ACTIVE

Vlerick Business School

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Financial year 2025 · Closed on 31/12/2025

Net result-1,5 M €+47,4 %over 1 year
Revenue37,4 M €-1,3 %over 1 year
Equity49,5 M €-3,0 %over 1 year
Workforce164,4 ETP-8,1 %over 1 year

Identity

Source · BCE/KBO

Vlerick Business School is a Public utility foundation incorporated in 1983. Its main activity is: Security and investigation activities. Its registered office is in Gent. It employs on average 164,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0424.244.049
Incorporation
31/03/1983
Legal form
Public utility foundation
Registered office
Reep 1
9000 Gent · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
164,4 ETP
Joint committees (2)
  • 200
  • 335
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 11 filings

Trend over 11 financial years

20252024202320222021
Income statement
Revenue37,4 M €37,9 M €37,5 M €36,6 M €30,3 M €
EBITDA1,1 M €-157,9 k €563,5 k €3,8 M €4,2 M €
Operating result-1,3 M €-2,7 M €-1,8 M €1,4 M €1,8 M €
Net result-1,5 M €-2,9 M €-2 M €1,1 M €1,5 M €
Balance sheet
Equity49,5 M €51 M €53,9 M €55,9 M €54,8 M €
Total assets77,2 M €78,4 M €78,2 M €80,3 M €84,4 M €
Cash1,5 M €1,7 M €2,5 M €4,4 M €8,6 M €
Debts13,2 M €11,8 M €9,8 M €9,8 M €13,4 M €
Other
Workforce164,4 ETP178,8 ETP178,6 ETP163,6 ETP154,2 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

25 active · 79 ended

Active mandates

Dirk Buyens

Director · since 14 octobre 2025

Active
Petra De Sutter

Director · since 01 octobre 2025

Active
Severine Vermeire

Director · since 01 août 2025

Active
Frank Vlayen

Director · since 27 mai 2025 · until 24 mai 2028

Active
Louis Jonckheere

Chairman of the board of directors · since 27 mai 2025 · until 24 mai 2028

Active
Rudy Provoost

Vice-chairman of the board of directors · since 27 mai 2025 · until 24 mai 2028

Active
Sofie Baeten

Director · since 27 mai 2025 · until 24 mai 2028

Active
Wim Desmet

Director · since 24 mai 2022

Active
Joëlle Huijnen

Director · since 19 mai 2020 · until 27 mai 2026

Active
Kristine de Valck

Director · since 19 mai 2020 · until 27 mai 2026

Active
Michèle Sioen

Director · since 19 mai 2020 · until 27 mai 2025

Active
Sophie Manigart

Director · since 22 octobre 2018

Active
Frans Muller

Chairman of the board of directors · since 24 octobre 2017 · until 27 mai 2025

Active
Louis Jonckheere

Vice-chairman of the board of directors · since 24 octobre 2017 · until 27 mai 2025

Active
Luc Sels

Director · since 24 octobre 2017 · until 31 juillet 2025

Active
Rik Van de Walle

Director · since 24 octobre 2017 · until 30 septembre 2025

Active
Filip Abraham

Director · since 16 octobre 2015 · until 13 octobre 2025

Active
Ignace Lemahieu

Director · since 16 octobre 2015

Active
Julio Urgel

Director · since 16 octobre 2015 · until 27 mai 2026

Active
Yao Yang

Director · since 16 octobre 2015 · until 27 mai 2025

Active
Marion Debruyne

Director · since 16 octobre 2014

Active
Jean-Luc Deleersnyder

Director · since 01 septembre 2009 · until 27 mai 2026

Active
Rudy Provoost

Director · since 01 septembre 2009 · until 27 mai 2025

Active
Patrick De Greve

Director · since 12 novembre 2003

Active
Philippe Vlerick

Director · since 29 mai 2002

Active

Ended mandates

Wim Desmet

Director · since 24 mai 2022 · until 23 mai 2023

Ended
Joëlle Huijnen

Director · since 19 mai 2020 · until 23 mai 2023

Ended
Joëlle Huijnen

Director · since 19 mai 2020

Ended
Kristine de Valck

Director · since 19 mai 2020 · until 23 mai 2023

Ended

Other companies at this address

Reep 1 9000 Gent
CompanyCBE no.
PUB/MGM Alumni vzw● Active
0886.369.568
Vlerick Finance Alumni VZW● Active
0873.363.947
Vlerick Grand Ball● Active
0721.506.487
Vlerick Marketing Alumni● Active
0442.965.940
VLERICK RESEARCH● Active
0475.850.920

