ACTIVE

NJR INVEST

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Financial year 2025 · Closed on 31/12/2025

Net result-5 M €+40,6 %over 1 year

Revenue14,5 k €0,0 %over 1 year

Equity490,9 M €-1,0 %over 1 year

Workforce2,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

NJR INVEST is a Public limited company incorporated in 2006. Its main activity is: Other financial service activities, except insurance and pension funding n.e.c.. Its registered office is in Watermael-Boitsfort. It employs on average 2,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0883.386.522
Incorporation: 07/09/2006
Legal form: Public limited company
Registered office: Chaussée de La Hulpe 181 box 10
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital: 389 000 000,00 €
Latest accounts: 31/12/2025
Average workforce: 2,0 ETP

Activities (NACE)

64999Other financial service activities, except insurance and pension funding n.e.c.· main 64999Other financial service activities, except insurance and pension funding n.e.c.66300Fund management activities

Joint committees (1)

Signals

Healthy social debts

Financials

Source · NBB, 30 filings

Trend over 19 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	14,5 k €	0.0%	14,5 k €	0.0%	14,5 k €	-0.0%	14,5 k €	-25.6%	19,5 k €
EBITDA	-1,2 M €	-12.4%	-1 M €	-0.8%	-1 M €	-6.6%	-970,8 k €	-13.7%	-854 k €
Operating result	-1,2 M €	-11.8%	-1,1 M €	-1.1%	-1,1 M €	-6.4%	-1 M €	-8.9%	-942,3 k €
Net result	-5 M €	+40.6%	-8,5 M €	-5.7%	-8 M €	-179%	10,1 M €	+16.6%	8,7 M €
Balance sheet
Equity	490,9 M €	-1.0%	495,9 M €	-1.7%	504,4 M €	-1.6%	512,4 M €	+0.1%	511,9 M €
Total assets	2,6 Md €	+5.6%	2,4 Md €	+10.5%	2,2 Md €	+4.3%	2,1 Md €	-2.8%	2,2 Md €
Cash	6,1 M €	-89.0%	55,9 M €	+414%	10,9 M €	+98.0%	5,5 M €	-96.9%	179,4 M €
Debts	2,1 Md €	+7.4%	1,9 Md €	+14.2%	1,7 Md €	+5.9%	1,6 Md €	-3.8%	1,7 Md €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 22 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gilles Parone	Director24/04/2024 → 15/05/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Agnès Ciron-Cavoizy	Director21/05/2025 → 20/05/2026
Baltasar Gonzalez-Collado	Director27/10/2021 → 15/05/2026
Alain Santmarty	Director08/07/2021 → 15/05/2026

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Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full 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	17/06/2026	28/05/2025	30/05/2024	30/05/2023	17/06/2022	19/05/2021
General meeting	20/05/2026	21/05/2025	15/05/2024	17/05/2023	18/05/2022	05/05/2021
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, 30 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	20/05/2026	17/06/2026	French	PDF
Full model	31/12/2024	21/05/2025	28/05/2025	French	PDF
Consolidated accounts	31/12/2024	27/05/2025	14/07/2025	French	PDF
Full model	31/12/2023	15/05/2024	30/05/2024	French	PDF
Consolidated accounts	31/12/2023	30/05/2024	09/07/2024	French	PDF
Full model	31/12/2022	17/05/2023	30/05/2023	French	PDF
Consolidated accounts	31/12/2022	31/05/2023	18/07/2023	French	PDF
Full model	31/12/2021	18/05/2022	17/06/2022	French	PDF
Consolidated accounts	31/12/2021	31/05/2022	28/07/2022	French	PDF
Full model	31/12/2020	05/05/2021	19/05/2021	French	PDF
Consolidated accounts	31/12/2020	01/01/9999	17/05/2021	French	PDF
Full model	31/12/2019	06/05/2020	25/05/2020	French	PDF
Consolidated accounts	31/12/2019	28/05/2020	25/06/2020	French	PDF
Full model	31/12/2018	02/05/2019	09/05/2019	French	PDF
Consolidated accounts	31/12/2018	01/01/9999	09/05/2019	French	PDF
Full model	31/12/2017	02/05/2018	15/05/2018	French	PDF
Consolidated accounts	31/12/2017	29/05/2018	06/07/2018	French	PDF
Full model	31/12/2016	03/05/2017	23/05/2017	French	PDF
Consolidated accounts	31/12/2016	30/05/2017	05/07/2017	French	PDF
Full model	31/12/2015	04/05/2016	30/06/2016	French	PDF
Consolidated accounts	31/12/2015	26/05/2016	12/07/2016	French	PDF
Full model	31/12/2014	06/05/2015	26/06/2015	French	PDF
Consolidated accounts	31/12/2014	27/05/2015	15/03/2016	French	PDF
Full model	31/12/2013	07/05/2014	11/06/2014	French	PDF
Full model	31/12/2012	02/05/2013	23/05/2013	French	PDF
Full model	31/12/2011	02/05/2012	14/05/2012	French	PDF
Full model	31/12/2010	04/05/2011	20/05/2011	French	PDF
Full model	31/12/2009	05/05/2010	19/05/2010	French	PDF
Full model	31/12/2008	06/05/2009	29/05/2009	French	PDF
Full model	31/12/2007	07/05/2008	02/06/2008	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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

