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Vlerick Business School

Active
Public-utility foundationfounded 198343 yrs activeReep 1, 9000 Gent, BelgiumKBO/BCE: BE 0424.244.049
Summary

For the legal form of Vlerick Business School, Checked does not compute a bankruptcy probability. The 2025 annual accounts show equity of €49.45M and a net result of €-1.54M. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 58% of 684 sector peers (fiscal year 2025). The company has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
64 / 100
Healthy▲ +16 vs 2024
The score weighs solvency, liquidity and profitability. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▲+37
Solvency89▼-1
Growth35=
Track record100
Credit verdict
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 2.04 against 1.94 in 2024; short-term debt: 6.8% and cash: 1.9% of total assets), and 36% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Two signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year €-1.54M
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 02-06-2026, 59 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
59 d early
2024
64 d early
2023
50 d early
2022
59 d early
2021
61 d early
2020
50 d early
2019
50 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, abbreviated schema

Turnover
€37.44M▼ 1.3%
2024 · €37.93M
2018: €33.57M 2019: €34.25M 2020: €28.56M 2021: €30.26M 2022: €36.58M 2023: €37.46M 2024: €37.93M
2018 → 2025
EBIT margin
-3.4%▲ 3.6pp
2024 · -7.1%
2018: 8.8% 2019: 4.8% 2020: 4.5% 2021: 5.9% 2022: 3.8% 2023: -4.9% 2024: -7.1%
2018 → 2025
Net result
€-1.54M▲ 47.4%
2024 · €-2.93M
2018: €2.45M 2019: €1.28M 2020: €914k 2021: €1.48M 2022: €1.11M 2023: €-2.00M 2024: €-2.93M
2018 → 2025
Working capital
€5.45M▼ 9.0%
2024 · €5.99M
2018: €5.98M 2019: €8.84M 2020: €6.16M 2021: €9.28M 2022: €8.78M 2023: €6.48M 2024: €5.99M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Turnover€30.26M-€36.58M▲ 20.9%€37.46M▲ 2.4%€37.93M▲ 1.3%€37.44M▼ 1.3%
Equity€54.82M-€55.93M▲ 2.0%€53.93M▼ 3.6%€51.00M▼ 5.4%€49.45M▼ 3.0%
Operating result€1.77M-€1.37M▼ 22.6%€-1.85M€-2.68M▼ 45.0%€-1.28M▲ 52.2%
Net result€1.48M-€1.11M▼ 25.1%€-2.00M€-2.93M▼ 46.9%€-1.54M▲ 47.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-4.00M€-2.00M€0€2.00MOperating result 2021: €1.77M€1.77MNet result 2021: €1.48M€1.48MOperating result 2022: €1.37M€1.37MNet result 2022: €1.11M€1.11MOperating result 2023: €-1.85M€-1.85MNet result 2023: €-2.00M€-2.00MOperating result 2024: €-2.68M€-2.68MNet result 2024: €-2.93M€-2.93MOperating result 2025: €-1.28M€-1.28MNet result 2025: €-1.54M€-1.54M20212022202320242025€-3M€-2M€-1M€0Operating result 2023: €-1.85M€-1.8MNet result 2023: €-2.00M€-2MOperating result 2024: €-2.68M€-2.7MNet result 2024: €-2.93M€-2.9MOperating result 2025: €-1.28M€-1.3MNet result 2025: €-1.54M€-1.5M202320242025
The operating result stays negative: a loss of €1.28M in 2025 against €2.68M in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €77.22M
Fixed assets €66.54M ▲ 0.8%
Current assets €10.68M ▼ 13.6%
Equity and liabilities €77.22M
Equity €49.45M ▼ 3.0%
Debt €27.77M ▲ 1.4%
Debt's share of the balance-sheet total rises from 34.9% to 36.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.11M
2024 · €-158k
Cash flow
€846k
2024 · €-414k
Current ratio
2.04
2024 · 1.94
Debt to equity
0.56
2024 · 0.54
ROE
-3.1%
2024 · -5.8%
ROA
-2.0%
2024 · -3.7%
Interest coverage
5.44
2024 · -0.96
Debt ≤ 1 year
€5.23M
2024 · €6.37M
Debt > 1 year
€8.01M
2024 · €5.46M
Income taxes
€14k
2024 · €17k
Staff costs
€14.55M
2024 · €14.18M
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 2024 · 69 lines
Balance sheet Code20242025
Assets
Total assets20/58€78.37M€77.22M
Fixed assets21/28€66.02M€66.54M
Intangible fixed assets21€854k€895k
Tangible fixed assets22/27€13.67M€14.15M
Land and buildings22€9.45M€10.24M
Plant, machinery and equipment23€271k€228k
Furniture and vehicles24€347k€279k
Other tangible fixed assets26€3.59M€3.40M
Financial fixed assets28€51.50M€51.50M=
Affiliated companies280/1€51.48M€51.48M=
Participating interests280€51.48M€51.48M=
Other financial fixed assets284/8€18k€18k=
Shares284€9k€9k=
Amounts receivable and cash guarantees285/8€9k€9k=
Current assets29/58€12.35M€10.68M
Amounts receivable within one year40/41€9.16M€7.58M
Trade receivables40€9.16M€7.58M
Other amounts receivable41€500€530
Cash at bank and in hand54/58€1.74M€1.48M
Deferred charges and accrued income490/1€1.45M€1.62M
Equity and liabilities
Total equity and liabilities10/49€78.37M€77.22M
Equity10/15€51.00M€49.45M
Contributions10/11€50.65M€50.65M=
Capital10€50.65M€50.65M=
Reserves13€3.35M€3.43M
Profit (loss) carried forward14€-3.01M€-4.63M
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Other liabilities and charges164/5€0-
Amounts payable17/49€27.38M€27.77M
Amounts payable after more than one year17€5.46M€8.01M
Financial debts170/4€5.46M€8.01M
Credit institutions173€3.46M€3.01M
Other loans174€2.00M€5.00M
Amounts payable within one year42/48€6.37M€5.23M
Current portion of amounts payable after more than one year42€450k€450k=
Trade debts44€3.54M€2.26M
Suppliers440/4€3.54M€2.26M
Advances received on contracts in progress46€192k€123k
Taxes, remuneration and social security45€2.19M€2.40M
Taxes450/3€481k€479k
Remuneration and social security454/9€1.71M€1.92M
Accrued charges and deferred income492/3€15.55M€14.53M
Income statement Code20242025
Operating income70/76A€42.74M€42.24M
Turnover70€37.93M€37.44M
Other operating income74€892k€862k
Operating charges60/66A€45.41M€43.52M
Services and other goods61€27.74M€25.34M
Remuneration, social security and pensions62€14.18M€14.55M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.52M€2.39M
Other operating charges640/8€1.15M€1.25M
Operating profit (loss)9901€-2.68M€-1.28M
Financial income75/76B€5k€37k
Recurring financial income75€5k€37k
Income from current assets751€1k€572
Other financial income752/9€4k€36k
Financial charges65/66B€244k€287k
Recurring financial charges65€244k€287k
Debt charges650€164k€204k
Other financial charges652/9€80k€83k
Profit (loss) for the period before taxes9903€-2.92M€-1.53M
Income taxes67/77€17k€14k
Taxes670/3€17k€14k
Profit (loss) for the period9904€-2.93M€-1.54M
Profit (loss) for the period to be appropriated9905€-2.93M€-1.54M
Appropriation of the result
Profit (loss) to be appropriated9906€-2.94M€-4.55M
Profit (loss) brought forward from the previous period14P€-4k€-3.01M
To contributions691€68k€78k
Social balance
Average headcount (FTE)9087178.8164.4

