ACTIVE

VLERICK RESEARCH

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Financial year 2025 · Closed on 31/12/2025

Net result952,7 k €-29,8 %over 1 year
Gross margin-565,1 k €-23,1 %over 1 year
Equity59,8 M €+1,6 %over 1 year
Workforce14,4 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

VLERICK RESEARCH is a Public limited company incorporated in 2001. Its main activity is: Management consultancy activities. Its registered office is in Gent. It employs on average 14,4 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0475.850.920
Incorporation
12/10/2001
Legal form
Public limited company
Registered office
Reep 1
9000 Gent · FlandreSee on map
Contributed capital
51 482 431,13 €
Latest accounts
31/12/2025
Average workforce
14,4 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debts

Financials

Source · NBB, 21 filings

Trend over 20 financial years

20252024202320222021
Income statement
Gross margin-565,1 k €-458,9 k €-563,4 k €-386,2 k €-426 k €
EBITDA-3,5 M €-2,9 M €-2,3 M €-2 M €-2,2 M €
Operating result-3,5 M €-2,9 M €-2,3 M €-2 M €-2,2 M €
Net result952,7 k €1,4 M €1,6 M €1,6 M €-1,3 M €
Balance sheet
Equity59,8 M €58,9 M €57,5 M €56 M €54,4 M €
Total assets60,6 M €59,2 M €57,8 M €56,3 M €54,7 M €
Cash1,3 M €2 M €2,7 M €4,7 M €3 M €
Debts704,4 k €262,6 k €223,6 k €248,5 k €256 k €
Other
Workforce14,4 ETP14,4 ETP11,0 ETP10,0 ETP11,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

23 active · 142 ended

Active mandates

Dirk Buyens

Director · since 14 octobre 2025 · until 24 mai 2028

Active
Petra De Sutter

Director · since 01 octobre 2025 · until 24 mai 2028

Active
Severine Vermeire

Director · since 01 août 2025 · until 24 mai 2028

Active
Frank Vlayen

Director · 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 · until 27 mai 2026

Active
Joëlle Huijnen

Director · since 20 mai 2020 · until 27 mai 2026

Active
Kristine de Valck

Director · since 20 mai 2020 · until 27 mai 2026

Active
Michèle Sioen

Director · since 20 mai 2020 · until 27 mai 2025

Active
Sophie Manigart

Director · since 22 octobre 2018 · until 27 mai 2026

Active
Frans Muller

Chairman of the board of directors · since 14 décembre 2017 · until 27 mai 2025

Active
Louis Jonckheere

Director · since 14 décembre 2017 · until 27 mai 2026

Active
Luc Sels

Director · since 14 décembre 2017 · until 31 juillet 2025

Active
Rik Van de Walle

Director · since 14 décembre 2017 · until 30 septembre 2025

Active
Filip Abraham

Director · since 01 novembre 2015 · until 13 octobre 2025

Active
Ignace Lemahieu

Director · since 01 novembre 2015 · until 27 mai 2026

Active
Julio Urgel

Director · since 01 novembre 2015 · until 27 mai 2026

Active
Yao Yang

Director · since 01 novembre 2015 · until 27 mai 2025

Active
Marion Debruyne

Director · since 01 novembre 2014 · until 27 mai 2026

Active
Jean-Luc Deleersnyder

Director · since 02 novembre 2010 · until 27 mai 2026

Active
Philippe Vlerick

Director · since 02 novembre 2010 · until 27 mai 2026

Active
Rudy Provoost

Director · since 02 novembre 2010 · until 27 mai 2026

Active
Patrick De Greve

Managing director · since 05 août 2008 · until 27 mai 2026

Active

Ended mandates

Wim Desmet

Director · since 24 mai 2022 · until 23 mai 2023

Ended
Joëlle Huijnen

Director · since 20 mai 2020 · until 23 mai 2023

Ended
Joëlle Huijnen

Director · since 20 mai 2020

Ended
Kristine de Valck

Director · since 20 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 Business School● Active
0424.244.049
Vlerick Finance Alumni VZW● Active
0873.363.947
Vlerick Grand Ball● Active
0721.506.487
Vlerick Marketing Alumni● Active
0442.965.940

