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GROEP BRUSSEL LAMBERT

Active Risk: not assessed Public limited companyfounded 1902active for 124 yearsMarnixlaan 24, 1000 BrusselsKBO/BCE: BE 0407.040.209 subsidiary of Pargesa SA#1 company by equity in Brussels, Finance and insurance sector
Heads the group GROEP BRUSSEL LAMBERT 19 companies in 5 countries
See the group

Holdings

own 2025 accounts, the bar shows equity in euros
This companyGROEP BRUSSEL LAMBERT20 holdings, 5 countries 2025 accounts

Belgium 16 Year Equity Result

  • BE Ontex Group19.84% 2025€1.68bn result €3.7m (2025)
  • BE Brussels Securities99.99% 2025€184.8m result €75.5m (2025)
  • BE Sagerpar1.24% 2025€133.1m result €60.0m (2025)
  • BE FINPAR IX98.83% 2025€14.2m result €6.2m (2025)
  • BE GBL O 2025€12.9m result €286,416 (2025)
  • BE FINPAR VIII98.99% 2025€10.6m result €9.2m (2025)
  • BE FINPAR XI98.97% 2025€8.5m result -€3.9m (2025)
  • BE FINPAR V94.89% 2025€4.8m result €770,996 (2025)
  • BE FINPAR X98.07% 2025€4.5m result -€515,867 (2025)
  • BE FINPAR VI94.98% 2025€3.9m result €1.4m (2025)
  • BE FINPAR III90.17% 2025€3.1m result €1.3m (2025)
  • BE FINPAR IV94.43% 2025€2.5m result €850,285 (2025)
  • BE FINPAR II96.55% 2025€1.0m result €1.0m (2025)
  • BE Trône2422.23% 2025€658,287 result -€232,403 (2025)
  • BE Trône255.7% 2025€60,920 result -€14,470 (2025)
  • BE FINPAR VII98.58% 2025-€8.3m result €159,894 (2025)

Europe 4 Year Equity Result

  • LU GBL Verwaltung 2024€11.38bn result -€322.7m (2024)
  • FR RPCE Consulting 2024€3.8m result €222,292 (2024)
  • DE GBL Advisors DE GmbH 2023€22,247 result -€2,753 (2023)
  • GB GBL Advisors Limited 2024GBP 786,601 result -GBP 13,399 (2024)

Source: list of holdings in its own 2025 accounts. Holdings that file themselves stand with their latest accounts, the others with the amounts of that list, in their own currency.

Heads the group GROEP BRUSSEL LAMBERT Group, risk and exposure

Parent

Pargesa SA
Switzerland

At the same address

Marnixlaan 24, 1000 Brussels · 55 other companies
ING BELGIE
registered office since 30-01-1935 · founded in 1935 · group ING GROEP N.V.
total assets €149.20bn (2024)
0403.200.393
ING EQUIPMENT LEASE BELGIUM
registered office since 28-05-1996 · founded in 1985 · group ING GROEP N.V.
turnover €361.3m (2025)
0427.980.034
Parjointco
registered office since 17-12-2020 · founded in 2020 · group FG Bros
total assets €3.35bn (2025)
0759.946.401
FG Bros
registered office since 29-04-2021 · founded in 2021
total assets €3.04bn (2025)
0767.658.691
Power Financial Europe
registered office since 17-12-2020 · founded in 2020
total assets €2.75bn (2025)
0759.946.696
Eagle Capital
registered office since 27-01-2021 · founded in 2021 · group FG Bros
total assets €2.35bn (2025)
0762.574.111
ING COMMERCIAL FINANCE BELUX
registered office since 22-03-2000 · founded in 2000 · group ING GROEP N.V.
total assets €2.17bn (2025)
0470.131.086
ING LEASE BELGIUM
registered office since 01-01-1962 · founded in 1961 · group ING GROEP N.V.
turnover €133.9m (2025)
0402.918.402
ING ASSET FINANCE BELGIUM
registered office since 14-07-1986 · founded in 1986 · group ING GROEP N.V.
turnover €47.9m (2025)
0429.070.986
Sagerpar
registered office since 07-11-1960 · founded in 1960 · group GROEP BRUSSEL LAMBERT
total assets €639.4m (2025)
0403.205.640
and 45 more