The notes to these accounts (73 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
29-06
State Gazette act Reappointments: Jean-Luc Deleersnyder, Rudy Provoost and 4 others
Appointments: Hendrik Isebaert, Marion Debruyne and 8 others · Director discharge23 facts ▸
  • General meeting, 27-05-2026
  • Director reappointment, Jean-Luc Deleersnyder (director)
  • Director reappointment, Rudy Provoost (director)
  • Director reappointment, Julio Ursel Varela (director)
  • Director reappointment, Kristine De Valck (director)
  • Director reappointment, Joëlle Huijnen (director)
  • Director reappointment, Louis Jonckheere (director)
  • Director appointment, Hendrik Isebaert (director)
  • Director reappointment, Louis Jonckheere (chair)
  • Director reappointment, Rudy Provoost (vice-chair)
  • Director reappointment, Rudy Provoost (lid auditcomité (voorzitter))
  • Director reappointment, Jean-Luc Deleersnyder (lid auditcomité)
  • +11 further facts in this act
02-06
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
11-12
State Gazette act Resignations: Luc Sels, Rik Van de Walle and Filip Abraham
Appointments: Severine Vermeire, Petra De Sutter and Dirk Buyens6 facts ▸
  • Director resignation, Luc Sels (rector van de ku leuven)
  • Director appointment, Severine Vermeire (rector van de ku leuven)
  • Director resignation, Rik Van de Walle (rector van de universiteit gent)
  • Director appointment, Petra De Sutter (rector van de universiteit gent)
  • Director resignation, Filip Abraham (afgevaardigde van vlerick partner bv)
  • Director appointment, Dirk Buyens (afgevaardigde van vlerick partner bv)
07-07
State Gazette act Resignations: Frans Muiler, Michèle Sioen and 2 others
Reappointments: Jean-Luc Deleersnyder, Rudy Provoost and Joëlle Huijen · Appointments: Sofie Baeten, Frank Vlayen and 2 others · Director discharge16 facts ▸
  • General meeting, 27-05-2025
  • Director resignation, Frans Muiler (director)
  • Director resignation, Michèle Sioen (director)
  • Director resignation, Yang Yao (director)
  • Director reappointment, Jean-Luc Deleersnyder (director)
  • Director reappointment, Rudy Provoost (director)
  • Director appointment, Sofie Baeten (director)
  • Director appointment, Frank Vlayen (director)
  • Director resignation, Frans Muiler (chair)
  • Director appointment, Louis Jonckheere (chair)
  • Director resignation, Louis Jonckheere (vice-chair)
  • Director appointment, Rudy Provoost (vice-chair)
  • +4 further facts in this act
28-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Weakest financial yearnet €-2.93M
Net result drops to €-2.93M, the lowest in the series; recovery starts the following year.
21-06
State Gazette act Reappointments: Jean-Luc Deleersnyder, Rudy Provoost and 3 others
Permanent representative: Paul Eelen · Director discharge10 facts ▸
  • General meeting, 29-05-2024
  • Director reappointment, Jean-Luc Deleersnyder (director)
  • Director reappointment, Rudy Provoost (director)
  • Director reappointment, Louis Jonckheere (ondervoorzitter van het bestuursorgaan)
  • Director reappointment, Rudy Provoost (lid van het auditcomité)
  • Director reappointment, Joëlle Huijnen (lid van het auditcomité)
  • Director reappointment, Jean-Luc Deleersnyder (lid van het auditcomité)
  • Auditor reappointment, EY Bedrijfsrevisoren BV
  • Permanent representative, Paul Eelen
  • Director discharge, Vlerick Business School
11-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
04-07
State Gazette act Reappointments: Jean-Luc Deleersnyder, Rudy Provoost and 8 others
Resignation: Hein Schreuder (director) · Director discharge27 facts ▸
  • General meeting, 25-05-2023
  • Board composition, Marion Debruyne (decaan van de school)
  • Board composition, Patrick De Greve (algemeen directeur van de school)
  • Board composition, Rik Van de Walle (rector van de universiteit gent)
  • Board composition, Luc Sels (rector van de ku leuven)
  • Board composition, Ignace Lemahieu (vertegenwoordiger van universiteit gent)
  • Board composition, Wim Desmet (vertegenwoordiger van ku leuven)
  • Board composition, Filip Abraham (vertegenwoordiger van vlerick partner)
  • Board composition, Sophie Manigart (vertegenwoordiger van vlerick partner)
  • Board composition, Philippe Vlerick (voorzitter van de vlerick foundation)
  • Director reappointment, Jean-Luc Deleersnyder (director)
  • Director reappointment, Rudy Provoost (director)
  • +15 further facts in this act
02-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
06-12
State Gazette act Resignation: Koen Debackere (statutory director)
Appointment: Wim Desmet (director) · Reappointment: Rudy Provoost (director)4 facts ▸
  • General meeting, 24-05-2022
  • Director resignation, Koen Debackere (statutory director)
  • Director appointment, Wim Desmet (director)
  • Director reappointment, Rudy Provoost (director)
31-05
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
Show earlier events
2021
16-08
State Gazette act Resignations: Frank Donck (director) and Floris Deckers (director)
