ACTIVE

VGP

Financial year 2025 · Closed on 31/12/2025

Net result245,1 M €-8,8 %over 1 year
Revenue22,4 M €
Equity1,8 Md €+9,3 %over 1 year
Workforce9,9 ETP-7,5 %over 1 year

Identity

Source · BCE/KBO

VGP is a Public limited company incorporated in 2007. Its main activity is: Activities of holding companies. Its registered office is in Antwerpen. It employs on average 9,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0887.216.042
Incorporation
13/02/2007
Legal form
Public limited company
Registered office
Generaal Lemanstraat 55 box 4
2018 Antwerpen · FlandreSee on map
Contributed capital
895 600 356,00 €
Latest accounts
31/12/2025
Average workforce
9,9 ETP
Joint committees (2)
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 38 filings

Trend over 19 financial years

20252024202320222021
Income statement
Revenue22,4 M €––––
EBITDA-4,5 M €-10,2 M €-4,1 M €3,7 M €-17,9 M €
Operating result-6,8 M €-12,8 M €-6,7 M €1,9 M €-18,6 M €
Net result245,1 M €268,6 M €274,8 M €145,4 M €22 M €
Balance sheet
Equity1,8 Md €1,6 Md €1,5 Md €1,3 Md €916,9 M €
Total assets4,2 Md €3,7 Md €3,6 Md €3,8 Md €2,5 Md €
Cash377,2 M €43,8 M €48,7 M €441,1 M €66,5 M €
Debts2,3 Md €2 Md €2,1 Md €2,4 Md €1,5 Md €
Other
Workforce9,9 ETP10,7 ETP10,2 ETP7,9 ETP6,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

more than 1.000 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

5 active · 38 ended

Active mandates

CM Advisers Ltd

Director · since 09 mai 2025 · until 11 mai 2029

Represented by Chris Morrish

Active
Jan Van Geet SRO

Managing director · since 09 mai 2025 · until 11 mai 2029

Represented by Jan Van Geet

Active
VM INVEST

Chairman of the board of directors · since 09 mai 2025 · until 11 mai 2029 · 0418.701.587

Represented by Bartje Van Malderen

Active
GAEVAN

Director · since 12 mai 2023 · until 14 mai 2027 · 0743.487.380

Represented by Ann Gaeremynck

Active
Vera Gäde-Butzlaff

Director · since 12 mai 2023 · until 14 mai 2027

Active

Ended mandates

Katherina Reiche

Director · since 12 mai 2023 · until 14 mai 2027

Ended
Jan Van Geet SRO

Managing director · since 14 mai 2021 · until 09 mai 2025

Represented by Jan Van Geet

Ended
VM INVEST

Chairman of the board of directors · since 14 mai 2021 · until 09 mai 2025 · 0418.701.587

Represented by Bartje Van Malderen

Ended
GAEVAN

Director · since 08 mai 2020 · until 12 mai 2023 · 0743.487.380

Represented by Ann Gaeremynck

Ended

Other companies at this address

Generaal Lemanstraat 55 2018 Antwerpen
CompanyCBE no.
1016.690.553
BM QRS● Active
0725.636.412
0849.822.641
0811.380.353
Elanco Belgium● Active
0700.682.567
0822.761.225
0681.539.915
Maandag Belgium● Active
0832.430.145
Maroussia● Active
0726.415.182
0894.394.933
Padoki● Active
0725.636.511
VGP Belgium● Active
0894.442.740
VGP FOUNDATION● Active
0735.540.607
0894.188.263
0810.748.566

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelConsolidated accounts
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 date03/06/202605/06/202503/06/202402/06/202303/06/202209/06/2021
General meeting08/05/202609/05/202510/05/202412/05/202313/05/202214/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 38 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202508/05/202603/06/2026DutchPDF
Consolidated accounts31/12/202508/05/202603/06/2026DutchPDF
Full model31/12/202409/05/202505/06/2025DutchPDF
Consolidated accounts31/12/202409/05/202505/06/2025DutchPDF
Full model31/12/202310/05/202403/06/2024DutchPDF
Consolidated accounts31/12/202310/05/202403/06/2024DutchPDF
Full model31/12/202212/05/202302/06/2023DutchPDF
Consolidated accounts31/12/202212/05/202306/06/2023DutchPDF
Full model31/12/202113/05/202203/06/2022DutchPDF
Consolidated accounts31/12/202113/05/202207/06/2022DutchPDF
Full model31/12/202014/05/202104/06/2021DutchPDF
Consolidated accounts31/12/202014/05/202109/06/2021DutchPDF
Full model31/12/201908/05/202004/06/2020DutchPDF
Consolidated accounts31/12/201908/05/202004/06/2020DutchPDF
Full model31/12/201810/05/201927/05/2019DutchPDF
Consolidated accounts31/12/201810/05/201927/05/2019DutchPDF
Full model31/12/201711/05/201817/05/2018DutchPDF
Consolidated accounts31/12/201711/05/201830/05/2018DutchPDF
Full model31/12/201612/05/201706/06/2017DutchPDF
Consolidated accounts31/12/201612/05/201706/06/2017DutchPDF
Full model31/12/201513/05/201607/06/2016DutchPDF
Consolidated accounts31/12/201513/05/201607/06/2016DutchPDF
Full model31/12/201408/05/201501/06/2015DutchPDF
Consolidated accounts31/12/201408/05/201508/06/2015DutchPDF
Full model31/12/201309/05/201402/06/2014DutchPDF
Consolidated accounts31/12/201309/05/201406/06/2014DutchPDF
Full model31/12/201210/05/201327/05/2013DutchPDF
Consolidated accounts31/12/201210/05/201310/06/2013DutchPDF
Full model31/12/201111/05/201213/06/2012DutchPDF
Consolidated accounts31/12/201111/05/201218/06/2012DutchPDF
Full model31/12/201013/05/201109/06/2011DutchPDF
Consolidated accounts31/12/201013/05/201120/06/2011DutchPDF
Full model31/12/200914/05/201004/06/2010DutchPDF
Consolidated accounts31/12/200914/05/201009/06/2010DutchPDF
Full model31/12/200808/05/200926/05/2009DutchPDF
Consolidated accounts31/12/200808/05/200930/07/2009DutchPDF
Full model31/12/200709/05/200827/05/2008DutchPDF
Consolidated accounts31/12/200709/05/200802/07/2008DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