1 active · 22 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Gilles Parone	Director24/04/2024 → 15/05/2029

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Agnès Ciron-Cavoizy	Director21/05/2025 → 20/05/2026
Baltasar Gonzalez-Collado	Director27/10/2021 → 15/05/2026
Alain Santmarty	Director08/07/2021 → 15/05/2026

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/07/2026
Démission - Nomination - Renouvellement de mandat
PDF
Mandates07/07/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates04/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates17/01/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates18/07/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates26/01/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates23/09/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates02/06/2021
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

Filings19 filings

Mandates

Gilles Parone

Agnès Ciron-Cavoizy

Baltasar Gonzalez-Collado

Alain Santmarty

Olivier Fouchet

Rémi Chataignier

Olivier Lendrevie

Patrick Vercauteren Drubbel

Steve Gentili

IRR INVEST

Bruno de Walque

Xavier Brisset

and 11 more mandates

200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029

NJR INVEST

Chaussée de La Hulpe 181 bte 10, 1170 Watermael-Boitsfort

Director

Managing director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Chaussée de La Hulpe 181 bte 10, 1170 Watermael-BoitsfortCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00166867

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
NJR INVESTCurrent	accounts 2007 → 2025	Accounts 2025 · 2026-00166867

Events

2025
Annual accounts 2025-5 M €↑
21/05/2025
nominationWilliam Rutten · représentant permanent (commissaire)
21/05/2025
nominationAgnès CIRON-CAVOIZY · administrateur
2024
Annual accounts 2024-8,5 M €↓
15/05/2024
nominationGilles Parone · administrateur
2023
Annual accounts 2023-8 M €↓
2022
Annual accounts 202210,1 M €↑
01/09/2022
nominationWilliam Rutten · commissaire
18/05/2022
nominationBaltasar Gonzalez-Collado · administrateur
18/05/2022
nominationGaëtan Roy · commissaire
2021
Annual accounts 20218,7 M €↓
2020
Annual accounts 20208,7 M €↑
2019
Annual accounts 20198,4 M €↓
2018
Annual accounts 20189,2 M €↑
2017
Annual accounts 20177,2 M €↓
2016
Annual accounts 20169,7 M €↓
2015
Annual accounts 201510 M €↓
2014
Annual accounts 201411,2 M €↓
2013
Annual accounts 201311,9 M €↓
2012
Annual accounts 201213,7 M €↓
2011
Annual accounts 201122,3 M €↑
2010
Annual accounts 201013,6 M €↓
2009
Annual accounts 200917,7 M €↓
2008
Annual accounts 200823 M €↑
2007
Annual accounts 200710,6 M €
07/09/2006
IncorporationPublic limited company

NJR INVEST

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