INVENTURES
ActiveSummary
INVENTURES has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.0m and a net result of €1.3m. Equity is shrinking by ~5.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
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Signals
This company filed its last 7 accounts on average 83 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
On 25 May 2011, INVENTURES was incorporated by CORPAR and five natural persons, with a starting capital of EUR 61,500.12 The capital was increased 5 times between 2013 and 2015, most recently to EUR 15 million.345 In 2016 the registered office moved to Bruxelles.6 Of the 9 current board members, Bruno de Radzitzky d'Ostrowick has served longest, since 2012.7 Total assets went from EUR 9 million in 2018 to EUR 6.1 million in 2025.8
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Financials · fiscal year 2025, full schema
Click a name to add, emphasise or remove a line.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €868 | €868 | €960 | €968 | €988 | ▲ 2.2% |
| Gross operating margin9900 | -€25,196 | -€103,235 | -€21,044 | -€23,810 | -€55,430 | ▼ 133% |
| Operating profit (loss)9901 | -€26,064 | -€104,103 | -€22,004 | -€24,777 | -€56,419 | ▼ 128% |
| Financial income75/76B | €799,479 | €1.3m | €1,929 | €43,394 | €1.4m | ▲ 3,143% |
| Recurring financial income75 | €2,812 | €2,372 | €1,929 | €2,983 | €8,126 | ▲ 172% |
| Non-recurring financial income76B | €796,667 | €1.3m | - | €40,411 | €1.4m | ▲ 3,362% |
| Financial charges65/66B | €375,866 | €1.3m | €93,613 | €1.8m | €50,366 | ▼ 97.2% |
| Recurring financial charges65 | €866 | €383 | €423 | €101 | €266 | ▲ 162% |
| Non-recurring financial charges66B | €375,000 | €1.3m | €93,190 | €1.8m | €50,100 | ▼ 97.2% |
| Profit (loss) for the period before taxes9903 | €397,549 | -€77,043 | -€113,687 | -€1.8m | €1.3m | ▲ 173% |
| Income taxes67/77 | - | - | €13 | €264 | €23,639 | ▲ 8,844% |
| Profit (loss) for the period9904 | €397,549 | -€77,043 | -€113,700 | -€1.8m | €1.3m | ▲ 172% |
| Profit (loss) for the period to be appropriated9905 | €397,549 | -€77,043 | -€113,700 | -€1.8m | €1.3m | ▲ 172% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.4m | €8.3m | €6.5m | €4.8m | €6.1m | ▲ 27.7% |
| Fixed assets21/28 | €8.0m | €6.4m | €6.3m | €4.6m | €3.6m | ▼ 22.0% |
| Financial fixed assets28 | €8.0m | €6.4m | €6.3m | €4.6m | €3.6m | ▼ 22.0% |
| Current assets29/58 | €447,361 | €1.9m | €207,899 | €168,575 | €2.5m | ▲ 1,379% |
| Amounts receivable after more than one year29 | €263,374 | - | - | - | - | - |
| Trade receivables290 | €263,374 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €25,000 | €82,919 | €25,000 | €25,000 | €25,264 | ▲ 1.1% |
| Trade receivables40 | - | €57,919 | - | - | - | - |
| Other amounts receivable41 | €25,000 | €25,000 | €25,000 | €25,000 | €25,264 | ▲ 1.1% |
| Current investments50/53 | €12,017 | €10,238 | €10,271 | €15 | €2 | ▼ 86.4% |
| Cash at bank and in hand54/58 | €146,593 | €1.8m | €172,628 | €143,560 | €2.5m | ▲ 1,617% |
| Deferred charges and accrued income490/1 | €378 | - | - | - | €4,285 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.4m | €8.3m | €6.5m | €4.8m | €6.1m | ▲ 27.7% |
| Equity10/15 | €8.4m | €8.3m | €6.5m | €4.8m | €6.0m | ▲ 26.8% |
| Contributions10/11 | €14.6m | €14.6m | €12.6m | €12.6m | €12.6m | = |
| Capital10 | €14.6m | €14.6m | €12.6m | €12.6m | €12.6m | = |
