LIFE SCIENCES DEVELOPMENT CAMPUS

Active

Public limited companyfounded 200818 yrs activeAgoralaan A-bis, 3590 Diepenbeek, BelgiumKBO/BCE: BE 0897.657.596

LIFE SCIENCES DEVELOPMENT CAMPUS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.18M and a net result of €317k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 77% of 4533 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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Checked score

Score 2025

86 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability81▲+9

Solvency100▲+3

Growth76▲+1

Track record100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €170k at 30 days acceptable

Liquidity short (current ratio 0.9 against 0.52 in 2024; short-term debt: 6.5% and cash: 3.3% of total assets), and 24.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Sector 68

lower

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

75.6%

Return on assets

2.6%

Age of the figures

9 mo

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

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 · 10 filings

Deviation from the deadline

2025

70 d early

2024

71 d early

2023

69 d early

2022

67 d early

2021

62 d early

2020

67 d early

2019

74 d early

← before the deadline after the deadline →

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

22-09-2026 today31-12-2026 close31-07-2027 deadline

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

Turnover

€1.78M▲ 13.1%

2024 · €1.57M

2018: €830k 2019: €852k 2020: €912k 2021: €983k 2022: €1.13M 2023: €1.29M 2024: €1.57M

2018 → 2025

EBIT margin

12.9%▲ 7.6pp

2024 · 5.3%

2018: -12.1% 2019: -12.9% 2020: -14.4% 2021: -29.5% 2022: -37.2% 2023: -5.2% 2024: 5.3%

2018 → 2025

Net result

€317k▲ 169%

2024 · €118k

2018: €-133k 2019: €-138k 2020: €-134k 2021: €-253k 2022: €-383k 2023: €-93k 2024: €118k

2018 → 2025

Working capital

€-83k▲ 82.2%

2024 · €-467k

2018: €420k 2019: €320k 2020: €3.39M 2021: €2.93M 2022: €2.39M 2023: €-388k 2024: €-467k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€983k-€1.13M▲ 15.0%€1.29M▲ 14.0%€1.57M▲ 22.0%€1.78M▲ 13.1%

Equity€8.63M-€8.11M▼ 6.1%€9.12M▲ 12.5%€9.05M▼ 0.8%€9.18M▲ 1.4%

Operating result€-290k-€-421k▼ 45.0%€-67k▲ 84.2%€83k€230k▲ 177%

Net result€-253k-€-383k▼ 51.2%€-93k▲ 75.8%€118k€317k▲ 169%

Result per fiscal year

Operating resultNet result

After the dip in 2022 the operating result has climbed three years in a row; 2025 is 177% above 2024 and is the highest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €12.14M

94.2%

Fixed assets €11.44M▼ 5.1%

Current assets €708k▲ 42.7%

Equity and liabilities €12.14M

75.6%

24.4%

Equity €9.18M▲ 1.4%

Debt €2.97M▼ 15.0%

The debt ratio falls from 27.9% to 24.4%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€861k▲

