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Gimv

Group · 58 companies · 3 countries

Gimv and the 57 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.

Parent's dossierFollow this group My exposure
Companies
58
54 in Belgium, 4 abroad
Countries
3
Belgium, France, Netherlands
Total assets
€4.15bn
what the companies own together
Equity
€3.12bn
the shareholders' buffer
Net result
€134.3m
profit or loss of the year
Staff (FTE)
1,915
in Belgium, social balance

Sum of the filed annual accounts of 53 of the 54 Belgian companies (fiscal years 2024-2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.

Gimv also files consolidated accounts (fiscal year 2025): the real group figures, with intra-group positions eliminated. Checked does not read their figures yet; the document is at the National Bank's Central Balance Sheet Office.

Group risk

How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.

86/100 median score

Group structure

Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.

  • Gimv17 subsidiaries
    BE 0220.324.117Parent
    No verdict€1.90bn €1.35bn 2025
    • Adviesbeheer Gimv Connected Consumer 2013
      BE 0518.892.392LEI lapsed
      Healthy · 93€257,943 €165,774 2025
    • ADVIESBEHEER GIMV GROUP 20131 subsidiary
      BE 0515.977.74195.99% per the accounts
      Healthy · 93€584,275 €584,275 2025
    • Adviesbeheer Gimv Group 20164 subsidiaries
      BE 0649.467.26095.17% per the accounts
      Fair · 54€155,947 -€57,957 2025
    • ADVIESBEHEER GIMV HEALTH & CARE 2013
      BE 0518.890.018LEI lapsed
      No verdict€12.3m €12.3m 2025
    • ALRO2 subsidiaries
      BE 0437.678.450
      High risk · 12€48.1m -€718,990 2025
      • RECITECH
        BE 0437.726.85199.99% per the accounts
        Elevated · 35€4.7m €4.3m 2025
      • WCA-Alro
        BE 0434.307.008100% per the accounts
        Elevated · 34€16.0m €8.5m 2025
    • ALRO HOLDINGS1 subsidiary
      BE 0450.073.565
      Elevated€37.9m €5.3m 2025
      • Alro FPC
        BE 0767.776.180100% per the accounts
        Elevated · 32€1.6m -€2.1m 2025
    • ALRO INTERNATIONAL
      BE 0729.709.91775% per the accountsInactive
      Elevated€22,288 -€53.6m 2025
    • Cristallo TopCo13 subsidiaries
      BE 0787.628.41959.87% per the accounts
      No verdict€108.8m €48.0m 2025
      • ABN KLIMATISATIE1 subsidiary
        BE 0458.405.865100% per the accounts
        Healthy · 92€9.2m €6.6m 2025
      • BOVEMA INTERNATIONAL
        BE 0447.039.346100% per the accounts
        Healthy · 86€3.3m €1.9m 2025
      • CLIMAWEST
        BE 0471.481.564100% per the accounts
        Healthy · 82€2.8m €1.1m 2025
      • ELECTRO - VERBEKE
        BE 0416.596.489100% per the accounts
        Healthy · 94€3.5m €2.8m 2025
      • ELECTRO ZWIJSEN
        BE 0431.539.043100% per the accounts
        Healthy · 96€14.3m €9.2m 2025
      • INDUZZ3
        BE 0439.278.455100% per the accounts
        Healthy · 86€10.5m €7.8m 2025
      • K&F Group2 subsidiaries
        BE 0678.609.723100% per the accounts
        No verdict€5.7m €5.5m 2025
      • L.V.R. ELECTRONICS
        BE 0429.382.079100% per the accounts
        Healthy · 96€1.7m €1.6m 2025
      • LENAERTS
        BE 0450.996.946100% per the accounts
        Healthy · 94€12.7m €10.1m 2025
      • Newten3 subsidiaries
        BE 0779.310.371100% per the accounts
        Healthy · 93€8.5m €2.5m 2025
        • FAMIL
          BE 0452.683.459100% per the accountsInactive
          Elevated€889,427 €106,965 2025
        • IN-TEC
          BE 0895.219.433100% per the accounts
          Elevated · 53€3.6m €583,448 2025
        • VAN SEVEREN
          BE 0442.446.989100% per the accounts
          Healthy · 99€7.9m €4.4m 2025
      • SANITEL-INSTALLATIEBEDRIJF
        BE 0455.239.806100% per the accountsBankruptcy
        High risk · 8€3.3m -€350,676 2023
      • SETEC
        BE 0452.022.671100% per the accounts
        Healthy · 97€909,975 €723,365 2025
      • VAN VOOREN
        BE 0429.491.155100% per the accounts
        Healthy · 97€9.1m €5.4m 2025
    • Gimv 2024 Holding5 subsidiaries
      BE 1019.840.18299.9% per the accounts
      Healthy · 69€685.3m €685.3m 2025
    • Gimv Anchor Investments
      BE 1020.386.45174.99% per the accounts
      No verdict€220.0m €219.0m 2025
    • Gimv-XL
      BE 0820.802.914100% per the accounts
      Healthy · 92€555,409 €555,409 2025
    • IMPRESSION INTERNATIONAL
      BE 0895.599.11995% per the accounts
      Fair · 53€2.6m -€5.0m 2025
    • NOVA Engineering2 subsidiaries
      BE 0408.306.553indirect
      Healthy · 67€50.3m €1.9m 2025
      • IMPACT
        BE 0464.633.166100% per the accounts
        Healthy · 84€20.5m €4.3m 2025
      • NOVA SELECTION
        BE 0648.946.232100% per the accounts
        Healthy · 96€1.3m €930,349 2025
    • ACCEO GROUP
      FR La Ciotat, FranceindirectLEI lapsed
    • CODEX 324 HOLDING
      FR Paris, FranceLEI lapsed
    • FT IMMOBILIER
      FR Paris, FranceindirectLEI lapsed
    • Gimv Investments H&C Netherlands 2016 B.V.
      NL 'S-Gravenhage, Netherlands