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 meeting27/05/202627/05/202529/05/202417/05/202324/05/202227/05/2021
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, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202527/05/202602/06/2026DutchPDF
Abridged model31/12/202427/05/202528/05/2025DutchPDF
Abridged model31/12/202329/05/202411/06/2024DutchPDF
Abridged model31/12/202217/05/202302/06/2023DutchPDF
Abridged model31/12/202124/05/202231/05/2022DutchPDF
Abridged model31/12/202027/05/202111/06/2021DutchPDF
Abridged model31/12/201919/05/202011/06/2020DutchPDF
Abridged model31/12/201825/04/201913/06/2019DutchPDF
Full model31/12/201723/04/201807/06/2018DutchPDF
Full model31/12/201609/05/201712/06/2017DutchPDF
Full modelCorrection31/12/201525/05/201603/05/2017DutchPDF
Full model31/12/201525/05/201622/06/2016DutchPDF
Full model31/12/201420/05/201501/03/2016DutchPDF
Full model31/12/201321/05/201412/06/2014DutchPDF
Full model31/12/201215/05/201307/06/2013DutchPDF
Full model31/12/201116/05/201229/06/2012DutchPDF
Full model31/12/201018/05/201110/06/2011DutchPDF
Full model31/12/200930/04/201020/05/2010DutchPDF
Full model31/12/200830/04/200925/05/2009DutchPDF
Full model31/12/200730/04/200827/05/2008DutchPDF
Full model31/12/200630/04/200723/05/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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

23 active · 142 ended

Active mandates

Dirk Buyens

Director · since 14 octobre 2025 · until 24 mai 2028

Active
Petra De Sutter

Director · since 01 octobre 2025 · until 24 mai 2028

Active
Severine Vermeire

Director · since 01 août 2025 · until 24 mai 2028

Active
Frank Vlayen

Director · 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 · until 27 mai 2026

