ACTIVE

VAMODIS

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Financial year 2025 · closed on 31/12/2025

Net result

414,2 k €

-8.8% YoY

Gross margin

2,3 M €

-2.5% YoY

Equity

2,2 M €

+3.0% YoY

Workforce

40,8 ETP

+0.5% YoY

What does VAMODIS do?

VAMODIS is a Public limited company incorporated in 1985. Its registered office is in Mons. It employs on average 40,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0427.966.374

Incorporation

09/10/1985

Legal form

Public limited company

Registered office

Rue de Nimy 117-121
7000 Mons · WallonieSee on map

Contributed capital

124 000,00 €

Latest accounts

31/12/2025

Average workforce

40,8 ETP

Joint committees (3)

119
11900
20201

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskPositive 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	2,3 M €	-2.5%	2,3 M €	-5.0%	2,5 M €	+19.0%	2,1 M €		–		–		2 M €	+6.1%	1,9 M €	-2.2%	2 M €	+23.5%	1,6 M €	-15.2%	1,9 M €	+4.4%	1,8 M €	+4.6%	1,7 M €	+17.5%	1,5 M €	-23.7%	1,9 M €	+5.8%	1,8 M €	+5.2%	1,7 M €	+13.1%	1,5 M €	-5.2%	1,6 M €	-7.8%	1,7 M €
EBITDA	886,7 k €	-8.8%	972,1 k €	-15.4%	1,1 M €	+62.9%	705 k €	-25.5%	946,1 k €	-7.0%	1 M €	+37.4%	740,2 k €	+18.2%	626,4 k €	-10.8%	702,5 k €	+291%	-368,2 k €	-172%	513,1 k €	+26.1%	406,8 k €	+14.8%	354,5 k €	+115%	164,7 k €	-75.8%	681,7 k €	+4.6%	651,6 k €	+23.1%	529,2 k €	+56.1%	339,1 k €	-27.5%	467,6 k €	-22.6%	604 k €
Operating result	564,2 k €	-16.6%	676,8 k €	-20.6%	852,7 k €	+101%	425,1 k €	-36.6%	670,4 k €	-6.4%	716,2 k €	+62.2%	441,6 k €	+23.1%	358,6 k €	-24.7%	476,4 k €	+179%	-605,4 k €	-288%	321,7 k €	+51.4%	212,6 k €	+45.1%	146,5 k €	+239%	-105,5 k €	-122%	480,5 k €	+3.2%	465,4 k €	+42.3%	327,1 k €	+122%	147,5 k €	-47.2%	279,5 k €	-36.3%	438,7 k €
Net result	414,2 k €	-8.8%	454,2 k €	-18.8%	559,5 k €	+104%	274,4 k €	-44.7%	496 k €	+2.7%	483,2 k €	+59.2%	303,5 k €	+1.4%	299,4 k €	-28.1%	416,6 k €	+167%	-626,2 k €	-406%	204,5 k €	+92.8%	106,1 k €	-1.1%	107,3 k €	+198%	-108,9 k €	-133%	329,4 k €	+8.0%	305 k €	+42.3%	214,3 k €	+113%	100,6 k €	-47.5%	191,6 k €	-33.6%	288,4 k €
Balance sheet
Equity	2,2 M €	+3.0%	2,1 M €	+14.1%	1,9 M €	+26.4%	1,5 M €	+11.7%	1,3 M €	+27.6%	1 M €	+35.7%	764,3 k €	+13.9%	670,8 k €	+17.4%	571,3 k €	+179%	204,7 k €	-75.4%	830,9 k €	+32.7%	626,4 k €	+20.4%	520,3 k €	-2.4%	533,1 k €	-30.0%	762 k €	+4.0%	732,5 k €	+0.7%	727,5 k €	-10.5%	813,2 k €	-5.7%	862,6 k €	+1.4%	851 k €
Total assets	4 M €	-4.3%	4,2 M €	+0.7%	4,2 M €	+5.8%	4 M €	-4.9%	4,2 M €	-6.1%	4,4 M €	-2.6%	4,6 M €	-0.7%	4,6 M €	+11.6%	4,1 M €	-11.4%	4,6 M €	+114%	2,2 M €	+4.7%	2,1 M €	-9.6%	2,3 M €	-10.0%	2,5 M €	-4.6%	2,7 M €	+0.7%	2,7 M €	+11.8%	2,4 M €	-0.0%	2,4 M €	+3.3%	2,3 M €	+4.5%	2,2 M €
Cash	445,6 k €	-32.9%	664 k €	-36.1%	1 M €	+108%	500,9 k €	-18.5%	614,5 k €	+5.0%	585,2 k €	+21.6%	481,1 k €	-32.3%	710,2 k €	-17.7%	863 k €	-25.6%	1,2 M €	+73.1%	669,6 k €	+45.7%	459,5 k €	-19.8%	572,8 k €	-3.0%	590,7 k €	-48.2%	1,1 M €	-5.2%	1,2 M €	+48.5%	810,3 k €	+0.7%	804,8 k €	+33.7%	601,8 k €	-2.5%	617,5 k €
Debts	1,8 M €	-11.7%	2,1 M €	-10.0%	2,3 M €	-6.3%	2,5 M €	-12.7%	2,8 M €	-15.0%	3,3 M €	-11.8%	3,8 M €	-3.2%	3,9 M €	+10.6%	3,5 M €	-20.2%	4,4 M €	+231%	1,3 M €	-7.3%	1,4 M €	-18.5%	1,8 M €	-12.0%	2 M €	+6.0%	1,9 M €	-0.2%	1,9 M €	+16.9%	1,6 M €	+5.5%	1,5 M €	+8.9%	1,4 M €	+6.4%	1,3 M €
Other
Workforce	40,8 ETP	+0.5%	40,6 ETP	+0.5%	40,4 ETP	-5.6%	42,8 ETP	-13.2%	49,3 ETP	+6.2%	46,4 ETP	+22.1%	38,0 ETP	-7.5%	41,1 ETP	+6.2%	38,7 ETP	-3.7%	40,2 ETP	-7.2%	43,3 ETP	-2.7%	44,5 ETP	-4.3%	46,5 ETP	-3.5%	48,2 ETP	+4.1%	46,3 ETP	-3.5%	48,0 ETP	+5.0%	45,7 ETP	+3.4%	44,2 ETP	-1.1%	44,7 ETP	-1.1%	45,2 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 25 ended

