ACTIVE

VLAMCO

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Financial year 2025 · closed on 31/12/2025

Net result

133,7 k €

-6.2% YoY

Gross margin

540,1 k €

+2.3% YoY

Equity

1,4 M €

+10.8% YoY

Workforce

4,6 ETP

+4.5% YoY

What does VLAMCO do?

VLAMCO is a Public limited company incorporated in 1987. Its registered office is in Hamont-Achel. It employs on average 4,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0432.404.125

Incorporation

23/10/1987

Legal form

Public limited company

Registered office

Industriestraat 3
3930 Hamont-Achel · FlandreSee on map

Contributed capital

123 500,00 €

Latest accounts

31/12/2025

Average workforce

4,6 ETP

Joint committees (3)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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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	540,1 k €	+2.3%	527,9 k €	+39.7%	378 k €	-6.2%	402,9 k €	+31.8%	305,6 k €	+10.2%	277,3 k €	+55.8%	178 k €	+27.6%	139,5 k €	-9.4%	153,9 k €	+41.6%	108,7 k €	+39.5%	77,9 k €	-5.4%	82,3 k €	-2.5%	84,4 k €	-36.2%	132,4 k €	+94.4%	68,1 k €	-18.0%	83 k €	-22.5%	107,1 k €	+8.9%	98,3 k €	-31.5%	143,6 k €	+67.0%	86 k €
EBITDA	358 k €	-3.1%	369,5 k €	+63.1%	226,6 k €	-11.3%	255,4 k €	+36.0%	187,8 k €	-15.0%	220,8 k €	+159%	85,3 k €	+20.1%	71 k €	-42.2%	122,9 k €	+63.5%	75,1 k €	+95.8%	38,4 k €	+0.6%	38,1 k €	-28.2%	53,1 k €	-32.2%	78,3 k €	+1874%	4 k €	-81.8%	21,8 k €	-49.6%	43,4 k €	+33.4%	32,5 k €	-58.2%	77,9 k €	+592%	11,3 k €
Operating result	203,2 k €	-13.5%	235 k €	+118%	107,8 k €	-30.9%	156 k €	+35.9%	114,7 k €	-34.7%	175,7 k €	+648%	23,5 k €	+45.5%	16,1 k €	-78.1%	73,8 k €	+96.9%	37,5 k €	+112%	17,7 k €	-27.6%	24,4 k €	-39.8%	40,6 k €	-22.3%	52,3 k €	+348%	-21,1 k €	-73.7%	-12,1 k €	-192%	13,2 k €	+333%	-5,7 k €	-116%	35,3 k €	+205%	-33,5 k €
Net result	133,7 k €	-6.2%	142,5 k €	+111%	67,6 k €	-35.1%	104,2 k €	+16.5%	89,4 k €	-28.7%	125,3 k €	+512%	20,5 k €	+114%	9,6 k €	-82.2%	53,6 k €	+50.9%	35,5 k €	+82.8%	19,4 k €	-41.3%	33,1 k €	-0.5%	33,3 k €	-44.0%	59,4 k €	+336%	-25,2 k €	-478%	6,7 k €	-74.7%	26,4 k €	+1190%	2 k €	-95.1%	42 k €	+282%	-23,1 k €
Balance sheet
Equity	1,4 M €	+10.8%	1,2 M €	+13.1%	1,1 M €	+5.6%	1 M €	+4.0%	992 k €	+9.9%	902,6 k €	+15.8%	779,7 k €	+2.7%	759,2 k €	+1.3%	749,6 k €	+7.7%	696 k €	+5.4%	660,5 k €	+3.0%	641,1 k €	+5.4%	608 k €	+5.8%	574,7 k €	+11.5%	515,3 k €	-4.7%	540,5 k €	+1.2%	533,9 k €	+5.2%	507,5 k €	+0.4%	505,4 k €	+9.1%	463,4 k €
Total assets	1,9 M €	+1.7%	1,8 M €	+12.4%	1,6 M €	-0.7%	1,6 M €	+25.1%	1,3 M €	+23.8%	1,1 M €	+7.4%	985,9 k €	+8.6%	908,1 k €	-0.5%	912,6 k €	+17.3%	777,8 k €	+9.1%	713 k €	+4.1%	684,8 k €	+7.6%	636,1 k €	+5.5%	603,1 k €	-0.7%	607,2 k €	-12.4%	693,5 k €	-1.5%	704,2 k €	+8.1%	651,5 k €	+0.6%	647,8 k €	-1.4%	657,2 k €
Cash	544,9 k €	+27.3%	428,1 k €	+9.4%	391,4 k €	+62.7%	240,6 k €	-28.2%	334,9 k €	-9.8%	371,4 k €	+41.6%	262,3 k €	+24.4%	210,8 k €	+64.4%	128,2 k €	+49.3%	85,9 k €	-36.6%	135,5 k €	-15.0%	159,4 k €	-6.6%	170,6 k €	+42.9%	119,4 k €	+39.0%	85,9 k €	-47.9%	164,7 k €	-31.0%	238,6 k €	-8.7%	261,5 k €	+6.0%	246,7 k €	+15.1%	214,3 k €
Debts	495,5 k €	-16.9%	596,4 k €	+10.9%	537,9 k €	-11.4%	607 k €	+90.7%	318,2 k €	+104%	155,8 k €	-24.5%	206,2 k €	+38.5%	148,9 k €	-8.6%	162,9 k €	+99.2%	81,8 k €	+60.9%	50,9 k €	+20.0%	42,4 k €	+50.7%	28,1 k €	-0.6%	28,3 k €	-69.2%	91,9 k €	-40.0%	153 k €	-9.8%	169,6 k €	+18.5%	143,2 k €	+0.6%	142,4 k €	-26.5%	193,8 k €
Other
Workforce	4,6 ETP	+4.5%	4,4 ETP	+4.8%	4,2 ETP		–		–		–		–		1,9 ETP		–		–		1,1 ETP	0.0%	1,1 ETP	+22.2%	0,9 ETP	-40.0%	1,5 ETP	-25.0%	2,0 ETP	+11.1%	1,8 ETP	0.0%	1,8 ETP	0.0%	1,8 ETP	-21.7%	2,3 ETP	-20.7%	2,9 ETP