2024 · €720k

Cash flow

€948k▲

2024 · €754k

Solvency

75.6%▲

2024 · 72.1%

Current ratio

0.90▲

2024 · 0.52

Quick ratio

0.90▲

2024 · 0.52

Debt / equity

0.32▼

2024 · 0.39

ROE

3.5%▲

2024 · 1.3%

ROA

2.6%▲

2024 · 0.9%

Interest coverage

8.37▲

2024 · 4.63

Debt

€2.97M▼

2024 · €3.49M

Debt ≤ 1 year

€790k▼

2024 · €963k

Debt > 1 year

€2.17M▼

2024 · €2.51M

Income taxes

€380▲

2024 · €360

Staff costs

€236k▲

2024 · €220k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€12.54M€12.14M▼

Fixed assets21/28€12.04M€11.44M▼

Intangible fixed assets21€173€0▼

Tangible fixed assets22/27€12.04M€11.44M▼

Land and buildings22€11.64M€11.09M▼

Plant, machinery and equipment23€201k€180k▼

Furniture and vehicles24€69k€35k▼

Leasing and similar rights25€135k€131k▼

Financial fixed assets28€122€122=

Other financial fixed assets284/8€122€122=

Amounts receivable and cash guarantees285/8€122€122=

Current assets29/58€496k€708k▲

Amounts receivable within one year40/41€224k€282k▲

Trade receivables40€218k€280k▲

Other amounts receivable41€6k€2k▼

Cash at bank and in hand54/58€243k€402k▲

Deferred charges and accrued income490/1€29k€24k▼

Equity and liabilities

Total equity and liabilities10/49€12.54M€12.14M▼

Equity10/15€9.05M€9.18M▲

Contributions10/11€9.22M€9.22M=

Capital10€9.22M€9.22M=

Issued capital100€9.22M€9.22M=

Profit (loss) carried forward14€-3.99M€-3.67M▲

Investment grants15€3.81M€3.62M▼

Amounts payable17/49€3.49M€2.97M▼

Amounts payable after more than one year17€2.51M€2.17M▼

Financial debts170/4€2.51M€2.17M▼

Credit institutions173€2.01M€1.77M▼

Other loans174€500k€405k▼

Amounts payable within one year42/48€963k€790k▼

Current portion of amounts payable after more than one year42€486k€341k▼

Trade debts44€171k€119k▼

Suppliers440/4€171k€119k▼

Taxes, remuneration and social security45€85k€99k▲

Taxes450/3€61k€74k▲

Remuneration and social security454/9€24k€25k▲

Other amounts payable47/48€221k€231k▲

Accrued charges and deferred income492/3€16k€5k▼

Income statement Code20242025

Operating income70/76A€1.59M€1.80M▲

Turnover70€1.57M€1.78M▲

Other operating income74€22k€25k▲

Operating charges60/66A€1.51M€1.57M▲

Services and other goods61€567k€615k▲

Remuneration, social security and pensions62€220k€236k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€637k€631k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€19k-

Other operating charges640/8€68k€92k▲

Operating profit (loss)9901€83k€230k▲

Financial income75/76B€194k€191k▼

Recurring financial income75€194k€191k▼

Income from current assets751€2k€2k▲

Other financial income752/9€192k€189k▼

Financial charges65/66B€159k€103k▼

Recurring financial charges65€159k€103k▼

Debt charges650€156k€103k▼

Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€-10k-

Other financial charges652/9€13k€442▼

Profit (loss) for the period before taxes9903€118k€317k▲

Income taxes67/77€360€380▲

Taxes670/3€362€380▲

Tax adjustments and reversals of tax provisions77€1-

Profit (loss) for the period9904€118k€317k▲

Profit (loss) for the period to be appropriated9905€118k€317k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-3.99M€-3.67M▲

Profit (loss) brought forward from the previous period14P€-4.10M€-3.99M▲

Social balance

Average headcount (FTE)90872.42.4=

The notes to these accounts (63 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

All 35Financial 5Gazette 20Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

26-06

State Gazette act Resignations & appointments

General meeting · Director resignation · Director reappointment19 facts ▸

General meeting, 2026-04-24
Director resignation, LRM NV (bestuurder)
Director resignation, LRM Beheer NV (bestuurder)
Director resignation, Leny De Winter (bestuurder)
Director resignation, POM Limburg (bestuurder)
Director resignation, Piet Stinissen (bestuurder)
Director resignation, Veerle Somers (bestuurder)
Director reappointment, LRM NV (bestuurder)
Director reappointment, LRM Beheer NV (bestuurder)
Director reappointment, Leny De Winter (bestuurder)
Director reappointment, POM Limburg (bestuurder)
Director reappointment, Piet Stinissen (bestuurder)
+7 further facts in this act

22-05

NBB filing Annual accounts filed

fiscal year 2025 · full schema

2025

31-12

Financial Highest result since 2018net €317k ▲169%

Operating result €230k, net result €317k, both a record.

