ACTIVE

N3X INVESTMENTS

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Financial year 2025 · Closed on 31/12/2025

Net result3,1 M €+87,7 %over 1 year

Gross margin-267,3 k €-7,3 %over 1 year

Equity12,5 M €+18,1 %over 1 year

Workforce0,5 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

N3X INVESTMENTS is a Public limited company incorporated in 1993. Its main activity is: Activities of holding companies. Its registered office is in Schilde. It employs on average 0,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0451.486.203
Incorporation: 29/11/1993
Legal form: Public limited company
Registered office: Wijnegemsteenweg 22 box 2
2970 Schilde · FlandreSee on map
Contributed capital: 100 000,00 €
Latest accounts: 31/12/2025
Average workforce: 0,5 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 68100Buying and selling of own real estate 68110Buying and selling of own real estate 70120Activities of head offices

Joint committees (5)

0
100
1000
200
2000

Signals

ProfitableSolid equityLow riskPositive cashflowHealthy social debts

Financials

Source · NBB, 22 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-267,3 k €	-7.3%	-249,2 k €	-266%	-68 k €	+65.9%	-199,7 k €	+44.3%	-358,5 k €
EBITDA	-329 k €	-9.9%	-299,3 k €	-64.8%	-181,6 k €	+47.1%	-343,6 k €	+31.2%	-499,1 k €
Operating result	-332,5 k €	-10.4%	-301,2 k €	-65.0%	-182,5 k €	+47.0%	-344,5 k €	+31.1%	-500 k €
Net result	3,1 M €	+87.7%	1,7 M €	-47.1%	3,2 M €	+1277%	-268,8 k €	-69.2%	-158,9 k €
Balance sheet
Equity	12,5 M €	+18.1%	10,6 M €	+14.7%	9,3 M €	+51.9%	6,1 M €	-4.2%	6,4 M €
Total assets	18 M €	+30.5%	13,8 M €	+8.4%	12,7 M €	+29.2%	9,9 M €	+11.4%	8,8 M €
Cash	127,3 k €	-35.7%	198 k €	+230%	60 k €	+1496%	3,8 k €	-98.8%	315 k €
Debts	5,5 M €	+71.6%	3,2 M €	-8.3%	3,5 M €	-7.5%	3,8 M €	+51.6%	2,5 M €
Other
Workforce	0,5 ETP	0.0%	0,5 ETP	-58.3%	1,2 ETP	-20.0%	1,5 ETP	-81.3%	8,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
IEPENBURG0861.803.725Represented by Sels MARTINE	Director10/09/2024 → 10/09/2030
Tom HENDRICKX	Managing director17/05/2006 → 17/05/2027Director18/05/2021 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Martine SELS	Managing director20/10/2016 → 2020 accountsDirector16/05/2012 → 2023 accounts
Guido Sels	Director17/05/2006 → 2011 accounts

Other companies at this address

Wijnegemsteenweg 22 2970 Schilde

Company	CBE no.
BAKKERIJ GOOSSENS● Active	0543.929.181
BBC Zoersel vzw● Active	0479.330.844
Bermaso● Active	0466.251.878
BERMASO III● Active	0888.161.395
BIBI FASHION● Active	0444.703.428
BOUW EN PROMOTIE DIKSMUIDESTRAAT● Active	0578.846.906
BOUW EN PROMOTIE DIVINE● Active	0664.486.028
Bouw en Promotie Veertien● Active	0799.732.930
BOUW & PROMOTIE OMNIA● Active	0779.364.118
CP Designs● Active	1044.077.019
FITRACO● Active	0425.012.626
FITRINVEST● Active	0684.605.412
GF Ventures● Active	0788.399.667
Groep Bermaso● Active	1033.981.693
Grondvennootschap Veertien● Active	0799.733.029
Grondvennootschap XG● Active	0664.922.330
IEPENBURG● Active	0861.803.725
INTERWAC● Active	0424.664.416
JULMACO● Active	0467.829.416
MINERVA VASTGOED● Active	0473.917.452

