ACTIVE

VIVES II - Louvain Technology Fund

Financial year 2025 · Closed on 31/12/2025

Net result3,5 M €+171,9 %over 1 year
Gross margin-22,8 k €+53,9 %over 1 year
Equity7,7 M €-54,4 %over 1 year

Identity

Source · BCE/KBO

VIVES II - Louvain Technology Fund is a Public limited company incorporated in 2011. Its registered office is in Ottignies-Louvain-la-Neuve.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0838.819.178
Incorporation
25/08/2011
Legal form
Public limited company
Registered office
Place de l'Université 16 box 27
1348 Ottignies-Louvain-la-Neuve · WallonieSee on map
Contributed capital
14 121 921,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 14 filings

Trend over 14 financial years

20252024202320222021
Income statement
Gross margin-22,8 k €-49,5 k €-605 k €-572,2 k €-564,7 k €
EBITDA-22,9 k €-49,5 k €-605,1 k €-572,2 k €-564,7 k €
Operating result-22,9 k €-49,5 k €-606,4 k €-573,5 k €-566 k €
Net result3,5 M €-4,9 M €-3,5 M €3,2 M €4,7 M €
Balance sheet
Equity7,7 M €16,9 M €19,6 M €22,5 M €26,8 M €
Total assets7,7 M €16,9 M €19,8 M €22,6 M €27 M €
Cash151,9 k €155,2 k €388,9 k €1,6 M €4,2 M €
Debts8,4 k €18,5 k €148,6 k €142,6 k €154 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

10 active · 77 ended

Active mandates

VIVES PARTNERS

Managing director · since 30 janvier 2024 · until 27 septembre 2026 · 1004.227.835

Represented by Philippe Durieux

Active
Didier Lamote

Director · since 17 mars 2022 · until 10 juin 2026

Active
BPI France Investissement

Director · since 16 juin 2021 · until 10 juin 2026

Represented by Sandra Goussu

Active
ING BELGIQUE

Director · since 16 juin 2021 · until 10 juin 2026 · 0403.200.393

Represented by Bertrand Soenen

Active
IRD SA

Director · since 16 juin 2021 · until 10 juin 2026

Represented by Hélène Guillon épouse Cannard

Active
Jean-François Burguet

Director · since 16 juin 2021 · until 28 août 2025

Active
Pascal Dumont

Director · since 16 juin 2021 · until 10 juin 2026

Active
SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON

Director · since 16 juin 2021 · until 10 juin 2026 · 0430.636.943

Represented by Pierre de Waha Baillonville

Active
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 16 juin 2021 · until 10 juin 2026 · 0253.445.063

Represented by Denis Ronday

Active
Charles de Lidekerke

Chairman of the board of directors · since 19 mai 2021 · until 10 juin 2026

Active

Ended mandates

VIVES PARTNERS

Managing director · since 30 janvier 2024 · until 27 septembre 2025 · 1004.227.835

Represented by Philippe Durieux

Ended
VIVES PARTNERS

Managing director · since 30 janvier 2024 · until 10 juin 2026 · 1004.227.835

Represented by Philippe Durieux

Ended
Didier Lamote

Director · since 17 mars 2022 · until 27 septembre 2025

Ended
BPI France Investissement

Director · since 16 juin 2021 · until 27 septembre 2025

Represented by Sandra Goussu

Ended

Other companies at this address

Place de l'Université 16 1348 Ottignies-Louvain-la-Neuve
CompanyCBE no.
0876.816.058
AYEL● Active
0747.577.317
0722.897.646
BENJAM● Liquidation
0786.716.124
0697.706.251
0863.836.567
0560.825.690
0452.113.139
DB LINK● Liquidation
0460.090.004
0567.769.506
forum logia● Active
0716.779.520
HETAR● Bankrupt
0881.007.745
0767.945.931
0805.693.381
Intercept Bio● Active
1039.310.359
0781.374.491
J.E.I. RENOV● Bankrupt
0542.779.633
Key Ex.● Active
0751.690.018
LIFESTEM● Liquidation
0772.345.672
MAJORIX● Bankrupt
0437.665.780

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 date11/06/202608/07/202502/08/202404/08/202326/08/202217/08/2021
General meeting10/06/202611/06/202512/06/202414/06/202308/06/202216/06/2021
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 7 days

