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D PARTICIPATION MANAGEMENT

Active Risk: not assessed
Public limited companyfounded 200620 yrs activeMaliestraat 50, 1050 Elsene, BelgiumKBO/BCE: BE 0878.793.769
Summary

D PARTICIPATION MANAGEMENT is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2024 annual accounts show equity of €178.72M and a net result of €-171.81M. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 11% of 2777 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

D PARTICIPATION MANAGEMENTActive

Checked score

Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term

Signals

1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-05-2025, 77 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
77 d early
2023
57 d early
2022
69 d early
2021
51 d early
2020
75 d early
2019
32 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, full schema

Equity
€178.72M▼ 49.0%
2023 · €350.53M
2018: €210.70M 2019: €154.34M▼ -26.7% vs 2018 2020: €120.33M▼ -22.0% vs 2019 2021: €119.88M▼ -0.4% vs 2020lowest in 7 years 2022: €370.27M▲ +209% vs 2021highest in 7 years 2023: €350.53M▼ -5.3% vs 2022 2024: €178.72M▼ -49.0% vs 2023
2018 → 2024
Net result
€-171.81M▼ 771%
2023 · €-19.74M
2018: €435khighest in 7 years 2019: €-56.36M▼ -13069% vs 2018 2020: €-34.01M▲ +39.7% vs 2019 2021: €-448k▲ +98.7% vs 2020 2022: €-7.70M▼ -1619% vs 2021 2023: €-19.74M▼ -156% vs 2022 2024: €-171.81M▼ -771% vs 2023lowest in 7 years
2018 → 2024
Total assets
€2.17B▲ 52.0%
2023 · €1.43B
2018: €366.05M 2019: €343.95M▼ -6.0% vs 2018lowest in 7 years 2020: €372.14M▲ +8.2% vs 2019 2021: €882.71M▲ +137% vs 2020 2022: €1.48B▲ +67.5% vs 2021 2023: €1.43B▼ -3.2% vs 2022 2024: €2.17B▲ +52.0% vs 2023highest in 7 years
2018 → 2024
Solvency
8.2%▼ 16.3pp
2023 · 24.5%
2018: 57.6%highest in 7 years 2019: 44.9%▼ -22.0% vs 2018 2020: 32.3%▼ -27.9% vs 2019 2021: 13.6%▼ -58.0% vs 2020 2022: 25.0%▲ +84.4% vs 2021 2023: 24.5%▼ -2.2% vs 2022 2024: 8.2%▼ -66.5% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€120.33M-€119.88M▼ 0.4%€370.27M▲ 209%€350.53M▼ 5.3%€178.72M▼ 49.0% 2020: €120.33M 2021: €119.88M▼ -0.4% vs 2020lowest in 5 years 2022: €370.27M▲ +209% vs 2021highest in 5 years 2023: €350.53M▼ -5.3% vs 2022 2024: €178.72M▼ -49.0% vs 2023
Operating result€-444-€-18k▼ 3,932%€66k€3.40M▲ 5,021%€4.62M▲ 36.0% 2020: €-444 2021: €-18k▼ -3932% vs 2020lowest in 5 years 2022: €66k▲ +471% vs 2021 2023: €3.40M▲ +5021% vs 2022 2024: €4.62M▲ +36.0% vs 2023highest in 5 years
Net result€-34.01M-€-448k▲ 98.7%€-7.70M▼ 1,619%€-19.74M▼ 156%€-171.81M▼ 771% 2020: €-34.01M 2021: €-448k▲ +98.7% vs 2020highest in 5 years 2022: €-7.70M▼ -1619% vs 2021 2023: €-19.74M▼ -156% vs 2022 2024: €-171.81M▼ -771% vs 2023lowest in 5 years
Result per fiscal year
Operating resultNet result
