ACTIVE

imec.istart Fund

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result-2,5 M €+13,7 %over 1 year
Gross margin-240 k €-6,2 %over 1 year
Equity1,2 M €-0,7 %over 1 year
Workforce0,0 ETP

Identity

Source · BCE/KBO

imec.istart Fund is a Public limited company incorporated in 2017. Its registered office is in Leuven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0672.768.937
Incorporation
16/03/2017
Legal form
Public limited company
Registered office
Kapeldreef 75
3001 Leuven · FlandreSee on map
Contributed capital
23 012 075,00 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 9 filings

Trend over 8 financial years

20252024202320222021
Income statement
Gross margin-240 k €-225,9 k €-191,1 k €-215,8 k €-204,7 k €
EBITDA-449,5 k €-397,5 k €-527,1 k €-237,5 k €-204,7 k €
Operating result-449,5 k €-397,5 k €-527,1 k €-237,5 k €-204,7 k €
Net result-2,5 M €-2,9 M €-1,8 M €-2,8 M €-3,6 M €
Balance sheet
Equity1,2 M €1,2 M €3 M €2,6 M €5,1 M €
Total assets1,2 M €1,2 M €3 M €2,7 M €5,1 M €
Cash590,1 k €910,7 k €3 M €2,6 M €5,1 M €
Debts5,3 k €755,6 €0 €41,4 k €9,7 k €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP––

Valuation

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

11 active · 20 ended

Active mandates

EFIN

Director · since 20 mars 2023 · until 20 mars 2029 · 0472.244.597

Represented by David DE BRABANT

Active
Telenet Group

Director · since 20 mars 2023 · until 20 mars 2029 · 0462.925.669

Represented by Mattias VANDEROOST

Active
BNP Paribas Fortis

Director · since 01 janvier 2023 · until 01 janvier 2029 · 0403.199.702

Represented by Raf Spinoy

Active
ING BELGIQUE

Director · since 01 janvier 2023 · until 01 janvier 2029 · 0403.200.393

Represented by Bertrand Soenen

Active
Vlaamse Gewest

Director · since 01 janvier 2023 · until 01 janvier 2029 · 0220.819.807

Represented by Roeland VAN ROOSBROECK

Active
imec.istart Partners

Managing director · since 24 mai 2022 · until 30 mai 2028 · 0671.820.119

Represented by Sven De Cleyn

Active
De Cronos Groep

Director · since 04 mai 2021 · until 31 mai 2027 · 0467.132.994

Represented by Win Bijnens

Active
Filip Merckx

Chairman of the board of directors · since 04 mai 2021 · until 31 mai 2027

Active
Johan De Boeck

Director · since 04 mai 2021 · until 31 mai 2027

Active
Koen Verhaert

Director · since 04 mai 2021 · until 31 mai 2027

Active
Ludo Kelchtermans

Director · since 04 mai 2021 · until 31 mai 2027

Active

Ended mandates

Bart Ballon

Director · since 04 mai 2021 · until 31 mai 2027

Ended
De Cronos Groep

Director · since 04 mai 2021 · until 31 mai 2027 · 0467.132.994

Represented by Wim Bijnens

Ended
Jozef Behiels

Director · since 04 mai 2021 · until 31 mai 2027

Ended
Kenny Hendryckx

Director · since 04 mai 2021 · until 20 mars 2023

Ended

Other companies at this address

Kapeldreef 75 3001 Leuven
CompanyCBE no.
APPLIED MATERIALS BELGIUM● Active
0452.877.162
ASM Belgium● Active
0468.489.808
COOPERATIEF ONDERNEMEN IN RATIONEEL ENERGIEGEBRUIK● Active
0845.955.806
European Design and Automation Association● Active
0886.958.892
FIDIMEC● Active
0471.513.733
FINLAB● Active
0425.285.315
imec EU pilot line● Active
1004.987.603
IMEC GROEP BTW eenheid● Active
0834.775.664
IMEC International● Active
0817.807.097
imec.istart Partners● Active
0671.820.119
IMEC MNO Group● Active
1014.026.518
imec.xpand● Active
0671.931.371
imec.xpand II● Active
0784.720.102
International Microelectronics and Packaging Society - Benelux● Active
0416.290.841
Interuniversitair Micro-Electronica Centrum● Active
0425.260.668
Lam Research Belgium● Active
0561.862.008
Micron Technology Belgium● Active
0821.825.075
Roger Van Overstraeten Society● Active
0472.880.542
Vereniging van Leraars in de Wetenschappen● Active
0410.880.122
XPAND Partners● Active
0671.820.020

