ACTIVE

PMV Fund Management

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Financial year 2025 · Closed on 31/12/2025

Net result622,7 k €-8,5 %over 1 year

Revenue6,4 M €-9,3 %over 1 year

Equity3,7 M €+20,4 %over 1 year

Workforce8,0 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

PMV Fund Management is a Public limited company incorporated in 2011. Its main activity is: Activities of holding companies. Its registered office is in Bruxelles. It employs on average 8,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0837.927.372
Incorporation: 15/07/2011
Legal form: Public limited company
Registered office: Rue du Vieux Marché aux Grains 63
1000 Bruxelles · BruxellesSee on map
Contributed capital: 250 000,00 €
Latest accounts: 31/12/2025
Average workforce: 8,0 ETP

Activities (NACE)

64200Activities of holding companies· main 64210Activities of holding companies 70200Management consultancy activities 70220Business and other management consultancy activities

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 14 filings

Trend over 14 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	6,4 M €	-9.3%	7 M €	+13.4%	6,2 M €	+18.4%	5,2 M €	+105%	2,5 M €
EBITDA	798,2 k €	-1.1%	807,2 k €	-38.4%	1,3 M €	+53.0%	856,4 k €	+334%	-366,1 k €
Operating result	796 k €	-1.1%	804,7 k €	-38.5%	1,3 M €	+52.9%	855,9 k €	+333%	-366,6 k €
Net result	622,7 k €	-8.5%	680,8 k €	-36.9%	1,1 M €	+69.3%	637,2 k €	+285%	-344 k €
Balance sheet
Equity	3,7 M €	+20.4%	3,1 M €	+28.7%	2,4 M €	+83.2%	1,3 M €	+96.7%	659 k €
Total assets	5,8 M €	+3.9%	5,6 M €	-35.5%	8,7 M €	+73.7%	5 M €	+83.0%	2,7 M €
Cash	5,2 M €	+15.1%	4,5 M €	-25.9%	6,1 M €	+91.9%	3,2 M €	+209%	1 M €
Debts	2,1 M €	-15.9%	2,5 M €	-59.7%	6,3 M €	+70.2%	3,7 M €	+79.5%	2,1 M €
Other
Workforce	8,0 ETP	0.0%	8,0 ETP	+45.5%	5,5 ETP	+37.5%	4,0 ETP	+186%	1,4 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

4 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Geert Diericx	Director09/11/2020 → 04/05/2027
Michel Casselman	Director09/11/2020 → 04/05/2027
Marc Vermeiren	Chairman of the board of directors21/10/2021 → 04/05/2027Director21/10/2021 → 2021 accountsended
Tine Vandenbussche	Director21/10/2021 → 04/05/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Participatiemaatschappij Vlaanderen0455.777.660Represented by Tine Vandenbussche	Director16/08/2021 → 20/10/2021Chairman of the board of directors02/05/2017 → 2018 accounts
Elke Van de Walle	Director09/11/2020 → 2021 accounts

Other companies at this address

Rue du Vieux Marché aux Grains 63 1000 Bruxelles

Company	CBE no.
ARKimedes-Fonds● Liquidation	0874.381.358
ARKIMEDES MANAGEMENT● Active	0863.557.445
Aurora Pyxis● Active	1030.884.326
Avante Biocapital Advisers● Active	1015.606.925
AWT Gent● Active	0695.459.118
Belgian Growth Fund I● Active	0725.901.280
Belgian Growth Fund II● Active	1017.591.960
BGF II Management● Active	1016.285.133
BGF Management● Active	0725.850.010
BIOTECH FONDS VLAANDEREN● Active	0454.215.168
CASUAL CYCLING CLUB● Active	1008.954.903
Circeaulair I● Active	0802.470.607
EPICO Co-Investment Platform● Active	0671.568.414
EPICo II● Active	0786.413.840
EPICo II Water● Active	0802.109.727
EPICo II Wind● Active	0787.696.121
European Projects Investment Company● Active	0671.531.097
Fietsersbond● Active	0455.348.880
Flanders Future Techfund● Active	0729.794.445
GIGARANT● Active	0811.389.162

