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INITIAL BELUX

Active
Public limited companyfounded 2021active for 5 yearsBrandekensweg 2, 2627 Schelle, Belgium10 active companies are registered at this addressKBO/BCE: BE 0765.680.386

From the official registers: KBO 5 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

INITIAL BELUX has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.2m and a net result of €355,233. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 78% of 543 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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INITIAL BELUXActiveChecked score 99/100
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History

INITIAL BELUX was incorporated on 25 March 2021 as a public limited company.1 In 2022 the capital was increased by €2.5m to €3.3m.2 Turnover grew from €135,288 in 2021 to €3.1m in 2025 and headcount from 3.9 to 14.3 full-time equivalents.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-12-2022
  3. 3National Bank, annual accounts 2021 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
30-06
NBB filing Annual accounts filedNBB
financial year 2025 · full format
24-06
Gazette deed Appointment: Ben Ghyselinck (director)
Power of attorney · Shareholding6 facts ▸
  • General meeting, 12-05-2026
  • Director appointment, Ben Ghyselinck (director)
  • Power of attorney, Piet Everaert
  • Power of attorney, Alexandre Saussez
  • Power of attorney, Sezen Güler
  • Shareholding, twee aandeelhouders

Open the act in the Belgian Official Gazette

09-04
Gazette deed Resignations & appointments
Power of attorney3 facts ▸
  • Board meeting, 02-03-2026
  • Power of attorney, Kevin Vandepoele
  • Power of attorney, Tom Lorre

Open the act in the Belgian Official Gazette

2025
31-12
Financial Highest result from 2021 to 2025net €355,233 ▲1,198%
Operating result €310,381, net result €355,233, both a record.
31-12
Financial Equity above €2mequity €2.2m ▲18.8%
2 profitable years in a row build equity to €2.2m.
09-10
Gazette deed Appointment: Giuseppe Bica (gedelegeerd bestuurder belast met het dagelijks bestuur)
2 facts ▸
  • Board meeting, 02-01-2025
  • Director appointment, Giuseppe Bica (gedelegeerd bestuurder belast met het dagelijks bestuur)

Open the act in the Belgian Official Gazette

29-08
Gazette deed Resignation: Alain Van Lidth de Jeude (director)
Power of attorney5 facts ▸
  • General meeting, 15-07-2025
  • Director resignation, Alain Van Lidth de Jeude (director)
  • Power of attorney, Piet Everaert
  • Power of attorney, Paul Soens
  • Power of attorney, Alexandre Saussez

Open the act in the Belgian Official Gazette

20-06
NBB filing Annual accounts filedPDF
financial year 2024 · full format
2024
31-12
Financial Back to profitnet €27,376
Net result €27,376 after 3 loss-making years.
09-09
Gazette deed Reappointment: PwC Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Sofie Van Grieken3 facts ▸
  • General meeting, 18-06-2024
  • Auditor reappointment, PwC Bedrijfsrevisoren BV (statutory auditor)
  • Permanent representative, Sofie Van Grieken

Open the act in the Belgian Official Gazette

26-06
NBB filing Annual accounts filedPDF
financial year 2023 · full format
21-05
Gazette deed Resignation: Alain Denis J. Moffroid (director)
Appointment: Fabrice Quinquenel (director)3 facts ▸
  • General meeting, 02-04-2024
  • Director resignation, Alain Denis J. Moffroid (director)
  • Director appointment, Fabrice Quinquenel (director)

Open the act in the Belgian Official Gazette

Show earlier events
02-04
Gazette deed Resignations & appointments
Power of attorney3 facts ▸
  • Board meeting, 19-02-2024
  • Power of attorney, Birgen Baes
  • Power of attorney, Pascale Staelens

Open the act in the Belgian Official Gazette

2023
13-11
Gazette deed Resignation: Steven Aernoudt (director)
2 facts ▸
  • Board meeting, 06-10-2023
  • Director resignation, Steven Aernoudt (director)

Open the act in the Belgian Official Gazette

26-06
NBB filing Annual accounts filedPDF
financial year 2022 · full format
2022
31-12
Financial Weakest financial yearnet -€786,835
Net result drops to -€786,835, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity more than doubledcurrent ratio 6.27
Current ratio from 2.92 to 6.27.
31-12
Financial Equity above €2mequity €2.2m ▲386%
Equity rises from €443,317 to €2.2m.
08-12
Gazette deed Capital & shares
Capital increase · Capital decrease · Power of attorney5 facts ▸
  • Other provision, “kennisnameengoedkeuringverslagRaadVanBestuurartikel7:228WVV, artikel 7:228 WVV” (deed in Dutch)
  • Capital increase, €2,500,000
  • Capital decrease, €318,183
  • Power of attorney, Ann Van Laere
  • Power of attorney

Open the act in the Belgian Official Gazette

01-07
NBB filing Annual accounts filedPDF
financial year 2021 · full format
27-05
Gazette deed End & cessation
Resignation: Herman Vanheusden (director) · Appointments: Giuseppe Bica, Alex Boers and Steven Aernoudt · Power of attorney7 facts ▸
  • General meeting, “schriftelijke resoluties, aandeelhouders” (deed in Dutch)
  • Director resignation, Herman Vanheusden (director)
  • Director appointment, Giuseppe Bica (director)
  • Director appointment, Alex Boers (director)
  • Director appointment, Steven Aernoudt (director)
  • Power of attorney, Tom Lorré
  • Power of attorney, Birgen Baes

Open the act in the Belgian Official Gazette

Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

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