Fortino Capital Venture II
ActiveSummary
Fortino Capital Venture II has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €65.3m and a net result of -€5.0m. Equity is growing by ~34.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
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Signals
This company filed its last 6 accounts on average 40 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
On 10 April 2020, Fortino Capital Venture II was incorporated as a Limited partnership, with a starting capital of EUR 1.9 million.12 The capital was increased 9 times between 2020 and 2024, most recently to EUR 102 million.345 Total assets went from EUR 8 million in 2020 to EUR 67 million in 2024.6
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Financials · fiscal year 2024, abbreviated schema
Click a name to add, emphasise or remove a line.
- 2021 Total assets +258% on 2020. Capital increase of €6,049,750 (Official Gazette 28-09-2021). Capital increase of €6,500,002 (Official Gazette 15-06-2021).
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €11.3m | €0 | €942,219 | €0 | ▼ 100% |
| Other operating charges640/8 | - | €349 | €302 | €6,069 | €9,086 | ▲ 49.7% |
| Gross operating margin9900 | -€1.1m | €8.0m | -€2.2m | -€1.3m | -€2.4m | ▼ 87.6% |
| Operating profit (loss)9901 | -€1.1m | €8.0m | -€2.2m | -€1.3m | -€2.4m | ▼ 87.4% |
| Financial income75/76B | - | €511,558 | €32,285 | €71,795 | €178,634 | ▲ 149% |
| Recurring financial income75 | - | €511,558 | €32,285 | €71,795 | €178,634 | ▲ 149% |
| Financial charges65/66B | - | €948,585 | €1.7m | €2.5m | €2.8m | ▲ 9.0% |
| Recurring financial charges65 | €32,611 | €948,585 | €86,030 | €488,017 | €759,864 | ▲ 55.7% |
| Non-recurring financial charges66B | - | - | €1.7m | €2.1m | €2.0m | ▼ 2.1% |
| Profit (loss) for the period before taxes9903 | -€1.1m | €7.5m | -€4.0m | -€3.7m | -€5.0m | ▼ 32.9% |
| Income taxes67/77 | - | - | - | €3,459 | €35 | ▼ 99.0% |
| Profit (loss) for the period9904 | -€1.1m | €7.5m | -€4.0m | -€3.7m | -€5.0m | ▼ 32.8% |
| Profit (loss) for the period to be appropriated9905 | -€1.1m | €7.5m | -€4.0m | -€3.7m | -€5.0m | ▼ 32.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €8.0m | €28.6m | €42.0m | €55.0m | €67.4m | ▲ 22.6% |
| Fixed assets21/28 | €7.6m | €22.0m | €40.4m | €51.5m | €64.8m | ▲ 25.9% |
| Financial fixed assets28 | €7.6m | €22.0m | €40.4m | €51.5m | €64.8m | ▲ 25.9% |
| Current assets29/58 | €427,759 | €6.5m | €1.6m | €3.5m | €2.6m | ▼ 26.0% |
| Amounts receivable after more than one year29 | - | - | €375,000 | €2.6m | €2.0m | ▼ 22.5% |
| Trade receivables290 | - | - | €375,000 | €2.6m | €2.0m | ▼ 22.5% |
| Current investments50/53 | - | €2.6m | €969,276 | €795,436 | €435,360 | ▼ 45.3% |
| Cash at bank and in hand54/58 | €425,641 | €3.9m | €232,278 | €63,571 | €74,365 | ▲ 17.0% |
| Deferred charges and accrued income490/1 | - | €0 | - | - | €33,677 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €8.0m | €28.6m | €42.0m | €55.0m | €67.4m | ▲ 22.6% |
| Equity10/15 | €831,455 | €27.4m | €40.6m | €50.3m | €65.3m | ▲ 29.9% |
| Contributions10/11 | €2.0m | €22.0m | €39.0m | €52.5m | €72.5m | ▲ 38.1% |
| Capital10 | - | €21.9m | €39.0m | - | - | - |
| Issued capital100 | - | €21.9m | €39.0m | - | - | - |
| Uncalled capital101 | - | €0 | - | - | - | - |
| Outside capital11 | - | €69,355 | €69,355 | - | - | - |
| Share premium1100/10 | - | €69,355 | €69,355 | - | - | - |
| Profit (loss) carried forward14 | -€1.1m | €5.5m | €1.5m | -€2.2m | -€7.2m | ▼ 225% |
| Amounts payable17/49 | €7.2m | €1.1m | €1.5m | €4.7m | €2.1m | ▼ 55.5% |
| Amounts payable within one year42/48 | €7.2m | €1.1m | €1.5m | €4.7m | €2.1m | ▼ 55.6% |
| Financial debts43 | - | €0 | €1.1m | €4.7m | €2.1m | ▼ 56.1% |
