0.1m▼ 20.8%€0.1m▼ 9.0%
Operating result-€0.4m--€0.6m▼ 46.6%-€0.6m▼ 11.8%-€2.4m▼ 285%
Net result€6.6mabove the sector's middle half-€26.2mabove the sector's middle half▲ 298%€18.3mabove the sector's middle half▼ 30.0%€17.5mabove the sector's middle half▼ 4.4%
Equity€187.2mabove the sector's middle half-€203.4mabove the sector's middle half▲ 8.7%€220.3mabove the sector's middle half▲ 8.3%€236.6mabove the sector's middle half▲ 7.4%
Total assets€191.2mabove the sector's middle half-€206.8mabove the sector's middle half▲ 8.2%€227.4mabove the sector's middle half▲ 10.0%€260.9mabove the sector's middle half▲ 14.8%
Debt€3.9m-€3.3m▼ 15.2%€7.0m▲ 111%€24.3m▲ 246%
Working capital€5.6mabove the sector's middle half-€14.7mabove the sector's middle half▲ 161%€18.6mabove the sector's middle half▲ 26.3%€30.5mabove the sector's middle half▲ 64.0%
Solvency97.9%above the sector's middle half-98.4%above the sector's middle half▲ 0.4pp96.9%above the sector's middle half▼ 1.5pp90.7%above the sector's middle half▼ 6.2pp
Current ratio6.86above the sector's middle half-16.16above the sector's middle half▲ 9.304.63above the sector's middle half▼ 11.5320.94above the sector's middle half▲ 16.31
Return on assets (ROA)3.4%within the sector's middle half-12.7%above the sector's middle half▲ 9.2pp8.1%within the sector's middle half▼ 4.6pp6.7%within the sector's middle half▼ 1.3pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €2.4m in 2025 against €635,253 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €260.9m
Fixed assets
€228.9m ▲ 12.4%
Current assets
€32.0m ▲ 35.0%
Equity and liabilities €260.9m
Equity
€236.6m ▲ 7.4%
Debt
€24.3m ▲ 246%
Debt's share of the balance-sheet total rises from 3.1% to 9.3%. Equity and debt are higher.
Key figures and ratios
ROE
7.4%▼
2024 · 8.3%
Debt ≤ 1 year
€1.5m▼
2024 · €5.1m
Debt > 1 year
€22.0m▲
2024 · €1.7m
Income taxes
€205,797▲
2024 · €43,049
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Operating income70/76A | €0.2m | €0.2m | €0.1m | €0.3m | ▲ 96.7% |
| Turnover70 | €0.1m | €0.2m | €0.1m | €0.1m | ▼ 9.0% |
| Other operating income74 | €0.01m | - | - | - | - |
| Non-recurring operating income76A | €0.05m | €0.01m | €0.02m | €0.2m | ▲ 783% |
| Operating charges60/66A | €0.6m | €0.7m | €0.8m | €2.7m | ▲ 250% |
| Services and other goods61 | €0.5m | €0.7m | €0.7m | €0.7m | ▼ 6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €0.05m | €0.02m | €0.02m | ▲ 4.2% |
| Other operating charges640/8 | €0.06m | - | €0.02m | €0.01m | ▼ 48.4% |
| Non-recurring operating charges66A | - | - | - | €2.0m | - |
| Operating profit (loss)9901 | -€0.4m | -€0.6m | -€0.6m | -€2.4m | ▼ 285% |
| Financial income75/76B | €8.1m | €27.5m | €19.3m | €21.0m | ▲ 8.9% |
