ACTIVE

VM INVEST

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Financial year 2025 · Closed on 31/12/2025

Net result29,8 M €+253,7 %over 1 year

Revenue2,7 M €+8,7 %over 1 year

Equity508,6 M €+6,2 %over 1 year

Workforce10,7 ETP-0,9 %over 1 year

Identity

Source · BCE/KBO

VM INVEST is a Public limited company incorporated in 1978. Its registered office is in Zele. It employs on average 10,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0418.701.587
Incorporation: 27/09/1978
Legal form: Public limited company
Registered office: Spinnerijstraat 12
9240 Zele · FlandreSee on map
Contributed capital: 260 057 295,00 €
Latest accounts: 31/12/2025
Average workforce: 10,7 ETP

Joint committees (3)

Signals

ProfitableSolid equityPositive cashflowHealthy social debtsHigh revenue

Financials

Source · NBB, 28 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	2,7 M €	+8.7%	2,4 M €	+29.3%	1,9 M €	+4.8%	1,8 M €	-11.8%	2,1 M €
EBITDA	-1,6 M €	+43.9%	-2,8 M €	-1.6%	-2,7 M €	-6.2%	-2,6 M €	-209%	-830,7 k €
Operating result	-5,9 M €	+13.2%	-6,8 M €	+1.6%	-6,9 M €	-9.6%	-6,3 M €	-39.2%	-4,5 M €
Net result	29,8 M €	+254%	8,4 M €	+34.7%	6,3 M €	-69.7%	20,7 M €	+119%	9,4 M €
Balance sheet
Equity	508,6 M €	+6.2%	478,8 M €	+1.8%	470,4 M €	+1.3%	464,1 M €	+4.7%	443,4 M €
Total assets	715,5 M €	+1.7%	703,5 M €	-4.4%	735,7 M €	-1.6%	747,7 M €	+12.2%	666,4 M €
Cash	16,9 k €	-11.2%	19 k €	-97.3%	692,9 k €	+3643%	18,5 k €	-40.8%	31,3 k €
Debts	201,5 M €	-8.3%	219,8 M €	-15.7%	260,8 M €	-6.7%	279,5 M €	+27.5%	219,2 M €
Other
Workforce	10,7 ETP	-0.9%	10,8 ETP	+13.7%	9,5 ETP	-2.1%	9,7 ETP	+6.6%	9,1 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 500 M€ and 1.000 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 19 ended

Active mandates

Bartje Van Malderen

Managing director · until 30 juin 2031

Active

Jules Van Malderen

Director · until 30 juin 2031

Active

Justine Van Malderen

Director · until 30 juin 2031

Active

Ended mandates

Justine Van Malderen

Director · since 01 juillet 2014 · until 12 septembre 2017

Ended

Jules Van Malderen

Director · since 30 septembre 2011 · until 12 septembre 2017

Ended

Bartje Van Malderen

Managing director · since 13 septembre 2005 · until 13 septembre 2011

Ended

Celina Jeannine Van den Bossche

Director · since 13 septembre 2005 · until 13 septembre 2011

Ended

Other companies at this address

Spinnerijstraat 12 9240 Zele

Company	CBE no.
Agtree● Active	0720.535.497
Alvan● Active	0719.921.429
ALYANA● Active	1025.491.324
BDCI● Active	0695.406.361
Creon● Active	0723.423.921
Drylock Technologies● Active	0479.766.057
Fontis● Active	0719.921.726
JVM productions● Active	1004.524.872
Keraton● Active	0722.647.030
LVM & family● Active	0471.503.637
Private stichting Louise Marguerite● Active	0808.210.334
’t Groenhof● Active	1004.456.873
TRUNCUS GROUP● Active	0777.789.847
TRUNCUS I● Active	0778.856.748
TRUNCUS I PARTNERSHIP● Active	1019.156.927
TRUNCUS I PRIVAK● Active	0778.835.467
TRUNCUS PARTNERS● Active	0776.864.288
Truncus Private Debt I● Active	1002.990.589
Truncus Wealth● Active	0887.455.176
VM INVEST Group● Active	1011.710.493

