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MICROSTART

Active Risk: not assessed Cooperative companyfounded 2010active for 16 yearsKantersteen 12, 1000 BrusselsKBO/BCE: BE 0829.081.071 subsidiary of BNP PARIBAS
Part of the group BNP PARIBAS 87 companies in 27 countries
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MICROSTART
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Board

10 directors, 1 in day-to-day management, 1 auditor, no change since September 2026
Patrick Somerhausen
Director
appointed by deed of 22-03-2021
AG Insurance
Director, permanent representative Antonio Cano
since 29-04-2022 term until 08-06-2028
listed in the 2025 annual accounts, filed on 05-06-2026
Carine De Nys
Administrateur et présidente du ca
since 01-07-2022 term until 08-06-2028
listed in the 2025 annual accounts, filed on 05-06-2026
CarineDeNys
Director
since 01-07-2022 term until 08-06-2028
listed in the 2025 annual accounts, filed on 05-06-2026
ADIE
Director
since 27-04-2023 term until 08-06-2028
listed in the 2025 annual accounts, filed on 05-06-2026
MicroStart Support VZW
Director, permanent representative Olivier BRISSAUD
current term since 01-01-2024 term until 08-06-2028
also on the board of 1 other company
listed in the 2025 annual accounts, filed on 05-06-2026
Partena ASI
Director, permanent representative Michel Halet
current term since 06-06-2024 term until 08-06-2028
listed in the 2025 annual accounts, filed on 05-06-2026
BNP Paribas Fortis SA
Director
since 05-06-2025 term until 08-06-2028
listed in the 2025 annual accounts, filed on 05-06-2026
Caroline Brandt
Director
appointed by deed of 07-09-2026
Patrick Somerhausens
Director
in office according to the deed of 07-09-2026
Lorraine de Fierlant
Déléguée à la gestion journalière de ms sc
appointed by deed of 12-08-2024
also on the board of 5 other companies
Deloitte Réviseurs d'Entreprises
Statutory auditor, permanent representative Yves Dehogne
since 06-06-2024 3-year term from 2024
listed in the 2025 annual accounts, filed on 05-06-2026
Lorraine de Fierlant
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Two directors jointly
deed of 22-05-2024
Permanent representatives 4
Olivier BRISSAUD
Permanent representative, for MicroStart Support
appointed by deed of 27-08-2014
Michel Halet
Permanent representative, for Partena ASI
appointed by deed of 12-09-2019
Guido Busseniers
Représentant de microstart asbl au sein du conseil de microstart sc et au sein du comité d'audit et risk (car)
appointed by deed of 12-08-2024
Antonio Cano
Permanent representative, for AG Insurance
in office according to the deed of 12-09-2019

Office holders in the KBO →

Mandates through the years

60 names, the dashed line is today
Show
MicroStart Support
Director
AG Insurance
Director
BNP Paribas Fortis SA
Director
Partena ASI
Director
Patrick Somerhausen
Independent director
Carine De Nys
Administrateur et présidente du ca
CarineDeNys
Director
ADIE
Director
Caroline Brandt
Director
Patrick Somerhausens
Director
Lorraine de Fierlant
Déléguée à la gestion journalière de ms sc
Guido Busseniers
Représentant de microstart asbl au sein du conseil de microstart sc et au sein du comité d'audit et risk (car)
Deloitte Réviseurs d'Entreprises
Statutory auditor
Louis De Cannière
Director
Laure Coussirat-Coustère
Director
Anne-France Simon
Administratrice représentant de bnpp fortis
ElsVanZele
Director
JanHeyvaert
Director
Brissaud, Olivier
Représentant de microstart asbl au sein du conseil de microstart sc et au sein du comité d'audit et risk (car)
Bruno Debuysscher
Director
Michel Halet
Director
Olivier Delval
Director
PwC Reviseurs d'Entreprises
Statutory auditor
Sébastian L'Aot
Director
Valérie Beeckmans
Independent director
Luc Haegemans
Director
Robert Peirce
Independent director
Sébastien L'Aot
Director
Dirk DEWITTE
Director
Daniel Thielemans
Chair
Jan Heyvaert
Director
M. Cano
Director
Emmanuel Legras
Director general
Emmanuel Landais
Director
Wilfried Remans
Administrateur représentant de bnpp fortis
Marie Degrand-Guillaud
Représentante permanente de adie international
Olivier de Broqueville
Independent director
PricewaterhouseCoopers Belgium
Réviseur statuaire
Sandra Wilikens
Représentant de bnp paribas fortis au conseil d'administration
UHY-CDP PARTNERS
Statutory auditor
Sébastien L'Aot
Représentant de l'adie international au conseil d'administration
Wilfried Remans
Représentant de bnp paribas fortis au conseil d'administration
Emmanuel Landais
Représentant de l'adie international au conseil d'administration
Olivier de Broqueville
Représentant de bnp paribas fortis au conseil d'administration
Luc Haegemans
Représentant de bnp paribas fortis au conseil d'administration
Philippe MAYSTADT
Director
Maria Nowak-Prsygodzka
Director
Marie Degrand Guillaud
Director
Robert Pierce
Independent director
Alex Houtart
Représentant de bnp paribas fortis au conseil d'administration
CANO Y BOSQUE Antonio
Director
CDP CB & C°, Réviseurs d'entreprises
Statutory auditor
Alex Houtart
Director
Laurent Joseph Ledoux
Director
Catherine Suzanne Kinet
Director
Saiyi Suzuki-Navarro
Substituut
Samuel Clause
Waarnemer binnen de raad van bestuur
Marie Nowak-Prsygodzka
Chair
Patrick Sapy
Director general and day-to-day manager
Marie Nowak-Przygodzka
Director
LeadershipBoardEarlierRest of the termmandate already running before its first mentionend not dated
Mandates as a list
  • MicroStart Support
    • Director, from 24-06-2014 to date
  • AG Insurance
    • Director, from 24-04-2019 to date
  • BNP Paribas Fortis SA
    • Director, from 24-04-2019 to date
  • Partena ASI
    • Director, from 24-04-2019 to date
  • Patrick Somerhausen
    • Independent director, appointed by deed of 22-03-2021, still in office
  • Carine De Nys
    • Administrateur et présidente du ca, from 01-07-2022 to date
  • CarineDeNys
    • Director, from 01-07-2022 to date
  • ADIE
    • Director, from 27-04-2023 to date
  • Caroline Brandt
    • Director, appointed by deed of 07-09-2026, still in office
  • Patrick Somerhausens
    • Director, since before 04-06-2026
  • Lorraine de Fierlant
    • Déléguée à la gestion journalière de ms sc, appointed by deed of 12-08-2024, still in office
  • Guido Busseniers
    • Représentant de microstart asbl au sein du conseil de microstart sc et au sein du comité d'audit et risk (car), appointed by deed of 12-08-2024, still in office
  • Deloitte Réviseurs d'Entreprises
    • Statutory auditor, from 06-06-2024 to date
  • Louis De Cannière
    • Independent director, appointed by deed of 06-07-2023, until 04-06-2026
    • Director, until 07-09-2026
  • Laure Coussirat-Coustère
    • Director, appointed by deed of 22-03-2021, until 31-12-2025
  • Anne-France Simon
    • Administratrice représentant de bnpp fortis, appointed by deed of 22-03-2021, until 28-10-2025
  • ElsVanZele
    • Director, appointed by deed of 28-10-2025, no longer listed in the 2025 annual accounts
  • JanHeyvaert
    • Director, from before 28-10-2025, no longer listed in the 2025 annual accounts
  • Brissaud, Olivier
    • Représentant de microstart asbl au sein du conseil de microstart sc et au sein du comité d'audit et risk (car), until 12-08-2024
  • Bruno Debuysscher
