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Pharrowtech

In bankruptcy Private limited companyfounded 2019Philipssite 5-A, 3001 LeuvenKBO/BCE: BE 0722.804.804
Pharrowtech
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Curators

the curators have managed the company since 15-04-2025
Karl Vanstipelen
Curator, Stationsstraat 108 A, 3400 Landen
Also on 291 other cases
Winny tirmarche
Curator, Stationsstraat 108, 3400 Landen
Also on 310 other cases

Last board

9 directors, 1 in day-to-day management, 1 auditor, last change in 2024
VORENKAMP Pieter
Chair of the board and niet statutair bestuurder onafhankelijk bestuurder
chair of the board in office according to the deed of 27-11-2024 niet statutair bestuurder onafhankelijk bestuurder current term since 21-06-2024 term until 21-06-2030
earlier director, from 22-06-2021 to 22-04-2022
listed in the 2023 annual accounts, filed on 13-08-2024
Carl de Ranter
Director
current term since 21-06-2024 term until 21-06-2030
listed in the 2023 annual accounts, filed on 13-08-2024
IMEC.XPAND
Director (not named in the articles), permanent representative VANBEKBERGEN Peter
current term since 21-06-2024 term until 21-06-2030
earlier director, until 22-04-2022
listed in the 2023 annual accounts, filed on 13-08-2024
2 other companies bankrupt
Imec.Xpand Comm. VA
Director, permanent representative Peter Vanbekbergen
current term since 21-06-2024 term until 21-06-2030
listed in the 2023 annual accounts, filed on 13-08-2024
2 other companies bankrupt
Innovations Industries Management II BV
Director, permanent representative Sander Verbrugge
since 21-06-2024 term until 21-06-2030
listed in the 2023 annual accounts, filed on 13-08-2024
KBC SECURITIES NV
Director (not named in the articles), permanent representative SEVERIJNS Rudi Gerard Frans
current term since 21-06-2024 term until 21-06-2030
listed in the 2023 annual accounts, filed on 13-08-2024
LEFTLEY David
Director
since 21-06-2024 term until 21-06-2030
listed in the 2023 annual accounts, filed on 13-08-2024
Wim van Thillo
Niet statutair bestuurder uitvoerend bestuurder and managing director
niet statutair bestuurder uitvoerend bestuurder current term since 21-06-2024 managing director appointed by deed of 28-09-2021 term until 21-06-2030
earlier director, from 22-06-2021 to 22-04-2022
listed in the 2023 annual accounts, filed on 13-08-2024
KBC Focus Fund NV
Director, permanent representative Rudi Severijns
in office according to the deed of 27-11-2024
BDO Bedrijfsrevisoren bv
Statutory auditor, permanent representative Bert Kegels
appointed by deed of 28-09-2021
Wim van Thillo
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Enige beslissingen waarnaar wordt verwezen in dit Artikel 9.5. bis die op het niveau van een Dochtervennootschap worden genomen, behoeven…”
deed of 23-07-2024
Permanent representatives 3
SEVERIJNS Rudi Gerard Frans
Permanent representative, for KBC SECURITIES
appointed by deed of 22-04-2022
VANBEKBERGEN Peter
Permanent representative, for IMEC.XPAND
appointed by deed of 22-04-2022
Sander Verbrugge
Permanent representative, for Innovations Industries Management II BV
in office according to the deed of 27-11-2024

Office holders in the KBO →

Mandates through the years

11 names, the dashed line is today
Imec.Xpand Comm. VA
Director
KBC SECURITIES
Director (not named in the articles)
LEFTLEY David
Director
VORENKAMP Pieter
Niet statutair bestuurder onafhankelijk bestuurder, Chair of the board
Wim van Thillo
Managing director, Niet statutair bestuurder uitvoerend bestuurder
Carl de Ranter
Director (not named in the articles)
IMEC.XPAND
Director (not named in the articles)
Innovations Industries Management II BV
Director
KBC Focus Fund NV
Director
BDO Bedrijfsrevisoren bv
Statutory auditor
Innovation Industries Management II B.V.
Director (not named in the articles)
LeadershipBoardEarliermandate already running before its first mentionend not datedBankruptcy 15-04-2025
Mandates as a list
  • Imec.Xpand Comm. VA
    • Director, appointed by deed of 28-09-2021, until the bankruptcy of 15-04-2025
  • KBC SECURITIES
    • Director, from before 22-06-2021 to 22-04-2022
    • Director (not named in the articles), appointed by deed of 22-04-2022, until the bankruptcy of 15-04-2025
  • LEFTLEY David
    • Director, from before 22-06-2021 to 22-04-2022
    • Director (not named in the articles), appointed by deed of 22-04-2022, until 23-07-2024
    • Director, from before 27-11-2024, until the bankruptcy of 15-04-2025
  • VORENKAMP Pieter
    • Director, from before 22-06-2021 to 22-04-2022
    • Niet statutair bestuurder onafhankelijk bestuurder, appointed by deed of 22-04-2022, until the bankruptcy of 15-04-2025
    • Chair of the board, from before 27-11-2024, until the bankruptcy of 15-04-2025
  • Wim van Thillo
    • Director, from before 22-06-2021 to 22-04-2022
    • Managing director, appointed by deed of 28-09-2021, until the bankruptcy of 15-04-2025
    • Niet statutair bestuurder uitvoerend bestuurder, appointed by deed of 22-04-2022, until the bankruptcy of 15-04-2025
  • Carl de Ranter
    • Director (not named in the articles), from before 31-12-2021, until the bankruptcy of 15-04-2025
    • Director, until 22-04-2022
  • IMEC.XPAND
    • Director (not named in the articles), from before 31-12-2021, until the bankruptcy of 15-04-2025
    • Director, until 22-04-2022
  • Innovations Industries Management II BV
    • Director, from before 31-12-2023, until the bankruptcy of 15-04-2025
  • KBC Focus Fund NV
    • Director, from before 27-11-2024, until the bankruptcy of 15-04-2025
  • BDO Bedrijfsrevisoren bv
    • Statutory auditor, from 01-01-2021, until the bankruptcy of 15-04-2025
  • Innovation Industries Management II B.V.
    • Director (not named in the articles), from before 31-12-2021, no longer listed in the 2023 annual accounts

