Second consecutive year with record results

Gimv invests, grows and realizes value

• Continued double-digit growth at our companies in combination with significant value realisation leads to a record portfolio result of more than 300 mio EUR (a portfolio return of 19.3%)
• A record net profit of 219 mio EUR (net return on equity of 14.7%)
• Equity value per share at 53.3 EUR (after the impact of the capital increase)
• Considerable step-up in investment level to 336 mio EUR
• All-time high cash means available for investments in existing and new portfolio companies

CEO Koen Dejonckheere:

“The past year was a transformative year of ambition and growth for Gimv. Our companies again grew double-digit, both in turnover and profitability, and we realized 5 successful exits with significant capital gains. This resulted in a strong portfolio result, for the second year in a row well above target. We stepped up our investments to more than 300 mio EUR and welcomed 8 new companies, across various countries and platforms. We realized a record net profit, representing 7.5 EUR per share or a 14.7% net return on equity. At the end of March 2025, Gimv's net asset value per share amounted to 53.3 EUR. We propose a dividend of 2.6 EUR per share for the 2024-25 financial year.

Following the entry of WorxInvest as our new reference shareholder, we announced an acceleration of our growth strategy with the ambition to become a leading listed European mid-cap private equity investor. We aim to realise this by doubling the size of our portfolio, raising our portfolio return target and extending our investment horizon. We want to unlock extra value by anchoring companies with strong long-term growth potential. We are delighted to collaborate with WorxInvest on this Anchor approach and have welcomed Cegeka as Anchor's first investment.”

Chairman Filip Dierckx:

“Over the past year we have ensured that Gimv is well positioned to cope with the challenges and to capitalize on the opportunities that the current uncertain market circumstances offer. Our solid and performing portfolio, our ambitious growth strategy and our significantly strengthened capital base bolster Gimv’s capacity to capture the momentum in the current complex and volatile markets. We are confident that this is a strong basis to realize the targets we have set ourselves in our growth strategy.”