Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
TLG Science Park from Gent, company number BE0704841689, closed financial year 2025 with a result of € -686,356 after tax. For that financial year TLG Science Park recorded a gross margin of € 382,657 and equity of € -1.3 million. Compared with financial year 2024, the result moved from € -359,513 to € -686,356. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 2, 2026.
€ -1.3 million
▼ € 686,356 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -686,356
▼ 91 % more loss than in 2024
Profit after tax over the fiscal year.
€ 340,322
▼ 56% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.6 million.
Debts at end 2025
€ 18.8 million
▲ 29% vs 2024
€ 217,070 is repaid this year. At this pace the long-term loan is gone in ≈ 87 years.
€ 57,975
▼ 55% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 334,527 | € 558,741 | - | |
| Gross margin | € -52,457 | € -626,365 | € 203,837 | € 382,657 | ▲ 88% |
| Profit after taxes | € -833,791 | € -1,053,203 | € -359,513 | € -686,356 | ▼ € 326,843 |
| Equity | € 836,188 | € -217,015 | € -576,528 | € -1,262,884 | ▼ € 686,356 |
| Total debts | € 11,297,518 | € 14,210,430 | € 14,842,933 | € 18,987,432 | ▲ 28% |
| Cash | € 1,608,918 | € 1,651,559 | € 774,543 | € 340,322 | ▼ 56% |
| Land & buildings | € 3,506,087 | € 3,506,087 | € 3,506,087 | € 3,506,087 | |
| Retained profit | € -1,463,812 | € -2,517,015 | € -2,876,528 | € -3,562,884 | ▼ € 686,356 |
| Bank debt | € 10,699,938 | € 13,910,400 | € 14,590,915 | € 18,801,594 | ▲ 29% |
| Balance sheet total | € 12,133,706 | € 13,993,415 | € 14,266,405 | € 17,724,548 | ▲ 24% |
Key figures of TLG Science Park, 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 TLG Science Park?
What happened at TLG Science Park in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Sofie Van Ginderachter stepped down as director. NBB
- Participatiemaatschappij Vlaanderen stepped down as director. NBB
- Kristof Beuren stepped down as director. NBB
- Steven Adons stepped down as director. NBB
- Johan Bil stepped down as director. NBB
- Mattias Van Vooren stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 686,356. Source: NBB ↗
- Sofie Van Ginderachter became a director. NBB
In short
From € 833,791 loss in 2022 to € 686,356 loss in 2025.
A new publication or filing at TLG Science Park? 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 Sogent (40%), Participatiemaatschappij Vlaanderen (30%) and Universiteit Gent (30%). It owns 20% of Tech Lane Ghent XCellerator NV itself.
Directors
According to the 2025 annual accounts
Sofie Van Ginderachter
Director
Also active at: Maatschappij voor Industriële Ontwikkeling te Zwijnaarde
since 2025 · until 2030
Participatiemaatschappij Vlaanderen
Director · represented by Erwin Vrijens
Also active at: VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK, Arts Gebroeders immobilière, BEDRIJVENCENTRUM VILVOORDE, BIOTECH FONDS VLAANDEREN, MAISON DE LA RADIO FLAGEY, HERTECANT FLANGES, Site-Ontwikkeling Vlaanderen, SUSTAINABLE ENERGY VENTURES +136 more
since 2024 · until 2030
Frank Van Goethem
Director
Also active at: Maatschappij voor Industriële Ontwikkeling te Zwijnaarde, Investeringsmaatschappij Modest
since 2024 · until 2025
Kristof Beuren
Director
Also active at: OSTEND SCIENCE PARK, Saxum Management, BLUEBRIDGE INCUBATIE- EN INNOVATIECENTRUM
since 2024 · until 2030
since 2024 · until 2030
since 2024 · until 2030
Mattias Van Vooren
Chairman of the board
since 2024 · until 2030
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Voldersstraat 1
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →Stadsontwikkeling Gent (sogent) same network
€ 13.1 million revenue · 2025
Verbroedering der Registratiebedienden
Citadel Finance
€ 1.1 million gross margin · 2025
Maatschappij voor Industriële Ontwikkeling te Zwijnaarde same network
€ 57,375 revenue · 2025
Investeringsmaatschappij Modest same network
€ 241,973 gross margin · 2025
+4 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
- 0704.841.689
- VAT number
- BE 0704.841.689
- Registered office
- Voldersstraat 1, 9000 Gent
- Names & denominations
- TLG Science Park
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 September 2018
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Beheer van financiële markten
Handel in eigen onroerend goed