| Issued capital100 | €14.6m | €14.6m | €12.6m | €12.6m | €12.6m | = |
| Profit (loss) carried forward14 | -€6.3m | -€6.4m | -€6.0m | -€7.8m | -€6.5m | ▲ 16.4% |
| Amounts payable17/49 | €72,246 | €24,004 | €3,743 | €2,420 | €42,045 | ▲ 1,637% |
| Amounts payable within one year42/48 | €72,220 | €24,004 | €3,743 | €2,420 | €42,045 | ▲ 1,637% |
| Trade debts44 | €72,220 | €19,814 | €3,743 | €2,420 | €20,205 | ▲ 735% |
| Suppliers440/4 | €72,220 | €19,814 | €3,743 | €2,420 | €20,205 | ▲ 735% |
| Taxes, remuneration and social security45 | - | €4,190 | - | - | €21,840 | - |
| Taxes450/3 | - | €4,190 | - | - | €21,840 | - |
| Accrued charges and deferred income492/3 | €26 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €397,549 | -€77,043 | -€113,700 | -€1.8m | €1.3m | ▲ 172% |
| Operating cash flow (approximation) | €397,549 | -€77,043 | -€113,700 | -€1.8m | €1.3m | ▲ 172% |
| Investment in fixed assets (approximation) | - | €1.6m | €78,188 | €1.7m | €1.0m | ▼ 41.8% |
| Change in cash | - | €1.7m | -€1.6m | -€29,068 | €2.3m | ▲ 8,084% |
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
30-07
State Gazette act
Reappointments: CAMASA srl, NOSHAQ sa and 2 others5 facts ▸
- General meeting, 06-05-2026
- Director reappointment, CAMASA srl (director)
- Director reappointment, NOSHAQ sa (director)
- Director reappointment, INVENTURES INVESTMENT PARTNERS sa (director)
- Director reappointment, Bruno de Radzitky d'Ostrowick (director)
28-05
State Gazette act
Reappointments: CAMASA srl, NOSHAQ sa and 3 othersPermanent representatives: Pascal Bérend, Xavier Péters and Olivier de Duve · Mandate compensation14 facts ▸
- General meeting, 07-05-2025
- Director reappointment, CAMASA srl (director)
- Permanent representative, Pascal Bérend
- Director reappointment, NOSHAQ sa (director)
- Permanent representative, Xavier Péters
- Director reappointment, INVENTURES INVESTMENT PARTNERS sa (director)
- Permanent representative, Olivier de Duve
- Director reappointment, Bruno de Radzitsky d'Osterwick (director)
- Mandate compensation, CAMASA srl
- Mandate compensation, NOSHAQ sa
- Mandate compensation, INVENTURES INVESTMENT PARTNERS sa
- Mandate compensation, Bruno de Radzitsky d'Osterwick
- +2 further facts in this act
03-07
State Gazette act
Capital & shares · Statutes amendmentCapital decrease · Capital10 facts ▸
- General meeting, 23-06-2023
- Capital decrease, €440.292,1
- Capital decrease, €1.650.636,9
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Statutes amendment
- Capital, €12.556.363
17-05
State Gazette act
Resignation: Thomas de Wouters d'Oplinter (director)Reappointment: EY Réviseurs d'entreprises (statutory auditor)4 facts ▸
- General meeting, 12-04-2023
- Director resignation, Thomas de Wouters d'Oplinter (director)
- General meeting, 13-04-2022
- Auditor reappointment, EY Réviseurs d'entreprises
09-12
State Gazette act
Reappointments: Inventures Investment Partners, Bruno de Radzitzky d'Ostrowick and 3 othersPermanent representatives: Olivier de Duve, Xavier Péters and Claude Pascal Berend · Mandate compensation10 facts ▸
- General meeting, 13-04-2022
- Director reappointment, Inventures Investment Partners (director)
- Permanent representative, Olivier de Duve
- Director reappointment, Bruno de Radzitzky d'Ostrowick (director)
- Director reappointment, Noshaq (director)
- Permanent representative, Xavier Péters