Annual accounts filings

Source · NBB, 14 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202510/06/202611/06/2026FrenchPDF
Abridged model31/12/202411/06/202508/07/2025FrenchPDF
Abridged model31/12/202312/06/202402/08/2024FrenchPDF
Abridged model31/12/202214/06/202304/08/2023FrenchPDF
Abridged model31/12/202108/06/202226/08/2022FrenchPDF
Abridged model31/12/202016/06/202117/08/2021FrenchPDF
Abridged model31/12/201910/06/202011/08/2020FrenchPDF
Abridged model31/12/201812/06/201925/07/2019FrenchPDF
Abridged model31/12/201713/06/201812/07/2018FrenchPDF
Abridged model31/12/201614/06/201710/07/2017FrenchPDF
Abridged model31/12/201508/06/201607/07/2016FrenchPDF
Abridged model31/12/201410/06/201503/07/2015FrenchPDF
Abridged model31/12/201311/06/201423/06/2014FrenchPDF
Abridged model31/12/201212/06/201309/07/2013FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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

10 active · 77 ended

Active mandates

VIVES PARTNERS

Managing director · since 30 janvier 2024 · until 27 septembre 2026 · 1004.227.835

Represented by Philippe Durieux

Active
Didier Lamote

Director · since 17 mars 2022 · until 10 juin 2026

Active
BPI France Investissement

Director · since 16 juin 2021 · until 10 juin 2026

Represented by Sandra Goussu

Active
ING BELGIQUE

Director · since 16 juin 2021 · until 10 juin 2026 · 0403.200.393

Represented by Bertrand Soenen

Active
IRD SA

Director · since 16 juin 2021 · until 10 juin 2026

Represented by Hélène Guillon épouse Cannard

Active
Jean-François Burguet

Director · since 16 juin 2021 · until 28 août 2025

Active
Pascal Dumont

Director · since 16 juin 2021 · until 10 juin 2026

Active
SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON

Director · since 16 juin 2021 · until 10 juin 2026 · 0430.636.943

Represented by Pierre de Waha Baillonville

Active
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT

Director · since 16 juin 2021 · until 10 juin 2026 · 0253.445.063

Represented by Denis Ronday

Active
Charles de Lidekerke

Chairman of the board of directors · since 19 mai 2021 · until 10 juin 2026

Active

Ended mandates

VIVES PARTNERS

Managing director · since 30 janvier 2024 · until 27 septembre 2025 · 1004.227.835

Represented by Philippe Durieux

Ended
VIVES PARTNERS

Managing director · since 30 janvier 2024 · until 10 juin 2026 · 1004.227.835

Represented by Philippe Durieux

Ended
Didier Lamote

Director · since 17 mars 2022 · until 27 septembre 2025

Ended
BPI France Investissement

Director · since 16 juin 2021 · until 27 septembre 2025

Represented by Sandra Goussu

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates05/08/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/05/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates29/09/2025
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Other03/10/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates21/02/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Capital / shares03/10/2023
    CAPITAL, ACTIONS
    PDF
  • Mandates20/04/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates01/08/2022
    DEMISSIONS, NOMINATIONS
    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 20253,5 M €↑
  2. 2024
    Annual accounts 2024-4,9 M €↓
  3. 2023
    Annual accounts 2023-3,5 M €↓
  4. 2022
    Annual accounts 20223,2 M €↓
  5. 2022
    Name changeVIVES II - LOUVAIN TECHNOLOGY FUND
  6. 2021
    Annual accounts 20214,7 M €↑
  7. 2021
    Name changeVIVES II
  8. 2020
    Annual accounts 2020-229,4 k €↑
  9. 2019
    Annual accounts 2019-906,1 k €↓
  10. 2018
    Annual accounts 2018-441 k €↑
  11. 2017
    Annual accounts 2017-1,3 M €↓
  12. 2016
    Annual accounts 2016-773,5 k €↑
  13. 2015
    Annual accounts 2015-2,1 M €↓
  14. 2014
    Annual accounts 2014-1,3 M €↓
  15. 2013
    Annual accounts 2013-1,1 M €↑
  16. 2012
    Annual accounts 2012-1,4 M €
  17. 25/08/2011
    IncorporationPublic limited company