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 · 4 active · 11 ended

Active mandates

Ann Genevasen

Director · since 17 mai 2021 · until 15 mai 2028

Active

Anna Plas

Director · since 17 mai 2021 · until 15 mai 2028

Active

Cornelius Genevasen

Managing director · since 17 mai 2021 · until 15 mai 2028

Active

Jan Genevasen

Director · since 17 mai 2021 · until 15 mai 2028

Active

Ended mandates

Ann Genevasen

Mandate

Ended

Ann Genevasen

Director

Ended

Ann Genevasen

Manager

Ended

Anna Plas

Mandate

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged 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	31/08/2026	29/08/2025	02/08/2024	31/08/2023	24/06/2022	28/07/2021
General meeting	31/08/2026	19/05/2025	21/05/2024	15/05/2023	16/05/2022	17/05/2021
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	31/08/2026	31/08/2026	Dutch	PDF
Abridged model	31/12/2024	19/05/2025	29/08/2025	Dutch	PDF
Abridged model	31/12/2023	21/05/2024	02/08/2024	Dutch	PDF
Micro model	31/12/2022	15/05/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	16/05/2022	24/06/2022	Dutch	PDF
Micro model	31/12/2020	17/05/2021	28/07/2021	Dutch	PDF
Micro model	31/12/2019	18/05/2020	14/08/2020	Dutch	PDF
Abridged model	31/12/2018	19/05/2019	30/08/2019	Dutch	PDF
Abridged model	31/12/2017	22/05/2018	03/08/2018	Dutch	PDF
Micro model	31/12/2016	15/05/2017	17/08/2017	Dutch	PDF
Abridged model	31/12/2015	16/05/2016	04/07/2016	Dutch	PDF
Abridged model	31/12/2014	18/05/2015	22/07/2015	Dutch	PDF
Abridged model	31/12/2013	19/05/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	21/05/2013	20/08/2013	Dutch	PDF
Abridged model	31/12/2011	21/05/2012	13/08/2012	Dutch	PDF
Abridged model	31/12/2010	16/05/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	17/05/2010	12/08/2010	Dutch	PDF
Abridged model	31/12/2008	18/05/2009	29/05/2009	Dutch	PDF
Abridged model	31/12/2007	19/05/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	21/05/2007	28/08/2007	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 · 4 active · 11 ended

Active mandates

Ann Genevasen

Director · since 17 mai 2021 · until 15 mai 2028

Active

Anna Plas

Director · since 17 mai 2021 · until 15 mai 2028

Active

Cornelius Genevasen

Managing director · since 17 mai 2021 · until 15 mai 2028

Active

Jan Genevasen

Director · since 17 mai 2021 · until 15 mai 2028

Active

Ended mandates

Ann Genevasen

Mandate

Ended

Ann Genevasen

Director

Ended

Ann Genevasen

Manager

Ended

Anna Plas

Mandate

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring07/07/2022
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring16/05/2022
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Mandates25/03/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/10/2006
ONTSLAGEN - BENOEMINGEN
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 2025133,7 k €↓
2024
Annual accounts 2024142,5 k €↑
2023
Annual accounts 202367,6 k €↓
2022
Annual accounts 2022104,2 k €↑
2021
Annual accounts 202189,4 k €↓
2020
Annual accounts 2020125,3 k €↑
2019
Annual accounts 201920,5 k €↑
2018
Annual accounts 20189,6 k €↓
2017
Annual accounts 201753,6 k €↑
2016
Annual accounts 201635,5 k €↑
2015
Annual accounts 201519,4 k €↓
2014
Annual accounts 201433,1 k €↓
2013
Annual accounts 201333,3 k €↓
2012
Annual accounts 201259,4 k €↑
2011
Annual accounts 2011-25,2 k €↓
2010
Annual accounts 20106,7 k €↓
2009
Annual accounts 200926,4 k €↑
2008
Annual accounts 20082 k €↓
2007
Annual accounts 200742 k €↑
2006
Annual accounts 2006-23,1 k €
23/10/1987
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

VLAMCO

Overview

What does VLAMCO 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