- Director reappointment, Thomas de Wouters d'Oplinter (director)
- Director reappointment, CAMASA (director)
- Permanent representative, Claude Pascal Berend
- Mandate compensation, INVENTURES
Show earlier events
31-01
State Gazette act
Registered officeRegistered-office move2 facts ▸
- Board meeting, 17-11-2021
- Registered-office move, 56 avenue des Arts à 1000 Bruxelles
11-07
State Gazette act
Resignations: Gilles van der Meerschen (director) and José Zurstrassen (director)Reappointment: Ernst & Young (statutory auditor) · Mandate compensation5 facts ▸
- General meeting, 19-06-2019
- Director resignation, Gilles van der Meerschen (director)
- Director resignation, José Zurstrassen (director)
- Auditor reappointment, Ernst & Young
- Mandate compensation, Ernst & Young
16-07
State Gazette act
Resignations: Spreds S.A. (director) and Marc FLAMMANG (director)Appointment: Inventures Investment Partners S.A. (director) · Permanent representative: Olivier de Duve5 facts ▸
- General meeting, 14-06-2018
- Director resignation, Spreds S.A. (director)
- Director appointment, Inventures Investment Partners S.A. (director)
- Permanent representative, Olivier de Duve (managing director)
- Director resignation, Marc FLAMMANG (director)
14-03
State Gazette act
Appointment: Société de Développement et de Participation du Bassin de Liège (MEUSINVEST) (director)Permanent representative: Xavier PETERS · Mandate compensation4 facts ▸
- General meeting, 09-02-2017
- Director appointment, Société de Développement et de Participation du Bassin de Liège (MEUSINVEST) (director)
- Permanent representative, Xavier PETERS
- Mandate compensation, Société de Développement et de Participation du Bassin de Liège (MEUSINVEST)
02-12
State Gazette act
Resignation: Twizarty sprl (director)Reappointments: MYMICROINVEST sa, Marc FLAMMANG and 5 others · Registered-office move11 facts ▸
- General meeting, 25-10-2016
- Board meeting, 25-10-2016
- Registered-office move, Place Sainte Gudule 5, 1000 Bruxelles
- Director resignation, Twizarty sprl (director)
- Director reappointment, MYMICROINVEST sa (director)
- Director reappointment, Marc FLAMMANG (director)
- Director reappointment, CAMASA sprl (director)
- Director reappointment, Thomas de WOUTERS d'OLINTER (director)
- Director reappointment, Jos ZURSTRASSEN (director)
- Director reappointment, Gilles van der MEERSCHEN (director)
- Director reappointment, Bruno de RADZITZKY (director)
03-10
State Gazette act
Resignation: Marc Flammang (director)Reappointment: Ernst & Young, reviseurs d'entreprises (statutory auditor) · Director discharge4 facts ▸
- General meeting, 25-05-2016
- Director resignation, Marc Flammang (director)
- Director discharge, Ernst & Young, reviseurs d'entreprises (statutory auditor)
- Auditor reappointment, Ernst & Young, reviseurs d'entreprises
15-04
State Gazette act
Appointment: Marc Robert Flammang (director)Capital increase · Capital · Statutes amendment9 facts ▸
- General meeting, 23-12-2014
- General meeting, 13-01-2015
- Capital increase, €8.022.879
- Capital increase, €467.121
- Capital, €14.647.292
- Statutes amendment
- Statutes amendment
- Director appointment, Marc Robert Flammang (director)
- Mandate compensation, Marc Robert Flammang
04-02
State Gazette act
Appointment: Thomas Jean de WOUTERS d'OPLINTER (director)Capital increase · Capital5 facts ▸
- General meeting, 23-12-2013
