ACTIVE

AstriVax Therapeutics

Financial year 2025 · Closed on 31/12/2025

Net result-7,7 M €+6,6 %over 1 year
Equity10,7 M €-41,7 %over 1 year
Workforce17,1 ETP-12,3 %over 1 year

Identity

Source · BCE/KBO

AstriVax Therapeutics is a Public limited company incorporated in 2022. Its main activity is: Research and experimental development on natural sciences and engineering. Its registered office is in Leuven. It employs on average 17,1 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0787.990.881
Incorporation
04/07/2022
Legal form
Public limited company
Registered office
Gaston Geenslaan 3 box 4
3001 Leuven · FlandreSee on map
Contributed capital
15 770 455,92 €
Latest accounts
31/12/2025
Average workforce
17,1 ETP
Joint committees (2)
  • 20700
  • 207000
Signals
Solid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 5 filings

Trend over 3 financial years

202520242023
Income statement
Gross margin––-5,3 M €
EBITDA240 k €-8,6 M €-6,4 M €
Operating result-8,2 M €-9,1 M €-7 M €
Net result-7,7 M €-8,2 M €-6,7 M €
Balance sheet
Equity10,7 M €18,3 M €14,5 M €
Total assets12,5 M €21,5 M €20 M €
Cash3,2 M €10,1 M €3,4 M €
Debts978,2 k €1,8 M €1,6 M €
Other
Workforce17,1 ETP19,5 ETP12,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 6 ended

Active mandates

Dieter Karl Weinand

Director · since 10 juin 2025 · until 25 avril 2031

Active
Halina Novak

Director · since 01 octobre 2024

Active
Evan Castiglia

Director · since 06 juillet 2023 · until 28 avril 2028

Active
Jeanne Bolger

Director · since 09 septembre 2022 · until 08 septembre 2028

Active
Bart Geers

Director · since 15 juillet 2022 · until 28 avril 2028

Active
HanXelle

Director · since 15 juillet 2022 · until 28 avril 2028 · 0770.650.449

Represented by Hanne CALLEWAERT

Active
OMX EUROPE VENTURE FUND FPCI BO

Director · since 15 juillet 2022 · until 28 avril 2028 · 0774.597.656

Represented by Eva Van Overmeire

Active
Participatiemaatschappij Vlaanderen

Director · since 15 juillet 2022 · until 28 avril 2028 · 0455.777.660

Represented by Bart De Taeye

Active
Shelley Margetson

Director · since 15 juillet 2022 · until 28 avril 2028

Active

Ended mandates

Halina Novak

Director · since 01 octobre 2024 · until 28 avril 2028

Ended
Caroline Goddeeris

Director · since 15 juillet 2022 · until 01 octobre 2024

Ended
Caroline Goddeeris

Director · since 15 juillet 2022 · until 28 avril 2028

Ended
HanXelle

Director · since 15 juillet 2022 · until 28 avril 2028 · 0770.650.449

Represented by Callewaert HANNE

Ended

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Perseus Biomics● Active
0650.946.412
QUOMAK● Active
0448.488.111
0682.626.216
1040.853.946
0802.591.262
1039.565.628

Full financial information

Source · NBB
202520242023
Type of accountFull modelFull modelAbridged model
Start of the financial year01/01/202501/01/202430/06/2022
Closing of the financial year31/12/202531/12/202431/12/2023
Length of the financial year12 months12 months19 months
Filing date21/05/202623/07/202523/07/2025
General meeting24/04/202625/04/202526/04/2024
Currency of the financial yearEUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202524/04/202621/05/2026DutchPDF
Full model31/12/202425/04/202523/07/2025DutchPDF
Abridged modelCorrection31/12/202326/04/202423/07/2025DutchPDF
Abridged modelCorrection31/12/202326/04/202407/01/2025DutchPDF
Abridged model31/12/202326/04/202426/06/2024DutchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

9 active · 6 ended

Active mandates

Dieter Karl Weinand

Director · since 10 juin 2025 · until 25 avril 2031

Active
Halina Novak

Director · since 01 octobre 2024

Active
Evan Castiglia

Director · since 06 juillet 2023 · until 28 avril 2028

Active
Jeanne Bolger

Director · since 09 septembre 2022 · until 08 septembre 2028

Active
Bart Geers

Director · since 15 juillet 2022 · until 28 avril 2028

Active
HanXelle

Director · since 15 juillet 2022 · until 28 avril 2028 · 0770.650.449

Represented by Hanne CALLEWAERT

Active
OMX EUROPE VENTURE FUND FPCI BO

Director · since 15 juillet 2022 · until 28 avril 2028 · 0774.597.656

Represented by Eva Van Overmeire

Active
Participatiemaatschappij Vlaanderen

Director · since 15 juillet 2022 · until 28 avril 2028 · 0455.777.660

Represented by Bart De Taeye

Active
Shelley Margetson

Director · since 15 juillet 2022 · until 28 avril 2028

Active

Ended mandates

Halina Novak

Director · since 01 octobre 2024 · until 28 avril 2028

Ended
Caroline Goddeeris

Director · since 15 juillet 2022 · until 01 octobre 2024

Ended
Caroline Goddeeris

Director · since 15 juillet 2022 · until 28 avril 2028

Ended
HanXelle

Director · since 15 juillet 2022 · until 28 avril 2028 · 0770.650.449

Represented by Callewaert HANNE

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates19/06/2025
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other28/03/2025
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING
    PDF
  • Mandates07/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/10/2024
    MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares31/07/2024
    KAPITAAL - AANDELEN
    PDF
  • Mandates24/11/2023
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/09/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates18/08/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
    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 2025-7,7 M €↑
  2. 2025
    Name changeAstriVax Therapeutics
  3. 2024
    Annual accounts 2024-8,2 M €↓
  4. 2023
    Annual accounts 2023-6,7 M €
  5. 2023
    Name changeAstriVax
  6. 04/07/2022
    IncorporationPublic limited company