ACTIVE

VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGY

Financial year 2025 · Closed on 31/12/2025

Net result10,6 M €+294,6 %over 1 year
Revenue52,6 M €+19,4 %over 1 year
Equity172,4 M €+7,0 %over 1 year
Workforce928,4 ETP+4,9 %over 1 year

Identity

Source · BCE/KBO

VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGY is a Non-profit organization incorporated in 1995. Its main activity is: Research and experimental development on natural sciences and engineering. 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
Latest accounts
31/12/2025
Average workforce
928,4 ETP
Joint committees (1)
  • 335
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue52,6 M €44 M €42,4 M €36,9 M €43,8 M €
EBITDA23,8 M €14,3 M €15,4 M €13,8 M €15,2 M €
Operating result10,5 M €1,4 M €2,7 M €1,9 M €4,2 M €
Net result10,6 M €2,7 M €6,1 M €-5,2 M €5,8 M €
Balance sheet
Equity172,4 M €161,1 M €159,5 M €154,2 M €156,8 M €
Total assets323,7 M €309,1 M €295,4 M €270,6 M €254,8 M €
Cash5 M €7,2 M €18,4 M €29,9 M €27,8 M €
Debts84,8 M €82,1 M €79,4 M €71,8 M €62,3 M €
Other
Workforce928,4 ETP885,2 ETP835,2 ETP796,0 ETP748,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

17 active · 39 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
PATRICK CALLAERTS
Director10/10/2025 → 22/04/2026
STEFAAN VAES
Director10/10/2025 → 22/04/2026
CHRIS DE JONGHE
Director06/07/2025 → 05/07/2029
MAARTEN WEYN
Director06/07/2025 → 05/07/2029
PETER SCHELKENS
Director16/09/2024 → 05/07/2029
KATHARINA D'HERDE
Director06/07/2023 → 05/07/2026
KOEN QUAGHEBEUR
Director06/07/2020 → 05/07/2026
GRIET NUYTINCK
Director06/07/2019 → 05/07/2029
RONNY BLUST
Director06/07/2019 → 05/07/2025
MARLEEN LIMBOURG
Director06/07/2018 → 05/07/2027
CHRIS VAN GEET
Director14/12/2017 → 05/07/2026
GERARD GOOVERS
Director14/12/2017 → 05/07/2026
DIETER DEFORCE
Director06/07/2016 → 05/07/2029
AJIT SHETTY
Chairman of the board of directors06/07/2012 → 05/07/2027Director2015 accountsended
LUC MOENS
Vice-chairman of the board of directors06/07/2007 → 05/07/2029Director2011 accountsended
BART DE MOOR
Director06/07/1995 → 05/07/2029
GUSTAAF VAN REET
Director06/07/1995 → 05/07/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
PHILIPPE NYS
Government commissioner17/04/2020 → 2020 accounts
STIJN ROCHER
Government commissioner17/04/2020 → 2020 accounts
HUGO THIENPONT
Director06/07/2019 → 16/09/2024

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1024.242.497
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EU-SAGE● Active
0774.834.218
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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 date22/05/202620/05/202530/04/202404/05/202304/05/202221/05/2021
General meeting22/04/202623/04/202517/04/202419/04/202320/04/202221/04/2021
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, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/04/202622/05/2026DutchPDF
Full model31/12/202423/04/202520/05/2025DutchPDF
Full model31/12/202317/04/202430/04/2024DutchPDF
Full model31/12/202219/04/202304/05/2023DutchPDF
Full model31/12/202120/04/202204/05/2022DutchPDF
Full model31/12/202021/04/202121/05/2021DutchPDF
Full model31/12/201922/04/202028/04/2020DutchPDF
Full model31/12/201824/04/201907/05/2019DutchPDF
Full model31/12/201718/04/201808/05/2018DutchPDF
Full model31/12/201619/04/201703/05/2017DutchPDF
Full model31/12/201513/04/201621/04/2016DutchPDF
Full model31/12/201422/04/201504/05/2015DutchPDF
Full model31/12/201323/04/201416/05/2014DutchPDF
Full model31/12/201217/04/201302/05/2013DutchPDF
Full model31/12/201118/04/201223/04/2012DutchPDF
Full model31/12/201013/04/201128/04/2011DutchPDF
Full model31/12/200914/04/201030/04/2010DutchPDF
Full model31/12/200815/04/200908/05/2009DutchPDF
Full model31/12/200716/04/200816/05/2008DutchPDF
Full model31/12/200618/04/200711/05/2007DutchPDF

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.

