Annual reports
2023 was an exciting and challenging year for the climate, the economy and also for VITO. With our new CEO and leadership team, we are plotting course for a sustainable future where people, nature and economy are always in balance. We work together with all stakeholders to bring about a positive transition story. We do so with a renewed strategy, using our knowledge, innovations and technology to achieve maximum impact in three areas: raw materials, climate and living environment.
Interactive, digital annual report
In this annual report, we look back at VITO’s main achievements in 2023 within each domain and in terms of our organisation and results.
Click the button to view VITO's first fully digital annual report. In the interactive pdf you can easily navigate and find interesting links to articles and videos or more information.
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Previous reports
2022
The year 2022 is economically marked by an unseen inflation of 9.59 % and the energy cost has tripled. Yet VITO is again able to present a positive financial end result. VITO continues to grow in budget and staff. The relevance of VITO's research is reaffirmed by the high success rate in acquiring new research projects, the start of 4 new spin-offs and new license agreements with industry in Belgium and abroad based on built VITO knowledge.
2021
Despite the challenges of the corona crisis, VITO closed 2021 with a positive result. VITO continues to grow and the new climate and water related projects give the results an extra boost. The creation of Clean Vision Invest stimulates the valorisation and spin off policy and is starting to show its success.
The sale of the VITO spin off LCV (Laser Cladding Venture) is hereby a good example of the generation of extra resources for research and valorisation. Together with the support that VITO provides to Flanders, Europe and the industry, we are now well prepared for the challenges of the coming years.
2020
In 2020 the coronavirus pandemic has also had an impact on VITO. Despite the difficult circumstances VITO was able to maintain its growth of the previous years so we can close 2020 with a positive result. It shows that VITO is ready for the challenges of the post-corona era with continued attention for good project management and cost efficiency.
2019
With the annual report of 2019 VITO wants to provide an overview of its activities in the past year. And we feel proud of the results.