ACTIVE

Vlaams investerings- en innovatiefonds CM-Vlaanderen

Financial year 2025 · Closed on 31/12/2025

Net result-2 M €+66,3 %over 1 year
Revenue30,3 k €-24,5 %over 1 year
Equity1,3 M €-59,9 %over 1 year

Identity

Source · BCE/KBO

Vlaams investerings- en innovatiefonds CM-Vlaanderen is a Public utility foundation incorporated in 2019. Its main activity is: Other business support service activities n.e.c.. Its registered office is in Schaerbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0722.769.368
Incorporation
14/03/2019
Legal form
Public utility foundation
Registered office
Chaussée de Haecht 579
1030 Schaerbeek · BruxellesSee on map
Latest accounts
31/12/2025
Signals
Solid equityLow riskGood liquidity

Financials

Source · NBB, 7 filings

Trend over 7 financial years

20252024202320222021
Income statement
Revenue30,3 k €40,2 k €14,6 k €3,8 k €–
EBITDA-152,2 k €-22,5 k €1,4 M €9,2 M €-307,7 k €
Operating result-188,5 k €-22,5 k €1,4 M €9,2 M €-307,7 k €
Net result-2 M €-5,8 M €1,3 M €1,9 M €-307,7 k €
Balance sheet
Equity1,3 M €3,3 M €3,7 M €2,4 M €515,8 k €
Total assets1,3 M €3,3 M €3,8 M €2,4 M €546 k €
Cash8,7 k €222,7 k €56,6 k €33,5 k €23,3 k €
Debts9,2 k €8,9 k €1,7 k €14,7 k €30,3 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Elke Grooten
Directorsince 20/11/2024
Hilde De Wolf
Schatbewaardersince 15/02/2023
Ilse Gorissen
Directorsince 15/02/2023
Wouter Degrève
Chairman of the board of directorssince 15/02/2023
Bart De Ruysscher
Managing directorsince 01/01/2020
Guido Schelfaut
Directorsince 01/01/2020

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Geert Vansteenkiste
Schatbewaardersince 24/10/2018Mandate
Guido Helsen
Chairman of the board of directorssince 24/10/2018
Steven Van De Velde
Directorsince 24/10/2018

Other companies at this address

Chaussée de Haecht 579 1030 Schaerbeek

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 date21/05/202605/06/202512/06/202404/07/202309/12/202212/05/2021
General meeting20/05/202621/05/202515/05/202417/05/202308/11/202211/05/2021
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, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202520/05/202621/05/2026DutchPDF
Abridged model31/12/202421/05/202505/06/2025DutchPDF
Abridged model31/12/202315/05/202412/06/2024DutchPDF
Abridged model31/12/202217/05/202304/07/2023DutchPDF
Abridged model31/12/202108/11/202209/12/2022DutchPDF
Abridged model31/12/202011/05/202112/05/2021DutchPDF
Abridged model31/12/201925/03/202012/05/2021DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Elke Grooten
Directorsince 20/11/2024
Hilde De Wolf
Schatbewaardersince 15/02/2023
Ilse Gorissen
Directorsince 15/02/2023
Wouter Degrève
Chairman of the board of directorssince 15/02/2023
Bart De Ruysscher
Managing directorsince 01/01/2020
Guido Schelfaut
Directorsince 01/01/2020

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Geert Vansteenkiste
Schatbewaardersince 24/10/2018Mandate
Guido Helsen
Chairman of the board of directorssince 24/10/2018
Steven Van De Velde
Directorsince 24/10/2018

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates01/07/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/02/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/05/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates01/03/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/02/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates21/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other18/03/2019
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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
Filings7 filings
Mandates
Elke Grooten
Ilse Gorissen
Hilde De Wolf
Wouter Degrève
Guido Schelfaut
Bart De Ruysscher
Guido Helsen
Geert Vansteenkiste
Steven Van De Velde
201820192020202120222023202420252026
Vlaams investerings- en innovatiefonds CM-Vlaanderen
Chaussée de Haecht 579, 1030 Schaerbeek
Director
Director
Schatbewaarder
Chairman of the board of directors
Director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Chaussée de Haecht 579, 1030 SchaerbeekCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00118661

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
Vlaams investerings- en innovatiefonds CM-VlaanderenCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00118661

Events

  1. 2025
    Annual accounts 2025-2 M €↑
  2. 2024
    Annual accounts 2024-5,8 M €↓
  3. 2023
    Annual accounts 20231,3 M €↓
  4. 2022
    Annual accounts 20221,9 M €↑
  5. 2021
    Annual accounts 2021-307,7 k €↓
  6. 2020
    Annual accounts 2020-139,2 €↑
  7. 2019
    Annual accounts 2019-195,5 k €
  8. 14/03/2019
    IncorporationPublic utility foundation