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FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ

Active Risk: not assessed
Public limited companyfounded 199432 yrs activeLouizalaan 32, 1050 Brussel, BelgiumKBO/BCE: BE 0253.445.063
Summary

FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €11.45B and a net result of €290.88M. Equity is growing by ~27.9% per year across the filed fiscal years. Its solvency ranks better than 90% of 2394 sector peers (fiscal year 2025). The company has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term

Signals

1 signal. The signal on the left, the evidence on the right.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-04-2026, 107 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
107 d early
2024
115 d early
2023
106 d early
2022
110 d early
2021
110 d early
2020
75 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema, statutory accounts

Equity
€11.45B▲ 28.3%
2022 · €8.92B
2018: €2.32B 2019: €2.36B 2020: €2.37B 2022: €8.92B
2018 → 2025
Net result
€290.88M▼ 43.6%
2022 · €515.46M
2018: €149.80M 2019: €54.78M 2020: €16.97M 2022: €515.46M
2018 → 2025
Total assets
€11.68B▲ 15.9%
2022 · €10.08B
2018: €2.36B 2019: €2.39B 2020: €2.55B 2022: €10.08B
2018 → 2025
Solvency
98.0%▲ 9.5pp
2022 · 88.5%
2018: 98.2% 2019: 98.8% 2020: 92.8% 2022: 88.5%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020222025Trend
Equity€2.32B-€2.36B▲ 1.8%€2.37B▲ 0.5%€8.92B▲ 276%€11.45B▲ 28.3%
Operating result€46.23M-€-1.51M€-7.16M▼ 374%€-16.90M▼ 136%€-16.94M▼ 0.2%
Net result€149.80M-€54.78M▼ 63.4%€16.97M▼ 69.0%€515.46M▲ 2,937%€290.88M▼ 43.6%
Result per fiscal year
Operating resultNet result
€-200.00M€0€200.00M€400.00M€600.00MOperating result 2018: €46.23M€46.23MNet result 2018: €149.80M€149.80MOperating result 2019: €-1.51M€-1.51MNet result 2019: €54.78M€54.78MOperating result 2020: €-7.16M€-7.16MNet result 2020: €16.97M€16.97MOperating result 2022: €-16.90M€-16.90MNet result 2022: €515.46M€515.46MOperating result 2025: €-16.94M€-16.94MNet result 2025: €290.88M€290.88M20182019202020222025€-200M€0€200M€400M€600MOperating result 2020: €-7.16M€-7.2MNet result 2020: €16.97M€17MOperating result 2022: €-16.90M€-17MNet result 2022: €515.46M€515MOperating result 2025: €-16.94M€-17MNet result 2025: €290.88M€291M202020222025
The operating result is €-16.94M in 2025, compared with €-16.90M in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2022 as the grey bar beneath
Assets €11.68B
Fixed assets €9.87B ▲ 4.7%
Current assets €1.81B ▲ 179%
Equity and liabilities €11.68B
Equity €11.45B ▲ 28.3%
Provisions €0 ▼ 100%
Debt €233.97M ▼ 79.8%
Debt's share of the balance-sheet total falls from 11.5% to 2.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2022
ROE
2.5%
2022 · 5.8%
ROA
2.5%
2022 · 5.1%
Debt ≤ 1 year
€171.22M
2022 · €1.13B
Debt > 1 year
€59.46M
2022 · €26.50M
Income taxes
€21.39M
2022 · €4.69M
Staff costs
€8.58M
2022 · €5.11M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2022 · 92 lines
Balance sheet Code20222025
Assets
Total assets20/58€10.08B€11.68B
Formation expenses20-€80k
Fixed assets21/28€9.43B€9.87B
Tangible fixed assets22/27€518k€19.58M
Furniture and vehicles24€483k€361k
Other tangible fixed assets26€35k€19.22M
Financial fixed assets28€9.43B€9.85B
Affiliated companies280/1€248.75M€1.71B
Participating interests280€248.75M€1.71B
Companies linked by participating interests282/3€2.67B€3.16B
Participating interests282€2.42B€2.68B
Amounts receivable283€247.14M€481.11M
Other financial fixed assets284/8€6.51B€4.98B
Shares284€6.43B€4.92B
Amounts receivable and cash guarantees285/8€76.16M€59.76M
Current assets29/58€649.99M€1.81B
Amounts receivable after more than one year29€11.11M€88.40M
Other amounts receivable291€11.11M€88.40M
Amounts receivable within one year40/41€29.68M€321.46M
Trade receivables40€2.33M€5.70M
Other amounts receivable41€27.35M€315.76M
Current investments50/53€3.29M€1.32B
Other investments51/53€3.29M€1.32B
Cash at bank and in hand54/58€566.96M€35.32M
Deferred charges and accrued income490/1€38.95M€47.14M
Equity and liabilities
Total equity and liabilities10/49€10.08B€11.68B
Equity10/15€8.92B€11.45B
Contributions10/11€7.47B€9.18B
Capital10€7.44B€9.16B
Issued capital100€7.44B€9.16B
Outside capital11€28.89M€28.89M=
Share premium1100/10€28.89M€28.89M=
Reserves13€177.11M€232.61M
Non-distributable reserves130/1€177.11M€232.61M
Legal reserve130€177.11M€232.61M
Profit (loss) carried forward14€1.27B€2.03B
Provisions and deferred taxes16€1k-
Provisions for liabilities and charges160/5€1k-
Other liabilities and charges164/5€1k-
Amounts payable17/49€1.16B€233.97M
Amounts payable after more than one year17€26.50M€59.46M
Financial debts170/4€26.49M€59.45M
Credit institutions173€26.49M€59.45M
Other amounts payable178/9€8k€8k=
Amounts payable within one year42/48€1.13B€171.22M
Current portion of amounts payable after more than one year42-€102k
Financial debts43€840.00M-
Credit institutions430/8€840.00M-
Trade debts44€1.63M€3.31M
Suppliers440/4€1.63M€3.31M
Taxes, remuneration and social security45€828k€1.30M
Taxes450/3€365k€512k
Remuneration and social security454/9€463k€790k
Other amounts payable47/48€286.23M€166.51M
Accrued charges and deferred income492/3€2.21M€3.29M
Income statement Code20222025
Operating income70/76A€11.32M€39.68M
Other operating income74€10.86M€16.96M
Non-recurring operating income76A€453k€22.72M
Operating charges60/66A€28.22M€56.62M
Services and other goods61€12.54M€12.52M
Remuneration, social security and pensions62€5.11M€8.58M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€116k€695k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€47k€94k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-7k-
Other operating charges640/8€10.42M€13.43M
Non-recurring operating charges66A€981€21.30M
Operating profit (loss)9901€-16.90M€-16.94M
Financial income75/76B€579.01M€913.77M
Recurring financial income75€549.59M€824.98M
Income from financial fixed assets750€540.05M€800.55M
Income from current assets751€1.75M€24.43M
Other financial income752/9€7.79M€6
Non-recurring financial income76B€29.42M€88.79M
Financial charges65/66B€41.96M€584.57M
Recurring financial charges65€3.01M€19.75M
Debt charges650€2.15M€2.89M
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€144k€15.31M
Other financial charges652/9€713k€1.54M
Non-recurring financial charges66B€38.95M€564.82M
Profit (loss) for the period before taxes9903€520.15M€312.27M
Income taxes67/77€4.69M€21.39M
Taxes670/3€6.05M€22.44M
Tax adjustments and reversals of tax provisions77€1.36M€1.05M
Profit (loss) for the period9904€515.46M€290.88M
Profit (loss) for the period to be appropriated9905€515.46M€290.88M
Appropriation of the result
Profit (loss) to be appropriated9906€1.33B€2.12B
Profit (loss) brought forward from the previous period14P€814.65M€1.83B
Transfer to equity691/2€25.77M€14.54M
To the legal reserve6920€25.77M€14.54M
Profit to be distributed694/7€31.97M€78.35M
Return on contributions (dividend)694€31.97M€78.35M
Social balance
Average headcount (FTE)908724.638.4

