ACTIVE

BIOTECH FONDS VLAANDEREN

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Financial year 2025 · closed on 31/12/2025

Net result

-4,8 M €

-190.6% YoY

Equity

24,5 M €

-16.3% YoY

What does BIOTECH FONDS VLAANDEREN do?

BIOTECH FONDS VLAANDEREN is a Public limited company incorporated in 1994. Its registered office is in Bruxelles.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0454.215.168

Incorporation

28/12/1994

Legal form

Public limited company

Registered office

Rue du Vieux Marché aux Grains 63
1000 Bruxelles · BruxellesSee on map

Contributed capital

24 640 695,89 €

Latest accounts

31/12/2025

Joint committees (1)

Signals

Solid equityLow riskGood liquidity

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 10 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016
Income statement
Revenue	–		–		–		–		–		–		–		65,3 k €	-7.0%	70,2 k €		–
EBITDA	-408,2 k €	-70.4%	-239,5 k €	+33.3%	-359,1 k €	-61.1%	-223 k €	+44.6%	-402,4 k €	-3.3%	-389,6 k €	-15.1%	-338,6 k €	+74.3%	-1,3 M €	+70.4%	-4,4 M €	-2211%	-192,5 k €
Operating result	-408,2 k €	-70.4%	-239,5 k €	+33.3%	-359,2 k €	-60.8%	-223,4 k €	+44.6%	-402,9 k €	-3.3%	-390 k €	-15.0%	-339 k €	+74.3%	-1,3 M €	+70.4%	-4,4 M €	-2211%	-192,5 k €
Net result	-4,8 M €	-191%	-1,6 M €	+64.4%	-4,6 M €	+18.7%	-5,7 M €	-296%	-1,4 M €	-11674%	12,4 k €	+100%	-2,6 M €	-251%	1,7 M €	-79.1%	8,3 M €	+950%	793,4 k €
Balance sheet
Equity	24,5 M €	-16.3%	29,3 M €	-47.6%	55,9 M €	-7.6%	60,5 M €	-8.6%	66,2 M €	-2.1%	67,6 M €	+0.0%	67,6 M €	-3.7%	70,2 M €	+2.5%	68,5 M €	+13.8%	60,2 M €
Total assets	24,6 M €	-16.6%	29,4 M €	-47.4%	55,9 M €	-7.6%	60,5 M €	-8.6%	66,2 M €	-2.1%	67,7 M €	+0.0%	67,6 M €	-3.8%	70,3 M €	-1.6%	71,4 M €	+18.5%	60,3 M €
Cash	371,4 k €	-72.9%	1,4 M €	-78.7%	6,4 M €	-82.3%	36,3 M €	+31554%	114,8 k €	+22.7%	93,6 k €	-77.9%	424,4 k €	-83.0%	2,5 M €	-94.0%	41,7 M €	-19.5%	51,8 M €
Debts	35,5 k €	-77.4%	157,2 k €	+1670%	8,9 k €	+72.0%	5,2 k €	-78.0%	23,4 k €	-40.1%	39,1 k €	+42.9%	27,4 k €	-35.2%	42,2 k €	-25.1%	56,4 k €	-43.7%	100,2 k €
Other
Workforce	–		–		–		–		0,9 ETP	-10.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP	-9.1%	1,1 ETP	+1000%	0,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 16 ended

Active mandates

Elke Van De Walle

Director · since 02 mai 2023 · until 02 mai 2029

Active

Kenneth Wils

Director · since 02 mai 2023 · until 05 mai 2026

Active

Participatiemaatschappij Vlaanderen

Director · since 02 mai 2023 · until 02 mai 2029 · 0455.777.660

Represented by Michel Casselman

Active

Ended mandates

Kenneth Wils

Director · since 02 mai 2023 · until 02 mai 2029

Ended

Elke Van De Walle

Director · since 05 mai 2020 · until 02 mai 2023

Ended

Kenneth Wils

Director · since 05 mai 2020 · until 02 mai 2023

Ended

Chris De Jonghe

Director · since 03 mai 2016 · until 02 mai 2017

Ended

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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	07/05/2026	08/05/2025	17/05/2024	08/05/2023	13/05/2022	10/05/2021
General meeting	06/05/2026	07/05/2025	07/05/2024	02/05/2023	03/05/2022	04/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