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	07/05/2026	26/05/2025	27/05/2024	08/05/2023	09/05/2022	18/05/2021
General meeting	05/05/2026	09/05/2025	07/05/2024	02/05/2023	03/05/2022	04/05/2021
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, 14 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	05/05/2026	07/05/2026	Dutch	PDF
Full model	31/12/2024	09/05/2025	26/05/2025	Dutch	PDF
Full model	31/12/2023	07/05/2024	27/05/2024	Dutch	PDF
Full model	31/12/2022	02/05/2023	08/05/2023	Dutch	PDF
Full model	31/12/2021	03/05/2022	09/05/2022	Dutch	PDF
Full model	31/12/2020	04/05/2021	18/05/2021	Dutch	PDF
Full model	31/12/2019	05/05/2020	28/05/2020	Dutch	PDF
Full model	31/12/2018	07/05/2019	22/05/2019	Dutch	PDF
Full model	31/12/2017	02/05/2018	14/05/2018	Dutch	PDF
Full model	31/12/2016	02/05/2017	29/05/2017	Dutch	PDF
Full model	31/12/2015	03/05/2016	18/05/2016	Dutch	PDF
Full model	31/12/2014	05/05/2015	19/05/2015	Dutch	PDF
Full model	31/12/2013	06/05/2014	13/05/2014	Dutch	PDF
Full model	31/12/2012	07/05/2013	03/06/2013	Dutch	PDF

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

4 active · 7 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Geert Diericx	Director09/11/2020 → 04/05/2027
Michel Casselman	Director09/11/2020 → 04/05/2027
Marc Vermeiren	Chairman of the board of directors21/10/2021 → 04/05/2027Director21/10/2021 → 2021 accountsended
Tine Vandenbussche	Director21/10/2021 → 04/05/2027

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Participatiemaatschappij Vlaanderen0455.777.660Represented by Tine Vandenbussche	Director16/08/2021 → 20/10/2021Chairman of the board of directors02/05/2017 → 2018 accounts
Elke Van de Walle	Director09/11/2020 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Other25/09/2026
Update delegatie dagelijks bestuur - Update bijzondere delegaties - Update
PDF
Mandates27/08/2026
Ontslag bestuurder
PDF
Mandates17/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/10/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates27/06/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/06/2021
KAPITAAL - AANDELEN - 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

Filings14 filings

Mandates

Geert Diericx

Michel Casselman

Marc Vermeiren

Tine Vandenbussche

Participatiemaatschappij Vlaanderen

Elke Van de Walle

Philip Borremans

Lugo bvba

JVAST-Consulting

LUGOST

Katleen Marien

20112012201320142015201620172018201920202021202220232024202520262027

PMV Fund Management

Rue du Vieux Marché aux Grains 63, 1000 Brussels

Director

Chairman of the board of directors

Director

Chairman of the board of directorsDirector

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue du Vieux Marché aux Grains 63, 1000 BrusselsCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00106597

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
PMV Fund ManagementCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00106597

Events

2025
Annual accounts 2025622,7 k €↓
2024
Annual accounts 2024680,8 k €↓
2023
Annual accounts 20231,1 M €↑
2022
Annual accounts 2022637,2 k €↑
2021
Annual accounts 2021-344 k €↓
2020
Annual accounts 202077,8 k €↓
2019
Annual accounts 2019468,7 k €↑
2018
Annual accounts 2018-115,7 k €↓
2017
Annual accounts 2017163,4 k €↑
2016
Annual accounts 2016-163,3 k €↓
2015
Annual accounts 2015625,8 k €↑
2014
Annual accounts 2014-279,4 k €↓
2013
Annual accounts 2013-265,8 k €↓
2012
Annual accounts 2012241,5 k €
15/07/2011
IncorporationPublic limited company

PMV Fund Management

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