Appointment: Louis Jonckheere (vice-chair) · Reappointment: EY Bedrijfsrevisoren BV (statutory auditor)7 facts ▸
  • General meeting, 27-05-2021
  • Director resignation, Frank Donck (director)
  • Director resignation, Floris Deckers (director)
  • Director appointment, Louis Jonckheere (vice-chair)
  • Board composition, Louis Jonckheere (vice-chair)
  • Board composition, Patrick De Greve (algemeen directeur)
  • Auditor reappointment, EY Bedrijfsrevisoren BV
11-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
12-10
State Gazette act Resignations: Roch Doliveux, Alex Joos and Bart Verhaeghe
Reappointments: Floris Deckers, Jean-Luc Deleersnyder and 7 others · Appointments: Michèle Sioen, Kristine De Vaick and Joëlle Huijnen46 facts ▸
  • General meeting, 19-05-2020
  • Board composition, Marion Debruyne (director)
  • Board composition, Patrick De Greve (director)
  • Board composition, Rik Van de Walle (director)
  • Board composition, Ignace Lemahieu (director)
  • Board composition, Luc Sels (director)
  • Board composition, Koen Debackere (director)
  • Board composition, Sophie Manigart (director)
  • Board composition, Filip Abraham (director)
  • Board composition, Philippe Vlerick (director)
  • Director resignation, Roch Doliveux (director)
  • Director resignation, Alex Joos (director)
  • +34 further facts in this act
11-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
10-12
State Gazette act Reappointment: Vlerick Business School (director)
Resignation: Isabelle Roy (director) · Appointments: Rudy Provoost, Floris Deckers and Frank Donck7 facts ▸
  • Board meeting, 25-10-2019
  • Director reappointment, Vlerick Business School (director)
  • Director resignation, Isabelle Roy (director)
  • Director appointment, Rudy Provoost (voorzitter auditcomité)
  • Director appointment, Floris Deckers (lid auditcomité)
  • Director appointment, Frank Donck (lid auditcomité)
  • Director reappointment, Vlerick Business School (lid algemene raad)
14-10
State Gazette act Resignation: DOLIVEUX Roch (chair of the board)
Appointment: MULLER Frans Willem Henri (chair of the board) · Statutes amendment · Director discharge7 facts ▸
  • Board meeting, 11-07-2018
  • Statutes amendment
  • Statutes amendment
  • Director resignation, DOLIVEUX Roch (chair of the board)
  • Director discharge, DOLIVEUX Roch
  • Director appointment, MULLER Frans Willem Henri (chair of the board)
  • Royal decree, Koninklijk besluit d.d. 22 september 2019 goedkeurend de wijziging van het doel en de activiteiten van de stichting van openbaar nut Vlerick Business School
10-07
State Gazette act Reappointment: Marion Debruyne (decaan)
3 facts ▸
  • Board meeting, 24-04-2019
  • General meeting, 25-04-2019
  • Director reappointment, Marion Debruyne (decaan)
13-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-12
State Gazette act Resignation: Ann Vereecke (director)
Appointment: Sophie Manigart (director) · Reappointments: Filip Abraham, Roch Doliveux and 19 others46 facts ▸
  • General meeting, 22-10-2018
  • Director resignation, Ann Vereecke (director)
  • Director appointment, Sophie Manigart (director)
  • Director reappointment, Filip Abraham (director)
  • Director reappointment, Roch Doliveux (director)
  • Director reappointment, Franck Donck (director)
  • Director reappointment, Marion Debruyne (director)
  • Director reappointment, Patrick De Greve (director)
  • Director reappointment, Koen Debackere (director)
  • Director reappointment, Floris Deckers (director)
  • Director reappointment, Jean-Luc Deleersnyder (director)
  • Director reappointment, Louis Jonckheere (director)
  • +34 further facts in this act
07-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
08-05
State Gazette act Reappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
Statutes amendment3 facts ▸
  • General meeting, 23-04-2018
  • Statutes amendment
  • Auditor reappointment, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
2017
29-11
State Gazette act Resignations: Rik Torfs, Danny Pieters and Anne De Paepe
Appointments: Luc Sels, Koen Debackere and 3 others · Reappointments: Roch Doliveux, Frank Donck and 15 others48 facts ▸
  • General meeting, 24-10-2017
  • Director resignation, Rik Torfs (director)
  • Director resignation, Danny Pieters (director)
  • Director resignation, Anne De Paepe (director)
  • Director appointment, Luc Sels (director)
  • Director appointment, Koen Debackere (director)
  • Director appointment, Rik Van de Walle (director)
  • Director appointment, Louis Jonckheere (director)
  • Director appointment, Frans Muller (director)
  • Director reappointment, Roch Doliveux (director)
  • Director reappointment, Frank Donck (director)
  • Director reappointment, Marion Debruyne (director)
  • +36 further facts in this act
12-06
State Gazette act Resignations & appointments
Board composition22 facts ▸
  • General meeting, 09-05-2017
  • Board composition, Roch Doliveux (bestuurder, voorzitter van de raad van bestuur en de algemene raad)
  • Board composition, Frank Donck (director and vice-chair)
  • Board composition, Marion Debruyne (bestuurder en decaan)
