VENDIS CAPITAL

In liquidation since 13-10-2021 Public limited companyfounded 2009Jan Mommaertslaan 22, 1831 Machelen (Brab.)KBO/BCE: BE 0819.787.778

VENDIS CAPITAL

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Holdings

own 2025 accounts, the bar shows equity in euros

This companyVENDIS CAPITAL1 holding, 1 country 2025 accounts

Belgium 1 Equity Result

BE Victoria Company69.62% €20.7m result €3.5m

Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.

The LEI register names no parent.

At the same address

Jan Mommaertslaan 22, 1831 Machelen · 36 other companies

Vendis Capital III registered office since 21-06-2019 · founded in 2019	total assets €214.6m (2025) 0728.763.176
Vendis Capital IV registered office since 29-03-2024 · founded in 2024	total assets €195.9m (2025) 1007.783.874
Vendis Capital Investment Pool IV A registered office since 05-04-2024 · founded in 2024	total assets €175.9m (2025) 1008.065.570
VENDIS CAPITAL II registered office since 22-12-2014 · founded in 2014	total assets €73.8m (2025) 0507.663.851
V3 Finance registered office since 22-10-2019 · founded in 2019	total assets €44.2m (2025) 0736.673.626
Vendis Capital Investment Pool IV B registered office since 05-04-2024 · founded in 2024	total assets €30.8m (2025) 1008.065.273
VENDIS CAPITAL MANAGEMENT registered office since 14-03-2013 · founded in 2012	total assets €9.8m (2025) 0500.657.778
AddRetail registered office since 28-10-2015 · founded in 2015	39 FTE (2025) 0641.968.962
V4 COV registered office since 07-05-2024 · founded in 2024	total assets €4.2m (2025) 1009.185.426
VF Holdco registered office since 17-06-2025 · founded in 2025	total assets €4.1m (2025) 1024.387.801

and 26 more

Holdings and subsidiaries

1 holding · 5 subsidiaries, including indirect ones

Share, source and own figures per holding (1)

VICTORIA COMPANYsubsidiary
Equity €20.7m Profit of €3.5m in 2025 (loss of €15.8m in 2024)
Sourceown accounts 2025 accounts VICTORIA COMPANY 2025

69.62%

All subsidiaries, including indirect ones 5

VENDIS CAPITAL 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.

VICTORIA COMPANY 69.62%4 subsidiaries
- JPMF 100%
- VICTORIA BENELUX 100%1 subsidiary
  - VICTORIA FRANCEFR 100%
- VICTORIA DEUTSCHLAND GmbHDE 100%

Holdings through the years 2010 to 2025

Holdings through the years
Name	2010	2011	2012	2013	2014	2015	2016	2017	2018	2020
VICTORIA COMPANY 2013 to 2015: 54.5% 2016: 67.44% 2017 to 2025: 69.62%				54.5%			67.44%	69.62%
Hava ManagementNL 2013: 37.5% 2014 to 2015: 26.25% 2016: 30% 2017 to 2022: 45%				37.5%	26.25%		30%	45%
Hava Holding bvNL 2012: 100% 2013 to 2017: 55.2% 2018 to 2022: 36.8%			100%	55.2%					36.8%
Opef bvNL 2012 to 2021: 79%			79%
Montaigne & Cie SASFR 2017 to 2019: 13.39% 2020 to 2021: 13.24%								13.39%		13.24%
MOPEF BVNL 2012 to 2015: 25% 2016 to 2021: 0.01%			25%				0.01%
Alux HoldingNL 2015 to 2020: 85%						85%
Alux ManagementNL 2015: 33% 2016: 6.67% 2017 to 2020: 73.33%						33%	6.67%	73.33%
E&M Holding bvNL 2010: 70% 2011 to 2015: 63.91% 2016 to 2017: 69.76%	70%	63.91%					69.76%
INULA 2011 to 2012: 50% 2013: 42.3% 2014 to 2017: 42.29%		50%		42.3%	42.29%
Montaigne Groupe SASFR 2013: 13.88% 2014 to 2016: 13.39%				13.88%	13.39%
Bailly Industries SASFR 2012: 0.1% 2013 to 2015: 49.95%			0.1%	49.95%
SAVANNE 2010 to 2013: 50%	50%
MOSA 2010: 25% 2011 to 2012: 36.94% 2013: 49.56%	25%	36.94%		49.56%

Source: list of holdings in its own accounts

Connections & network

1 office holder

Depth

The network starts from the directors of VENDIS CAPITAL. Every other company they run is a node.

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