| Credit institutions430/8 | - | €0 | €1.1m | €4.7m | €2.1m | ▼ 56.1% |
| Trade debts44 | €193,285 | €202,937 | €351,292 | €43,137 | €44,258 | ▲ 2.6% |
| Suppliers440/4 | - | €202,937 | €351,292 | €43,137 | €44,258 | ▲ 2.6% |
| Other amounts payable47/48 | - | €924,030 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | €3,800 | €972 | €9,443 | €8,227 | ▼ 12.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1.1m | €7.5m | -€4.0m | -€3.7m | -€5.0m | ▼ 32.8% |
| Operating cash flow (approximation) | -€1.1m | €7.5m | -€4.0m | -€3.7m | -€5.0m | ▼ 32.8% |
| Investment in fixed assets (approximation) | - | -€14.5m | -€18.4m | -€11.1m | -€13.3m | ▼ 20.3% |
| Change in cash | - | €3.5m | -€3.7m | -€168,707 | €10,794 | ▲ 106% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
14-07
State Gazette act
Permanent representatives: Céline Vanbever, Lukas Salden and 2 othersPower of attorney8 facts ▸
- Board meeting, 06-07-2026
- Permanent representative, Céline Vanbever (permanent representative)
- Permanent representative, Lukas Salden (permanent representative)
- Permanent representative, Filip Van Innis (permanent representative)
- Permanent representative, Céline Vanbever (permanent representative)
- Permanent representative, Charlotte Bonamie (permanent representative)
- Power of attorney, A-Frame Ventures BV
- Power of attorney, Macinnes BV
08-08
State Gazette act
Capital & sharesCapital decrease · Statutes amendment · Capital6 facts ▸
- Board meeting, 10-06-2025
- Capital decrease, €4.500.000
- Statutes amendment
- Capital, €97.609.376
- Power of attorney, Argo Law BV
- Capital call, Opvraging bijkomende storting: Commitments van de commanditaire vennoten voor (afgerond) 77% volstort
05-02
State Gazette act
Resignations & appointmentsPower of attorney7 facts ▸
- Power of attorney, Elisabeth Martens
- Power of attorney, Tessa Ceyssens
- Power of attorney, Amie Amie BV
- Power of attorney, Roxali BV
- Power of attorney, Macinnes BV
- Power of attorney, Apex Advisory BV
- Power of attorney, A-frame Ventures BV
23-02
State Gazette act
Permanent representative: Renaat BerckmoesCapital increase · Capital · Statutes amendment7 facts ▸
- General meeting, 07-12-2023
- Capital increase, €57.134.397
- Capital, €102.109.376
- Statutes amendment
- Permanent representative, Renaat Berckmoes
- Capital holders, 44, 1
- Share restriction, De 25.000 Klasse C Aandelen kunnen enkel worden aangehouden door de Statutaire Zaakvoerder
26-10
State Gazette act
Permanent representative: Renaat BerckmoesPower of attorney9 facts ▸
- Permanent representative, Renaat Berckmoes
- Power of attorney, Elisabeth Martens
- Power of attorney, Tessa Ceyssens
- Power of attorney, Amie Amie BV
- Power of attorney, Roxali BV
- Power of attorney, Macinnes BV
- Power of attorney, Apex Advisory BV
- Power of attorney, Amie Amie BV
- Power of attorney, GVANH BV
17-10
State Gazette act
Appointment: EY Bedrijfsrevisoren BV (statutory auditor)Power of attorney4 facts ▸
- General meeting, 01-06-2023
- Auditor appointment, EY Bedrijfsrevisoren BV (statutory auditor)
- Power of attorney, Céline Vanbever
- Power of attorney, Gilles Van Hulle
14-08
State Gazette act
Capital & shares · Statutes amendmentCapital increase · Capital4 facts ▸
- General meeting, 04-07-2023
- Capital increase, €6.000.000
- Capital, €44.974.979
- Statutes amendment
Show earlier events
08-12
State Gazette act
Permanent representative: Duco SickingheCapital increase · Capital · Statutes amendment7 facts ▸
- General meeting, 07-11-2022
- Capital increase, €10.000.000
- Capital, €38.974.979
- Statutes amendment
- Permanent representative, Duco Sickinghe
- Share restriction, Klasse C Aandelen kunnen enkel worden aangehouden door de Statutaire Zaakvoerder
