ACTIVE

ACCORBEX - INVEST

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Financial year 2025 · Closed on 31/12/2025

Net result-11,1 k €+78,2 %over 1 year

Gross margin287,5 k €-7,1 %over 1 year

Equity407,6 k €-3,4 %over 1 year

Identity

Source · BCE/KBO

ACCORBEX - INVEST is a Public limited company incorporated in 1988. Its registered office is in Antwerpen.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0435.147.146
Incorporation: 03/07/1988
Legal form: Public limited company
Registered office: Santvoortbeeklaan 18
2100 Antwerpen · FlandreSee on map
Contributed capital: 274 368,06 €
Latest accounts: 31/12/2025

Signals

Good liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	287,5 k €	-7.1%	309,5 k €	+14.3%	270,8 k €	+48.1%	182,8 k €	+333%	42,2 k €
EBITDA	273,9 k €	+7.7%	254,4 k €	+64.8%	154,4 k €	+24.6%	123,9 k €	+301%	30,9 k €
Operating result	161,4 k €	+5.7%	152,8 k €	+117%	70,4 k €	+77.5%	39,6 k €	+188%	-44,9 k €
Net result	-11,1 k €	+78.2%	-50,8 k €	+35.6%	-79 k €	-907%	9,8 k €	+117%	-57,1 k €
Balance sheet
Equity	407,6 k €	-3.4%	422 k €	-10.7%	472,8 k €	+34.4%	351,8 k €	+2.9%	342 k €
Total assets	4,2 M €	-14.5%	5 M €	-10.6%	5,6 M €	+33.0%	4,2 M €	+38.5%	3 M €
Cash	4,4 k €	-92.2%	55,9 k €	-49.1%	109,8 k €	-64.3%	307,7 k €	+1088%	25,9 k €
Debts	3,8 M €	-15.5%	4,5 M €	-8.7%	5 M €	+30.2%	3,8 M €	+43.4%	2,7 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CARMEN CHEUNG	Director01/01/2020 → 04/09/2029Mandatelisted until the 2019 accountsended
CINDY KA YAN CHEUNG	Director05/09/2023 → 04/09/2029
MIU KUEN LAI	Afgevaardigd bestuurder05/09/2023 → 04/09/2029
WAI KWONG CHEUNG	Afgevaardigd bestuurder01/01/2020 → 04/09/2029Mandate14/07/2010 → 2018 accountsendedDirector14/07/2010 → 2014 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FARMAFLEX0430.701.675Represented by CARMEN CHEUNG	bestuurder01/01/2021 → 05/09/2023Mandate01/01/2021 → 2022 accounts
CINDY CHEUNG	Mandatelisted until the 2019 accountsDirector01/01/2020 → 2020 accounts

Other companies at this address

Santvoortbeeklaan 18 2100 Antwerpen

Company	CBE no.
FARMAFLEX● Active	0430.701.675
Guanyu● Active	1013.895.864
NEW WORLD● Active	0462.181.145
PHARMA-C● Active	0828.173.132

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/07/2026	30/07/2025	26/07/2024	30/06/2023	29/07/2022	29/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	02/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	30/06/2026	30/07/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	26/07/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	30/06/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	29/07/2021	Dutch	PDF
Abridged model	31/12/2019	31/07/2020	21/08/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	04/07/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	29/06/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	31/07/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	24/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	23/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	31/08/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	31/08/2011	Dutch	PDF
Abridged model	31/12/2009	03/06/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	03/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	30/07/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 10 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CARMEN CHEUNG	Director01/01/2020 → 04/09/2029Mandatelisted until the 2019 accountsended
CINDY KA YAN CHEUNG	Director05/09/2023 → 04/09/2029
MIU KUEN LAI	Afgevaardigd bestuurder05/09/2023 → 04/09/2029
WAI KWONG CHEUNG	Afgevaardigd bestuurder01/01/2020 → 04/09/2029Mandate14/07/2010 → 2018 accountsendedDirector14/07/2010 → 2014 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
FARMAFLEX0430.701.675Represented by CARMEN CHEUNG	bestuurder01/01/2021 → 05/09/2023Mandate01/01/2021 → 2022 accounts
CINDY CHEUNG	Mandatelisted until the 2019 accountsDirector01/01/2020 → 2020 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates08/09/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/02/2018
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/07/2010
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/01/2010
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/09/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/11/2005
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/10/2003
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

CARMEN CHEUNG

CINDY KA YAN CHEUNG

WAI KWONG CHEUNG

MIU KUEN LAI

FARMAFLEX

NEW WORLD

CINDY CHEUNG

JESSICA CHEUNG

JENNY CHEUNG

SANDY MOENS

SWATOW

Gillain en C° - Verzekeringen

Show the 2 other mandates

198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

ACCORBEX - INVEST

Santvoortbeeklaan 18, 2100 Deurne (Antwerp)

Director

Afgevaardigd bestuurderDirector

Afgevaardigd bestuurder

bestuurder

Afgevaardigd bestuurder

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Santvoortbeeklaan 18, 2100 Deurne (Antwerp)Current	accounts 2021 → 2025	Accounts 2025 · 2026-00357929

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ACCORBEX - INVESTCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00357929

Events

2025
Annual accounts 2025-11,1 k €↑
2024
Annual accounts 2024-50,8 k €↑
2023
Annual accounts 2023-79 k €↓
2022
Annual accounts 20229,8 k €↑
2021
Annual accounts 2021-57,1 k €↓
2020
Annual accounts 2020-16,8 k €↓
2019
Annual accounts 20193,2 k €↓
2018
Annual accounts 20184,8 k €↑
2017
Annual accounts 2017-3,1 k €↑
2016
Annual accounts 2016-18,1 k €↓
2015
Annual accounts 201516,5 k €↑
2014
Annual accounts 20147,8 k €↓
2013
Annual accounts 20138,8 k €↓
2012
Annual accounts 201214,5 k €↓
2011
Annual accounts 201119 k €↑
2010
Annual accounts 2010-10,2 k €↓
2009
Annual accounts 200935,5 k €↑
2008
Annual accounts 200813,7 k €↑
2007
Annual accounts 20073,5 k €↑
2006
Annual accounts 2006-487,9 €
03/07/1988
IncorporationPublic limited company

ACCORBEX - INVEST

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events