| Recurring financial income75 | €7.9m | €27.5m | €19.3m | €21.0m | ▲ 8.9% |
| Income from financial fixed assets750 | €7.8m | €27.3m | €19.0m | €20.1m | ▲ 5.9% |
| Income from current assets751 | €0.04m | €0.2m | €0.3m | €0.8m | ▲ 195% |
| Other financial income752/9 | €0.05m | €0.02m | €362 | €0.07m | ▲ 20,488% |
| Non-recurring financial income76B | €0.2m | - | - | - | - |
| Financial charges65/66B | €1.0m | €0.7m | €0.3m | €0.8m | ▲ 217% |
| Recurring financial charges65 | €0.2m | €0.1m | €0.3m | €0.7m | ▲ 187% |
| Debt charges650 | €0.06m | €0.1m | €0.2m | €0.7m | ▲ 194% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651 | €0.07m | - | €0.02m | - | - |
| Other financial charges652/9 | €0.02m | €0.004m | €0.004m | €0.07m | ▲ 1,470% |
| Non-recurring financial charges66B | €0.8m | €0.6m | - | €0.07m | - |
| Profit (loss) for the period before taxes9903 | €6.7m | €26.2m | €18.4m | €17.7m | ▼ 3.5% |
| Income taxes67/77 | €0.1m | €0.009m | €0.04m | €0.2m | ▲ 378% |
| Taxes670/3 | €0.1m | €0.02m | €0.04m | €0.2m | ▲ 405% |
| Tax adjustments and reversals of tax provisions77 | - | €0.008m | - | €0.01m | - |
| Profit (loss) for the period9904 | €6.6m | €26.2m | €18.3m | €17.5m | ▼ 4.4% |
| Profit (loss) for the period to be appropriated9905 | €6.6m | €26.2m | €18.3m | €17.5m | ▼ 4.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €191.2m | €206.8m | €227.4m | €260.9m | ▲ 14.8% |
| Fixed assets21/28 | €184.6m | €191.1m | €203.7m | €228.9m | ▲ 12.4% |
| Intangible fixed assets21 | €0.04m | €0.07m | €0.05m | €0.04m | ▼ 29.1% |
| Tangible fixed assets22/27 | €0.09m | €0.09m | €0.09m | €0.1m | ▲ 0.8% |
| Land and buildings22 | €0.09m | €0.09m | €0.09m | €0.09m | = |
| Furniture and vehicles24 | - | €0.001m | €0.003m | €0.004m | ▲ 24.5% |
| Financial fixed assets28 | €184.4m | €190.9m | €203.5m | €228.8m | ▲ 12.4% |
| Affiliated companies280/1 | €160.9m | €162.0m | €171.1m | €190.4m | ▲ 11.3% |
| Participating interests280 | €153.3m | €154.4m | €155.5m | €162.0m | ▲ 4.2% |
| Amounts receivable281 | €7.6m | €7.6m | €15.6m | €28.4m | ▲ 81.7% |
| Companies linked by participating interests282/3 | €8.5m | €10.8m | €12.9m | €11.3m | ▼ 12.3% |
| Participating interests282 | €8.5m | €10.8m | €11.6m | €10.1m | ▼ 13.6% |
| Amounts receivable283 | - | - | €1.3m | €1.3m | = |
| Other financial fixed assets284/8 | €15.0m | €18.2m | €19.5m | €27.1m | ▲ 38.6% |
| Shares284 | €12.4m | €16.2m | €19.5m | €27.1m | ▲ 38.6% |
| Amounts receivable and cash guarantees285/8 | €2.6m | €2.0m | - | - | - |
| Current assets29/58 | €6.6m | €15.7m | €23.7m | €32.0m | ▲ 35.0% |
| Amounts receivable within one year40/41 | €0.06m | €0.9m | €3.0m | €7.2m | ▲ 143% |
| Trade receivables40 | €0.01m | €0.2m | €0.2m | €0.3m | ▲ 79.1% |