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date02/06/202628/05/202511/06/202402/06/202331/05/202211/06/2021
General meeting27/05/202627/05/202529/05/202419/05/202324/05/202227/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 11 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202527/05/202602/06/2026DutchPDF
Full model31/12/202427/05/202528/05/2025DutchPDF
Full model31/12/202329/05/202411/06/2024DutchPDF
Full model31/12/202219/05/202302/06/2023DutchPDF
Full model31/12/202124/05/202231/05/2022DutchPDF
Full model31/12/202027/05/202111/06/2021DutchPDF
Full model31/12/201919/05/202011/06/2020DutchPDF
Full model31/12/201825/04/201913/06/2019DutchPDF
Full model31/12/201723/04/201807/06/2018DutchPDF
Full model31/12/201609/05/201712/06/2017DutchPDF
Full model31/12/201525/05/201628/06/2016DutchPDF

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

25 active · 79 ended

Active mandates

Dirk Buyens

Director · since 14 octobre 2025

Active
Petra De Sutter

Director · since 01 octobre 2025

Active
Severine Vermeire

Director · since 01 août 2025

Active
Frank Vlayen

Director · since 27 mai 2025 · until 24 mai 2028

Active
Louis Jonckheere

Chairman of the board of directors · since 27 mai 2025 · until 24 mai 2028

Active
Rudy Provoost

Vice-chairman of the board of directors · since 27 mai 2025 · until 24 mai 2028

Active
Sofie Baeten

Director · since 27 mai 2025 · until 24 mai 2028

Active
Wim Desmet

Director · since 24 mai 2022

Active
Joëlle Huijnen

Director · since 19 mai 2020 · until 27 mai 2026

Active
Kristine de Valck

Director · since 19 mai 2020 · until 27 mai 2026

Active
Michèle Sioen

Director · since 19 mai 2020 · until 27 mai 2025

Active
Sophie Manigart

Director · since 22 octobre 2018

Active
Frans Muller

Chairman of the board of directors · since 24 octobre 2017 · until 27 mai 2025

Active
Louis Jonckheere

Vice-chairman of the board of directors · since 24 octobre 2017 · until 27 mai 2025