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Consolidated accounts
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	13/07/2026	15/07/2025	27/08/2024	31/07/2023	29/07/2022	01/10/2021
General meeting	07/07/2026	30/06/2025	23/08/2024	30/06/2023	30/06/2022	30/06/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 28 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	07/07/2026	13/07/2026	Dutch	PDF
Full model	31/12/2024	30/06/2025	15/07/2025	Dutch	PDF
Consolidated accounts	31/12/2024	09/01/2026	15/01/2026	Dutch	PDF
Full model	31/12/2023	23/08/2024	27/08/2024	Dutch	PDF
Consolidated accounts	31/12/2023	19/12/2025	23/12/2025	Dutch	PDF
Full model	31/12/2022	30/06/2023	31/07/2023	Dutch	PDF
Consolidated accounts	31/12/2022	15/12/2023	22/12/2023	Dutch	PDF
Full model	31/12/2021	30/06/2022	29/07/2022	Dutch	PDF
Consolidated accounts	31/12/2021	28/10/2022	04/01/2023	Dutch	PDF
Full model	31/12/2020	30/06/2021	30/07/2021	Dutch	PDF
Consolidated accounts	31/12/2020	30/06/2021	01/10/2021	Dutch	PDF
Full model	31/12/2019	30/06/2020	29/07/2020	Dutch	PDF
Full model	31/12/2018	30/06/2019	30/07/2019	Dutch	PDF
Full model	31/12/2017	30/06/2018	27/07/2018	Dutch	PDF
Consolidated accounts	31/12/2017	30/06/2018	04/09/2018	Dutch	PDF
Full model	31/12/2016	30/06/2017	28/07/2017	Dutch	PDF
Consolidated accounts	31/12/2016	27/10/2017	21/11/2017	Dutch	PDF
Full model	31/12/2015	30/06/2016	29/07/2016	Dutch	PDF
Consolidated accounts	31/12/2015	30/11/2016	04/01/2017	Dutch	PDF
Full model	31/03/2015	08/09/2015	02/10/2015	Dutch	PDF
Full model	31/03/2014	30/09/2014	29/10/2014	Dutch	PDF
Full model	31/03/2013	30/09/2013	29/10/2013	Dutch	PDF
Full model	31/03/2012	08/11/2012	30/11/2012	Dutch	PDF
Full model	31/03/2011	30/09/2011	10/11/2011	Dutch	PDF

View all 28 filings

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 M€ and 1.000 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

3 active · 19 ended

Active mandates

Bartje Van Malderen

Managing director · until 30 juin 2031

Active

Jules Van Malderen

Director · until 30 juin 2031

Active

Justine Van Malderen

Director · until 30 juin 2031

Active

Ended mandates

Justine Van Malderen

Director · since 01 juillet 2014 · until 12 septembre 2017

Ended

Jules Van Malderen

Director · since 30 septembre 2011 · until 12 septembre 2017

Ended

Bartje Van Malderen

Managing director · since 13 septembre 2005 · until 13 septembre 2011

Ended

Celina Jeannine Van den Bossche

Director · since 13 septembre 2005 · until 13 septembre 2011

Ended

Ownership and network

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Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates17/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/03/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring17/01/2020
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring27/11/2019
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Capital / shares27/06/2018
KAPITAAL - AANDELEN
PDF
Mandates20/12/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/10/2017
ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

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

See the Business plan

Timeline

2025
Annual accounts 202529,8 M €↑
30/06/2025
reconductionBartje Van Malderen — bestuurder
30/06/2025
reconductionJules Van Malderen — bestuurder
30/06/2025
reconductionJustine Van Malderen — bestuurder
2024
Annual accounts 20248,4 M €↑
19/01/2024
nominationJurgen Lelie — commissaris
2023
Annual accounts 20236,3 M €↓
2022
Annual accounts 202220,7 M €↑
2021
Annual accounts 20219,4 M €↑
2018
Annual accounts 20187,4 M €↓
2017
Annual accounts 201766,8 M €↑
2016
Annual accounts 20161,5 M €↓
2015
Annual accounts 20153,7 M €↓
2015
Annual accounts 201558 M €↑
2014
Annual accounts 2014-815,6 k €↓
2013
Annual accounts 2013501,2 k €↑
2012
Annual accounts 2012-3,9 M €↓
2011
Annual accounts 20111,2 M €↑
2010
Annual accounts 2010-711,2 k €↑
2009
Annual accounts 2009-2,6 M €↓
2008
Annual accounts 200831,8 M €↑
2007
Annual accounts 2007-5,2 M €
27/09/1978
IncorporationPublic limited company

VM INVEST

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