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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Busy address KBO
26 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
VIVES II - Louvain Technology Fund from Ottignies-Louvain-la-Neuve, company number BE0838819178, closed financial year 2025 with a result of € 3.5 million after tax. For that financial year VIVES II - Louvain Technology Fund recorded a gross margin of € -22,791 and equity of € 7.7 million. Compared with financial year 2024, the result moved from € -4.9 million to € 3.5 million. Profitable, and profit is growing. The buffer shrank hard: equity is 54 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 7.7 million
▼ 54% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3.5 million
▲ still € 4.9 million loss in 2024
Profit after tax over the fiscal year.
€ 151,932
▼ 2% 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 € -6.4 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 8,409
▼ 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 | |
|---|---|---|---|---|---|
| Gross margin | € -572,200 | € -605,006 | € -49,471 | € -22,791 | ▲ € 26,680 |
| Profit after taxes | € 3,226,807 | € -3,455,245 | € -4,851,065 | € 3,489,304 | ▲ € 8.3 million |
| Equity | € 22,471,996 | € 19,625,722 | € 16,914,657 | € 7,711,825 | ▼ 54% |
| Total debts | € 146,635 | € 155,567 | € 22,489 | € 12,409 | ▼ 45% |
| Cash | € 1,618,427 | € 388,857 | € 155,233 | € 151,932 | ▼ 2% |
| Retained profit | € -1,593,090 | € -5,048,335 | € -9,899,400 | € -6,410,096 | ▲ € 3.5 million |
| Balance sheet total | € 22,618,631 | € 19,781,289 | € 16,937,146 | € 7,724,234 | ▼ 54% |
Key figures of VIVES II - Louvain Technology Fund, 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 VIVES II - Louvain Technology Fund?
What happened at VIVES II - Louvain Technology Fund in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Vives Partners SRL stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3.5 million. Source: NBB ↗
- IRD SA stepped down as director. NBB
- ING Belgique stepped down as director. NBB
- BPI France Investissement stepped down as director. NBB
- Invest.Bw stepped down as director. NBB
- Pascal Dumont stepped down as director. NBB
- SFPI stepped down as director. NBB
In short
From € 3.2 million profit in 2022 to € 3.5 million profit in 2025.
Best year ever: 2025, with € 3.5 million profit.
A new publication or filing at VIVES II - Louvain Technology Fund? 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 stake of SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT, SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON, SOPARTEC comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
VIVES II - Louvain Technology FundThe shares are held by SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT (11.7%), SOCIETE D'INVESTISSEMENT ET DE FINANCEMENT DU BRABANT WALLON (9.4%) and SOPARTEC (2.4%). It owns 28.3% of Tessares, 25.4% of Axinesis, 12.5% of Novadip Biosciences , 11.6% of Botalys, 9.8% of Virovet and 3.5% of Aphea.Bio itself.
Directors
According to the 2025 annual accounts
IRD SA
Director · represented by Hélène Guillon épouse Cannard
since 2021 · until 2026
Managing director · represented by Philippe Durieux
Also active at: NOVADIP BIOSCIENCES, TESSARES, AXINESIS, Sunrise, ViroVet, The Akkermansia Company, VOCSens, Vives Inter-University Fund +4 more
since 2024 · until 2026
Director · represented by Bertrand Soenen
Also active at: United Brands Association, FPIM International - SFPI Internationaal - SFPIM International, Uitwisselingscentrum en verrekening, BEDRIJVENCENTRUM REGIO AALST, BEDRIJVENCENTRUM - VLAAMSE ARDENNEN, BEDRIJVENCENTRUM DE PUNT, ENTWICKLUNGS- UND BETEILIGUNGSGESELLSCHAFT OSTBELGIENS, FINANCIERE DU SUD - EST +26 more
since 2021 · until 2026
BPI France Investissement
Director · represented by Sandra Goussu
since 2021 · until 2026
Director · represented by Pierre de Waha Baillonville
Also active at: SOCIETE D'ASSAINISSEMENT ET DE RENOVATION DES SITES INDUSTRIELS DU BRABANT WALLON, SYBERMAT, SCALE UP, TCO Service, Made in BW, Whitestone Group, n-Side, CROSSFACTORY +23 more
since 2021 · until 2026
since 2021 · until 2026
Director · represented by Denis Ronday
Also active at: Aviapartner Belgium, Société Anonyme Belge de Constructions Aéronautiques, Société Nationale de Construction Aérospatiale, COMETSAMBRE, ASCO INDUSTRIES, ZEPHYR - FIN, Sabena Aerospace Engineering, reMYND +57 more
since 2021 · until 2026
since 2022 · until 2026
Jean-François Burguet
Director
since 2021 · until 2025
Charles de Lidekerke
Chairman of the board
since 2021 · until 2026
Shareholders
Establishments
Establishment units
Physical locations of this company
Place de l'Université 16 box 27
1348 Ottignies-Louvain-la-Neuve
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
All companies at this address →MAJORIX
€ -818 gross margin · 2023
N - TECH BELGIUM
J.E.I. RENOV
€ 7,813 gross margin · 2021
Centen Technology Development (Belgium) Co., Ltd
€ -86,165 gross margin · 2024
ERIMAR LOGISTICS COMM V
+21 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
- 0838.819.178
- VAT number
- BE 0838.819.178
- Registered office
- Place de l'Université 16 bus 27, 1348 Ottignies-Louvain-la-Neuve
- Names & denominations
- VIVES II - Louvain Technology Fund · VIVES II
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 25 August 2011
- Peppol
- Not registered