21-05

NBB filing Annual accounts filed

fiscal year 2024 · full schema

2024

31-12

Financial Back to profitnet €118k

Net result €118k after 6 loss-making years.

03-06

State Gazette act Resignations & appointments

Board meeting · Power of attorney · General meeting4 facts ▸

Board meeting, 2023-12-18
Power of attorney, Katrien Achten
General meeting, 2024-04-26
Auditor reappointment, commissaris, AGM 2027 (fiscal year ending 31/12/2026)

23-05

NBB filing Annual accounts filed

fiscal year 2023 · full schema

2023

22-09

State Gazette act Capital & shares · Statutes amendment

General meeting · Capital increase · Capital5 facts ▸

General meeting, 2023-08-25
Capital increase, €486.667
Capital, €8.473.667
Statutes amendment
Power of attorney, HABETS Sandy

24-08

State Gazette act Resignations & appointments

Permanent representative · Notification2 facts ▸

Permanent representative, Gert Vandewaerde
Notification, 2023-07-20

25-05

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2022

31-12

Financial Weakest financial yearnet €-383k

Net result drops to €-383k, the lowest in the series; recovery starts the following year.

17-08

State Gazette act Resignations & appointments

General meeting · Director appointment4 facts ▸

General meeting, 2022-04-29
Director appointment, Leny De Winter (bestuurder)
General meeting, 2022-06-24
Director appointment, Veerle Somers (bestuurder)

30-05

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2021

24-09

State Gazette act Resignations & appointments

General meeting · Auditor appointment · Permanent representative3 facts ▸

General meeting, 2021-04-30
Auditor appointment, EY Bedrijfsrevisoren (commissaris)
Permanent representative, Theo Donné

25-05

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2020

31-12

Financial Liquidity times 5current ratio 6.05

Current ratio from 1.32 to 6.05; short-term debt falls from €1.01M to €671k.

31-12

Financial Equity above €5MEq €8.94M ▲84.1%

Equity rises from €4.86M to €8.94M.

30-09

State Gazette act Capital & shares · Statutes amendment

General meeting · Capital increase · Capital7 facts ▸

General meeting, 2020-08-28
Capital increase, €1.500.000
Capital increase, €1.050.000
Capital, €7.987.000
Corporate purpose, Het aankopen, verkopen, huren, verhuren, leasen, verkavelen, ruilen, doen bouwen, doen verbouwen, inrichten, uitbaten en anderszins ter beschikking stellen van…
Statutes amendment
Waiver of preemptive rights, Alle huidige aandeelhouders verzoeken aan de uitoefening van hun voorkeurrecht

24-07

State Gazette act Resignations & appointments

Board meeting · Permanent representative · General meeting12 facts ▸

Board meeting, 2020-03-04
Permanent representative, Katleen Vandersmissen
Permanent representative, Tom Vanham
General meeting, 2020-04-24
Director resignation, LRM Beheer NV
Director appointment, LRM NV (bestuurder)
Permanent representative, Tom Vanham
Director appointment, LRM Beheer NV (bestuurder)
Permanent representative, Theo Donné
Director appointment, Tom Vandeput (bestuurder)
Director appointment, Piet Stinissen (bestuurder)
Mandate compensation, Life Sciences Development Campus

18-05

NBB filing Annual accounts filed

fiscal year 2019 · full schema

2019

15-05

NBB filing Annual accounts filed

fiscal year 2018 · full schema

09-04

State Gazette act Resignations & appointments

General meeting · Auditor reappointment · Permanent representative3 facts ▸

General meeting, 2018-04-27
Auditor reappointment, commissaris, gewone algemene vergadering in kalenderjaar 2021 (beraadslagen over boekjaar eindigend op 31/12/2020)
Permanent representative, Katleen Vandersmissen

29-03

State Gazette act Resignations & appointments

Board meeting · General meeting · Permanent representative12 facts ▸

Board meeting, 2019-02-19
General meeting, 2019-03-11
Permanent representative, Katleen Vandersmissen
Permanent representative, Stijn Bijnens
Director resignation, Erik Gerits (bestuurder)
Director discharge, Erik Gerits
Director appointment, Frank Smeets (bestuurder)
Mandate compensation, Frank Smeets
Director resignation, Frank Smeets (bestuurder)
Director discharge, Frank Smeets
Director appointment, Tom Vandeput (bestuurder)
Mandate compensation, Tom Vandeput

2018

23-05

NBB filing Annual accounts filed

fiscal year 2017 · full schema

17-01

State Gazette act Resignations & appointments

Board meeting · Director resignation · Permanent representative3 facts ▸

Board meeting, 2017-11-13
Director resignation, LifeTechValley vzw (Algemeen Directeur)
Permanent representative, Theo Donné

2017

04-07

State Gazette act Registered office

Board meeting · Registered-office move · Permanent representative3 facts ▸

Board meeting, 2017-03-28
Registered-office move, Agoralaan A-bis te 3590 Diepenbeek
Permanent representative, Theo Donné

18-05

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

29-08

State Gazette act Resignations & appointments

General meeting · Director resignation · Director appointment9 facts ▸

General meeting, 2016-05-12
Director resignation, Marc Vandeput (bestuurder)
Director appointment, Erik Gerits (bestuurder)
Board meeting, 2016-06-21
Director appointment, Theo Donné (voorzitter)
Director appointment, LifeTechValley vzw (algemeen directeur)
Power of attorney, LifeTechValley vzw
Permanent representative, Ingrid Lieten
Permanent representative, Stijn Bijnens

2015

16-12

State Gazette act Resignations & appointments

Board meeting · Director resignation · Director appointment5 facts ▸

Board meeting, 2015-09-25
Director resignation, Debora Dumont (vaste vertegenwoordiger)
Director appointment, Theo Donné (vaste vertegenwoordiger)
Board composition, bestuurder, 2015-09-25
Permanent representative, Stijn Bijnens (Gedelegeerd Bestuurder)

09-07

State Gazette act Registered office · Resignations & appointments

General meeting · Director resignation · Director reappointment17 facts ▸

General meeting, 25/04/2014
Director resignation, Life Sciences Consulting BVBA (bestuurder)
Director resignation, Marc Vandeput (bestuurder)
Director resignation, Pieter Stinissen (bestuurder)
Director resignation, LRM Beheer NV (bestuurder)
Director reappointment, Marc Vandeput (bestuurder)
Director reappointment, Pieter Stinissen (bestuurder)
Director reappointment, LRM Beheer NV (bestuurder)
Permanent representative, Nico Vandervelpen
Director appointment, LRM NV (bestuurder)
Permanent representative, Debora Dumont
Board meeting, 21/04/2015
+5 further facts in this act

09-02

State Gazette act Capital & shares

General meeting · Capital increase · Share issue6 facts ▸

General meeting, 2014-11-25
Capital increase, €5.000
Share issue, 5, C
Capital, €5.437.000
Statutes amendment
Share structure, verplichtend op naam

2013

26-09

State Gazette act Resignations & appointments

Board meeting · Director appointment · Permanent representative3 facts ▸

Board meeting, 2012-12-13
Director appointment, LRM BEHEER NV (gedelegeerd bestuurder)
Permanent representative, Nico Vandervelpen

2012

18-09

State Gazette act Resignations & appointments

General meeting · Auditor appointment · Permanent representative5 facts ▸

General meeting, 2012-05-23
Auditor appointment, KPMG bedrijfsrevisoren
Permanent representative, Herwig Carmans
Permanent representative, Jos Briers
Permanent representative, Kris Motmans

10-04

State Gazette act Capital & shares · Statutes amendment

General meeting · Capital increase · Capital9 facts ▸

General meeting, 2012-02-29
Capital increase, €2.235.000
Capital increase, €1.500.000
Capital, €5.432.000
Statutes amendment
Statutes amendment
Statutes amendment
Preemptive rights waiver, Alle huidige aandeelhouders verzaken aan de uitoefening van hun voorkeurrecht.
Share rights, De nieuwe aandelen zonder vermelding van nominale waarde genieten dezelfde rechten als de reeds bestaande aandelen en zullen deelnemen in het resultaat vanaf 29…

2011

14-03

State Gazette act Resignations & appointments

General meeting · Director resignation · Director appointment4 facts ▸

General meeting, 2010-05-06
Director resignation, Wouter HAEGEMANS (vast vertegenwoordiger)
Director appointment, Life Sciences Consulting (bestuurder)
Permanent representative, Kris Motmans

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

under verification, no change since 2026

This board is reconstructed from a single act (26082141). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.

De Winter, Leny

Director · since 24-04-2026

Current

LRM BEHEER NV

Director · since 24-04-2026 · Legal entity · perm. rep.: Gert Vandewaerde

Current

NV LRM

Director · since 24-04-2026 · Legal entity · perm. rep.: Debora Dumont

Current

Piet Stinissen

Director · since 24-04-2026

Current

POM Limburg

Director · since 24-04-2026 · Legal entity · perm. rep.: Roeland Buckinx

Current

Somers, Veerle

Director · since 24-04-2026

Current

+ 4 not shown in this overview

24-04-2026 De Winter, Leny: Resigned as Director

24-04-2026 De Winter, Leny: Mandate renewed as Director

24-04-2026 LRM BEHEER NV: Resigned as Director

24-04-2026 LRM BEHEER NV: Mandate renewed as Director

24-04-2026 NV LRM: Mandate renewed as Director

24-04-2026 NV LRM: Resigned as Director

24-04-2026 Piet Stinissen: Resigned as Director

24-04-2026 Piet Stinissen: Mandate renewed as Director

24-04-2026 POM Limburg: Resigned as Director

24-04-2026 POM Limburg: Mandate renewed as Director

24-04-2026 Somers, Veerle: Resigned as Director

24-04-2026 Somers, Veerle: Mandate renewed as Director

24-06-2022 Somers, Veerle: Appointed as Director

29-04-2022 De Winter, Leny: Appointed as Director

24-04-2020 LRM BEHEER NV: Resigned

24-04-2020 LRM BEHEER NV: Appointed as Director

24-04-2020 NV LRM: Appointed as Director

24-04-2020 Piet Stinissen: Appointed as Director

24-04-2020 Tom VANDEPUT: Appointed as Director

11-03-2019 Erik Gerits: Resigned as Director

11-03-2019 Smeets Frank: Resigned as Director

21-02-2019 Tom VANDEPUT: Appointed as Director

06-09-2018 Smeets Frank: Appointed as Director

31-10-2017 LifeTechValley vzw: Resigned as Algemeen directeur

+ 17 not shown in this overview

Location & real-estate footprint

Registered office, Diepenbeek · 1 establishment unit since 2008

establishment approximate 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.

Agoralaan A-bis3590 Diepenbeek

Ground area

2.5 ha

Parcel 71011A0272/00F000, Flanders. Linked by address, not a title deed.

1 establishment unit

LIFE SCIENCES DEVELOPMENT CAMPUS NV

Agoralaan A-bis, 3590 DiepenbeekConstruction of residential and non-residential buildings

since 20082.172.738.137

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
71011A0272/00F000	Flanders	2.5 ha	-	-

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

3 auditors

Ernst et Young Reviseurs d'EntreprisesCurrent

Statutory auditor

30-04-2021 → present

Show 2 earlier auditors

KPMG Bedrijfsrevisoren Auditor succeeded by KPMG Réviseurs d'Entreprises in 2018	23-05-2012 → 27-04-2018
KPMG Réviseurs d'Entreprises Statutory auditor succeeded by Ernst et Young Reviseurs d'Entreprises in 2021	27-04-2018 → 30-04-2021