- CEO
- Eric Nys
- Full Time Employees
- 3
- Sector
- Finance
- Industry
- Financial conglomerates
- Address
- Allee de la Recherche 60 Brussels BU Belgium 1070
- IPO Date
- Jan 2, 1987
- Business
- Financière de Tubize S.A. is a Belgian holding company primarily engaged in investment activities, notably holding a 36.27% stake in the listed biopharmaceutical group UCB. The company's core business centers on its equity investment in UCB, which develops and markets treatments for serious illnesses affecting the immune and central nervous systems, including gene therapy and rare disease treatments. Financière de Tubize operates as a mono holding entity providing long-term financial support to UCB, thereby facilitating its sustained research and development efforts and global product launches. Founded in 1928 and headquartered in Brussels, Belgium, Financière de Tubize ensures strategic stability for UCB's growth and innovation initiatives.
Recent major developments include the continued acquisition of UCB shares, which has increased Financière de Tubize's stake and enhanced its capacity to support UCB financially if required. In 2024, Financière de Tubize acquired 53,706 UCB shares, leading to a total investment of approximately €210.1 million over recent years and an unrealized capital gain of €259.2 million. The company also reported a profit increase to €90.1 million in 2024 and actively reduced its bank debt from €79.2 million at the end of 2023 to €41.3 million by year-end 2024. Additionally, it proposed a 7% dividend increase for 2024, reflecting strong financial performance linked to UCB's operational success and share price appreciation. These strategic financial moves underscore Financière de Tubize’s role as a key investor and financial backer within the biopharmaceutical industry.