Active mandates

Julie Deneckere

Director · since 01 juillet 2017 · until 08 juin 2027

Active

Kathleen WATTIEZ

Managing director · since 25 juin 2015 · until 08 juin 2027

Active

Marc Vanlangendonck

Managing director · since 25 juin 2015 · until 08 juin 2027

Active

Ended mandates

Julie Deneckere

Director · since 08 juin 2021 · until 08 juin 2027

Ended

Kathleen Wattiez

Managing director · since 08 juin 2021 · until 08 juin 2027

Ended

Marc Vanlangendonck

Managing director · since 08 juin 2021 · until 08 juin 2027

Ended

Julie Deneckere

Director · since 01 juillet 2017 · until 30 juin 2021

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Full model	Full 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	08/05/2026	30/09/2025	18/07/2024	22/05/2023	21/07/2022	31/08/2021
General meeting	05/05/2026	29/09/2025	15/05/2024	17/05/2023	08/06/2022	08/06/2021
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

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	05/05/2026	08/05/2026	French	PDF
Abridged model	31/12/2024	29/09/2025	30/09/2025	French	PDF
Abridged model	31/12/2023	15/05/2024	18/07/2024	French	PDF
Abridged model	31/12/2022	17/05/2023	22/05/2023	French	PDF
Full model	31/12/2021	08/06/2022	21/07/2022	French	PDF
Full model	31/12/2020	08/06/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	15/05/2020	29/06/2020	French	PDF
Abridged model	31/12/2018	30/06/2019	21/08/2019	French	PDF
Abridged model	31/12/2017	30/06/2018	28/08/2018	French	PDF
Abridged model	31/12/2016	22/06/2017	28/06/2017	French	PDF
Abridged model	31/12/2015	31/03/2016	19/04/2016	French	PDF
Abridged model	31/12/2014	20/06/2015	14/07/2015	French	PDF
Abridged model	31/12/2013	20/05/2014	17/07/2014	French	PDF
Abridged model	31/12/2012	30/06/2013	02/09/2013	French	PDF
Abridged model	31/12/2011	30/06/2012	31/07/2012	French	PDF
Abridged model	31/12/2010	11/07/2011	31/08/2011	French	PDF
Abridged model	31/12/2009	30/08/2010	31/08/2010	French	PDF
Abridged model	31/12/2008	09/06/2009	23/07/2009	French	PDF
Abridged model	31/12/2007	10/06/2008	19/08/2008	French	PDF
Abridged model	31/12/2006	12/06/2007	21/08/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 · 3 active · 25 ended

Active mandates

Julie Deneckere

Director · since 01 juillet 2017 · until 08 juin 2027

Active

Kathleen WATTIEZ

Managing director · since 25 juin 2015 · until 08 juin 2027

Active

Marc Vanlangendonck

Managing director · since 25 juin 2015 · until 08 juin 2027

Active

Ended mandates

Julie Deneckere

Director · since 08 juin 2021 · until 08 juin 2027

Ended

Kathleen Wattiez

Managing director · since 08 juin 2021 · until 08 juin 2027

Ended

Marc Vanlangendonck

Managing director · since 08 juin 2021 · until 08 juin 2027

Ended

Julie Deneckere

Director · since 01 juillet 2017 · until 30 juin 2021

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other14/05/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other20/12/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates22/11/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates04/08/2017
DEMISSIONS, NOMINATIONS
PDF
Mandates12/04/2016
DEMISSIONS, NOMINATIONS
PDF
Mandates16/09/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates25/09/2013
DEMISSIONS, NOMINATIONS
PDF
Capital / shares07/03/2013
CAPITAL, ACTIONS
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 2025414,2 k €↓
2024
Annual accounts 2024454,2 k €↓
2023
Annual accounts 2023559,5 k €↑
2022
Annual accounts 2022274,4 k €↓
2021
Annual accounts 2021496 k €↑
2020
Annual accounts 2020483,2 k €↑
2019
Annual accounts 2019303,5 k €↑
2018
Annual accounts 2018299,4 k €↓
2017
Annual accounts 2017416,6 k €↑
2016
Annual accounts 2016-626,2 k €↓
2015
Annual accounts 2015204,5 k €↑
2014
Annual accounts 2014106,1 k €↓
2013
Annual accounts 2013107,3 k €↑
2012
Annual accounts 2012-108,9 k €↓
2011
Annual accounts 2011329,4 k €↑
2010
Annual accounts 2010305 k €↑
2009
Annual accounts 2009214,3 k €↑
2008
Annual accounts 2008100,6 k €↓
2007
Annual accounts 2007191,6 k €↓
2006
Annual accounts 2006288,4 k €
09/10/1985
IncorporationPublic 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

VAMODIS

Overview

What does VAMODIS 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