VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGY
0456.343.923 · rovalta.com · 22/09/2026
ACTIVE
VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGY
Financial year 2025 · closed on 31/12/2025
Net result
10,6 M €
+294.6% YoY
Revenue
52,6 M €
+19.4% YoY
Equity
172,4 M €
+7.0% YoY
Workforce
928,4 ETP
+4.9% YoY
Overview
What does VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGY do?
VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGY is a Non-profit organization incorporated in 1995. Its registered office is in Gent. It employs on average 928,4 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0456.343.923
Incorporation
06/07/1995
Legal form
Non-profit organization
Registered office
Suzanne Tassierstraat 1
9052 Gent · FlandreSee on map
9052 Gent · FlandreSee on map
Latest accounts
31/12/2025
Average workforce
928,4 ETP
Joint committees (1)
- 335
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Revenue | 52,6 M € | +19.4% | 44 M € | +3.8% | 42,4 M € | +14.9% | 36,9 M € | -15.6% | 43,8 M € | +27.5% | 34,3 M € | +6.4% | 32,2 M € | +7.2% | 30,1 M € | +18.5% | 25,4 M € | +7.4% | 23,6 M € | -4.9% | 24,9 M € | +2.1% | 24,4 M € | +24.3% | 19,6 M € | +1.9% | 19,2 M € | +8.3% | 17,7 M € | +22.8% | 14,5 M € | +18.5% | 12,2 M € | -40.9% | 20,7 M € |
| EBITDA | 23,8 M € | +66.6% | 14,3 M € | -7.3% | 15,4 M € | +12.0% | 13,8 M € | -9.6% | 15,2 M € | +18.3% | 12,9 M € | -11.8% | 14,6 M € | -3.5% | 15,1 M € | +5.3% | 14,4 M € | +73.5% | 8,3 M € | -27.3% | 11,4 M € | +1.7% | 11,2 M € | +29.4% | 8,7 M € | -2.0% | 8,8 M € | +10.6% | 8 M € | -7.4% | 8,6 M € | +41.8% | 6,1 M € | -32.9% | 9,1 M € |
| Operating result | 10,5 M € | +670% | 1,4 M € | -48.8% | 2,7 M € | +38.1% | 1,9 M € | -54.1% | 4,2 M € | +43.7% | 2,9 M € | -44.7% | 5,3 M € | -20.8% | 6,6 M € | +20.8% | 5,5 M € | +4125% | 130,3 k € | -96.4% | 3,6 M € | -0.2% | 3,6 M € | +178% | 1,3 M € | -34.3% | 2 M € | +52.7% | 1,3 M € | -36.6% | 2 M € | +141% | 851 k € | -81.9% | 4,7 M € |
| Net result | 10,6 M € | +295% | 2,7 M € | -56.1% | 6,1 M € | +216% | -5,2 M € | -191% | 5,8 M € | -13.9% | 6,7 M € | +42.3% | 4,7 M € | -71.1% | 16,3 M € | +3.3% | 15,8 M € | +942% | 1,5 M € | -84.1% | 9,6 M € | +851% | 1 M € | -65.8% | 2,9 M € | +2.0% | 2,9 M € | -10.2% | 3,2 M € | -19.0% | 4 M € | +50.8% | 2,6 M € | -54.4% | 5,8 M € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | 172,4 M € | +7.0% | 161,1 M € | +1.0% | 159,5 M € | +3.5% | 154,2 M € | -1.7% | 156,8 M € | +4.8% | 149,6 M € | +6.9% | 140 M € | +3.1% | 135,8 M € | +16.1% | 116,9 M € | +14.6% | 102 M € | +3.9% | 98,2 M € | +11.1% | 88,3 M € | +0.1% | 88,3 M € | +4.6% | 84,4 M € | +11.5% | 75,7 M € | +3.8% | 73 M € | +3.7% | 70,4 M € | +10.1% | 63,9 M € |
| Total assets | 323,7 M € | +4.7% | 309,1 M € | +4.6% | 295,4 M € | +9.2% | 270,6 M € | +6.2% | 254,8 M € | +3.9% | 245,3 M € | +6.7% | 229,9 M € | +1.7% | 226,1 M € | +14.7% | 197,1 M € | +23.5% | 159,5 M € | +0.9% | 158,1 M € | +2.5% | 154,3 M € | -1.2% | 156,2 M € | +5.6% | 147,9 M € | +1.1% | 146,3 M € | +6.6% | 137,3 M € | +2.9% | 133,5 M € | +5.1% | 127 M € |
