INVESTSUD 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 €17.31M and a net result of €3.42M. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 24% of 2389 sector peers (fiscal year 2025). The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health 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.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 2389 sector peers (2025).
NBB · sector comparisonPosition among 2389 sector peers
Solvency
better than 24%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €17.31M
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 08-04-2026, 114 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
114 d early
2024
122 d early
2023
112 d early
2022
96 d early
2021
125 d early
2020
123 d early
2019
107 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€17.31M▲ 14.4%
2024 · €15.13M
2018: €16.11M
2019: €16.22M
2020: €16.15M
2021: €16.16M
2022: €15.32M
2023: €15.62M
2024: €15.13M
2018 → 2025
Net result
€3.42M
2024 · €-489k
2018: €740k
2019: €878k
2020: €121k
2021: €932k
2022: €-846k
2023: €304k
2024: €-489k
2018 → 2025
Total assets
€58.12M▲ 9.4%
2024 · €53.13M
2018: €69.04M
2019: €69.36M
2020: €68.60M
2021: €69.22M
2022: €57.87M
2023: €58.35M
2024: €53.13M
2018 → 2025
Solvency
29.8%▲ 1.3pp
2024 · 28.5%
2018: 23.3%
2019: 23.4%
2020: 23.5%
2021: 23.4%
2022: 26.5%
2023: 26.8%
2024: 28.5%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.08M-€1.18M▲ 8.9%€1.44M▲ 22.7%€2.35M▲ 62.6%€2.57M▲ 9.4%
Equity€16.16M-€15.32M▼ 5.2%€15.62M▲ 2.0%€15.13M▼ 3.1%€17.31M▲ 14.4%
Operating result€-2.46M-€-1.23M▲ 49.8%€-908k▲ 26.3%€-583k▲ 35.8%€2.68M
Net result€932k-€-846k€304k€-489k€3.42M
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2.68M after a loss of €583k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €58.12M
Fixed assets
€29.36M▲ 11.2%
Current assets
€28.76M▲ 7.6%
Equity and liabilities €58.12M
Equity
€17.31M▲ 14.4%
Debt
€40.81M▲ 7.4%
The debt ratio falls from 71.5% to 70.2%. Equity and debt are higher.
Key figures and ratios
Solvency
29.8%▲
2024 · 28.5%
ROE
19.8%▲
2024 · -3.2%
ROA
5.9%▲
2024 · -0.9%
Debt
€40.81M▲
2024 · €38.00M
Debt ≤ 1 year
€1.78M▲
2024 · €607k
Debt > 1 year
€39.02M▲
2024 · €37.39M
Income taxes
€63k▲
2024 · €4k
Staff costs
€1.76M▼
2024 · €1.89M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€53.13M€58.12M▲
Fixed assets21/28€26.41M€29.36M▲
Tangible fixed assets22/27€3.64M€3.57M▼
Land and buildings22€3.40M€3.28M▼
Furniture and vehicles24€77k€122k▲
Assets under construction and advance payments27€162k€174k▲
Financial fixed assets28€22.77M€25.79M▲
Current assets29/58€26.72M€28.76M▲
Amounts receivable after more than one year29€353k€503k▲
Other amounts receivable291€353k€503k▲
Amounts receivable within one year40/41€1.38M€2.01M▲
Trade receivables40€297k€949k▲
Other amounts receivable41€1.08M€1.06M▼
Current investments50/53€22.53M€22.78M▲
Cash at bank and in hand54/58€2.40M€3.37M▲
Deferred charges and accrued income490/1€67k€88k▲
Equity and liabilities
Total equity and liabilities10/49€53.13M€58.12M▲
Equity10/15€15.13M€17.31M▲
Contributions10/11€14.00M€14.00M=
Capital10€14.00M€14.00M=
Issued capital100€14.00M€14.00M=
Reserves13€2.09M€2.19M▲
Non-distributable reserves130/1€2.05M€2.14M▲
Legal reserve130€1.40M€1.40M=
Other1319€647k€741k▲
Distributable reserves133€47k€47k=
Profit (loss) carried forward14€-962k€1.12M▲
Amounts payable17/49€38.00M€40.81M▲
Amounts payable after more than one year17€37.39M€39.02M▲
Financial debts170/4€9.53M€9.59M▲
Other amounts payable178/9€27.86M€29.43M▲
Amounts payable within one year42/48€607k€1.78M▲
Trade debts44€44k€60k▲
Suppliers440/4€44k€60k▲
Taxes, remuneration and social security45€563k€475k▼
Taxes450/3€2k€65k▲
Remuneration and social security454/9€561k€410k▼
Other amounts payable47/48-€1.25M
Accrued charges and deferred income492/3€2k€10k▲
Income statement
Code20242025
Turnover70€2.35M€2.57M▲
Non-recurring operating income76A€422k€3.29M▲
Goods, raw materials, services and sundry goods60/61€758k€754k▼
Remuneration, social security and pensions62€1.89M€1.76M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€213k€224k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€367k€118k▼
Other operating charges640/8€138k€196k▲
Non-recurring operating charges66A-€141k
Gross operating margin9900€2.03M€5.12M▲
Operating profit (loss)9901€-583k€2.68M▲
Financial income75/76B€1.38M€2.06M▲