€-200.00M€-150.00M€-100.00M€-50.00M€0Operating result 2020: €-444€-444Net result 2020: €-34.01M€-34.01MOperating result 2021: €-18k€-18kNet result 2021: €-448k€-448kOperating result 2022: €66k€66kNet result 2022: €-7.70M€-7.70MOperating result 2023: €3.40M€3.40MNet result 2023: €-19.74M€-19.74MOperating result 2024: €4.62M€4.62MNet result 2024: €-171.81M€-171.81M20202021202220232024€-200M€-150M€-100M€-50M€0Operating result 2022: €66k€66kNet result 2022: €-7.70M€-7.7MOperating result 2023: €3.40M€3.4MNet result 2023: €-19.74M€-20MOperating result 2024: €4.62M€4.6MNet result 2024: €-171.81M€-172M202220232024
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 36% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.17B
Fixed assets €2.17B ▲ 52.4%
Current assets €3.57M ▼ 41.4%
Equity and liabilities €2.17B
Equity €178.72M ▼ 49.0%
Debt €2.00B ▲ 84.8%
Debt's share of the balance-sheet total rises from 75.5% to 91.8%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
ROE
-96.1%▼
2023 · -5.6%
ROA
-7.9%▼
2023 · -1.4%
Debt ≤ 1 year
€791k▲
2023 · €17k
Debt > 1 year
€1.95B▲
2023 · €1.05B
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 51 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.43B€2.17B▲
Fixed assets21/28€1.42B€2.17B▲
Financial fixed assets28€1.42B€2.17B▲
Affiliated companies280/1€1.42B€2.17B▲
Participating interests280€1.15B€1.92B▲
Amounts receivable281€272.26M€255.34M▼
Current assets29/58€6.09M€3.57M▼
Amounts receivable within one year40/41€737k€737k=
Other amounts receivable41€737k€737k=
Current investments50/53€5.00M-
Other investments51/53€5.00M-
Cash at bank and in hand54/58€119k€2.56M▲
Deferred charges and accrued income490/1€232k€273k▲
Equity and liabilities
Total equity and liabilities10/49€1.43B€2.17B▲
Equity10/15€350.53M€178.72M▼
Contributions10/11€378.36M€378.36M=
Capital10€378.36M€378.36M=
Issued capital100€378.36M€378.36M=
Reserves13€63k€63k=
Non-distributable reserves130/1€63k€63k=
Legal reserve130€63k€63k=
Profit (loss) carried forward14€-27.89M€-199.69M▼
Amounts payable17/49€1.08B€2.00B▲
Amounts payable after more than one year17€1.05B€1.95B▲
Financial debts170/4€1.05B€1.95B▲
Credit institutions173-€900.00M
Other loans174€1.05B€1.05B=
Amounts payable within one year42/48€17k€791k▲
Trade debts44€17k€791k▲
Suppliers440/4€17k€791k▲
Accrued charges and deferred income492/3€32.32M€47.68M▲
Income statement Code20232024
Operating income70/76A€3.46M€5.80M▲
Non-recurring operating income76A€3.46M€5.80M▲
Operating charges60/66A€61k€1.18M▲
Services and other goods61€59k€1.18M▲
Other operating charges640/8€2k-
Operating profit (loss)9901€3.40M€4.62M▲
Financial income75/76B€20.23M€19.07M▼
Recurring financial income75€20.23M€19.07M▼
Income from financial fixed assets750€20.15M€19.07M▼
Other financial income752/9€74k-
Financial charges65/66B€43.36M€195.50M▲
Recurring financial charges65€43.36M€55.10M▲
Debt charges650€43.36M€44.34M▲
Other financial charges652/9€388€10.77M▲
Non-recurring financial charges66B-€140.40M
Profit (loss) for the period before taxes9903€-19.74M€-171.81M▼
Profit (loss) for the period9904€-19.74M€-171.81M▼
Profit (loss) for the period to be appropriated9905€-19.74M€-171.81M▼
Appropriation of the result
Profit (loss) to be appropriated9906€-27.89M€-199.69M▼
Profit (loss) brought forward from the previous period14P€-8.15M€-27.89M▼