- Capital increase, €2.260.379,63
- Capital increase, €220.412,37
- Capital, €6.157.292
- Director appointment, Thomas Jean de WOUTERS d'OPLINTER (director)
18-10
State Gazette act
Appointment: CAMASA (director)Permanent representative: Claude Pascal BEREND · Capital increase · Capital7 facts ▸
- General meeting, 09-07-2013
- Capital increase, €1.248.907,16
- Capital increase, €201.092,84
- Capital, €3.676.500
- Director appointment, CAMASA (director)
- Permanent representative, Claude Pascal BEREND
- Mandate compensation, CAMASA
22-02
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital5 facts ▸
- General meeting, 08-02-2013
- Capital increase, €990.585,53
- Capital increase, €454.414,47
- Capital, €2.226.500
- Statutes amendment
31-01
State Gazette act
Resignations: CORPAR, MYMICROINVEST and 5 othersAppointments: MYMICROINVEST, Twizarty and 3 others · Permanent representatives: Olisa, Charles-Albert de Radzitzky d'Ostrowick and Olivier de Duve · Purpose change27 facts ▸
- General meeting, 06-11-2012
- Purpose change, Les investissements de la société doivent constituer des participations au sens de l'article 13 du Code des Sociétés ou doivent conférer à la société le contrôl…
- Share issue, 1:21, division
- Capital increase, €105.428,57
- Capital increase, €614.571,43
- Capital, €781.500
- Statutes amendment
- Director resignation, CORPAR (director)
- Director resignation, MYMICROINVEST (director)
- Director resignation, Brice de Behault (director)
- Director resignation, Olivier de Duve (director)
- Director resignation, José Zurstrassen (director)
- +15 further facts in this act
18-09
State Gazette act
Appointment: Mymicroinvest SPRL (director)Permanent representative: Olivier de Duve · Resignation: Charles-Albert de Radzitzky (managing director)8 facts ▸
- General meeting, 30-05-2012
- Director appointment, Mymicroinvest SPRL (director)
- Permanent representative, Olivier de Duve
- Board meeting, 30-05-2012
- Director appointment, Mymicroinvest SPRL (managing director)
- Director resignation, Charles-Albert de Radzitzky (managing director)
- Board composition, Charles-Albert de Radzitzky (director)
- Board composition, Allegra Kowalewski-Ferreira (director)
15-06
State Gazette act
IncorporationAppointments: KOWALEWSKI-FERREIRA Allegra, de BEHAULT Brice-Alexandre Ghislain Jacques Marie Joseph and 4 others · Permanent representative: JOLLY Baudouin · Founding capital24 facts ▸
- Incorporation, 25-05-2011
- Founding capital, €61.500
- Bank account, ING
- Founder, KOWALEWSKI-FERREIRA Allegra
- Founder, de BEHAULT Brice-Alexandre Ghislain Jacques Marie Joseph
- Founder, de DUVE Olivier Gaëtan Joëlle Andréa Marie Joseph
- Founder, de RADZITZKY d'OSTROWICK Charles-Albert Ferdinand Jehan Marie Joseph Ghislain
- Founder, ZURSTRASSEN José Charles Georges
- Founder, CORPAR
- Director appointment, KOWALEWSKI-FERREIRA Allegra (director)
- Director appointment, de BEHAULT Brice-Alexandre Ghislain Jacques Marie Joseph (director)
- Director appointment, de DUVE Olivier Gaëtan Joëlle Andréa Marie Joseph (director)
- +12 further facts in this act
Directors · office · real estate
Board 9
Show all 9 directors
9 not recently confirmed
Day-to-day management 1
Permanent representatives 3
1 not recently confirmed
Statutory auditor 1
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0475/00F000 | Brussels | 4,653 m² | 1 · 2,861 m² | 34.5 m · 9 fl. |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| Bruno de Radzitzky d'Ostrowick |
