Apheon MidCap Buyout II
0885.899.911 · rovalta.com · 26/09/2026
NORMAL SITUATION
Apheon MidCap Buyout II
Company — Normal situation.
Financial year 2025 · Closed on 27/03/2025
Net result-167,8 €+99,9 %over 1 year
Equity1,7 M €-0,0 %over 1 year
Overview
Identity
Source · BCE/KBOApheon MidCap Buyout II is a company registered in Belgium.
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0885.899.911
- Legal form
- Public limited company
- Contributed capital
- 2 000 000,00 €
- Latest accounts
- 27/03/2025
Signals
Solid equityPositive EBITDA
Financials
Source · NBB, 26 filingsTrend over 9 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | – | – | – | – | – | ||||
| EBITDA | 34,8 € | +100% | -61,3 k € | -815% | -6,7 k € | -317% | 3,1 k € | +131% | -9,8 k € |
| Operating result | 34,8 € | +100% | -61,3 k € | -815% | -6,7 k € | -317% | 3,1 k € | +157% | -5,4 k € |
| Net result | -167,8 € | +99.9% | -253,8 k € | -1354% | -17,5 k € | -141% | -7,2 k € | -12.4% | -6,4 k € |
| Balance sheet | |||||||||
| Equity | 1,7 M € | -0.0% | 1,7 M € | -13.3% | 1,9 M € | -0.9% | 1,9 M € | -0.4% | 1,9 M € |
| Total assets | 1,7 M € | -0.4% | 1,7 M € | -13.1% | 1,9 M € | -0.9% | 1,9 M € | -1.1% | 2 M € |
| Cash | 1,6 M € | -0.4% | 1,7 M € | +1481% | 104,5 k € | -7.3% | 112,8 k € | -9.5% | 124,6 k € |
| Debts | – | 6,2 k € | +129% | 2,7 k € | +5.7% | 2,6 k € | -83.8% | 15,8 k € | |
| Other | |||||||||
| Workforce | – | – | – | – | 0,8 ETP | ||||
Board of directors
Source · NBB, accounts to 27/03/20253 active · 15 ended
Active mandates
Ruairi Keeley
ActiveErik Westerink
ActiveWolfgang de Limburg Stirum
ActiveEnded mandates
Ruairi Keeley
EndedRuairi Keeley
EndedErik Westerink
EndedWolfgang de Limburg Stirum
EndedFinancials
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 | 27/03/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 3 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 27/03/2025 | 04/03/2025 | 14/03/2024 | 24/04/2023 | 16/05/2022 | 27/05/2021 |
| General meeting | 27/03/2025 | 28/02/2025 | 29/02/2024 | 28/02/2023 | 19/04/2022 | 31/03/2021 |
| 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 · NBBLooking for more information about this company?
Try for freeAnnual accounts filings
Source · NBB, 26 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 27/03/2025 | 27/03/2025 | 27/03/2025 | French | |
| Full model | 31/12/2024 | 28/02/2025 | 04/03/2025 | French | |
| Full model | 31/12/2023 | 29/02/2024 | 14/03/2024 | French | |
| Full model | 31/12/2022 | 28/02/2023 | 24/04/2023 | French | |
| Full model | 31/12/2021 | 19/04/2022 | 16/05/2022 | French | |
| Full model | 31/12/2020 | 31/03/2021 | 27/05/2021 | French | |
| Full modelCorrection | 31/12/2019 | 28/02/2020 | 11/06/2020 | French | |
| Full model | 31/12/2019 | 28/02/2020 | 02/04/2020 | French | |
| Full model | 31/12/2018 | 28/02/2019 | 22/03/2019 | French | |
| Full model | 31/12/2017 | 28/02/2018 | 19/03/2018 | French | |
| Full model | 31/12/2016 | 13/04/2017 | 26/04/2017 | French | |
| Full model | 31/12/2015 | 27/01/2016 | 29/02/2016 | French | |
| Full model | 31/12/2014 | 31/03/2015 | 17/04/2015 | French | |
| Consolidated accounts | 31/12/2014 | 01/01/9999 | 15/12/2015 | French | |
| Full model | 31/12/2013 | 20/03/2014 | 24/04/2014 | French | |
| Consolidated accounts | 31/12/2013 | 01/01/9999 | 15/12/2015 | French | |
| Full model | 31/12/2012 | 28/06/2013 | 15/07/2013 | French | |
| Consolidated accounts | 31/12/2012 | 01/01/9999 | 15/12/2015 | French | |
| Full model | 31/12/2011 | 29/06/2012 | 31/07/2012 | French | |
| Consolidated accounts | 31/12/2011 | 01/01/9999 | 14/12/2015 | French | |
| Full model | 31/12/2010 | 28/02/2011 | 24/05/2011 | French | |
| Consolidated accounts | 31/12/2010 | 30/06/2011 | 09/03/2012 | French | |
| Full model | 31/12/2009 | 26/02/2010 | 02/07/2010 | French | |
| Consolidated accounts | 31/12/2009 | 30/06/2011 | 09/03/2012 | French |
Valuation
Indicative valuation
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 27/03/20253 active · 15 ended
Active mandates
Ruairi Keeley
ActiveErik Westerink
ActiveWolfgang de Limburg Stirum
ActiveEnded mandates
Ruairi Keeley
EndedRuairi Keeley
EndedErik Westerink
EndedWolfgang de Limburg Stirum
EndedOwnership and network
Looking for more information about this company?
Try for freePublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Dissolution10/04/2025RUBRIQUE FIN (CESSATION, ANNULATION CESSATION, NULLITE, CONC, REORGANISATION JUDICIAIRE, ETC...)
- Mandates12/07/2023STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION
- Mandates09/02/2023DEMISSIONS, NOMINATIONS
- Mandates19/09/2022DEMISSIONS, NOMINATIONS
- Mandates01/06/2021DEMISSIONS, NOMINATIONS
- Registered office31/12/2020SIEGE SOCIAL
- Mandates17/09/2020DEMISSIONS, NOMINATIONS
- Other03/07/2020STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-167,8 €↑
- 2024Annual accounts 2024-253,8 k €↓
- 2023Annual accounts 2023-17,5 k €↓
- 2023Name changeApheon MidCap Buyout II SA
- 2022Annual accounts 2022-7,2 k €↓
- 2021Annual accounts 2021-6,4 k €↓
- 2021Name changeERGON CAPITAL PARTNERS II
- 2011Annual accounts 20112,1 M €↑
- 2010Annual accounts 20101,9 M €↑
- 2009Annual accounts 2009-241 k €↑
- 2008Annual accounts 2008-1,2 M €