ACTIVE

VABEL

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Financial year 2024 · closed on 31/12/2024

Net result

-1,5 k €

-101.4% YoY

Gross margin

-1,5 k €

-101.4% YoY

Equity

493,7 k €

-0.3% YoY

What does VABEL do?

VABEL is a Public limited company incorporated in 1989. Its main activity is: Buying and selling of own real estate. Its registered office is in Leuven.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0436.950.752

Incorporation

03/03/1989

Legal form

Public limited company

Registered office

Grauwmeer 1 box 69
3001 Leuven · FlandreSee on map

Contributed capital

495 787,05 €

Latest accounts

31/12/2024

Activities (NACE)

68121Buying and selling of own real estate· main

Signals

Solid equityLow risk

View the BCE/KBO Public Search record →

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	-1,5 k €	-101%	105,6 k €	+1132%	-10,2 k €	-70.9%	-6 k €	-115%	39,6 k €	+3511%	-1,2 k €	+35.4%	-1,8 k €	+16.2%	-2,1 k €	+14.1%	-2,5 k €	-678%	-321,4 €	+87.7%	-2,6 k €	-975%	298,4 €	+112%	-2,6 k €	+77.6%	-11,5 k €	+69.9%	-38,1 k €	-154%	71,1 k €	-2.6%	73 k €	+1.9%	71,6 k €	+2.6%	69,8 k €
EBITDA	-1,5 k €	-101%	105 k €	+1127%	-10,2 k €	-70.9%	-6 k €	-115%	39,6 k €	+3511%	-1,2 k €	+35.4%	-1,8 k €	+16.2%	-2,1 k €	+14.1%	-2,5 k €	-89.0%	-1,3 k €	+76.5%	-5,6 k €	-162%	-2,2 k €	+51.4%	-4,4 k €	+70.7%	-15,1 k €	+63.5%	-41,3 k €	-165%	63,8 k €	-4.6%	66,9 k €	+4.7%	63,9 k €	+1.8%	62,8 k €
Operating result	-1,5 k €	-101%	105 k €	+1127%	-10,2 k €	-70.9%	-6 k €	-115%	39,6 k €	+3511%	-1,2 k €	+35.4%	-1,8 k €	+16.2%	-2,1 k €	+14.1%	-2,5 k €	-89.0%	-1,3 k €	+76.5%	-5,6 k €	+54.7%	-12,5 k €	+15.4%	-14,7 k €	+42.0%	-25,4 k €	+38.5%	-41,3 k €	-220%	34,3 k €	-48.4%	66,5 k €	+4.7%	63,5 k €	+1.8%	62,4 k €
Net result	-1,5 k €	-101%	104,8 k €	+1113%	-10,3 k €	-71.8%	-6 k €	-115%	39,6 k €	+3085%	-1,3 k €	+34.2%	-2 k €	+9.1%	-2,2 k €	-133%	6,6 k €	+54.7%	4,3 k €	-89.0%	39 k €	+996%	-4,3 k €	-204%	-1,4 k €	+93.2%	-21 k €	-106%	380,1 k €	+4472%	8,3 k €	-54.7%	18,3 k €	+232%	-13,8 k €	-62.1%	-8,5 k €
Balance sheet
Equity	493,7 k €	-0.3%	495,2 k €	+26.9%	390,3 k €	-2.6%	400,7 k €	-1.5%	406,7 k €	+10.8%	367,1 k €	-0.4%	368,4 k €	-0.5%	370,5 k €	-0.6%	372,7 k €	+1.8%	366 k €	+1.2%	361,7 k €	+12.1%	322,8 k €	-1.3%	327,1 k €	-0.4%	328,5 k €	-6.0%	349,5 k €	+58.2%	220,9 k €	+668%	-38,9 k €	+32.1%	-57,2 k €	-31.9%	-43,4 k €
Total assets	497,9 k €	-0.0%	497,9 k €	-0.8%	501,9 k €	-2.0%	512,3 k €	-0.0%	512,5 k €	+7.8%	475,2 k €	-0.0%	475,3 k €	-21.2%	603 k €	+0.1%	602,4 k €	+1.6%	592,9 k €	+5.0%	564,8 k €	-0.2%	566 k €	+0.2%	565 k €	+0.1%	564,4 k €	-6.5%	603,6 k €	-50.2%	1,2 M €	+26.5%	959,2 k €	-1.6%	974,8 k €	-1.0%	984,4 k €
Cash	–		0 €	-99.9%	54,3 €	+761%	6,3 €	-99.5%	1,2 k €	-3.1%	1,2 k €	+3.0%	1,2 k €	-23.9%	1,6 k €	+25.8%	1,3 k €	-53.4%	2,7 k €	+29.8%	2,1 k €	-2.2%	2,1 k €	+71.0%	1,2 k €	-68.2%	3,9 k €	+272%	1 k €	-86.4%	7,7 k €	+387%	1,6 k €	-79.2%	7,6 k €	-60.5%	19,3 k €
Debts	4,3 k €	+54.5%	2,8 k €	-97.5%	111,6 k €	0.0%	111,6 k €	+5.5%	105,8 k €	-2.1%	108,1 k €	+1.1%	106,9 k €	-54.0%	232,5 k €	+1.3%	229,4 k €	+1.3%	226,6 k €	+11.6%	203,1 k €	-16.0%	241,7 k €	+2.4%	236,1 k €	+0.5%	234,8 k €	-6.6%	251,4 k €	-74.6%	990,7 k €	-0.7%	998,1 k €	-3.3%	1 M €	+0.9%	1 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 32 ended

