VMA SUD
0427.983.202 · rovalta.com · 24/09/2026
ACTIVE
VMA SUD
Financial year 2025 · Closed on 31/12/2025
Net result
4,3 M €
+2 207,9 %over 1 yearRevenue
90,3 M €
+19,8 %over 1 yearEquity
11,1 M €
+53,0 %over 1 yearWorkforce
330,4 ETP
-4,3 %over 1 yearOverview
Identity
Source · BCE/KBOVMA SUD is a Public limited company incorporated in 1985. Its registered office is in Charleroi. It employs on average 330,4 ETP workers (FTE).
- Legal situation
- Normal situation
- BCE/KBO no. / VAT
- BE 0427.983.202
- Incorporation
- 31/01/1985
- Legal form
- Public limited company
- Registered office
- Rue d'Edimbourg 19
6040 Charleroi · Wallonie - Contributed capital
- 7 781 798,00 €
- Latest accounts
- 31/12/2025
- Average workforce
- 330,4 ETP
Joint committees (2)
- 124
- 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue
Financials
Source · NBB, 21 filingsTrend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | |||||
|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||
| Revenue | 90,3 M € | +19.8% | 75,3 M € | -36.7% | 119,1 M € | +54.5% | 77,1 M € | +25.7% | 61,4 M € |
| EBITDA | 7,1 M € | +964% | 672 k € | +131% | -2,2 M € | -156% | 3,9 M € | +24.1% | 3,1 M € |
| Operating result | 5 M € | +1107% | 416,2 k € | +109% | -4,4 M € | -241% | 3,1 M € | +26.2% | 2,5 M € |
| Net result | 4,3 M € | +2208% | -206,1 k € | +96.0% | -5,2 M € | -355% | 2 M € | +0.4% | 2 M € |
| Balance sheet | |||||||||
| Equity | 11,1 M € | +53.0% | 7,2 M € | -3.6% | 7,5 M € | -17.6% | 9,1 M € | +28.6% | 7,1 M € |
| Total assets | 54,9 M € | +22.5% | 44,8 M € | +0.5% | 44,6 M € | +26.8% | 35,2 M € | +24.3% | 28,3 M € |
| Cash | 147,4 k € | -91.6% | 1,8 M € | -25.1% | 2,3 M € | +62579% | 3,7 k € | -5.7% | 4 k € |
| Debts | 42,5 M € | +14.7% | 37 M € | +4.6% | 35,4 M € | +37.9% | 25,7 M € | +22.7% | 20,9 M € |
| Other | |||||||||
| Workforce | 330,4 ETP | -4.3% | 345,2 ETP | -16.8% | 414,9 ETP | +50.4% | 275,8 ETP | +0.5% | 274,4 ETP |
Valuation
Indicative valuation
As an indication, this company is worth
between 25 M€ and 50 M€
See the valuationBoard of directors
Source · NBB, accounts to 31/12/2025Other companies at this address
Rue d'Edimbourg 19 6040 Charleroi| Company | CBE no. |
|---|---|
SM EpiCURA ATH● Active | 0717.605.505 |
| 0761.717.244 | |
SMM DRUART EEG - CHU TIVOLI● Active | 0782.751.002 |
SMM DRUART-EEG-GHDC● Active | 0780.672.925 |
SMM VMA - CLOSE● Active | 0786.518.263 |
| 0769.486.647 | |
| 1022.276.961 | |
SSM VMA-COLLIGNON● Active | 1042.349.726 |
| 0737.415.180 | |
VMA SUD – MOBIX BESS● Active | 1017.596.613 |
Financials
Full financial information
Source · NBB| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Full model | Full model | Full model | Full 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 | 14/05/2026 | 28/05/2025 | 30/05/2024 | 16/05/2023 | 28/04/2022 | 05/05/2021 |
| General meeting | 28/04/2026 | 29/04/2025 | 30/04/2024 | 25/04/2023 | 26/04/2022 | 27/04/2021 |
| 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 · NBBLooking for more information about this company?