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 date16/07/202630/07/202529/05/202431/05/202324/06/202222/06/2021
General meeting26/05/202630/06/202528/05/202430/05/202324/05/202225/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 9 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202526/05/202616/07/2026DutchPDF
Abridged model31/12/202430/06/202530/07/2025DutchPDF
Abridged model31/12/202328/05/202429/05/2024DutchPDF
Abridged model31/12/202230/05/202331/05/2023DutchPDF
Abridged model31/12/202124/05/202224/06/2022DutchPDF
Abridged model31/12/202025/05/202122/06/2021DutchPDF
Abridged model31/12/201926/05/202024/06/2020DutchPDF
Abridged model31/12/201828/05/201924/06/2019DutchPDF
Abridged model31/12/201729/05/201820/06/2018DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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

11 active · 20 ended

Active mandates

EFIN

Director · since 20 mars 2023 · until 20 mars 2029 · 0472.244.597

Represented by David DE BRABANT

Active
Telenet Group

Director · since 20 mars 2023 · until 20 mars 2029 · 0462.925.669

Represented by Mattias VANDEROOST

Active
BNP Paribas Fortis

Director · since 01 janvier 2023 · until 01 janvier 2029 · 0403.199.702

Represented by Raf Spinoy

Active
ING BELGIQUE

Director · since 01 janvier 2023 · until 01 janvier 2029 · 0403.200.393

Represented by Bertrand Soenen

Active
Vlaamse Gewest

Director · since 01 janvier 2023 · until 01 janvier 2029 · 0220.819.807

Represented by Roeland VAN ROOSBROECK

Active
imec.istart Partners

Managing director · since 24 mai 2022 · until 30 mai 2028 · 0671.820.119

Represented by Sven De Cleyn

Active
De Cronos Groep

Director · since 04 mai 2021 · until 31 mai 2027 · 0467.132.994

Represented by Win Bijnens

Active
Filip Merckx

Chairman of the board of directors · since 04 mai 2021 · until 31 mai 2027

Active
Johan De Boeck

Director · since 04 mai 2021 · until 31 mai 2027

Active
Koen Verhaert

Director · since 04 mai 2021 · until 31 mai 2027

Active
Ludo Kelchtermans

Director · since 04 mai 2021 · until 31 mai 2027

Active

Ended mandates

Bart Ballon

Director · since 04 mai 2021 · until 31 mai 2027

Ended
De Cronos Groep

Director · since 04 mai 2021 · until 31 mai 2027 · 0467.132.994

Represented by Wim Bijnens

Ended
Jozef Behiels

Director · since 04 mai 2021 · until 31 mai 2027

Ended
Kenny Hendryckx

Director · since 04 mai 2021 · until 20 mars 2023

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates27/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/11/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates10/05/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/10/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/06/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates19/01/2018
    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. 2025
    Annual accounts 2025-2,5 M €↑
  2. 2024
    Annual accounts 2024-2,9 M €↓
  3. 2023
    Annual accounts 2023-1,8 M €↑
  4. 2022
    Annual accounts 2022-2,8 M €↑
  5. 2021
    Annual accounts 2021-3,6 M €↓
  6. 2019
    Annual accounts 2019-1,8 M €↓
  7. 2018
    Annual accounts 2018-1,6 M €↓
  8. 2017
    Annual accounts 2017-894,7 k €
  9. 16/03/2017
    IncorporationPublic limited company