ACTIVE

Vital Materials Belgium

Export PDF

Financial year 2024 · Closed on 31/12/2024

Net result-2,8 M €+46,6 %over 1 year

Revenue27,1 M €+79,5 %over 1 year

Equity3 M €-48,1 %over 1 year

Workforce46,4 ETP-3,5 %over 1 year

Identity

Source · BCE/KBO

Vital Materials Belgium is a Public limited company incorporated in 1948. Its registered office is in Villers-la-Ville. It employs on average 46,4 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0400.355.226
Incorporation: 16/11/1948
Legal form: Public limited company
Registered office: Rue de la Station 67
1495 Villers-la-Ville · WallonieSee on map
Contributed capital: 17 566 792,70 €
Latest accounts: 31/12/2024
Average workforce: 46,4 ETP

Joint committees (3)

Signals

Healthy social debtsHigh revenue

Financials

Source · NBB, 19 filings

Trend over 18 financial years

	2024		2023		2022		2021		2020
Income statement
Revenue	27,1 M €	+79.5%	15,1 M €	-64.1%	42,1 M €	+1.6%	41,5 M €	+14.7%	36,1 M €
EBITDA	-2,6 M €	+33.3%	-3,8 M €	+22.3%	-4,9 M €	-223%	-1,5 M €	+32.6%	-2,3 M €
Operating result	-3 M €	+43.5%	-5,2 M €	+3.1%	-5,4 M €	-108%	-2,6 M €	+52.1%	-5,4 M €
Net result	-2,8 M €	+46.6%	-5,3 M €	-475%	-916,4 k €	+65.9%	-2,7 M €	+51.4%	-5,5 M €
Balance sheet
Equity	3 M €	-48.1%	5,9 M €	-47.4%	11,1 M €	-7.6%	12 M €	-18.2%	14,7 M €
Total assets	16,6 M €	+42.3%	11,7 M €	-20.3%	14,6 M €	-50.8%	29,8 M €	+22.1%	24,4 M €
Cash	557,4 k €	+38.2%	403,2 k €	-81.7%	2,2 M €	+275%	587,7 k €	-80.0%	2,9 M €
Debts	12,8 M €	+131%	5,5 M €	+62.7%	3,4 M €	-78.8%	16,1 M €	+81.7%	8,8 M €
Other
Workforce	46,4 ETP	-3.5%	48,1 ETP	-22.5%	62,1 ETP	-6.3%	66,3 ETP	-3.5%	68,7 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 54 ended

Active mandates

Jan VERMEYLEN

Director · since 19 décembre 2022 · until 06 juin 2028

Active

Sean FULLER

Director · since 19 décembre 2022 · until 06 juin 2028

Active

Ended mandates

Jean-Jacques MICHAT

Director · since 01 juillet 2022 · until 19 décembre 2022

Ended

Pierre KOCH

Director · since 10 mai 2022 · until 01 juillet 2022

Ended

Pierre KOCH

Director · since 10 mai 2022 · until 31 décembre 2023

Ended

Paul TANCELL

Director · since 05 août 2021 · until 19 décembre 2022

Ended

Other companies at this address

Rue de la Station 67 1495 Villers-la-Ville

Company	CBE no.
VITAL THIN FILM MATERIALS BELGIUM SRL● Active	1019.141.386

Full financial information

Source · NBB

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	10/09/2025	27/06/2024	30/06/2023	07/07/2022	14/06/2021	24/06/2020
General meeting	03/06/2025	04/06/2024	06/06/2023	30/06/2022	01/06/2021	02/06/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 19 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	03/06/2025	10/09/2025	French	PDF
Full model	31/12/2023	04/06/2024	27/06/2024	French	PDF
Full model	31/12/2022	06/06/2023	30/06/2023	French	PDF
Full model	31/12/2021	30/06/2022	07/07/2022	French	PDF
Full model	31/12/2020	01/06/2021	14/06/2021	French	PDF
Full model	31/12/2019	02/06/2020	24/06/2020	French	PDF
Full model	31/12/2018	04/06/2019	20/06/2019	French	PDF
Full model	31/12/2017	05/06/2018	18/06/2018	French	PDF
Full model	31/12/2016	06/06/2017	16/06/2017	French	PDF
Full model	31/12/2015	07/06/2016	27/07/2016	French	PDF
Full model	31/12/2014	02/06/2015	18/06/2015	French	PDF
Full model	31/12/2013	03/06/2014	04/08/2014	French	PDF
Full model	31/12/2012	25/06/2013	11/07/2013	French	PDF
Full model	31/12/2011	19/06/2012	26/07/2012	French	PDF
Full model	31/12/2010	31/05/2011	20/10/2011	French	PDF
Full model	31/12/2009	25/05/2010	24/06/2010	French	PDF
Full model	31/12/2008	26/05/2009	19/06/2009	French	PDF
Full model	31/12/2007	27/05/2008	19/06/2008	French	PDF
Full model	31/12/2006	29/05/2007	29/06/2007	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 54 ended

Active mandates

Jan VERMEYLEN

Director · since 19 décembre 2022 · until 06 juin 2028

Active

Sean FULLER

Director · since 19 décembre 2022 · until 06 juin 2028

Active

Ended mandates

Jean-Jacques MICHAT

Director · since 01 juillet 2022 · until 19 décembre 2022

Ended

Pierre KOCH

Director · since 10 mai 2022 · until 01 juillet 2022

Ended

Pierre KOCH

Director · since 10 mai 2022 · until 31 décembre 2023

Ended

Paul TANCELL

Director · since 05 août 2021 · until 19 décembre 2022

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates15/10/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates05/01/2023
DEMISSIONS, NOMINATIONS
PDF
Mandates02/01/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DENOMINATION - CAPITAL, ACTIONS
PDF
Mandates20/07/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates14/07/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates30/05/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates20/08/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates20/08/2021
DEMISSIONS, NOMINATIONS
PDF

Similar companies

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

See the Business plan

Timeline

26/08/2025
nominationBDO Réviseurs d'Entreprises SRL — réviseur
2024
Annual accounts 2024-2,8 M €↑
2023
Annual accounts 2023-5,3 M €↓
2022
Annual accounts 2022-916,4 k €↑
19/12/2022
nominationSean Fuller — administrateur
19/12/2022
nominationJan Vermeylen — administrateur
19/12/2022
autre
01/07/2022
nominationJean-Jacques Michat — délégué à la gestion journalière
30/06/2022
reconductionPwC Reviseurs d'Entreprises SRL — commissaire
30/06/2022
nominationChristelle Gilles — commissaire
10/05/2022
nominationPierre Koch — administrateur
2022
Name changeVITAL MATERIALS BELGIUM
2021
Annual accounts 2021-2,7 M €↑
2021
Name changeS.A. 5N PLUS BELGIUM
2020
Annual accounts 2020-5,5 M €↓
2019
Annual accounts 2019-1,7 M €↓
2018
Annual accounts 2018-729,3 k €↓
2017
Annual accounts 2017667,8 k €↑
2016
Annual accounts 2016-2,7 M €↑
2015
Annual accounts 2015-15,6 M €↓
2014
Annual accounts 2014-2,7 M €↑
2013
Annual accounts 2013-5,5 M €↓
2012
Annual accounts 2012-5,3 M €↓
2011
Annual accounts 20115,6 M €↓
2010
Annual accounts 20106,7 M €↑
2009
Annual accounts 20092,5 M €↓
2008
Annual accounts 200814,7 M €↑
2007
Annual accounts 20079,9 M €
16/11/1948
IncorporationPublic limited company

Vital Materials Belgium

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline