ACTIVE

GEMMA FRISIUS-FONDS KU LEUVEN

Financial year 2025 · Closed on 31/12/2025

Net result-585,4 k €+74,7 %over 1 year

Equity57 M €+51,6 %over 1 year

Workforce2,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

GEMMA FRISIUS-FONDS KU LEUVEN is a Public limited company incorporated in 2002. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Leuven. It employs on average 2,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0477.960.372
Incorporation: 10/07/2002
Legal form: Public limited company
Registered office: Waaistraat 6
3000 Leuven · FlandreSee on map
Contributed capital: 65 500 000,00 €
Latest accounts: 31/12/2025
Average workforce: 2,0 ETP

Activities (NACE)

74875Other professional, scientific and technical activities· main 82990Other business support service activities n.e.c.82990Other business support service activities n.e.c.

Joint committees (2)

Signals

Solid equityLow riskGood liquidityHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	–		–		5 k €	-22.5%	6,5 k €	0.0%	6,5 k €
EBITDA	-807,2 k €	+0.1%	-808,3 k €	-10.2%	-733,8 k €	+0.8%	-739,7 k €	-5.1%	-703,8 k €
Operating result	-807,2 k €	+0.1%	-808,3 k €	-10.2%	-733,8 k €	+0.8%	-739,7 k €	-5.1%	-703,8 k €
Net result	-585,4 k €	+74.7%	-2,3 M €	-16.1%	-2 M €	-243%	-581,4 k €	+53.1%	-1,2 M €
Balance sheet
Equity	57 M €	+51.6%	37,6 M €	-5.8%	39,9 M €	-4.8%	41,9 M €	-1.4%	42,5 M €
Total assets	57,2 M €	+19.7%	47,8 M €	+18.8%	40,2 M €	-4.5%	42,1 M €	-1.3%	42,7 M €
Cash	15,3 M €	-20.2%	19,2 M €	-9.5%	21,2 M €	+36.8%	15,5 M €	+9.2%	14,2 M €
Debts	190 k €	-98.1%	10,2 M €	+3280%	301,5 k €	+56.6%	192,5 k €	+13.8%	169,2 k €
Other
Workforce	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 ETP	0.0%	2,0 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

6 active · 12 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BNP Paribas Fortis Private Equity Management0438.091.788Represented by Raf Moons	MandateDirector17/02/2011 → 29/05/2026ended
Isabelle Cardinael	MandateDirector17/04/2013 → 29/05/2026ended
Paul Van Dun	MandateVoor de OFP, de uitvoering van het algemeen beleid van het organisme30/05/2020 → 29/05/2026endedChairman of the board of directors30/05/2020 → 29/05/2026endedDirector11/04/2009 → 29/05/2020endedManaging director03/07/2002 → 29/05/2020ended
Raf Spinoy	MandateDirector01/12/2016 → 29/05/2026ended
Rudi Cuyvers	MandateManaging director30/05/2020 → 29/05/2026ended
Tim Derycke	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Koen Schrever	Director06/03/2018 → 29/05/2026
Arts Umberto	Director31/05/2014 → 29/05/2020
BNP PARIBAS FORTIS PRIVATE EQUITY BELGIUM0421.883.286Represented by Luc Weverbergh	Director31/05/2014 → 29/05/2020

Other companies at this address

Waaistraat 6 3000 Leuven

Company	CBE no.
Leuven innovatie● Active	0412.834.770
RegMed XB Flanders● Active	0787.588.431
Wetenschapspark Leuven Noord● Active	0759.838.315

Full financial information

Source · NBB

	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	24/07/2026	30/06/2025	18/06/2024	08/06/2023	02/06/2022	08/06/2021
General meeting	26/06/2026	30/05/2025	31/05/2024	26/05/2023	27/05/2022	28/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	26/06/2026	24/07/2026	Dutch	PDF
Full model	31/12/2024	30/05/2025	30/06/2025	Dutch	PDF
Full model	31/12/2023	31/05/2024	18/06/2024	Dutch	PDF
Full model	31/12/2022	26/05/2023	08/06/2023	Dutch	PDF
Full model	31/12/2021	27/05/2022	02/06/2022	Dutch	PDF
Full model	31/12/2020	28/05/2021	08/06/2021	Dutch	PDF
Full model	31/12/2019	29/05/2020	11/06/2020	Dutch	PDF
Full model	31/12/2018	31/05/2019	24/06/2019	Dutch	PDF
Full model	31/12/2017	25/05/2018	21/06/2018	Dutch	PDF
Full model	31/12/2016	26/05/2017	22/06/2017	Dutch	PDF
Full model	31/12/2015	27/05/2016	24/06/2016	Dutch	PDF
Full model	31/12/2014	29/05/2015	24/06/2015	Dutch	PDF
Full model	31/12/2013	30/05/2014	26/06/2014	Dutch	PDF
Full model	31/12/2012	31/05/2013	06/06/2013	Dutch	PDF
Full model	31/12/2011	25/05/2012	21/06/2012	Dutch	PDF
Full model	31/12/2010	27/05/2011	05/07/2011	Dutch	PDF
Full model	31/12/2009	28/05/2010	25/06/2010	Dutch	PDF
Full model	31/12/2008	29/05/2009	25/06/2009	Dutch	PDF
Full model	31/12/2007	30/05/2008	30/06/2008	Dutch	PDF
Full model	31/12/2006	25/05/2007	26/07/2007	Dutch	PDF

