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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Tight liquidity NBB
Cash and receivables cover 8 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
BIO-INCUBATOR ZWIJNAARDE from Gent, company number BE1002857660, closed financial year 2025 with a result of € 108,891 after tax. For that financial year BIO-INCUBATOR ZWIJNAARDE recorded a gross margin of € 1.2 million and equity of € 3.6 million. Compared with financial year 2024, the result moved from € -518,303 to € 108,891. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 2, 2026.
€ 3.6 million
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 108,891
▲ still € 518,303 loss in 2024
Profit after tax over the fiscal year.
€ 517,113
▼ 24% 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 € -409,411.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 12,801
▲ 15% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 8.3 million
▼ 4% vs 2024
Loans from banks and other lenders, long and short.
€ 120,033
▲ 37% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 16,515
▲ 192% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 294,427 | € 1,196,065 | ▲ € 901,638 |
| Profit after taxes | € -518,303 | € 108,891 | ▲ € 627,194 |
| Equity | € 3,481,697 | € 3,590,589 | ▲ 3% |
| Total debts | € 8,978,346 | € 8,608,637 | ▼ 4% |
| Cash | € 681,340 | € 517,113 | ▼ 24% |
| Land & buildings | € 11,519,939 | € 11,395,489 | ▼ 1% |
| Retained profit | € -518,303 | € -409,411 | ▲ € 108,891 |
| Bank debt | € 8,650,000 | € 8,300,000 | ▼ 4% |
| Balance sheet total | € 12,460,044 | € 12,199,226 | ▼ 2% |
Key figures of BIO-INCUBATOR ZWIJNAARDE, fiscal years 2024 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 BIO-INCUBATOR ZWIJNAARDE?
What happened at BIO-INCUBATOR ZWIJNAARDE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 108,891. Source: NBB ↗
- Lexxus bv became a director. NBB
- Hestia Invest bv stepped down as director. NBB
- New establishment in Gent. KBO
- Vierwinden BV became a director. NBB
- RMM Services NV became a director. NBB
- Hestia Invest bv became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 518,303 loss in 2024 to € 108,891 profit in 2025.
Best year ever: 2025, with € 108,891 profit.
Management
The stake of VIERWINDEN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BIO-INCUBATOR ZWIJNAARDEBehind BIO-INCUBATOR ZWIJNAARDE are Lexxus bv, Vierwinden BV and RMM Services NV. The shares are held by VIERWINDEN (40%).
Directors
According to the 2025 annual accounts
Director · represented by Louis Lannoo
Also active at: Ouverture Invest, Industry Project and Engineering Systems, L R E, LOVA, Cresco, The Gates
since 2026
Director · represented by Thierry Storme
since 2023
Managing director · represented by Stefan Mariën
Also active at: ARGON, BIOVEST, Bio-Incubator Gent 2, BIOSCAPE B, BIOSCAPE C, BIOSCAPE A, MENAPY, The Real Factory +6 more
since 2023
Director · represented by Louis Lannoo
Also active at: Industry Project and Engineering Systems
since 2023 · until 2026
Shareholders
40%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Karel van de Woestijnestraat 3
9000 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →ARGON same network
€ 1 million gross margin · 2025
Bio-Incubator Gent 2 same network
€ 810,603 gross margin · 2025
RESTEMA
€ 35,328 gross margin · 2025
BIOSCAPE TAX
The Real Factory same network
€ 93,107 gross margin · 2025
+6 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
- 1002.857.660
- VAT number
- BE 1002.857.660
- Registered office
- Karel van de Woestijnestraat 3, 9000 Gent
- Names & denominations
- BIO-INCUBATOR ZWIJNAARDE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 November 2023
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen
Administratieve en ondersteunende activiteiten ten behoeve van kantoren
Diverse ondersteunende activiteiten ten behoeve van voorzieningen
Handel in eigen onroerend goed
Diverse administratieve activiteiten ten behoeve van kantoren