    • Director, appointed by deed of 12-08-2024, no longer listed in the 2025 annual accounts
  • Michel Halet
    • Director, from 24-04-2019 to 12-08-2024
  • Olivier Delval
    • Director, from 24-04-2019 to 12-08-2024
  • PwC Reviseurs d'Entreprises
    • Statutory auditor, appointed by deed of 12-09-2019, until 12-08-2024
  • Sébastian L'Aot
    • Director, until 12-08-2024
  • Valérie Beeckmans
    • Independent director, appointed by deed of 06-07-2023, until 12-08-2024
  • Luc Haegemans
    • Director, appointed by deed of 30-01-2013, until 06-07-2023
    • Chair of the board, appointed by deed of 19-05-2017, until 15-10-2019
  • Robert Peirce
    • Independent director, from 24-04-2019 to 06-07-2023
  • Sébastien L'Aot
    • Director, from before 24-04-2020, no longer listed in the 2025 annual accounts
  • Dirk DEWITTE
    • Deputy director general, appointed by deed of 15-10-2019, ended, last mentioned on 15-10-2019
    • Director, appointed by deed of 18-02-2022, until 30-11-2022
  • Daniel Thielemans
    • Chair, appointed by deed of 15-10-2019, ended, last mentioned on 01-08-2022
    • Independent director, appointed by deed of 15-10-2019, until 30-06-2022
  • Jan Heyvaert
    • Director, appointed by deed of 01-08-2022, no longer listed in the 2025 annual accounts
  • M. Cano
    • Director, until 01-08-2022
  • Emmanuel Legras
    • Director general, appointed by deed of 15-10-2019, until 31-03-2021
  • Emmanuel Landais
    • Director, appointed by deed of 17-09-2010, until 24-04-2020
  • Wilfried Remans
    • Administrateur représentant de bnpp fortis, until 24-04-2020
  • Marie Degrand-Guillaud
    • Représentante permanente de adie international, until 12-09-2019
  • Olivier de Broqueville
    • Independent director, appointed by deed of 19-05-2017, until 12-09-2019
  • PricewaterhouseCoopers Belgium
    • Réviseur statuaire, appointed by deed of 04-10-2017, until 12-09-2019
  • Sandra Wilikens
    • Représentant de bnp paribas fortis au conseil d'administration, appointed by deed of 19-05-2017, until 12-09-2019
  • UHY-CDP PARTNERS
    • Statutory auditor, appointed by deed of 20-02-2015, until 04-10-2017
  • Sébastien L'Aot
    • Représentant de l'adie international au conseil d'administration, appointed by deed of 19-05-2017, last mentioned in 2017
  • Wilfried Remans
    • Représentant de bnp paribas fortis au conseil d'administration, appointed by deed of 19-05-2017, ended, last mentioned on 19-05-2017
  • Emmanuel Landais
    • Représentant de l'adie international au conseil d'administration, until 24-04-2017
  • Olivier de Broqueville
    • Représentant de bnp paribas fortis au conseil d'administration, until 24-04-2017
  • Luc Haegemans
    • Représentant de bnp paribas fortis au conseil d'administration, until 12-12-2016
  • Philippe MAYSTADT
    • Chair of the board, appointed by deed of 04-10-2013, ended, last mentioned on 04-10-2013
    • Director, appointed by deed of 04-10-2013, until 05-09-2016
  • Maria Nowak-Prsygodzka
    • Director, until 06-06-2016
  • Marie Degrand Guillaud
    • Director, appointed by deed of 06-06-2016, no longer listed in the 2025 annual accounts
  • Robert Pierce
    • Independent director, appointed by deed of 06-06-2016, no longer listed in the 2025 annual accounts
  • Alex Houtart
    • Représentant de bnp paribas fortis au conseil d'administration, until 01-05-2015
  • CANO Y BOSQUE Antonio
    • Director, appointed by deed of 20-02-2015, no longer listed in the 2025 annual accounts
  • CDP CB & C°, Réviseurs d'entreprises
    • Statutory auditor, appointed by deed of 18-11-2011, until 20-02-2015
  • Alex Houtart
    • Director, appointed by deed of 04-10-2013, ended, last mentioned on 04-10-2013
  • Laurent Joseph Ledoux
    • Director, appointed by deed of 17-09-2010, until 04-10-2013
  • Catherine Suzanne Kinet
    • Director, appointed by deed of 17-09-2010, until 01-09-2011
  • Saiyi Suzuki-Navarro
    • Substituut, appointed by deed of 31-03-2011, last mentioned in 2011
  • Samuel Clause
    • Waarnemer binnen de raad van bestuur, appointed by deed of 31-03-2011, no longer listed in the 2025 annual accounts
  • Marie Nowak-Prsygodzka
    • Chair of the board, appointed by deed of 16-11-2010, no longer listed in the 2025 annual accounts
    • Chair, appointed by deed of 16-11-2010, no longer listed in the 2025 annual accounts
  • Patrick Sapy
    • Director general and day-to-day manager, appointed by deed of 16-11-2010, last mentioned in 2010
  • Marie Nowak-Przygodzka
    • Director, from 06-09-2010, no longer listed in the 2025 annual accounts