Earlier ties

BECARV
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Director · deed of 02-06-2021
Open bankruptcy · founded in 2011
8 FTE (2026)
OncoDNA
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Director · deed of 20-12-2019
founded in 2012 · negative equity (2025)
21 FTE (2025)
BNP Paribas Fortis
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Director · deed of 24-01-2014
founded in 1934 · group BNP PARIBAS
total assets €282.82bn (2025)
GlaxoSmithKline Biologicals
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Director · deed of 08-12-2011
founded in 1990
8,371 FTE (2025)
PROXIMUS
via Agnès Touraine, at GROEP BRUSSEL LAMBERT until 2026 · Director · deed of 12-05-2022
founded in 1930 · group Belgische Staat
8,312 FTE (2025)
BESIX Group
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Permanent representative · deed of 06-01-2006
founded in 1909
turnover €9.3m (2025)
Show 12 more earlier ties
FONDS DE LA RECHERCHE SCIENTIFIQUE-FNRS
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Director · deed of 25-10-2013
founded in 2006
2,181 FTE (2025)
TRANSCOR ASTRA GROUP
via Cédric FRERE, no longer at TRANSCOR ASTRA GROUP · Director · deed of 05-09-2012
founded in 1947 · group Frère-Bourgeois Holding
total assets €321.0m (2025)
FONDATION CONTRE LE CANCER
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Director · deed of 23-12-2019
founded in 2005
87 FTE (2025)
ASEPTIC TECHNOLOGIES
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Director · deed of 06-08-2010
founded in 2002
61 FTE (2025)
n-Side
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Director · deed of 29-03-2021
founded in 2000
161 FTE (2025)
BePharBel Manufacturing
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Director · deed of 11-10-2024
founded in 2012
100 FTE (2025)
SOPARTEC
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Director · deed of 27-11-2020
founded in 1942
4.8 FTE (2025)
NANOCYL
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Director · deed of 22-06-2015
founded in 2002
47 FTE (2026)
Confédération Européenne des Associations d'Administrateurs
via Agnès Touraine, at GROEP BRUSSEL LAMBERT until 2026 · Director · deed of 04-10-2017
founded in 2004
FONDS FEDERAL DE LA RECHERCHE SCIENTIFIQUE
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Director · deed of 17-02-2015
founded in 1928
NOVAFORM PHARMA
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Director · deed of 15-07-2026
founded in 2026
Innosté
via Jean STEPHENNE, at GROEP BRUSSEL LAMBERT until 2015 · Permanent representative · deed of 23-06-2022
No longer active
total assets €792,138 (2025)

Holdings and subsidiaries

20 in the list of holdings, 12 from the LEI register, 1 from other sources · 30 subsidiaries, including indirect ones

Holdings 33

  • Arthur Capital S.à r.l.LUsubsidiary
    consolidated
  • BELGIAN SECURITIES S.À R.L.LUsubsidiary
    consolidated
  • GBL Capital Participations SARLLUsubsidiary
    consolidated
  • GBL Energy S.à r.l.LUsubsidiary
    consolidated
  • GBL Finance S.à r.l.LUsubsidiary
    consolidated
  • GBL Verwaltung S.A.LUsubsidiary
    consolidated
  • Miles CapitalLUsubsidiary
    consolidated
  • Sanoptis S.à r.l.LUsubsidiary
    consolidated
  • Serena S.à r.l.LUsubsidiary
    consolidated
  • Theo Capital S.à r.l.LUsubsidiary
    consolidated
Show 3 more holdings
Share, source and own figures per holding (20)

Source for every holding own accounts 2025

Former holdings (1)
All subsidiaries, including indirect ones 30

GROEP BRUSSEL LAMBERT or one of its subsidiaries holds more than half of the shares of these companies. A company it consolidates per the LEI register is listed too.