  • Board composition, Patrick De Greve (bestuurder en algemeen directeur)
  • Board composition, Filip Abraham (director)
  • Board composition, Anne De Paepe (director)
  • Board composition, Floris Deckers (director)
  • Board composition, Jean-Luc Deleersnyder (director)
  • Board composition, Alex Joos (director)
  • Board composition, Danny Pieters (director)
  • Board composition, Rudy Provoost (director)
  • +10 further facts in this act
12-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
18-01
State Gazette act Reappointments: Patrick De Greve, Anne De Paepe and 16 others
Appointment: Isabelle Roy (director) · Resignation: Ajit Shetty (director) · Mandate compensation61 facts ▸
  • General meeting, 25-10-2016
  • Director reappointment, Patrick De Greve (director)
  • Director reappointment, Anne De Paepe (director)
  • Director reappointment, Marion Debruyne (director)
  • Director reappointment, Floris Deckers (director)
  • Director reappointment, Jean-Luc Deleersnyder (director)
  • Director reappointment, Roch Doliveux (director)
  • Director reappointment, Frank Donck (director)
  • Director reappointment, Alex Joos (director)
  • Director reappointment, Ignace Lemahieu (director)
  • Director reappointment, Danny Pieters (director)
  • Director reappointment, Rudy Provoost (director)
  • +49 further facts in this act
2016
22-03
State Gazette act Resignations: Ho-Mou Wu, Caroline Ven and Luc Van den Bossche
Appointments: Yao Yang, Alex Joos and 3 others · Reappointments: Roch Doliveux, Frank Donck and 13 others · Power of attorney51 facts ▸
  • General meeting, 28-10-2015
  • Director resignation, Ho-Mou Wu (director)
  • Director resignation, Caroline Ven (director)
  • Director resignation, Luc Van den Bossche (director)
  • Director appointment, Yao Yang (director)
  • Director appointment, Alex Joos (director)
  • Director appointment, Julio Urgel (director)
  • Director appointment, Ignace Lemahieu (director)
  • Director appointment, Filip Abraham (director)
  • Director reappointment, Roch Doliveux (chair)
  • Director reappointment, Frank Donck (vice-chair)
  • Director reappointment, Marion Debruyne (decaan)
  • +39 further facts in this act
2015
24-07
State Gazette act Resignation: Philippe Haspeslagh (decaan)
Appointments: Philippe Haspeslagh (eredecaan) and Marion Debruyne (decaan)5 facts ▸
  • General meeting, 02-07-2015
  • Director resignation, Philippe Haspeslagh (decaan)
  • Director resignation, Philippe Haspeslagh (director)
  • Director appointment, Philippe Haspeslagh (eredecaan)
  • Director appointment, Marion Debruyne (decaan)
27-03
State Gazette act Resignations: Luc Cortebeeck, Luc De Bruyckere and Louis Verbeke
Appointments: Roch Doliveux, Frank Donck and 3 others · Reappointments: Philippe Haspeslagh, Patrick De Greve and 13 others26 facts ▸
  • General meeting, 21-05-2014
  • Director resignation, Luc Cortebeeck (director)
  • Director resignation, Luc De Bruyckere (director)
  • General meeting, 15-10-2014
  • Director resignation, Louis Verbeke (director)
  • Director appointment, Roch Doliveux (chair)
  • Director appointment, Frank Donck (vice-chair)
  • Director reappointment, Philippe Haspeslagh (decaan)
  • Director reappointment, Patrick De Greve (director)
  • Director reappointment, Anne De Paepe (director)
  • Director reappointment, Philippe Haspeslagh (director)
  • Director reappointment, Danny Pieters (director)
  • +14 further facts in this act
2014
06-03
State Gazette act Appointments: Anne De Paepe, Rik Torfs and Danny Pieters
Resignations: Paul van Cauwenberge, Mark Waer and Filip Abraham7 facts ▸
  • General meeting, 27-01-2014
  • Director appointment, Anne De Paepe (director)
  • Director appointment, Rik Torfs (director)
  • Director appointment, Danny Pieters (director)
  • Director resignation, Paul van Cauwenberge (director)
  • Director resignation, Mark Waer (director)
  • Director resignation, Filip Abraham (director)
2013
14-02
State Gazette act Appointments: Roch Doliveux, Hein Schreuder and 2 others
Resignations: Peter Piot (director) and Bruno Colmant (director) · Reappointments: Filip Abraham, Luc Cortebeeck and 14 others24 facts ▸
  • General meeting, 23-05-2012
  • Director appointment, Roch Doliveux (director)
  • Director appointment, Hein Schreuder (director)
  • Director appointment, Ajit Shetty (director)
  • Director appointment, Caroline Ven (director)
  • Director resignation, Peter Piot
  • Director resignation, Bruno Colmant
  • General meeting, 17-10-2012
  • Director reappointment, Filip Abraham (director)
  • Director reappointment, Luc Cortebeeck (director)
  • Director reappointment, Luc De Bruyckere (director)
  • Director reappointment, Patrick De Greve (director)
  • +12 further facts in this act
2012
06-08
State Gazette act Benaming
Name change2 facts ▸
  • General meeting, 19-10-2011
  • Name change, Vlerick Business School
14-05
State Gazette act Resignation: Hubertus Heemskerk (lid van de algemene raad en de raad van bestuur)
Reappointments: Patrick De Greve, Filip Abraham and 15 others · Appointment: Floris Deckers (lid van de algemene raad en de raad van bestuur)22 facts ▸