The notes to these accounts (124 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-07
State Gazette act Capital & shares · Restructuring
Merger · Accounting effect · Share cancellation15 facts ▸
  • General meeting, 30/06/2026
  • Merger, 30/06/2026
  • Accounting effect, 31/12/2025
  • Share cancellation, SFPIM REAL ESTATE
  • Director discharge, SFPIM REAL ESTATE
  • Real estate, Perceel grond gelegen Brussel-Haren - 13de afdeling, Vilvoordelaan, pre-kadastratienummer G 0310/00AP0000, 23 are 88 centiare, verkocht aan STIB voor 362.972 EU…
  • Real estate, Stad Brussel - 13de en 21ste afdeling: Perceel grond Vilvoordelaan, sectie A deel openbaar domein en A 0587/21 A 000 P0000, thans A 0587/21 B P0000 (11 ha 31 a…
  • Real estate, Gemeente Boussu - 2de afdeling Hornu: Perceel grond rue de Miniaux, sectie C nummer 0737AP0000, 4 ha 31 a 65 ca
  • Real estate, Gemeente Grâce-Hollogne - 6de afdeling Bierset: Perceel grond nabij Impasse Herman, sectie A nummers 182d, 205e, 255c, 258f, 260d, 260v, 4 ha 11 a 77 ca, verdee…
  • Real estate, Gemeente Essen - 1ste afdeling: Perceel grond Moerkantsebaan en Hemelrijk, sectie E deel 641CP0000, pre-kadastratienummer 6414DP0000, 3 ha 40 a 30 ca
  • Real estate, Stad Tienen - 2de afdeling: Perceel grond Tramstraat, sectie F nummer 0040XP0000, 3 ha 51 a 80 ca, thans 00040W5P0000 (34 a 58 ca), 0040X5P0000 (8 a 72 ca), 004…
  • Real estate, Stad Brussel - 5de afdeling: Resterende eigendomsrechten (erfpacht 99 jaar vanaf 30/05/2007) gebouw kantoorgebruik Handelsstraat 123/131, sectie E nummer 0142EP…
  • +3 further facts in this act
22-07
State Gazette act Miscellaneous
Merger · Accounting effect · Share cancellation6 facts ▸
  • General meeting, 17 juni 2026
  • Merger, absorption, 17 juni 2026
  • Accounting effect, 31 december 2025
  • Share cancellation, SFPIM INTERNATIONAL
  • Director discharge, SFPIM INTERNATIONAL
  • Dissolution, 17-06-2026
22-06
State Gazette act Resignations: Laurence Bovy, Olivier Henin and 7 others
Appointments: Dieter Berckvens, Catherine De Bolle and 7 others · Accounting effect25 facts ▸
  • Director resignation, Laurence Bovy (director)
  • Director resignation, Laurence Bovy (chair)
  • Director resignation, Olivier Henin (director)
  • Director resignation, Olivier Henin (vice-chair)
  • Director resignation, Koen Schoors (director)
  • Director resignation, Koen Schoors (vice-chair)
  • Director resignation, Nicolas Pire (director)
  • Director resignation, Nathalie Ombelets (director)
  • Director resignation, Lieve Schuermans (director)
  • Director resignation, Pierre Harkay (director)
  • Director resignation, Caroline Goddeeris (director)
  • Director resignation, Dieter Berckvoens (director)
  • +13 further facts in this act
16-04
NBB filing Annual accounts filed
fiscal year 2024 · consolidated
15-04
NBB filing Annual accounts filed
fiscal year 2025 · full schema
20-03
State Gazette act Restructuring
Merger · Capital · Accounting effect4 facts ▸
  • Merger, met fusie door overneming gelijkgestelde verrichting
  • Capital, €94.155.020,42
  • Capital, €9.155.388.822,91
  • Accounting effect, 01/01/2026
09-01
State Gazette act Restructuring
Merger · Dissolution · Accounting effect4 facts ▸
  • General meeting, 16/12/2025
  • Merger, 16/12/2025
  • Dissolution, 16-12-2025
  • Accounting effect, 01/07/2025
2025
31-12
Financial Liquidity times 18current ratio 10.58
Current ratio from 0.58 to 10.58; short-term debt falls from €1.13B to €171.22M.
31-12
Financial Equity above €10000MEq €11.45B ▲28.3%
5 profitable years in a row build equity to €11.45B.
05-11
State Gazette act Restructuring
Merger · Accounting effect · Capital4 facts ▸
  • Merger, met fusie door overneming gelijkgestelde verrichting
  • Accounting effect, 01/07/2025
  • Capital, €50.935.755,58
  • Capital, €9.155.388.822,91
02-07
State Gazette act Appointment: FORVIS MAZARS BEDRIJFSREVISOREN - FORVIS MAZARS REVISEURS D' ENTREPRISES BV (statutory auditor)
Permanent representative: Sébastien Schueremans · Reappointments: Michaël Vanloubbeeck, Céline Vaessen and Tom Feys7 facts ▸
  • General meeting, 20-03-2025
  • Auditor appointment, FORVIS MAZARS BEDRIJFSREVISOREN - FORVIS MAZARS REVISEURS D' ENTREPRISES BV (statutory auditor)
  • Permanent representative, Sébastien Schueremans
  • Board meeting, 29-04-2025
  • Director reappointment, Michaël Vanloubbeeck (lid van het uitvoerend comité)
  • Director reappointment, Céline Vaessen (lid van het uitvoerend comité)
