ACTIVE

VP Capital

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Financial year 2025 · Closed on 31/12/2025

Net result93,1 M €+1 230,2 %over 1 year

Revenue2,7 M €+29,6 %over 1 year

Equity326,5 M €+36,7 %over 1 year

Workforce6,7 ETP+4,7 %over 1 year

Identity

Source · BCE/KBO

VP Capital is a Public limited company incorporated in 2009. Its main activity is: Activities of holding companies. Its registered office is in Turnhout. It employs on average 6,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0812.302.447
Incorporation: 29/05/2009
Legal form: Public limited company
Registered office: Kempenlaan 2A box 1.2
2300 Turnhout · FlandreSee on map
Contributed capital: 183 430 530,87 €
Latest accounts: 31/12/2025
Average workforce: 6,7 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70100Activities of head offices 70100Activities of head offices 64200Activities of holding companies 64210Activities of holding companies+4

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 24 filings

Trend over 16 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	2,7 M €	+29.6%	2,1 M €	+54.1%	1,4 M €	+100%	673,5 k €	+44.9%	464,8 k €
EBITDA	-2,5 M €	+12.9%	-2,8 M €	-16.1%	-2,5 M €	-0.3%	-2,4 M €	-2.6%	-2,4 M €
Operating result	-2,5 M €	+12.1%	-2,9 M €	-16.3%	-2,5 M €	-0.3%	-2,5 M €	-2.6%	-2,4 M €
Net result	93,1 M €	+1230%	-8,2 M €	-99.9%	-4,1 M €	+65.0%	-11,8 M €	-124%	48,4 M €
Balance sheet
Equity	326,5 M €	+36.7%	238,8 M €	-5.4%	252,6 M €	-3.6%	262,1 M €	-6.1%	279 M €
Total assets	386,3 M €	+18.1%	327,1 M €	+10.2%	296,9 M €	+6.7%	278,2 M €	-8.8%	305,1 M €
Cash	114 k €	+36.8%	83,4 k €	-10.1%	92,8 k €	-95.1%	1,9 M €	+874%	193,8 k €
Debts	59,5 M €	-32.7%	88,3 M €	+99.2%	44,3 M €	+176%	16,1 M €	-38.3%	26,1 M €
Other
Workforce	6,7 ETP	+4.7%	6,4 ETP	+167%	2,4 ETP	+33.3%	1,8 ETP	+12.5%	1,6 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 250 M€ and 500 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

4 active · 11 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CT IMPACT0764.899.636Represented by Caroline Thijssen	Director14/11/2024 → 30/06/2029
Valayd0772.361.510Represented by Yvette Go	Director14/11/2024 → 30/06/2027
Elisabeth Meijer	Director01/04/2023 → 30/06/2027
Rudolf Henricus van Puijenbroek	Director27/06/2020 → 30/06/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Yvette Go	Director01/04/2023 → 2024 accounts
Caroline Thijssen	Director27/11/2021 → 2024 accounts

Other companies at this address

Kempenlaan 2A 2300 Turnhout

Company	CBE no.
DE EXPRESSO● Active	0795.508.084
Galibier Holding● Active	0787.424.422
Galibier Management STAK● Active	1039.299.372
GFR Projects● Active	1011.425.334
GINVESTCO BV● Active	0779.888.413
Groep Syntres● Active	1026.702.636
Group K STAK● Active	1039.353.416
JAHANI 1● Active	0725.939.189
JAHANI 2● Active	1013.229.138
Kelvin Projects● Active	0735.763.905
Kelvin Solutions● Active	0643.981.416
Maatschap CRC - KELVIN● Active	1007.707.858
Participatiemaatschappij Epsilon● Active	0795.508.678
Rentres● Active	1025.615.939
Sonical STAK● Active	1039.352.030
Stichting Administratiekantoor VP Beheer● Active	1003.757.780
SYNTRES● Active	0752.727.720
The Collective STAK● Active	1039.372.321
VAN ROEY AUTOMATION● Active	0457.553.651
Van Roey Partnership● Active	0758.580.778

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	06/07/2026	01/07/2025	01/07/2024	11/07/2023	30/06/2022	26/07/2021
General meeting	30/06/2026	30/06/2025	28/06/2024	30/06/2023	04/06/2022	03/07/2021
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, 24 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	06/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	01/07/2025	Dutch	PDF
Consolidated accounts	31/12/2024	30/06/2025	24/07/2025	Dutch	PDF
Full model	31/12/2023	28/06/2024	01/07/2024	Dutch	PDF
Consolidated accounts	31/12/2023	28/06/2024	02/07/2024	Dutch	PDF
Full model	31/12/2022	30/06/2023	11/07/2023	Dutch	PDF
Consolidated accounts	31/12/2022	30/06/2023	05/10/2023	Dutch	PDF
Full model	31/12/2021	04/06/2022	30/06/2022	Dutch	PDF
Full model	31/12/2020	03/07/2021	26/07/2021	Dutch	PDF
Full model	31/12/2019	27/06/2020	22/07/2020	Dutch	PDF
Full modelCorrection	31/12/2018	11/06/2019	22/07/2020	Dutch	PDF
Full model	31/12/2018	11/06/2019	27/06/2019	Dutch	PDF
Full modelCorrection	31/12/2017	11/06/2018	22/07/2020	Dutch	PDF
Full model	31/12/2017	11/06/2018	28/06/2018	Dutch	PDF
Full modelCorrection	31/12/2016	12/06/2017	22/07/2020	Dutch	PDF
Full model	31/12/2016	12/06/2017	19/10/2017	Dutch	PDF
Full modelCorrection	31/12/2015	13/06/2016	22/07/2020	Dutch	PDF
Full model	31/12/2015	13/06/2016	15/07/2016	Dutch	PDF
Full model	31/12/2014	08/06/2015	16/06/2015	Dutch	PDF
Full model	31/12/2013	24/09/2014	30/10/2014	Dutch	PDF
Full model	31/12/2012	10/06/2013	17/07/2013	Dutch	PDF
Full model	31/12/2011	11/06/2012	13/08/2012	Dutch	PDF
Full model	31/12/2010	24/05/2011	17/06/2011	Dutch	PDF
Full model	31/12/2009	14/06/2010	13/07/2010	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 M€ and 500 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