  • General meeting, 18-05-2011
  • Director resignation, Hubertus Heemskerk (lid van de algemene raad en de raad van bestuur)
  • General meeting, 19-10-2011
  • Director reappointment, Patrick De Greve (director)
  • General meeting, 01-02-2012
  • Director appointment, Floris Deckers (lid van de algemene raad en de raad van bestuur)
  • Director reappointment, Filip Abraham (director)
  • Director reappointment, Bruno Colmant (director)
  • Director reappointment, Luc Cortebeeck (director)
  • Director reappointment, Luc De Bruyckere (director)
  • Director reappointment, Jean-Luc Deleersnyder (director)
  • Director reappointment, Frank Donck (director)
  • +10 further facts in this act
2010
17-11
State Gazette act Appointments: Luc De Bruyckere, Bart Verhaeghe and 16 others
Director resignation20 facts ▸
  • General meeting, 13-05-2009
  • Director appointment, Luc De Bruyckere (lid van de algemene raad en bestuurder)
  • Director appointment, Bart Verhaeghe (lid van de algemene raad en bestuurder)
  • Director appointment, Philippe Vlerick (lid van de algemene raad en bestuurder)
  • Director appointment, Louis Verbeke (lid van de algemene raad en bestuurder)
  • Director appointment, Mark Waer (lid van de algemene raad en bestuurder)
  • Director appointment, Filip Abraham (lid van de algemene raad en bestuurder)
  • Director appointment, Luc Cortebeeck (lid van de algemene raad en bestuurder)
  • Director appointment, Luc Van den Bossche (lid van de algemene raad en bestuurder)
  • Director appointment, Paul Van Cauwenberge (lid van de algemene raad en bestuurder)
  • Director appointment, Peter Piot (lid van de algemene raad en bestuurder)
  • Director appointment, Frank Donck (lid van de algemene raad en bestuurder)
  • +8 further facts in this act
2007
03-07
State Gazette act Appointment: Prof. dr. Steve Muylle (director)
Resignation: Prof. Hubert Ooghe (director)2 facts ▸
  • Director appointment, Prof. dr. Steve Muylle (director)
  • Director resignation, Prof. Hubert Ooghe (director)
2006
06-02
State Gazette act Capital & shares · Statutes amendment
Statutes amendment · Founder · Founding9 facts ▸
  • General meeting, 15-12-2003
  • Statutes amendment
  • Founder, André Vlerick
  • Founder, Cécile Sap
  • Founder, Instituut Professor Vlerick voor Management
  • Founder, Alumni van het Seminarie voor Productiviteitsstudie en-onderzoek van de Rijksuniversiteit Gent
  • Founding, 09-06-1983
  • Approval, 24-08-1983
  • Agreement, Beheersovereenkomst van 22 december 1999
2005
04-07
State Gazette act Registered office
Registered-office move3 facts ▸
  • Board meeting, 02-07-2003
  • General meeting, 12-11-2003
  • Registered-office move, Reep 1, 9000 Gent
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
30 directors, no change since 2026
Hendrik Isebaert
Director · since 27-05-2026
Current
Julio Ursel Varela
Director · since 27-05-2026
Current
Dirk Buyens
Director · since 14-10-2025
Current
Petra De Sutter
Director · since 01-10-2025
Current
Severine Vermeire
Director · since 01-08-2025
Current
Frank VLAYEN
Director · since 27-05-2025
Current
24 other directors
Joëlle Huijen
Lid auditcomité · since 27-05-2025
Current
Louis Jonckheere
Director · since 27-05-2025
Current
Sofie Baeten
Director · since 27-05-2025
Current
Julio Urgel Varela
Director · since 25-05-2023
Current
Kristine De Valck
Director · since 25-05-2023
Current
Desmet Wim Armand Febronie Bertrand
Director · since 24-05-2022
Current
Joëlle Huijnen
Director · since 19-05-2020
Current
Kristine De Vaick
Director · since 19-05-2020
Current
Sophie Manigart
Director · since 22-10-2018
Current
Frans Muller
Director · since 24-10-2017
Current
Julio Urgel
Director · since 16-10-2015
Current
Prof. Lemahieu, Ignace
Director · since 16-10-2015
Current
Marion Debruyne
Director · since 16-10-2014
Current
Jean-Luc Deleersnyder
Director · since 01-09-2009
Current
Patrick De Greve
Director · since 01-09-2009
Current
Philippe Vlerick
Director · since 01-09-2009
Current
Rudy Provoost
Director · since 01-09-2009
Current
MULLER Frans Willem Henri
Chair of the board · since 11-07-2018
Not recently confirmed
Franck Donck
Director · since 22-10-2018
Not recently confirmed
Duco Sickinghe
Director · since 16-10-2014
Not recently confirmed
Flors Deckers
Director · since 16-10-2014
Not recently confirmed
Paul Van Cauwenberghe
Director · since 17-10-2012
Not recently confirmed
Philippe Vierick
Director · since 17-10-2012
Not recently confirmed
Prof. dr. Steve Muylle
Director · since 25-10-2006
Not recently confirmed
27-05-2026 Hendrik Isebaert: Appointed as Director
27-05-2026 Julio Ursel Varela: Mandate renewed as Director
27-05-2026 Dirk Buyens: Appointed as Director
27-05-2026 Petra De Sutter: Appointed as Director
27-05-2026 Severine Vermeire: Appointed as Director
Full history in the Timeline (277 changes) →
Location & real-estate footprint
Registered office, Gent · 3 establishment units since 2006
establishment All 3 establishment units 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.