| Other amounts receivable41 | €0.05m | €0.7m | €2.8m | €6.9m | ▲ 147% |
| Current investments50/53 | €2.6m | €5.8m | €17.6m | €17.0m | ▼ 3.5% |
| Other investments51/53 | €2.6m | €5.8m | €17.6m | €17.0m | ▼ 3.5% |
| Cash at bank and in hand54/58 | €4.0m | €9.0m | €3.0m | €7.1m | ▲ 135% |
| Deferred charges and accrued income490/1 | €0.003m | €0.08m | €0.2m | €0.8m | ▲ 377% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €191.2m | €206.8m | €227.4m | €260.9m | ▲ 14.8% |
| Equity10/15 | €187.2m | €203.4m | €220.3m | €236.6m | ▲ 7.4% |
| Contributions10/11 | €103.4m | €97.8m | €97.8m | €97.8m | = |
| Capital10 | €103.4m | €97.8m | €97.8m | €97.8m | = |
| Issued capital100 | €103.4m | €97.8m | €97.8m | €97.8m | = |
| Reserves13 | €4.0m | €4.0m | €6.2m | €7.1m | ▲ 14.2% |
| Non-distributable reserves130/1 | €4.0m | €4.0m | €6.2m | €7.1m | ▲ 14.2% |
| Legal reserve130 | €4.0m | €4.0m | €6.2m | €7.1m | ▲ 14.2% |
| Profit (loss) carried forward14 | €79.9m | €101.7m | €116.4m | €131.7m | ▲ 13.2% |
| Amounts payable17/49 | €3.9m | €3.3m | €7.0m | €24.3m | ▲ 246% |
| Amounts payable after more than one year17 | €3.0m | €2.4m | €1.7m | €22.0m | ▲ 1,160% |
| Financial debts170/4 | €3.0m | €2.4m | €1.7m | €22.0m | ▲ 1,160% |
| Credit institutions173 | €3.0m | €2.4m | €1.7m | €15.0m | ▲ 760% |
| Other loans174 | - | - | - | €7.0m | - |
| Amounts payable within one year42/48 | €1.0m | €1.0m | €5.1m | €1.5m | ▼ 70.2% |
| Current portion of amounts payable after more than one year42 | €0.6m | €0.6m | €0.6m | €0.6m | ▲ 1.6% |
| Trade debts44 | €0.07m | €0.09m | €0.07m | €0.05m | ▼ 36.9% |
| Suppliers440/4 | €0.07m | €0.09m | €0.07m | €0.05m | ▼ 36.9% |
| Taxes, remuneration and social security45 | €0.05m | €0.03m | €0.03m | €0.06m | ▲ 106% |
| Taxes450/3 | €0.05m | €0.03m | €0.03m | €0.06m | ▲ 106% |
| Other amounts payable47/48 | €0.3m | €0.3m | €4.4m | €0.8m | ▼ 82.0% |
| Accrued charges and deferred income492/3 | - | - | €0.2m | €0.8m | ▲ 399% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6.6m | €26.2m | €18.3m | €17.5m | ▼ 4.4% |
| + Depreciation and write-downs630 | - | €0.05m | €0.02m | €0.02m | ▲ 4.2% |
| Operating cash flow (approximation) | €6.6m | €26.2m | €18.4m | €17.6m | ▼ 4.4% |
| Investment in fixed assets (approximation) | - | -€6.6m | -€12.6m | -€25.3m | ▼ 100% |
| Change in cash | - | €5.0m | -€5.9m | €4.1m | ▲ 168% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Liquidity times 5current ratio 20.94
Current ratio from 4.63 to 20.94; short-term debt falls from €5.1m to €1.5m.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2022net €26.2m ▲298%
Net result €26.2m, the highest in the series.
31-12
Financial
Liquidity doublescurrent ratio 16.16
Current ratio from 6.86 to 16.16.
