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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
VIB BIO-INCUBATOR from Gent, company number BE0711986235, closed financial year 2025 with a result of € -1.4 million after tax. For that financial year VIB BIO-INCUBATOR recorded a gross margin of € 536,162 and equity of € 4.4 million. Compared with financial year 2024, the result moved from € -1.7 million to € -1.4 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 22, 2026.
€ 4.4 million
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.4 million
▲ 17 % less loss than in 2024
Profit after tax over the fiscal year.
€ 195,232
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.4 million.
People and assets in 2025
€ 27,786
▲ 199% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 29.5 million
▼ 5% vs 2024
€ 1.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 25 years.
€ 749,034
▲ 104% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -12,331 | € -23,697 | € 205,152 | € 536,162 | ▲ 161% |
| Profit after taxes | € -27,905 | € -138,002 | € -1,672,430 | € -1,391,846 | ▲ € 280,584 |
| Equity | € 7,846,272 | € 7,708,270 | € 5,938,916 | € 4,447,134 | ▼ 25% |
| Total debts | € 5,940,442 | € 33,089,046 | € 32,367,945 | € 30,946,305 | ▼ 4% |
| Cash | € 820,826 | € 441,563 | € 198,600 | € 195,232 | ▼ 2% |
| Land & buildings | - | - | € 36,358,585 | € 35,077,699 | ▼ 4% |
| Retained profit | € -153,728 | € -291,730 | € -1,964,160 | € -3,356,005 | ▼ € 1.4 million |
| Bank debt | € 3,005,714 | € 30,585,291 | € 31,103,303 | € 29,464,164 | ▼ 5% |
| Balance sheet total | € 14,786,714 | € 41,797,316 | € 39,274,553 | € 36,327,819 | ▼ 8% |
Key figures of VIB BIO-INCUBATOR, 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 VIB BIO-INCUBATOR?
What happened at VIB BIO-INCUBATOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- PARTICIPATIEMAATSCHAPPIJ VLAANDEREN NV stepped down as director. NBB
- Chiela Moens-Seynaeve stepped down as director. NBB
- Christelle Verrue stepped down as director. NBB
- Rikst Gijs Audenaert stepped down as director. NBB
- Christine Durinx stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.4 million. Source: NBB ↗
- Erwin Joseph Vrijens stepped down as director. NBB
- Chiela Moens-Seynaeve became a director. NBB
In short
From € 27,905 loss in 2022 to € 1.4 million loss in 2025.
Paid € 8,366 in corporate taxes since 2022.
Management
The stake of VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGY, Participatiemaatschappij Vlaanderen comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VIB BIO-INCUBATORThe shares are held by VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGY (60%) and Participatiemaatschappij Vlaanderen (40%).
Directors
According to the 2025 annual accounts
Erwin Joseph Vrijens
Director
since 2024 · until 2025
PARTICIPATIEMAATSCHAPPIJ VLAANDEREN NV
Vaste vertegenwoordiger · represented by Sara Engele Vanneste, 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 2031
Rikst Gijs Audenaert
Director
since 2024 · until 2030
since 2024 · until 2030
since 2025 · until 2031
since 2023 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Suzanne Tassierstraat 1
9052 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGY same network
€ 52.6 million revenue · 2025
ORIONIS BIOSCIENCES
€ 11.6 million revenue · 2025
LO²CUS Gent same network
€ 1.7 million gross margin · 2024
S-Biomedic
€ 4.4 million gross margin · 2025
272BIO
€ 104,252 gross margin · 2025
+12 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
- 0711.986.235
- VAT number
- BE 0711.986.235
- Registered office
- Suzanne Tassierstraat 1, 9052 Gent
- Names & denominations
- VIB BIO-INCUBATOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 2018
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected]
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Ontwikkeling van niet-residentiële bouwprojecten
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis