Summary
Fund+ 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 €124.0m and a net result of -€1.8m. Equity is growing by about 2.8% per year across the filed financial years. Its solvency ranks better than 95% of 6,649 sector peers (NACE 64, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Directors
Directors
8 directors, no change since 2026
Board 8
Luc Debruyne
CurrentChair of the board · since 08-11-2023 · Director · since 03-06-2024
DR. IR. U. VANDEURZEN MANAGEMENT FIRM
CurrentDirector · since 03-06-2024 · Public limited company · permanent representative: VANDEURZEN Urbanus (roepnaam Urbain) Agnes Lambert
FONTAINE François Gabriel
CurrentDirector · since 03-06-2024
LGP Advisory
CurrentDirector · since 03-06-2024 · Private limited company · permanent representative: Kenneth Bonheure
Chris Buyse
CurrentDirector · since 25-06-2024
SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT
CurrentDirector · since 22-01-2026 · Public limited company · permanent representative: FONTAINE François
FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJ
CurrentDirector · since 22-01-2026 · Legal entity · from a recent act
V.M.F. NV
CurrentDirector · Legal entity · from a recent act
3 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
COLLEN Désiré José Louis
Not recently confirmedChair of the board · since 07-05-2015 · Dcs bestuurder · since 07-05-2015
Dr. D. ROYCHOWDHURY
Not recently confirmedDirector · since 01-06-2020
FONTAINE François
Not recently confirmedDirector · since 01-06-2020
Day-to-day management 1
PIENTER-JAN
Not recently confirmedManaging director · since 07-05-2015 · Legal entity · permanent representative: BUYSE Chris Georges Frans
Permanent representatives 3
Kenneth Bonheure
CurrentPermanent representative · since 03-06-2024 · for LGP Advisory
VANDEURZEN Urbanus (roepnaam Urbain) Agnes Lambert
CurrentPermanent representative · since 03-06-2024 · for DR. IR. U. VANDEURZEN MANAGEMENT FIRM
FONTAINE François
CurrentPermanent representative · since 22-01-2026 · for SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT
1 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
BUYSE Chris Georges Frans
Not recently confirmedPermanent representative · since 07-05-2015 · for PIENTER-JAN
Statutory auditor 1
BDO Bedrijfsrevisoren bv
CurrentStatutory auditor · since 08-05-2015 · permanent representative: Bert Kegels
"From a recent act": read from a Gazette act not yet processed into our list of directors.
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Mandate history
20 people since 2015, 13 in office
- Board
- Day-to-day management
- Statutory auditor
- Other function
- not recently confirmed
- began earlier
| Name | Functions and periods |
|---|---|
| DR. IR. U. VANDEURZEN MANAGEMENT FIRM |
|
| Luc Debruyne |
|
| FONTAINE François Gabriel |
|
| LGP Advisory |
|
| Chris Buyse |
|
| V.M.F. NVfrom an act |
|
| FEDERALE PARTICIPATIE- EN INVESTERINGSMAATSCHAPPIJfrom an act |
|
| SOCIETE FEDERALE DE PARTICIPATIONS ET D'INVESTISSEMENT |
|
| BDO Bedrijfsrevisoren bv |
|
| COLLEN Désiré José Louis |
|
| FONTAINE François |
|
| Dr. D. ROYCHOWDHURY |
|
| PIENTER-JAN |
|
| MULTIFIN |
|
| Debasish Roychowdhury |
|
| Marc Waer |
|
| DE PRET ROOSE DE CALESBERG Arnoud Alfred Marie Gaston Ghislain |
|
| Désiré COLLEN |
|
| Pierre Drion |
|
| Prof. Hilde Laga |
|
Owners and capital
Owners
3 ownersOwners 3
- 19.5%
-
13.1%
-
12.29%
According to the 2025 annual accounts of Fund+ and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
Shareholders according to the acts
After 5 capital increases
act of 12-10-2017 ↗
- Désiré Collen Stichting (BE 0598.907.593) €25,042,100
- Pierre René Ghislain DRION 1,500 shares · €1,500,000
- Multifin (BE 0439.698.921) 9,480 shares · €9,675,300
- Federale Participatie- en Investeringsmaatschappij (BE 0253.445.063) 10,654 shares · €13,997,240
- Société Régionale d'Investissement de Wallonie (BE 0219.919.487) 7,500 shares · €7,500,000
- VF Capital (BE 0542.579.495) 11,040 shares · €11,252,400
- Katholieke Universiteit Leuven (BE 0419.052.173) 3,000 shares · €3,000,000
- Jonelinvest (BE 0432.136.087) 5,175 shares · €5,260,500
- Tolefi (BE 0449.147.711) 1,500 shares · €1,500,000
- Omnivale (BE 0807.508.766) 1,500 shares · €1,500,000
- Sambrinvest Spin-Off/Spin-Out (BE 0884.341.575) 1,500 shares · €1,500,000
- Spinventure (BE 0465.001.172) 720 shares · €763,200
- Société de Développement et de Participation du Bassin de Liège (BE 0426.624.509) 1,425 shares · €1,510,500
- EVDC Invest S.A. 1,425 shares · €1,510,500
- Marc Emmanuel NOLET DE BRAUWERE VAN STEENLAND 1,425 shares · €1,510,500
At incorporation
act of 20-05-2015 ↗
- Désiré Collen Stichting (BE 0598.907.593) founder
- Life Sciences Research Partners (BE 0435.768.243) founder
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 22-01-2026 Capital increase of €4,499,000 · 4,499 new shares · in cash
- 10-01-2018 Capital stated in the act · €101,238,717.50 · 129,669 shares
- 12-10-2017 Capital reduction of €36,940,522.50 · to €8,399,477.50 · repaid to the shareholders
- 12-10-2017 Capital increase of €15,000,000 · 15,000 new shares
- 12-10-2017 Capital increase of €8,268,000 · 7,800 new shares
- 12-10-2017 Capital increase of €41,475,000 · 41,475 new shares
- 12-10-2017 Capital increase of €14,007,900 · 13,215 new shares
- 12-10-2017 Capital increase of €14,088,340 · 6,839 new shares
Show 6 older capital entries
- 14-10-2016 Capital increase of €12,300,000 · 12,300 new shares
- 14-10-2016 Capital increase of €7,715,000 · 7,715 new shares
- 21-01-2016 Capital increase of €2,500,000 · to €25,325,000 · 2,500 new shares · in cash
- 14-08-2015 Capital increase of €4,325,000 · to €22,825,000 · 4,325 new shares · in cash
- 02-06-2015 Capital increase of €9,500,000 · to €18,500,000 · 9,500 new shares · in cash
- 20-05-2015 Incorporation · €9,000,000