ACTIVE

INDUSTRYA FUND

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Financial year 2025 · Closed on 31/12/2025

Net result-1,6 M €+55,2 %over 1 year

Gross margin-1 M €+21,9 %over 1 year

Equity16,4 M €+31,6 %over 1 year

Workforce0,0 ETP

Identity

Source · BCE/KBO

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

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 70210Public relations and communication activities 73300Advertising and market research

Signals

Solid equityLow riskGood liquidity

Financials

Source · NBB, 5 filings

Trend over 5 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	-1 M €	+21.9%	-1,3 M €	-7.7%	-1,2 M €	-25.0%	-983,1 k €	-15.2%	-853,6 k €
EBITDA	-1 M €	+41.1%	-1,8 M €	-42.8%	-1,2 M €	-25.0%	-984,5 k €	-15.3%	-854 k €
Operating result	-1 M €	+41.1%	-1,8 M €	-42.8%	-1,2 M €	-25.0%	-984,5 k €	-15.3%	-854 k €
Net result	-1,6 M €	+55.2%	-3,5 M €	-195%	-1,2 M €	-17.6%	-997,9 k €	-15.2%	-866,2 k €
Balance sheet
Equity	16,4 M €	+31.6%	12,5 M €	-3.6%	13 M €	+41.9%	9,1 M €	+78.0%	5,1 M €
Total assets	16,5 M €	+31.1%	12,6 M €	-3.4%	13 M €	+41.8%	9,2 M €	+78.4%	5,1 M €
Cash	7,7 k €	-77.9%	34,9 k €	+65.6%	21,1 k €	-99.3%	3 M €	-2.3%	3,1 M €
Debts	38,4 k €	-52.5%	80,7 k €	+26.4%	63,8 k €	+29.4%	49,3 k €	+242%	14,4 k €
Other
Workforce	0,0 ETP		0,0 ETP		0,0 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

10 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Vincent TREVISAN	Director23/01/2025 → 23/01/2031
Carina SUTERA SARDO	Director19/11/2024 → 19/11/2030
Eric VANDER VORST	Director14/11/2023 → 14/11/2029
Michel VANHAESBROUCKE	Director29/04/2022 → 04/05/2028
Gildino TAVARES-DUCROTOIS	Director30/06/2021 → 18/09/2026Managing director18/09/2020 → 30/06/2021ended
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT0253.445.063Represented by Pascal LIZIN	Director18/09/2020 → 18/09/2026
Wim Elsen	Director30/06/2021 → 06/05/2027
LIMBURGSE RECONVERSIE MAATSCHAPPIJ0452.138.972Represented by Tom Vanham	Director18/09/2020 → 18/09/2026
NOSHAQ PARTNERS0808.219.836Represented by Fabian Marcq	Director18/09/2020 → 18/09/2026
SPARAXIS0452.116.307Represented by Sébastien Durieux	Director18/09/2020 → 18/09/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gildino. Tavares-Ducrotois	Director01/07/2021 → 2021 accounts
Third Coast BVRepresented by Thibaud LE SEGUILLON	Managing director30/06/2021 → 2022 accounts
Jean JOUET	Director18/09/2020 → 2023 accounts

Other companies at this address

Avenue Greiner 1 4100 Seraing

Company	CBE no.
DODECA● Active	0479.116.454
EMNOS● Active	0702.747.677
ESMA● Active	0702.747.479
GIMCO Manage● Active	0771.840.381
GIMCO SIO● Active	0456.951.063
John Cockerill Defense Siège● Active	0771.840.084
John Cockerill Groupe Siège● Active	0891.749.902
John Cockerill-SOLIDAIRITE● Active	0432.488.059
KH CONTAINER● Active	0792.446.844
LBX● Active	0554.892.953
PPC MANAGEMENT● Active	0840.185.591
TVB Capital● Active	1028.798.826

Full financial information

Source · NBB

	2025	2024	2023	2022	2021
Type of account	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	18/09/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Length of the financial year	12 months	12 months	12 months	12 months	16 months
Filing date	10/06/2026	23/06/2025	13/06/2024	30/06/2023	20/07/2022
General meeting	07/05/2026	03/05/2025	02/05/2024	04/05/2023	05/05/2022
Currency of the financial year	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	07/05/2026	10/06/2026	French	PDF
Abridged model	31/12/2024	03/05/2025	23/06/2025	French	PDF
Abridged model	31/12/2023	02/05/2024	13/06/2024	French	PDF
Abridged model	31/12/2022	04/05/2023	30/06/2023	French	PDF
Abridged model	31/12/2021	05/05/2022	20/07/2022	French	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

10 active · 6 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Vincent TREVISAN	Director23/01/2025 → 23/01/2031
Carina SUTERA SARDO	Director19/11/2024 → 19/11/2030
Eric VANDER VORST	Director14/11/2023 → 14/11/2029
Michel VANHAESBROUCKE	Director29/04/2022 → 04/05/2028
Gildino TAVARES-DUCROTOIS	Director30/06/2021 → 18/09/2026Managing director18/09/2020 → 30/06/2021ended
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT0253.445.063Represented by Pascal LIZIN	Director18/09/2020 → 18/09/2026
Wim Elsen	Director30/06/2021 → 06/05/2027
LIMBURGSE RECONVERSIE MAATSCHAPPIJ0452.138.972Represented by Tom Vanham	Director18/09/2020 → 18/09/2026
NOSHAQ PARTNERS0808.219.836Represented by Fabian Marcq	Director18/09/2020 → 18/09/2026
SPARAXIS0452.116.307Represented by Sébastien Durieux	Director18/09/2020 → 18/09/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gildino. Tavares-Ducrotois	Director01/07/2021 → 2021 accounts
Third Coast BVRepresented by Thibaud LE SEGUILLON	Managing director30/06/2021 → 2022 accounts
Jean JOUET	Director18/09/2020 → 2023 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Capital / shares28/10/2026
CAPITAL, ACTIONS, STATUTS (TRADUCTION, COORDINATION,
PDF
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

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

Filings5 filings

Mandates

Vincent TREVISAN

Carina SUTERA SARDO

Eric VANDER VORST

Michel VANHAESBROUCKE

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Gildino TAVARES-DUCROTOIS

Wim Elsen

SPARAXIS

LIMBURGSE RECONVERSIE MAATSCHAPPIJ

NOSHAQ PARTNERS

Gildino. Tavares-Ducrotois

Third Coast BV

Show the 4 other mandates

202020212022202320242025202620272028202920302031

INDUSTRYA FUND

Avenue Greiner 1, 4100 Seraing

Director

Managing director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Greiner 1, 4100 SeraingCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00154379

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
INDUSTRYA FUNDCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00154379

Events

2025
Annual accounts 2025-1,6 M €↑
2024
Annual accounts 2024-3,5 M €↓
2023
Annual accounts 2023-1,2 M €↓
2022
Annual accounts 2022-997,9 k €↓
2021
Annual accounts 2021-866,2 k €
18/09/2020
IncorporationPrivate limited company

INDUSTRYA FUND

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