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Micro 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	07/10/2026	27/10/2025	31/08/2024	30/10/2023	29/08/2022	20/08/2021
General meeting	07/10/2026	21/05/2025	15/05/2024	17/05/2023	18/05/2022	19/05/2021
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, 22 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged modelCorrection	31/12/2025	07/10/2026	07/10/2026	Dutch	PDF
Abridged model	31/12/2025	20/05/2026	30/09/2026	Dutch	PDF
Abridged model	31/12/2024	21/05/2025	27/10/2025	Dutch	PDF
Abridged model	31/12/2023	15/05/2024	31/08/2024	Dutch	PDF
Abridged model	31/12/2022	17/05/2023	30/10/2023	Dutch	PDF
Abridged model	31/12/2021	18/05/2022	29/08/2022	Dutch	PDF
Micro model	31/12/2020	19/05/2021	20/08/2021	Dutch	PDF
Micro model	31/12/2019	20/05/2020	30/10/2020	Dutch	PDF
Micro modelCorrection	31/12/2018	15/05/2019	31/10/2019	Dutch	PDF
Micro model	31/12/2018	15/05/2019	31/08/2019	Dutch	PDF
Micro model	31/12/2017	16/05/2018	31/08/2018	Dutch	PDF
Micro model	31/12/2016	17/05/2017	29/08/2017	Dutch	PDF
Abridged model	31/12/2015	18/05/2016	09/09/2016	Dutch	PDF
Abridged model	31/12/2014	20/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	21/05/2014	31/07/2014	Dutch	PDF
Abridged model	31/12/2012	15/05/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	16/05/2012	10/07/2012	Dutch	PDF
Abridged model	31/12/2010	18/05/2011	07/06/2011	Dutch	PDF
Abridged model	31/12/2009	19/05/2010	23/07/2010	Dutch	PDF
Abridged model	31/12/2008	20/05/2009	15/07/2009	Dutch	PDF
Abridged model	31/12/2007	21/05/2008	27/08/2008	Dutch	PDF
Abridged model	31/12/2006	16/05/2007	31/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

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

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
IEPENBURG0861.803.725Represented by Sels MARTINE	Director10/09/2024 → 10/09/2030
Tom HENDRICKX	Managing director17/05/2006 → 17/05/2027Director18/05/2021 → 2023 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Martine SELS	Managing director20/10/2016 → 2020 accountsDirector16/05/2012 → 2023 accounts
Guido Sels	Director17/05/2006 → 2011 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates02/12/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other18/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates10/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office19/03/2019
MAATSCHAPPELIJKE ZETEL
PDF
Other20/06/2017
BENAMING
PDF
Mandates23/12/2016
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/07/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/06/2006
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

IEPENBURG

Tom HENDRICKX

Martine SELS

Guido Sels

19931994199519961997199819992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024202520262027202820292030

N3X INVESTMENTS

Wijnegemsteenweg 22 bte 2, 2970 SchildeWijnegemsteenweg 22 bus 2, 2970 SchildeWijnegemsteenweg 22 bte 2, 2970 Schilde

Director

Managing directorDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Wijnegemsteenweg 22 bte 2, 2970 SchildeCurrent	accounts 2025	Accounts 2025 · 2026-00549796
Wijnegemsteenweg 22 bus 2, 2970 Schilde	accounts 2023 → 2024	Accounts 2024 · 2025-00549872
Wijnegemsteenweg 22 bte 2, 2970 Schilde	accounts 2021 → 2022	Accounts 2022 · 2023-00496219

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
N3X INVESTMENTSCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00549796

Events

2025
Annual accounts 20253,1 M €↑
2024
Annual accounts 20241,7 M €↓
2023
Annual accounts 20233,2 M €↑
2022
Annual accounts 2022-268,8 k €↓
2021
Annual accounts 2021-158,9 k €↓
2020
Annual accounts 20201,6 M €↑
2019
Annual accounts 201949,7 k €↓
2018
Annual accounts 2018313,6 k €↑
2017
Annual accounts 2017-316,2 k €↓
2016
Annual accounts 20161,3 M €↑
2015
Annual accounts 2015-174,3 k €↑
2014
Annual accounts 2014-555,7 k €↓
2013
Annual accounts 2013-191,7 k €↓
2012
Annual accounts 2012-55,6 k €↓
2011
Annual accounts 2011129,1 k €↓
2010
Annual accounts 2010335,3 k €↑
2009
Annual accounts 2009218,3 k €↑
2008
Annual accounts 2008-41,2 k €↓
2007
Annual accounts 2007251,3 k €↓
2006
Annual accounts 20062,4 M €
29/11/1993
IncorporationPublic limited company

N3X INVESTMENTS

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