ACTIVE

VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK

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Financial year 2025 · Closed on 31/12/2025

Net result639,9 k €+124,5 %over 1 year

Revenue88,2 M €-7,0 %over 1 year

Equity88,8 M €+32,2 %over 1 year

Workforce969,8 ETP+6,8 %over 1 year

Identity

Source · BCE/KBO

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

Financials

Source · NBB, 38 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
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 €
EBITDA	5,6 M €	+260%	1,6 M €	+204%	-1,5 M €	-134%	4,4 M €	+474%	-1,2 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 €
Net result	639,9 k €	+125%	-2,6 M €	+77.0%	-11,3 M €	-745%	1,8 M €	+98.1%	888,4 k €
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 €
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 €
Cash	8,4 M €	-16.5%	10 M €	-70.6%	34,1 M €	+60.0%	21,3 M €	-19.9%	26,6 M €
Debts	151,5 M €	+36.4%	111 M €	-4.2%	115,9 M €	+52.0%	76,2 M €	+21.4%	62,8 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

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

12 active · 29 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bob VAN DEN BROECK	Director28/11/2025 → 14/10/2028Government commissioner14/02/2020 → 29/04/2022ended
Danielle VERMAELEN	Director04/09/2023 → 14/10/2028
Robert MALINA	Director04/09/2023 → 14/10/2028
Jan DELCOUR	Director16/12/2022 → 30/05/2028
Christiane MALCORPS	Director14/10/2022 → 30/05/2028
Francis DE MEYERE	Director14/10/2022 → 30/05/2028
Isabel VAN DRIESSCHE	Director20/03/2017 → 30/05/2028
Eric VERMEYLEN	Director26/04/2016 → 30/05/2028
Ingrid VANDENBERGHE	Chairman of the board of directors26/04/2016 → 30/05/2028
Michel MEEUS	Director01/06/2007 → 30/05/2028
Participatiemaatschappij Vlaanderen0455.777.660Represented by Elke VAN DE WALLE	Director01/04/2010 → 30/05/2028
Wim VANDEN ABBEELE	Director26/04/2016 → 30/05/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dirk FRANSAER	Managing director26/04/2022 → 31/08/2023
Katrien BONNEUX	Director26/04/2022 → 30/05/2028
Renate HUFKENS	Director28/04/2020 → 26/04/2022

Other companies at this address

Boeretang 200 2400 Mol

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

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	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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 38 filings

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
Consolidated accounts	31/12/2014	01/01/9999	22/06/2015	Dutch	PDF
Full model	31/12/2013	29/04/2014	08/05/2014	Dutch	PDF
Consolidated accountsCorrection	31/12/2013	13/10/2014	15/10/2014	Dutch	PDF
Consolidated accounts	31/12/2013	01/01/9999	24/06/2014	Dutch	PDF
Full model	31/12/2012	30/04/2013	16/05/2013	Dutch	PDF
Consolidated accountsCorrection	31/12/2012	26/09/2013	26/09/2013	Dutch	PDF
Consolidated accounts	31/12/2012	01/01/9999	19/08/2013	Dutch	PDF
Full model	31/12/2011	24/04/2012	05/06/2012	Dutch	PDF
Consolidated accounts	31/12/2011	28/06/2012	29/06/2012	Dutch	PDF
Full model	31/12/2010	26/04/2011	14/06/2011	Dutch	PDF
Full model	31/12/2009	27/04/2010	26/05/2010	Dutch	PDF
Full model	31/12/2008	29/06/2009	30/06/2009	Dutch	PDF
Full model	31/12/2007	29/04/2008	21/05/2008	Dutch	PDF
Full model	31/12/2006	24/04/2007	16/05/2007	Dutch	PDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

12 active · 29 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bob VAN DEN BROECK	Director28/11/2025 → 14/10/2028Government commissioner14/02/2020 → 29/04/2022ended
Danielle VERMAELEN	Director04/09/2023 → 14/10/2028
Robert MALINA	Director04/09/2023 → 14/10/2028
Jan DELCOUR	Director16/12/2022 → 30/05/2028
Christiane MALCORPS	Director14/10/2022 → 30/05/2028
Francis DE MEYERE	Director14/10/2022 → 30/05/2028
Isabel VAN DRIESSCHE	Director20/03/2017 → 30/05/2028
Eric VERMEYLEN	Director26/04/2016 → 30/05/2028
Ingrid VANDENBERGHE	Chairman of the board of directors26/04/2016 → 30/05/2028
Michel MEEUS	Director01/06/2007 → 30/05/2028
Participatiemaatschappij Vlaanderen0455.777.660Represented by Elke VAN DE WALLE	Director01/04/2010 → 30/05/2028
Wim VANDEN ABBEELE	Director26/04/2016 → 30/05/2028

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Dirk FRANSAER	Managing director26/04/2022 → 31/08/2023
Katrien BONNEUX	Director26/04/2022 → 30/05/2028
Renate HUFKENS	Director28/04/2020 → 26/04/2022

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

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

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

Filings20 filings

Mandates

Bob VAN DEN BROECK

Robert MALINA

Danielle VERMAELEN

Jan DELCOUR

Christiane MALCORPS

Francis DE MEYERE

Isabel VAN DRIESSCHE

Participatiemaatschappij Vlaanderen

Wim VANDEN ABBEELE

Michel MEEUS

Eric VERMEYLEN

Ingrid VANDENBERGHE

and 29 more mandates

19911992199319941995199619971998199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028

VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEKVLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK

Boeretang 200, 2400 Mol

DirectorGovernment commissioner

Director

Chairman of the board of directors

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Boeretang 200, 2400 MolCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00147922

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEKCurrent		CBE
VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK	accounts 2025	Accounts 2025 · 2026-00165738
VITO NV	accounts 2025	Accounts 2025 · 2026-00147922
VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK	accounts 2023 → 2024	Accounts 2024 · 2025-00129741
VITO NV	accounts 2024	Accounts 2024 · 2025-00128770
VITO NV	accounts 2023	Accounts 2023 · 2024-00125436
VITO NV	accounts 2022	Accounts 2022 · 2023-00094004
VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK	accounts 2022	Accounts 2022 · 2024-00010282
VITO NV	accounts 2021	Accounts 2021 · 2022-20045296
VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK	accounts 2021	Accounts 2021 · 2022-20140018
VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK	accounts 2017 → 2019	Accounts 2019 · 2020-12900273

Events

2025
Annual accounts 2025639,9 k €↑
2025
Name changeVITO NV
2025
Name changeVLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK
28/11/2025
nominationBob Van den Broeck-Wyckmans · lid van de raad van bestuur
2024
Annual accounts 2024-2,6 M €↑
2024
Name changeVITO NV
28/05/2024
nominationRSM InterAudit BV · commissaris
2023
Annual accounts 2023-11,3 M €↓
2023
Name changeVITO NV
2023
Name changeVLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK
24/05/2023
nominationInge Neven · bijzonder volmachthouder (dagelijks bestuur)
2022
Annual accounts 20221,8 M €↑
2022
Name changeVLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK
2022
Name changeVITO NV
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 changeVLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK
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 €↑
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

VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK

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