  • GBL Advisors DE GmbHDE 100%
  • GBL Advisors LimitedGB 100%
  • GBL O 100%
  • GBL VerwaltungLU 100%
  • RPCE ConsultingFR 100%
  • Brussels Securities 99.99%2 subsidiaries
    • Sagerpar 98.76%1 subsidiary
      • Vancouver CapitalLU 100%
  • FINPAR VIII 98.99%
  • FINPAR XI 98.97%
  • FINPAR IX 98.83%
  • FINPAR VII 98.58%
  • FINPAR X 98.07%
  • FINPAR II 96.55%
  • FINPAR VI 94.98%
  • FINPAR V 94.89%
  • FINPAR IV 94.43%
  • FINPAR III 90.17%
  • Arthur Capital S.à r.l.LU consolidated
  • BELGIAN SECURITIES S.À R.L.LU consolidated
  • GBL Capital Participations SARLLU consolidated
  • GBL Energy S.à r.l.LU consolidated
  • GBL Finance S.à r.l.LU consolidated
  • GBL Verwaltung S.A.LU consolidated
  • Miles CapitalLU consolidated
  • Sanoptis S.à r.l.LU consolidated
  • Serena S.à r.l.LU consolidated
  • Theo Capital S.à r.l.LU consolidated
  • VER CAPITAL SGR S.P.A.IT consolidated
  • VICENZA MODE S.R.L.IT consolidated
Holdings through the years 2023 to 2025

Source: list of holdings in its own accounts

Acquisitions and mergers

1 transaction
Took over:COFINERGY
BE 0430.169.660simplified merger · Gazette deed of 07-06-2016 (4 deeds) · according to the KBO register since 26-04-2016

Control of UK companies

7 UK companies, 1 earlier
75 to 100% of the shares, 75 to 100% of the voting rights, right to appoint and remove directors
no longer in the UK register · notified on 29-05-2018
75 to 100% of the shares, 75 to 100% of the voting rights, right to appoint and remove directors
UK company 06569624 · active · notified on 22-07-2022
75 to 100% of the shares, 75 to 100% of the voting rights, right to appoint and remove directors
UK company 09621250 · active · notified on 22-07-2022
75 to 100% of the shares, 75 to 100% of the voting rights, right to appoint and remove directors
UK company 11159148 · active · notified on 19-01-2018
75 to 100% of the shares, 75 to 100% of the voting rights
UK company 09587936 · active · notified on 08-07-2026
75 to 100% of the shares, 75 to 100% of the voting rights, right to appoint and remove directors
UK company NI066374 · active · notified on 22-07-2022
significant influence or control
UK company NI065438 · active · notified on 22-07-2022
1 earlier control
25 to 50% of the shares (through a firm), 25 to 50% of the voting rights (through a firm)
UK company 03969399 · active · notified on 12-04-2016 · until 12-04-2016

Source: Companies House (VK), Contains public sector information licensed under the Open Government Licence v3.0

Connections & network

5 connected companies
Linked via shared directors
Eagle Capital
via Cédric FRERE · Director · deed of 05-08-2021
Founded in 2021 · total assets €2.35bn (2025) · group FG Bros
→
COMPAGNIE NATIONALE A PORTEFEUILLE
via Cédric FRERE · Director · deed of 16-07-2026
Founded in 1999 · total assets €2.26bn (2025) · group Frère-Bourgeois Holding
→
ALLEJO
via Cédric FRERE · Statutory director · deed of 03-08-2026
Founded in 2023 · total assets €1.59bn (2025)
→
Investeringsmaatschappij Orion
via Cédric FRERE · Director · deed of 24-07-2026
Founded in 1983 · total assets €282.8m (2025) · group Frère-Bourgeois Holding
→
Show 1 more company with a shared director
Fondation Saint - Luc
via Cédric FRERE · Director · deed of 10-10-2023
Founded in 2009 · 5.5 FTE (2025)
→