Active
Joëlle Huijnen

Director · since 20 mai 2020 · until 27 mai 2026

Active
Kristine de Valck

Director · since 20 mai 2020 · until 27 mai 2026

Active
Michèle Sioen

Director · since 20 mai 2020 · until 27 mai 2025

Active
Sophie Manigart

Director · since 22 octobre 2018 · until 27 mai 2026

Active
Frans Muller

Chairman of the board of directors · since 14 décembre 2017 · until 27 mai 2025

Active
Louis Jonckheere

Director · since 14 décembre 2017 · until 27 mai 2026

Active
Luc Sels

Director · since 14 décembre 2017 · until 31 juillet 2025

Active
Rik Van de Walle

Director · since 14 décembre 2017 · until 30 septembre 2025

Active
Filip Abraham

Director · since 01 novembre 2015 · until 13 octobre 2025

Active
Ignace Lemahieu

Director · since 01 novembre 2015 · until 27 mai 2026

Active
Julio Urgel

Director · since 01 novembre 2015 · until 27 mai 2026

Active
Yao Yang

Director · since 01 novembre 2015 · until 27 mai 2025

Active
Marion Debruyne

Director · since 01 novembre 2014 · until 27 mai 2026

Active
Jean-Luc Deleersnyder

Director · since 02 novembre 2010 · until 27 mai 2026

Active
Philippe Vlerick

Director · since 02 novembre 2010 · until 27 mai 2026

Active
Rudy Provoost

Director · since 02 novembre 2010 · until 27 mai 2026

Active
Patrick De Greve

Managing director · since 05 août 2008 · until 27 mai 2026

Active

Ended mandates

Wim Desmet

Director · since 24 mai 2022 · until 23 mai 2023

Ended
Joëlle Huijnen

Director · since 20 mai 2020 · until 23 mai 2023

Ended
Joëlle Huijnen

Director · since 20 mai 2020

Ended
Kristine de Valck

Director · since 20 mai 2020 · until 23 mai 2023

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates29/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other31/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates04/07/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/08/2021
    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
    reconductionMarion Debruyne — bestuurder
  2. 27/05/2026
    reconductionJean-Luc Deleersnyder — bestuurder
  3. 27/05/2026
    reconductionPatrick De Greve — bestuurder
  4. 27/05/2026
    reconductionIgnace Lemahieu — bestuurder
  5. 27/05/2026
    reconductionRudy Provoost — bestuurder
  6. 27/05/2026
    reconductionJulio Urge! Varela — bestuurder
  7. 27/05/2026
    reconductionPhilippe Vlerick — bestuurder
  8. 27/05/2026
    reconductionWim Desmet — bestuurder
  9. 27/05/2026
    reconductionKristine De Valck — bestuurder
  10. 27/05/2026
    reconductionJoëlle Huijnen — bestuurder
  11. 27/05/2026
    reconductionLouis Jonckheere — bestuurder
  12. 27/05/2026
    reconductionSophie Manigart — bestuurder
  13. 27/05/2026
    nominationHendrik isebaert — bestuurder
  14. 27/05/2026
    reconductionPatrick De Greve — gedelegeerd bestuurder
  15. 2025
    Annual accounts 2025952,7 k €↓
  16. 14/10/2025
    nominationDirk Buyens — bestuurder
  17. 01/10/2025
    nominationPetra De Sutter — bestuurder
  18. 01/08/2025
    nominationSeverine Vermeire — bestuurder
  19. 27/05/2025
    reconductionJean-Luc Deleersnyder — bestuurder
  20. 27/05/2025
    reconductionRudy Provoost — bestuurder
  21. 27/05/2025
    nominationSofie Baeten — bestuurder
  22. 27/05/2025
    nominationFrank Vlayen — bestuurder
  23. 2024
    Annual accounts 20241,4 M €↓
  24. 29/05/2024
    reconductionJean-Luc Deleersnyder — bestuurder
  25. 29/05/2024
    reconductionRudy Provoost — bestuurder
  26. 29/05/2024
    reconductionPaul Eelen — commissaris
  27. 2023
    Annual accounts 20231,6 M €↓
  28. 25/05/2023
    reconductionJean-Luc Deleersnyder — bestuurder
  29. 25/05/2023
    reconductionRudy Provoost — bestuurder
  30. 25/05/2023
    reconductionMarion Debruyne — bestuurder
  31. 25/05/2023
    reconductionPatrick De Greve — bestuurder
  32. 25/05/2023
    reconductionRik Van de Walle — bestuurder
  33. 25/05/2023
    reconductionLuc Sels — bestuurder
  34. 25/05/2023
    reconductionIgnace Lemahieu — bestuurder
  35. 25/05/2023
    reconductionWim Desmet — bestuurder
  36. 25/05/2023
    reconductionFilip Abraham — bestuurder
  37. 25/05/2023
    reconductionSophie Manigart — bestuurder
  38. 25/05/2023
    reconductionPhilippe Vlerick — bestuurder
  39. 25/05/2023
    reconductionFrans Muller — bestuurder
  40. 25/05/2023
    reconductionLouis Jonckheere — bestuurder
  41. 25/05/2023
    reconductionKristine De Valck — bestuurder
  42. 25/05/2023
    reconductionJoëlle Huijnen — bestuurder
  43. 25/05/2023
    reconductionMichèle Sioen — bestuurder
  44. 25/05/2023
    reconductionJulio Urgel Varela — bestuurder
  45. 25/05/2023
    reconductionYang Yao — bestuurder
  46. 2022
    Annual accounts 20221,6 M €↑
  47. 24/05/2022
    nominationWim Desmet — bestuurder
  48. 24/05/2022
    reconductionRudy Provoost — bestuurder
  49. 2021
    Annual accounts 2021-1,3 M €↓
  50. 2020
    Annual accounts 2020-509,3 k €↓
  51. 2019
    Annual accounts 2019-416,4 k €↓
  52. 2018
    Annual accounts 2018-98,5 k €↓
  53. 2017
    Annual accounts 2017434,8 k €↑
  54. 2016
    Annual accounts 2016-649,7 k €↓
  55. 2015
    Annual accounts 20151,4 M €↑
  56. 2014
    Annual accounts 2014-814,2 k €↓
  57. 2013
    Annual accounts 20134 M €↑
  58. 2012
    Annual accounts 2012-74 k €↑
  59. 2011
    Annual accounts 2011-395,2 k €↓
  60. 2010
    Annual accounts 20101,5 M €↑
  61. 2009
    Annual accounts 20092 k €↑
  62. 2008
    Annual accounts 2008-4,8 k €↑
  63. 2007
    Annual accounts 2007-5,5 k €↓
  64. 2006
    Annual accounts 2006-3 k €
  65. 12/10/2001
    IncorporationPublic limited company