07-08
State Gazette act
Capital & shares · Statutes amendmentCapital decrease · Capital · Dividend distribution5 facts ▸
State Gazette act
Capital & shares · Statutes amendment
Capital decrease · Capital · Dividend distribution5 facts ▸
- General meeting, 02/08/2023
- Capital decrease, €5.642.000
- Capital, €97.766.000
- Statutes amendment
- Dividend distribution, dividende intercalaire, 4.358.000,00
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
14-04
State Gazette act
Appointment: Jean-Marc Heynderickx (managing director)2 facts ▸
State Gazette act
Appointment: Jean-Marc Heynderickx (managing director)
2 facts ▸
- Board meeting, 19/01/2023
- Director appointment, Jean-Marc Heynderickx (managing director)
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · unclassified schema
2022
29-12
State Gazette act
IncorporationAppointments: HEYNDERICKX Jean-Marc Louis Félix, HEYNDERICKX Charles Jean-Guy Louis and HEYNDERICKX Stéphanie Kathleen Céline · Legal-form conversion · Registered-office move8 facts ▸
State Gazette act
Incorporation
Appointments: HEYNDERICKX Jean-Marc Louis Félix, HEYNDERICKX Charles Jean-Guy Louis and HEYNDERICKX Stéphanie Kathleen Céline · Legal-form conversion · Registered-office move8 facts ▸
- Legal-form conversion, Société anonyme de droit belge
- Registered-office move, 1170 Watermael-Boitsfort, Chaussée de la Hulpe 150
- Name change, NEXTGEN INVESTMENT GROUP
- Purpose change, La société a pour objet la prise de participations, sous quelque forme que ce soit, dans d'autres sociétés belges ou étrangères, ainsi que la gestion de ces par…
- Capital, €103.408.000
- Director appointment, HEYNDERICKX Jean-Marc Louis Félix (director)
- Director appointment, HEYNDERICKX Charles Jean-Guy Louis (director)
- Director appointment, HEYNDERICKX Stéphanie Kathleen Céline (director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
3 of 3 acts read
Directors · office · real estate
Directors
3 directors, 1 in day-to-day management, no change since 2023
Board 3
HEYNDERICKX Charles Jean-Guy Louis
CurrentDirector · since 29-12-2022
Jean-Marc Heynderickx
CurrentDirector · since 29-12-2022
Stéphanie HEYNDERICKX
CurrentDirector · since 29-12-2022
Day-to-day management 1
Jean-Marc Heynderickx
CurrentManaging director · since 14-04-2023
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Registered office, Watermaal-Bosvoorde · 1 establishment unit since 2022
Ground area
4,415 m²
Building footprint
2,124 m²
Volume, LiDAR
45,158 m³
Parcel 21652E0035/00R005, Brussels · tallest building 36.1 m, ±7 floors. Linked by address, not a title deed.
231
companies at this address
See who is registered here
1 establishment unit
NEXTGEN INVESTMENT GROUP
since 2022unit no. 2.366.329.846
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0035/00R005 | Brussels | 4,415 m² | 1 · 2,124 m² | 36.1 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
3 people since 2022, 3 in office
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| HEYNDERICKX Charles Jean-Guy Louis |
|
| Jean-Marc Heynderickx |
|
| Stéphanie HEYNDERICKX |
|
Structure & network
Owners and holdings
22 holdings · 10 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 22
-
100%
-
100%
-
100%
-
100%
-
100%
-
99.99%
-
86.7%
-
80%
-
50.25%
-
33.33%
Show 12 more holdings
-
30%
-
26%
-
25.02%
-
25%
-
25%
-
23.8%
- Equity €82.5mResult €16.8m18.72%
-
12.2%
-
11.7%
-
10.01%
-
10%
- GROWING SPRING - INVESTIMENTOS IMOBILIAROS E TURISTICOSPTSourceown accounts 2025Equity €14.9mResult €20.6m10%
Stated earlier (1)
An older source named these holdings; newer accounts no longer list them.
-
100%
All subsidiaries, including indirect ones 10
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
- BELGENEXT 100%
- BOTIMMO 100%
- Investum 2024HU 100%
- NEXTGENNL 100%
- RTS AG IMMOBILIENCH 100%
IMMO LOUISE CONCORDE 99.99%1 subsidiary
- TIGINVEST Vagyonkezelö KFTHU 86.7%
- BY-OCTO 80%
- Icontech 50.25%
According to the 2025 annual accounts of NEXTGEN INVESTMENT GROUP and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
3 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
NEXTGEN
via Jean-Marc Heynderickx · Permanent representative
→
OCTOGOLD
via Jean-Marc Heynderickx · Managing director
→
Celyad Oncology
via Jean-Marc Heynderickx · Director
former→
Capital and shareholders
Capital over the years
- 07-08-2023 Capital reduction of €5,642,000 · to €97,766,000 · repaid to the shareholders
- 29-12-2022 Capital stated in the act · €103,408,000 · 103,408 shares
Recognitions · licences · registrations
Legal Entity Identifier
984500F91FEB86A82F07
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Company details
Identification
Legal formPublic limited company
Founded27-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0795435236
Also
9925:BE0795435236
Registered
19-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.