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

17 active · 39 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
PATRICK CALLAERTS
Director10/10/2025 → 22/04/2026
STEFAAN VAES
Director10/10/2025 → 22/04/2026
CHRIS DE JONGHE
Director06/07/2025 → 05/07/2029
MAARTEN WEYN
Director06/07/2025 → 05/07/2029
PETER SCHELKENS
Director16/09/2024 → 05/07/2029
KATHARINA D'HERDE
Director06/07/2023 → 05/07/2026
KOEN QUAGHEBEUR
Director06/07/2020 → 05/07/2026
GRIET NUYTINCK
Director06/07/2019 → 05/07/2029
RONNY BLUST
Director06/07/2019 → 05/07/2025
MARLEEN LIMBOURG
Director06/07/2018 → 05/07/2027
CHRIS VAN GEET
Director14/12/2017 → 05/07/2026
GERARD GOOVERS
Director14/12/2017 → 05/07/2026
DIETER DEFORCE
Director06/07/2016 → 05/07/2029
AJIT SHETTY
Chairman of the board of directors06/07/2012 → 05/07/2027Director2015 accountsended
LUC MOENS
Vice-chairman of the board of directors06/07/2007 → 05/07/2029Director2011 accountsended
BART DE MOOR
Director06/07/1995 → 05/07/2029
GUSTAAF VAN REET
Director06/07/1995 → 05/07/2025

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
PHILIPPE NYS
Government commissioner17/04/2020 → 2020 accounts
STIJN ROCHER
Government commissioner17/04/2020 → 2020 accounts
HUGO THIENPONT
Director06/07/2019 → 16/09/2024

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates08/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other08/07/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates17/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office29/02/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates29/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2022
    ONTSLAGEN - BENOEMINGEN
    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
Filings18 filings
Mandates
STEFAAN VAES
PATRICK CALLAERTS
CHRIS DE JONGHE
MAARTEN WEYN
PETER SCHELKENS
KATHARINA D'HERDE
KOEN QUAGHEBEUR
GRIET NUYTINCK
RONNY BLUST
MARLEEN LIMBOURG
CHRIS VAN GEET
GERARD GOOVERS
and 40 more mandates
19951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
VIB vzw
Suzanne Tassierstraat 1, 9052 ZwijnaardeRijvisschestraat 120, 9052 Zwijnaarde
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Suzanne Tassierstraat 1, 9052 ZwijnaardeCurrent
accounts 2023 → 2025
Accounts 2025 · 2026-00119637
Rijvisschestraat 120, 9052 Zwijnaarde
accounts 2021 → 2022
Accounts 2022 · 2023-00086084

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGYCurrent
CBE
VIB vzw
accounts 2021 → 2025
Accounts 2025 · 2026-00119637

Events

  1. 2025
    Annual accounts 202510,6 M €↑
  2. 06/07/2025
    reconductionLuc Moens · bestuurder
  3. 06/07/2025
    nominationPeter Schelkens · bestuurder
  4. 06/07/2025
    nominationMaarten Weyn · bestuurder
  5. 06/07/2025
    reconductionGriet Nuytinck · bestuurder
  6. 06/07/2025
    nominationChris De Jonghe · bestuurder
  7. 06/07/2025
    reconductionBart De Moor · bestuurder
  8. 06/07/2025
    reconductionDieter Deforce · bestuurder
  9. 2024
    Annual accounts 20242,7 M €↓
  10. 07/07/2024
    reconductionAjit Shetty · bestuurder
  11. 07/07/2024
    reconductionMarleen J. Limbourg · bestuurder
  12. 01/05/2024
    nominationVeerle Bogaert · volmachtdrager-mandataris van categorie D
  13. 2023
    Annual accounts 20236,1 M €↑
  14. 06/07/2023
    nominationD'Herde Katharina · Raad van bestuur
  15. 06/07/2023
    reconductionVan Geet Chris · Raad van bestuur
  16. 06/07/2023
    reconductionGovers Gerard · Raad van bestuur
  17. 06/07/2023
    reconductionQuaghebeur Koen · Raad van bestuur
  18. 06/07/2023
    reconductionBoelens Francis · commissaris
  19. 2022
    Annual accounts 2022-5,2 M €↓
  20. 06/07/2022
    reconductionLuc Moens · bestuurder
  21. 06/07/2022
    reconductionRonny Blust · bestuurder
  22. 06/07/2022
    reconductionHugo Thienpont · bestuurder
  23. 06/07/2022
    reconductionGustaaf Van Reet · bestuurder
  24. 06/07/2022
    reconductionGriet Nuytinck · bestuurder
  25. 06/07/2022
    reconductionDieter Deforce · bestuurder
  26. 06/07/2022
    reconductionBart De Moor · bestuurder
  27. 04/04/2022
    nominationChristine Durinx · dagelijks bestuurder, algemeen directeur en volmachtdrager-mandataris van categorie A
  28. 2021
    Annual accounts 20215,8 M €↓
  29. 2020
    Annual accounts 20206,7 M €↑
  30. 2019
    Annual accounts 20194,7 M €↓
  31. 2018
    Annual accounts 201816,3 M €↑
  32. 2017
    Annual accounts 201715,8 M €↑
  33. 2016
    Annual accounts 20161,5 M €↓
  34. 2015
    Annual accounts 20159,6 M €↑
  35. 2014
    Annual accounts 20141 M €↓
  36. 2013
    Annual accounts 20132,9 M €↑
  37. 2012
    Annual accounts 20122,9 M €↓
  38. 2011
    Annual accounts 20113,2 M €↓
  39. 2010
    Annual accounts 20104 M €↑
  40. 2009
    Annual accounts 20092,6 M €↓
  41. 2008
    Annual accounts 20085,8 M €
  42. 06/07/1995
    IncorporationNon-profit organization