  • Director reappointment, Tom Feys (lid van het uitvoerend comité)
25-04
NBB filing Annual accounts filed
fiscal year 2023 · consolidated
Show earlier events
07-04
NBB filing Annual accounts filed
fiscal year 2024 · full schema
14-01
NBB filing Annual accounts filed
fiscal year 2022 · consolidated
2024
03-06
State Gazette act Capital & shares
Capital increase · Capital · Name change7 facts ▸
  • General meeting, 22/05/2024
  • Capital increase, €212.385.765,87
  • Capital increase, €1.501.352.800,41
  • Capital, €9.155.388.822,91
  • Name change
  • Statutes amendment
  • Statutes amendment
26-04
State Gazette act Resignations: Renaat Berckmoes (director) and Ariel Gonzalez (director)
Appointments: Caroline Goddeeris (director) and Dieter Berckvens (director)4 facts ▸
  • Director resignation, Renaat Berckmoes (director)
  • Director resignation, Ariel Gonzalez (director)
  • Director appointment, Caroline Goddeeris (director)
  • Director appointment, Dieter Berckvens (director)
16-04
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
08-05
State Gazette act Appointment: MAZARS Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
  • General meeting, 20-03-2023
  • Auditor appointment, MAZARS Bedrijfsrevisoren BV (statutory auditor)
12-04
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Highest result since 2018net €515.46M ▲2937%
Net result €515.46M, the highest in the series.
31-12
Financial Equity above €5000MEq €8.92B ▲276%
4 profitable years in a row build equity to €8.92B.
13-09
State Gazette act Appointment: Mazars Bedrijfsrevisoren CVBA (statutory auditor)
2 facts ▸
  • General meeting, 10/05/2002
  • Auditor appointment, Mazars Bedrijfsrevisoren CVBA (statutory auditor)
18-05
NBB filing Annual accounts filed
fiscal year 2021 · consolidated
12-04
NBB filing Annual accounts filed
fiscal year 2021 · full schema
11-03
State Gazette act Reappointment: Nicolas Pire (director)
Appointments: Nathalie Ombelets, Lieve Shuermans and 3 others6 facts ▸
  • Director reappointment, Nicolas Pire (director)
  • Director appointment, Nathalie Ombelets (director)
  • Director appointment, Lieve Shuermans (director)
  • Director appointment, Ariel Gonzalez (director)
  • Director appointment, Pierre Harkay (director)
  • Director appointment, Laurence Bovy (chair)
25-02
State Gazette act Appointment: Mazars Bedrijfsrevisoren (statutory auditor)
Capital increase · Capital · Statutes amendment6 facts ▸
  • General meeting, 21-02-2022
  • Capital increase, €638.200.000
  • Capital increase, €5.330.051.611,57
  • Capital, €7.441.650.256,63
  • Statutes amendment
  • Auditor appointment, Mazars Bedrijfsrevisoren (statutory auditor)
2021
19-11
State Gazette act Purpose · Statutes amendment
Purpose change · Statutes amendment · Capital4 facts ▸
  • General meeting, 11/10/2021
  • Purpose change
  • Statutes amendment
  • Capital, €1.473.398.645,06
25-10
State Gazette act Appointments: Michael Vanloubbeeck, Tom Feys and Céline Vaessen
5 facts ▸
  • Board meeting, 05/02/2019
  • Director appointment, Michael Vanloubbeeck (directeur financiën en administratie (chief financial and administrative officer))
  • Director appointment, Tom Feys (directeur investeringen (chief investment officer))
  • Director appointment, Céline Vaessen (directeur investeringen (chief investment officer))
  • Board meeting, 09/03/2021
18-10
State Gazette act Appointments: Isabelle Callens, Leen Van den Neste and 3 others
Resignations: Lieve Schuermans, Jeanine Windey and Jan Verschooten · Reappointments: Laurence Bovy, Renaat Berckmoes and 2 others13 facts ▸
  • Director appointment, Isabelle Callens (independent director)
  • Director appointment, Leen Van den Neste (independent director)
  • Director resignation, Lieve Schuermans
  • Director resignation, Jeanine Windey
  • Director reappointment, Laurence Bovy (director)
  • Director reappointment, Renaat Berckmoes (director)
  • Director reappointment, Olivier Henin (director)
  • Director reappointment, Koenraad Van Loo (director)
  • Director appointment, Koen Schoors (director)
  • Director appointment, Olivier Henin (vice-chair)
  • Director appointment, Koen Schoors (vice-chair)
  • Director appointment, Koenraad Van Loo (afgevaardigd bestuurder)
  • +1 further facts in this act
06-09
State Gazette act Appointments: Michael Vanloubbeeck, Tom Feys and Céline Vaessen
Statutes amendment6 facts ▸
  • Board meeting, 05/02/2019
  • Board meeting, 09/03/2021
