ACTIVE

INDUSTRYA FUND

Financial year 2025 · closed on 31/12/2025
Net result
-1,6 M €
+55.2% YoY
Gross margin
-1,0 M €
+21.9% YoY
Equity
16,4 M €
+31.6% YoY
Workforce
0,0 ETP

What does INDUSTRYA FUND do?

INDUSTRYA FUND is a Private limited company incorporated in 2020. Its main activity is: Management consultancy activities. Its registered office is in Seraing.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0754.619.022
Incorporation
18/09/2020
Legal form
Private limited company
Registered office
Avenue Greiner 1
4100 Seraing · WallonieSee on map
Contributed capital
24 500 000,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
Solid equityLow riskGood liquidity
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 5 financial years

20252024202320222021
Income statement
Gross margin-1,0 M €-1,3 M €-1,2 M €-983,1 k €-853,6 k €
EBITDA-1,0 M €-1,8 M €-1,2 M €-984,5 k €-854,0 k €
Operating result-1,0 M €-1,8 M €-1,2 M €-984,5 k €-854,0 k €
Net result-1,6 M €-3,5 M €-1,2 M €-997,9 k €-866,2 k €
Balance sheet
Equity16,4 M €12,5 M €13,0 M €9,1 M €5,1 M €
Total assets16,5 M €12,6 M €13,0 M €9,2 M €5,1 M €
Cash7,7 k €34,9 k €21,1 k €3,0 M €3,1 M €
Debts38,4 k €80,7 k €63,8 k €49,3 k €14,4 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 21 ended

Active mandates

Vincent TREVISAN

Director · since 23 janvier 2025 · until 23 janvier 2031

Active
Carina SUTERA SARDO

Director · since 19 novembre 2024 · until 19 novembre 2030

Active
Eric VANDER VORST

Director · since 14 novembre 2023 · until 14 novembre 2029

Active
Michel VANHAESBROUCKE

Director · since 29 avril 2022 · until 04 mai 2028

Active
Gildino TAVARES-DUCROTOIS

Director · since 30 juin 2021 · until 07 mai 2026

Active
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 30 juin 2021 · until 07 mai 2026 · 0253.445.063

Represented by Pascal LIZIN

Active
Wim Elsen

Director · since 30 juin 2021 · until 06 mai 2027

Active
LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Director · since 18 septembre 2020 · until 07 mai 2026 · 0452.138.972

Represented by Tom Vanham

Active
NOSHAQ PARTNERS

Director · since 18 septembre 2020 · until 07 mai 2026 · 0808.219.836

Represented by Fabian MARCQ

Active
SPARAXIS

Director · since 18 septembre 2020 · until 07 mai 2026 · 0452.116.307

Represented by Sébastien DURIEUX

Active

Ended mandates

Gildino. Tavares-Ducrotois

Director · since 01 juillet 2021 · until 18 septembre 2026

Ended
Gildino TAVARES-DUCROTOIS

Director · since 30 juin 2021 · until 18 septembre 2026

Ended
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 30 juin 2021 · until 18 septembre 2026 · 0253.445.063

Represented by Pascal LIZIN

Ended
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 30 juin 2021 · until 18 septembre 2026 · 0253.445.063

Represented by Pascal Lizin

Ended
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Annual accounts

Full financial information

20252024202320222021
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202218/09/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/2021
Length of the financial year12 months12 months12 months12 months16 months
Filing date10/06/202623/06/202513/06/202430/06/202320/07/2022
General meeting07/05/202603/05/202502/05/202404/05/202305/05/2022
Currency of the financial yearEUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202507/05/202610/06/2026FrenchPDF
Abridged model31/12/202403/05/202523/06/2025FrenchPDF
Abridged model31/12/202302/05/202413/06/2024FrenchPDF
Abridged model31/12/202204/05/202330/06/2023FrenchPDF
Abridged model31/12/202105/05/202220/07/2022FrenchPDF
Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 10 active · 21 ended

Active mandates

Vincent TREVISAN

Director · since 23 janvier 2025 · until 23 janvier 2031

Active
Carina SUTERA SARDO

Director · since 19 novembre 2024 · until 19 novembre 2030

Active
Eric VANDER VORST

Director · since 14 novembre 2023 · until 14 novembre 2029

Active
Michel VANHAESBROUCKE

Director · since 29 avril 2022 · until 04 mai 2028

Active
Gildino TAVARES-DUCROTOIS

Director · since 30 juin 2021 · until 07 mai 2026

Active
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 30 juin 2021 · until 07 mai 2026 · 0253.445.063

Represented by Pascal LIZIN

Active
Wim Elsen

Director · since 30 juin 2021 · until 06 mai 2027

Active
LIMBURGSE RECONVERSIE MAATSCHAPPIJ

Director · since 18 septembre 2020 · until 07 mai 2026 · 0452.138.972

Represented by Tom Vanham

Active
NOSHAQ PARTNERS

Director · since 18 septembre 2020 · until 07 mai 2026 · 0808.219.836

Represented by Fabian MARCQ

Active
SPARAXIS

Director · since 18 septembre 2020 · until 07 mai 2026 · 0452.116.307

Represented by Sébastien DURIEUX

Active

Ended mandates

Gildino. Tavares-Ducrotois

Director · since 01 juillet 2021 · until 18 septembre 2026

Ended
Gildino TAVARES-DUCROTOIS

Director · since 30 juin 2021 · until 18 septembre 2026

Ended
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 30 juin 2021 · until 18 septembre 2026 · 0253.445.063

Represented by Pascal LIZIN

Ended
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 30 juin 2021 · until 18 septembre 2026 · 0253.445.063

Represented by Pascal Lizin

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Capital / shares02/02/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Capital / shares26/09/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS
    PDF
  • Mandates05/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates04/03/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other19/02/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates28/06/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Other24/04/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    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 2025-1,6 M €
  2. 2024
    Annual accounts 2024-3,5 M €
  3. 2023
    Annual accounts 2023-1,2 M €
  4. 2022
    Annual accounts 2022-997,9 k €
  5. 2021
    Annual accounts 2021-866,2 k €
  6. 18/09/2020
    IncorporationPrivate limited company