Recurring financial income75€892k€1.94M▲
Non-recurring financial income76B€491k€124k▼
Financial charges65/66B€1.28M€1.26M▼
Recurring financial charges65€167k€572k▲
Non-recurring financial charges66B€1.12M€686k▼
Profit (loss) for the period before taxes9903€-485k€3.48M▲
Income taxes67/77€4k€63k▲
Profit (loss) for the period9904€-489k€3.42M▲
Profit (loss) for the period to be appropriated9905€-489k€3.42M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-962k€2.46M▲
Profit (loss) brought forward from the previous period14P€-473k€-962k▼
Transfer from equity791/2-€1.00M
Transfer to equity691/2-€1.09M
To other reserves6921-€1.09M
Profit to be distributed694/7-€1.25M
Return on contributions (dividend)694-€1.00M
Employees696-€248k
Social balance
Average headcount (FTE)908710.510.5=
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
State Gazette act
Resignations & appointmentsGeneral meeting · Name change · Power of attorney4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Name change · Power of attorney4 facts ▸
- General meeting, 2026-06-24
- Name change, ORSA FUND
- Power of attorney, INVESTSUD
- Power of attorney, Chantal BURON
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €3.42M
Net result €3.42M after one loss-making year.
10-11
State Gazette act
Resignations & appointmentsDirector resignation1 fact ▸
State Gazette act
Resignations & appointments
Director resignation1 fact ▸
- Director resignation, Magotteaux International SA (administrateur)
24-04
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor appointment · Director resignation5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor appointment · Director resignation5 facts ▸
- General meeting, 2025-03-25
- Auditor appointment, SRL 2C&B (Commissaire)
- Auditor appointment, SRL RSM Interaudit (Commissaire)
- Director resignation, SA Financière du Sud-Est (administrateur)
- Director confirmation, Emmanuel SCHELLKENS (administrateur)
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
12-11
State Gazette act
Resignations & appointmentsBoard meeting · Director resignation · Director appointment3 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director resignation · Director appointment3 facts ▸
- Board meeting, 13/06/2024
- Director resignation, Marc Simonis (administrateur)
- Director appointment, Emmanuel Schellekens (administrateur)
13-05
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Permanent representative15 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Permanent representative15 facts ▸
- General meeting, 2023-03-23
- Director appointment, Laurence Calozet (administrateur)
- Director appointment, Françoise Jolly-de Vaucleroy (administrateur)
- Director appointment, Vincent Berghmans (administrateur)
- Director appointment, Pierre Bernes (administrateur)
- Director appointment, Benoit Coppée (administrateur)
- Director appointment, Olivier Masson (administrateur)
- Director appointment, Laurent Levaux (administrateur)
- Director appointment, Magotteaux International SA (administrateur)
- Permanent representative, Caleo SRL
- Director appointment, FSE SA (administrateur)
- Permanent representative, Marc Simonis
- +3 further facts in this act
10-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
18-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment4 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment4 facts ▸
- General meeting, 2023-12-21
- Director appointment, Fabian COLLARD (administrateur de catégorie B)
- Director appointment, Jacques DEFER (administrateur de catégorie B)
- Director appointment, Xavier GOEBELS (administrateur de catégorie B)
11-01
State Gazette act
Statutes amendment · MiscellaneousGeneral meeting · Statutes amendment · Registered-office move7 facts ▸
State Gazette act
Statutes amendment · Miscellaneous
General meeting · Statutes amendment · Registered-office move7 facts ▸
- General meeting, 2023-12-22
- Statutes amendment
- Registered-office move, Région wallonne
- Capital, €14.000.000
- Corporate purpose, L’objet de la société consiste à affecter ses moyens, en ce compris les moyens financiers qui sont mis à sa disposition par les pouvoirs publics ou par les inst…
- Power of attorney, INVESTSUD
- Power of attorney, Jean-François PIÉRARD
2023
31-12
Financial
Back to profitnet €304k
Net result €304k after one loss-making year.