  • Director appointment, Michael Vanloubbeeck (directeur financiën en administratie (chief financial and administrative officer))
  • Director appointment, Tom Feys (directeur investeringen (chief investment officer))
  • Director appointment, Céline Vaessen (directeur investeringen (chief investment officer))
  • Statutes amendment
17-05
NBB filing Annual accounts filed
fiscal year 2020 · consolidated
07-05
State Gazette act Resignations & appointments
Board meeting1 fact ▸
  • Board meeting, 09/03/2021
2020
31-12
Financial Weakest financial yearnet €16.97M ▼69%
Net result drops to €16.97M, the lowest in the series; recovery starts the following year.
02-04
State Gazette act Statutes amendment
2 facts ▸
  • General meeting, 16/03/2020
  • Statutes amendment
2019
14-08
State Gazette act Appointments: Mazars Bedrijfsrevisoren CVBA, Koenraad Van Loo and Pascal Lizin
Permanent representative: Anton Nuttens5 facts ▸
  • General meeting, 28/06/2019
  • Auditor appointment, Mazars Bedrijfsrevisoren CVBA (statutory auditor)
  • Permanent representative, Anton Nuttens
  • Director appointment, Koenraad Van Loo (afgevaardigd bestuurder)
  • Director appointment, Pascal Lizin (chair)
18-06
State Gazette act Statutes amendment
Capital3 facts ▸
  • General meeting, 23/05/2019
  • Statutes amendment
  • Capital, €1.473.398.645,06
18-06
State Gazette act Statutes amendment
Capital4 facts ▸
  • General meeting, 23/05/2019
  • Statutes amendment
  • Statutes amendment
  • Capital, €1.473.398.645,06
02-01
State Gazette act Resignations: Laurence Glautier (chair and director) and Valérie Leburton (director)
Appointments: Pascal Lizin (member and chair of the board) and Valérie Potier (director)4 facts ▸
  • Director resignation, Laurence Glautier (chair and director)
  • Director appointment, Pascal Lizin (member and chair of the board)
  • Director resignation, Valérie Leburton (director)
  • Director appointment, Valérie Potier (director)
2018
28-09
State Gazette act Resignations & appointments
Power of attorney · Mandate term · Mandate effective date3 facts ▸
  • Power of attorney, STATER BELGIUM
  • Mandate term, onbeperkte duur
  • Mandate effective date, 20/06/2018
05-07
State Gazette act Restructuring
Merger · Accounting effect3 facts ▸
  • General meeting, 20/06/2018
  • Merger, verrichting gelijkgesteld met een fusie door overneming, 20/06/2018
  • Accounting effect, 01/01/2018
04-05
State Gazette act Restructuring
Merger · Accounting effect2 facts ▸
  • Merger, vereenvoudigde fusie door overneming
  • Accounting effect, 01/01/2018
2017
09-10
State Gazette act Capital & shares · Purpose
Purpose change · Capital decrease · Capital4 facts ▸
  • General meeting, 25/09/2017
  • Purpose change, toevoeging na de woorden "van het industrieel beleid van de Staat" van de bepalingen "en tot de afwikkeling van financiële instellingen" in de 1ste alinea van d…
  • Capital decrease, €236.552.000
  • Capital, €1.473.398.645,06
24-08
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital · Statutes amendment5 facts ▸
  • General meeting, 27/07/2017
  • Capital increase, €177.209.689,69
  • Capital, €1.709.950.645,06
  • Statutes amendment
  • Expert report, commissaris, 06/07/2017
24-08
State Gazette act Restructuring
Merger · Dissolution · Accounting effect8 facts ▸
  • General meeting, 27/07/2017
  • Merger, 27/07/2017
  • Dissolution, 27-07-2017
  • Accounting effect, 01/01/2017
  • Power of attorney, Koen Van Loo
  • Power of attorney, François Fontaine
  • Power of attorney, Virginie Meert
  • Power of attorney, Alexandra Vanhoudenhoven
14-07
State Gazette act Appointment: Lieve Schuermans (nederlandstalige onafhankelijke bestuurder)
Resignation: Koenraad Dom (director)3 facts ▸
  • General meeting, 21/06/2017
  • Director appointment, Lieve Schuermans (nederlandstalige onafhankelijke bestuurder)
  • Director resignation, Koenraad Dom
14-02
State Gazette act Restructuring
Merger · Accounting effect · Merger condition5 facts ▸
  • Merger
  • Accounting effect, 31/12/2016
  • Merger condition, een besluit van de Ministerraad dat de Vereenvoudigde Fusie goedkeurt; de inkoop door de Over Te Nemen Vennootschap van twee (2) aandelen die de Regie der Gebou…
  • Meeting date, 31/03/2017
  • Notary, Peter Van Melkebeke
2016
04-07
State Gazette act Appointment: Mazars Bedrijfsrevisoren CVBA (statutory auditor)
2 facts ▸
  • General meeting, 15/06/2016
  • Auditor appointment, Mazars Bedrijfsrevisoren CVBA (statutory auditor)
2014
02-07