The notes to these accounts (33 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Operating income70/76A--€112k€3.46M€5.80M▲ 67.5%
Non-recurring operating income76A--€112k€3.46M€5.80M▲ 67.5%
Operating charges60/66A-€18k€46k€61k€1.18M▲ 1,817%
Services and other goods61-€17k€45k€59k€1.18M▲ 1,878%
Other operating charges640/8-€868€1k€2k--
Operating profit (loss)9901€-444€-18k€66k€3.40M€4.62M▲ 36.0%
Financial income75/76B-€10.30M€16.77M€20.23M€19.07M▼ 5.7%
Recurring financial income75€7.87M€10.30M€10.74M€20.23M€19.07M▼ 5.7%
Income from financial fixed assets750-€10.30M€10.74M€20.15M€19.07M▼ 5.4%
Other financial income752/9---€74k--
Non-recurring financial income76B--€6.03M---
Financial charges65/66B-€10.73M€24.54M€43.36M€195.50M▲ 351%
Recurring financial charges65€7.03M€10.73M€24.54M€43.36M€55.10M▲ 27.1%
Debt charges650€7.03M€10.73M€24.53M€43.36M€44.34M▲ 2.2%
Other financial charges652/9-€343€10k€388€10.77M▲ 2,774,509%
Non-recurring financial charges66B----€140.40M-
Profit (loss) for the period before taxes9903€-33.80M€-448k€-7.70M€-19.74M€-171.81M▼ 771%
Income taxes67/77€210k€-111----
Tax adjustments and reversals of tax provisions77-€111----
Profit (loss) for the period9904€-34.01M€-448k€-7.70M€-19.74M€-171.81M▼ 771%
Profit (loss) for the period to be appropriated9905€-34.01M€-448k€-7.70M€-19.74M€-171.81M▼ 771%
Line20202021202220232024Change
Assets
Total assets20/58€372.14M€882.71M€1.48B€1.43B€2.17B▲ 52.0%
Fixed assets21/28€371.30M€881.60M€1.47B€1.42B€2.17B▲ 52.4%
Financial fixed assets28€371.30M€881.60M€1.47B€1.42B€2.17B▲ 52.4%
Affiliated companies280/1-€881.60M€1.47B€1.42B€2.17B▲ 52.4%
Participating interests280-€617.45M€1.20B€1.15B€1.92B▲ 66.3%
Amounts receivable281-€264.14M€272.26M€272.26M€255.34M▼ 6.2%
Current assets29/58€840k€1.12M€3.47M€6.09M€3.57M▼ 41.4%
Amounts receivable within one year40/41€737k€1.05M€737k€737k€737k=
Other amounts receivable41-€1.05M€737k€737k€737k=
Current investments50/53---€5.00M--
Other investments51/53---€5.00M--
Cash at bank and in hand54/58€75k€42k-€119k€2.56M▲ 2,045%
Deferred charges and accrued income490/1-€29k€2.73M€232k€273k▲ 17.7%
Equity and liabilities
Total equity and liabilities10/49€372.14M€882.71M€1.48B€1.43B€2.17B▲ 52.0%
Equity10/15€120.33M€119.88M€370.27M€350.53M€178.72M▼ 49.0%
Contributions10/11€209.36M€120.27M€378.36M€378.36M€378.36M=
Capital10-€120.27M€378.36M€378.36M€378.36M=
Issued capital100-€120.27M€378.36M€378.36M€378.36M=
Reserves13€63k€63k€63k€63k€63k=
Non-distributable reserves130/1-€63k€63k€63k€63k=
Legal reserve130-€63k€63k€63k€63k=
Profit (loss) carried forward14€-89.10M€-448k€-8.15M€-27.89M€-199.69M▼ 616%
Amounts payable17/49€251.81M€762.83M€1.11B€1.08B€2.00B▲ 84.8%
Amounts payable after more than one year17€251.78M€760.97M€1.09B€1.05B€1.95B▲ 85.9%
Financial debts170/4-€760.97M€1.09B€1.05B€1.95B▲ 85.9%
Credit institutions173----€900.00M-
Other loans174-€760.97M€1.09B€1.05B€1.05B=
Amounts payable within one year42/48€5k€302k€1.30M€17k€791k▲ 4,442%
Financial debts43-€302k€1.29M---
Credit institutions430/8--€1.29M---
Other loans439-€302k----
Trade debts44--€8k€17k€791k▲ 4,442%
Suppliers440/4--€8k€17k€791k▲ 4,442%
Taxes, remuneration and social security45--€4k---
Taxes450/3--€4k---
Accrued charges and deferred income492/3-€1.56M€16.56M€32.32M€47.68M▲ 47.5%
Line20202021202220232024Change
Profit (loss) for the period9904€-34.01M€-448k€-7.70M€-19.74M€-171.81M▼ 771%
Operating cash flow (approximation)€-34.01M€-448k€-7.70M€-19.74M€-171.81M▼ 771%
Investment in fixed assets (approximation)-€-510.29M€-593.26M€50.40M€-746.84M▼ 1,582%
Change in cash-€-33k--€2.44M-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
20-07
State Gazette act Reappointment: KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)
