ACTIVE

VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

639,9 k €

+124.5% YoY

Revenue

88,2 M €

-7.0% YoY

Equity

88,8 M €

+32.2% YoY

Workforce

969,8 ETP

+6.8% YoY

What does VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK do?

VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK is a Public limited company incorporated in 1991. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Mol. It employs on average 969,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0244.195.916

Incorporation

16/05/1991

Legal form

Public limited company

Registered office

Boeretang 200
2400 Mol · FlandreSee on map

Contributed capital

40 300 000,00 €

Latest accounts

31/12/2025

Average workforce

969,8 ETP

Activities (NACE)

72109Research and experimental development on natural sciences and engineering· main 72190Other research and experimental development on natural sciences and engineering 73100Advertising 72200Research and experimental development on social sciences and humanities

Joint committees (1)

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	88,2 M €	-7.0%	94,9 M €	+36.7%	69,4 M €	-6.7%	74,4 M €	+15.4%	64,5 M €	+16.2%	55,5 M €	-5.7%	58,8 M €	+15.5%	50,9 M €	+12.4%	45,3 M €	-6.5%	48,5 M €	-1.0%	48,9 M €	+19.1%	41,1 M €	+4.3%	39,4 M €	-6.0%	41,9 M €	+16.5%	36 M €	+8.6%	33,1 M €	+13.1%	29,3 M €	+11.9%	26,1 M €	-1.3%	26,5 M €	+24.2%	21,3 M €
EBITDA	5,6 M €	+260%	1,6 M €	+204%	-1,5 M €	-134%	4,4 M €	+474%	-1,2 M €	-558%	256,9 k €	+102%	-13,4 M €	-127%	49,3 M €	+356%	10,8 M €	+118%	5 M €	-53.7%	10,7 M €	+315%	2,6 M €	-10.8%	2,9 M €	-30.9%	4,2 M €	+43.5%	2,9 M €	-52.9%	6,2 M €	+132%	2,7 M €	+114%	1,2 M €	+91.4%	652,1 k €	-79.0%	3,1 M €
Operating result	-91,7 M €	+5.8%	-97,3 M €	+4.9%	-102,3 M €	-31.0%	-78,1 M €	+2.1%	-79,8 M €	-10.2%	-72,4 M €	+7.7%	-78,5 M €	-1280%	-5,7 M €	+87.4%	-45,2 M €	+26.3%	-61,3 M €	-137%	-25,9 M €	+24.5%	-34,3 M €	-1.3%	-33,9 M €	-50.7%	-22,5 M €	-68.1%	-13,4 M €	-2241%	624,7 k €	+126%	-2,4 M €	+35.2%	-3,7 M €	+20.0%	-4,6 M €	-153%	-1,8 M €
Net result	639,9 k €	+125%	-2,6 M €	+77.0%	-11,3 M €	-745%	1,8 M €	+98.1%	888,4 k €	-70.1%	3 M €	+281%	-1,6 M €	-234%	1,2 M €	-90.5%	12,9 M €	+171%	4,8 M €	+288%	1,2 M €	+34.9%	910,2 k €	+998%	82,9 k €	-95.8%	2 M €	+280%	-1,1 M €	-123%	4,7 M €	+113%	2,2 M €	+86.5%	1,2 M €	+118%	539,9 k €	-82.0%	3 M €
Balance sheet
Equity	88,8 M €	+32.2%	67,1 M €	-2.3%	68,7 M €	-14.2%	80,1 M €	-0.4%	80,4 M €	-5.1%	84,7 M €	+3.1%	82,2 M €	-1.0%	83 M €	+2.8%	80,7 M €	+4.2%	77,5 M €	-12.7%	88,7 M €	-1.6%	90,1 M €	-0.6%	90,6 M €	+0.4%	90,3 M €	+18.8%	76 M €	+28.2%	59,3 M €	+28.6%	46,1 M €	+6.3%	43,4 M €	+2.3%	42,4 M €	+1.3%	41,8 M €
Total assets	256,2 M €	+34.3%	190,8 M €	-4.8%	200,5 M €	+22.8%	163,2 M €	+7.6%	151,7 M €	-3.1%	156,5 M €	-10.2%	174,3 M €	+26.2%	138,1 M €	-0.2%	138,4 M €	+7.6%	128,6 M €	-9.8%	142,6 M €	-7.1%	153,4 M €	+9.7%	139,9 M €	+1.1%	138,4 M €	+19.1%	116,3 M €	+19.9%	96,9 M €	+22.1%	79,4 M €	+9.9%	72,3 M €	+8.3%	66,7 M €	+3.3%	64,6 M €
Cash	8,4 M €	-16.5%	10 M €	-70.6%	34,1 M €	+60.0%	21,3 M €	-19.9%	26,6 M €	+193%	9,1 M €	+13.8%	8 M €	-45.4%	14,6 M €	+196%	4,9 M €	-14.2%	5,7 M €	+53.0%	3,8 M €	-57.3%	8,8 M €	+423%	1,7 M €	-91.1%	18,9 M €	+213%	6 M €	+95.2%	3,1 M €	+11.1%	2,8 M €	+6814%	40,2 k €	-99.1%	4,6 M €	+25.0%	3,7 M €
Debts	151,5 M €	+36.4%	111 M €	-4.2%	115,9 M €	+52.0%	76,2 M €	+21.4%	62,8 M €	-0.5%	63,1 M €	-29.1%	89 M €	+70.1%	52,3 M €	+2.3%	51,2 M €	+15.5%	44,3 M €	-9.6%	49 M €	-6.5%	52,4 M €	+44.1%	36,4 M €	+6.0%	34,3 M €	+3.9%	33 M €	+19.7%	27,6 M €	+3.4%	26,7 M €	+9.6%	24,3 M €	+9.3%	22,3 M €	+4.0%	21,4 M €
Other
Workforce	969,8 ETP	+6.8%	908,2 ETP	+11.4%	815,0 ETP	+8.7%	749,7 ETP	+3.7%	722,7 ETP	+4.5%	691,7 ETP	+3.9%	665,5 ETP	+7.4%	619,9 ETP	+4.1%	595,7 ETP	+1.8%	584,9 ETP	+3.0%	567,7 ETP	-3.2%	586,6 ETP	-0.4%	589,2 ETP	-0.2%	590,5 ETP	+6.2%	555,8 ETP	+2.7%	541,2 ETP	+5.1%	514,7 ETP	+11.2%	462,7 ETP	+3.1%	448,8 ETP	+3.7%	432,7 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 12 active · 100 ended

