The A-Team had Hannibal, U2 has Bono, and Limburg has LRM. LRM helps shape what makes Limburg so special: from developing Corda Campus, Thor Park, and DronePort to investing in (family) businesses, driving impactful climate initiatives, supporting Limburg Startup, and leading some of the most impressive transformations of former mining sites. All while effortlessly juggling innovation, sustainability, and beauty. That’s how LRM makes Limburg a great place to live, work, thrive, and do business.
About LRM
Together, we are writing a sustainable success story.
Our mission
Our strategy
LRM, with the Flemish Region as its shareholder, leaves its mark on the economic and social growth of Limburg through the following core activities:
- Financing companies with a Limburg connection: providing loans and capital for start-ups, scale-ups, and mature companies.
- Development of innovative real estate: infrastructure for economic activities (e.g., incubators and campuses).
- Conversion of old mining sites: giving new purpose to former mining sites.
- Realization of ambitious strategic projects: LRM takes a leading role in current topics such as sustainability, mobility, climate, etc.
- Building a regional ecosystem: fostering a strong network and vibrant start-up community.
Strong international partnerships
LRM also focuses on internationalization to strengthen the business in Limburg and Flanders. We primarily aim to establish a good relationship with the USA through a partnership with the Belgian-American Chamber of Commerce, Belcham. Furthermore, we bridge the gap between Asia and Limburg through a collaboration agreement with Budding Innovation, fostering international startup connections. And we work closely with EuraTechnologies in France.
We also prioritize opportunities in the Euregion (Dutch Limburg, North Rhine-Westphalia, Liège, and Wallonia) by collaborating with LIOF and NRW.BANK.
Our Team
Behind all our projects, sites, incubators, investments, transformations, and achievements are exceptionally talented teams. Colleagues who, with unbridled enthusiasm, foster the growth and flourishing of Limburg.
Our Board of Directors
LRM’s Board of Directors Composition: Frederick Vandeput / Frieda Brepoels / Piet Pauwels / Tom Vanham / Kristof Schiepers / Mark Maesen / Kris Snijkers / Karlien De Turck / Gert Vandewaerde / Hilde Essers / Hans Wilmots / Peter Vavedin.
LRM group structure
Campuses
Mining sites
Incubators
Key figures
For the 2025 financial year, LRM report ed a consolidated profit of €5.1 million at the group level. Despite a challenging geopolitical and macroeconomic climate, the company created value through the sale of several pa icipations, including Sma bit and MyCellHub. Its corporate lending activities also delivered stable returns. In addition, LRM NV and its subsidiaries — including Corda Campus, Bioville, and Greenville — posted solid results, with strict cost control across the group. LRM receives no annual allocations or operational funding from its shareholder, the Flemish government. We cover all operational and investment-related costs and losses ourselves before dividends are distributed.
The dividends paid out to date — a key measure of our social footprint — have reached an impressive €408 million, while our equity is projected to grow to a solid €535 million in 2025.
Investment cases
LRM sloot 2025 af met een geconsolideerde winst van 5,1 miljoen euro. LRM injecteerde in 2025 opnieuw 49,7 miljoen euro in 74 bedrijven en projecten.
Investment volume
Since 1999, LRM has invested a total of 1.1 billion euros in Limburg. Two-thirds of our investments went to corporate financing and one-third to real estate. We always invest together with banks, entrepreneurs, or consortium partners, allowing us to proudly state that LRM has contributed to over 3 billion euros in investments in Limburg. In 2025, 49,7 million euros went to 74 different Limburg companies and projects (real estate, climate, etc.).
Portfolio companies
- 114 Venture capital
- 81 KlimOp loan
- 74 Breakthrough, Plus- or customized loan
- Employment in portfolio companies: 20.600 jobs