ACTIVE

VERMO

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Financial year 2024 · closed on 31/12/2024

Net result

657,6 k €

+18.2% YoY

Gross margin

2,4 M €

+24.3% YoY

Equity

1,1 M €

+147.4% YoY

Workforce

17,6 ETP

+23.1% YoY

What does VERMO do?

VERMO is a Public limited company incorporated in 1989. Its main activity is: Aluminium production. Its registered office is in Hooglede. It employs on average 17,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.471.096

Incorporation

12/01/1989

Legal form

Public limited company

Registered office

Gudrunstraat 14
8830 Hooglede · FlandreSee on map

Contributed capital

100 000,00 €

Latest accounts

31/12/2024

Average workforce

17,6 ETP

Activities (NACE)

24420Aluminium production· main 24420Aluminium production 27422Manufacture of electric lighting equipment 25530Forging, pressing, stamping and roll-forming of metal; powder metallurgy 25620Machining 27330Manufacture of wiring devices+5

Joint committees (4)

111
11100
209
20900

Contacts

2 public details availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	2,4 M €	+24.3%	1,9 M €	+37.9%	1,4 M €	+8.1%	1,3 M €	+52.4%	849,8 k €	-29.9%	1,2 M €	+21.1%	1,0 M €	+6.0%	945,1 k €	-13.7%	1,1 M €	+7.7%	1,0 M €	+4.8%	969,8 k €	+6.7%	909,2 k €	-14.4%	1,1 M €	+13.0%	940,5 k €	+2.4%	918,7 k €	-14.0%	1,1 M €	-1.3%	1,1 M €	+4.8%	1,0 M €	+18.3%	872,5 k €
EBITDA	987,7 k €	+10.9%	890,8 k €	+80.5%	493,5 k €	-10.2%	549,7 k €	+176%	199,4 k €	-58.7%	482,5 k €	+143%	198,3 k €	-37.1%	315,4 k €	-6.0%	335,6 k €	+25.2%	267,9 k €	-10.8%	300,5 k €	+69.4%	177,4 k €	-43.4%	313,6 k €	+40.7%	222,8 k €	-24.9%	296,8 k €	-2.4%	304,1 k €	+14.9%	264,7 k €	+41.9%	186,6 k €	-7.6%	201,9 k €
Operating result	854,4 k €	+11.9%	763,4 k €	+85.9%	410,7 k €	-5.8%	436,0 k €	+306%	107,3 k €	-71.7%	379,2 k €	+75.5%	216,1 k €	+39.0%	155,5 k €	-23.3%	202,6 k €	+10.4%	183,6 k €	-19.5%	228,1 k €	+182%	80,9 k €	-68.1%	253,9 k €	+80.6%	140,6 k €	-32.1%	207,0 k €	+3.6%	199,8 k €	+26.8%	157,6 k €	+55.8%	101,2 k €	-17.5%	122,7 k €
Net result	657,6 k €	+18.2%	556,1 k €	+75.7%	316,4 k €	-3.1%	326,4 k €	+283%	85,2 k €	-66.9%	257,2 k €	+83.2%	140,4 k €	+44.2%	97,3 k €	-47.0%	183,6 k €	+50.6%	121,9 k €	-24.5%	161,5 k €	+157%	62,9 k €	-67.7%	194,5 k €	+130%	84,6 k €	-46.9%	159,2 k €	+22.6%	129,9 k €	+6.3%	122,2 k €	+48.7%	82,2 k €	-0.5%	82,5 k €
Balance sheet
Equity	1,1 M €	+147%	442,2 k €	+193%	151,1 k €	+2.7%	147,1 k €	+21.9%	120,6 k €	-89.9%	1,2 M €	+27.5%	936,0 k €	-4.2%	977,1 k €	-7.9%	1,1 M €	+0.2%	1,1 M €	-2.4%	1,1 M €	-0.3%	1,1 M €	-0.3%	1,1 M €	+2.8%	1,1 M €	+0.2%	1,1 M €	-0.5%	1,1 M €	+3.0%	1,0 M €	+2.3%	1,0 M €	-0.8%	1,0 M €
Total assets	3,3 M €	+22.9%	2,7 M €	+25.6%	2,1 M €	+32.3%	1,6 M €	-37.3%	2,5 M €	+35.7%	1,9 M €	-10.2%	2,1 M €	-3.0%	2,2 M €	+5.7%	2,0 M €	+25.9%	1,6 M €	-6.4%	1,7 M €	-5.0%	1,8 M €	+9.5%	1,7 M €	-9.0%	1,8 M €	-0.9%	1,8 M €	-2.6%	1,9 M €	-2.8%	2,0 M €	+6.1%	1,8 M €	+11.0%	1,7 M €
Cash	128,3 k €	-12.8%	147,2 k €	-13.2%	169,7 k €	-25.5%	227,6 k €	-70.1%	761,0 k €	+362%	164,9 k €	-48.9%	322,4 k €	+31.0%	246,1 k €	+62.2%	151,7 k €	+1.6%	149,3 k €	-26.5%	203,2 k €	-28.0%	282,1 k €	+37.1%	205,8 k €	+0.2%	205,4 k €	+10.5%	185,9 k €	+56.1%	119,1 k €	-63.1%	322,3 k €	+52.3%	211,7 k €	-12.9%	242,9 k €
Debts	2,1 M €	-2.6%	2,1 M €	+11.8%	1,9 M €	+36.4%	1,4 M €	-41.9%	2,4 M €	+279%	629,2 k €	-42.6%	1,1 M €	+0.9%	1,1 M €	+27.6%	851,7 k €	+80.0%	473,2 k €	-15.2%	558,3 k €	-10.6%	624,2 k €	+27.7%	489,0 k €	-32.3%	722,3 k €	-4.2%	753,8 k €	+13.4%	664,6 k €	-10.9%	746,2 k €	+12.6%	662,6 k €	+15.7%	572,5 k €
Other
Workforce	17,6 ETP	+23.1%	14,3 ETP	+1.4%	14,1 ETP	+16.5%	12,1 ETP	+3.4%	11,7 ETP	-7.1%	12,6 ETP	-0.8%	12,7 ETP	+4.1%	12,2 ETP	-12.2%	13,9 ETP	-6.7%	14,9 ETP	+1.4%	14,7 ETP	+5.8%	13,9 ETP	+0.7%	13,8 ETP	-6.8%	14,8 ETP	-3.3%	15,3 ETP	-6.7%	16,4 ETP	-4.1%	17,1 ETP	+4.9%	16,3 ETP	+12.4%	14,5 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 7 ended