- Ownership structure, 44, Fortino Capital Partners (enige gecommanditeerde vennoot)
17-08
State Gazette act
Permanent representative: Duco SickingheCapital increase · Capital · Statutes amendment5 facts ▸
- General meeting, 20-07-2022
- Capital increase, €10.000.000
- Capital, €28.974.979
- Statutes amendment
- Permanent representative, Duco Sickinghe
17-03
State Gazette act
Permanent representative: Duco SickingheCapital increase · Capital decrease · Statutes amendment8 facts ▸
- General meeting, 28-12-2021
- Capital increase, €6.000.000
- General meeting, 08-02-2022
- Capital decrease, €2.919.775
- Statutes amendment
- Capital, €18.974.979
- Permanent representative, Duco Sickinghe
- Partner composition, 42
21-12
State Gazette act
Permanent representatives: Renaat Berckmoes, Céline Vanbever and 6 othersPower of attorney24 facts ▸
- Board meeting, 02-11-2021
- Power of attorney, Elisabeth Martens
- Power of attorney, Tessa Ceyssens
- Power of attorney, Be@dvised BV
- Permanent representative, Renaat Berckmoes
- Power of attorney, Roxali BV
- Permanent representative, Céline Vanbever
- Power of attorney, ECQ Praktijk B.V.
- Permanent representative, Wouter van de Bunt
- Power of attorney, Ajisai SRL
- Permanent representative, Patrick Van Deven
- Power of attorney, DSR Management B.V.
- +12 further facts in this act
28-09
State Gazette act
Permanent representative: Duco SickingheCapital decrease · Share reorganization · Capital increase9 facts ▸
- General meeting, 16-06-2021
- Capital decrease, €-2.511.455
- Share reorganization, Hergroepering van 8.793.066 Klasse A en 128.387 Klasse B aandelen naar 6.506.193 aandelen (6.387.923 Klasse A, 93.270 Klasse B, 25.000 Klasse C)
- Capital increase, €3.309.660
- Capital, €9.829.810
- Statutes amendment
- Permanent representative, Duco Sickinghe
- Share restriction, Klasse C Aandelen kunnen enkel worden aangehouden door de Statutaire Zaakvoerder
- Partner structure, 41, 42
28-09
State Gazette act
Permanent representative: Duco SickingheCapital increase · Capital incorporation · Capital8 facts ▸
- General meeting, 13-07-2021
- Capital increase, €6.049.750
- Capital incorporation, EUR 15.894.754, EUR 15.194
- Capital, €15.894.754
- Statutes amendment
- Permanent representative, Duco Sickinghe
- Capital holders, 42, 41
- Share restriction, Klasse C Aandelen kunnen enkel worden aangehouden door de Statutaire Zaakvoerder
15-06
State Gazette act
Permanent representative: Duco SickingheCapital increase · Capital decrease · Statutes amendment9 facts ▸
- General meeting, 04-03-2021
- Capital increase, €6.500.002
- General meeting, 17-03-2021
- Capital decrease, €2.029.926
- Capital increase, €2.471.313
- Capital increase, €20.756
- Statutes amendment
- Capital, €8.937.657
- Permanent representative, Duco Sickinghe
12-04
State Gazette act
Permanent representatives: Renaat Berckmoes, Céline Vanbever and 5 othersPower of attorney · Power of attorney termination24 facts ▸
- Board meeting, 09-03-2021
- Power of attorney, Phaedra Beyers
- Power of attorney, Elisabeth Martens
- Power of attorney, Tessa Ceyssens
- Power of attorney, Be@dvised BVBA
- Permanent representative, Renaat Berckmoes
- Power of attorney, Céline Vanbever BVBA
- Permanent representative, Céline Vanbever
- Power of attorney, Alveria BVBA
- Permanent representative, Matthias Vandepitte
- Power of attorney, ECQ Praktijk BV
- Permanent representative, Wouter van de Bunt
- +12 further facts in this act
05-08
State Gazette act
Permanent representative: Duco SickingheCapital increase · Capital decrease · Statutes amendment11 facts ▸
- General meeting, 25-06-2020
- Capital increase, €34.810
- Capital decrease, €428.989
- Statutes amendment
- Capital increase, €479.481