Permanent representative: Grégory Gonzalez3 facts ▸
  • General meeting, 13-05-2026
  • Auditor reappointment, KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)
  • Permanent representative, Grégory Gonzalez
10-03
State Gazette act Capital & shares · Statutes amendment
Capital increase · Share issue · Capital5 facts ▸
  • General meeting, 27-02-2026
  • Capital increase, €171.623.304,1
  • Share issue, actions sans mention de valeur nominale, 273
  • Capital, €867.678.949,16
  • Statutes amendment
30-01
State Gazette act Resignation: Nicolas Saillez (director)
Appointment: Jean-François Bourguignon (director) · Director discharge · Mandate compensation5 facts ▸
  • General meeting, 18-12-2025
  • Director resignation, Nicolas Saillez (director)
  • Director discharge, Nicolas Saillez (director)
  • Director appointment, Jean-François Bourguignon (director)
  • Mandate compensation, Jean-François Bourguignon
2025
25-11
State Gazette act Capital & shares · Statutes amendment
Capital increase · Capital · Power of attorney4 facts ▸
  • General meeting, 13-11-2025
  • Capital increase, €12.000.000
  • Capital, €696.055.645,06
  • Power of attorney
16-06
State Gazette act Capital & shares
Capital increase · Capital · Bank account6 facts ▸
  • General meeting, 04-06-2025
  • Capital increase, €260.700.000
  • Capital, €639.055.645,06
  • Capital increase, €45.000.000
  • Capital, €684.055.645,06
  • Bank account, BNP Paribas Fortis, BE69 0020 0718 0378
11-06
State Gazette act Registered office
Domicile election2 facts ▸
  • General meeting, 14-05-2025
  • Domicile election, Election domicile des administrateurs au siège de la société
15-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
18-02
State Gazette act Reappointments: Amélie Coens (director) and Nicolas Saillez (director)
Mandate compensation5 facts ▸
  • General meeting, 08-05-2024
  • Director reappointment, Amélie Coens (director)
  • Mandate compensation, Amélie Coens
  • Director reappointment, Nicolas Saillez (director)
  • Mandate compensation, Nicolas Saillez
2024
31-12
Financial Weakest financial yearnet €-171.81M
Net result drops to €-171.81M, the lowest in the series.
04-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Liquidity times 131current ratio 349.48
Current ratio from 2.67 to 349.48; short-term debt falls from €1.30M to €17k.
06-10
State Gazette act Resignation: Arnaud Laviolette (director)
Appointment: Edouard Janssen (director) · Director discharge · Mandate compensation5 facts ▸
  • General meeting, 31-08-2023
  • Director resignation, Arnaud Laviolette (director)
  • Director discharge, Arnaud Laviolette (director)
  • Director appointment, Edouard Janssen (director)
  • Mandate compensation, Edouard Janssen
Show earlier events
10-08
State Gazette act Reappointment: KPMG Réviseurs d'Entreprises BV/SRL (statutory auditor)
Permanent representative: Axel Jorion · Mandate compensation4 facts ▸
  • General meeting, 10-05-2023
  • Auditor reappointment, KPMG Réviseurs d'Entreprises BV/SRL
  • Permanent representative, Axel Jorion
  • Mandate compensation, KPMG Réviseurs d'Entreprises BV/SRL
23-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial Equity above €250MEq €370.27M ▲209%
Equity rises from €119.88M to €370.27M.
02-08
State Gazette act Capital & shares · Statutes amendment
Capital increase · Bank account · Capital5 facts ▸
  • General meeting, 27-07-2022
  • Capital increase, €258.090.000
  • Bank account, BNP Paribas Fortis, 26-07-2022
  • Capital, €378.355.645,06
  • Statutes amendment
10-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
05-11
State Gazette act Capital & shares · Statutes amendment
Capital decrease · Capital4 facts ▸
  • General meeting, 01-10-2021