Try for 7 daysAnnual accounts filings
Source · NBB, 21 filings| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Full model | 31/12/2025 | 28/04/2026 | 14/05/2026 | French | |
| Full model | 31/12/2024 | 29/04/2025 | 28/05/2025 | French | |
| Full model | 31/12/2023 | 30/04/2024 | 30/05/2024 | French | |
| Full model | 31/12/2022 | 25/04/2023 | 16/05/2023 | French | |
| Full model | 31/12/2021 | 26/04/2022 | 28/04/2022 | French | |
| Full model | 31/12/2020 | 27/04/2021 | 05/05/2021 | French | |
| Full model | 31/12/2019 | 28/04/2020 | 13/05/2020 | French | |
| Full model | 31/12/2018 | 30/04/2019 | 30/04/2019 | French | |
| Full model | 31/12/2017 | 24/04/2018 | 16/05/2018 | French | |
| Full model | 31/12/2016 | 25/04/2017 | 17/05/2017 | French | |
| Full model | 31/12/2015 | 26/04/2016 | 26/05/2016 | French | |
| Full model | 31/12/2014 | 28/04/2015 | 20/05/2015 | French | |
| Full model | 31/12/2013 | 29/04/2014 | 21/05/2014 | French | |
| Full model | 31/12/2012 | 30/04/2013 | 15/05/2013 | French | |
| Full model | 31/12/2011 | 24/04/2012 | 04/06/2012 | French | |
| Full model | 31/12/2010 | 26/04/2011 | 27/05/2011 | French | |
| Full model | 31/12/2009 | 27/04/2010 | 18/05/2010 | French | |
| Full model | 31/12/2008 | 28/04/2009 | 09/06/2009 | French | |
| Full model | 31/12/2007 | 01/03/2008 | 24/06/2008 | French | |
| Full modelCorrection | 31/12/2006 | 03/03/2007 | 18/09/2007 | French | |
| Full model | 31/12/2006 | 03/03/2007 | 29/03/2007 | French |
Valuation
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 25 M€ and 50 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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Board of directors
Source · NBB, accounts to 31/12/2025Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette publications
Source · Belgian Official Gazette- Mandates13/05/2025DEMISSIONS, NOMINATIONS
- Mandates27/02/2025DEMISSIONS, NOMINATIONS
- Restructuring22/07/2024RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates23/05/2024DEMISSIONS, NOMINATIONS
- Restructuring28/02/2024RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Restructuring27/11/2023RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
- Mandates17/05/2023DEMISSIONS, NOMINATIONS
- Other16/05/2023DIVERS
Similar companies
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 20254,3 M €↑
- 01/05/2025nominationGeoffrey Leurquin — administrateur
- 11/02/2025nominationEVCR SRL — administrateur
- 2024Annual accounts 2024-206,1 k €↑
- 30/04/2024nominationPeter Matton — administrateur
- 30/04/2024reconductionRaymund Trost — administrateur
- 30/04/2024reconductionFabien De Jonge — administrateur
- 30/04/2024reconductionMarc Hindryckx — administrateur
- 30/04/2024reconductionMarnix Van Dooren — commissaire
- 01/01/2024reduction_capital
- 01/01/2024split
- 2023Annual accounts 2023-5,2 M €↓
- 29/12/2023augmentation_capital
- 25/04/2023nominationStanislas Paternostre — administrateur
- 25/04/2023nominationTRIE SRL — administrateur
- 2022Annual accounts 20222 M €↑
- 2022Name changeVMA SUD
- 2021Annual accounts 20212 M €↑
- 2021Name changeVMA DRUART
- 2019Annual accounts 2019464,1 k €↓
- 2018Annual accounts 20182,3 M €↑
- 2017Annual accounts 2017-516 k €↑
- 2016Annual accounts 2016-1,8 M €↓
- 2015Annual accounts 2015125,9 k €↓
- 2014Annual accounts 2014148,3 k €↑
- 2013Annual accounts 201360,4 k €↓
- 2012Annual accounts 2012303,3 k €↓
- 2011Annual accounts 2011449,8 k €↑
- 2010Annual accounts 201083,6 k €↑
- 2009Annual accounts 2009-1,9 M €↓
- 2008Annual accounts 200870,3 k €↓
- 2007Annual accounts 20071,2 M €
- 31/01/1985IncorporationPublic limited company