- Capital increase, €5.775
- Capital, €1.975.512
- Statutes amendment
- Permanent representative, Duco Sickinghe
- Capital holding, 25, Fortino Capital Partners
- Share restriction, C, De Klasse C Aandelen kunnen enkel worden aangehouden door de Statutaire Zaakvoerder
15-04
State Gazette act
IncorporationAppointments: Fortino Capital Partners (statutory manager) and MAZARS BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES (statutory auditor) · Permanent representatives: SICKINGHE Duco Willem and VANBEVER Céline Bruna · Founding capital9 facts ▸
- Incorporation, 10-04-2020
- Founding capital, €1.884.435
- Bank account, BE 97 0018 8416 2049 bij BNP Paribas Fortis
- Director appointment, Fortino Capital Partners (statutory manager)
- Permanent representative, SICKINGHE Duco Willem
- Permanent representative, VANBEVER Céline Bruna
- Auditor appointment, MAZARS BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES (statutory auditor)
- Authorised capital, 140000000, EUR
- Private privak, Private Privak naar Belgisch recht
Directors · office · real estate
Board 1
Statutory auditor 1
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0095/00E008 | Flanders | 2.4 ha | 1 · 2,699 m² | - |
Linked by address, not proof of ownership
Mandate history
- Board
- Statutory auditor
- not recently confirmed
| Name | Functions and periods |
|---|---|
| EY Bedrijfsrevisoren BV |
|
| FORTINO CAPITAL PARTNERS |
|
| Forvis Mazars Réviseurs d’Entreprises |
|
Articles of association
Full purpose
De Vennootschap heeft als voorwerp te functioneren als een beleggingsvennootschap en derhalve de door haar aangetrokken middelen te beleggen.
Structure & network
Owners and holdings
1 owner · 11 holdingsOwners 1
- European Investment FundLUSourceown accounts 202423.75%
Holdings 11
-
100%
-
33.81%
-
21.95%
-
18.5%
-
15.98%
-
15.9%
-
14.52%
-
13.27%
-
11.31%
-
10.81%
Show 1 more holdings
-
10.74%
According to the 2024 annual accounts of Fortino Capital Venture II and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
6 connected companiesShow 2 more companies with a shared director
Capital and shareholders
- 08-08-2025 Capital reduction of 4,500,000 EUR · to 97,609,376 EUR
- 23-02-2024 Capital increase of 57,134,397 EUR · to 102,109,376 EUR
- 14-08-2023 Capital increase of 6,000,000 EUR · to 44,974,979 EUR
- 08-12-2022 Capital increase of 10,000,000 EUR · to 38,974,979 EUR
- 17-08-2022 Capital increase of 10,000,000 EUR · to 28,974,979 EUR
- 17-03-2022 Capital increase of 6,000,000 EUR · to 21,894,754 EUR
- 17-03-2022 Capital reduction of 2,919,775 EUR · to 18,974,979 EUR · “zonder vernietiging van bestaande aandelen”
- 28-09-2021 Capital increase of 6,049,750 EUR · to 15,879,560 EUR
Show 11 older capital entries
- 28-09-2021 Capital reduction of 2,511,455 EUR · to 6,426,202 EUR · “zonder vernietiging van aandelen”, “maar met evenredige vermindering van hun fractiewaarde”
- 28-09-2021 Capital increase of 3,309,660 EUR · to 9,735,862 EUR
- 15-06-2021 Capital increase of 6,500,002 EUR · to 8,475,514 EUR
- 15-06-2021 Capital reduction of 2,029,926 EUR · to 6,445,588 EUR
- 15-06-2021 Capital increase of 2,471,313 EUR · to 8,916,901 EUR
- 15-06-2021 Capital increase of 20,756 EUR · to 8,937,657 EUR
- 05-08-2020 Capital increase of 34,810 EUR · to 1,919,245 EUR
- 05-08-2020 Capital reduction of 428,989 EUR · to 1,490,256 EUR · “zonder vernietiging van aandelen”, “maar met evenredige vermindering van hun fractiewaarde”
- 05-08-2020 Capital increase of 479,481 EUR · to 1,969,737 EUR
- 05-08-2020 Capital increase of 5,775 EUR · to 1,975,512 EUR
- 15-04-2020 Incorporation · 1,884,435 EUR · 1,884,435 shares
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
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