Active
Luc Sels

Director · since 24 octobre 2017 · until 31 juillet 2025

Active
Rik Van de Walle

Director · since 24 octobre 2017 · until 30 septembre 2025

Active
Filip Abraham

Director · since 16 octobre 2015 · until 13 octobre 2025

Active
Ignace Lemahieu

Director · since 16 octobre 2015

Active
Julio Urgel

Director · since 16 octobre 2015 · until 27 mai 2026

Active
Yao Yang

Director · since 16 octobre 2015 · until 27 mai 2025

Active
Marion Debruyne

Director · since 16 octobre 2014

Active
Jean-Luc Deleersnyder

Director · since 01 septembre 2009 · until 27 mai 2026

Active
Rudy Provoost

Director · since 01 septembre 2009 · until 27 mai 2025

Active
Patrick De Greve

Director · since 12 novembre 2003

Active
Philippe Vlerick

Director · since 29 mai 2002

Active

Ended mandates

Wim Desmet

Director · since 24 mai 2022 · until 23 mai 2023

Ended
Joëlle Huijnen

Director · since 19 mai 2020 · until 23 mai 2023

Ended
Joëlle Huijnen

Director · since 19 mai 2020

Ended
Kristine de Valck

Director · since 19 mai 2020 · until 23 mai 2023

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates04/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 27/05/2026
    nominationMarion Debruyne — bestuurder
  2. 27/05/2026
    nominationPatrick De Greve — bestuurder
  3. 27/05/2026
    nominationPetra De Sutter — bestuurder
  4. 27/05/2026
    nominationSeverine Vermeire — bestuurder
  5. 27/05/2026
    nominationIgnace Lemahieu — bestuurder
  6. 27/05/2026
    nominationWim Desmet — bestuurder
  7. 27/05/2026
    nominationDirk Buyens — bestuurder
  8. 27/05/2026
    nominationSophie Manigart — bestuurder
  9. 27/05/2026
    nominationPhilippe Vlerick — bestuurder
  10. 27/05/2026
    reconductionJean-Luc Deleersnyder — bestuurder
  11. 27/05/2026
    reconductionRudy Provoost — bestuurder
  12. 27/05/2026
    reconductionJulio Ursel Varela — bestuurder
  13. 27/05/2026
    reconductionKristine De Valck — bestuurder
  14. 27/05/2026
    reconductionJoëlle Huijnen — bestuurder
  15. 27/05/2026
    reconductionLouis Jonckheere — bestuurder
  16. 27/05/2026
    nominationHendrik Isebaert — bestuurder
  17. 27/05/2026
    reconductionRudy Provoost — vice-voorzitter van het Bestuursorgaan
  18. 2025
    Annual accounts 2025-1,5 M €↑
  19. 14/10/2025
    nominationDirk Buyens — bestuurder
  20. 01/10/2025
    nominationPetra De Sutter — bestuurder
  21. 01/08/2025
    nominationSeverine Vermeire — bestuurder
  22. 27/05/2025
    reconductionJean-Luc Deleersnyder — lid van het Bestuursorgaan
  23. 27/05/2025
    reconductionRudy Provoost — lid van het Bestuursorgaan
  24. 27/05/2025
    nominationSofie Baeten — lid van het Bestuursorgaan
  25. 27/05/2025
    nominationFrank Vlayen — lid van het Bestuursorgaan
  26. 27/05/2025
    nominationLouis Jonckheere — voorzitter van het Bestuursorgaan
  27. 27/05/2025
    nominationRudy Provoost — vice-voorzitter van het Bestuursorgaan
  28. 27/05/2025
    reconductionJoëlle Huijen — lid van het Auditcomité
  29. 2024
    Annual accounts 2024-2,9 M €↓
  30. 29/05/2024
    reconductionJean-Luc Deleersnyder — bestuurder
  31. 29/05/2024
    reconductionRudy Provoost — bestuurder
  32. 29/05/2024
    reconductionLouis Jonckheere — Ondervoorzitter van het Bestuursorgaan
  33. 29/05/2024
    reconductionJoëlle Huijnen — lid van het Auditcomité
  34. 29/05/2024
    reconductionEY Bedrijfsrevisoren BV — commissaris
  35. 2023
    Annual accounts 2023-2 M €↓
  36. 25/05/2023
    nominationMarion Debruyne — Raad van Bestuur (als Decaan van de School)
  37. 25/05/2023
    nominationPatrick De Greve — Raad van Bestuur (als Algemeen Directeur van de School)
  38. 25/05/2023
    nominationRik Van de Walle — Raad van Bestuur (als Rector van de Universiteit Gent)
  39. 25/05/2023
    nominationLuc Sels — Raad van Bestuur (als Rector van de KU Leuven)
  40. 25/05/2023
    nominationIgnace Lemahieu — Raad van Bestuur (als vertegenwoordiger van Universiteit Gent)
  41. 25/05/2023
    nominationWim Desmet — Raad van Bestuur (als vertegenwoordiger van KU Leuven)
  42. 25/05/2023
    nominationFilip Abraham — Raad van Bestuur (als vertegenwoordiger van Vlerick Partner)
  43. 25/05/2023
    nominationSophie Manigart — Raad van Bestuur (als vertegenwoordiger van Vlerick Partner)
  44. 25/05/2023
    nominationPhilippe Vlerick — Raad van Bestuur (als voorzitter van de Vlerick Foundation)
  45. 25/05/2023
    reconductionJean-Luc Deleersnyder — Raad van Bestuur
  46. 25/05/2023
    reconductionRudy Provoost — Raad van Bestuur
  47. 25/05/2023
    reconductionFrans Muller — Voorzitter Vlerick Business School / Raad van Bestuur
  48. 25/05/2023
    reconductionLouis Jonckheere — Ondervoorzitter Vlerick Business School / Raad van Bestuur
  49. 25/05/2023
    reconductionKristine De Valck — Raad van Bestuur
  50. 25/05/2023
    reconductionJoëlle Huijnen — Raad van Bestuur
  51. 25/05/2023
    reconductionMichèle Sioen — Raad van Bestuur
  52. 25/05/2023
    reconductionJulio Urgel Varela — Raad van Bestuur
  53. 25/05/2023
    reconductionYang Yao — Raad van Bestuur
  54. 2022
    Annual accounts 20221,1 M €↓
  55. 24/05/2022
    nominationWim Desmet — bestuurder
  56. 24/05/2022
    reconductionRudy Provoost — bestuurder
  57. 2021
    Annual accounts 20211,5 M €↑
  58. 2020
    Annual accounts 2020914,4 k €↓
  59. 2019
    Annual accounts 20191,3 M €↓
  60. 2018
    Annual accounts 20182,4 M €↑
  61. 2017
    Annual accounts 2017440,4 k €↓
  62. 2016
    Annual accounts 20161,2 M €↑
  63. 2015
    Annual accounts 2015-170,4 k €
  64. 31/03/1983
    IncorporationPublic utility foundation