  • Capital decrease, €89.095.854,94
  • Capital, €120.265.645,06
  • Statutes amendment
17-05
NBB filing Annual accounts filed
fiscal year 2020 · full schema
09-03
State Gazette act Resignations & appointments
Board meeting1 fact ▸
  • Board meeting, 03-02-2021
2020
14-08
State Gazette act Reappointments: Amélie COENS, Arnaud LAVIOLETTE and 2 others
Permanent representative: Axel Jorion · Auditor remuneration7 facts ▸
  • General meeting, 13-05-2020
  • Director reappointment, Amélie COENS (director)
  • Director reappointment, Arnaud LAVIOLETTE (director)
  • Director reappointment, Nicolas SAILLEZ (director)
  • Auditor reappointment, KPMG Réviseurs d'Entreprises SCRL (statutory auditor)
  • Permanent representative, Axel Jorion (permanent representative)
  • Auditor remuneration, EUR 1.650, hors frais forfaitaires (6%) et hors TVA
29-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
16-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
28-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
31-07
State Gazette act Reappointment: KPMG Réviseurs d'Entreprises SCRL civile (statutory auditor)
Permanent representative: Alexis Palm · Auditor emoluments4 facts ▸
  • General meeting, 10-05-2017
  • Auditor reappointment, KPMG Réviseurs d'Entreprises SCRL civile (statutory auditor)
  • Permanent representative, Alexis Palm (permanent representative)
  • Auditor emoluments, applicable, 1523
17-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
03-11
State Gazette act Resignations: Axel Miller (director) and Paul Monville (director)
Appointments: Nicolas Saillez (director) and Arnaud Laviolette (director) · Mandate compensation7 facts ▸
  • General meeting, 26-09-2016
  • Director resignation, Axel Miller (director)
  • Director resignation, Paul Monville (director)
  • Director appointment, Nicolas Saillez (director)
  • Director appointment, Arnaud Laviolette (director)
  • Mandate compensation, Nicolas Saillez
  • Mandate compensation, Arnaud Laviolette
19-10
State Gazette act Capital & shares · Purpose · Resignations & appointments
Name change · Purpose change · Capital increase6 facts ▸
  • General meeting, 23-09-2016
  • Name change, D Participation Management
  • Purpose change, La société a pour objet, en Belgique et à l'étranger, soit directement, soit comme intermédiaire, ce qui est prévu ci-après: La société peut, par voie d'apport…
  • Capital increase, €208.000.000
  • Bank account, BE97 0017 9568 8349
  • Capital, €209.361.500
20-06
State Gazette act Resignation: Anne del MARMOL (director)
Appointment: Amélie COENS (director) · Mandate compensation4 facts ▸
  • General meeting, 11/05/2016
  • Director resignation, Anne del MARMOL (director)
  • Director appointment, Amélie COENS (director)
  • Mandate compensation, Amélie COENS
07-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
25-06
State Gazette act Resignations: Jean HEINEN, Arnaud DRESSE and Philippe PETIT
Appointments: Anne del! MARMOL, Axel MILLER and Paul MONVILLE · Mandate compensation10 facts ▸
  • General meeting, 13-05-2015
  • Director resignation, Jean HEINEN (director)
  • Director resignation, Arnaud DRESSE (director)
  • Director resignation, Philippe PETIT (director)
  • Director appointment, Anne del! MARMOL (director)
  • Director appointment, Axel MILLER (director)
  • Director appointment, Paul MONVILLE (director)
  • Mandate compensation, Anne del! MARMOL
  • Mandate compensation, Axel MILLER
  • Mandate compensation, Paul MONVILLE
2014
18-07
State Gazette act Capital & shares
Capital increase · Bank account · Capital5 facts ▸
  • General meeting, 23-06-2014
  • Capital increase, €1.300.000
  • Bank account, ING, BE44 3631 3580 0545
  • Capital, €1.361.500
  • Statutes amendment
12-06
