VYVAPOWER
Curators
the curators have managed the company since 01-07-2026Last board
4 directors, 4 in day-to-day management, 1 auditor, no change since February 2026VCP GP BV
Chair of the board, class B director and day-to-day manager, permanent representative Olivier Strobbe
chair of the board appointed by deed of 05-11-2024
class B director since 20-12-2023
day-to-day manager appointed by deed of 24-02-2026
term without a fixed end
also on the board of 39 other companies
listed in the 2024 annual accounts, filed on 28-07-2025
Director and day-to-day manager, permanent representative Kurt Van Dal
director since 09-02-2022
day-to-day manager appointed by deed of 05-11-2024
term until 08-02-2028, term without a fixed end
earlier managing director, until 18-11-2025
also on the board of 3 other companies
listed in the 2024 annual accounts, filed on 28-07-2025
Class B director, permanent representative VANDE VYVERE Guy
since 20-12-2023
term until 19-12-2029
also on the board of 21 other companies
listed in the 2024 annual accounts, filed on 28-07-2025
AVON INVEST NV
Class A director, permanent representative Kristof Dockers
appointed by deed of 24-02-2026
6-year term from 2026
also on the board of 4 other companies
FINX BV
Day-to-day manager, permanent representative Nicolas De Boe
appointed by deed of 24-02-2026
term without a fixed end
3 other companies bankruptStatutory auditor, permanent representative Olaf Janssen
since 31-05-2024
term of 3 financial years from 2024
listed in the 2024 annual accounts, filed on 28-07-2025
Permanent representatives 5
VANDE VYVERE Guy
Permanent representative, for Vybros Capital Partners
appointed by deed of 02-01-2024
Mandates through the years
11 names, the dashed line is todayGrey Fox Invest
Director, Day-to-day manager
Director, Day-to-day manager
VCP GP
Chair of the board, Class B director, Day-to-day manager
Chair of the board, Class B director, Day-to-day manager
Vybros Capital Partners
Class B director
Class B director
AVON INVEST
Class A director
Class A director
Christophe Inzé
Day-to-day manager
Day-to-day manager
FINX
Day-to-day manager
Day-to-day manager
Ernst et Young Reviseurs d'Entreprises
Statutory auditor
Statutory auditor
GFI
Director
Director
Vybros Invest
Chair of the board
Chair of the board
Conscius Bedrijfsrevisoren BV
Company auditor
Company auditor
Vybros
Class B director
Class B director
LeadershipBoardEarliermandate already running before its first mentionend not datedBankruptcy 01-07-2026
Mandates as a list
- Grey Fox Invest
- Director, from 09-02-2022, until the bankruptcy of 01-07-2026
- Day-to-day manager, appointed by deed of 05-11-2024, until 18-11-2025
- Day-to-day manager, appointed by deed of 05-11-2024, until the bankruptcy of 01-07-2026
- VCP GP
- Class B director, from 20-12-2023, until the bankruptcy of 01-07-2026
- Chair of the board, from 20-12-2023, until the bankruptcy of 01-07-2026
- Day-to-day manager, appointed by deed of 24-02-2026, until the bankruptcy of 01-07-2026
- Vybros Capital Partners
- Class B director, from 20-12-2023, until the bankruptcy of 01-07-2026
- AVON INVEST
- Class A director, appointed by deed of 24-02-2026, until the bankruptcy of 01-07-2026
- Christophe Inzé
- Day-to-day manager, appointed by deed of 24-02-2026, until the bankruptcy of 01-07-2026
- FINX
- Day-to-day manager, appointed by deed of 24-02-2026, until the bankruptcy of 01-07-2026
- Ernst et Young Reviseurs d'Entreprises
- Statutory auditor, from 31-05-2024, until the bankruptcy of 01-07-2026
- GFI
- Director, until 24-02-2026
- Vybros Invest
- Chair of the board, appointed by deed of 05-11-2024, ended, last mentioned on 05-11-2024
- Director, appointed by deed of 14-02-2022, ended, last mentioned on 14-02-2022
- Class B director, until 02-01-2024
- Conscius Bedrijfsrevisoren BV
- Company auditor, appointed by deed of 02-01-2024, no longer listed in the 2024 annual accounts
- Vybros
- Director, appointed by deed of 14-02-2022, ended, last mentioned on 14-02-2022
- Class B director, until 02-01-2024
Control
Parent
Equity €120.8m
Loss €47.2m in 2026 (loss €12.8m in 2025)
79.65%
This company
VYVAPOWER
Equity €17.1m
Loss €441,985 in 2024
Capital
- Capital
- €20,225,000
- Shares
- 2,275 in the 2024 annual accounts
- Contribution per share
- €8,890
- Equity per share
- €7,508 in 2024
- Source
- deed of 23-08-2024
Owners through the years
as the annual accounts name themOwners as a list
- Vybros Capital Partners
- Vybros Invest
Source: parent in its own accounts, lists of holdings in the owners' accounts
Articles of association
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 14-02-2022 (in Dutch)
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At most 3 directorsdeed of 14-02-2022 (in Dutch)
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Bod, Bericht van Overdracht”deed of 02-01-2024 (in Dutch)
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- First Friday of June at 20:30deed of 14-02-2022 (in Dutch)
Capital transactions
Shareholders according to the deeds
Stated in the deed
deed of 23-08-2024 ↗
- VAN DAL Kurt 388 shares
- AK VYVAPOWER 75 shares
- VYBROS CAPITAL PARTNERS
After the capital increase
deed of 04-07-2024 ↗
- VAN DAL Kurt 25 shares · €292,750 in cash
- VYBROS CAPITAL PARTNERS 75 shares · €878,250 in cash
Stated in the deed
deed of 04-07-2024 ↗
- VAN DAL Kurt 388 shares
- VYBROS CAPITAL INVEST 1,162 shares
At incorporation
deed of 14-02-2022 ↗
- VAN DAL Kurt Leopold Carolina 400 shares (40%) · €2,800,000
- VYBROS INVEST (BE 0664.877.590) 600 shares (60%) · €4,200,000
Capital over time
- 23-08-2024 Capital increase of €3,829,000 · to €20,225,000 · in cash
- 04-07-2024 Capital increase of €1,171,000 · to €16,396,000 · 100 new shares, 4.4% of the 2,275 shares after the increase · in cash
- 02-01-2024 Capital increase of €3,150,000 · to €10,150,000 · 450 new shares · “inbreng achtergestelde aandeelhouderslening met VCP als leninggever”
- 02-01-2024 Capital increase of €5,075,000 · to €15,225,000 · 725 new shares, 33.3% of the 2,175 shares after the increase · “inbreng achtergestelde aandeelhouderslening met VCP als leninggever”
- 14-02-2022 Incorporation · €7,000,000 · 1,000 shares
The directors' other companies
1 last director with another company that went bankrupt, was dissolved or struck off3 other companies of this director went bankrupt (2026).
- BLUE GREEN MANAGEMENT GROUP bankruptcy on 01-07-2026Official Gazetteappointed in 2026, still in office
- Red Apple Investments bankruptcy on 01-07-2026Official Gazetteappointed in 2026, still in office
- EUROPOWER GENERATORS bankruptcy on 01-06-2026Official Gazetteappointed in 2025, still in office
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.