4 active · 11 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
CT IMPACT0764.899.636Represented by Caroline Thijssen	Director14/11/2024 → 30/06/2029
Valayd0772.361.510Represented by Yvette Go	Director14/11/2024 → 30/06/2027
Elisabeth Meijer	Director01/04/2023 → 30/06/2027
Rudolf Henricus van Puijenbroek	Director27/06/2020 → 30/06/2026

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Yvette Go	Director01/04/2023 → 2024 accounts
Caroline Thijssen	Director27/11/2021 → 2024 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/09/2026
Herbenoeming lid Raad van Toezicht
PDF
Mandates03/07/2026
Herbenoeming lid Raad van Toezicht
PDF
Mandates05/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/01/2025
ONTSLAGEN - BENOEMINGEN - DIVERSEN
PDF
Mandates22/11/2024
ONTSLAGEN - BENOEMINGEN
PDF
Registered office25/07/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates28/07/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/06/2022
ONTSLAGEN - BENOEMINGEN
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

Filings16 filings

Mandates

CT IMPACT

Valayd

Elisabeth Meijer

Rudolf Henricus van Puijenbroek

Yvette Go

Caroline Thijssen

Rudolf Hendricus van Puijenbroek

Arend Vos

Brigitte Marie Gisèle Antoine Boone

Johannes Theodorus Maria Saan

August Rudolf Van Puijenbroek

Josephus Joannes Jochems

Show the 3 other mandates

200920102011201220132014201520162017201820192020202120222023202420252026202720282029

VP CapitalBECH

Kempenlaan 2A bte 1.2, 2300 TurnhoutParklaan 46 bte 201, 2300 Turnhout

Director

Managing directorDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kempenlaan 2A bte 1.2, 2300 TurnhoutCurrent	accounts 2024 → 2025	Accounts 2025 · 2026-00254915
Parklaan 46 bte 201, 2300 Turnhout	accounts 2021 → 2023	Accounts 2023 · 2024-00192022

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
VP CapitalCurrent	accounts 2018 → 2025	Accounts 2025 · 2026-00254915
BECH	accounts 2018	Accounts 2018 · 2019-28700600
BECH	accounts 2017	Accounts 2017 · 2018-25200288
VP Capital	accounts 2017	Accounts 2017 · 2020-33300485
BECH	accounts 2016	Accounts 2016 · 2017-67400282
VP Capital	accounts 2016	Accounts 2016 · 2020-33300479
BECH	accounts 2010 → 2015	Accounts 2015 · 2016-33200462
VP Capital	accounts 2015	Accounts 2015 · 2020-33300440

Events

2025
Annual accounts 202593,1 M €↑
2024
Annual accounts 2024-8,2 M €↓
24/10/2024
reconductionPhilippe Venken · commissaris
2023
Annual accounts 2023-4,1 M €↑
01/04/2023
nominationGO, Yvette Sioe Ying · lid van de Raad van toezicht
01/04/2023
nominationMeijer, Elizabeth Rozetta Desiree · lid van de Raad van toezicht
20/03/2023
nominationVAN EYK, Marinus Anthonius · lid van de directieraad
2022
Annual accounts 2022-11,8 M €↓
2021
Annual accounts 202148,4 M €↑
27/11/2021
nominationTHIJSSEN, Caroline
2020
Annual accounts 20205,7 M €↓
2019
Annual accounts 201913,9 M €↑
2018
Annual accounts 201811,2 M €↓
2018
Name changeBECH
2018
Name changeVP Capital
2017
Annual accounts 201717 M €↑
2017
Name changeVP Capital
2017
Name changeBECH
2016
Annual accounts 201610,4 M €↑
2016
Name changeVP Capital
2016
Name changeBECH
2015
Annual accounts 2015-6,9 M €↓
2015
Name changeVP Capital
2014
Annual accounts 2014-267,4 k €↓
2013
Annual accounts 201368 M €↑
2012
Annual accounts 2012-41 M €↑
2011
Annual accounts 2011-82,3 M €↓
2010
Annual accounts 201038,5 M €
29/05/2009
IncorporationPublic limited company

VP Capital

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