Control

Shareholder
KBC Focus fund
Equity €21.1m
Loss €7.1m in 2025 (loss €3.0m in 2024)
Source: accounts KBC Focus fund 2025
16.9%
This company
Pharrowtech
Equity €2.9m
Loss €17.5m in 2023

Capital

Capital
€24,221,199.83
Source
deed of 23-07-2024 and 1 later capital increase

Owners through the years

as the annual accounts name them
imec.xpand
22.32%22.33%20.47%28.7%
28.7%
KBC Focus fund
7.67%10.51%11.06%17.58%22.94%16.9%
16.9%
Interuniversitair Micro-Electronica Centrum
15.33%10.5%
10.5% until 2020
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 23-07-2024 (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.
At least 4 directors
At most 7 directors
“Niet gedilueerde basis van uitstaande Vermogensaandelen, kandidaten voordragen voor benoeming van 1 Bestuurder en algemene vergadering…”
“Niet gedilueerde basis van uitstaande Vermogensaandelen, kandidaten voorstellen voor benoeming van 1 Bestuurder en algemene vergadering…”
“Kandidaten voordragen met relevante ervaring in de sector en sterke bedrijfskundige achtergrond voor benoeming van 1 onafhankelijke…”
“CEO, kandidaten voordragen voor benoeming van 1 uitvoerend bestuurder”
“Kandidaten voordragen voor benoeming van 1 waarnemer”
“Niet gedilueerde basis van uitstaande Vermogensaandelen, eveneens een Waarnemer benoemen in de Raad Van Bestuur bij verlies van…”
“Voortijdige vacature voor verstrijken mandaat, Aandeelhouders stellen zo snel mogelijk en in elk geval voor volgende vergadering van Raad…”
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
“Ordinary A-1 Aandelen en Ordinary A-2 Aandelen, wijziging en/of schrapping Exit Preferentie Ordinary A-2 vereist voorafgaande uitdrukkelijke…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of June at 18:00
Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
“Alle-machten-artikel-2:87-WVV-zonder-bijzondere-machtiging-AV, AV-kan-te-allen-tijde-bij-gewone-meerderheid-beperken”

Capital transactions

Shareholders according to the deeds
After 3 capital increases deed of 22-04-2022 ↗
  • Imec.Xpand 77,508 shares · “inbreng schuldvordering”
  • Bloc Ventures Limited 77,508 shares · “inbreng schuldvordering”
  • KBC Focus fund 30,854 shares · “inbreng schuldvordering”
Capital over time
  1. 27-11-2024 Capital increase of €999,999 · 1,587,300 new shares at €0.63 per share · in cash
  2. 23-07-2024 Capital increase of €0.01 · to €23,221,200.83 · 547,460 new shares · in cash
  3. 23-07-2024 Capital increase of €0.05 · to €23,221,200.88 · 20,988,384 new shares
  4. 23-07-2024 Capital increase of €1,520,958.90 · to €24,742,159.78 · 2,682,467 new shares
  5. 23-07-2024 Capital increase of €2,503,166.40 · to €27,245,326.18 · 3,973,280 new shares at €0.63 per share
  6. 22-04-2022 Capital increase of €1,011,987.80 · 185,870 new shares · in kind
  7. 22-04-2022 Capital increase of €13,999,992.26 · 2,378,524 new shares at €5.89 per share · in cash
  8. 29-11-2021 Capital increase of €1,015,995.24 · 434,186 new shares at €2.34 per share · in cash

The directors' other companies

1 last director with another company that went bankrupt, was dissolved or struck off
IMEC.XPAND

2 other companies of this director went bankrupt (2025, 2026).

Source: Belgian Official Gazette (bankruptcies, judicial dissolutions, board mandates), FPS Economy (strike-offs) and the KBO register. A bankruptcy, dissolution or strike-off says nothing about the director's part in it.

Next steps

See who ran this company and where its registered office was, on a date of your choice.Company as of a date See what became of the directors' other companies.Supplier due diligence

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