Financials
Financial year 2025
Fonds voor wetenschappelijk Onderzoek - Vlaanderen from Brussel, company number BE0880212840, closed financial year 2025 with a result of € 23.4 million after tax. Compared with financial year 2024, the result moved from € 20.1 million to € 23.4 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 March 26, 2026.
€ 183.9 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 23.4 million
▲ 16% vs 2024
Profit after tax over the fiscal year.
€ 11.6 million
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
2,772.6
▼ 7.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 186.1 million
▲ 4% vs 2024
€ 67,100 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.
€ 826,998
▼ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 830,876
▼ 7% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 1 days on average.
€ 26.9 million
▲ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Profit after taxes | € 10,716,919 | € 13,498,672 | € 20,091,337 | € 23,357,416 | ▲ 16% |
| Equity | € 126,951,253 | € 140,449,925 | € 160,541,262 | € 183,898,678 | ▲ 15% |
| Total debts | € 70,938,472 | € 89,232,052 | € 80,373,854 | € 76,397,139 | ▼ 5% |
| Cash | € 7,146,670 | € 1,413,187 | € 19,914,491 | € 11,579,272 | ▼ 42% |
| Land & buildings | € 25,755,835 | € 25,832,069 | € 25,238,969 | € 24,566,149 | ▼ 3% |
| Retained profit | € 115,487,011 | € 128,985,683 | € 149,077,020 | € 172,434,436 | ▲ 16% |
| Bank debt | € 0 | € 7,375,530 | € 0 | € 0 | |
| Balance sheet total | € 197,889,726 | € 229,681,978 | € 240,915,116 | € 260,295,817 | ▲ 8% |
| Employees (FTE) | 2,737.2 | 2,769.3 | 2,779.9 | 2,772.6 | ▼ 7.3 |
Key figures of Fonds voor wetenschappelijk Onderzoek - Vlaanderen, 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 Fonds voor wetenschappelijk Onderzoek - Vlaanderen?
What happened at Fonds voor wetenschappelijk Onderzoek - Vlaanderen in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Bruno Blondé stepped down as director. NBB
- Katrien Lagrou stepped down as director. NBB
- Veronique Van Speybroeck stepped down as director. NBB
- Karolien Vasseur stepped down as director. NBB
- Karin Vanderkerken stepped down as director. NBB
- Jos van Sas stepped down as director. NBB
- Tom Vander Beken stepped down as director. NBB
- Dorien Luyckx stepped down as director. NBB
In short
From € 10.7 million profit in 2022 to € 23.4 million profit in 2025.
Best year ever: 2025, with € 23.4 million profit.
Pays suppliers within 1 days on average.
Management
Directors
According to the 2025 annual accounts
Bruno Blondé
Chairman of the board
since 2025 · until 2030
Katrien Lagrou
Director
since 2024 · until 2030
Veronique Van Speybroeck
Director
since 2025 · until 2030
Karolien Vasseur
Director
since 2025 · until 2030
Karin Vanderkerken
Director
Also active at: Universitair Centrum voor Ontwikkelingssamenwerking, GOES-ENTREPRISE
since 2022 · until 2030
Jan Delcour
Director
Also active at: VLAAMSE INSTELLING VOOR TECHNOLOGISCH ONDERZOEK, BROUWERIJ LINDEMANS, DE LINDE, BETTER3FRUIT, Kastanjebosrand, Food Port, Bio-Incubator Leuven, TILIA HOLDING
since 2020 · until 2023
Jos van Sas
Director
since 2020 · until 2030
Tom Vander Beken
Director
since 2024 · until 2030
Dorien Luyckx
Director
since 2025 · until 2030
Bram Pareyt
Vice-chairman of the board
since 2025 · until 2030
since 2020 · until 2030
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Leuvenseweg 38
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0880.212.840
- VAT number
- BE 0880.212.840
- Registered office
- Leuvenseweg 38, 1000 Brussel
- Names & denominations
- Fonds voor wetenschappelijk Onderzoek - Vlaanderen · FWO
- Enterprise type
- Rechtspersoon
- Legal form
- Public-interest foundation
- Legal situation
- Normale toestand
- Start date
- 24 March 2006
- Peppol
- Active · Active since 25 Mar 2026
- Activities · NACE
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied