INDUSTRYA FUND
The computed 12-month bankruptcy probability of INDUSTRYA FUND is 0.3% (very low). The 2025 annual accounts show equity of €16.45M and a net result of €-1.55M. Equity is growing by ~32.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 310 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €16.45M |
| Net result | €-1.55M |
| Better than sector | 95% |
| Active | 5 yrs |
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).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 99.8% | 42.2% | |
| Net result | €-1.55M | €55k | |
| Equity | €16.45M | €213k | |
| Gross operating margin | €-1.03M | €84k | |
| Employees (FTE) | 0.0 | 1.6 |
Show 6 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | - |
| Net profit | €-1.55M |
| Cash flow | - |
| Staff costs | - |
| Income taxes | €-2k |
| Dividends | - |
| Total assets | €16.49M |
| Equity | €16.45M |
| Debt | €38k |
| of which ≤ 1y | €38k |
| of which > 1y | - |
| Working capital | €3.97M |
| Employees (FTE) | 0.0 |
| 2025 | |
|---|---|
| Current ratio | 104.46 |
| Quick ratio | 104.46 |
| Working capital ratio | 24.1% |
| Solvency | 99.8% |
| Debt / equity | 0.00 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -9.4% |
| ROE | -9.4% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €16.49M |
| Fixed assets | 21/28 | €12.48M |
| Financial fixed assets | 28 | €12.48M |
| Current assets | 29/58 | €4.01M |
| Amounts receivable within one year | 40/41 | €14k |
| Investments | 50/53 | €68k |
| Cash & bank | 54/58 | €8k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €16.49M |
| Equity | 10/15 | €16.45M |
| Contributions / capital | 10/11 | €24.50M |
| Accumulated profits (losses) | 14 | €-8.05M |
| Amounts payable | 17/49 | €38k |
| Amounts payable within one year | 42/48 | €38k |
| Trade debts payable within one year | 44 | €22k |
| Income statement | ||
| Gross operating margin | 9900 | €-1.03M |
| Operating result | 9901 | €-1.04M |
| Financial income | 75 | €142k |
| Financial charges | 65 | €659k |
| Result before taxes | 9903 | €-1.55M |
| Income taxes | 67/77 | €-2k |
| Net result for the period | 9904 | €-1.55M |
| Result to be appropriated | 9905 | €-1.55M |
-
Current23-01-2025 → present
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Current19-11-2024 → present
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Current14-11-2023 → present
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Current29-04-2022 → present
-
Third Coast B.V.Legal entityDaily management· perm. rep.: Thibaud Le SéguillonState Gazette act 21132707 (09-11-2021)Current30-06-2021 → present
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Current30-06-2021 → present
Former directors (5)
-
Former- → 23-01-2025
-
Former- → 19-11-2024
-
Former- → 14-11-2023
-
Former- → 25-01-2022
-
Former- → 30-06-2021
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Pascal LizinCurrent Statutory auditor |
- | 09-11-2021 → present |
Show 1 earlier auditors
| François Fontaine Statutory auditor |
- | - → 09-11-2021 |
| NACE primary | Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies(70200) |
| Legal form | Private limited company(610) |
| Incorporation | 18-09-2020 |
| Status | Active |
| Postal code | 4100 |
Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.
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. |
|---|---|---|---|---|
| 62096A0048/00P000 ProtectedSite or landscape |
Wallonia | 6,252 m² | 1 · 3,241 m² | 21.7 m · 5 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 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
02-02-2026 Articles of association amended
Technical details
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}26-09-2025 Capital increase of €2,500,000
Technical details
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}05-05-2025 1 director appointed, 1 resigning
- Vincent Trévisan, Bestuurder
- Nicolas Serin, Bestuurder
Technical details
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}05-03-2025 1 director appointed, 1 resigning
- Carina Sutera Sardo, Bestuurder
- Yves Honhon, Bestuurder
Technical details
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}04-03-2025 1 director appointed, 1 resigning
- Carina Sutera Sardo, Bestuurder
- Yves Honhon, Bestuurder
Technical details
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}19-02-2025 Articles of association amended
Technical details
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}28-06-2024 1 director appointed, 1 resigning
- Eric Vander Vorst, Bestuurder
- Jean Jouet, Bestuurder
Technical details
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}24-04-2024 Articles of association amended
Technical details
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}22-06-2023 Capital increase of €5,000,000
Technical details
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}08-06-2022 Articles of association amended
Technical details
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}04-05-2022 1 director appointed, 1 resigning
- Michel Vanhaesbroucke, Bestuurder
- Maurice Semer, Bestuurder
Technical details
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"effective_date": "2022-01-25",
"evidence_quote": "PRENNENT ACTE de la d\u00E9mission de Monsieur Maurice Semer en qualit\u00E9 d\u0027administrateur de la Soci\u00E9t\u00E9, avec effet au 25 janvier 2022."
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}27-12-2021 Wim Elsen appointed as director
- Wim Elsen, Bestuurder
Technical details
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"evidence_quote": "DECIDENT de nommer Monsieur Wim Elsen en qualit\u00E9 d\u0027administrateur ind\u00E9pendant de la Soci\u00E9t\u00E9, met ingang van 30 juni 2021 en voor een duur van zes jaar."
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}09-11-2021 2 directors appointed, 2 resigning
- Thibaud Le Séguillon, Dagelijks bestuur
- Pascal Lizin, Commissaris
- Gildino Tavares, Dagelijks bestuur
- François Fontaine, Commissaris
Technical details
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"events": [
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"effective_date": "2021-06-30",
"evidence_quote": "Le conseil d\u0027administration prend acte de la d\u00E9mission de Monsieur Gildino Tavares en sa qualit\u00E9 d\u0027administrateur-d\u00E9l\u00E9gu\u00E9 de la Soci\u00E9t\u00E9, avec effet \u00E0 la date de la pr\u00E9sente r\u00E9union."
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"effective_date": "2021-06-30",
"evidence_quote": "Le conseil d\u0027administration d\u00E9cide d\u00E8s lors de nommer Third Coast B.V., une soci\u00E9t\u00E9 de droit n\u00E9erlandais, dont le si\u00E8ge est \u00E9tabli \u00E0 Observantenweg 10, 6212 ER Maastricht, Pays-Bas, immatricul\u00E9e \u00E0 la KvK sous le num\u00E9ro 78600448, repr\u00E9sent\u00E9e par Monsieur Thibaud Le S\u00E9guillon, domicili\u00E9 \u00E0 6228 SC Maas"
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}22-09-2020 Incorporation of a new SRL
Technical details
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}| Legal nameFR | INDUSTRYA FUND |