ACTIVE

ABLYNX

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Financial year 2025 · closed on 31/12/2025

Net result

3,7 M €

+111.5% YoY

Revenue

147,9 M €

+20.3% YoY

Equity

359,2 M €

+1.0% YoY

Workforce

363,5 ETP

-10.5% YoY

What does ABLYNX do?

ABLYNX is a Public limited company incorporated in 2001. Its registered office is in Gent. It employs on average 363,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0475.295.446

Incorporation

13/07/2001

Legal form

Public limited company

Registered office

Technologiepark-Zwijnaarde 21
9052 Gent · FlandreSee on map

Contributed capital

306 531 176,45 €

Latest accounts

31/12/2025

Average workforce

363,5 ETP

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 9 financial years

	2025		2024		2023		2022		2021		2020		2018		2017		2016
Income statement
Revenue	147,9 M €	+20.3%	122,9 M €	-22.8%	159,3 M €	+17.2%	135,9 M €	-6.7%	145,6 M €	+42.9%	101,9 M €	+10.2%	92,5 M €	+31.7%	70,3 M €	-29.6%	99,8 M €
EBITDA	129,9 M €	+17.2%	110,8 M €	-14.2%	129,2 M €	-7.7%	140 M €	-2.5%	143,5 M €	+55.0%	92,6 M €	+121%	42 M €	-34.2%	63,8 M €	-33.3%	95,7 M €
Operating result	-3,6 M €	+91.9%	-44 M €	-307%	21,3 M €	+1845%	1,1 M €	-96.9%	35,3 M €	+92.9%	18,3 M €	+119%	-94,9 M €	-17.4%	-80,8 M €	-17.5%	-68,8 M €
Net result	3,7 M €	+112%	-32,1 M €	-205%	30,6 M €	+908%	3 M €	-90.5%	31,9 M €	+75.8%	18,2 M €	+119%	-97,2 M €	+1.0%	-98,2 M €	-31.7%	-74,5 M €
Balance sheet
Equity	359,2 M €	+1.0%	355,5 M €	-8.3%	387,6 M €	+8.6%	357 M €	+0.9%	353,9 M €	+9.9%	322 M €	+5.0%	306,5 M €	+14.7%	267,2 M €	+60.4%	166,6 M €
Total assets	417,3 M €	-5.6%	442,2 M €	+4.6%	422,8 M €	+0.0%	422,6 M €	+3.7%	407,5 M €	+15.0%	354,3 M €	+1.6%	348,8 M €	-23.0%	452,7 M €	+21.6%	372,4 M €
Cash	–		16,6 k €	+769%	1,9 k €	-92.0%	23,9 k €	-95.3%	504,2 k €	+14.3%	441,2 k €	-94.5%	8 M €	-46.7%	14,9 M €	-72.0%	53,4 M €
Debts	52,5 M €	-30.6%	75,7 M €	+143%	31,1 M €	-50.4%	62,8 M €	+26.6%	49,6 M €	+72.0%	28,8 M €	+4.0%	27,7 M €	-77.3%	122,1 M €	-2.9%	125,7 M €
Other
Workforce	363,5 ETP	-10.5%	406,0 ETP	-3.4%	420,1 ETP	+2.0%	411,8 ETP	+0.9%	408,0 ETP	+0.7%	405,0 ETP	-4.4%	423,7 ETP	+9.5%	387,1 ETP	+10.5%	350,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

more than 1.000 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 28 ended

Active mandates

Hao Zheng

Director · since 01 mai 2025 · until 09 juin 2028

Active

Geert Deschamps

Managing director · since 01 mars 2025 · until 09 juin 2028

Active

Ended mandates

Kristine De Sutter

Director · since 28 mars 2019

Ended

Pieter Oldenziel

Director · since 01 janvier 2019 · until 29 avril 2021

Ended

Pieter Oldenziel

Director · since 01 janvier 2019

Ended

Piet Houwen

Director · since 01 août 2018 · until 28 mars 2019

Ended

At this address

Other companies at this address

Company	CBE no.
Aphea.Bio● Active	0666.961.607

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	23/06/2026	03/07/2025	08/07/2024	17/08/2023	13/07/2022	26/04/2022
General meeting	17/06/2026	30/06/2025	25/06/2024	27/06/2023	30/06/2022	10/03/2022
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

