ACTIVE

VERMETAL

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Financial year 2025 · Closed on 31/12/2025

Net result166 k €-59,1 %over 1 year
Gross margin1,3 M €-19,4 %over 1 year
Equity4,4 M €+3,9 %over 1 year
Workforce17,9 ETP+9,1 %over 1 year

Identity

Source · BCE/KBO

VERMETAL is a Private company with limited liability incorporated in 1977. Its main activity is: Sewerage. Its registered office is in Schelle. It employs on average 17,9 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0416.835.625
Incorporation
01/01/1977
Legal form
Private company with limited liability
Registered office
Brandekensweg 54
2627 Schelle · FlandreSee on map
Contributed capital
249 789,35 €
Latest accounts
31/12/2025
Average workforce
17,9 ETP
Joint committees (2)
  • 14201
  • 218
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 15 financial years

20252024202320222021
Income statement
Gross margin1,3 M €1,6 M €1,5 M €2,1 M €1,7 M €
EBITDA298,7 k €644,4 k €504,5 k €1,3 M €714,1 k €
Operating result164,4 k €515,6 k €381,1 k €1,2 M €713,5 k €
Net result166 k €405,7 k €296,3 k €894 k €430 k €
Balance sheet
Equity4,4 M €4,2 M €3,8 M €3,5 M €2,6 M €
Total assets6,2 M €5,5 M €5,4 M €5,3 M €4,9 M €
Cash1,9 M €1,7 M €1,7 M €1,7 M €1,7 M €
Debts1,8 M €1,3 M €1,6 M €1,8 M €2,2 M €
Other
Workforce17,9 ETP16,4 ETP16,4 ETP15,4 ETP17,2 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 31/12/2025

1 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
1M_20703.985.913Represented by Luc MOORTGAT
Directorsince 01/09/2018Manager01/09/2018 → 2018 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
1M_2 BVRepresented by Luc Moortgat
Bestuurder01/09/2018 → 2021 accounts
1M0505.938.043Represented by Luc Moortgat
Manager04/12/2014 → 01/09/2018

Other companies at this address

Brandekensweg 54 2627 Schelle
CompanyCBE no.
4MN● Active
0808.044.345
MCR● Active
0463.135.309

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged 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 date30/07/202631/07/202529/08/202421/08/202320/07/202215/07/2021
General meeting30/06/202630/06/202530/06/202430/06/202324/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202530/06/202630/07/2026DutchPDF
Abridged model31/12/202430/06/202531/07/2025DutchPDF
Abridged model31/12/202330/06/202429/08/2024DutchPDF
Abridged model31/12/202230/06/202321/08/2023DutchPDF
Abridged model31/12/202124/06/202220/07/2022DutchPDF
Abridged model31/12/202025/06/202115/07/2021DutchPDF
Abridged model31/12/201926/06/202024/07/2020DutchPDF
Abridged model31/12/201828/06/201924/07/2019DutchPDF
Abridged model31/12/201722/06/201827/06/2018DutchPDF
Abridged model31/12/201630/06/201728/07/2017DutchPDF
Abridged model31/12/201524/06/201629/08/2016DutchPDF
Abridged model31/12/201427/06/201508/07/2015DutchPDF
Abridged model31/12/201327/06/201411/07/2014DutchPDF
Abridged model31/12/201228/06/201301/08/2013DutchPDF
Abridged model31/12/201122/06/201231/07/2012DutchPDF
Abridged model31/12/201013/05/201111/07/2011DutchPDF
Abridged model31/12/200930/06/201030/07/2010DutchPDF
Abridged model31/12/200830/09/200929/10/2009DutchPDF
Abridged model31/12/200729/06/200807/02/2009DutchPDF
Abridged model31/12/200629/06/200729/11/2007DutchPDF

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 31/12/2025

1 active · 4 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
1M_20703.985.913Represented by Luc MOORTGAT
Directorsince 01/09/2018Manager01/09/2018 → 2018 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
1M_2 BVRepresented by Luc Moortgat
Bestuurder01/09/2018 → 2021 accounts
1M0505.938.043Represented by Luc Moortgat
Manager04/12/2014 → 01/09/2018

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates02/10/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/04/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares10/04/2014
    KAPITAAL - AANDELEN
    PDF
  • Other14/12/2011
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates01/06/2011
    ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Registered office20/04/2007
    wijziging maatschappelijke zetel
    PDF
  • Mandates12/01/2005
    ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings15 filings
Mandates
1M_2
1M_2 BV
1M
Luc Moortgat
Hugo Moortgat
19771978197919801981198219831984198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
VERMETAL
Brandekensweg 54, 2627 Schelle
Director
Bestuurder
Manager
Manager
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Brandekensweg 54, 2627 SchelleCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00358847

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
VERMETALCurrent
accounts 2021 → 2025
Accounts 2025 · 2026-00358847

Events

  1. 2025
    Annual accounts 2025166 k €↓
  2. 2024
    Annual accounts 2024405,7 k €↑
  3. 2023
    Annual accounts 2023296,3 k €↓
  4. 2022
    Annual accounts 2022894 k €↑
  5. 2021
    Annual accounts 2021430 k €↑
  6. 2015
    Annual accounts 2015-257,6 k €↓
  7. 2014
    Annual accounts 2014207,8 k €↓
  8. 2013
    Annual accounts 2013267,8 k €↓
  9. 2012
    Annual accounts 2012344,7 k €↑
  10. 2011
    Annual accounts 2011305,8 k €↑
  11. 2010
    Annual accounts 201074,5 k €↑
  12. 2009
    Annual accounts 200938,6 k €↓
  13. 2008
    Annual accounts 200867 k €↑
  14. 2007
    Annual accounts 200757,8 k €↓
  15. 2006
    Annual accounts 200664,9 k €
  16. 01/01/1977
    IncorporationPrivate company with limited liability