Belgian Resilience Fund
The computed 12-month bankruptcy probability of Belgian Resilience Fund is 1.4% (low). The 2024 annual accounts show equity of €99.69M and a net result of €-3.84M. Equity is growing by ~95% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €99.69M |
| Net result | €-3.84M |
| Active | 4 yrs |
| Board | 1 |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Show 8 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | ander |
| Revenue | - |
| EBITDA | €-3.59M |
| Net profit | €-3.84M |
| Cash flow | €-3.79M |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €163.32M |
| Equity | €99.69M |
| Debt | €63.63M |
| of which ≤ 1y | €3.04M |
| of which > 1y | €60.59M |
| Working capital | €146.29M |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 49.17 |
| Quick ratio | 49.17 |
| Working capital ratio | 89.6% |
| Solvency | 61.0% |
| Debt / equity | 0.64 |
| Long-term debt ratio | 0.61 |
| Interest coverage | -4.50 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.4% |
| ROE | -3.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €163.32M |
| Fixed assets | 21/28 | €13.89M |
| Formation expenses | 20 | €103k |
| Financial fixed assets | 28 | €13.89M |
| Current assets | 29/58 | €149.33M |
| Stocks & contracts in progress | 3 | €0 |
| Amounts receivable within one year | 40/41 | €5.37M |
| Investments | 50/53 | €32.00M |
| Cash & bank | 54/58 | €2.93M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €163.32M |
| Equity | 10/15 | €99.69M |
| Contributions / capital | 10/11 | €104.22M |
| Accumulated profits (losses) | 14 | €-4.53M |
| Amounts payable | 17/49 | €63.63M |
| Amounts payable after one year | 17 | €60.59M |
| Amounts payable within one year | 42/48 | €3.04M |
| Trade debts payable within one year | 44 | €2.24M |
| Income statement | ||
| Operating result | 9901 | €-3.64M |
| Financial income | 75 | €10.16M |
| Financial charges | 65 | €799k |
| Result before taxes | 9903 | €-3.84M |
| Net result for the period | 9904 | €-3.84M |
| Result to be appropriated | 9905 | €-3.84M |
-
Current06-11-2023 → present
| NACE primary | - |
| Legal form | Limited partnership(612) |
| Incorporation | 09-12-2021 |
| Status | Active |
| Postal code | 1170 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21652E0030/00D002 | Brussels | 3.2 ha | 1 · 7,322 m² | 21.0 m · 6 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
26-05-2026 General meeting · Auditor mandate · Mandate compensation · Power of attorney
- Filing: 2026-05-18 · Belgian Resilience Fund
- Publication: 2026-05-26 · Belgian Resilience Fund
- General meeting: 2025-06-30 · Belgian Resilience Fund
- Auditor mandate: term: 3 years, end_date: 2027-12-31, representative: Dirk Stragier · Belgian Resilience Fund
- Mandate compensation: amount: 14750, currency: EUR, frequency: annual · Belgian Resilience Fund
- Power of attorney: date: 2025-06-30, purpose: accomplir toutes les formalités nécessaires à la publication des décisions qui précèdent, granted_by: Assemblée Générale · Belgian Resilience Fund
- Power of attorney: date: 2025-06-30, purpose: accomplir toutes les formalités nécessaires à la publication des décisions qui précèdent, granted_by: Assemblée Générale · Belgian Resilience Fund
- Act object: Renouvellement de mandat commissaire-réviseur
Technical details
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}17-12-2025 Capital increase of €30,000,000 to €104,228,368.75
- €74.228.368,75 → €104.228.368,75
- 2 kapitaalbewegingen in deze akte
Technical details
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}29-05-2024 Capital increase of €36,591,368.75 to €74,228,368.75
- €37.637.000 → €74.228.368,75
Technical details
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}03-04-2024 Nathalie BLEUNVEN appointed as director
- Nathalie BLEUNVEN, Bestuurder
Technical details
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}26-03-2024 Capital increase of €5,570,000 to €37,637,000
- €32.067.000 → €37.637.000
Technical details
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}07-07-2023 Capital increase of €1,740,000 to €32,067,000
- €30.327.000 → €32.067.000
Technical details
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}20-07-2022 Capital increase of €10,220,000 to €30,327,000
- €20.107.000 → €30.327.000
Technical details
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"evidence_quote": "D\u0027augmenter le patrimoine social de la soci\u00E9t\u00E9 \u00E0 concurrence de dix millions deux cent vingt mille euros (EUR 10.220.000,00) pour le porter de vingt millions cent sept mille euros (EUR 20.107.000,00) \u00E0 trente millions trois cent vingt-sept mille euros (EUR 30.327.000,00), par la cr\u00E9ation de dix millions deux cent vingt mille (10.220.000) nouvelles parts de cat\u00E9gorie Y aux prix d\u0027un euro (EUR 1,00) par part, chacune lib\u00E9r\u00E9e \u00E0 concurrence de cent pour cent (100%).",
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}28-03-2022 Capital increase of €20,100,000 to €20,107,000
- €7.000 → €20.107.000
Technical details
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}13-12-2021 Incorporation of a new SComm
Technical details
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"name": "Tikehau Capital"
},
"kind": "rechtspersoon",
"person": null,
"share_class": "Y",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": "Tikehau Capital",
"contribution_type": "cash",
"amount_paid_in_eur": 1000,
"holder_person_name": null,
"is_subscriber_only": true,
"n_shares_subscribed": 1000,
"amount_subscribed_eur": 1000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 7000,
"subject_company": {
"kbo": "0778.407.578",
"name_full": "Belgian Recovery Fund",
"legal_form": "SComm"
},
"initial_directors": [],
"incorporation_date": "2021-12-07",
"post_incorporation_mandates": []
}| Legal nameFR | Belgian Resilience Fund |