ACTIVE

VMA SUD

Financial year 2025 · Closed on 31/12/2025

Net result4,3 M €+2 207,9 %over 1 year
Revenue90,3 M €+19,8 %over 1 year
Equity11,1 M €+53,0 %over 1 year
Workforce330,4 ETP-4,3 %over 1 year

Identity

Source · BCE/KBO

VMA SUD is a Public limited company incorporated in 1985. Its main activity is: Plumbing, heat and air-conditioning installation. 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 filings

Trend over 18 financial years

20252024202320222021
Income statement
Revenue90,3 M €75,3 M €119,1 M €77,1 M €61,4 M €
EBITDA7,1 M €672 k €-2,2 M €3,9 M €3,1 M €
Operating result5 M €416,2 k €-4,4 M €3,1 M €2,5 M €
Net result4,3 M €-206,1 k €-5,2 M €2 M €2 M €
Balance sheet
Equity11,1 M €7,2 M €7,5 M €9,1 M €7,1 M €
Total assets54,9 M €44,8 M €44,6 M €35,2 M €28,3 M €
Cash147,4 k €1,8 M €2,3 M €3,7 k €4 k €
Debts42,5 M €37 M €35,4 M €25,7 M €20,9 M €
Other
Workforce330,4 ETP345,2 ETP414,9 ETP275,8 ETP274,4 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 17 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
GRL MANAGEMENT1017.199.903Represented by Geoffrey Leurquin
Director01/05/2025 → 24/04/2029
EVCR1018.629.464Represented by Eric De Ribaucourt
Director15/01/2025 → 24/09/2029
Consulton0747.615.721Represented by Peter MATTON
Director30/04/2024 → 24/04/2029
ID2ID0712.638.214Represented by Marc HINDRYCKX
Director30/04/2019 → 24/04/2029
MSQ0700.413.046Represented by Fabien DE JONGE
Director30/04/2019 → 24/04/2029
TROREMA0899.683.413Represented by Raymund TROST
Director26/01/2016 → 24/04/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Stanislas PATERNOSTRE
Director25/04/2023 → 2024 accounts
TRiE0826.966.669Represented by THOMAS DUCAMP
Director25/04/2023 → 2023 accounts
88220646.762.643Represented by YVES WEYTS
Director24/04/2018 → 2021 accounts
FABIEN DE JONGE
Director24/04/2018 → 2018 accounts

Other companies at this address

Rue d'Edimbourg 19 6040 Charleroi
CompanyCBE no.
SM EpiCURA ATH● Active
0717.605.505
0761.717.244
0782.751.002
0780.672.925
SMM VMA - CLOSE● Active
0786.518.263
0769.486.647
1044.362.871
1022.276.961
1044.357.824
1042.349.726
0737.415.180
1017.596.613

Full financial information

Source · NBB
202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull 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 date14/05/202628/05/202530/05/202416/05/202328/04/202205/05/2021
General meeting28/04/202629/04/202530/04/202425/04/202326/04/202227/04/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 21 filings
ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202528/04/202614/05/2026FrenchPDF
Full model31/12/202429/04/202528/05/2025FrenchPDF
Full model31/12/202330/04/202430/05/2024FrenchPDF
Full model31/12/202225/04/202316/05/2023FrenchPDF
Full model31/12/202126/04/202228/04/2022FrenchPDF
Full model31/12/202027/04/202105/05/2021FrenchPDF
Full model31/12/201928/04/202013/05/2020FrenchPDF
Full model31/12/201830/04/201930/04/2019FrenchPDF
Full model31/12/201724/04/201816/05/2018FrenchPDF
Full model31/12/201625/04/201717/05/2017FrenchPDF
Full model31/12/201526/04/201626/05/2016FrenchPDF
Full model31/12/201428/04/201520/05/2015FrenchPDF
Full model31/12/201329/04/201421/05/2014FrenchPDF
Full model31/12/201230/04/201315/05/2013FrenchPDF
Full model31/12/201124/04/201204/06/2012FrenchPDF
Full model31/12/201026/04/201127/05/2011FrenchPDF
Full model31/12/200927/04/201018/05/2010FrenchPDF
Full model31/12/200828/04/200909/06/2009FrenchPDF
Full model31/12/200701/03/200824/06/2008FrenchPDF
Full modelCorrection31/12/200603/03/200718/09/2007FrenchPDF
Full model31/12/200603/03/200729/03/2007FrenchPDF

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.

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

6 active · 17 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
GRL MANAGEMENT1017.199.903Represented by Geoffrey Leurquin
Director01/05/2025 → 24/04/2029
EVCR1018.629.464Represented by Eric De Ribaucourt
Director15/01/2025 → 24/09/2029
Consulton0747.615.721Represented by Peter MATTON
Director30/04/2024 → 24/04/2029
ID2ID0712.638.214Represented by Marc HINDRYCKX
Director30/04/2019 → 24/04/2029
MSQ0700.413.046Represented by Fabien DE JONGE
Director30/04/2019 → 24/04/2029
TROREMA0899.683.413Represented by Raymund TROST
Director26/01/2016 → 24/04/2029

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Stanislas PATERNOSTRE
Director25/04/2023 → 2024 accounts
TRiE0826.966.669Represented by THOMAS DUCAMP
Director25/04/2023 → 2023 accounts
88220646.762.643Represented by YVES WEYTS
Director24/04/2018 → 2021 accounts
FABIEN DE JONGE
Director24/04/2018 → 2018 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/05/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates27/02/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring22/07/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates23/05/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Restructuring28/02/2024
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Restructuring27/11/2023
    RUBRIQUE RESTRUCTURATION (FUSION, SCISSION, TRANSFERT PATRIMOINE, ETC...)
    PDF
  • Mandates17/05/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Other16/05/2023
    DIVERS
    PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings18 filings
Mandates
GRL MANAGEMENT
EVCR
MSQ
ID2ID
Consulton
TROREMA
TRiE
Stanislas PATERNOSTRE
8822
Mipad
Hubert Lacroix Management
FABIEN DE JONGE
198519861987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026202720282029
VMA SUD
Rue d'Edimbourg 19, 6040 Jumet (Charleroi)
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Rue d'Edimbourg 19, 6040 Jumet (Charleroi)Current
accounts 2021 → 2025
Accounts 2025 · 2026-00111593

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
VMA SUDCurrent
accounts 2022 → 2025
Accounts 2025 · 2026-00111593
VMA DRUART
accounts 2021
Accounts 2021 · 2022-20018530

Events

  1. 2025
    Annual accounts 20254,3 M €↑
  2. 01/05/2025
    nominationGeoffrey Leurquin · administrateur
  3. 11/02/2025
    nominationEVCR SRL · administrateur
  4. 2024
    Annual accounts 2024-206,1 k €↑
  5. 30/04/2024
    nominationPeter Matton · administrateur
  6. 30/04/2024
    reconductionRaymund Trost · administrateur
  7. 30/04/2024
    reconductionFabien De Jonge · administrateur
  8. 30/04/2024
    reconductionMarc Hindryckx · administrateur
  9. 30/04/2024
    reconductionMarnix Van Dooren · commissaire
  10. 01/01/2024
    reduction_capital
  11. 01/01/2024
    split
  12. 2023
    Annual accounts 2023-5,2 M €↓
  13. 29/12/2023
    augmentation_capital
  14. 25/04/2023
    nominationStanislas Paternostre · administrateur
  15. 25/04/2023
    nominationTRIE SRL · administrateur
  16. 2022
    Annual accounts 20222 M €↑
  17. 2022
    Name changeVMA SUD
  18. 2021
    Annual accounts 20212 M €↑
  19. 2019
    Annual accounts 2019464,1 k €↓
  20. 2018
    Annual accounts 20182,3 M €↑
  21. 2017
    Annual accounts 2017-516 k €↑
  22. 2016
    Annual accounts 2016-1,8 M €↓
  23. 2015
    Annual accounts 2015125,9 k €↓
  24. 2014
    Annual accounts 2014148,3 k €↑
  25. 2013
    Annual accounts 201360,4 k €↓
  26. 2012
    Annual accounts 2012303,3 k €↓
  27. 2011
    Annual accounts 2011449,8 k €↑
  28. 2010
    Annual accounts 201083,6 k €↑
  29. 2009
    Annual accounts 2009-1,9 M €↓
  30. 2008
    Annual accounts 200870,3 k €↓
  31. 2007
    Annual accounts 20071,2 M €
  32. 31/01/1985
    IncorporationPublic limited company