Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2024.
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Busy address KBO
32 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
VLAAMSE PARTICIPATIEMAATSCHAPPIJ from Brussel, company number BE0461896677, closed financial year 2025 with a result of € 7.8 million after tax. Compared with financial year 2024, the result moved from € 133.9 million to € 7.8 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on March 20, 2026.
€ 167.7 million
▲ 5% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7.8 million
▼ 94% vs 2024
Profit after tax over the fiscal year.
€ 160.2 million
▼ 75% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 52.1 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 20,633
▲ 157% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 111 days on average.
€ 1.3 million
▼ 45% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 21,738,053 | € 22,377,700 | € 133,869,000 | € 7,768,261 | ▼ 94% |
| Equity | € 503,675,578 | € 516,053,278 | € 159,922,278 | € 167,690,539 | ▲ 5% |
| Total debts | € 45,319,937 | € 11,042,193 | € 492,282,378 | € 1,273,882 | ▼ € 491 million |
| Cash | € 191,652,732 | € 160,484,313 | € 644,330,728 | € 160,190,780 | ▼ 75% |
| Retained profit | € 388,070,095 | € 400,447,795 | € 44,316,795 | € 52,085,056 | ▲ 18% |
| Dividend | € 10,000,000 | € 10,000,000 | € 490,000,000 | € 0 | ▼ 100% |
| Balance sheet total | € 548,995,515 | € 527,095,471 | € 652,204,656 | € 168,964,422 | ▼ 74% |
Key figures of VLAAMSE PARTICIPATIEMAATSCHAPPIJ, 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 VLAAMSE PARTICIPATIEMAATSCHAPPIJ?
What happened at VLAAMSE PARTICIPATIEMAATSCHAPPIJ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sophie CALLEWAERT stepped down as director. NBB
- Wim VAN DEN BOSSCHE stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 7.8 million (▼ 94% vs 2024). Source: NBB ↗
- Sophie CALLEWAERT became a director. NBB
- Wim VAN DEN BOSSCHE became a director. NBB
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 21.7 million profit in 2022 to € 7.8 million profit in 2025.
Paid € 2.4 million in corporate taxes since 2022.
Best year ever: 2024, with € 133.9 million profit.
Paid out € 510 million in dividends to the owners in total.
A new publication or filing at VLAAMSE PARTICIPATIEMAATSCHAPPIJ? 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
It owns 59.6% of GIMV HEALTH & CARE PARTNERS itself.
Directors
According to the 2025 annual accounts
Sophie CALLEWAERT
Chairman of the board
since 2024 · until 2030
Wim VAN DEN BOSSCHE
Director
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Simon Bolivarlaan 17
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 32 companies are registered at this address.
All companies at this address →Vlaams Agentschap voor Internationaal Ondernemen
SPORT VLAANDEREN
Vlaamse Onderwijsraad - Conseil flamand de l'Enseignement
Vlaams Landbouwinvesteringsfonds
Vlaams Infrastructuurfonds voor Persoonsgebonden Aangelegenheden
+27 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0461.896.677
- VAT number
- BE 0461.896.677
- Registered office
- Simon Bolivarlaan 17, 1000 Brussel
- Names & denominations
- VLAAMSE PARTICIPATIEMAATSCHAPPIJ
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 1997
- Peppol
- Not registered