17-10
State Gazette act
Resignations & appointmentsBoard meeting · Power of attorney6 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Power of attorney6 facts ▸
- Board meeting, 2023-09-21
- Power of attorney, Philippe DEGIVE
- Power of attorney, Stéphane DANTINNE
- Power of attorney, Y. THOMAS
- Power of attorney, INVESTSUD
- Power of attorney, INVESTSUD
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
21-02
State Gazette act
Resignations & appointmentsBoard meeting · Power of attorney · Director resignation9 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Power of attorney · Director resignation9 facts ▸
- Board meeting, 2022-11-10
- Power of attorney, Stéphane DANTINNE
- Power of attorney, Stéphane DANTINNE
- Director resignation, Benoît PITANCE
- Director appointment, Stéphane DANTINNE
- Director appointment, Pierre DETRIXHE
- Director appointment, Gilles KOESTEL
- Director appointment, Stéphane DANTINNE
- Director appointment, Stéphane DANTINNE
2022
31-12
Financial
Weakest financial yearnet €-846k ▼191%
Net result drops to €-846k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 18current ratio 79.06
Current ratio from 4.33 to 79.06; short-term debt falls from €10.91M to €457k.
06-12
State Gazette act
Resignations & appointmentsBoard meeting · Director appointment · Permanent representative6 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director appointment · Permanent representative6 facts ▸
- Board meeting, 2022-09-22
- Director appointment, SRL Caleo (administrateur)
- Permanent representative, Fabrice Heughebaert
- Permanent representative, Christophe Fruytier
- Director resignation, SPRL Sediam
- Director resignation, Herman Fruytier
28-04
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor appointment · Director resignation5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor appointment · Director resignation5 facts ▸
- General meeting, 2022-03-22
- Auditor appointment, 2C&B (Commissaire)
- Auditor appointment, RSM Interaudit (Commissaire)
- Director resignation, Xavier Lechien (administrateur)
- Director resignation, Philippe Martin (administrateur)
28-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
07-05
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director discharge7 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director discharge7 facts ▸
- General meeting, 2021-03-23
- Director resignation, Pierre Gustin (administrateur)
- Director resignation, Charles Van Wymeersch (administrateur)
- Director discharge, Pierre Gustin
- Director discharge, Charles Van Wymeersch
- Director appointment, Olivier MASSON (administrateur)
- Mandate compensation, Olivier MASSON
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Liquidity times 7current ratio 58.65
Current ratio from 8.39 to 58.65; short-term debt falls from €5.68M to €756k.