State Gazette act Appointment: Mazars! Réviseurs d'Entreprises - Mazars Bedrijfsrevisoren (statutory auditor)
2 facts ▸
  • General meeting, 19-06-2013
  • Auditor appointment, Mazars! Réviseurs d'Entreprises - Mazars Bedrijfsrevisoren (statutory auditor)
2013
24-12
State Gazette act Reappointments: Olivier HENIN, Koenraad VAN LOO and 2 others
Appointments: Renaat BERCKMOES (director) and Laurence BOVY (director)10 facts ▸
  • General meeting, 13/11/2013
  • Director reappointment, Olivier HENIN (director)
  • Director reappointment, Koenraad VAN LOO (director)
  • Director reappointment, Jan VERSCHOOTEN (director)
  • Director appointment, Renaat BERCKMOES (director)
  • Director appointment, Laurence BOVY (director)
  • Director appointment, Laurence BOVY (voorzitster van de raad van bestuur)
  • Director reappointment, Olivier HENIN (vice-chair)
  • Director reappointment, Koenraad VAN LOO (gedelegerde bestuurder)
  • Director reappointment, Jeanine WINDEY (independent director)
17-12
State Gazette act Statutes amendment
2 facts ▸
  • General meeting, 29/11/2013
  • Statutes amendment
2012
25-04
State Gazette act Statutes amendment
Power of attorney3 facts ▸
  • General meeting, 03/04/2012
  • Statutes amendment
  • Power of attorney, Koenraad Van Loo
2011
25-03
State Gazette act Statutes amendment
Power of attorney3 facts ▸
  • General meeting, 03/03/2011
  • Statutes amendment
  • Power of attorney, Koenraad Van Loo
22-02
State Gazette act Registered office
Registered-office move2 facts ▸
  • Board meeting, 07/02/2011
  • Registered-office move, avenue Louise 32/boîte 4 à 1050 - Bruxelles
2010
08-07
State Gazette act Reappointments: Jean COURTIN, Hans D'HONDT and 3 others
Appointments: Karine MOYKENS (director) and Mazars Bedrijfsrevisoren (statutory auditor) · Resignation: Rudi VANDER VENNET (director)10 facts ▸
  • General meeting, 23/02/2010
  • General meeting, 02/06/2010
  • Director reappointment, Jean COURTIN (director)
  • Director reappointment, Hans D'HONDT (director)
  • Director reappointment, Philippe LALLEMAND (director)
  • Director reappointment, Isabelle VIENNE (director)
  • Director appointment, Karine MOYKENS (director)
  • Director resignation, Rudi VANDER VENNET (director)
  • Director reappointment, Koenraad DOM (director)
  • Auditor appointment, Mazars Bedrijfsrevisoren (statutory auditor)
14-01
State Gazette act Purpose · Statutes amendment
Purpose change · Statutes amendment · Power of attorney4 facts ▸
  • General meeting, 23/12/2009
  • Purpose change, De woorden 'overheids- of privé-' worden geschrapt en vervangen door 'privé' in artikel 3, §1, alinea 1 van de statuten.
  • Statutes amendment
  • Power of attorney, Koenraad Van Loo
2006
24-07
State Gazette act Restructuring
Merger1 fact ▸
  • Merger
19-06
State Gazette act Resignation: Michel Bellemans (director)
2 facts ▸
  • General meeting, 03/05/2006
  • Director resignation, Michel Bellemans (director)
19-06
State Gazette act Appointment: Koenraad Van Loo (director)
Resignation: Michel Bellemans (director)3 facts ▸
  • Board meeting, 24/05/2006
  • Director appointment, Koenraad Van Loo (director)
  • Director resignation, Michel Bellemans (director)
20-02
State Gazette act Resignation: Paul Van Rompuy (director)
Appointment: Hans D'Hondt (director) · Mandate compensation · Approval12 facts ▸
  • General meeting, 26/01/2006
  • Director resignation, Paul Van Rompuy (director)
  • Director appointment, Hans D'Hondt (director)
  • Mandate compensation, Hans D'Hondt
  • Approval, goedkeuring van het bijzonder verslag van de Raad van Bestuur en van het verslag van de commissarissen
  • Capital increase, €75.000.000
  • Share issue, 300000, 250,00 EUR
  • Bank account, 001-4752419-77 bij FORTIS BANK
  • Capital, €205.276.444
  • Statutes amendment
  • Power of attorney, Raad van Bestuur
  • Payment schedule, 52 500 000,00 EUR, 5 000 000,00 EUR per year for 10 years from 2009, 2 500 000,00 EUR in the 11th year
2004
15-07
State Gazette act Appointments: ERNST & YOUNG. Révtseurs d'Entreprises, SCC (réviseurs d'entreprises) and KLYNVELD, PEAT, MARWICK, GOERDELER, Réviseurs d'Entreprises, SCC (réviseurs d'entreprises)
3 facts ▸
  • General meeting, 05/05/2004
  • Auditor appointment, ERNST & YOUNG. Révtseurs d'Entreprises, SCC (réviseurs d'entreprises)
  • Auditor appointment, KLYNVELD, PEAT, MARWICK, GOERDELER, Réviseurs d'Entreprises, SCC (réviseurs d'entreprises)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.