Control

Parent
BNP PARIBAS FR
consolidated
This company
MICROSTART
Equity €38,625
Loss €1.8m in 2025

and 4 other shareholders

Capital

Contribution
€1,888,500
Shares
98,660 in the deed of 18-04-2018 and 3 later capital increases
Contribution per share
€19.14
Equity per share
€0.39 in 2025
Source
2025 annual accounts

Owners through the years

as the annual accounts name them
AG INSURANCE
26.1%42.32%43.98%
43.98%
BNP Paribas Fortis
70.3%42.32%43.98%
43.98%
Partena — Sociale Verzekeringen voor Zelfstandigen
3.5%11.77%
11.77%
ADIE FR
0.27%
0.27%
ADIE INTERNATIONAL FR
0.1%0.36%
0.36% until 2023
Genfinance International
listed until 2010
Owners as a list

Source: shareholder structure in its own accounts, lists of holdings in the owners' accounts

Articles of association

deed of 22-05-2024 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
“3 jaar, ten minste evenveel bestuurders als aandeelhouders”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Thursday of June at 11:00

Shareholders

5 owners

Owners 5

Capital transactions

Shareholders according to the deeds
Share transfer deed of 01-08-2022 ↗
  • Adie international to Adie
After the capital increase deed of 19-03-2020 ↗
After the capital increase deed of 31-03-2011 ↗
  • FORTIS BANQUE s.a. €860,000
  • EIF - FONDS EUROPEEN D'INVESTISSEMENT €250,000
After the capital increase deed of 31-03-2011 ↗
  • FORTIS BANK n.v. €860,100
  • EIF - EUROPEES INVESTERINGSFONDS €250,000
At incorporation deed of 17-09-2010 ↗
  • Association pour le Droit à l'Initiative Economique International 100 shares (10%) · €10,000
  • FORTIS BANK (BE 0403.199.702) 899 shares (89.9%) · €89,900
  • GENFINANCE INTERNATIONAL (BE 0421.429.267) 1 share (0.1%) · €100
Capital over time
  1. 22-05-2024 Converted to available equity
  2. 02-06-2021 Capital increase of €1,094,000 · 10,940 new shares at €100 per share · “overschrijving op een bijzondere rekening geopend op naam van de vennootschap bij de bank BNP Paribas Fortis”
  3. 19-03-2020 Capital increase of €900,000 · to €8,772,000 · 9,000 new shares · in cash
  4. 05-04-2019 Capital increase of €1,000,000 · to €7,872,000 · 10,000 new shares · in cash
  5. 18-04-2018 Capital increase of €1,000,000 · to €6,872,000 · 10,000 new shares, 14.6% of the 68,720 shares after the increase
  6. 13-10-2016 Capital increase of €1,662,000 · to €5,872,000 · 16,620 new shares, 28.3% of the 58,720 shares after the increase
  7. 20-02-2015 Capital increase of €1,000,000 · to €4,210,000 · 10 new shares
  8. 30-01-2013 Capital increase of €2,000,000 · to €3,210,000 · 20,000 new shares · in cash
Show 3 older capital entries
  1. 30-01-2013 Capital increase of €2,000,000 · to €3,210,000 · 20 new shares
  2. 31-03-2011 Capital increase of €1,110,000 · to €1,210,000
  3. 17-09-2010 Incorporation · €100,000 · 1,000 shares

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