Financials
- Fiscal year
- 2025
- Turnover
- €16.8m
- Profit
- €17.2m
- Solvency
- 98.7%
Turnover▲ 38.6%
Net result
20182025
Summary
Participatiemaatschappij Vlaanderen 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 €4.18bn and a net result of €17.2m. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 92% of 3,007 sector peers (NACE 64, fiscal year 2025). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210
#4 company by equity in Brussels, Finance and insurance sector1 site
Size
€16.8mturnover 2025
- Staff
- 131.9 FTE
- Equity
- €4.18bn
- Profit
- €17.2m
Equity +159%: capital increaseStandalone figures, without subsidiaries
Financial health
Financial institution: outside the modelProbability: sector outside the model
Structure
- Board
- 11 members
- Holdings
- 146
Auditor: BDO BEDRIJFSREVISOREN - BDO REVISEURS D'ENTREPRISESAccounts 70 days early68 of 69 deeds read
SignalsLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked 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.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal.
○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 22-05-2026, 70 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
70 days early
2024
69 days early
2023
65 days early
2022
75 days early
2021
75 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 71 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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. Usually files around 22 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
- Board meeting · Power of attorneyState Gazette act
- General meeting · Capital increaseBank account · Capital ·…
- Capital & shares · Resignations &…Power of attorney
Key points
- Positive: Equity rose in 2025capital increase ▲ 159% View
- Positive: Among the best 5% on net resultsector median €103,919 · 3,010 companies €17.2m View
- Positive: 7 years of growth in a rowturnover 2025: €16.8m 7 years View
- Board changedlatest change 15-02-2026 · 11 in office 4 joined · 2 left View
- Heads a groupcompanies controlled 18 View
- Positive: Always filed on timeaccounts within the deadline every year 5 years View
- Flemish supportawarded 2022 - 2024 €65,751 View
By topic
Board & ownership
- Board
- 11 members
- Auditor
- BDO BEDRIJFSREVISOREN - BDO…
Go to Board & ownership
Network & group
- Subsidiaries
- 18
- Holdings
- 146
- Connected companies
- 59
- Mergers and contributions
- 2
+86
146 holdings
Timeline
- Events
- 82
- Since
- 2005
- Next accounts
- by 31-07-2027
- 22-05-2026Annual accounts filed
- 22-05-2026Annual accounts filed
- 19-05-2026Capital & shares · Statutes amendment
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Activities of holding companiesNACE 64210
- Founded
- 31-07-1995
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 16
- Purpose
- Artikel 3 van de statuten vermeldt het voorwerp als volgt: De vennootschap heeft tot…
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
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