ACTIVE

IMMO VS

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

80,2 k €

+14.5% YoY

Gross margin

318,4 k €

+0.7% YoY

Equity

2,4 M €

+3.5% YoY

What does IMMO VS do?

IMMO VS is a Public limited company incorporated in 1986. Its registered office is in Oudenaarde.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0429.961.408

Incorporation

02/12/1986

Legal form

Public limited company

Registered office

Bourgondiëstraat 10 box 401
9700 Oudenaarde · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ 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	318,4 k €	+0.7%	316 k €	+8.9%	290,1 k €	+1.3%	286,3 k €	-1.2%	289,9 k €	+3.1%	281,1 k €	-7.5%	304 k €	-12.9%	348,9 k €	+23.2%	283,2 k €	+4.9%	269,9 k €	-3.5%	279,6 k €	+6.7%	262 k €	+2.1%	256,7 k €	+3.0%	249,1 k €	+10.5%	225,4 k €	+11.0%	203 k €	-13.0%	233,4 k €	+7.0%	218,1 k €	-1.0%	220,4 k €	-2.1%	225,1 k €
EBITDA	277 k €	+2.7%	269,6 k €	+6.5%	253,1 k €	-0.1%	253,4 k €	-0.8%	255,5 k €	+3.8%	246,1 k €	-10.6%	275,2 k €	-14.2%	320,6 k €	+25.6%	255,2 k €	+4.9%	243,2 k €	-3.8%	252,9 k €	+7.4%	235,4 k €	+1.9%	231,1 k €	+2.5%	225,5 k €	+11.3%	202,6 k €	+8.4%	187 k €	-10.4%	208,6 k €	+7.9%	193,3 k €	-1.4%	196,1 k €	-3.0%	202,1 k €
Operating result	109,5 k €	+16.7%	93,8 k €	+5.3%	89 k €	-5.7%	94,4 k €	-4.5%	98,9 k €	+8.5%	91,1 k €	-30.6%	131,2 k €	-25.2%	175,5 k €	+48.8%	117,9 k €	-10.4%	131,6 k €	-7.4%	142,1 k €	-3.1%	146,7 k €	-5.9%	155,9 k €	-0.7%	157 k €	+14.2%	137,4 k €	+4.4%	131,6 k €	-13.6%	152,4 k €	+13.3%	134,5 k €	+0.4%	134 k €	-14.8%	157,3 k €
Net result	80,2 k €	+14.5%	70,1 k €	+7.4%	65,3 k €	-7.3%	70,4 k €	-5.1%	74,1 k €	+8.6%	68,3 k €	-26.4%	92,8 k €	-24.8%	123,4 k €	+53.6%	80,3 k €	-12.9%	92,2 k €	-8.8%	101,1 k €	-6.0%	107,5 k €	-4.7%	112,8 k €	+0.2%	112,6 k €	+17.0%	96,2 k €	+6.0%	90,8 k €	-12.5%	103,8 k €	+16.3%	89,2 k €	+7.1%	83,3 k €	-15.4%	98,5 k €
Balance sheet
Equity	2,4 M €	+3.5%	2,3 M €	+3.2%	2,2 M €	+3.1%	2,1 M €	+3.4%	2,1 M €	+3.7%	2 M €	+3.0%	1,9 M €	+5.2%	1,8 M €	+7.7%	1,7 M €	+4.9%	1,6 M €	+6.0%	1,5 M €	+7.1%	1,4 M €	+8.1%	1,3 M €	+9.3%	1,2 M €	+10.2%	1,1 M €	+9.6%	1 M €	+9.9%	912,7 k €	+14.8%	795 k €	+12.6%	705,8 k €	+13.4%	622,5 k €
Total assets	2,8 M €	+0.2%	2,8 M €	+3.2%	2,7 M €	+3.2%	2,6 M €	-0.4%	2,6 M €	+1.2%	2,6 M €	-0.1%	2,6 M €	+0.2%	2,6 M €	+3.7%	2,5 M €	+2.4%	2,4 M €	+11.9%	2,2 M €	+1.5%	2,1 M €	+34.6%	1,6 M €	+4.8%	1,5 M €	+7.3%	1,4 M €	+3.5%	1,4 M €	+1.4%	1,4 M €	+3.3%	1,3 M €	+0.6%	1,3 M €	+10.6%	1,2 M €
Cash	385 k €	+14.8%	335,3 k €	-41.9%	577 k €	-13.1%	664,1 k €	+33.4%	497,9 k €	+21.5%	409,9 k €	-13.1%	471,5 k €	+33.3%	353,7 k €	+307%	87 k €	-83.6%	530,4 k €	+116%	245,4 k €	+112%	115,5 k €	-31.1%	167,6 k €	-46.3%	312,1 k €	+79.4%	174 k €	-9.6%	192,4 k €	+58.7%	121,2 k €	+205%	39,8 k €	-13.5%	46 k €	-7.3%	49,6 k €
Debts	416,5 k €	-13.1%	479,1 k €	+4.0%	460,7 k €	+3.8%	443,8 k €	-14.9%	521,6 k €	-6.8%	559,5 k €	-11.4%	631,2 k €	-11.9%	716,6 k €	-3.9%	746 k €	-4.1%	777,7 k €	+27.9%	608,1 k €	-10.3%	678,2 k €	+189%	234,3 k €	-14.0%	272,3 k €	-2.4%	279,1 k €	-14.2%	325,3 k €	-16.2%	388,1 k €	-13.1%	446,6 k €	-15.2%	526,7 k €	+9.1%	482,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Eric VANSTEENBRUGGHE

