ACTIVE

Vastin

Financial year 2025 · closed on 31/12/2025
Net result
90,9 k €
+57.3% YoY
Gross margin
246,3 k €
+12.9% YoY
Equity
2,8 M €
+3.4% YoY

What does Vastin do?

Vastin is a Public limited company incorporated in 1982. Its registered office is in Boortmeerbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0423.259.302
Incorporation
25/11/1982
Legal form
Public limited company
Registered office
Industrieweg 17
3190 Boortmeerbeek · FlandreSee on map
Contributed capital
894 249,42 €
Latest accounts
31/12/2025
Joint committees (3)
  • 124
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202018201720162015201420132012201120102009200820072006
Income statement
Gross margin246,3 k €218,1 k €262,3 k €133 k €246 k €229,6 k €203,4 k €330,8 k €321,3 k €437 k €429 k €410,7 k €451,2 k €597,6 k €562,9 k €581,2 k €602,2 k €365,7 k €768,1 k €
EBITDA222,9 k €198 k €246,3 k €119,8 k €233 k €216,2 k €181,9 k €135,4 k €150,4 k €68,3 k €64,2 k €107,6 k €150,1 k €197,9 k €161 k €226,9 k €232,1 k €67,7 k €418,2 k €
Operating result128 k €103,2 k €153,6 k €24,6 k €149,7 k €136,7 k €121,6 k €79,7 k €-2,9 k €22 k €20,7 k €46,7 k €78,4 k €132,7 k €72,9 k €149,3 k €150,3 k €-42,2 k €180,8 k €
Net result90,9 k €57,8 k €112,7 k €10,4 k €105,8 k €105,3 k €232,1 k €61,8 k €-11,4 k €15,3 k €8,4 k €29,4 k €283,7 k €59,4 k €41,7 k €68,7 k €85,2 k €-46,1 k €67,7 k €
Balance sheet
Equity2,8 M €2,7 M €3,1 M €2,9 M €2,9 M €2,8 M €1,3 M €1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €1 M €749,9 k €690,5 k €648,8 k €580,2 k €494,9 k €541 k €
Total assets3,3 M €3,3 M €3,7 M €3,6 M €3,7 M €3,6 M €2 M €1,8 M €2 M €1,5 M €1,5 M €1,6 M €1,7 M €1,9 M €1,5 M €1,5 M €1,6 M €1,7 M €1,8 M €
Cash1,5 M €1,4 M €1,7 M €1,5 M €1,9 M €414,1 k €455 k €48,8 k €21,6 k €2,3 k €243,7 k €102,4 k €45,4 k €36,6 k €70,4 k €157,4 k €6,2 k €23,2 k €
Debts239,9 k €338 k €366,7 k €340,1 k €425,1 k €417,8 k €486,9 k €575,7 k €796,2 k €183,3 k €201,8 k €273,9 k €340,8 k €952,1 k €677,5 k €832,9 k €1 M €1,2 M €1,3 M €
Other
Workforce4,0 ETP6,0 ETP9,0 ETP8,0 ETP7,8 ETP7,7 ETP8,4 ETP7,6 ETP7,8 ETP8,2 ETP6,5 ETP4,4 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 · 19 ended

Active mandates

Luc Rademaekers

Director · since 25 juin 2026 · until 29 mai 2032

Active

Ended mandates

Luc Rademaekers

Director · since 27 mai 2020 · until 30 mai 2026

Ended
CHRISTEL VANDERIET

Director · since 13 mars 2018 · until 09 décembre 2020

Ended
Dambergen

Managing director · since 09 décembre 2014 · until 12 septembre 2020 · 0451.634.671

Represented by Luc Rademaekers

Ended
Dambergen

Managing director · since 09 décembre 2014 · until 09 décembre 2020 · 0451.634.671