02-06
State Gazette act
Statutes amendment · Resignations & appointmentsBoard meeting · Director appointment · Power of attorney42 facts ▸
State Gazette act
Statutes amendment · Resignations & appointments
Board meeting · Director appointment · Power of attorney42 facts ▸
- Board meeting, 2020-05-12
- Director appointment, Benoit Coppée (Président du Conseil)
- Director appointment, Laurence Calozet (Vice-Présidente du Conseil)
- Director appointment, Stéphane Dantinne (Gestion journalière)
- Director appointment, Benoît Pittance (Gestion journalière)
- Power of attorney, Stéphane Dantinne
- Power of attorney, Benoît Pittance
- Power of attorney, Stéphane Dantinne
- Power of attorney, Benoît Pittance
- Power of attorney, Stéphane Dantinne
- Power of attorney, Benoît Pittance
- Power of attorney, Stéphane Dantinne
- +30 further facts in this act
02-06
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director discharge5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director discharge5 facts ▸
- General meeting, 24/03/2020
- Director resignation, Victor Billion (administrateur)
- Director discharge, Victor Billion
- Director appointment, Pierre BERNES (administrateur)
- Mandate compensation, Pierre BERNES
15-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
22-07
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Permanent representative26 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Permanent representative26 facts ▸
- General meeting, 2019-03-26
- Director appointment, Laurence CALOZET (administrateur)
- Director appointment, Francoise JOLLY (administrateur)
- Director appointment, Vincent BERGHMANS (administrateur)
- Director appointment, Victor BILLION (administrateur)
- Director appointment, Benoit COPPEE (administrateur)
- Director appointment, Pierre GUSTIN (administrateur)
- Director appointment, Laurent LEVAUX (administrateur)
- Director appointment, SNC Charles VAN WYMEERSCH (administrateur)
- Permanent representative, Charles VAN WYMEERSCH
- Director appointment, Magotteaux International SA (administrateur)
- Permanent representative, Sébastien DOSSOGNE
- +14 further facts in this act
17-04
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
04-01
State Gazette act
Capital & sharesGeneral meeting · Capital increase · Capital4 facts ▸
State Gazette act
Capital & shares
General meeting · Capital increase · Capital4 facts ▸
- General meeting, 2018-12-12
- Capital increase, €7.800.000
- Capital, €14.000.000
- Statutes amendment
2018
28-03
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-10
State Gazette act
Restructuring · End & cessationGeneral meeting · Merger · Accounting effect6 facts ▸
State Gazette act
Restructuring · End & cessation
General meeting · Merger · Accounting effect6 facts ▸
- General meeting, 2017-06-26
- Merger, 2017-06-26
- Accounting effect, 2017-01-01
- Power of attorney
- Merger condition, no share attribution – all shares of the absorbed company held by the absorbing company (art. 726 § 2 Code des sociétés)
- Declaration, no real estate (immeuble) in the transferred assets
23-05
State Gazette act
RestructuringMerger · Capital · Net-asset statement14 facts ▸
State Gazette act
Restructuring
Merger · Capital · Net-asset statement14 facts ▸
- Merger, absorption
- Capital, €6.200.000
- Capital, €7.000.000
- Net-asset statement, 2016-12-31
- Net-asset statement, 2016-12-31
- Accounting effect, 2017-01-01
- Exchange ratio, 1.22, 969,00 €
- Shareholding, 300, 7000
- Soulte, AGROBOS TECHNOLOGY
- Auditor fee, 2.000,00 €
- Fiscal regime, immunité fiscale (impôt direct et indirect)
- Debt assumption, Toutes les charges et dettes potentielles non détectées résultant de l'exploitation antérieure de la SA AGROBOS TECHNOLOGY
- +2 further facts in this act
07-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-11
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor appointment · Board meeting6 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor appointment · Board meeting6 facts ▸
- General meeting, 2016-03-22
- Auditor appointment, scprl Collin & Desablens (Commissaire)
- Auditor appointment, SCRL RSM Interaudit (Commissaire)
- Board meeting, 2016-06-23
- Director resignation, Yves NOEL (administrateur)
- Director appointment, Françoise JOLLY (administratrice)
2015
02-10
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Permanent representative22 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Permanent representative22 facts ▸
- General meeting, 2015-03-24
- Director appointment, Laurence CALOZET (administrateur)
- Director appointment, Vincent BERGHMANS (administrateur)
- Director appointment, Victor BILLION (administrateur)
- Director appointment, Benoit COPPEE (administrateur)
- Director appointment, Pierre GUSTIN (administrateur)
- Director appointment, Laurent LEVAUX (administrateur)
- Director appointment, Yves NOEL (administrateur)
- Director appointment, SNC Charles VAN WYMEERSCH (administrateur)
- Permanent representative, Charles VAN WYMEERSCH
- Director appointment, Magotteaux International SA (administrateur)
- Permanent representative, Sébastien DOSSOGNE
- +10 further facts in this act
2014
13-10
State Gazette act
Resignations & appointmentsBoard meeting · Director appointment2 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director appointment2 facts ▸
- Board meeting, 2014-06-25
- Director appointment, Laurence CALOZET (administrateur)
2013
20-06
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor appointment · Mandate compensation7 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor appointment · Mandate compensation7 facts ▸
- General meeting, 2013-03-26
- Auditor appointment, SCRL Collin & Desablens (Commissaire)
- Auditor appointment, SCRL RSM Interaudit (Commissaire)
- Mandate compensation, e2,e4
- Director resignation, Sprl SEDIAM (administrateur)
- Director appointment, SA MAGOTTEAUX INTERNATIONAL (administrateur)
- Accounting effect, 2011-12-14
2012
05-06
State Gazette act
Resignations & appointmentsBoard meeting · Director resignation · Director appointment4 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director resignation · Director appointment4 facts ▸
- Board meeting, 2011-12-14
- Director resignation, Sébastien DOSSOGNE (administrateur)
- Director appointment, SEDIAM (administrateur)
- Permanent representative, Sébastien DOSSOGNE
2011
20-09
State Gazette act
MiscellaneousGeneral meeting · Director resignation · Director appointment5 facts ▸
State Gazette act
Miscellaneous
General meeting · Director resignation · Director appointment5 facts ▸
- General meeting, 2011-08-08
- Director resignation, Charles Van Wymeersch (administrateur)
- Director appointment, SNC Charles Van Wymeersch (administrateur)
- Permanent representative, Charles Van Wymeersch
- Accounting effect, 2011-03-22
25-07
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Permanent representative21 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Permanent representative21 facts ▸
- General meeting, 2011-03-22
- Director appointment, Victor BILLION (administrateur)
- Director appointment, Fabian COLLARD (administrateur)
- Director appointment, Benoit COPPEE (administrateur)
- Director appointment, Sébastien DOSSOGNE (administrateur)
- Director appointment, Xavier GOEBELS (administrateur)
- Director appointment, Pierre GUSTIN (administrateur)
- Director appointment, Xavier LECHIEN (administrateur)
- Director appointment, Laurent LEVAUX (administrateur)
- Director appointment, Yves NOEL (administrateur)
- Director appointment, Marc SIMONIS (administrateur)
- Director appointment, Charles VAN WYMEERSCH (administrateur)
- +9 further facts in this act
2010
29-11
State Gazette act
Resignations & appointmentsBoard meeting · Power of attorney · General meeting20 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Power of attorney · General meeting20 facts ▸
- Board meeting, 2010-02-24
- Power of attorney, Benoît COPPEE
- Power of attorney, Pierre BERNES
- Power of attorney, S. DANTINNE
- General meeting, 2010-03-23
- Director appointment, Victor BILLION (administrateur)
- Director appointment, Benoît COPPEE (administrateur)
- Director appointment, Sébastien DOSSOGNE (administrateur)
- Director appointment, Pierre GUSTIN (administrateur)
- Director appointment, Laurent LEVAUX (administrateur)
- Director appointment, Léon LHOIST (administrateur)
- Director appointment, Yves NOEL (administrateur)
- +8 further facts in this act