Directors · office · real estate

Directors
23 directors, no change since 2026
Axel Miller
Director · since 15-04-2026
Current
BERCKVENS Dieter
Director · since 15-04-2026
Current
Caroline Goddeeris
Director · since 15-04-2026
Current
Catherine de Bolle
Director · since 15-04-2026
Current
Damien De Vroey
Director · since 15-04-2026
Current
Diane Govaerts
Director · since 15-04-2026
Current
17 other directors
Jean-Albert Nyssens
Director · since 15-04-2026
Current
Jeroen Overmeer
Director · since 15-04-2026
Current
Olivier HENIN
Director · since 15-04-2026
Current
Lieve Shuermans
Director · since 01-01-2022
Current
Isabelle CALLENS
Independent director · since 18-10-2021
Current
Leen Van den Neste
Independent director · since 18-10-2021
Current
Céline Vaessen
Member of the executive committee · since 05-02-2019
Current
Feys, Tom
Lid van het uitvoerend comité · since 05-02-2019
Current
Michael Vanloubbeeck
Member of the executive committee · since 05-02-2019
Current
Pascal Lizin
Chair · since 28-03-2018
Current
Koenraad VAN LOO
Managing director · since 24-05-2006
Current
Valérie Potier
Director · since 28-03-2018
Not recently confirmed
Hans D'HONDT
Director · since 26-01-2006
Not recently confirmed
Isabelle VIENNE
Director · since 01-11-2009
Not recently confirmed
Jean COURTIN
Director · since 01-11-2009
Not recently confirmed
Karine MOYKENS
Director · since 01-11-2009
Not recently confirmed
Philippe LALLEMAND
Director · since 01-11-2009
Not recently confirmed
15-04-2026 Axel Miller: Appointed as Director
15-04-2026 Axel Miller: Appointed as Chair of the board
15-04-2026 Axel Miller: Appointed as Director
15-04-2026 Axel Miller: Appointed as Chair
15-04-2026 BERCKVENS Dieter: Reappointed as Director
Full history in the Timeline (151 changes) →
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1994
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Louizalaan 321050 Brussel
Ground area
1,004 m²
Building footprint
1,003 m²
Volume, LiDAR
17,294 m³
Parcel 21009A0364/00W000, Brussels · tallest building 23.8 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
SFPIM
Louizalaan 32, 1050 ElseneNACE 65231
since 19942.068.500.353
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21009A0364/00W000 Brussels 1,004 m² 1 · 1,003 m² 23.8 m · 7 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

4 auditors
Mazars Bedrijfsrevisoren BVCurrent
Statutory auditor
20-03-2023 → present
Mazars Bedrijfsrevisoren CVBACurrent
Statutory auditor
13-09-2022 → present
Mazars Réviseurs d'entreprises SRLCurrent
Statutory auditor · represented by Sébastien Schueremans
08-05-2023 → present
SCRL Mazars Réviseurs d'entreprisesCurrent
Statutory auditor
13-09-2022 → present
Show 3 earlier auditors
Forvis Mazars Réviseurs d’Entreprises
Statutory auditor · represented by Sébastien Schueremans
succeeded by SCRL Mazars Réviseurs d'entreprises in 2022
02-07-2014 → 13-09-2022
Mazars Bedrijfsrevisoren
Statutory auditor · represented by e5
succeeded by Forvis Mazars Réviseurs d’Entreprises in 2014
08-07-2010 → 02-07-2014
MAZARS REVISEURS D'ENTREPRISES
Statutory auditor · represented by e10
succeeded by Forvis Mazars Réviseurs d’Entreprises in 2014
08-07-2010 → 02-07-2014

Articles of association

Purpose
§ 1- De Federale Participatie- en Investeringsmaatschappij heeft tot voorwerp enerzijds, in het belang van de Belgische economie, en rekening houdend met het industrieel beleid van…
Full purpose