Represented by Luc Rademaekers

Ended
At this address

Other companies at this address

CompanyCBE no.
Ramast BouwActive
0461.471.461
Annual accounts

Full financial information

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 date29/06/202603/07/202526/06/202430/05/202327/06/202208/06/2021
General meeting25/06/202630/06/202515/06/202427/05/202328/05/202229/05/2021
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

21 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202629/06/2026DutchPDF
Abridged model31/12/202430/06/202503/07/2025DutchPDF
Abridged model31/12/202315/06/202426/06/2024DutchPDF
Abridged model31/12/202227/05/202330/05/2023DutchPDF
Abridged model31/12/202128/05/202227/06/2022DutchPDF
Abridged model31/12/202029/05/202108/06/2021DutchPDF
Abridged model31/12/201930/05/202030/06/2020DutchPDF
Abridged model31/12/201825/05/201921/06/2019DutchPDF
Abridged model30/09/201730/03/201827/04/2018DutchPDF
Abridged model30/09/201617/03/201721/03/2017DutchPDF
Abridged model30/09/201518/03/201624/03/2016DutchPDF
Abridged model30/09/201420/03/201531/03/2015DutchPDF
Abridged model30/09/201321/03/201428/03/2014DutchPDF
Abridged modelCorrection30/09/201215/03/201314/02/2014DutchPDF
Abridged model30/09/201215/03/201328/03/2013DutchPDF
Abridged model30/09/201116/03/201222/03/2012DutchPDF
Abridged model30/09/201018/03/201125/03/2011DutchPDF
Abridged model30/09/200919/03/201024/03/2010DutchPDF
Abridged model30/09/200820/03/200924/04/2009DutchPDF
Abridged model30/09/200721/03/200804/04/2008DutchPDF
Abridged model30/09/200616/03/200717/04/2007DutchPDF
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 · 19 ended

Active mandates

Luc Rademaekers

Director · since 25 juin 2026 · until 29 mai 2032

Active

Ended mandates

Luc Rademaekers

Director · since 27 mai 2020 · until 30 mai 2026

Ended
CHRISTEL VANDERIET

Director · since 13 mars 2018 · until 09 décembre 2020

Ended
Dambergen

Managing director · since 09 décembre 2014 · until 12 septembre 2020 · 0451.634.671

Represented by Luc Rademaekers

Ended
Dambergen

Managing director · since 09 décembre 2014 · until 09 décembre 2020 · 0451.634.671

Represented by Luc Rademaekers

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other05/12/2022
    DOEL
    PDF
  • Mandates09/06/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/11/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Restructuring08/08/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Restructuring27/05/2019
    RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
    PDF
  • Registered office23/03/2018
    BENAMING - MAATSCHAPPELIJKE ZETEL - BOEKJAAR
    PDF
  • Mandates28/04/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2015
    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. 2025
    Annual accounts 202590,9 k €
  2. 2024
    Annual accounts 202457,8 k €
  3. 2023
    Annual accounts 2023112,7 k €
  4. 2022
    Annual accounts 202210,4 k €
  5. 2021
    Annual accounts 2021105,8 k €
  6. 2020
    Annual accounts 2020105,3 k €
  7. 2018
    Annual accounts 2018232,1 k €
  8. 2017
    Annual accounts 201761,8 k €
  9. 2017
    Name changeVASTIN
  10. 2016
    Annual accounts 2016-11,4 k €
  11. 2015
    Annual accounts 201515,3 k €
  12. 2014
    Annual accounts 20148,4 k €
  13. 2013
    Annual accounts 201329,4 k €
  14. 2012
    Annual accounts 2012283,7 k €
  15. 2011
    Annual accounts 201159,4 k €
  16. 2010
    Annual accounts 201041,7 k €
  17. 2009
    Annual accounts 200968,7 k €
  18. 2008
    Annual accounts 200885,2 k €
  19. 2007
    Annual accounts 2007-46,1 k €
  20. 2006
    Annual accounts 200667,7 k €
  21. 2006
    Name changeRamast
  22. 25/11/1982
    IncorporationPublic limited company