iso4217:EURiso4217:EURxbrli:shares724500D8WOYCL1BUCB802024-12-31724500D8WOYCL1BUCB802023-12-31724500D8WOYCL1BUCB802024-01-012024-12-31724500D8WOYCL1BUCB802023-01-012023-12-31724500D8WOYCL1BUCB802023-12-31ifrs-full:IssuedCapitalMember724500D8WOYCL1BUCB802023-12-31ifrs-full:TreasurySharesMember724500D8WOYCL1BUCB802023-12-31ifrs-full:SharePremiumMember724500D8WOYCL1BUCB802023-12-31ifrs-full:OtherReservesMember724500D8WOYCL1BUCB802023-12-31ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember724500D8WOYCL1BUCB802023-12-31ifrs-full:EquityAttributableToOwnersOfParentMember724500D8WOYCL1BUCB802023-12-31vlk:NonControllingInterestsFromCapitalSecuritiesMember724500D8WOYCL1BUCB802023-12-31vlk:OtherNonControllingInterestsMember724500D8WOYCL1BUCB802024-01-012024-12-31ifrs-full:IssuedCapitalMember724500D8WOYCL1BUCB802024-01-012024-12-31ifrs-full:TreasurySharesMember724500D8WOYCL1BUCB802024-01-012024-12-31ifrs-full:SharePremiumMember724500D8WOYCL1BUCB802024-01-012024-12-31ifrs-full:OtherReservesMember724500D8WOYCL1BUCB802024-01-012024-12-31ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember724500D8WOYCL1BUCB802024-01-012024-12-31ifrs-full:EquityAttributableToOwnersOfParentMember724500D8WOYCL1BUCB802024-01-012024-12-31vlk:NonControllingInterestsFromCapitalSecuritiesMember724500D8WOYCL1BUCB802024-01-012024-12-31vlk:OtherNonControllingInterestsMember724500D8WOYCL1BUCB802024-12-31ifrs-full:IssuedCapitalMember724500D8WOYCL1BUCB802024-12-31ifrs-full:TreasurySharesMember724500D8WOYCL1BUCB802024-12-31ifrs-full:SharePremiumMember724500D8WOYCL1BUCB802024-12-31ifrs-full:OtherReservesMember724500D8WOYCL1BUCB802024-12-31ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember724500D8WOYCL1BUCB802024-12-31ifrs-full:EquityAttributableToOwnersOfParentMember724500D8WOYCL1BUCB802024-12-31vlk:NonControllingInterestsFromCapitalSecuritiesMember724500D8WOYCL1BUCB802024-12-31vlk:OtherNonControllingInterestsMember724500D8WOYCL1BUCB802022-12-31ifrs-full:IssuedCapitalMember724500D8WOYCL1BUCB802022-12-31ifrs-full:TreasurySharesMember724500D8WOYCL1BUCB802022-12-31ifrs-full:SharePremiumMember724500D8WOYCL1BUCB802022-12-31ifrs-full:OtherReservesMember724500D8WOYCL1BUCB802022-12-31ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember724500D8WOYCL1BUCB802022-12-31ifrs-full:EquityAttributableToOwnersOfParentMember724500D8WOYCL1BUCB802022-12-31vlk:NonControllingInterestsFromCapitalSecuritiesMember724500D8WOYCL1BUCB802022-12-31vlk:OtherNonControllingInterestsMember724500D8WOYCL1BUCB802022-12-31724500D8WOYCL1BUCB802023-01-012023-12-31ifrs-full:IssuedCapitalMember724500D8WOYCL1BUCB802023-01-012023-12-31ifrs-full:TreasurySharesMember724500D8WOYCL1BUCB802023-01-012023-12-31ifrs-full:SharePremiumMember724500D8WOYCL1BUCB802023-01-012023-12-31ifrs-full:OtherReservesMember724500D8WOYCL1BUCB802023-01-012023-12-31ifrs-full:RetainedEarningsProfitLossForReportingPeriodMember724500D8WOYCL1BUCB802023-01-012023-12-31ifrs-full:EquityAttributableToOwnersOfParentMember724500D8WOYCL1BUCB802023-01-012023-12-31vlk:NonControllingInterestsFromCapitalSecuritiesMember724500D8WOYCL1BUCB802023-01-012023-12-31vlk:OtherNonControllingInterestsMember724500D8WOYCL1BUCB802023-12-31vlk:SubordinatedLiabilitiesMember724500D8WOYCL1BUCB802023-12-31ifrs-full:DebtSecuritiesMember724500D8WOYCL1BUCB802023-12-31ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember724500D8WOYCL1BUCB802024-01-012024-12-31vlk:SubordinatedLiabilitiesMember724500D8WOYCL1BUCB802024-01-012024-12-31ifrs-full:DebtSecuritiesMember724500D8WOYCL1BUCB802024-01-012024-12-31ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember724500D8WOYCL1BUCB802024-12-31vlk:SubordinatedLiabilitiesMember724500D8WOYCL1BUCB802024-12-31ifrs-full:DebtSecuritiesMember724500D8WOYCL1BUCB802024-12-31ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember724500D8WOYCL1BUCB802022-12-31vlk:SubordinatedLiabilitiesMember724500D8WOYCL1BUCB802022-12-31ifrs-full:DebtSecuritiesMember724500D8WOYCL1BUCB802022-12-31ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember724500D8WOYCL1BUCB802023-01-012023-12-31vlk:SubordinatedLiabilitiesMember724500D8WOYCL1BUCB802023-01-012023-12-31ifrs-full:DebtSecuritiesMember724500D8WOYCL1BUCB802023-01-012023-12-31ifrs-full:FinancialLiabilitiesAtFairValueThroughProfitOrLossCategoryMember

Notes to the reader

Changes to our reporting segments

As of 2024, we manage our business and report on our

results according to four client segments: Private Clients

Netherlands, Private Clients Belgium, Investment

Management Clients and Investment Banking Clients.

Both Private Clients Switzerland and Evi are reported

under Private Clients Netherlands.

In this annual report, when discussing comparative figures

from 2023, these have been adjusted accordingly.

Unrounded figures

Amounts in this annual report may not add up due to being

rounded up or down. The total amounts may therefore

deviate from the sum of the parts. Percentage changes are

based on the unrounded figures.

Changes to comparative figures

Some amounts may differ from previously published reports;

in these cases, explanations are given in the footnotes.

			Contents
4			Message from the Chair
			Van Lanschot Kempen at a glance
7			2024 key figures
9			Growing further together
			A year in review
17			The world around us in 2024
20			Van Lanschot Kempen in 2024
24			Sustainability statement
99			Financial performance
114			Risk and capital management
129			Van Lanschot Kempen shares
133			Report of the Supervisory Board
143			Remuneration report
152			Corporate governance
158			Our Management and Supervisory Boards
163			Reconciliation of IFRS and management reporting
			Consolidated financial statements
165			Consolidated statement of financial position
166			Consolidated statement of income
167			Consolidated statement of comprehensive income
168			Consolidated statement of changes in equity
169			Consolidated statement of cash flows
171			Notes to the consolidated financial statements
			Company financial statements
257			Company statement of financial position
258			Company statement of income