ACTIVE

Vulcain

Financial year 2025 · closed on 31/12/2025
Net result
11,6 k €
+123.6% YoY
Gross margin
234 k €
+22.2% YoY
Equity
1,7 M €
-0.4% YoY

What does Vulcain do?

Vulcain is a Public limited company incorporated in 1968. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0400.068.184
Incorporation
01/01/1968
Legal form
Public limited company
Registered office
Voordries 10
9050 Gent · FlandreSee on map
Contributed capital
493 000,00 €
Latest accounts
31/12/2025
Joint committees (1)
  • 323
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debts
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 13 financial years

2025202420232022202120132012201120102009200820072006
Income statement
Gross margin234 k €191,5 k €883,9 k €159,7 k €115,5 k €95,9 k €97,9 k €90 k €100,2 k €88 k €60,1 k €70,9 k €70,9 k €
EBITDA183,6 k €160,5 k €867 k €142,6 k €100,3 k €84,5 k €86,8 k €79,3 k €89,5 k €77,3 k €49,8 k €61 k €62,1 k €
Operating result69,6 k €-22,1 k €812,5 k €80,2 k €44,5 k €42,1 k €45,4 k €37,9 k €40,6 k €36 k €6,7 k €16,7 k €16,2 k €
Net result11,6 k €-49,1 k €603,8 k €45,8 k €14,3 k €25,6 k €26,9 k €17,5 k €19,5 k €13,6 k €-22,7 k €-7 k €-7,5 k €
Balance sheet
Equity1,7 M €1,7 M €1,8 M €1,2 M €758,9 k €343,9 k €318,3 k €291,5 k €274 k €254,5 k €240,9 k €263,6 k €270,6 k €
Total assets2,9 M €3 M €2,4 M €1,6 M €1,4 M €737,5 k €701,9 k €700,4 k €724,7 k €772,3 k €798 k €802,2 k €771,8 k €
Cash44,1 k €31,8 k €1,1 M €179,2 k €26,6 k €97,4 k €42,8 k €10,6 k €10,9 k €17,9 k €7 k €7,5 k €6,9 k €
Debts948,7 k €1 M €306,7 k €316,9 k €524,9 k €373,1 k €381,6 k €407,1 k €433,2 k €499,3 k €539,7 k €520,7 k €500,7 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 15 ended

Active mandates

VINCENT BEERT

Director · since 22 février 2024

Active

Ended mandates

REGAL & C°

Director · since 29 juillet 2022 · until 22 février 2024 · 0462.722.563

Represented by Collart ANN

Ended
REGAL & C°

Director · since 29 juillet 2022 · 0462.722.563

Represented by COLLART ANN

Ended
Ann Collart

Director · since 08 juin 2013 · until 08 juin 2019

Ended
REGAL & C°

Managing director · since 24 mai 2013 · until 24 mai 2019 · 0462.722.563

Represented by Ann Collart

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date31/07/202630/07/202527/06/202407/07/202323/06/202216/06/2021
General meeting30/06/202630/06/202525/06/202410/06/202311/06/202212/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202530/06/202631/07/2026DutchPDF
Micro model31/12/202430/06/202530/07/2025DutchPDF
Micro model31/12/202325/06/202427/06/2024DutchPDF
Micro model31/12/202210/06/202307/07/2023DutchPDF
Abridged model31/12/202111/06/202223/06/2022DutchPDF
Abridged model31/12/202012/06/202116/06/2021DutchPDF
Abridged model31/12/201913/06/202010/07/2020DutchPDF
Abridged model31/12/201808/06/201904/07/2019DutchPDF
Abridged model31/12/201709/06/201809/07/2018DutchPDF
Abridged model31/12/201610/06/201720/07/2017DutchPDF
Abridged model31/12/201511/06/201608/07/2016DutchPDF
Abridged model31/12/201413/06/201509/07/2015DutchPDF
Abridged model31/12/201314/06/201407/07/2014DutchPDF
Abridged model31/12/201208/06/201305/07/2013DutchPDF
Abridged model31/12/201109/06/201206/07/2012DutchPDF
Abridged model31/12/201011/06/201116/06/2011DutchPDF
Abridged model31/12/200912/06/201021/06/2010DutchPDF
Abridged model31/12/200813/06/200914/07/2009DutchPDF
Abridged model31/12/200714/06/200804/07/2008DutchPDF
Abridged model31/12/200609/06/200719/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 15 ended

Active mandates

VINCENT BEERT

Director · since 22 février 2024

Active

Ended mandates

REGAL & C°

Director · since 29 juillet 2022 · until 22 février 2024 · 0462.722.563

Represented by Collart ANN

Ended
REGAL & C°

Director · since 29 juillet 2022 · 0462.722.563

Represented by COLLART ANN

Ended
Ann Collart

Director · since 08 juin 2013 · until 08 juin 2019

Ended
REGAL & C°

Managing director · since 24 mai 2013 · until 24 mai 2019 · 0462.722.563

Represented by Ann Collart

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates24/04/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/04/2024
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Restructuring06/09/2022
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/06/2022
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
    PDF
  • Mandates28/11/2019
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates08/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/08/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office13/12/2010
    MAATSCHAPPELIJKE ZETEL
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 202511,6 k €
  2. 2024
    Annual accounts 2024-49,1 k €
  3. 2023
    Annual accounts 2023603,8 k €
  4. 2022
    Annual accounts 202245,8 k €
  5. 2021
    Annual accounts 202114,3 k €
  6. 2013
    Annual accounts 201325,6 k €
  7. 2012
    Annual accounts 201226,9 k €
  8. 2011
    Annual accounts 201117,5 k €
  9. 2010
    Annual accounts 201019,5 k €
  10. 2009
    Annual accounts 200913,6 k €
  11. 2008
    Annual accounts 2008-22,7 k €
  12. 2007
    Annual accounts 2007-7 k €
  13. 2006
    Annual accounts 2006-7,5 k €
  14. 01/01/1968
    IncorporationPublic limited company