ACTIVE

Vlevico

Financial year 2025 · closed on 31/03/2025
Net result
3,4 M €
+19.2% YoY
Revenue
507,2 M €
-1.3% YoY
Equity
25,2 M €
+15.8% YoY
Workforce
835,5 ETP
+7.1% YoY

What does Vlevico do?

Vlevico is a Public limited company incorporated in 1982. Its registered office is in Halle. It employs on average 835,5 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0422.846.259
Incorporation
14/05/1982
Legal form
Public limited company
Registered office
Edingensesteenweg 196
1500 Halle · FlandreSee on map
Contributed capital
1 986 719,52 €
Latest accounts
31/03/2025
Average workforce
835,5 ETP
Joint committees (3)
  • 119
  • 200
  • 218
Signals
ProfitableGood liquidityPositive cashflowPositive EBITDAHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202520242023202220212020201920182017201520142013201220102009
Income statement
Revenue507,2 M €514 M €481,9 M €428,2 M €358,4 M €336 M €310,1 M €314,1 M €300,4 M €306,5 M €303,5 M €297,1 M €276 M €241,2 M €219,9 M €
EBITDA5,3 M €4,4 M €5,8 M €9,9 M €6,9 M €11 M €10,6 M €10 M €-4,1 M €10 M €10,7 M €16,7 M €16,6 M €23,5 M €17,7 M €
Operating result4,3 M €3,5 M €4,4 M €4,4 M €2,3 M €4,7 M €3,8 M €2,9 M €-9,1 M €6,7 M €6,6 M €11,9 M €11,2 M €16 M €9 M €
Net result3,4 M €2,9 M €3,2 M €3,1 M €1,6 M €3,8 M €3,4 M €2,7 M €-9,2 M €5,3 M €5,2 M €9 M €8,4 M €11,5 M €6,9 M €
Balance sheet
Equity25,2 M €21,7 M €24,9 M €24,6 M €21,5 M €20 M €16,1 M €12,7 M €10,1 M €93,4 M €88,1 M €82,9 M €73,9 M €67,5 M €56 M €
Total assets104,7 M €97,1 M €106,7 M €99,1 M €97,9 M €79,2 M €70,4 M €81,4 M €71,4 M €132,3 M €125,2 M €118,6 M €113,9 M €102,8 M €82,6 M €
Cash21 M €16,4 M €20,4 M €8,9 M €10,5 k €590 €621,8 €1,1 k €1,1 k €10,9 M €10,8 M €10,6 M €17,8 M €7 M €27,7 M €
Debts79,3 M €75,3 M €81 M €73,2 M €76,1 M €58,9 M €54 M €68,3 M €60,9 M €38,4 M €36,8 M €35,5 M €39,8 M €35 M €26,3 M €
Other
Workforce835,5 ETP780,2 ETP762,7 ETP774,1 ETP806,7 ETP819,6 ETP831,5 ETP844,4 ETP828,1 ETP786,0 ETP773,1 ETP754,7 ETP739,0 ETP661,6 ETP611,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 5 active · 11 ended

Active mandates

Jef Colruyt

Director

Active
Jo Willemyns

Director

Active
Kris Castelein

Director

Active
Stefaan Vandamme

Director

Active
Stefan Goethaert

Director

Active

Ended mandates

Stefaan Vandamme

Director · since 01 février 2019

Ended
Franciscus Colruyt

Director · since 08 septembre 2011 · until 14 septembre 2017

Ended
Jean de Leu de Cécil

Director · since 08 septembre 2011 · until 14 septembre 2017

Ended
Jef Colruyt

Director · since 08 septembre 2011 · until 14 septembre 2017

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date01/10/202502/10/202402/10/202326/09/202223/09/202128/09/2020
General meeting29/09/202530/09/202414/09/202308/09/202209/09/202110/09/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202529/09/202501/10/2025DutchPDF
Full model31/03/202430/09/202402/10/2024DutchPDF
Full model31/03/202314/09/202302/10/2023DutchPDF
Full model31/03/202208/09/202226/09/2022DutchPDF
Full model31/03/202109/09/202123/09/2021DutchPDF
Full model31/03/202010/09/202028/09/2020DutchPDF
Full model31/03/201912/09/201927/09/2019DutchPDF
Full model31/03/201813/09/201824/09/2018DutchPDF
Full model31/03/201714/09/201719/09/2017DutchPDF
Full model31/03/201608/09/201627/09/2016DutchPDF
Full model31/03/201510/09/201522/09/2015DutchPDF
Full model31/03/201411/09/201422/09/2014DutchPDF
Full model31/03/201312/09/201304/10/2013DutchPDF
Full model31/03/201213/09/201221/09/2012DutchPDF
Full model31/03/201108/09/201126/09/2011DutchPDF
Full model31/03/201009/09/201015/09/2010DutchPDF
Full model31/03/200910/09/200916/09/2009DutchPDF
Full model31/03/200811/09/200819/09/2008DutchPDF
Full model31/03/200713/09/200704/10/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 31/03/2025 · 5 active · 11 ended

Active mandates

Jef Colruyt

Director

Active
Jo Willemyns

Director

Active
Kris Castelein

Director

Active
Stefaan Vandamme

Director

Active
Stefan Goethaert

Director

Active

Ended mandates

Stefaan Vandamme

Director · since 01 février 2019

Ended
Franciscus Colruyt

Director · since 08 septembre 2011 · until 14 septembre 2017

Ended
Jean de Leu de Cécil

Director · since 08 septembre 2011 · until 14 septembre 2017

Ended
Jef Colruyt

Director · since 08 septembre 2011 · until 14 septembre 2017

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Restructuring25/08/2026
    Neerlegging en bekendmaking partieel splitsingsvoorstel
    PDF
  • Mandates14/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/05/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other17/01/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING
    PDF
  • Mandates29/07/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other09/12/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - DOEL
    PDF
  • Mandates25/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates28/02/2019
    ONTSLAGEN - BENOEMINGEN
    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. 23/09/2025
    reconductionErnst & Young Bedrijfsrevisoren — commissaris
  2. 2025
    Annual accounts 20253,4 M €
  3. 2024
    Annual accounts 20242,9 M €
  4. 14/09/2023
    reconductionJef Colruyt — bestuurder
  5. 14/09/2023
    reconductionStefaan Vandamme — bestuurder
  6. 14/09/2023
    reconductionKris Castelein — bestuurder
  7. 2023
    Annual accounts 20233,2 M €
  8. 01/04/2022
    nominationJo WILLEMYNS — bestuurder
  9. 01/04/2022
    nominationStefan GOETHAERT — bestuurder
  10. 2022
    Annual accounts 20223,1 M €
  11. 01/01/2022
    reconductionErnst & Young Bedrijfsrevisoren — commissaris
  12. 2021
    Annual accounts 20211,6 M €
  13. 2020
    Annual accounts 20203,8 M €
  14. 2019
    Annual accounts 20193,4 M €
  15. 2018
    Annual accounts 20182,7 M €
  16. 2017
    Annual accounts 2017-9,2 M €
  17. 2015
    Annual accounts 20155,3 M €
  18. 2014
    Annual accounts 20145,2 M €
  19. 2013
    Annual accounts 20139 M €
  20. 2012
    Annual accounts 20128,4 M €
  21. 2010
    Annual accounts 201011,5 M €
  22. 2009
    Annual accounts 20096,9 M €
  23. 14/05/1982
    IncorporationPublic limited company