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

6 active · 12 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
BNP Paribas Fortis Private Equity Management0438.091.788Represented by Raf Moons	MandateDirector17/02/2011 → 29/05/2026ended
Isabelle Cardinael	MandateDirector17/04/2013 → 29/05/2026ended
Paul Van Dun	MandateVoor de OFP, de uitvoering van het algemeen beleid van het organisme30/05/2020 → 29/05/2026endedChairman of the board of directors30/05/2020 → 29/05/2026endedDirector11/04/2009 → 29/05/2020endedManaging director03/07/2002 → 29/05/2020ended
Raf Spinoy	MandateDirector01/12/2016 → 29/05/2026ended
Rudi Cuyvers	MandateManaging director30/05/2020 → 29/05/2026ended
Tim Derycke	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Koen Schrever	Director06/03/2018 → 29/05/2026
Arts Umberto	Director31/05/2014 → 29/05/2020
BNP PARIBAS FORTIS PRIVATE EQUITY BELGIUM0421.883.286Represented by Luc Weverbergh	Director31/05/2014 → 29/05/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates22/05/2026
ONTSLAGEN - BENOEMINGEN
PDF
Other07/01/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other18/02/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates24/06/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates12/07/2021
ONTSLAGEN - BENOEMINGEN
PDF
Other08/02/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - BENAMING
PDF
Mandates06/07/2020
ONTSLAGEN - BENOEMINGEN
PDF
Other27/02/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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

BNP Paribas Fortis Private Equity Management

Isabelle Cardinael

Rudi Cuyvers

Raf Spinoy

Paul Van Dun

Koen Schrever

BNP PARIBAS FORTIS PRIVATE EQUITY BELGIUM

Umberto Arts

Koenraad Debackere

Jan Alexander

Luc Gijsens

ALEXANDRA BUEKENS

and 5 more mandates

2002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

GEMMA FRISIUS-FONDS KU LEUVENGEMMA FRISIUS-FONDS K.U.LEUVENGEMMA FRISIUS - FONDS K.U.LEUVENGEMMA FRISIUS - FONDS K.U.LEUVEN II

Waaistraat 6, 3000 Leuven

Director

Managing director

Director

Voor de OFP, de uitvoering van het algemeen beleid van het organismeChairman of the board of directorsDirectorManaging director

Director

Chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Waaistraat 6, 3000 LeuvenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00338441

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
GEMMA FRISIUS-FONDS KU LEUVENCurrent	accounts 2023 → 2025	Accounts 2025 · 2026-00338441
GEMMA FRISIUS-FONDS K.U.LEUVEN	accounts 2021 → 2022	Accounts 2022 · 2023-00113323
GEMMA FRISIUS-FONDS KU LEUVEN	accounts 2020	Accounts 2020 · 2021-18100084
GEMMA FRISIUS - FONDS K.U.LEUVEN	accounts 2010 → 2019	Accounts 2019 · 2020-16100417
GEMMA FRISIUS - FONDS K.U.LEUVEN II	accounts 2007 → 2008	Accounts 2008 · 2009-31400123

Events

2025
Annual accounts 2025-585,4 k €↑
2024
Annual accounts 2024-2,3 M €↓
2023
Annual accounts 2023-2 M €↓
2023
Name changeGEMMA FRISIUS-FONDS KU LEUVEN
2022
Annual accounts 2022-581,4 k €↑
2021
Annual accounts 2021-1,2 M €↓
2021
Name changeGEMMA FRISIUS-FONDS K.U.LEUVEN
2020
Annual accounts 2020-82,6 k €↑
2020
Name changeGEMMA FRISIUS-FONDS KU LEUVEN
2019
Annual accounts 2019-654,1 k €↓
2018
Annual accounts 2018381,7 k €↑
2017
Annual accounts 2017-335,7 k €↓
2016
Annual accounts 2016-198,4 k €↓
2015
Annual accounts 20154 M €↑
2014
Annual accounts 20141,3 M €↑
2013
Annual accounts 2013-1,3 M €↑
2012
Annual accounts 2012-2 M €↓
2011
Annual accounts 2011-1,1 M €↓
2010
Annual accounts 2010-809,9 k €↑
2010
Name changeGEMMA FRISIUS - FONDS K.U.LEUVEN
2008
Annual accounts 2008-852,4 k €↓
2007
Annual accounts 2007120,3 k €
10/07/2002
IncorporationPublic limited company

GEMMA FRISIUS-FONDS KU LEUVEN

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events