DISSOLUTION BY OPERATION OF LAW

IMPULSE MICROFINANCE INVESTMENT FUND

Export PDF

Company — Dissolution by operation of law.

Financial year 2025 · Closed on 31/12/2025

Net result164 k €-64,2 %over 1 year

Gross margin-46,6 k €-31,2 %over 1 year

Equity1,7 M €+11,0 %over 1 year

Identity

Source · BCE/KBO

IMPULSE MICROFINANCE INVESTMENT FUND is a Public limited company incorporated in 2004. Its main activity is: Other activities auxiliary to financial services, except insurance and pension funding. Its registered office is in Antwerpen.

Legal situation: Dissolution by operation of law
BCE/KBO no. / VAT: BE 0870.792.160
Incorporation: 24/12/2004
Legal form: Public limited company
Registered office: Sneeuwbeslaan 20
2610 Antwerpen · FlandreSee on map
Contributed capital: 14 407 800,00 €
Latest accounts: 31/12/2025

Activities (NACE)

66199Other activities auxiliary to financial services, except insurance and pension funding· main 66199Other activities auxiliary to financial services, except insurance and pension funding

Signals

ProfitableSolid equityGood liquidityPositive cashflow

Financials

Source · NBB, 20 filings

Trend over 17 financial years

	2025		2024		2023		2020		2018
Income statement
Gross margin	-46,6 k €	-31.2%	-35,6 k €	-22.6%	-29 k €	+18.6%	-35,6 k €	+33.6%	-53,6 k €
EBITDA	-47,2 k €	-31.6%	-35,8 k €	-23.5%	-29 k €	+19.0%	-35,8 k €	+72.2%	-128,8 k €
Operating result	-47,2 k €	-31.6%	-35,8 k €	-23.5%	-29 k €	+19.0%	-35,8 k €	+72.2%	-128,8 k €
Net result	164 k €	-64.2%	458,6 k €	+1.3%	452,7 k €	+1340%	-36,5 k €	+84.8%	-240,1 k €
Balance sheet
Equity	1,7 M €	+11.0%	1,5 M €	+2.0%	1,5 M €	+20.1%	1,2 M €	-28.7%	1,7 M €
Total assets	1,7 M €	+11.2%	1,5 M €	+1.3%	1,5 M €	-25.2%	2 M €	-22.4%	2,6 M €
Cash	284,9 k €	+156%	111,3 k €	+20.5%	92,3 k €	-84.6%	601,1 k €	-44.0%	1,1 M €
Debts	17,8 k €	+100%	8,9 k €	-53.0%	19 k €	+83.7%	10,3 k €	-90.1%	104,8 k €

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 21 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Incofin Investment Management0815.870.958Represented by Loic De Cannière	Liquidatorsince 21/12/2016

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Werner Elpers	Director28/05/2014 → 2016 accounts
Eric Delecluyse	Director29/05/2013 → 2016 accounts

Other companies at this address

Sneeuwbeslaan 20 2610 Antwerpen

Company	CBE no.
AirTies Belgium● Active	0721.463.729
Association belge des Analystes financiers - Belgische Vereniging der Financiële Analisten● Active	0408.939.132
Avit Systems België● Active	0676.478.691
BALMA● Active	0543.758.937
BURGER BRANDS BELGIUM● Active	0460.954.490
BURGER KING SEE● Active	0563.752.320
CHICK&CHEEZ● Active	0765.929.618
Clairfield Belgium● Active	0630.733.392
CONSILIO PARTNERS● Active	0891.901.241
EconoDigital● Active	0686.840.766
Econoholding● Active	0644.674.371
Econopolis● Active	0812.046.188
ECONOPOLIS STRATEGY● Active	0812.096.173
Econopolis Wealth Management● Active	0812.127.055
EP Active Partners● Active	0732.923.387
ETION LEDENWERKING VZW● Active	0864.489.041
ETION Synergia● Active	0410.248.038
EXCHANGE● Active	0476.481.222
freestone● Active	0887.436.073
Gilde Equity Management (GEM) Benelux Partners België● Active	0721.844.108