Reep 19000 Gent
Ground area
1.6 ha
Building footprint
1.3 ha
Volume, LiDAR
492,023 m³
3 parcels, Brussels, Flanders · tallest building 112.9 m, ±22 floors. Linked by address, not a title deed.
3 establishment units
VLERICK BUSINESS SCHOOL
Reep 1, 9000 GentNACE 80421
since 20062.151.955.490
VLERICK BUSINESS SCHOOL
Vlamingenstraat 83, 3000 LeuvenNACE 80421
since 20062.152.018.937
VLERICK BUSINESS SCHOOL
Bolwerklaan 21, 1210 Sint-Joost-ten-NodeEducation
since 20112.204.315.595
3 parcels
Flanders 2 (66.7%) Brussels 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
21014A0008/00Z010 Brussels 7,591 m² 1 · 6,964 m² 112.8 m · 22 fl.
44804D1420/00E000 Flanders 7,398 m² 1 · 5,069 m² 23.9 m · 6 fl.
24502C0160/00F002 Flanders 1,148 m² 1 · 891 m² 19.8 m · 4 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Statutory auditor

1 auditor
EY Bedrijfsrevisoren BVCurrent
Auditor · represented by Paul Eelen
27-05-2021 → present
Show 1 earlier auditors
Ernst & Young Bedrijfsrevisoren BCVBA
Statutory auditor · represented by Paul Eelen
succeeded by EY Bedrijfsrevisoren BV in 2021
23-04-2018 → 27-05-2021

