Financials
Financial year 2025
AvH Growth Capital from Etterbeek, company number BE0434330168, closed financial year 2025 with a result of € -23.9 million after tax. For that financial year AvH Growth Capital recorded revenue of € 169,488 and equity of € 211.9 million. Compared with financial year 2024, the result moved from € 10.7 million to € -23.9 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 8, 2026.
€ 211.9 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -23.9 million
▼ still € 10.7 million profit in 2024
Profit after tax over the fiscal year.
€ 1.4 million
▲ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 97.1 million.
People and assets in 2025
€ 86,308
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10.7 million
▲ 68% vs 2024
Loans from banks and other lenders, long and short.
€ 20,382
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 3 days on average.
€ 915,322
▲ 24% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 100,000 | € 156,721 | € 204,079 | € 169,488 | ▼ 17% |
| Profit after taxes | € 136,852,287 | € 845,691 | € 10,688,867 | € -23,922,479 | ▼ € 34.6 million |
| Equity | € 224,276,600 | € 225,122,290 | € 235,811,157 | € 211,888,678 | ▼ 10% |
| Total debts | € 50,929,786 | € 626,872 | € 7,278,043 | € 11,844,388 | ▲ 63% |
| Cash | € 581,870 | € 1,598,366 | € 977,464 | € 1,409,418 | ▲ 44% |
| Retained profit | € 109,445,600 | € 110,291,290 | € 120,980,157 | € 97,057,678 | ▼ 20% |
| Dividend | € 50,000,000 | € 0 | € 0 | € 0 | |
| Bank debt | € 0 | € 0 | € 6,355,793 | € 10,689,412 | ▲ 68% |
| Balance sheet total | € 275,206,385 | € 225,749,162 | € 243,089,200 | € 223,733,065 | ▼ 8% |
Key figures of AvH Growth Capital, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to AvH Growth Capital?
What happened at AvH Growth Capital in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- John-Eric BERTRAND stepped down as director. NBB
- André-Xavier COOREMAN stepped down as director. NBB
- Koen JANSSEN stepped down as director. NBB
- Tom BAMELIS stepped down as director. NBB
- Piet DEJONGHE stepped down as director. NBB
- Piet BEVERNAGE stepped down as director. NBB
- An HERREMANS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 23.9 million (▼ € 34.6 million vs 2024). Source: NBB ↗
In short
From € 136.9 million profit in 2022 to € 23.9 million loss in 2025.
Paid € 8,413 in corporate taxes since 2022.
Best year ever: 2022, with € 136.9 million profit.
Paid out € 50 million in dividends to the owners in total.
A new publication or filing at AvH Growth Capital? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Ackermans & van Haaren NV (100%). It owns 100% of OKSALYS, 100% of SOFINIM LUX., 82.7% of AGIDENS Geconsolideerd, 54.3% of BIOLECTRIC GROUP Geconsolideerd, 50% of AMSTELDIJK BEHEER B.V. and 50% of TURBO'S HOET GROUP Geconsolideerd itself.
Directors
According to the 2025 annual accounts
John-Eric BERTRAND
Director
Also active at: AXE INVESTMENTS, AGIDENS INTERNATIONAL, BAARBEEK IMMO, DEME GROUP
since 2022 · until 2028
since 2022 · until 2028
Koen JANSSEN
Director
Also active at: AANNEMINGSMAATSCHAPPIJ CFE, Bedrijvencentrum Regio Mechelen, BSTOR, ESTOR-LUX, DEME GROUP, Otary RS, Deep C Holding
since 2022 · until 2028
Tom BAMELIS
Director
Also active at: SNELVERVOER TANGHE, TH Trucks Belux, TH Trucks Hainaut, TH Trucks Kortrijk, TH Trucks Namur, ANFIMA, HOET TRUCKING & RENTING, BRINVEST +11 more
since 2022 · until 2028
Piet DEJONGHE
Director
Also active at: AANNEMINGSMAATSCHAPPIJ CFE, BRINVEST, FinAx, DEME GROUP, Deep C Holding
since 2022 · until 2028
An HERREMANS
Director
since 2022 · until 2028
Shareholders
Participations
100%
SOFINIM LUX.
100%
82.7%
AMSTELDIJK BEHEER B.V.
50%
50%
33.3%
32.4%
22.6%
DISCO PHARMACEUTICALS
12.4%
9.5%
Establishments
Establishment units
Physical locations of this company
Tervurenlaan 72
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.330.168
- VAT number
- BE 0434.330.168
- Registered office
- Tervurenlaan 72, 1040 Etterbeek
- Names & denominations
- AvH Growth Capital
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 May 1988
- Peppol
- Active · Active since 24 Apr 2025
- Contact
- sofinim.be [email protected] 02/2370825
- Activities · NACE
Activiteiten van holdings
Holdings
Overige zakelijke dienstverlening, neg