State Gazette act Appointment: KPMG Réviseurs d'Entreprises SCRL civile (statutory auditor)
Permanent representative: Alexis PALM3 facts ▸
  • General meeting, 14-05-2014
  • Auditor appointment, KPMG Réviseurs d'Entreprises SCRL civile (statutory auditor)
  • Permanent representative, Alexis PALM
2013
06-06
State Gazette act Resignations: Jean-Pierre BIZET, Philippe SIMONART and 2 others
Appointments: Denis GORTEMAN, Arnaud DRESSE and 2 others9 facts ▸
  • General meeting, 08-05-2013
  • Director resignation, Jean-Pierre BIZET (director)
  • Director resignation, Philippe SIMONART (director)
  • Director resignation, Philippe PETIT (director)
  • Director appointment, Denis GORTEMAN (director)
  • Director appointment, Arnaud DRESSE (director)
  • Director appointment, Jean HEINEN (director)
  • Director resignation, Denis GORTEMAN (director)
  • Director appointment, Philippe PETIT (director)
22-01
State Gazette act Resignation: Denis GORTEMAN (director)
Appointment: Philippe PETIT (director) · Mandate compensation4 facts ▸
  • Board meeting, 12-12-2012
  • Director resignation, Denis GORTEMAN (director)
  • Director appointment, Philippe PETIT (director)
  • Mandate compensation, Philippe PETIT
2012
20-11
State Gazette act Resignations: Jean-Pierre BIZET, Philippe PETIT and Philippe SIMONART
Appointments: Denis GORTEMAN, Jean HEINEN and Arnaud DRESSE · Mandate compensation10 facts ▸
  • Board meeting, 08-10-2012
  • Director resignation, Jean-Pierre BIZET (director)
  • Director resignation, Philippe PETIT (director)
  • Director resignation, Philippe SIMONART (director)
  • Director appointment, Denis GORTEMAN (director)
  • Director appointment, Jean HEINEN (director)
  • Director appointment, Arnaud DRESSE (director)
  • Mandate compensation, Denis GORTEMAN
  • Mandate compensation, Jean HEINEN
  • Mandate compensation, Arnaud DRESSE
03-04
State Gazette act Resignations: Christophe Delacroix (director) and Thierry Verbist (director)
3 facts ▸
  • Board meeting, 15-03-2012
  • Director resignation, Christophe Delacroix (director)
  • Director resignation, Thierry Verbist (director)
07-02
State Gazette act Resignation: Thierry van Kan (managing director)
2 facts ▸
  • Board meeting, 20-01-2012
  • Director resignation, Thierry van Kan (managing director)
2011
27-06
State Gazette act Reappointments: BDO scrl, Jean-Pierre Bizet and 5 others
8 facts ▸
  • General meeting, 11-05-2011
  • Auditor reappointment, BDO scrl
  • Director reappointment, Jean-Pierre Bizet (director)
  • Director reappointment, Christophe Delacroix (director)
  • Director reappointment, Philippe Petit (director)
  • Director reappointment, Philippe Simonart (director)
  • Director reappointment, Thierry van Kan (director)
  • Director reappointment, Thierry Verbist (director)
31-05
State Gazette act Reappointments: BDO cvba, Jean-Pierre Bizet and 5 others
8 facts ▸
  • General meeting, 11-05-2011
  • Auditor reappointment, BDO cvba
  • Director reappointment, Jean-Pierre Bizet (director)
  • Director reappointment, Christophe Delacroix (director)
  • Director reappointment, Philippe Petit (director)
  • Director reappointment, Philippe Simonart (director)
  • Director reappointment, Thierry van Kan (director)
  • Director reappointment, Thierry Verbist (director)
2009
09-03
State Gazette act Resignation: Denis Gorteman (director)
Appointment: Philippe Simonart (director)5 facts ▸
  • Board meeting, 14-11-2008
  • Director resignation, Denis Gorteman (director)
  • Director appointment, Philippe Simonart (director)
  • Director appointment, Philippe Simonart (director)
  • Director appointment, Philippe Simonart (director)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
28 of 28 acts read