Active mandates

Ives Joanna Barthels

Mandate

Active

Ended mandates

Felicia Barthels

Director · since 28 juin 2013 · until 01 mars 2019

Ended

IMMO HOT-SPOT

Managing director · since 28 juin 2013 · until 01 mars 2019 · 0861.384.348

Represented by Ives Barthels

Ended

IMMO HOT-SPOT

Managing director · since 28 juin 2013 · until 01 mars 2019 · 0861.384.348

Represented by Ives Barthels

Ended

Lucien Barthels

Director · since 28 juin 2013 · until 01 mars 2019

Ended

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Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	30/08/2025	08/10/2024	31/08/2023	31/08/2022	15/02/2022	30/11/2020
General meeting	07/03/2025	01/03/2024	03/03/2023	04/03/2022	05/03/2021	08/09/2020
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
Micro model	31/12/2024	07/03/2025	30/08/2025	Dutch	PDF
Micro model	31/12/2023	01/03/2024	08/10/2024	Dutch	PDF
Micro model	31/12/2022	03/03/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	04/03/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	05/03/2021	15/02/2022	Dutch	PDF
Micro model	31/12/2019	08/09/2020	30/11/2020	Dutch	PDF
Micro model	31/12/2018	01/03/2019	23/10/2019	Dutch	PDF
Micro model	31/12/2017	02/03/2018	16/10/2018	Dutch	PDF
Abridged model	31/12/2016	03/03/2017	19/09/2017	Dutch	PDF
Abridged model	31/12/2015	01/09/2016	30/09/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	12/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	29/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	07/08/2013	Dutch	PDF
Abridged model	31/12/2011	29/06/2012	27/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	28/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	30/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	24/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	04/08/2008	Dutch	PDF
Abridged model	31/12/2006	02/03/2007	09/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 k€

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 · 32 ended

Active mandates

Ives Joanna Barthels

Mandate

Active

Ended mandates

Felicia Barthels

Director · since 28 juin 2013 · until 01 mars 2019

Ended

IMMO HOT-SPOT

Managing director · since 28 juin 2013 · until 01 mars 2019 · 0861.384.348

Represented by Ives Barthels

Ended

IMMO HOT-SPOT

Managing director · since 28 juin 2013 · until 01 mars 2019 · 0861.384.348

Represented by Ives Barthels

Ended

Lucien Barthels

Director · since 28 juin 2013 · until 01 mars 2019

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates18/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/08/2023
ONTSLAGEN - BENOEMINGEN
PDF
Registered office23/10/2019
MAATSCHAPPELIJKE ZETEL
PDF
Mandates24/12/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/10/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/08/2012
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares01/02/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates29/11/2011
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 2024-1,5 k €↓
2023
Annual accounts 2023104,8 k €↑
2022
Annual accounts 2022-10,3 k €↓
2021
Annual accounts 2021-6 k €↓
2020
Annual accounts 202039,6 k €↑
2019
Annual accounts 2019-1,3 k €↑
2018
Annual accounts 2018-2 k €↑
2017
Annual accounts 2017-2,2 k €↓
2016
Annual accounts 20166,6 k €↑
2015
Annual accounts 20154,3 k €↓
2014
Annual accounts 201439 k €↑
2013
Annual accounts 2013-4,3 k €↓
2012
Annual accounts 2012-1,4 k €↑
2011
Annual accounts 2011-21 k €↓
2010
Annual accounts 2010380,1 k €↑
2009
Annual accounts 20098,3 k €↓
2008
Annual accounts 200818,3 k €↑
2007
Annual accounts 2007-13,8 k €↓
2006
Annual accounts 2006-8,5 k €
03/03/1989
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

VABEL

Overview

What does VABEL do?

Trend over 19 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