2007
22-01
State Gazette act
Capital & shares · Statutes amendment · Resignations & appointmentsBoard meeting · Power of attorney6 facts ▸
State Gazette act
Capital & shares · Statutes amendment · Resignations & appointments
Board meeting · Power of attorney6 facts ▸
- Board meeting, 2006-12-13
- Power of attorney, Benoît COPPEE
- Power of attorney, Pierre BERNES
- Power of attorney, S. DANTINNE
- Power of attorney, Jean-François THISSEN
- Power of attorney, Président
2006
06-07
State Gazette act
Capital & shares · Statutes amendmentGeneral meeting · Statutes amendment · Fees declaration4 facts ▸
State Gazette act
Capital & shares · Statutes amendment
General meeting · Statutes amendment · Fees declaration4 facts ▸
- General meeting, 2006-06-14
- Statutes amendment
- Statutes amendment
- Fees declaration, 600,00 €
19-06
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Permanent representative19 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Permanent representative19 facts ▸
- General meeting, 2006-03-28
- Director appointment, Yves NOEL (administrateur)
- Director appointment, Victor BILLION (administrateur)
- Director appointment, Raymond CALOZET (administrateur)
- Director appointment, Benoit COPPEE (administrateur)
- Director appointment, Daniel GHEZA (administrateur)
- Director appointment, Pierre GUSTIN (administrateur)
- Director appointment, Léon LHOIST (administrateur)
- Director appointment, Philippe MARTIN (administrateur)
- Director appointment, Pierre MEYERS (administrateur)
- Director appointment, Marc SIMONIS (administrateur)
- Director appointment, François VIELVOYE (administrateur)
- +7 further facts in this act
2004
06-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Permanent representative19 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Permanent representative19 facts ▸
- General meeting, 2004-05-12
- Director appointment, S. CHARLIER (administrateur)
- Director appointment, V. BILLION (administrateur)
- Director appointment, R. CALOZET (administrateur)
- Director appointment, B. COPPEE (administrateur)
- Director appointment, H. FRUYTIER FINANCE (administrateur)
- Permanent representative, H. FRUYTIER
- Director appointment, FSE SA (administrateur)
- Permanent representative, Y. NOEL
- Director appointment, P. GUSTIN (administrateur)
- Director appointment, P. MEYERS (administrateur)
- Director appointment, L.A. LHOIST (administrateur)
- +7 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
59 directors, no change since 2025
Emmanuel SCHELLEKENS
CurrentDirector · since 13-06-2024
Jacques DEFER
CurrentAdministrateur de catégorie b · since 21-12-2023
Gilles KOESTEL
CurrentDirector · since 13-12-2023
Pierre DETRIXHE
CurrentDirector · since 13-12-2023
Françoise Jolly-de Vaucleroy
CurrentDirector · since 23-03-2023
H. Fruytier Finance SCA
CurrentDirector · since 23-03-2023 · Legal entity · perm. rep.: Christophe Fruytier
+ 38 not shown in this overview
22-10-2025
Magotteaux International SA: Resigned as Director
25-03-2025
SA Financière du Sud-Est: Resigned as Director
12-11-2024
Marc SIMONIS: Resigned as Director
13-06-2024
Emmanuel SCHELLEKENS: Appointed as Director
21-12-2023
Jacques DEFER: Appointed as Administrateur de catégorie b
21-12-2023
Fabian COLLARD: Appointed as Administrateur de catégorie b
21-12-2023
Xavier GOEBELS: Appointed as Administrateur de catégorie b
13-12-2023
Gilles KOESTEL: Appointed
13-12-2023
Pierre DETRIXHE: Appointed
13-12-2023
Stéphane DANTINNE: Appointed
13-12-2023
Benoît PITANCE: Resigned
23-03-2023
Françoise Jolly-de Vaucleroy: Appointed as Director
23-03-2023
H. Fruytier Finance SCA: Appointed as Director
23-03-2023
Pierre Bernès: Appointed as Director
23-03-2023
Olivier MASSON: Appointed as Director
23-03-2023
Laurence Calozet: Appointed as Director
23-03-2023
Vincent Berghmans: Appointed as Director
23-03-2023
Laurent Levaux: Appointed as Director
23-03-2023
Benoit COPPEE: Appointed as Director
23-03-2023
FSE SA: Appointed as Director
23-03-2023
Magotteaux International SA: Appointed as Director
22-09-2022
CALEO SRL: Appointed as Director
24-01-2022
Herman Fruytier: Resigned
24-01-2022
SEDIAM SPRL: Resigned
+ 103 not shown in this overview
Location & real-estate footprint
