ACTIVE

B2START

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Financial year 2025 · closed on 31/12/2025
Net result
-552,9 k €
+86.4% YoY
Revenue
3,6 k €
-74.9% YoY
Equity
4,1 M €
-12.0% YoY

What does B2START do?

B2START is a Public limited company incorporated in 2017. Its main activity is: Other monetary intermediation. Its registered office is in Ottignies-Louvain-la-Neuve.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0669.955.343
Incorporation
25/01/2017
Legal form
Public limited company
Registered office
Rue Louis de Geer 2
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map
Contributed capital
9 339 131,00 €
Latest accounts
31/12/2025
Activities (NACE)
64190Other monetary intermediation· main64190Other monetary intermediation64999Other financial service activities, except insurance and pension funding n.e.c.64999Other financial service activities, except insurance and pension funding n.e.c.
Signals
Solid equityGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20252024202320222021202020192018
Income statement
Revenue3,6 k €14,2 k €15,7 k €800 €800 €25,8 k €500 €18,5 k €
EBITDA-167,9 k €-165,3 k €-156,7 k €-105,7 k €-64,9 k €-52,1 k €-50 k €-47,7 k €
Operating result-167,9 k €-165,3 k €-156,7 k €-105,7 k €-64,9 k €-52,1 k €-50 k €-55,9 k €
Net result-552,9 k €-4,1 M €-626,6 k €-31,4 k €3,9 k €11,1 k €734,8 €-8,5 k €
Balance sheet
Equity4,1 M €4,6 M €8,7 M €7,1 M €6,1 M €4,8 M €3,6 M €3,6 M €
Total assets5,2 M €5,3 M €9,7 M €7,2 M €6,1 M €4,8 M €3,6 M €3,6 M €
Cash22,9 k €240,2 k €258,9 k €746,6 k €2 M €1,5 M €1,4 M €1,5 M €
Debts1,1 M €662,5 k €1 M €30,7 k €27,6 k €5,9 k €12,5 k €14,8 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 11 active · 45 ended

Active mandates

SAINT DENIS

Chairman of the board of directors · since 16 février 2024 · 0442.192.019

Represented by Pierre MOTTET

Active
ACCES DIRECT

Director · since 15 novembre 2023 · 0448.435.948

Represented by Pierre RION

Active
Arnaud VAN DOOSSELAERE

Director · since 15 novembre 2023

Active
Cédric JACQUET

Director · since 15 novembre 2023

Active
Déborah DEPAUW

Director · since 15 novembre 2023

Active
Gilles HUYGHEBAERT

Director · since 15 novembre 2023

Active
Ion Beam Applications

Director · since 15 novembre 2023 · 0428.750.985

Represented by Thomas PEVENAGE

Active
Laurence LEROY

Director · since 15 novembre 2023

Active
LUMANIGA

Director · since 15 novembre 2023 · 0847.316.873

Represented by Ludivine COULON

Active
Olivier PARVAIS

Director · since 15 novembre 2023

Active
Philippe EVRARD

Director · since 15 novembre 2023

Active

Ended mandates

Pierre MOTTET

Chairman of the board of directors · since 20 décembre 2023 · until 16 février 2024

Ended
Pierre MOTTET

Director · since 15 novembre 2023 · until 16 février 2024

Ended
Philippe EVRARD

Director · since 28 avril 2022 · until 15 novembre 2023

Ended
Philippe EVRARD

Director · since 28 avril 2022

Ended
At this address

Other companies at this address

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1010.674.375
CROSSFACTORY● Active
0473.172.829
Digital Campus● Active
1003.012.464
Lease.BW● Active
0432.218.835
SOCIETE D'ASSAINISSEMENT ET DE RENOVATION DES SITES INDUSTRIELS DU BRABANT WALLON● Active
0260.639.790
Société de Financement de Projets Structurants de l'Est du Brabant Wallon● Active
0807.763.936
SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON● Active
0430.636.943
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/04/202623/04/202525/04/202427/04/202329/04/202228/04/2021
General meeting22/04/202623/04/202524/04/202426/04/202327/04/202228/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/04/202623/04/2026FrenchPDF
Full model31/12/202423/04/202523/04/2025FrenchPDF
Full model31/12/202324/04/202425/04/2024FrenchPDF
Full model31/12/202226/04/202327/04/2023FrenchPDF
Full model31/12/202127/04/202229/04/2022FrenchPDF
Full model31/12/202028/04/202128/04/2021FrenchPDF
Full model31/12/201920/05/202025/05/2020FrenchPDF
Full model31/12/201824/04/201925/04/2019FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 11 active · 45 ended

Active mandates

SAINT DENIS

Chairman of the board of directors · since 16 février 2024 · 0442.192.019

Represented by Pierre MOTTET

Active
ACCES DIRECT

Director · since 15 novembre 2023 · 0448.435.948

Represented by Pierre RION

Active
Arnaud VAN DOOSSELAERE

Director · since 15 novembre 2023

Active
Cédric JACQUET

Director · since 15 novembre 2023

Active
Déborah DEPAUW

Director · since 15 novembre 2023

Active
Gilles HUYGHEBAERT

Director · since 15 novembre 2023

Active
Ion Beam Applications

Director · since 15 novembre 2023 · 0428.750.985

Represented by Thomas PEVENAGE

Active
Laurence LEROY

Director · since 15 novembre 2023

Active
LUMANIGA

Director · since 15 novembre 2023 · 0847.316.873

Represented by Ludivine COULON

Active
Olivier PARVAIS

Director · since 15 novembre 2023

Active
Philippe EVRARD

Director · since 15 novembre 2023

Active

Ended mandates

Pierre MOTTET

Chairman of the board of directors · since 20 décembre 2023 · until 16 février 2024

Ended
Pierre MOTTET

Director · since 15 novembre 2023 · until 16 février 2024

Ended
Philippe EVRARD

Director · since 28 avril 2022 · until 15 novembre 2023

Ended
Philippe EVRARD

Director · since 28 avril 2022

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates03/06/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/04/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates22/04/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates17/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates02/04/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates11/01/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates13/05/2022
    DEMISSIONS, NOMINATIONS
    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

Timeline

  1. 2025
    Annual accounts 2025-552,9 k €↑
  2. 2024
    Annual accounts 2024-4,1 M €↓
  3. 2023
    Annual accounts 2023-626,6 k €↓
  4. 2022
    Annual accounts 2022-31,4 k €↓
  5. 2021
    Annual accounts 20213,9 k €↓
  6. 2020
    Annual accounts 202011,1 k €↑
  7. 2019
    Annual accounts 2019734,8 €↑
  8. 2018
    Annual accounts 2018-8,5 k €
  9. 25/01/2017
    IncorporationPublic limited company