Financials
Financial year 2025
VLERICK RESEARCH from Gent, company number BE0475850920, closed financial year 2025 with a result of € 952,696 after tax. For that financial year VLERICK RESEARCH recorded a gross margin of € -565,068 and equity of € 59.8 million. Compared with financial year 2024, the result moved from € 1.4 million to € 952,696. 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 June 2, 2026.
€ 59.8 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 952,696
▼ 30% vs 2024
Profit after tax over the fiscal year.
€ 1.3 million
▼ 37% 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 € 8.4 million.
People and assets in 2025
14.4
Average over the fiscal year, from the social balance sheet.
€ 2.9 million
▲ 21% vs 2024
€ 204,600 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 40,150
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 664,186
▲ 225% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -386,241 | € -563,423 | € -458,917 | € -565,068 | ▼ € 106,152 |
| Profit after taxes | € 1,604,117 | € 1,558,633 | € 1,357,236 | € 952,696 | ▼ 30% |
| Equity | € 55,979,591 | € 57,538,224 | € 58,895,460 | € 59,848,156 | ▲ 2% |
| Total debts | € 318,006 | € 295,490 | € 334,552 | € 707,842 | ▲ 112% |
| Cash | € 4,660,633 | € 2,749,453 | € 2,000,303 | € 1,261,480 | ▼ 37% |
| Retained profit | € 4,497,160 | € 6,055,793 | € 7,413,028 | € 8,365,725 | ▲ 13% |
| Balance sheet total | € 56,297,596 | € 57,833,714 | € 59,230,011 | € 60,555,998 | ▲ 2% |
| Employees (FTE) | 10 | 11 | 14.4 | 14.4 |
Key figures of VLERICK RESEARCH, 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 VLERICK RESEARCH?
What happened at VLERICK RESEARCH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Dirk Buyens stepped down as director. NBB
- Petra De Sutter stepped down as director. NBB
- Frank Vlayen stepped down as director. NBB
- Sofie Baeten stepped down as director. NBB
- Severine Vermeire stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 952,696 (▼ 30% vs 2024). Source: NBB ↗
- Ignace Lemahieu stepped down as director. NBB
- Patrick De Greve stepped down as director. NBB
In short
From € 1.6 million profit in 2022 to € 952,696 profit in 2025.
Paid € 2,798 in corporate taxes since 2022.
Best year ever: 2022, with € 1.6 million profit.
Management
The shares are held by Vlerick Business School (100%). It owns 99.9% of Stichting Administratiekantoor Professor Vlerick itself.
Directors
According to the 2025 annual accounts
Dirk Buyens
Director
Also active at: Vlerick Business School, Zorgnetwerk Trento, Dirk Buyens, Vlerick Partner
since 2025 · until 2028
Petra De Sutter
Director
Also active at: Vlerick Business School, Collegium Vocale Gent, Associatie Universiteit Gent
since 2025 · until 2028
Ignace Lemahieu
Director
Also active at: Vlerick Business School, OSTEND SCIENCE PARK, BLUEBRIDGE INCUBATIE- EN INNOVATIECENTRUM, Flanders Make
since 2015 · until 2026
Patrick De Greve
Managing director
Also active at: Vlerick Business School, JOANN, ORSI ACADEMY, PATRICK DE GREVE, Vlerick Partner
since 2008 · until 2026
since 2015 · until 2025
Wim Desmet
Director
Also active at: VOKA - Kamer van Koophandel Vlaams-Brabant, Vlerick Business School, Z.org KU Leuven, Wetenschapspark Leuven Noord, SALVE MATER, INCUBATHOR WETENSCHAPSPARK WATERSCHEI, AVICON, PARKEERGEBOUW +1 more
since 2022 · until 2026
since 2014 · until 2026
Frank Vlayen
Director
Also active at: Moore Belgium, DeSingel, Vlerick Business School, IMMOVLACO, SIHOLD, MOBILE SCHOOL, Packaging PrintCo, Brughuis Brouwers +3 more
since 2025 · until 2028
since 2020 · until 2026
Sophie Manigart
Director
Also active at: Ryhove, Vlerick Business School, Participatiemaatschappij Vlaanderen, Sophie Manigart, Vlerick Partner, QBIC Venture Partners
since 2018 · until 2026
Rik Van de Walle
Director
Also active at: Egmont-Institut Royal des Relations Internationales, Festival van Vlaanderen Gent en Historische Steden, Internationaal Filmfestival van VLaanderen - Festival international du Film de Flandre - Flanders International Film Festival, Vlerick Business School, IL GARDELLINO, OSTEND SCIENCE PARK, Associatie Universiteit Gent
since 2017 · until 2025
Sofie Baeten
Director
Also active at: Volksvermogen, Vlerick Business School, EYED PHARMA, Firecell Belgium, Indigo Diabetes, Qbic Venture Partners II, QBIC II FUND ARKIV, Blue Foot Membranes +9 more
since 2025 · until 2028
Jean-Luc Deleersnyder
Director
Also active at: Vlerick Business School, Immogar, REYNAERS ALUMINIUM, Fedrus International, LUXANTOR, TERBIUM PARTNERS
since 2010 · until 2026
since 2015 · until 2026
since 2015 · until 2025
Louis Jonckheere
Director
Also active at: Vlerick Business School, Ninnip, BYTEFLIES, LFG invest, Together for Entrepreneurship, Networking and Technology, CHILI PUBLISH
since 2017 · until 2026
since 2017 · until 2025
since 2025 · until 2028
since 2020 · until 2026
Michèle Sioen
Director
Also active at: "IMMOBEL" OU "COMPAGNIE IMMOBILIERE DE BELGIQUE " OU " IMMOBILIEN VENNOOTSCHAP VAN BELGIE", Industrie - Négoce - Confort - Hygiène, AVIETA, COATEX, SIOEN INDUSTRIES, M.J.S. CONSULTING, SIHOLD, SIOEN FABRICS +8 more
since 2020 · until 2025
Rudy Provoost
Director
Also active at: VLAAMS ECONOMISCH VERBOND, Vlaams Netwerk van Ondernemingen, POLLET GROUP, Vlerick Business School, ELIA ASSET, Elia Group, Elia Transmission Belgium
since 2010 · until 2026
Philippe Vlerick
Director
Also active at: B.M.H., KBC Groep, Vlerick Business School, DE ROBAERTBEEK, DW Invest, DW Construct, KBC Global Services, PENTAHOLD
since 2010 · until 2026
Luc Sels
Director
Also active at: MAATSCHAPPIJ VOOR ROEREND BEZIT VAN DE BOERENBOND, Egmont-Institut Royal des Relations Internationales, Fondation Universitaire, Vlerick Business School, Z.org KU Leuven, Agri Investment Fund
since 2017 · until 2025
Shareholders
Participations
Stichting Administratiekantoor Professor Vlerick
99.9%
Establishments
Establishment units
Physical locations of this company
Reep 1
9000 Gent
Vlamingenstraat 83
3000 Leuven
Active since 25 April 2002
Bolwerklaan 21 box 32
1210 Sint-Joost-ten-Node
Active since 1 October 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
Domain
Domain
vlerick.com
Registered
2000-03-26
Registrar
Ascio Technologies, Inc. Danmark - Filial af Ascio technologies, Inc. USA
Expires
2026-03-26
Website info
Features
Security
Details
- Company number
- 0475.850.920
- VAT number
- BE 0475.850.920
- Registered office
- Reep 1, 9000 Gent
- Names & denominations
- VLERICK RESEARCH
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 October 2001
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- vlerick.com
- Activities · NACE
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