Registered office, Marche-en-Famenne · 1 establishment unit since 1997
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Marche,Rue de la Plaine 116900 Marche-en-Famenne1 establishment unit
Investsud
since 19972.023.359.424
Statutory auditor
10 auditors| RSM INTERAUDIT SRLCurrent Commissaire | 25-03-2025 → present |
| SRL 2C&BCurrent Commissaire | 25-03-2025 → present |
Show 8 earlier auditors
| 2C&B Commissaire succeeded by SRL 2C&B in 2025 | 26-03-2019 → 25-03-2025 |
| COLLIN Commissaire réviseur succeeded by RSM Interaudit SCRL in 2010 | 12-05-2004 → 23-03-2010 |
| RSM INTERAUDIT Commissaire succeeded by SRL 2C&B in 2025 | 26-03-2019 → 25-03-2025 |
| RSM Interaudit SCRL Commissaire succeeded by SCRL Collin & Desablens in 2013 | 23-03-2010 → 26-03-2013 |
| SCPRL COLLIN & DESABLENS Commissaire succeeded by RSM INTERAUDIT in 2019 | 22-03-2016 → 26-03-2019 |
| ScPRL DCB COLLIN & DESABLENS Commissaire réviseur succeeded by SCRL Collin & Desablens in 2013 | 23-03-2010 → 26-03-2013 |
| SCRL Collin & Desablens Commissaire · represented by Victor COLLIN succeeded by SCPRL COLLIN & DESABLENS in 2016 | 26-03-2013 → 22-03-2016 |
| T. LEJUSTE Commissaire réviseur succeeded by RSM Interaudit SCRL in 2010 | 12-07-2004 → 23-03-2010 |
Structure & network
Connections & network
65 connected companiesLinked via shared directors
viaFabian COLLARD · Director
→
viaFabian COLLARD · Permanent representative
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viaPierre Bernès · Director
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viaEmmanuel SCHELLEKENS · Director
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Show 29 more companies with a shared director
viaBenoit COPPEE · Director
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viaEmmanuel SCHELLEKENS · Permanent representative
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viaFabian COLLARD · Managing director
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viaFabian COLLARD · Daily management delegate
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viaXavier GOEBELS · Permanent representative
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viaFabian COLLARD · Director
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viaBenoit COPPEE · Director
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viaXavier GOEBELS · Permanent representative
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viaFabian COLLARD · Directeur général
former→
viaBenoit COPPEE · Director
former→
viaBenoit COPPEE · Director
former→
viaEmmanuel SCHELLEKENS · Permanent representative
former→
viaEmmanuel SCHELLEKENS · Daily management delegate
former→
viaFabian COLLARD · Director
former→
viaOlivier MASSON · Director
former→
viaBenoit COPPEE · Director
former→
viaBenoit COPPEE · Director
former→
viaFabian COLLARD · Director
former→
viaOlivier MASSON · Permanent representative
former→
viaOlivier MASSON · Représentant permanent
former→
viaFabian COLLARD · Director
former→
viaBenoit COPPEE · Director
former→
viaXavier GOEBELS · Director
former→
viaBenoit COPPEE · Director
former→
viaXavier GOEBELS · Director
former→
viaFabian COLLARD · Director
former→
viaFabian COLLARD · Director
former→
viaEmmanuel SCHELLEKENS · Director
former→
viaEmmanuel SCHELLEKENS · Director
former→
Network connections
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Acquisitions and mergers
2 transactionsTook over:AGROBOS TECHNOLOGY
Took over:AGROBOS TECHNOLOGY
Capital and shareholders
Capital increase of 7,800,000 EUR
Recognitions · licences · registrations
Legal Entity Identifier
967600VAHLO860AON358
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DISTRIHOLD
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Joulz Sun4Business
BE 0666.554.504
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 4,601 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-11-1983
Fiscal year end31-12
Legal name FR
ORSA FUND
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
64999Other financial services
65234
65236
Sources
Crossroads Bank for EnterprisesNational Bank · 42 filings
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesWebsite:www.capitaletcroissance.be
E-mail:info@capitaletcroissance.be
Phone:084/320.520
Fax:084/315.723