21 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	06/05/2026	07/05/2026	Dutch	PDF
Full model	31/12/2024	07/05/2025	08/05/2025	Dutch	PDF
Full model	31/12/2023	07/05/2024	17/05/2024	Dutch	PDF
Full model	31/12/2022	02/05/2023	08/05/2023	Dutch	PDF
Full model	31/12/2021	03/05/2022	13/05/2022	Dutch	PDF
Full model	31/12/2020	04/05/2021	10/05/2021	Dutch	PDF
Full model	31/12/2019	05/05/2020	19/05/2020	Dutch	PDF
Full model	31/12/2018	07/05/2019	17/05/2019	Dutch	PDF
Full model	31/12/2017	02/05/2018	17/05/2018	Dutch	PDF
Full model	31/12/2016	02/05/2017	09/05/2017	Dutch	PDF
Full model	31/12/2015	03/05/2016	24/05/2016	Dutch	PDF
Full model	31/12/2014	05/05/2015	27/05/2015	Dutch	PDF
Full model	31/12/2013	06/05/2014	05/06/2014	Dutch	PDF
Full model	31/12/2012	07/05/2013	05/06/2013	Dutch	PDF
Full model	31/12/2011	02/05/2012	31/05/2012	Dutch	PDF
Full model	31/12/2010	03/05/2011	27/05/2011	Dutch	PDF
Full model	31/12/2009	04/05/2010	07/06/2010	Dutch	PDF
Full model	31/12/2008	05/05/2009	03/06/2009	Dutch	PDF
Full model	31/12/2007	06/05/2008	04/06/2008	Dutch	PDF
Full modelCorrection	31/12/2006	02/05/2007	02/04/2008	Dutch	PDF
Full model	31/12/2006	02/05/2007	01/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 16 ended

Active mandates

Elke Van De Walle

Director · since 02 mai 2023 · until 02 mai 2029

Active

Kenneth Wils

Director · since 02 mai 2023 · until 05 mai 2026

Active

Participatiemaatschappij Vlaanderen

Director · since 02 mai 2023 · until 02 mai 2029 · 0455.777.660

Represented by Michel Casselman

Active

Ended mandates

Kenneth Wils

Director · since 02 mai 2023 · until 02 mai 2029

Ended

Elke Van De Walle

Director · since 05 mai 2020 · until 02 mai 2023

Ended

Kenneth Wils

Director · since 05 mai 2020 · until 02 mai 2023

Ended

Chris De Jonghe

Director · since 03 mai 2016 · until 02 mai 2017

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/05/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/08/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates16/07/2020
ONTSLAGEN - BENOEMINGEN
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

01/04/2026
nominationBart De Taeye — bestuurder
2025
Annual accounts 2025-4,8 M €↓
06/05/2025
reconductionBDO Bedrijfsrevisoren — commissaris
2024
Annual accounts 2024-1,6 M €↑
2023
Annual accounts 2023-4,6 M €↑
02/05/2023
reconductionKenneth Wils — bestuurder
02/05/2023
reconductionElke Van de Walle — bestuurder
02/05/2023
reconductionParticipatieMaatschappij Vlaanderen NV — bestuurder
2022
Annual accounts 2022-5,7 M €↓
03/05/2022
reconductionBDO Bedrijfsrevisoren — BDO Réviseurs d'Entreprises — commissaris
2021
Annual accounts 2021-1,4 M €↓
2020
Annual accounts 202012,4 k €↑
2019
Annual accounts 2019-2,6 M €↓
2018
Annual accounts 20181,7 M €↓
2017
Annual accounts 20178,3 M €↑
2016
Annual accounts 2016793,4 k €
28/12/1994
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

BIOTECH FONDS VLAANDEREN

Overview

What does BIOTECH FONDS VLAANDEREN do?

Trend over 10 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