more than 1.000 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

5 active · 38 ended

Active mandates

CM Advisers Ltd

Director · since 09 mai 2025 · until 11 mai 2029

Represented by Chris Morrish

Active
Jan Van Geet SRO

Managing director · since 09 mai 2025 · until 11 mai 2029

Represented by Jan Van Geet

Active
VM INVEST

Chairman of the board of directors · since 09 mai 2025 · until 11 mai 2029 · 0418.701.587

Represented by Bartje Van Malderen

Active
GAEVAN

Director · since 12 mai 2023 · until 14 mai 2027 · 0743.487.380

Represented by Ann Gaeremynck

Active
Vera Gäde-Butzlaff

Director · since 12 mai 2023 · until 14 mai 2027

Active

Ended mandates

Katherina Reiche

Director · since 12 mai 2023 · until 14 mai 2027

Ended
Jan Van Geet SRO

Managing director · since 14 mai 2021 · until 09 mai 2025

Represented by Jan Van Geet

Ended
VM INVEST

Chairman of the board of directors · since 14 mai 2021 · until 09 mai 2025 · 0418.701.587

Represented by Bartje Van Malderen

Ended
GAEVAN

Director · since 08 mai 2020 · until 12 mai 2023 · 0743.487.380

Represented by Ann Gaeremynck

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Capital / shares18/05/2026
    KAPITAAL - AANDELEN
    PDF
  • Other13/05/2026
    DIVERSEN
    PDF
  • Mandates27/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other03/07/2024
    DIVERSEN
    PDF
  • Mandates26/06/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares02/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF
  • Other23/05/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares02/12/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - KAPITAAL - AANDELEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 12/05/2026
    augmentation_capital
  2. 2025
    Annual accounts 2025245,1 M €↓
  3. 09/05/2025
    reconductionVM Invest NV — bestuurder
  4. 09/05/2025
    reconductionJan Van Geet s.r.o. — bestuurder
  5. 09/05/2025
    demissionKatherina Reiche — onafhankelijk bestuurder
  6. 09/05/2025
    nominationCM Advisers Ltd — onafhankelijk bestuurder
  7. 09/05/2025
    nominationKPMG Bedrijfsrevisoren BV/SRL / KPMG Réviseurs d'Entreprises BV/SRL — commissaris
  8. 2024
    Annual accounts 2024268,6 M €↓
  9. 2023
    Annual accounts 2023274,8 M €↑
  10. 12/05/2023
    reconductionAEVAN BV — onafhankelijke bestuurder
  11. 12/05/2023
    reconductionKatherina Reiche — onafhankelijke bestuurder
  12. 12/05/2023
    reconductionVera Gäde-Butzlaff — onafhankelijke bestuurder
  13. 12/05/2023
    reconductionDeloitte Bedrijfsrevisoren / Réviseurs d'Entreprises BV/SRL — commissaris
  14. 2022
    Annual accounts 2022145,4 M €↑
  15. 2021
    Annual accounts 202122 M €↓
  16. 2020
    Annual accounts 2020282,6 M €↑
  17. 2019
    Annual accounts 2019112,8 M €↑
  18. 2018
    Annual accounts 201884,1 M €↑
  19. 2017
    Annual accounts 201730,5 M €↓
  20. 2016
    Annual accounts 2016117,9 M €↑
  21. 2015
    Annual accounts 2015957,8 k €↓
  22. 2014
    Annual accounts 20149 M €↑
  23. 2013
    Annual accounts 20131,9 M €↓
  24. 2012
    Annual accounts 20126,2 M €↓
  25. 2011
    Annual accounts 20119,6 M €↑
  26. 2010
    Annual accounts 20105,3 M €↓
  27. 2009
    Annual accounts 20097,9 M €↑
  28. 2008
    Annual accounts 200837,5 k €↑
  29. 2007
    Annual accounts 2007-123,1 k €
  30. 13/02/2007
    IncorporationPublic limited company