Active mandates

AVC

Director · since 11 juillet 2024 · 0713.971.864

Represented by Willem VERSTRAETE

Active

Ended mandates

Carl MOEYAERT

Managing director

Ended

Carl MOEYAERT - DEJONCKHEERE - VERMEERSCH

Managing director

Ended

Carl Moeyaert-Dejonckheere-Vermeersch

Managing director

Ended

MODACAR INVEST

Director · 0473.285.764

Represented by Carl Moeyaert-Dejonckheere-Vermeersch

Ended

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/09/2025	28/08/2024	24/08/2023	31/08/2022	26/08/2021	19/08/2020
General meeting	19/09/2025	10/07/2024	22/08/2023	30/08/2022	01/07/2021	08/05/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2024	19/09/2025	30/09/2025	Dutch	PDF
Abridged model	31/12/2023	10/07/2024	28/08/2024	Dutch	PDF
Abridged model	31/12/2022	22/08/2023	24/08/2023	Dutch	PDF
Abridged model	31/12/2021	30/08/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	01/07/2021	26/08/2021	Dutch	PDF
Abridged model	31/12/2019	08/05/2020	19/08/2020	Dutch	PDF
Abridged model	31/12/2018	10/05/2019	19/06/2019	Dutch	PDF
Abridged model	31/12/2017	11/05/2018	31/05/2018	Dutch	PDF
Abridged model	31/12/2016	12/05/2017	17/07/2017	Dutch	PDF
Abridged model	31/12/2015	13/05/2016	15/06/2016	Dutch	PDF
Abridged model	31/12/2014	08/05/2015	03/06/2015	Dutch	PDF
Abridged model	31/12/2013	09/05/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	10/05/2013	19/06/2013	Dutch	PDF
Abridged model	31/12/2011	11/05/2012	30/08/2012	Dutch	PDF
Abridged model	31/12/2010	13/05/2011	19/05/2011	Dutch	PDF
Abridged model	31/12/2009	14/05/2010	10/06/2010	Dutch	PDF
Abridged model	31/12/2008	08/05/2009	11/06/2009	Dutch	PDF
Abridged model	31/12/2007	09/05/2008	19/06/2008	Dutch	PDF
Abridged model	31/12/2006	11/05/2007	28/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 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 31/12/2024 · 1 active · 7 ended

Active mandates

AVC

Director · since 11 juillet 2024 · 0713.971.864

Represented by Willem VERSTRAETE

Active

Ended mandates

Carl MOEYAERT

Managing director

Ended

Carl MOEYAERT - DEJONCKHEERE - VERMEERSCH

Managing director

Ended

Carl Moeyaert-Dejonckheere-Vermeersch

Managing director

Ended

MODACAR INVEST

Director · 0473.285.764

Represented by Carl Moeyaert-Dejonckheere-Vermeersch

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates06/03/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates04/01/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/12/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/08/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/09/2005
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

2024
Annual accounts 2024657,6 k €↑
2023
Annual accounts 2023556,1 k €↑
2022
Annual accounts 2022316,4 k €↓
2021
Annual accounts 2021326,4 k €↑
2020
Annual accounts 202085,2 k €↓
2019
Annual accounts 2019257,2 k €↑
2018
Annual accounts 2018140,4 k €↑
2017
Annual accounts 201797,3 k €↓
2016
Annual accounts 2016183,6 k €↑
2015
Annual accounts 2015121,9 k €↓
2014
Annual accounts 2014161,5 k €↑
2013
Annual accounts 201362,9 k €↓
2012
Annual accounts 2012194,5 k €↑
2011
Annual accounts 201184,6 k €↓
2010
Annual accounts 2010159,2 k €↑
2009
Annual accounts 2009129,9 k €↑
2008
Annual accounts 2008122,2 k €↑
2007
Annual accounts 200782,2 k €↓
2006
Annual accounts 200682,5 k €
12/01/1989
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

VERMO

Overview

What does VERMO do?

Trend over 19 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