|
| NOSHAQ |
|
| Inventures Investment Partners |
|
| CAMASA |
|
| Inventures Investment Partners |
|
| NOSHAQ |
|
| Bruno de Radzitsky d'Osterwick |
|
| Bruno de Radzitky d'Ostrowick |
|
| CAMASA SRL |
|
| Ernst & Young Réviseurs d'entreprises |
|
| CORPAR |
|
| de BEHAULT Brice-Alexandre Ghislain Jacques Marie Joseph |
|
| Mymicroinvest SPRL |
|
| MYMICROINVEST |
|
| Marc Flammang |
|
| Jos ZURSTRASSEN |
|
| MYMICROINVEST sa |
|
| SPRL CAMASA |
|
| Thomas de WOUTERS d'OLINTER |
|
| Thomas de Wouters d'Oplinter |
|
| José ZURSTRASSEN |
|
| Gilles van der Meerschen |
|
| Spreds S.A. |
|
| Twizarty sprl |
|
| Brice de Behault |
|
| CORPAR |
|
| de RADZITZKY d'OSTROWICK Charles-Albert Ferdinand Jehan Marie Joseph Ghislain |
|
| KOWALEWSKI-FERREIRA Allegra |
|
| Olivier Gaëtan de DUVE |
|
Articles of association
Full purpose
Prise de participations, gestion de portefeuille, conseil, expertise, vente/achat/location d'objets de décoration et œuvres d'art, gestion de patrimoine immobilier, prêts, et toutes opérations connexes.
Structure & network
Owners and holdings
4 owners · 4 holdings · 2 subsidiaries in the treeOwners 4
-
13.33%
-
13.33%
-
1.8%
-
1%
Holdings 4
-
61.57%
-
27.21%
-
25.03%
-
20.17%
All subsidiaries, including indirect ones 2
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
2HOUSES 61.57%1 subsidiary
- 2 houses incUS 100%
According to the 2025 annual accounts of INVENTURES 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
30 connected companiesShow 26 more companies with a shared director
Ownership & control
2 board mandatesCapital and shareholders
- KOWALEWSKI-FERREIRA Allegra founder
- de BEHAULT Brice-Alexandre Ghislain Jacques Marie Joseph founder
- de DUVE Olivier Gaëtan Joëlle Andréa Marie Joseph founder
- de RADZITZKY d'OSTROWICK Charles-Albert Ferdinand Jehan Marie Joseph Ghislain founder
- ZURSTRASSEN José Charles Georges founder
- CORPAR (BE 0882.017.337) founder
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 03-07-2023 Capital reduction of 440,292.10 EUR · to 14,206,999.90 EUR · to absorb losses
- 03-07-2023 Capital reduction of 1,650,636.90 EUR · to 12,556,363 EUR · repaid to the shareholders
- 15-04-2015 Capital increase of 8,022,879 EUR · to 14,180,171 EUR · 4,245,000 new shares
- 15-04-2015 Capital increase of 467,121 EUR · to 14,647,292 EUR · from reserves
- 04-02-2014 Capital increase of 2,260,379.63 EUR · to 5,936,879.63 EUR · 1,240,396 new shares
- 04-02-2014 Capital increase of 220,412.37 EUR · to 6,157,292 EUR
- 18-10-2013 Capital increase of 1,248,907.16 EUR · to 3,475,407.16 EUR · 725,000 new shares
- 18-10-2013 Capital increase of 201,092.84 EUR · to 3,676,500 EUR · from reserves
Show 5 older capital entries
- 22-02-2013 Capital increase of 990,585.53 EUR · to 1,772,085.53 EUR · 722,500 new shares
- 22-02-2013 Capital increase of 454,414.47 EUR · to 2,226,500 EUR · from reserves
- 31-01-2013 Capital increase of 105,428.57 EUR · to 166,928.57 EUR · 360,000 new shares
- 31-01-2013 Capital increase of 614,571.43 EUR · to 781,500 EUR · no new shares · from reserves
- 15-06-2011 Incorporation · 61,500 EUR · 10,000 shares
Identification & contact
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Register as of 29 September 2026 · Peppol Directory
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