Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 420.1 to 363.5.
Financials
Financial year 2025
ABLYNX from Gent, company number BE0475295446, closed financial year 2025 with a result of € 3.7 million after tax. For that financial year ABLYNX recorded revenue of € 147.9 million and equity of € 359.2 million. Compared with financial year 2024, the result moved from € -32.1 million to € 3.7 million. Profitable, and profit is growing. 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 June 23, 2026.
€ 359.2 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.7 million
▲ still € 32.1 million loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 52.7 million.
People and assets in 2025
363.5
▼ 42.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 57 million
▲ 7% vs 2024
€ 156,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 415,520
▲ 93% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12,364
Loans from banks and other lenders, long and short.
€ 42.7 million
▼ 36% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 141 days on average.
€ 9.8 million
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 135,883,785 | € 159,272,950 | € 122,909,591 | € 147,918,811 | ▲ 20% |
| Profit after taxes | € 3,035,520 | € 30,608,254 | € -32,052,490 | € 3,687,116 | ▲ € 35.7 million |
| Equity | € 356,965,388 | € 387,573,641 | € 355,521,152 | € 359,208,267 | ▲ 1% |
| Total debts | € 64,428,694 | € 34,836,098 | € 80,084,800 | € 56,790,858 | ▼ 29% |
| Cash | € 23,868 | € 1,910 | € 16,605 | - | |
| Land & buildings | € 969,157 | € 989,221 | € 1,088,987 | € 2,977,050 | ▲ 173% |
| Retained profit | € 50,434,211 | € 81,042,465 | € 48,989,975 | € 52,677,091 | ▲ 8% |
| Bank debt | € 0 | € 0 | € 0 | € 12,364 | |
| Balance sheet total | € 422,616,801 | € 422,794,530 | € 442,183,145 | € 417,332,640 | ▼ 6% |
| Employees (FTE) | 411.8 | 420.1 | 406 | 363.5 | ▼ 42.5 |
Key figures of ABLYNX, 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 ABLYNX?
What happened at ABLYNX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Geert Deschamps stepped down as director. NBB
- Hao Zheng stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.7 million. Source: NBB ↗
- Hao Zheng became a director. NBB
- Geert Deschamps became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 3 million profit in 2022 to € 3.7 million profit in 2025.
Paid € 103,008 in corporate taxes since 2022.
Best year ever: 2023, with € 30.6 million profit.
Pays suppliers within 141 days on average.
Management
The shares are held by Sanofi Foreign Participations B.V. and Sanofi Développement Pharma.
Directors
According to the 2025 annual accounts
Geert Deschamps
Managing director
since 2025 · until 2028
since 2025 · until 2028
Shareholders
Sanofi Foreign Participations B.V.
Sanofi Développement Pharma
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Technologiepark-Zwijnaarde 21
9052 Gent
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.
Website
Technologies
Hosting & Email
Email provider
Mimecast
Hosting
AMAZON-02 - Amazon.com, Inc., US
Domain
Domain
ablynx.com
Registered
2002-01-17
Registrar
CSC Corporate Domains, Inc.
Expires
2027-01-17
Website info
Features
Security
Details
- Company number
- 0475.295.446
- VAT number
- BE 0475.295.446
- Registered office
- Technologiepark-Zwijnaarde 21, 9052 Gent
- Names & denominations
- ABLYNX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2001
- Peppol
- Active · Active since 2 Jun 2026
- Contact
- ablynx.com
- Activities · NACE
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