| Cash | 5 M € | -30.3% | 7,2 M € | -61.0% | 18,4 M € | -38.5% | 29,9 M € | +7.5% | 27,8 M € | -21.4% | 35,4 M € | -6.7% | 37,9 M € | -6.3% | 40,5 M € | +30.5% | 31 M € | +83.0% | 16,9 M € | +16.2% | 14,6 M € | +25.7% | 11,6 M € | +160% | 4,5 M € | -48.8% | 8,7 M € | +514% | 1,4 M € | +561% | 214,7 k € | +52.1% | 141,1 k € | -74.2% | 546,8 k € |
| Debts | 84,8 M € | +3.4% | 82,1 M € | +3.3% | 79,4 M € | +10.6% | 71,8 M € | +15.3% | 62,3 M € | -7.1% | 67 M € | +10.6% | 60,6 M € | -7.7% | 65,6 M € | +10.2% | 59,6 M € | +21.2% | 49,1 M € | +1.5% | 48,4 M € | -10.6% | 54,1 M € | -1.8% | 55,1 M € | +9.6% | 50,3 M € | -0.2% | 50,4 M € | +13.6% | 44,4 M € | +8.0% | 41,1 M € | +5.3% | 39 M € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 928,4 ETP | +4.9% | 885,2 ETP | +6.0% | 835,2 ETP | +4.9% | 796,0 ETP | +6.4% | 748,1 ETP | +0.7% | 743,1 ETP | +2.6% | 724,2 ETP | +8.4% | 668,1 ETP | +9.5% | 610,3 ETP | +5.8% | 577,0 ETP | -1.0% | 583,1 ETP | +2.3% | 570,1 ETP | +3.2% | 552,3 ETP | +4.1% | 530,4 ETP | +5.5% | 502,9 ETP | -1.0% | 508,0 ETP | +1.5% | 500,6 ETP | +7.8% | 464,2 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 M€ and 500 M€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 17 active · 102 ended
Active mandates
PATRICK CALLAERTS
ActiveSTEFAAN VAES
ActiveCHRIS DE JONGHE
ActiveMAARTEN WEYN
ActivePETER SCHELKENS
ActiveKATHARINA D'HERDE
ActiveKOEN QUAGHEBEUR
ActiveGRIET NUYTINCK
ActiveRONNY BLUST
ActiveMARLEEN LIMBOURG
ActiveCHRIS VAN GEET
ActiveGERARD GOOVERS
ActiveDIETER DEFORCE
ActiveAJIT SHETTY
ActiveLUC MOENS
ActiveBART DE MOOR
ActiveGUSTAAF VAN REET
ActiveEnded mandates
PETER SCHELKENS
EndedKATHARINA D'HERDE
EndedKOEN QUAGHEBEUR
EndedPHILIPPE NYS
EndedAt this address
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|---|---|
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Biotope Ventures II● Active | 1024.242.497 |
EU-LIFE● Active | 1038.799.823 |
EU-SAGE● Active | 0774.834.218 |
I-CHALLENGE● Active | 1002.343.560 |
LO²CUS Gent● Active | 0642.937.081 |
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Financials
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 | 22/05/2026 | 20/05/2025 | 30/04/2024 | 04/05/2023 | 04/05/2022 | 21/05/2021 |
| General meeting | 22/04/2026 | 23/04/2025 | 17/04/2024 | 19/04/2023 | 20/04/2022 | 21/04/2021 |
| 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 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 22/04/2026 | 22/05/2026 | Dutch | |
| Full model | 31/12/2024 | 23/04/2025 | 20/05/2025 | Dutch | |
| Full model | 31/12/2023 | 17/04/2024 | 30/04/2024 | Dutch | |
| Full model | 31/12/2022 | 19/04/2023 | 04/05/2023 | Dutch | |
| Full model | 31/12/2021 | 20/04/2022 | 04/05/2022 | Dutch | |
| Full model | 31/12/2020 | 21/04/2021 | 21/05/2021 | Dutch | |
| Full model | 31/12/2019 | 22/04/2020 | 28/04/2020 | Dutch | |
| Full model | 31/12/2018 | 24/04/2019 | 07/05/2019 | Dutch | |
| Full model | 31/12/2017 | 18/04/2018 | 08/05/2018 | Dutch | |
| Full model | 31/12/2016 | 19/04/2017 | 03/05/2017 | Dutch | |
| Full model | 31/12/2015 | 13/04/2016 | 21/04/2016 | Dutch | |
| Full model | 31/12/2014 | 22/04/2015 | 04/05/2015 | Dutch | |
| Full model | 31/12/2013 | 23/04/2014 | 16/05/2014 | Dutch | |
| Full model | 31/12/2012 | 17/04/2013 | 02/05/2013 | Dutch | |
| Full model | 31/12/2011 | 18/04/2012 | 23/04/2012 | Dutch | |
| Full model | 31/12/2010 | 13/04/2011 | 28/04/2011 | Dutch | |
