ACTIVE

V 33 BELGIUM

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Financial year 2025 · closed on 31/12/2025

Net result

290,2 k €

+61.3% YoY

Gross margin

1,4 M €

+12.7% YoY

Equity

657,7 k €

-8.5% YoY

Workforce

11,1 ETP

-5.9% YoY

What does V 33 BELGIUM do?

V 33 BELGIUM is a Private limited company incorporated in 1968. Its main activity is: Wholesale of china and glassware and cleaning materials. Its registered office is in Lubbeek. It employs on average 11,1 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0402.003.236

Incorporation

01/01/1968

Legal form

Private limited company

Registered office

Ambachtenstraat(LUB) 11B
3210 Lubbeek · FlandreSee on map

Contributed capital

483 392,37 €

Latest accounts

31/12/2025

Average workforce

11,1 ETP

Activities (NACE)

46442Wholesale of china and glassware and cleaning materials· main 46442Wholesale of china and glassware and cleaning materials 46733Wholesale of wood, construction materials and sanitary equipment 46833Wholesale trade, except of motor vehicles and motorcycles 51442Air transport

Joint committees (2)

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	1,4 M €	+12.7%	1,2 M €	-15.7%	1,4 M €	-2.4%	1,5 M €	-33.0%	2,2 M €	-7.3%	2,4 M €	+141%	976,4 k €	-12.4%	1,1 M €	-11.5%	1,3 M €	+61.7%	778,2 k €	+68.2%	462,8 k €	-43.1%	813,4 k €	+16.8%	696,2 k €	-18.0%	848,6 k €	-9.1%	933,5 k €	-4.2%	974,9 k €	+29.3%	753,8 k €	-22.1%	967,7 k €	+9.9%	880,5 k €	-12.0%	1 M €
EBITDA	504,5 k €	+70.5%	295,8 k €	-48.7%	576,1 k €	+20.7%	477,4 k €	-61.0%	1,2 M €	+2.0%	1,2 M €	+685%	152,8 k €	+192%	52,3 k €	-75.5%	213,1 k €	+186%	74,5 k €	+123%	-328,4 k €	-626%	62,5 k €	+160%	-103,7 k €	-235%	-30,9 k €	-129%	106,3 k €	-18.3%	130 k €	+205%	-123,5 k €	-180%	153,9 k €	+40.5%	109,5 k €	-54.3%	239,8 k €
Operating result	467,8 k €	+48.7%	314,7 k €	-42.3%	545,4 k €	-3.6%	565,4 k €	-51.8%	1,2 M €	-0.0%	1,2 M €	+757%	136,9 k €	+37.8%	99,4 k €	-30.5%	143 k €	+122%	64,5 k €	+119%	-338,3 k €	-715%	55 k €	+147%	-115,8 k €	-182%	-41,1 k €	-144%	93,1 k €	-16.4%	111,4 k €	+173%	-152,7 k €	-218%	129,2 k €	+68.7%	76,6 k €	-62.7%	205,4 k €
Net result	290,2 k €	+61.3%	179,9 k €	-49.0%	352,6 k €	-1.5%	358 k €	-55.7%	807,8 k €	+0.0%	807,7 k €	+1756%	43,5 k €	+86.6%	23,3 k €	-68.5%	74 k €	-82.1%	413,2 k €	+201%	-409,8 k €	-5504%	7,6 k €	+105%	-164,1 k €	-56.2%	-105,1 k €	-555%	23,1 k €	-59.8%	57,4 k €	+127%	-208,8 k €	-619%	40,2 k €	+134%	17,2 k €	-88.9%	155 k €
Balance sheet
Equity	657,7 k €	-8.5%	718,5 k €	+0.1%	718 k €	-47.2%	1,4 M €	+35.7%	1 M €	+0.8%	994,1 k €	+433%	186,4 k €	+30.5%	142,8 k €	+19.5%	119,5 k €	+163%	45,5 k €	+112%	-367,7 k €	-972%	42,1 k €	+21.9%	34,6 k €	-82.6%	198,7 k €	-34.6%	303,7 k €	+8.2%	280,6 k €	+25.7%	223,2 k €	-48.3%	432 k €	+10.3%	391,8 k €	+4.6%	374,6 k €
Total assets	2,2 M €	-10.9%	2,5 M €	-27.2%	3,4 M €	+12.5%	3 M €	-18.5%	3,7 M €	+11.4%	3,3 M €	+195%	1,1 M €	-25.3%	1,5 M €	+1.6%	1,5 M €	-7.0%	1,6 M €	-31.7%	2,4 M €	+17.1%	2 M €	+63.6%	1,2 M €	-30.9%	1,8 M €	+4.3%	1,7 M €	-5.6%	1,8 M €	+2.4%	1,8 M €	-12.4%	2 M €	-32.0%	3 M €	+14.4%	2,6 M €
Cash	894,7 k €	-35.4%	1,4 M €	-33.0%	2,1 M €	+20.8%	1,7 M €	-33.9%	2,6 M €	+76.2%	1,5 M €	+139%	614,1 k €	+120%	279,5 k €	+29.0%	216,6 k €	+59.3%	136 k €	-77.6%	607,1 k €	+343%	137 k €	-36.2%	214,6 k €	-22.2%	275,7 k €	-13.3%	317,9 k €	+146%	129,4 k €	-25.4%	173,5 k €	-6.1%	184,7 k €	+12.4%	164,4 k €	-70.8%	563,6 k €
Debts	1,5 M €	-14.5%	1,7 M €	-34.2%	2,6 M €	+58.6%	1,7 M €	-37.4%	2,6 M €	+14.8%	2,3 M €	+151%	917 k €	-30.6%	1,3 M €	-1.0%	1,3 M €	-14.7%	1,6 M €	-42.5%	2,7 M €	+38.3%	2 M €	+65.0%	1,2 M €	-24.4%	1,6 M €	+12.7%	1,4 M €	-6.9%	1,5 M €	-0.5%	1,5 M €	-2.6%	1,6 M €	-39.6%	2,6 M €	+16.1%	2,2 M €
Other
Workforce	11,1 ETP	-5.9%	11,8 ETP	-2.5%	12,1 ETP	-1.6%	12,3 ETP	-0.8%	12,4 ETP	+7.8%	11,5 ETP	-8.7%	12,6 ETP	+3.3%	12,2 ETP	+17.3%	10,4 ETP	-11.9%	11,8 ETP	-1.7%	12,0 ETP	+4.3%	11,5 ETP	-8.7%	12,6 ETP	-5.3%	13,3 ETP	+2.3%	13,0 ETP	0.0%	13,0 ETP	-4.4%	13,6 ETP	-4.2%	14,2 ETP	+2.2%	13,9 ETP	-4.8%	14,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Marie de Grivel