Articles of association

Purpose
De kernopdracht van de School bestaat erin om het onderwijs en het onderzoek rond management en ondernemerschap op hoog niveau uit te bouwen en uit te dragen, en zo nuttige…
Full purpose

De kernopdracht van de School bestaat erin om het onderwijs en het onderzoek rond management en ondernemerschap op hoog niveau uit te bouwen en uit te dragen, en zo nuttige verbanden te leggen tussen de theorie en de praktijk, met het oog op een maximale wederkerige kruisbestuiving. In het kader van dat belangeloos doel heeft de School tot voorwerp: postinitieel onderwijs verschaffen aan pas afgestudeerden of praktijkmensen, mét inbegrip van de postacademische vorming; wetenschappelijk onderzoek en dienstverlening verrichten op het gebied van de managementwetenschappen, met inbegrip van de voorbereiding van doctoraatproefschriften met het oog op het behalen van een academische graad van doctor aan een Vlaamse of een buitenlandse universiteit.

Structure & network

Connections & network

140 connected companies
Philippe Vlerick, Shared director, links 15 companies PVPhilippe VlerickBESIX Group, via Philippe Vlerick BGBESIX GroupEXMAR, via Philippe Vlerick EEXMARKBC Global Services, via Philippe Vlerick KGKBC GlobalServicesKBC Groupe, via Philippe Vlerick KGKBC GroupePENTAHOLD, via Philippe Vlerick PPENTAHOLDSmartphoto group, via Philippe Vlerick SGSmartphotogroupVLERICK RESEARCH, via Philippe Vlerick VRVLERICKRESEARCHETEX, via Philippe Vlerick EETEXInstituut voor Bestuurders - l'Institut des Administrateurs, via Philippe Vlerick IVInstituut voorBestuurders…IVC, via Philippe Vlerick IIVCKBC ASSURANCES, via Philippe Vlerick KAKBC ASSURANCESKBC Bank, via Philippe Vlerick KBKBC BankMEDIAHUIS, via Philippe Vlerick MMEDIAHUISVlerick Business School VlerickBusiness…0424.244.049
Shared directors
Linked via shared directors
Show 136 more companies with a shared director
Dijleberg
via Frank VLAYEN · Permanent representative
EXMAR
via Philippe Vlerick · Non-executive director
KBC Global Services
via Philippe Vlerick · Lid van de raad van toezicht
PENTAHOLD
via Philippe Vlerick · A5 bestuurder
former
ETEX
via Philippe Vlerick · Director
former
FIEVA
via Frank VLAYEN · Director
former
Gimv
via Sophie Manigart · Independent director
former
INFRA GROUP
via Frank VLAYEN · Director
former
IPCOM
via Frank VLAYEN · Director
former
ISOBUILD KORTEMARK
via Frank VLAYEN · Class B director
former
IVC
via Philippe Vlerick · Director
former
KBC Bank
via Philippe Vlerick · Director
former
Marion Debruyne
via Marion Debruyne · Permanent representative
former
former
former
Oxurion
via Philippe Vlerick · Director
former
former
RECTICEL
via Marion Debruyne · Director
former
former
VERMEERSCH LOGISTICS
via Frank VLAYEN · Class B director
former
3 D
Shared director
ACERTA
Shared director
ACERTA Consult
Shared director
Acerta Services
Shared director
AG REAL ESTATE
Shared director
Agri Investment Fund
Shared director
ALMA
Shared director
ASPIRAVI OFFSHORE
Shared director
ASPIRAVI OFFSHORE II
Shared director
ATENOR
Shared director
AVIETA
Shared director
BANK J.VAN BREDA & C°
Shared director
BANQUE NAGELMACKERS
Shared director
BARCO
Shared director
bpost
Shared director
BRUNO COLMANT ACADEMIC
Shared director
Cableco
Shared director
CAPRICORN PARTNERS
Shared director
D'Ieteren Group
Shared director
ELIA ASSET
Shared director
Elia Group
Shared director
ETION Synergia
Shared director
Euro Invest Management
Shared director
FACING
Shared director
Fedustria
Shared director
Fondation Francqui
Shared director
Fondation Roi Baudouin
Shared director
FONDS BAILLET LATOUR
Shared director
FORTINO BEHEER
Shared director
Fund+
Shared director
GS1
Shared director
I-CARE HOLDING
Shared director
IBERIS
Shared director
IMBC 2020
Shared director
IMBC CAPITAL RISQUE
Shared director
IMEC International
Shared director
ING BELGIQUE
Shared director
Itinera Institute
Shared director
Janssen Pharmaceutica
Shared director
JOOS
Shared director
Mediwe
Shared director
NEWTREE
Shared director
NOCTUAM
Shared director
Northwind
Shared director
Odisee
Shared director
Otary RS
Shared director
PHILIPPE HASPESLAGH
Shared director
Redwoods Capital
Shared director
Sint Lievens College
Shared director
Sofina
Shared director
TASCO
Shared director
TELENET
Shared director
TELENET GROUP HOLDING
Shared director
TELENET VLAANDEREN
Shared director
Thomas More Kempen
Shared director
Unibreda
Shared director
UPLACE
Shared director
Vlaams Energiebedrijf
Shared director
WAALSE KROOK
Shared director
WINGE GOLF
Shared director