High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.

Shared directors

Who sits on the boards of several group companies. This is where control over the group sits in practice.

6

Events in the group

Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.

  1. MNGMNT BV resigns as day-to-day manager
    Director changeCLIMAWEST
  2. 2 directors appointed, 2 directors resigning
    Director changeTSF Holding
  3. 3 directors appointed, 2 directors resigning
    Director changeGOOSSENS ELECTRO
  4. Capital contribution
    Capital changeIN-TEC
  5. Dissolution of the company
    DissolutionFAMIL
  6. 3 directors appointed, 2 directors resigning
    Director changeSETEC
  7. 3 directors appointed, 2 directors resigning
    Director changeVAN VOOREN
  8. 3 directors appointed, 2 directors resigning
    Director changeK&F Group
  9. 2 directors appointed, 1 director resigning
    Director changeK & F ELECTRO-TECHNIEK
  10. 4 directors resigning
    Director changeFAMIL
  11. Change of permanent representative
    Director changeVAN SEVEREN
  12. Capital contribution
    Capital changeGimv 2024 Holding
  13. 1 director appointed, 1 director resigning
    Director changeNOVA Engineering
  14. Sales & HR Solution BV appointed as algemeen directeur
    Director changeNOVA SELECTION
  15. 1 director appointed, 3 directors resigning, 2 reappointed
    Director changeGimv
  16. Closure of the bankruptcy
    JudgmentSANITEL-INSTALLATIEBEDRIJF
  17. Capital contribution
    Capital changeGimv 2024 Holding
  18. 1 director appointed, 2 directors resigning
    Director changeNOVA SELECTION
  19. Capital increase of €151,235,859.39
    Capital changeGimv Healthcare Invest 2024
  20. Company renamed to Nova Selection
    Name changeNOVA SELECTION
  21. 3 reappointed
    Director changeADVIESBEHEER GIMV SMART INDUSTRIES 2013
  22. Geturomi BV appointed as director
    Director changeTSF Holding
  23. Dissolution of the company
    DissolutionCURANA
  24. Transaction in capital or shares
    Capital changeCURANA
  25. Dissolution of the company
    DissolutionCURANA INVEST
  26. Share issue
    Capital changeCURANA INVEST
  27. 1 director appointed, 1 director resigning
    Director changeWCA-Alro
  28. Reorganisation plan approved
    ReorganisationALRO
  29. Reorganisation plan approved
    ReorganisationALRO HOLDINGS
  30. Reorganisation plan approved
    ReorganisationAlro FPC

The 30 most recent; each dossier shows its company's full timeline.

What is my exposure to this group?

The companies of this group you keep in your lists or follow, seen together.

Where do these figures come from?

Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.

The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.

The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.

Updated on 05-10-2026

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