28 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	17/06/2026	23/06/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	03/07/2025	Dutch	PDF
Full model	31/12/2023	25/06/2024	08/07/2024	Dutch	PDF
Full model	31/12/2022	27/06/2023	17/08/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	13/07/2022	Dutch	PDF
Full modelCorrection	31/12/2020	10/03/2022	26/04/2022	Dutch	PDF
Full model	31/12/2020	11/06/2021	24/06/2021	Dutch	PDF
Full model	31/12/2019	12/06/2020	15/06/2020	Dutch	PDF
Full model	31/12/2018	14/06/2019	27/06/2019	Dutch	PDF
Full model	31/12/2017	26/04/2018	23/05/2018	Dutch	PDF
Full model	31/12/2016	27/04/2017	16/05/2017	Dutch	PDF
Full model	31/12/2015	28/04/2016	09/05/2016	Dutch	PDF
Full model	31/12/2014	30/04/2015	15/05/2015	Dutch	PDF
Consolidated accounts	31/12/2014	30/04/2015	15/05/2015	Dutch	PDF
Full model	31/12/2013	24/04/2014	07/05/2014	Dutch	PDF
Consolidated accounts	31/12/2013	24/04/2014	12/05/2014	Dutch	PDF
Full model	31/12/2012	25/04/2013	16/05/2013	Dutch	PDF
Consolidated accounts	31/12/2012	25/04/2013	21/05/2013	Dutch	PDF
Full model	31/12/2011	26/04/2012	14/05/2012	Dutch	PDF
Consolidated accounts	31/12/2011	26/04/2012	16/05/2012	Dutch	PDF
Full model	31/12/2010	28/04/2011	18/05/2011	Dutch	PDF
Consolidated accounts	31/12/2010	28/04/2011	16/05/2011	Dutch	PDF
Full model	31/12/2009	29/04/2010	11/05/2010	Dutch	PDF
Consolidated accounts	31/12/2009	28/04/2010	10/05/2010	Dutch	PDF

View all 28 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 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 · 2 active · 28 ended

Active mandates

Hao Zheng

Director · since 01 mai 2025 · until 09 juin 2028

Active

Geert Deschamps

Managing director · since 01 mars 2025 · until 09 juin 2028

Active

Ended mandates

Kristine De Sutter

Director · since 28 mars 2019

Ended

Pieter Oldenziel

Director · since 01 janvier 2019 · until 29 avril 2021

Ended

Pieter Oldenziel

Director · since 01 janvier 2019

Ended

Piet Houwen

Director · since 01 août 2018 · until 28 mars 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/06/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/04/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Other14/03/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING
PDF
Mandates30/06/2021
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares08/01/2020
KAPITAAL - AANDELEN
PDF
Mandates19/06/2019
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

2025
Annual accounts 20253,7 M €↑
01/05/2025
nominationHao Zheng — bestuurder
07/03/2025
nominationGeert Deschamps — Afgevaardigde bestuurder
01/03/2025
nominationGeert Deschamps — bestuurder
2024
Annual accounts 2024-32,1 M €↓
2023
Annual accounts 202330,6 M €↑
03/07/2023
nominationBV FORVIS MAZARS Bedrijfsrevisoren — commissaris
03/07/2023
nominationKurt Marichal — vertegenwoordiger van de commissaris
2022
Annual accounts 20223 M €↓
2021
Annual accounts 202131,9 M €↑
2020
Annual accounts 202018,2 M €↑
2018
Annual accounts 2018-97,2 M €↑
2017
Annual accounts 2017-98,2 M €↓
2016
Annual accounts 2016-74,5 M €
13/07/2001
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

ABLYNX

Overview

What does ABLYNX do?

Trend over 9 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