Directors · office · real estate

Directors
3 directors, no change since 2025
Jean-François Bourguignon
Director · since 19-12-2025
Current
Edouard Janssen
Director · since 01-09-2023
Current
Amélie Coens
Director · since 11-05-2016
Current
19-12-2025 Jean-François Bourguignon: Appointed as Director
19-12-2025 Nicolas Saillez: Resigned as Director
08-05-2024 Amélie Coens: Mandate renewed as Director
08-05-2024 Nicolas Saillez: Mandate renewed as Director
01-09-2023 Edouard Janssen: Appointed as Director
Full history in the Timeline (38 changes) →
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
1.7 ha
Building footprint
7,305 m²
Volume, LiDAR
87,701 m³
Parcel 21447B0305/00Y027, Brussels · tallest building 33.4 m, ±2 floors. Linked by address, not a title deed.
51 companies at this address See who is registered here
1 establishment unit
LEASE MANAGEMENT
Maliestraat 50, 1050 ElseneNACE 50101
since 20062.151.990.926
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21447B0305/00Y027
ProtectedMonumentD'IeterenSource ↗
Brussels 1.7 ha 1 · 7,305 m² 33.4 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Statutory auditor

1 auditor
KPMG Réviseurs d'Entreprises BV/SRLCurrent
Statutory auditor · represented by Grégory Gonzalez
14-05-2014 → present
Show 1 earlier auditors
CVBA BDO
Auditor
succeeded by KPMG Réviseurs d'Entreprises BV/SRL in 2014
11-05-2011 → 14-05-2014

Articles of association

Purpose
La société a pour objet, en Belgique et à l'étranger, soit directement, soit comme intermédiaire, ce qui est prévu ci-après: La société peut, par voie d'apport en espèces ou en…
Full purpose