§ 1- De Federale Participatie- en Investeringsmaatschappij heeft tot voorwerp enerzijds, in het belang van de Belgische economie, en rekening houdend met het industrieel beleid van de Staat, de oprichting de reorganisatie of de uitbreiding te bevorderen van privébedrijven die de vorm hebben van van naamloze vennootschappen, Europese vennootschappen, besloten vennootschappen of coöperatieve vennootschappen. Om dat voorwerp te bereiken, kan de Federale Participatie- en Investeringsmaatschappij onder meer: 1° deel uitmaken van verenigingen, groepen, syndicaten voor studie of onderzoek die gevormd zijn met het oog op het oprichten of het reorganiseren van ondernemingen; 2° een gedeelte van het kapitaal of van het eigen vermogen inbrengen bij de oprichting van een vennootschap, deelnemen aan een kapitaalverhoging of aan een verhoging van het eigen vermogen of het voorkeurrecht uitoefenen; 3° een participatie op een andere wijze verkrijgen; 4° inschrijven op of verkrijgen winstbewijzen, certificaten die betrekking hebben op aandelen, winstbewijzen, converteerbare obligaties of inschrijvingsrechten, converteerbare obligaties en inschrijvingsrechten en, meer in het algemeen, alle effecten die rechtstreeks of onrechtstreeks tot het kapitaal of tot het eigen vermogen toegang geven en alle effecten die op dergelijke effecten recht geven, met inbegrip van de sluiting van elke optieovereenkomst; 5° de verrichtingen uitvoeren welke op de voormelde tussenkomsten betrekking hebben met inbegrip van met name de toekenning van alle voorschotten aan de ondernemingen waarin zij een deelneming heeft of welke aan de bescherming van haar patrimoniale belangen beantwoorden. § 2- De Federale Participatie- en Investeringsmaatschappij heeft anderzijds tot voorwerp het economisch overheidsinitiatief te bevorderen. Zij kan daartoe overgaan tot of deelnemen aan de oprichting van vennootschappen met of zonder rechtspersoonlijkheid, participaties en belangen nemen in dergelijke vennootschappen en aan hun bestuur deelnemen. Om dat voorwerp te bereiken, mag de Federale Participatie- en Investeringsmaatschappij, door inbrengen, participatieoverdrachten, fusies, splitsingen of anderszins, alle belangen nemen in verenigingen, syndicaten en vennootschappen en alle financiële en vastgoed-verrichtingen doen, alle ondernemingen aangaan en alle verrichtingen uitvoeren die rechtstreeks of onrechtstreeks met dat voorwerp verband houden of van die aard zijn dat ze de verwezenlijking ervan bevorderen. Ze mag onder meet alle roerende en onroerende goederen kopen, verkopen, huren en beheren. § 3 - De Federale Participatie- en Investeringsmaatschappij heeft bovendien tot voorwerp bij te dragen tot de tenuitvoerlegging van het industrieel beleid van de Staat en tot de afwikkeling van financiële instellingen. Zij is verplicht alle opdrachten te vervullen die haar bij bijzondere wetten of bij in Ministerraad opgelegde koninklijke besluiten worden toevertrouwd. De Staat verschaft aan de Federale Participatie- en Investeringsmaatschappij de financiële middelen die nodig zijn voor de vervulling van deze opdrachten en voor de dekking van de lasten die er voor haar uit voortvloeien. De door de Federale Investeringsmaatschappij, in toepassing van deze opdrachten uitgevoerde verrichtingen, worden op een onderscheiden manier in haar rekeningen voorgesteld Ten einde dit voorwerp te verwezenlijken, beschikt de Federale Participatie- en Investeringsmaatschappij over de financiële technieken vermeld in §§ 1 en 2 van dit artikel. § 3bis - De federale regering kan, voor alle materie die tot haar bevoegdheid behoren, advies inwinnen bij de Federale Participatie- en Investeringsmaatschappij en haar gespecialiseerde dochtermaatschappijen, in het kader van haar wettelijke opdrachten, omtrent mogelijke projecten tot oprichting van rechtspersonen, hervorming of participatie in deze door de Staat, door een federale overheidsbedrijf of door een federale overheidsinstelling. Dit advies wordt verstrekt op vraag van de toezichthoudende Minister(s). Het is van financiële, economische en juridische aard. De Staat verschaft aan de Federale Participatie- en Investeringsmaatschappij de financiële middelen die nodig zijn voor deze opdrachten.