Managing director · since 02 mai 2022 · until 02 mai 2028

Active

Katrien VANSTEENBRUGGHE

Director · since 02 mai 2022 · until 02 mai 2028

Active

Ended mandates

Bart VANSTEENBRUGGHE

Director · since 04 mai 2015 · until 04 mai 2021

Ended

Eric VANSTEENBRUGGHE

Managing director · since 04 mai 2015 · until 04 mai 2021

Ended

Katrien Vansteenbrugghe

Director · since 04 mai 2015 · until 04 mai 2021

Ended

Bart VANSTEENBRUGGHE

Director · since 04 mai 2009 · until 04 mai 2015

Ended

At this address

Other companies at this address

Company	CBE no.
Dr. Vanden Borre Philip, chirurg● Active	0727.965.697

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	03/07/2026	01/07/2025	10/06/2024	07/07/2023	20/05/2022	27/10/2021
General meeting	04/05/2026	05/05/2025	06/05/2024	02/05/2023	02/05/2022	30/09/2021
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

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	04/05/2026	03/07/2026	Dutch	PDF
Micro model	31/12/2024	05/05/2025	01/07/2025	Dutch	PDF
Micro model	31/12/2023	06/05/2024	10/06/2024	Dutch	PDF
Micro model	31/12/2022	02/05/2023	07/07/2023	Dutch	PDF
Micro model	31/12/2021	02/05/2022	20/05/2022	Dutch	PDF
Micro model	31/12/2020	30/09/2021	27/10/2021	Dutch	PDF
Micro model	31/12/2019	25/06/2020	24/07/2020	Dutch	PDF
Micro model	31/12/2018	06/05/2019	06/06/2019	Dutch	PDF
Micro model	31/12/2017	27/06/2018	27/07/2018	Dutch	PDF
Micro model	31/12/2016	27/06/2017	24/07/2017	Dutch	PDF
Abridged model	31/12/2015	02/05/2016	02/06/2016	Dutch	PDF
Abridged model	31/12/2014	04/05/2015	05/06/2015	Dutch	PDF
Abridged model	31/12/2013	16/06/2014	14/07/2014	Dutch	PDF
Abridged model	31/12/2012	06/05/2013	29/05/2013	Dutch	PDF
Abridged model	31/12/2011	07/05/2012	06/06/2012	Dutch	PDF
Abridged model	31/12/2010	02/05/2011	27/05/2011	Dutch	PDF
Abridged model	31/12/2009	03/05/2010	25/05/2010	Dutch	PDF
Abridged model	31/12/2008	04/05/2009	20/05/2009	Dutch	PDF
Abridged model	31/12/2007	05/05/2008	03/06/2008	Dutch	PDF
Abridged model	31/12/2006	07/05/2007	31/05/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 2 active · 9 ended

Active mandates

Eric VANSTEENBRUGGHE

Managing director · since 02 mai 2022 · until 02 mai 2028

Active

Katrien VANSTEENBRUGGHE

Director · since 02 mai 2022 · until 02 mai 2028

Active

Ended mandates

Bart VANSTEENBRUGGHE

Director · since 04 mai 2015 · until 04 mai 2021

Ended

Eric VANSTEENBRUGGHE

Managing director · since 04 mai 2015 · until 04 mai 2021

Ended

Katrien Vansteenbrugghe

Director · since 04 mai 2015 · until 04 mai 2021

Ended

Bart VANSTEENBRUGGHE

Director · since 04 mai 2009 · until 04 mai 2015

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates23/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/04/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/06/2015
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares21/01/2014
KAPITAAL - AANDELEN
PDF
Mandates12/06/2009
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares13/02/2004
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202580,2 k €↑
2024
Annual accounts 202470,1 k €↑
2023
Annual accounts 202365,3 k €↓
2022
Annual accounts 202270,4 k €↓
2021
Annual accounts 202174,1 k €↑
2020
Annual accounts 202068,3 k €↓
2019
Annual accounts 201992,8 k €↓
2018
Annual accounts 2018123,4 k €↑
2017
Annual accounts 201780,3 k €↓
2016
Annual accounts 201692,2 k €↓
2015
Annual accounts 2015101,1 k €↓
2014
Annual accounts 2014107,5 k €↓
2013
Annual accounts 2013112,8 k €↑
2012
Annual accounts 2012112,6 k €↑
2011
Annual accounts 201196,2 k €↑
2010
Annual accounts 201090,8 k €↓
2009
Annual accounts 2009103,8 k €↑
2008
Annual accounts 200889,2 k €↑
2007
Annual accounts 200783,3 k €↓
2006
Annual accounts 200698,5 k €
02/12/1986
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

IMMO VS

Overview

What does IMMO VS do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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