Active mandates

Bob VAN DEN BROECK

Director · since 28 novembre 2025 · until 14 octobre 2028

Active

Danielle VERMAELEN

Director · since 04 septembre 2023 · until 14 octobre 2028

Active

Robert MALINA

Director · since 04 septembre 2023 · until 14 octobre 2028

Active

Jan DELCOUR

Director · since 16 décembre 2022 · until 30 mai 2028

Active

Christiane MALCORPS

Director · since 14 octobre 2022 · until 30 mai 2028

Active

Francis DE MEYERE

Director · since 14 octobre 2022 · until 30 mai 2028

Active

Isabel VAN DRIESSCHE

Director · since 14 octobre 2022 · until 30 mai 2028

Active

Eric VERMEYLEN

Director · since 26 avril 2022 · until 30 mai 2028

Active

Ingrid VANDENBERGHE

Chairman of the board of directors · since 26 avril 2022 · until 30 mai 2028

Active

Michel MEEUS

Director · since 26 avril 2022 · until 30 mai 2028

Active

Participatiemaatschappij Vlaanderen

Director · since 26 avril 2022 · until 30 mai 2028 · 0455.777.660

Represented by Elke VAN DE WALLE

Active

Wim VANDEN ABBEELE

Director · since 26 avril 2022 · until 30 mai 2028

Active

Ended mandates

Jan DELCOUR

Director · since 11 janvier 2023 · until 25 avril 2028

Ended

Christiane MALCORPS

Director · since 14 octobre 2022 · until 25 avril 2028

Ended

Francis DE MEYERE

Director · since 14 octobre 2022 · until 25 avril 2028

Ended

Isabel VAN DRIESSCHE

Director · since 14 octobre 2022 · until 25 avril 2028

Ended

At this address

Other companies at this address

Company	CBE no.
BELGIAN ENERGY RESEARCH ALLIANCE● Active	0844.441.220
Clean Vision Invest● Active	0778.490.029
Site-Ontwikkeling Vlaanderen● Active	0473.563.304

Annual accounts

Full financial information

	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	08/06/2026	06/06/2025	04/06/2024	25/05/2023	20/05/2022	12/05/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	25/04/2023	26/04/2022	27/04/2021
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

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

38 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/05/2026	08/06/2026	Dutch	PDF
Consolidated accounts	31/12/2025	26/05/2026	16/06/2026	Dutch	PDF
Full model	31/12/2024	27/05/2025	06/06/2025	Dutch	PDF
Consolidated accounts	31/12/2024	27/05/2025	06/06/2025	Dutch	PDF
Full model	31/12/2023	28/05/2024	04/06/2024	Dutch	PDF
Consolidated accounts	31/12/2023	28/05/2024	04/06/2024	Dutch	PDF
Full model	31/12/2022	25/04/2023	25/05/2023	Dutch	PDF
Consolidated accounts	31/12/2022	25/04/2023	24/01/2024	Dutch	PDF
Full model	31/12/2021	26/04/2022	20/05/2022	Dutch	PDF
Consolidated accounts	31/12/2021	24/06/2022	29/06/2022	Dutch	PDF
Full model	31/12/2020	27/04/2021	12/05/2021	Dutch	PDF
Consolidated accounts	31/12/2020	27/04/2021	06/05/2021	Dutch	PDF
Full model	31/12/2019	28/04/2020	18/05/2020	Dutch	PDF
Consolidated accounts	31/12/2019	28/04/2020	18/05/2020	Dutch	PDF
Full model	31/12/2018	30/04/2019	14/05/2019	Dutch	PDF
Consolidated accounts	31/12/2018	30/04/2019	15/05/2019	Dutch	PDF
Full model	31/12/2017	24/04/2018	26/04/2018	Dutch	PDF
Consolidated accounts	31/12/2017	28/06/2018	31/07/2018	Dutch	PDF
Full model	31/12/2016	25/04/2017	04/05/2017	Dutch	PDF
Consolidated accounts	31/12/2016	28/06/2017	17/08/2017	Dutch	PDF
Full model	31/12/2015	26/04/2016	27/04/2016	Dutch	PDF
Consolidated accounts	31/12/2015	28/06/2016	04/07/2016	Dutch	PDF
Full model	31/12/2014	28/04/2015	19/05/2015	Dutch	PDF
Consolidated accountsCorrection	31/12/2014	29/09/2015	30/09/2015	Dutch	PDF

