ACTIVE

Aphea.Bio

Financial year 2025 · closed on 31/12/2025
Net result
-14,1 M €
+3.1% YoY
Revenue
14,1 k €
-38.6% YoY
Equity
11,4 M €
-55.2% YoY
Workforce
56,9 ETP
+0.5% YoY

What does Aphea.Bio do?

Aphea.Bio is a Public limited company incorporated in 2016. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Gent. It employs on average 56,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0666.961.607
Incorporation
05/12/2016
Legal form
Public limited company
Registered office
Technologiepark-Zwijnaarde 21
9052 Gent · FlandreSee on map
Contributed capital
51 955 311,87 €
Latest accounts
31/12/2025
Average workforce
56,9 ETP
Joint committees (3)
  • 207
  • 20700
  • 207000
Contacts
3 public details availableLog in to view
Signals
Solid equityGood liquidityHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 7 financial years

2025202420232022202120182017
Income statement
Revenue14,1 k €23 k €
EBITDA-2,1 M €-2,5 M €-2,7 M €-7,7 M €-5,6 M €-2 M €-1,1 M €
Operating result-15,1 M €-15,2 M €-12,7 M €-8,1 M €-6,1 M €-2,3 M €-1,3 M €
Net result-14,1 M €-14,5 M €-11,9 M €-7,8 M €-5,8 M €-2,2 M €-1,3 M €
Balance sheet
Equity11,4 M €25,5 M €16,5 M €5,3 M €13,1 M €2,6 M €4,8 M €
Total assets16,2 M €30,4 M €19,9 M €7,3 M €15,9 M €4,2 M €6,3 M €
Cash580,9 k €949,3 k €1,1 M €3,9 M €11,8 M €1,4 M €3,7 M €
Debts2,4 M €2,7 M €2,4 M €1,5 M €1 M €441,1 k €245,7 k €
Other
Workforce56,9 ETP56,6 ETP46,7 ETP39,3 ETP31,1 ETP12,4 ETP7,3 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 11 active · 41 ended

Active mandates

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 06 juillet 2026 · until 28 avril 2032 · 0253.445.063

Represented by Peter De Decker

Active
Hartmut van Lengerich

Director · since 27 novembre 2025 · until 28 avril 2032

Active
Stéphane Roussel

Director · since 27 novembre 2025 · until 06 juillet 2026

Active
Hendrik Van Asbroeck

Director · since 21 mai 2025 · until 06 juillet 2026

Active
Isabelle Laurencin

Director · since 21 mai 2025 · until 27 novembre 2025

Active
Hadyn Parry

Director · since 05 décembre 2023 · until 07 janvier 2026

Active
Innovation Industries Management III B.V. BV

Director · since 20 juillet 2023 · until 28 avril 2032 · 0804.017.459

Represented by Caaj Greebe

Active
Isabel Vercauteren

Director · since 20 juillet 2023 · until 28 avril 2032

Active
KORYS MANAGEMENT

Director · since 20 juillet 2023 · until 28 avril 2032 · 0885.971.571

Represented by David Devigne

Active
Laetitia De Panafieu

Director · since 20 juillet 2023 · until 21 mai 2025

Active
Agri Investment Fund

Director · since 30 septembre 2021 · until 28 avril 2032 · 0893.885.781

Represented by Berckmans Barbara

Active

Ended mandates

Laetitia de Panafieu

Director · since 17 avril 2024 · until 17 avril 2030

Ended
Hadyn Parry

Director · since 05 décembre 2023 · until 05 décembre 2029

Ended
Agri Investment Fund

Director · since 20 juillet 2023 · until 20 juillet 2029 · 0893.885.781

Represented by Barbara Berckmans

Ended
Innovation Industries Management III B.V.

Director · since 20 juillet 2023 · until 20 juillet 2029 · 0804.017.459

Represented by Greebe CAAJ

Ended
At this address

Other companies at this address

CompanyCBE no.
ABLYNXActive
0475.295.446
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull 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 date21/08/202620/06/202518/07/202420/07/202304/07/202203/06/2021
General meeting22/07/202621/05/202527/06/202412/07/202327/04/202228/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

10 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202522/07/202621/08/2026DutchPDF
Full model31/12/202421/05/202520/06/2025DutchPDF
Abridged model31/12/202327/06/202418/07/2024DutchPDF
Abridged model31/12/202212/07/202320/07/2023DutchPDF
Abridged model31/12/202127/04/202204/07/2022DutchPDF
Abridged model31/12/202028/04/202103/06/2021DutchPDF
Abridged modelCorrection31/12/201930/06/202026/02/2021DutchPDF
Abridged model31/12/201930/06/202010/07/2020DutchPDF
Abridged model31/12/201824/04/201923/05/2019DutchPDF
Abridged model31/12/201725/04/201808/05/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 11 active · 41 ended

Active mandates

SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 06 juillet 2026 · until 28 avril 2032 · 0253.445.063

Represented by Peter De Decker

Active
Hartmut van Lengerich

Director · since 27 novembre 2025 · until 28 avril 2032

Active
Stéphane Roussel

Director · since 27 novembre 2025 · until 06 juillet 2026

Active
Hendrik Van Asbroeck

Director · since 21 mai 2025 · until 06 juillet 2026

Active
Isabelle Laurencin

Director · since 21 mai 2025 · until 27 novembre 2025

Active
Hadyn Parry

Director · since 05 décembre 2023 · until 07 janvier 2026

Active
Innovation Industries Management III B.V. BV

Director · since 20 juillet 2023 · until 28 avril 2032 · 0804.017.459

Represented by Caaj Greebe

Active
Isabel Vercauteren

Director · since 20 juillet 2023 · until 28 avril 2032

Active
KORYS MANAGEMENT

Director · since 20 juillet 2023 · until 28 avril 2032 · 0885.971.571

Represented by David Devigne

Active
Laetitia De Panafieu

Director · since 20 juillet 2023 · until 21 mai 2025

Active
Agri Investment Fund

Director · since 30 septembre 2021 · until 28 avril 2032 · 0893.885.781

Represented by Berckmans Barbara

Active

Ended mandates

Laetitia de Panafieu

Director · since 17 avril 2024 · until 17 avril 2030

Ended
Hadyn Parry

Director · since 05 décembre 2023 · until 05 décembre 2029

Ended
Agri Investment Fund

Director · since 20 juillet 2023 · until 20 juillet 2029 · 0893.885.781

Represented by Barbara Berckmans

Ended
Innovation Industries Management III B.V.

Director · since 20 juillet 2023 · until 20 juillet 2029 · 0804.017.459

Represented by Greebe CAAJ

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other14/08/2026
    Hernieuwing mandaat commissaris
    PDF
  • Mandates30/03/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/12/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/11/2024
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares12/07/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Capital / shares28/02/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates02/02/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates31/07/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN - 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

Timeline

  1. 2025
    Annual accounts 2025-14,1 M €
  2. 2024
    Annual accounts 2024-14,5 M €
  3. 2023
    Annual accounts 2023-11,9 M €
  4. 2022
    Annual accounts 2022-7,8 M €
  5. 2021
    Annual accounts 2021-5,8 M €
  6. 2018
    Annual accounts 2018-2,2 M €
  7. 2017
    Annual accounts 2017-1,3 M €
  8. 05/12/2016
    IncorporationPublic limited company