La société a pour objet, en Belgique et à l'étranger, soit directement, soit comme intermédiaire, ce qui est prévu ci-après: La société peut, par voie d'apport en espèces ou en nature, de fusion, de souscription, de participation, d'intervention financière ou autrement, prendre des participations dans d'autres sociétés ou entreprises existantes ou à créer, que ce soit en Belgique ou à l'étranger. Elle peut constituer, développer et gérer un patrimoine mobilier et faire toutes opérations mobilières quelconques y compris celles se rapportant à tous droits mobiliers comme l'acquisition, la cession et la gestion d'actions, de parts, d'obligations convertibles ou non, de prêts de consommation, de prêts ordinaires, de bons de caisse ou autres valeurs mobilières, de quelque forme que ce soit. Elle peut faire toutes opérations se rapportant directement ou indirectement au management en général, et plus précisément, sans que cette énumération ne soit limitative: la création de sociétés holding ou d'exploitation, toutes activités d'études et de conseils, toutes prestations de services, tous travaux d'administration et de gestion. La société pourra exercer tout mandat généralement quelconque ainsi que toute fonction autorisée dans toute personne morale belge ou étrangère en ce compris la fonction d'administrateur, de délégué à la gestion journalière, de gérant et de liquidateur. Ce mandat pourra être rémunéré ou gratuit. Elle peut également consentir tous prêts ou garantir tous prêts consentis par des tiers, étant entendu que la société n'effectuera aucune activité dont l'exercice serait soumis à des dispositions légales ou réglementaires applicables aux établissements de crédits et/ou financiers. Elle peut hypothéquer ses immeubles et mettre en gage tous ses autres biens. Elle peut se porter caution et donner toute sûreté personnelle ou réelle en faveur de toute personne ou société liée ou non. Elle peut faire toutes opérations commerciales, financières, immobilières et mobilières, se rapportant directement ou indirectement à son objet ou susceptibles de favoriser son développement.

Structure & network

Connections & network

36 connected companies
Linked via shared directors
SOLVAY
via Edouard Janssen · Director
→
SYENSQO
via Edouard Janssen · Director
→
former→
Show 32 more companies with a shared director
AXA BELGIUM
Shared director
→
BELFIUS BANQUE
Shared director
→
CRELAN
Shared director
→
→
DMC Antwerpen
Shared director
→
DMC BRUSSELS
Shared director
→
DUVEL MOORTGAT
Shared director
→
→
FEBELAUTO
Shared director
→
FINANCES ET INDUSTRIES
Shared director
→
FONDATION BERNHEIM
Shared director
→
Fondation Saint - Luc
Shared director
→
FONDATION ULB
Shared director
→
ING BELGIQUE
Shared director
→
IPM Group
Shared director
→
Lab Box
Shared director
→
→
n-Side
Shared director
→
NOVADIP BIOSCIENCES
Shared director
→
P.C. Liège
Shared director
→
PC Louvain-la-Neuve
Shared director
→
PC Paal-Beringen
Shared director
→
ROSSEL & Cie
Shared director
→
SFPIM Defence
Shared director
→
Wonderauto
Shared director
→

Ownership & control

1 parent company
Control over this companyparent company per the LEI register1
controls
D PARTICIPATION MANAGEMENTBE 0878.793.769

Capital and shareholders

Capital over the years
  1. 10-03-2026 Capital increase of 171,623,304.10 EUR · to 867,678,949.16 EUR · in kind
  2. 25-11-2025 Capital increase of 12,000,000 EUR · to 696,055,645.06 EUR
  3. 16-06-2025 Capital increase of 260,700,000 EUR · to 639,055,645.06 EUR · 423 new shares · in kind
  4. 16-06-2025 Capital increase of 45,000,000 EUR · to 684,055,645.06 EUR · 73 new shares · in cash
  5. 02-08-2022 Capital increase of 258,090,000 EUR · to 378,355,645.06 EUR · in cash
  6. 05-11-2021 Capital reduction of 89,095,854.94 EUR · to 120,265,645.06 EUR · to absorb losses
  7. 19-10-2016 Capital increase of 208,000,000 EUR · to 209,361,500 EUR · in cash
  8. 18-07-2014 Capital increase of 1,300,000 EUR · to 1,361,500 EUR · in cash

Recognitions · licences · registrations

Legal Entity Identifier

699400YD41RCOOWV4Y18
live in the LEI register

Similar companies · same sector, comparable size

Of 24,727 companies in sector 64210 we hold annual accounts for 19,768. 1,259 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded20-01-2006
Fiscal year end31-12
Abbreviation FR DPM
Activities, NACEBEL 2025
64210Activities of holding companies

Scores and ratios are computed by Checked and are not a credit decision.