View all 38 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 · 12 active · 100 ended

Active mandates

Bob VAN DEN BROECK

Director · since 28 novembre 2025 · until 14 octobre 2028

Active

Danielle VERMAELEN

Director · since 04 septembre 2023 · until 14 octobre 2028

Active

Robert MALINA

Director · since 04 septembre 2023 · until 14 octobre 2028

Active

Jan DELCOUR

Director · since 16 décembre 2022 · until 30 mai 2028

Active

Christiane MALCORPS

Director · since 14 octobre 2022 · until 30 mai 2028

Active

Francis DE MEYERE

Director · since 14 octobre 2022 · until 30 mai 2028

Active

Isabel VAN DRIESSCHE

Director · since 14 octobre 2022 · until 30 mai 2028

Active

Eric VERMEYLEN

Director · since 26 avril 2022 · until 30 mai 2028

Active

Ingrid VANDENBERGHE

Chairman of the board of directors · since 26 avril 2022 · until 30 mai 2028

Active

Michel MEEUS

Director · since 26 avril 2022 · until 30 mai 2028

Active

Participatiemaatschappij Vlaanderen

Director · since 26 avril 2022 · until 30 mai 2028 · 0455.777.660

Represented by Elke VAN DE WALLE

Active

Wim VANDEN ABBEELE

Director · since 26 avril 2022 · until 30 mai 2028

Active

Ended mandates

Jan DELCOUR

Director · since 11 janvier 2023 · until 25 avril 2028

Ended

Christiane MALCORPS

Director · since 14 octobre 2022 · until 25 avril 2028

Ended

Francis DE MEYERE

Director · since 14 octobre 2022 · until 25 avril 2028

Ended

Isabel VAN DRIESSCHE

Director · since 14 octobre 2022 · until 25 avril 2028

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring22/05/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates11/02/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/05/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates06/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other05/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

2025
Annual accounts 2025639,9 k €↑
28/11/2025
nominationBob Van den Broeck-Wyckmans — lid van de raad van bestuur
2024
Annual accounts 2024-2,6 M €↑
28/05/2024
nominationRSM InterAudit BV — commissaris
2023
Annual accounts 2023-11,3 M €↓
24/05/2023
nominationInge Neven — bijzonder volmachthouder (dagelijks bestuur)
2022
Annual accounts 20221,8 M €↑
16/12/2022
nominationJan Delcour — bestuurder
14/10/2022
nominationFrancis De Meyere — onafhankelijke bestuurder
14/10/2022
nominationChristiane Malcorps — onafhankelijke bestuurder
14/10/2022
nominationIsabel Van Driessche — onafhankelijke bestuurder
26/04/2022
nominationIngrid Vanden Berghe — bestuurder
26/04/2022
nominationMichel Meeus — bestuurder
26/04/2022
nominationEric Vermeylen — bestuurder
26/04/2022
nominationWim Van den Abbeele — bestuurder
26/04/2022
nominationKatrien Bonneux — bestuurder
26/04/2022
nominationKurt Deketelaere — bestuurder
26/04/2022
nominationDirk Fransaer — bestuurder
2021
Annual accounts 2021888,4 k €↓
2021
Name changeVITO NV
2020
Annual accounts 20203 M €↑
2019
Annual accounts 2019-1,6 M €↓
2018
Annual accounts 20181,2 M €↓
2017
Annual accounts 201712,9 M €↑
2017
Name changeVLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK
2016
Annual accounts 20164,8 M €↑
2015
Annual accounts 20151,2 M €↑
2014
Annual accounts 2014910,2 k €↑
2013
Annual accounts 201382,9 k €↓
2012
Annual accounts 20122 M €↑
2011
Annual accounts 2011-1,1 M €↓
2010
Annual accounts 20104,7 M €↑
2009
Annual accounts 20092,2 M €↑
2008
Annual accounts 20081,2 M €↑
2007
Annual accounts 2007539,9 k €↓
2006
Annual accounts 20063 M €
16/05/1991
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK

Overview

What does VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK do?

Trend over 20 financial years

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