ACTIVE

Invedel

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

-590,2 k €

-604.6% YoY

Gross margin

495,5 k €

-31.3% YoY

Equity

8 M €

+57.1% YoY

Workforce

0,0 ETP

What does Invedel do?

Invedel is a Public limited company incorporated in 1991. Its main activity is: Activities of head offices. Its registered office is in Brugge.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.073.333

Incorporation

16/01/1991

Legal form

Public limited company

Registered office

Scheepsdalelaan 60
8000 Brugge · FlandreSee on map

Contributed capital

5 000 000,00 €

Latest accounts

31/12/2025

Average workforce

0,0 ETP

Activities (NACE)

70100Activities of head offices· main 70100Activities of head offices 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Signals

Good liquidityPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	495,5 k €	-31.3%	721,4 k €	-16.8%	867,2 k €	+36.0%	637,6 k €	+14.8%	555,5 k €	+16.5%	476,9 k €	+102%	236 k €	+52.5%	154,8 k €	+97.4%	78,4 k €	-24.0%	103,2 k €	-24.8%	137,1 k €	+1584%	8,1 k €	-83.1%	48,3 k €	-54.0%	104,9 k €	+257%	29,4 k €	-63.9%	81,6 k €	-47.2%	154,6 k €	+1173%	12,1 k €	-77.7%	54,6 k €	+30.6%	41,8 k €
EBITDA	447 k €	-33.8%	675,5 k €	-17.9%	822,6 k €	+38.5%	594,1 k €	+15.2%	515,8 k €	+19.9%	430,2 k €	+109%	205,6 k €	+47.6%	139,2 k €	+350%	30,9 k €	-67.0%	93,8 k €	+5.1%	89,3 k €	+1972%	-4,8 k €	-116%	29,3 k €	-66.1%	86,6 k €	+559%	13,2 k €	-79.6%	64,6 k €	-52.6%	136,3 k €	+7065%	-2 k €	-105%	40,3 k €	+39.1%	29 k €
Operating result	-39,2 k €	-110%	403,3 k €	-29.4%	571 k €	+58.1%	361,2 k €	+36.7%	264,2 k €	+19.1%	221,8 k €	+3102%	-7,4 k €	-117%	42,7 k €	+175%	-57 k €	-255%	36,8 k €	+14.0%	32,2 k €	+264%	-19,7 k €	-214%	17,3 k €	-75.8%	71,5 k €	+739%	-11,2 k €	-149%	23 k €	-75.8%	94,9 k €	+319%	-43,3 k €	-595%	8,7 k €	+146%	3,6 k €
Net result	-590,2 k €	-605%	-83,8 k €	-191%	92,2 k €	+22.7%	75,1 k €	+110%	35,8 k €	-57.2%	83,7 k €	+163%	-132,6 k €	-1922%	7,3 k €	+105%	-149,8 k €	-1581%	10,1 k €	+140%	-25,2 k €	-331%	-5,9 k €	-134%	17,1 k €	-75.1%	68,7 k €	+544%	-15,5 k €	-208%	14,4 k €	-84.8%	94,8 k €	+297%	-48,1 k €	-504%	11,9 k €	-80.8%	62 k €
Balance sheet
Equity	8 M €	+57.1%	5,1 M €	-1.6%	5,2 M €	+1.8%	5,1 M €	+1.5%	5 M €	+0.7%	5 M €	+1.8%	4,9 M €	-2.6%	5 M €	+0.1%	5 M €	-2.9%	5,2 M €	+0.2%	5,2 M €	+649%	688,6 k €	-0.8%	694,5 k €	+11.5%	622,7 k €	+12.4%	554 k €	-2.7%	569,5 k €	+3.4%	551 k €	+20.8%	456,2 k €	-9.5%	504,3 k €	+2.4%	492,4 k €
Total assets	39 M €	+14.9%	33,9 M €	+0.3%	33,9 M €	+230%	10,3 M €	+5.8%	9,7 M €	+20.5%	8 M €	+0.5%	8 M €	-1.1%	8,1 M €	+36.4%	5,9 M €	-2.4%	6,1 M €	+1.4%	6 M €	+699%	750,2 k €	-3.2%	774,8 k €	-6.1%	825,4 k €	+10.0%	750,5 k €	-9.5%	828,9 k €	+0.3%	826,7 k €	+27.8%	647,1 k €	-3.8%	672,9 k €	-3.8%	699,5 k €
Cash	217,8 k €	-72.7%	798,9 k €	+40.3%	569,3 k €	-46.6%	1,1 M €	+152%	423,6 k €	-27.8%	586,4 k €	+13.5%	516,6 k €	-34.6%	789,8 k €	+673%	102,2 k €	+130%	44,4 k €	-66.7%	133,2 k €	-49.2%	262 k €	-35.1%	403,8 k €	+3861%	10,2 k €	+333%	2,4 k €	-95.9%	57,1 k €	-43.9%	101,8 k €	+232%	30,6 k €	+14.8%	26,7 k €	-52.5%	56,1 k €
Debts	30,4 M €	+5.7%	28,8 M €	+0.6%	28,6 M €	+484%	4,9 M €	+10.0%	4,5 M €	+53.8%	2,9 M €	-2.0%	3 M €	-0.4%	3 M €	+253%	841,8 k €	+0.4%	838,5 k €	+7.5%	780,3 k €	+16534%	4,7 k €	-52.6%	9,9 k €	-93.8%	158,6 k €	+5.3%	150,5 k €	-28.7%	211,2 k €	-8.4%	230,5 k €	+60.5%	143,7 k €	+20.0%	119,7 k €	-21.6%	152,7 k €
Other
Workforce	0,0 ETP		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