Director

Active

Ended mandates

Bertrand Leseute

Manager

Ended

CHRISTOPHE REYX

Manager

Ended

Jèrome Degrivel

Manager

Ended

J�rome de Grivel

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	12/08/2026	30/08/2025	13/08/2024	01/08/2023	30/09/2022	30/08/2021
General meeting	26/05/2026	27/05/2025	28/05/2024	30/05/2023	31/05/2022	25/05/2021
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

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/05/2026	12/08/2026	Dutch	PDF
Abridged model	31/12/2024	27/05/2025	30/08/2025	Dutch	PDF
Abridged model	31/12/2023	28/05/2024	13/08/2024	Dutch	PDF
Abridged model	31/12/2022	30/05/2023	01/08/2023	Dutch	PDF
Abridged model	31/12/2021	31/05/2022	30/09/2022	Dutch	PDF
Abridged model	31/12/2020	25/05/2021	30/08/2021	Dutch	PDF
Abridged model	31/12/2019	26/05/2020	28/08/2020	Dutch	PDF
Abridged model	31/12/2018	28/05/2019	30/09/2019	Dutch	PDF
Abridged model	31/12/2017	29/05/2018	19/07/2018	Dutch	PDF
Abridged model	31/12/2016	30/05/2017	11/08/2017	Dutch	PDF
Abridged model	31/12/2015	31/05/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	27/05/2014	27/08/2014	Dutch	PDF
Abridged model	31/12/2012	28/05/2013	29/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	31/05/2011	01/06/2011	Dutch	PDF
Abridged model	31/12/2009	25/05/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	26/05/2009	19/08/2009	Dutch	PDF
Abridged model	31/12/2007	27/05/2008	22/08/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	21/08/2007	Dutch	PDF

Estimate

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 5 ended

Active mandates

Marie de Grivel

Director

Active

Ended mandates

Bertrand Leseute

Manager

Ended

CHRISTOPHE REYX

Manager

Ended

Jèrome Degrivel

Manager

Ended

J�rome de Grivel

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/01/2024
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates08/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/08/2013
ONTSLAGEN - BENOEMINGEN
PDF
Registered office16/04/2009
MAATSCHAPPELIJKE ZETEL
PDF
Registered office01/10/2003
SIEGE SOCIAL
PDF
Mandates13/11/2002
DEMISSIONS, NOMINATIONS
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

2025
Annual accounts 2025290,2 k €↑
2024
Annual accounts 2024179,9 k €↓
2023
Annual accounts 2023352,6 k €↓
2022
Annual accounts 2022358 k €↓
2021
Annual accounts 2021807,8 k €↑
2020
Annual accounts 2020807,7 k €↑
2019
Annual accounts 201943,5 k €↑
2018
Annual accounts 201823,3 k €↓
2017
Annual accounts 201774 k €↓
2016
Annual accounts 2016413,2 k €↑
2015
Annual accounts 2015-409,8 k €↓
2014
Annual accounts 20147,6 k €↑
2013
Annual accounts 2013-164,1 k €↓
2012
Annual accounts 2012-105,1 k €↓
2011
Annual accounts 201123,1 k €↓
2010
Annual accounts 201057,4 k €↑
2009
Annual accounts 2009-208,8 k €↓
2008
Annual accounts 200840,2 k €↑
2007
Annual accounts 200717,2 k €↓
2006
Annual accounts 2006155 k €
01/01/1968
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

V 33 BELGIUM

Overview

What does V 33 BELGIUM do?

Trend over 20 financial years

Indicative valuation

Board of directors

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