ACTIVE

VMD Real Estate

Financial year 2025 · Closed on 31/12/2025

Net result1,5 M €+499 744,7 %over 1 year
Gross margin2,2 M €+916,3 %over 1 year
Equity2,6 M €+65,7 %over 1 year

Identity

Source · BCE/KBO

VMD Real Estate is a Public limited company incorporated in 1986. Its registered office is in Watermael-Boitsfort.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0429.629.430
Incorporation
14/10/1986
Legal form
Public limited company
Registered office
Rue de l'Hospice Communal 6
1170 Watermael-Boitsfort · BruxellesSee on map
Contributed capital
1 062 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

20252024202320222021
Income statement
Gross margin2,2 M €212,9 k €234,7 k €131,4 k €14,7 k €
EBITDA2,2 M €198,3 k €220,6 k €128 k €11,6 k €
Operating result2,1 M €169,9 k €192,4 k €19,8 k €8,7 k €
Net result1,5 M €-293,8 €64,1 k €-10,5 k €-2,2 k €
Balance sheet
Equity2,6 M €1,5 M €1,6 M €1,5 M €546,6 k €
Total assets6,1 M €6,3 M €4,4 M €4,3 M €1 M €
Cash1,4 M €15,3 k €80,6 k €139,1 k €20,4 k €
Debts3,2 M €4,7 M €2,8 M €2,7 M €478,1 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 22 ended

Active mandates

Louis Gheysens

Director · since 15 décembre 2025 · until 26 mai 2028

Active
Olivia de Lovinfosse

Director · since 15 décembre 2025 · until 26 mai 2028

Active
Adrien Caeymaex

Director · since 23 mai 2025 · until 26 mai 2028

Active
Adrien Meert

Director · since 23 mai 2025 · until 26 mai 2028

Active
Frédéric de Beule

Director · since 23 mai 2025 · until 26 mai 2028

Active
VMD INVEST

Director · 0414.219.296

Represented by Frédéric de Beule

Active

Ended mandates

GENNAKER

Director · since 23 mai 2025 · until 31 décembre 2025 · 0539.865.970

Represented by Jérôme Lefebvre

Ended
VMD INVEST

Director · since 23 mai 2025 · until 26 mai 2028 · 0414.219.296

Represented by Frédéric de Beule

Ended
Adrien Caeymaex

Director · since 24 mai 2024 · until 24 mai 2030

Ended
Frédéric de Beule

Director · since 22 mars 2022 · until 23 mai 2025

Ended

Other companies at this address

Rue de l'Hospice Communal 6 1170 Watermael-Boitsfort
CompanyCBE no.
DIGICALISM● Active
0674.698.940
0688.848.270
ERISMA● Active
0771.885.418
LE GRAND TOUCAN● Active
0781.333.218
SAVICS● Active
0649.519.522
0471.971.910
VMD INVEST● Active
0414.219.296

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelMicro 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 date26/05/202603/06/202506/06/202430/05/202330/06/202228/06/2021
General meeting22/05/202623/05/202524/05/202426/05/202327/05/202228/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202522/05/202626/05/2026FrenchPDF
Abridged model31/12/202423/05/202503/06/2025FrenchPDF
Abridged model31/12/202324/05/202406/06/2024FrenchPDF
Abridged model31/12/202226/05/202330/05/2023FrenchPDF
Abridged model31/12/202127/05/202230/06/2022FrenchPDF
Micro model31/12/202028/05/202128/06/2021FrenchPDF
Micro model31/12/201922/05/202023/07/2020FrenchPDF
Micro model31/12/201824/05/201929/08/2019FrenchPDF
Micro model31/12/201725/05/201803/08/2018FrenchPDF
Abridged model31/12/201623/06/201703/10/2017FrenchPDF
Abridged model31/12/201524/06/201606/07/2016FrenchPDF
Abridged model31/12/201424/04/201528/04/2015FrenchPDF
Abridged model31/12/201325/04/201428/04/2014FrenchPDF
Abridged model31/12/201229/03/201303/04/2013FrenchPDF
Abridged model31/12/201127/03/201219/04/2012FrenchPDF
Abridged model31/12/201007/04/201115/04/2011FrenchPDF
Abridged model31/12/200922/04/201026/04/2010FrenchPDF
Abridged model31/12/200820/06/200910/07/2009FrenchPDF
Abridged model31/12/200723/05/200802/06/2008FrenchPDF
Abridged model31/12/200623/03/200728/03/2007FrenchPDF

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.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 22 ended

Active mandates

Louis Gheysens

Director · since 15 décembre 2025 · until 26 mai 2028

Active
Olivia de Lovinfosse

Director · since 15 décembre 2025 · until 26 mai 2028

Active
Adrien Caeymaex

Director · since 23 mai 2025 · until 26 mai 2028

Active
Adrien Meert

Director · since 23 mai 2025 · until 26 mai 2028

Active
Frédéric de Beule

Director · since 23 mai 2025 · until 26 mai 2028

Active
VMD INVEST

Director · 0414.219.296

Represented by Frédéric de Beule

Active

Ended mandates

GENNAKER

Director · since 23 mai 2025 · until 31 décembre 2025 · 0539.865.970

Represented by Jérôme Lefebvre

Ended
VMD INVEST

Director · since 23 mai 2025 · until 26 mai 2028 · 0414.219.296

Represented by Frédéric de Beule

Ended
Adrien Caeymaex

Director · since 24 mai 2024 · until 24 mai 2030

Ended
Frédéric de Beule

Director · since 22 mars 2022 · until 23 mai 2025

Ended

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/08/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/06/2026
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/07/2024
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates21/06/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates28/03/2022
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates15/03/2021
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DENOMINATION - SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates20/02/2018
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/09/2016
    DEMISSIONS, NOMINATIONS
    PDF

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 20251,5 M €↑
  2. 2024
    Annual accounts 2024-293,8 €↓
  3. 2023
    Annual accounts 202364,1 k €↑
  4. 2022
    Annual accounts 2022-10,5 k €↓
  5. 2021
    Annual accounts 2021-2,2 k €↓
  6. 2020
    Annual accounts 202060,2 k €↑
  7. 2019
    Annual accounts 201913,7 k €↓
  8. 2018
    Annual accounts 201814,6 k €↓
  9. 2017
    Annual accounts 201750,1 k €↑
  10. 2016
    Annual accounts 201628,5 k €↓
  11. 2015
    Annual accounts 201546,3 k €↑
  12. 2014
    Annual accounts 201428,8 k €↓
  13. 2013
    Annual accounts 201344,5 k €↑
  14. 2012
    Annual accounts 201233,4 k €↑
  15. 2011
    Annual accounts 201133 k €↓
  16. 2010
    Annual accounts 201056,5 k €↑
  17. 2009
    Annual accounts 200913,3 k €↓
  18. 2008
    Annual accounts 200855,3 k €
  19. 14/10/1986
    IncorporationPublic limited company