Full financial information

Source · NBB

	2025	2024	2023	2021	2020	2019
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	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/09/2026	15/10/2025	09/12/2024	08/09/2022	01/06/2021	29/07/2020
General meeting	–	–	–	01/01/2001	26/05/2021	27/05/2020
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

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	—	22/09/2026	Dutch	PDF
Abridged model	31/12/2024	—	15/10/2025	Dutch	PDF
Abridged model	31/12/2023	—	09/12/2024	Dutch	PDF
Abridged model	31/12/2021	01/01/2001	08/09/2022	Dutch	PDF
Abridged model	31/12/2020	26/05/2021	01/06/2021	Dutch	PDF
Abridged model	31/12/2019	27/05/2020	29/07/2020	Dutch	PDF
Abridged model	31/12/2018	29/05/2019	18/06/2019	Dutch	PDF
Abridged model	31/12/2017	30/05/2018	23/01/2019	Dutch	PDF
Abridged model	31/12/2016	31/05/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	25/05/2016	06/07/2016	Dutch	PDF
Abridged model	31/12/2014	27/05/2015	25/06/2015	Dutch	PDF
Abridged model	31/12/2013	28/05/2014	03/06/2014	Dutch	PDF
Abridged model	31/12/2012	29/05/2013	05/06/2013	Dutch	PDF
Abridged model	31/12/2011	30/05/2012	25/06/2012	Dutch	PDF
Abridged model	31/12/2010	25/05/2011	13/06/2011	Dutch	PDF
Abridged model	31/12/2009	26/05/2010	14/06/2010	Dutch	PDF
Abridged model	31/12/2008	27/05/2009	09/06/2009	Dutch	PDF
Abridged model	31/12/2007	28/05/2008	29/05/2008	Dutch	PDF
Abridged model	31/12/2006	30/05/2007	28/06/2007	Dutch	PDF
Abridged modelCorrection	31/12/2005	31/05/2006	04/07/2007	Dutch	PDF

Indicative valuation

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

1 active · 21 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Incofin Investment Management0815.870.958Represented by Loic De Cannière	Liquidatorsince 21/12/2016

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Werner Elpers	Director28/05/2014 → 2016 accounts
Eric Delecluyse	Director29/05/2013 → 2016 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates09/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Court decision10/05/2017
RUBRIEK EINDE (STOPZETTING, INTREKKING STOPZETTING, NIETIGHEID, GER. AK., GERECHTELIJKE REORGANISATIE, ENZ...
PDF
Mandates12/09/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/10/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/08/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates19/09/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/07/2012
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

Filings17 filings

Mandates

Incofin Investment Management

Werner Elpers

Eric Delecluyse

Ignace Schatteman

Walter Vandepitte

Jozef Daniels

Wim Poulussen

Isabelle Cardinael

Frans Verheeke

Jan Alexander

Marc De Wilde

Freek Van Loo

Show the 10 other mandates

20042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

IMPULSE MICROFINANCE INVESTMENT FUND

Sneeuwbeslaan 20, 2610 Wilrijk (Antwerp)

Liquidator

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Sneeuwbeslaan 20, 2610 Wilrijk (Antwerp)Current	accounts 2023 → 2025	Accounts 2025 · 2026-00524719

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
IMPULSE MICROFINANCE INVESTMENT FUNDCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00524719

Events

2025
Annual accounts 2025164 k €↓
2024
Annual accounts 2024458,6 k €↑
2023
Annual accounts 2023452,7 k €↑
2020
Annual accounts 2020-36,5 k €↑
2018
Annual accounts 2018-240,1 k €↑
2017
Annual accounts 2017-596,4 k €↓
2016
Annual accounts 2016913,6 k €↑
2015
Annual accounts 2015854,6 k €↓
2014
Annual accounts 20141,6 M €↑
2013
Annual accounts 2013685,5 k €↑
2012
Annual accounts 2012272,6 k €↓
2011
Annual accounts 2011663,1 k €↑
2010
Annual accounts 2010401,1 k €↓
2009
Annual accounts 2009767 k €↑
2008
Annual accounts 2008358 k €↓
2007
Annual accounts 2007441 k €↑
2006
Annual accounts 2006346,6 k €
24/12/2004
IncorporationPublic limited company

IMPULSE MICROFINANCE INVESTMENT FUND

Overview

Identity

Financials

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