Structure & network

Connections & network

73 connected companies
Leen Van den Neste, Shared director, links 15 companies LVLeen Van denNestevdk bank, via Leen Van den Neste VBvdk bankArteveldehogeschool, via Leen Van den Neste AArteveldehoge…CAPLINE, via Leen Van den Neste CCAPLINEELIA ASSET, via Leen Van den Neste EAELIA ASSETElia Group, via Leen Van den Neste EGElia GroupEnvia Waas, via Leen Van den Neste EWEnvia WaasFamiliehulp, via Leen Van den Neste FFamiliehulpFamiliehulp Goed Wonen, via Leen Van den Neste FGFamiliehulpGoed WonenFamiliehulp kinderopvang De Speelboom, via Leen Van den Neste FKFamiliehulpkinderopvang…Fédération belge du Secteur Financier - Belgische Federatie van de Financiële Sector - Belgian Financial sector Federation, via Leen Van den Neste FBFédérationbelge du…HULPMIDDELENCENTRALE, via Leen Van den Neste HHULPMIDDELENC…INTERFINANCE, via Leen Van den Neste IINTERFINANCEL'Economie Populaire, via Leen Van den Neste LPL'EconomiePopulaireFEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ FEDERALEPARTICIPATI…0253.445.063
Shared directors
Linked via shared directors
Algemeen Ziekenhuis Diest
via Jeroen Overmeer · Lid van het bestuursorgaan en de algemene vergadering
EUROCLEAR
via Feys, Tom · Director
Show 69 more companies with a shared director
ICC Belgique
via Pascal Lizin · Director
PUBLI-T
via Koenraad VAN LOO · Director
vdk bank
via Leen Van den Neste · Voorzitter directiecomité
former
former
former
former
CAPRICORN ICT ARKIV
via Koenraad VAN LOO · Klasse a bestuurder
former
former
CRELAN
via Axel Miller · Director
former
former
former
D'Ieteren Group
via Axel Miller · Managing director
former
former
former
ELIA ASSET
via Leen Van den Neste · Niet onafhankelijke bestuurder
former
Elia Group
via Leen Van den Neste · Niet onafhankelijke bestuurder
former
former
former
former
former
IPM Group
via Axel Miller · Director
former
former
LijnCom
via Jeroen Overmeer · Director
former
n-Side
via Axel Miller · Director
former
OPERATEUR DE RESEAUX D'ENERGIES
via Isabelle CALLENS · Member of the executive committee
former
former
RETAIL ESTATES
via Leen Van den Neste · Independent director
former
former
BIO.BE
Shared director
EGOV SELECT
Shared director
ETHIAS
Shared director
Ethias Pension Fund
Shared director
Ethias Solution
Shared director
EthiasCo
Shared director
FLUXYS
Shared director
FLUXYS BELGIUM
Shared director
Fondation Roi Baudouin
Shared director
INCLUSIO
Shared director
NEB PARTICIPATIONS
Shared director
NOSHAQ
Shared director
NOSHAQ EUROPE 3
Shared director
NOSHAQ IMMO
Shared director
Réseau Solidaris
Shared director
SOCOFE
Shared director

Ownership & control

3 subsidiaries, 2 abroad · 24 board mandates
FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJBE 0253.445.063
controls
Where this company holds controlsubsidiary per the LEI register3
The Mill Apartments, LLLP
Denver, United States · indirect
TWG Banjo, LP
Des Moines, United States · indirect · LEI lapsed
Board mandates of this companythis company sits on their board24
Show 18 more
1 location
1 location
1 location
1 location · open bankruptcy
1 location
1 location
1 location
1 location
1 location
1 location
1 location
1 location
1 location
1 location

Acquisitions and mergers

8 transactions
BE 0411.892.088merger by absorption · State Gazette act of 31-08-2026 (9 acts) · effective 17-06-2026
BE 0867.095.371merger by absorption · State Gazette act of 31-08-2026 (5 acts) · effective 30-06-2026
Took over:Certi-Fed
BE 0890.159.991merger by absorption · State Gazette act of 09-01-2026 (5 acts) · effective 16-12-2025
Took over:CREDIBE
BE 0203.286.561simplified merger · State Gazette act of 05-07-2018 (4 acts) · effective 20-06-2018
Took over:SOPIMA
BE 0459.667.558merger by absorption · State Gazette act of 24-08-2017 (2 acts) · effective 27-07-2017
Took over:SOPIMA
BE 0459.667.558proposal · State Gazette act of 14-02-2017 (2 acts)
Took over:Federale Participatiemaatschappij
proposal · State Gazette act of 24-07-2006
Took over:Société fédérale de Participations
proposal · State Gazette act of 24-07-2006

Capital and shareholders

Capital over the years
  1. 20-03-2026 Capital stated in 2 acts · 9,155,388,822.91 EUR · 31,161,692 shares
  2. 03-06-2024 Capital increase of 212,385,765.87 EUR · to 7,654,036,022.50 EUR · 601,489 new shares
  3. 03-06-2024 Capital increase of 1,501,352,800.41 EUR · to 9,155,388,822.91 EUR · 4,251,920 new shares
  4. 25-02-2022 Capital increase of 638,200,000 EUR · to 2,111,598,645.06 EUR · in kind
  5. 25-02-2022 Capital increase of 5,330,051,611.57 EUR · to 7,441,650,256.63 EUR · in kind
  6. 19-11-2021 Capital stated in 2 acts · 1,473,398,645.06 EUR
  7. 09-10-2017 Capital reduction of 236,552,000 EUR · “teruggave aan de Schatkist van haar liquiditeiten verkregen in het kader van de fusie met Sopima NV”
  8. 24-08-2017 Capital increase of 177,209,689.69 EUR · to 1,709,950,645.06 EUR · 578,978 new shares · in kind
Show 1 older capital entries
  1. 20-02-2006 Capital increase of 75,000,000 EUR · to 205,276,444 EUR · 300,000 new shares

Recognitions · licences · registrations

Legal Entity Identifier

549300D9D0JUQQ68OL87
live in the LEI register

Similar companies · same sector, comparable size

Of 24,725 companies in sector 64210 we hold annual accounts for 19,762. 62 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded16-09-1994
Fiscal year end31-12
Legal name FR SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT
Abbreviation S.F.P.I. - F.P.I.M.
Abbreviation FR SFPIM
Abbreviation NL SFPIM
Activities, NACEBEL 2025
64210Activities of holding companies
68203Renting and operating of own or leased non-residential real estate, excluding land
84119Public administration and defence; compulsory social security
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.