Kristien Vermeersch

Director · since 14 avril 2023 · until 09 juin 2028

Active

Lore Descheemaecker

Managing director · since 14 avril 2023 · until 09 juin 2028

Active

Michael Gurickx

Director · since 14 avril 2023 · until 09 juin 2028

Active

Ended mandates

Kristien Vermeersch

Director · since 14 avril 2023

Ended

Lore Descheemaecker

Managing director · since 14 avril 2023

Ended

Luc Descheemaecker

Lid van de directieraad · since 14 avril 2023 · until 31 décembre 2023

Ended

Michael Gurickx

Director · since 14 avril 2023

Ended

At this address

Other companies at this address

Company	CBE no.
GILBEKO● Active	0453.564.674
Maatschap 't Groenhof● Active	1034.143.229
Novus● Active	0466.286.522
Novus Construct● Active	0849.385.151
Novus Holding● Active	0847.250.359
RURSUS REAL ESTATE DEVELOPMENT● Active	0758.989.069

Annual accounts

Full financial information

	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	31/08/2026	19/06/2025	06/08/2024	07/07/2023	30/06/2022	02/07/2021
General meeting	31/07/2026	13/06/2025	29/06/2024	09/06/2023	10/06/2022	11/06/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/07/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	13/06/2025	19/06/2025	Dutch	PDF
Abridged model	31/12/2023	29/06/2024	06/08/2024	Dutch	PDF
Abridged model	31/12/2022	09/06/2023	07/07/2023	Dutch	PDF
Abridged model	31/12/2021	10/06/2022	30/06/2022	Dutch	PDF
Abridged model	31/12/2020	11/06/2021	02/07/2021	Dutch	PDF
Abridged model	31/12/2019	16/10/2020	09/11/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	08/07/2019	Dutch	PDF
Abridged model	31/12/2017	08/06/2018	18/06/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	13/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	28/07/2016	Dutch	PDF
Abridged model	31/12/2014	12/06/2015	07/07/2015	Dutch	PDF
Abridged model	31/12/2013	13/06/2014	03/07/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	09/07/2013	Dutch	PDF
Abridged model	31/12/2011	08/06/2012	15/06/2012	Dutch	PDF
Abridged model	31/12/2010	10/06/2011	25/07/2011	Dutch	PDF
Abridged model	31/12/2009	11/06/2010	18/06/2010	Dutch	PDF
Abridged model	31/12/2008	12/06/2009	09/07/2009	Dutch	PDF
Abridged model	31/12/2007	13/06/2008	23/06/2008	Dutch	PDF
Abridged model	31/12/2006	08/06/2007	11/06/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 17 ended

Active mandates

Kristien Vermeersch

Director · since 14 avril 2023 · until 09 juin 2028

Active

Lore Descheemaecker

Managing director · since 14 avril 2023 · until 09 juin 2028

Active

Michael Gurickx

Director · since 14 avril 2023 · until 09 juin 2028

Active

Ended mandates

Kristien Vermeersch

Director · since 14 avril 2023

Ended

Lore Descheemaecker

Managing director · since 14 avril 2023

Ended

Luc Descheemaecker

Lid van de directieraad · since 14 avril 2023 · until 31 décembre 2023

Ended

Michael Gurickx

Director · since 14 avril 2023

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates04/05/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring20/03/2019
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring12/11/2018
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates31/08/2018
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/01/2016
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/01/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates13/06/2007
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025-590,2 k €↓
2024
Annual accounts 2024-83,8 k €↓
2023
Annual accounts 202392,2 k €↑
2022
Annual accounts 202275,1 k €↑
2021
Annual accounts 202135,8 k €↓
2020
Annual accounts 202083,7 k €↑
2019
Annual accounts 2019-132,6 k €↓
2018
Annual accounts 20187,3 k €↑
2017
Annual accounts 2017-149,8 k €↓
2016
Annual accounts 201610,1 k €↑
2015
Annual accounts 2015-25,2 k €↓
2014
Annual accounts 2014-5,9 k €↓
2013
Annual accounts 201317,1 k €↓
2012
Annual accounts 201268,7 k €↑
2011
Annual accounts 2011-15,5 k €↓
2010
Annual accounts 201014,4 k €↓
2009
Annual accounts 200994,8 k €↑
2008
Annual accounts 2008-48,1 k €↓
2007
Annual accounts 200711,9 k €↓
2006
Annual accounts 200662 k €
16/01/1991
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Invedel

Overview

What does Invedel do?

Trend over 20 financial years

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