| Full model | 31/12/2009 | 14/04/2010 | 30/04/2010 | Dutch | |
| Full model | 31/12/2008 | 15/04/2009 | 08/05/2009 | Dutch | |
| Full model | 31/12/2007 | 16/04/2008 | 16/05/2008 | Dutch | |
| Full model | 31/12/2006 | 18/04/2007 | 11/05/2007 | Dutch |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 17 active · 102 ended
Active mandates
PATRICK CALLAERTS
ActiveSTEFAAN VAES
ActiveCHRIS DE JONGHE
ActiveMAARTEN WEYN
ActivePETER SCHELKENS
ActiveKATHARINA D'HERDE
ActiveKOEN QUAGHEBEUR
ActiveGRIET NUYTINCK
ActiveRONNY BLUST
ActiveMARLEEN LIMBOURG
ActiveCHRIS VAN GEET
ActiveGERARD GOOVERS
ActiveDIETER DEFORCE
ActiveAJIT SHETTY
ActiveLUC MOENS
ActiveBART DE MOOR
ActiveGUSTAAF VAN REET
ActiveEnded mandates
PETER SCHELKENS
EndedKATHARINA D'HERDE
EndedKOEN QUAGHEBEUR
EndedPHILIPPE NYS
EndedShareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates08/06/2026ONTSLAGEN - BENOEMINGEN
- Mandates22/07/2025ONTSLAGEN - BENOEMINGEN
- Other08/07/2025STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
- Mandates17/06/2024ONTSLAGEN - BENOEMINGEN
- Mandates05/06/2024ONTSLAGEN - BENOEMINGEN
- Registered office29/02/2024MAATSCHAPPELIJKE ZETEL
- Mandates29/06/2023ONTSLAGEN - BENOEMINGEN
- Mandates16/08/2022ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202510,6 M €↑
- 06/07/2025reconductionLuc Moens — bestuurder
- 06/07/2025nominationPeter Schelkens — bestuurder
- 06/07/2025nominationMaarten Weyn — bestuurder
- 06/07/2025reconductionGriet Nuytinck — bestuurder
- 06/07/2025nominationChris De Jonghe — bestuurder
- 06/07/2025reconductionBart De Moor — bestuurder
- 06/07/2025reconductionDieter Deforce — bestuurder
- 2024Annual accounts 20242,7 M €↓
- 07/07/2024reconductionAjit Shetty — bestuurder
- 07/07/2024reconductionMarleen J. Limbourg — bestuurder
- 01/05/2024nominationVeerle Bogaert — volmachtdrager-mandataris van categorie D
- 2023Annual accounts 20236,1 M €↑
- 06/07/2023nominationD'Herde Katharina — Raad van bestuur
- 06/07/2023reconductionVan Geet Chris — Raad van bestuur
- 06/07/2023reconductionGovers Gerard — Raad van bestuur
- 06/07/2023reconductionQuaghebeur Koen — Raad van bestuur
- 06/07/2023reconductionBoelens Francis — commissaris
- 2022Annual accounts 2022-5,2 M €↓
- 06/07/2022reconductionLuc Moens — bestuurder
- 06/07/2022reconductionRonny Blust — bestuurder
- 06/07/2022reconductionHugo Thienpont — bestuurder
- 06/07/2022reconductionGustaaf Van Reet — bestuurder
- 06/07/2022reconductionGriet Nuytinck — bestuurder
- 06/07/2022reconductionDieter Deforce — bestuurder
- 06/07/2022reconductionBart De Moor — bestuurder
- 04/04/2022nominationChristine Durinx — dagelijks bestuurder, algemeen directeur en volmachtdrager-mandataris van categorie A
- 2021Annual accounts 20215,8 M €↓
- 2020Annual accounts 20206,7 M €↑
- 2019Annual accounts 20194,7 M €↓
- 2018Annual accounts 201816,3 M €↑
- 2017Annual accounts 201715,8 M €↑
- 2016Annual accounts 20161,5 M €↓
- 2015Annual accounts 20159,6 M €↑
- 2014Annual accounts 20141 M €↓
- 2013Annual accounts 20132,9 M €↑
- 2012Annual accounts 20122,9 M €↓
- 2011Annual accounts 20113,2 M €↓
- 2010Annual accounts 20104 M €↑
- 2009Annual accounts 20092,6 M €↓
- 2008Annual accounts 20085,8 M €
- 06/07/1995IncorporationNon-profit organization