Capital and shareholders

Shareholders according to the acts
At incorporation act of 06-02-2006 ↗
  • André Vlerick founder
  • Cécile Sap founder
  • Instituut Professor Vlerick voor Management founder
  • Alumni van het Seminarie voor Productiviteitsstudie en-onderzoek van de Rijksuniversiteit Gent founder

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 13 entries · 12,498,433 EUR awarded · 11,745,781 EUR paid
Year Entries awardedpaid
2025 4 3,078,518 EUR3,074,218 EUR
2024 4 3,669,641 EUR3,016,269 EUR
2023 3 2,930,274 EUR2,910,694 EUR
2022 2 2,820,000 EUR2,744,600 EUR
Schemes
Subsidies aan instellingen voor postinitieel onderwijs
4 entries · 8,612,806 EUR · 8,612,806 EUR paid · Agentschap voor Hoger Onderwijs, Volwassenenonderwijs, Kwalificaties en Studietoelagen
Subsidies voor Antwerp Management School (AMS) en Vlerick Business School
4 entries · 3,214,575 EUR · 3,065,975 EUR paid · Departement Economie, Wetenschap en Innovatie
Innovatieprojecten in de context van een speerpuntcluster
3 entries · 338,565 EUR · 67,000 EUR paid · Fonds voor Innoveren en Ondernemen
Steun voor onderzoeksprojecten
2 entries · 332,487 EUR · Fonds voor wetenschappelijk Onderzoek - Vlaanderen

European research

7 projects · 2,205,839 EUR EU contribution
Programmes
Horizon 2020
3 entries · 1,623,487 EUR
Seventh Framework Programme
4 entries · 582,352 EUR
Projects
STORY- Added value of STORage in distribution sYstems
Horizon 2020 · participant · 01-05-2015 to 31-10-2020 · 824,996 EUR · STORY
Building sustainable logistics through trusted collaborative networks across the entire supply chain
Horizon 2020 · participant · 01-05-2015 to 31-10-2018 · 425,241 EUR · NEXTRUST
MARKET ENABLING INTERFACE TO UNLOCK FLEXIBILITY SOLUTIONS FOR COST-EFFECTIVE MANAGEMENT OF SMARTER DISTRIBUTION GRIDS
Horizon 2020 · participant · 01-02-2020 to 30-11-2023 · 373,250 EUR · EUniversal
Research and Competence Training Network for Sustainability-Driven Innovation
Seventh Framework Programme · participant · 01-01-2013 to 31-12-2016 · 258,060 EUR · I4S
Impact Measurement and Performance Analysis of CSR
Seventh Framework Programme · participant · 01-03-2010 to 31-07-2013 · 158,049 EUR · IMPACT
Show 2 more projects
Financing Entrepreneurial Ventures in Europe : Impact on innovation, employment growth, and competitiveness
Seventh Framework Programme · participant · 01-04-2008 to 30-09-2011 · 132,150 EUR · VICO
VARiability In safety critical Embedded Systems
Seventh Framework Programme · participant · 01-05-2012 to 30-04-2015 · 34,093 EUR · VARIES

Recognitions · licences · registrations

Food safety, FASFC

3 sites
Gent2.151.955.490
1 permission
Toelating · School (bereiding - distributie maaltijden) · since 01-03-2006
Leuven2.152.018.937
1 permission
Toelating · School (bereiding - distributie maaltijden) · since 03-03-2006
Sint-Joost-ten-Node2.204.315.595
1 permission
Toelating · School (bereiding - distributie maaltijden) · since 23-05-2013

Quality registration as a provider

1 live approval
Quality registration as a provider
Toegekend · valid until 2031-08-17

Legal Entity Identifier

549300LUXVAFYF1CMK42
live in the LEI register

Similar companies · same sector, comparable size

Of 11,671 companies in sector 85599 we hold annual accounts for 1,329. 16 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-utility foundation
Founded31-03-1983
Fiscal year end31-12
Activities, NACEBEL 2025
85402Education
85599Other education
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

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